e-commerce Archives

January 15, 2025 5:55 PM

Fashion, accessories top e-commerce sales in 2024: report

Fashion and accessories dominated e-commerce sales in 2024, contributing a staggering 30% of the total order volume, followed by beauty, wellness, and personal care products at 19%, according to a report by Unicommerce, an e-commerce enabler company....

November 21, 2024 3:26 PM

Private consumption driving growth in Q3, with rural India taking the lead: RBI

The slowdown observed in the Indian economy during the second quarter of 2024-25 appears to be behind us, with private consumption once again driving domestic demand. Festival spending has reignited real activity in Q3, according to the Reserve Bank ...

August 21, 2024 4:18 PM

Growth of e-commerce should be citizen-centric: Union Minister Piyush Goyal

Union Commerce Minister Piyush Goyal on Wednesday emphasized the need for a balanced approach to the expansion of e-commerce in India, saying that it should be citizen-centric and supportive of the broader economy. Speaking at the launch of the Pahl...

November 1, 2023 2:52 PM

RBI to regulate cross-border payment facilitators

The Reserve Bank of India (RBI) has said it will directly regulate firms engaged in cross-border payment transactions for the import and export of goods and services. This regulatory step aims to combat the practice of small-scale imports of restri...

August 24, 2023 4:37 PM

Our responsibility is to rebuild confidence in international trade: PM Modi

"Our responsibility as G20 nations to rebuild confidence in international trade and investments," Prime Minister Narendra Modi said in his opening address of the G20 Trade and Investment Ministers’ Meeting held in Jaipur, Rajasthan on August 24. ...