According to research and consultancy firm RNCOS, the online retail market is projected to grow at a compound annual rate of 40-45 per cent during 2014-18.
Has Asus cooked the right recipe to dethrone Xiaomi Redmi Note 5 Pro as India's best selling budget phone?
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Reliance has announced that it will roll out its e-commerce platform to as many as 1.2 million retailers and store owners in Gujarat. This is part of a nationwide roll-out that will come later this yea, reports Viveat Susan Pinto.
With NEFT, which drives the retail payments value, operationalised on a 24x7x365 basis, the country's payment systems landscape is headed for substantial growth.
How do we get back to higher trend growth? The heart of the problem lies in private corporate investment, recommends Ajay Shah.
Fresh capital will help Flipkart further grow its e-commerce marketplace in India as the world's second-largest internet market begins to recover from the COVID-19 crisis.
Bharat Krishak Samaj demanded that the Pradhan Mantri Fasal Bima Yojana should be replaced with a new crop insurance and compensation scheme.
'AI will be bigger than the advent of the Internet or the harnessing of electricity.' 'India must embrace it with all its might,' says NITI Aayog CEO Amitabh Kant.
With wages rapidly rising in China, all is still not lost. Wage costs in India are significantly lower and this fact could still help us turn the tide in our favour.
Within the next two years, verification and scrutiny of returns will happen electronically through anonymised back offices manned by tax experts and officials. It will function without any personal interface between taxpayers and tax officers. Both the taxpayer and the tax officer will not know each other -- who is scrutinising whose return, and at which place, points out Kuldip Kumar, partner and leader personal tax, PwC.
Noting that the India-specific fighter on offer and its programme's size, scope and success will enable Indian industry to take advantage of unprecedented manufacturing, upgrade and sustainment opportunities well into the future, Lall said the platform will give Indian industry a unique opportunity to become a part of the world's largest fighter aircraft ecosystem.
Will work full day on other Saturdays; bank branches to be shut on 2nd, 4th Saturday from next month
The government has created a comprehensive budget with sharp focus on sustaining economic activity and investment but more clarity is needed on areas like taxation framework for adopting remote working on a long-term basis, IT body Nasscom said on Monday. The industry association noted that the IT/ITeS (Information Technology-enabled Services) industry has been a key driver of growth and jobs in 2020 and there is an opportunity to significantly accelerate it further. "For the IT sector, one of the biggest needs ahead of us is the development of future business models, with hybrid working becoming a reality. "We look forward for the government to provide clarity on providing a framework in direct taxes and indirect taxes for the industry to adopt WFH/remote working on a long-term basis," Nasscom said in a statement.
'Each lab is working on a key advanced technology of importance to the development of futuristic defence.'
"INS Kiltan strengthens our defence system and will be a shining armour in our 'Make in India' programme," Sitharaman said.
A truly 'made in India' satellite that will empower a digital India.
Several private hospitals across the country said they have no clarity on procuring COVID-19 vaccines under the new policy announced by Prime Minister Narendra Modi and that it has led to the vaccination being put on hold at their centres.
India is the world's third-largest smartphone market.
The GST rate on mobile phones will be hiked to 18 per cent while that on maintenance repair overhaul (MRO) services for aircraft will be lowered to 5 per cent with effect from April 1, Finance Minister Nirmala Sitharaman said on Saturday. The GST rate on handmade and machine-made matchsticks has been rationalised to 12 per cent from 5 per cent and 18 per cent respectively.
WhatsApp has drawn massive criticism from users globally, including India over concerns that data was being shared with its parent company, Facebook. WhatsApp, on its part, has maintained that messages on the platform are end-to-end encrypted and that neither WhatsApp nor Facebook can see the private messages on WhatsApp's platform.
Tata Motors has halved the volume outlook for its UK subsidiary Jaguar Land Rover Automotive (JLR) and warned of lower earnings as it sees the semiconductor shortage deepening in the September quarter of the current financial year, according to a notification issued by the company to the stock exchanges on Tuesday. The announcement caught investors unawares. They were hoping for a quicker recovery. Tata Motors' stock tanked 13 per cent (on July 6) from the day's high of Rs 358.10 and hit the lower circuit (Rs 311.45) in intra-day trades.
Which sectors will bounce back fast? Which will lag? Has the consumer changed forever? Here are some answers.
Markets regulator was mandated by court to examine documents to ascertain their genuineness and make refund to investors
The first nationwide mock drill was held on January 2 which, the health ministry said, helped to iron out any glitches in the final execution and further refinement of the operational procedures.
It's not every day that an undergraduate from India wins a scholarship to study at one of the prestigious universities in the world.
'The Chinese mindset and approach to India is far different from that in Pakistan.' 'This reality makes it possible for us to follow an engagement policy with one, while militating against engagement with the other.'
'This updated NPR database along with Aadhaar Number would become the mother database and can be used by various government departments...' the home ministry declared in July 2015. 'UID/Aadhaar has been used as a fish bait to ensnare and entrap present and future generations of citizens,' warns Gopal Krishna.
'Gwadar has the potential to facilitate PLAN's operations in the Arabian Sea and Indian Ocean.' 'Reports of China setting up electronic eavesdropping posts at Gwadar to monitor US and Indian naval activity and shipping traffic through the Straits of Hormuz and the Arabian Sea lend credence to this,' says former RA&W officer Jayadeva Ranade.
As lobbying and counter-lobbying intensify, right now, it looks like a T20 match, discovers Tamal Bandyopadhyay.
The lockdown that crippled the entire logistics, delivery and supply chain network to near zero, was enough to deal a body blow to India's fastest growing unicorn whose very business model saw a severe disruption, like several other firms and sectors.
Imports too declined 26 per cent to $29.47 billion in August, leaving a trade deficit of $6.77 billion.
Defence ministry incompetence hobbles development of battle-taxis for the Indian Army.
There has been an exponential increase in the use of technology to validate financial numbers, with a greater reliance on electronic evidence, use of live videos where possible, data analytics, and project management software to overcome the physical limitations in verifying transactions and accounts.
'It is high time that we act instead of just talking about how and why the climate is changing.'
Uber's association with a movie, the first for the company in India, comes at a time when it is flexing muscles and splurging on hoardings and newspaper ads to get more customers.
At the heart of the issue is the way e-commerce is defined in the current draft policy.
Portal to be launched in three months, says Future Group's Kishore Biyani
If the CBDCs don't offer interest, why will people shift from cash to CBDCs?, asks Tamal Bandyopadhyay.
He also lamented that EVMs are being used as a 'football' and some sections are doing a 'motivated slugfest' over their use.
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