Restaurants, on average, pay 20% of the order value as commission to the aggregators, apart from offering discounts
2 min read1 Aug 2020At least 37% of Swiggys part-time delivery partners are students working to fund their education, a Swiggy survey saidThe survey also revealed that 28% are saving money with the goal of buying a house or car of their own
1 min read9 Jan 2020As the cab hailing business gathers pace, the need to regulate such operators has also risen and the govt is taking steps in that direction
3 min read17 Dec 2019Policies should ideally stay away from micro managing these businesses on matters such as capping earnings
2 min read17 Dec 2019Unsustainable initial ‘deep discounts’ are typically meant to tap into behavioural biases that people haveOnce lured in by initial discounts, people might stay because they’re simply unwilling to make the effort to switch
4 min read1 Sep 2019Account aggregators will put in all your financial data at one place, with your consentYou will be able to share financial data related to your bank account and investments with a wealth manager
6 min read28 Aug 2019Some experts say food delivery falls under the ambit of e-commerce guidelinesRegulators have unofficially exempted food apps from policy for marketplaces, say those privy to talks
2 min read22 Aug 2019More than half of the health insurance policies being bought by consumers are sold by individual agentsComplexity of health insurance products, consumer anxiety that in case of a claim, they could need the assistance of an agent are the reasons for this behaviour
3 min read20 Feb 2019The guidelines for approval/re-approval of OTAs will ensure that there are adequate safeguards against deficiency of service, alternate arrangements, if needed, and punitive deterrence
2 min read7 Dec 2018FHRAI writes a letter to online travel aggregators outlining the most critical concerns of the hotel industry which includes the issue of distortion of market price, the demand for exorbitant commissions and the hosting of illegal and unlicensed bed and breakfast accommodations
1 min read5 Dec 2018The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared