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Does ONDC impact e-commerce? | Mint Masterclass

In December 2021, the government announced the launch of ONDC. They say it is going to be a game changer in the Indian e-commerce industry. It is an open-source network to democratise digital commerce in India. So What exactly is ONDC? How does it operate? and what are the benefits of ONDC?

19 Aug 2022
Politics

FinMin considers steps to prevent composition dealers from charging GST from buyers

Under the GST composition scheme, traders and manufacturers are required to pay only 1% GST on goods which otherwise attract a higher levy of either 5, 12 or 18%

1 min read13 Jan 2019
Companies

Flipkart fired 300 seasonal workers, delivery boys: Vendors’ body

The All India Online Vendors Association tweeted that the employment practices of Ekart, owned by Flipkart and Walmart, are under scrutiny after 300 seasonal workers were fired in Kheda and lot of sellers blacked out.

1 min read1 Jan 2019
Opinion

Opinion | Policy has to ensure that ecosystem is not negatively impacted

The new rule appears to impose a limit on how much one vendor can sell on a particular portal, which will discourage many small entrepreneurs, especially home businesses, that thrive only because of online sales without brick-and-mortar operations

3 min read31 Dec 2018
Companies

Amazon moves to check fake sellers

The e-commerce giant, which counts India as its most important international market, is witnessing a higher number of instances where unverified sellers are listing fake products across online marketplaces in the country

1 min read21 Dec 2018
Companies

Paytm Mall forgoes commission from retailers during festive season sales

Paytm Mall, owned by by Paytm Ecommerce Pvt Ltd, said that the move aims at passing on more benefits to its retail and brand partners.

1 min read10 Oct 2018
Companies

Amazon probing staff data leaks: Report

Amazon employees sell internal data to merchants who sell their goods on the e-commerce firm's website, says a 'Wall Street Journal' report

1 min read17 Sep 2018
Industry

What draft e-commerce policy means for India’s retail sector

Apart from online retail firms such as Amazon and Flipkart, the India e-policy may also hit sellers on e-commerce platforms

3 min read8 Aug 2018
Opinion

How conflict of interest can drive money behaviour

We live in a world full of information asymmetry and caveat emptor (buyer beware). Sellers always put themselves first

4 min read22 May 2018
Industry

Flipkart aims to reduce returns further by 10-15% this year: Anil Goteti

Flipkart's Anil Goteti says the e-commerce firm aims to reduce returns on its platform by another 10-15% as it engages more with its sellers to help improve the quality of products and increase sales

1 min read3 May 2018
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Budget

The 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

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