India’s Ecommerce Pendulum Swings Between Clicks & Compliance
Noting that the extent of regulations should be limited, experts believe that experts say excessive regulation adds complexity for micro-sellers on ecommerce platforms.
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Amazon Q4 Revenue Surges Fueled By Generative AI Growth
- by BW Retail World Bureau
- February 3, 2024
Amazon.com exceeded revenue projections, sparking an immediate surge of up to 8 per cent in its shares during post-market trading. The ecommerce and cloud giant attributed this success to the robust adoption of generative AI features across its cloud and online retail operations during the critical holiday period. The company’s cloud arm, Amazon Web Services […]
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National Ecommerce Policy Near Completion, Says Commerce Minister
- by BW Retail World Bureau
- December 29, 2023
Union Minister For Commerce and Industry Piyush Goyal announced on Thursday that the National E-commerce Policy is in its final stages of discussion and is poised for imminent announcement. Addressing the media at a press conference, Goyal stated, “It is in the final stages of discussion at the highest level in the government. We hope […]
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To Remain Competitive, Alcohol Brands Need To Navigate Changing Tax Landscape: Experts
- by Amisha Sharma
- October 13, 2023
The Goods and Services Tax (GST) Council last week said that it has decided not to impose a tax on Extra Neutral Alcohol (ENA) at the national level, however, it’s now up to the states whether to tax ENA or not. ENA is an important ingredient used in making alcoholic drinks for human consumption. The […]
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UP Govt Takes Steps To Address Pulse Hoarding And Price Increases
- by BW Retail World Bureau
- October 7, 2023
The Uttar Pradesh government, led by Chief Minister Yogi Adityanath has issued instructions to senior officials in the Department of Food and Civil Supplies to address the issues of hoarding and price increases of pulses within the state. These instructions include conducting inspections and verifications of pulse traders to enforce the revised stock limit set […]
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Amazon Wins Partial Victory In EU Court Case Over Digital Services Act
- by BW Retail World Bureau
- September 29, 2023
Amazon has partially won in an EU court case related to European Union ecommerce market regulation laws, which come under the Digital Services Act (DSA). On Thursday, the EU General Court ruled in favour of Amazon, by agreeing to suspend a requirement under the DSA that Amazon is obligated to follow and make an ads library public. […]