The financial industry supported this move and said it is a progressive step to boost the adoption of interoperable cash deposits Launched in 2016, India’s UPI payment has become an essential part of every individual, especially for retail digital payments in India, and its adoption has noticed rapid growth. Keeping its huge progress in mind, […]
Zomato, a food-delivery platform, recently said it would begin paying small restaurant partners daily, eliminating the current weekly payment structure. “Our discussions with various restaurant partners highlighted the financial challenges smaller eateries face, using the traditional weekly payout system. This feature is designed to address this critical need for more frequent access to earnings,” Zomato wrote […]
About 94 per cent of Indian small businesses are also willing to invest more in online sales and marketing this year, according to a report by GoDaddy India. GoDaddy Data Observatory 2023 showed that Indian respondents are already using digital tools including intranet or internal social networks (74 per cent), shared drives for collaboration (72 […]
The Confederation of All India Traders (CAIT) came down heavily on the Directorate General of Foreign Trade (DGFT) for promoting e-commerce players to leverage district-specific products and their exports from the country. Terming the idea of the foreign trade policy formulator idea as “good,” it noted that it would be detrimental to the interests of […]
In a move that is set to impact businesses and consumers, oil marketing companies (OMCs) have announced an increase in the prices of commercial LPG gas cylinders. Effective from 1 November, the retail price of the 19 Kg commercial LPG gas cylinder in Delhi will see a hike of Rs 101, bringing the new rate […]
Meesho, India’s e-commerce marketplace, has claimed to witness a good festive sale during its flagship ‘Meesho Mega Blockbuster Sale’ that went live from 6 October to 15 October, 2023. According to the official statement released by the brand, by offering a wide selection of quality items at budget-friendly rates, particularly in non-electronic categories, the Meesho […]
Swiggy, the online food delivery platform, announced on Tuesday that it has facilitated the disbursal of over Rs 450 crore in loans to more than 8,000 restaurant owners through its capital assist programme. Launched in 2017, this pioneering initiative addresses the financing gap and empowers restaurant owners. According to the company’s statement, over 8,000 restaurants […]
American Express India announced the launch of its hyperlocal platform ‘Offers Next Door’ in India, it features exciting offers across neighborhood stores in Delhi NCR, Mumbai and Bangalore. The offers are spread across categories including fashion & lifestyle, departmental stores & grocery and health & wellness. Cardmembers can avail of the offer communicated to them […]
Post office departments of India and Canada recently entered into an agreement to introduce International Tracked Packet Service (ITPS) between the two countries. It is intended to facilitate e-commerce exports, an official release from India’s Ministry of Communications said. The service became operational on Saturday. The ITPS is a competitive service for the transmission and […]
WhatsApp Business app, which has over 200 million user base, will soon be able to create Facebook and Instagram ads to find and connect with new customers, without needing a Facebook account, Founder and CEO at Meta Mark Zuckerberg announced on Tuesday. “We’re also announcing new paid messaging features so small businesses can reach customers […]
