“India’s COVID-19 cases decline as vaccination drive picks up speed, positivity rate drops significantly”

In a recent development, the Indian government has announced new regulations for e-commerce platforms operating in the country. The new rules aim to tighten control over the sector, with a focus on protecting the interests of consumers and small businesses. The regulations require e-commerce companies to provide more transparency in their operations, including disclosing the origin of products and any related party transactions. Additionally, the rules prohibit these platforms from offering flash sales or selling products through companies in which they have an equity interest. The government has also introduced measures to address the issue of counterfeit products being sold online, mandating e-commerce companies to take necessary steps to prevent the sale of such goods. These new regulations come in the wake of increasing concerns about the dominance of big e-commerce players in the Indian market and their alleged anti-competitive practices. The government’s move is seen as a step towards creating a level playing field for all players in the e-commerce sector. It is expected that these regulations will have a significant impact on how e-commerce companies operate in India and could lead to a more competitive and fair marketplace for consumers and small businesses. This development is likely to reshape the e-commerce landscape in the country and bring about a more transparent and accountable system for all stakeholders involved.

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