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FOREIGN ECOMMERCE SITES
'The Donald of Dubai': UAE billionaire close to Trump bets $66 billion on AI to become the world's data kingUAE real estate magnate Hussain Sajwani is investing billions in data centers to capitalize on the AI boom, aiming for global leadership. H...- Reclusive Turkmenistan shows signs of cautiously opening upTurkmenistan, a nation known for its secrecy, is witnessing a subtle shift. E-commerce and social media are gaining traction, signaling a n...
- French regulator says most e-commerce platform products it tested breach EU rulesFrance's consumer watchdog found a staggering 75% of products from online platforms failed EU safety rules. Many items were found to be dan...
- India's tech hiring chills; Polymarket's IPL betHappy Tuesday! The tech sector is seeing a slowdown in hiring driven by internal cost controls. This and more in today's ETtech Morning Dis...
- Mediators gather in Pakistan for talks on ending the month long Israel-Iran warTop diplomats from Saudi Arabia, Turkey, and Egypt are in Pakistan to discuss the Middle East conflict. The talks aim to foster dialogue be...
- 'India needs to took at Chinese e-commerce for effective taxation and integrating rural economy'Arun Kumar, speaking at a book launch in Delhi, said that "India needs to follow the Chinese model of e-commerce. They were implemented in ...
- View: The gaping holes in Modi government's new draft e-commerce rulesWhat is the meaning of the ban on related-party sales on ecommerce platforms? That Reliance Trends cannot sell its wares on JioMart or that...
- E-commerce firms seek clarity on equalisation levyThey also suggested that the levy should not be imposed on services or goods that are executed online but delivered offline – for instance,...
- Buying from foreign ecommerce sites may get costlierPrepaid customs duty and tax could make buying products from foreign ecommerce platforms costlier.
- E-tailers may have to register entities in IndiaThe draft policy comes after the govt updated the FDI policy for online marketplaces in Dec which puts curbs on how large foreign e-tailers...
- Clarified e-commerce FDI norms will not impact stability, predictability: government officialThe DIPP on Wednesday tightened the policy for e-commerce platforms like Amazon and Flipkart by prohibiting an entity related by equity to ...
- Delhi HC directs e-commerce site to ensure products for sale on portal are not counterfeitsIt said that if the counterfeits do not turn out to be up to the mark, it is trademark owner's equity and customer base that is diluted or ...
- Explained: The policy that could kill deep discounts by e-commerce firmsThe restriction on pricing is to curb use of foreign money by e-comms to offer huge discounts.
- Making moolah with fakes: Amazon, Flipkart & Snapdeal waging a war against counterfeit suppliersAn ecommerce company spokesman says that these sites are online platforms where assorted sellers — honest and crooked — put up goods for sa...
- Foreign etailers draw Indian shoppers despite high tax, logistics issuesWhen avid online shopper Nanrita Sarkar needed a fashionable warm coat for the winter she turned to China’s AliExpress, rather than orderin...
- New tax tangle for e-commerce firms: Karnataka proposes a 1% levy on payments by buyers to sellersIf put in place, e-commerce cos will have to deduct 1 per cent of payments made to vendors before passing the money on, making goods costli...
- How can e-commerce sites be retailers for tax and not for FDI, asks High CourtThe observation by the court came while hearing a plea alleging that e-commerce sites are violating FDI policy by retailing goods through I...
- Lava International to sell new brand on own online platformVishal Sehgal, co-founder & director at Lava, did not reveal name of new sub-brand but confirmed that its launch & that of e-commerce site ...
- Flipkart set to receive ED notice on FEMA breach of Rs 1,400 croreED probe is for period before April 2013, when Flipkart shifted to marketplace model, converting into a platform for independent buyers and...
- Paypal to help set up e-commerce hub in China mega-cityUS online payment service Paypal has agreed to help set up an international e-commerce hub in southwestern China as more foreign companies ...
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