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The Open Network for Digital Commerce (ONDC) represents a groundbreaking initiative to transform the eCommerce landscape. By democratising digital commerce, ONDC is not only reshaping the way business is conducted but is also levelling the playing field for sellers across the nation. A Vision for Inclusive Growth ONDC is setting new standards in digital commerce…
New Delhi: Global e-commerce major Amazon on Thursday said it is on track to enable Indian businesses surpass $13 billion in cumulative e-commerce exports from India by the end of year. The company said that as part of its ‘Amazon Global Selling’ programme launched in 2015, 1.5 lakh exporters have cumulatively sold over 40 crore…
New Delhi: Segmental and geographical expansion, underpinned by a strong and increasing presence in semi-urban and rural markets with large unmet demand, will continue to drive growth for small finance banks (SFBs) in India this fiscal, a report showed on Monday. SFBs are expected to grow their advances by a robust 25-27 per cent this…
New Delhi: The outlook for India’s financial sector appears bright, but it needs to brace for likely vulnerabilities, said Economic Survey 2023-24 tabled in Parliament on Monday. The Indian financial sector is at a “turnpike moment”, it said, adding that the dominance of banking support to credit is being reduced, and the role of capital…