Tag: eCommerce in India

India: Economic Growth Slows Amidst Data Localisation Concerns

The Indian economy is heading for a slowdown as growth forecasts are flat or lowered. The laws pending for approval before the general elections are now in focus. Data localization concerns are rising with the data protection related proposed legislations due to be passed law soon. […]

India Changes E-commerce FDI Rules

Government of India recently amended the FDI rules in the e-commerce sector. The amendment, though mentioned as a clarification, has made substantial changes to the regulations. Foreign portfolio investors’ registration has increased sharply during the year. The data protection bill appears to have been finalized. Fitch […]

Akshardham delhi

India Attracts Largest E-Commerce Deal

India’s potential for high growth in retail came to the forefront with the acquisition of its biggest homegrown online retail company. The high economic growth prospects were reaffirmed by the IMF. There will be a new system for monitoring of foreign investment in listed entities. The […]