The Department for Promotion of Industry and Internal Trade (DPIIT) has called a meeting of leading e-commerce companies on July 8 to take forward its discussion on getting the online platforms to display the ‘country of origin’ of goods that they sell. The discussion comes at a time when the government has clamped down on […]
Archives for July 2020
Lingering Covid-19 fears pushing buyers online
Illustration: Rahul Awasthi Even as India’s e-commerce sector is yet to fully recover its revenues post the lifting of the lockdown, a large number of consumers continue to prefer ordering online or through contactless deliveries from local stores, as the number of Covid-19 cases in India continues to rise. According to a survey by community […]
Over 2 lakh fertiliser retailers are directed to accept UPI
Over 250,000 fertiliser retailers will have to accept Unified Payments Interface (UPI) payments at their distribution points soon. The Ministry of Chemicals and Fertilizers’ (MoCF) directive comes amid the crucial Kharif cropping season and is aimed at promoting digital payments in the largely cash-dominated agricultural trade markets. The objective could also be to provide millions […]
Weekend Reading for Financial Planners (July 4-5)
Executive Summary Enjoy the current installment of “weekend reading for financial planners” – this week’s edition kicks off with the news that the SEC has prevailed in its legal challenge against Regulation Best Interest, as the 2nd Circuit Court of Appeals ruled in its favor, clearing the way for this week’s enforcement date (but with […]
Large, dominant companies are nothing new
Some really great points and charts in the new Animal Spirits this week… [embedded content]
Tennessee hires accounting firm to help with $7B COVID funds – Madison.com
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How to Make Will Online?
How to make will online? – My friend is working professional. He has planned his wealth so well. He has a house, bank balance, investment. He is so happy. His life seems all set. He has very good career, savings & insurance. But, he is lacking in succession planning. He has not prepared his will. […]
ETtech Top 5: Jio Platforms lands new investor, Pine Labs eyes Wirecard’s Asia biz & more
Reliance Industries’ digital unit Jio Platforms has landed another strategic investor, weeks after the oil-to-telecom conglomerate had announced that its fundraising milestone from financial investors was achieved as it became debt-free. Meanwhile, Pine Labs is eyeing the Asian business of beleaguered German payments company Wirecard. Jio Platforms fundraisingThere is a saying among startup founders: You […]
Technology is taking over the Real Estate sector too
Look at the top six holdings in Vanguard’s REIT ETF (ticker VNQ), they’re all technology plays – ecommerce fulfillment, cloud computing, data centers, wireless cell towers, etc. These technology bets now comprise a third of the real estate sector’s market cap weighting. The new episode of my podcast went up today, as it does each […]
TikTok, Chinese app ban: Where things stand
Illustration: Rahul Awasthi On Monday evening, India banned 59 Chinese apps including TikTok, WeChat, UC Browser, Club Factory, Shareit and CamScanner citing threats to the country’s “sovereignty and security”. The ban was imposed under Section 69A of the IT Act amid rising tensions between India and China, following a military standoff in Ladakh. The government […]