E | DD News

March 30, 2026 10:13 AM

WTO talks end in deadlock after Brazil blocks deal on e-commerce duties

World Trade Organization talks ended deadlocked early on Monday as Brazil blocked a bid by the U.S. and other countries to extend a moratorium on customs duties for electronic transmissions, dealing a fresh blow to the embattled trade body. WTO Director-General Ngozi Okonjo-Iweala said the e-commerce moratorium had expired, meaning countries could apply duties on electronic goods such as digital downloads and streaming. But she said the WTO hoped to be able to restore the moratorium and that Br...

June 26, 2025 11:46 AM

E-Commerce to drive India’s $1 trillion digital opportunity by 2030: report

India’s online commerce sector, which stood at $30 billion in 2020, is projected to grow tenfold to $300 billion by 2030, playing a pivotal role in shaping the country’s $1 trillion digital economy, according to a new report released on Thursday. The report by Bessemer Venture Partners highlights that online commerce is no longer a niche sector catering to a select few but has evolved into a dominant force within India’s retail ecosystem, serving an expanding and diverse consumer base...

January 15, 2025 5:51 PM

Fashion, accessories top e-commerce sales in 2024: report

Fashion and accessories dominated e-commerce sales in 2024, contributing a staggering 30% of the total order volume, followed by beauty, wellness, and personal care products at 19%, according to a report by Unicommerce, an e-commerce enabler company. Casual and western wear remained customer favorites within the fashion segment, while beauty products such as face and body washes, moisturizers, and sunscreens topped their category. Other popular items included health supplements and sunglasses. ...

November 21, 2024 3:21 PM

Private consumption driving growth in Q3, with rural India taking the lead: RBI

The slowdown observed in the Indian economy during the second quarter of 2024-25 appears to be behind us, with private consumption once again driving domestic demand. Festival spending has reignited real activity in Q3, according to the Reserve Bank of India’s (RBI) November bulletin. The report highlights rural India as a key growth driver, particularly for e-commerce during the festive season. This momentum is expected to strengthen further, supported by a sharp rise in kharif crop output a...

August 21, 2024 4:17 PM

Growth of e-commerce should be citizen-centric: Union Minister Piyush Goyal

Union Commerce Minister Piyush Goyal on Wednesday emphasized the need for a balanced approach to the expansion of e-commerce in India, saying that it should be citizen-centric and supportive of the broader economy. Speaking at the launch of the Pahle India Foundation’s report on the 'Net Impact of E-Commerce on Employment and Consumer Welfare in India,' Goyal cautioned against disrupting the livelihoods of India's 100 million small retailers as e-commerce companies seek to expand their market...