E-commerce – An Overview

The enforcement of social distancing, lockdowns and other measures in response to the COVID19 pandemic has led consumers to ramp up online shopping, social media use, internet telephony and teleconferencing, and streaming of videos and films. The global nature of COVID19 and its impact on ecommerce may encourage strengthened international cooperation and the further development of policies for online purchases and supply. The pandemic has made it clear that ecommerce can be an important tool/solution for consumers. Ecommerce can also support small businesses and, by making economies more competitive, be an economic driver for both domestic growth and international trade.   Read More

India to gradually move to gas-based economy

India plans to shift to a gas-based economy by boosting domestic production and buying cheap liquefied natural gas (LNG) as the world's third-biggest oil importer seeks to curb its greenhouse emissions, oil minister Dharmendra Pradhan said.

New Delhi has promised to shave a third off its emissions rate by 2030, partly by boosting the use of cleaner burning fuels.

"Gradually we are shifting towards a sustainable gas economy," Pradhan told Reuters in an interview.

State cement units may be revived to give a boost to roads, realty projects

The government plans to revive state-run cement factories across the country, a move that could substantially bring down road and housing construction costs besides giving a push to the stressed infrastructure sector.

Road transport and highways minister Nitin Gadkari said the aim is to bring down the cost of cement to make the projects financially more viable.

"We are working on a plan to revive state-run shut cement factories," he said, adding that his ministry has sought d ..

Government expecting Rs 25 lakh crore investment for infra development

The government is expecting investments worth Rs 25 lakh crore over the next 3 years in the roads, railway and shipping infrastructure that includes setting up of 27 industrial clusters at ports at around Rs 8 lakh crore, Union Minister Nitin Gadkari said today.

"We are committed to overhaul country's infrastructure and gradually working towards achieving this. We plan to spend Rs 25 lakh crore in our highways and shipping sector which includes setting up of 27 industrial clusters ne ..

Want to import a drone or a satellite phone? Single window clearance mechanism makes it easier

Are you looking to import a drone or a satellite phone? If so, you may soon benefit from the customs department's plans to expand the single-window clearance mechanism to bring the telecom department and environment ministry under its ambit.

Officials said this will reduce both paperwork and time taken for clearing import of such items.

"We are in talks with the department of telecom and ministry of environment to bring them on board to become part of the unified clearance me ..

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