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Three critiques of Amazon Online sales rose 59% in Australia, 46.7% in Britain, 32.4% in the US, and 14.6% in China. The turnover increased by 22.4% last year to $2.5 trillion, having increased by some 15% in 2018 and 2019. Retail sales overall declined by 1% year on year.  Data by gross merchandise volume put China's Alibaba at the top, followed by US giant Amazon.   Travel, ride hailing companies suffer Data from the 13 top e-commerce companies showed a significant drop for companies offering services such as ride hailing and travel. Eleven of these companies are from the US and China...

Synopsis Every government’s best answer to a debt trap has been privatisation. The private sector is hailed as a panacea for India’s cash problems. But the immediate monetisation of assets only momentarily satiates India’s welfare aspirations. In his last visit to India, Jeff Bezos famously announced that the 21st century belonged to India. While it could have been pure PR, there is much merit to Bezos’ claim. India’s bullish spree has inspired a positive business sentiment across the world. Despite Covid-19, Moody’s projected that India’s GDP will grow at 12% in 2021. Accordin...

Daily Monitor Saturday March 13 2021 Oil and gas sector analysts interviewed for this article recommend that government do something almost immediately to plug IFF way before commercial exploitation of the country’s oil begins to flow Advertisement Should commercial production of oil and gas begin before the government tightens loopholes that drives illicit financial flows (IFFs), the country should expect very little and in some cases nothing at all in any form or shape of the much needed oil revenues. Oil and gas sector analysts interviewed for this article recommend that government do so...

FDI inflows up 22% in April-Dec 2020 SECTIONS Share Synopsis Total FDI inflows including equity inflows, re-invested earnings and other capital were $55.14 billion in the first nine months of FY20 while FDI equity inflows were $36.77 billion. Agencies The government on Thursday said that India attracted total foreign direct investment (FDI) of $67.54 billion during April-December 2020, the highest ever for the first nine months of a financial year and 22% higher year-on-year. FDI equity inflows rose 40% in the April-December of FY21 at $51.47 billion, the commerce and industry ministry said i...

World Emerging digital solutions for life after COVID is likely to be worth over $3 trillion by 2025: UNCATD February 27, 2021 NEW YORK — With an estimated market value of $350 billion today, the array of emerging digital solutions for life after COVID is likely to be worth over $3 trillion by 2025, according to UNCTAD's Technology and Innovation Report 2021, which examines the crucial issue of technological change and inequality. It warns of serious implications for developing countries if the new technolog...