New Delhi: The United States is reportedly set to urge India to grant online retailers such as Amazon and Walmart full access to its Rs 125 billion e-commerce market.
According to industry executives, lobbyists and US government officials, Donald Trump's administration plans to push Prime Minister Narendra Modi’s government for a level playing field on e-commerce in wide-ranging talks on a US-India trade agreement set to also cover sectors from food to cars, as reported by The Financial Times on Tuesday.
However, it did not mention what measures the Trump administration expects from the Indian government.
Currently, India allows US e-commerce companies to operate only as online marketplaces for others to sell their products. Their Indian competitors can produce, own and sell goods through their platforms. Washington calls this a “non-tariff barrier”, alongside limits on foreign direct investment in retail, added the report.
Reliance, for instance, can open physical stores and leverage its expansive retail and logistics network to reach consumers more directly and extensively in India.
Meanwhile, the White House, Amazon, Walmart, and Reliance did not respond to news outlet’s requests for comment.
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New Delhi: The Supreme Court has temporarily stayed an order by the Karnataka High Court to set aside the election of KY Nanjegowda, Congress legislator from Malur constituency in Kolar district, in 2023.
The two-judge bench of Justices Vikram Nath and Sandeep Mehta has directed the Election Commission of India (ECI) to hold a recount of the constituency votes and submit the report on the outcome in a sealed cover, LiveLaw has reported.
The bench also stated that the result of the recount may not be made public without the permission of the Supreme Court.