Fair trade regulatory body the Competition Commission of India is considering issuing a “soft advisory” to e-commerce businesses operating in India in a bid to increase transparency through self-regulation.
The Competition Commission of India plans to create advisory guidelines for e-commerce businesses operating in India to encourage transparency and decide when deep discounting practices are appropriate.
The Competition Commission of India is looking into the use of deep discounting by e-commerce businesses ahead of the upcoming festival sale season and the organisation has launched a survey on the practice.
The Cotton Association of India (CAI) has retained its May estimate of the cotton crop for 2018-19 season that began on October 1, 2018, at 315 lakh bales i.e. at the same level as in the previous estimate.