Cash crunch: Online shopping to go down by 25% in India

M4PNews|Delhi/Chandigarh Demonetization of ‘500 and 1,000’ notes – which make for 85% of the total currency circulation in the country – will have a deep impact on the otherwise fast-growing e-commerce business. The e-commerce business, which did $2 billion in sales during the festival season, is facing a slowdown. According to various estimates, the removal … Read more

Jun 05, 2025 03:43 PM IST
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