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    LPG subsidy: Aadhaar biometric authentication mandatory for subsidised refills from Oct 1
    RBI orders removal of Maharashtra minister Babasaheb Patil, 7 others as directors of Latur DCC Bank
    US tariffs on Indian goods: A Chronology
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September 19, 2026
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Biometric Aadhaar authentication becomes essential for domestic LPG consumers seeking regulated subsidised refill bookings, while market-price supply remains available.
Biometric Aadhaar authentication is required from October 1 for domestic LPG consumers to book subsidised refills at the regulated retail selling price. Authentication can be completed through delivery personnel, distributor showrooms or designated mobile applications. Consumers unwilling or unable to authenticate may obtain LPG at the applicable market price without subsidy after registering their choice through specified digital channels. The framework distinguishes subsidised LPG linked to Aadhaar-authenticated consumers from market-priced LPG and seeks targeted subsidy delivery, reduced leakage, and prevention of diversion, duplicate connections and ineligible access.
September 19, 2026
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Cooperative bank director tenure limits require disqualification and removal when service exceeds the statutory maximum period.
Directors of District Central Cooperative Banks and Central Cooperative Banks are subject to a maximum 10-year tenure under the Banking Regulation Act, 1949, as amended by the Banking Laws (Amendment) Act, 2025. RBI directed removal of a director ineligible to continue under section 10A(2A)(i), read with section 56, following concerns that directors of Latur District Central Cooperative Bank had exceeded the permitted tenure.
September 19, 2026
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Tariff treatment of Indian exports shifted from reciprocal duties to targeted trade measures, sectoral duties, and specified exemptions.
Upon expiry of the temporary global measure, an India-targeted 10 per cent Section 301 tariff, linked to forced-labour concerns, replaced it; the effective charge for most covered exports remained MFN duty plus 10 per cent. The current regime applies the Section 301 tariff to Indian exports except specified goods, with separate sectoral duties on steel, aluminium and auto components. Smartphones, medicines and energy products are exempt.
September 19, 2026
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PMLA-based FIR request over alleged consultancy payments remains under legal examination amid criticism of non-registration.
Enforcement Directorate sought registration of an FIR concerning alleged fraudulent payments by Cochin Minerals and Rutile Ltd to Exalogic Solutions, represented as IT consultancy fees. The request relied on evidence gathered through investigation and searches under the Prevention of Money Laundering Act. Registration remained under consideration after receipt of the Advocate General's legal opinion, with the Home Department examining the matter.
September 19, 2026
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Free trade agreements expand market access, entrepreneurial partnerships and youth career opportunities alongside public-sector recruitment and development participation.
Free Trade Agreements are presented as mechanisms for expanding cross-border partnerships, market access for entrepreneurs, and career opportunities for young persons. Youth employment is also linked to the expansion of the startup ecosystem beyond major cities and to public-sector recruitment through Rozgar Melas. Newly selected candidates are to join central government ministries, departments and organisations. Public service is framed around citizen-centred administration and decisions supporting a developed and self-reliant India.
September 19, 2026
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AI governance for regulated financial services enables natural-language automation while preserving enterprise security, auditability, control, and scalable deployment.
Assist-Edge enables teams to describe intended processes in natural language and use AI to create, modify, and enhance executable workflows. Working with reusable AI agents and workflows, it supports discovery, customisation, deployment, and scaling of enterprise automation. For banking, financial services, and insurance operations, its use is positioned alongside security, governance, auditability, and control, supporting governed adoption of scalable AI capabilities and movement from isolated experimentation to enterprise-wide intelligent automation.
September 19, 2026
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Recurring token reward distributions connect eligible holdings, platform activity, and partner participation through hourly settlement cycles.
BC Engine permits eligible $BC holdings to participate in hourly settlement rounds distributing BCD rewards. Participants can monitor active balances, cumulative rewards, unclaimed BCD, and settlement history through the Engine interface. Settlement amounts vary with ecosystem activity, while the mechanism links platform activity, token utility, user participation, and commercial partners through repeated value distribution rather than one-time promotional incentives.
September 19, 2026
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Asset monetisation of surplus public land and buildings is accelerated through transparent, value-oriented processes and stakeholder coordination.
NLMC's Board recommended monetisation proposals involving surplus land and building assets valued at over Rs. 5,000 crore. Monetisation is facilitated through asset identification, due diligence, valuation and appropriate process structuring, with emphasis on transparency, efficiency and value realisation. Sustained coordination with asset-owning entities is intended to expedite implementation and support timely, commercially appropriate monetisation of underutilised public assets.
September 19, 2026
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Zero forex markup on credit cards applies automatically to international transactions without conditions while preserving applicable rewards.
Zero Forex Markup applies automatically to international transactions made through all existing and new credit cards, without a new-card application, upgrade, spending threshold or other stated condition. International card spends do not attract forex markup charges. Reward Points or Cashback, where applicable to the relevant card, continue on international transactions. Existing credit cards may be used for overseas and cross-border payments without requiring a separate forex card solely to avoid such charges.
September 18, 2026
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Foreign exchange reserve valuation reflects currency movements as foreign currency assets and gold holdings decline.
India's foreign exchange reserves declined to USD 780.782 billion for the week ended September 11, driven by reductions in foreign currency assets and gold holdings. Foreign currency assets fell to USD 645.796 billion, with their dollar value reflecting movements in reserve currencies against the US dollar. Gold reserves also declined, while Special Drawing Rights increased to USD 18.845 billion. The reserve position with the IMF stood at USD 4.916 billion.
September 18, 2026
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Bulk sugar stockholding limits now allow expanded inventories only where additional supplies derive from designated import channels.
Bulk sugar consumers using more than 10 tonnes monthly as a raw material may hold up to 30 days' requirement instead of 15 days. Holdings above 15 days must consist exclusively of sugar imported under the Tariff Rate Quota or Advance Authorisation Scheme; sugar obtained from the open market remains restricted to 15 days' consumption. Bulk consumers must declare and disclose their sugar inventories every Friday through the food ministry's online portal.
September 18, 2026
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Trade facilitation and digitalisation support regional economic cooperation through simpler customs procedures, paperless exchange, resilient supply chains, and MSME access.
Priority measures included expanded intra-SCO trade, lower trade costs, resilient and diversified supply chains, trusted multimodal connectivity, greater market access, simplified customs processes, paperless trade and electronic document exchange. Digital and cross-border payments and accessible trade finance were identified to enable MSMEs and start-ups to participate in trade and value chains. Ministers agreed an Action Plan for 2026-2030 for further approval and approved regulations for a special working group on creative-economy development.
September 18, 2026
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Customs cooperation and trade facilitation advance electronic origin verification, pre-arrival information exchange, and safeguards against preferential trade misuse.
Customs cooperation and trade facilitation measures included pre-arrival information exchange, electronic verification of Certificates of Origin, and Customs automation and digitalisation. These measures are directed at facilitating legitimate trade while ensuring compliance with applicable rules and preventing misuse of preferential trade arrangements. Rail and road connectivity, freight movement, Integrated Check Posts and land-port infrastructure were reviewed to improve infrastructure utilisation and address operational bottlenecks affecting bilateral and transit trade.
September 18, 2026
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Preferential equity issuance approved to strengthen capital, support digital lending expansion, and fund subsidiary operations subject to required approvals.
OnEMI Technology Solutions Limited has approved a preferential issue of equity shares to identified investors, subject to shareholder and requisite regulatory and statutory approvals. The issuance is proposed under the Companies Act, 2013, the SEBI capital-issue and disclosure framework, other applicable SEBI regulations, and applicable law. Seventy-five per cent of the additional capital raised is proposed for infusion into its wholly owned subsidiary to support lending, technology, digital capabilities and product expansion, while the remaining twenty-five per cent is proposed for general corporate purposes.
September 18, 2026
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Fraudulent input tax credit claims through bogus invoices prompted arrest over alleged invoicing without actual supply of goods.
Alleged fraudulent availment, utilisation and passing on of inadmissible input tax credit involved invoices from purported suppliers found to be non-existent, non-functional, suspended or cancelled. Input tax credit was allegedly claimed without actual receipt of goods and passed on through invoices unsupported by corresponding supplies. Following investigation and recorded statements, the proprietor of an iron and steel trading firm was arrested under statutory arrest powers, while further investigation remains in progress.
September 18, 2026
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Direct tax collections: stronger advance tax payments support growth in corporate, non-corporate, and securities transaction tax receipts.
Direct tax collections grew through September 17, supported principally by increased advance tax payments from corporate and non-corporate taxpayers. Gross collections exceeded Rs 14.32 lakh crore, while net collections, after refunds, exceeded Rs 12.12 lakh crore. Corporate tax collections grew more strongly than non-corporate tax collections, and Securities Transactions Tax receipts recorded significant growth. The trend indicated broad-based tax buoyancy, supported by underlying economic activity, taxpayer confidence and business performance.
September 18, 2026
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Reusable consent-based KYC enables integrated onboarding, reporting, record updates and periodic re-verification for regulated financial institutions.
Central KYC-based onboarding enables regulated financial institutions to reuse a customer's existing verified identity record through the Central KYC Registry with customer consent. The integrated solution supports onboarding, KYC reporting, unsolicited notifications and re-KYC. It retrieves consented KYC records through CKYC APIs, uses facial matching or video-based customer identification for authentication, and applies AI-based duplicate detection. Reporting automates validation, image correction and real-time registry submission, while record updates and simplified periodic re-verification support the currency of institutional KYC information.
September 18, 2026
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Benchmark interest rate normalisation raises borrowing costs while monetary policy monitors inflation, wage growth, currency risks, and economic recovery.
The Bank of Japan increased the uncollateralised overnight call rate from 1.0 per cent to 1.25 per cent, advancing monetary-policy normalisation after a prolonged period of near-zero or negative rates. The increase was assessed against gradual economic recovery, inflation near its target, wage growth, currency fluctuations, elevated crude oil prices, and external risks. Further tightening remains contingent on stable price increases, wage developments, and monitoring of other risks.
September 18, 2026
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Direct tax collections reflect stronger advance tax payments, alongside increased corporate tax, securities transaction tax, and refund issuance.
Net direct-tax collections exceeded Rs 12.12 lakh crore through 17 September, reflecting 13 per cent growth following increased advance-tax receipts. Gross direct-tax collections exceeded Rs 14.32 lakh crore, while refunds exceeded Rs 2.20 lakh crore. Corporate-tax and non-corporate tax collections increased, as did Securities Transaction Tax collections. Advance-tax receipts exceeded Rs 5.22 lakh crore, comprising increased corporate advance tax and non-corporate advance tax payments.
September 18, 2026
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Upper-layer NBFC listing compliance sharpens corporate governance conflict over public accountability, shareholder liquidity, and preservation of private ownership.
Tata Sons' status as an upper-layer non-banking financial company has brought its proposed public listing into focus after the Reserve Bank of India rejected its application to voluntarily surrender core investment company registration. Tata Sons is required to take steps to comply with the enhanced regulatory framework applicable to upper-layer NBFCs, which includes stock-market listing. Classified in 2022, Tata Sons did not meet the original listing deadline and had pursued deregistration after repaying debt.

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#FlipTrends2025: Gen Z Drives Scroll-Led Discovery, Tier 2 Cities Lead Premiumisation, and Video & Quick Commerce Become India's Dominant Habits

December 18, 2025

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• India searched for everything on Flipkart from Labubu to Stanley Cups, proving that 2025 was the year niche obsessions went national • Air fryers won the great kitchen showdown with 18 lakh searches, narrowly beating microwaves to the top spot • The most-shipped product of the year clocked its highest demand in cities like Cuttack, Godavari, and Medinipur • Gen Z made 3 AM the new primetime, with over 40% 10-minute deliveries turning impulse scrolls into instant checkouts • The year’s costliest cart came from a shopper who checked out with a ₹30 lakh order featuring TCL 115 inch Smart TV Bengaluru - December 17, 2025: Flipkart, India’s homegrown e-commerce marketplace, today unveiled #FlipTrends2025, its annual insights report capturing the definitive shifts in the nation’s digital economy. With Gen Z dictating a new era of scroll-led discovery, tier 2 cities bypassing basics to lead the demand for premiumisation and convenience moving from an occasional occurrence to an everyday reflex, FlipTrends unpacks the behaviors that hijacked group chats, broke search bars, and turned everyday interactions into a nationwide shopping revolution.

Rajneesh Kumar, Chief Corporate Affairs Officer, Flipkart, said, “The insights from #FlipTrends2025 tells the story of a confident digital nation. It was the year shopping became muscle memory, Gen Z turned viral scrolls into instant trends, and Tier 2 cities led the charge in premiumisation. This clearly shows that the lines between content and commerce have blurred. As video shopping and quick commerce transition from novelties to daily habits, #FlipTrends2025 confirms that we have moved beyond mere adoption; in fact, India is now defining the global playbook for digital consumption." Gen Z Turned 21 Lakh Searches into Trends Overnight! A viral Y2K reel sent more than 21 lakh shoppers hunting for the look on Flipkart, with Korean-inspired styles quickly following as creator-led discovery shaped what Gen Z searched for on Flipkart. Their carts told the same story, filled with crop tops, oversized hoodies and baggy jeans, while mouth tape for sleeping unexpectedly became one of the most saved items of the year. Gaming emerged as their biggest habit, with 58% of purchases coming from the 15–24 age group led by Delhi and Kolkata, climbing to 60% in Tier 2 plus cities. In metros like Mumbai and Hyderabad, shoppers aged 25–34 drove the most of gaming purchases, and headsets made up 85% of all gaming accessories sold on Flipkart, redefining how immersive, social-first play defined Gen Z’s shopping identity in 2025.

Orders Delivered Before You Can Say ‘Dhaniya’ 2025 was the year India treated quick commerce like muscle memory. The ₹9 fruits and vegetables on Flipkart Minutes became one of the most talked about offerings with reels and customer reviews hailing it as the ultimate hero of daily convenience. But it wasn’t just veggies or groceries that got the spotlight. Midnight shoppers made vegetables, milk, chips, ice-creams and chocolates the most-added products after dark, while mood-based buys and “I need this now” moments turned Flipkart Minutes into a go-to reflex across metros and emerging cities. Products like cashews, health drink mixes, biscuits, savouries, namkeens, chips, ice-creams and aerated drinks saw a sharp lift as shoppers used Minutes not just to restock but to experiment, indulge, and solve sudden cravings. With demand peaking after 7 PM, 2025 proved that India doesn’t plan its quick commerce orders. It feels them.

When Non-Metro India Started Shopping Like Metros! Tier 2 and 3 cities powered Flipkart’s strongest momentum this year, with Bardhaman, Cuttack, East Godavari, Krishna, and Medinipur emerging as top growth hubs. Shoppers here drove demand across key categories from face serums to dishwashers and electric bikes, signalling a clear shift toward premium choices. Fashion continued to anchor their carts while accessories and personal care gained traction among younger buyers. The creator economy also expanded beyond metros, with microphone sales rising 1.3 times as more users began setting up content spaces at home. In 2025, Bharat wasn’t just catching up; it was leading the growth curve.

Smart Nation, Smarter Buys: Tech That Defined Shopping in 2025 India’s festive shopping in September and October saw record engagement on Flipkart, with 10.3 million users interacting with video commerce every day and shoppers generating 345 million product page views daily as they browsed and compared offers. Livestream shopping continued to build momentum, with over 3 lakh orders placed during live sessions and 3.8 million users engaging with Flipkart’s Infinite Feed each day to surface products through endless scroll formats. Co-branded credit card penetration also increased, accounting for 36% of all card transactions. Together, these features strengthened Flipkart’s ability to offer speed, clarity, and value at scale this year.

Bharat’s Big Tech Upgrade: Electronics and Appliances that powered 2025 Electronics and appliances on Flipkart showed how India learned to work and relax this year. Laptops and tablets remained popular, while gaming tablets, laptop power banks, and creator tools gained traction among shoppers seeking multi-use devices. Tier 2 and Tier 3 cities drove more than half of electronics demand, showing how strongly smaller cities shaped tech purchases in 2025. Appliances followed the same quick response pattern. When air quality dropped in the north, air purifier orders on Flipkart Minutes rose 11X in November compared to early October and peaked at 13X during the same month, while overall demand on the platform climbed 1.3X month on month. India did not wait; it ordered.

Fashion’s 14 Million First Timers Found Their Style Era! Flipkart Fashion continued to be a top entry point for new users, with over 14 million customers making their first-ever transaction on the platform through fashion. The average customer age remained between 15–24 years, highlighting strong engagement from digitally savvy and style-conscious cohorts. Across demographics, people explored silhouettes like baggy jeans, oversized t-shirts, coord sets, and cargo pants with colour palettes ranging from soft pastels to bold neons, and everyday essentials that balanced function with personality. Flipkart’s Gen Z-focused fashion in-app experience, SPOYL, played a defining role in shaping these trends, capturing the bold, experimental, and individual style cues of young shoppers. Metros like Bangalore, Delhi, Hyderabad, Kolkata, and Pune led the charge, while Tier 2 & 3 cities such as Bardhaman, Cuttack, Godavari, Kamrup, and Medinipur showed accelerated adoption. Athleisure remained a dominant theme, with sweats recording the highest growth. Accessories saw a sharp rise in demand, with earrings, bracelets, and hair accessories growing twice in demand, reflecting how shoppers are building personal looks, not just wardrobes.

India’s Most Loyal Relationship in 2025? It's the Grocery Cart! Grocery and daily essentials became one of Flipkart’s most consistent shopping patterns in 2025, with male shoppers driving much of the demand across performance-led nutrition such as whey protein, gainers, creatine, amino acids, and bars. Everyday staples also grew strongly, with soaps and body wash rising by 45%, detergents by 41% and soft drinks increasing by 34% in Tier 2 cities, including Cuttack and Guwahati. Herbal tea, weight gainers and fruit crush were among the fastest-moving items of the year. What India added most often to its cart in 2025 reflected a mix of routine needs and evolving preferences across households.

The Biggest 2025 Obsession? Beauty That Feels Good Before It Looks Good Shoppers turned to hydration-rich formulas, soft gel serums and newer skincare rituals shaped by modernised heritage habits, simplified skinimalism routines, and barrier and comfort care. K-beauty staples such as sheet masking, cloud cleansing, and dewy prep stayed part of daily use as customers gravitated toward routines that felt effective without being elaborate. Searches for kojic acid, niacinamide, lactic acid, and vitamin C continued to rise, with people choosing products for their ingredients rather than trends. Makeup leaned into hybrid formulas that paired colour with care, fragrance layering became a personalised daily ritual and haircare followed the same pattern with routines focused on growth, strength, hairfall and frizz using lighter, results-driven products.

Oddball Orders That Broke the Internet and Search Bars India’s carts in 2025 came with plot twists. The country searched for everything from shoes to iPhones, while air fryers crossed 18 lakh searches, edging past microwaves in one of the year’s closest races. Brooms had an unexpected moment too, with a significant number of units shipped to cities like Bhubaneswar, Cuttack, and Mangalore. The costliest cart came from a shopper in Gurgaon, who checked out with a TCL 291 cm 115 inch Ultra HD 4K Mini LED Smart Google TV worth ₹30 lakhs. And in a FlipTrends classic, a customer in Mumbai added 20 packets of Korean Ramen to a single order, perhaps enough for a marathon and the snacks between.

Built to Scale: How Flipkart Enabled Seller Success in 2025 Flipkart’s marketplace saw strong seller momentum in 2025, with transacting sellers rising upwards of 25 to 30% over the past six months. The newly launched Seller Success Program helped businesses grow over 2X, supported by Flipkart tools such as NXT Insights and an upgraded Seller Hub that offered simpler onboarding, faster settlements and real-time analytics. These upgrades strengthened the foundation for thousands of businesses and helped create a seller ecosystem geared for higher growth and deeper reach.

Convenience Led the Checkout Story This Year In 2025, Flipkart’s Black subscription programme saw strong traction, with 7.6 lakh customers opting in to unlock added convenience, unique benefits, and quicker payments, a sign of increasing preference for value-driven membership experiences. Flexible and digital-first payment options continued to empower how India shopped online. Buy Now Pay Later (BNPL) adoption saw steady growth, UPI remained the most preferred mode of payment, especially for Gen Z, driven by ease of use, instant processing, and strong adoption across everyday categories like grocery, fashion, and beauty.

About the Flipkart Group The Flipkart Group is one of India’s leading digital commerce entities and includes group companies Flipkart, Myntra, Flipkart Wholesale, Cleartrip and super.money.

Established in 2007, Flipkart has enabled millions of sellers, merchants, and small businesses to participate in India's digital commerce revolution. With a registered user base of more than 500 million, Flipkart's marketplace offers over 150 million products across 80+ categories. Today, there are over 1.4 million sellers on the platform, including Shopsy sellers. With a focus on empowering and delighting every Indian by delivering value through technology and innovation, Flipkart has created thousands of jobs in the ecosystem while empowering generations of entrepreneurs and MSMEs. Flipkart has pioneered services such as Cash on Delivery, No Cost EMI, Easy Returns, and UPI. These customer-centric innovations focus on enhancing digital payment offerings for all customers while making online shopping more accessible and affordable for millions of Indians.

For more information, please write to [email protected] (Disclaimer: The above press release comes to you under an arrangement with NRDPL and PTI takes no editorial responsibility for the same.). PTI PWR

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