NEWS BUZZ
India's e-commerce sector is expected to reach US$ 325 bn by 2030 alongside a digital economy worth US$ 800 bn.
RBI draft norms for stricter KYC rules for payment aggregators could slow the onboarding of online merchants by up to 90%.
Government of India has simplified the payment mechanism for traders importing pulses from Myanmar, with the introduction of Rupee/Kyat mechanism.