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Flipkart Group trumps Amazon in festive sales

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Flipkart Group trumps Amazon in festive sales

The e-commerce sector in the festive sale period between mid-October to November clocked $8.3 billion in gross merchandise value (GMV), up around 65% from the previous year. Flipkart Group including Myntra emerged as the leader, said management consulting firm Redseer.

Flipkart Group comprised 66% of the overall GMV clocked by e-commerce firms in the festive season. Last year, GMV clocked by e-commerce firms stood at $5 billion during the festive month.

This year’s festive sales also saw 88% customer growth from last year, as close to 40 million shoppers coming from Tier 2 and beyond cities bought on e-commerce platforms.

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Overall, 88 million shoppers purchased goods on e-commerce this festive season, with 55% coming from Tier 2 towns, and 45% from metros and Tier 1 cities.

Last year, close to 47 million shoppers bought from e-commerce during festive season sales.

Factors like presale awareness, pent up demand by customers, wide selection across categories, disruption of offline stores along with multiple credit and affordability constructs helped major e-commerce players to drive growth this festive season.

“One clear lesson from this festive season is that e-commerce has become more mainstream than ever. And it has proven that with the right assortment at the right prices which is delivered quickly in the safety of customer’s homes – the value proposition of e-commerce is very powerful.

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Thus, it is imperative for brands and sellers to shift their focus to online quickly and enable a seamless online experience for the customer in order to thrive in a post COVID world,” said Mrigank Gutgutia, director, e-commerce, RedSeer Consulting.

In the category mix, smartphones continued to dominate across all the products, with an increasing share of users from Tier 2 cities. With covid forcing individuals to work-from-home, even electronics and large appliances saw a jump, clocking 29% of the overall GMV, during this festive sale.

On the other hand, fashion took a minor hit during this festive sale as covid placed restrictions on ‘stepping out’ behaviour of consumers. GMV per customer also dropped to ₹6,600 from ₹7,450 in last festive season, Redseer added.

Earlier, Mint had reported that a total of 52 million shoppers flocked on e-commerce websites, in the first week of 2020 festive sales, with 57%, or 31 million customers coming from smaller cities and towns.

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Waqf row

Waqf row: Can’t stay law made by Parliament when validity presumed, Centre tells SC

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Waqf row: Can’t stay law made by Parliament when validity presumed, Centre tells SC

The Centre has sought the Supreme Court to dismiss pleas challenging the validity of the Waqf Act, 2025, stating that there cannot be a “blanket stay” on the law due to a “presumption of its constitutionality.” The government defended the law, claiming that after 2013, there were over 20 lakh hectares of waqf land added. The affidavit also claimed misuse of earlier provisions to.

The Supreme Court of India has dismissed a petition filed by NGO Abhinav Bharat Congress, which sought the apex court’s powers under Article 142 of the Indian Constitution to be granted to the high courts. The Supreme Court has previously exercised its power under Article 142 in the case brought by the Tamil Nadu government against state governor RN Ravi

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The Supreme Court has stated that the amendments were undertaken after a comprehensive, in-depth and analytical study by a parliamentary panel having members from major political parties. The government has acted within its domain to ensure that religious endowments like waqf are managed in a manner that upholds the trust reposed in them by the faithful society.

A bench headed by Chief Justice Sanjiv Khanna is slated to hear the matter on May 5 on passing of interim orders. The Supreme Court has also rejected a plea seeking Article 142 powers for high courts, which requires an amendment to the Constitution. The court has encroach upon private and government properties. stated that the power conferred under Article 142 of the Constitution is only on this court and not the high courts.

At large, without trespassing on religious autonomy. The law, the Centre said, was valid and result of a lawful exercise of legislative power ​In a significant legal development, the Indian government has urged the Supreme Court to dismiss petitions challenging the constitutional validity of the Waqf (Amendment) Act, 2025. The Centre emphasized that laws enacted by.

Parliament carry a presumption of constitutionality and should not be subjected to a blanket stay without thorough judicial scrutiny The government’s stance was articulated in a comprehensive 1,332-page preliminary counter-affidavit filed by the Ministry of Minority Affairs. The affidavit defended the amendments as a lawful exercise of legislative power.

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A central point of contention in the petitions is the inclusion of non-Muslim members in Waqf Boards and the provision concerning ‘waqf by user’. The Centre argued that the inclusion of up to two non-Muslim members among the 22 members of the Waqf Council and Auqaf Boards is a measure of inclusiveness and does not intrude upon the administration of waqfs asserting.

The Supreme Court, while refraining from granting an interim stay on the Act, has directed the Centre to maintain the status quo. This includes halting new appointments to Waqf Boards and refraining from altering the character of waqf properties, including those registered under ‘waqf by user’, until the next hearing scheduled for May 5 that Parliament acted within its.

The court’s interim order underscores the need for a balanced approach, acknowledging the presumption of constitutionality of parliamentary laws while ensuring that the rights and concerns of all stakeholders are adequately addressed. As the legal proceedings continue, the Supreme Court’s final verdict will have significant implications for the administration of waqf.

Properties and the broader discourse on religious endowments in India domain to ensure the proper management of religious endowments like waqf In response to multiple petitions challenging the constitutional validity of the Waqf (Amendment) Act, 2023, the told the Supreme Court that a law passed by Parliament cannot be stayed merely because its.

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