India to tap Amazon, Flipkart data directly in inflation revamp, roll out services index

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India to tap Amazon, Flipkart data directly in inflation revamp, roll out services index
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KUALA LUMPUR: Bursa Malaysia Bhd and its subsidiaries will be closed on several dates in September 2025 for upcoming public holidays.

A visitior stands near a logo of Amazon during the annual Retail Leadership Summit in Mumbai, India, February 27, 2025. REUTERS/Hemanshi Kamani/ File Photo

India had about 270 million online shoppers in 2024, a figure projected to grow 22% annually, a private study showed. E-commerce firms are being asked to share weekly average prices of goods with the government, which will then be cross-checked against a broader dataset to guard against any skews. Earlier this year, it launched an investment survey and more frequent employment reports, which some economists have questioned for their accuracy.

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