Search results for 'Exporters'

'If people don't buy gold...': Jewellers protest against PM's appeal

'If people don't buy gold...': Jewellers protest against PM's appeal

Rediff.com12 May 2026

Jewellers in Lucknow protest Prime Minister Modi's appeal to defer gold purchases for a year amid the West Asia crisis, fearing significant business losses and economic hardship for those involved in the trade.

No plans for fuel rationing, supply adequate: Oil ministry official

No plans for fuel rationing, supply adequate: Oil ministry official

Rediff.com11 May 2026

India has no plans to ration fuel supplies despite ongoing disruptions in global energy markets, according to a top oil ministry official. The country has maintained adequate inventories of crude products and LPG while diversifying imports to manage supply risks.

Why Is The ED Raiding Punjab Minister Sanjeev Arora?

Why Is The ED Raiding Punjab Minister Sanjeev Arora?

Rediff.com9 May 2026

The Enforcement Directorate conducted searches against Punjab industries minister Sanjeev Arora and others allegedly linked to him as part of a money laundering case investigation.

Trump lands in Beijing to rare VIP welcome amid trade and Iran talks

Trump lands in Beijing to rare VIP welcome amid trade and Iran talks

Rediff.com6 days ago

US President Donald Trump received a red carpet welcome in Beijing for talks with Chinese President Xi Jinping on trade, the Iran war, and other key issues. The visit underscores the importance both nations place on their relationship amid ongoing tensions.

Govt hikes windfall tax on diesel to Rs 55.5/litre, ATF to Rs 42/litre

Govt hikes windfall tax on diesel to Rs 55.5/litre, ATF to Rs 42/litre

Rediff.com11 Apr 2026

The Indian government has increased the export duty, or windfall tax, on diesel to Rs 55.5 per litre and on aviation fuel (ATF) to Rs 42 a litre, effective immediately, to boost domestic availability and prevent exporters from exploiting global price differences.

Renault gets 'FutuREady', to launch 7 new cars by 2030

Renault gets 'FutuREady', to launch 7 new cars by 2030

Rediff.com17 Apr 2026

The Renault group is set to significantly expand its presence in India, aiming to establish the country as one of its top three global markets by 2030 through the launch of seven new vehicles, a 5 per cent market share target, and ambitious export goals.

India's Crude Oil Imports Shift: Venezuela & Brazil Replace Iraq Amid West Asia Crisis

India's Crude Oil Imports Shift: Venezuela & Brazil Replace Iraq Amid West Asia Crisis

Rediff.com1 May 2026

Indian refiners are recalibrating their crude sourcing strategy due to supply disruptions in West Asia, leading to Venezuela and Brazil emerging as top five suppliers in April, replacing traditional sources like Iraq and the United States.

Trump rejects Iran's offer, says blockade to remain until.....

Trump rejects Iran's offer, says blockade to remain until.....

Rediff.com30 Apr 2026

US President Donald Trump in an exclusive interview to Axios on Wednesday, said that he would continue to keep the naval blockade until Iran agrees to deal with the United States by addressing America's concerns about the nuclear programme.

The Kerala Couple Who Created The Met Gala Carpet

The Kerala Couple Who Created The Met Gala Carpet

Rediff.com7 days ago

The world watches the Met Gala for the celebrities and the couture. But, for the last few years, one Indian brand from Kerala has quietly been creating the carpet that fashion's biggest stars pose on.

India, New Zealand FTA to be signed on April 27

India, New Zealand FTA to be signed on April 27

Rediff.com16 Apr 2026

India and New Zealand are poised to sign a free trade agreement (FTA) on April 27 in New Delhi, aiming to provide tariff-free access for Indian goods to New Zealand's market and attract USD 20 billion in investment over the next 15 years.

Iranian supertanker bypasses US Navy blockade

Iranian supertanker bypasses US Navy blockade

Rediff.com3 May 2026

An Iranian tanker successfully bypassed the US Navy to deliver crude oil to the Asia-Pacific region, despite ongoing tensions and a US blockade.

India's services sector growth hits 5-month high in April

India's services sector growth hits 5-month high in April

Rediff.com6 May 2026

India's services sector growth reached a five-month high in April, with the HSBC India Services PMI Business Activity Index rising to 58.8, primarily driven by robust domestic demand and a shift from international to local suppliers amidst the West Asia crisis.

For first time China confirms support to Pakistan during Operation Sindoor

For first time China confirms support to Pakistan during Operation Sindoor

Rediff.com8 May 2026

China has confirmed providing on-site technical support to Pakistan during last year's conflict with India, according to official media reports.

Fuel price hike on cards? Puri says oil companies are losing Rs 1,000 cr a day

Fuel price hike on cards? Puri says oil companies are losing Rs 1,000 cr a day

Rediff.com7 days ago

India possesses two months of fuel stockpiles and faces no supply concerns despite global energy disruptions, according to Oil Minister Hardeep Singh Puri. However, state-run fuel retailers are incurring losses of up to Rs 1 lakh crore in a single quarter due to elevated crude prices and unchanged retail fuel prices, raising questions about the sustainability of these losses.

Delhi Police Uncover Counterfeit Branded Garments Racket

Delhi Police Uncover Counterfeit Branded Garments Racket

Rediff.com5 May 2026

Delhi Police have busted a racket selling counterfeit branded garments and accessories in Vasant Kunj, arresting one person and seizing a large stock of fake products.

China surpasses US as India's largest trading partner, trade deficit widens

China surpasses US as India's largest trading partner, trade deficit widens

Rediff.com15 Apr 2026

China has emerged as India's largest trading partner in 2025-26, with bilateral trade reaching USD 151.1 billion, while India's trade deficit with Beijing widened to an all-time high of USD 112.6 billion.

Volkswagen bets big on India, targets 5% market share

Volkswagen bets big on India, targets 5% market share

Rediff.com21 Apr 2026

koda Auto Volkswagen India aims to capture a 5 per cent share of India's passenger vehicle market by 2030, driven by new product launches, including alternate fuel vehicles, and a potential entry into the high-volume sub-4 metre SUV segment.

Iran unrest hits Indian basmati rice exports

Iran unrest hits Indian basmati rice exports

Rediff.com13 Jan 2026

Civil unrest in Iran has started impacting India's basmati rice exports to the country, leading to a sharp fall in domestic prices, as exporters face payment delays and mounting uncertainties, an industry body said on Tuesday. The Indian Rice Exporters Federation (IREF) urged exporters to reassess risks on Iranian contracts and adopt secured payment mechanisms, warning against over-leveraging inventories meant for the Iranian market.

West Asia crisis, inflation weighed on RBI panel's decision on interest rate

West Asia crisis, inflation weighed on RBI panel's decision on interest rate

Rediff.com22 Apr 2026

Uncertainties stemming from the West Asia crisis and its potential impact on inflation and economic growth were key factors in the Reserve Bank of India's Monetary Policy Committee (MPC) decision to maintain the status quo on interest rates, according to the recently released MPC meeting minutes.

India-EU pact weaves new hope into $100 bn textile export dream

India-EU pact weaves new hope into $100 bn textile export dream

Rediff.com4 Feb 2026

The proposed trade deal with the 27-nation European Union (EU) is expected to provide zero-duty access to the $95 billion European market for Indian textile and apparel manufacturers. Currently, India's share of the European market is just 6 per cent, or $5.5 billion.

CII seeks fiscal support, credit lines for industries hit by West Asia conflict

CII seeks fiscal support, credit lines for industries hit by West Asia conflict

Rediff.com6 Apr 2026

The Confederation of Indian Industry (CII) has proposed a 20-point policy agenda to the finance ministry, including a conflict-linked emergency credit line guarantee scheme and tax rationalisation on energy inputs, to support MSMEs, exporters, and energy-intensive industries affected by the ongoing West Asia war.

Reopen Hormuz route quickly, stick to no-nuclear pledge: China to Iran

Reopen Hormuz route quickly, stick to no-nuclear pledge: China to Iran

Rediff.com6 May 2026

China has called on Iran to reopen the Strait of Hormuz and expressed appreciation for Tehran's commitment not to develop nuclear weapons, a key demand of the US to end the conflict.

Mastermind Of Rs 1,825 Crore GST Fraud Arrested

Mastermind Of Rs 1,825 Crore GST Fraud Arrested

Rediff.com20 Apr 2026

Kapil Chugh, accused of masterminding a Rs 1,825 crore GST refund fraud, has been arrested by DGGI officers upon his return from Dubai. He is alleged to have evaded investigation and is wanted in other economic criminal cases.

Modi: TMC's 'Jungle Raj' In Bengal To End On May 4

Modi: TMC's 'Jungle Raj' In Bengal To End On May 4

Rediff.com23 Apr 2026

Prime Minister Narendra Modi asserted that the TMC's governance in West Bengal is nearing its end, citing corruption and unfulfilled promises. He highlighted the BJP's commitment to development and security, particularly for the fisherfolk and against infiltration.

Modi: TMC's 'Syndicate Raj' In Bengal To End On May 4

Modi: TMC's 'Syndicate Raj' In Bengal To End On May 4

Rediff.com23 Apr 2026

Prime Minister Narendra Modi asserted that the TMC's rule in West Bengal is nearing its end, citing corruption and unfulfilled promises. He also pledged support for the fisherfolk and a zero-tolerance policy for infiltrators.

Explained: How FTA with EU will help boost India's exports

Explained: How FTA with EU will help boost India's exports

Rediff.com28 Jan 2026

India and the European Union (EU) on Tuesday announced the conclusion and finalisation of negotiations for the proposed free trade agreement (FTA).

RBI net-bought $7.4 bn in Feb, highest since Mar '25

RBI net-bought $7.4 bn in Feb, highest since Mar '25

Rediff.com24 Apr 2026

The Reserve Bank of India (RBI) net-bought $7.4 billion from the spot foreign exchange market in February, its highest buy since March 2025, before heavily intervening by selling dollars in March as the rupee declined over 4 per cent following a spike in crude oil prices.

Mahindra & Mahindra Reports Robust Q4 Profit Growth, Outlines Ambitious Expansion Plans

Mahindra & Mahindra Reports Robust Q4 Profit Growth, Outlines Ambitious Expansion Plans

Rediff.com5 May 2026

Mahindra & Mahindra Ltd reported a significant 48.5 per cent jump in consolidated profit after tax to Rs 5,259.91 crore in the March quarter, primarily attributed to strong performance in its auto and farm sectors, alongside ambitious plans for new SUV and EV launches.

LPG crisis may cut sugar demand by 400,000 tonnes: Isma chief

LPG crisis may cut sugar demand by 400,000 tonnes: Isma chief

Rediff.com8 Apr 2026

India's sugar consumption is projected to fall by nearly 400,000 tonnes in the 2025-26 season, primarily due to the ongoing liquefied petroleum gas (LPG) shortage exacerbated by the West Asia conflict and unseasonably cool weather.

Automobile exports from India rise 24% in 2025

Automobile exports from India rise 24% in 2025

Rediff.com18 Jan 2026

Automobile exports from India rose 24 per cent in 2025 driven by robust demand for cars, two wheelers and commercial vehicles in the overseas markets, as per the latest SIAM data. Overall exports last year raced to 63,25,211 units as against 50,98,474 units in the 2024 calendar year, up 24.1 per cent.

Banerjee Disputes Modi's Fish Production Claims in West Bengal

Banerjee Disputes Modi's Fish Production Claims in West Bengal

Rediff.com10 Apr 2026

West Bengal Chief Minister Mamata Banerjee refuted Prime Minister Narendra Modi's claims that the state lags in fish production, asserting significant increases during her tenure.

Geopolitical Risks Could Push Jio Platforms IPO to H2 FY27

Geopolitical Risks Could Push Jio Platforms IPO to H2 FY27

Rediff.com29 Apr 2026

Reliance Industries' digital arm, Jio Platforms, may see its initial public offering (IPO) delayed to the second half of fiscal 2027, according to CreditSights. The delay is primarily attributed to ongoing geopolitical tensions in the Middle East, which could impact market conditions and investor sentiment.

Why Trump Enforced A Naval Blockade In Strait Of Hormuz

Why Trump Enforced A Naval Blockade In Strait Of Hormuz

Rediff.com25 Apr 2026

The US blockade on Iranian ports is aimed to curb Iranian energy exports, thereby crippling its economy to force Iran back to the negotiating table, points out Commodore Venugopal Menon (retd).

'Economically, nobody is winning this war'

'Economically, nobody is winning this war'

Rediff.com30 Apr 2026

'Markets never fully lose hope. But an important shift could come if the Strait remains closed -- moving from high prices to no prices.'

Indian Equities Rebound: BSE 500 Up 12.1% in April Amidst Geopolitical Risks

Indian Equities Rebound: BSE 500 Up 12.1% in April Amidst Geopolitical Risks

Rediff.com30 Apr 2026

Indian equities are experiencing their sharpest rebound in years, with the BSE 500 index rallying 12.1 per cent so far this month, echoing Covid-era recoveries despite ongoing geopolitical uncertainty and earnings risks.

EU suspends export benefits to sectors like textiles, plastics for India

EU suspends export benefits to sectors like textiles, plastics for India

Rediff.com22 Jan 2026

The European Union (EU) has suspended export benefits to sectors such as textiles and plastics under a preferential scheme for India and two other countries from January 1, a move that will impact the country's shipment to the 27-nation bloc. The development is important as the two sides are likely to announce the closure of negotiations for a free tarde agreement (FTA) on January 27.

Manufacturing lifts pvt sector activity in April

Manufacturing lifts pvt sector activity in April

Rediff.com24 Apr 2026

India's private sector activity saw a significant recovery in April, driven primarily by robust growth in manufacturing output and sales, following a three-year low in March attributed to the West Asia conflict.

FTA to boost marine products; concerns over farm exports' non-tariff barriers

FTA to boost marine products; concerns over farm exports' non-tariff barriers

Rediff.com28 Jan 2026

India's marine product exports facing rough weather from punitive US tariffs are expected to get a big boost following the reduction of 26 per cent tariff as part of the India-EU Free Trade Agreement (FTA), but concerns over non-tariff barriers, which are a dominant aspect of marine trade to the EU, still remain.

Steel prices hiked again amid rising exports

Steel prices hiked again amid rising exports

Rediff.com19 Jan 2026

The imposition of safeguard duty, an uptick in exports, and an increase in input cost are driving steel prices higher. The latest round of price increase took place on Friday, with some steel mills increasing hot-rolled coil (HRC) prices by ~500-750 a tonne, according to price reporting and market intelligence firm BigMint. HRC is a benchmark for flat steel.

Iran gives fresh proposal as Trump 'still not satisfied'

Iran gives fresh proposal as Trump 'still not satisfied'

Rediff.com3 May 2026

Iran has presented a multi-layered proposal to the US in an attempt to break the deadlock in peace talks, focusing on de-escalation and nuclear programme discussions.