News for 'Business India'

Putin Offers More Fertilisers To India

Putin Offers More Fertilisers To India

Rediff.com25 Aug 2026

Russia remains India's biggest fertiliser supplier, with imports rising nearly 40 per cent in 2025.

Assocham Praises New UPI Framework For Large Transactions

Assocham Praises New UPI Framework For Large Transactions

Rediff.com17 Sep 2026

Industry body Assocham has welcomed the new UPI framework for large-value merchant transactions, effective October 15. This framework introduces a 0.4 per cent Merchant Discount Rate (MDR) on person-to-merchant UPI payments exceeding Rs 2,000, with a cap of Rs 300 for transactions over Rs 75,000. The move aims to enhance UPI sustainability, support innovation, and mitigate fraud, while protecting small merchants and ensuring most everyday transactions remain free.

India's Biggest Stock Market Booms And Busts

India's Biggest Stock Market Booms And Busts

Rediff.com1 Sep 2026

'Every period of excessive optimism eventually gives way to a correction, while periods of extreme pessimism often create the best investment opportunities.'

Noel Tata: We Hope RBI Will Find Common Ground With Us

Noel Tata: We Hope RBI Will Find Common Ground With Us

Rediff.com30 Sep 2026

Listing, according to Noel Tata, will fundamentally change how the company and the group have been working over the past 150 years.

SC to hear pleas seeking suspension of CEC on Monday

SC to hear pleas seeking suspension of CEC on Monday

Rediff.com4 Oct 2026

The Supreme Court is set to hear pleas challenging Chief Election Commissioner Gyanesh Kumar's alleged unilateral decisions without the concurrence of other election commissioners. The petitions seek his suspension and question actions like altering voter registration forms and handling electoral roll revisions in Goa and West Bengal, highlighting concerns over the multi-member character of the Election Commission.

Gulf tensions drive NRI luxury home investments back to India

Gulf tensions drive NRI luxury home investments back to India

Rediff.com2 Sep 2026

Non-resident Indians are increasingly investing in luxury homes in India, driven by geopolitical uncertainties, particularly the Iran war. This trend is observed across major cities like Mumbai, Bengaluru, and the National Capital Region, with developers noting a significant rise in NRI pre-sales. While some see it as a temporary shift, others believe India is becoming a stable, long-term investment destination for NRIs, especially those from West Asia.

Digital Ecosystem Key To Unlocking MSME Credit

Digital Ecosystem Key To Unlocking MSME Credit

Rediff.com11 Sep 2026

India's MSME sector faces a significant formal credit gap of approximately Rs 60 lakh crore, with traditional channels meeting only a fraction of the demand. A new report suggests that a centralised, interoperable digital layer could effectively bridge this gap and enhance productivity across the formal business sector by digitising workflows and enabling cash-flow-based underwriting.

Kohli Confirms 2027 World Cup Will Be His Last

Kohli Confirms 2027 World Cup Will Be His Last

Rediff.com26 Sep 2026

Cricket superstar Virat Kohli has announced that the 2027 50-overs World Cup will be his final appearance for India in the format.

Rohit Sharma Still Has Unfinished Business

Rohit Sharma Still Has Unfinished Business

Rediff.com22 Jul 2026

The Hitman still probably hurts over missing World Cup glory in 2011 and his stellar career rightfully deserves one last hurrah at the ODI World Cup.

'Monetary Policy Can Bring Inflation To The Target'

'Monetary Policy Can Bring Inflation To The Target'

Rediff.com7 Oct 2026

'In fact, when monetary policy has been deployed, it does not distinguish between types of shocks. It goes straight for the kill.'

Will Volkswagen be 4th time lucky with Indian partner?

Will Volkswagen be 4th time lucky with Indian partner?

Rediff.com26 Sep 2026

Volkswagen, a long-standing but minor player in India's fiercely competitive automotive sector, is now exploring a strategic partnership with the JSW group, aiming to revitalise its market presence, enhance profitability, and potentially establish India as a key export hub for electric vehicles.

Can top professionals fall for cyber fraud? IIT Madras study says...

Can top professionals fall for cyber fraud? IIT Madras study says...

Rediff.com29 Sep 2026

An IIT Madras study reveals that financial cybercrime victims in India are often highly educated professionals, challenging the notion that only careless or financially unaware individuals are targeted. The research highlights that digital literacy doesn't guarantee protection, as fraudsters exploit stress and emotional vulnerabilities.

IT Q2 Preview: Muted Growth, Steady Margins Expected Amid AI Deflation

IT Q2 Preview: Muted Growth, Steady Margins Expected Amid AI Deflation

Rediff.com4 Oct 2026

India's leading IT companies are anticipated to report subdued revenue growth and largely stable margins for the July-September quarter, as clients maintain tight discretionary budgets, with analysts closely watching the conversion of strong bookings into revenue and the impact of AI on traditional services.

Sharvari, Taapsee, Karisma Are The Women Of The Year

Sharvari, Taapsee, Karisma Are The Women Of The Year

Rediff.com28 Sep 2026

The third annual Harper's Bazaar India Women of the Year Awards took place on September 26, 2026, at the Taj Lands End in Mumbai.

TVS Motor: Premium Two-Wheelers and Top Variants Drive Sales Growth

TVS Motor: Premium Two-Wheelers and Top Variants Drive Sales Growth

Rediff.com19 Sep 2026

Indian two-wheeler buyers are increasingly opting for feature-rich, higher-end variants and premium motorcycles, driven by technology, safety, and easier access to finance, according to TVS Motor Company. The company is also exploring alternative electric motor technologies to secure its supply chain amidst growing EV penetration.

'Stardom Used To Be Exclusive Club, Not Anymore'

'Stardom Used To Be Exclusive Club, Not Anymore'

Rediff.com30 Sep 2026

'Stardom is relative and script is the star. It is not one size fits all.'

Anup Saha appointed Kotak Mahindra Bank MD & CEO, effective 2027

Anup Saha appointed Kotak Mahindra Bank MD & CEO, effective 2027

Rediff.com2 Oct 2026

Anup Saha, currently a Wholetime Director at Kotak Mahindra Bank, has been appointed as the new Managing Director and Chief Executive Officer for a three-year term, effective January 1, 2027, with the Reserve Bank of India's approval.

Citron Targets 75% Sales From Smaller Cities In 5 Years

Citron Targets 75% Sales From Smaller Cities In 5 Years

Rediff.com28 Sep 2026

Citron, a brand under Stellantis, anticipates that three-fourths of its sales in India will originate from Tier-II, Tier-III, and smaller cities within the next five years, a significant increase from its current 55 per cent, as it expands its retail network beyond major urban centres.

'If Earnings Growth Returns, Capital Can Flow Back To India'

'If Earnings Growth Returns, Capital Can Flow Back To India'

Rediff.com25 Aug 2026

'India is vulnerable to the West Asia crisis in three ways: Energy costs, the business Indian companies conduct in the region, and remittances from the Indian diaspora.'

4 India-based companies face US sanctions over Iran trade

4 India-based companies face US sanctions over Iran trade

Rediff.com25 Aug 2026

The United States has sanctioned four India-based companies, including a customs broker and three other firms, for their involvement in importing petroleum and petrochemical products from Iran. This action is part of "Operation Economic Outcast," a broader US campaign to sever Iran's financial lifelines and prevent funding for its destabilising activities.

Asian Games Medal Haul Fuels Indian Wrestlers' Olympic Dreams

Asian Games Medal Haul Fuels Indian Wrestlers' Olympic Dreams

Rediff.com5 Oct 2026

Indian wrestlers secured a six-medal haul, including two golds, at the Asian Games in Nagoya, overcoming injuries and form slumps. Gold medallists Aman Sehrawat and Sujeet Kalkal, along with silver winners Nitesh Siwach and Antim Panghal, and bronze medallists Deepak Punia and Sunil Kumar, are now setting their sights on the 2028 Los Angeles Olympics, expressing determination to bring home more glory.

J-K assembly passes statehood resolution as BJP protests

J-K assembly passes statehood resolution as BJP protests

Rediff.com28 Sep 2026

The Jammu and Kashmir Legislative Assembly has passed a resolution demanding the urgent restoration of full statehood, a move that saw the opposition BJP stage a walkout. Chief Minister Omar Abdullah moved the resolution, which also referenced previous calls for greater autonomy and special status. The BJP vehemently opposed the resolution, calling it an insult to the Constitution.

Tata Trusts Propose Merger to Keep Tata Sons Unlisted, Shed NBFC Tag

Tata Trusts Propose Merger to Keep Tata Sons Unlisted, Shed NBFC Tag

Rediff.com28 Sep 2026

Tata Trusts, the majority shareholders of Tata Sons, have proposed merging two operating companies, Tata Electronics Systems Solutions Pvt Ltd (TESS) and Tata Consulting Engineers (TCE), with Tata Sons. This restructuring aims to shed Tata Sons' classification as a non-banking financial company (NBFC) and a core investment company (CIC), thereby allowing it to retain its status as an unlisted private company and resolve ongoing disputes regarding its future ownership.

How Nitesh Siwach wrestled his way to Asian Games silver

How Nitesh Siwach wrestled his way to Asian Games silver

Rediff.com1 Oct 2026

Nitesh Siwach, a 23-year-old Greco-Roman wrestler from Haryana, secured a silver medal at the Asian Games in Japan. His journey is remarkable, having worked as a milkman for two years after a knee operation before returning to wrestling. He hopes for Greco-Roman wrestling to be included in the Pro Wrestling League.

US to substantially hike fees for EB-5 investor visa

US to substantially hike fees for EB-5 investor visa

Rediff.com30 Sep 2026

The US Citizenship and Immigration Services (USCIS) has announced a significant increase in fees for the EB-5 Immigrant Investor Programme, effective November 30. This programme allows foreign investors, including many from India, to obtain permanent residency by investing in US commercial enterprises and creating jobs. The fee hikes, some more than doubling, are intended to fund USCIS operations, which are largely supported by fees rather than taxes.

Tax relief on insurance drives higher policy purchases, expands coverage

Tax relief on insurance drives higher policy purchases, expands coverage

Rediff.com22 Sep 2026

The removal of Goods and Services Tax (GST) on individual health and life insurance has led to a significant increase in new policy purchases and higher coverage levels, despite an initial surge moderating, according to industry experts.

AC, TV, & Appliance Prices to Increase by Up to 8% from October 1

AC, TV, & Appliance Prices to Increase by Up to 8% from October 1

Rediff.com27 Sep 2026

Leading appliance and consumer electronics manufacturers are set to increase prices of air conditioners, LED TVs, washing machines, and other products by 5 to 8 per cent from October 1, citing rising input costs for metals like copper and steel, crude derivatives, and currency exchange volatility due to the West Asia crisis.

BRICS represents 50% of world population, 40% of GDP: Ramaphosa

BRICS represents 50% of world population, 40% of GDP: Ramaphosa

Rediff.com12 Sep 2026

South African President Cyril Ramaphosa on Friday described BRICS as an important global forum, highlighting the grouping's growing demographic and economic weight and noting that its members account for around half of the world's population and 40 percent of global GDP.

PNB targets wealth management entry by 2027, ramps up credit card portfolio

PNB targets wealth management entry by 2027, ramps up credit card portfolio

Rediff.com11 Sep 2026

State-run Punjab National Bank (PNB) is strategically planning to enter the wealth management segment by early 2027 and significantly expand its credit card portfolio, aiming to tap into lucrative markets largely dominated by private-sector banks.

Ashok Gehlot Slams Centre Over New UPI Transaction Charges

Ashok Gehlot Slams Centre Over New UPI Transaction Charges

Rediff.com17 Sep 2026

Former Rajasthan chief minister Ashok Gehlot has criticised the Centre for introducing a 0.4% charge on UPI transactions above Rs 2,000, alleging the decision was influenced by pressure from the United States and its payment companies like Visa and Mastercard. He highlighted a perceived shift in the government's stance on Merchant Discount Rate (MDR) for UPI, claiming it would ultimately burden consumers and small businesses while benefiting American firms.

Longest Nifty Losing Streak Since Covid

Longest Nifty Losing Streak Since Covid

Rediff.com26 Sep 2026

'India is collateral damage. There is no way that foreign investors are going to bring money in India despite our yields also going up.'

India's Largest Listed Holding Company...

India's Largest Listed Holding Company...

Rediff.com17 Aug 2026

The market capitalisation of these 41 companies ranged from Rs 30 crore to around Rs 1.26 trillion, as on August 7.

Tata Sons listing looms after RBI rejects plea on NBFC status

Tata Sons listing looms after RBI rejects plea on NBFC status

Rediff.com12 Sep 2026

The Reserve Bank of India (RBI) has rejected Tata Sons' application to surrender its non-banking finance company (NBFC) licence, a decision that mandates a public markets listing for the conglomerate's holding company as it is classified as an upper-layer NBFC.

Maruti Suzuki Bets On Premium Hatchbacks With New Baleno

Maruti Suzuki Bets On Premium Hatchbacks With New Baleno

Rediff.com15 Sep 2026

Maruti Suzuki India is strategically investing in the premium hatchback segment, launching a refreshed Baleno with advanced driver assistance systems (ADAS) to capture a significant share of the evolving Indian passenger vehicle market, even as SUVs continue their dominance.

Why Tata Trusts Should Let Go Of Tata Sons

Why Tata Trusts Should Let Go Of Tata Sons

Rediff.com16 Sep 2026

A stake sale by Tata Trusts will help it to have a larger corpus that could be used to balance the unequal dividends that flow from Tata Sons on an ongoing basis.

'FY27 Should Be A Recovery Year For India'

'FY27 Should Be A Recovery Year For India'

Rediff.com19 Aug 2026

'A favourable base, last year's policy measures, the carryover impact of a good monsoon and improving earnings should all help.'

Why MP Fuel Pumps Will Stop Accepting High-Value UPI Payments

Why MP Fuel Pumps Will Stop Accepting High-Value UPI Payments

Rediff.com18 Sep 2026

Fuel pump dealers in Madhya Pradesh plan to stop accepting UPI payments exceeding Rs 2,000 for petrol and diesel from October 16, citing concerns over the proposed Merchant Discount Rate (MDR). The Confederation of All India Traders (CAIT) has urged the government to reconsider the MDR imposition, warning it could hinder digital payment adoption and impact traders' profits.

Sitharaman: GST Council to tackle process reforms, digital economy tax complexities

Sitharaman: GST Council to tackle process reforms, digital economy tax complexities

Rediff.com17 Sep 2026

Finance Minister Nirmala Sitharaman announced that the Goods and Services Tax (GST) Council's October 7 meeting will focus on 'GST 2.0' process reforms, including e-invoicing and input tax credit rules, while also addressing complex issues surrounding the taxation of the digital economy and cryptocurrency.

Who Derailed Tarique Rahman's India Visit?

Who Derailed Tarique Rahman's India Visit?

Rediff.com25 Aug 2026

Who is running the show in Dhaka? This kind of flip-flop, culminating in a last-minute decision to skip a maiden visit, can happen only when the remote is in the hands of one of the competing lobbies within the BNP -- one that appears determined to play a game of chess with India.

No BIS, no sale from 2027: Smartphone screen protectors face new rule

No BIS, no sale from 2027: Smartphone screen protectors face new rule

Rediff.com22 Sep 2026

The Indian government has made Bureau of Indian Standards (BIS) certification compulsory for smartphone screen protectors, effective April 1, 2027. This move aims to ensure product quality, curb low-quality imports, and significantly boost domestic manufacturing, creating a substantial industry and job opportunities.