News for 'commerce'

Meghalaya 'Bans' Quick Commerce

Meghalaya 'Bans' Quick Commerce

Rediff.com3 Jul 2026

At the heart of the decision is concern over the survival of Meghalaya's neighbourhood retailers.

AI And E-Commerce To Drive India's Consumer Economy To $1.9 Trillion By 2030

AI And E-Commerce To Drive India's Consumer Economy To $1.9 Trillion By 2030

Rediff.com3 days ago

A joint report by Deloitte India and FICCI projects India's consumer economy to reach USD 1.9 trillion by 2030. This growth will be fuelled by rapid AI adoption, evolving consumer preferences, and new commerce models like e-commerce and quick commerce. India leads in AI adoption among top countries, with businesses leveraging it for engagement, innovation, and forecasting. The report also highlights the emergence of a new Indian consumer seeking convenience and transparency, and identifies key trends shaping FMCG, retail, and e-commerce sectors.

Govt allows FDI in inventory-based e-commerce model only for export purposes

Govt allows FDI in inventory-based e-commerce model only for export purposes

Rediff.com23 Jul 2026

The Indian government has permitted Foreign Direct Investment (FDI) in an inventory-based e-commerce model exclusively for the export of domestically manufactured or produced goods, aiming to boost outbound shipments without affecting small local retailers.

Digital Commerce: Why Indians Lose Rs 28,000 Crore

Digital Commerce: Why Indians Lose Rs 28,000 Crore

Rediff.com10 Jun 2026

Dark patterns are no longer just a consumer protection concern, but a broader macroeconomic challenge affecting the long-term sustainability of India's digital commerce ecosystem.

Super.money Unveils SplitStore For Gen Z Buyers

Super.money Unveils SplitStore For Gen Z Buyers

Rediff.com1 days ago

Flipkart-backed Scapic Innovations, operating as super.money, has launched splitStore, a credit-linked e-commerce platform targeting Gen Z. It allows customers to split payments into interest-free installments, with the goal of contributing 20% to total revenue by December and transforming how India shops by providing instant access to products for new-to-credit users.

Why AI Agents Can't Go Fully Autonomous Yet

Why AI Agents Can't Go Fully Autonomous Yet

Rediff.com4 days ago

The biggest challenge to widespread deployment is no longer AI. It is the financial and commerce infrastructure that was built decades ago for deterministic software and human interactions -- not autonomous AI agents.

Parliamentary Panel Pushes for Swift India-US Bilateral Trade Agreement

Parliamentary Panel Pushes for Swift India-US Bilateral Trade Agreement

Rediff.com1 days ago

A Parliamentary Standing Committee on Commerce has urged the Indian government to swiftly conclude the proposed India-US Bilateral Trade Agreement (BTA), while ensuring India's interests are protected, recommending complete exemption for key export products like generic medicines and smartphones from future US tariff increases.

India-flagged ship sinks after attack in Red Sea, 13 Indian sailors rescued

India-flagged ship sinks after attack in Red Sea, 13 Indian sailors rescued

Rediff.com3 days ago

An Indian-flagged merchant vessel, MSV Faize Noore Oliya, with 13 Indian nationals aboard, was attacked off the coast of Yemen in the Red Sea. All 13 Indian crew members have been successfully rescued, and India has condemned the attack, calling for an end to targeting commercial shipping in the region.

Pine Labs Boosts E-Commerce With Shopflo Acquisition

Pine Labs Boosts E-Commerce With Shopflo Acquisition

Rediff.com25 Apr 2026

Fintech company Pine Labs has acquired Shopflo, an online checkout optimisation platform, for Rs 88 crore in an all-cash deal aimed at providing a unified commerce platform for merchants.

Why Have Flipkart, Netflix Tied Up?

Why Have Flipkart, Netflix Tied Up?

Rediff.com7 days ago

'GenZ today is close to 45 to 50 per cent of the overall shopping journeys in the country. They are also very content-first in terms of entertainment or otherwise, general gratification of content and discovery.'

Digital Marketplace To Empower Jharkhand's Rural Women

Digital Marketplace To Empower Jharkhand's Rural Women

Rediff.com7 days ago

Jharkhand has partnered with CSC eStore to create a digital marketplace for products made by women's self-help groups (SHGs). This initiative aims to expand market access, boost income for rural women, and strengthen the rural economy through e-commerce and digital governance. The state also plans to extend Aadhaar services to all panchayats by November 15.

Nandita Sinha takes over as Instamart CEO after Amitesh Kumar Jha's exit

Nandita Sinha takes over as Instamart CEO after Amitesh Kumar Jha's exit

Rediff.com28 Jul 2026

Amitesh Kumar Jha, CEO of Swiggy's quick commerce platform Instamart, has resigned to pursue other opportunities, with Nandita Sinha, formerly CEO of Myntra, appointed as his successor effective August 3, 2026.

Swiggy's Q1 Net Loss Shrinks 34% Amidst Strong Revenue Growth

Swiggy's Q1 Net Loss Shrinks 34% Amidst Strong Revenue Growth

Rediff.com7 days ago

Food and grocery delivery giant Swiggy has reported a significant narrowing of its net loss in the first quarter, down 34 per cent year-on-year to approximately 791 crore, while revenue from operations surged by 37 per cent to 6,812 crore. The company also achieved contribution margin break-even in its quick commerce segment, Instamart.

India Will Become A Leader In Applied AI: Nilekani

India Will Become A Leader In Applied AI: Nilekani

Rediff.com1 days ago

'Applying AI to change the lives of Indians and at population scale -- just like we did with DPI [digital public infrastructure] -- is really where it's going to go.'

Indian killed in attack on vessel in Russian waters

Indian killed in attack on vessel in Russian waters

Rediff.com24 Jul 2026

An Indian national was tragically killed in an attack on the commercial vessel MV OMORFI on July 18 while it was reportedly transiting Russian territorial waters in the Black Sea, the Ministry of External Affairs (MEA) confirmed, condemning the incident and calling for upholding international obligations for maritime safety.

Strong Q1 for Eternal, market share gains likely for Blinkit

Strong Q1 for Eternal, market share gains likely for Blinkit

Rediff.com31 Jul 2026

Eternal's quick commerce platform, Blinkit, significantly outperformed in Q1 FY27, with net order value (NOV) rising 19.1 per cent quarter-on-quarter, indicating strong market share gains driven by increased monthly transacting users and transaction frequency.

Nandan Nilekani: Why Small Businesses Will Drive India's Job Growth

Nandan Nilekani: Why Small Businesses Will Drive India's Job Growth

Rediff.com1 days ago

Infosys co-founder Nandan Nilekani predicts that large corporations in India will lose jobs due to automation and AI, while millions of small businesses will drive future employment growth. He advocates for deregulation, simplified business interfaces, and digital platforms to support small entrepreneurs and a gig economy workforce.

Why Failure Matters More Than Success

Why Failure Matters More Than Success

Rediff.com29 Jul 2026

The Internet only wants to sell you the winning part. The masterclass, the framework, the seven habits. Nobody sells you the story of losing.

Customer ordered iPhone, received beard oil; sellers fined Rs 1.8 lakh

Customer ordered iPhone, received beard oil; sellers fined Rs 1.8 lakh

Rediff.com25 Jul 2026

A Mumbai consumer court has directed Flipkart and its seller to refund over Rs 1.11 lakh to a customer who received beard growth oil instead of an Apple iPhone, and to pay an additional Rs 70,000 in compensation and litigation costs, citing "unfair trade practice" and "deficiency in service."

FSSAI bans Dabur from selling honey, ghee with '100%' claims

FSSAI bans Dabur from selling honey, ghee with '100%' claims

Rediff.com4 days ago

India's food regulator, FSSAI, has prohibited Dabur India from selling products like honey, cow ghee, and edible oils with '100 per cent' claims, deeming such labelling misleading and against regulations.

Quick Commerce Hits Saturation in Metros, Profitability Challenged

Quick Commerce Hits Saturation in Metros, Profitability Challenged

Rediff.com11 Apr 2026

India's quick-commerce (qcom) industry is facing significant profitability challenges in metro markets due to saturation and intense competition, with the number of dark stores already exceeding profitable capacity, according to a Bernstein report.

Jio Platforms' IPO key driver for RIL stock

Jio Platforms' IPO key driver for RIL stock

Rediff.com27 Jul 2026

Reliance Industries (RIL) delivered a better-than-expected operational performance in Q1FY27, driven by a recovery in its oil-to-chemicals (O2C) business and robust gains in the telecom (Jio) segment, though its retail arm missed estimates. Analysts highlight the upcoming Jio Platforms IPO and execution in new energy and consumer businesses as key triggers for the stock's future growth.

Handwoven heritage takes centre stage at President Murmu's I-Day reception

Handwoven heritage takes centre stage at President Murmu's I-Day reception

Rediff.com3 days ago

Guests at President Droupadi Murmu's Independence Day 'At Home' reception will be welcomed with handwoven Maheshwari stoles, celebrating the vibrant art traditions of Chhattisgarh, Goa, Madhya Pradesh, and Maharashtra, alongside an invitation package highlighting sustainable environmental practices.

Trump signs new executive orders on birthright citizenship despite SC setback

Trump signs new executive orders on birthright citizenship despite SC setback

Rediff.com1 days ago

US President Donald Trump has signed two executive orders aimed at cracking down on 'birth tourism' and limiting eligibility for birthright citizenship, weeks after the Supreme Court rejected a similar directive.

Indian E-Commerce Market Poised for Massive Growth by 2030

Indian E-Commerce Market Poised for Massive Growth by 2030

Rediff.com7 Apr 2026

A new report by Google and Deloitte projects India's e-commerce market will nearly triple to USD 250 billion by 2030, driven by Gen Z shoppers, quick commerce expansion, and AI.

How PhonePe's PulsePro Will Transform Business Decision-Making

How PhonePe's PulsePro Will Transform Business Decision-Making

Rediff.com30 Jul 2026

Digital payments firm PhonePe has launched PulsePro, an enterprise intelligence platform providing businesses with aggregated and anonymised transaction data. This platform offers near real-time market insights at granular levels, helping companies track consumer spending, identify growth opportunities, and make informed expansion decisions across India.

What's Holding Up India-US Trade Deal?

What's Holding Up India-US Trade Deal?

Rediff.com14 Jul 2026

India is waiting for assurance from the US on comparative advantage over other economies under the deal.

Railways to take reforms path to boost share in freight transport

Railways to take reforms path to boost share in freight transport

Rediff.com7 days ago

"Indian Railways is now the world's second-largest cargo carrier by volume, up from fourth, even as its share of the country's total freight movement remains well below potential.'

Restaurants, Multiplexes Eye World Cup Final Windfall

Restaurants, Multiplexes Eye World Cup Final Windfall

Rediff.com18 Jul 2026

Businesses across sectors are positioning themselves to capitalise on the expected surge in demand.

Tata Consumer's new businesses drive strong Q1, poised for sustained double-digit growth

Tata Consumer's new businesses drive strong Q1, poised for sustained double-digit growth

Rediff.com4 days ago

Tata Consumer Products reported healthy revenue growth in Q1 FY27, driven by its India branded business and accelerating momentum in newer segments, which are now expected to sustain double-digit sales growth and improve profitability.

Rajasthan HC flags unchecked construction on Udaipur hills

Rajasthan HC flags unchecked construction on Udaipur hills

Rediff.com7 days ago

The Rajasthan High Court has expressed serious concern over rampant construction on Udaipur's ecologically sensitive hills, questioning the state's hill policies and demanding records of commercial project permissions. The court's observations stem from a petition challenging a hotel project and an interim report highlighting extensive hill cutting and inadequate policy formulation, potentially leading to a suo motu Public Interest Litigation.

Will Trump Impose 100 Per Cent Tariffs On India?

Will Trump Impose 100 Per Cent Tariffs On India?

Rediff.com31 Jul 2026

It is plain to see that the US senate bill's real objective is to derail India's time-tested strategic partnership with Russia, points out Ambassador M K Bhadrakumar.

Modi reviews global conflict impact on India's energy, supply chains

Modi reviews global conflict impact on India's energy, supply chains

Rediff.com30 Jul 2026

Prime Minister Narendra Modi on Thursday discussed with a group of senior ministers the prevailing global security situation and how to maintain supply chain uninterrupted despite conflicts in different zones, including the Strait of Hormuz, the Black Sea, the Red Sea, and the Gulf of Aden.

Trump's New Tariffs Face Legal Heat

Trump's New Tariffs Face Legal Heat

Rediff.com31 Jul 2026

'Tariff action relating to the excess-capacity investigation will be even more susceptible to judicial overturn.'

India backs 14 nations' reminder to China over South China Sea claims

India backs 14 nations' reminder to China over South China Sea claims

Rediff.com14 Jul 2026

India has reiterated its support for freedom of navigation and unimpeded commerce in the South China Sea, backing a 2016 international arbitral tribunal ruling that rejected China's extensive territorial claims. This stance aligns with a recent joint statement by the US, UK, and other nations, emphasising peaceful resolution of maritime disputes under UNCLOS.

Four Indians among 10 killed in Russian attack on ship off Ukraine coast

Four Indians among 10 killed in Russian attack on ship off Ukraine coast

Rediff.com21 Jul 2026

Four Indian nationals have been killed in an attack on the vessel MV Golden Leo during departure from the port of Odesa in Ukraine on Sunday evening, while one is critically injured.

Delhi Police Nab Suspect in Shalimar Bagh E-Commerce Store Robbery

Delhi Police Nab Suspect in Shalimar Bagh E-Commerce Store Robbery

Rediff.com15 Apr 2026

A 24-year-old man has been arrested for allegedly robbing an e-commerce company's store in Shalimar Bagh, Delhi. Police recovered part of the stolen cash and identified the accused as a habitual offender.

Govt debunks fake AI videos Union min, blames Pak handles

Govt debunks fake AI videos Union min, blames Pak handles

Rediff.com25 Jul 2026

Union Minister Piyush Goyal has filed a police complaint after an AI-generated deepfake video, maliciously altering his remarks, surfaced on social media. The video falsely depicted him making threatening statements against students protesting the NEET examination. Government sources confirm many related links have been taken down, and Goyal has warned of strict legal action against those involved in its creation and dissemination.

Eternal's Q1 net profit nearly quadruples to Rs 92 crore, driven by Zomato and Blinkit's strong performance

Eternal's Q1 net profit nearly quadruples to Rs 92 crore, driven by Zomato and Blinkit's strong performance

Rediff.com23 Jul 2026

Eternal, the parent company of Zomato and Blinkit, reported a nearly fourfold increase in net profit to 92 crore for Q1FY27, primarily due to operational gains and the strong performance of its quick commerce business, Blinkit.

RIL beats estimates with record quarterly EBITDA; YoY profit falls

RIL beats estimates with record quarterly EBITDA; YoY profit falls

Rediff.com17 Jul 2026

Reliance Industries Ltd reported a 22 per cent year-on-year decline in consolidated net profit for the June quarter, primarily because the previous year's earnings were inflated by a one-time gain from the sale of its stake in Asian Paints.