News for 'Commerce'

Govt Amends E-commerce Rules to Boost Transparency, Curb Manipulation

Govt Amends E-commerce Rules to Boost Transparency, Curb Manipulation

Rediff.com10 Sep 2026

The Indian government has amended its e-commerce rules to enhance price transparency, prevent manipulation of search results, mandate clear disclosure of sponsored listings, and combat 'dark patterns' to protect consumers.

Blinkit extends lead in quick commerce, outperforming rivals beyond major cities

Blinkit extends lead in quick commerce, outperforming rivals beyond major cities

Rediff.com27 Aug 2026

A new CLSA report indicates that Eternal's Blinkit is significantly widening its lead in India's quick-commerce sector, particularly beyond major metropolitan areas, by expanding its dark store network and securing a first-mover advantage in over 180 cities.

Startups Bet Big on Quick Commerce

Startups Bet Big on Quick Commerce

Rediff.com13 Aug 2026

For these startups, qcom is emerging as a launch and discovery platform, not simply a fulfilment channel.

Fashion Quick Commerce Gets Festive Boost

Fashion Quick Commerce Gets Festive Boost

Rediff.com24 Aug 2026

Qcom platforms are prioritising convenience, selection, AI-driven inventory planning and loyalty rewards over deep discounting.

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.com4 Aug 2026

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.

Amazon Now hits $1 billion annualised gross sales in India, eyes 100 cities by Diwali

Amazon Now hits $1 billion annualised gross sales in India, eyes 100 cities by Diwali

Rediff.com5 days ago

Amazon's ultra-fast delivery service, Amazon Now, has achieved $1 billion in annualised gross sales in India over the last three months, marking it as the fastest-growing e-commerce business in Amazon India's history, with orders doubling every quarter.

MT El Gaia attack: India reiterates safe navigation in international waters

MT El Gaia attack: India reiterates safe navigation in international waters

Rediff.com5 days ago

India on Tuesday reiterated the call for free and safe navigation in international waters and the unhindered flow of commerce through international waterways in the region after the Panama-flagged commercial vessel MT El Gaia came under attack off the coast of Oman, with 13 of the 14 Indian nationals on board rescued while search operations are underway for one missing seafarer.

India Must Diversify Services Exports For Sustainable Growth

India Must Diversify Services Exports For Sustainable Growth

Rediff.com9 Sep 2026

Commerce Secretary Rajesh Agarwal highlighted the critical need for India to diversify its services exports beyond the dominant IT/ITeS and professional services sectors. Speaking at the Global Fintech Fest 2026, he emphasised the vast potential in the global financial services market, where India currently holds a small share, and stressed how fintech solutions, like UPI, can drive growth, reduce remittance costs, and support MSME trade finance, ultimately leading to sustainable economic expansion.

Task Force Formed To Revive Formula 1 In India By 2028

Task Force Formed To Revive Formula 1 In India By 2028

Rediff.com5 days ago

Sports Minister Mansukh Mandaviya has announced the formation of a 10-member Task Force, chaired by Yugal Kishore Joshi, to explore the revival of Formula 1 in India. The committee will assess challenges, identify policy interventions, and develop a roadmap to potentially host a race by 2028, addressing issues that led to its discontinuation after 2013.

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.

Government Forms Task Force To Explore Formula 1 Revival In India By 2028

Government Forms Task Force To Explore Formula 1 Revival In India By 2028

Rediff.com5 days ago

India's Sports Minister Mansukh Mandaviya has announced the formation of a 10-member Task Force, chaired by Niti Aayog's Yugal Kishore Joshi, to assess the feasibility and challenges of reviving Formula 1 in the country. The committee aims to develop a roadmap for India to host a Grand Prix by 2028, focusing on sustainable growth, policy interventions, and addressing past issues like taxation. The Adani group, owners of the Buddh International Circuit, will also be involved.

India's exports jump over 26% in August; trade gap shrinks to five-month low

India's exports jump over 26% in August; trade gap shrinks to five-month low

Rediff.com4 days ago

India's exports saw a significant increase of 26.12 per cent to USD 43.81 billion in August, leading to a narrowed trade deficit of USD 26.86 billion, driven by strong demand from key global markets and diverse sectors.

Bipasha Basu flags worms in food packet, tags Tukaram Mundhe

Bipasha Basu flags worms in food packet, tags Tukaram Mundhe

Rediff.com10 Sep 2026

Actress Bipasha Basu has raised concerns over food safety and the quality of packaged food after claiming that she found several tiny worms inside a newly opened food container, prompting her to seek intervention from Maharashtra FDA Commissioner Tukaram Mundhe.

Rural CV retail sales growth outpaces urban, driven by diversified economy and GST impact

Rural CV retail sales growth outpaces urban, driven by diversified economy and GST impact

Rediff.com7 Sep 2026

Rural commercial vehicle (CV) registrations have consistently outpaced urban sales from April to July 2026, driven by a significant diversification of the rural economy and the positive impact of GST-led consumption, according to experts and data from Fada.

New UPI MDR Fee Could Push Small Retailers Back To Cash, Warns RAI

New UPI MDR Fee Could Push Small Retailers Back To Cash, Warns RAI

Rediff.com4 days ago

The Retailers Association of India (RAI) has voiced concerns that the government's new 0.4 per cent Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000 could reverse the progress of digital payment adoption among small retailers. This fee, effective October 15, places the burden on merchants operating on thin margins, potentially pushing them back to cash transactions and undermining the government's formalisation agenda, especially ahead of the festive season.

Mumbai's Olympia Coffee House, where Christopher Nolan stopped for chai, loses licence

Mumbai's Olympia Coffee House, where Christopher Nolan stopped for chai, loses licence

Rediff.com2 days ago

The Maharashtra Food and Drug Administration (FDA) has suspended the licences of several food establishments in Mumbai, including the Nair Hospital canteen and Olympia Coffee House, due to serious violations of food safety and hygiene standards. Inspections revealed issues like unsanitary conditions, improper food handling, pest infestations, and lack of trained staff. The FDA also cancelled licences of other businesses and seized unhygienic milk products as part of a festive season campaign.

Trai Targets Spam Calls From Apps

Trai Targets Spam Calls From Apps

Rediff.com1 days ago

Trai has brought app-based spam calls under tighter regulations through new A2P call rules.

Why Jharkhand Businesses Are Concerned About New UPI MDR Charges

Why Jharkhand Businesses Are Concerned About New UPI MDR Charges

Rediff.com2 days ago

A trade body in Jharkhand, FJCCI, has urged the Union Finance Minister to withdraw the proposed 0.4% Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000 for merchants. The body argues that this charge will significantly increase operating costs for businesses, especially MSMEs and retailers, who rely on the current zero-MDR regime for digital payments.

'OG' to 'flex': Modi uses GenZ lingo in SRCC address

'OG' to 'flex': Modi uses GenZ lingo in SRCC address

Rediff.com6 Sep 2026

Prime Minister Narendra Modi employed Gen Z-friendly phrases like "OG" and referenced the film 'Dhurandhar' during his address at Delhi University's Shri Ram College of Commerce. This move, 13 years after a previous impactful speech at the same venue, is part of a broader strategy by the BJP to connect with younger audiences, contrasting India's past challenges with its current global standing.

Wholesale Inflation Hits 9.92% in August, Driven by Food, Fuel, Manufactured Goods

Wholesale Inflation Hits 9.92% in August, Driven by Food, Fuel, Manufactured Goods

Rediff.com6 days ago

India's wholesale price-based inflation (WPI) increased to 9.92 per cent in August, up from 9.78 per cent in July, primarily due to rising prices across food, manufactured items, and fuel and power sectors.

FSSAI sues Nestle India over 3 baby food products

FSSAI sues Nestle India over 3 baby food products

Rediff.com2 days ago

The Food Safety and Standards Authority of India (FSSAI) has initiated legal action against Nestle India Ltd for alleged non-compliance with food safety norms concerning three infant nutrition products. The regulator flagged promotional claims for NAN Excella Pro Stage 1 and Lactogen Pro 1, and found a follow-up formula sub-standard for Biotin content, leading to three separate adjudication cases.

US tariff blitz on Russian oil: How will China strike back?

US tariff blitz on Russian oil: How will China strike back?

Rediff.com3 days ago

China has strongly rejected a US bill that would impose tariffs on countries, including India, for purchasing Russian oil and gas. Beijing views the "Lindsey O Graham Sanctioning Russia and Iran Act 2026" as an act of "long-arm jurisdiction" and interference in its sovereign trade relations, asserting that its economic cooperation with other nations is based on equality and mutual benefit.

1 Indian seafarer missing, 13 rescued as tanker hit near Oman; MEA condemns attack

1 Indian seafarer missing, 13 rescued as tanker hit near Oman; MEA condemns attack

Rediff.com7 days ago

India has condemned an attack on a Panama-flagged oil tanker off the coast of Oman, which resulted in one Indian seafarer going missing and 13 others being rescued. The Ministry of External Affairs is closely monitoring the situation and coordinating with Omani authorities for search and rescue operations, while also reiterating calls for de-escalation and safe navigation in the region.

RBI Deputy Governor: UPI MDR won't trigger shift back to cash

RBI Deputy Governor: UPI MDR won't trigger shift back to cash

Rediff.com1 days ago

RBI Deputy Governor S C Murmu stated that the introduction of merchant discount rate (MDR) on UPI transactions is unlikely to cause a shift back to cash, despite some concerns, emphasising that MDR will help the payments ecosystem recover costs.

AI Salaries Jump 22% In 2 Years

AI Salaries Jump 22% In 2 Years

Rediff.com3 Sep 2026

'Companies are getting selective about what they pay a premium for.'

India condemns Houthi attacks on Saudi Arabia, urges regional stability

India condemns Houthi attacks on Saudi Arabia, urges regional stability

Rediff.com5 days ago

India has expressed serious concern over Houthi attacks on Saudi Arabia's civilian infrastructure and economic assets, stating that such actions threaten regional stability and freedom of navigation through the Bab-el-Mandeb strait. External Affairs Minister S Jaishankar discussed the issue with his Saudi counterpart. India also condemned the targeting of commercial shipping after an Indian national went missing following an attack on a Panama-flagged ship off Oman.

DUSU polls: 40.46% turnout recorded; ABVP, NSUI battle for key posts

DUSU polls: 40.46% turnout recorded; ABVP, NSUI battle for key posts

Rediff.com1 days ago

The first phase of the Delhi University Students' Union (DUSU) polls recorded a 36% voter turnout, with a keen contest between ABVP, NSUI, and the AISA-SFI alliance. Student concerns like accountability, affordable accommodation, and accessible administration were prominent, influenced by past protests. The election also saw allegations between student groups and extensive security arrangements.

Why Have Major Trade Unions Been Excluded From Minimum Wage Panel?

Why Have Major Trade Unions Been Excluded From Minimum Wage Panel?

Rediff.com6 days ago

'Major unions should be included. If this goes on, decision-making will become heavily one-sided and we will be forced to continue our strikes.'

10 CV Tips To Get Hired

10 CV Tips To Get Hired

Rediff.com2 days ago

Weak verbs and poor language can make even impressive achievements seem ordinary, points out Nayagam PP, a career coach and founder of EduJob360.

Modi-Pezeshkian meet: India calls for dialogue in West Asia, safe navigation

Modi-Pezeshkian meet: India calls for dialogue in West Asia, safe navigation

Rediff.com11 Sep 2026

Prime Minister Narendra Modi hosted Iranian President Masoud Pezeshkian in New Delhi for talks focusing on the West Asia situation, bilateral relations, and BRICS cooperation. The meeting, Pezeshkian's first visit to India as president, comes amidst heightened tensions in West Asia due to new US sanctions on Iran and concerns over global oil supplies from the Strait of Hormuz. Both leaders emphasised regional stability and economic resilience.

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.

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

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

Rediff.com3 days ago

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.

NIIF, PB Fintech, And DGFT Announce Major Strategic Moves

NIIF, PB Fintech, And DGFT Announce Major Strategic Moves

Rediff.com7 Sep 2026

National Investment and Infrastructure Fund Limited (NIIF) has appointed Gauravjit Singh as managing partner to lead its global capital formation efforts. Simultaneously, PB Fintech's payment aggregator platform, PB Pay, has gone live, offering consolidated payment acceptance for merchants. In a move to enhance trade efficiency, the Directorate General of Foreign Trade (DGFT) has introduced open API integration for Certificate of Origin, allowing exporters to streamline their application processes.

Netas Join '80s Trend. Like It?

Netas Join '80s Trend. Like It?

Rediff.com10 Sep 2026

Netas are embracing the viral '80s social media trend, sharing AI-generated images and real throwback photos.

India's payment system interoperability push finds no mention in BRICS declaration

India's payment system interoperability push finds no mention in BRICS declaration

Rediff.com6 days ago

India's proposal to link BRICS payment systems, including central-bank digital currencies (CBDCs), was notably absent from the grouping's New Delhi Declaration, despite being a key agenda item for India's chairmanship. This omission leaves the 16-year effort for trade in local currencies without a settled payment architecture, with the declaration only 'acknowledging' the work of the BRICS Payment Task Force.

Iran, UAE agree to 'put past behind' after talks at BRICS

Iran, UAE agree to 'put past behind' after talks at BRICS

Rediff.com7 days ago

Iranian President Masoud Pezeshkian concluded his visit to India for the 18th BRICS Summit, announcing that Iran and the UAE agreed to move past previous tensions. This diplomatic breakthrough occurred during talks with Abu Dhabi's Crown Prince on the summit sidelines. Pezeshkian also met with PM Modi to discuss bilateral ties and West Asia developments, with Modi emphasising dialogue for regional peace. The BRICS summit adopted the New Delhi Declaration 2026, calling for global governance reforms and de-escalation in West Asia.

Why Is Colombo Still Biased Against Jaffna?

Why Is Colombo Still Biased Against Jaffna?

Rediff.com3 days ago

'The way the government behaves, sometimes I ask myself: Are not Tamils Sri Lankans too? Why do you discriminate so much?'

Karnataka halts Amazon, Swiggy, Bigbasket food licences over 'dhatura' sales

Karnataka halts Amazon, Swiggy, Bigbasket food licences over 'dhatura' sales

Rediff.com25 Aug 2026

The Karnataka government has suspended the food licences of Amazon, Swiggy Instamart, and Bigbasket due to the online sale of toxic Dhatura fruits/seeds. Citing public health and food safety concerns, authorities have also ordered the suspension of licences for suppliers to these platforms and mandated the removal of all Dhatura-related listings.