News for 'Commerce'

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

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

Rediff.com3 days ago

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.com6 days ago

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.

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.

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

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

Rediff.com5 days ago

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.

Shiprocket's Rs 1,617.5-cr IPO subscribed 99.38 times on final day

Shiprocket's Rs 1,617.5-cr IPO subscribed 99.38 times on final day

Rediff.com14 Aug 2026

The initial public offering (IPO) of e-commerce enablement platform Shiprocket Ltd was subscribed an impressive 99.38 times on its final day of bidding, attracting bids for over 9.38 billion shares against 94.43 million on offer.

Shiprocket stock jumps 35% on market debut, valued at over Rs 9,900 crore

Shiprocket stock jumps 35% on market debut, valued at over Rs 9,900 crore

Rediff.com19 Aug 2026

E-commerce enablement platform Shiprocket Ltd saw its shares list with a 35 per cent premium on its market debut, trading at Rs 129.50 on the BSE and Rs 131 on the NSE against an issue price of Rs 97, achieving a market valuation of Rs 9,901.60 crore.

Tata Group Faces Massive Funding Challenge

Tata Group Faces Massive Funding Challenge

Rediff.com4 days ago

Tata Sons has the balance sheet to support them, for now.

'Cockroaches, larvae': Maha FDA cracks down on Blinkit, Reliance Retail

'Cockroaches, larvae': Maha FDA cracks down on Blinkit, Reliance Retail

Rediff.com11 Aug 2026

The Maharashtra FDA has taken action against Blink Commerce, suspending its food licence due to severe hygiene issues including cockroach infestation. Separately, Reliance Retail is under investigation after a complaint of live larvae in a sweet product, highlighting increased enforcement of food safety standards across the state.

Why Penguin India did not publish Sonia Gandhi's memoir

Why Penguin India did not publish Sonia Gandhi's memoir

Rediff.com1 days ago

Penguin Random House India has clarified that it is not the publisher of Sonia Gandhi's memoir, "Belonging: A Journey of Love," in India. This statement follows reports suggesting the publisher backed out due to Gandhi's refusal of editorial changes. The company maintains it was willing to publish but has a prerogative to fact-check authors. The book's India distribution remains uncertain, though an e-book version is available for pre-order from another publisher.

NEET, UGC-NET fallout: NTA axes 50 staffers, begins leadership overhaul

NEET, UGC-NET fallout: NTA axes 50 staffers, begins leadership overhaul

Rediff.com17 Aug 2026

The National Testing Agency (NTA) is undergoing significant reforms, including the removal of over 50 staff members and the onboarding of new leadership and domain specialists. This comes after recent issues like errors in UGC-NET papers, leading to re-tests, and the cancellation of NEET-UG 2026. The Education Ministry has directed a complete overhaul of exam protocols and a thorough audit of all processes to ensure integrity.

India Faces 100% US Tariff Risk Over Russian Oil

India Faces 100% US Tariff Risk Over Russian Oil

Rediff.com14 Aug 2026

The US senate last week passed a bill that would allow Washington to impose tariffs on major buyers of Russian energy.

India sees Rs 4,896 crore FDI in 29 projects after easing China stake norms

India sees Rs 4,896 crore FDI in 29 projects after easing China stake norms

Rediff.com22 Aug 2026

India has attracted foreign direct investment (FDI) worth approximately 4,896 crore across 29 projects since May, following the government's relaxation of norms under Press Note 2 of 2026. The revised rules permit investment without government approval from entities with up to 10 per cent non-controlling ownership by land-bordering countries.

NTA stumbles again: UGC-NET retest ordered after massive errors in 3 papers

NTA stumbles again: UGC-NET retest ordered after massive errors in 3 papers

Rediff.com16 Aug 2026

The National Testing Agency (NTA) on Sunday announced the retest for three papers of the UGC-NET June 2026 examination -- English, Commerce and Sociology -- following complaints about several errors in these papers.

Govt forms quick response teams to combat fake news on social media

Govt forms quick response teams to combat fake news on social media

Rediff.com16 Aug 2026

Government departments are establishing Quick Response Teams (QRTs) to promptly address and counter misleading or fake content circulating on social media. These teams will monitor digital platforms, verify information, and coordinate with fact-checking units to ensure timely and accurate responses to misinformation, with some ministries already having formed their QRTs.

Super.money Unveils SplitStore For Gen Z Buyers

Super.money Unveils SplitStore For Gen Z Buyers

Rediff.com6 Aug 2026

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.

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.

NTA to review internal processes after UGC-NET exam errors

NTA to review internal processes after UGC-NET exam errors

Rediff.com17 Aug 2026

The National Testing Agency (NTA) is reviewing its internal processes and protocols following lapses in three papers of the UGC-NET June 2026 examination, leading to re-tests for English, Commerce, and Sociology. The agency stated it proactively identified issues and is taking corrective measures to ensure fair and error-free examinations, amidst strong criticism from opposition leaders.

India's Trade Deficit Widens to $31.98 Billion in July Amid Import Surge

India's Trade Deficit Widens to $31.98 Billion in July Amid Import Surge

Rediff.com14 Aug 2026

India's trade deficit reached a six-month high of $31.98 billion in July, driven by a sharp increase in imports, particularly crude oil, electronic goods, coal, and fertilisers. Both merchandise exports and imports recorded their second-highest levels during the same period.

Sebi to widen AI surveillance net to detect financial misstatements

Sebi to widen AI surveillance net to detect financial misstatements

Rediff.com4 days ago

The Securities and Exchange Board of India (Sebi) is set to expand its artificial intelligence (AI)-based surveillance beyond trading data to include corporate filings, aiming to proactively flag financial misstatements and manipulation in quarterly results without relying solely on investor complaints.

The Taj's Hidden Story Is India's Wealth

The Taj's Hidden Story Is India's Wealth

Rediff.com4 days ago

In many ways, 17th century India occupied a position in the global economy comparable to that of the United States today. Just as millions of people now look towards America because of its economic opportunities, merchants, adventurers and trading companies once looked towards India.

Why AI Agents Can't Go Fully Autonomous Yet

Why AI Agents Can't Go Fully Autonomous Yet

Rediff.com3 Aug 2026

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.

No more military strikes on Iran, Rubio informs US allies

No more military strikes on Iran, Rubio informs US allies

Rediff.com4 days ago

The US has informed allies it will avoid new military strikes on Iran, instead focusing on economic sanctions and maritime enforcement, particularly in the Strait of Hormuz. This strategic shift aims to intensify pressure on Tehran's economy and oil exports while keeping the military option open if Iran initiates aggression. Diplomatic efforts continue amidst persistent regional tensions and maritime incidents.

Why Kerala's GI Handlooms Struggle Despite Recognition

Why Kerala's GI Handlooms Struggle Despite Recognition

Rediff.com7 days ago

An independent study reveals that while Geographical Indication (GI) registration has boosted the identity of Kerala's traditional handloom products, it has not uniformly translated into economic benefits across weaving clusters. Challenges include an ageing artisan population, competition from powerloom products, rising raw material costs, and inadequate marketing.

India's Exports Jump 19.6% in July, Trade Deficit Widens to $31.98 Billion

India's Exports Jump 19.6% in July, Trade Deficit Widens to $31.98 Billion

Rediff.com13 Aug 2026

India's merchandise exports increased by 19.63 per cent to USD 44.24 billion in July, primarily driven by petroleum products, while a significant rise in imports pushed the trade deficit to a six-month high of USD 31.98 billion.

Student bodies protest UGC-NET re-exam, demand inquiry into NTA's failures

Student bodies protest UGC-NET re-exam, demand inquiry into NTA's failures

Rediff.com17 Aug 2026

Student organisations across India are protesting the National Testing Agency's (NTA) decision to re-conduct the UGC-NET examinations for three subjects, citing repeated lapses that jeopardise students' academic and career plans. They are demanding the NTA be scrapped or held accountable for its failures.

US Appeals Court Affirms $2 Billion Devas Award Against ISRO's Antrix

US Appeals Court Affirms $2 Billion Devas Award Against ISRO's Antrix

Rediff.com17 Aug 2026

A US appeals court has upheld a $562.5 million arbitral award, which has grown to over $2 billion with interest, in favour of Devas Multimedia against Antrix Corporation, the commercial arm of ISRO, ruling that US courts have jurisdiction despite Antrix being government-owned.

Shiprocket to use IPO funds for AI push, eyes broader merchant operating system

Shiprocket to use IPO funds for AI push, eyes broader merchant operating system

Rediff.com11 Aug 2026

Shiprocket plans to allocate a significant portion of its IPO proceeds towards artificial intelligence (AI), aiming to evolve its e-commerce enablement platform into a comprehensive operating system for merchants, enabling conversational commands and reducing manual tasks.

Cockroaches, gutka packet: FSSAI slaps notices on Delhi's JW Marriott, Andaz

Cockroaches, gutka packet: FSSAI slaps notices on Delhi's JW Marriott, Andaz

Rediff.com2 days ago

India's food safety regulator, FSSAI, has issued notices to five-star hotels JW Marriott and Andaz Delhi following inspections that revealed serious hygiene and food-safety violations, including cockroach infestations, expired food, poor sanitation, and improper food storage.

Blinkit, Zepto, Instamart face Maha FDA heat as 14 licences suspended

Blinkit, Zepto, Instamart face Maha FDA heat as 14 licences suspended

Rediff.com15 Aug 2026

The Maharashtra Food and Drug Administration (FDA) has suspended the licences of 14 food business establishments linked to online platforms such as Blinkit, Zepto and Instamart after a state-wide inspection drive found safety and hygiene violations, officials said on Friday.

Parliamentary Panel Pushes for Swift India-US Bilateral Trade Agreement

Parliamentary Panel Pushes for Swift India-US Bilateral Trade Agreement

Rediff.com7 Aug 2026

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.com5 Aug 2026

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.

'The Core Issue Was Chandrasekaran's Tenure'

'The Core Issue Was Chandrasekaran's Tenure'

Rediff.com13 Aug 2026

'Chandrasekaran wanted a five-year extension, but the Tata Group has a policy of 65 years as the retirement age for its executive chairman.'

India removes hurdle for rupee export payments, eyes wider international use

India removes hurdle for rupee export payments, eyes wider international use

Rediff.com21 Aug 2026

India has removed a key regulatory hurdle, allowing exporters to receive payments in Indian currency while retaining incentives under the country's foreign trade policy, a move aimed at promoting wider use of the rupee in international trade.

Why Have Flipkart, Netflix Tied Up?

Why Have Flipkart, Netflix Tied Up?

Rediff.com1 Aug 2026

'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.'

NTA Faces Major Exam Process Overhaul

NTA Faces Major Exam Process Overhaul

Rediff.com18 Aug 2026

The overhaul comes after a series of controversies surrounding the conduct of examinations administered by NTA, which has faced questions over examination security and its handling of irregularities.

Mundhe urges people not to buy loose edible oil

Mundhe urges people not to buy loose edible oil

Rediff.com20 Aug 2026

Maharashtra Food and Drug Administration Commissioner Tukaram Mundhe has urged consumers to avoid buying loose or unsealed edible oil due to safety concerns, announcing a compliance order for the entire edible oil sector after detecting widespread violations, including adulteration and improper packaging.