News for 'Commerce and Industry'

High-level panel set up to tackle road woes in Maha's Chakan industrial belt

High-level panel set up to tackle road woes in Maha's Chakan industrial belt

Rediff.com2 days ago

The Maharashtra government has constituted a high-level committee to address road repairs, traffic congestion and management issues in the rapidly expanding Chakan industrial belt in Pune district, and set up a mechanism for time-bound redressal of industrial grievances.

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.

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.

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.

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.

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.

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.

Which Industries Will Give Bigger Salary Hikes?

Which Industries Will Give Bigger Salary Hikes?

Rediff.com10 Jun 2026

'While salary increments are moderating compared to last year, not all functions are moving at the same pace.'

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.com1 days ago

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.

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.com7 days ago

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.

Wholesale Price Inflation Eases to 9.78% in July, Driven by Fuel and Food Price Moderation

Wholesale Price Inflation Eases to 9.78% in July, Driven by Fuel and Food Price Moderation

Rediff.com4 days ago

India's wholesale price index (WPI) inflation marginally eased to 9.78 per cent in July 2026, down from 9.87 per cent in June, primarily due to a cooling in the prices of fuel, power, and food items, marking the first month-on-month drop under the new 2022-23 base year.

'Crisis In The Economy Started Last Year'

'Crisis In The Economy Started Last Year'

Rediff.com3 days ago

'It is not because of the war in West Asia, which began on February 28.' 'Petroleum product prices are already going through the roof. They are bound to have a serious inflationary impact.' 'A country's leadership is tested in trying times. It is here that the current leadership is failing.'

India-UK FTA: Alcobev Industry Welcomes Tariff Cuts, Domestic Makers Seek Level Playing Field

India-UK FTA: Alcobev Industry Welcomes Tariff Cuts, Domestic Makers Seek Level Playing Field

Rediff.com17 Jun 2026

Industry bodies representing alcoholic beverage manufacturers have welcomed the India-UK Free Trade Agreement (FTA), which will see tariffs on UK whisky and gin reduced, boosting bilateral trade and supporting premiumisation. However, domestic manufacturers are calling for state governments to withdraw concessions currently enjoyed by imported liquor brands.

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.

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.

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.

Railways to take reforms path to boost share in freight transport

Railways to take reforms path to boost share in freight transport

Rediff.com31 Jul 2026

"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.'

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.com5 Aug 2026

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.

Nanded: Sukhbir Badal injured in kirpan attack, probe ordered

Nanded: Sukhbir Badal injured in kirpan attack, probe ordered

Rediff.com4 days ago

Shiromani Akali Dal chief Sukhbir Singh Badal sustained a minor injury to his right hand after being attacked with a kirpan by a Nihang member inside a gurdwara in Nanded, Maharashtra. The assailant has been arrested, and SAD leaders are demanding a CBI probe into what they term an intelligence failure.

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.

US Commerce Secretary's Surprise Delhi Visit

US Commerce Secretary's Surprise Delhi Visit

Rediff.com27 Feb 2026

'Engaged in very fruitful discussions to expand our trade and economic partnership.'

How BikeWo And Kwik Flite Are Revolutionising India's Logistics

How BikeWo And Kwik Flite Are Revolutionising India's Logistics

Rediff.com13 Jul 2026

BikeWo Green Tech and Kwik Flite Support have signed an initial pact to develop an integrated air cargo, aviation logistics, and multimodal freight platform. This collaboration aims to combine road mobility with aviation capabilities to serve various industries, focusing on high-value and time-sensitive logistics across India, including Tier-II and Tier-III cities.

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.

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.

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.

India-EU FTA Legal Scrub to Conclude Soon, Pact Expected by December 31

India-EU FTA Legal Scrub to Conclude Soon, Pact Expected by December 31

Rediff.com3 Jul 2026

Commerce Minister Piyush Goyal announced that the legal scrubbing of the India-EU Free Trade Agreement (FTA) text is expected to be completed within 10-12 days, with the final deal anticipated to be signed by December 31.

'We Need To Stop Coaching Classes'

'We Need To Stop Coaching Classes'

Rediff.com27 Jul 2026

'We can integrate AI and tech into education, but that is just a means and not an end.' 'Ultimately, we need to control what happens in a classroom and we need to let teachers innovate their teaching style to suit the needs of Gen Z and beyond.'

Farmers on way to protest in Delhi stopped at Haryana border

Farmers on way to protest in Delhi stopped at Haryana border

Rediff.com21 Jul 2026

Indian farmers staged a significant protest at the Shambhu border against a proposed India-US trade deal, fearing its detrimental effects on the domestic agricultural sector and demanding its immediate abandonment. They later ended their agitation after assurances from the Haryana Agriculture Minister regarding the release of detained farmers and a meeting with the Union Agriculture Minister.

US slap 10% tariff on India over 'forced labour'

US slap 10% tariff on India over 'forced labour'

Rediff.com24 Jul 2026

The United States has implemented a 10 per cent tariff on goods imported from India and 16 other countries, citing efforts to combat forced labour in production.

Rajesh Exports probed over Rs 15.15 trillion financial misstatement

Rajesh Exports probed over Rs 15.15 trillion financial misstatement

Rediff.com8 Jul 2026

The National Financial Reporting Authority (NFRA) has commenced an investigation into Rajesh Exports concerning a 15.15 trillion financial misstatement, following a referral from market regulator Sebi.

'Why Should We Be Okay With 6.5% Growth Rate?'

'Why Should We Be Okay With 6.5% Growth Rate?'

Rediff.com2 Jul 2026

'Why not aspire for 8 or 9 or even 10 per cent?'

Ford India's new Coimbatore hub to drive data science, enhance global resilience

Ford India's new Coimbatore hub to drive data science, enhance global resilience

Rediff.com9 Jul 2026

Ford Business Solutions (FBS) India, the global capability centre for Ford Motor Company, has inaugurated a new office in Coimbatore, its third location in India. This expansion is a strategic move to strengthen the resilience of Ford's global operations, with nearly 50 per cent of its future growth in India expected to be in technology, data science, and data analytics.

India initiates anti-dumping investigations against three Chinese products

India initiates anti-dumping investigations against three Chinese products

Rediff.com25 Jun 2026

India has launched anti-dumping investigations into imports of thermal paper, Biaxially Oriented Polyamide (BOPA) Film, and certain antioxidants from China, following complaints from domestic manufacturers alleging material injury due to cheap imports.

India Rejects US 'Overcapacity' Claims in Steel, Textiles, Citing Low Per Capita Consumption

India Rejects US 'Overcapacity' Claims in Steel, Textiles, Citing Low Per Capita Consumption

Rediff.com11 Jun 2026

India has strongly refuted claims by the United States Trade Representative (USTR) regarding excess capacity in its steel and textile sectors, arguing that the nation's significantly low per capita consumption of these products contradicts such assertions, according to Amitabh Kumar, Additional Secretary in the Ministry of Commerce.

India, US 'Very Close' to Historic Trade Deal

India, US 'Very Close' to Historic Trade Deal

Rediff.com24 Jun 2026

The United States and India are on the verge of finalising a landmark bilateral trade deal, aiming to boost trade to USD 500 billion by 2030, according to US Deputy Assistant Secretary of State Bethany Poulos Morrison. The agreement seeks to open India's 1.4 billion-strong market to American goods on reciprocal terms, with ongoing high-level discussions to recalibrate the pact after recent changes in US tariff policy.

India's PCB exports to China a rare success story

India's PCB exports to China a rare success story

Rediff.com8 Jul 2026

India's exports of printed circuit boards (PCBs) to China dramatically increased over 40-fold to $1.5 billion in FY26, indicating a significant shift where China is increasingly importing simpler electronic assemblies from India as it focuses on higher-value manufacturing domestically.

Industrial credit growth may clock 9-13% in H1CY26

Industrial credit growth may clock 9-13% in H1CY26

Rediff.com20 Apr 2026

The Indian banking sector is projected to experience a steady 9-13 per cent industrial credit growth in the first half of 2026, driven by capital expenditure, infrastructure development, and sectoral demand recovery, according to a Ficci-IBA survey.

Wholesale Price Inflation Climbs to 9.87% in June, Driven by Food and Mineral Costs

Wholesale Price Inflation Climbs to 9.87% in June, Driven by Food and Mineral Costs

Rediff.com14 Jul 2026

India's wholesale price inflation (WPI) increased to 9.87 per cent in June, up from 9.68 per cent in May, primarily due to significant price increases in non-food and food products, with food inflation alone rising to 5.49 per cent.

FMCG Sector Sees Strong Demand, Improved Margins for FY27

FMCG Sector Sees Strong Demand, Improved Margins for FY27

Rediff.com5 Jul 2026

Leading Fast-Moving Consumer Goods (FMCG) companies in India are expressing strong optimism for the current fiscal year, anticipating robust consumption trends, significant growth, and improved profit margins. This positive outlook is largely driven by resilient demand and the expected easing of elevated input costs, despite ongoing inflationary pressures and potential weather volatility.

Why China's Bangladesh Push Should Worry India

Why China's Bangladesh Push Should Worry India

Rediff.com30 Jun 2026

Beijing clearly intends to extend the China-Myanmar Economic Corridor to Bangladesh as part of its larger Maritime Belt and Road Initiative to boost its Indian Ocean presence.