News for 'Commerce and Industry'

UAE to store 30 mn barrels of crude in India's petroleum reserve: Misri

UAE to store 30 mn barrels of crude in India's petroleum reserve: Misri

Rediff.com16 May 2026

Foreign secretary Vikram Misri on Friday shared key details on agreements between India and the UAE, stating that the UAE will store up to 30 million barrels of crude oil in India's strategic petroleum reserve following Prime Minister Narendra Modi's visit.

Inflation, weak rupee drag Indian markets lower; fuel price hike adds to concerns

Inflation, weak rupee drag Indian markets lower; fuel price hike adds to concerns

Rediff.com15 May 2026

Indian benchmark equity indices, Sensex and Nifty, closed lower due to investor caution over rising bond yields, a weaker rupee, and fresh fuel price hikes, which have revived inflation concerns.

AI Engineering Or CSE: Which Is Better As A Career?

AI Engineering Or CSE: Which Is Better As A Career?

Rediff.com20 May 2026

rediffGURU Pankaj Vyavahare, career counsellor and life coach at the Bhagirath Counselling Centre, counsels students on how to make informed career choices.

Indian Investments in US Rise, Create American Jobs: Official

Indian Investments in US Rise, Create American Jobs: Official

Rediff.com5 May 2026

Indian foreign direct investment (FDI) in the United States has reached approximately USD 16.4 billion, supporting around 70,800 jobs and contributing significantly to research and development, according to US Deputy Undersecretary Brandon Remington.

Core industries growth flat in October

Core industries growth flat in October

Rediff.com20 Nov 2025

Growth of eight key infrastructure sectors remained flat in October as expansion in output of petroleum refinery products, fertiliser and steel was offset by a contraction in coal and electricity production, according to official data released on Thursday.

Govt issues updated SOP for processing FDI applications

Govt issues updated SOP for processing FDI applications

Rediff.com5 May 2026

The Indian government has issued an updated Standard Operating Procedure (SOP) for processing Foreign Direct Investment (FDI) applications, aiming to clear all proposals within 12 weeks, a two-week extension from the previous 10-week target, to ensure a fully paperless and transparent process.

Budget wishlist: Industry seeks easier tax rules, dispute fixes

Budget wishlist: Industry seeks easier tax rules, dispute fixes

Rediff.com3 Nov 2025

With the Union Budget three months away, major industry chambers have submitted to the government proposals on common taxes, seeking simpler compliance and a quicker resolution of tax disputes.

How SIS Plans To Achieve Rs 20,000 Crore Revenue Target

How SIS Plans To Achieve Rs 20,000 Crore Revenue Target

Rediff.com3 May 2026

SIS Ltd, a security and facility management services provider, aims to cross Rs 20,000 crore in revenue by FY27, driven by strong double-digit growth, expansion of its service network, and a simplified regulatory framework under new labour codes, said its Group Managing Director Rituraj Sinha.

Enforcement Directorate Investigates Punjab Minister Arora for Forex Violations

Enforcement Directorate Investigates Punjab Minister Arora for Forex Violations

Rediff.com17 Apr 2026

The Enforcement Directorate conducted searches at premises linked to Punjab industries minister Sanjeev Arora as part of a FEMA probe into alleged foreign exchange violations, insider trading, and round-tripping of funds.

Ready-to-eat foods fill qcom baskets amid LPG curbs

Ready-to-eat foods fill qcom baskets amid LPG curbs

Rediff.com6 Apr 2026

Quick commerce platforms are experiencing a significant increase in demand for ready-to-eat food items as urban households face disruptions in cooking gas supply and a temporary outflow of migrant domestic help.

IRCTC Bets Big on Payments Play

IRCTC Bets Big on Payments Play

Rediff.com23 Apr 2026

IRCTC is expanding its payments arm, IRCTC Payments, to handle transactions across its ticketing platform and tap government clients, aiming to scale its annual payment processing to approximately 1 trillion.

FMCG growth slows in Q3 as GST transition impacts pricing

FMCG growth slows in Q3 as GST transition impacts pricing

Rediff.com6 Mar 2026

A NielsenIQ report indicates that the FMCG industry's sales growth moderated to 7.8% in the December quarter of 2025, with volume growth also dipping due to GST rationalisation and a high base from the previous year's festival season.

Kanpur Police Bust Cyber Fraud Syndicate, Arrest Eight

Kanpur Police Bust Cyber Fraud Syndicate, Arrest Eight

Rediff.com30 Apr 2026

Kanpur Police have dismantled a sophisticated cyber fraud syndicate, arresting eight individuals, including five bank officials, for facilitating mule accounts and hawala transactions worth Rs 125 crore.

India-US trade talks end, both sides agree to remain engaged

India-US trade talks end, both sides agree to remain engaged

Rediff.com24 Apr 2026

India and the US have reported positive progress in recent trade talks in Washington, agreeing to maintain engagement to finalise a bilateral trade agreement, which now requires recalibration following new US tariffs.

How Tim Cook transformed Apple's India strategy into a global manufacturing success

How Tim Cook transformed Apple's India strategy into a global manufacturing success

Rediff.com29 Apr 2026

Apple CEO Tim Cook's strategic pivot, from initial rejections to local partnerships and leveraging government policies like PLI, transformed India into a major iPhone manufacturing and export hub, now accounting for one in every four iPhones assembled globally.

Amid MP exits, Bhagwant Mann secures easy trust vote win in empty House

Amid MP exits, Bhagwant Mann secures easy trust vote win in empty House

Rediff.com1 May 2026

The AAP government in Punjab successfully moved a Confidence Motion in the state assembly, following the defection of seven Rajya Sabha MPs to the BJP. Chief Minister Bhagwant Mann asserted the party's strength and national presence during the special session.

How AI Skills Can Give Indian Employees An Edge

How AI Skills Can Give Indian Employees An Edge

Rediff.com26 Apr 2026

Employees with artificial intelligence skills are likely to see better salary increments in the coming years, especially in technology, GCCs, and BFSI sectors, according to TeamLease Edtech.

Why AI Skills Are Crucial For Salary Hikes In India

Why AI Skills Are Crucial For Salary Hikes In India

Rediff.com26 Apr 2026

Employees with artificial intelligence skills are likely to see better salary increments in the coming years, especially in technology, GCCs, and BFSI sectors, according to TeamLease Edtech.

Iran denies US claim on mine-clearing ops in Strait of Hormuz

Iran denies US claim on mine-clearing ops in Strait of Hormuz

Rediff.com12 Apr 2026

The US Central Command (CENTCOM) announced the start of operations to clear mines in the Strait of Hormuz, a claim swiftly denied by Iran, leading to increased tensions in the region amidst stalled negotiations between the two countries.

Now, India's gems & jewellery sector on par with China, Thailand

Now, India's gems & jewellery sector on par with China, Thailand

Rediff.com4 Feb 2026

Exporters of gems and jewellery have said the free-trade agreement (FTA) has brought relief to their sector because this opens up the world's second-largest market and brings them on a par with China and Thailand, which face zero tariffs on shipments to Europe.

Government Introduces Bill to Decriminalise Minor Offences

Government Introduces Bill to Decriminalise Minor Offences

Rediff.com27 Mar 2026

The Indian government has introduced the Jan Vishwas (Amendment of Provisions) Bill, 2026, in the Lok Sabha to decriminalise and rationalise minor offences, aiming to promote ease of doing business and living.

Bill Introduced to Promote Ease of Business and Living

Bill Introduced to Promote Ease of Business and Living

Rediff.com27 Mar 2026

The government has introduced a bill in the Lok Sabha to amend provisions for decriminalising minor offences, aiming to promote ease of doing business and living.

India Investigates Subsidised Paperboard Imports from China and Indonesia

India Investigates Subsidised Paperboard Imports from China and Indonesia

Rediff.com26 Mar 2026

India has initiated a probe into imports of subsidised paperboard from China and Indonesia following complaints from domestic manufacturers. The investigation will assess the impact of these imports on the Indian paper industry and determine if anti-subsidy duties are warranted.

India Investigates Subsidised Paperboard Imports from China and Indonesia

India Investigates Subsidised Paperboard Imports from China and Indonesia

Rediff.com26 Mar 2026

India has initiated a probe into imports of subsidised paperboard from China and Indonesia following complaints from domestic manufacturers. The investigation will assess the impact of these imports on the Indian paper industry and determine if anti-subsidy duties are warranted.

Piyush Goyal rejects reports on India holding off US trade deal

Piyush Goyal rejects reports on India holding off US trade deal

Rediff.com14 Mar 2026

Piyush Goyal on Friday rejected reports suggesting that India is planning to hold off trade deal with the United States for several months.

How Quick Commerce Is Reshaping Festive Gifting

How Quick Commerce Is Reshaping Festive Gifting

Rediff.com22 Oct 2025

India's gifting market is seeing its biggest festive season yet, with sales through quick commerce platforms like Zepto, Blinkit and Instamart jumping 40%-50% year-on-year.

Karnataka Budget 2026-27 Praised for Balanced Approach to Economic Growth

Karnataka Budget 2026-27 Praised for Balanced Approach to Economic Growth

Rediff.com7 Mar 2026

The Bangalore Chamber of Industry and Commerce (BCIC) has welcomed the Karnataka Budget 2026-27, highlighting its focus on economic growth, support for MSMEs, and infrastructure development. Industry leaders have expressed optimism about the budget's potential to boost manufacturing, create jobs, and drive innovation in the state.

'Biggest Single Danger Is If Remittances Come Down'

'Biggest Single Danger Is If Remittances Come Down'

Rediff.com13 May 2026

'At the first sign of real trouble, that money will move. There will be a run.'

India's economy to grow above 7% in FY27 despite global slowdown risks: Assocham

India's economy to grow above 7% in FY27 despite global slowdown risks: Assocham

Rediff.com27 Mar 2026

India's economy is projected to maintain growth above 7 per cent in 2026-27 (FY27), supported by strong domestic consumption and investment, even as global growth faces risks from geopolitical tensions, according to industry body Assocham.

India, US chief negotiators to begin three-day trade pact talks in Washington from Apr 20

India, US chief negotiators to begin three-day trade pact talks in Washington from Apr 20

Rediff.com19 Apr 2026

Chief negotiators from India and the US are set to begin three-day talks in Washington to recalibrate the bilateral trade agreement (BTA) framework, following significant changes in the US tariff landscape, including a new 10 per cent tariff imposed on all countries.

Modi reviews fuel, power, fertiliser supply amid West Asia tensions

Modi reviews fuel, power, fertiliser supply amid West Asia tensions

Rediff.com22 Mar 2026

Prime Minister Narendra Modi convened a meeting with senior ministers to assess the impact of the evolving situation in West Asia on India's crude oil, gas, petroleum, power, and fertiliser sectors, focusing on ensuring uninterrupted supply and stable logistics.

Fuel curbs brew concern over Darjeeling first flush

Fuel curbs brew concern over Darjeeling first flush

Rediff.com18 Mar 2026

Tea planters in Darjeeling have raised that a shortage of commercial LPG, triggered by the ongoing conflict in West Asia, could hit tea processing during the first flush, the delicate early-season harvest that commands the highest premiums and often sets the tone for the year.

Ficci manufacturing index at all-time high in Q3

Ficci manufacturing index at all-time high in Q3

Rediff.com21 Jan 2026

The quarterly manufacturing index by the industry body Federation of Indian Chambers of Commerce & Industry (Ficci) rose to an all-time high in the third quarter of financial year 2025-26 (Q3FY26), with 91 per cent of respondents reporting either higher or same production levels, against 87 per cent in the previous quarter.

Omar Abdullah Emphasises Transparency in J&K Recruitment Drive

Omar Abdullah Emphasises Transparency in J&K Recruitment Drive

Rediff.com31 Mar 2026

Jammu and Kashmir Chief Minister Omar Abdullah has affirmed his government's commitment to a transparent recruitment process, aiming to fill 25,000 vacancies this year while avoiding legal complications.

Iran War Burns India's Exporters: Stranded at Sea, Billed For A War They Never Started

Iran War Burns India's Exporters: Stranded at Sea, Billed For A War They Never Started

Rediff.com20 Mar 2026

'Every day the meter is ticking. Like a time bomb.' Shipping giants are billing Indian exporters up to $3,000 per container in war surcharges -- on cargo that sailed before the war began -- as the Strait of Hormuz shuts down.

India-China border trade via Lipulekh Pass to resume after 6 yrs

India-China border trade via Lipulekh Pass to resume after 6 yrs

Rediff.com20 Mar 2026

Border trade between India and China through the Lipulekh Pass in Uttarakhand's Pithoragarh district is set to resume this year after a six-year hiatus due to the COVID-19 pandemic.

Auto retail sales record best Feb ever; jump 26%

Auto retail sales record best Feb ever; jump 26%

Rediff.com6 Mar 2026

Domestic automobile retail sales in India experienced a significant surge of 26 per cent year-on-year in February, driven by improved affordability and market confidence across various segments, according to FADA.

Indian Exports See Marginal Decline in February Amid Geopolitical Tensions

Indian Exports See Marginal Decline in February Amid Geopolitical Tensions

Rediff.com16 Mar 2026

India's merchandise exports experienced a slight decrease in February, while imports surged due to increased gold and silver purchases, leading to a widened trade deficit. The West Asia crisis is expected to further impact trade in the coming months.

Jharkhand HC Takes Up Hazaribag Case; BJP Protests

Jharkhand HC Takes Up Hazaribag Case; BJP Protests

Rediff.com30 Mar 2026

The Jharkhand High Court has taken suo motu cognisance of the alleged rape and murder of a 12-year-old girl in Hazaribag, prompting protests and a special investigation team.

RIL's telecom, retail and new biz could mitigate impact of West Asia crisis

RIL's telecom, retail and new biz could mitigate impact of West Asia crisis

Rediff.com13 Mar 2026

The Iran conflict led to a sharp correction in Reliance Industries Ltd's (RIL's) share price, which has been partially reversed by a rebound.