News for 'Commerce'

Zepto to launch Rs 11,000-crore IPO in July, prioritising dense urban markets

Zepto to launch Rs 11,000-crore IPO in July, prioritising dense urban markets

Rediff.com21 May 2026

Quick commerce platform Zepto is reportedly planning to launch its Rs 11,000-crore Initial Public Offering (IPO) in July, following SEBI approval. The company is pursuing a distinct growth strategy, focusing on market density and operational intensity in metro markets rather than rapid geographic expansion, a move that sets it apart from rivals like Zomato and Swiggy.

Pakistan PM: US-Iran peace deal 'on verge of finalisation' within 24 hours

Pakistan PM: US-Iran peace deal 'on verge of finalisation' within 24 hours

Rediff.com13 Jun 2026

Pakistan Prime Minister Shehbaz Sharif announced that a US-Iran peace deal is on the verge of finalisation, potentially within the next 24 hours, marking a significant diplomatic breakthrough after months of intense negotiations.

US Navy attacked 3 merchant ships, India lodges strong protest

US Navy attacked 3 merchant ships, India lodges strong protest

Rediff.com11 Jun 2026

India has strongly protested to the United States after three merchant ships with Indian crew members were attacked by the American military off the coast of Oman, resulting in the deaths of three Indian nationals.

Odisha Student Found Dead; Family Alleges Foul Play

Odisha Student Found Dead; Family Alleges Foul Play

Rediff.com21 May 2026

A 19-year-old college student was found dead in his house in Odisha's Bhadrak district, prompting a police investigation and allegations of murder from the family.

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.'

Amazon Unveils Proteus Robot For European Fulfilment Centres

Amazon Unveils Proteus Robot For European Fulfilment Centres

Rediff.com4 Jun 2026

Amazon has launched its next-generation Proteus robot in European fulfilment centres to assist employees with physically demanding tasks. This initiative is part of a broader 10 billion euro investment to modernise operations and create 25,000 new jobs, with Proteus using natural language commands for seamless human-robot collaboration.

Trump praises Modi, says India 'took advantage' of US policies

Trump praises Modi, says India 'took advantage' of US policies

Rediff.com5 Jun 2026

Responding to a question on the trade deal being negotiated between the two countries, Trump said India had taken advantage of US policies for years and charged tremendous tariffs.

Govt Eyes Steps To Contain CAD

Govt Eyes Steps To Contain CAD

Rediff.com22 May 2026

'The situation globally is quite challenging, but we have the confidence and courage of conviction that we will come out winners even in this challenging time.'

ITC's Cloud Kitchens Take Quick Commerce Route

ITC's Cloud Kitchens Take Quick Commerce Route

Rediff.com2 Feb 2026

Through its cloud kitchens, ITC is building a portfolio of shorter shelf-life offerings and selling them through quick commerce platforms.

India's Services PMI Hits 6-Month High in May Amid Robust Demand

India's Services PMI Hits 6-Month High in May Amid Robust Demand

Rediff.com3 Jun 2026

India's services sector experienced its strongest growth in six months in May, with the HSBC India Services PMI Business Activity Index rising to 59.8. This expansion was driven by healthy demand, new client acquisitions, and improved new business intakes, alongside a softer rise in cost burdens.

Argentina retailers hit by wave of fake World Cup merch

Argentina retailers hit by wave of fake World Cup merch

Rediff.com29 May 2026

World Cup fever in Argentina, home of the defending champions, has boosted sales of counterfeit jerseys and soccer trading cards, sparking protests from retailers who are already under pressure from President Javier Milei's market-opening policies.

Iran War Offers India Key Lessons

Iran War Offers India Key Lessons

Rediff.com9 Jun 2026

A lesson for India is to clearly define objectives beforehand, so that the adversary or other parties do not attempt to mitigate them midway.

As FIFA World Cup nears, homeless in US host city feel the heat

As FIFA World Cup nears, homeless in US host city feel the heat

Rediff.com5 Jun 2026

When Atlanta hosted the 1996 Olympics, police were accused of arresting homeless people by the thousands. The crackdown resulted in a welter of lawsuits and news stories that caused long-term damage to the city's reputation. Now the Georgia state capital is looking to show the world that it has moved on, as it hosts World Cup games this summer.

India-US ties momentum intact, will emerge stronger in future: Rubio

India-US ties momentum intact, will emerge stronger in future: Rubio

Rediff.com24 May 2026

US Secretary of State Marco Rubio says relations between India and the US have not lost momentum and are set to strengthen, with hopes for a trade deal soon.

4 Finance Careers That Really Pay Well

4 Finance Careers That Really Pay Well

Rediff.com28 May 2026

In the latest Rediff series exploring non-traditional careers, Sandeep Goel, professor and dean-research at MDI, Gurgaon lists a range of high-growth finance careers beyond CA, CS, and MBA degrees.

PepsiCo India to invest Rs 5,700 crore by 2030 to boost production

PepsiCo India to invest Rs 5,700 crore by 2030 to boost production

Rediff.com20 May 2026

PepsiCo India plans a significant investment of Rs 5,700 crore by 2030 to enhance its production capabilities, focusing on its concentrate plant in Madhya Pradesh, a unit in Assam, and land acquisition in Tamil Nadu to expand its snack business footprint in South India.

Kashmir airport to shut for runway repairs, tourism sector fears hit

Kashmir airport to shut for runway repairs, tourism sector fears hit

Rediff.com2 Jun 2026

Srinagar International Airport will suspend all flight operations for 15 days from October 1 for crucial runway maintenance, raising alarm bells within the tourism industry that fears the shutdown will deal a massive blow to the sector as it directly clashes with the peak Durga Puja holiday season.

Walmart's India Sourcing Crosses $40 Billion Mark, Bolstering Export Push

Walmart's India Sourcing Crosses $40 Billion Mark, Bolstering Export Push

Rediff.com8 May 2026

Retail giant Walmart has announced that India has become one of its fastest-growing sourcing hubs globally, with the company having procured over $40 billion worth of goods from the country. This initiative aims to expand supplier capabilities, improve compliance standards, and help Indian manufacturers scale exports worldwide.

Higher input costs, price hikes may play spoilsport for HUL

Higher input costs, price hikes may play spoilsport for HUL

Rediff.com12 May 2026

Hindustan Unilever (HUL) exceeded consensus estimates in Q4FY26, driven by lower overheads and 6 per cent consolidated volume growth. However, the company anticipates further price hikes to counter an expected 8-10 per cent material cost inflation, while maintaining a mid-term margin guidance of 22.5-23.5 per cent.

Punjab Government Reallocates Portfolios After Minister's Arrest

Punjab Government Reallocates Portfolios After Minister's Arrest

Rediff.com11 May 2026

The Punjab government has redistributed portfolios held by arrested minister Sanjeev Arora among other cabinet members, including Aman Arora, Harjot Singh Bains, and Tarunpreet Singh Sond.

The Bihar I Have Begun To Believe In

The Bihar I Have Begun To Believe In

Rediff.com3 Jun 2026

Bihar's greatest resource is not beneath its soil but above it -- its people. With a population approaching 140 million and one of India's youngest demographic profiles, Bihar possesses an asset many societies would envy, explains Bihar Governor Lieutenant General Syed Ata Hasnain (retd).

Eye on China: Quad ramps up Indo-Pacific surveillance

Eye on China: Quad ramps up Indo-Pacific surveillance

Rediff.com27 May 2026

The Quad grouping has expanded cooperation in critical minerals and energy, while unveiling new measures to boost maritime surveillance and port infrastructure across the Indo-Pacific. This move comes against the backdrop of China's growing military posturing in the region, with ministers reiterating strong opposition to destabilising actions and expressing serious concerns over militarisation of disputed features.

India's Economic Growth Credible, Digital Infra Accelerating: Tata Consumer Products Chairman

India's Economic Growth Credible, Digital Infra Accelerating: Tata Consumer Products Chairman

Rediff.com19 May 2026

N Chandrasekaran, chairman of Tata Consumer Products (TCPL), stated that India continues to experience credible economic growth, driven by strong demographic fundamentals and accelerating digital public infrastructure, despite a fragmented global landscape.

'We will keep the consumer at the centre, use technology to optimise, and continue investing behind brands to drive volume-led penetration'

'We will keep the consumer at the centre, use technology to optimise, and continue investing behind brands to drive volume-led penetration'

Rediff.com11 May 2026

"Our strategy has always been to focus on volume-led penetration growth," said Manish Tiwary, chairman and managing director, Nestle India.

Man Held For Credit Card Fraud In Delhi

Man Held For Credit Card Fraud In Delhi

Rediff.com11 May 2026

Delhi Police have arrested a man from Bihar for allegedly committing credit card fraud of Rs 3.99 lakh. The accused used stolen credentials to make purchases through the victim's e-commerce account.

Indian ship attacked near Oman coast, crew rescued

Indian ship attacked near Oman coast, crew rescued

Rediff.com14 May 2026

An Indian-flagged commercial vessel was attacked off the coast of Oman, but all crew members are safe, according to the Ministry of External Affairs.

NPCI Bhim Aims To Double Market Share

NPCI Bhim Aims To Double Market Share

Rediff.com20 May 2026

NPCI BHIM Services Ltd is expanding the BHIM app to feature phones to increase financial inclusion and diversify revenue through financial product distribution. The app aims to double its market share and is focusing on partnerships with banks and new features like UPI Circle.

Udaan Operations Disrupted By Fraudulent SMS Scam: All You Need To Know

Udaan Operations Disrupted By Fraudulent SMS Scam: All You Need To Know

Rediff.com6 May 2026

An FIR has been registered against unknown individuals for allegedly sending fraudulent messages in the name of e-commerce platform Udaan, promising cash rewards and disrupting its operations.

India Post To Modernise Logistics Infrastructure

India Post To Modernise Logistics Infrastructure

Rediff.com7 May 2026

The government is planning a postal logistics infrastructure upgrade for India Post to modernise parcel facilities, aligning them with those in developed nations, according to Communications Minister Jyotiraditya Scindia.

Rupee crashes to record low of 95.81/USD on crude oil, inflation worries

Rupee crashes to record low of 95.81/USD on crude oil, inflation worries

Rediff.com15 May 2026

The Indian rupee plummeted to a new all-time closing low of 95.81 against the US dollar, driven by surging crude oil prices, persistent inflation concerns, and a strengthening dollar index.

India's Exports Hit 5-Month High in April, But Trade Deficit Expands

India's Exports Hit 5-Month High in April, But Trade Deficit Expands

Rediff.com15 May 2026

India's exports recorded a 13.78 per cent increase to USD 43.56 billion in April, marking the highest monthly outbound shipments in over four years, primarily driven by petroleum products. However, the trade deficit widened to a three-month high of USD 28.38 billion due to a 10 per cent rise in imports.

Inside B-Town's Glam World: Tanya Ghavri Spills Some Styling Secrets

Inside B-Town's Glam World: Tanya Ghavri Spills Some Styling Secrets

Rediff.com29 May 2026

"Clothes speak volumes before you do," says celebrity stylist Tanya Ghavri, who believes elegance matters more than virality.

Pune College Suspends Lecturer Arrested In NEET Paper Leak Case

Pune College Suspends Lecturer Arrested In NEET Paper Leak Case

Rediff.com18 May 2026

A botany lecturer from Pune's Modern College of Arts, Science and Commerce has been suspended following her arrest by the CBI in connection with the NEET-2026 paper leak case.

India-US Trade Rift Deepens Over Section 301 Hearings

India-US Trade Rift Deepens Over Section 301 Hearings

Rediff.com22 May 2026

American industry groups sought punitive tariffs on Indian goods at USTR hearings, while Indian officials defended the country's manufacturing growth as demand-led and WTO-compliant.

US Team Likely to Visit India in June for Crucial Trade Discussions

US Team Likely to Visit India in June for Crucial Trade Discussions

Rediff.com21 May 2026

Commerce and Industry Minister Piyush Goyal announced that a US team is expected to visit India next month for trade talks, following an earlier Indian delegation's visit to Washington, DC, in April to finalise an interim pact and advance negotiations for a broader bilateral trade agreement.

Man Stabbed In Delhi After Resisting Harassment Of Wife

Man Stabbed In Delhi After Resisting Harassment Of Wife

Rediff.com15 May 2026

A man was stabbed in Delhi's Old Seelampur area after he resisted an attempt by four people to harass his wife. Police have apprehended one man and two juveniles in connection with the incident, while another juvenile is absconding.

RIL stock may take a hit after muted Q4 show

RIL stock may take a hit after muted Q4 show

Rediff.com4 May 2026

Reliance Industries Limited (RIL) faced a challenging fourth quarter, with its energy business experiencing significant headwinds, leading to overall muted results and prompting analysts to adjust their outlook, even as consumer segments like Jio and retail demonstrated robust growth.

NEET paper leak: College promises action against arrested lecturer

NEET paper leak: College promises action against arrested lecturer

Rediff.com16 May 2026

A Pune-based college has announced disciplinary action against a biology lecturer arrested by the CBI for her alleged involvement in the NEET-UG 2026 paper leak case. The lecturer, part of the NTA's paper-setting committee, is accused of leaking questions to students for a fee.

India, New Zealand sign FTA to boost trade, investment

India, New Zealand sign FTA to boost trade, investment

Rediff.com27 Apr 2026

India and New Zealand have signed a comprehensive Free Trade Agreement (FTA) aimed at significantly boosting bilateral commerce and investments, providing duty-free access for 100 per cent of India's exports to New Zealand and securing duty-free inputs for India's manufacturing sector.

India rules ICE bike exports, but China dominates E2Ws

India rules ICE bike exports, but China dominates E2Ws

Rediff.com19 May 2026

But when it comes to e2W, China is the dominant player and had grabbed over 76 per cent share of total e2W imports in 2025 with brands like Yadea, NIU and Sunra dominating the market.