News for 'Commerce'

Kareena's Kolhapuris Join The Conversation

Kareena's Kolhapuris Join The Conversation

Rediff.com7 Jul 2025

The inclusion of the Kolhapuri chappal in Prada's new show -- without proper collaboration or acknowledgement --not only undermines the artisans' cultural heritage but also monetises a centuriesold craft without benefiting its rightful custodians.

India, UK trade deal will unlock thousands of jobs

India, UK trade deal will unlock thousands of jobs

Rediff.com24 Jul 2025

India and the UK on Thursday inked a landmark free trade agreement (FTA) that will cut tariffs on British whisky, cars and an array of items, besides boosting bilateral trade by around $34 billion annually.

Modi will bow to Trump's trade deal deadline: Rahul Gandhi

Modi will bow to Trump's trade deal deadline: Rahul Gandhi

Rediff.com5 Jul 2025

Congress leader Rahul Gandhi criticizes Prime Minister Narendra Modi over the Indo-US trade deal, following Commerce Minister Piyush Goyal's statement on not entering agreements under deadlines. Gandhi predicts Modi will yield to Trump's tariff deadline.

India, UK to sign free trade agreement on Thursday in London

India, UK to sign free trade agreement on Thursday in London

Rediff.com23 Jul 2025

India and the UK will sign a free trade agreement on Thursday in London that will allow export of labour-intensive products such as leather, footwear and clothing at concessional rates, while making imports of whisky and cars from Britain cheaper. The pact also helps double trade between the two economies to $120 billion by 2030.

India to take all steps to protect national interest: Goyal on US tariff

India to take all steps to protect national interest: Goyal on US tariff

Rediff.com31 Jul 2025

India will take all necessary steps to safeguard and promote national interest, Commerce and Industry Minister Piyush Goyal said on Thursday, a day after US President Donald Trump announced 25 per cent tariffs plus penalty on domestic exports to America from August 1.

Prada Steps Into Kolhapur

Prada Steps Into Kolhapur

Rediff.com19 Jul 2025

The team toured four clusters in and around Kolhapur where Kolhapuri chappals are made.

Ola, Paytm crash up to 50% in H1 2025; are new-age stocks worth buying now?

Ola, Paytm crash up to 50% in H1 2025; are new-age stocks worth buying now?

Rediff.com9 Jul 2025

New-age stocks to buy: Most new-age stocks have turned out to be wealth destroyers in stock markets, so far, in calendar year 2025. Shares of Ola Electric Mobility, for instance, have plunged nearly 50 per cent in the first half of CY 2025, while those of Swiggy, PB Fintech, Paytm, and Eternal (Zomato) have crashed between 6 per cent and 25 per cent, ACE Equity data shows.

Tesla to enter India next week with first centre at Mumbai's BKC

Tesla to enter India next week with first centre at Mumbai's BKC

Rediff.com11 Jul 2025

Tesla is set to officially enter the Indian market with the launch of its first experience center in Mumbai. The move follows leasing of warehousing space and discussions with the Indian government regarding tariffs and manufacturing.

India's exports to US up 16.9%, imports dip 5.76% in May

India's exports to US up 16.9%, imports dip 5.76% in May

Rediff.com16 Jun 2025

India's merchandise exports to the US rose by 16.93 per cent to $8.83 billion in May, while imports dipped by 5.76 per cent to $3.62 billion during the month, according to the commerce ministry data. During April-May, the country's exports to the US increased by 21.78 per cent to $17.25 billion, while imports rose by 25.8 per cent to $8.87 billion, the data showed.

In UK, Modi warns against 'misuse of democratic freedom'

In UK, Modi warns against 'misuse of democratic freedom'

Rediff.com24 Jul 2025

Prime Minister Narendra Modi and his British counterpart Keir Starmer discussed the need to prevent the misuse of democratic freedoms by extremist ideologies. They also addressed terrorism and trade ties.

Indian team to return to US for further trade talks

Indian team to return to US for further trade talks

Rediff.com19 Jul 2025

India and the US have concluded the fifth round of talks for the proposed bilateral trade agreement (BTA) in Washington. Both sides are looking at finalising an interim trade deal before August 1. Issues related to agriculture and automobiles figured during the negotiations.

Should India rethink US ties after Trump's Pak tilt?

Should India rethink US ties after Trump's Pak tilt?

Rediff.com31 Jul 2025

Strategic affairs experts express concern over US President Donald Trump's tariffs on India, his 'bullying tactics,' and increasing attempts to hyphenate New Delhi with Islamabad, signaling a potential shift in the bilateral relationship.

Now, Trump threatens India with 'secondary sanctions'

Now, Trump threatens India with 'secondary sanctions'

Rediff.com7 Aug 2025

United States President Donald Trump has said India is 'very close' to China in terms of its purchases of Russian oil and will pay tariffs of 50 per cent as he indicated that 'you are going to see so much secondary sanctions'.

Markets fall on selling in IT shares, foreign fund outflows

Markets fall on selling in IT shares, foreign fund outflows

Rediff.com14 Jul 2025

Benchmark stock indices Sensex and Nifty declined on Monday, extending the losing run to the fourth day amid selling in IT shares and foreign fund outflows. The 30-share BSE Sensex dropped by 247.01 points or 0.30 per cent to settle at 82,253.46. During the day, it fell 490.09 points or 0.59 per cent to 82,010.38 but recovered some of the losses towards the close.

India expands consular reach in US with 8 new centres, eases access

India expands consular reach in US with 8 new centres, eases access

Rediff.com3 Aug 2025

Starting August 1, 2025, all consular services, including passport, visa, OCI, surrender certificate, life certificate, birth/marriage certificate, police clearance, attestations, and more, will be provided exclusively through VFS Global Centres.

'Militants, Fundamentalists Are Running The Show In Bangladesh'

'Militants, Fundamentalists Are Running The Show In Bangladesh'

Rediff.com6 Aug 2025

'Militants are taking over the administration. Fundamentalists have been released from jail.'

Quick-commerce companies expand Tier-II ops ahead of festival season

Quick-commerce companies expand Tier-II ops ahead of festival season

Rediff.com11 Sep 2024

After making the model work in metro cities, players in the quick commerce sector are rapidly expanding their footprint into smaller tier 2 cities and markets beyond that ahead of the festival season.

'Kirana Stores May Adopt Quick Commerce'

'Kirana Stores May Adopt Quick Commerce'

Rediff.com23 May 2024

'Traders must adopt digital payments as soon as possible within a set timeframe, as the nation is moving rapidly towards digitisation.' 'Ignoring digital systems is not an option for strengthening trade.'

Exports fall 2.17% in May; trade deficit narrows

Exports fall 2.17% in May; trade deficit narrows

Rediff.com16 Jun 2025

After registering a positive growth for two months, India's exports slipped into negative territory again, contracting 2.17 per cent year-on-year to $38.73 billion in May due to a fall in global petroleum prices, while trade deficit narrowed at $21.88 billion during the month.

From Badla To Jane Street: Market Tricks Haunt Again

From Badla To Jane Street: Market Tricks Haunt Again

Rediff.com13 Aug 2025

Jane Street could do what they did because of the most fundamental flaw in the Indian stock market: a fragmented, fractured, fissured, fistula-ed liquidity stream, points out Shankar Sharma.

'Linking Aadhar With Voter ID Is Very Dangerous'

'Linking Aadhar With Voter ID Is Very Dangerous'

Rediff.com29 Jul 2025

'The protection of secrecy and anonymity gets lost with this linking.'

Deepika Becomes 1st Indian To Get Hollywood Walk Of Fame Star

Deepika Becomes 1st Indian To Get Hollywood Walk Of Fame Star

Rediff.com3 Jul 2025

It's a proud moment for India.

'Looking Glamorous Is Not Easy'

'Looking Glamorous Is Not Easy'

Rediff.com5 Jul 2025

'The impression is that film shoots or photo shoots are always extremely glamorous. The end result is always is beautiful but there's a lot that goes behind getting that one perfect picture.'

US team in India for trade talks; negotiations progressing well: Goyal

US team in India for trade talks; negotiations progressing well: Goyal

Rediff.com5 Jun 2025

The US team is in New Delhi for the next round of negotiations for the proposed bilateral trade agreement and the negotiations are progressing well, Commerce and Industry Minister Piyush Goyal said on Thursday. Some more US officials will reach India on June 6 to join the negotiations with their Indian counterparts.

Govt tells e-com firms to audit dark patterns, submit yearly reports

Govt tells e-com firms to audit dark patterns, submit yearly reports

Rediff.com30 May 2025

The government on Wednesday asked e-commerce platforms to conduct annual internal audits to make sure that they are not resorting to manipulative tactics to mislead consumers and prevent them from making right choices -- a technique commonly referred to as dark pattern -- and submit reports to the Department of Consumer Affairs (DoCA). It comes just a week after Uber was issued a notice by the Central Consumer Protection Authority (CCPA) over its "advance tip" feature.

CCI issues norms to assess predatory pricing practices

CCI issues norms to assess predatory pricing practices

Rediff.com7 May 2025

Competition Commission of India (CCI) has notified the regulations for determining the cost of production, a move that will help the watchdog to more effectively assess alleged predatory pricing and deep discounting practices especially in the quick commerce and e-commerce segments. As part of efforts to update the framework for assessing predatory pricing, the watchdog came out with the draft rules in February.

Primacy for humanity, not AI, in justice delivery, says CJI

Primacy for humanity, not AI, in justice delivery, says CJI

Rediff.com5 Jun 2025

"The moment we let technology take the driver's seat in the legal system, we begin to erode the public's faith in us and with it, the foundations of the rule of law," CJI Gavai added.

'Companies Will Be More Powerful Than Nations'

'Companies Will Be More Powerful Than Nations'

Rediff.com19 Aug 2025

'If you align your ambition with India's rise, the peak of your careers will unfold alongside the peak of India's power.'

Trump slaps 25% tariff on India from Aug 1

Trump slaps 25% tariff on India from Aug 1

Rediff.com30 Jul 2025

US President Donald Trump has announced a 25 per cent plus tariff on India from Aug 1. Trump, describing India as a "friend", said the US has done relatively "little business" with the country because of its high tariffs.

Great deal with India coming up, says Trump

Great deal with India coming up, says Trump

Rediff.com27 Jun 2025

United States President Donald Trump said a 'very big' trade deal is on cards with India, hinting at significant progress in the negotiation process of a long-awaited bilateral trade agreement between the two countries.

FTAs, reviving exports to be commerce ministry's focus

FTAs, reviving exports to be commerce ministry's focus

Rediff.com18 Jun 2024

Another priority in the first 100 days could be the launch of an e-platform -- Trade Connect -- to help exporters connect with stakeholders of international trade.

India Unlikely To Retaliate Against US

India Unlikely To Retaliate Against US

Rediff.com1 Aug 2025

India would neither succumb to the Americans on issues of national security, such as its defence ties with Russia, nor cede ground on its domestic interests in the agriculture and dairy sectors.

Let Kamal Haasan go to court, film won't release: KFCC

Let Kamal Haasan go to court, film won't release: KFCC

Rediff.com2 Jun 2025

Let actor Kamal Haasan go to court, but no theatres in Karnataka will screen Thug Life, Karnataka Film Chamber of Commerce president M Narasimhalu said on Monday.

Walmart to add 1 lakh MSMEs in next 3 years

Walmart to add 1 lakh MSMEs in next 3 years

Rediff.com19 Jun 2025

US-based retail giant Walmart will connect one lakh more MSMEs in the next three years to its supplier development programme in India, a company official said here on Thursday. The programme, Walmart Vriddhi, has partnered with Ideas to Impact Foundation (i2i), which will enable more MSMEs to expand their access to both national and international markets, helped by the combined strengths of Walmart's global supply chain and Flipkart's e-commerce capabilities.

What's Trump's Real Game Plan Against India?

What's Trump's Real Game Plan Against India?

Rediff.com1 Aug 2025

By threatening to punish India with high tariff, Trump is actually planting a tantalising thought in the Indian mind that the Modi government should suitably 'incentivise' him, explains Ambassador M K Bhadrakumar.

Guess how much salary Anant Ambani will draw as executive director of RIL

Guess how much salary Anant Ambani will draw as executive director of RIL

Rediff.com30 Jun 2025

Anant Ambani, the youngest son of billionaire Mukesh Ambani and the first among three siblings to be appointed executive director on flagship Reliance Industries, will be paid Rs 10-20 crore salary annually plus a host of perks including a commission on company profits, according to a shareholder notice. While the richest Asian's all three children - twins Akash and Isha, and Anant - were inducted on board of the oil-to-telecom-and-retail conglomerate in 2023 as non-executive directors, the youngest of the three was in April this year appointed executive director of Reliance Industries Ltd.

US trade officials may visit India in coming weeks

US trade officials may visit India in coming weeks

Rediff.com26 May 2025

A team of US officials is expected to visit India in the coming weeks for the next round of discussions on the proposed interim trade agreement between the two countries, sources said. The visit gains importance as India and the US are likely to agree on an interim trade agreement before July 9, with New Delhi pushing for full exemption from the 26 per cent reciprocal tariff on domestic goods.

D2C brands hitch a ride on the quick commerce wagon

D2C brands hitch a ride on the quick commerce wagon

Rediff.com17 Jun 2024

As quick-commerce players find their foothold among consumers, brands are all set to step up their presence on these platforms.

Most Anticipated IPOs of 2025 Everyone is Waiting For!

Most Anticipated IPOs of 2025 Everyone is Waiting For!

Rediff.com22 Jul 2025

The IPO wave of 2025 is here, and it's bigger than ever. From fintech unicorns to financial powerhouses and infrastructure giants, some of India's biggest names are all set to make their stock market debut. PhonePe, Zepto, Tata Capital, NSE, NSDL, and JSW Cement are just a few of the highly awaited listings that have investors and analysts buzzing with excitement.

'India Should Reduce Tariffs For All Countries'

'India Should Reduce Tariffs For All Countries'

Rediff.com11 Aug 2025

'That way you're not hostage just to US sort of exports to India.'