News for 'Commerce'

India portrays itself as US's closest friend, but...: Top Trump aide

India portrays itself as US's closest friend, but...: Top Trump aide

Rediff.com4 Aug 2025

Miller said that US President Donald Trump has a 'tremendous' relationship with Prime Minister Narendra Modi, and that the peace options for the region are on the table.

'Where There Is So Much Infrastructure Creation, There Will Be Debt'

'Where There Is So Much Infrastructure Creation, There Will Be Debt'

Rediff.com26 Aug 2025

'We have created massive infrastructure in the past six years.'

Blue-chip stocks drag Sensex down by 542 points

Blue-chip stocks drag Sensex down by 542 points

Rediff.com24 Jul 2025

From the Sensex firms, Trent, Tech Mahindra, Bajaj Finserv, Reliance Industries, Infosys, Kotak Mahindra Bank, HCL Technologies, and NTPC were among the biggest laggards. However, Eternal, Tata Motors, Sun Pharma, Tata Steel, and Titan were the gainers.

Is This Why Trump Turned On India?

Is This Why Trump Turned On India?

Rediff.com9 Aug 2025

Trade, defence cooperation and regional strategy had long formed the backbone of India-US ties, but the latest rift shows how quickly those pillars can be shaken by personal grievances and political optics.

32 Delhi schools receive hoax bomb threats; police assure serious probe

32 Delhi schools receive hoax bomb threats; police assure serious probe

Rediff.com18 Aug 2025

The schools included Delhi Public School, Modern Convent School, and Shree Ram World School, a senior police officer said, adding that the threats were received via e-mail.

'Modi is standing like a wall': PM's strong message to Trump amid tariff row

'Modi is standing like a wall': PM's strong message to Trump amid tariff row

Rediff.com15 Aug 2025

Amid uncertainty over trade talks with the US, Prime Minister Modi asserts India's commitment to protecting the interests of farmers and fishermen, vowing no compromise on their behalf.

How Iran-Israel conflict affects India's overseas trade

How Iran-Israel conflict affects India's overseas trade

Rediff.com20 Jun 2025

The commerce ministry on Friday held consultations with key stakeholders, including shipping lines, exporters, container firms, and other departments, to assess the impact of the Iran-Israel conflict on India's overseas trade, an official said. The meeting was chaired by Commerce Secretary Sunil Barthwal.

India flagged concerns with Russia over non-tariff barriers: Commerce secy

India flagged concerns with Russia over non-tariff barriers: Commerce secy

Rediff.com16 Jul 2024

India has flagged concerns over non-tariff barriers (NTBs) faced by its exporters with the Russian government, commerce secretary Sunil Barthwal said on Monday. NTBs faced by Indian exporters are mainly in sectors such as marine products and pharmaceuticals.

'AI Can Improve The Lives Of Millions Of Indians'

'AI Can Improve The Lives Of Millions Of Indians'

Rediff.com7 Aug 2025

'We're already seeing signs of superhuman capability.'

US policy towards India takes 'unfortunate turn', says Kaushik Basu

US policy towards India takes 'unfortunate turn', says Kaushik Basu

Rediff.com31 Jul 2025

Former World Bank Chief Economist Kaushik Basu on Thursday said the US economic policy towards India has taken an unfortunate turn, noting that President Donald Trump's harsh stance against New Delhi appears baffling. US President Donald Trump on Wednesday announced a 25 per cent tariff on Indian goods from August 1, amid signs of a stalemate in the ongoing bilateral trade negotiations between the two countries.

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'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.

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.

Blinkit, Zepto ignite the quick commerce firestorm

Blinkit, Zepto ignite the quick commerce firestorm

Rediff.com25 Mar 2024

After a tentative start, quick commerce (q-commerce) is ablaze, with Blinkit and Zepto slugging it out in a market distinct from other competitors. The latest entrant is Flipkart, which is ramping up its infrastructure in around 12 cities where it will launch the service in the next six to eight weeks, taking on existing players such as Blinkit, Zepto, Instamart, and BigBasket, among others. According to data analysed from Sensor Tower by BofA Global Research, the daily active user (DAU) base of Blinkit has grown by 58 per cent between February 2023 and February 2024.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

'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.'

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'.

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.

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.

'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.'

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.

'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.'

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.

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.