News for 'Commerce'

Roshni Kumari: Auto Driver's Daughter Tops Bihar Board!

Roshni Kumari: Auto Driver's Daughter Tops Bihar Board!

Rediff.com26 Mar 2025

Roshni Kumari, an autorickshaw driver's daughter from Vaishali district, topped Bihar's Class 12 board examination in the commerce stream.

Sonu Nigam issues apology hours after justifying his remarks

Sonu Nigam issues apology hours after justifying his remarks

Rediff.com6 May 2025

Singer Sonu Nigam has issued an apology following a controversy at a concert in Bengaluru. The singer, known for tracks like "Abhi Mujh Mein Kahin", "Dil Dooba" and "No Entry", said his love for Karnataka is bigger than his ego. The incident took place on April 25 when Nigam was performing at a college in Bengaluru and a group of boys threatened him to sing in the Kannada language. Nigam responded by saying, "Kannada. Kannada. This is the reason behind the incident in Pahalgam." Many found comments made by Nigam hurtful and an FIR was registered against him at the Avalahalli Police Station in Bengaluru. The Karnataka Film Chamber of Commerce (KFCC) announced a 'non-cooperation' campaign against Nigam for his allegedly controversial remark, which hurt the sentiments of the Kannadaigas.

FMCG volume growth slows to 5.1% in Q4

FMCG volume growth slows to 5.1% in Q4

Rediff.com8 May 2025

The volume growth of India's FMCG industry has slowed down in the March quarter to 5.1 per cent, driven by increased consumer purchases of small-value packs, according to the latest report from data analytics firm NielsenIQ. Volume growth is slowing across categories, and non-food segments are still outpacing food in the FMCG sector.

Zomato's parent Eternal Q4 net profit falls 78% to Rs 39 cr

Zomato's parent Eternal Q4 net profit falls 78% to Rs 39 cr

Rediff.com2 May 2025

Eternal (formerly known as Zomato) reported a net profit of Rs 39 crore for the fourth quarter of FY25, down 77.7 per cent year-on-year from Rs 175 crore in the same period a year ago. On a sequential basis, profit was also down 33.8 per cent from Rs 59 crore in the preceding quarter (Q3FY25).

India's AI market to triple to $17 billion by 2027: Report

India's AI market to triple to $17 billion by 2027: Report

Rediff.com11 Jun 2025

The Indian AI market is expected to grow to over $17 billion by 2027, more than tripling its current size, driven by increased investments in enterprise technology, a flourishing digital ecosystem, and a strong pool of skilled professionals, according to BCG.

Investments In Startups On The Decline

Investments In Startups On The Decline

Rediff.com15 Apr 2025

In the hottest sector of AI, where most global VC funding is going currently, the country's record has not been anything to write home about.

Will India join e-commerce deal at WTO?

Will India join e-commerce deal at WTO?

Rediff.com29 Nov 2022

India is unlikely to join the ongoing negotiations for a plurilateral deal on e-commerce at the World Trade Organization (WTO), notwithstanding a change in stance on data localisation and cross-border flow of data. Under the new draft digital personal data protection (DPDP) Bill, put out on Friday for public consultation, the government has proposed free cross-border flow of data with 'friendly' nations, significantly easing its earlier stance on data localisation. India has so far stayed out of a group of 87 countries, including the US, European Union, China, and Japan that are negotiating trade-related aspects on e-commerce since December 2017.

Will China start talks with US on tariff reduction?

Will China start talks with US on tariff reduction?

Rediff.com2 May 2025

China on Friday said it is assessing whether to start trade talks with the US on tariff reductions following recent approaches by Washington, a move that would possibly ease the tit-for-tit tariff war between the world's two largest economies. "China is making assessments as the United States has recently reached out to convey messages to China through relevant parties many times, expressing hope to engage in talks with Beijing over tariff issues," the Chinese Commerce Ministry said in a statement in Beijing.

'Pradhan mantri chuppi todo': Cong on US claims on Indo-Pak truce

'Pradhan mantri chuppi todo': Cong on US claims on Indo-Pak truce

Rediff.com28 May 2025

There was no immediate reaction from the government on it but it has maintained that India-Pakistan understanding on cessation of hostilities was arrived at following direct negotiations between the two sides.

'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.'

Piyush Goyal on ongoing talks for trade pact with US

Piyush Goyal on ongoing talks for trade pact with US

Rediff.com2 Jun 2025

India and the US desire to give preferential market access to each other's businesses and teams of both the countries are working together on the proposed bilateral trade agreement, Commerce Minister Piyush Goyal has said. In February, US President Donald J Trump and Prime Minister of India Narendra Modi announced plans to negotiate the first tranche or phase of a mutually beneficial, multi-sector Bilateral Trade Agreement (BTA) by fall (September-October) of 2025.

'We Don't Negotiate At Gunpoint'

'We Don't Negotiate At Gunpoint'

Rediff.com12 Apr 2025

A government official said India and the US are exploring an interim trade deal within 90 days.

India's E-Commerce: Great Leap Forward

India's E-Commerce: Great Leap Forward

Rediff.com8 Jan 2022

Live commerce, quick commerce, group buying, WhatsApp commerce, dukaantech have made their mark.

'Cinema's Greatest Challenge Is Reels'

'Cinema's Greatest Challenge Is Reels'

Rediff.com5 Aug 2025

'I don't know how long cinema will survive.'

Festive Buzz To Boost Gig Jobs

Festive Buzz To Boost Gig Jobs

Rediff.com11 Jul 2025

Qcom alone is expected to account for a 60 per cent surge in gig hiring, adding 1.5 million to 2 million roles.

'Whole World Is Under A Cloud Of Uncertainty'

'Whole World Is Under A Cloud Of Uncertainty'

Rediff.com30 May 2025

The CII Business Summit 2025's inaugural session witnessed a rousing standing ovation and a felicitation ceremony for the defence top brass sending a strong message about India's rising military industrial complex and hghlghting that security is a top-of-the-mind issue for India Inc.

Shakti Dubey tops 2024 civil services exam; women dominate top 5

Shakti Dubey tops 2024 civil services exam; women dominate top 5

Rediff.com22 Apr 2025

Shakti Dubey has topped the civil services examination 2024, with Harshita Goyal and Dongre Archit Parag getting the second and third ranks, the Union Public Service Commission (UPSC) announced on Tuesday. The top five successful candidates comprise three women and two men. The civil services examination is conducted annually in three stages -- preliminary, main and interview -- by the UPSC to select officers of the Indian Administrative Service (IAS), Indian Foreign Service (IFS) and Indian Police Service (IPS) among others. A total of 1,009 candidates -- 725 men and 284 women -- have been recommended by the UPSC for appointment to various services.

Kamal Haasan moves HC for 'Thug Life' release amid Kannada row

Kamal Haasan moves HC for 'Thug Life' release amid Kannada row

Rediff.com2 Jun 2025

The move comes in response to the Karnataka Film Chamber of Commerce's (KFCC) recent announcement that it would not permit the screening of the film in Karnataka unless Haasan issues a public apology for his comment suggesting that Kannada evolved from Tamil.

India's smartphone exports soar in FY25

India's smartphone exports soar in FY25

Rediff.com18 May 2025

India's smartphone exports surged nearly fivefold to the US and about fourfold to Japan in the past three years, propelling the segment to surpass petroleum products and diamonds as the country's top exported goods, according to government data. The smartphone exports rose by 55 per cent to $24.14 billion in 2024-25 from $15.57 billion in 2023-24 and $10.96 billion in 2022-23.

How q-com will drive India's blue-collar job market

How q-com will drive India's blue-collar job market

Rediff.com9 Jan 2025

The rapid rise of quick commerce is anticipated to create a substantial increase in the need for blue-collar workers, with India projected to require 2.4 million jobs by 2027, according to job matching and hiring platform Indeed. Quick commerce companies hired over 40,000 employees in the last quarter to handle increased festive shopping and e-commerce demand, Indeed India Sales Head Sashi Kumar said.

India, US to start 3-day trade talks from Wednesday

India, US to start 3-day trade talks from Wednesday

Rediff.com25 Mar 2025

Senior officials of India and the US will begin three-day talks on the proposed bilateral trade agreement in New Delhi on Wednesday amid threats of reciprocal tariffs from the Trump-administration, an official said. To formally start the negotiations on the pact, Assistant US Trade Representative for South and Central Asia Brendan Lynch, along with a team of officials, is in New Delhi.

Amazon India ends referral fees on 12 million products

Amazon India ends referral fees on 12 million products

Rediff.com31 Mar 2025

In its highest ever reduction in seller fees, ecommerce giant Amazon India has introduced zero referral charges on over 12 million products on its platform that are priced below Rs 300. The move is aimed at boosting seller growth on Amazon.in and supporting hundreds of thousands small businesses across the country.

'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.'

'India is a land of opportunities'

'India is a land of opportunities'

Rediff.com13 May 2025

'We've maintained that India is a high-penetration game. It's not only a premiumisation game.'

'We will be present across India over next 3-5 yrs'

'We will be present across India over next 3-5 yrs'

Rediff.com29 Jun 2025

'There's been interest from multiple states, and exploratory conversations are ongoing.'

Prominent bizman Gopal Khemka shot dead in Patna, 7 yrs after son's murder

Prominent bizman Gopal Khemka shot dead in Patna, 7 yrs after son's murder

Rediff.com6 Jul 2025

According to Khemka's family members, his son was also shot dead by criminals six years ago in Hajipur.

Chronology of events leading to conclusion of India, UK FTA

Chronology of events leading to conclusion of India, UK FTA

Rediff.com7 May 2025

Prime Minister Narendra Modi and (the then) UK Prime Minister Boris Johnson launched an 'Enhanced Trade Partnership' (ETP) to unleash the trade potential between the two economies. As part of the ETP, they agreed on a roadmap to negotiate a comprehensive and balanced FTA.

India, US trade talks to start from April 23 in Washington

India, US trade talks to start from April 23 in Washington

Rediff.com23 Apr 2025

Indian and US officials will begin deliberations on the proposed bilateral trade agreement in Washington from Wednesday with an aim to iron out issues and give an impetus to the negotiations.

MEA Pushes For Quick Resolution To China's Rare Earth Curbs

MEA Pushes For Quick Resolution To China's Rare Earth Curbs

Rediff.com13 Jun 2025

'We remain in touch with the Chinese side, in Beijing as well as in Delhi, to bring predictability in the supply chain.'

Kamal Haasan not to release Thug Life in Karnataka

Kamal Haasan not to release Thug Life in Karnataka

Rediff.com4 Jun 2025

Kamal Haasan starrer Thug Life will not be released in Karnataka on June 5, the scheduled date for the pan-India release of the much-anticipated movie, its producers informed the Karnataka high court on Tuesday.

Tharoor shares selfie with BJP minister amid growing rift with Cong

Tharoor shares selfie with BJP minister amid growing rift with Cong

Rediff.com25 Feb 2025

Senior Congress leader Shashi Tharoor welcomed the revival of long-stalled India-UK FTA negotiations, posting a selfie with Union Commerce and Industry Minister Piyush Goyal and the UK's Secretary of State for Business and Trade Jonathan Reynolds. Tharoor's post comes amid a row over his recent article praising the Kerala government's investment climate, which drew criticism from some Congress leaders.

Apology could've saved the situation, HC tells Kamal Haasan

Apology could've saved the situation, HC tells Kamal Haasan

Rediff.com3 Jun 2025

The Karnataka high court on Tuesday strongly criticised actor and filmmaker Kamal Haasan for his recent remark suggesting that "Kannada was born out of Tamil", and observed that a "single apology could have resolved the situation."

Kamal Haasan's film to be banned in Karnataka if he doesn't apologise

Kamal Haasan's film to be banned in Karnataka if he doesn't apologise

Rediff.com30 May 2025

Karnataka Film Chamber of Commerce (KFCC) said on Thursday that it will not allow the release of Kamal Haasan's film Thug Life in Karnataka unless he issues a public apology by May 30 for his controversial remark about the Kannada language.

No US Tariff Cut Commitment: Govt

No US Tariff Cut Commitment: Govt

Rediff.com11 Mar 2025

Government representatives told a parliamentary panel that the US has not officially conveyed to India that it should cut tariffs by April 2.

Ambani says Jio was biggest risk of his life

Ambani says Jio was biggest risk of his life

Rediff.com25 Jun 2025

Billionaire industrialist Mukesh Ambani described his 2016 return to the telecom industry with Reliance Jio as the "biggest risk" of his life, saying that even if analysts' predictions of financial failure had come true, it would still have been worth it for the role it played in transforming India digitally.

MCom Or MBA: Which Is Better For Your Future?

MCom Or MBA: Which Is Better For Your Future?

Rediff.com11 Jun 2025

rediffGURU Patrick Dsouza, founder of Patrick100 counsels students, and aspiring professionals about the scope of an MBA degree.

Prada breaks silence over Rs 1.2 lakh 'Kolhapuri chappals'

Prada breaks silence over Rs 1.2 lakh 'Kolhapuri chappals'

Rediff.com28 Jun 2025

Artisans from Maharashtra have cried foul after footwear similar to the famous Kolhapuri chappals featured in Prada's show. They alleged violation of geographical identification (GI) rights.

Realty firms eye revenue upside, portfolio diversification from data centre boom

Realty firms eye revenue upside, portfolio diversification from data centre boom

Rediff.com24 Jun 2025

Data centres are increasingly becoming a key part of the real estate landscape, as reality firms - with rich expertise in land acquisition, construction and dealing with government approvals - are seeing them as opportunities to build long-term assets with continuous revenue flow.

Department of Commerce plans dedicated trade promotion body

Department of Commerce plans dedicated trade promotion body

Rediff.com24 Aug 2022

To set up a future-ready administration geared towards the target of $2 trillion exports by 2030, the Department of Commerce has decided to set up a dedicated trade promotion body to drive overall promotion strategy, export targets, and execution as part of a restructuring exercise. The trade promotion body will formulate and drive overall trade promotion strategy; create and drive India's branding across focus markets and sectors; drive coordinated action across missions, states and export promotion councils; strategic initiatives, including advisory and buyer-seller meet; and develop digital platforms for exporters and buyers. Based on a 14-volume 'restructuring dossier' by the Boston Consulting Group, the commerce department has already implemented some of the recommendations.

Quad condemns Pahalgam attack; silent on Pak, 4-day military conflict

Quad condemns Pahalgam attack; silent on Pak, 4-day military conflict

Rediff.com2 Jul 2025

The Quad grouping has called for bringing the perpetrators, organisers and financiers of the Pahalgam terror attack to justice without any delay and urged UN member nations to extend cooperation for it.