News for 'Commerce'

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.

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.

Tasks Cut Out For New Commerce Secretary

Tasks Cut Out For New Commerce Secretary

Rediff.com26 Sep 2022

The government is targeting export of goods and services worth $2 trillion by 2030.

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.

'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.'

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.

MNC e-commerce giants violating FDI norms: CAIT

MNC e-commerce giants violating FDI norms: CAIT

Rediff.com15 Mar 2022

India's largest traders' association CAIT on Tuesday said few multinational e-commerce giants with a heavy arsenal of funding are attempting to flout foreign investment guidelines for the sector and demanded strict enforcement action. Releasing a whitepaper on the e-commerce policy, the Confederation of All India Traders (CAIT) said e-commerce entities have "structured their relationship as marketplace with sellers in a such a way that they are in a position to control either seller on their platform or the inventory and also escape the scrutiny of the enforcement agencies." "Under the guise of such control or ownership over sellers, the issue also permeates from being a mere FDI policy violation to also being an anti-competitive conduct," it said.

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.

'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.'

'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.'

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.

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.

'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.'

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.

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.

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."

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'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.

'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.'

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.

10 Ways India-Pak Tensions Affected Bollywood

10 Ways India-Pak Tensions Affected Bollywood

Rediff.com13 May 2025

Bollywood has come out in full support and shown solidarity to Indian army by postponing film releases and several events post the deadly Pahalgam attack and India's Operation Sindoor

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.

Mother Dairy hikes milk prices by up to Rs 2/litre

Mother Dairy hikes milk prices by up to Rs 2/litre

Rediff.com29 Apr 2025

Mother Dairy has hiked milk prices by up to Rs 2 per litre effective Wednesday to partly offset rising input costs. The price revision will be effective from April 30, 2025 across its market, a company official said on Tuesday.

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.

E-commerce companies offer value products to woo Bharat as demand rises

E-commerce companies offer value products to woo Bharat as demand rises

Rediff.com27 Feb 2023

The writing has been on the wall for some time and it showed up prominently during the festival-season sales last year, when Meesho toppled Amazon to become the second-largest player in order share. During the sales season, 60 per cent of the orders Meesho received were from tier-4 cities and beyond. According to a report by consulting firm Redseer, festival-season sales last year were driven primarily by tier-2 and tier-3 cities, with 64 per cent of the shoppers coming from those.

China retaliates with 84% levies on US exports

China retaliates with 84% levies on US exports

Rediff.com9 Apr 2025

China on Wednesday hit back at United States President Donald Trump's tariffs on Chinese exports with 84 per cent levies on its imports from America, intensifying the trade war between the top two economies of the world.

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.

Centre expects US to consider visa applications of Indian students

Centre expects US to consider visa applications of Indian students

Rediff.com29 May 2025

India on Thursday said it expects the United States to consider visa applications of Indian students on merit amid growing concerns over the Trump administration halting new student visa interviews.

Trade deal with India: US likely to seek tariff cuts, regulatory reforms

Trade deal with India: US likely to seek tariff cuts, regulatory reforms

Rediff.com4 May 2025

The US is expected to push for sweeping changes in India's policies, ranging from tariff reductions to regulatory overhauls, that could benefit American firms and exporters, under the proposed bilateral trade agreement with India, think tank GTRI said on Sunday.

83% Engineers Jobless!

83% Engineers Jobless!

Rediff.com24 Mar 2025

51% GenZ want to build multiple income streams through side hustles, freelancing and other gigs.

'US Is Only Arm-Twisting'

'US Is Only Arm-Twisting'

Rediff.com13 Jun 2025

'There is nothing bilateral about this deal.'

Without imposition, we will learn: Kamal Haasan on Hindi row

Without imposition, we will learn: Kamal Haasan on Hindi row

Rediff.com7 Jun 2025

Where does Kamal Haasan stand on the issue of imposition of Hindi in the south? "I stand with Punjab. I stand with Karnataka. I stand with Andhra," is his quick reply.

Exports inch up; trade deficit hits $21.54 bn in March

Exports inch up; trade deficit hits $21.54 bn in March

Rediff.com16 Apr 2025

India's exports grew marginally by 0.7 per cent to $41.97 billion in March, while the trade deficit stood at $21.54 billion in the month, the latest government data showed on Tuesday.

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.

'From India-First To India-For-The-World'

'From India-First To India-For-The-World'

Rediff.com2 Jul 2025

'The next decade will be even more transformative,' says Prime Minister Modi. 'We are moving from digital governance to global digital leadership.'

US Tariffs: India Draws Red Lines Around Farm Commodities

US Tariffs: India Draws Red Lines Around Farm Commodities

Rediff.com7 Jul 2025

Very sensitive items -- such as apples, which carry political weight and are closely tied to farmer interests in states like Himachal Pradesh and Uttarakhand -- may face restricted concessions.

Zepto CEO Aadit Palicha accuses rival company's CFO of smear campaign

Zepto CEO Aadit Palicha accuses rival company's CFO of smear campaign

Rediff.com26 May 2025

Zepto co-founder and CEO Aadit Palicha has accused the chief financial officer of a competing company of orchestrating a smear campaign against his quick commerce platform. In a LinkedIn post on late Sunday, Palicha, not taking names, alleged that the CFO of one of Zepto's competitor firms has been reaching out to Zepto's investors with unsubstantiated claims, distributing false financial data to journalists, and employing bots to spread negative narratives about Zepto on social media.

Draft e-commerce policy is 'nationalistic'

Draft e-commerce policy is 'nationalistic'

Rediff.com22 Mar 2021

Many industry executives have said the draft e-commerce policy is being perceived as nationalistic but not overly protectionist and it is providing preference to Indian players against foreign companies. This might have an impact on investment by large players such as Walmart and Amazon in the country, said the executives. They said e-commerce was a very small portion of the retail industry and at a nascent stage and did not require heavy hammer regulations. Though the policy talks about being equally applicable to foreign and domestic players, it mentions that foreign direct investment (FDI) takes precedence over the e-commerce policy in any area of overlap.

Expect India to strike first trade pact: US Treasury Secy Scott Bessent

Expect India to strike first trade pact: US Treasury Secy Scott Bessent

Rediff.com25 Apr 2025

As in-person negotiations between India and the US kickstarted on Wednesday, Treasury Secretary Scott Bessent said he expected India to strike the first bilateral trade deal to avert President Donald Trump's reciprocal tariffs.

Digipin: Mapping Addresses Digitally

Digipin: Mapping Addresses Digitally

Rediff.com16 Jun 2025

Digipin promises to revolutionise location-based services in India with safeguards.