News for 'Goods and Service'

UK sanctions West Bank settlers, Israel shuts British consulate

UK sanctions West Bank settlers, Israel shuts British consulate

Rediff.com8 Sep 2026

The UK has announced a comprehensive sanctions regime against Israeli settlements in the West Bank, banning the import of goods and targeting entities involved in settlement expansion. Foreign Secretary Ed Miliband condemned the "ethnic cleansing of Palestinians" and highlighted international support for the UK's stance, while Israel reacted strongly with counter-measures.

How India Is Poised To Become A Global Semiconductor Powerhouse

How India Is Poised To Become A Global Semiconductor Powerhouse

Rediff.com27 Sep 2026

India is strategically positioned to develop a robust domestic semiconductor ecosystem, driven by increasing electronics consumption, strong government support through incentives, and a global shift in supply chains. Boston Consulting Group Managing Director Ankush Wadhera highlights India's potential as a safe haven for investments, with the AI boom further fuelling demand for advanced chips. The nation aims to expand its capabilities across the entire semiconductor value chain, attracting significant global and domestic investments.

GST Mop-up Jumps 15% to Rs 2 Lakh Crore in August

GST Mop-up Jumps 15% to Rs 2 Lakh Crore in August

Rediff.com1 Sep 2026

India's gross Goods and Services Tax (GST) collections saw a significant 14.8 per cent year-on-year increase in August, reaching approximately Rs 2 lakh crore, with import revenue contributing substantially to this growth.

India's FY27 growth to moderate in H2 amid inflation, liquidity risks: DBS

India's FY27 growth to moderate in H2 amid inflation, liquidity risks: DBS

Rediff.com22 Sep 2026

India's economy is projected to lose momentum in the second half of fiscal 2026-27, with tighter financial conditions, elevated energy prices, and broadening inflation pressures posing significant risks, according to DBS Bank economist Radhika Rao.

Assam CM Unveils NESFIC To Transform Northeast Into Innovation Hub

Assam CM Unveils NESFIC To Transform Northeast Into Innovation Hub

Rediff.com25 Sep 2026

Assam Chief Minister Himanta Biswa Sarma launched the North East Seva Innovation Challenge (NESFIC), envisioning the region as India's 'living laboratory' for technology and problem-solving. The initiative aims to empower young innovators to address real-world challenges faced by government, industries, and citizens, with a focus on practical implementation and government procurement.

Govt Amends E-commerce Rules to Boost Transparency, Curb Manipulation

Govt Amends E-commerce Rules to Boost Transparency, Curb Manipulation

Rediff.com10 Sep 2026

The Indian government has amended its e-commerce rules to enhance price transparency, prevent manipulation of search results, mandate clear disclosure of sponsored listings, and combat 'dark patterns' to protect consumers.

Left London career to join IAS, Divya Mittal quits after 13 years

Left London career to join IAS, Divya Mittal quits after 13 years

Rediff.com3 Sep 2026

Divya Mittal, a 2013-batch IAS officer and former Deoria district magistrate, has resigned from the Indian Administrative Service after 13 years. An alumna of IIT Delhi and IIM Bangalore, Mittal cited no specific reason but reflected on her journey from working in London to serving India, highlighting her impactful tenures in Mirzapur and Deoria.

Davis Cup: Dhakshineswar Leads India's Charge Against Korea

Davis Cup: Dhakshineswar Leads India's Charge Against Korea

Rediff.com17 Sep 2026

India's Davis Cup team is set for a high-stakes Qualifier Round 2 clash against South Korea in Seoul, with players like Dhakshineswar Suresh and Sumit Nagal aiming to secure a historic Final 8 berth under the current format.

Why Is Colombo Still Biased Against Jaffna?

Why Is Colombo Still Biased Against Jaffna?

Rediff.com17 Sep 2026

'The way the government behaves, sometimes I ask myself: Are not Tamils Sri Lankans too? Why do you discriminate so much?'

Hyundai Expects 8-10% H2 Sales Growth, Aims To Outpace PV Industry

Hyundai Expects 8-10% H2 Sales Growth, Aims To Outpace PV Industry

Rediff.com25 Sep 2026

Hyundai Motor India is set to outpace the broader passenger vehicle market, projecting an 8-10 per cent domestic sales growth in H2FY27, fueled by strategic launches of a new mid-size SUV and a dedicated electric vehicle, alongside increased production capacity.

Eway Bills Cross 139 Million in August, Signalling Sustained Economic Momentum

Eway Bills Cross 139 Million in August, Signalling Sustained Economic Momentum

Rediff.com5 Sep 2026

India's eway bill generation reached 139.08 million in August, marking the third-highest monthly count on record and indicating sustained momentum in goods movement and formal economic activity, according to official data.

Tata Trusts firm on keeping Tata Sons unlisted, board to explore alternatives

Tata Trusts firm on keeping Tata Sons unlisted, board to explore alternatives

Rediff.com18 Sep 2026

Tata Trusts, the majority shareholder of Tata Sons, has stated its firm opposition to the holding company's public listing, revealing that the Tata Sons board will meet again to explore all available alternatives to listing.

India Inc's foreign funding intent surges to $7.7 billion in July

India Inc's foreign funding intent surges to $7.7 billion in July

Rediff.com8 Sep 2026

Indian companies, including NBFCs, filed proposals to raise $7.696 billion through external commercial borrowings (ECBs) and foreign currency convertible bonds (FCCBs) in July 2026, a significant increase from $6.09 billion in June.

The Real Reason You May Be Feeling Fat, Angry, Tired...

The Real Reason You May Be Feeling Fat, Angry, Tired...

Rediff.com22 Sep 2026

Dr Pooja Chaudhary, consultant-obstetrics, gynaecology and laparoscopic surgery at Motherhood Hospitals, explains how you can manage your thyroid-related health problems.

HAL hands over LCA Tejas, HTT-40 trainer aircraft to IAF; Dhruv NG helicopters to Pawan Hans

HAL hands over LCA Tejas, HTT-40 trainer aircraft to IAF; Dhruv NG helicopters to Pawan Hans

Rediff.com18 Sep 2026

Hindustan Aeronautics Limited (HAL) has delivered LCA Tejas FOC twin-seater trainers and HTT-40 basic trainer aircraft to the Indian Air Force, and Dhruv next-generation helicopters to Pawan Hans. This significant handover, witnessed by Defence Minister Rajnath Singh, marks a crucial step in India's journey towards self-reliance in the aerospace sector, showcasing HAL's capabilities across military, civil rotary-wing, and pilot training aviation.

HAL Delivers Advanced Trainers And Helicopters To IAF And Pawan Hans

HAL Delivers Advanced Trainers And Helicopters To IAF And Pawan Hans

Rediff.com18 Sep 2026

State-run defence major Hindustan Aeronautics Limited (HAL) has delivered LCA Tejas Final Operational Clearance twin-seater trainers and HTT-40 basic trainer aircraft to the Indian Air Force, along with Dhruv next-generation helicopters to Pawan Hans. This significant handover, witnessed by Defence Minister Rajnath Singh, marks a crucial step in India's journey towards self-reliance in the aerospace sector, showcasing HAL's diverse capabilities in military, civil, and training aviation.

Rural CV retail sales growth outpaces urban, driven by diversified economy and GST impact

Rural CV retail sales growth outpaces urban, driven by diversified economy and GST impact

Rediff.com7 Sep 2026

Rural commercial vehicle (CV) registrations have consistently outpaced urban sales from April to July 2026, driven by a significant diversification of the rural economy and the positive impact of GST-led consumption, according to experts and data from Fada.

Nagal reveals what went wrong in gruelling Korea defeat

Nagal reveals what went wrong in gruelling Korea defeat

Rediff.com18 Sep 2026

Indian tennis player Sumit Nagal reflected on his gruelling three-hour Davis Cup loss to South Korea's Hyeon Chung, attributing the defeat to Chung's superior play, challenging court conditions, and missed opportunities. The loss contributed to India trailing 0-2 in the tie, with Nagal acknowledging the fine margins in the intense battle.

BRICS Summit Pushes For Safe And Inclusive AI Development

BRICS Summit Pushes For Safe And Inclusive AI Development

Rediff.com12 Sep 2026

BRICS leaders, in their New Delhi Declaration 2026, have called for wider access to Artificial Intelligence resources and stronger international cooperation to ensure the technology is safe, secure, inclusive, and reliable. The declaration outlines a broad technology agenda covering AI, cybersecurity, digital public infrastructure, telecom, quantum technologies, and advanced manufacturing, committing to implement the grouping's statement on 'Global Governance of Artificial Intelligence'.

'Bank Customers Have Become Demanding'

'Bank Customers Have Become Demanding'

Rediff.com15 Sep 2026

'Ultimately, banks are a channel for people to get some long-term return, and this means banks need to adjust their asset-liability mismatch.' 'Customers also need long-term deposits, say those of three-five years. How would they get them if returns on those deposits do not climb?' 'Otherwise, on fixed deposits, a senior citizen doesn't get anything.'

SC bench split on excluding CJI from law to appoint CEC

SC bench split on excluding CJI from law to appoint CEC

Rediff.com24 Sep 2026

A Supreme Court bench of Justices Dipankar Datta and Satish Chandra Sharma has given split opinions on whether pleas challenging the 2023 law for appointing the Chief Election Commissioner and Election Commissioners should be referred to a larger Constitution bench, citing a difference in views on the law's constitutional validity and the executive's role in selections.

How Satwik-Chirag Fought Back To Win China Masters Super 750

How Satwik-Chirag Fought Back To Win China Masters Super 750

Rediff.com6 Sep 2026

Star Indian men's doubles pair Satwiksairaj Rankireddy and Chirag Shetty secured the China Masters Super 750 title after a thrilling three-game comeback victory against China's He Ji Ting and Ren Xiang Yu. This marks their second title of the season and provides a significant confidence boost ahead of the upcoming Asian Games.

Bhupinder Hooda Slams UPI Fees, Demands Immediate Withdrawal

Bhupinder Hooda Slams UPI Fees, Demands Immediate Withdrawal

Rediff.com17 Sep 2026

Former Haryana Chief Minister Bhupinder Singh Hooda has criticised the newly introduced fees on UPI payments, stating they will lead to increased inflation for the common man. He dismissed government claims that customers would not be burdened, arguing that merchants would pass on the costs. Hooda demanded the immediate withdrawal of these fees, highlighting that the government's move contradicts its 'Digital India' initiative.

Indian Enterprises Boost AI Investment But Face Governance Challenges

Indian Enterprises Boost AI Investment But Face Governance Challenges

Rediff.com8 Sep 2026

A new report reveals that enterprise AI investment in India has surged by 119 per cent, exceeding the global average. However, only 22 per cent of Indian organisations have established adequate governance frameworks, creating a significant gap between rapid deployment and safe, scalable AI adoption. This lack of governance impacts operational depth and raises concerns about transparency, regulation, and data privacy.

BWF World Championships: Satwik-Chirag can beat anyone, but ...

BWF World Championships: Satwik-Chirag can beat anyone, but ...

Rediff.com5 Aug 2026

India's men's doubles coach Tan Kim Her has expressed concern over Satwiksairaj Rankireddy's recurring shoulder injury ahead of the BWF World Championships, despite the pair's recent Singapore Open victory.

How SBI Is Revolutionising Small Business Lending With UPI Data

How SBI Is Revolutionising Small Business Lending With UPI Data

Rediff.com11 Sep 2026

State Bank of India (SBI) is developing an innovative solution to assess the creditworthiness of small businesses lacking GST registration by utilising UPI transaction data. This initiative aims to provide end-to-end digital loans within a day, addressing the financial exclusion of many small enterprises.

Why Foreign Investors Are Missing India's Real Story

Why Foreign Investors Are Missing India's Real Story

Rediff.com2 Sep 2026

If India does get $100 billion a year in FDI, it would be a game-changer in every possible way. FPIs would come rushing back, AI or no AI, points out Debashis Basu.

Passenger Vehicle Exports Fall 17% in August Amid Domestic Sales Boom

Passenger Vehicle Exports Fall 17% in August Amid Domestic Sales Boom

Rediff.com16 Sep 2026

India's passenger vehicle (PV) exports saw a 17 per cent year-on-year decline in August, contrasting sharply with a 36.5 per cent surge in domestic dispatches, which reached a record high for the month as automakers prepared for the festive season.

The Prince And The Driver

The Prince And The Driver

Rediff.com16 Sep 2026

A Kishore Kumar song, a birthday cake, a prince's break from protocol to thank his driver, a Persian painting on the ceiling of the presidential residence -- the BRICS Summit had many memorable moments.

What Will Modi-Putin Discuss?

What Will Modi-Putin Discuss?

Rediff.com11 Sep 2026

One of the important topics of discussion between the two leaders is expected to be the Northern Sea Route and the Chennai-Vladivostok Maritime Corridor.

Congress Questions Government's UPI Fee Notification

Congress Questions Government's UPI Fee Notification

Rediff.com15 Sep 2026

The Congress party has criticised the government's recent notification regarding UPI transactions, alleging it paves the way for users to be charged fees, particularly for transactions above Rs 2,000. The party claims the government lacks transparency and questions if the move is to benefit American firms. The government, however, states that charges are necessary for the system's sustainability and infrastructure upgrades, with the Finance Minister clarifying that Merchant Discount Rate (MDR) applies to merchants, not customers.

'We Weren't Able to Convert': Satwik-Chirag Rue World Championships Loss

'We Weren't Able to Convert': Satwik-Chirag Rue World Championships Loss

Rediff.com22 Aug 2026

India's top men's doubles pair, Satwiksairaj Rankireddy and Chirag Shetty, expressed disappointment over their inability to convert attacking opportunities and losing the crucial battle over the first four shots and service, leading to their quarterfinal exit at the World Championships.

US Open PIX: Elena Rybakina overcomes Gauff; to face Aryna Sabalenka in final

US Open PIX: Elena Rybakina overcomes Gauff; to face Aryna Sabalenka in final

Rediff.com11 Sep 2026

Elena Rybakina overpowered Coco Gauff in a fierce US Open semi-final on Thursday to secure a title showdown with defending champion Aryna Sabalenka.

India's Aerospace Future Takes Flight With HAL Deliveries

India's Aerospace Future Takes Flight With HAL Deliveries

Rediff.com18 Sep 2026

State-run Hindustan Aeronautics Limited (HAL) has delivered LCA Tejas FOC twin-seater trainers and HTT-40 basic trainer aircraft to the Indian Air Force, and Dhruv Next Generation helicopters to Pawan Hans. This significant handover, attended by Defence Minister Rajnath Singh and Civil Aviation Minister K Rammohan Naidu, underscores India's progress towards self-reliance in aerospace, strengthening both military and civil aviation capabilities with indigenous platforms.

BRICS Summit 2026 Focuses On Practical Outcomes

BRICS Summit 2026 Focuses On Practical Outcomes

Rediff.com14 Sep 2026

The highlight of the successful BRICS Summit was its ability to deliver a joint statement that all members, including Iran and the United Arab Emirates, embroiled in the war in West Asia, signed.

IN-SPACe's Growing Role Raises ISRO Concerns

IN-SPACe's Growing Role Raises ISRO Concerns

Rediff.com16 Sep 2026

'IN-SPACe like an octopus is stretching its tentacles everywhere and choking ISRO.'

'We Get 4 Threats From Terrorists Every Month'

'We Get 4 Threats From Terrorists Every Month'

Rediff.com18 Sep 2026

'...in which our names are written with our phone numbers.'

Supreme Court: 1978 'Industry' Definition Not for 2020 Labour Code

Supreme Court: 1978 'Industry' Definition Not for 2020 Labour Code

Rediff.com20 Aug 2026

The Supreme Court, in a 6:3 majority verdict, has ruled that the expansive, labour-friendly definition of 'industry' from its 1978 Bangalore Water Supply and Sewerage Board judgement will not be used for interpreting the Industrial Relations Code of 2020. However, the 'triple test' from the 1978 verdict will still apply to pending cases under the now-repealed 1947 Industrial Disputes Act.

Rahul Gandhi Claims Modi Government Surrendering To US Pressure On UPI Charges

Rahul Gandhi Claims Modi Government Surrendering To US Pressure On UPI Charges

Rediff.com15 Sep 2026

Congress leader Rahul Gandhi has accused the Modi government of quietly paving the way for imposing fees on UPI transactions, alleging it's a surrender to American pressure. The government's recent notification exempts charges only up to Rs 2,000, sparking concerns that higher value transactions and eventually all UPI payments could incur fees. Finance Minister Nirmala Sitharaman, however, clarified that Merchant Discount Rate (MDR) applies to merchants, not customers, and supports digital infrastructure.

RBI Deputy Governor flags systemic risk from financial institutions' reliance on common tech providers

RBI Deputy Governor flags systemic risk from financial institutions' reliance on common tech providers

Rediff.com10 Sep 2026

Reserve Bank of India (RBI) Deputy Governor Rohit Jain has warned that financial institutions' increasing reliance on a small number of common technology providers, including cloud and AI model providers, could create a new source of systemic risk. He highlighted 'speed, concentration and opacity' as key risks, noting that a disruption at one provider could rapidly spread across multiple institutions, amplifying existing financial risks.