News for 'Goods and Services'

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

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

Rediff.com5 days ago

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.

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.

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.

The Prince And The Driver

The Prince And The Driver

Rediff.com5 days ago

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.

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.

Congress Questions Government's UPI Fee Notification

Congress Questions Government's UPI Fee Notification

Rediff.com6 days ago

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.

India's Aerospace Future Takes Flight With HAL Deliveries

India's Aerospace Future Takes Flight With HAL Deliveries

Rediff.com2 days ago

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.

'We Get 4 Threats From Terrorists Every Month'

'We Get 4 Threats From Terrorists Every Month'

Rediff.com3 days ago

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

'India Should Stop Listening To The US'

'India Should Stop Listening To The US'

Rediff.com5 hours ago

'If you listen to a rowdy in a class, he will keep on bullying you.' 'India can say do whatever you want. We will not compromise on anything.'

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.

IN-SPACe's Growing Role Raises ISRO Concerns

IN-SPACe's Growing Role Raises ISRO Concerns

Rediff.com5 days ago

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

BRICS Summit 2026 Focuses On Practical Outcomes

BRICS Summit 2026 Focuses On Practical Outcomes

Rediff.com6 days ago

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.

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.

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.

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.com6 days ago

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.

Geopolitical Tensions, Rising Oil Prices Drag Down Indian IT Stocks

Geopolitical Tensions, Rising Oil Prices Drag Down Indian IT Stocks

Rediff.com8 Sep 2026

Indian information technology (IT) stocks, led by Infosys, experienced a significant selloff, dragging the Nifty to a two-month low, primarily due to escalating West Asian tensions pushing crude oil prices higher, and concerns over upcoming large IPOs diverting funds from secondary markets. The sector is also grappling with the long-term implications of AI disruption.

Oversupply Looms: India's Cement Sector Braces for Pricing Pressure

Oversupply Looms: India's Cement Sector Braces for Pricing Pressure

Rediff.com5 days ago

India's cement industry is on the brink of an oversupply situation as aggressive capacity expansion by major players is set to outpace demand growth over the next two financial years, potentially leading to pricing pressures and moderated utilisation rates.

RBI likely to hike rates by 50 bps as inflation breaches tolerance band

RBI likely to hike rates by 50 bps as inflation breaches tolerance band

Rediff.com5 days ago

Economists widely anticipate the Reserve Bank of India's Monetary Policy Committee will increase the repo rate by 50 basis points, likely split between the October and December meetings, as retail inflation is projected to peak at 6.1 per cent in the third quarter, exceeding the RBI's tolerance limit.

Want An '80s Makeover? Try These Prompts For Instagram's Viral AI Trend

Want An '80s Makeover? Try These Prompts For Instagram's Viral AI Trend

Rediff.com9 Sep 2026

Remember when photographs had film grain, hairstyles had volume and nobody had to worry about accidentally taking 47 identical selfies? The 1980s are back on Instagram, thanks to AI.

'Growth Is For 3%-4%. 96% Are Suffering'

'Growth Is For 3%-4%. 96% Are Suffering'

Rediff.com8 Sep 2026

'They are claiming that they are very good in governance. All governments do propaganda. This is the propaganda of the government that they are doing very well, in spite of all the troubles.'

Delhi gears up for BRICS summit with extensive makeover

Delhi gears up for BRICS summit with extensive makeover

Rediff.com11 Sep 2026

Central Delhi has undergone a significant beautification drive, including extensive lighting, floral displays, and BRICS-themed signages, in preparation for the upcoming BRICS Leaders' Summit. The New Delhi Municipal Council (NDMC) and other civic bodies have focused on sprucing up key routes, hotels, and the summit venue, Bharat Mandapam, to welcome delegates and visitors.

'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.

'Growth Is For 3%-4%. 96% Are Suffering'

'Growth Is For 3%-4%. 96% Are Suffering'

Rediff.com8 Sep 2026

'They are claiming that they are very good in governance. All governments do propaganda. This is the propaganda of the government that they are doing very well, in spite of all the troubles.'

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.

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.

Why TCS Made Big Porsche Bet

Why TCS Made Big Porsche Bet

Rediff.com1 Sep 2026

'Across the entire value chain, we will be able to industrialise AI adoption, and that is the main purpose of the deal.'

Government Coaching Plan May Pressure Coaching Centres

Government Coaching Plan May Pressure Coaching Centres

Rediff.com27 Aug 2026

'If a student can get a good teacher, quality content and mock tests at no cost, it becomes very hard for a mid-tier coaching centre to keep charging for the same lecture.'

India's Trade Deficit Widens to $31.98 Billion in July Amid Import Surge

India's Trade Deficit Widens to $31.98 Billion in July Amid Import Surge

Rediff.com14 Aug 2026

India's trade deficit reached a six-month high of $31.98 billion in July, driven by a sharp increase in imports, particularly crude oil, electronic goods, coal, and fertilisers. Both merchandise exports and imports recorded their second-highest levels during the same period.

BRICS 2026: India's Chance To Make Diplomatic Gains

BRICS 2026: India's Chance To Make Diplomatic Gains

Rediff.com12 Sep 2026

For India, the goal is not simply to host another grand diplomatic gathering. It is to prove that a diverse coalition of emerging powers can still deliver.

'West Bengal Doesn't Need To Experiment With The Bulldozer'

'West Bengal Doesn't Need To Experiment With The Bulldozer'

Rediff.com8 Sep 2026

'We have a very demanding electorate which expects us to do something. So we will have to do something which is a bit out of the ordinary while at the same time keeping in mind the risk factors.'

Apple's iPhone 18 Series, Foldable Duo See Significant Price Hikes in India

Apple's iPhone 18 Series, Foldable Duo See Significant Price Hikes in India

Rediff.com11 Sep 2026

Apple's upcoming iPhone 18 lineup is set to cost 20 to 43 per cent more in India, primarily due to rising global memory component costs and a depreciating rupee, while the new foldable iPhone Duo will be priced between Rs 3 lakh and Rs 4.5 lakh, matching the cost of some hatchback cars.

FPIs flock to financials, extend buying spree in IT sector in early August

FPIs flock to financials, extend buying spree in IT sector in early August

Rediff.com21 Aug 2026

Foreign portfolio investors (FPIs) significantly increased their buying in Indian equities during the first half of August, with financial services attracting the largest inflows, reversing previous outflows. The IT sector also continued to see strong interest from overseas investors, driven by a reassessment of valuations and the role of Indian IT firms in AI deployment.

Why UPI Should Be Kept Free

Why UPI Should Be Kept Free

Rediff.com31 Aug 2026

Making UPI payments fee-based for some transactions could enhance mental reservations against digital payments -- which have largely been overcome -- once more. Do we want to regress?, asks R Jagannthan.

Skip The iPhone Duo, Take These International Trips Instead

Skip The iPhone Duo, Take These International Trips Instead

Rediff.com11 Sep 2026

Rs 299,900 can buy you Apple's first foldable iPhone. Or it can buy you a passport full of memories, a suspiciously large holiday wardrobe and enough airport coffee to develop a personality.

Hindu Outfit's Visit Provokes Eiffel Staff Strike

Hindu Outfit's Visit Provokes Eiffel Staff Strike

Rediff.com9 Sep 2026

Eiffel Tower employees launched a strike, leading to the iconic landmark's closure, after allegations surfaced that female staff were asked to vacate their posts during a visit by the Hindu religious organisation BAPS.

Govt allows FDI in inventory-based e-commerce model only for export purposes

Govt allows FDI in inventory-based e-commerce model only for export purposes

Rediff.com23 Jul 2026

The Indian government has permitted Foreign Direct Investment (FDI) in an inventory-based e-commerce model exclusively for the export of domestically manufactured or produced goods, aiming to boost outbound shipments without affecting small local retailers.

Govt defends new GDP estimates, says revisions reflect data upgrades, not higher growth by design

Govt defends new GDP estimates, says revisions reflect data upgrades, not higher growth by design

Rediff.com2 Sep 2026

India's statistics ministry has defended its newly released economic growth estimates, stating that revisions to last year's GDP and the divergence between different price measures reflect updated data and estimation techniques rather than an attempt to artificially boost headline growth.

Chelsea bolster squad with Argentina's World Cup winner Martinez from Aston Villa

Chelsea bolster squad with Argentina's World Cup winner Martinez from Aston Villa

Rediff.com30 Aug 2026

Chelsea have completed the signing of World Cup-winning goalkeeper Emiliano 'Dibu' Martinez from Aston Villa on a three-year deal, strengthening their squad ahead of the new season.

Why Tata Must Put The Group Before Individuals

Why Tata Must Put The Group Before Individuals

Rediff.com31 Aug 2026

Corporate leaders' half-life has shrunk over the past few decades. That is the Tata experience as well. Over 144 years till 2012, Tata Sons had just five chairmen. However, in the 15 years till 2027, the same group will see three, points out R Gopalakrishnan.