News for 'Goods and Services'

Beverage firms seek removal of 'sin good' tag

Beverage firms seek removal of 'sin good' tag

Rediff.com28 Aug 2025

Amid the impending rejig in the goods and services tax (GST) rates, an association representing the country's beverages industry has appealed to the Centre to not classify aerated beverages as sin/demerit good and bring it under the 18 per cent slab while citing their "mass consumption" as a reason.

India suspends postal services to US amid new customs rules

India suspends postal services to US amid new customs rules

Rediff.com23 Aug 2025

Under an Executive Order issued by the US administration on July 30, 2025, goods valued above USD 100 will be subject to customs duties in America with effect from August 29 onwards.

How C-60 Broke The Back of Naxalism In Gadchiroli

How C-60 Broke The Back of Naxalism In Gadchiroli

Rediff.com12 Feb 2026

Once the might of the Indian establishment turned completely against the Maoists, there was no way they could survive -- either in Gadchiroli or anywhere else, points out M R Narayan Swamy.

One title can change everything: Satwik-Chirag

One title can change everything: Satwik-Chirag

Rediff.com12 Jan 2026

The Indian men's doubles pair of Satwiksairaj Rankireddy and Chirag Shetty on Monday said "one breakthrough title" can reignite a strong run as they look to revive their glory days at the USD 950,000 India Open Super 750.

Baramati crash due to 'missed approach', says aircraft owner

Baramati crash due to 'missed approach', says aircraft owner

Rediff.com29 Jan 2026

The owner of VSR Ventures, whose aircraft carrying Maharashtra Deputy Chief Minister Ajit Pawar crashed, suggests the pilot initiated a 'missed approach' due to poor visibility. The owner vouches for the pilot's experience and the aircraft's maintenance.

Train ferrying oil catches fire in Tamil Nadu, services disrupted

Train ferrying oil catches fire in Tamil Nadu, services disrupted

Rediff.com13 Jul 2025

A moving goods train carrying diesel caught fire on Sunday at Tiruvallur in northern Tamil Nadu severely affecting train services on the arterial Chennai-Arakkonam rail route, which also links Chennai with Karnataka, Kerala and Andhra Pradesh, officials said.

10 WORST Ingredients For Skin and Hair

10 WORST Ingredients For Skin and Hair

Rediff.com16 Feb 2026

Though some ingredients such as mild odours or silicones might not be actually harmful, others such as sulphates, parabens or formaldehyde releasers can result in skin irritation, hormonal imbalances and skin barrier damage, advises Dr Ameesha Mahajan.

Is It Safe To Remove Your Wisdom Tooth?

Is It Safe To Remove Your Wisdom Tooth?

Rediff.com29 Jan 2026

Dentists recommend proactive removal of wisdom tooth when they see a high risk of future issues like crowding, decay or cysts, explains rediffGURU Dr Shyam Jamalabad.

Tina Dabi Flag Hoisting Video Goes Viral, IAS Officer Explains What Went Wrong

Tina Dabi Flag Hoisting Video Goes Viral, IAS Officer Explains What Went Wrong

Rediff.com27 Jan 2026

A video of IAS officer Tina Dabi during flag hoisting has gone viral. She explains how the mistake happened and clears the air.

GST Council To Consider 5% GST For Air, Water Purifiers

GST Council To Consider 5% GST For Air, Water Purifiers

Rediff.com12 Jan 2026

Any reduction on purifiers would need consensus among state finance ministers.

IndiGo moves Delhi HC seeking Rs 900 crore Customs duty refund

IndiGo moves Delhi HC seeking Rs 900 crore Customs duty refund

Rediff.com13 Dec 2025

InterGlobe Aviation, the operator of IndiGo, has approached the Delhi high court seeking a refund of over Rs 900 crore it claims to have paid as Customs duty on aircraft engines and parts re-imported into India after overseas repairs. The petition came up for hearing on Friday before a bench of Justices Prathiba M Singh and Shail Jain.

Their Dreams Died With Pinky On The Tarmac At Baramati

Their Dreams Died With Pinky On The Tarmac At Baramati

Rediff.com9 Feb 2026

It isn't easy for a girl from Gopal Nagar to chase a dream. But Pinky was extremely determined. A force unto herself, she was going to go places. Literally. Till it abruptly ended one morning on the tarmac at Baramati airport.

Duty hikes to dent cigarette volumes by 6-8% in FY27: Crisil Ratings

Duty hikes to dent cigarette volumes by 6-8% in FY27: Crisil Ratings

Rediff.com29 Jan 2026

The domestic cigarette industry is expected to see a 6-8 per cent volume contraction next fiscal following the imposition of additional excise duties and increase in goods and services tax (GST) rates from February 1, Crisil Ratings said on Wednesday.

Bajaj Auto logs best quarterly earnings in Q3

Bajaj Auto logs best quarterly earnings in Q3

Rediff.com31 Jan 2026

Two-wheeler (2W) major Bajaj Auto on Friday posted its highest ever quarterly revenue and profit during the third quarter of 2025-26 (Q3FY26). Bajaj Auto's consolidated net profit for the quarter grew by 25 per cent year-on-year (Y-o-Y) to Rs 2,749 crore, with the revenue also growing 23 per cent to Rs 16,204 crore.

Modi, Merz set for Ahmedabad talks amid rising global tensions

Modi, Merz set for Ahmedabad talks amid rising global tensions

Rediff.com11 Jan 2026

In their talks, Modi and Merz are likely to deliberate on trade and investment ties as New Delhi is looking at deepening economic engagement with Europe against the backdrop of Washington's 50 percent tariff on Indian goods, people familiar with the matter said.

Diabetics Can Eat Fruits But....

Diabetics Can Eat Fruits But....

Rediff.com16 Jan 2026

rediffGURU Komal Jethmalani, a nutritionist with nearly three decades of experience, suggests how to make the right diet and lifestyle choices to keep blood sugar under check.

Value of CDs climbs to Rs 5.75 trn, rates cross 7% for marquee banks

Value of CDs climbs to Rs 5.75 trn, rates cross 7% for marquee banks

Rediff.com26 Jan 2026

Banks are depending more heavily on the market for certificates of deposit (CDs), whose worth climbed to a record Rs 5.75 trillion in the fortnight to January 15, owing to deposit tightness in the system.

Budget 2026: Key numbers to be watched

Budget 2026: Key numbers to be watched

Rediff.com1 Feb 2026

Here are the key numbers to watch out for in the Union Budget for 2025-26:

Upset at Nationals: Poonam stuns defending champ Sakshi

Upset at Nationals: Poonam stuns defending champ Sakshi

Rediff.com8 Jan 2026

Former Youth World Championships gold medallist Poonam Poonia produced a fearless display to hand defending 54kg champion Sakshi Chaudhary a shock defeat, causing the first major upset of the National Boxing Championships in Greater Noida on Thursday.

Nirmala Sitharaman: 'Focus Of Budget Was To Keep Stable Growth Going'

Nirmala Sitharaman: 'Focus Of Budget Was To Keep Stable Growth Going'

Rediff.com6 Feb 2026

'We kept this Budget on a larger plank, rather than on one incident, however serious.'

Lessons To Learn From The Tatas

Lessons To Learn From The Tatas

Rediff.com30 Jan 2026

Usually, in the western view, corporate success is attributed to efficiency, organisational structure, and scale. R Gopalakrishnan and Harish Bhat argue that philosophy, culture, and the transmission of values are more important for sustaining growth and profitability of an enterprise over a period of time.

Industry confidence hits five-qtr high in Oct-Dec: CII survey

Industry confidence hits five-qtr high in Oct-Dec: CII survey

Rediff.com19 Jan 2026

Business confidence in India Inc rose to a five-quarter high in December quarter of FY26, amid further reform expectations and steady domestic demand, a survey by industry body Confederation of Indian Industry (CII) showed. The CII Business Confidence Index (BCI) rose for the third consecutive quarter to 66.5 in the December quarter from 66 in the preceding September quarter.

How insurers stand to gain from GST rate cut

How insurers stand to gain from GST rate cut

Rediff.com4 Dec 2025

The exemption of individual life and health insurance premiums from the Goods and Services Tax (GST) enables the insurance industry to make products affordable and attractive, said Ajay Seth, chairman of Insurance Regulatory and Development Authority of India (Irdai) at the Business Standard BFSI Insight Summit 2025.

In-form Sarfaraz notches up his 17th first-class century

In-form Sarfaraz notches up his 17th first-class century

Rediff.com22 Jan 2026

Sarfaraz Khan and Siddhesh Lad compiled superlative hundreds to power table-toppers Mumbai to a commanding 332 for 4 on Day 1 of their Ranji Trophy match against hosts Hyderabad on Thursday.

Baramati plane crash: ILS could have averted tragedy, says expert

Baramati plane crash: ILS could have averted tragedy, says expert

Rediff.com28 Jan 2026

An aviation expert suggests that the Baramati plane crash, which resulted in the death of Maharashtra Deputy Chief Minister Ajit Pawar and four others, might have been avoided if the airport runway had been equipped with an instrument landing system (ILS). The expert also emphasized the importance of preserving evidence at the crash site for the ongoing investigation.

BJP MP displays artificial legs in RS, appeals to Opposition

BJP MP displays artificial legs in RS, appeals to Opposition

Rediff.com2 Feb 2026

BJP MP C Sadanandan Master addressed the Rajya Sabha, appealing for unity and highlighting the government's achievements while raising concerns about migration in Kerala.

Infra investment likely to climb, consumption growth may plateau

Infra investment likely to climb, consumption growth may plateau

Rediff.com8 Jan 2026

Supported by strong buoyancy in public sector capital expenditure (capex), growth in infrastructure investment is expected to accelerate in 2025-26 (FY26) compared to 2024-25 (FY25), according to the First Advance Estimates of gross domestic product (GDP) for FY26 released by the National Statistics Office (NSO) on Wednesday.

Ukraine war to end? Zelenskyy announces trilateral meet in UAE

Ukraine war to end? Zelenskyy announces trilateral meet in UAE

Rediff.com23 Jan 2026

Zelenskyy also stated that documents being drafted with Washington, DC to end the war were close to completion.

Why Budget 2026 Deserves 8.5/10

Why Budget 2026 Deserves 8.5/10

Rediff.com2 Feb 2026

This is the first Budget in my memory of Budgets over the last half a century which has embraced upfront, enthusiastically and emphatically, technology, modernity and fiscal sobriety, notes Shreekant Sambrani.

Life insurers may face VNB margin squeeze

Life insurers may face VNB margin squeeze

Rediff.com20 Jan 2026

The loss of input tax credit (ITC) following the rationalisation of the goods and services tax (GST) on individual life and health insurance from 18 per cent to nil is may weigh on the profits of life insurers in the third quarter (Q3) of 2025-26 (FY26).

New GDP series to improve informal sector estimates

New GDP series to improve informal sector estimates

Rediff.com1 Jan 2026

India's new national accounts will leverage new data sources and surveys to enhance the measurement of the country's informal economy, and introduce double deflation methods across sectors, replacing the current system that relies on a single deflation mechanism in Gross Domestic Product (GDP) calculations.

Healthcare IPOs See A Surge In 2025

Healthcare IPOs See A Surge In 2025

Rediff.com8 Jan 2026

The surge has come alongside a decline in average issue sizes and more muted listing-day returns compared with last year.

Where Hiring Will Take Place In 2026

Where Hiring Will Take Place In 2026

Rediff.com19 Jan 2026

'Headcount expansion is more likely in revenue-linked and product-critical teams than in broad based hiring.'

Rising cost of goods, services affecting purchasing decisions in India: EY report

Rising cost of goods, services affecting purchasing decisions in India: EY report

Rediff.com11 May 2022

A majority of the Indian consumers are bullish about their financial situation in the next one year, but have raised concerns over rising cost of goods and services, which is affecting their purchasing decisions, according to an EY report. Moreover, uncertainty around managing rising living costs is driving over 80 per cent in India to save more money, said the findings of the ninth edition of the EY Future Consumer Index for India. The Index for India reaffirms the "positive outlook" of the Indian consumers as 77 per cent expect positive changes in the financial situation, in the next one year.

How India Is Rewriting Its FTA Playbook

How India Is Rewriting Its FTA Playbook

Rediff.com28 Jan 2026

India has been on an FTA-signing spree of late. Since 2021, it has signed eight trade agreements, three of which -- with the UK, Oman and New Zealand -- were finalised in 2025 alone.

8 Healthy Facts About Peas

8 Healthy Facts About Peas

Rediff.com20 Jan 2026

Why you should eat peas.

GST rate cuts spur credit growth in banking sector in Q3 FY26

GST rate cuts spur credit growth in banking sector in Q3 FY26

Rediff.com7 Jan 2026

Banking sector has witnessed healthy growth in advances in the third quarter of financial year 2026 (Q3FY26) against the same period last year, as the full impact of goods and service tax (GST) rate cuts drove growth. Most of the lenders saw their credit growth outpace the deposit growth in the quarter.

Budget 2026: 'Increased Industrialisation Will Lead To More Jobs'

Budget 2026: 'Increased Industrialisation Will Lead To More Jobs'

Rediff.com28 Jan 2026

'The trade deficit in some sectors is huge and that is an area of opportunity to localise.'

Two goods trains derail in Jharkhand; several express trains cancelled

Two goods trains derail in Jharkhand; several express trains cancelled

Rediff.com9 Aug 2025

Two goods trains derailed in Jharkhand's Seraikela-Kharswan district, leading to the cancellation and diversion of several express and passenger trains.

Jamwal stuns Shiva as Nikhat, Lovlina cruise at boxing nationals

Jamwal stuns Shiva as Nikhat, Lovlina cruise at boxing nationals

Rediff.com5 Jan 2026

The 23-year-old Jamwal registered a comprehensive unanimous decision victory over Assam's Shiva, underlining his emergence from the shadow of his senior compatriot.