News for 'India Business Unit'

Will never...: Jaishankar on bid to hyphenate India, Pakistan

Will never...: Jaishankar on bid to hyphenate India, Pakistan

Rediff.com7 Jun 2025

India expects partners to understand its policy of 'zero tolerance' against terrorism, and it will never countenance 'perpetrators of evil' being put on par with its victims, External Affairs Minister S Jaishankar said on Saturday during extensive talks with his British counterpart David Lammy.

H1B Crisis: 'No Point Going To The US'

H1B Crisis: 'No Point Going To The US'

Rediff.com30 Sep 2025

'Every parent should rethink their decisions to send their children to the US.'

'We May Have Hiccups Now, On Track To Solving It'

'We May Have Hiccups Now, On Track To Solving It'

Rediff.com12 Sep 2025

'While the President has been critical of India, he has gone out of his way to compliment PM Modi. They have an incredible relationship.'

Aiming to list Jio in first half of 2026: Mukesh Ambani

Aiming to list Jio in first half of 2026: Mukesh Ambani

Rediff.com29 Aug 2025

Reliance Jio, India's biggest telecom operator, is planning to launch an initial public offering (IPO) and listing on bourses in the first half of 2026, billionaire Mukesh Ambani said on Friday. Jio is currently a unit of Reliance Industries Ltd, India's most valuable company.

50% tariff to severely hit exports of shrimp, apparel, diamonds and footwear

50% tariff to severely hit exports of shrimp, apparel, diamonds and footwear

Rediff.com27 Aug 2025

The USA's steep 50 per cent tariffs on Indian goods entering America will severely impact exports and job creation in labour-intensive export sectors such as shrimp, apparel, leather and gems and jewellery. Exporters said that the imposition of a 25 per cent penalty on India over and above the 25 per cent tariffs move will disrupt the flow of Indian goods to its largest export market.

Will RBI Governor Play Santa In December?

Will RBI Governor Play Santa In December?

Rediff.com3 Oct 2025

While the economy will wait for a rate cut in December, the banking industry should be happy with the wave of liberalisation -- a big push for growth in bank credit, points out Tamal Bandyopadhyay.

We've not had a US president who...: Jaishankar amid tariff war

We've not had a US president who...: Jaishankar amid tariff war

Rediff.com23 Aug 2025

The relations between New Delhi and Washington are on a downturn after Trump doubled tariffs on Indian goods to a whopping 50 per cent, including 25 per cent additional duties for India's purchase of Russian crude oil.

India skips UN resolution on Afghanistan, calls for fresh strategy

India skips UN resolution on Afghanistan, calls for fresh strategy

Rediff.com8 Jul 2025

India abstained from a UN General Assembly vote on a resolution regarding Afghanistan, citing the need for a balanced approach that combines incentives and disincentives, and calling for new initiatives to address the humanitarian crisis.

'New Delhi Can Hobnob With Moscow And Beijing, But...'

'New Delhi Can Hobnob With Moscow And Beijing, But...'

Rediff.com1 Sep 2025

'...it should not delude itself into thinking that India's security or its great-power ambitions will be advanced by those partnerships.'
'Instead, what India should focus on is on riding out the next three-and-a-half years of Trump's presidency with minimal damage to itself.'

Florida Governor Slams H-1B Visas As 'Total Scam'

Florida Governor Slams H-1B Visas As 'Total Scam'

Rediff.com28 Aug 2025

'Most of them (H-1Bs) are from one country, India, there's a cottage industry about how all those people make money off this system.'

Indian on student visa 'deceitfully recruited' into Russian army: Family

Indian on student visa 'deceitfully recruited' into Russian army: Family

Rediff.com16 Sep 2025

A 25-year-old Indian man who went to Russia on a student visa has allegedly been 'deceitfully' recruited into the Russian Army and pushed into the Russia-Ukraine conflict, his family claims. They are seeking the Indian government's help for his safe return.

'Future policy actions tied to the growth-inflation dynamic'

'Future policy actions tied to the growth-inflation dynamic'

Rediff.com1 Sep 2025

'Given the lag in transmission, further softening of lending rates may happen in the coming months.'

UK Stealth Fighter Jet Still With India

UK Stealth Fighter Jet Still With India

Rediff.com21 Jun 2025

While the peacetime stranding of a foreign fighter jet is rare in India, the F-35 -- a military asset of a foreign country with which India has strategic relations -- was being guarded by the Central Industrial Security Force, the agency responsible for security at Indian airports.

Auto retail sales dip 4% YoY in July; PVs, two-wheelers see drop in registrations

Auto retail sales dip 4% YoY in July; PVs, two-wheelers see drop in registrations

Rediff.com7 Aug 2025

Domestic automobile retail sales declined 4 per cent year-on-year in July amid drop in demand for passenger vehicles and two-wheelers, dealers' body FADA said on Thursday. Overall registrations dropped to 19,64,213 units last month, as compared to 20,52,759 units in July 2024.

'It's Becoming Very Difficult To Deal With America'

'It's Becoming Very Difficult To Deal With America'

Rediff.com26 Sep 2025

'New announcements are made every day which brings tremendous amount of instability and uncertainty.' 'Relying on America has become a big problem.'

States Seek Centre's Help To Deal With Trump's Tariffs

States Seek Centre's Help To Deal With Trump's Tariffs

Rediff.com2 Sep 2025

State governments have requested the Centre for export incentives, lifting of import duty in the case of cotton for the textile sector and GST exemptions.

'We will come together': Trump official amid tariffs

'We will come together': Trump official amid tariffs

Rediff.com27 Aug 2025

Describing the India-United States relationship as 'very complicated', US Treasury Secretary Scott Bessent on Wednesday hoped that 'at the end of the day, we will come together.'

US sanctions Indian companies over Iran oil trade

US sanctions Indian companies over Iran oil trade

Rediff.com31 Jul 2025

The United States has imposed sanctions on at least half a dozen Indian companies accused of trading in Iranian petroleum and petrochemicals as part of broader action targeting 20 entities worldwide.

'Trump Will Unite America Provided...'

'Trump Will Unite America Provided...'

Rediff.com22 Jan 2025

'...he keeps his campaign promises, does what he said he will do which led to his huge victory.'

Reliance to acquire Metro AG's India business for Rs 2,850 crore

Reliance to acquire Metro AG's India business for Rs 2,850 crore

Rediff.com22 Dec 2022

Reliance Industries Ltd will acquire German firm Metro AG's wholesale operations in India for Rs 2,850 crore as the conglomerate run by billionaire Mukesh Ambani seeks to strengthen its dominant position in India's mammoth retail sector. "Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries Ltd, signed definitive agreements to acquire a 100 per cent equity stake in Metro Cash & Carry India for a total cash consideration of Rs 2,850 crore, subject to closing adjustments," said a joint statement. Through this acquisition, Reliance Retail will get access to a network of Metro India stores located in prime locations across key cities, along with a large base of registered kiranas and other institutional customers, and a strong supplier network.

Less than one-third of new-age Indian IPOs beat market benchmarks: Report

Less than one-third of new-age Indian IPOs beat market benchmarks: Report

Rediff.com14 Aug 2025

India's 25 venture capital and private equity backed "new-age" companies, that listed between May 2020 and June 2025, reveals a sobering reality behind the hype: barely a third have delivered sustained outperformance against the market.

'Simplicity, Vision, Love For Nation. That Is Modi'

'Simplicity, Vision, Love For Nation. That Is Modi'

Rediff.com17 Sep 2025

'With tears in his eyes, he told me in Gujarati, "What have they done to this country? It has so much potential." That feeling for the country -- it was striking.'

'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.'

Swraj Paul Passes Into The Ages

Swraj Paul Passes Into The Ages

Rediff.com22 Aug 2025

Lord Paul, founder of the UK-based Caparo Group of industries, had been taken ill and hospitalised recently, where he passed away surrounded by members of his family.

Do You Know Aamir Khan's Super Plan?

Do You Know Aamir Khan's Super Plan?

Rediff.com20 Aug 2025

At 8,700 screens, India, the world's largest film producing country, has just six screens for every million of its people, compared to 125 in the US and 30 in China. With Sitaare Zameen Par, Aamir Khan hopes to expand the market for Indian cinema.

Gandhi Called Him 'Father Of The Nation'

Gandhi Called Him 'Father Of The Nation'

Rediff.com5 Sep 2025

On his 200th birth anniversary, Utkarsh Mishra traces the life, thought, and legacy of Dadabhai Naoroji, the Grand Old Man of India.

Trump's Tariffs: 3 Million Tamil Nadu Jobs At Risk

Trump's Tariffs: 3 Million Tamil Nadu Jobs At Risk

Rediff.com26 Aug 2025

The textile and apparel sector is India's second-largest employment provider, after agriculture, and it is now caught in a wave of uncertainty following the Donald Trump administration's tariff policy.

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's BPO Industry Gets AI Makeover

India's BPO Industry Gets AI Makeover

Rediff.com29 May 2025

Call centres, once the engine room of India's BPO exports, are evolving too. Depending on the complexity, 30 to 50 per cent of voice and chat volumes are now handled by conversational AI.

Has India offered to drop all tariffs on American goods?

Has India offered to drop all tariffs on American goods?

Rediff.com15 May 2025

US President Donald Trump on Thursday claimed that India has offered to drop all tariffs on American goods. Speaking at a business roundtable in Doha, Trump also said he had a "little problem" with Tim Cook, and he told the Apple CEO that he does not want him to build iPhones in India.

'Have Modi And Trump Fallen Out?'

'Have Modi And Trump Fallen Out?'

Rediff.com20 Aug 2025

'We should watch -- in the near term -- for signs that the two have totally fallen out at a personal, political level.' 'Trump and Modi know how to be dealmakers, but they also know how to hold a grudge.'

Farewell MiG-21. Flying Legend, IAF's Soul

Farewell MiG-21. Flying Legend, IAF's Soul

Rediff.com26 Sep 2025

The MiG-21's sharp silhouette and supersonic roar will live on in the memories of those who flew it, those who maintained it, and those who watched it streak across the sky as a symbol of India's strength, asserts IAF veteran Air Commodore Nitin Sathe (retd).

Wockhardt exits US generics biz, to focus on innovation

Wockhardt exits US generics biz, to focus on innovation

Rediff.com12 Jul 2025

Mumbai-based pharma major Wockhardt, which is gearing up to launch its promising antibiotic candidate Zaynich soon, on Friday announced a shift in its United States (US) operations. The Indian pharma giant revealed that it has decided to exit the generics pharmaceutical segment in the country.

With ML and AI, IBM shows the fight is not over for mainframes

With ML and AI, IBM shows the fight is not over for mainframes

Rediff.com17 Apr 2025

This innovation has made mainframes the fastest-growing segment within IBM's Infrastructure business, demonstrating that even legacy technologies can continue to deliver value.

Will GST 2.0 Fix Deeper Weaknesses?

Will GST 2.0 Fix Deeper Weaknesses?

Rediff.com3 Sep 2025

GST 2.0 may cushion consumers against US tariffs, but like the 2019 corporate tax cut, it risks being another tactical fix rather than a structural growth strategy, expects Debashis Basu.

Dubai Crown Prince to visit India on April 8-9

Dubai Crown Prince to visit India on April 8-9

Rediff.com7 Apr 2025

The Crown Prince of Dubai, Sheikh Hamdan bin Mohammed Al Maktoum, will visit India on April 8-9, during which he will meet Prime Minister Narendra Modi, hold talks with External Affairs Minister S Jaishankar and Defence Minister Rajnath Singh, and participate in a business roundtable seeking to bolster India-United Arab Emirates ties.

Air India crash: Focus shifts to decoding black box

Air India crash: Focus shifts to decoding black box

Rediff.com19 Jun 2025

A week after the devastating Air India plane crash in Ahmedabad claimed 270 lives, investigators on Thursday continued to sift for clues to ascertain the cause, while the government said the Aircraft Accident Investigation Bureau will decide where to decode the black box of the ill-fated Dreamliner.

Big Tech May Miss Out on IndiaAI Mission Support

Big Tech May Miss Out on IndiaAI Mission Support

Rediff.com12 Jun 2025

'Taxpayers' money cannot be given to these companies which can access the market and buy GPUs at a competitive price from any vendor.'

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.

Indians can now get UAE's Golden Visa at Rs 23 lakh

Indians can now get UAE's Golden Visa at Rs 23 lakh

Rediff.com7 Jul 2025

Until now, one of the ways to get Dubai's Golden Visa from India was to invest in property whose value should be at least AED Two Million (Rs 4.66 crore), or invest a large amount in business in the country.