News for 'India Business Unit'

'Whatever We Have, That Is Being Taken Away By The Government'

'Whatever We Have, That Is Being Taken Away By The Government'

Rediff.com25 Sep 2025

'The government is distributing land in Ladakh as if they are selling cinema hall tickets.'

'The door is always open for Chhetri'

'The door is always open for Chhetri'

Rediff.com17 Aug 2025

Newly appointed India head coach Khalid Jamil on Sunday cleared the air about the leaving out of talismanic striker Sunil Chhetri from the CAFA Nations Cup national camp, saying it was just a preparatory tournament for the crucial Asian Cup qualifying round matches in October.

US tariff shock puts MSMEs at risk

US tariff shock puts MSMEs at risk

Rediff.com9 Aug 2025

India's micro, small and medium enterprises (MSMEs) - which contribute over 45 per cent to outbound shipments - are facing a major disruption following the United States (US) decision to impose 50 per cent additional tariffs on the country's exports. MSME industry bodies have raised an alarm over the deep impact, seeking immediate government intervention.

India rubbing US wrong way by buying Russian arms: Lutnick

India rubbing US wrong way by buying Russian arms: Lutnick

Rediff.com3 Jun 2025

"For instance, you generally buy your military gear from Russia. That's a way to kind of get under the skin of America, if you go to buy your armaments from Russia."

Why Parsiana Is Downing Shutters

Why Parsiana Is Downing Shutters

Rediff.com23 Sep 2025

'Financially we are sound and we have always broken even. 'It is just we don't have the personnel and that is why we have to close down.'

Should You Go For FoF?

Should You Go For FoF?

Rediff.com10 Sep 2025

'First-time investors, busy professionals, NRIs and those with modest sums looking for curated strategies may find FoFs especially appealing.'

Is AI Wiping Out Entry Level Jobs?

Is AI Wiping Out Entry Level Jobs?

Rediff.com14 Aug 2025

Generative AI is transforming workplaces but at a cost -- there are fewer jobs for young workers just entering the workforce, reveals a Goldman Sachs report.

Amazon to shut down distribution unit in India, focus on core businesses

Amazon to shut down distribution unit in India, focus on core businesses

Rediff.com28 Nov 2022

Amazon India has decided to shut down 'Amazon Distribution', according to sources. This follows its recent decision to shut its food delivery and edtech offerings. The moves are part of the annual operating planning review process amid global macroeconomic uncertainty. The e-commerce giant is looking to focus on its core businesses, sources said.

'Let Your Actions And Achievements Prove Your Value'

'Let Your Actions And Achievements Prove Your Value'

Rediff.com29 Jul 2025

Bollywood actor Vivek Oberoi has shared details about his journey from film stardom to becoming a successful global entrepreneur. In an article for Rolling Stone, which he also posted on social media platform X (formerly Twitter), Oberoi explained how stepping away from fame helped him focus, grow, and build a lasting legacy.

Do Gold and Index ETFs Actually Deliver?

Do Gold and Index ETFs Actually Deliver?

Rediff.com23 Aug 2025

When we talk about Exchange-Traded Funds (ETFs), a few of their features that strike our mind are their low cost, easy-to-understand composition, and simple trading. While Index ETFs have always been popular among investors, Gold ETFs have garnered interest in recent years due to gold prices fluctuating near their all-time highs. But from a long-term investing context, do these ETFs really deliver?

'If We Want India To Be A Source Of New Ideas...'

'If We Want India To Be A Source Of New Ideas...'

Rediff.com23 Jun 2025

'Despite being a software powerhouse, we're not producing proportionate original IP, frameworks, or global tech products originating in India.'

Expect India-US trade deal in not-too-distant future: US Commerce Secretary Howard Lutnick

Expect India-US trade deal in not-too-distant future: US Commerce Secretary Howard Lutnick

Rediff.com3 Jun 2025

Secretary of Commerce Howard Lutnick has said one should expect a trade deal between India and the US in the "not-too-distant future" as the two countries have found a place that works for them. "So the idea is when they put the right person and India put the right person on the other side of the table, and we've managed, I think, to be in a very, very good place," Lutnick said in his keynote address at the eighth edition of the US-India Strategic Partnership Forum (USISPF) Leadership Summit in Washington on Monday.

'Trump Is Frustrated'

'Trump Is Frustrated'

Rediff.com4 Aug 2025

'What India has done will surely embolden more countries to stand up to Trump.'

Why D-Street is positive on 2-wheeler stocks

Why D-Street is positive on 2-wheeler stocks

Rediff.com10 Sep 2025

Given the stronger rural activity, and potential goods and services tax (GST) impact, investors are bullish on the two-wheeler (2W) segment. In August, dealers in the domestic market picked up 11 per cent more 2Ws year-on-year (Y-o-Y), despite only 2 per cent growth in retail registrations. This indicates inventory stocking ahead of the festival season. Export trends were good. TVS Motor and Royal Enfield may have gained domestic market share.

Guess how much salary Anant Ambani will draw as executive director of RIL

Guess how much salary Anant Ambani will draw as executive director of RIL

Rediff.com30 Jun 2025

Anant Ambani, the youngest son of billionaire Mukesh Ambani and the first among three siblings to be appointed executive director on flagship Reliance Industries, will be paid Rs 10-20 crore salary annually plus a host of perks including a commission on company profits, according to a shareholder notice. While the richest Asian's all three children - twins Akash and Isha, and Anant - were inducted on board of the oil-to-telecom-and-retail conglomerate in 2023 as non-executive directors, the youngest of the three was in April this year appointed executive director of Reliance Industries Ltd.

'India Is Where The Action Is'

'India Is Where The Action Is'

Rediff.com20 May 2025

'Pakistan is no longer a front-burner issue for America.'

EPS Shows BJP Who Is The Boss in Tamil Nadu

EPS Shows BJP Who Is The Boss in Tamil Nadu

Rediff.com9 Sep 2025

'The EPS camp feels assertiveness will help the AIADMK keep the BJP's seat-share ambitions to the minimum,' observes N Sathiya Moorthy.

India's GDP growth revised downward to 6.3% for 2025

India's GDP growth revised downward to 6.3% for 2025

Rediff.com17 May 2025

India's economic growth forecast for 2025 has been revised downward to 6.3 per cent, and despite a projected moderation, the country remains one of the fastest-growing large economies, supported by resilient consumption and government spending, the United Nations has said.

Arjun, Praggnanandhaa disappoint in Freestyle Chess

Arjun, Praggnanandhaa disappoint in Freestyle Chess

Rediff.com21 Jul 2025

Arjun Erigaisi and R Praggnanandhaa finished in sixth and seventh position respectively, even as Grandmaster Levon Aronian of the United States reigned supreme in the Freestyle Chess Grand Slam.

Adani Group to invest $5-20 bn over next 5 years

Adani Group to invest $5-20 bn over next 5 years

Rediff.com24 Jun 2025

The Adani Group plans to invest a record $15-20 billion across businesses over the next five years to chart out the next phase of growth, chairman Gautam Adani said on Tuesday as he touted the conglomerate's strong balance sheet and robust business to shrug off relentless scrutiny it faces. Record earnings from the businesses ranging from seaports to airports, renewable energy parks to data centres, cement to gas and electricity has built India's largest infrastructure group that not only exists just to serve the markets but to serve the nation's destiny, he said.

Automobile retail sales up 5% in June; PVs, two-wheelers see growth

Automobile retail sales up 5% in June; PVs, two-wheelers see growth

Rediff.com7 Jul 2025

Automobile retail sales in India rose around 5 per cent year-on-year in June with all vehicle segments, including passenger vehicles and two-wheelers, witnessing growth, Federation of Automotive Dealers Associations (FADA) said on Monday.

Savings on stamp duty draw HFTs to GIFT City

Savings on stamp duty draw HFTs to GIFT City

Rediff.com12 Jun 2025

Although most high-frequency traders (HFTs) prefer to set up shop close to stock exchanges to enjoy better latency, a few are willing to sacrifice proximity to save a few bucks. Two HFTs have already established their offices at the GIFT City (Gujarat International Finance Tec-City) IFSC while many more are likely to follow suit.

IPOs That Burned Investor Wealth

IPOs That Burned Investor Wealth

Rediff.com2 Aug 2025

Many high-profile IPOs in India since 2021 have destroyed investor wealth due to overvaluation, weak business models, and post-listing disinterest, turning 1 lakh investments into as little as 3,500.

Tesla's entry will help grow EV market in India: BMW

Tesla's entry will help grow EV market in India: BMW

Rediff.com6 Apr 2025

BMW Group India is unfazed by the prospect of Tesla entering the electric vehicle market here and feels it will help grow the segment, according to its Managing Director and CEO Vikram Pawah. The group, which sold a total of 1,249 units of electric cars in India across two brands -- BMW and MINI -- has already sold 646 units in the first quarter of 2025 and is keeping its forecast of 15 per cent of its total sales in India coming from EVs, Pawah told PTI in an interview.

Kinetic, Lamborghini Bet Big on Electric Lifestyle Carts

Kinetic, Lamborghini Bet Big on Electric Lifestyle Carts

Rediff.com18 Jul 2025

JV to export e-carts, aim for 10% global market share, $1 bn turnover and innovation in driverless tech.

The Leverage Trump's US Has On Xi's China Has Shrunk

The Leverage Trump's US Has On Xi's China Has Shrunk

Rediff.com31 Jul 2025

The stock and bond markets told Trump firmly that any idea of isolating China would lead to harming the US economy and this forced Trump to backtrack, points out Aakar Patel.

Rana facilitated 26/11 recce, ran fake Mumbai office for Headley: NIA

Rana facilitated 26/11 recce, ran fake Mumbai office for Headley: NIA

Rediff.com23 Jul 2025

According to the chargesheet, Rana played a crucial role in supporting terrorist David Coleman Headley, a Pakistani-American operative linked to Lashkar-e-Taiba, by facilitating his reconnaissance missions across Mumbai.

Modi, Shah call on President Murmu, reasons unknown

Modi, Shah call on President Murmu, reasons unknown

Rediff.com3 Aug 2025

Prime Minister Narendra Modi and Union Home Minister Amit Shah on Sunday called on President Droupadi Murmu separately within hours at the Rashtrapati Bhavan in New Delhi.

'Biggest Problem Industrialists Face Is From Politicians'

'Biggest Problem Industrialists Face Is From Politicians'

Rediff.com7 Jul 2025

'If you don't fulfil whatever they ask, you are in trouble.'

Vance wants India to buy more American energy, weapons

Vance wants India to buy more American energy, weapons

Rediff.com22 Apr 2025

US Vice President JD Vance called on India to drop non-tariff barriers, give greater access to its markets and buy more American energy products and military hardware. Vance, in a speech in Jaipur, highlighted the need for a stronger US-India partnership for a prosperous and peaceful 21st century. He emphasized the importance of working together to address global challenges and praised Prime Minister Narendra Modi, describing him as a "special person." Vance also urged India to provide greater market access to American products and buy more defense platforms and energy from the US. He suggested that India consider dropping some of the non-tariff barriers for American access to the Indian market and highlighted the benefits of closer India-US defense collaboration, advocating for New Delhi to procure more military hardware from the US. He cited the example of American fifth-generation F-35s, arguing they would give the Indian Air Force the ability to defend its airspace and protect its people like never before. Vance also welcomed the Modi government's budget announcement to amend India's civil nuclear liability laws, paving the way for US producers to export small modular reactors and build larger US-designed reactors in India. He emphasized the importance of energy security for India's AI ambitions, stating "there is no AI future without energy security and energy dominance." Vance's visit comes amid growing global concerns over the US's tariff war.

A bigger success than....: Trump on India, Pak truce

A bigger success than....: Trump on India, Pak truce

Rediff.com17 May 2025

Trump went on to say that "I'm using trade to settle scores and to make peace."

Mid-Income Homebuyers Return as Banks Slash Loan Rates

Mid-Income Homebuyers Return as Banks Slash Loan Rates

Rediff.com29 Jul 2025

Home purchase affordability has improved in the first half of calendar year (CY) 2025, after the RBI reduced the repo rate by 100 basis points (bps), according to real estate consultancy Knight Frank India.

Ambani's Rs 86 Cr Bet On Trump Card

Ambani's Rs 86 Cr Bet On Trump Card

Rediff.com18 Jun 2025

Reliance 4IR Realty Development, a unit of Mukesh Ambani's Reliance Industries, paid a Rs 86.5 crore 'development fee' to license the Trump brand for a forthcoming real estate project in Mumbai.

Skoda India gears up for EV play with local push

Skoda India gears up for EV play with local push

Rediff.com25 Apr 2025

Skoda Auto India, the Czech carmaker that has recently found success with its compact SUV Kylaq, says it remains committed to developing a fully localised electric vehicle (EV). The EV will be manufactured at its Chakan facility for both Indian market and exports.

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.

Indian Tourists Head To Southeast Asia

Indian Tourists Head To Southeast Asia

Rediff.com2 Jul 2025

'Countries like Cambodia, Vietnam, Laos, and the Philippines have a 50 per cent increase in bookings.'

World urges India and Pakistan to 'exercise restraint'

World urges India and Pakistan to 'exercise restraint'

Rediff.com7 May 2025

World leaders, including the UN Secretary-General and US President Donald Trump, have urged India and Pakistan to exercise restraint and seek peaceful solutions to the ongoing tensions. The calls for calm come after India conducted airstrikes in Pakistan-occupied Kashmir in response to a recent terrorist attack. Leaders from the US, Russia, UK, China, UAE, Qatar, and Japan have expressed concern over the escalating situation and emphasized the need for dialogue and de-escalation.

UK confers Honorary Knighthood to Tata Group Chief N Chandrasekaran

UK confers Honorary Knighthood to Tata Group Chief N Chandrasekaran

Rediff.com14 Feb 2025

Tata Sons chairman N Chandrasekaran has been conferred Honorary Knighthood by the United Kingdom for his services to the UK-India business relations, the group said on Friday. He has been conferred "The Most Excellent Order of the British Empire (Civil Division) - honorary DBE/KBE".

Why Is The US So Fond Of Asim Munir?

Why Is The US So Fond Of Asim Munir?

Rediff.com12 Aug 2025

Sections in the US State Department and Pentagon have always felt more comfortable dealing with all powerful Pakistani generals instead of elected civilians, points out Rana Banerji, who headed the Pakistan desk at RA&W.

A Deal Is Possible Only On Trump's Terms

A Deal Is Possible Only On Trump's Terms

Rediff.com31 Jul 2025

For India, the challenge is to strike a balance between tactical necessity and economic priorities, point out Pravin Krishna and Monil Sharma.