News for 'India Business Unit'

Can Prashant Kishor Shake Up Bihar Politics?

Can Prashant Kishor Shake Up Bihar Politics?

Rediff.com10 Jul 2025

'Prashant Kishor is a businessman before he is a politician, and given that the expected average turnout for JSP candidates is 5,000 to 6,000 votes and since Bihar has a significant number of seats where the margin between the winner and runner-up falls within that range he will capitalise on exactly that to showcase his presence.'

'Trump's Hopes For India's Tariff Cuts Too Ambitious'

'Trump's Hopes For India's Tariff Cuts Too Ambitious'

Rediff.com2 Apr 2025

'I certainly hope the two can avoid a trade war and believe they will.' 'I expect some in India will push for retaliatory tariffs if the Trump administration applies significant reciprocal tariffs.'

'Scope for a further rate cut in this cycle itself, if...'

'Scope for a further rate cut in this cycle itself, if...'

Rediff.com4 Jul 2025

'India has the potential to grow at more than 7%, with the monetary policy providing a supportive hand.'

Trump Effect: Tourists Wary About US Travel

Trump Effect: Tourists Wary About US Travel

Rediff.com15 May 2025

Tourists hesitant to visit America due to frequent policy changes there.

For Tesla, India is a challenge as well as opportunity

For Tesla, India is a challenge as well as opportunity

Rediff.com19 Mar 2025

With India's EV penetration at just 2.5 per cent, the market presents an opportunity -- provided Tesla gets its pricing right.

The Courage Of A Soldier's Wife

The Courage Of A Soldier's Wife

Rediff.com11 Jul 2025

'Please don't worry about casualties. It is a professional hazard beyond our control,' wrote Kargil Hero Major Padmapani Acharya in his last letter from the battlefield.

US Firms Back Trump's India Tariffs

US Firms Back Trump's India Tariffs

Rediff.com31 Mar 2025

Industry associations and companies in the United States, including the US Chamber of Commerce, Coalition of Services Industries and the iconic bike company Harley Davidson have called on the Donald Trump dispensation to push India to reduce tariffs, non-tariffs, and regulatory barriers to boost American exports.

Chirag Paswan Wants To Be Bihar CM

Chirag Paswan Wants To Be Bihar CM

Rediff.com3 Jun 2025

While the BJP backs Nitish Kumar as chief minister, Chirag isn't hiding his readiness for the role, reports Aditi Phadnis.

GCCs reach new heights in India with neo and mid-sized banks

GCCs reach new heights in India with neo and mid-sized banks

Rediff.com24 Mar 2025

Neo banks, along with mid-sized banks, are establishing global capability centres (GCCs) in India, mirroring the expansion strategies of larger global counterparts. This trend is being seen as the next major wave in the country's banking, financial services, and insurance (BFSI) sector.

High US tariffs pushing Chinese exporters to tap Indian firms

High US tariffs pushing Chinese exporters to tap Indian firms

Rediff.com29 Apr 2025

American sourcing firms and exporters in China are approaching Indian companies to supply goods to the US as high tariffs imposed by Washington are making it difficult for them to ship directly to America, apex exporters' body FIEO said on Monday. The US has imposed 145 per cent tariffs on Chinese goods entering the American market. For India, the duty is just 10 per cent.

Trump slaps 26% reciprocal tariffs on India, 34% on China

Trump slaps 26% reciprocal tariffs on India, 34% on China

Rediff.com3 Apr 2025

US President Donald Trump announced a 26 per cent "discounted reciprocal tariff" on India, half of the 52 per cent levies imposed by India on American goods, as he described India as "very, very tough."

Polybags clogged toilets: Why Air India flight returned to Chicago

Polybags clogged toilets: Why Air India flight returned to Chicago

Rediff.com11 Mar 2025

Days after its Delhi-bound aircraft returned to Chicago due to unserviceable lavatories, Air India on Monday said its probe found that polythene bags, rags, and clothes had been flushed down and were stuck in the plumbing.

Hyundai Shifts Focus to Exports As Sales Slow Down

Hyundai Shifts Focus to Exports As Sales Slow Down

Rediff.com29 May 2025

Hyundai aims to raise exports to 30% of output by FY30 as domestic sales slow; six EVs among 26 product launches planned as part of long-term growth strategy.

82% Indians Eye Job Change In 12 Months

82% Indians Eye Job Change In 12 Months

Rediff.com12 May 2025

As many as 76 per cent of respondents said they will be willing to sacrifice existing benefits for better ones.

Ola Electric Hits Speed Bumps On Road to Future

Ola Electric Hits Speed Bumps On Road to Future

Rediff.com19 Jun 2025

Clearly, some of the bullishness of the early days has gone missing. Ola's market share is slipping amid rising competition from incumbents like Bajaj Auto and TVS.

Is it so difficult to be patriotic: Salman Khurshid's cryptic post

Is it so difficult to be patriotic: Salman Khurshid's cryptic post

Rediff.com3 Jun 2025

Congress leader Salman Khurshid, who is a part of India's diplomatic mission abroad, on Monday said it is 'distressing' that people back home are calculating political allegiances and asked if it is 'so difficult to be patriotic'.

'US May Demand Not Just Tariff Cuts But...'

'US May Demand Not Just Tariff Cuts But...'

Rediff.com5 Mar 2025

I'...additional concessions, such as opening government procurement, reducing agricultural subsidies, weakening patent protections, and allowing unrestricted data flows -- demands India has resisted for decades.'

Reliance Q4 profit rises 2.4%, becomes 1st co with Rs 10 lakh cr networth

Reliance Q4 profit rises 2.4%, becomes 1st co with Rs 10 lakh cr networth

Rediff.com25 Apr 2025

Reliance Industries Ltd on Friday reported a 2.4 per cent rise in its March quarter net profit as store rationalisation in retail business and improved margins in telecom helped offset weakness in mainstay oil and petrochemicals business and higher finance cost. Consolidated net profit of Rs 19,407 crore, or Rs 14.34 per share, in January-March - the fourth quarter of April 2024 to March 2025 fiscal (FY25) - was higher than Rs 18,951 crore, or Rs 14 a share, in the same period a year back, the company said in a statement.

Foreign companies' tax burden at record low in India

Foreign companies' tax burden at record low in India

Rediff.com24 Feb 2025

Foreign companies now pay less tax relative to their earnings than at any time in more than three decades. Foreign private companies paid 24.36 per cent of their pre-tax profit as tax in 2023-24, show numbers from the Centre for Monitoring Indian Economy (CMIE).

Reciprocal tariffs against India from April 2: Trump

Reciprocal tariffs against India from April 2: Trump

Rediff.com5 Mar 2025

Trump has made it clear to Prime Minister Modi that India will not be spared from Washington's reciprocal tariffs and emphasised that "nobody can argue with me" on tariff structure.

Donald Trump's move suits India: Jaishankar

Donald Trump's move suits India: Jaishankar

Rediff.com6 Mar 2025

India's External Affairs Minister S Jaishankar has stated that the US administration under President Donald Trump is moving towards multipolarity, which aligns with India's interests. He also revealed that India and the US have reached an agreement on the need for a bilateral trade pact. Jaishankar touched upon various foreign policy issues including India's role in the Russia-Ukraine conflict, the trajectory of the BRICS grouping, and relations with China during a session at the Chatham House think-tank in London.

FACE's ambitious goal: Uniting 75% fintech players

FACE's ambitious goal: Uniting 75% fintech players

Rediff.com27 Nov 2024

The Fintech Association for Consumer Empowerment (FACE), the only self-regulatory organisation for financial technology/fintech (SRO-FT) companies, is aiming to secure membership from at least 75 per cent of players across all key fintech categories within the next three years, according to a senior executive. The total number of members in the organisation has increased to 110, up from around 60 when it received approval from the Reserve Bank of India (RBI) to operate as an SRO-FT in August.

Why Pakistan Was Desperate For Ceasefire

Why Pakistan Was Desperate For Ceasefire

Rediff.com29 May 2025

'The devastating Indian Air Force strikes on the night of May 9-10 exposed Pakistan's vulnerabilities.' 'If these had continued, it would have further degraded Pakistan's ability to continue with air operations.'

Exports up 9% to $38.49 bn in Apr; trade deficit widens to 5-month high of $26.42 bn

Exports up 9% to $38.49 bn in Apr; trade deficit widens to 5-month high of $26.42 bn

Rediff.com16 May 2025

India's exports rose 9.03 per cent to $38.49 billion in April, the highest in six months, driven by healthy growth in sectors such as electronics and engineering goods, while the trade deficit widened to a five-month high of $26.42 billion. According to the commerce ministry data released on Thursday, imports increased by 19.12 per cent year-on-year to $64.91 billion in April due to a rise in shipments of crude oil and fertiliser.

Growth, lower valuations to drive gains in LIC stock in near term

Growth, lower valuations to drive gains in LIC stock in near term

Rediff.com5 Jun 2025

Life Insurance Corporation of India's (LIC) annualised premium equivalent (APE) growth remained weak in the fourth quarter of the financial year 2024-25 (Q4FY25) and flat in FY25, but management expects growth to rebound in FY26. The focus remains on improving product mix by increasing share of non-participating or non-par products in the individual APE.

1 In 5 Super Rich Indians Plans To Move Abroad

1 In 5 Super Rich Indians Plans To Move Abroad

Rediff.com27 Mar 2025

These super-rich Indians intend to reside in their chosen host country permanently while retaining their Indian citizenship.

100 terrorists killed in Operation Sindoor: Rajnath Singh

100 terrorists killed in Operation Sindoor: Rajnath Singh

Rediff.com8 May 2025

Defence Minister Rajnath Singh told an all-party meeting that at least 100 terrorists were killed in the Indian strikes on terror sites in Pakistan and Pakistan-occupied Kashmir under 'Operation Sindoor'. Leaders from various parties showed maturity and extended all support to the government and armed forces.

Why I Love Warren Buffet. It's Not What You Think

Why I Love Warren Buffet. It's Not What You Think

Rediff.com12 May 2025

'He has been one of the clearest thinkers in the history of business.'

RIL's Q2 net falls 5% on weak O2C business

RIL's Q2 net falls 5% on weak O2C business

Rediff.com14 Oct 2024

Reliance Industries Ltd on Monday reported a 5 per cent fall in the net profit for the July-September quarter, as weak oil refining and petrochemical business hurt operational performance.

'India can emerge as key player in global supply chain'

'India can emerge as key player in global supply chain'

Rediff.com15 Feb 2025

'It can position itself as a China Plus One solution, fulfilling the demands of developed economies.'

'I've No Desire To Be Prime Minister'

'I've No Desire To Be Prime Minister'

Rediff.com4 Jul 2025

'I am not an aspiration-oriented politician.' 'This is the time to redefine politics.' 'Politics of power is not real politics.'

More institutes scrap MoUs with Turkiye, Azerbaijan; jewellers join protest

More institutes scrap MoUs with Turkiye, Azerbaijan; jewellers join protest

Rediff.com16 May 2025

The move came against the backdrop of Turkiye backing Pakistan and its condemnation of India's strikes on terror camps in the neighbouring country and Pakistan-occupied Kashmir under Operation Sindoor.

Why Jaishankar feels US under Trump 'suits' India

Why Jaishankar feels US under Trump 'suits' India

Rediff.com6 Mar 2025

"From President Trump's perspective, the one big shared enterprise that we have is the Quad, which is an understanding where everybody pays their fair share. There are no free riders involved. So that's a good model which works," he said. The Quad alliance consists of the US, India, Australia and Japan.

Mamata jogs in London's Hyde Park in saree, slippers

Mamata jogs in London's Hyde Park in saree, slippers

Rediff.com26 Mar 2025

West Bengal Chief Minister Mamata Banerjee, on an official visit to the United Kingdom, took a refreshing jog in London's Hyde Park, wearing a white saree and her signature white slippers. Banerjee also attended a high tea reception at India House, hosted by Vikram K Doraiswami, the High Commissioner of India to the United Kingdom, bringing together business, cultural, and political leaders to strengthen ties between Bengal and Britain. The discussions centered around fostering economic partnerships and deepening people-to-people connections.

'Can We In Our Businesses Set An Example?'

'Can We In Our Businesses Set An Example?'

Rediff.com10 Oct 2024

'I think some of us, like Mukesh Ambani, myself and those of us who head industrial units, ought to really focus on what we can really do to make the world a safer place, maybe 50 or 100 years from now.' 'For instance, how can we deal with climate change and global warming, right now?' 'The effects of it may not be felt now; in fact, we may pay a price for it today, but it will help the generations to follow.'

Real estate attracts $1.3bn investment in Jan-Mar, up 31% YoY: Colliers

Real estate attracts $1.3bn investment in Jan-Mar, up 31% YoY: Colliers

Rediff.com11 Apr 2025

Institutional investments in Indian real estate have seen a strong start to 2025, with inflows reaching $ 1.3 billion in the first quarter - a 31 per cent year-on-year (YoY) increase. This growth was primarily driven by domestic investments, which accounted for 60 per cent of the total inflows during the quarter. With $ 0.8 billion inflows, domestic investments saw a 75 per cent annual rise and were largely focused on industrial & warehousing and office segments.

RCB chase top-2 finish: Can Kohli lead them there?

RCB chase top-2 finish: Can Kohli lead them there?

Rediff.com22 May 2025

Royal Challengers Bangalore (RCB), already qualified for the playoffs, will aim to secure a top-two league stage finish when they face Sunrisers Hyderabad (SRH) in their Indian Premier League (IPL) clash in Lucknow.

Beyond US, Canada, UK: Indian Students Now Prefer...

Beyond US, Canada, UK: Indian Students Now Prefer...

Rediff.com23 May 2025

Rediff reports on the reasons behind this dramatic shift.

Vance kids win hearts in Anarkali suit, kurta-pyjama

Vance kids win hearts in Anarkali suit, kurta-pyjama

Rediff.com21 Apr 2025

US Vice President JD Vance's three children, dressed in traditional Indian attire, won hearts in India during their visit. The children, who landed in Delhi on Monday, were photographed in their outfits, which quickly went viral on social media. The children's outfits were a hit with photographers covering the visit, and their photos trended on social media throughout the day.

Indian refiners target cheaper US LPG imports with help from China tariffs

Indian refiners target cheaper US LPG imports with help from China tariffs

Rediff.com5 May 2025

Chinese import tariffs have unwittingly come to India's assistance to help boost imports of US liquefied petroleum gas (LPG) at rates cheaper than what it pays for supplies from West Asia, according to industry sources and shipping data.