News for 'Indian Commerce'

Trump announces 100% tariffs on foreign-made movies, India to be hit

Trump announces 100% tariffs on foreign-made movies, India to be hit

Rediff.com30 Sep 2025

Trump said California has been particularly "hard hit" because of this, blaming democrat Gavin Newsom, the Governor of California, for this loss, calling him "weak and incompetent."

Advertising doyen Piyush Pandey passes away at 70

Advertising doyen Piyush Pandey passes away at 70

Rediff.com24 Oct 2025

Advertising legend Piyush Pandey has passed away. He was 70. The news of Piyush Pandey's demise was shared by columnist Suhel Seth on X on Friday morning.

Indian pharma firms not copying products of Swiss cos: Goyal

Indian pharma firms not copying products of Swiss cos: Goyal

Rediff.com10 Jun 2025

Dismissing allegations that Indian phacosrmaceutical companies copy products of Swiss firms, Commerce and Industry Minister Piyush Goyal on Tuesday said it is a long-standing myth and India respects intellectual property rights and never steals technology from others. He said that Swiss pharmaceutical companies have not shown even a single instance that Indian companies have illegally copied any of their trademarks or patents or copyrighted technology.

Do you agree with Piyush Goyal's comments on Indian startups?

Do you agree with Piyush Goyal's comments on Indian startups?

Rediff.com8 Apr 2025

Commerce and Industry Minister Piyush Goyal on Thursday asked the Indian startup community to shift their focus from grocery delivery and ice cream making to to high tech sector like semiconductor, machine learning, robotics, and artificial intelligence. He also said there is a need for more Indian investors into the startup ecosystem.

'This Benefits H1B Visa Holders In The US'

'This Benefits H1B Visa Holders In The US'

Rediff.com23 Sep 2025

'You are a guest in the US. It's not your home, you're a guest. If they don't feel comfortable, you have to step out.'

Exports rise 6.7% in August, imports decline

Exports rise 6.7% in August, imports decline

Rediff.com15 Sep 2025

India's exports rose 6.7 per cent to $35.1 billion in August annually, while imports declined 10.12 per cent to $61.59 billion, according to government data released on Monday. Gold imports were down nearly 56 per cent in August, helping to trim merchandise trade deficit to $26.49 billion in August, as against $35.64 billion in the year-ago month.

India's Kabul mission made embassy, to launch 6 projects in Afghanistan

India's Kabul mission made embassy, to launch 6 projects in Afghanistan

Rediff.com10 Oct 2025

India has upgraded its technical mission in Kabul to an embassy, with External Affairs Minister S Jaishankar acknowledging the Taliban's consideration of India's security concerns. The announcement was made during talks with Afghan Foreign Minister Amir Khan Muttaqi, marking a significant step in advancing ties between the two nations.

Sensex drops 345 points on weakness in IT stocks

Sensex drops 345 points on weakness in IT stocks

Rediff.com10 Jul 2025

From the Sensex pack, Bharti Airtel, Asian Paints, Infosys, Bharat Electronics, Tech Mahindra and Eternal were major laggards. However, Maruti, Tata Steel, Bajaj Finance, Bajaj Finserv, Trent and Tata Consultancy Services were among the gainers.

Deepika Becomes 1st Indian To Get Hollywood Walk Of Fame Star

Deepika Becomes 1st Indian To Get Hollywood Walk Of Fame Star

Rediff.com3 Jul 2025

It's a proud moment for India.

India relationship...: What Rubio said after Jaishankar meet

India relationship...: What Rubio said after Jaishankar meet

Rediff.com23 Sep 2025

Rubio voiced "appreciation" for New Delhi's continued engagement on bilateral issues, including trade, defence and energy.

M&A financing the new frontier for banks, but RBI's watching

M&A financing the new frontier for banks, but RBI's watching

Rediff.com26 Nov 2025

Mint Road's proposals on banks' M&A funding are cautious even as entrants root for more elbow room, and weigh business models.

India restores embassy in Kabul, vows to deepen ties with Afghanistan

India restores embassy in Kabul, vows to deepen ties with Afghanistan

Rediff.com21 Oct 2025

The MEA release said that the embassy of India in Kabul will further augment India's contribution to Afghanistan's comprehensive development.

Trump admin faces lawsuit over H-1B visa fee hike

Trump admin faces lawsuit over H-1B visa fee hike

Rediff.com17 Oct 2025

The US Chamber of Commerce has filed a lawsuit against the Trump administration's decision to impose a USD 100,000 fee on new H-1B visa petitions, arguing it harms American innovation and competitiveness.

Have Climate Summits Lost The Mojo?

Have Climate Summits Lost The Mojo?

Rediff.com8 Nov 2025

How the UN's flagship climate summit lost its direction and what's at stake.

India's EU Trade Deal Has A LONG Way To Go

India's EU Trade Deal Has A LONG Way To Go

Rediff.com18 Sep 2025

'Even if tariffs are reduced, non-tariff may still remain a challenge.'

Hope Rises As China Processes Rare-Earths Requests

Hope Rises As China Processes Rare-Earths Requests

Rediff.com28 Jul 2025

China accounts for about 70 per cent of global rare earth mining and nearly 90 per cent of rare earth magnet production, making it a dominant player and giving it significant leverage in global supply chains.

3 key drivers for the markets this week

3 key drivers for the markets this week

Rediff.com21 Sep 2025

The decision to hike US H-1B visa application fee to $100,000, trade talks and the GST rate cut will be the key drivers for stock market movement this week, analysts said.

Amazon cuts seller fees, boosts AI tools ahead of festive shopping season

Amazon cuts seller fees, boosts AI tools ahead of festive shopping season

Rediff.com8 Sep 2025

Amazon India is repositioning itself as a comprehensive business partner rather than just an e-commerce platform, slashing seller fees and introducing artificial intelligence-powered tools ahead of the country's crucial festive shopping season that could determine the year's retail performance.

US Tariffs May Drop To 10-15%: CEA

US Tariffs May Drop To 10-15%: CEA

Rediff.com19 Sep 2025

'I do believe there will be a resolution in the next couple of months on the penal tariff and hopefully on the reciprocal tariff also.'

India, UK to sign trade pact on July 24; Goyal to accompany PM Modi

India, UK to sign trade pact on July 24; Goyal to accompany PM Modi

Rediff.com22 Jul 2025

Commerce and Industry Minister Piyush Goyal will accompany Prime Minister Narendra Modi to London for the signing of the free trade agreement between India and the UK on July 24, an official said on Monday. The two countries announced the conclusion of the negotiations for the trade agreement on May 6.

India will 'say sorry' and make a deal: Top Trump official

India will 'say sorry' and make a deal: Top Trump official

Rediff.com5 Sep 2025

"So I think what happens is it's all bravado, because you think it feels good to fight with the biggest client in the world, but eventually your businesses are going to say you've got to stop this and go make a deal with America."

'Trump Is A Businessman, He'll Get A Deal Done'

'Trump Is A Businessman, He'll Get A Deal Done'

Rediff.com10 Sep 2025

'You can't have a one-sided deal. If you have a lopsided deal then it won't be sustainable.'

Pre-tariff rush to US lifts exports by 7% in July

Pre-tariff rush to US lifts exports by 7% in July

Rediff.com15 Aug 2025

India's goods exports rebounded in July after two months of contraction, with outbound shipments rising 7.3 per cent to $37.24 billion, led by a surge in exports to the United States before the country's reciprocal tariff kicked in and bolstered by a recovery in exports to other key markets.

Factors that will drive the markets this week

Factors that will drive the markets this week

Rediff.com28 Sep 2025

Stock markets will be driven by RBI's interest rate decision, tariff-related developments, global trends and trading activity of foreign investors in this holiday-shortened week, analysts said.

PhonePe seeks Sebi nod for IPO; submits papers

PhonePe seeks Sebi nod for IPO; submits papers

Rediff.com24 Sep 2025

Digital payments provider PhonePe has filed draft papers with markets regulator Sebi for its upcoming initial public offering (IPO) using the confidential pre-filing route. On Wednesday, the company's spokesperson said, "PhonePe Ltd has filed the Pre-filed Draft Red Herring Prospectus with Sebi and the stock exchanges, under...the Sebi ICDR Regulations in relation to the proposed initial public offering of its equity shares on the main board of the stock exchanges".

Trump introduces 'Gold Card' for permanent US residency

Trump introduces 'Gold Card' for permanent US residency

Rediff.com20 Sep 2025

The Trump administration has launched a premium immigration programme targeting wealthy individuals worldwide, offering permanent residency in the United States through expensive 'Gold Cards' that could generate billions in revenue for the American Treasury.

ED freezes Rs 110 crore in Parimatch betting platform case

ED freezes Rs 110 crore in Parimatch betting platform case

Rediff.com14 Aug 2025

The Enforcement Directorate (ED) has frozen Rs 110 crore and seized 1,200 mule credit cards following searches against the Indian operations of Parimatch, a Cyprus-based online betting platform, for alleged money laundering and cheating investors.

Rare Earth Magnet Crunch Persists For Automakers

Rare Earth Magnet Crunch Persists For Automakers

Rediff.com11 Sep 2025

'Despite assurance from China, none of the companies have received supplies from Chinese sellers.'

Trump slaps 100% tariffs on imported pharma products

Trump slaps 100% tariffs on imported pharma products

Rediff.com26 Sep 2025

United States President Donald Trump on Friday announced that his administration will impose a 100 per cent tariff on branded and patented pharmaceutical products beginning October 1, 2025, unless the manufacturing companies are building production facilities in the US.

India-US trade talks to resume with Lynch's arrival

India-US trade talks to resume with Lynch's arrival

Rediff.com15 Sep 2025

Trump administration's chief negotiator Brendan Lynch is arriving in India to hold talks on the India-US bilateral trade deal, which were impacted after the US imposed 50 per cent import tariffs on Indian goods.

Tylenol row may not hit India's pharma exports

Tylenol row may not hit India's pharma exports

Rediff.com29 Sep 2025

Amid controversy over USPresident Donald Trump's comments linking the use of Tylenol and other related paracetamol products by pregnant women to autism in children, experts and industry executives say that since India's export of the drug to the US is less, it will hardly affect the country's pharma exports to America.

Exports To Key Global Hubs Drop Sharply

Exports To Key Global Hubs Drop Sharply

Rediff.com28 Aug 2025

'There is definitely tepid demand because of the (reciprocal tariff) uncertainty.'

Huma's Superhero Kashmir Connection

Huma's Superhero Kashmir Connection

Rediff.com25 Aug 2025

'Kashmir has so many stories, cultures, and folklore. It should be promoted. We should definitely have more stories out of Kashmir.'

How To Apply for GATE 2026

How To Apply for GATE 2026

Rediff.com6 Aug 2025

The application process for Graduate Aptitude Test in Engineering (GATE) 2026 will begin on August 25.

US tariffs: Gems and jewellery exporters seek urgent govt relief

US tariffs: Gems and jewellery exporters seek urgent govt relief

Rediff.com31 Aug 2025

The Gems and Jewellery Export Promotion Council (GJEPC) has urged the Centre to provide immediate relief measures as the tariffs imposed by the United States have started hitting the industry. US tariffs of 50 per cent on Indian goods came into effect on August 27.

India hopeful of concluding trade pact with US by 'Nov or so': Piyush Goyal

India hopeful of concluding trade pact with US by 'Nov or so': Piyush Goyal

Rediff.com2 Sep 2025

Commerce and Industry Minister Piyush Goyal on Tuesday expressed hope that India will conclude the proposed bilateral trade agreement (BTA) with the US by the fall or November this year. He said that "a little bit" of geopolitical issues overtook the trade matters in the negotiations for the pact between the two countries.

Sumit Antil completes World Para Championships hat-trick!

Sumit Antil completes World Para Championships hat-trick!

Rediff.com30 Sep 2025

Yogesh Kathuniya won yet another silver medal in the men's F56 discus throw event at the World Para Athletics Championships.

Amazon, Flipkart showcase GST deals as festival shopping begins

Amazon, Flipkart showcase GST deals as festival shopping begins

Rediff.com23 Sep 2025

Amazon India unveiled a dedicated marketplace section highlighting products with reduced tax burdens as the goods and services tax (GST) restructuring took effect on September 22, positioning the ecommerce giant to capitalise on lower consumer prices across electronics, appliances, and other categories. Its rival Flipkart, too, has rolled out its own GST-focused storefront, the GST Bachat Utsav, aimed at helping shoppers maximise benefits from the new tax rates across multiple categories.

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.

Amid tariff row, US team's India visit for trade deal talks deferred

Amid tariff row, US team's India visit for trade deal talks deferred

Rediff.com17 Aug 2025

Deferment or rescheduling of the meeting assumes significance as the US has announced a staggering 50 per cent duty on Indian goods.