News for 'Post Trade Services'

India's exports jump over 26% in August; trade gap shrinks to five-month low

India's exports jump over 26% in August; trade gap shrinks to five-month low

Rediff.com4 days ago

India's exports saw a significant increase of 26.12 per cent to USD 43.81 billion in August, leading to a narrowed trade deficit of USD 26.86 billion, driven by strong demand from key global markets and diverse sectors.

Canada suspends trade talks with US, 50% tariff kicks in

Canada suspends trade talks with US, 50% tariff kicks in

Rediff.com22 Aug 2026

Trade negotiations between the United States and Canada have collapsed, leading to the US imposing 50% tariffs on nearly $28 billion worth of Canadian imports, with Canada immediately vowing to retaliate dollar-for-dollar.

India Rejects US Influence Claims Over UPI MDR Policy

India Rejects US Influence Claims Over UPI MDR Policy

Rediff.com3 days ago

The Finance Ministry has dismissed allegations of US pressure influencing the 0.4% Merchant Discount Rate (MDR) on select UPI transactions. It clarified that NPCI guidelines prioritise RuPay credit cards on UPI and do not favour international cards. The ministry also asserted that the MDR, applicable to person-to-merchant transactions above Rs 2,000, is unlikely to increase cash transactions or cause inflation, with measures in place to prevent burdening consumers.

How To Pick The Right Broker

How To Pick The Right Broker

Rediff.com6 days ago

Investors opening new brokerage accounts must choose a broker suited to their style.

UPI MDR: Ministry Addresses Concerns Over Cash Transactions And Inflation

UPI MDR: Ministry Addresses Concerns Over Cash Transactions And Inflation

Rediff.com3 days ago

The Finance Ministry has clarified that the 0.4 per cent Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000, effective October 15, is not expected to increase cash transactions or cause inflation. The ministry also dismissed allegations of US pressure influencing the decision, asserting that the policy aims to promote RuPay credit cards within the UPI ecosystem, and a monitoring mechanism will ensure the MDR burden is not passed on to consumers.

Finance Ministry Rejects US Influence Claims On UPI MDR

Finance Ministry Rejects US Influence Claims On UPI MDR

Rediff.com3 days ago

The Finance Ministry has refuted allegations that US pressure influenced the decision to levy a 0.4 per cent Merchant Discount Rate (MDR) on select UPI payments. The ministry clarified that the NPCI guidelines prioritise RuPay credit cards on UPI to promote domestic alternatives and ensure a self-sustaining revenue model for smaller domestic companies, countering claims of favouring foreign payment providers.

Is Dealer-Led Trading On The Way Out?

Is Dealer-Led Trading On The Way Out?

Rediff.com27 Apr 2026

Most active traders prefer mobile applications that provide real-time alerts, including price targets -- functions that dealers once delivered through client calls.

'This 2,000 MDR Limit Is Bogus'

'This 2,000 MDR Limit Is Bogus'

Rediff.com2 hours ago

'These limits will change. Very soon restrictions, restrictions will come.'

Eway Bills Cross 139 Million in August, Signalling Sustained Economic Momentum

Eway Bills Cross 139 Million in August, Signalling Sustained Economic Momentum

Rediff.com5 Sep 2026

India's eway bill generation reached 139.08 million in August, marking the third-highest monthly count on record and indicating sustained momentum in goods movement and formal economic activity, according to official data.

Finance Ministry Clarifies UPI MDR Policy Amid US Pressure Allegations

Finance Ministry Clarifies UPI MDR Policy Amid US Pressure Allegations

Rediff.com3 days ago

The Finance Ministry has refuted allegations that US pressure influenced the decision to levy a 0.4% Merchant Discount Rate (MDR) on select UPI payments. It clarified that NPCI guidelines prioritise RuPay credit cards on UPI to foster a domestic payment ecosystem and that the MDR introduction aims to create a sustainable revenue model for smaller domestic companies, thereby protecting India's sovereignty in digital payments.

How UPI MDR Charges Could Push Consumers Back To Cash

How UPI MDR Charges Could Push Consumers Back To Cash

Rediff.com4 days ago

A new Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000, effective October 15, could force small merchants and price-sensitive consumers to revert to cash, according to economic think tank GTRI. The move, which introduces a 0.4 per cent MDR with a Rs 300 cap and concessional rates for specific categories, is questioned by GTRI founder Ajay Srivastava, who suggests it's not a revenue issue for the government but potentially a response to US pressure regarding UPI and RuPay's preferential market position.

Govt Amends E-commerce Rules to Boost Transparency, Curb Manipulation

Govt Amends E-commerce Rules to Boost Transparency, Curb Manipulation

Rediff.com10 Sep 2026

The Indian government has amended its e-commerce rules to enhance price transparency, prevent manipulation of search results, mandate clear disclosure of sponsored listings, and combat 'dark patterns' to protect consumers.

Augmont Enterprises makes strong market debut, shares jump nearly 22%

Augmont Enterprises makes strong market debut, shares jump nearly 22%

Rediff.com31 Aug 2026

Augmont Enterprises Ltd, an integrated gold and silver platform, saw its shares list with a premium of nearly 22 per cent against the issue price of Rs 788 on its market debut.

ONGC to spend Rs 1 trillion on deepwater oil exploration

ONGC to spend Rs 1 trillion on deepwater oil exploration

Rediff.com1 Sep 2026

State-run ONGC plans a massive Rs 1 trillion investment in deepwater exploration over the next five years, aiming to drill 87 wells to counter declining domestic crude oil and natural gas production. The company is also establishing a trading firm and its overseas arm, OVL, is pursuing operatorship of assets in Venezuela.

The Prince And The Driver

The Prince And The Driver

Rediff.com5 days ago

A Kishore Kumar song, a birthday cake, a prince's break from protocol to thank his driver, a Persian painting on the ceiling of the presidential residence -- the BRICS Summit had many memorable moments.

How Social Media Is Destroying Your Retirement

How Social Media Is Destroying Your Retirement

Rediff.com3 days ago

Urban Indian millennials are caught in an algorithmically amplified consumption spiral where social media normalises spending patterns that systematically undermine retirement security.

India-UK Trade Deal to Kick Off July 15, PM Modi Confirms

India-UK Trade Deal to Kick Off July 15, PM Modi Confirms

Rediff.com17 Jun 2026

Prime Minister Narendra Modi announced that the India-UK Comprehensive Economic and Trade Agreement (CETA) will come into effect on July 15, 2026, anticipating a significant boost to bilateral trade and investment.

Hindu Outfit's Visit Provokes Eiffel Staff Strike

Hindu Outfit's Visit Provokes Eiffel Staff Strike

Rediff.com9 Sep 2026

Eiffel Tower employees launched a strike, leading to the iconic landmark's closure, after allegations surfaced that female staff were asked to vacate their posts during a visit by the Hindu religious organisation BAPS.

Why 9/11 Still Matters

Why 9/11 Still Matters

Rediff.com11 Sep 2026

On the 25th anniversary of that world-changing morning in New York, it is also for the rest of to reflect. Not only on those who were killed but also on why the event happened and what led to it and what came after it, asserts Aakar Patel.

Rahul Gandhi Claims Modi Government Surrendering To US Pressure On UPI Charges

Rahul Gandhi Claims Modi Government Surrendering To US Pressure On UPI Charges

Rediff.com5 days ago

Congress leader Rahul Gandhi has accused the Modi government of quietly paving the way for imposing fees on UPI transactions, alleging it's a surrender to American pressure. The government's recent notification exempts charges only up to Rs 2,000, sparking concerns that higher value transactions and eventually all UPI payments could incur fees. Finance Minister Nirmala Sitharaman, however, clarified that Merchant Discount Rate (MDR) applies to merchants, not customers, and supports digital infrastructure.

India's Biggest Stock Market Booms And Busts

India's Biggest Stock Market Booms And Busts

Rediff.com1 Sep 2026

'Every period of excessive optimism eventually gives way to a correction, while periods of extreme pessimism often create the best investment opportunities.'

'If Earnings Growth Returns, Capital Can Flow Back To India'

'If Earnings Growth Returns, Capital Can Flow Back To India'

Rediff.com25 Aug 2026

'India is vulnerable to the West Asia crisis in three ways: Energy costs, the business Indian companies conduct in the region, and remittances from the Indian diaspora.'

Nepal flood toll reaches 939; over 10,000 rescued so far

Nepal flood toll reaches 939; over 10,000 rescued so far

Rediff.com31 Aug 2026

The death toll from devastating flash floods in Nepal has tragically risen to 903, with 4,247 people still reported missing, including security personnel and foreigners. India has dispatched an 18-member team of forensic experts to assist with DNA analysis and identification of victims.

Mumbai Couple Wins Battle Against Builder

Mumbai Couple Wins Battle Against Builder

Rediff.com27 Aug 2026

The Maharashtra State Consumer Disputes Redressal Commission has ordered Rizvi Estates and Hotels Pvt. Ltd. to either rectify defects in a flat or pay 1,50,000 for repairs, along with 50,000 for mental agony and 25,000 for litigation costs, after a couple reported cracks, leakage, and unfulfilled amenities.

Nepal floods: 1,050 dead, search on for 4,000 missing as rivers swell

Nepal floods: 1,050 dead, search on for 4,000 missing as rivers swell

Rediff.com1 Sep 2026

The death toll from devastating flash floods in Nepal has surged to 1,050, with nearly 4,000 people, including foreigners and security personnel, still missing. Rescuers are struggling with intermittent rainfall, rising river levels, and difficult terrain, while expert teams from India and China assist in operations, particularly at hydropower project sites where many workers are believed to be trapped in tunnels.

Indian Markets Outperform Global Peers in July

Indian Markets Outperform Global Peers in July

Rediff.com1 Aug 2026

The Nifty and Sensex outperformed Asian peers in South Korea, Japan, Taiwan and China.

Customer ordered iPhone, received beard oil; sellers fined Rs 1.8 lakh

Customer ordered iPhone, received beard oil; sellers fined Rs 1.8 lakh

Rediff.com25 Jul 2026

A Mumbai consumer court has directed Flipkart and its seller to refund over Rs 1.11 lakh to a customer who received beard growth oil instead of an Apple iPhone, and to pay an additional Rs 70,000 in compensation and litigation costs, citing "unfair trade practice" and "deficiency in service."

Women Owners Employ More Women

Women Owners Employ More Women

Rediff.com14 Jul 2026

In cities where women own a larger share of small businesses, women also account for a larger share of jobs.

Nifty Recovery Faces 200-DMA Hurdle

Nifty Recovery Faces 200-DMA Hurdle

Rediff.com29 Jul 2026

Nearly 50 per cent of the stocks that comprise the Nifty 50 are trading below their respective 200-DMAs.

Ethanol Blending In Petrol Causes No Damage To Vehicles: Brazilian Minister

Ethanol Blending In Petrol Causes No Damage To Vehicles: Brazilian Minister

Rediff.com7 Aug 2026

'As long as the vehicle has a flex engine, it is irrelevant if the mixture is 15 per cent or 30 per cent; the performance is the same.'

India-US trade deal brings glimmer of hope for beleaguered IT services players

India-US trade deal brings glimmer of hope for beleaguered IT services players

Rediff.com11 Feb 2026

The India-US trade deal has offered a much-needed breather for the Indian information technology (IT) industry, which has been grappling with global macroeconomic uncertainty and subdued client spending over the past few years.

'UP Has Potential To Generate More Than 11 Million Jobs'

'UP Has Potential To Generate More Than 11 Million Jobs'

Rediff.com1 Sep 2026

'Improved law and order and transparent governance have helped change UP's investment image.'

Delhi Trade And Taxes Officials Transferred After Irregularities Found

Delhi Trade And Taxes Officials Transferred After Irregularities Found

Rediff.com24 Apr 2026

162 officials of the Trade and Taxes department in Delhi, including three assistant commissioners, were transferred after Delhi Chief Minister Rekha Gupta discovered 'serious irregularities' during a surprise visit.

Trump secretly switched planes via catering truck to foil Iran threat

Trump secretly switched planes via catering truck to foil Iran threat

Rediff.com11 Aug 2026

How US President Donald Trump employed a clandestine 'decoy' Air Force One operation to secretly depart Turkiye following a NATO Summit.

'FY27 Should Be A Recovery Year For India'

'FY27 Should Be A Recovery Year For India'

Rediff.com19 Aug 2026

'A favourable base, last year's policy measures, the carryover impact of a good monsoon and improving earnings should all help.'

Modi's New Zealand Visit: A New Era For India-Kiwi Relations

Modi's New Zealand Visit: A New Era For India-Kiwi Relations

Rediff.com11 Jul 2026

Prime Minister Narendra Modi's visit to New Zealand culminated in the elevation of bilateral ties to a strategic partnership, with a focus on doubling trade and enhancing cooperation in sports and the Indo-Pacific region. Modi and his counterpart Christopher Luxon attended a sports showcase, acknowledging a century of sporting ties and discussing future collaborations, including India's preparations for the Commonwealth Games 2030. The visit also saw 18 concrete outcomes and 10 agreements signed, alongside discussions with business leaders.

India And New Zealand Elevate Strategic Partnership

India And New Zealand Elevate Strategic Partnership

Rediff.com11 Jul 2026

Prime Minister Narendra Modi concluded his three-nation tour in New Zealand, where he and his counterpart Christopher Luxon elevated bilateral ties to a strategic partnership. The visit focused on doubling trade by 2030 and expanding cooperation in the Indo-Pacific region, marking the first visit by an Indian PM in 40 years.

'Worst Phase For Equities Appears To Be Behind Us'

'Worst Phase For Equities Appears To Be Behind Us'

Rediff.com7 Aug 2026

'Healthy double-digit returns are still possible, though a sharp rally is unlikely.'

Gen Z, Watch Out: 10 Digital Traps to Avoid

Gen Z, Watch Out: 10 Digital Traps to Avoid

Rediff.com29 Jul 2026

Whether you're politically active or simply an everyday internet user, these are ten digital traps worth understanding.

Relief likely for India from US tariffs over forced labour

Relief likely for India from US tariffs over forced labour

Rediff.com16 Jul 2026

India anticipates a reduction in the United States' proposed tariffs on Indian goods under the Section 301 investigation, following New Delhi's recent notification to restrict the import of products made with forced labour.