News for 'State for Business and Trade'

'Job Market Is Collapsing Like Pack Of Cards'

'Job Market Is Collapsing Like Pack Of Cards'

Rediff.com5 Jun 2026

'You have seen the retrenchments by big corporates in the IT industry because they are not getting enough offers.' 'MSMEs in the manufacturing sector are really struggling. They do not know what to do. They are not able to predict what will happen tomorrow.'

Trump, Xi hold talks in the 'biggest summit ever'

Trump, Xi hold talks in the 'biggest summit ever'

Rediff.com14 May 2026

US President Donald Trump and Chinese President Xi Jinping met in Beijing to discuss a range of issues, including trade frictions and the war in Iran.

Mamata Banerjee Announces Traders' Welfare Board for West Bengal

Mamata Banerjee Announces Traders' Welfare Board for West Bengal

Rediff.com12 Mar 2026

West Bengal Chief Minister Mamata Banerjee has announced the formation of a Traders' Welfare Board to serve as a platform between traders and the state government.

World Cup 2026 Set to Shatter All-Time Sports Gambling Records

World Cup 2026 Set to Shatter All-Time Sports Gambling Records

Rediff.com25 Jun 2026

World Cup 2026 is on track to become the biggest betting event in history, with global wagers expected to exceed $50 billion as sportsbooks report record-breaking activity driven by the expanded tournament format and growing legal gambling markets.

TCS To Modernise SKF's IT Infrastructure In Multi-Year Deal

TCS To Modernise SKF's IT Infrastructure In Multi-Year Deal

Rediff.com27 May 2026

TCS has secured a multi-year deal with Swedish bearings manufacturer SKF to modernise its IT infrastructure and leverage AI for industrial manufacturing.

India raises visa concerns with US over immigration policy changes

India raises visa concerns with US over immigration policy changes

Rediff.com24 May 2026

External Affairs Minister S Jaishankar raised India's concerns with US Secretary of State Marco Rubio regarding changes to US visa and immigration policies, emphasising that legal mobility should not be negatively affected. Rubio acknowledged potential 'bumps' during the transition as the US aims to improve its immigration system.

Mishandling Taiwan issue could spark China-US clash, Xi Jinping warns Trump

Mishandling Taiwan issue could spark China-US clash, Xi Jinping warns Trump

Rediff.com14 May 2026

Chinese President Xi Jinping warned US President Donald Trump that mishandling the Taiwan issue could trigger conflicts between the two countries during wide-ranging talks on trade, Iran, and energy security.

US calls India-EU trade deal 'very disappointing'

US calls India-EU trade deal 'very disappointing'

Rediff.com29 Jan 2026

In the wake of the FTA between India and the European Union, the United States has described the Europeans as 'very disappointing', saying they were unwilling to join Washington, DC in putting tariffs on New Delhi for its purchases of Russian oil because of this trade deal.

Delhi Quad meet to focus on West Asia fallout, Indo-Pacific security

Delhi Quad meet to focus on West Asia fallout, Indo-Pacific security

Rediff.com25 May 2026

The economic fallout of the West Asia crisis, the prevailing security situation in the Indo-Pacific and ways to boost cooperation in critical minerals and technology are expected to top the agenda at a crucial meeting of the Quad foreign ministers on Tuesday.

Noida International Airport takes flight, IndiGo makes inaugural landing

Noida International Airport takes flight, IndiGo makes inaugural landing

Rediff.com15 Jun 2026

Noida International Airport has officially commenced flight operations with an IndiGo flight from Lucknow making the inaugural landing, followed by a takeoff to Lucknow, carrying 172 villagers whose land was acquired for the project.

Amid tariff strain, Jaishankar, Rubio hold talks on trade, defence

Amid tariff strain, Jaishankar, Rubio hold talks on trade, defence

Rediff.com14 Jan 2026

External Affairs Minister S Jaishankar and US Secretary of State Marco Rubio discussed cooperation in trade, critical minerals, nuclear energy, and defence, reaffirming commitment to a free and open Indo-Pacific.

'Invalid, unauthorised by law': US court strikes down Trump's 10% global tariffs

'Invalid, unauthorised by law': US court strikes down Trump's 10% global tariffs

Rediff.com8 May 2026

These new tariffs were imposed by Trump on all countries, including India, on February 24 for 150 days following a Supreme Court verdict that struck down his earlier sweeping levies.

Did Trump, Xi Reset US-China Relations?

Did Trump, Xi Reset US-China Relations?

Rediff.com15 May 2026

US President Donald Trump concluded his Beijing summit with Chinese President Xi Jinping, describing it as 'incredible' and highlighting 'fantastic trade deals' and a 'very strong' relationship between the two leaders.

Iran to unveil new Hormuz traffic plan, says US-linked vessels may be barred

Iran to unveil new Hormuz traffic plan, says US-linked vessels may be barred

Rediff.com17 May 2026

Head of the Iranian Parliament's National Security Committee Ebrahim Azizi on Saturday said that Iran has prepared a "professional mechanism" to regulate maritime traffic in the Strait of Hormuz through a designated route, which will be unveiled soon.

Cricket Australia plays down IPL control fears in Big Bash League

Cricket Australia plays down IPL control fears in Big Bash League

Rediff.com18 May 2026

Cricket Australia chief executive Todd Greenberg said fears that private investment in the Big Bash League (BBL) could lead to the tournament ceding control to Indian Premier League (IPL) franchise owners are overblown.

Rajesh Exports denies financial irregularities, blames 'communication gap' for Sebi action

Rajesh Exports denies financial irregularities, blames 'communication gap' for Sebi action

Rediff.com4 Jun 2026

Rajesh Exports has refuted allegations of financial irregularities, stating that its reported revenues are accurate and attributing the Securities and Exchange Board of India's (Sebi) interim action to a 'communication gap' between the regulator and the company.

India Is Now A Reverse Goldilocks Economy

India Is Now A Reverse Goldilocks Economy

Rediff.com18 May 2026

India emerged reasonably well from 2025. But now, the oil shock and war-related supply disruptions have again driven funds out of India and significantly weakened the rupee, points out Ajay Chhibber.

Counterfeit Auto Parts Racket Busted In Delhi

Counterfeit Auto Parts Racket Busted In Delhi

Rediff.com23 May 2026

Delhi Police have dismantled a counterfeit auto parts operation, arresting three individuals for allegedly selling fake switches branded with a well-known auto component manufacturer's name. Raids in Karol Bagh led to the seizure of 10,650 counterfeit switches, believed to be imported and sold as genuine products.

M&M refines supply chain strategy to counter global disruptions

M&M refines supply chain strategy to counter global disruptions

Rediff.com7 May 2026

Mahindra & Mahindra (M&M) is implementing a comprehensive, multi-layered strategy to fortify its supply chains against geopolitical volatility, logistical challenges, and regulatory risks, drawing lessons from recent global disruptions.

Govt Eyes Steps To Contain CAD

Govt Eyes Steps To Contain CAD

Rediff.com22 May 2026

'The situation globally is quite challenging, but we have the confidence and courage of conviction that we will come out winners even in this challenging time.'

Trouble for India? Trump announces 25% tariff on Iran's trade partners

Trouble for India? Trump announces 25% tariff on Iran's trade partners

Rediff.com13 Jan 2026

Trump said that the decision would be "immediately" in effect and that the "order is final and conclusive."

2026 will be a historic, landmark year for China-US ties, Xi tells Trump

2026 will be a historic, landmark year for China-US ties, Xi tells Trump

Rediff.com14 May 2026

US President Donald Trump met with Chinese President Xi Jinping in Beijing to discuss trade, technology, Taiwan, and the Iran war. Xi Jinping said that 2026 will be a 'historic, landmark year' for China-US relations.

India's GST Collections Climb 3.2% to Rs 1.94 Lakh Crore in May

India's GST Collections Climb 3.2% to Rs 1.94 Lakh Crore in May

Rediff.com1 Jun 2026

India's gross GST collections increased by 3.2 per cent to over Rs 1.94 lakh crore in May, driven by improved supplies of goods and services and a continued expansion in collections from imports.

Putin: Sanctions threat on India will 'boomerang' under Modi

Putin: Sanctions threat on India will 'boomerang' under Modi

Rediff.com6 Jun 2026

Russian President Vladimir Putin asserted that any attempts to undermine India's sovereignty through 'threats of sanctions' would 'boomerang immediately' under Prime Minister Narendra Modi's leadership, highlighting India's sovereign decision-making and strong national interests.

'Don't Get Carried Away Signing A Trade Agreement'

'Don't Get Carried Away Signing A Trade Agreement'

Rediff.com9 Feb 2026

'There is a lot of euphoria in the country after a trade agreement is signed. But it is an illusion for us. What is more important is making it real.'

Venezuela Turmoil Unlikely To Rattle India's Trade

Venezuela Turmoil Unlikely To Rattle India's Trade

Rediff.com12 Jan 2026

'The immediate impact for India will be very minimal as the share of Venezuela in our total overseas production is very low.'

Jeweller Killed, Valuables Stolen In Chhattisgarh Market Attack

Jeweller Killed, Valuables Stolen In Chhattisgarh Market Attack

Rediff.com27 May 2026

A jeweller was shot dead and robbed of gold and silver ornaments at a weekly market in Chhattisgarh's Gaurela-Pendra-Marwahi district. The incident has sparked protests and a bandh by local traders.

'We will keep the consumer at the centre, use technology to optimise, and continue investing behind brands to drive volume-led penetration'

'We will keep the consumer at the centre, use technology to optimise, and continue investing behind brands to drive volume-led penetration'

Rediff.com11 May 2026

"Our strategy has always been to focus on volume-led penetration growth," said Manish Tiwary, chairman and managing director, Nestle India.

Why Estonian Tech Startups Are Keen On Partnering With India

Why Estonian Tech Startups Are Keen On Partnering With India

Rediff.com31 May 2026

Estonian tech startups in AI, cybersecurity, defence, and medicine are showing interest in collaborating with India, aiming to tap into its vast market. Latitude59, a prominent startup conference, is considering hosting a networking event in India next year to foster these partnerships.

Ex-Narcotics Bureau Official Faces Charges In Cheating Case

Ex-Narcotics Bureau Official Faces Charges In Cheating Case

Rediff.com7 May 2026

A special CBI court has upheld the framing of charges against a former Narcotics Control Bureau official accused of cheating the bureau by claiming subsistence allowance while suspended, despite working for three private companies.

Blackstone's Neysa Networks Stake Acquisition Gets CCI Nod

Blackstone's Neysa Networks Stake Acquisition Gets CCI Nod

Rediff.com20 May 2026

The Competition Commission of India (CCI) has approved the acquisition of a stake in AI acceleration cloud provider Neysa Networks by Blackstone-backed private equity funds and other investors, following Neysa's announcement of a USD 1.2 billion capital raise.

Mutual funds' stock market lead over LIC widens for fifth year in a row

Mutual funds' stock market lead over LIC widens for fifth year in a row

Rediff.com25 May 2026

India's mutual fund industry has significantly increased its share of public trading in the stock market, widening its lead over the Life Insurance Corporation of India (LIC) for the fifth consecutive year. While LIC's share of free-float listed shares has fallen to 7.42% as of March 2026, the mutual fund industry's share has surged to 22.92% from 7.06% in 2012.

Interstate Spurious Drug Racket Busted In Delhi

Interstate Spurious Drug Racket Busted In Delhi

Rediff.com7 May 2026

Delhi Police have arrested four individuals involved in an interstate racket manufacturing and distributing counterfeit prescription drugs, uncovering an illegal processing unit in Delhi.

16th India-EU summit today; trade, security, defence on agenda

16th India-EU summit today; trade, security, defence on agenda

Rediff.com27 Jan 2026

Over the years, India-EU ties have grown, and covered trade, investment, climate change, science and technology, space, digital, mobility, and connectivity.

'Loneliness Is An Epidemic'

'Loneliness Is An Epidemic'

Rediff.com1 Jun 2026

Loneliness can engulf people at different stages in their lives. Weighing in on their lonely state of mind are three people -- a soul-searching Gen Z stage actress, Malikka Advani; a beleaguered big-tech employee in his 40s, Vinod Patel; and a confidence-exuding business writer, Maya Lalchandani -- who reveal the different methods they employ to tackle this emotion.

Iron Trader in Kanpur Ends Life Due to Financial Distress

Iron Trader in Kanpur Ends Life Due to Financial Distress

Rediff.com13 Apr 2026

A 40-year-old iron trader in Kanpur, India, allegedly died by suicide due to mounting financial losses in his business. Police are investigating the circumstances surrounding his death.

'India Should Not Rush To Celebrate Trump's Trade Announcement'

'India Should Not Rush To Celebrate Trump's Trade Announcement'

Rediff.com3 Feb 2026

'Trump says India will buy over $500 billion of US goods.' 'At present, India's annual imports of goods and energy from the US are under $50 billion.' 'Reaching $500 billion would likely require more than 20 years, suggesting the figure refers to a long-term aspiration rather than a near-term commitment.'

Indian Investments in US Rise, Create American Jobs: Official

Indian Investments in US Rise, Create American Jobs: Official

Rediff.com5 May 2026

Indian foreign direct investment (FDI) in the United States has reached approximately USD 16.4 billion, supporting around 70,800 jobs and contributing significantly to research and development, according to US Deputy Undersecretary Brandon Remington.

Unidentified Assailants Kill Businessman in Palamu Market

Unidentified Assailants Kill Businessman in Palamu Market

Rediff.com3 Apr 2026

A businessman was shot dead by three unidentified assailants in Palamu district, Jharkhand. Police are investigating the incident and reviewing CCTV footage.

GIFT City Raises A Glass to Global Business

GIFT City Raises A Glass to Global Business

Rediff.com24 Dec 2025

The latest move removes one of the key friction points for visitors, temporary liquor permits, while allowing licensed hotels and restaurants operational flexibility.