News for 'State for Business and Trade'

India Inc hits pause on factory expansion in March

India Inc hits pause on factory expansion in March

Rediff.com10 Apr 2026

India's new manufacturing project announcements more than halved in the fourth quarter of FY26, falling 60 per cent sequentially and 78 per cent year-on-year to approximately 1.7 trillion, driven by global uncertainties, geopolitical conflicts in West Asia, and existing unutilised manufacturing capacity.

Fake Life-Saving Drugs Racket Busted in Delhi

Fake Life-Saving Drugs Racket Busted in Delhi

Rediff.com5 Apr 2026

Delhi Police have dismantled an organised interstate racket involved in manufacturing and distributing counterfeit life-saving medicines, arresting six individuals and seizing fake drugs worth approximately Rs 2 crore. The investigation also revealed a network of fake GST firms used for generating bogus invoices and laundering money.

Second-round effects of supply shocks a real concern, says RBI governor

Second-round effects of supply shocks a real concern, says RBI governor

Rediff.com21 Apr 2026

Reserve Bank of India (RBI) Governor Sanjay Malhotra stated that preventing second-round effects of supply shocks, where inflation expectations rise due to prolonged disruptions, is the primary role of monetary policy. He also defended the RBI's foreign exchange market interventions, asserting it did not commit to an 'indefensible peg'.

Jammu Marathon Symbolises J&K's Transformation Since 2019

Jammu Marathon Symbolises J&K's Transformation Since 2019

Rediff.com29 Mar 2026

The Jammu Marathon, featuring international runners, symbolises the transformation of Jammu and Kashmir since 2019, highlighting peace, prosperity, and its emergence as a destination for world-class events.

Offended by TV ad, Trump stops trade talks with Canada

Offended by TV ad, Trump stops trade talks with Canada

Rediff.com24 Oct 2025

United States President Donald Trump on Thursday night announced the termination of all trade negotiations with Canada, citing an anti-tariff advertisement that used a clip of former US President Ronald Reagan.

Will Putin's India visit complicate US trade talks? Jaishankar answers

Will Putin's India visit complicate US trade talks? Jaishankar answers

Rediff.com6 Dec 2025

On President Putin's two-day trip to India, Jaishankar said for a "big" and "rising" country like India, it is important to maintain good cooperation with as many important players as possible in the world in line with freedom of choice.

Iran will be decimated within 4 hours if...: Trump

Iran will be decimated within 4 hours if...: Trump

Rediff.com7 Apr 2026

Trump also brushed off criticism of his expletive-laden references to causing destruction in Iran if they failed to make a deal to end the war.

India must use current geopolitical churn to build manufacturing scale at home: Amitabh Kant

India must use current geopolitical churn to build manufacturing scale at home: Amitabh Kant

Rediff.com26 Feb 2026

India should resist knee-jerk responses to tariff volatility in the US and instead use the current geopolitical churn to build manufacturing scale at home, former G20 Sherpa and former chief executive officer of NITI Aayog Amitabh Kant said on Wednesday.

Parking Row Turns Deadly: Delhi Trader Shot Dead By Tenant

Parking Row Turns Deadly: Delhi Trader Shot Dead By Tenant

Rediff.com20 Apr 2026

A 34-year-old cloth trader was fatally shot by his tenant in Delhi's Preet Vihar following a dispute over parking. Police have arrested the accused and are investigating the involvement of his associates.

What Weapons Will Putin Sell India On Rare State Visit?

What Weapons Will Putin Sell India On Rare State Visit?

Rediff.com29 Nov 2025

On the table are additional batches of S-400 surface-to-air missile systems from Russia, which India used with immense success during Operation Sindoor. India could buy at least two squadrons of Su-57 fighter jets plus joint production of S-500 air defence systems.

Hormuz Crisis Hits India Hard

Hormuz Crisis Hits India Hard

Rediff.com14 Apr 2026

The cost of the war is being counted not in the corridors of power in Washington or Tehran, but in Firozabad's darkened furnace rooms, Howrah's idle casting sheds, and a barbershop in Kochi where the wait is suddenly, inexplicably, an hour long, notes Prem Panicker in his must read blog on the Iran War.

Indian team back from US after holding trade talks

Indian team back from US after holding trade talks

Rediff.com25 Sep 2025

The Indian team has returned from the US after holding trade talks with their American counterparts in New York, an official said on Thursday. Commerce and Industry Minister Piyush Goyal, who led the team, will be back on Friday.

Couple Banned from UK Companies for Breaching Disqualification Order

Couple Banned from UK Companies for Breaching Disqualification Order

Rediff.com5 Apr 2026

An Indian-origin couple in the UK has been sentenced for breaching a disqualification order, operating companies despite a ban imposed after tax fraud claims.

VP Radhakrishnan to Attend IIM Ranchi Convocation, Launch VR Case Repository

VP Radhakrishnan to Attend IIM Ranchi Convocation, Launch VR Case Repository

Rediff.com25 Mar 2026

Vice President C P Radhakrishnan will attend the 15th convocation of IIM Ranchi, where he will award medals to outstanding students and launch a virtual reality case repository.

After SC jolt, Trump signs order for global 10% tariff on all countries

After SC jolt, Trump signs order for global 10% tariff on all countries

Rediff.com21 Feb 2026

The official also advised all the trade partners to abide by the trade deals. The new 10 percent global tariff is part of Trump's protectionist trade agenda, aimed at addressing balance-of-payments issues and unfair trade practices.

CERC staffers reportedly earned Rs 173 cr via insider trading

CERC staffers reportedly earned Rs 173 cr via insider trading

Rediff.com17 Oct 2025

CERC, which has a key role in India's power sector, has also set up a committee to gather further evidence in the matter and take suitable action.

Will Vijay Be Tamil Nadu's Showstopper?

Will Vijay Be Tamil Nadu's Showstopper?

Rediff.com21 Apr 2026

Whether he comes to power or not, both his admirers and opponents agree on one thing -- Vijay may well turn out to be the 'X factor'.

Cong MLAs face action after cross-voting in Rajya Sabha polls

Cong MLAs face action after cross-voting in Rajya Sabha polls

Rediff.com17 Mar 2026

Rajya Sabha elections in Bihar, Odisha, and Haryana were marred by allegations of cross-voting and 'horse trading', leading to suspensions and warnings from the Congress party.

Don't do deals with gun...: Piyush Goyal on trade talks with US

Don't do deals with gun...: Piyush Goyal on trade talks with US

Rediff.com24 Oct 2025

India does not do trade agreements in a hurry or with a "gun to our head", Commerce and Industry Minister Piyush Goyal said on Friday. He said India is actively negotiating trade pacts with countries and regions, including the European Union (EU) and the US.

India Faces Russian Oil Squeeze After US Deal

India Faces Russian Oil Squeeze After US Deal

Rediff.com12 Feb 2026

Replacing over a third of India's oil imports at competitive rates is going to be a challenge, said traders from State refiners, even though some progress was made in the last two months.

How Modi Steered India-US Ties Back On Track

How Modi Steered India-US Ties Back On Track

Rediff.com3 Feb 2026

Prime Minister Narendra Modi stayed calm, avoided public confrontation, and focused on India's long-term interests to steady ties with the United States.

Norms on investments from China can be eased in calibrated way: Goyal

Norms on investments from China can be eased in calibrated way: Goyal

Rediff.com25 Feb 2026

India may adopt a "calibrated" and a "step-by-step" approach to easing norms on investments originating from China, Union Commerce and Industry Minister Piyush Goyal said on Tuesday. He was in a conversation with A K Bhattacharya on Day 1 of Business Standard's two-day annual event, Manthan 2026. The minister said foreign direct investment (FDI) from China was certainly not "banned", but it goes through an approval process. "The government's approach at the moment is to accelerate the approval process."

RBI Unveils 'Payments Vision 2028' with Focus on Digital Security and Innovation

RBI Unveils 'Payments Vision 2028' with Focus on Digital Security and Innovation

Rediff.com27 Mar 2026

The Reserve Bank of India (RBI) has introduced its 'Payments Vision 2028' document, outlining initiatives to enhance digital payment security, introduce electronic cheques, and expand regulatory oversight to include e-commerce entities.

'No Indian company will be...': Tharoor on Trump's Iran tariffs

'No Indian company will be...': Tharoor on Trump's Iran tariffs

Rediff.com15 Jan 2026

The Congress MP said he had been "troubled" by the US tariff regime from the very beginning, adding that India was already at a disadvantage compared to its regional competitors.

Gurdaspur Jeweller's Family Held Hostage in Rs 3 Crore Robbery

Gurdaspur Jeweller's Family Held Hostage in Rs 3 Crore Robbery

Rediff.com5 Mar 2026

Unidentified men held a jeweller's family hostage at gunpoint in Gurdaspur, Punjab, and stole cash and jewellery worth approximately Rs 3 crore, prompting criticism of the state's law and order situation.

Illegal Opium Cultivation Exposed in Chhattisgarh, Sparking Political Row

Illegal Opium Cultivation Exposed in Chhattisgarh, Sparking Political Row

Rediff.com10 Mar 2026

Authorities in Chhattisgarh have uncovered illegal opium cultivation, leading to seizures and political accusations. The discovery follows a previous incident involving a BJP leader, raising questions about the state government's role.

Agricultural shift from subsidies to sustainability may be the way ahead

Agricultural shift from subsidies to sustainability may be the way ahead

Rediff.com26 Feb 2026

India is already a heavyweight in global farm trade in pockets such as rice exports, but experts are urging a pivot from a subsidy- and procurement-driven mindset to a productivity and nutrition strategy that still shields farmers from volatility.

Trump threatens Canada with 100% tariffs over China deal

Trump threatens Canada with 100% tariffs over China deal

Rediff.com24 Jan 2026

Trump's outburst comes amid escalating tensions between the US and its northern neighbour, following recent remarks by Canadian Prime Minister Mark Carney at the World Economic Forum (WEF) in Davos.

From 18% to 10%: Trump's new global levy brings relief for India

From 18% to 10%: Trump's new global levy brings relief for India

Rediff.com21 Feb 2026

US President Donald Trump announced a new global levy on imported items, resulting in a lower tariff rate for India, following a Supreme Court verdict against his previous sweeping tariffs.

War In The Strait Has Reached A Condom Factory!

War In The Strait Has Reached A Condom Factory!

Rediff.com24 Apr 2026

Karex, the Malaysian company that makes roughly one in five of the world's condoms -- about five billion a year, supplying Durex and Trojan among others -- announced this week that it is raising prices by up to 30 percent. The reason is the Strait of Hormuz.

Waaree Energies, Premier Energies in Focus as US Imposes 126% Duty on Indian Solar Imports

Waaree Energies, Premier Energies in Focus as US Imposes 126% Duty on Indian Solar Imports

Rediff.com25 Feb 2026

Shares of Waaree Energies and Premier Energies are under pressure after the US imposed initial duties on Indian solar imports. The article examines the impact on green energy stocks and market sentiment.

Iran War: Truce Is A Bitter Pill For Trump To Swallow

Iran War: Truce Is A Bitter Pill For Trump To Swallow

Rediff.com10 Apr 2026

The logic of war plus the gathering storms in US politics as the midterms loom large leave him with no real alternative but to negotiate, points out Ambassador M K Bhadrakumar.

Nothing changes, India will be paying tariffs: Defiant Trump after SC blow

Nothing changes, India will be paying tariffs: Defiant Trump after SC blow

Rediff.com21 Feb 2026

US President Donald Trump asserted that the trade deal with India remains intact despite a Supreme Court ruling against his tariffs, while also claiming he used tariffs to stop a war between India and Pakistan.

Will Budget 2026 Fix The Customs-FTA Disconnect?

Will Budget 2026 Fix The Customs-FTA Disconnect?

Rediff.com31 Jan 2026

Customs regimes can lead to labyrinthine legal disputes. Budget 2026 must recognise that an excessively defensive Customs posture can itself become a trade barrier, point out Mukesh Butani and Shankey Agrawal.

Trump raises global tariff from 10% to 15% day after SC ruling

Trump raises global tariff from 10% to 15% day after SC ruling

Rediff.com21 Feb 2026

Following a Supreme Court setback, Donald Trump has announced an increase in global tariffs from 10% to 15%, impacting international trade relations and raising concerns about economic repercussions.

Trump's tariff junked: What it means for Indian companies

Trump's tariff junked: What it means for Indian companies

Rediff.com21 Feb 2026

India will now face a lower reciprocal tariff of 10 per cent, down from 25 per cent, after US President Donald Trump announced a new global levy on items imported into America in the wake of the Supreme Court verdict against his sweeping duties on several nations.

TMC manifesto bets on women voters, ramps up welfare push

TMC manifesto bets on women voters, ramps up welfare push

Rediff.com20 Mar 2026

The Trinamool Congress (TMC) has released its manifesto for the West Bengal elections, focusing on welfare politics and women's empowerment with pledges to expand existing schemes, improve healthcare, and develop infrastructure.

Air India to resume flights to Shanghai from Feb 2026

Air India to resume flights to Shanghai from Feb 2026

Rediff.com18 Nov 2025

Air India announced the resumption of its non-stop flights between Delhi and Shanghai (PVG), effective from February 1, 2026, marking Air India's return to mainland China after nearly six years, an official statement by the airline stated.

STT hike on Futures drags markets down; Sensex crashes 1,547 points

STT hike on Futures drags markets down; Sensex crashes 1,547 points

Rediff.com1 Feb 2026

Benchmark stock indices Sensex and Nifty dived sharply by nearly 2 per cent on Sunday after Finance Minister Nirmala Sitharaman proposed a hike in the Securities Transaction Tax (STT) on derivatives. Reversing the early gains, the 30-share BSE Sensex plunged sharply by 2,370.36 points or 2.88 per cent to slide below the 80,000-mark at 79,899.42 in afternoon trade as the finance minister announced a hike in STT on futures contracts to 0.05 per cent from the current 0.02 per cent.

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.'