News for 'State for Commerce and Industry'

India-US Trade Deal: ' Not Much To Negotiate'

India-US Trade Deal: ' Not Much To Negotiate'

Rediff.com29 Nov 2025

'There are very few issues and a political call needs to be taken about some of them.'

US tariff jolts UP's export hubs; industry seeks govt bailout

US tariff jolts UP's export hubs; industry seeks govt bailout

Rediff.com1 Sep 2025

Uttar Pradesh's leading export hubs are reeling under the impact of a steep 50 per cent tariff imposed by the US on Indian imports, with exporters warning of job losses, stalled orders and shrinking market access. Industry leaders from Noida, Kanpur and Varanasi said the tariff has put years of painstaking market-building at risk, even as protests and demonstrations erupted in several districts last week.

Govt in talks to streamline FDI, FII processes: Goyal

Govt in talks to streamline FDI, FII processes: Goyal

Rediff.com19 Nov 2025

The Centre is regularly holding consultations with stakeholders to streamline foreign direct investments (FDIs) and foreign institutional investments (FIIs) related processes to enable faster and more efficient investment flows into the country, said Commerce and Industry Minister Piyush Goyal, adding one such meeting with stakeholders was held on Tuesday.

Why India-US Trade Deal Is Delayed

Why India-US Trade Deal Is Delayed

Rediff.com14 Jan 2026

A trade deal makes sense only if it is fair and reciprocal. If the cost is strategic dependence or loss of policy space, waiting is the wiser option, asserts Ajay Srivastava.

India's trade deficit with China may reach $106 billion in 2025: GTRI

India's trade deficit with China may reach $106 billion in 2025: GTRI

Rediff.com19 Dec 2025

India's trade deficit with China is expected to reach $106 billion in 2025 as imports are rising faster than the country's exports to the neighbouring country, think tank GTRI said on Friday.

'Labour Codes Will Reduce Take-Home Salary Is Wrong'

'Labour Codes Will Reduce Take-Home Salary Is Wrong'

Rediff.com20 Dec 2025

'It will increase the contribution to gratuity, which is something the employer has to give.'

Proposed Nuclear Bill Caps Liability At 3,000 Cr

Proposed Nuclear Bill Caps Liability At 3,000 Cr

Rediff.com16 Dec 2025

The operator's liability in the case of an incident is limited to 3,000 crore for reactors with thermal power above 3,600 Megawatt; 1,500 crore for reactors with thermal power between 1,500 Mw and 3,600 Mw; 750 crore for reactors with thermal power between 750 Mw and 1,500 Mw; 300 crore for reactors with thermal power between 150 Mw and 750 Mw; and 100 crore for reactors having thermal power up to 150 Mw, fuel cycle facilities other than spent fuel reprocessing plants and transportation of nuclear materials.

Almost There: India, US Set to Seal Trade Deal

Almost There: India, US Set to Seal Trade Deal

Rediff.com12 Nov 2025

'We are now awaiting a response from the US; they have to get back to us.'

Piyush Goyal to visit US for trade talks on Sep 22

Piyush Goyal to visit US for trade talks on Sep 22

Rediff.com20 Sep 2025

A delegation led by Commerce and Industries Minister Piyush Goyal will visit the United States for trade talks on September 22, the commerce ministry said on Saturday.

Petro exports to US grew in October as other sectors slide

Petro exports to US grew in October as other sectors slide

Rediff.com8 Dec 2025

India's exports to the US contracted 8.6 per cent to $6.3 billion in October, while imports rose 13.9 per cent to $4.5 billion leading to a trade surplus of $1.8 billion during the month.

CAG to conduct pan-India audit on ease of doing biz for MSMEs

CAG to conduct pan-India audit on ease of doing biz for MSMEs

Rediff.com20 Nov 2025

The Comptroller and Auditor General of India (CAG) has launched an integrated audit across 32 states and Union Territories to assess the ease of doing business for the micro, small and medium enterprise (MSME) sector.

EPFO extends deadline for filing EPF return till Oct 22

EPFO extends deadline for filing EPF return till Oct 22

Rediff.com13 Oct 2025

Retirement fund body EPFO has extended the deadline for filing EPF return or ECR (electronic challan-cum-return) by one week for the wage month of September till October 22, 2025. The employers are mandated to file the ECR by the 15th of every month.

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.

Su-57 stealth jet, S-400 in focus during Putin's visit

Su-57 stealth jet, S-400 in focus during Putin's visit

Rediff.com3 Dec 2025

However, these are understood to be exploratory talks, with an agreement unlikely to be formalised during the current visit.

India's festive hiring rises 17%; gig, temp roles see 25% surge this year

India's festive hiring rises 17%; gig, temp roles see 25% surge this year

Rediff.com11 Nov 2025

Overall hiring volumes grew by 17 per cent year-on-year across key consumption-linked sectors during the August-October period, driven by heightened consumer sentiment, attractive festive promotions, and wider geographic penetration, according to a report.

The Dilemma Of A Missing Workforce For Climate Action

The Dilemma Of A Missing Workforce For Climate Action

Rediff.com19 Dec 2025

This was perhaps a missed opportunity for India to spotlight a core domestic challenge: The scale of workforce preparation required for a young, populous, rapidly growing country seeking to reach net zero, points out Radha Roy Biswas.

India-US Trade Deal In Final Lap!

India-US Trade Deal In Final Lap!

Rediff.com25 Oct 2025

'As far as the contentious issues such as agriculture are concerned, we are finding some common ground.'

'Indian Youth Can Expect Career Growth In Russia'

'Indian Youth Can Expect Career Growth In Russia'

Rediff.com4 Dec 2025

'Don't look at Russia only as a place to earn quickly and then leave.' 'Try to build experience in serious companies, skills and certifications that will serve you anywhere in the world.'

Entrance Exams After Class 12 In 2026

Entrance Exams After Class 12 In 2026

Rediff.com16 Dec 2025

Nayagam PP, founder of Edujob360, offers a list of the top entrance exams, their timelines, eligibility criteria, exam patterns and preparation strategies to help you plan the year ahead.

Jaishankar, Rubio discuss issues of 'current concern'

Jaishankar, Rubio discuss issues of 'current concern'

Rediff.com22 Sep 2025

External Affairs Minister S Jaishankar on Monday met United States Secretary of State Marco Rubio for bilateral discussions, as the high-level 80th session of the United Nations General Assembly (UNGA) kicks in.

India Diversifies Petroleum Exports To New Markets

India Diversifies Petroleum Exports To New Markets

Rediff.com17 Nov 2025

India offset the decline in exports to traditional destinations by sharply ramping up shipments to Jordan (18,086 per cent), Hong Kong (17,006 per cent), Spain (13,436 per cent), the Philippines (2,235 per cent), and Namibia (1,068 per cent) in H1FY26.

India, US Fast-Track Trade Deal Talks

India, US Fast-Track Trade Deal Talks

Rediff.com17 Sep 2025

'A deal will only be possible if India stops buying Russian oil -- but even then, New Delhi must not compromise its core red lines.'

Jaishankar, Rubio to meet in US amid tariff, H-1B visa concerns

Jaishankar, Rubio to meet in US amid tariff, H-1B visa concerns

Rediff.com22 Sep 2025

This will be the first face-to-face meeting between Rubio and Jaishankar following President Donald Trump's imposition of an additional 25 per cent tariff on India for Delhi's purchases of Russian oil, taking the total levies imposed on India by the Trump White House to 50 per cent.

India needs world-class banks; in talks with RBI, lenders: Sitharaman

India needs world-class banks; in talks with RBI, lenders: Sitharaman

Rediff.com6 Nov 2025

Finance Minister Nirmala Sitharaman on Thursday said the country needs big and world-class banks, and discussions are on with the Reserve Bank and lenders in this regard.

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.

Piyush Goyal may visit Washington soon for trade talks

Piyush Goyal may visit Washington soon for trade talks

Rediff.com19 Sep 2025

With the India-US trade talks moving in the right direction, Commerce and Industry Minister Piyush Goyal is expected to visit Washington soon, sources said.

'Indians Are Better Suited Than Most Other Countries'

'Indians Are Better Suited Than Most Other Countries'

Rediff.com1 Dec 2025

'Because of the size and complexity of the economy, we can address almost every job that is there, from agriculture farming to healthcare.'

'Fix them': US targets India, Brazil in trade warning

'Fix them': US targets India, Brazil in trade warning

Rediff.com28 Sep 2025

Lutnick said that these countries have to understand that if "you want to sell to the US consumers, you've got to play ball with the President of the United States."

I'm doing a trade deal with India: Trump in South Korea

I'm doing a trade deal with India: Trump in South Korea

Rediff.com29 Oct 2025

United States President Donald Trump on Wednesday said that the US is 'doing a trade deal with India' as the two sides continue to hold talks on the proposed trade pact.

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.

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.

Modi and Putin: Hug in airport, ride in car, dinner at 7, LKM

Modi and Putin: Hug in airport, ride in car, dinner at 7, LKM

Rediff.com5 Dec 2025

Russian President Vladimir Putin arrived in New Delhi for a two-day visit focused on strengthening ties with India, including defense cooperation and trade, amidst a changing geopolitical landscape.

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.

US sanctions 2 largest Russian Oil companies

US sanctions 2 largest Russian Oil companies

Rediff.com23 Oct 2025

The US Department of the Treasury on Wednesday imposed sanctions on Russia's two largest oil companies, Rosneft and Lukoil, in an effort to pressure the Kremlin to end its war in Ukraine.

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."

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.

IndiGo Crisis: 'Well-Orchestrated To Pressure Government, DGCA'

IndiGo Crisis: 'Well-Orchestrated To Pressure Government, DGCA'

Rediff.com6 Dec 2025

'Where rostering systems are automated and duty time software interfaces directly with DGCA, the assertion that they suddenly discovered crew shortages is simply implausible.' 'If adequate crew planning hasn't materialised within 12 to 24 months from inception, how will 45 days -- from December 5 to February 12 -- suddenly resolve matters?'

SC hints at relaxing blanket firecracker ban in Delhi-NCR

SC hints at relaxing blanket firecracker ban in Delhi-NCR

Rediff.com10 Oct 2025

The Supreme Court is considering relaxing the ban on firecrackers in Delhi-NCR ahead of Diwali, citing practical concerns and the need to balance environmental and livelihood interests.

US didn't accept India's request for tariff talks: Govt

US didn't accept India's request for tariff talks: Govt

Rediff.com5 Aug 2025

The United States did not accept India's request for consultations under an agreement of the World Trade Organisation (WTO) concerning American tariffs on steel, aluminium, and related derivative products, Parliament was informed on Tuesday.

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.