News for 'Trade'

Why India's Banks Need A Five-Day Week

Why India's Banks Need A Five-Day Week

Rediff.com6 Oct 2026

A two-day weekend would help employees recover physically and mentally. They would return better prepared for branch work that demands patience, judgment, and accuracy, asserts Tamal Bandyopadhyay.

Work With The US, With Or Without Trump

Work With The US, With Or Without Trump

Rediff.com6 Oct 2026

India-US ties may be strained, but abandoning the relationship is not the answer; India must deal with Washington firmly without becoming either servile or hostile, asserts Ambassador T P Sreenivasan.

Closing Auction Session Triggers Wild 14-Minute Market Swings on Expiry Day

Closing Auction Session Triggers Wild 14-Minute Market Swings on Expiry Day

Rediff.com11 Sep 2026

The Closing Auction Session (CAS) on expiry day led to unprecedented volatility in the Nifty 50 and Sensex, causing the indices to swing wildly in just 14 minutes and raising concerns among traders about market manipulation and increased speculation.

Meenakshi Shinde Dismisses Baseless Allegations In Purnekar Murder Case

Meenakshi Shinde Dismisses Baseless Allegations In Purnekar Murder Case

Rediff.com2 Oct 2026

Former Thane mayor Meenakshi Shinde has vehemently denied any involvement in the murder of Shiv Sena (UBT) functionary Pradeep Purnekar, dismissing accusations made by the victim's son and opposition leaders as baseless. Shinde called for an impartial police investigation and expressed her readiness to cooperate, while also cautioning against political mudslinging. The police have formed a Special Investigation Team to probe the murder, which has also drawn criticism from Thane MP Naresh Mhaske against Sena (UBT) leaders for politicising the incident.

Stock Markets Today: Sensex, Nifty dip on West Asia crisis, oil prices

Stock Markets Today: Sensex, Nifty dip on West Asia crisis, oil prices

Rediff.com8 Sep 2026

Indian benchmark indices, Sensex and Nifty, saw declines in early trade due to escalating crude oil prices and ongoing US-Iran hostilities, which subdued investor risk appetite.

Stock Markets Today: Sensex, Nifty Tumble as Crude Nears $100/barrel

Stock Markets Today: Sensex, Nifty Tumble as Crude Nears $100/barrel

Rediff.com9 Sep 2026

Indian stock markets, including the Sensex and Nifty, experienced a significant tumble in early trade, driven by escalating tensions in West Asia that pushed crude oil prices close to the USD 100-per-barrel mark, alongside selling in IT stocks and fresh foreign fund outflows.

Dipke's Dilemma: To Z Or Not To Z

Dipke's Dilemma: To Z Or Not To Z

Rediff.com5 Oct 2026

How long can the Cockroach Janta Party remain an agitationist force? asks Saisuresh Sivaswamy.

Bengal ex-dy speaker's death: TMC factions trade charges, BJP seeks probe

Bengal ex-dy speaker's death: TMC factions trade charges, BJP seeks probe

Rediff.com16 Aug 2026

The death of former West Bengal assembly deputy speaker and veteran Trinamool Congress leader Ashis Banerjee on Sunday triggered a political blame game, with the rival factions within the party and the Bharatiya Janata Party trading allegations over the circumstances surrounding the 74-year-old leader's death.

Modi, Xi Struggle To Break Stalemate

Modi, Xi Struggle To Break Stalemate

Rediff.com16 Sep 2026

Xi brought in asymmetrical power play by stating that India should have 'strategic cognition' and 'strategic judgement made on the basis of the stage of development the two countries are at'. This is a very nuanced way of asserting China's coercive diplomatic posture and reflects Beijing's penchant to unleash border instability at will, restrict rare earth metal exports, exert pressure on India at global and regional orders, asserts China expert Srikanth Kondapalli.

AM Green Wins H2Global Auction, Boosts India's Green Molecule Export Ambitions

AM Green Wins H2Global Auction, Boosts India's Green Molecule Export Ambitions

Rediff.com30 Sep 2026

AM Green Ammonia has won the Asian lot in H2Global's auction, securing a 10-year agreement to supply renewable ammonia to Germany, valued at over 585 million euros. This deal positions India as a significant exporter of green molecules, with production slated for AM Green's Kakinada project, utilising renewable power and aiming for 2029 deliveries.

Cong rejigs UP team; picks Aradhana Misra as new chief, Masood working prez

Cong rejigs UP team; picks Aradhana Misra as new chief, Masood working prez

Rediff.com3 Oct 2026

The Congress party has announced a significant organisational reshuffle in its Uttar Pradesh unit, appointing Aradhana Misra-Mona as president and Imran Masood as working president. This strategic move comes ahead of the state assembly elections next year and aims to strike a social balance while strengthening the party's position in the crucial state.

RBI's New Capital Exposure Norms Trigger Drop in Trading Volumes

RBI's New Capital Exposure Norms Trigger Drop in Trading Volumes

Rediff.com7 Jul 2026

New capital exposure norms implemented by the Reserve Bank of India (RBI) from July 1 have led to a noticeable drop in trading volumes, with Multi-Commodity Exchange (MCX) options premium ADTV falling by nearly 40 per cent in early July.

Ashok Gehlot Slams Centre Over New UPI Transaction Charges

Ashok Gehlot Slams Centre Over New UPI Transaction Charges

Rediff.com17 Sep 2026

Former Rajasthan chief minister Ashok Gehlot has criticised the Centre for introducing a 0.4% charge on UPI transactions above Rs 2,000, alleging the decision was influenced by pressure from the United States and its payment companies like Visa and Mastercard. He highlighted a perceived shift in the government's stance on Merchant Discount Rate (MDR) for UPI, claiming it would ultimately burden consumers and small businesses while benefiting American firms.

Two Indians charged with selling fake Ozempic in US

Two Indians charged with selling fake Ozempic in US

Rediff.com30 Sep 2026

Two Indian nationals have been charged in a US federal court for their alleged involvement in a transnational scheme to distribute counterfeit Ozempic, a popular diabetes drug. The scheme involved obtaining fake drugs from China, deceptive packaging, and continued even after FDA warnings, with the accused facing significant jail time if convicted.

BRICS represents 50% of world population, 40% of GDP: Ramaphosa

BRICS represents 50% of world population, 40% of GDP: Ramaphosa

Rediff.com12 Sep 2026

South African President Cyril Ramaphosa on Friday described BRICS as an important global forum, highlighting the grouping's growing demographic and economic weight and noting that its members account for around half of the world's population and 40 percent of global GDP.

Why India Is Wooing Sri Lanka's JVP

Why India Is Wooing Sri Lanka's JVP

Rediff.com5 Oct 2026

India's ruling Bharatiya Janata Party (BJP) is actively courting Sri Lanka's Janatha Vimukthi Peramuna (JVP), a Marxist party with strong Sinhalese nationalist roots, marking a significant shift in bilateral relations despite ideological differences. This engagement, highlighted by a recent high-profile visit by JVP leader Tilvin Silva, aims to foster cooperation on economic projects and address New Delhi's concerns over slow progress in India-aided initiatives in the island nation.

China Dominates India's Electronics Imports

China Dominates India's Electronics Imports

Rediff.com12 Sep 2026

'The large number of tariff lines in the 90-99 per cent band highlights how deeply embedded Chinese sourcing has become in India's electronics imports.'

NSE Rings The Gong At BSE

NSE Rings The Gong At BSE

Rediff.com24 Sep 2026

The National Stock Exchange marked its stock market debut at the Bombay Stock Exchange on September 24, 2026, with a traditional gong-ringing ceremony.

CBI Arrests Key Accused In USD 7 Million Transnational Cyber Fraud Targeting US Citizens

CBI Arrests Key Accused In USD 7 Million Transnational Cyber Fraud Targeting US Citizens

Rediff.com25 Sep 2026

The Central Bureau of Investigation (CBI) has arrested Ankit Satishchandra Pandey in connection with a transnational cyber-financial fraud case. Pandey allegedly defrauded US nationals of over USD 7 million by impersonating US federal agency officials through illegal call centres in Gujarat, coercing victims into transferring funds and purchasing gold.

Import-linked GST drives 18.1% surge in September revenue

Import-linked GST drives 18.1% surge in September revenue

Rediff.com2 Oct 2026

India's Goods and Services Tax (GST) receipts, after accounting for refunds, surged by 18.1 per cent annually to approximately 1.77 trillion in September, marking its fastest growth in six months. This increase was primarily driven by a significant rise in tax revenue from imports, which grew 26 per cent annually.

Key Nirav Modi Aide Sandeep Mistry Deported From UAE, Arrested In PNB Fraud Case

Key Nirav Modi Aide Sandeep Mistry Deported From UAE, Arrested In PNB Fraud Case

Rediff.com29 Sep 2026

Sandeep Mistry, a key associate of fugitive businessman Nirav Modi, has been arrested by the CBI after his deportation from the UAE. Mistry is implicated in the Rs 6,498.20 crore Punjab National Bank scam, where he allegedly facilitated forged documents, coerced dummy directors, and siphoned funds. He has been remanded to judicial custody.

How Sachin Siwach Secured His Place In The Asian Games Boxing Quarterfinals

How Sachin Siwach Secured His Place In The Asian Games Boxing Quarterfinals

Rediff.com25 Sep 2026

Indian boxer Sachin Siwach secured a hard-fought split-decision victory over Jordan's Mohammad Adnan Abu Jajeh to advance to the men's 60kg quarterfinals at the Asian Games, moving one step closer to a medal.

India Inc's credit quality robust in H1FY27, but global risks loom

India Inc's credit quality robust in H1FY27, but global risks loom

Rediff.com1 Oct 2026

The Indian corporate sector demonstrated strong credit quality in the first half of FY27, driven by robust balance sheets and healthy liquidity, despite facing risks from elevated crude prices, inflation, and global interest rates.

Jamui Molestation: 'Super-Speedy' Trial Ordered

Jamui Molestation: 'Super-Speedy' Trial Ordered

Rediff.com25 Sep 2026

The state government has directed the concerned officials in Jamui to ensure speedy punishment for the accused in the case to send a message that the government will not tolerate such incidents.

Crude Oil, West Asia Tensions to Dictate Indian Stock Market Momentum

Crude Oil, West Asia Tensions to Dictate Indian Stock Market Momentum

Rediff.com20 Sep 2026

Indian stock market investors are closely monitoring crude oil prices, geopolitical developments in West Asia, and the implications of the US Sanctioning Russia and Iran Act, which could impose tariffs on countries, including India, that purchase Russian crude.

Jaishankar meets Rubio at UNGA, shares concerns on sanctions bill

Jaishankar meets Rubio at UNGA, shares concerns on sanctions bill

Rediff.com23 Sep 2026

External Affairs Minister S Jaishankar met US Secretary of State Marco Rubio on the sidelines of the UN General Assembly session in New York. India raised its concerns regarding the recently signed "Lindsey O. Graham Sanctioning Russia and Iran Act of 2026," which authorises tariffs on countries buying Russian oil and gas. Both leaders also discussed bilateral relations, regional priorities, and the situations in the Gulf and Ukraine.

Can top professionals fall for cyber fraud? IIT Madras study says...

Can top professionals fall for cyber fraud? IIT Madras study says...

Rediff.com29 Sep 2026

An IIT Madras study reveals that financial cybercrime victims in India are often highly educated professionals, challenging the notion that only careless or financially unaware individuals are targeted. The research highlights that digital literacy doesn't guarantee protection, as fraudsters exploit stress and emotional vulnerabilities.

Floor-sleeping champion! China's Li Wenwen adds Asian Games gold to Olympic collection

Floor-sleeping champion! China's Li Wenwen adds Asian Games gold to Olympic collection

Rediff.com29 Sep 2026

Li Wenwen secured +86kg Asian Games gold with 310kg and two Games records, then revealed her unusual floor-sleeping routine remains unchanged as she targets future Olympic success.

Iran won't bow to 'bullying': Pezeshkian's message to US, Israel from Delhi

Iran won't bow to 'bullying': Pezeshkian's message to US, Israel from Delhi

Rediff.com12 Sep 2026

Iranian President Masoud Pezeshkian declared that Iran will not succumb to "bullying" from the US and Israel, vowing to protect national interests amidst escalating West Asian hostilities. During his visit to New Delhi for the BRICS summit, Pezeshkian also discussed strengthening bilateral ties with Prime Minister Narendra Modi and advocated for local currencies in BRICS trade, positioning Iran as a strategic energy and transport partner.

Boxer Sachin Siwach one win from Asian Games medal; Preeti exits

Boxer Sachin Siwach one win from Asian Games medal; Preeti exits

Rediff.com25 Sep 2026

Indian boxer Sachin Siwach has advanced to the men's 60kg quarterfinals at the Asian Games with a 4-1 victory over Mohammad Adnan Abu Jajeh. Meanwhile, last edition's bronze medallist Preeti Pawar was eliminated after a 0-5 loss to North Korea's Pang Chol M in the women's 54kg round of 16. Siwach is now one win away from securing a medal.

Meesho's unique value-commerce model faces stiff competition, premium valuations

Meesho's unique value-commerce model faces stiff competition, premium valuations

Rediff.com3 Oct 2026

Meesho, a value-commerce platform targeting middle- and lower-income geographies, is poised for significant growth driven by its asset-light model and low fulfilment costs, but faces intense competition from e-commerce giants and high valuations.

India may seek sunset clause in US trade pact

India may seek sunset clause in US trade pact

Rediff.com29 Jun 2026

India may press for an automatic review mechanism in its proposed interim trade deal with the United States (US), mirroring a sunset clause introduced by the European Parliament in its trade agreement with Washington, people aware of the negotiations said. The European Parliament last week approved the EU-US trade deal but inserted a sunset clause requiring the arrangement to expire on December 31, 2029, unless both sides agree to extend it.

UPI Fee: Governments Gusty Response

UPI Fee: Governments Gusty Response

Rediff.com3 Oct 2026

If the new MDR regime is rolled out from the middle of this month, as scheduled, it should count as one of the boldest political actions by the Modi government on an economic-policy issue, and a signal that it is less worried about erosion of political capital it draws from one of its key constituencies, notes A K Bhattacharya.

9/11 Memorial: Where New York Remembers

9/11 Memorial: Where New York Remembers

Rediff.com11 Sep 2026

Twenty-five years after the September 11 attacks, the 9/11 Memorial & Museum remains a place of remembrance, resilience and reflection, discovers Tanisha Mehrotra.

India Rejects US Influence Claims Over UPI MDR Policy

India Rejects US Influence Claims Over UPI MDR Policy

Rediff.com17 Sep 2026

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.

Paytm shares jump over 7% as UPI fee introduced; other fintechs volatile

Paytm shares jump over 7% as UPI fee introduced; other fintechs volatile

Rediff.com16 Sep 2026

Shares of fintech firms, particularly Paytm, saw significant movement after the Indian government introduced a 0.4 per cent fee on UPI transfers exceeding Rs 2,000 made to merchants, effective October 15.

Major Heroin Haul In Ferozepur: Three Arrested, Over 6 Kg Seized

Major Heroin Haul In Ferozepur: Three Arrested, Over 6 Kg Seized

Rediff.com24 Sep 2026

Police in Ferozepur, Punjab, have arrested three alleged drug smugglers and seized over 6 kg of heroin. The arrests were made during a CIA operation based on credible inputs, intercepting the accused near Saddu Shah Wala village. Two other individuals, including the main accused who allegedly received drone-dropped consignments, remain absconding.

Some give, some take for Indian automakers in EU FTA

Some give, some take for Indian automakers in EU FTA

Rediff.com21 Sep 2026

India-EU FTA opens a bigger European market for Indian carmakers while giving European brands greater access to India.

India's New Steel Policy Aims for 600 MT Capacity, Decarbonisation by 2047

India's New Steel Policy Aims for 600 MT Capacity, Decarbonisation by 2047

Rediff.com30 Sep 2026

India's government is set to release its draft National Steel Policy for public consultation, aiming for over 600 million tonnes of steelmaking capacity and 500 million tonnes of consumption by 2047. The policy will also introduce a ~5,000-crore scheme to incentivise small steel producers for carbon emission reduction and address challenges like raw material availability and technological dependence.

Sundar Pichai, Satya Nadella Dine With Xi

Sundar Pichai, Satya Nadella Dine With Xi

Rediff.com25 Sep 2026

US President Donald Trump and First Lady Melania Trump hosted a lavish state dinner for Chinese President Xi Jinping and his wife Peng Liyuan at the White House on September 24, 2026. The guest list featured a who's who of American tech and business leaders, including Jensen Huang, Tim Cook, Sundar Pichai, Elon Musk, Satya Nadella, Sam Altman, Mark Zuckerberg, Jamie Dimon and Jeff Bezos, alongside senior US officials.