News for 'Trade'

Can India's Fireworks Capital Take on China?

Can India's Fireworks Capital Take on China?

Rediff.com1 days ago

Sivakasi, India's fireworks capital, is eyeing global markets as green crackers, rising demand and interest from overseas buyers offer a chance to challenge China's dominance.

Mumbai Police Bust Spa Sex Racket, Rescue Four Women

Mumbai Police Bust Spa Sex Racket, Rescue Four Women

Rediff.com8 Oct 2026

Mumbai Police have busted an alleged flesh trade racket operating under the guise of a spa centre in Borivali, arresting the cashier and rescuing four women. The accused has been booked under the Bharatiya Nyaya Sanhita and the Immoral Traffic (Prevention) Act.

Sebi confirms Rajesh Exports curbs, flags incomplete information in probe

Sebi confirms Rajesh Exports curbs, flags incomplete information in probe

Rediff.com15 Oct 2026

The Securities and Exchange Board of India (Sebi) has confirmed its interim directions against Rajesh Exports and its chairman, Rajesh Mehta, due to unresolved concerns regarding financial disclosures, consolidation of overseas subsidiaries, and alleged fund routing through related parties.

'400 times the cost': SC slams govt over drug pricing, asks to cap all medicines

'400 times the cost': SC slams govt over drug pricing, asks to cap all medicines

Rediff.com12 Oct 2026

The Supreme Court expressed dissatisfaction with the Centre's cap on anti-cancer drug trade margins, questioning why similar controls aren't applied to other medicines. The court highlighted significant markups on common drugs and medical devices, urging the government to expand its price regulation efforts and present modalities by October 27.

Operation Sindoor features in Trump's midterm poll rallies

Operation Sindoor features in Trump's midterm poll rallies

Rediff.com18 hours ago

Former US President Donald Trump has once again claimed he prevented a war between India and Pakistan by threatening them with steep tariffs, expressing disappointment that his efforts have not earned him a Nobel Peace Prize. India, however, maintains that any de-escalation was a direct agreement between the two nations.

Rs 49 Lakh Banned Tobacco Seized In Palghar

Rs 49 Lakh Banned Tobacco Seized In Palghar

Rediff.com3 days ago

Police in Palghar, Maharashtra, seized banned tobacco products and pan masala worth Rs 49.24 lakh from a tempo on the Mumbai-Ahmedabad highway. The vehicle's driver was arrested, and a case was registered under the Bharatiya Nyaya Sanhita and the Food Safety and Standards Act.

Mid, Smallcap Mutual Fund AUM Hits Rs 10 Trillion Mark, Experts Optimistic

Mid, Smallcap Mutual Fund AUM Hits Rs 10 Trillion Mark, Experts Optimistic

Rediff.com3 days ago

Mid and smallcap mutual fund schemes in India have quadrupled their assets under management (AUM) to 10 trillion in five years, driven by strong investor inflows and market gains, with experts anticipating continued growth despite mixed valuations.

FPI Outflows Hit Record Rs 3 Trillion In 2026

FPI Outflows Hit Record Rs 3 Trillion In 2026

Rediff.com14 Oct 2026

Sustained selling by foreign investors is weighing on domestic equities, with the benchmark Sensex and Nifty 50 down 15.60 per cent and 14.4 per cent, respectively, this year.

Amit Shah meets Punjab drug victims' families, seeks CBI probe into deaths

Amit Shah meets Punjab drug victims' families, seeks CBI probe into deaths

Rediff.com4 days ago

Union Home Minister Amit Shah on Tuesday met the families of individuals who lost their lives due to drug-related issues in Punjab, saying he had never felt so deeply saddened in life as he did while meeting them and also called out the AAP government for failing to curb the menace.

New bilateral investment treaty framework to get Cabinet nod soon: FM Sitharaman

New bilateral investment treaty framework to get Cabinet nod soon: FM Sitharaman

Rediff.com5 Oct 2026

Finance Minister Nirmala Sitharaman announced that India is set to introduce a new, more investor-friendly bilateral investment treaty (BIT) framework, which is expected to receive Cabinet approval shortly, aiming to provide sharper protection for investors from both sides.

Currency in Circulation Growth Hits 5-Year High, Driven by FCNR(B) Deposits

Currency in Circulation Growth Hits 5-Year High, Driven by FCNR(B) Deposits

Rediff.com18 hours ago

Growth in India's currency in circulation (CiC) has reached a five-year high, primarily due to deposits under the Foreign Currency Non-Resident (Bank), or FCNR(B), scheme, leading to a robust increase in reserve money, according to the Reserve Bank of India's (RBI) 'State of the Economy' report.

RBI's 'Calibrated Tightening' Drags Indian Markets Lower Amid Global Headwinds

RBI's 'Calibrated Tightening' Drags Indian Markets Lower Amid Global Headwinds

Rediff.com8 Oct 2026

Indian benchmark indices Sensex and Nifty experienced declines in early trade, influenced by the Reserve Bank of India's (RBI) recent repo rate hike and its signal for continued monetary tightening, coupled with rising crude oil prices and foreign fund outflows. Track Sensex, Nifty on October 8.

HCLTech's Q2 performance: Robust growth and AI traction, but valuation concerns persist

HCLTech's Q2 performance: Robust growth and AI traction, but valuation concerns persist

Rediff.com3 days ago

HCLTech, India's third-largest IT services company, reported robust Q2 revenue growth of 2.3 per cent in constant currency, driven by services and ER&D segments, with strong new deal wins of $3.3 billion and significant traction in its AI business. Despite exceeding margin estimates and raising revenue guidance, some brokerages remain cautious due to the stock's premium valuation compared to peers.

Jio Platforms IPO, Q2 Earnings, Crude Oil to Dictate Market Mood

Jio Platforms IPO, Q2 Earnings, Crude Oil to Dictate Market Mood

Rediff.com6 days ago

Investors are set to monitor quarterly earnings, crude oil prices, the Jio Platforms initial public offering, and foreign investor activity in the upcoming holiday-shortened week, according to market analysts.

Thane Crime Branch Seizes Rs 2.72 Crore Ambergris

Thane Crime Branch Seizes Rs 2.72 Crore Ambergris

Rediff.com8 Oct 2026

Thane Crime Branch arrested two individuals with 2.72 kilograms of ambergris, also known as whale vomit, valued at Rs 2.72 crore in the international market. The protected marine substance, used in luxury perfumes, was seized during a trap operation, and a case has been registered under the Wildlife Protection Act.

Bootlegger Arrested, Illicit Liquor Seized In Beed

Bootlegger Arrested, Illicit Liquor Seized In Beed

Rediff.com11 Oct 2026

Police in Beed, Maharashtra, arrested a 48-year-old bootlegger and seized illicit Indian-Made Foreign Liquor (IMFL) and a motorcycle worth Rs 1.11 lakh. The accused was intercepted on Friday night following a tip-off.

DRI Nabs Five, Seizes Gold And Foreign Currency Worth Crores

DRI Nabs Five, Seizes Gold And Foreign Currency Worth Crores

Rediff.com3 days ago

The Directorate of Revenue Intelligence (DRI) arrested five individuals and seized 3.1 kg of foreign-origin gold, US dollars, and euros, collectively valued at over Rs 5.8 crore, near Vijayawada. The operation targeted a syndicate allegedly smuggling gold from Bangladesh to Hyderabad via Kolkata.

Gurugram, Faridabad plunge into darkness as power workers go on strike

Gurugram, Faridabad plunge into darkness as power workers go on strike

Rediff.com1 days ago

A strike by Dakshin Haryana Bijli Vitran Nigam (DHBVN) workers has caused widespread power outages across Gurugram, Faridabad, and Nuh districts since Wednesday night. Thousands of residents and industrial units are affected, leading to significant economic losses and disruption of essential services like water supply. Talks between authorities and striking employees have so far been inconclusive.

Indian Bonds See Worst Losing Streak in 30 Years as Crude, US Yields Remain Elevated

Indian Bonds See Worst Losing Streak in 30 Years as Crude, US Yields Remain Elevated

Rediff.com18 hours ago

Indian government bond yields have recorded their worst losing streak in three decades, rising for the tenth consecutive week, driven by elevated crude oil prices and increasing global yields. The rupee also weakened, and India's foreign exchange reserves saw a significant decline.

Sensex, Nifty surge on falling crude, bank stocks rally

Sensex, Nifty surge on falling crude, bank stocks rally

Rediff.com6 Oct 2026

Indian benchmark indices Sensex and Nifty extended their rally for a second consecutive session, driven by a decline in Brent crude oil prices below USD 100 per barrel and strong buying in banking stocks and Reliance Industries.

Mutual Funds Suspend Gold FoF Subscriptions Ahead of Festive Season

Mutual Funds Suspend Gold FoF Subscriptions Ahead of Festive Season

Rediff.com16 Oct 2026

Over a dozen mutual fund houses in India have temporarily suspended fresh subscriptions in their gold fund of funds (FoFs) and gold-silver FoFs, a move believed to be influenced by directions from the Securities and Exchange Board of India (Sebi) ahead of the festive season.

IT Stocks Gain Rs 25,029 Crore

IT Stocks Gain Rs 25,029 Crore

Rediff.com15 Oct 2026

Pharma stocks lost Rs 25,169 crore.

France braces for more protests, clampdown intensifies

France braces for more protests, clampdown intensifies

Rediff.com3 days ago

France is preparing for fresh demonstrations on October 24 with a "massive" police deployment and extended curfews, following days of violent unrest. The protests, initially sparked by school conditions, have broadened into a nationwide campaign against rising living costs and declining public services, leading to over 2,500 arrests and significant damage.

SME IPOs struggle with negative returns as mainboard issues thrive

SME IPOs struggle with negative returns as mainboard issues thrive

Rediff.com6 Oct 2026

Small and medium enterprise (SME) initial public offerings (IPOs) in India are significantly underperforming mainboard listings, with 81 out of 161 SME IPOs trading below their issue price this year, and a median return of -0.2 per cent compared to a 24 per cent gain for mainboard issues.

RSS body urges Centre to deny licence to Musk's Starlink

RSS body urges Centre to deny licence to Musk's Starlink

Rediff.com1 days ago

The Swadeshi Jagran Manch (SJM) has urged the Indian government to deny permission to Elon Musk's Starlink for commercial satellite broadband services, citing national security concerns. The RSS-affiliated organisation highlighted issues with data bypassing Indian gateways and the potential for misuse by hostile actors, advocating for indigenous solutions.

Profit-taking, rising inflation, and elevated crude oil prices drag Indian markets lower

Profit-taking, rising inflation, and elevated crude oil prices drag Indian markets lower

Rediff.com14 Oct 2026

Indian benchmark stock indices, Sensex and Nifty, closed lower due to profit-taking, a spike in wholesale price-based inflation, and firm crude oil prices, despite some support from easing intraday crude oil prices and rupee appreciation.

Modi, Trump talk on phone amid sanctions threat

Modi, Trump talk on phone amid sanctions threat

Rediff.com1 Oct 2026

Prime Minister Narendra Modi and US President Donald Trump held a telephone conversation to review progress in bilateral ties, covering trade, defence, and energy, against the backdrop of heightened trade friction due to the 'Lindsey O. Graham Sanctioning Russia and Iran Act of 2026'.

Airtel Money makes LSE debut, marking exchange's largest IPO in years

Airtel Money makes LSE debut, marking exchange's largest IPO in years

Rediff.com9 Oct 2026

African digital financial services platform, Airtel Money, has successfully debuted on the London Stock Exchange, marking the exchange's largest initial public offering (IPO) in several years with an implied market capitalisation of about USD 7 billion.

Stronger Rupee, Global Cues Drive Gold and Silver Prices Down in India

Stronger Rupee, Global Cues Drive Gold and Silver Prices Down in India

Rediff.com14 Oct 2026

Gold prices in India have fallen for the third consecutive day, shedding Rs 1,800 to Rs 1.5 lakh per 10 grams, primarily due to a strengthening rupee and weak global cues. Silver also saw a significant decline, tumbling Rs 5,000 to Rs 2.21 lakh per 10 grams.

Parliamentary Panel Pushes for Swift India-US Bilateral Trade Agreement

Parliamentary Panel Pushes for Swift India-US Bilateral Trade Agreement

Rediff.com7 Aug 2026

A Parliamentary Standing Committee on Commerce has urged the Indian government to swiftly conclude the proposed India-US Bilateral Trade Agreement (BTA), while ensuring India's interests are protected, recommending complete exemption for key export products like generic medicines and smartphones from future US tariff increases.

Stock Markets Today: Sensex, Nifty Down on FII Outflow

Stock Markets Today: Sensex, Nifty Down on FII Outflow

Rediff.com1 Oct 2026

Indian benchmark indices, Sensex and Nifty, experienced a decline in early trade due to relentless foreign institutional investor (FII) outflows, although a drop in crude oil prices below USD 100 per barrel provided some cushioning. Track Sensex, Nifty on October 1.

Stock Markets Today: Sensex, Nifty Jump on Global Cues

Stock Markets Today: Sensex, Nifty Jump on Global Cues

Rediff.com5 Oct 2026

Indian benchmark indices Sensex and Nifty saw a significant rebound in early trade, with the Sensex surging over 700 points, driven by a decline in crude oil prices, easing concerns over Federal Reserve tightening, and the appointment of Anup Bagchi as the new MD and CEO of HDFC Bank.

How India And China Nearly Avoided 1962 War

How India And China Nearly Avoided 1962 War

Rediff.com5 days ago

The conversations on July 22 and 23, 1962, meetings in Geneva between V K Krishna Menon, India's defence minister at the time, and Chinese vice premier Chen Yi are important because, had they been followed up, the subsequent border war may perhaps have been avoided, notes former foreign secretary Shyam Saran.

Rashtrapati Bhavan rolls out all-veg Kashmiri banquet for Swiss president

Rashtrapati Bhavan rolls out all-veg Kashmiri banquet for Swiss president

Rediff.com6 Oct 2026

President Droupadi Murmu hosted Swiss President Guy Parmelin at a banquet featuring exquisite delicacies from Jammu and Kashmir and Ladakh. The curated menu highlighted unique regional ingredients and culinary traditions, serving as a cultural exchange alongside significant bilateral discussions on trade, migration, nuclear energy, and defence.

Akash Ambani seeks to recreate Dhirubhai's legacy with India's biggest IPO as Jio goes public

Akash Ambani seeks to recreate Dhirubhai's legacy with India's biggest IPO as Jio goes public

Rediff.com4 days ago

Akash Ambani is leading Jio Platforms' initial public offering (IPO), set to be India's largest, with a strategy that includes appealing to regional investors and drawing parallels to his grandfather Dhirubhai Ambani's historic public listing of Reliance Industries.

DP World To Sponsor India Championship Until 2035

DP World To Sponsor India Championship Until 2035

Rediff.com6 days ago

Global smart logistics provider DP World has confirmed its title sponsorship of the DP World India Championship will continue until 2035. This extension, part of a larger partnership, highlights India's growing importance in elite golf and as a strategic market for DP World, aiming to foster the next generation of Indian golfers.

Stock Markets Today: Sensex, Nifty Tumble Amid Geopolitical Worries, Surging Crude Oil

Stock Markets Today: Sensex, Nifty Tumble Amid Geopolitical Worries, Surging Crude Oil

Rediff.com28 Sep 2026

Indian benchmark indices Sensex and Nifty experienced a significant downturn in early trade, with the Sensex tanking 730 points, driven by surging crude oil prices, escalating geopolitical uncertainties, and a weak trend observed across Asian markets.

When Mumbai's Streets Were Battlegrounds For Protests

When Mumbai's Streets Were Battlegrounds For Protests

Rediff.com20 hours ago

Marchers would walk four or five abreast through one side of the main Mahatma Gandhi Road, holding red or white banners that stretched from one end to the other, shouting slogans, calling upon passers by, including employees watching from the offices that line the road, to join (Dekhta kya/Shaamil ho), recalls Jyoti Punwani.

What Kon-Tiki And Odyssey Teach Us

What Kon-Tiki And Odyssey Teach Us

Rediff.com4 days ago

Both journeys teach us the importance of active humility.

Sensex Jumps 1,109 Points as IT Firms, HDFC Bank Lead Market Rebound

Sensex Jumps 1,109 Points as IT Firms, HDFC Bank Lead Market Rebound

Rediff.com13 Oct 2026

Indian stock markets witnessed a significant rebound, with the Sensex rallying 1,109 points and the Nifty closing above 22,720, driven by strong performances in IT and financial sectors, a recovering rupee, and Finance Minister Nirmala Sitharaman's comments on long-term capital gains (LTCG) tax.