News for 'US Commerce'

Modi dials Trump, discusses economic ties, trade deal

Modi dials Trump, discusses economic ties, trade deal

Rediff.com11 Dec 2025

Prime Minister Narendra Modi and US President Donald Trump discussed enhancing economic ties and a potential trade deal during a phone conversation.

India, Oman trade pact: Agri items, gold, silver, footwear excluded

India, Oman trade pact: Agri items, gold, silver, footwear excluded

Rediff.com18 Dec 2025

India has protected the interest of domestic farmers and MSMEs by not extending any duty concessions on products across several sectors, including agricultural items such as dairy, as well as chocolates, gold, silver, jewellery, footwear, and sports goods, under the trade pact with Oman.

World's 9 Fastest-Growing Cities

World's 9 Fastest-Growing Cities

Rediff.com26 Dec 2025

Asia takes the lead, boasting four Indian cities on the list, according to the 2024 Savills Growth Hubs Index.

Coming Soon! Prada's Made in India Kolhapuri Chappals

Coming Soon! Prada's Made in India Kolhapuri Chappals

Rediff.com13 Dec 2025

Prada's Kolhapuri chappals will debut globally in February across 40 Prada stores and on the brand's e-commerce platform.

Meesho's shares surged over 46% in market debut trade

Meesho's shares surged over 46% in market debut trade

Rediff.com10 Dec 2025

Shares of e-commerce firm Meesho on Wednesday made a remarkable market debut by listing with a premium of more than 46 per cent against the issue price of Rs 111.

Australia in touch with India on Bondi Beach terror attack: MEA

Australia in touch with India on Bondi Beach terror attack: MEA

Rediff.com26 Dec 2025

The Telangana police on December 16 stated that Sajid Akram, one of the accused in the Bondi Beach terror attack in Australia, was originally from Hyderabad, contrary to earlier reports that had identified the attackers as being of Pakistani origin.

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.

Avatar: Fire And Ash Review: Predictable

Avatar: Fire And Ash Review: Predictable

Rediff.com19 Dec 2025

Avatar: Fire And Ash is visually stunning and emotionally engaging, offering strong performances and thrilling action, notes Syed Firdaus Ashraf.

AI adoption in MSMEs can unlock over $500 bn value: BCGX-FICCI report

AI adoption in MSMEs can unlock over $500 bn value: BCGX-FICCI report

Rediff.com18 Dec 2025

Adoption of Artificial Intelligence (AI) in India's 64 million Micro, Small and Medium Enterprises (MSMEs) alone could unlock over $500 billion in economic value, but the country must pivot from an "adopt-first" to an "invent-first" mindset to realise this potential, according to a new report.

Exports up in first 3 weeks of Nov: Goyal

Exports up in first 3 weeks of Nov: Goyal

Rediff.com26 Nov 2025

India's merchandise exports grew in the first three weeks of November compared with the same period last year, according to preliminary government data, Commerce and Industry Minister Piyush Goyal said on Tuesday. The uptick comes despite globa

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.

After Modi-Xi meet, India-China Beijing talks record steady progress

After Modi-Xi meet, India-China Beijing talks record steady progress

Rediff.com13 Dec 2025

Senior officials from India and China's foreign ministries met in Beijing to discuss bilateral ties following a meeting between Prime Minister Modi and President Xi.

Govt seeks LS nod for Rs 41,455 cr net extra spending in FY26

Govt seeks LS nod for Rs 41,455 cr net extra spending in FY26

Rediff.com1 Dec 2025

Finance Minister Nirmala Sitharaman tabled the first batch of Supplementary Demands for Grants for 2025-26 in the Lok Sabha, which seeks approval for a gross additional expenditure of Rs 1.32 lakh crore.

'India, US Close To Framework Deal'

'India, US Close To Framework Deal'

Rediff.com16 Dec 2025

'...but I would not like to put a timeline to it'

Amazon to invest $35 billion in India by 2030 across businesses

Amazon to invest $35 billion in India by 2030 across businesses

Rediff.com10 Dec 2025

E-commerce giant Amazon plans to make a mega-investment of $35 billion, over Rs 3.14 lakh crore, in India by 2030 across its businesses with a focus on AI-driven digitization, export growth and job creation, a senior company official said on Wednesday.

Why Does Modi Pass Bills In Such Haste?

Why Does Modi Pass Bills In Such Haste?

Rediff.com27 Dec 2025

The passing of bills without Parliament, including the treasury benches, having any real understanding of what they contained through any rigorous process has accelerated through the Modi era, points out Aakar Patel.

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.

Exports up 19.37% to $38.13 bn in November

Exports up 19.37% to $38.13 bn in November

Rediff.com15 Dec 2025

India's exports jumped by 19.37 per cent to $38.13 billion in November, while imports dipped by 1.88 per cent to $62.66 billion, according to government data released on Monday.

ISRO Clears 200 Milestones, Gaganyaan Next

ISRO Clears 200 Milestones, Gaganyaan Next

Rediff.com24 Dec 2025

From a surge in startups to crewed mission preparations, 2025 marks a transformative year as India eyes $44 billion space economy by 2033.

Want To Quit Your Job? Answer These Questions First

Want To Quit Your Job? Answer These Questions First

Rediff.com28 Nov 2025

The size or turnover of a company, or even the salary package offered, no longer prevents employees from quitting, notices rediffGURU Pradeep Pramanik.

'Gambhir can't be a coach; he can be a manager'

'Gambhir can't be a coach; he can be a manager'

Rediff.com19 Dec 2025

India's first World Cup-winning captain Kapil Dev says a modern-day head coach's role is more about "managing" players than actually coaching them, amid criticism surrounding Gautam Gambhir's working style.

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.

India, Oman to ink free trade agreement during PM Narendra Modi visit

India, Oman to ink free trade agreement during PM Narendra Modi visit

Rediff.com13 Dec 2025

Next week's three-nation foreign tour of Prime Minister Narendra Modi will see India and Oman sign a free trade deal. The visit will also pave the way for agreements with Ethiopia and Jordan to increase India's bilateral trade and investments.

Why Were Aditi, Mrunal, Urvashi Honoured?

Why Were Aditi, Mrunal, Urvashi Honoured?

Rediff.com8 Dec 2025

Why did Lifestyle Asia magazine honour these Bollywood personalities?

Rupee slumps 29 paise to close at all-time low of 90.78/USD

Rupee slumps 29 paise to close at all-time low of 90.78/USD

Rediff.com15 Dec 2025

The rupee plunged 26 paise to an all-time low of 90.75 against the US dollar in intra-day trade on Monday, weighed down by uncertainty over an India-US trade deal and persistent foreign fund outflows.

Mexico imposes up to 50% tariff on imports from India and China

Mexico imposes up to 50% tariff on imports from India and China

Rediff.com12 Dec 2025

Mexico on Thursday imposed a tariff of up to 50 per cent on imports from its non-preferential trade partners, including India, a move that might hit New Delhi's annual $5.75 billion shipments to its third-largest car export market.

Who is Satadru Dutta? The man behind Messi's India Tour

Who is Satadru Dutta? The man behind Messi's India Tour

Rediff.com13 Dec 2025

Satadru Dutta's rise was swift and ambitious. But that journey took a dramatic nosedive on Saturday.

Shivraj Patil cremated with state honours

Shivraj Patil cremated with state honours

Rediff.com13 Dec 2025

The last rites of veteran Congress leader and former Union minister Shivraj Patil were performed with full state honours in his home district, Latur, in Maharashtra on Saturday, with many top leaders in attendance.

200% spike in gold import drives India's trade deficit to $41.68 billion

200% spike in gold import drives India's trade deficit to $41.68 billion

Rediff.com22 Nov 2025

India's merchandise trade deficit widened to a record $41.68 billion in October, as gold imports trebled and outbound shipments registered their sharpest contraction in 14 months, according to data released by the commerce department.

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.

Tax forms for charitable institutions set for overhaul

Tax forms for charitable institutions set for overhaul

Rediff.com4 Dec 2025

As the new Income Tax (I-T) Act, 2025 moves towards implementation from April 1, 2026, the finance ministry is reviewing and simplifying the compliance forms used by charitable institutions. Debjyoti Das, principal chief commissioner of income tax (exemption), said the new Act has already reorganised exemption provisions into a clearer and more coherent structure, and the accompanying procedures and forms are now being examined.

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.

Sweet Dreams: How A Banker Became A Chocolatier

Sweet Dreams: How A Banker Became A Chocolatier

Rediff.com18 Dec 2025

'If I were a housewife, it would have been Ok. But I was set in my job and then suddenly I quit.'

White-collar hiring picks up pace in Nov; grows 23% y-o-y

White-collar hiring picks up pace in Nov; grows 23% y-o-y

Rediff.com2 Dec 2025

White collar hiring in November has surged by 23 per cent, mainly led by non-IT sectors such as education, real estate, hospitality and travel, and insurance, says a report. October had registered a 9 per cent year-on-year decline in hiring due to advancement of Diwali dates this year while in November it rebounded with a 23 per cent growth, according to the Naukri JobSpeak Index report.

'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.'

India a top priority: Prosus CEO

India a top priority: Prosus CEO

Rediff.com2 Dec 2025

Highlighting India as the company's most important growth market, Fabricio Bloisi, group chief executive officer (CEO) of the Dutch technology investor Prosus signaled a sharp acceleration in artificial-intelligence investments across its portfolio in the country.

At UNSC, India calls for 'pragmatic engagement' with Taliban

At UNSC, India calls for 'pragmatic engagement' with Taliban

Rediff.com11 Dec 2025

India told the UN Security Council that it calls for a pragmatic engagement with the Taliban, underlining that a focus on only punitive measures will ensure a 'business as usual' approach.

When Prez Murmu surprised ex-staffer at Odisha assembly

When Prez Murmu surprised ex-staffer at Odisha assembly

Rediff.com27 Nov 2025

Ananta Charan Behera went to his former workplace, the Odisha assembly, on Thursday to have a glimpse of President Droupadi Murmu, but was utterly surprised when she spotted him in the crowd and called him by his name.

Sensex jumps over 513 points on buying in IT stocks

Sensex jumps over 513 points on buying in IT stocks

Rediff.com19 Nov 2025

From the Sensex pack, HCL Tech, Infosys, Tata Consultancy Services, Hindustan Unilever, Sun Pharma and Titan were among the biggest gainers. In contrast, Tata Motors Passenger Vehicles, Maruti, Adani Ports and Bajaj Finance were among the laggards.

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.'