News for 'US Commerce'

Sehwag wants Sooryavanshi to get more games and prove his worth

Sehwag wants Sooryavanshi to get more games and prove his worth

Rediff.com10 Oct 2026

Former India opener Virender Sehwag has praised young batter Vaibhav Sooryavanshi, comparing his aggressive style to his own. Sehwag emphasised that age is not a barrier in top-flight cricket if performance is consistent. He also lauded Shubman Gill for his recent double century and record-breaking performance, and expressed confidence in India's bowling attack for the 2027 ODI World Cup.

Risk of stampede, impact on businesses: What Delhi cops' no-protest notice says

Risk of stampede, impact on businesses: What Delhi cops' no-protest notice says

Rediff.com7 days ago

Delhi Police have taken stringent measures to prevent the Cockroach Janta Party's 'Lehra Do Tiranga' march in Connaught Place, deploying thousands of personnel and citing prohibitory orders under Section 163 of the BNSS due to risks of traffic disruption, stampede, and threats to public safety.

Cosmetics From Pakistan Breach Indian Market

Cosmetics From Pakistan Breach Indian Market

Rediff.com23 Sep 2026

CDSCO has warned consumers against using two unauthorised Pakistani whitening creams after finding excessive heavy metals and regulatory violations.

India's Ayush Sector Looks Beyond Primary Care

India's Ayush Sector Looks Beyond Primary Care

Rediff.com6 days ago

Dedicated Ayush dispensaries increased from 26,130 in 2013-2014 to 37,804 in 2024-2025, while hospitals rose much more slowly, from 3,605 to 3,885.

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'.

GST Council proposes decriminalisation, scrapping arrest powers, and easier compliance

GST Council proposes decriminalisation, scrapping arrest powers, and easier compliance

Rediff.com8 Oct 2026

The GST Council, chaired by Finance Minister Nirmala Sitharaman, has begun deliberations on significant reforms, including decriminalising nine offences, softening provisions for 24, and raising the threshold for criminal prosecution to Rs 5 crore. The proposed changes also include scrapping the arrest powers of GST officers and introducing an 'invoice matching system' to combat fake input tax credit claims, aiming for a trust-based taxation approach and enhanced ease of doing business.

UPI MDR Framework Needs Rationalisation to Protect Public Trust: IIT Bombay Report

UPI MDR Framework Needs Rationalisation to Protect Public Trust: IIT Bombay Report

Rediff.com11 Oct 2026

A report by IIT Bombay suggests that the proposed Merchant Discount Rate (MDR) framework for Unified Payments Interface (UPI) transactions needs rationalisation before implementation to safeguard public trust in the digital payments system, highlighting that UPI's long-term economic benefits outweigh potential incremental income from merchant fees.

MT El Gaia attack: India reiterates safe navigation in international waters

MT El Gaia attack: India reiterates safe navigation in international waters

Rediff.com15 Sep 2026

India on Tuesday reiterated the call for free and safe navigation in international waters and the unhindered flow of commerce through international waterways in the region after the Panama-flagged commercial vessel MT El Gaia came under attack off the coast of Oman, with 13 of the 14 Indian nationals on board rescued while search operations are underway for one missing seafarer.

Is India-US Trade Deal Near The Finish Line?

Is India-US Trade Deal Near The Finish Line?

Rediff.com15 Oct 2026

Marco Rubio will visit Mumbai and Jamnagar to discuss energy cooperation as S Jaishankar says India-US trade talks are nearing a landing point, with a few issues unresolved.

TMC stripped of key parliamentary panel chairpersonships

TMC stripped of key parliamentary panel chairpersonships

Rediff.com4 Oct 2026

The Trinamool Congress has lost the chairpersonship of two significant Parliamentary panels following a reconstitution by Rajya Sabha Chairman C P Radhakrishnan and Lok Sabha Speaker Om Birla. This development comes after a split in the TMC, with rebel MPs joining the Nationalist Citizen Party and supporting the NDA. The TMC has strongly criticised the move, alleging that Parliament is being turned into a 'deep, dark chamber' due to their exclusion from committee leadership.

Digital Commerce: Why Indians Lose Rs 28,000 Crore

Digital Commerce: Why Indians Lose Rs 28,000 Crore

Rediff.com10 Jun 2026

Dark patterns are no longer just a consumer protection concern, but a broader macroeconomic challenge affecting the long-term sustainability of India's digital commerce ecosystem.

Why IIT-Bombay Wants UPI MDR Cut To 0.08%

Why IIT-Bombay Wants UPI MDR Cut To 0.08%

Rediff.com11 Oct 2026

A report by IIT-Bombay professors recommends reducing the Merchant Discount Rate (MDR) on UPI transactions from 0.40 per cent to 0.08 per cent. It suggests that banks should fund the UPI ecosystem using their net interest margins from CASA deposits, rather than relying on MDR. The report also addresses transaction costs, credit card MDR, and ATM withdrawal allowances, aiming to ensure UPI's long-term sustainability and public trust by proposing remuneration only from large merchants.

RSS affliliate BKS to hold first-ever women's conclave on Sep 30

RSS affliliate BKS to hold first-ever women's conclave on Sep 30

Rediff.com28 Sep 2026

The RSS-affiliated Bharatiya Kisan Sangh (BKS) is set to host its inaugural women's conclave in New Delhi, aiming to advocate for increased representation of women farmers in agricultural policymaking. The event will bring together 7,000 women farmers to discuss their significant contributions to farming, livestock, and fisheries, and to push for policy changes, including a shift from MSP to MRP for produce.

India-US trade talks reach 'plateau', limited room for concessions: Sitharaman

India-US trade talks reach 'plateau', limited room for concessions: Sitharaman

Rediff.com5 Oct 2026

Finance Minister Nirmala Sitharaman stated that negotiations for the India-US trade agreement have reached a 'plateau', indicating limited scope for further concessions from either side, while also highlighting the US's aim to reduce its trade deficit with India.

India Must Diversify Services Exports For Sustainable Growth

India Must Diversify Services Exports For Sustainable Growth

Rediff.com9 Sep 2026

Commerce Secretary Rajesh Agarwal highlighted the critical need for India to diversify its services exports beyond the dominant IT/ITeS and professional services sectors. Speaking at the Global Fintech Fest 2026, he emphasised the vast potential in the global financial services market, where India currently holds a small share, and stressed how fintech solutions, like UPI, can drive growth, reduce remittance costs, and support MSME trade finance, ultimately leading to sustainable economic expansion.

More Indians Choose EMIs for Festival Shopping

More Indians Choose EMIs for Festival Shopping

Rediff.com3 Oct 2026

Festival shoppers are increasingly turning to EMIs and other affordability options for high-value purchases, especially beyond metro cities.

BJP successful in north as it 'stole Lord Ram': Telangana CM

BJP successful in north as it 'stole Lord Ram': Telangana CM

Rediff.com29 Sep 2026

Telangana Chief Minister A Revanth Reddy has ignited a political and religious debate by claiming the BJP "stole Lord Ram" and contrasting northern and southern religious sentiments, drawing sharp criticism from a Union Minister.

Task Force Formed To Revive Formula 1 In India By 2028

Task Force Formed To Revive Formula 1 In India By 2028

Rediff.com15 Sep 2026

Sports Minister Mansukh Mandaviya has announced the formation of a 10-member Task Force, chaired by Yugal Kishore Joshi, to explore the revival of Formula 1 in India. The committee will assess challenges, identify policy interventions, and develop a roadmap to potentially host a race by 2028, addressing issues that led to its discontinuation after 2013.

Delhi Murder: Chargesheet Details Pre-Planned Attack On DU Student

Delhi Murder: Chargesheet Details Pre-Planned Attack On DU Student

Rediff.com30 Sep 2026

The chargesheet filed in the murder of DU student Muskan Sharma reveals that the accused, Imran Khan, allegedly pre-planned the attack, purchasing a knife two days prior. An accomplice, Digvijay Singh, is accused of helping Khan locate Sharma's house, waiting during the murder, and later harbouring him. Khan had allegedly threatened and stalked Sharma before the incident, and both accused are now in judicial custody.

CCAvenue Brings Apple Pay To Its Merchant Network

CCAvenue Brings Apple Pay To Its Merchant Network

Rediff.com30 Sep 2026

Apple Pay has officially launched in India, integrating with CCAvenue and partnering with Axis Bank to bring secure and convenient mobile payment solutions to millions of iPhone, iPad, and Apple Watch users across a vast network of merchants.

Traders call for 'No UPI Day' on October 2 to protest new MDR levy

Traders call for 'No UPI Day' on October 2 to protest new MDR levy

Rediff.com24 Sep 2026

Trade and business associations across India are organising a 'No UPI Day' on October 2 to protest the upcoming 0.4 per cent merchant discount rate (MDR) on Unified Payments Interface (UPI) transactions exceeding 2,000, effective from October 15.

Why Do We Need Permission to Protest Against the Government?

Why Do We Need Permission to Protest Against the Government?

Rediff.com10 Oct 2026

Before protesting against the State, the citizen should not have to ask: Sir, may I protest, please?, asserts Prem Panicker.

Should You Buy A Return-Of-Premium Plan?

Should You Buy A Return-Of-Premium Plan?

Rediff.com30 Sep 2026

Compare premiums, claim settlement ratios, exclusions, waiting periods and surrender provisions.

7 Hidden Credit Card Settings To Avoid Scams

7 Hidden Credit Card Settings To Avoid Scams

Rediff.com24 Sep 2026

Your credit card may have security controls you rarely use. Here are seven settings that can help prevent unwanted or fraudulent transactions.

Apple Pay Debuts In India With Axis Bank Partnership

Apple Pay Debuts In India With Axis Bank Partnership

Rediff.com30 Sep 2026

Apple has officially launched its Apple Pay service in India, initially partnering with Axis Bank for Visa and Mastercard credit card users. The service allows secure, cashless transactions via iPhone, iPad, and Apple Watch using NFC technology, without requiring PINs or OTPs. This move is set to intensify competition in India's digital payments market, currently dominated by UPI and local players, with Apple planning to onboard more banks and expand merchant networks.

Gangster Goldy Brar in FBI's 10 most wanted list with $1mn bounty

Gangster Goldy Brar in FBI's 10 most wanted list with $1mn bounty

Rediff.com29 Sep 2026

The FBI has placed gangster Satinderjeet Singh, known as Goldy Brar, on its Ten Most Wanted Fugitives list, offering a USD 1 million reward for his alleged involvement in the Lawrence Bishnoi Organized Crime Group's violent activities across North America.

Government Forms Task Force To Explore Formula 1 Revival In India By 2028

Government Forms Task Force To Explore Formula 1 Revival In India By 2028

Rediff.com15 Sep 2026

India's Sports Minister Mansukh Mandaviya has announced the formation of a 10-member Task Force, chaired by Niti Aayog's Yugal Kishore Joshi, to assess the feasibility and challenges of reviving Formula 1 in the country. The committee aims to develop a roadmap for India to host a Grand Prix by 2028, focusing on sustainable growth, policy interventions, and addressing past issues like taxation. The Adani group, owners of the Buddh International Circuit, will also be involved.

Bipasha Basu flags worms in food packet, tags Tukaram Mundhe

Bipasha Basu flags worms in food packet, tags Tukaram Mundhe

Rediff.com10 Sep 2026

Actress Bipasha Basu has raised concerns over food safety and the quality of packaged food after claiming that she found several tiny worms inside a newly opened food container, prompting her to seek intervention from Maharashtra FDA Commissioner Tukaram Mundhe.

India's exports jump over 26% in August; trade gap shrinks to five-month low

India's exports jump over 26% in August; trade gap shrinks to five-month low

Rediff.com16 Sep 2026

India's exports saw a significant increase of 26.12 per cent to USD 43.81 billion in August, leading to a narrowed trade deficit of USD 26.86 billion, driven by strong demand from key global markets and diverse sectors.

UAE to Invest Additional $25 Billion in India, Deepening Economic Ties

UAE to Invest Additional $25 Billion in India, Deepening Economic Ties

Rediff.com29 Sep 2026

The United Arab Emirates (UAE) has expressed intent to invest an additional $25 billion in India, with an ultimate goal of reaching $100 billion in investments, Union Minister Piyush Goyal announced. This comes as both nations plan to enhance cooperation in shipping, ports, energy, and emerging technologies, against a backdrop of expanding bilateral trade.

Tata's Unlisted Companies Burn Rs 31,823 Crore

Tata's Unlisted Companies Burn Rs 31,823 Crore

Rediff.com28 Sep 2026

Seven of them posted losses, led by Air India, with their combined net loss widening to Rs 31,823 crore in FY26 from Rs 17,553 crore a year earlier and Rs 1,555 crore in FY20.

Rural CV retail sales growth outpaces urban, driven by diversified economy and GST impact

Rural CV retail sales growth outpaces urban, driven by diversified economy and GST impact

Rediff.com7 Sep 2026

Rural commercial vehicle (CV) registrations have consistently outpaced urban sales from April to July 2026, driven by a significant diversification of the rural economy and the positive impact of GST-led consumption, according to experts and data from Fada.

Centre pushes states, UTs to finalise labour Code rules by October 31

Centre pushes states, UTs to finalise labour Code rules by October 31

Rediff.com25 Sep 2026

The Indian government is pressing all states and Union Territories (UTs) to publish their rules under the four new labour Codes by October 31, aiming to fully operationalise the new labour law framework. This move is crucial as labour falls under the concurrent list, requiring state-level rule-making for effective implementation.

Attack on seafarers 'unacceptable': Jaishankar at UNGA

Attack on seafarers 'unacceptable': Jaishankar at UNGA

Rediff.com27 Sep 2026

External Affairs Minister S Jaishankar, addressing the UN General Assembly, condemned the targeting of commercial shipping and seafarers in the Gulf, calling it "simply unacceptable." He also voiced deep concern over the "weaponisation of everything," which he stated has severe consequences for Global South nations, impacting peace, progress, and development globally. India urged restraint, de-escalation, and protection of civilians, while also highlighting the 4F crisis (food, fuel, fertiliser, finance) faced by developing countries.

Airtel Money files for London IPO, IFC to buy $90 mn stake

Airtel Money files for London IPO, IFC to buy $90 mn stake

Rediff.com24 Sep 2026

Airtel Africa's mobile payments arm, Airtel Money, has filed for an initial public offering (IPO) on the London Stock Exchange, with the International Finance Corporation (IFC) agreeing to purchase shares worth up to $90 million at the final offer price.

Pine Labs Boosts E-Commerce With Shopflo Acquisition

Pine Labs Boosts E-Commerce With Shopflo Acquisition

Rediff.com25 Apr 2026

Fintech company Pine Labs has acquired Shopflo, an online checkout optimisation platform, for Rs 88 crore in an all-cash deal aimed at providing a unified commerce platform for merchants.

New UPI MDR Fee Could Push Small Retailers Back To Cash, Warns RAI

New UPI MDR Fee Could Push Small Retailers Back To Cash, Warns RAI

Rediff.com16 Sep 2026

The Retailers Association of India (RAI) has voiced concerns that the government's new 0.4 per cent Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000 could reverse the progress of digital payment adoption among small retailers. This fee, effective October 15, places the burden on merchants operating on thin margins, potentially pushing them back to cash transactions and undermining the government's formalisation agenda, especially ahead of the festive season.

'OG' to 'flex': Modi uses GenZ lingo in SRCC address

'OG' to 'flex': Modi uses GenZ lingo in SRCC address

Rediff.com6 Sep 2026

Prime Minister Narendra Modi employed Gen Z-friendly phrases like "OG" and referenced the film 'Dhurandhar' during his address at Delhi University's Shri Ram College of Commerce. This move, 13 years after a previous impactful speech at the same venue, is part of a broader strategy by the BJP to connect with younger audiences, contrasting India's past challenges with its current global standing.

Mumbai's Olympia Coffee House, where Christopher Nolan stopped for chai, loses licence

Mumbai's Olympia Coffee House, where Christopher Nolan stopped for chai, loses licence

Rediff.com18 Sep 2026

The Maharashtra Food and Drug Administration (FDA) has suspended the licences of several food establishments in Mumbai, including the Nair Hospital canteen and Olympia Coffee House, due to serious violations of food safety and hygiene standards. Inspections revealed issues like unsanitary conditions, improper food handling, pest infestations, and lack of trained staff. The FDA also cancelled licences of other businesses and seized unhygienic milk products as part of a festive season campaign.

India initiates anti-dumping probes against Chinese Glycine and CPVC resin circumvention

India initiates anti-dumping probes against Chinese Glycine and CPVC resin circumvention

Rediff.com22 Sep 2026

India has initiated anti-dumping investigations into imports of Glycine from China, following a complaint by Avid Organics, alleging material injury to domestic manufacturers. Concurrently, a separate anti-circumvention probe has begun concerning CPVC resin from China and South Korea, suspected of being routed through Malaysia, Japan, and Thailand to avoid existing duties.