'Don't play the American game... India is too big for a US game.'
Quick commerce major Zepto on Friday released its year-end report, 2024 unpacked with Zepto, showcasing how users are choosing instant delivery platforms for everything, from snacks to stationary and self-care essentials.
'No retaliatory tariffs now. You can retaliate after a few months.' 'Today, there is no need to retaliate because it is a question of long term benefits.'
"India and everybody would think of them as an ally. I can say the same for others. But this is a group of wonderful nations that is countering other countries that look to hurt us on trade," he added.
In 2023, the share of US electronics imports from India was a mere 1.9 per cent of the $520 billion they imported, while the total Indian electronics exports to the US was pegged at only $10 billion.
'We saw 581 chocolate orders per minute and 324 rose orders per minute.'
'Expect our food delivery business to deliver sustainable adjusted EBITDA margins of about 5 per cent in the medium term.'
West Bengal Chief Minister Mamata Banerjee, on an official visit to the United Kingdom, took a refreshing jog in London's Hyde Park, wearing a white saree and her signature white slippers. Banerjee also attended a high tea reception at India House, hosted by Vikram K Doraiswami, the High Commissioner of India to the United Kingdom, bringing together business, cultural, and political leaders to strengthen ties between Bengal and Britain. The discussions centered around fostering economic partnerships and deepening people-to-people connections.
India maintains "high" import duties on a wide range of American goods such as agricultural items, drug formulations, and alcoholic beverages, besides imposing non-tariif barriers, a US report has said. A day before announcing reciprocal tariffs, the US Trade Representative (USTR) released the 2025 National Trade Estimate (NTE) Report on March 31.
The police arrested six persons including a hacker named Parit Dhamelia from Surat and owner of a YouTube channel Prajwal Taily, a resident of Latur, Maharashtra.
US President Donald Trump has proposed a deal to China that would see the sale of TikTok's US operations to an American buyer in exchange for a reduction in tariffs on Chinese exports to the US. The proposal comes amid a trade war between the two countries and follows China's retaliation of Trump's tariffs on Chinese goods. Trump has also said that tariffs are a powerful economic tool and that he is determined to ensure fair trade between the US and China.
Who accompanied Prime Minister Narendra D Modi to his Thursday meeting with US President Donald J Trump in the Oval Office, and who did POTUS bring along?
The "construct of the DPDP Act" cannot be changed at this stage, though there may be some minor tweaks in the language of the Rules and formats in certain legitimate cases.
Brokerages expect a further slowdown in Indian firms' revenue and earnings growth in Q4FY25, following low single-digit growth in the preceding three quarters, as factors like weak consumer demand and credit growth linger on.
Many states are realising that hosting mega events puts the spotlight on them and raises their profile.
India and the visiting US officials have decided to hold a wrap-up session on Saturday morning to conclude the three-day talks on the proposed bilateral trade agreement, government sources said. They said the discussions are at a "very" early stage.
Here is a list of Q & As to explain these issues and implications of the US move.
Zomato is at 5, Swiggy at 9, Blinkit at 10.
Companies have been approached to set up incubation centres that will offer financial and non-financial support to manufacturing startups at various levels.
India's e-commerce market alone is projected to reach $200 billion by 2026, making it a prime industry for ambitious entrepreneurs, explains rediffGURU Harsh Bharwani.
The "weaponisation" of economic activity - through tariffs and sanctions - is now a reality, with countries leveraging these tools strategically, External Affairs Minister S Jaishankar said at the Raisina Dialogue recently.
'Domestic investors are opening up to the idea of high-growth Internet companies as a pool of value creation.' 'They like the execution that they see with Zepto, and for us, that is the most important factor.'
rediffGURU Major Inderpaul Singh (retd) offers career guidance and helps students and individuals handle challenges in their professional lives.
Indian tech sector's revenues are set to grow 5.1 per cent to $282.6 billion in FY25, and likely to climb up further to $300 billion in FY26, lobby grouping Nasscom said on Monday. The revenue growth is on the "right trajectory", the body's president Rajesh Nambiar told reporters here, pointing out to revenue growth of 4 per cent in FY24, 5.1 per cent in FY25 and the over 6.1 per cent needed to cross its expectation of crossing $300 billion in FY26.
With the rapid evolution of channels like quick-commerce and the emergence of ONDC, the Indian retail industry is 'cautiously optimistic' for 2025, in which new-age technologies such as AI and automation will play a crucial role, driving efficiency and personalisation.
After a massive selloff in the shares of food delivery giants Zomato and Swiggy, analysts believe the time may be right for investors to start adding these stocks to their portfolio carts. Their optimism, they say, stems from the sharp correction in stock prices and valuations, which seem to have "over-baked" concerns about the two companies.
Homegrown fast-moving consumer goods (FMCG) major Dabur India is set to record low single-digit growth in consolidated revenue in the December quarter, it said in an update on Friday. The maker of Hajmola candy and Real fruit juice said rural consumption continued to be resilient and grow faster than urban in the third quarter.
'With a very stable technology with limited functionalities, a large network has spanned out.'
Leading FMCG firms reported a nearly two-fold increase in the share of quick commerce within their total e-commerce sales, and this surge is anticipated to continue, said a joint report by Deloitte and industry body FICCI. Quick Commerce, also known as hyperlocal delivery, is now reaching around 35 per cent of online sales and has become a preferred channel for urban consumers. "About 18 per cent of consumers prefer purchasing food and beverage items from Q-commerce channels.
While Elon Musk's political influence continues to grow, his business empire is witnessing headwinds.
The Indian government has appointed Finance Secretary Tuhin Kanta Pandey as the new chairman of the Securities and Exchange Board of India (SEBI). Pandey, a 1987-batch IAS officer, will replace Madhabi Puri Buch, whose three-year tenure ends on February 28. Pandey's appointment comes at a time when the markets are experiencing bear pressure due to withdrawals by foreign institutional investors (FIIs). Pandey has extensive experience in the finance ministry, having served as the longest-serving secretary in the Department of Investment and Public Asset Management (DIPAM) and the Department of Public Enterprises (DPE). He also played a key role in the framing of the 2025-26 Budget and the drafting of the new Income Tax Bill. Pandey's appointment is for an initial period of three years.
India's External Affairs Minister S Jaishankar has stated that the US administration under President Donald Trump is moving towards multipolarity, which aligns with India's interests. He also revealed that India and the US have reached an agreement on the need for a bilateral trade pact. Jaishankar touched upon various foreign policy issues including India's role in the Russia-Ukraine conflict, the trajectory of the BRICS grouping, and relations with China during a session at the Chatham House think-tank in London.
"From President Trump's perspective, the one big shared enterprise that we have is the Quad, which is an understanding where everybody pays their fair share. There are no free riders involved. So that's a good model which works," he said. The Quad alliance consists of the US, India, Australia and Japan.
Following the eviction of protesting farmers from the Shambhu border, Haryana security personnel began removing cemented barricades erected to prevent Punjab farmers from reaching Delhi. The Shambhu-Ambala road, closed for over a year, is being cleared with JCBs and other machinery. Meanwhile, the Samyukta Kisan Morcha (Non-Political) and the Kisan Mazdoor Morcha announced dharnas outside deputy commissioners' offices in protest against the Punjab Police crackdown. The groups criticized the Aam Aadmi Party (AAP) government in Punjab for evicting the protesters and detaining farmer leaders on Wednesday. The police action was justified by Punjab Finance Minister Harpal Singh Cheema, who said industries and businesses were hit hard due to the prolonged closure of the highways. The protesting farmers, led by the Samyukta Kisan Morcha and the Kisan Mazdoor Morcha, had been camping at the Shambhu and Khanauri border points since February 13, 2022.
China on Tuesday retaliated US President Donald Trump's imposition of 2nd round of ten per cent tariffs on its export by slapping an additional 15 per cent tariffs on American goods and initiated legal action against Washington in WTO while leaving the door open for talks to address each other's concerns.
Gem and Jewellery Export Promotion Council says step will balance trade deficit with the US.
Hit by inflation, higher input costs and pricing measures, fast-moving consumer goods companies are expected to see a contraction in their gross margin and a modest-to-flat operating profit in the October-December quarter. Several FMCG makers are likely to log a low single-digit rise in their revenue, returning to the cycle of value-driven growth.
Investors became richer by nearly Rs 8 lakh crore on Wednesday as benchmark BSE Sensex surged by 740 points amid value buying in utilities and power shares and a strong trend in global markets. The 30-share BSE Sensex surged by 740.30 points or 1.01 per cent to close at 73,730.23.
In 2025, India's tech job market is thriving, with tech professionals seeing a 9.5% salary increase and roles like AI/ML architects earning up to Rs 95 lakh annually.
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