News for 'US commerce department'

Will India continue to remain an attractive FDI destination in 2026?

Will India continue to remain an attractive FDI destination in 2026?

Rediff.com27 Dec 2025

FDI inflows into India are expected to register robust growth in 2026, supported by strong macroeconomic fundamentals, big-ticket investment announcements, sustained efforts to improve the ease of doing business, and a new generation of investment-linked trade pacts.

Exports To Key Global Hubs Drop Sharply

Exports To Key Global Hubs Drop Sharply

Rediff.com28 Aug 2025

'There is definitely tepid demand because of the (reciprocal tariff) uncertainty.'

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.

Budget wishlist: Industry seeks easier tax rules, dispute fixes

Budget wishlist: Industry seeks easier tax rules, dispute fixes

Rediff.com3 Nov 2025

With the Union Budget three months away, major industry chambers have submitted to the government proposals on common taxes, seeking simpler compliance and a quicker resolution of tax disputes.

India flagged concerns with Russia over non-tariff barriers: Commerce secy

India flagged concerns with Russia over non-tariff barriers: Commerce secy

Rediff.com16 Jul 2024

India has flagged concerns over non-tariff barriers (NTBs) faced by its exporters with the Russian government, commerce secretary Sunil Barthwal said on Monday. NTBs faced by Indian exporters are mainly in sectors such as marine products and pharmaceuticals.

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.

Trump's Tariff Give Electronics A Breather

Trump's Tariff Give Electronics A Breather

Rediff.com31 Jul 2025

But the respite may not last long.

India to resume postal services to US from Oct 15

India to resume postal services to US from Oct 15

Rediff.com14 Oct 2025

"The postal tariffs will remain unchanged, ensuring that exporters continue to benefit from affordable international delivery rates while complying with the revised US import requirements. This measure has been introduced to maintain affordability, support MSMEs, and boost India's exports through the postal channel," India Post said.

CAG to conduct pan-India audit on ease of doing biz for MSMEs

CAG to conduct pan-India audit on ease of doing biz for MSMEs

Rediff.com20 Nov 2025

The Comptroller and Auditor General of India (CAG) has launched an integrated audit across 32 states and Union Territories to assess the ease of doing business for the micro, small and medium enterprise (MSME) sector.

India's EU Trade Deal Has A LONG Way To Go

India's EU Trade Deal Has A LONG Way To Go

Rediff.com18 Sep 2025

'Even if tariffs are reduced, non-tariff may still remain a challenge.'

100-day agenda: Commerce ministry pushes for separate logistics department

100-day agenda: Commerce ministry pushes for separate logistics department

Rediff.com29 May 2019

100-day agenda: Commerce ministry pushes for separate logistics department

Jaishankar, Rubio to meet in US amid tariff, H-1B visa concerns

Jaishankar, Rubio to meet in US amid tariff, H-1B visa concerns

Rediff.com22 Sep 2025

This will be the first face-to-face meeting between Rubio and Jaishankar following President Donald Trump's imposition of an additional 25 per cent tariff on India for Delhi's purchases of Russian oil, taking the total levies imposed on India by the Trump White House to 50 per cent.

India-US trade deals: 'Both sides to push for early conclusion'

India-US trade deals: 'Both sides to push for early conclusion'

Rediff.com16 Sep 2025

The commerce ministry on Tuesday said the discussions with visiting US Chief Negotiator Brendan Lynch on the proposed bilateral trade agreement were positive and forward looking.

Why ecom platforms are under govt lens

Why ecom platforms are under govt lens

Rediff.com4 Oct 2025

The Ministry of Consumer Affairs is looking into complaints of additional charges being levied by ecommerce platforms when customers choose cash-on-delivery (COD) option instead of paying while ordering items. "The Department of Consumer Affairs has received complaints against ecommerce platforms charging extra for cash-on-delivery, a practice classified as a dark pattern that misleads and exploits consumers," Pralhad Joshi, Union minister of consumer affairs, wrote on X on Friday afternoon.

Govt approves schemes worth Rs 45,000 cr to boost exports

Govt approves schemes worth Rs 45,000 cr to boost exports

Rediff.com12 Nov 2025

The government on Wednesday approved two schemes worth Rs 45,000 crore to help exporters tide over the impact of high tariffs imposed by the US on Indian shipments.

SEE: Macron bids farewell to Modi as he departs France

SEE: Macron bids farewell to Modi as he departs France

Rediff.com12 Feb 2025

Prime Minister Narendra Modi has concluded his visit to France, which included co-chairing an AI summit and bilateral talks with French President Emmanuel Macron. He is now headed to the US for a bilateral meeting with President Trump. Modi's visit to France included discussions on trade, defense, energy, and cultural linkages. He also inaugurated India's new consulate in Marseille. During his visit to the US, Modi will also interact with business leaders and members of the Indian community.

Student alleges caste bias by Pune Univ cost him UK job

Student alleges caste bias by Pune Univ cost him UK job

Rediff.com19 Oct 2025

A Pune college refutes allegations of caste bias by a former student who claimed the college withheld job verification, leading to job loss. The college clarifies it sent the document and the student did not lose his job.

FY25 trade deficit with China close to $100 bn amid dumping concerns

FY25 trade deficit with China close to $100 bn amid dumping concerns

Rediff.com24 Apr 2025

India's trade deficit with China neared $100 billion in FY25, amid escalating concerns of dumping, data released by the commerce department on Wednesday showed. Chinese imports rose by 11.5 per cent to $113.45 billion, while outbound shipments to the neighbouring country saw 14.5 per cent contraction to $14.2 billion.

US sanctions 2 largest Russian Oil companies

US sanctions 2 largest Russian Oil companies

Rediff.com23 Oct 2025

The US Department of the Treasury on Wednesday imposed sanctions on Russia's two largest oil companies, Rosneft and Lukoil, in an effort to pressure the Kremlin to end its war in Ukraine.

Trump meets 'friend' Xi amid trade tension

Trump meets 'friend' Xi amid trade tension

Rediff.com30 Oct 2025

Trump also praised Chinese President as "a great leader of a great country" and said the two sides had "already agreed to a lot of things."

Trump's $100,000 H-1B visa fee rule kicks in; US releases FAQs

Trump's $100,000 H-1B visa fee rule kicks in; US releases FAQs

Rediff.com22 Sep 2025

The US Citizenship and Immigration Services (USCIS) in a 'H-1B FAQ' document, released on Sunday, said that the September 19 proclamation took an "important, initial, and incremental step" to reform the H-1B visa programme to curb abuses and protect American workers.

India dials up record smartphone exports; shipments touch $13.4 bn in H1

India dials up record smartphone exports; shipments touch $13.4 bn in H1

Rediff.com9 Oct 2025

Smartphone exports for the first six months (April to September) of 2025-26 (FY26) surged to $13.4 billion, based on industry estimates. Driven by the production-linked incentive (PLI) scheme, this marks a 59 per cent jump over the $8.5 billion exported during the same period of the previous financial year (2024-25/FY25).

Trump introduces 'Gold Card' for permanent US residency

Trump introduces 'Gold Card' for permanent US residency

Rediff.com20 Sep 2025

The Trump administration has launched a premium immigration programme targeting wealthy individuals worldwide, offering permanent residency in the United States through expensive 'Gold Cards' that could generate billions in revenue for the American Treasury.

'Significant' H1B Visa Changes Before 2026

'Significant' H1B Visa Changes Before 2026

Rediff.com30 Sep 2025

'This idea that inexpensive tech consultants should be coming into this country and bringing their families, I find it just wrong.'

India relationship...: What Rubio said after Jaishankar meet

India relationship...: What Rubio said after Jaishankar meet

Rediff.com23 Sep 2025

Rubio voiced "appreciation" for New Delhi's continued engagement on bilateral issues, including trade, defence and energy.

India suspends postal services to US amid new customs rules

India suspends postal services to US amid new customs rules

Rediff.com23 Aug 2025

Under an Executive Order issued by the US administration on July 30, 2025, goods valued above USD 100 will be subject to customs duties in America with effect from August 29 onwards.

No need to relabel existing medicine stock: FinMin

No need to relabel existing medicine stock: FinMin

Rediff.com17 Sep 2025

Recalling or relabelling medicines already in the supply chain before September 22 will not be mandatory, the finance ministry said on Tuesday, issuing a fresh set of frequently asked questions (FAQs) to address industry concerns following the announcement of goods and services tax (GST) revisions.

Trump admin faces lawsuit over H-1B visa fee hike

Trump admin faces lawsuit over H-1B visa fee hike

Rediff.com17 Oct 2025

The US Chamber of Commerce has filed a lawsuit against the Trump administration's decision to impose a USD 100,000 fee on new H-1B visa petitions, arguing it harms American innovation and competitiveness.

Revamped SEZ law unlikely before the upcoming Lok Sabha elections

Revamped SEZ law unlikely before the upcoming Lok Sabha elections

Rediff.com24 Feb 2024

The revamped Special Economic Zone (SEZ) law is unlikely to see the light of the day before the upcoming Lok Sabha elections, two people aware of the matter said. The commerce department had sought the Union Cabinet's nod to bring amendments to the existing SEZ Act, 2005 late last year. The plan, thereafter, was to introduce the Bill in the winter session of Parliament. Cabinet's approval remains pending.

Advertising doyen Piyush Pandey passes away at 70

Advertising doyen Piyush Pandey passes away at 70

Rediff.com24 Oct 2025

Advertising legend Piyush Pandey has passed away. He was 70. The news of Piyush Pandey's demise was shared by columnist Suhel Seth on X on Friday morning.

Hope Rises As China Processes Rare-Earths Requests

Hope Rises As China Processes Rare-Earths Requests

Rediff.com28 Jul 2025

China accounts for about 70 per cent of global rare earth mining and nearly 90 per cent of rare earth magnet production, making it a dominant player and giving it significant leverage in global supply chains.

Tasks Cut Out For New Commerce Secretary

Tasks Cut Out For New Commerce Secretary

Rediff.com26 Sep 2022

The government is targeting export of goods and services worth $2 trillion by 2030.

Pre-tariff rush to US lifts exports by 7% in July

Pre-tariff rush to US lifts exports by 7% in July

Rediff.com15 Aug 2025

India's goods exports rebounded in July after two months of contraction, with outbound shipments rising 7.3 per cent to $37.24 billion, led by a surge in exports to the United States before the country's reciprocal tariff kicked in and bolstered by a recovery in exports to other key markets.

UAE to address India concerns on imports

UAE to address India concerns on imports

Rediff.com16 Oct 2024

The United Arab Emirates (UAE) has agreed to look into India's concerns over compliance to rules related to the import of silver products, platinum alloy and dry dates, the commerce department said on Tuesday. During a joint committee meeting under the India-UAE trade deal, officials from New Delhi raised concerns over the recent surge in imports of these products. These were being shipped to India, taking advantage of the lower tariffs under the pact.

Govt moves to ease business rules, tables Jan Vishwas Bill in LS

Govt moves to ease business rules, tables Jan Vishwas Bill in LS

Rediff.com18 Aug 2025

The Jan Vishwas (Amendment of Provisions) Bill 2025, aimed at decriminalizing minor offenses to promote ease of living and business, was introduced in the Lok Sabha and referred to a Select Committee.

Expect India to strike first trade pact: US Treasury Secy Scott Bessent

Expect India to strike first trade pact: US Treasury Secy Scott Bessent

Rediff.com25 Apr 2025

As in-person negotiations between India and the US kickstarted on Wednesday, Treasury Secretary Scott Bessent said he expected India to strike the first bilateral trade deal to avert President Donald Trump's reciprocal tariffs.

How To Apply for GATE 2026

How To Apply for GATE 2026

Rediff.com6 Aug 2025

The application process for Graduate Aptitude Test in Engineering (GATE) 2026 will begin on August 25.

Can Global Superfood Makhana Survive Trump's Tariff?

Can Global Superfood Makhana Survive Trump's Tariff?

Rediff.com29 Aug 2025

'Traders and exporters will have to explore alternative markets.'

US to limit visas for foreign students, journalists

US to limit visas for foreign students, journalists

Rediff.com28 Aug 2025

The Trump administration is proposing to limit the duration of visas for foreign students and media personnel in the US, potentially impacting their ability to stay in the country.

Apple Boosts Output For iPhone 17 Launch

Apple Boosts Output For iPhone 17 Launch

Rediff.com4 Sep 2025

India has become Apple's main export hub to the US, which consumes over $40 billion worth of iPhones annually.