News for 'commerce department'

US trade probe targets India, 15 other countries

US trade probe targets India, 15 other countries

Rediff.com12 Mar 2026

The United States Trade Representative (USTR) office on Wednesday launched a sweeping investigation into manufacturing and industrial practices in 16 economies, including India, citing concerns over what it calls 'structural excess capacity' that could distort global trade. Announcing the move on a White House press call, Jamieson Greer said the probe would be conducted under Section 301 of the Trade Act of 1974, one of Washington, DC's most powerful trade enforcement tools.

CBDT Eases GAAR Concerns for Investments Made Before April 2017

CBDT Eases GAAR Concerns for Investments Made Before April 2017

Rediff.com1 Apr 2026

The Income Tax Department has clarified that income from the transfer of investments made before April 1, 2017, is excluded from the scope of the General Anti-Avoidance Rules (GAAR), addressing industry concerns about retrospective application.

Centre launches Rs 4,531 cr mkt access support scheme

Centre launches Rs 4,531 cr mkt access support scheme

Rediff.com1 Jan 2026

The government on Wednesday launched Rs 4,531 crore market access support (MAS) intervention scheme for a six-year period (FY26-31) to improve global reach, visibility and competitiveness of Indian exporters through 'structured and outcome-oriented' interventions.

Modi calls for action to protect citizens from West Asia conflict impact

Modi calls for action to protect citizens from West Asia conflict impact

Rediff.com2 Apr 2026

Prime Minister Narendra Modi convened the Cabinet Committee on Security to address the impact of the West Asia conflict on Indian citizens, focusing on safeguarding them from the conflict's effects and ensuring the smooth flow of essential supplies.

India, US To Issue Joint Statement On Trade Deal

India, US To Issue Joint Statement On Trade Deal

Rediff.com6 Feb 2026

'Based on the joint statement, a formal agreement will be drafted, which may take a month or month-and-a-half to finalise. We aim to sign the formal agreement by mid-March.'

Bengal polls: EC tightens grip with strategic transfers

Bengal polls: EC tightens grip with strategic transfers

Rediff.com18 Mar 2026

The Election Commission has intensified preparations for the West Bengal Assembly elections by reshuffling senior officers and deploying IAS and IPS officers in key poll management roles.

India-US Trade Deal In Final Lap!

India-US Trade Deal In Final Lap!

Rediff.com25 Oct 2025

'As far as the contentious issues such as agriculture are concerned, we are finding some common ground.'

How India's New Phygital Centre Aims to Transform Rural Life in Madhya Pradesh

How India's New Phygital Centre Aims to Transform Rural Life in Madhya Pradesh

Rediff.com15 Mar 2026

India has launched its first integrated phygital service centre in Umri village, Madhya Pradesh, aiming to provide online services and boost rural development through digital connectivity and various essential services.

Govt moves to shield trade as Iran war chokes sea routes

Govt moves to shield trade as Iran war chokes sea routes

Rediff.com5 Mar 2026

With the Iran war escalating sharply and crisis deepening in the global energy market, India on Monday unveiled a coordinated plan to support exporters and shippers caught in the fallout.

Govt Targets 100 Products For Aatmanirbhar Push

Govt Targets 100 Products For Aatmanirbhar Push

Rediff.com16 Sep 2025

'Our endeavour will be that we identify these products, put them in the public domain so that the manufacturers can look at them and give a boost to Make in India.'

Poultry farmer Ravindra Metkar invited by Oxford to share his rags to riches story

Poultry farmer Ravindra Metkar invited by Oxford to share his rags to riches story

Rediff.com20 Mar 2026

Ravindra Metkar, a farmer from Maharashtra who built a successful poultry business from humble beginnings, has been invited to speak at the University of Oxford's Global Research Conference.

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.

Tamil Nadu bets big on India's first full-stack sovereign AI park

Tamil Nadu bets big on India's first full-stack sovereign AI park

Rediff.com14 Jan 2026

The sovereign AI park will be a first-of-its-kind, purpose-built district in India, integrating AI compute infrastructure, secure data frameworks, model research labs, and AI innovation clusters, along with a dedicated institute for AI in governance.

India's internet user base crosses 950 million in 2025: IAMAI report

India's internet user base crosses 950 million in 2025: IAMAI report

Rediff.com29 Jan 2026

India's internet user base crossed 950 million in 2025, driven largely by rapid growth in rural connectivity, rising short-video consumption, and increasing adoption of AI, according to a report released by IAMAI on Thursday.

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.

Why taxis, autos, trucks in Maha are going off roads

Why taxis, autos, trucks in Maha are going off roads

Rediff.com5 Mar 2026

Transporters across Maharashtra have announced a statewide strike to protest against e-challans and other issues, potentially disrupting transport services including school buses and commercial vehicles.

Nagpur Factory Blast: Negligence Suspected, Minister Says

Nagpur Factory Blast: Negligence Suspected, Minister Says

Rediff.com2 Mar 2026

Maharashtra minister Chandrashekhar Bawankule suspects negligence and safety lapses at SBL Energy Limited in Nagpur, where a blast killed 19. An investigation is underway to determine accountability.

Sunetra Pawar becomes Maharashtra's first woman deputy CM

Sunetra Pawar becomes Maharashtra's first woman deputy CM

Rediff.com31 Jan 2026

Sunetra Pawar, wife of late NCP leader Ajit Pawar, was sworn in as Maharashtra's first woman deputy Chief Minister after being elected as the leader of the NCP legislature wing.

India condoles Khamenei killing amid Opposition criticism

India condoles Khamenei killing amid Opposition criticism

Rediff.com5 Mar 2026

India has expressed condolences over the death of Iran's Supreme Leader Ayatollah Ali Khamenei following a joint US-Israel strike, amidst rising tensions in West Asia and criticism over the sinking of an Iranian warship.

India-EU FTA: 'Mother Of All Deals': Goyal

India-EU FTA: 'Mother Of All Deals': Goyal

Rediff.com17 Jan 2026

Both India and the EU are likely to announce a conclusion of trade talks on January 27.

'Stay tuned' for Modi-Trump meet: US envoy

'Stay tuned' for Modi-Trump meet: US envoy

Rediff.com20 Feb 2026

The US President had hosted Modi for an official working visit in Washington, DC, on February 13 last year.

Supreme Court's ruling on tariffs is deeply disappointing: Trump

Supreme Court's ruling on tariffs is deeply disappointing: Trump

Rediff.com21 Feb 2026

The ruling is expected to have wide-ranging consequences for global trade, businesses, consumers, inflation trends and household finances across the country.

26 e-com players say they are free from dark patterns: Govt

26 e-com players say they are free from dark patterns: Govt

Rediff.com20 Nov 2025

As many as 26 top e-commerce companies, including Zepto, BigBasket and Zomato, have given an undertaking that their platforms are free from misleading claims and unfair trade practices which constitute 'dark patterns', the government said on Thursday.

FTAs, reviving exports to be commerce ministry's focus

FTAs, reviving exports to be commerce ministry's focus

Rediff.com18 Jun 2024

Another priority in the first 100 days could be the launch of an e-platform -- Trade Connect -- to help exporters connect with stakeholders of international trade.

Private plane crash-lands in Odisha, 6 injured

Private plane crash-lands in Odisha, 6 injured

Rediff.com10 Jan 2026

Rourkela SP Nitesh Wadhwani said there were four passengers, including two women and two pilots, in the aircraft. Captain Naveen and Captain Tarun were piloting the plane, he said.

'Trump Is A Businessman, He'll Get A Deal Done'

'Trump Is A Businessman, He'll Get A Deal Done'

Rediff.com10 Sep 2025

'You can't have a one-sided deal. If you have a lopsided deal then it won't be sustainable.'

India Diversifies Petroleum Exports To New Markets

India Diversifies Petroleum Exports To New Markets

Rediff.com17 Nov 2025

India offset the decline in exports to traditional destinations by sharply ramping up shipments to Jordan (18,086 per cent), Hong Kong (17,006 per cent), Spain (13,436 per cent), the Philippines (2,235 per cent), and Namibia (1,068 per cent) in H1FY26.

Congress calls Indo-US trade pact a 'surrender'

Congress calls Indo-US trade pact a 'surrender'

Rediff.com7 Feb 2026

The Congress party has criticized the Indo-US trade agreement, calling it a 'surrender' of India's self-esteem and interests, and a betrayal of Indian farmers and MSMEs.

India-US Deal Shields Farmers

India-US Deal Shields Farmers

Rediff.com4 Feb 2026

New Delhi will substantially reduce tariffs on industrial and agricultural goods while continuing to protect sensitive sectors. Tariffs on some agricultural products that are not traditionally considered sensitive will be brought down to zero, while in the case of relatively sensitive items, duties will be reduced in a graded manner and quotas will be imposed.

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 Fast-Track Trade Deal Talks

India, US Fast-Track Trade Deal Talks

Rediff.com17 Sep 2025

'A deal will only be possible if India stops buying Russian oil -- but even then, New Delhi must not compromise its core red lines.'

Tariffs cut, $30tn market: India, US unveil interim trade pact

Tariffs cut, $30tn market: India, US unveil interim trade pact

Rediff.com8 Feb 2026

The agreement addresses non-tariff barriers and promotes increased trade in technology products and cooperation between the two countries.

16th India-EU summit today; trade, security, defence on agenda

16th India-EU summit today; trade, security, defence on agenda

Rediff.com27 Jan 2026

Over the years, India-EU ties have grown, and covered trade, investment, climate change, science and technology, space, digital, mobility, and connectivity.

India's June exports shrink but shipments to US zoom

India's June exports shrink but shipments to US zoom

Rediff.com16 Jul 2025

Merchandise exports to the US jumped 23.5 per cent year-on-year (Y-o-Y) to $8.3 billion in June, even as India's overall outbound shipments witnessed contraction during the month, according to the data released by the commerce department on Tuesday. The increase in outbound shipments to the US was largely driven by the rush among exporters to utilise America's pause on its plans to impose country-specific reciprocal tariffs.

How India Is Rewriting Its FTA Playbook

How India Is Rewriting Its FTA Playbook

Rediff.com28 Jan 2026

India has been on an FTA-signing spree of late. Since 2021, it has signed eight trade agreements, three of which -- with the UK, Oman and New Zealand -- were finalised in 2025 alone.

Sergio Gor, Agrawal Talk Trade Deal

Sergio Gor, Agrawal Talk Trade Deal

Rediff.com13 Oct 2025

While both sides have announced the decision to restart talks for a trade deal, government officials said discussions are continuing virtually.

Modi flags off India's 1st Vande Bharat sleeper train

Modi flags off India's 1st Vande Bharat sleeper train

Rediff.com17 Jan 2026

Developed to meet the growing transportation needs of modern India, the fully AC Vande Bharat sleeper train would offer passengers an "airline-like travel experience at economical fares," a statement issued by the PMO stated.

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.

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.

Trump slaps 100% tariffs on imported pharma products

Trump slaps 100% tariffs on imported pharma products

Rediff.com26 Sep 2025

United States President Donald Trump on Friday announced that his administration will impose a 100 per cent tariff on branded and patented pharmaceutical products beginning October 1, 2025, unless the manufacturing companies are building production facilities in the US.