News for 'commerce'

Privatisation of banks unlikely to hurt national interest: FM

Privatisation of banks unlikely to hurt national interest: FM

Rediff.com4 Nov 2025

Finance Minister Nirmala Sitharaman on Tuesday allayed apprehension that privatisation of state-owned banks would hurt financial inclusion and national interest. She said the bank nationalisation done in 1969 has not yielded the desired result as far as financial inclusion was concerned.

H-1B Visa: Why Nvidia Will Pay $100,000 For Talent

H-1B Visa: Why Nvidia Will Pay $100,000 For Talent

Rediff.com9 Oct 2025

'As one of many immigrants at Nvidia, I know the opportunities we've found in America have profoundly shaped our lives.'

Jaishankar, Rubio discuss issues of 'current concern'

Jaishankar, Rubio discuss issues of 'current concern'

Rediff.com22 Sep 2025

External Affairs Minister S Jaishankar on Monday met United States Secretary of State Marco Rubio for bilateral discussions, as the high-level 80th session of the United Nations General Assembly (UNGA) kicks in.

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.

I'm doing a trade deal with India: Trump in South Korea

I'm doing a trade deal with India: Trump in South Korea

Rediff.com29 Oct 2025

United States President Donald Trump on Wednesday said that the US is 'doing a trade deal with India' as the two sides continue to hold talks on the proposed trade pact.

Pre-Budget meeting: Ficci seeks faster resolution of tax disputes

Pre-Budget meeting: Ficci seeks faster resolution of tax disputes

Rediff.com29 Oct 2025

The Federation of Indian Chambers of Commerce and Industry (Ficci) has sought urgent steps to clear the huge backlog of income-tax appeals, simplify tax deducted at source (TDS) compliance, and ensure tax neutrality for fast-track demergers, during its consultation with Revenue Secretary Arvind Shrivastava ahead of the Union Budget 2026-27.

Amazon, Flipkart deploy war rooms for Rs 1.2 trillion festival battle

Amazon, Flipkart deploy war rooms for Rs 1.2 trillion festival battle

Rediff.com23 Sep 2025

At the stroke of midnight, live dashboards lit up simultaneously across Amazon India's World Trade Centre headquarters and Flipkart's Outer Ring Road office in Bengaluru. In sprawling "war rooms" at both the companies, executives monitored real-time data streams tracking payment speeds, inventory levels, and delivery logistics as millions of shoppers flooded online platforms.

Sensex surges 862 points tracking rally in global peers

Sensex surges 862 points tracking rally in global peers

Rediff.com16 Oct 2025

From the Sensex firms, Kotak Mahindra Bank, Titan, Axis Bank, Adani Ports, Mahindra & Mahindra, Reliance Industries, Tata Motors and HDFC Bank were among the major gainers. However, Eternal and Infosys were the laggards.

M&A financing the new frontier for banks, but RBI's watching

M&A financing the new frontier for banks, but RBI's watching

Rediff.com26 Nov 2025

Mint Road's proposals on banks' M&A funding are cautious even as entrants root for more elbow room, and weigh business models.

Titan Q2 profit up 59% to Rs 1,120 cr

Titan Q2 profit up 59% to Rs 1,120 cr

Rediff.com3 Nov 2025

Leading jewellery and watchmaker Titan on Monday reported an increase of 59 per cent in consolidated net profit at Rs 1,120 crore for the September quarter of FY26.

Auto refund, pre-filled forms... GST overhaul on cards

Auto refund, pre-filled forms... GST overhaul on cards

Rediff.com31 Oct 2025

The government is finalising a major GST overhaul with automated refunds, pre-filled returns, and analytics-based scrutiny to simplify compliance and boost liquidity for MSMEs.

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.

Tariff issues with US likely to be sorted out in 8-10 weeks: CEA

Tariff issues with US likely to be sorted out in 8-10 weeks: CEA

Rediff.com18 Sep 2025

Chief Economic Advisor V Anantha Nageswaran on Thursday said he expects that a solution to the tariff issues with the US is likely to be arrived in the next eight to ten weeks.

US Reluctant To Cut Tariff For India

US Reluctant To Cut Tariff For India

Rediff.com27 Oct 2025

'What we are willing to do is definitely going to depend on what the Indian government wants to do.'

Rs 11K crore IPO in sight, Swiggy projects quick commerce as the future

Rs 11K crore IPO in sight, Swiggy projects quick commerce as the future

Rediff.com4 Nov 2024

On the cusp of launching its Rs 11,327 crore initial public offering (IPO) next week, food and grocery delivery major Swiggy believes quick commerce to be its future growth engine and anticipates that it will outpace its core food delivery business over the next five years. Currently, the quick commerce business of Swiggy - backed by Prosus and SoftBank - is 40 per cent of the size of its food delivery revenues.

Omar resumes Darbar Move after 4 yrs, gets grand welcome in Jammu

Omar resumes Darbar Move after 4 yrs, gets grand welcome in Jammu

Rediff.com3 Nov 2025

Jammu and Kashmir Chief Minister Omar Abdullah on Monday left his official residence on foot for his office at the Civil Secretariat in Jammu, marking the resumption of the biannual 'Darbar Move' after a gap of four years.

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.

Have Climate Summits Lost The Mojo?

Have Climate Summits Lost The Mojo?

Rediff.com8 Nov 2025

How the UN's flagship climate summit lost its direction and what's at stake.

Flipkart, Amazon Stack Up Space For Festival Rush

Flipkart, Amazon Stack Up Space For Festival Rush

Rediff.com9 Sep 2025

Festive sales are expected to surge 27 per cent to cross Rs 120,000 crore in 2025, driving Amazon and Flipkart to expand warehousing capacity by millions of cubic feet and extend delivery networks to thousands of new pin codes -- an infrastructure buildout that could reshape India's retail landscape for years.

Corn Tests India-US Trade Ties

Corn Tests India-US Trade Ties

Rediff.com2 Oct 2025

Between FY18 and FY25, India's annual corn imports from the US averaged just about $2 million.

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."

What Canada Can Do To Revive India Relationship

What Canada Can Do To Revive India Relationship

Rediff.com3 Nov 2025

For Canada, important steps towards containing domestic elements that fuel pro-Khalistan sentiments can go a long way in signalling trust positively with regard to security and sovereignty, point out Harsh V Pant and Vivek Mishra.

GST 2.0: AC, TV dealers see spike in sales on Day-1

GST 2.0: AC, TV dealers see spike in sales on Day-1

Rediff.com22 Sep 2025

As lower GST rates take effect on Monday, sales of air-conditioners, TV sets surged dramatically with buyers rushing to grab cheaper deals offered by retailers at the beginning of the Navratra festival.

'Kirana Stores May Adopt Quick Commerce'

'Kirana Stores May Adopt Quick Commerce'

Rediff.com23 May 2024

'Traders must adopt digital payments as soon as possible within a set timeframe, as the nation is moving rapidly towards digitisation.' 'Ignoring digital systems is not an option for strengthening trade.'

HC bars Rupa from publishing Constitution of India

HC bars Rupa from publishing Constitution of India

Rediff.com29 Sep 2025

The judge restrained Rupa from manufacturing, publishing, marketing, selling, or advertising its red-and-black coat-pocket edition of the Constitution by itself or by franchisees, dealers, distributors, or agents.

How AI is shaping the future of fashion e-commerce

How AI is shaping the future of fashion e-commerce

Rediff.com17 Dec 2024

'We have reached 70 million monthly active users during this festival season, which is another great milestone for us.'

Startups go vertical in India's qcom race

Startups go vertical in India's qcom race

Rediff.com24 Oct 2025

As the quick commerce (qcom) race hots up, a new model - vertical qcom - is gaining investor attention. Unlike horizontal players such as Blinkit, Zepto, and Swiggy Instamart, which stock everything from groceries to gifts and gadgets, vertical platforms focus on depth over breadth.

Exports rise 6.7% in August, imports decline

Exports rise 6.7% in August, imports decline

Rediff.com15 Sep 2025

India's exports rose 6.7 per cent to $35.1 billion in August annually, while imports declined 10.12 per cent to $61.59 billion, according to government data released on Monday. Gold imports were down nearly 56 per cent in August, helping to trim merchandise trade deficit to $26.49 billion in August, as against $35.64 billion in the year-ago month.

Why Aishwarya, Karan Johar Are Rushing To Court

Why Aishwarya, Karan Johar Are Rushing To Court

Rediff.com16 Sep 2025

As AI deepfakes threaten star personas and commercial interests, celebrities approach the courts with personality rights petitions.

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).

India's Kabul mission made embassy, to launch 6 projects in Afghanistan

India's Kabul mission made embassy, to launch 6 projects in Afghanistan

Rediff.com10 Oct 2025

India has upgraded its technical mission in Kabul to an embassy, with External Affairs Minister S Jaishankar acknowledging the Taliban's consideration of India's security concerns. The announcement was made during talks with Afghan Foreign Minister Amir Khan Muttaqi, marking a significant step in advancing ties between the two nations.

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.

What Akshay Thinks Of Modi's Fashion Sense

What Akshay Thinks Of Modi's Fashion Sense

Rediff.com14 Oct 2025

'What's more important than money is peace of mind. That's what I always go for, more than money.'

India restores embassy in Kabul, vows to deepen ties with Afghanistan

India restores embassy in Kabul, vows to deepen ties with Afghanistan

Rediff.com21 Oct 2025

The MEA release said that the embassy of India in Kabul will further augment India's contribution to Afghanistan's comprehensive development.

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.

Trump reignites trade war, slaps 100% tariff on China

Trump reignites trade war, slaps 100% tariff on China

Rediff.com11 Oct 2025

Trump made the announcement in response to what he described as China taking "an extraordinarily aggressive position on trade" by sending "an extremely hostile letter to the world."

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.

Why SIP Beats EMI in the Long Run

Why SIP Beats EMI in the Long Run

Rediff.com29 Oct 2025

EMI means you've already spent tomorrow's income; SIP means you're investing today's income to secure tomorrow, explains Ramalingam Kalirajan

Quick-commerce companies expand Tier-II ops ahead of festival season

Quick-commerce companies expand Tier-II ops ahead of festival season

Rediff.com11 Sep 2024

After making the model work in metro cities, players in the quick commerce sector are rapidly expanding their footprint into smaller tier 2 cities and markets beyond that ahead of the festival season.