In the hottest sector of AI, where most global VC funding is going currently, the country's record has not been anything to write home about.
Union Minister of Commerce and Industry Piyush Goyal's recent comments on large e-commerce players have reignited the debate about their impact on smaller offline retailers. On Wednesday, Goyal said that the rapid growth of e-commerce in India is a "cause for concern" and is diminishing the market share of small, mom-and-pop stores by offering high-margin products such as consumer electronics and apparel at discounted rates.
Senior Congress leader Shashi Tharoor welcomed the revival of long-stalled India-UK FTA negotiations, posting a selfie with Union Commerce and Industry Minister Piyush Goyal and the UK's Secretary of State for Business and Trade Jonathan Reynolds. Tharoor's post comes amid a row over his recent article praising the Kerala government's investment climate, which drew criticism from some Congress leaders.
Kohli walked up to Rahul and cheekily recreated Rahul's famous celebration - pointing to the ground and thumping his chest.
A government official said India and the US are exploring an interim trade deal within 90 days.
The CII Business Summit 2025's inaugural session witnessed a rousing standing ovation and a felicitation ceremony for the defence top brass sending a strong message about India's rising military industrial complex and hghlghting that security is a top-of-the-mind issue for India Inc.
Manuscripts of Bhagavad Gita and Bharat Muni's Natyashastra have been added to UNESCO's Memory of the World Register, joining 74 other new documentary heritage collections from 72 countries and four international organizations. Prime Minister Narendra Modi lauded the inclusion, describing it as a "proud moment for every Indian across the world." He highlighted the Gita and Natyashastra's contributions to civilization and consciousness, emphasizing their continued inspiration. Union Culture Minister Gajendra Singh Shekhawat also celebrated the recognition, emphasizing the historical significance for India's civilizational heritage. These additions bring the total number of inscribed collections on the UNESCO Memory of the World Register to 570, with India now having 14 inscriptions.
Several leaders of the opposition's Indian National Developmental Inclusive Alliance (INDIA) have given a privilege notice against leader of the house in Rajya Sabha Piyush Goyal over his certain remarks against some opposition leaders.
The state has clocked more than 8 per cent growth in the last three financial years, braving global headwinds and thriving on its manufacturing strength
This is only the second time that Punjab Kings reached the IPL final, while it is the fourth time that RCB have made it to the title clash.
The 35-year-old swing maestro is the most successful pace bowler in the IPL, surpassing West Indian legend Dwayne Bravo.
India is not "rethinking" supporting investments from China, said Commerce and Industry Minister Piyush Goyal on Tuesday, referring to a proposal made in the Economic Survey 2024. The survey by India's chief economic advisor last week said India had two "choices" to benefit from the so-called China plus one strategy, either by integrating into that country's supply chain or by promoting foreign direct investment (FDI). "Chief economic advisor's report speaks about new ideas and gives out their own thinking. It is not at all binding on the government and there is no rethinking to support Chinese investments in the country," Goyal told reporters in Delhi.
A Delhi court on Monday extended by 12 more days the NIA custody of 26/11 Mumbai attack accused Tahawwur Hussain Rana.
This dismissal marked Maxwell's 19th duck in IPL history, making him the all-time leader in this unwanted record, surpassing Rohit Sharma and Dinesh Karthik.
India and the US are likely to agree on an interim trade agreement before July 8 with New Delhi pushing for full exemption from the 26 per cent reciprocal tariff on domestic goods, an official said. The US on April 2 imposed an additional 26 per cent reciprocal tariff on Indian goods but suspended it for 90 days till July 9.
The Chennai-born cricketer has 185 wickets in 217 matches at an average of 29.92, conceding runs at an economy of 7.18.
The country's goods and services exports have crossed $820 billion in 2024-25, marking a nearly 6 per cent increase over the previous fiscal year despite global economic uncertainties, the commerce ministry said on Wednesday. The exports stood at $778 billion in 2023-24.
Commerce and Industry Minister Piyush Goyal on Wednesday questioned Amazon's announcement of $1 billion investment in India, saying the US retailer was not doing any great service to the Indian economy but filling up for the losses it had suffered in the country. He said that their huge losses in India "smells of predatory pricing", which is not good for the country as it impacts crores of small retailers.
The government is expediting visa-related issues to bring technicians to India from any country, not just China, as and when required, to ensure the smooth implementation of the flagship production-linked incentive (PLI) scheme aimed at boosting domestic manufacturing. "If those under the PLI scheme need to get their equipment installed, we try to expedite the ability to get technicians into India from any country, whichever it may be," Union Commerce and Industry Minister Piyush Goyal told Business Standard in an interview.
Thakur College of Science and Commerce, post the controversy, said the event aimed to encourage students, particularly first time voters, to participate in the upcoming general elections but added "the matter", possibly a reference to students being forced to attend, was "under review".
'The startup ecosystem, the government, and the owners of large pools of Indian capital need to actively support the creation of these local champions, not pull down the teams that are trying hard to get there.'
Virat and Krunal inspired Bengaluru to the top of the table by stitching up an impeccable 119-run stand to safely guide the Royal Challengers through the turbulent phase.
Tahawwur Hussain Rana, a key figure in the 2008 Mumbai terror attacks, has been extradited from the US to India and produced before a Delhi court. Rana, a close associate of David Coleman Headley, was brought to India after the US Supreme Court dismissed his review plea against extradition. The National Investigation Agency (NIA) has sought 20 days of custody to interrogate Rana, citing clinching evidence, including emails. The agency believes that Rana's interrogation is critical to understanding the larger conspiracy behind the attacks and his role in planning them.
With US President Donald Trump "temporarily suspending" country-specific reciprocal tariffs until July 9, India sees the three-month window as an opportunity to renew its push for a proposed bilateral trade agreement (BTA) with the US and expedite finalisation of the first tranche of the trade deal.
Ahead of the 18th season of Indian Premier League, here all the stats and numbers from the annual cricket extravaganza.
Rizvi will be representing Delhi Capitals this season.
Chawla lauded Hardik's sharp tactical awareness, which played a pivotal role in MI's emphatic 8-wicket triumph, helping them bounce back after two consecutive defeats.
Mumbai Indians bowled out Kolkata Knight Riders for a paltry 116 runs in their latest IPL encounter, winning the match by eight wickets.
Starlink's application for offering satcom services in India had been held up for the company's inability to comply with mandatory ownership disclosure norms.
Tharoor's recent remarks on Kerala's industrial growth sparked controversy within the Congress state unit.
Issues related to the proposed free trade agreement (FTA) and bilateral investment treaty between India and the UK are expected to figure during the three-day visit of Finance Minister Nirmala Sitharaman to London from April 8-10, official sources said. The minister will attend a host of meetings, including the India-United Kingdom Economic and Financial Dialogue, in London.
Divya Nair/Rediff.com speaks to students and experts to find out whether it is better to study management in India or try for an international MBA.
Commerce and Industry Minister Piyush Goyal has visited the manufacturing facility of US-based electric vehicle major Tesla at Fremont, California and said that the company would be doubling its auto components imports from India. The minister is in the US on a four-day visit. The world's largest electric car producer Tesla Inc's chief Elon Musk met Prime Minister Narendra Modi in June in New York and after the meeting Musk had said that he planned to visit India in 2024.
Brendan Lynch, the assistant US trade representative for South and Central Asia, will pay a five-day visit to India beginning Tuesday, days before US President Donald Trump's tit-for-tat tariff kicks in. The senior US trade official is expected to hold talks with Commerce Minister Piyush Goyal besides meeting a number of senior Indian officials.
Senior officials of India and the US will begin three-day talks on the proposed bilateral trade agreement in New Delhi on Wednesday amid threats of reciprocal tariffs from the Trump-administration, an official said. To formally start the negotiations on the pact, Assistant US Trade Representative for South and Central Asia Brendan Lynch, along with a team of officials, is in New Delhi.
Tahawwur Hussain Rana, the mastermind behind the 2008 Mumbai terror attacks, has been taken into 18-day custody by the National Investigation Agency (NIA) in India. Rana was extradited from the United States after years of legal battles and will be questioned to unravel the complete conspiracy behind the attacks.
India's National Security Advisor Ajit Doval held bilateral talks with US Director of National Intelligence Tulsi Gabbard, and chaired a conclave of top global intelligence chiefs focusing on strengthening cooperation in confronting various security challenges including terrorism and threats posed by emerging technologies. The meeting also focused on security in the Indo-Pacific region, cooperation to counter terror funding and money laundering, and issues relating to extradition and immigration.
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.
India and the United States will finalize the contours, schedule of negotiations, and terms of reference for a proposed bilateral trade agreement (BTA) during a three-day meeting beginning Tuesday. The agreement is expected to be finalized in two tranches, with the first phase focusing on goods trade. The US team, led by Assistant US Trade Representative for South and Central Asia Brendan Lynch, will be in India from March 25-29 to discuss the agreement. Both countries are aiming to conclude the first phase of the agreement by fall 2025.
India and the US have decided to hold sector-specific talks in the coming weeks to finalise the structure of the proposed bilateral trade agreement (BTA), the government said on Saturday. The engagement between the two countries came in the backdrop of the USA's threat to impose reciprocal tariffs on its key trading partners, including India, on April 2.
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