Search results for 'Customs'

India restricts gold imports to 100 kg under Advance Authorisation scheme

India restricts gold imports to 100 kg under Advance Authorisation scheme

Rediff.com5 days ago

India has capped gold imports under the Advance Authorisation scheme at 100 kg, a day after significantly increasing import duties on precious metals. This move aims to tighten conditions for duty-free gold imports by jewellery exporters and curb non-essential imports amidst a ballooning import bill.

Sunil Mittal plans Bharti Telecom to regain 51% Airtel stake, eyes succession in a decade

Sunil Mittal plans Bharti Telecom to regain 51% Airtel stake, eyes succession in a decade

Rediff.com5 days ago

Telecom czar Sunil Bharti Mittal plans to hand over the reins of Bharti Airtel to his children in the next decade and desires that promoter firm Bharti Telecom regains over 50 per cent stake in the company.

Camila Mendes And Dwayne 'The Rock' Johnson Are Manish Malhotra's Muses At The Met

Camila Mendes And Dwayne 'The Rock' Johnson Are Manish Malhotra's Muses At The Met

Rediff.com6 May 2026

At the Met Gala 2026, Manish Malhotra had both Camila Mendes and Dwayne Johnson (The Rock), wear his creations and then he showed up himself and stole the show!

Isha Ambani And Manish Malhotra Take Over NYC

Isha Ambani And Manish Malhotra Take Over NYC

Rediff.com4 May 2026

At the Vogue Met Gala pre-party held in New York City, Isha Ambani and Manish Malhotra served a masterclass in how to take Indian craftsmanship global without losing its soul.

Gold, silver sell at huge discount after tariff hike

Gold, silver sell at huge discount after tariff hike

Rediff.com4 days ago

Despite a sharp increase in import duties on gold and silver to 15 per cent, the precious metals are trading at significant discounts in the domestic market, with gold seeing discounts of up to $200 an ounce and silver up to $6 an ounce.

Aligarh Police Bust Interstate Gang Trafficking Illegal Firearms

Aligarh Police Bust Interstate Gang Trafficking Illegal Firearms

Rediff.com8 May 2026

Aligarh police arrested twelve members of an interstate gang allegedly involved in trafficking illicit country-made firearms from the ruins of an old fort on the outskirts of Aligarh.

And That's What Natasha Poonawalla Wore To The Met Gala 2026

And That's What Natasha Poonawalla Wore To The Met Gala 2026

Rediff.com5 May 2026

Natasha Poonawalla made a striking appearance at the Met Gala 2026, wearing a sculptural creation by Marc Quinn and a custom couture ensemble by Dolce & Gabbana.

Anime Fever Grips Mumbai's Cosplayers!

Anime Fever Grips Mumbai's Cosplayers!

Rediff.com12 May 2026

Superheroes, gamers and sci-fi icons all had their moment but it was Anime that truly took over.

Bangkok Passenger Arrested With Hydroponic Ganja At Bengaluru Airport

Bangkok Passenger Arrested With Hydroponic Ganja At Bengaluru Airport

Rediff.com18 Apr 2026

Customs officials at Kempegowda International Airport seized 5.78 kg of hydroponic ganja, valued at 2.02 crore, from a passenger arriving from Bangkok. In a separate incident, officials intercepted four female passengers from Bangkok and seized 11.72 kg of hydroponic ganja, valued at 4.10 crore.

Bengaluru Airport: Passenger Held With Hydroponic Ganja Worth Crores

Bengaluru Airport: Passenger Held With Hydroponic Ganja Worth Crores

Rediff.com22 Apr 2026

A passenger arriving from Bangkok was apprehended at Bengaluru's Kempegowda International Airport with hydroponic ganja valued at Rs 3.89 crore.

Xiaomi Unveils S Mini LED TV Series

Xiaomi Unveils S Mini LED TV Series

Rediff.com7 May 2026

Xiaomi has introduced its new S Mini LED series of smart televisions in India, marking its entry into Mini LED technology with enhanced picture quality, superior contrast and increased brightness. The series is available in 55, 65, and 75-inch sizes, with prices starting from 51,999, and offers banking discounts and EMI options.

Coolcations Drive Summer Travel Surge

Coolcations Drive Summer Travel Surge

Rediff.com6 days ago

As temperatures soar, booking queries have surged by double digits -- going up to 125 per cent -- for destinations like Kashmir, Shillong, Gangtok, Munnar, Leh, Rishikesh, Guwahati, Imphal, Kodaikanal and the Andamans.

Mizoram Women's Group Condemns Trafficking Of Women

Mizoram Women's Group Condemns Trafficking Of Women

Rediff.com7 days ago

The apex women's association in Mizoram, Mizo Hmeichhe Insuihkhawm Pawl (MHIP), has strongly condemned the alleged trafficking and exploitation of women from the state under the guise of employment outside Mizoram. The organisation is pursuing the matter to ensure the accused receive stringent punishment under the law.

'If people don't buy gold...': Jewellers protest against PM's appeal

'If people don't buy gold...': Jewellers protest against PM's appeal

Rediff.com12 May 2026

Jewellers in Lucknow protest Prime Minister Modi's appeal to defer gold purchases for a year amid the West Asia crisis, fearing significant business losses and economic hardship for those involved in the trade.

How Tata Steel Is Using AI To Transform Operations

How Tata Steel Is Using AI To Transform Operations

Rediff.com22 Apr 2026

Tata Steel has expanded its partnership with Google Cloud to deploy a unified, enterprise-wide artificial intelligence (AI) strategy across its global value chain, resulting in significant operational improvements.

Air India defers increments, asks staff to cut costs

Air India defers increments, asks staff to cut costs

Rediff.com9 May 2026

Air India has deferred annual salary increments for its staff by at least one quarter and urged a "relentless focus on costs" due to external headwinds like the closure of Pakistan airspace, West Asia conflict, rupee depreciation, and a significant surge in aviation turbine fuel prices, though the airline has assured there will be no layoffs.

Accused In Surat Bank Robbery Shot During Escape Attempt

Accused In Surat Bank Robbery Shot During Escape Attempt

Rediff.com8 May 2026

A man arrested for allegedly looting Rs 50 lakh from a State Bank of India (SBI) branch in Gujarat's Surat was shot in the leg by police after he opened fire at them in an attempt to escape.

Tesla drives in YL, its 2nd model in India, plans to bring humanoid robot Optimus to India

Tesla drives in YL, its 2nd model in India, plans to bring humanoid robot Optimus to India

Rediff.com22 Apr 2026

Tesla has launched its second model in India, the three-row six-seater SUV Model YL, priced at Rs 61.99 lakh, while also announcing plans to expand its service and body shop network across major Indian cities. The company is also considering bringing its humanoid robot Optimus and vertically integrated energy solutions business to India at an appropriate time.

Mission Drishti Marks Space Tech Breakthrough

Mission Drishti Marks Space Tech Breakthrough

Rediff.com4 May 2026

Weighing 190 kg, Mission Drishti is India's heaviest privately developed Earth observation satellite.

Shooting In Pune Salon Injures Two; Police Investigate

Shooting In Pune Salon Injures Two; Police Investigate

Rediff.com24 Apr 2026

Two individuals sustained injuries after a shooting incident occurred in a salon in Pune's Warje area. Police have detained one suspect and are searching for others involved in the attack, which stemmed from a prior dispute.

Rs 5.7 Crore Looted From Bank In Madhya Pradesh

Rs 5.7 Crore Looted From Bank In Madhya Pradesh

Rediff.com18 Apr 2026

Five masked gunmen robbed a Bank of Maharashtra branch in Singrauli, Madhya Pradesh, stealing gold and cash worth Rs 5.7 crore. One suspect has been arrested in Bihar.

10 SUPERHOT Summer Styles

10 SUPERHOT Summer Styles

Rediff.com5 May 2026

Despite soaring temperatures, our favourite celebs continue to dress up and dish out fashion goals like it's a walk in the park. From blazers to gowns and dresses, Namrata Thakker picks April's best fashionable moments.

'Target is to open 80 branches every year for next few years'

'Target is to open 80 branches every year for next few years'

Rediff.com29 Apr 2026

Best in class asset quality, strong retail granularity, and a sustainable return ratio -- these are the things we will look at, says Yes Bank's new MD and CEO Vinay Tonse.

17 cancer drugs to become cheaper as FM announces 'trust-based' customs regime

17 cancer drugs to become cheaper as FM announces 'trust-based' customs regime

Rediff.com1 Feb 2026

Sitharaman in her budget speech said that the customs proposal "aim to further simplify the tariff structure, support domestic manufacturing, promote export competitiveness, and correct inversion in duty".

Increasing the number of policy sales will be a key focus area for SBI Life

Increasing the number of policy sales will be a key focus area for SBI Life

Rediff.com6 May 2026

"Policy sales will be one of the focus areas for the company because looking at the large insurance gap, large number of people being uncovered. The only right way to go is to increase the number of policies," said Amit Jhingran, MD & CEO, SBI Life Insurance.

Four Injured In Karimnagar Jewellery Store Robbery

Four Injured In Karimnagar Jewellery Store Robbery

Rediff.com3 May 2026

Four employees of a jewellery showroom in Karimnagar, Telangana, were injured after unidentified men opened fire during a robbery. The value of the stolen gold ornaments is being ascertained, and police are investigating the incident.

Banks On Alert Over AI Security Risks

Banks On Alert Over AI Security Risks

Rediff.com23 Apr 2026

Finance Minister Nirmala Sitharaman met with bank heads to discuss risks related to Artificial Intelligence (AI) following global concerns over Anthropic's Mythos model and its potential threat to financial systems' data security.

Banks On Alert As AI Model Threatens Data Security

Banks On Alert As AI Model Threatens Data Security

Rediff.com23 Apr 2026

Finance Minister Nirmala Sitharaman met with bank heads to discuss risks related to Artificial Intelligence (AI) following global concerns over Anthropic's Mythos model threatening data security of financial systems.

RBI Cancels Paytm Payments Bank Licence: What it Means for Depositors

RBI Cancels Paytm Payments Bank Licence: What it Means for Depositors

Rediff.com24 Apr 2026

The Reserve Bank of India (RBI) has cancelled the banking licence of Paytm Payments Bank, citing that the bank's affairs were conducted in a manner detrimental to the interests of the bank and its depositors, and its management was prejudicial to public interest.

Caretaker Found Dead: Concerns Over Minority Safety In Bangladesh

Caretaker Found Dead: Concerns Over Minority Safety In Bangladesh

Rediff.com26 Apr 2026

A Hindu temple caretaker was found dead in Bangladesh, sparking outrage and demands for justice from minority groups. The caretaker had been missing for three days before his body was discovered.

Automation nudges banks towards leaner workforce

Automation nudges banks towards leaner workforce

Rediff.com28 Apr 2026

Major Indian banks, including Axis Bank, HDFC Bank, and RBL Bank, have reported a decline in employee headcount in FY26, attributing the reductions to significant investments in technology and automation yielding productivity gains across operations.

It's Action! Action! Action! On OTT This Week

It's Action! Action! Action! On OTT This Week

Rediff.com8 May 2026

Pump up the adrenalin in an action packed OTT this week. Sukanya Verma lists your options.

Isha Ambani Wore 1,000 Diamonds To The Met Gala And It Still Wasn't Enough!

Isha Ambani Wore 1,000 Diamonds To The Met Gala And It Still Wasn't Enough!

Rediff.com5 May 2026

At the 2026 Met Gala, Isha Ambani didn't just shine but practically rewrote the red carpet rulebook wearing Gaurav Gupta.

Bengaluru Airport: Passenger Held With Ganja Worth Rs 1.28 Crore

Bengaluru Airport: Passenger Held With Ganja Worth Rs 1.28 Crore

Rediff.com28 Apr 2026

A passenger arriving from Bangkok was apprehended at Kempegowda International Airport in Bengaluru with hydroponic ganja valued at Rs 1.28 crore. The accused was arrested under the NDPS Act, 1985, and further investigation is underway.

Indian Banks Discuss AI Security Risks After Global Concerns

Indian Banks Discuss AI Security Risks After Global Concerns

Rediff.com23 Apr 2026

Finance Minister Nirmala Sitharaman met with bank heads to discuss the risks associated with Artificial Intelligence (AI) following global concerns about Anthropic's Mythos model and its potential threat to financial systems' data security.

Why Gold Loan Boom Needs Caution

Why Gold Loan Boom Needs Caution

Rediff.com11 May 2026

Rapid growth in personal gold loans has raised concerns over borrower leverage, large-ticket exposure and volatility in gold prices, points out Swaminathan J, Deputy Governor, Reserve Bank of India.

Brands chase flyers as new airports open a runway to revenue for retail

Brands chase flyers as new airports open a runway to revenue for retail

Rediff.com27 Apr 2026

Indian airports are rapidly becoming a significant growth avenue for the country's retail sector, with brands across various consumer segments actively opening stores to tap into the increasing number of flyers and strong domestic tourism momentum.

Why Thane Court Acquitted Five In Trafficking Case

Why Thane Court Acquitted Five In Trafficking Case

Rediff.com23 Apr 2026

A Thane court acquitted five men charged with human trafficking and running a flesh trade, citing critical failures in the prosecution's case, including the non-examination of key witnesses and victims.

How Mizoram Police Rescued Women From Trafficking Racket

How Mizoram Police Rescued Women From Trafficking Racket

Rediff.com7 May 2026

Mizoram police, in collaboration with Uttarakhand police, rescued five Mizo women, including two minors, from a sex trafficking racket operating under the guise of a spa in Rudrapur. Six individuals have been arrested, including the alleged mastermind and spa owner.

Four Arrested At Delhi Airport For Alleged Drug Smuggling

Four Arrested At Delhi Airport For Alleged Drug Smuggling

Rediff.com23 Apr 2026

Customs officials at Delhi's Indira Gandhi International Airport arrested four passengers arriving from Bangkok for allegedly smuggling drugs worth approximately Rs 9 crore.