Search results for 'Customs'

West Asia conflict weighs heavily on India's startup funding, causing a 43% drop

West Asia conflict weighs heavily on India's startup funding, causing a 43% drop

Rediff.com30 Jun 2026

Indian startup funding plummeted by 43 per cent year-on-year to $7.81 billion between March 1 and June 15, 2026, largely due to the West Asia conflict, which has amplified global risk perceptions, tightened liquidity, and led to rupee depreciation, making global investors cautious.

Passenger Caught With 29 Exotic Animals At Mumbai Airport

Passenger Caught With 29 Exotic Animals At Mumbai Airport

Rediff.com7 Jun 2026

Customs officials at Mumbai international airport intercepted an Indian passenger arriving from Bangkok with 29 exotic wild animals, including a gibbon, melanistic squirrel, ball python, and iguana. A rescue team was called to identify and stabilise the animals, which will be repatriated to their country of origin.

Tashi Network, DroneVerse Conduct Groundbreaking Drone Swarm Trial In Delhi

Tashi Network, DroneVerse Conduct Groundbreaking Drone Swarm Trial In Delhi

Rediff.com25 Jun 2026

Tashi Network and DroneVerse successfully conducted a live drone swarm field trial in Delhi, demonstrating advanced autonomous capabilities for defence and internal security. The trial showcased decentralised mesh technology, allowing drone swarms to maintain mission coherence even with communication disruptions, marking a significant step towards India's technological sovereignty in autonomous warfare.

Sedans Hold Ground In Luxury Market Despite SUV Wave

Sedans Hold Ground In Luxury Market Despite SUV Wave

Rediff.com2 Jun 2026

While SUVs have steadily gained share across the industry, data shows that nearly three in 10 luxury vehicles sold in India are sedans, highlighting the segment's resilience despite years of SUV-led growth.

Want To Exchange Gold? Read This First

Want To Exchange Gold? Read This First

Rediff.com1 Jun 2026

'Customers do not recover the original making charges paid on old jewellery. Sentimental value is lost when heirlooms are exchanged.'

RBI Plans New UPI Safety Checks

RBI Plans New UPI Safety Checks

Rediff.com2 Jun 2026

Authorised push payment frauds have emerged as a growing challenge globally as scammers increasingly rely on social engineering techniques to persuade users to transfer money voluntarily, making recovery more difficult even when transactions are authenticated.

Air India introduces basic fare category without complimentary meals

Air India introduces basic fare category without complimentary meals

Rediff.com17 Jun 2026

Loss-making Air India has introduced a new 'Basic Fare' category for select domestic flights, which does not include complimentary meals, as part of its efforts to trim expenses amid rising operational costs.

3 Indian-origin men jailed for running drugs ring in UK

3 Indian-origin men jailed for running drugs ring in UK

Rediff.com27 Jun 2026

A Metropolitan Police investigation into a "sophisticated" west London organised crime network dealing in heroin and crack cocaine has resulted in three Indian-origin men being sentenced to a total of over 22 years.

ATM Interchange Fee May Be Linked to WPI, Fresh Hike Expected

ATM Interchange Fee May Be Linked to WPI, Fresh Hike Expected

Rediff.com1 Jun 2026

The National Payments Corporation of India (NPCI) is set to consider linking the ATM interchange fee to the Wholesale Price Index (WPI), alongside a potential hike from the current 19 to 21-22, which could impact customer charges for transactions beyond the free limit.

Sinner, Djokovic Advance To Second Round At Wimbledon

Sinner, Djokovic Advance To Second Round At Wimbledon

Rediff.com30 Jun 2026

World number one Jannik Sinner survived an early scare in his Wimbledon title defence but the Italian shook off the rust and fought past Serb Miomir Kecmanovic 4-6, 6-3, 6-7(6), 6-2, 6-3 on Monday to reach the second round.

Eligible Manufacturer Importers Scheme, Starting April 1, Will Ease Customs Duty Payments

Eligible Manufacturer Importers Scheme, Starting April 1, Will Ease Customs Duty Payments

Rediff.com1 Mar 2026

The Central Board of Indirect Taxes and Customs (CBIC) announced the implementation of the Eligible Manufacturer Importers (EMI) scheme from April 1, allowing eligible importers to defer customs duty payments.

GST @ 10: Focus Shifts To AI-Led Compliance, Faster Refunds, Simpler Tax

GST @ 10: Focus Shifts To AI-Led Compliance, Faster Refunds, Simpler Tax

Rediff.com28 Jun 2026

As India marks a decade of the Goods and Services Tax (GST), the focus is shifting towards enhancing efficiency through artificial intelligence, data sharing, and process simplification. The reform, which unified India's indirect tax system, has significantly broadened the tax base and boosted revenues, with future plans including a streamlined two-tier rate structure and continued technological integration to reduce compliance costs and combat evasion.

Asus ProArt PZ14: Unveiling The Snapdragon X2 Elite-Powered 2-in-1 Laptop

Asus ProArt PZ14: Unveiling The Snapdragon X2 Elite-Powered 2-in-1 Laptop

Rediff.com19 Jun 2026

The Asus ProArt PZ14, powered by Qualcomm's Snapdragon X2 Elite processor and featuring a 3K OLED touchscreen, is now available for pre-order in India, offering a versatile 2-in-1 design and exclusive benefits.

Kunal Shah steps down as CRED CEO to lead WhatsApp; Meta invests Rs 8,550 crore in fintech platform

Kunal Shah steps down as CRED CEO to lead WhatsApp; Meta invests Rs 8,550 crore in fintech platform

Rediff.com22 Jun 2026

Fintech platform CRED announced a significant funding round of Rs 8,550 crore led by Meta, coinciding with founder Kunal Shah's departure as CEO to take on the global leadership role for WhatsApp.

How TCS And Mistral Will Deliver AI Solutions Globally

How TCS And Mistral Will Deliver AI Solutions Globally

Rediff.com28 May 2026

Tata Consultancy Services has partnered with French artificial intelligence firm Mistral to provide frontier grade AI solution, Mistral Forge, for enterprises across the world.

Six Thai Nationals Arrested With Hydroponic Cannabis In Varanasi

Six Thai Nationals Arrested With Hydroponic Cannabis In Varanasi

Rediff.com1 Jun 2026

Six Thai nationals, including three women, were arrested at Lal Bahadur Shastri International Airport in Varanasi after customs officials seized hydroponic cannabis valued at over Rs 19 crore from their possession.

Trump Is Coming For Immigrant Brothers, Sisters, Aunties, Uncles...

Trump Is Coming For Immigrant Brothers, Sisters, Aunties, Uncles...

Rediff.com13 Jun 2026

Immigrants' contribution to the US economy is disproportionate to their share of the population, meaning that losing them would shrink the economy even more than losing a random group of Americans, points out Sree Sreenivasan.

Gold Imports Fall After Duty Hike

Gold Imports Fall After Duty Hike

Rediff.com19 Jun 2026

Monthly gold imports have declined to 25-30 tonnes from 70-80 tonnes while recycling of old jewellery has increased following the recent hike in import duties.

48 Crore Hydroponic Weed Seized At Delhi Airport

48 Crore Hydroponic Weed Seized At Delhi Airport

Rediff.com23 May 2026

Customs officials at Delhi's IGI Airport seized approximately 48 crore worth of hydroponic weed from two Thai nationals arriving from Bangkok, marking one of the largest narcotics recoveries at an Indian international airport in recent years.

Govt restores commercial LPG supplies as West Asia crisis eases

Govt restores commercial LPG supplies as West Asia crisis eases

Rediff.com25 Jun 2026

The government on Thursday restored liquefied petroleum gas (LPG) supplies to commercial consumers such as hotels, restaurants and other businesses to pre-crisis levels, and lifted sector-specific restrictions imposed during the recent West Asia conflict, in a sign that energy supply concerns are easing as global markets stabilise.

Thai Nationals Held With Rs 48 Cr Weed At Delhi Airport

Thai Nationals Held With Rs 48 Cr Weed At Delhi Airport

Rediff.com23 May 2026

Customs officials at Delhi's IGI Airport seized suspected hydroponic weed worth approximately Rs 48 crore from two Thai nationals arriving from Bangkok.

Inside GSB Cuisine Queen Komal Prabhu's Kitchen

Inside GSB Cuisine Queen Komal Prabhu's Kitchen

Rediff.com29 Jun 2026

Discover the inspiring journey of Komal Prabhu, called the Queen of GSB Cuisine, that saw her switch professions -- a Bharata Natyam dancer became a celebrated chef devoted to preserving traditional Gaud Saraswat Brahmin food traditions.

DoT notifies new telecom authorisation rules, replacing multiple licences

DoT notifies new telecom authorisation rules, replacing multiple licences

Rediff.com25 Jun 2026

The Department of Telecommunications (DoT) has introduced a new authorisation regime, replacing multiple licences with a single permission for principal telecom services, aiming to simplify compliance and accommodate evolving technologies. This move is expected to ease business operations, enhance fraud prevention with AI, and expand connectivity, especially through satellite networks.

Spark Shines: Indian Trackmania Star Secures Esports World Cup Berth

Spark Shines: Indian Trackmania Star Secures Esports World Cup Berth

Rediff.com19 Jun 2026

Kunal Upreti, known as Spark, has become India's sole Trackmania representative at the Esports World Cup 2026 after excelling in the Asia and Oceania qualifiers. He will compete for a significant prize pool, representing both India and S8UL on the global stage.

Con City Review: Heist Comedy That Keeps Misfiring

Con City Review: Heist Comedy That Keeps Misfiring

Rediff.com26 Jun 2026

Con City has a fun premise and a handful of clever scams, but its biggest con is convincing you it's smarter than it really is.

6 Taxpayer Categories Face Scrutiny

6 Taxpayer Categories Face Scrutiny

Rediff.com22 Jun 2026

Taxpayers should reconcile returns with AIS, Form 26AS and maintain all supporting records.

JSW Motors to roll out 15 new-energy vehicles in India by 2027, targeting premium segment

JSW Motors to roll out 15 new-energy vehicles in India by 2027, targeting premium segment

Rediff.com12 Jun 2026

JSW Motors, part of the JSW group, is set to enter India's passenger vehicle market with plans to launch 15 new-energy vehicles (NEVs) over the next four years, with deliveries commencing from December 2026.

Shopkeeper Killed By Unidentified Assailants In Ferozepur

Shopkeeper Killed By Unidentified Assailants In Ferozepur

Rediff.com1 Jun 2026

A shopkeeper was shot dead by two unidentified attackers in Makhu town, Ferozepur district, Punjab. Police have launched an investigation and are examining CCTV footage to determine the motive.

Tata Motors' CV arm shifts focus to services, digital biz for growth

Tata Motors' CV arm shifts focus to services, digital biz for growth

Rediff.com8 Jun 2026

Tata Motors' commercial vehicle business is increasingly focusing on parts, services, connected-vehicle platforms, and digital businesses to drive growth and reduce dependence on cyclical vehicle sales, as outlined in its FY26 annual report.

Jio Platforms board approves IPO for 27 crore share sale, DRHP to be filed today

Jio Platforms board approves IPO for 27 crore share sale, DRHP to be filed today

Rediff.com19 Jun 2026

Jio Platforms Ltd, the digital and telecommunications arm of Reliance Industries, has received board approval to file draft papers for an initial public offering (IPO) involving a fresh issue of up to 27 crore equity shares. The draft red herring prospectus (DRHP) is expected to be filed with SEBI today, marking a significant value-creation event for Reliance shareholders.

Brother Strangles Sister Over Relationship Dispute In Fatehpur

Brother Strangles Sister Over Relationship Dispute In Fatehpur

Rediff.com13 Jun 2026

A 22-year-old man in Fatehpur allegedly strangled his 20-year-old sister and dumped her body in a well after she insisted on living with her boyfriend following her recent marriage. The accused surrendered to the police and confessed to the crime.

Unitech Reports Rs 441 Crore Net Loss For March Quarter

Unitech Reports Rs 441 Crore Net Loss For March Quarter

Rediff.com28 May 2026

Realty firm Unitech Ltd reported a consolidated net loss of Rs 441 crore for the quarter ended March 2026, compared to a net loss of Rs 309.95 crore in the year-ago period. The company faces a cash crunch and delays in housing projects, affecting around 22,000 customers.

Why US denied Somali referee Omar Abdulkadir Artan entry for World Cup

Why US denied Somali referee Omar Abdulkadir Artan entry for World Cup

Rediff.com10 Jun 2026

The Trump administration said on Tuesday the United States had denied Somali soccer referee Omar Abdulkadir Artan entry for the World Cup because of his links to "suspected members of terror organizations".

Govt restricts bulk petrol, diesel purchases from retail pumps

Govt restricts bulk petrol, diesel purchases from retail pumps

Rediff.com12 Jun 2026

The Indian government has restricted industrial, commercial, and institutional users from purchasing petrol and diesel from retail petrol pumps, directing them to bulk sale points instead. This move, which can last up to 90 days, aims to address abnormal demand growth and prevent localised shortages caused by a significant price difference between retail and bulk fuel prices.

Titan's expansion plans earn glittering outlook

Titan's expansion plans earn glittering outlook

Rediff.com6 Jun 2026

Titan Company's ambitious roadmap to achieve a 20 per cent revenue compound annual growth rate (CAGR) by financial year 2030 (FY30) has garnered a positive outlook from analysts, who highlight the company's strong brand, sourcing capabilities, and diversified portfolio as key strengths.

Uttar Pradesh Man Arrested With Marijuana At Ahmedabad Airport

Uttar Pradesh Man Arrested With Marijuana At Ahmedabad Airport

Rediff.com22 May 2026

A man from Uttar Pradesh was arrested at Ahmedabad airport for allegedly possessing over 20 kg of marijuana after arriving from Bangkok.

Hyderabad Police Busts International 'OG Ganja' Smuggling Network

Hyderabad Police Busts International 'OG Ganja' Smuggling Network

Rediff.com9 Jun 2026

Telangana's EAGLE Force, in coordination with Customs and NCB, has dismantled an international 'OG Ganja' smuggling ring operating between Bangkok and India. The operation led to the arrest of a woman junior artist and the seizure of 2.15 kg of cannabis, exposing a larger syndicate that exploits vulnerable women as drug carriers.

Will Budget 2026 Fix The Customs-FTA Disconnect?

Will Budget 2026 Fix The Customs-FTA Disconnect?

Rediff.com31 Jan 2026

Customs regimes can lead to labyrinthine legal disputes. Budget 2026 must recognise that an excessively defensive Customs posture can itself become a trade barrier, point out Mukesh Butani and Shankey Agrawal.

Anupam Rasayan Pioneers ETFA Production With Innovative Chemistry Platform

Anupam Rasayan Pioneers ETFA Production With Innovative Chemistry Platform

Rediff.com12 Jun 2026

Specialty chemicals maker Anupam Rasayan India Ltd has become the first company globally to commercialise Ethyl trifluoroacetate (ETFA) production using its proprietary continuous flow chemistry platform. This innovative technology offers significant advantages over traditional methods, and ETFA is a crucial component for pharmaceuticals, life sciences, and performance materials, with a global market estimated at USD 500-600 million.

BMW has maxi plans for Mini Cooper, drive into Tier 2 markets

BMW has maxi plans for Mini Cooper, drive into Tier 2 markets

Rediff.com13 Jun 2026

The luxury carmaker plans to drive growth through local assembly of the MINI Countryman, expansion into 10 new cities and a broader product portfolio.