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.com14 May 2026

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.

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.

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.com14 May 2026

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.

Integrated Customs platform on cards in digitisation push

Integrated Customs platform on cards in digitisation push

Rediff.com16 Dec 2025

To digitise Customs processes, the Union finance ministry is planning to integrate the Indian Customs Electronic Gateway (ICEGATE), Risk Management System (RMS), and Indian Customs Electronic Data Interchange System (ICES) into a single unified national Customs platform, according to government sources.

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.

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.

Despite global risks, top Indian carmakers bullish on FY27 domestic demand

Despite global risks, top Indian carmakers bullish on FY27 domestic demand

Rediff.com18 May 2026

India's leading passenger vehicle manufacturers are significantly increasing investments and factory capacities, alongside planning major product launches for FY27, driven by strong confidence in sustained domestic demand growth despite global geopolitical tensions and supply chain risks.

Gold, silver sell at huge discount after tariff hike

Gold, silver sell at huge discount after tariff hike

Rediff.com15 May 2026

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.

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.

HDFC Bank Must Refund Fraud Victim, Rules Bombay High Court

HDFC Bank Must Refund Fraud Victim, Rules Bombay High Court

Rediff.com10 Apr 2026

The Bombay High Court has directed HDFC Bank to refund Rs 38 lakh to a Pune businessman who lost the amount in a digital fraud, citing the account holder's lack of fault and RBI guidelines on customer protection.

'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.

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.

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.

Mizoram Women's Group Condemns Trafficking Of Women

Mizoram Women's Group Condemns Trafficking Of Women

Rediff.com12 May 2026

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.

Coolcations Drive Summer Travel Surge

Coolcations Drive Summer Travel Surge

Rediff.com13 May 2026

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.

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.

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.

LIC unveils MyLIC and Super Sales Saathi apps for digital transformation

LIC unveils MyLIC and Super Sales Saathi apps for digital transformation

Rediff.com16 Apr 2026

Life Insurance Corporation (LIC) has launched two new mobile applications, MyLIC for policyholders and Super Sales Saathi for its sales intermediaries, aiming to enhance digital agility and cater to the younger generation's needs. The apps, part of LIC's DIVE digital transformation platform, offer features like policy management, premium payments, and personalised recommendations.

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.

'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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

Indian National Held In Sri Lanka With Narcotics

Indian National Held In Sri Lanka With Narcotics

Rediff.com21 Apr 2026

A 35-year-old Indian national was arrested at Bandaranaike International Airport in Sri Lanka for carrying over one kilogramme of 'Kush' narcotics.

Enforcement Directorate Raids West Bengal Over PDS Scam

Enforcement Directorate Raids West Bengal Over PDS Scam

Rediff.com25 Apr 2026

The Enforcement Directorate (ED) conducted raids at multiple locations in West Bengal as part of a money laundering investigation into an alleged Public Distribution System (PDS) scam.

Redwood Software Inaugurates Global Centre In Hyderabad

Redwood Software Inaugurates Global Centre In Hyderabad

Rediff.com22 Apr 2026

US-based Redwood Software has inaugurated its global centre in Hyderabad, designating it as its primary operational location. The centre will focus on AI-powered automation and aims to enhance Redwood's ability to manage operations across hybrid IT environments. Redwood plans to hire over 300 new employees by the end of 2027.

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.

RIL's Q4 Profit Falls 12.5% Due to Energy Crisis, Jio Platforms Reports 13% Growth

RIL's Q4 Profit Falls 12.5% Due to Energy Crisis, Jio Platforms Reports 13% Growth

Rediff.com24 Apr 2026

Reliance Industries Ltd reported a 12.5 per cent fall in its March quarter net profit, primarily impacted by the global energy crisis affecting its oil and chemicals business, while its consumer-facing Jio Platforms unit saw a 13 per cent increase in profit after tax.

Rs 14 Lakh Looted From Bank In Madhya Pradesh

Rs 14 Lakh Looted From Bank In Madhya Pradesh

Rediff.com17 Apr 2026

Five masked gunmen stormed a nationalised bank in Madhya Pradesh's Singrauli district, making off with Rs 14 lakh after threatening staff and customers at gunpoint.

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.

Meerut Police Bust Prostitution Racket, Arrest Five

Meerut Police Bust Prostitution Racket, Arrest Five

Rediff.com28 Apr 2026

Police in Meerut, Uttar Pradesh, have dismantled an alleged prostitution racket in the Railway Road area, arresting five individuals, including a woman. The operation was conducted following complaints, leading to the apprehension of the accused and the recovery of cash, mobile phones, and other materials.

EC deploys 432 counting observers across Bengal

EC deploys 432 counting observers across Bengal

Rediff.com3 May 2026

The Election Commission has deployed 432 counting observers across all 294 assembly constituencies in West Bengal to ensure transparent and smooth counting of votes. Several districts have been assigned additional observers in view of their sensitivity and electoral significance. Enforcement agencies have carried out extensive seizure drives during the election period to curb illegal inducements, with total seizures valued at approximately Rs 561 crore.

'We are targeting a combined ratio of around 107% in FY27,': SBI General CEO

'We are targeting a combined ratio of around 107% in FY27,': SBI General CEO

Rediff.com4 May 2026

SBI General Insurance aims to achieve a 10 per cent market share among private and standalone health insurers within approximately five years, up from its current 7.17 per cent, said Naveen Chandra Jha, managing director and chief executive officer, SBI General Insurance.