Search results for 'Customs'

Bengaluru Gets First Gemini Enterprise Experience Centre

Bengaluru Gets First Gemini Enterprise Experience Centre

Rediff.com19 Aug 2026

Econz IT Services, in partnership with Google Cloud, has launched Bengaluru's first Gemini Enterprise Experience Centre. This centre provides an immersive environment for businesses to develop and deploy advanced Agentic AI solutions, marking a significant step in enterprise AI innovation in the region.

How India's Digital Ecosystem Propelled UPI To Global Success

How India's Digital Ecosystem Propelled UPI To Global Success

Rediff.com4 days ago

Arunachal Pradesh Chief Minister Pema Khandu highlighted that the success of UPI, which handles nearly half of the world's real-time digital transactions, stems from a collaborative ecosystem including financial inclusion, digital identity, and affordable internet. He attributed this digital payments revolution to the vision of PM Narendra Modi.

Rukmini Vasanth Makes You Wonder...

Rukmini Vasanth Makes You Wonder...

Rediff.com5 days ago

Rukmini Vasanth's Toxic may be bringing the drama to the big screen but her wardrobe has been quietly causing its own kind of chaos.

How To Claim Unclaimed Bank Deposits

How To Claim Unclaimed Bank Deposits

Rediff.com21 Aug 2026

A savings or current account with no customer-induced transaction for more than 24 months is classified as inoperative.

India, US Equity Markets Less Attractive on FCF Yields; Real Estate Sales Moderate

India, US Equity Markets Less Attractive on FCF Yields; Real Estate Sales Moderate

Rediff.com5 days ago

A Goldman Sachs report indicates that US and Indian equity markets are becoming less attractive due to lower free cash flow (FCF) yields as valuations rise, while European markets offer significantly higher yields. Concurrently, India's top-listed residential real estate developers experienced a moderation in pre-sales in Q1FY27, attributed to delayed project approvals, limited launches, and high year-ago bases, though underlying housing demand remains healthy.

Runable Raises $21 Million To Expand AI Agent Platform Capabilities

Runable Raises $21 Million To Expand AI Agent Platform Capabilities

Rediff.com2 days ago

AI agent platform Runable has successfully raised $21 million in Series A funding, co-led by Susquehanna Venture Capital and Nexus Venture Partners. The company plans to use these funds to expand its growth capabilities, enhance measurement tools, and scale its Runable Academy, which supports small business owners in building and growing their ventures.

Skoda Bets Big On India With CNG, Diesel and EVs

Skoda Bets Big On India With CNG, Diesel and EVs

Rediff.com19 Aug 2026

Skoda Auto is strategically navigating the competitive Indian automotive market by prioritising profitable growth, exploring new powertrain options like CNG and a limited diesel return, and gearing up for a locally produced electric SUV, all while expanding its retail footprint.

How Bank Staff Exploit Depositors' Trust For Fraud

How Bank Staff Exploit Depositors' Trust For Fraud

Rediff.com12 Aug 2026

A sophisticated cross-bank syndicate is systematically defrauding non-resident Indians (NRIs) and elderly citizens by exploiting their fixed deposits through forged documents and fictitious loans, often involving colluding bank employees and real estate deals.

4 India-based companies face US sanctions over Iran trade

4 India-based companies face US sanctions over Iran trade

Rediff.com4 days ago

The United States has sanctioned four India-based companies, including a customs broker and three other firms, for their involvement in importing petroleum and petrochemical products from Iran. This action is part of "Operation Economic Outcast," a broader US campaign to sever Iran's financial lifelines and prevent funding for its destabilising activities.

Customs Busts Luxury Car Smuggling Ring, Seizes SUVs

Customs Busts Luxury Car Smuggling Ring, Seizes SUVs

Rediff.com15 May 2026

The Customs Commissionerate (Preventive), Kochi, has seized multiple SUVs and arrested a used luxury car showroom owner as part of 'Operation Numkhor', an ongoing investigation into the smuggling of luxury vehicles from Nepal and Bhutan.

Yamaha Enters India's 200cc Sportsbike Segment with YZF-R2

Yamaha Enters India's 200cc Sportsbike Segment with YZF-R2

Rediff.com1 days ago

The all-new, globally first YZF-R2 is priced from Rs 2,30,500 (ex-showroom, Delhi).

Bharti Airtel's Q1 FY27 profit surges 37.3% driven by premium users

Bharti Airtel's Q1 FY27 profit surges 37.3% driven by premium users

Rediff.com5 Aug 2026

Bharti Airtel, India's second-largest telecom operator, reported a 37.3 per cent rise in consolidated net profit to 8,167 crore for Q1 FY27, driven by the addition of high-paying premium customers, despite missing Bloomberg consensus estimates.

Quantum Computing: AI's Next Frontier

Quantum Computing: AI's Next Frontier

Rediff.com4 hours ago

Quantum computing is set to redefine artificial intelligence, cybersecurity, and scientific discovery, promising unprecedented speeds and capabilities while also necessitating urgent development of quantum-safe security measures and strategic enterprise readiness, says Sunil Varghese.

Bajaj Finance's Strong Q1 FY27 Performance Driven by AUM Growth, Digital Initiatives

Bajaj Finance's Strong Q1 FY27 Performance Driven by AUM Growth, Digital Initiatives

Rediff.com9 Aug 2026

Bajaj Finance reported a strong Q1 FY27 performance with 24 per cent year-on-year AUM growth and a 28 per cent rise in consolidated profit after tax, driven by significant increases in consumer financing, gold loans, and commercial vehicle loans, alongside a strategic focus on digital transformation and AI.

Nepal-Tibet floods: Toll surges to 392; 1,500 missing amid fresh threat

Nepal-Tibet floods: Toll surges to 392; 1,500 missing amid fresh threat

Rediff.com1 days ago

Nepal is grappling with one of its worst disasters in recent years as massive flash floods, triggered by an ice avalanche, have claimed 270 lives and left thousands missing across multiple districts, prompting urgent rescue and relief operations.

BMW India CFO: 'Surprised by scale and length of tax litigation'

BMW India CFO: 'Surprised by scale and length of tax litigation'

Rediff.com7 Aug 2026

BMW India CFO Carsten Lammers has expressed surprise at the extensive scale and prolonged duration of tax and Customs litigation in India, advocating for faster dispute resolution and simpler procedures to ensure business stability.

ICE detains Indian-origin guitarist, green-card holder grandmother in US

ICE detains Indian-origin guitarist, green-card holder grandmother in US

Rediff.com18 Aug 2026

Two Indian-origin individuals, Pritesh Walia, a jazz guitarist, and Venkata Vasamsetty, a green-card holder grandmother, have been detained by US Immigration and Customs Enforcement (ICE) in separate cases, highlighting the Trump administration's intensified deportation and enforcement drive.

Tata Group Faces Massive Funding Challenge

Tata Group Faces Massive Funding Challenge

Rediff.com3 days ago

Tata Sons has the balance sheet to support them, for now.

'Friend' stabs DU girl student for talking to other men

'Friend' stabs DU girl student for talking to other men

Rediff.com1 days ago

A 21-year-old Delhi University student was brutally stabbed to death at her home in Tilak Nagar. Police suspect a known acquaintance, Imran, committed the crime out of rage over her talking to another person. Imran is currently absconding, and multiple police teams have been formed to apprehend him as investigations continue.

Blinkit extends lead in quick commerce, outperforming rivals beyond major cities

Blinkit extends lead in quick commerce, outperforming rivals beyond major cities

Rediff.com2 days ago

A new CLSA report indicates that Eternal's Blinkit is significantly widening its lead in India's quick-commerce sector, particularly beyond major metropolitan areas, by expanding its dark store network and securing a first-mover advantage in over 180 cities.

84 Indians rescued in Nepal floods, search ops continue: MEA

84 Indians rescued in Nepal floods, search ops continue: MEA

Rediff.com1 days ago

The devastating flash floods wreaked havoc across Nepal, with the ministry of external affairs on Thursday stating that 84 Indian nationals have been rescued while 290 remain uncontactable as the Himalayan nation stepped up search, rescue and relief operations following the disaster that has claimed more than 390 lives.

NRI Deposit Inflows Drop 23% in Q1 FY27, RBI Data Reveals

NRI Deposit Inflows Drop 23% in Q1 FY27, RBI Data Reveals

Rediff.com3 days ago

Inflows into non-resident Indian (NRI) deposit schemes decreased by 23.24 per cent to $2.78 billion during the first quarter of FY27, down from $3.61 billion in the previous year, according to Reserve Bank of India (RBI) data.

Fashion Quick Commerce Gets Festive Boost

Fashion Quick Commerce Gets Festive Boost

Rediff.com5 days ago

Qcom platforms are prioritising convenience, selection, AI-driven inventory planning and loyalty rewards over deep discounting.

Private Banks Intensify FCNR(B) Push as RBI Swap Window Nears Closure

Private Banks Intensify FCNR(B) Push as RBI Swap Window Nears Closure

Rediff.com19 Aug 2026

Private banks in India are aggressively mobilising Foreign Currency Non-Resident (Bank), or FCNR(B), deposits by raising interest rates and using website countdowns, as the Reserve Bank of India's swap window is set to close on August 31, earlier than initially planned.

AI Effect: 'Nearly 3 Million Jobs Are At Risk In India'

AI Effect: 'Nearly 3 Million Jobs Are At Risk In India'

Rediff.com1 days ago

In the next 36 months nearly 25 to 40 per cent of jobs will be under threat from AI and job losses are inevitable.

Finance Minister Explains MDR Impact On Digital Payments

Finance Minister Explains MDR Impact On Digital Payments

Rediff.com6 Aug 2026

Finance Minister Nirmala Sitharaman clarified that the Merchant Discount Rate (MDR) on digital transactions applies to merchants, not customers, and aims to support banks and fintech in infrastructure investment. She countered Congress leader Jairam Ramesh's claims, stating that a committee will decide on MDR only after Parliament passes the Taxation and Other Laws (Amendment) Bill, 2026, a process currently stalled by parliamentary disruptions.

Report Highlights Key Challenges For India's AI Growth

Report Highlights Key Challenges For India's AI Growth

Rediff.com19 Aug 2026

A report by policy think tank The Dialogue reveals that India's artificial intelligence (AI) ecosystem is primarily constrained by a shortage of skilled talent and a lack of data standardisation, rather than market concentration. The study, which surveyed 308 stakeholders, found that talent availability and data usability are major concerns, with a significant reliance on open-source AI models.

Shabnam Sinha to succeed Sunil Mittal as Airtel Payments Bank Chairperson

Shabnam Sinha to succeed Sunil Mittal as Airtel Payments Bank Chairperson

Rediff.com17 Aug 2026

Shabnam Sinha is set to take over as the Chairperson of Airtel Payments Bank for a three-year term starting October 1, 2026, succeeding Sunil Mittal, who concludes his tenure as non-executive Chairman.

US names India among nations helping China evade tariffs

US names India among nations helping China evade tariffs

Rediff.com14 Aug 2026

The White House has launched a major crackdown on the 'Great Transhipment Scam', accusing India and over 40 other nations of helping Chinese exporters bypass US tariffs by misrepresenting the origin of goods. The US plans to use AI-driven monitoring and anti-transhipment clauses in future trade agreements to strengthen enforcement.

Payments Council Confirms UPI Will Remain Free For Consumers And Small Merchants

Payments Council Confirms UPI Will Remain Free For Consumers And Small Merchants

Rediff.com7 Aug 2026

The Payments Council of India has confirmed that Unified Payments Interface (UPI) services will continue to be free for consumers and small merchants, despite a recent Lok Sabha Bill. This clarification addresses concerns about potential charges, emphasising that while a sustainable financial model for UPI infrastructure is being developed, transaction charges will not be passed on to users or small businesses.

DoT directs telcos to deny new SIMs to subscribers with nine or more connections

DoT directs telcos to deny new SIMs to subscribers with nine or more connections

Rediff.com19 Aug 2026

The Department of Telecommunications (DoT) has instructed telecom operators to refuse new mobile connections to individuals who already possess nine or more SIM cards, effective from August 24, 2026.

What Miss India World Nikita Porwal Is Celebrating!

What Miss India World Nikita Porwal Is Celebrating!

Rediff.com20 Aug 2026

Vietnam Beauty Fashion Fest XVI turned into quite the fashion spectacle as national ambassadors from across the world took the stage during one of the most anticipated events of the 75th Anniversary Miss World celebration.

Life After Leak: When Your Data Gets Stolen

Life After Leak: When Your Data Gets Stolen

Rediff.com18 Aug 2026

A data breach does not end when the headlines fade. For victims, stolen personal information can fuel fraud, identity theft and financial losses for years.

Mumbai firm get Nadcap nod, boosts aircraft component sourcing from India

Mumbai firm get Nadcap nod, boosts aircraft component sourcing from India

Rediff.com4 days ago

Mumbai-based TCR Engineering Services has become the first independent company in India to receive Nadcap accreditation for materials testing at its Navi Mumbai and Vadodara laboratories, a crucial step for Indian suppliers to enter the global aerospace supply chain.

Customs To Tighten Vigil Against Gold Smuggling After Duty Hike

Customs To Tighten Vigil Against Gold Smuggling After Duty Hike

Rediff.com13 May 2026

Revenue intelligence and customs officers are set to intensify surveillance and increase vigilance on international borders to combat potential gold smuggling following a significant increase in customs duty on gold.

Praggnanandhaa finishes second in Sinquefield Cup, qualifies for Grand Finale

Praggnanandhaa finishes second in Sinquefield Cup, qualifies for Grand Finale

Rediff.com20 Aug 2026

India's Grandmaster R Praggnanandhaa finished second in the Sinquefield Cup after losing to American Wesley So in the Armageddon game, but secured his spot in the Grand Chess Tour finale later this year.

TCS And Google Cloud Unveil Gemini Experience Centre In Mexico City

TCS And Google Cloud Unveil Gemini Experience Centre In Mexico City

Rediff.com11 Aug 2026

Tata Consultancy Services (TCS) and Google Cloud have inaugurated a new Gemini Experience Center (GEC) in Mexico City. This facility, the second in Latin America and ninth globally for TCS, is equipped with over 3,000 AI agents and aims to drive industry-specific AI solutions across various sectors. It will help organisations bridge the gap between AI experimentation and implementation, enhancing innovation and data-driven decision-making in the region.

Can TCS Survive Chandra's Exit?

Can TCS Survive Chandra's Exit?

Rediff.com5 days ago

N Chandrasekaran's exit marks a major shift for TCS, leaving its leadership to navigate AI disruption without the group chairman's deep expertise.

SBI MD Highlights Need For Alternative Data In MSME Lending

SBI MD Highlights Need For Alternative Data In MSME Lending

Rediff.com11 Aug 2026

A top SBI official has highlighted the challenges bankers face in lending to MSMEs using only GST data, advocating for the integration of alternative data sources like power consumption and telecom records through credit bureaus to improve credit assessment.

Mahindra Launches BE 6 SPORTEQ Range: One Big Update, Simplified Options

Mahindra Launches BE 6 SPORTEQ Range: One Big Update, Simplified Options

Rediff.com17 Aug 2026

Is this one car with options, or three distinct vehicles? Rajesh Karkera/Rediff.com finds out.