Search results for 'customs'

Budget 2026: Is Customs Amnesty Scheme On The Cards?

Budget 2026: Is Customs Amnesty Scheme On The Cards?

Rediff.com7 Jan 2026

Total pending Customs arrears, including amounts under litigation, court stays and cases where the appeal period has not expired, stood at about Rs 1.36 trillion at the end of December 2024.

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.

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.

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 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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

Realty developers roll out flexible payment plans amid slow sales

Realty developers roll out flexible payment plans amid slow sales

Rediff.com4 May 2026

Real estate developers are increasingly offering flexible payment plans, such as low booking amounts and deferred payments, to stimulate housing sales and manage affordability concerns without resorting to price cuts, as sales volumes declined by 14 per cent in 2025.

Tata Motors filed record 144 patents in FY26

Tata Motors filed record 144 patents in FY26

Rediff.com29 Apr 2026

Commercial vehicles major Tata Motors Ltd has announced a record 144 patent applications filed in FY26, its highest in a single year, focusing on vehicle safety, reliability, cost, comfort, and future mobility solutions like electric and hydrogen vehicles.

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.

India's Smaller Cities Pop Corks: Champagne Demand Spreads Beyond Metros

India's Smaller Cities Pop Corks: Champagne Demand Spreads Beyond Metros

Rediff.com1 May 2026

Champagne consumption in India is expanding beyond major metropolitan areas into smaller cities like Kanpur, Guwahati, and Lucknow, driven by a desire for sophisticated lifestyle declarations and a growing appreciation for the beverage.

How AI Skills Can Give Indian Employees An Edge

How AI Skills Can Give Indian Employees An Edge

Rediff.com26 Apr 2026

Employees with artificial intelligence skills are likely to see better salary increments in the coming years, especially in technology, GCCs, and BFSI sectors, according to TeamLease Edtech.

Telangana Jewellery Store Hit By Armed Robbery: What Happened?

Telangana Jewellery Store Hit By Armed Robbery: What Happened?

Rediff.com3 May 2026

Armed men opened fire at a jewellery store in Karimnagar, Telangana, injuring four employees before escaping with gold ornaments. Police have launched a manhunt and are offering a reward for information.

Why AI Skills Are Crucial For Salary Hikes In India

Why AI Skills Are Crucial For Salary Hikes In India

Rediff.com26 Apr 2026

Employees with artificial intelligence skills are likely to see better salary increments in the coming years, especially in technology, GCCs, and BFSI sectors, according to TeamLease Edtech.

The Met Gala And Sudha Reddy's Rs 142 Crore Necklace...

The Met Gala And Sudha Reddy's Rs 142 Crore Necklace...

Rediff.com5 May 2026

Billionaire philanthropist Sudha Reddy walked the Met Gala red carpet in a stunning outfit and an even more stunning necklace.

The Met Gala And Sudha Reddy's Rs 142 Crore Necklace...

The Met Gala And Sudha Reddy's Rs 142 Crore Necklace...

Rediff.com5 May 2026

Billionaire philanthropist Sudha Reddy walked the Met Gala red carpet in a stunning outfit and an even more stunning necklace.

When Will Jio Credit Reach AUM Level Of Rs 1 Trillion?

When Will Jio Credit Reach AUM Level Of Rs 1 Trillion?

Rediff.com29 Apr 2026

'We are staying away from making forward-looking statements on when we will reach 1 trillion, etc. But growth will be rapid; it's only a matter of time.'

Passenger Arrested At Bengaluru Airport With Ganja Worth Lakhs

Passenger Arrested At Bengaluru Airport With Ganja Worth Lakhs

Rediff.com24 Apr 2026

A passenger arriving from Bangkok at Kempegowda International Airport in Bengaluru was arrested for possessing hydroponic ganja worth Rs 87.5 lakh. The arrest was made under the NDPS Act, and further investigation is underway.

ISRO to print rocket components with Russian 3D printing machine

ISRO to print rocket components with Russian 3D printing machine

Rediff.com29 Apr 2026

The RusBeam 2800 is now India's largest electron-beam wire deposition 3D printer operating under vacuum. The machine was custom-built for India and is operated with software developed by Rosatom.

L&T reports 3% decline in profit; revenue up 11%

L&T reports 3% decline in profit; revenue up 11%

Rediff.com6 May 2026

Infrastructure major Larsen & Toubro (L&T) reported a 3 per cent year-on-year decline in consolidated net profit for Q4 FY26, reaching 5,325.60 crore, primarily due to exceptional gains in the previous year. Despite this, the company's consolidated order book surged by 28 per cent to 7.4 trillion, with international orders accounting for 52 per cent.

RBI mandates faster credit of inward remittances

RBI mandates faster credit of inward remittances

Rediff.com10 Apr 2026

The Reserve Bank of India (RBI) has introduced stricter timelines for banks to process inward cross-border remittances, aiming to reduce delays in crediting funds to beneficiaries by mandating immediate customer intimation and more frequent nostro account reconciliation.

Summer Holiday Travel Insurance: Key Things To Know

Summer Holiday Travel Insurance: Key Things To Know

Rediff.com30 Apr 2026

Understand your travel insurance policy before travelling abroad this summer. This article outlines what travel insurance covers, including trip cancellations, missed connections, and medical emergencies, and what it excludes, such as war-related disruptions and pre-existing conditions.

Fake roadside assistance call centre busted in Delhi, 12 arrested

Fake roadside assistance call centre busted in Delhi, 12 arrested

Rediff.com7 Apr 2026

Delhi Police have dismantled a fraudulent call centre operating a roadside assistance policy scam, arresting 12 individuals involved in deceiving customers.

Jharkhand Cyber Crime Crackdown: 10 Arrested in Deoghar

Jharkhand Cyber Crime Crackdown: 10 Arrested in Deoghar

Rediff.com16 Apr 2026

Jharkhand police have arrested 10 cyber criminals in Deoghar district for defrauding people through fake online platforms and fraudulent cashback offers.

Bajaj Auto's Q4 Profit More Than Doubles Amid Record Sales and KTM Consolidation

Bajaj Auto's Q4 Profit More Than Doubles Amid Record Sales and KTM Consolidation

Rediff.com7 May 2026

Bajaj Auto reported a significant increase in its consolidated Q4FY26 performance, with profit after tax more than doubling to approximately 3,662 crore, a 103 per cent year-on-year rise, primarily driven by record volumes, an improved product mix, and the strategic consolidation of Bajaj Auto International Holdings AG (BAIHAG).