News for 'Custom'

Fashion Quick Commerce Gets Festive Boost

Fashion Quick Commerce Gets Festive Boost

Rediff.com24 Aug 2026

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

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

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

Rediff.com26 Aug 2026

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.

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.

Customs Officials Seize Hydroponic Weed, Cash At Mumbai Airport

Customs Officials Seize Hydroponic Weed, Cash At Mumbai Airport

Rediff.com9 May 2026

Customs officials at Mumbai's Chhatrapati Shivaji Maharaj International Airport seized hydroponic weed valued at nearly 20 crore and USD 1 lakh in cash over two days.

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.

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.

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.

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

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

Rediff.com28 Aug 2026

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

IDFC First Bank Simplifies Customs Duty Payments Digitally

IDFC First Bank Simplifies Customs Duty Payments Digitally

Rediff.com18 Apr 2026

IDFC First Bank has integrated with ICEGATE 2.0 to enable digital payment of customs duty, central excise, and service tax for its customers.

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.

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.

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.

Have taken all steps to learn from Dec disruption: IndiGo's Bhatia

Have taken all steps to learn from Dec disruption: IndiGo's Bhatia

Rediff.com29 Jul 2026

IndiGo Managing Director Rahul Bhatia has stated that the airline has 'taken all the necessary steps' to learn from the operational disruption faced in December last year, while outlining a long-term vision focused on customer trust, international expansion, and establishing India as a global aviation hub.

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.

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.

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

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

Rediff.com25 Aug 2026

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.

Bank of Baroda Hit by Cyberattack

Bank of Baroda Hit by Cyberattack

Rediff.com28 Jul 2026

The incident involved compromise of an employee's email account, resulting in unauthorised access to certain data.

Maruti Suzuki urges govt for 'as-is' settlement or amnesty scheme for indirect tax disputes

Maruti Suzuki urges govt for 'as-is' settlement or amnesty scheme for indirect tax disputes

Rediff.com7 Aug 2026

Maruti Suzuki India's CFO, Arnab Roy, has urged the central government to introduce an amnesty scheme or an 'as-is' settlement option to resolve past indirect tax disputes, aiming to clear legacy litigation and foster growth in the automotive industry. Roy emphasised the need for a 'smarter way to address the past' to provide long-term certainty for businesses.

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.

Can TCS Survive Chandra's Exit?

Can TCS Survive Chandra's Exit?

Rediff.com24 Aug 2026

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

Trai expands 1601 number series to utilities, logistics to curb fraud

Trai expands 1601 number series to utilities, logistics to curb fraud

Rediff.com11 Aug 2026

The Telecom Regulatory Authority of India (Trai) has expanded the 1600-number series to include utilities, courier, and logistics companies, introducing the new 1601 series to help consumers identify legitimate calls and prevent widespread fraud and impersonation.

Digital Banking Records Now Admissible As Evidence

Digital Banking Records Now Admissible As Evidence

Rediff.com10 Aug 2026

The Rajya Sabha has passed The Bankers' Books Evidence Bill, 2026, which aims to replace a British-era law and allow digital and virtual records to be admissible as evidence in courts. This legislation aligns with contemporary digital banking practices and extends a uniform evidential framework to various financial entities, including NBFCs and fintech companies. Finance Minister Nirmala Sitharaman highlighted the bill's role in strengthening public confidence and safeguarding customer privacy. The bill's passage, however, saw an Opposition walkout over unrelated issues.

Why Jennifer Winget's Wedding Gown Was So Special

Why Jennifer Winget's Wedding Gown Was So Special

Rediff.com20 Aug 2026

Karleo shares the story behind Jennifer Winget's wedding gown, revealing how over 3,000 hours of craftsmanship, intricate Indian embroidery, Victorian lace and heartfelt personal touches, including a tribute to her beloved dogs, came together to create a memorable bridal look.

Why Have Flipkart, Netflix Tied Up?

Why Have Flipkart, Netflix Tied Up?

Rediff.com1 Aug 2026

'GenZ today is close to 45 to 50 per cent of the overall shopping journeys in the country. They are also very content-first in terms of entertainment or otherwise, general gratification of content and discovery.'

India Named in US China Transshipment Network

India Named in US China Transshipment Network

Rediff.com15 Aug 2026

'All these reports and announcements by the US seem like attempts to gain a lever in trade deal negotiations with India.'

India's gold demand falls 6% in Q2 on weak seasonal sales

India's gold demand falls 6% in Q2 on weak seasonal sales

Rediff.com31 Jul 2026

India's gold demand saw a 6 per cent year-on-year decline in the April-June quarter of 2026, reaching 131.4 tonnes, primarily due to subdued seasonal sales, increased Customs duty, and Prime Minister Narendra Modi's call to reduce gold purchases, according to a World Gold Council report.

Shillong violence sparks Assam-Meghalaya road blockade

Shillong violence sparks Assam-Meghalaya road blockade

Rediff.com20 Aug 2026

Traffic between Assam and Meghalaya was disrupted after Guwahati-based cab operators blocked National Highway-27, protesting alleged attacks on people from Assam during a Khasi Students' Union (KSU) rally in Shillong, which saw 31 vehicles damaged and several pedestrians assaulted.

Everyone Loves Crispy Palak Bhajiyas

Everyone Loves Crispy Palak Bhajiyas

Rediff.com30 Jul 2026

At sunset, in Vashi, New Bombay, a modest roadside stall, near the entrance of General Arun Kumar Vaidya Kala Kendra, quietly draws a steady stream of endless customers -- office-goers, students, families and regulars.

Rajasthan High Court Grants Divorce, Criticises 'Aata-Sata' Marriage Custom

Rajasthan High Court Grants Divorce, Criticises 'Aata-Sata' Marriage Custom

Rediff.com19 May 2026

The Rajasthan High Court overturned a family court's decision, granting a woman a divorce and strongly criticising the 'Aata-Sata' marriage custom, highlighting the need to assess matrimonial disputes based on the 'preponderance of probabilities' rather than criminal law standards.

Himachal Bank Boosts Digital Services With New Platform

Himachal Bank Boosts Digital Services With New Platform

Rediff.com22 Jul 2026

Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu congratulated the State Cooperative Bank on successfully migrating its core banking system to the 'Finacle 10.2.25' platform. This upgrade aims to provide faster, more transparent, and secure financial services, enhancing customer experience and operational efficiency across its 262 branches.

Maruti Brezza Targets First-Time SUV Buyers

Maruti Brezza Targets First-Time SUV Buyers

Rediff.com24 Jul 2026

The refreshed Brezza will target first-time, replacement and additional-car buyers as Maruti responds to changing preferences and intensifying competition in compact SUVs.

Govt Nods Polymer Banknote Trials for Rs 10 and Rs 20 Denominations

Govt Nods Polymer Banknote Trials for Rs 10 and Rs 20 Denominations

Rediff.com11 Aug 2026

The Indian government has approved the introduction of one billion polymer banknotes in Rs 10 and Rs 20 denominations for field trials, aiming to enhance durability. This move comes as the Finance Minister also addressed Parliament on declining retail inflation, GST reforms, and other fiscal measures taken to support the economy and household consumption.

Delhi HC orders winding up of Paytm Payments Bank

Delhi HC orders winding up of Paytm Payments Bank

Rediff.com28 Jul 2026

The Delhi High Court has ordered the winding up of Paytm Payments Bank Limited (PPBL) following the Reserve Bank of India's cancellation of its banking licence due to non-compliance and concerns over depositor interests.

Why AI Agents Can't Go Fully Autonomous Yet

Why AI Agents Can't Go Fully Autonomous Yet

Rediff.com3 Aug 2026

The biggest challenge to widespread deployment is no longer AI. It is the financial and commerce infrastructure that was built decades ago for deterministic software and human interactions -- not autonomous AI agents.

New 'boss' scam to dupe corporate employees busted

New 'boss' scam to dupe corporate employees busted

Rediff.com18 Aug 2026

Ahmedabad Cyber Crime Branch has uncovered a Rs 1.5 crore WhatsApp fraud, leading to the arrest of two key SIM and OTP suppliers in West Bengal. The investigation revealed a sophisticated international cybercrime network spanning China, Pakistan, India, and Hong Kong, operating a "boss scam" and utilizing a "Cybercrime as a Service" model. Police recovered a significant portion of the defrauded amount and secured thousands of devices.

Super.money Unveils SplitStore For Gen Z Buyers

Super.money Unveils SplitStore For Gen Z Buyers

Rediff.com6 Aug 2026

Flipkart-backed Scapic Innovations, operating as super.money, has launched splitStore, a credit-linked e-commerce platform targeting Gen Z. It allows customers to split payments into interest-free installments, with the goal of contributing 20% to total revenue by December and transforming how India shops by providing instant access to products for new-to-credit users.

Tata Motors' Q1 Net Profit Jumps 83% on Strong Sales, Iveco Acquisition Nears

Tata Motors' Q1 Net Profit Jumps 83% on Strong Sales, Iveco Acquisition Nears

Rediff.com12 Aug 2026

Commercial vehicle manufacturer Tata Motors Ltd reported an impressive 83 per cent increase in consolidated net profit, reaching Rs 2,556 crore for the first quarter ending June 30, primarily boosted by a significant mark-to-market gain on investments in Tata Capital Ltd.

GSTN Postpones E-Way Bill Changes

GSTN Postpones E-Way Bill Changes

Rediff.com31 Jul 2026

GSTN has put on hold its planned enhancements to the e-way bill system, providing businesses with crucial time to adapt to the proposed changes amid widespread industry concerns.