News for 'Custom'

India's services sector growth hits 3-month high in September on strong domestic demand

India's services sector growth hits 3-month high in September on strong domestic demand

Rediff.com6 Oct 2026

India's services sector experienced its strongest growth in three months in September, with the HSBC India Services PMI Business Activity Index rising to 55.2, driven by a sharp increase in new orders and strengthening domestic demand.

RBI Repo Rate Hike: What It Means For Your EMI

RBI Repo Rate Hike: What It Means For Your EMI

Rediff.com7 Oct 2026

The Reserve Bank of India has raised the repo rate by 0.25%. Three financial planners explain how soon banks will pass the increased loan interest on, what borrowers should check and what they need to avoid.

7 Hidden Credit Card Settings To Avoid Scams

7 Hidden Credit Card Settings To Avoid Scams

Rediff.com24 Sep 2026

Your credit card may have security controls you rarely use. Here are seven settings that can help prevent unwanted or fraudulent transactions.

Import-linked GST drives 18.1% surge in September revenue

Import-linked GST drives 18.1% surge in September revenue

Rediff.com2 Oct 2026

India's Goods and Services Tax (GST) receipts, after accounting for refunds, surged by 18.1 per cent annually to approximately 1.77 trillion in September, marking its fastest growth in six months. This increase was primarily driven by a significant rise in tax revenue from imports, which grew 26 per cent annually.

Did Aishwarya Rock Or Did Kendall?

Did Aishwarya Rock Or Did Kendall?

Rediff.com29 Sep 2026

Paris Fashion Week got a serious dose of star power as Aishwarya Rai Bachchan and Kendall Jenner brought two very different takes on black glamour to the L'Oral Paris Le Dfil runway.

'Airtel Will Remain An Institution Run By Professionals'

'Airtel Will Remain An Institution Run By Professionals'

Rediff.com14 Oct 2026

'The Rs 35,000 crore of capex every year, I don't get to sign 35 paise out of this.'

MPs Express Alarm Over New UPI Merchant Fee

MPs Express Alarm Over New UPI Merchant Fee

Rediff.com16 Sep 2026

Opposition MPs have voiced strong concerns regarding the government's decision to levy a 0.4 per cent fee on UPI payments above Rs 2,000 made to merchants, effective October 15. They argue that this "anti-people" move will negatively impact a large segment of the population, despite the finance ministry clarifying that the charge is on the merchant ecosystem and not directly on customers for P2P or small payments.

Paytm shares jump over 7% as UPI fee introduced; other fintechs volatile

Paytm shares jump over 7% as UPI fee introduced; other fintechs volatile

Rediff.com16 Sep 2026

Shares of fintech firms, particularly Paytm, saw significant movement after the Indian government introduced a 0.4 per cent fee on UPI transfers exceeding Rs 2,000 made to merchants, effective October 15.

New UPI Merchant Fee Sparks Volatility In Fintech Shares

New UPI Merchant Fee Sparks Volatility In Fintech Shares

Rediff.com16 Sep 2026

The Indian government has introduced a 0.4% fee on UPI transfers above Rs 2,000 made to merchants, effective October 15, ending nearly six years of free merchant payments. This move led to initial rallies in fintech stocks like Paytm and Mobikwik, though some later pared gains. Person-to-person transactions and small payments remain free for customers, with the fee being a Merchant Discount Rate (MDR).

Assam CM Unveils NESFIC To Transform Northeast Into Innovation Hub

Assam CM Unveils NESFIC To Transform Northeast Into Innovation Hub

Rediff.com25 Sep 2026

Assam Chief Minister Himanta Biswa Sarma launched the North East Seva Innovation Challenge (NESFIC), envisioning the region as India's 'living laboratory' for technology and problem-solving. The initiative aims to empower young innovators to address real-world challenges faced by government, industries, and citizens, with a focus on practical implementation and government procurement.

How To Prepare For A Heart Emergency

How To Prepare For A Heart Emergency

Rediff.com1 Oct 2026

Families, especially those with a history of these ailments, must prepare before an emergency strikes.

Tax relief on insurance drives higher policy purchases, expands coverage

Tax relief on insurance drives higher policy purchases, expands coverage

Rediff.com22 Sep 2026

The removal of Goods and Services Tax (GST) on individual health and life insurance has led to a significant increase in new policy purchases and higher coverage levels, despite an initial surge moderating, according to industry experts.

Wadhwa Group Holdings opts for confidential IPO route with Sebi filing

Wadhwa Group Holdings opts for confidential IPO route with Sebi filing

Rediff.com30 Sep 2026

Wadhwa Group Holdings Ltd, the holding company of real estate developer The Wadhwa Group, has filed preliminary papers with markets regulator Sebi for an Initial Public Offering (IPO) using the confidential route, keeping offer details private for now.

Meesho's unique value-commerce model faces stiff competition, premium valuations

Meesho's unique value-commerce model faces stiff competition, premium valuations

Rediff.com3 Oct 2026

Meesho, a value-commerce platform targeting middle- and lower-income geographies, is poised for significant growth driven by its asset-light model and low fulfilment costs, but faces intense competition from e-commerce giants and high valuations.

Why RBI Backs UPI MDR For Transactions Over Rs 2,000

Why RBI Backs UPI MDR For Transactions Over Rs 2,000

Rediff.com15 Sep 2026

The Reserve Bank of India (RBI) has endorsed the introduction of a Merchant Discount Rate (MDR) on UPI transactions exceeding Rs 2,000, effective October 15. This move, which levies a 0.4 per cent fee on merchant payments above the threshold, aims to bolster the long-term sustainability and growth of India's digital payments ecosystem. The RBI clarified that person-to-person (P2P) transactions and small person-to-merchant (P2M) payments below Rs 2,000 will remain free for users, ensuring no direct charge on customers.

Beware These Insurance Sales Traps

Beware These Insurance Sales Traps

Rediff.com25 Sep 2026

If a bank sold the policy, complain to its grievance cell and, if necessary, escalate the complaint to the Reserve Bank of India Ombudsman.

Message From Shivaji Park: 'Gyanesh Kumar Must Resign!'

Message From Shivaji Park: 'Gyanesh Kumar Must Resign!'

Rediff.com3 Oct 2026

From meme-worthy poster carrying youngsters to an E20 petrol hater to the disenfranchised and youth with spine, the CJP's Shivaji Park rally on Friday saw them all.

How to choose the right IPO? Essential tips for investors

How to choose the right IPO? Essential tips for investors

Rediff.com29 Sep 2026

An IPO can create excitement, particularly when you see a new issue attracting strong interest from investors. But popularity alone does not make an IPO suitable for every investor. Before you apply, it's crucial to scrutinise the financial performance, risk profile, and valuation of the company. Ultimately, your objective should be choosing a company that aligns with your financial goals.

Customs Intercepts Hydroponic Ganja Smugglers At Bengaluru Airport

Customs Intercepts Hydroponic Ganja Smugglers At Bengaluru Airport

Rediff.com8 Jun 2026

Bengaluru Customs officials arrested two passengers at Kempegowda International Airport in separate incidents, seizing hydroponic ganja worth a total of Rs 5.9 crore. The arrests were made under the Narcotic Drugs and Psychotropic Substances (NDPS) Act.

This Mumbai Cafe Teaches You How To Make Coffee

This Mumbai Cafe Teaches You How To Make Coffee

Rediff.com8 Oct 2026

Instead of simply choosing the drink, you are encouraged to choose the coffee bean first. How much roast do you like? What kind of acidity suits your palate? Do you want something brighter, more delicate or richer?

Customs Intercepts Hydroponic Ganja Smugglers At Bengaluru Airport

Customs Intercepts Hydroponic Ganja Smugglers At Bengaluru Airport

Rediff.com8 Jun 2026

Bengaluru Customs officials arrested two passengers at Kempegowda International Airport in separate incidents, seizing hydroponic ganja worth a total of Rs 5.9 crore. The arrests were made under the Narcotic Drugs and Psychotropic Substances (NDPS) Act.

IFA Shield Final: East Bengal Seek Revenge Against Mohun Bagan In Derby Clash

IFA Shield Final: East Bengal Seek Revenge Against Mohun Bagan In Derby Clash

Rediff.com7 Oct 2026

East Bengal FC and Mohun Bagan are set to clash in the IFA Shield final on Thursday, a highly anticipated Kolkata derby. East Bengal aims to avenge last year's defeat and secure their 30th title, while Mohun Bagan seeks to retain the Shield and claim their 22nd. The match comes amidst a demanding schedule for both teams, particularly Mohun Bagan, with players returning from national duty, adding to the tactical challenges for coaches Panagiotis Dilmperis and Antonio Habas.

NPS Tatkal To Drive Pension System Growth

NPS Tatkal To Drive Pension System Growth

Rediff.com1 Oct 2026

PFRDA Chairperson S Ramann announced an ambitious target to add 2-3 crore new subscribers to the National Pension System (NPS) within the next two years. This growth will be significantly driven by the new 'NPS Tatkal' scheme, which enables direct enrolment and contributions via UPI applications, making the pension system more accessible, especially in tier 2 and tier 3 cities and for the informal sector.

UPI MDR: 75% Of Merchants May Be Unaffected

UPI MDR: 75% Of Merchants May Be Unaffected

Rediff.com25 Sep 2026

75% of India's 60 million digital-payment merchants have never recorded a transaction above 2,000.

Trai Targets Spam Calls From Apps

Trai Targets Spam Calls From Apps

Rediff.com19 Sep 2026

Trai has brought app-based spam calls under tighter regulations through new A2P call rules.

Mahindra & Mahindra weighs SUV price hike as commodity costs rise

Mahindra & Mahindra weighs SUV price hike as commodity costs rise

Rediff.com27 Sep 2026

Mahindra & Mahindra is contemplating another price increase across its SUV portfolio in response to recent commodity price surges, with a decision expected within the next two weeks, according to Nalinikanth Gollagunta, CEO Automotive Division, Mahindra Group.

7 Scams That Can Empty Your Bank Account

7 Scams That Can Empty Your Bank Account

Rediff.com15 Sep 2026

A frozen phone screen, a fake customer-care call, a screen-sharing request or even a duplicate SIM can give cybercriminals a route into your bank account.

Bank Unions Postpone Nationwide Strike Over Five-Day Work Week Demand

Bank Unions Postpone Nationwide Strike Over Five-Day Work Week Demand

Rediff.com28 Sep 2026

Bank unions have deferred a three-day nationwide strike after receiving assurances from the Indian Banks' Association (IBA) regarding their demands, including the implementation of a five-day work week and modifications to the PLI scheme for senior officers.

Banks will take 3-4 months to deploy FCNR(B) flows: Setty

Banks will take 3-4 months to deploy FCNR(B) flows: Setty

Rediff.com11 Sep 2026

State Bank of India Chairman C S Setty stated that banks will take three to four months to deploy the significant funds mobilised through foreign currency non-resident (bank), or FCNR(B), deposits, which is unlikely to cause "abnormal lending". He also highlighted the need for agentic artificial intelligence (AI) costs to fall sharply for its widespread deployment in India, envisioning its role in transforming banking from fraud detection to personalised financial assistance.

Rashmika Mandanna Is Melting Milan With Her Sizzle

Rashmika Mandanna Is Melting Milan With Her Sizzle

Rediff.com23 Sep 2026

Rashmika Mandanna made her Vogue World 2026 debut in Milan, marking her return to the spotlight after a long break following an injury that left her on bed rest.

Marc Benioff Highlights India's Role In Salesforce's AI Transformation

Marc Benioff Highlights India's Role In Salesforce's AI Transformation

Rediff.com16 Sep 2026

Salesforce CEO Marc Benioff has identified a significant opportunity for India as the company transitions its enterprise systems to an AI-first model. He emphasised India's crucial role, leveraging its extensive pool of technology professionals and partners, in this global technological transformation, which he likened to a "Y2K moment" for engineering.

HCLTech Expands Automation Capabilities With Robotiq.ai Acquisition

HCLTech Expands Automation Capabilities With Robotiq.ai Acquisition

Rediff.com29 Sep 2026

HCL Technologies' software division, HCLSoftware, is set to acquire Croatia-based enterprise RPA provider Robotiq.ai for 9 million euro. This strategic acquisition aims to enhance HCLSoftware's AI-driven workflow capabilities and automate tasks in complex business environments, with the deal expected to close by November 2026.

Lava Bold N4 Pro 5G Packs 5G And A 6,000 mAh Battery

Lava Bold N4 Pro 5G Packs 5G And A 6,000 mAh Battery

Rediff.com26 Sep 2026

The Lava Bold N4 Pro 5G sports a sleek flat back, with its dual-camera module neatly housed in a raised rounded-rectangle unit at the top-left.

Mayawati Criticises New UPI Merchant Transaction Fee

Mayawati Criticises New UPI Merchant Transaction Fee

Rediff.com18 Sep 2026

BSP chief Mayawati has criticised the Centre's decision to introduce a 0.4 per cent fee on UPI merchant transactions exceeding Rs 2,000, effective October 15. She termed it a "capitalist profiteering attitude" that burdens the common people, while the government clarified that the charge is on merchants and not customers for person-to-person transactions.

Hyundai Expects 8-10% H2 Sales Growth, Aims To Outpace PV Industry

Hyundai Expects 8-10% H2 Sales Growth, Aims To Outpace PV Industry

Rediff.com25 Sep 2026

Hyundai Motor India is set to outpace the broader passenger vehicle market, projecting an 8-10 per cent domestic sales growth in H2FY27, fueled by strategic launches of a new mid-size SUV and a dedicated electric vehicle, alongside increased production capacity.

Traders Threaten Cash Pushback Over New UPI Transaction Fee

Traders Threaten Cash Pushback Over New UPI Transaction Fee

Rediff.com16 Sep 2026

The central government has introduced a 0.4 per cent fee on UPI transactions exceeding Rs 2,000, prompting traders' associations to advocate for cash payments to avoid additional costs on digital payments. This move ends the zero-Merchant Discount Rate (MDR) regime, with traders expressing concerns about operating on tight margins and the potential for increased charges.

Maruti Suzuki Bets On Premium Hatchbacks With New Baleno

Maruti Suzuki Bets On Premium Hatchbacks With New Baleno

Rediff.com15 Sep 2026

Maruti Suzuki India is strategically investing in the premium hatchback segment, launching a refreshed Baleno with advanced driver assistance systems (ADAS) to capture a significant share of the evolving Indian passenger vehicle market, even as SUVs continue their dominance.

Amid some bumps, outlook positive for Tata Capital

Amid some bumps, outlook positive for Tata Capital

Rediff.com29 Sep 2026

Tata Capital remains confident in its 23-25 per cent growth guidance, driven by strong momentum in Retail and SME segments, despite facing pressures from rising funding costs and potential impacts from new RBI regulations on revolving credit.

Saudi Arabia's Pipeline Closure Raises Cost Of India's Crude

Saudi Arabia's Pipeline Closure Raises Cost Of India's Crude

Rediff.com23 Sep 2026

Saudi Arabia's East-West pipeline shutdown could make crude costlier for India as refiners face fewer supply routes and rising freight and insurance costs.

Maha makes free drinking water mandatory for customers at eateries

Maha makes free drinking water mandatory for customers at eateries

Rediff.com25 Jun 2026

The Maharashtra Food and Drug Administration has issued a comprehensive order mandating free drinking water for customers in all food establishments, banning food served in newspapers, and introducing rigorous operational standards. These new regulations aim to improve food safety, hygiene, and transparency across hotels, restaurants, and other food service providers in the state.