News for 'Custom'

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.

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.

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

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

Rediff.com27 Aug 2026

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.com27 Aug 2026

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.

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.

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.'

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.

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.

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.

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.

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

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

Rediff.com28 Aug 2026

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.

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.

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.

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.

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.

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.

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.

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.

Nagaland Aims To Adapt Juvenile Justice Act To Local Customs

Nagaland Aims To Adapt Juvenile Justice Act To Local Customs

Rediff.com19 May 2026

Nagaland is seeking to implement the Juvenile Justice Act and Adoption Regulations in a way that respects the state's customary laws and traditional systems of care, while remaining legally sound.

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.

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.

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.'

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 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.

How Paytm's AI And App Simplification Are Fueling UPI Growth And Attracting Gen Z

How Paytm's AI And App Simplification Are Fueling UPI Growth And Attracting Gen Z

Rediff.com23 Jul 2026

Mobile payments pioneer Paytm reported significant growth in its UPI payments business for Q1 FY27, driven by app simplification, AI investments, and a focus on attracting Gen Z customers. The company saw a 45% year-on-year increase in Consumer UPI Gross Transaction Value and a rise of 60 lakh in Monthly Transacting Users, outpacing the industry. Paytm's strategy prioritises customer retention and product innovation, leading to a profitable quarter with strong revenue and EBITDA growth, further supported by AI-led operational efficiencies and an India-focused language model.

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.

Customs Officials at Pune Airport Intercept Major Hydroponic Marijuana Shipment

Customs Officials at Pune Airport Intercept Major Hydroponic Marijuana Shipment

Rediff.com29 Mar 2026

Customs officials at Pune International Airport seized a large consignment of hydroponic marijuana, valued at Rs 26.8 crore, that was concealed within boxes labelled as 'Mandarin orange sacs' arriving from Bangkok.

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.

RBI Ombudsman Can Award Compensation Of Up To 30 Lakh For Financial Loss

RBI Ombudsman Can Award Compensation Of Up To 30 Lakh For Financial Loss

Rediff.com18 Jul 2026

...and 3 lakh for harassment.

Apple achieves record June quarter revenue, but faces challenges

Apple achieves record June quarter revenue, but faces challenges

Rediff.com31 Jul 2026

Tech giant Apple reported a record June quarter revenue of USD 109.4 billion, a 16 per cent year-on-year increase, with significant double-digit growth in emerging markets like India. However, the company anticipates business risks in the coming quarters due to rising memory chip prices and ongoing supply constraints.

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.

GMR Aero Technic And Honeywell Aerospace Collaborate To Boost LEAP Engine MRO In India

GMR Aero Technic And Honeywell Aerospace Collaborate To Boost LEAP Engine MRO In India

Rediff.com28 Jul 2026

GMR Aero Technic has signed a license agreement with Honeywell Aerospace to provide maintenance, repair, and overhaul (MRO) services for LEAP engine line replaceable units (LRUs). This partnership will enhance MRO capabilities for Airbus A320neo and Boeing 737 MAX aircraft in India, leveraging Honeywell's technology and GMR's infrastructure to offer efficient and cost-effective solutions for regional airlines.

Andhra Pradesh, PNB Launch Quantum Finance Hub For Banking Innovation

Andhra Pradesh, PNB Launch Quantum Finance Hub For Banking Innovation

Rediff.com23 Jul 2026

Andhra Pradesh and Punjab National Bank (PNB) have signed an MoU to establish the PNB Quantum Finance Hub at Amaravati Quantum Valley. This initiative aims to foster innovation and adopt next-generation technologies like AI and Quantum Computing in the banking sector, focusing on cybersecurity, fraud detection, and customer experience.

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.

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.

Claude AI Gets India Data Residency

Claude AI Gets India Data Residency

Rediff.com4 Aug 2026

The move comes amid growing demand from organisations in India for local access to Claude.

JLR India gets FTA boost, Q1 sales soar 11 percent

JLR India gets FTA boost, Q1 sales soar 11 percent

Rediff.com29 Jul 2026

Jaguar Land Rover (JLR) India reported its highest-ever first-quarter retail sales for FY27, with 1,665 vehicles retailed, an 11 per cent year-on-year increase, largely due to sustained demand for premium SUVs and the benefits of the India-UK Free Trade Agreement.

UPI and Card Payments Simplify Customs Duty on ICEGATE

UPI and Card Payments Simplify Customs Duty on ICEGATE

Rediff.com25 Mar 2026

The Central Board of Indirect Taxes and Customs (CBIC) has enabled UPI, debit, and credit card payments for Customs duty on the ICEGATE portal, enhancing ease of doing business for importers and exporters.

Customs Busts Bhutan Car Smuggling Racket, Arrests Five

Customs Busts Bhutan Car Smuggling Racket, Arrests Five

Rediff.com7 Mar 2026

Indian Customs officials have arrested five individuals from West Bengal and Assam for their involvement in smuggling high-end used cars from Bhutan. The investigation revealed a widespread network of forged documents and illegal vehicle registrations.