News for 'Custom'

RBI Caps Fraud Compensation at Rs 25,000

RBI Caps Fraud Compensation at Rs 25,000

Rediff.com25 Jun 2026

Customers must report the fraud both to their bank and to the National Cyber Crime Reporting Portal or Helpline 1930 within five calendar days of the occurrence of the fraudulent transaction.

Electrifying! Olectra first co to deploy 4,000 e-buses in India

Electrifying! Olectra first co to deploy 4,000 e-buses in India

Rediff.com1 Aug 2026

Olectra Greentech Ltd has become the first company in India to deploy 4,000 electric buses on Indian roads, marking a significant milestone in the country's transition to sustainable public transport and reinforcing its leadership in electric mobility.

The Insurance Add-On Every Car Owner Needs This Monsoon

The Insurance Add-On Every Car Owner Needs This Monsoon

Rediff.com7 Aug 2026

Protect your vehicle from the unpredictable monsoon season by understanding essential motor insurance add-ons like Engine Protect and Zero Depreciation, crucial for covering damages from floods, waterlogging, and preventing costly out-of-pocket expenses.

AI could erode India's outsourcing advantage, warns WB report

AI could erode India's outsourcing advantage, warns WB report

Rediff.com5 Aug 2026

Generative artificial intelligence (AI) is beginning to alter hiring patterns in South Asia, with multinational companies (MNCs) and firms integrated into global value chains (GVCs) reducing recruitment more sharply than domestic firms, signalling the technology's early impact on the region's export-oriented services sector, according to the World Bank's World Development Report 2026.

Mumbai Airport Customs Seizes Rs 46 Crore Worth of Contraband

Mumbai Airport Customs Seizes Rs 46 Crore Worth of Contraband

Rediff.com4 Mar 2026

The Mumbai Customs department seized narcotics, foreign currency, gold, and precious stones worth over Rs 46 crore at the Mumbai international airport in a week.

'Manmohan Singh's 1991 Budget Speech Was Freedom Day For Us'

'Manmohan Singh's 1991 Budget Speech Was Freedom Day For Us'

Rediff.com7 Aug 2026

'1991 was an exceptional period in Indian history.' 'A big 400-volt shock was administered to the system, which was required. Today, we are in a much, much better position.'

IndiGo posts Rs 238 crore Q1 net loss due to rising fuel costs, West Asia turbulence

IndiGo posts Rs 238 crore Q1 net loss due to rising fuel costs, West Asia turbulence

Rediff.com23 Jul 2026

IndiGo, India's largest airline, reported a net loss of Rs 238 crore for the June quarter, primarily attributed to a significant surge in fuel prices and operational constraints stemming from the West Asia conflict.

Assam floods toll goes up to 80, over 2.12 lakh affected

Assam floods toll goes up to 80, over 2.12 lakh affected

Rediff.com31 Jul 2026

Assam's flood death toll has risen to 80, with two new fatalities reported from Sivasagar district, as eight districts and over 2.12 lakh people remain affected. The state government has announced a six-month moratorium on loan repayments for flood-affected individuals and is seeking a special support package from the Centre.

How Drones Are Revolutionising Flood Rescue In Gujarat

How Drones Are Revolutionising Flood Rescue In Gujarat

Rediff.com26 Jul 2026

A Mehsana-based startup, Prime UAV, deployed drones to assist in the evacuation of people stranded due to floods in Dholka, Ahmedabad district. The drones provided surveillance, delivered essential supplies, and supported rescue operations in inaccessible areas, complementing efforts by local administration and the Army.

What Your Health Insurance Policy Really Covers -- And The Fine Print You Should Never Ignore

What Your Health Insurance Policy Really Covers -- And The Fine Print You Should Never Ignore

Rediff.com30 Jul 2026

Here's decoding the fine print so that you know exactly what your health insurance policy covers, what it doesn't and the policy conditions that deserve your attention before you need to make a claim.

What made SIAM do a U-turn on E20 fuel within a week?

What made SIAM do a U-turn on E20 fuel within a week?

Rediff.com8 Aug 2026

Why the industry's public position changed is difficult to say. What the developments did establish, though, is that ethanol-blended petrol has become one of the country's most politically and commercially sensitive policy issues.

Lodha Developers targets Rs 10,000 crore from Palava data centre park land sales

Lodha Developers targets Rs 10,000 crore from Palava data centre park land sales

Rediff.com4 Aug 2026

Lodha Developers plans to generate approximately 10,000 crore in sales over the next three to four years by monetising about 150 acres of land at its data centre park in Palava, part of the Mumbai metropolitan region (MMR). This strategy is a planned recurring pillar of their business, funding the build-out of 1 gigawatt of powered shell capacity and aiming for over 2,000 crore in annual rental income by FY32.

Cigarette tax hike impacts ITC's Q1 net profit, down 16.2%

Cigarette tax hike impacts ITC's Q1 net profit, down 16.2%

Rediff.com1 Aug 2026

ITC reported a 16.2 per cent year-on-year drop in consolidated net profit to 4,394.13 crore in Q1 FY27, primarily due to a significant increase in taxes on its cigarette business. Consolidated net revenues also declined by 11.1 per cent to 19,114 crore, missing analyst estimates.

Uff! Priyanka, Isha, Esha And A Melting-With-Love Paris

Uff! Priyanka, Isha, Esha And A Melting-With-Love Paris

Rediff.com14 Jul 2026

Paris Haute Couture Week 2026 saw Indian celebrities and business leaders making stylish appearances across some of fashion's biggest shows.

Maruti Suzuki announces price hike of up to Rs 30,000 across models from August

Maruti Suzuki announces price hike of up to Rs 30,000 across models from August

Rediff.com21 Jul 2026

Maruti Suzuki India will increase the prices of its vehicles by up to Rs 30,000 across all models from August 2026, citing a sustained increase in input costs.

Airtel chairman Sunil Mittal outlines new growth engines: Data Centres, Cloud, and Financial Services

Airtel chairman Sunil Mittal outlines new growth engines: Data Centres, Cloud, and Financial Services

Rediff.com13 Jul 2026

Bharti Airtel is strategically shifting its focus towards data centres, cloud services, and financial services as key drivers for its next phase of growth, leveraging significant past investments in digital infrastructure, as outlined by Chairman Sunil Mittal in the company's Annual Report for 2025-26.

How To Protect Yourself From Online Dark Patterns

How To Protect Yourself From Online Dark Patterns

Rediff.com29 Jun 2026

'Dark patterns exploit human psychology, cognitive biases, urgency, confusion, or lack of attention to increase revenue for digital platforms at the expense of consumer choice and transparency.'

Eligible Manufacturer Importers Scheme, Starting April 1, Will Ease Customs Duty Payments

Eligible Manufacturer Importers Scheme, Starting April 1, Will Ease Customs Duty Payments

Rediff.com1 Mar 2026

The Central Board of Indirect Taxes and Customs (CBIC) announced the implementation of the Eligible Manufacturer Importers (EMI) scheme from April 1, allowing eligible importers to defer customs duty payments.

Honda to add 3,800 jobs, expand capacity to 80 lakh units by 2028

Honda to add 3,800 jobs, expand capacity to 80 lakh units by 2028

Rediff.com9 Jul 2026

Honda Motorcycle & Scooter India (HMSI) plans to create over 3,800 jobs and expand its annual two-wheeler production capacity to 80 lakh units by 2028, reinforcing India's role as a global manufacturing and export hub for Honda.

Ahmedabad's 'Vasudhaiva Kutumbakam' Invitation for 2030 Commonwealth Games

Ahmedabad's 'Vasudhaiva Kutumbakam' Invitation for 2030 Commonwealth Games

Rediff.com3 Aug 2026

India officially launched its bid to host the centenary edition of the Commonwealth Games in Ahmedabad in 2030, presenting a vibrant cultural showcase at the Glasgow closing ceremony that blended ancient philosophy, contemporary artistry, and cultural grandeur.

Should polygamy be declared unconstitutional?: SC asks govt

Should polygamy be declared unconstitutional?: SC asks govt

Rediff.com31 Jul 2026

The Supreme Court has sought the Centre's response on a petition challenging the constitutional validity of polygamy among Muslims, arguing it violates fundamental rights and creates legal asymmetry by exempting Muslim men from bigamy laws applicable to other citizens.

AMD Unveils New AI Products, Forecasts $2 Trillion Compute Market By 2030

AMD Unveils New AI Products, Forecasts $2 Trillion Compute Market By 2030

Rediff.com24 Jul 2026

Global semiconductor giant AMD projects the overall market for compute infrastructure, driven by artificial intelligence, to reach USD 2 trillion by 2030 from USD 365 billion in 2025. The company unveiled new products and its Helios AI infrastructure, emphasising an open ecosystem and significant performance gains over competitors, with India playing a key role in its global rollout.

AMD Unveils New AI Products, Forecasts $2 Trillion Compute Market By 2030

AMD Unveils New AI Products, Forecasts $2 Trillion Compute Market By 2030

Rediff.com24 Jul 2026

Global semiconductor giant AMD projects the overall market for compute infrastructure, driven by artificial intelligence, to reach USD 2 trillion by 2030 from USD 365 billion in 2025. The company unveiled new products and its Helios AI infrastructure, emphasising an open ecosystem and significant performance gains over competitors, with India playing a key role in its global rollout.

Claude AI Now More Accessible With Rupee Pricing In India

Claude AI Now More Accessible With Rupee Pricing In India

Rediff.com14 Jul 2026

Anthropic has introduced Rupee-denominated pricing for its Claude AI assistant in India, making its Pro and Max plans more accessible to one of its largest user communities. This move, alongside the opening of its Bengaluru office and increased revenue, highlights Anthropic's growing focus on the Indian market, a sentiment echoed by rival OpenAI.

ITR Notices Explained: What Every Taxpayer Should Know

ITR Notices Explained: What Every Taxpayer Should Know

Rediff.com3 Aug 2026

'Taxpayers should not ignore any of these notices. Verifying the facts and responding promptly can help resolve issues early and avoid unnecessary litigation.'

Maruti Suzuki's Q1 net profit falls 9% despite sales jump, as West Asia conflict drives up costs

Maruti Suzuki's Q1 net profit falls 9% despite sales jump, as West Asia conflict drives up costs

Rediff.com1 Aug 2026

Maruti Suzuki India (MSIL) reported a 9.1 per cent year-on-year decline in net profit for the April-June quarter of 2026-27, marking its second consecutive quarterly fall. This dip occurred despite a significant 29.3 per cent jump in sales volume, primarily due to escalating commodity prices, increased energy costs, and logistics disruptions stemming from the West Asia conflict.

Sex racket busted at luxury Mumbai hotel, 2 actresses rescued

Sex racket busted at luxury Mumbai hotel, 2 actresses rescued

Rediff.com3 Jul 2026

Mumbai Police's anti-human trafficking cell has busted a prostitution racket operating from a luxury hotel in south Mumbai, rescuing two actresses and arresting a make-up artist who allegedly ran the operation.

Will Budget 2026 Fix The Customs-FTA Disconnect?

Will Budget 2026 Fix The Customs-FTA Disconnect?

Rediff.com31 Jan 2026

Customs regimes can lead to labyrinthine legal disputes. Budget 2026 must recognise that an excessively defensive Customs posture can itself become a trade barrier, point out Mukesh Butani and Shankey Agrawal.

Vijay government may privatise TN's liquor sales to curb graft

Vijay government may privatise TN's liquor sales to curb graft

Rediff.com30 Jul 2026

An intensified DVAC probe into a multi-crore liquor scam, allegedly involving former DMK Minister V Senthil Balaji, has led to a suggestion to privatise retail liquor sales in Tamil Nadu. The investigation targets alleged collusion in TASMAC bar licences, transport tenders, and procurement, with the Madras High Court dismissing Balaji's anticipatory bail plea. The FIR details systemic corruption, significant revenue loss, and illicit fund generation, prompting political reactions.

Can Tekton SUV Bring Nissan Back Into the Big League?

Can Tekton SUV Bring Nissan Back Into the Big League?

Rediff.com11 Jul 2026

Nissan Motor India aims to achieve a fourfold increase in domestic sales, targeting 100,000 units annually, and export another 100,000 vehicles from its Chennai plant by financial year 2027-28 (FY28), marking a significant revival of its presence in the Indian passenger vehicle market.

16 Indians killed in Middle East conflict this year, 75 injured: Govt

16 Indians killed in Middle East conflict this year, 75 injured: Govt

Rediff.com31 Jul 2026

Since the outbreak of conflict in the Middle East, 16 Indian nationals, including 10 seafarers, have lost their lives, and 75 have been injured. Separately, 30 Indian nationals were among 52 individuals arrested and deported by US Border Patrol during 'Operation Checkmate' for allegedly being in the United States illegally.

HP India resellers fined Rs 142 crore by CCI for cartelisation, bid rigging

HP India resellers fined Rs 142 crore by CCI for cartelisation, bid rigging

Rediff.com14 Jul 2026

The Competition Commission of India (CCI) has imposed a total penalty of approximately Rs 142.37 crore on HP India Sales Private Limited and several of its resellers for engaging in cartelisation and bid rigging on the Government e-Marketplace (GeM).

Why Such Fuss About Tata Sons Listing!

Why Such Fuss About Tata Sons Listing!

Rediff.com14 Jul 2026

In essence, Tata Sons will continue to be a CIC, whether registered or unregistered. It will have to follow the 90:60 principle.
If it qualifies as belonging to the upper layer, public listing will be one of the regulatory requirements. However, if it qualifies as 'unregistered CIC', it will escape from prudential regulation, explains Tamal Bandyopadhyay.

Doctor's E20 Petrol Car Ordeal: 'I've Lost Faith In Maruti'

Doctor's E20 Petrol Car Ordeal: 'I've Lost Faith In Maruti'

Rediff.com20 Jul 2026

'I am now driving an electric vehicle. I have lost faith in petrol-run cars.'

L&T's Q1 profit jumps 14% to Rs 3,926 crore, beating estimates

L&T's Q1 profit jumps 14% to Rs 3,926 crore, beating estimates

Rediff.com29 Jul 2026

Larsen & Toubro (L&T) reported a 14 per cent year-on-year increase in Q1 FY27 profit attributable to owners, reaching Rs 3,926 crore, surpassing analyst estimates, despite facing significant supply-chain disruptions in West Asia.

Trump to reinstate Hormuz blockade, announces 20% toll on ships

Trump to reinstate Hormuz blockade, announces 20% toll on ships

Rediff.com13 Jul 2026

US President Donald Trump announced the 'reinstatement' of an 'Iranian Blockade' in the Strait of Hormuz, stating the US would charge a 20 per cent levy on transiting cargo for providing security, while Iran warned against any US interference, reaffirming its authority over the critical waterway.

Louis Vuitton's World Cup Trophy Trunk Unveiled

Louis Vuitton's World Cup Trophy Trunk Unveiled

Rediff.com17 Jul 2026

Louis Vuitton has once again designed the bespoke trunk for the FIFA World Cup trophy, marking the fifth consecutive tournament. The luxury travel case, featuring a golden V and the brand's monogram, will transport the coveted prize to the New York-New Jersey stadium. This partnership highlights the growing presence of luxury brands in professional sports, with Louis Vuitton also crafting trunks for Formula 1 and Tiffany & Co. for the Super Bowl trophy.

L&T to invest Rs 5,000 crore in EV components, targeting Tier-I supplier status

L&T to invest Rs 5,000 crore in EV components, targeting Tier-I supplier status

Rediff.com30 Jul 2026

Larsen & Toubro (L&T) is investing Rs 5,000 crore over five years to enter the automotive components sector, focusing on electric vehicle (EV) motors, safety systems, and connected-vehicle technologies, aiming to become a Tier-I auto supplier.

10 Questions Every First-Time Health Insurance Buyer Must Ask

10 Questions Every First-Time Health Insurance Buyer Must Ask

Rediff.com7 Jul 2026

The best time to buy health insurance is when you don't think you need it.

Why Rs 5 Lakh Health Cover Falls Short

Why Rs 5 Lakh Health Cover Falls Short

Rediff.com28 Jul 2026

Marriage, childbirth, dependent parents and ageing increase the cover a person needs.