News for 'Customs department'

Beware of Chinese honey!

Beware of Chinese honey!

Rediff.com26 Dec 2020

Chinese companies have 'designed' the sugar syrup which is used to adulterate honey so that it can pass Indian laboratory tests, reveals Sunita Narain.

Family of 4 Indians freezes to death along US-Canada border

Family of 4 Indians freezes to death along US-Canada border

Rediff.com22 Jan 2022

The Manitoba Royal Canadian Mounted Police (RCMP) on Thursday said that the bodies of four people -- two adults, a teen and an infant -- were found on the Canadian side of the US-Canada border near Emerson.

Covid leaves Surat's textile mills in tatters

Covid leaves Surat's textile mills in tatters

Rediff.com12 Jul 2021

Since he lives locally, Harish Patel is one of the luckier migrant workers in Surat - in that his employer was able to squeeze in a single shift for him at the weaving unit in Kamrej in Gujarat - unlike others who went home for Holi and other festivals just as the second wave of the Covid-19 pandemic was waxing and ended up stranded in local lockdowns.

GST impact: Gold import surge from South Korea alarms govt

GST impact: Gold import surge from South Korea alarms govt

Rediff.com9 Aug 2017

Steps such as safeguard duty in the works to plug the route

Coronavirus: India mulls imposing duties on Chinese imports

Coronavirus: India mulls imposing duties on Chinese imports

Rediff.com1 Mar 2020

The issue is set to be discussed early next week as the commerce department meets with industry bodies to discuss the widening supply gap for key imports.

Coronavirus scare: Manufacturers, retailers flock to offices of ministries

Coronavirus scare: Manufacturers, retailers flock to offices of ministries

Rediff.com21 Feb 2020

From the rollback of customs duty on key electronic components to fast tracking delivery of goods imported from China, players are looking for incentives on several counts.

If Voda Idea shuts shop, Airtel to gain the most

If Voda Idea shuts shop, Airtel to gain the most

Rediff.com11 Dec 2019

If Vodafone Idea shuts, a bulk of the high-paying ARPU customers will move to Airtel as Reliance Jio does not have a comprehensive postpaid offering like it, and have aggressively preferred to play in the prepaid market. The bulk of Vodafone Idea customers use 2G phones and only a few of them use data. It will be easier for Airtel to woo these customers as they can shift seamlessly to its 2G network without changing handsets or even SIM cards,

Ask Anil: Your Tax Queries Answered

Ask Anil: Your Tax Queries Answered

Rediff.com4 Feb 2021

Anil Rego, CEO, Right Horizons, answers your personal income tax queries.

Covid impact: Bank unions urge IBA for restriction in services

Covid impact: Bank unions urge IBA for restriction in services

Rediff.com22 Apr 2021

The unions also made a case for introduction of cluster or hub banking, identifying few branches of each bank in each locality so as to enable bank employees to work on rotation.

Gold monetisation scheme: What you must know

Gold monetisation scheme: What you must know

Rediff.com11 Feb 2021

Banks and friendly neighbourhood jewellers can serve as good channels to provide liquidity for gold deposits with built-in incentives for them, suggests Harsh Roongta.

How did Pandemic Affect Bank Deposits?

How did Pandemic Affect Bank Deposits?

Rediff.com27 Aug 2021

The correlation between withdrawal of deposits and the Covid death rate is stark, reveals Tamal Bandyopadhyay.

HDFC Bank, SBI, others not adhering to bulk SMS' norms

HDFC Bank, SBI, others not adhering to bulk SMS' norms

Rediff.com26 Mar 2021

The telecom regulator on Friday released a list of 40 "defaulter" principal entities, including large banks like HDFC Bank, SBI and ICICI Bank, that are not fulfilling the regulatory norms on bulk commercial messages despite repeated reminders. Hardening its stance on the issue, the Telecom Regulatory Authority of India (TRAI) warned that defaulting entities should comply with the stipulated requirements by March 31, 2021 "to avoid any disruption in the communication with customers" from April 1, 2021. "As sufficient opportunity has been given to principal entities/ telemarketers to comply with the regulatory requirements and that the consumers cannot be deprived of the benefits of the regulatory provisions any further, therefore it has been decided that from April 1, 2021, any message failing in the scrubbing process due to non-compliance of regulatory requirements will be rejected" by the system, TRAI said in a statement.

Maha: Aurangabad to seize autos if drivers not vaxed even once

Maha: Aurangabad to seize autos if drivers not vaxed even once

Rediff.com23 Nov 2021

In a bid to ramp up anti-COVID-19 vaccination coverage in Maharashtra's Aurangabad district, authorities have ordered impounding of autorickshaws if their drivers are found to have not taken even a single jab.

Time For RBI To Change Penalty Rules

Time For RBI To Change Penalty Rules

Rediff.com11 Nov 2021

Penalty must act as a deterrent. If it is too low, it could encourage the regulated entities to lap up penalty instead of complying with the norms, suggests Tamal Bandyopadhyay.

Shopping in the times of coronavirus

Shopping in the times of coronavirus

Rediff.com17 Mar 2020

Shoppers around the world stood in long lines, waiting to buy essentials like toilet paper, pasta, bottled water, medicine and masks as a worsening coronavirus crisis stoked fears of shortages.

Thai Premier refuses to resign as protesters block key roads

Thai Premier refuses to resign as protesters block key roads

Rediff.com14 Jan 2014

Thai protesters threatened to take Prime Minister Yingluck Shinwatra into "custody" and marched on several state buildings on the second day of a shutdown of Bangkok to force her to resign even as the embattled Premier rejected their demands to quit.

Draft ecommerce policy to ensure goods sold online meet standards

Draft ecommerce policy to ensure goods sold online meet standards

Rediff.com15 Mar 2021

Conformity assessment procedures will be put in place to verify that goods and services sold on e-commerce platforms meet required standards and technical regulations, according to the draft e-commerce policy. The policy, which is under discussion, also stated that actions and things which cannot be done by the online platform entities "can also not be done" by any of its associates and related parties. Government may, from time to time, notify parties which fall in the definition of associates and related parties, it said.

Green signal for 5G trials but Chinese vendors kept out

Green signal for 5G trials but Chinese vendors kept out

Rediff.com5 May 2021

The Department of Telecom on Tuesday approved applications of telecom companies -- Reliance Jio, Bharti Airtel, Vodafone Idea and MTNL -- for conducting 5G trials but none of them will be using technologies of Chinese entities. The list of telecom gear makers approved for trials include Ericsson, Nokia, Samsung, C-DOT and Reliance Jio's indigenously developed technologies.

RBI may introduce quota system for gold importers

RBI may introduce quota system for gold importers

Rediff.com2 Dec 2014

Import in the first nine months of the current calendar year fell 20 per cent to 525 tonnes from 658 tonnes in the year-ago period.

India's personal data protection bill may threaten innovation, growth: USTR

India's personal data protection bill may threaten innovation, growth: USTR

Rediff.com29 Apr 2022

The US on Thursday raised concerns over India's Personal Data Protection (PDP) Bill and draft non-personal data governance framework, claiming these could potentially threaten innovation and economic growth. In its latest 'Special 301' Report, the US Trade Representative (USTR) kept India on the priority watch list, maintaining the country remains one of the world's most challenging major economies with respect to protection and enforcement of intellectual property (IP). In December 2021, a joint parliamentary committee released a report recommending changes to the PDP Bill, 2019, that could undermine important IP protections in India.

India's October gold imports seen picking up sharply

India's October gold imports seen picking up sharply

Rediff.com2 Oct 2013

Imports of gold virtually stopped since July 22 after confusion on the new import rules.

Visit A Doc Frequently? Opt For OPD Cover

Visit A Doc Frequently? Opt For OPD Cover

Rediff.com19 Apr 2022

Most traditional health insurance plans didn't cover the cost of such treatments earlier, but several recently launched policies do offer such coverage -- some as a rider, and a few as standalone covers, points out Sarbajeet K Sen.

Solar plane's journey gets stuck in red tape

Solar plane's journey gets stuck in red tape

Rediff.com18 Mar 2015

Solar plane's journey gets stuck in red tape.

How the mega banks' merger will affect you

How the mega banks' merger will affect you

Rediff.com31 Aug 2019

Here's how the move will affect the banks' customers.

Power crisis: Lessons India can learn from China

Power crisis: Lessons India can learn from China

Rediff.com20 Oct 2021

China on Tuesday announced a major policy change for its crisis-ridden power sector by allowing coal-fired power plants to charge their industrial and commercial customers market-driven prices. The National Development and Reform Commission (NDRC) of China said the electricity generated by coal-fired plants would discover price in market trading "in an orderly manner" from October 15. This is being done to pass on the high costs of coal and is being held up as the boldest reform in the Chinese power sector.

Gold smuggling case: Cong to bring no-confidence motion against Kerala govt

Gold smuggling case: Cong to bring no-confidence motion against Kerala govt

Rediff.com13 Jul 2020

UDF convener Benni Behanan said the Front has also decided to move a resolution against Speaker P Sreeramakrishnan and seek his resignation.

'Why can't they catch the big thief?'

'Why can't they catch the big thief?'

Rediff.com19 Aug 2021

'What the RBI is doing is trying to catch the mouse when they have to catch the tiger.'

Taxmen to receive a mystic touch

Taxmen to receive a mystic touch

Rediff.com29 Aug 2017

Apart from Modi, Jaggi Vasudev to address 2-day tax officers' conference

Planned after Mumbai terror attack, Modi likely to launch NATGRID soon

Planned after Mumbai terror attack, Modi likely to launch NATGRID soon

Rediff.com12 Sep 2021

"Had corona (COVID-19) not been there, the prime minister would have dedicated NATGRID to the country. I am hopeful that the prime minister will dedicate NATGRID to the country in some time," Union home minister Amit Shah said during the 51st Foundation Day event of the Bureau of Police Research and Development (BPRD) here on September 4.

4G internet restored in 2 J-K districts after more than a year

4G internet restored in 2 J-K districts after more than a year

Rediff.com16 Aug 2020

The resumption of 4G Internet services on mobile devices came days after the Centre had informed the Supreme Court that a special committee looking into the matter was considering allowing the facility on a trial basis in two districts of the Union Territory.

Missing Delhi elephant, found after 2 months

Missing Delhi elephant, found after 2 months

Rediff.com18 Sep 2019

The elephant, Laxmi, was traced to Yamuna Khadar area. Its mahout, Saddam, has been arrested

LVB to become DBS Bank India from Nov 27; Rs 25,000 withdrawal restriction to go

LVB to become DBS Bank India from Nov 27; Rs 25,000 withdrawal restriction to go

Rediff.com25 Nov 2020

The Reserve Bank on Wednesday said the amalgamation of Lakshmi Vilas Bank with DBS Bank India will come into force from November 27 and the moratorium imposed on the crisis-ridden lender will be removed on that day. The RBI issued the statement within hours of the Cabinet clearing the Scheme of Amalgamation of Lakshmi Vilas Bank Limited (LVB) with DBS Bank India Limited (DBIL).

Cabinet okays 9 telecom reforms: 100% FDI, 4-year stay on dues and more

Cabinet okays 9 telecom reforms: 100% FDI, 4-year stay on dues and more

Rediff.com15 Sep 2021

In big bang reforms, the Union Cabinet on Wednesday approved a relief package for the telecom sector that includes a four-year moratorium on payment of statutory dues by telecom companies as well as allowing 100 per cent foreign investment through the automatic route. Briefing reporters on the decisions taken by the Cabinet, Telecom Minister Ashwini Vaishnav said nine structural reforms for the telecom sector were approved. The definition of AGR, which had been a major reason for the stress in the sector, has been rationalised by excluding non-telecom revenue of telecom companies.

Nykaa's Falguni Nayar: UNAFRAID To Take Risks

Nykaa's Falguni Nayar: UNAFRAID To Take Risks

Rediff.com28 Oct 2021

Beauty, Nykaa's founder Falguni Nayar realised, is a very long-tailed business and with e-commerce picking up in India, it seemed like a good idea to venture into.

E-com firms want govt to 'tweak' existing export policies

E-com firms want govt to 'tweak' existing export policies

Rediff.com9 Mar 2021

E-commerce firms and sellers including Amazon and eBay have made recommendations to the government for a differentiated policy framework for e-commerce in the revised Foreign Trade Policy (FTP) which is expected to come into effect from April 1, 2021. This is because the existing policies on exports have catered largely to traditional, offline and business-to-business exports. Suggestions have been made to the government that through the FTP, it is important to create a conducive policy framework for e-commerce exports that lowers the entry barrier for small businesses to start exporting, according to the industry sources.

Ola banned in K'taka for 6 months for violating norms

Ola banned in K'taka for 6 months for violating norms

Rediff.com23 Mar 2019

The state government says Ola was using its existing cab aggregator licence to promote bike taxi services.

Exports may dip 5.8%, imports by 11.3% in H2 of 2020-21: Survey

Exports may dip 5.8%, imports by 11.3% in H2 of 2020-21: Survey

Rediff.com29 Jan 2021

The country's exports are expected to contract by 5.8 per cent and imports by 11.3 per cent during the second half of the current financial year, though implementation of several measures by the government would help support exports going forward, according to the Economic Survey 2021. With gradual recovery of economic activities, the survey said that imports and exports have picked up. During the first half of 2020-21 (April-September), exports dipped by 21.31 per cent to $125.25 billion while imports declined by 40 per cent to $148.69 billion.

Tamil Nadu announces 'total lockdown' from May 10 to 24

Tamil Nadu announces 'total lockdown' from May 10 to 24

Rediff.com8 May 2021

With Tamil Nadu witnessing a sharp increase in the covid-19 cases, the government on Saturday announced clamping a two-week 'total lockdown' across the state to curb the spread of the pandemic.

I-T dept to share PAN, bank details with 10 intel agencies

I-T dept to share PAN, bank details with 10 intel agencies

Rediff.com24 Jul 2020

The income tax department will share PAN and bank account details of any entity with 10 investigative and intelligence agencies, including the CBI and NIA, under the integrated counter-terrorism platform NATGRID, according to an official order.