News for 'Customs'

FIFA World Cup 2026 Champions To Receive Bespoke Rings

FIFA World Cup 2026 Champions To Receive Bespoke Rings

Rediff.com17 Jul 2026

For the first time, winners of the FIFA World Cup 2026 will receive bespoke championship rings, a tradition inspired by American sports. These custom-designed rings, featuring the World Cup trophy and team identity, will be awarded to the champions and also made available to fans.

Shiprocket to use IPO funds for AI push, eyes broader merchant operating system

Shiprocket to use IPO funds for AI push, eyes broader merchant operating system

Rediff.com11 Aug 2026

Shiprocket plans to allocate a significant portion of its IPO proceeds towards artificial intelligence (AI), aiming to evolve its e-commerce enablement platform into a comprehensive operating system for merchants, enabling conversational commands and reducing manual tasks.

Willie Walsh assumes charge as IndiGo CEO, eyes global expansion

Willie Walsh assumes charge as IndiGo CEO, eyes global expansion

Rediff.com3 Aug 2026

Willie Walsh, former IATA Director General and CEO of British Airways, has officially taken charge as the CEO of IndiGo, India's largest airline, with a mandate to drive global expansion and operational excellence.

Eternal's Q1 net profit nearly quadruples to Rs 92 crore, driven by Zomato and Blinkit's strong performance

Eternal's Q1 net profit nearly quadruples to Rs 92 crore, driven by Zomato and Blinkit's strong performance

Rediff.com23 Jul 2026

Eternal, the parent company of Zomato and Blinkit, reported a nearly fourfold increase in net profit to 92 crore for Q1FY27, primarily due to operational gains and the strong performance of its quick commerce business, Blinkit.

BPCL Customers Face Charges Over Misappropriated Funds

BPCL Customers Face Charges Over Misappropriated Funds

Rediff.com2 Apr 2026

Seven customers of Bharat Petroleum Corporation Limited (BPCL) in Indore have been booked for allegedly misappropriating over Rs 5.7 crore that was wrongly deposited into their digital wallets. Police are investigating how Rs 129.55 crore was incorrectly credited to around 1,000 BPCL 'Smart Fleet' customers.

Can VinFast Sustain Its Blistering India Start?

Can VinFast Sustain Its Blistering India Start?

Rediff.com5 Aug 2026

VinFast has gone from an unknown brand to India's fifth-largest EV carmaker in just seven months, but its toughest battle is only beginning.

'Don't intimidate me': History-sheeter dares Kerala home minister

'Don't intimidate me': History-sheeter dares Kerala home minister

Rediff.com8 Aug 2026

History-sheeter Arjun Ayanki has publicly challenged Kerala Home Minister Ramesh Chennithala, daring him to reinvestigate a case and warning him against intimidation. This comes as police intensify their search for Ayanki in connection with allegedly threatening a police officer. Ayanki, known for his involvement in a gold smuggling network, has multiple cases against him, including a recent one for his social media post against the minister.

RBI Governor Discusses Future Of Digital Payment Merchant Discount Rate

RBI Governor Discusses Future Of Digital Payment Merchant Discount Rate

Rediff.com5 Aug 2026

RBI Governor Sanjay Malhotra stated it is "premature" to discuss the implementation of Merchant Discount Rate (MDR) for digital payments, advising a "wait-and-watch" approach. He emphasised that investment in public payment infrastructure is necessary and someone must bear the cost, whether through taxes or MDR. The government is currently working on amendments to relevant statutes, and the RBI is focused on strengthening this infrastructure.

US water systems under cyber attack, Iran link probed

US water systems under cyber attack, Iran link probed

Rediff.com1 Aug 2026

Malicious cyber activity has disrupted technology at water and wastewater facilities in at least seven US states, forcing utilities to revert to manual operations, with authorities actively probing whether Iranian-linked hackers are responsible.

Auqib Nabi's Historic Test Call-Up Brings Joy to Kashmir

Auqib Nabi's Historic Test Call-Up Brings Joy to Kashmir

Rediff.com3 Aug 2026

Baramulla-born fast bowler Auqib Nabi has been selected for the Indian Test squad to play against Sri Lanka, replacing an injured Jasprit Bumrah. This marks a historic moment as Nabi becomes the first player from the Kashmir Valley to join India's Test team, following impressive performances in the Ranji Trophy.

Guess The Cost Of Varun Dhawan's Home?

Guess The Cost Of Varun Dhawan's Home?

Rediff.com30 Jul 2026

Varun Dhawan and Natasha Dalal have acquired a sprawling duplex apartment in Mumbai's upscale Juhu area for Rs 86.92 crore.

Former CEO of Ethiopian Airlines Tewolde Gebremariam is new Air India boss

Former CEO of Ethiopian Airlines Tewolde Gebremariam is new Air India boss

Rediff.com6 Aug 2026

Air India has announced the appointment of Tewolde Gebremariam, former CEO of Ethiopian Airlines Group, as its new Managing Director and Chief Executive Officer, replacing Campbell Wilson. This strategic appointment comes as the airline navigates expansion amidst significant challenges.

Meet The Chef Who Swapped Spices For Bowls At The Commonwealth Games

Meet The Chef Who Swapped Spices For Bowls At The Commonwealth Games

Rediff.com25 Jul 2026

Mohammed Ayub Qureshi, a 67-year-old Pakistani chef from Glasgow, represented his country in lawn bowls at the Commonwealth Games, showcasing a unique blend of his culinary passion and sporting dedication. Known as "Chico" in the bowls community and running the popular Alishan Tandoori, Qureshi's story highlights the spirit of the Games and the diverse backgrounds of its athletes.

Injured Jasprit Bumrah Ruled Out Of Sri Lanka Tests; Auqib Nabi Set To Be Named Replacement

Injured Jasprit Bumrah Ruled Out Of Sri Lanka Tests; Auqib Nabi Set To Be Named Replacement

Rediff.com2 Aug 2026

Premier Indian pacer Jasprit Bumrah will miss the upcoming two-Test tour of Sri Lanka due to a persistent knee injury.

Customs Officials Seize Ganja from Bangkok-Delhi Flight

Customs Officials Seize Ganja from Bangkok-Delhi Flight

Rediff.com7 Apr 2026

Customs officials at Indira Gandhi International Airport seized over 2 kg of suspected ganja from a Bangkok-Delhi flight, highlighting ongoing efforts to combat drug smuggling.

Sridhar Vembu On Why AI Is Not Creating New IT Jobs

Sridhar Vembu On Why AI Is Not Creating New IT Jobs

Rediff.com2 Aug 2026

Sridhar Vembu, Zoho Corporation Founder, states that the IT industry is not generating new jobs due to funds being redirected towards the escalating costs of AI and data centre infrastructure. He highlights a structural economic challenge where advanced technology, while making goods affordable, creates income distribution issues and suggests that solutions like Universal Basic Income might gain traction, especially in countries like India.

Lok Sabha passes bill to allow charges on UPI, digital payments

Lok Sabha passes bill to allow charges on UPI, digital payments

Rediff.com6 Aug 2026

The Lok Sabha has passed a Bill to amend the Payment and Settlement Systems Act, 2007, authorising the government to permit banks and service providers to levy charges on UPI and other electronic payment modes. This move aims to create a sustainable revenue model for the digital payments ecosystem, shifting from the current exemption of UPI transactions from such charges.

India's UPI Expands Global Reach With Maldives Integration

India's UPI Expands Global Reach With Maldives Integration

Rediff.com31 Jul 2026

NPCI International Payments Ltd (NIPL) and Maldives Monetary Authority (MMA) have successfully integrated the Maldives' instant payment system 'Favara' with India's Unified Payments Interface (UPI). This enables real-time fund transfers from Maldives to UPI-enabled Indian bank accounts, marking a significant step in cross-border digital financial connectivity and bilateral economic cooperation.

Air India expects 50-60 new planes in 18 months, transformation on track

Air India expects 50-60 new planes in 18 months, transformation on track

Rediff.com20 Jul 2026

Air India Group anticipates the delivery of 50-60 new aircraft within the next 18 months, with its ambitious transformation programme progressing despite global challenges like supply chain issues and geopolitical tensions, according to Chief Commercial Officer Nipun Aggarwal.

Infosys Veteran Ashiss Kumar Dash Appointed CEO Designate, To Succeed Salil Parekh in 2027

Infosys Veteran Ashiss Kumar Dash Appointed CEO Designate, To Succeed Salil Parekh in 2027

Rediff.com23 Jul 2026

Infosys, India's second-largest IT services firm, has appointed company veteran Ashiss Kumar Dash as CEO designate, with the leadership transition scheduled for April 1, 2027, after current CEO Salil Parekh completes his second term.

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.

IT companies risk losing ground to AI-native firms: S&P Global

IT companies risk losing ground to AI-native firms: S&P Global

Rediff.com14 Jul 2026

Indian IT service providers face heightened competition from AI-native firms in the next three years, potentially eroding their revenue base unless they remain competitive and protect recurring businesses, according to a report by S&P Global Ratings.

Washington in flames: Wildfire crisis triggers emergency, mass evacuations

Washington in flames: Wildfire crisis triggers emergency, mass evacuations

Rediff.com2 Aug 2026

Washington Governor Bob Ferguson declared a statewide state of emergency and burn ban Saturday morning as an unprecedented wildfire crisis gripped the region, with active blazes scorching nearly 3,000 acres.

'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.'

Bandhan Bank Introduces Digital PF Payment Service For Businesses

Bandhan Bank Introduces Digital PF Payment Service For Businesses

Rediff.com16 Jul 2026

Bandhan Bank has launched a new digital Provident Fund (PF) payment service, integrated with EPFO, allowing business customers to make statutory PF payments via the bank's internet banking platform. This service aims to streamline payments, optimise cash flows, and ensure timely compliance for businesses.

AI Reshapes IT Campus Hiring

AI Reshapes IT Campus Hiring

Rediff.com30 Jul 2026

'Hiring within IT services firms is going to be very specialised.'

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.

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.

L&T Finance posts strong Q1FY27 results, eyes AI-led growth and gold loan expansion

L&T Finance posts strong Q1FY27 results, eyes AI-led growth and gold loan expansion

Rediff.com23 Jul 2026

L&T Finance reported a robust Q1FY27 with net profit growing 29% year-on-year to 900 crore, driven by strong asset growth and strategic initiatives including accelerating cross-selling, improving productivity, and fostering a technology-first, AI-led culture, alongside significant expansion in gold loans.

How EVTOLs Can Revolutionise India's Medical Logistics

How EVTOLs Can Revolutionise India's Medical Logistics

Rediff.com31 Jul 2026

Air India, SkyDrive, and Suzuki Motor Corporation have signed an initial pact to conduct a joint feasibility study on using electric vertical take-off and landing (eVTOL) aircraft for medical air logistics in India. This collaboration aims to address severe traffic congestion in major Indian cities, which poses challenges for time-critical medical transport, by developing last-mile emergency medical solutions.

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.

Boeing India Teams With Merlinhawk For EO/IR System Support

Boeing India Teams With Merlinhawk For EO/IR System Support

Rediff.com21 Jul 2026

Merlinhawk Aerospace has partnered with Boeing India Defence to provide in-country maintenance, repair, and lifecycle support for advanced Electro-Optical/Infrared (EO/IR) systems on Indian military platforms. This collaboration aims to strengthen local support, reduce turnaround times, and enhance mission readiness for the Indian Navy, aligning with India's self-reliance goals in defence.

Boeing India Teams With Merlinhawk For EO/IR System Support

Boeing India Teams With Merlinhawk For EO/IR System Support

Rediff.com21 Jul 2026

Merlinhawk Aerospace has partnered with Boeing India Defence to provide in-country maintenance, repair, and lifecycle support for advanced Electro-Optical/Infrared (EO/IR) systems on Indian military platforms. This collaboration aims to strengthen local support, reduce turnaround times, and enhance mission readiness for the Indian Navy, aligning with India's self-reliance goals in defence.

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.

How Samsung's New Galaxy Z8 Series Redefines Foldable Smartphone Experience

How Samsung's New Galaxy Z8 Series Redefines Foldable Smartphone Experience

Rediff.com22 Jul 2026

Samsung Electronics has launched its new Galaxy Z8 series, featuring the Z Fold8 Ultra, Z Fold8, and Z Flip8. These foldable smartphones are thinner, lighter, and boast larger displays, AI capabilities, and enhanced durability through new Flex Titanium technology. Indian customers can pre-order the devices soon.

Vote! What Do You Think Of Urvashi Rautela's FIFA World Cup Look?

Vote! What Do You Think Of Urvashi Rautela's FIFA World Cup Look?

Rediff.com22 Jul 2026

While most fans reached for football jerseys, Urvashi Rautela treated the FIFA World Cup 2026 stage like her personal runway, layering couture over sportswear in a look that was bizarre yet bold and unforgettable.

IDBI employees' forum opposes stake sale to Fairfax, seeks review

IDBI employees' forum opposes stake sale to Fairfax, seeks review

Rediff.com20 Jul 2026

The United Forum of IDBI Officers & Employees has voiced "profound concern" over the Centre's reported decision to proceed with the strategic disinvestment of its controlling stake in IDBI Bank to Fairfax Financial Holdings, urging a parliamentary review of the proposed sale.

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.

Delhi Airport Customs Intercept 12.91 Crore Ganja Smuggling Attempt

Delhi Airport Customs Intercept 12.91 Crore Ganja Smuggling Attempt

Rediff.com8 Apr 2026

Customs officials at Indira Gandhi International Airport in Delhi seized suspected ganja worth 12.91 crore from a passenger arriving from Bangkok.

Bengaluru: Delivery man held for barging into woman's washroom, flashing her

Bengaluru: Delivery man held for barging into woman's washroom, flashing her

Rediff.com12 Jul 2026

A Flipkart delivery executive has been arrested in Bengaluru after allegedly making an obscene gesture towards a woman, prompting a police investigation and Flipkart's termination of his engagement.