News for 'Customs'

Banks Advised To Use RBI's AI Tool To Combat Cyber Fraud

Banks Advised To Use RBI's AI Tool To Combat Cyber Fraud

Rediff.com30 Apr 2026

Financial Services Secretary M Nagaraju has urged banks to adopt the MuleHunter AI tool developed by RBI to identify and prevent mule accounts used in cyber financial frauds. The meeting also discussed 'Operation Octopus' by Hyderabad Police and emphasised coordinated efforts and intelligence sharing.

Rs 5.7 Crore Looted From Bank In Madhya Pradesh

Rs 5.7 Crore Looted From Bank In Madhya Pradesh

Rediff.com18 Apr 2026

Five masked gunmen robbed a Bank of Maharashtra branch in Singrauli, Madhya Pradesh, stealing gold and cash worth Rs 5.7 crore. One suspect has been arrested in Bihar.

Djokovic begins quest for 25th Grand Slam crown at French Open

Djokovic begins quest for 25th Grand Slam crown at French Open

Rediff.com24 May 2026

Novak Djokovic begins his quest for a record-extending 25th Grand Slam title at the French Open, while Alexander Zverev hopes to finally break through and win his first major. The tournament starts amid tensions over prize money and player influence.

Bengaluru Airport: Passengers Arrested With Ganja Worth Crores

Bengaluru Airport: Passengers Arrested With Ganja Worth Crores

Rediff.com6 May 2026

Three passengers arriving from Bangkok at Bengaluru's Kempegowda International Airport were arrested for possessing hydroponic ganja valued at Rs 4.53 crore. The arrests were made under the NDPS Act, and further investigation is underway.

How Deepfake Video Duped Belagavi Man Of Rs 7.9 Lakh

How Deepfake Video Duped Belagavi Man Of Rs 7.9 Lakh

Rediff.com6 May 2026

A 76-year-old man in Belagavi was allegedly cheated of Rs 7.9 lakh in an online investment scam that used an AI-generated deepfake video misusing the name of Finance Minister Nirmala Sitharaman to lure investors.

Delhi Police Bust Cyber Fraud Ring, Arrest Two

Delhi Police Bust Cyber Fraud Ring, Arrest Two

Rediff.com19 May 2026

Delhi Police have dismantled a cyber fraud racket involving malicious mobile applications, arresting two individuals, including the alleged mastermind from Uttar Pradesh. The accused developed and supplied 'FUD' APK files to cyber fraudsters across the country, enabling them to gain remote access to victims' phones and siphon off money.

Thousands join Prateek Yadav's funeral procession in Lucknow

Thousands join Prateek Yadav's funeral procession in Lucknow

Rediff.com14 May 2026

The funeral of Prateek Yadav, son of Samajwadi Party founder Mulayam Singh Yadav, took place in Lucknow with thousands of supporters in attendance. Family members and political figures paid their respects.

Tesla drives in YL, its 2nd model in India, plans to bring humanoid robot Optimus to India

Tesla drives in YL, its 2nd model in India, plans to bring humanoid robot Optimus to India

Rediff.com22 Apr 2026

Tesla has launched its second model in India, the three-row six-seater SUV Model YL, priced at Rs 61.99 lakh, while also announcing plans to expand its service and body shop network across major Indian cities. The company is also considering bringing its humanoid robot Optimus and vertically integrated energy solutions business to India at an appropriate time.

Punjabi Devils Founder Jailed For Firearms Offences

Punjabi Devils Founder Jailed For Firearms Offences

Rediff.com15 May 2026

Jashanpreet Singh, the founder of the 'Punjabi Devils' motorcycle gang, has been sentenced to over five years in prison in the US for unlawful dealing of firearms and possession of a machine gun.

Mumbai Police Nab Two With Heroin Worth Rs 3.82 Crore

Mumbai Police Nab Two With Heroin Worth Rs 3.82 Crore

Rediff.com11 May 2026

Mumbai police arrested two men from Uttarakhand for allegedly possessing heroin worth Rs 3.82 crore in the western suburbs. The Anti-Narcotics Cell's Kandivali unit seized 765 gm of heroin from an apartment in Versova, Andheri. The accused were couriers for a large drug syndicate operating out of north India and have been booked under the NDPS Act.

Power bank catches fire in IndiGo plane at Chandigarh airport; all evacuated

Power bank catches fire in IndiGo plane at Chandigarh airport; all evacuated

Rediff.com5 May 2026

An IndiGo flight was evacuated at Chandigarh airport after a passenger's power bank caught fire. All passengers and crew were safely evacuated, and no major injuries were reported.

HDFC Bank Must Refund Fraud Victim, Rules Bombay High Court

HDFC Bank Must Refund Fraud Victim, Rules Bombay High Court

Rediff.com10 Apr 2026

The Bombay High Court has directed HDFC Bank to refund Rs 38 lakh to a Pune businessman who lost the amount in a digital fraud, citing the account holder's lack of fault and RBI guidelines on customer protection.

4 Reasons Why Market Recovered After March Crash

4 Reasons Why Market Recovered After March Crash

Rediff.com22 May 2026

'Once the market decides it wants to go up, it goes up -- no amount of bad news can really hold it back.'

Paytm Turns Profitable, Focuses On AI Integration

Paytm Turns Profitable, Focuses On AI Integration

Rediff.com7 May 2026

Fintech giant Paytm reports a consolidated profit of Rs 183 crore in Q4 FY26, marking a significant turnaround driven by its core payments business, growth in loans, and consumer-side profitability. The company is also prioritising investments in AI and has ruled out applying for an NBFC licence.

How TCS Is Building The 'Infrastructure Of Intelligence'

How TCS Is Building The 'Infrastructure Of Intelligence'

Rediff.com16 May 2026

Tata Consultancy Services (TCS) is focusing on building AI infrastructure, including India's first AI-focused data centre, as AI becomes a core operating foundation for enterprises globally.

Everyday Glam: Malini Roy Never Looks Dull At Work!

Everyday Glam: Malini Roy Never Looks Dull At Work!

Rediff.com15 May 2026

Who says office wear has to be dull? Malini Roy proves that workwear can be stylish, elegant, and full of personality.

Meta, LinkedIn Announce Major Job Cuts Amid AI Restructuring Push

Meta, LinkedIn Announce Major Job Cuts Amid AI Restructuring Push

Rediff.com20 May 2026

Major US technology companies, Meta and LinkedIn, are undergoing significant workforce restructuring, with Meta planning to lay off 8,000 employees while shifting 7,000 into AI-focused roles, and LinkedIn cutting over 600 jobs across various departments.

Two Indians Arrested At Delhi Airport For Smuggling Marijuana

Two Indians Arrested At Delhi Airport For Smuggling Marijuana

Rediff.com7 May 2026

Customs officers at Delhi's Indira Gandhi International Airport have arrested two Indian passengers for allegedly smuggling suspected marijuana worth nearly Rs 9 crore from Vietnam.

Isha Ambani And Manish Malhotra Take Over NYC

Isha Ambani And Manish Malhotra Take Over NYC

Rediff.com4 May 2026

At the Vogue Met Gala pre-party held in New York City, Isha Ambani and Manish Malhotra served a masterclass in how to take Indian craftsmanship global without losing its soul.

Shooting In Pune Salon Injures Two; Police Investigate

Shooting In Pune Salon Injures Two; Police Investigate

Rediff.com24 Apr 2026

Two individuals sustained injuries after a shooting incident occurred in a salon in Pune's Warje area. Police have detained one suspect and are searching for others involved in the attack, which stemmed from a prior dispute.

IndiGo moves Delhi HC seeking Rs 900 crore Customs duty refund

IndiGo moves Delhi HC seeking Rs 900 crore Customs duty refund

Rediff.com13 Dec 2025

InterGlobe Aviation, the operator of IndiGo, has approached the Delhi high court seeking a refund of over Rs 900 crore it claims to have paid as Customs duty on aircraft engines and parts re-imported into India after overseas repairs. The petition came up for hearing on Friday before a bench of Justices Prathiba M Singh and Shail Jain.

India rules ICE bike exports, but China dominates E2Ws

India rules ICE bike exports, but China dominates E2Ws

Rediff.com19 May 2026

But when it comes to e2W, China is the dominant player and had grabbed over 76 per cent share of total e2W imports in 2025 with brands like Yadea, NIU and Sunra dominating the market.

TaMo PV profit slumps 32% on JLR headwinds

TaMo PV profit slumps 32% on JLR headwinds

Rediff.com15 May 2026

Tata Motors' MD and CEO, Girish Wagh, has identified rising diesel prices as the most significant threat to India's commercial vehicle (CV) industry recovery, despite the sector recently surpassing its pre-FY19 wholesale peak. Diesel costs account for 25-50% of a truck operator's total cost of ownership, making any increase a critical concern for fleet economics.

Camila Mendes And Dwayne 'The Rock' Johnson Are Manish Malhotra's Muses At The Met

Camila Mendes And Dwayne 'The Rock' Johnson Are Manish Malhotra's Muses At The Met

Rediff.com6 May 2026

At the Met Gala 2026, Manish Malhotra had both Camila Mendes and Dwayne Johnson (The Rock), wear his creations and then he showed up himself and stole the show!

LIC unveils MyLIC and Super Sales Saathi apps for digital transformation

LIC unveils MyLIC and Super Sales Saathi apps for digital transformation

Rediff.com16 Apr 2026

Life Insurance Corporation (LIC) has launched two new mobile applications, MyLIC for policyholders and Super Sales Saathi for its sales intermediaries, aiming to enhance digital agility and cater to the younger generation's needs. The apps, part of LIC's DIVE digital transformation platform, offer features like policy management, premium payments, and personalised recommendations.

And That's What Natasha Poonawalla Wore To The Met Gala 2026

And That's What Natasha Poonawalla Wore To The Met Gala 2026

Rediff.com5 May 2026

Natasha Poonawalla made a striking appearance at the Met Gala 2026, wearing a sculptural creation by Marc Quinn and a custom couture ensemble by Dolce & Gabbana.

How TCS Plans To Become The Top AI Services Firm

How TCS Plans To Become The Top AI Services Firm

Rediff.com16 May 2026

TCS, India's largest IT firm, is aiming to become the world's leading AI-led technology services company. CEO K Krithivasan highlights the company's strategy, including upskilling its workforce and executing nation-scale projects in India.

Sheffield University Backs Greener Aviation With Sustainable Fuel Testing

Sheffield University Backs Greener Aviation With Sustainable Fuel Testing

Rediff.com20 May 2026

The University of Sheffield has announced a major milestone in the push for greener aviation as it produces its first report from testing a new sustainable aviation fuel (SAF). The research is helping support the faster rollout of low-carbon jet fuels.

Banks On Alert Over AI Security Risks

Banks On Alert Over AI Security Risks

Rediff.com23 Apr 2026

Finance Minister Nirmala Sitharaman met with bank heads to discuss risks related to Artificial Intelligence (AI) following global concerns over Anthropic's Mythos model and its potential threat to financial systems' data security.

Banks On Alert As AI Model Threatens Data Security

Banks On Alert As AI Model Threatens Data Security

Rediff.com23 Apr 2026

Finance Minister Nirmala Sitharaman met with bank heads to discuss risks related to Artificial Intelligence (AI) following global concerns over Anthropic's Mythos model threatening data security of financial systems.

Interstate Gang Busted In Telangana Jewellery Heist Case

Interstate Gang Busted In Telangana Jewellery Heist Case

Rediff.com14 May 2026

Police in Telangana have arrested three members of an interstate gang in connection with a major jewellery heist in Karimnagar city. The gang, guided by a jailed handler, stole gold and diamond ornaments worth Rs 82.02 lakh after injuring four employees.

RBI Cancels Paytm Payments Bank Licence: What it Means for Depositors

RBI Cancels Paytm Payments Bank Licence: What it Means for Depositors

Rediff.com24 Apr 2026

The Reserve Bank of India (RBI) has cancelled the banking licence of Paytm Payments Bank, citing that the bank's affairs were conducted in a manner detrimental to the interests of the bank and its depositors, and its management was prejudicial to public interest.

AI Search Reshapes Google's Future

AI Search Reshapes Google's Future

Rediff.com21 May 2026

Google's AI Search marks a shift from information discovery to information delivery.

Aligarh Police Bust Interstate Gang Trafficking Illegal Firearms

Aligarh Police Bust Interstate Gang Trafficking Illegal Firearms

Rediff.com8 May 2026

Aligarh police arrested twelve members of an interstate gang allegedly involved in trafficking illicit country-made firearms from the ruins of an old fort on the outskirts of Aligarh.

What Satya Nadella's Leadership Style Teaches Us

What Satya Nadella's Leadership Style Teaches Us

Rediff.com20 May 2026

A leader can spend authority on themselves -- on appearing decisive, on appearing in control, on appearing irreplaceable. Or they can spend it on the people around them -- on giving them the ball back, on creating conditions in which other people's confidence and capability can grow. Over a long enough horizon, the second compounds in a way the first never does. And that's exactly what Microsoft Chairman and CEO Satya Nadella has done.

'Target is to open 80 branches every year for next few years'

'Target is to open 80 branches every year for next few years'

Rediff.com29 Apr 2026

Best in class asset quality, strong retail granularity, and a sustainable return ratio -- these are the things we will look at, says Yes Bank's new MD and CEO Vinay Tonse.

Indian Banks Discuss AI Security Risks After Global Concerns

Indian Banks Discuss AI Security Risks After Global Concerns

Rediff.com23 Apr 2026

Finance Minister Nirmala Sitharaman met with bank heads to discuss the risks associated with Artificial Intelligence (AI) following global concerns about Anthropic's Mythos model and its potential threat to financial systems' data security.

Caretaker Found Dead: Concerns Over Minority Safety In Bangladesh

Caretaker Found Dead: Concerns Over Minority Safety In Bangladesh

Rediff.com26 Apr 2026

A Hindu temple caretaker was found dead in Bangladesh, sparking outrage and demands for justice from minority groups. The caretaker had been missing for three days before his body was discovered.

Why Thane Court Acquitted Five In Trafficking Case

Why Thane Court Acquitted Five In Trafficking Case

Rediff.com23 Apr 2026

A Thane court acquitted five men charged with human trafficking and running a flesh trade, citing critical failures in the prosecution's case, including the non-examination of key witnesses and victims.

Titan's Q4: Bullion Demand Fuels Revenue, But Margins Face Headwinds

Titan's Q4: Bullion Demand Fuels Revenue, But Margins Face Headwinds

Rediff.com18 May 2026

Jewellery majors Titan Company and Kalyan Jewellers reported robust Q4 FY26 results, with Titan's consolidated revenue surging 81 per cent year-on-year, largely propelled by a sixfold increase in bullion and digital gold sales. Despite strong top-line growth, Titan's gross and operating profit margins faced pressure due to the higher share of lower-margin gold products and increased marketing expenditure.