News for 'Customs'

Quick Commerce Hits Saturation in Metros, Profitability Challenged

Quick Commerce Hits Saturation in Metros, Profitability Challenged

Rediff.com11 Apr 2026

India's quick-commerce (qcom) industry is facing significant profitability challenges in metro markets due to saturation and intense competition, with the number of dark stores already exceeding profitable capacity, according to a Bernstein report.

EC deploys 432 counting observers across Bengal

EC deploys 432 counting observers across Bengal

Rediff.com3 May 2026

The Election Commission has deployed 432 counting observers across all 294 assembly constituencies in West Bengal to ensure transparent and smooth counting of votes. Several districts have been assigned additional observers in view of their sensitivity and electoral significance. Enforcement agencies have carried out extensive seizure drives during the election period to curb illegal inducements, with total seizures valued at approximately Rs 561 crore.

'We are targeting a combined ratio of around 107% in FY27,': SBI General CEO

'We are targeting a combined ratio of around 107% in FY27,': SBI General CEO

Rediff.com4 May 2026

SBI General Insurance aims to achieve a 10 per cent market share among private and standalone health insurers within approximately five years, up from its current 7.17 per cent, said Naveen Chandra Jha, managing director and chief executive officer, SBI General Insurance.

Police Uncover Sex Racket at Una Dhaba, Rescue Three Women

Police Uncover Sex Racket at Una Dhaba, Rescue Three Women

Rediff.com10 Apr 2026

Police in Una, India, have dismantled a sex racket operating out of a local roadside eatery, rescuing three women and detaining three men.

RBI Suggests Lagged Credit and 'Kill Switch' to Fight Payment Fraud

RBI Suggests Lagged Credit and 'Kill Switch' to Fight Payment Fraud

Rediff.com9 Apr 2026

The Reserve Bank of India (RBI) has proposed new measures to combat financial fraud in digital payments, including lagged credit for authorised push payments and a 'kill switch' for users to disable all digital transactions.

It's Action! Action! Action! On OTT This Week

It's Action! Action! Action! On OTT This Week

Rediff.com8 May 2026

Pump up the adrenalin in an action packed OTT this week. Sukanya Verma lists your options.

When Will Jio Credit Reach AUM Level Of Rs 1 Trillion?

When Will Jio Credit Reach AUM Level Of Rs 1 Trillion?

Rediff.com29 Apr 2026

'We are staying away from making forward-looking statements on when we will reach 1 trillion, etc. But growth will be rapid; it's only a matter of time.'

LIC Offices Open on Tuesday Following Irdai Advisory

LIC Offices Open on Tuesday Following Irdai Advisory

Rediff.com30 Mar 2026

LIC offices will remain open during normal working hours on Tuesday for customer convenience, following an advisory from Irdai. CoinDCX commits to invest in cybersecurity infrastructure, and PayNearby introduces UPI QR-based cash withdrawals.

Realty developers roll out flexible payment plans amid slow sales

Realty developers roll out flexible payment plans amid slow sales

Rediff.com4 May 2026

Real estate developers are increasingly offering flexible payment plans, such as low booking amounts and deferred payments, to stimulate housing sales and manage affordability concerns without resorting to price cuts, as sales volumes declined by 14 per cent in 2025.

Patna Police Recover Stolen Gold, Arrest Three in Robbery Case

Patna Police Recover Stolen Gold, Arrest Three in Robbery Case

Rediff.com10 Apr 2026

Patna police have arrested three individuals and recovered 5.79 kg of stolen gold in connection with a robbery that occurred on April 4 near Danapur railway station. The suspects, posing as customs officials, robbed employees of a firm carrying 14.9 kg of gold.

India's Smaller Cities Pop Corks: Champagne Demand Spreads Beyond Metros

India's Smaller Cities Pop Corks: Champagne Demand Spreads Beyond Metros

Rediff.com1 May 2026

Champagne consumption in India is expanding beyond major metropolitan areas into smaller cities like Kanpur, Guwahati, and Lucknow, driven by a desire for sophisticated lifestyle declarations and a growing appreciation for the beverage.

How Mizoram Police Rescued Women From Trafficking Racket

How Mizoram Police Rescued Women From Trafficking Racket

Rediff.com7 May 2026

Mizoram police, in collaboration with Uttarakhand police, rescued five Mizo women, including two minors, from a sex trafficking racket operating under the guise of a spa in Rudrapur. Six individuals have been arrested, including the alleged mastermind and spa owner.

ISRO to print rocket components with Russian 3D printing machine

ISRO to print rocket components with Russian 3D printing machine

Rediff.com29 Apr 2026

The RusBeam 2800 is now India's largest electron-beam wire deposition 3D printer operating under vacuum. The machine was custom-built for India and is operated with software developed by Rosatom.

Ravi Kumar Chirugudu appointed President and COO of Tessolve

Ravi Kumar Chirugudu appointed President and COO of Tessolve

Rediff.com6 Apr 2026

Semiconductor firm Tessolve has appointed Ravi Kumar Chirugudu as President and Chief Operating Officer (COO).

India Relaxes Import Duties on Key Petrochemicals to Stabilise Supply Chains

India Relaxes Import Duties on Key Petrochemicals to Stabilise Supply Chains

Rediff.com2 Apr 2026

The Indian government has waived customs duty on critical petrochemical products until June 30 to ensure supply stability and provide relief to consumers amid disruptions caused by the crisis in West Asia.

Discovering The Rhythm Of Bhutan

Discovering The Rhythm Of Bhutan

Rediff.com21 Apr 2026

The highlight of our eight-day trip to stunning Bhutan was getting to understand their cultural heritage through their traditional dances.

Chandrasekaran addresses Air India staff, stresses transformation & safety

Chandrasekaran addresses Air India staff, stresses transformation & safety

Rediff.com11 Apr 2026

Tata Sons Chairman N Chandrasekaran addressed Air India employees, acknowledging the airline's challenging phase while reaffirming the Tata Group's commitment to its long-term transformation, focusing on service quality, safety, and operational improvements.

Telangana Jewellery Store Hit By Armed Robbery: What Happened?

Telangana Jewellery Store Hit By Armed Robbery: What Happened?

Rediff.com3 May 2026

Armed men opened fire at a jewellery store in Karimnagar, Telangana, injuring four employees before escaping with gold ornaments. Police have launched a manhunt and are offering a reward for information.

Reliance Power Distances Itself from Former Executive Arrested in Money Laundering Probe

Reliance Power Distances Itself from Former Executive Arrested in Money Laundering Probe

Rediff.com16 Apr 2026

Reliance Power clarifies that Amitabh Jhunjhunwala, arrested in a money laundering case, has not been associated with the group since 2019. The case involves alleged bank loan fraud through Reliance Group companies.

Summer Holiday Travel Insurance: Key Things To Know

Summer Holiday Travel Insurance: Key Things To Know

Rediff.com30 Apr 2026

Understand your travel insurance policy before travelling abroad this summer. This article outlines what travel insurance covers, including trip cancellations, missed connections, and medical emergencies, and what it excludes, such as war-related disruptions and pre-existing conditions.

Why Gold Loan Boom Needs Caution

Why Gold Loan Boom Needs Caution

Rediff.com11 May 2026

Rapid growth in personal gold loans has raised concerns over borrower leverage, large-ticket exposure and volatility in gold prices, points out Swaminathan J, Deputy Governor, Reserve Bank of India.

Thane Court Acquits Woman In Trafficking Case: Here's Why

Thane Court Acquits Woman In Trafficking Case: Here's Why

Rediff.com20 Apr 2026

A Thane court acquitted a 26-year-old woman charged with child trafficking and running a prostitution racket, citing the prosecution's failure to prove she called the alleged victims for the flesh trade.

The Met Gala And Sudha Reddy's Rs 142 Crore Necklace...

The Met Gala And Sudha Reddy's Rs 142 Crore Necklace...

Rediff.com5 May 2026

Billionaire philanthropist Sudha Reddy walked the Met Gala red carpet in a stunning outfit and an even more stunning necklace.

The Met Gala And Sudha Reddy's Rs 142 Crore Necklace...

The Met Gala And Sudha Reddy's Rs 142 Crore Necklace...

Rediff.com5 May 2026

Billionaire philanthropist Sudha Reddy walked the Met Gala red carpet in a stunning outfit and an even more stunning necklace.

Brave Woman Foils Jewellery Theft Attempt In Uttar Pradesh

Brave Woman Foils Jewellery Theft Attempt In Uttar Pradesh

Rediff.com28 Apr 2026

An 18-year-old woman in Uttar Pradesh chased and briefly overpowered a youth who snatched gold jewellery from her family's shop. The incident, captured on CCTV, has been widely shared on social media, highlighting the woman's bravery.

Outrage As Odisha Bank Asks Man To Produce Sister's Skeleton

Outrage As Odisha Bank Asks Man To Produce Sister's Skeleton

Rediff.com28 Apr 2026

A tribal man in Odisha was forced to carry his sister's exhumed skeleton to a bank to withdraw her money, sparking widespread condemnation. The bank claims it only requested valid documents, but the incident has raised questions about the treatment of vulnerable customers.

India-US trade talks end, both sides agree to remain engaged

India-US trade talks end, both sides agree to remain engaged

Rediff.com24 Apr 2026

India and the US have reported positive progress in recent trade talks in Washington, agreeing to maintain engagement to finalise a bilateral trade agreement, which now requires recalibration following new US tariffs.

From Kartrocket To Shiprocket: Journey Of A Unicorn

From Kartrocket To Shiprocket: Journey Of A Unicorn

Rediff.com16 Apr 2026

'More than becoming a unicorn, what truly satisfies us is seeing small businesses grow from Rs 10,000 a month to Rs 20 lakh after joining our platform.'

Two Arrested in Delhi for Posing as Bank Callers in Credit Card Scam

Two Arrested in Delhi for Posing as Bank Callers in Credit Card Scam

Rediff.com13 Apr 2026

Delhi Police have arrested two individuals for allegedly defrauding a man of Rs 2.45 lakh by impersonating bank customer care representatives and fraudulently using his credit card details.

Banks Review Cybersecurity Amid AI Threat Concerns

Banks Review Cybersecurity Amid AI Threat Concerns

Rediff.com23 Apr 2026

Finance Minister Nirmala Sitharaman convened a high-level meeting with bank heads to assess cybersecurity risks linked to advanced AI models, following concerns over Anthropic's Claude Mythos system and its potential impact on financial data security.

'Technology alone won't help win customer's confidence'

'Technology alone won't help win customer's confidence'

Rediff.com31 Oct 2025

The return on investment (RoI) from technologies such as artificial intelligence (AI) will take time to materialise, and the immediate priority should be to increase spending on building governance frameworks around AI, top bank executives said.

L&T reports 3% decline in profit; revenue up 11%

L&T reports 3% decline in profit; revenue up 11%

Rediff.com6 May 2026

Infrastructure major Larsen & Toubro (L&T) reported a 3 per cent year-on-year decline in consolidated net profit for Q4 FY26, reaching 5,325.60 crore, primarily due to exceptional gains in the previous year. Despite this, the company's consolidated order book surged by 28 per cent to 7.4 trillion, with international orders accounting for 52 per cent.

Two Doctors Arrested in Kerala for Hydroponic Cannabis Smuggling

Two Doctors Arrested in Kerala for Hydroponic Cannabis Smuggling

Rediff.com20 Mar 2026

Customs officials at Thiruvananthapuram airport seized hydroponic cannabis worth Rs 1.86 crore and arrested two doctors allegedly involved in smuggling the contraband from Singapore and Bangkok.

Administration Stops Child Marriage In Madhya Pradesh

Administration Stops Child Marriage In Madhya Pradesh

Rediff.com24 Apr 2026

Authorities in Madhya Pradesh's Indore district intervened to stop a marriage between a 13-year-old girl and a 42-year-old man, after discovering a fake marksheet was used to falsely claim the girl was of legal marriageable age.

Five Arrested in Goa for Smuggling Hydroponic Weed

Five Arrested in Goa for Smuggling Hydroponic Weed

Rediff.com27 Mar 2026

Goa Customs officials arrested five passengers at Manohar International Airport for attempting to smuggle 23.8 kg of hydroponic weed, valued at over Rs 8 crore, into the country.

Former Accounts Clerk in Thane Accused of Stealing Gold Ornaments Worth Rs 5.66 Lakh

Former Accounts Clerk in Thane Accused of Stealing Gold Ornaments Worth Rs 5.66 Lakh

Rediff.com22 Mar 2026

Police in Thane have registered a case against a former accounts clerk of a co-operative credit society for allegedly stealing gold ornaments worth Rs 5.66 lakh from customers.

Mangaluru Man Duped Of Rs 2.07 Crore In 'Digital Arrest' Scam

Mangaluru Man Duped Of Rs 2.07 Crore In 'Digital Arrest' Scam

Rediff.com26 Apr 2026

A 61-year-old man from Mangaluru was allegedly cheated of Rs 2.07 crore by cyber fraudsters posing as officials of central investigative agencies in a 'digital arrest' scam, police said.

How Air India Is Modernising Its Long-Haul Fleet

How Air India Is Modernising Its Long-Haul Fleet

Rediff.com19 Apr 2026

Air India is upgrading its fleet of Boeing 787-8 aircraft, crucial for its long-haul operations, with retrofitting expected to be completed by early 2028. The airline has already received its first retrofitted plane, featuring a three-class configuration.

Uber and Flipkart Team Up to Reward Riders with SuperCoins

Uber and Flipkart Team Up to Reward Riders with SuperCoins

Rediff.com15 Apr 2026

Flipkart and Uber have announced a partnership to integrate Flipkart's 'SuperCoins' reward programme into Uber's mobility services, allowing users to earn rewards on rides.

Daughter Of IRS Officer Murdered In South Delhi Residence

Daughter Of IRS Officer Murdered In South Delhi Residence

Rediff.com22 Apr 2026

The daughter of a senior IRS officer was found murdered in her southeast Delhi residence. Police suspect sexual assault and are investigating a former domestic help who is absconding.