News for 'Customs'

After donation theft, 250 Ayodhya seers meet to rebuild devotee trust

After donation theft, 250 Ayodhya seers meet to rebuild devotee trust

Rediff.com23 Jul 2026

A crucial meeting of around 250 seers and VHP functionaries in Ayodhya will address issues concerning the Ram temple, including ensuring adherence to Vaishnav-Ramanandi traditions, restoring devotee confidence after an alleged donation theft, and deliberating on the Trust's management. The meeting follows deferred decisions by the Shri Ram Janmabhoomi Teerth Kshetra Trust on key appointments.

Why Banks Are Raising Deposit Rates

Why Banks Are Raising Deposit Rates

Rediff.com26 Jun 2026

The RBI seems to be acknowledging that all deposits are not equal -- a deposit with a lower run-off assumption is inherently more valuable than one that could disappear overnight, points out Tamal Bandyopadhyay.

Students still throng Jantar Mantar protest site to click selfies

Students still throng Jantar Mantar protest site to click selfies

Rediff.com27 Jul 2026

Two days after a 36-day student agitation concluded at Jantar Mantar, the iconic protest site in New Delhi is already witnessing new demonstrations, including calls for Gorkhaland and women's reservation, alongside curious visitors documenting the aftermath.

IndiGo Secures Largest Ever LEAP Engine Order For A320 Neo Fleet

IndiGo Secures Largest Ever LEAP Engine Order For A320 Neo Fleet

Rediff.com20 Jul 2026

IndiGo, India's largest airline, has placed a record-breaking order with CFM International for over 1,000 LEAP-1A engines to power its 510 Airbus A320 neo family aircraft. This significant deal, announced at the Farnborough International Airshow, also includes extensive MRO support and material services, reinforcing CFM's commitment to the Indian aviation market.

Naseeruddin Shah On Student Protests: 'I Am Boiling With Anger'

Naseeruddin Shah On Student Protests: 'I Am Boiling With Anger'

Rediff.com22 Jul 2026

'...after seeing how our children are being subjected to such oppression at the hands of these masked men carrying sticks.'

Meghalaya 'Bans' Quick Commerce

Meghalaya 'Bans' Quick Commerce

Rediff.com3 Jul 2026

At the heart of the decision is concern over the survival of Meghalaya's neighbourhood retailers.

10 AI Careers For Fresh Graduates

10 AI Careers For Fresh Graduates

Rediff.com15 Jul 2026

Dr Lovi Raj Gupta, pro vice-chancellor, Lovely Professional University, explains how aspiring professionals can equip themselves for a competitive AI-driven job market.

Maruti Launches RD-Backed Car Loan

Maruti Launches RD-Backed Car Loan

Rediff.com6 Jun 2026

The scheme, called 'Suhana Safar', targeted customers who aspire to own a car but were hesitant because of concerns around arranging the down payment or managing future EMI obligations.

MP Cabinet clears UCC Bill; covers marriage, inheritance, live-in relations

MP Cabinet clears UCC Bill; covers marriage, inheritance, live-in relations

Rediff.com19 Jul 2026

The Madhya Pradesh cabinet has approved the draft Uniform Civil Code (UCC) bill, which will be introduced in the state assembly's monsoon session. The proposed legislation, excluding the tribal community, addresses marriage, live-in relationships, adoption, and inheritance, aiming for women's empowerment and social harmony. Chief Minister Mohan Yadav highlighted broad support and criticised the Congress for its stance.

Margin Squeeze Hits Private Bank Stocks; HDFC, Axis Lead Decline

Margin Squeeze Hits Private Bank Stocks; HDFC, Axis Lead Decline

Rediff.com21 Jul 2026

Shares of major private lenders, including HDFC Bank, Axis Bank, and Kotak Mahindra Bank, experienced a sharp selloff after their June-quarter results indicated persistent pressure on net interest margins (NIMs), despite healthy credit growth. This decline overshadowed gains in ICICI Bank and Punjab National Bank (PNB), which reported resilient or stronger-than-expected earnings.

Generative AI Set To Add Billions To Indian Real Estate Sector

Generative AI Set To Add Billions To Indian Real Estate Sector

Rediff.com18 Jun 2026

A new report by EY-Parthenon and CREDAI indicates that Generative AI (GenAI) could inject USD 14-17 billion into India's real estate economy over the next seven years. The technology is expected to significantly enhance operational efficiency, boost sales velocity by 30-50 per cent, and accelerate product launches, offering competitive differentiation and improved customer experiences for developers.

Passenger Arrested After Rs 2.43 Crore Marijuana Seized At Delhi Airport

Passenger Arrested After Rs 2.43 Crore Marijuana Seized At Delhi Airport

Rediff.com11 Jun 2026

Customs officials at Delhi airport arrested an Indian passenger arriving from Bangkok after seizing approximately 6.9 kg of suspected marijuana, valued at Rs 2.43 crore, from his baggage. The passenger faces charges under the NDPS Act, and an investigation into the drug's origin and destination is underway.

9 Facts About The Puri Rath Yatra

9 Facts About The Puri Rath Yatra

Rediff.com16 Jul 2026

July 16 will be the biggest and happiest day of the year in Puri, home to the magnificent Jagannath Temple.

Amazon CEO Andy Jassy unveils massive India qcomm expansion plan

Amazon CEO Andy Jassy unveils massive India qcomm expansion plan

Rediff.com24 Jun 2026

Amazon CEO Andy Jassy has announced a significant expansion of the company's quick commerce business, Amazon Now, to over 300 Indian cities, aiming to build the country's largest delivery-in-minutes network. This move follows a recent USD 35 billion investment commitment by Amazon in India.

How Meghalaya Is Driving Digital Banking Adoption

How Meghalaya Is Driving Digital Banking Adoption

Rediff.com2 Jul 2026

Meghalaya has shown significant progress in digital transactions and financial inclusion, recording 32.76 crore digital transactions and nearly 10 lakh Jan Dhan accounts by 2025-26. Efforts like the JAM Trinity and financial literacy programmes have expanded banking access, with a high percentage of bank account holders adopting digital modes. The next phase focuses on enhancing financial literacy and cyber resilience, especially in rural areas.

Nirmohi Akhara moves SC seeking reconstitution of Ram temple trust

Nirmohi Akhara moves SC seeking reconstitution of Ram temple trust

Rediff.com19 Jul 2026

The Nirmohi Akhara has approached the Supreme Court, seeking a directive to the Centre to reconstitute the Shri Ram Janmabhoomi Theerth Kshetra Trust as a 'public trust' and include structural safeguards for oversight by seers, citing alleged large-scale embezzlement of donations.

Gulf NRIs opt for Indian term life insurance amid Iran conflict

Gulf NRIs opt for Indian term life insurance amid Iran conflict

Rediff.com25 Jun 2026

Non-resident Indians (NRIs) in the Gulf region are increasingly purchasing term life insurance policies from India, driven by geopolitical uncertainties in West Asia and the significant cost advantages offered by Indian products, with the GCC region now contributing over half of the total NRI demand.

Time To Make India Attractive To Foreign Capital

Time To Make India Attractive To Foreign Capital

Rediff.com22 Jul 2026

That means making it easier to invest, protecting investors through predictable rules, and avoiding policy reversals after investments have been made, notes Rajeswari Sengupta.

Why Is BMW Losing Profit Even After Selling More Cars?

Why Is BMW Losing Profit Even After Selling More Cars?

Rediff.com17 Jul 2026

BMW Group India says every Re 1 depreciation in the rupee against the euro trims its profit margin by about 1 per cent, prompting the company to consider further price increases.

Why Policyholders Surrender Life Insurance Policies

Why Policyholders Surrender Life Insurance Policies

Rediff.com20 Jul 2026

Understanding a product and assessing its suitability improve the chances of staying invested. Use life insurance mainly to cover risk, not to seek returns.

Isha Ambani Dresses Like A Devi For...

Isha Ambani Dresses Like A Devi For...

Rediff.com8 Jul 2026

Indian couturier Rahul Mishra returned to Paris Haute Couture Week with 'Devi', a collection inspired by the many facets of the feminine divine. Among those attending the show were Isha Ambani and Cardi B, both dressed in custom Rahul Mishra creations.

India's Top 100 Brands Hit $253 Billion

India's Top 100 Brands Hit $253 Billion

Rediff.com15 Jul 2026

LIC is the only brand in the Brand Finance India 100 2026 report that has a top five rank in both brand value and brand strength.

PSU Banks Q1FY27: BoB's Profit Dips on Settlement, BoI's Rises on Loan Growth

PSU Banks Q1FY27: BoB's Profit Dips on Settlement, BoI's Rises on Loan Growth

Rediff.com25 Jul 2026

State-owned Bank of Baroda (BoB) reported a 72 per cent year-on-year (Y-o-Y) drop in net profit to 1,278 crore for Q1FY27 due to a $600 million out-of-court settlement related to NMC Health Plc. In contrast, Bank of India (BoI) saw its net profit rise by 36.23 per cent Y-o-Y to 3,068 crore for the same quarter, driven by healthy loan growth and improved asset quality.

How Bhubaneswar Police Uncovered A Digital Escort Service Fraud

How Bhubaneswar Police Uncovered A Digital Escort Service Fraud

Rediff.com14 Jun 2026

Bhubaneswar police have busted a fraudulent digital escort service racket, arresting four individuals for allegedly misusing women's photographs on social media and cheating customers through online payments. The investigation, initiated by a woman's complaint, led to the seizure of digital evidence and a public advisory against such scams.

Passenger Arrested At Delhi Airport For Smuggling Rs 1.42 Crore Hydroponic Weed

Passenger Arrested At Delhi Airport For Smuggling Rs 1.42 Crore Hydroponic Weed

Rediff.com9 Jun 2026

Customs officials at Delhi's Indira Gandhi International (IGI) Airport intercepted a passenger from Bangkok and seized 4.045 kg of suspected hydroponic weed, valued at Rs 1.42 crore. The passenger has been booked under the NDPS Act, and further investigation is ongoing to determine the source and recipients.

Spot a Suspicious Credit Card Transaction?

Spot a Suspicious Credit Card Transaction?

Rediff.com10 Jun 2026

The first thing cardholders should do after spotting a suspicious charge is block the card.

Amazon CEO Andy Jassy pledges $13 billion additional investment in India for AI, cloud infrastructure

Amazon CEO Andy Jassy pledges $13 billion additional investment in India for AI, cloud infrastructure

Rediff.com25 Jun 2026

Amazon CEO Andy Jassy met Prime Minister Narendra Modi and announced the company's intention to invest an additional USD 13 billion in India by 2030, focusing on expanding AI and cloud infrastructure.

These FIFA World Cup Conchas Are Taking Over Social Media

These FIFA World Cup Conchas Are Taking Over Social Media

Rediff.com22 Jun 2026

With customers queued up and spilling onto the sidewalk at Cookieteria by Lovely, eager to grab fresh World Cup-themed conchas, baker Erika Lopez is worried about letting some down.

20% too much, we'll be fair: Iran mocks Trump over Hormuz claim

20% too much, we'll be fair: Iran mocks Trump over Hormuz claim

Rediff.com14 Jul 2026

Iranian Foreign Minister Seyed Abbas Araghchi mocked US President Donald Trump's claim of the US being the 'guardian' of the Strait of Hormuz, asserting that Iran has always been and will remain the sole guardian, while also suggesting that any entity providing security should be compensated, though Trump's proposed '20 per cent' levy is 'too much'.

Can Ram Temple Trust restore devotees' faith after donation scam?

Can Ram Temple Trust restore devotees' faith after donation scam?

Rediff.com6 Jul 2026

Residents and pilgrims in Ayodhya are anxiously awaiting the outcome of a Shri Ram Janmabhoomi Teerth Kshetra Trust meeting, convened amidst serious allegations of embezzlement of temple donations. The controversy has led to a subdued public mood, concerns among devotees about the security of their offerings, and calls for strict action against those responsible, including "big people" behind the alleged scam. Security has been heightened as an SIT investigates and arrests have been made.

Nykaa's next glow-up lies in margin gains

Nykaa's next glow-up lies in margin gains

Rediff.com16 Jul 2026

FSN E-Commerce Ventures (Nykaa) reported nearly 30 per cent year-on-year revenue growth in Q1FY27, marking its highest revenue growth in 13 quarters, primarily driven by accelerated expansion in its fashion segment.

Hormuz Crisis Exposes India's Energy Risks

Hormuz Crisis Exposes India's Energy Risks

Rediff.com20 Jul 2026

Despite decades of efforts towards energy transition, oil will remain the critical energy source for all nations for some decades. We can hope for peace opening the Strait of Hormuz, but must prepare for war closing it, points out former foreign secretary Ranjan Mathai.

TCS Partners with Anthropic to Accelerate Enterprise AI Adoption Across Industries

TCS Partners with Anthropic to Accelerate Enterprise AI Adoption Across Industries

Rediff.com11 Jun 2026

Tata Consultancy Services (TCS) has announced a global partnership with AI major Anthropic to help enterprises accelerate their adoption of artificial intelligence, including equipping 50,000 TCS employees with Anthropic's Claude AI models.

17 cancer drugs to become cheaper as FM announces 'trust-based' customs regime

17 cancer drugs to become cheaper as FM announces 'trust-based' customs regime

Rediff.com1 Feb 2026

Sitharaman in her budget speech said that the customs proposal "aim to further simplify the tariff structure, support domestic manufacturing, promote export competitiveness, and correct inversion in duty".

Budget 2026: Is Customs Amnesty Scheme On The Cards?

Budget 2026: Is Customs Amnesty Scheme On The Cards?

Rediff.com7 Jan 2026

Total pending Customs arrears, including amounts under litigation, court stays and cases where the appeal period has not expired, stood at about Rs 1.36 trillion at the end of December 2024.

How Delhi Police Uncovered A Prostitution Racket In Paharganj

How Delhi Police Uncovered A Prostitution Racket In Paharganj

Rediff.com14 Jun 2026

Delhi Police busted a prostitution racket operating under the guise of a spa in Paharganj, arresting one man and rescuing five women after a decoy operation.

Passenger Arrested With Rs 5.23 Crore Hydroponic Ganja At Bengaluru Airport

Passenger Arrested With Rs 5.23 Crore Hydroponic Ganja At Bengaluru Airport

Rediff.com9 Jun 2026

Bengaluru customs arrested a passenger arriving from Bangkok at Kempegowda International Airport with 14.93 kg of hydroponic ganja worth Rs 5.23 crore, concealed in check-in baggage. The arrest was made under the NDPS Act.

DRI seizes 440+ Endangered Animals, Ivory

DRI seizes 440+ Endangered Animals, Ivory

Rediff.com14 Jul 2026

The Directorate of Revenue Intelligence has conducted a nationwide crackdown on wildlife trafficking, seizing over 440 endangered animals and 15 kg of ivory, and arresting 33 individuals involved in organised crime syndicates.

FIFA World Cup 2026: Mexico's 'Losers Cafe' serves comfort with every sip

FIFA World Cup 2026: Mexico's 'Losers Cafe' serves comfort with every sip

Rediff.com2 Jul 2026

Amid the sea of green that washed over Mexico City after the country's World Cup victory over Ecuador on Tuesday, one shop defiantly hoisted the Ecuadorian flag and welcomed all the downtrodden fans of Mexico's opponents to a place of refuge. Welcome to the Losers Cafe, a coffee shop in the cosmopolitan neighbourhood of Condesa that is comforting fans of the losing teams.

West Asia conflict: Govt lifts emergency gas curbs as LNG supplies normalise

West Asia conflict: Govt lifts emergency gas curbs as LNG supplies normalise

Rediff.com5 Jul 2026

The government has withdrawn most provisions of the emergency natural gas supply regulation order imposed during the West Asia conflict after liquefied natural gas (LNG) shipments through the Strait of Hormuz resumed following a ceasefire.