News for 'Customs'

'Let's Think Of Around 15% Returns Over 12 Months'

'Let's Think Of Around 15% Returns Over 12 Months'

Rediff.com2 days ago

'The March correction was clearly due to the war and with prospects of that coming to a conclusion, there is a natural rally.'

Thane court acquits eight in police constable attack case

Thane court acquits eight in police constable attack case

Rediff.com8 Apr 2026

A court in Thane, Maharashtra, acquitted eight men charged with the attempted murder of a police constable due to the victim's inability to identify his attackers and key witnesses turning hostile.

CII seeks fiscal support, credit lines for industries hit by West Asia conflict

CII seeks fiscal support, credit lines for industries hit by West Asia conflict

Rediff.com6 Apr 2026

The Confederation of Indian Industry (CII) has proposed a 20-point policy agenda to the finance ministry, including a conflict-linked emergency credit line guarantee scheme and tax rationalisation on energy inputs, to support MSMEs, exporters, and energy-intensive industries affected by the ongoing West Asia war.

Silver lining to India's ageing truck fleet

Silver lining to India's ageing truck fleet

Rediff.com2 days ago

India's rapidly ageing truck fleet, with 42% of vehicles over 12 years old, is set to trigger a replacement-driven growth of 3-5% annually over the next five years.

Indian Authorities Halt Illegal Red Sanders Export Attempt at Cochin Port

Indian Authorities Halt Illegal Red Sanders Export Attempt at Cochin Port

Rediff.com28 Mar 2026

The Directorate of Revenue Intelligence (DRI) has successfully intercepted and seized 512 kg of red sanders at Cochin Port, preventing its illegal export to China. The red sanders were concealed within a consignment declared as rubber core veneer.

RBI Unveils 'Payments Vision 2028' with Focus on Digital Security and Innovation

RBI Unveils 'Payments Vision 2028' with Focus on Digital Security and Innovation

Rediff.com27 Mar 2026

The Reserve Bank of India (RBI) has introduced its 'Payments Vision 2028' document, outlining initiatives to enhance digital payment security, introduce electronic cheques, and expand regulatory oversight to include e-commerce entities.

Swadeshi Jagran Manch Urges End to Moratorium on Digital Product Tariffs

Swadeshi Jagran Manch Urges End to Moratorium on Digital Product Tariffs

Rediff.com20 Mar 2026

The Swadeshi Jagran Manch (SJM) is advocating for the termination of the moratorium on customs duties for electronically transmitted digital products, arguing that it hinders self-reliance, causes revenue losses, and restricts India's ability to tax emerging technologies like AI.

Indian Court Annuls Marriage of Woman Married at Age 12

Indian Court Annuls Marriage of Woman Married at Age 12

Rediff.com22 Mar 2026

A woman in Jodhpur, India, successfully annulled her marriage, which was solemnised when she was 12 years old, after a court battle, highlighting the ongoing issue of child marriage and the importance of legal intervention.

Jodhpur Woman Annuls Child Marriage, Resumes Education After Court Victory

Jodhpur Woman Annuls Child Marriage, Resumes Education After Court Victory

Rediff.com22 Mar 2026

A woman in Jodhpur, India, successfully annulled her child marriage through a court battle, highlighting the ongoing issue of child marriage and the importance of legal intervention and social support.

KV Kamath Emphasises AI Application and Education Reform for India's Future

KV Kamath Emphasises AI Application and Education Reform for India's Future

Rediff.com7 days ago

Veteran banker K V Kamath stresses the importance of reskilling and education reforms to leverage artificial intelligence (AI) in India, advocating for practical applications over expensive foundational models.

Mumbra Woman Loses 6,750 in Online Matrimonial Fraud

Mumbra Woman Loses 6,750 in Online Matrimonial Fraud

Rediff.com29 Mar 2026

A 29-year-old woman from Mumbra was allegedly defrauded of Rs 6.75 lakh (6,750) by an individual posing as an NRI on a matrimonial website. The accused claimed to be a UK resident and convinced the victim to transfer funds for customs clearances.

RBI introduces new business correspondent norms to expand banking access

RBI introduces new business correspondent norms to expand banking access

Rediff.com7 Apr 2026

The Reserve Bank of India (RBI) has unveiled draft norms for branch authorisation and business correspondents (BCs), introducing a two-tiered classification for BCs and redefining 'banking outlets' to include BC-Banking Outlets (BC-BOs), aiming to expand formal banking presence, particularly in rural areas.

CBIC Removes Rs 10 Lakh Cap on Courier Exports, Streamlines E-commerce Shipments

CBIC Removes Rs 10 Lakh Cap on Courier Exports, Streamlines E-commerce Shipments

Rediff.com1 Apr 2026

The Central Board of Indirect Taxes and Customs (CBIC) has eliminated the Rs 10 lakh value cap per consignment for courier-based commercial exports, effective April 1, aiming to significantly boost e-commerce shipments, particularly for MSMEs and artisans.

Gulf War: Stocks That Tanked The Most

Gulf War: Stocks That Tanked The Most

Rediff.com2 days ago

West Asia conflict triggers sharp sell-off in Indian markets, with realty, banking and auto stocks leading losses amid energy shock fears.

Multi-City Air Ticket Scam Busted: Mastermind Arrested

Multi-City Air Ticket Scam Busted: Mastermind Arrested

Rediff.com7 days ago

Four individuals have been arrested for allegedly running a sophisticated cyber fraud operation, duping people with fake discounted air tickets across multiple cities. Police recovered a substantial amount of cash and luxury items from the accused.

Audi to rework India strategy as EU FTA may slash import duty on luxury cars to 10%

Audi to rework India strategy as EU FTA may slash import duty on luxury cars to 10%

Rediff.com26 Mar 2026

German carmaker Audi plans to reassess and adjust its product launch strategy in India once the specific details of import duty reductions under the India-EU free trade agreement (FTA) become clear, according to Balbir Singh Dhillon, the brand's director in India.

Hyderabad Police Arrest Two in MDMA Drug Trafficking Operation

Hyderabad Police Arrest Two in MDMA Drug Trafficking Operation

Rediff.com2 Apr 2026

Two men were arrested in Hyderabad for allegedly selling MDMA. Police seized 25.65 grams of the narcotic substance. The investigation revealed the accused were selling MDMA to make easy money, supplied by two individuals who procured the drug from Himachal Pradesh.

Couple Banned from UK Companies for Breaching Disqualification Order

Couple Banned from UK Companies for Breaching Disqualification Order

Rediff.com5 Apr 2026

An Indian-origin couple in the UK has been sentenced for breaching a disqualification order, operating companies despite a ban imposed after tax fraud claims.

AI-Driven Productivity Gains Reshape Tech Hiring and Cause Job Insecurity

AI-Driven Productivity Gains Reshape Tech Hiring and Cause Job Insecurity

Rediff.com6 Apr 2026

TeamLease Digital CEO Neeti Sharma discusses how AI is driving a structural reset in the tech industry, leading to layoffs, reshaping hiring practices, and increasing job insecurity.

Integrated Customs platform on cards in digitisation push

Integrated Customs platform on cards in digitisation push

Rediff.com16 Dec 2025

To digitise Customs processes, the Union finance ministry is planning to integrate the Indian Customs Electronic Gateway (ICEGATE), Risk Management System (RMS), and Indian Customs Electronic Data Interchange System (ICES) into a single unified national Customs platform, according to government sources.

Axis Bank Fined for Poor Service After Failed ATM Withdrawal

Axis Bank Fined for Poor Service After Failed ATM Withdrawal

Rediff.com15 Mar 2026

A consumer commission in Nagpur, Maharashtra, has penalised Axis Bank for deficiency in service, ordering a refund and compensation to a customer over a failed ATM transaction from 2018.

DRI Busts International Gold Smuggling Syndicate at Bengaluru Airport

DRI Busts International Gold Smuggling Syndicate at Bengaluru Airport

Rediff.com8 Apr 2026

The Directorate of Revenue Intelligence (DRI) has dismantled a major international gold smuggling syndicate operating through Kempegowda International Airport in Bengaluru, arresting five individuals and seizing a significant quantity of gold.

Govt doubles daily quota of 5kg LPG cylinders for migrant workers

Govt doubles daily quota of 5kg LPG cylinders for migrant workers

Rediff.com7 Apr 2026

The Indian government has doubled the daily quota of market-priced 5-kg LPG cylinders for migrant workers to ensure stable fuel supplies amidst global disruptions. This move prioritises household cooking gas and addresses the needs of migrant workers who often lack regular connections.

Telangana Man Arrested in Swimming Pool Murder Case of Wife and Daughters

Telangana Man Arrested in Swimming Pool Murder Case of Wife and Daughters

Rediff.com6 days ago

A 29-year-old man has been arrested in Telangana for allegedly murdering his pregnant wife and two daughters by pushing them into a swimming pool. The motive appears to be to marry a minor relative and sire a male child. Nine others have also been arrested in connection with the case, including family members and medical professionals involved in illegal sex determination and forced abortions.

Nykaa Q4 revenue growth likely to be highest in 3 yrs

Nykaa Q4 revenue growth likely to be highest in 3 yrs

Rediff.com7 Apr 2026

FSN E-Commerce Ventures, the parent company of Nykaa, anticipates its consolidated net revenue for Q4 FY26 to achieve high 20 per cent year-on-year growth, marking its strongest performance in 12 quarters, fueled by accelerated growth in both its fashion and beauty verticals.

Modi, Yogi, Akhilesh Attend Rajat Sharma's Daughter's Wedding

Modi, Yogi, Akhilesh Attend Rajat Sharma's Daughter's Wedding

Rediff.com6 Apr 2026

Journalist Rajat Sharma's daughter's wedding in New Delhi saw top netas and abhinetas in attendance. Have a look!

Delhi Police Nets Over 600 in Cybercrime Operation CyHawk 4.0

Delhi Police Nets Over 600 in Cybercrime Operation CyHawk 4.0

Rediff.com8 Apr 2026

Delhi Police arrested over 600 individuals and detained over 8,300 suspects during Operation CyHawk 4.0, a major crackdown on cybercrime. The operation targeted financial networks and call centres involved in online scams, recovering significant digital evidence and tracing defrauded money.

TCS Q4 net profit jumps 12% to Rs 13,718 cr; adds 2k employees as layoffs end

TCS Q4 net profit jumps 12% to Rs 13,718 cr; adds 2k employees as layoffs end

Rediff.com7 days ago

Tata Consultancy Services (TCS) announced a 12.22 per cent increase in its net profit for the March quarter, reaching Rs 13,718 crore, alongside a 9.64 per cent rise in revenue from operations.

William Walsh, former British Airways chief, to lead IndiGo as CEO

William Walsh, former British Airways chief, to lead IndiGo as CEO

Rediff.com31 Mar 2026

IndiGo, India's largest airline, has announced the appointment of William Walsh, former British Airways chief and current Director General of IATA, as its new CEO, effective no later than August 3.

IPL 2026: Rashid Khan's Spin Magic in Thriller!

IPL 2026: Rashid Khan's Spin Magic in Thriller!

Rediff.com7 days ago

In a high-scoring contest that went down to the final ball, Rashid returned figures of 3 for 17, turning the game in Titans' favour just when Delhi looked set to chase down the target.

FMCG firms weigh price hikes as input costs rise

FMCG firms weigh price hikes as input costs rise

Rediff.com6 Apr 2026

Fast-moving consumer goods (FMCG) companies are closely monitoring crude oil prices and considering low single-digit price increases, while consumer durables firms have already begun passing on significant price hikes to consumers due to rising input costs exacerbated by the West Asia conflict.

ICICI Bank Hit with 768.6 Crore GST Demand Notice

ICICI Bank Hit with 768.6 Crore GST Demand Notice

Rediff.com19 Mar 2026

ICICI Bank has received a demand notice of 768.6 crore from tax authorities for alleged short payment of GST, related to services provided to customers maintaining minimum balances.

Gains ahead for Bharti Airtel on multiple triggers, recent correction

Gains ahead for Bharti Airtel on multiple triggers, recent correction

Rediff.com6 days ago

Despite recent share price dips, Bharti Airtel is strategically positioned for growth, driven by investments in data centres via Nxtra, a potential tariff hike, and strong performance in Africa, alongside efforts to deleverage and expand its subscriber base in underpenetrated rural markets.

Supreme Court Asserts Right to Decide Superstitious Practices, Govt Disagrees

Supreme Court Asserts Right to Decide Superstitious Practices, Govt Disagrees

Rediff.com8 Apr 2026

The Supreme Court of India has asserted its jurisdiction to determine what constitutes a superstitious practice within a religion, during a hearing on petitions related to discrimination against women at religious sites.

Tesla Stalls in India as BYD, VinFast Race Ahead

Tesla Stalls in India as BYD, VinFast Race Ahead

Rediff.com6 days ago

Despite India's electric passenger vehicle market experiencing an 83.6% year-on-year surge in FY26, new foreign entrants VinFast and BYD have significantly outpaced Tesla, which struggles with high import duties, a limited retail footprint, and a lack of local manufacturing commitment.

Delhi Police Operation CyHawk 4.0 Leads to Mass Arrests in Cybercrime Sweep

Delhi Police Operation CyHawk 4.0 Leads to Mass Arrests in Cybercrime Sweep

Rediff.com8 Apr 2026

Delhi Police arrested over 600 people and rounded up over 8,300 suspects during Operation CyHawk 4.0, a large-scale crackdown on cybercrime.

Ready-to-eat foods fill qcom baskets amid LPG curbs

Ready-to-eat foods fill qcom baskets amid LPG curbs

Rediff.com6 Apr 2026

Quick commerce platforms are experiencing a significant increase in demand for ready-to-eat food items as urban households face disruptions in cooking gas supply and a temporary outflow of migrant domestic help.

Kerala CM Vijayan Predicts Stronger Mandate for LDF in Upcoming Elections

Kerala CM Vijayan Predicts Stronger Mandate for LDF in Upcoming Elections

Rediff.com7 Apr 2026

Kerala Chief Minister Pinarayi Vijayan expresses confidence in the Left Democratic Front's (LDF) prospects in the upcoming Kerala elections, predicting a stronger mandate and criticising the Congress and BJP.

Kerala CM Vijayan Predicts Stronger Mandate for LDF Despite Criticism

Kerala CM Vijayan Predicts Stronger Mandate for LDF Despite Criticism

Rediff.com7 Apr 2026

Kerala Chief Minister Pinarayi Vijayan expressed confidence in the Left Democratic Front's (LDF) victory in the upcoming Kerala elections, dismissing allegations of a CPI(M)-BJP understanding and criticising the Congress party's approach.

Oscars: Isha Ambani's Edgy After Party Look!

Oscars: Isha Ambani's Edgy After Party Look!

Rediff.com17 Mar 2026

Isha Ambani chose a custom creation by Swadesh in collaboration with Turkish designer Dilara Findikoglu for the Vanity Fair Oscars After Party.