News for 'Customs'

Evera Cabs bets on BluSmart EVs to drive Rs 100 crore revenue in FY26

Evera Cabs bets on BluSmart EVs to drive Rs 100 crore revenue in FY26

Rediff.com8 May 2025

Delhi-based electric vehicle (EV) ride-hailing firm Evera Cabs, which grabbed headlines after acquiring 500 cars from the now-defunct cab service BluSmart, is stepping up its presence in the EV cab segment. The company is aiming for revenue of Rs 100 crore in the ongoing financial year (2025-26), up from Rs 18 crore in 2024-25.

When Shalini Passi, Radhika Ambani Wore Art!

When Shalini Passi, Radhika Ambani Wore Art!

Rediff.com21 May 2025

When art steps off the canvas and onto the red carpet, the result is pure visual poetry.

Pahalgam Attack Aftermath: Where Have The Tourists Gone?

Pahalgam Attack Aftermath: Where Have The Tourists Gone?

Rediff.com5 May 2025

In the aftermath of the horrific Pahalgam attack, which claimed the lives of 26 tourists and injured many others, many travelers have canceled plans to visit Kashmir, depriving tour operators in the Valley of business during the otherwise proftable tourist season.

Sunken ship's containers with hazardous material wash ashore in Kerala

Sunken ship's containers with hazardous material wash ashore in Kerala

Rediff.com26 May 2025

Containers from a Liberian cargo ship that sank off the Kerala coast have started washing ashore, prompting authorities to urge the public to stay away from them. The ship carried 13 hazardous cargos, including calcium carbide, which reacts with seawater to release highly flammable acetylene gas. The Indian Coast Guard is leading pollution response efforts and monitoring the spread of the oil slick.

Want Steady Monthly Income? How Bonds Could Help

Want Steady Monthly Income? How Bonds Could Help

Rediff.com25 Jun 2025

Saurav Ghosh's step-by-step guide will help you understand what bonds are, how they help investors make money, how much money they make and which bonds to invest in.

How Outrageous Did Met Gala Get This Year? Take A Look

How Outrageous Did Met Gala Get This Year? Take A Look

Rediff.com9 May 2025

In keeping with the mood of the evening, there were several outfits that definitely took fashion risks. Did it pay off? You tell us.

Air India faces worst crisis, cancels 7 int'l flights amid crash fallout

Air India faces worst crisis, cancels 7 int'l flights amid crash fallout

Rediff.com17 Jun 2025

While Air India cancelled six international flights due to aviation regulator DGCA subjecting its Dreamliner fleet to enhanced checks, the Ahmedabad-London Gatwick one was cancelled due to unavailability of aircraft, the airline said.

RBI to focus on enhancing cyber resilience and capabilities of SEs

RBI to focus on enhancing cyber resilience and capabilities of SEs

Rediff.com29 May 2025

The Reserve Bank on Thursday affirmed its commitment to continue with its supervisory measures aimed at early identification of risks and vulnerabilities. The central bank would also focus on enhancing cyber resilience and capabilities of Supervised Entities (SEs) by implementing the recommendations of the inter-regulatory Working Group, which has uniform baseline cybersecurity guidelines for financial entities, it said in its annual report.

Tata Sons chief apologises for Air India crash, says AI171 had clean record

Tata Sons chief apologises for Air India crash, says AI171 had clean record

Rediff.com18 Jun 2025

When specifically asked about the reason for the crash and whether Air India is privy to any preliminary findings, Chandrasekaran said, "One would have to wait for the probe to conclude."

10 Times Suhana Gave Us Desi Girl Goals

10 Times Suhana Gave Us Desi Girl Goals

Rediff.com22 May 2025

As Suhana Khan turns a year older, we take a look at her envious desi wardrobe!

Customs duty exemption on lithium, cobalt to aid growth of EV sector

Customs duty exemption on lithium, cobalt to aid growth of EV sector

Rediff.com23 Jul 2024

The proposed exemption in customs duty on import of lithium, cobalt and other rare minerals in the Union Budget 2024-25 is likely to lower the battery production cost and help in making electric vehicles more affordable for the buyers, auto industry leaders said on Tuesday.

CBI arrests ED official in Odisha on charges of bribery

CBI arrests ED official in Odisha on charges of bribery

Rediff.com30 May 2025

During negotiations, the officer allegedly agreed to reduce the amount to Rs 2 crore, with the condition that the first installment of Rs 50 lakh had to be paid to the middleman by Thursday evening, the complaint said.

Shubhanshu Shukla's space mission postponed to Wednesday

Shubhanshu Shukla's space mission postponed to Wednesday

Rediff.com9 Jun 2025

SpaceX's Falcon-9 rocket was scheduled to blast off from the Kennedy Space Centre in Florida on Tuesday evening.

PIX: Pahalgam attack dulls tourist activity at Dal Lake

PIX: Pahalgam attack dulls tourist activity at Dal Lake

Rediff.com29 Apr 2025

Tourist activity at Dal Lake has witnessed a sharp decline following the recent terrorist attack in Pahalgam, which resulted in the deaths of 26 tourists and injuries to several others.

BluSmart cab services stay suspended in Delhi-NCR, Bengaluru, Mumbai

BluSmart cab services stay suspended in Delhi-NCR, Bengaluru, Mumbai

Rediff.com17 Apr 2025

Electric cab-hailing platform BluSmart remained non-operational on Thursday across Delhi-NCR, Bengaluru, and Mumbai, as the market regulator cracked down on its co-founder over alleged misuse of funds at an affiliated company. BluSmart app, that offered more than 8,000 taxis in the three metros, stopped taking bookings on Wednesday evening and remained unoperational on Thursday as well.

RCB's Suyash thrives on clarity and team support

RCB's Suyash thrives on clarity and team support

Rediff.com30 May 2025

'My coaches gave me just one role, which is to hit the stumps, whether I bowl legbreak, googly, flipper or any other variation.'

Why BMW India hopes to buck the trend of low sales in 2025

Why BMW India hopes to buck the trend of low sales in 2025

Rediff.com14 Apr 2025

While sedan sales have declined in the mass-market segment in recent years, demand remains strong for BMW sedans, which account for 45 per cent of its sales in India.

Shalini Passi Channels Her Inner Barbie

Shalini Passi Channels Her Inner Barbie

Rediff.com18 May 2025

Delhi art connoisseur and philanthropist Shalini Passi -- who we saw on Netflix's Fabulous Lives vs Bollywood Wives -- made her debut at the Cannes film festival.

RBI cuts CRR to unlock Rs 2.5 lakh crore liquidity for banks

RBI cuts CRR to unlock Rs 2.5 lakh crore liquidity for banks

Rediff.com6 Jun 2025

Reserve Bank on Friday decided to cut Cash Reserve Ratio (CRR) by a huge 1 per cent, which will unlock Rs 2.5 lakh crore liquidity to the banking system for lending to productive sectors of the economy. With the reduction in four equal tranches ending November 29, 2025, the CRR would come down to 3 per cent.

India curbs B'deshi goods via Northeast land routes after Dhaka move

India curbs B'deshi goods via Northeast land routes after Dhaka move

Rediff.com17 May 2025

India's fresh restrictions on limiting access to Bangladeshi exports appear to be in response to Dhaka denying certain value-added items from the Northeast to enter that country through the land transit points.

NBFCs draw flak for lax loan appraisal practices

NBFCs draw flak for lax loan appraisal practices

Rediff.com11 Apr 2025

Reserve Bank of India (RBI) Deputy Governor Swaminathan J criticised some non-banking financial companies (NBFCs) for lax loan appraisal practices and charging excessive interest rates, even as he acknowledged the sector's rapid expansion over the past decade, especially in recent years. "Unfortunately, some NBFCs seem to believe they can operate with weak underwriting in the pursuit of fast growth while levying excessive and unsustainable interest rates - sometimes disguised as upfront or processing fees - followed by aggressive recovery methods in case of default," Swaminathan said at the conference of NBFCs in Chennai last month.

'This Year, We Will Commence Full Refit Of B787s'

'This Year, We Will Commence Full Refit Of B787s'

Rediff.com16 Jun 2025

'That refresh programme -- because they are big aircraft and we cannot ground them all at the same time -- will last well into 2027.'

Retirement Funds: Customize Your Mix

Retirement Funds: Customize Your Mix

Rediff.com28 Sep 2024

Equity-focused schemes may perform better in a bull market, while debt-oriented ones may offer greater stability during volatile periods.

Illegal online betting growing fast in India

Illegal online betting growing fast in India

Rediff.com2 Jun 2025

Lacking basic safeguards and regulations, India is fast emerging as a hub for illegal online betting and gambling market, with the top 15 such unauthorised platforms logging an alarming over 5.4 billion visits in FY25, according to a report by public policy think-tank on consumer sovereignty.

Why You May Get An I-T Notice

Why You May Get An I-T Notice

Rediff.com17 Jun 2025

'Most tax notices arise not from wrongdoing, but from unintentional mismatch or ignorance.'

Minors above 10 years can now operate bank A/Cs independently

Minors above 10 years can now operate bank A/Cs independently

Rediff.com21 Apr 2025

The Reserve Bank on Monday permitted banks to allow minors above the age of 10 years to open and operate savings/ term deposit accounts independently. The Reserve Bank of India has issued revised instructions on opening and operation in the deposit accounts of minors.

Despite odds, Maruti, Mahindra saw sales momentum in April

Despite odds, Maruti, Mahindra saw sales momentum in April

Rediff.com2 May 2025

Amid challenging market environment, Maruti Suzuki India and Mahindra & Mahindra reported an increase in vehicle dispatches to dealers last month while Tata Motors and Hyundai saw a year-on-year drop in sales.

Jio Financial gets Sebi nod for mutual fund business

Jio Financial gets Sebi nod for mutual fund business

Rediff.com27 May 2025

Jio BlackRock Asset Management Pvt Ltd, a 50:50 joint venture between Jio Financial Services Ltd (JFSL) and US-based BlackRock, has received regulatory approval from the capital market regulator Sebi to commence operations as an investment manager for its mutual fund business. The Securities and Exchange Board of India (Sebi), vide letter dated May 26, 2025, has granted the certificate of registration to 'Jio BlackRock Mutual Fund' and approval to Jio BlackRock Asset Management Private Limited to act as the Asset Management Company for Jio BlackRock Mutual Fund, JFSL said in a regulatory filing.

Norway Chess: Erigaisi upsets Nakamura; Gukesh loses

Norway Chess: Erigaisi upsets Nakamura; Gukesh loses

Rediff.com1 Jun 2025

Reigning World champion Dommaraju Gukesh's roller-coaster ride continues. The Indian Grandmaster suffered defeat in an Armageddon tie-break and slipped to tied-fifth place, while Arjun Erigaisi upset American world No.2 Hikaru Nakamura to maintain fourth position in the Norway Chess tournament.

Hailstorm horror: IndiGo pilot's request to use Pak airspace rejected

Hailstorm horror: IndiGo pilot's request to use Pak airspace rejected

Rediff.com22 May 2025

An IndiGo flight from Delhi to Srinagar encountered severe turbulence after a sudden hailstorm. The pilot requested permission from Lahore Air Traffic Control to use Pakistani airspace to avoid the turbulence, but the request was rejected. The flight, carrying over 220 passengers, including Trinamool Congress MPs, landed safely at Srinagar Airport. The incident is being investigated by the Directorate General of Civil Aviation (DGCA).

RBI allows banks to hike ATM charges from May 1

RBI allows banks to hike ATM charges from May 1

Rediff.com29 Mar 2025

The Reserve Bank of India on Friday permitted banks to increase charges on ATM cash withdrawals beyond the mandatory free monthly usage by Rs 2 to Rs 23 per transaction from May 1.

No India exit, Nissan to launch 3 models by early 2027

No India exit, Nissan to launch 3 models by early 2027

Rediff.com29 May 2025

Nissan is targeting annual domestic sales and exports of 100,000 units each by financial year 2026-27.

Strait of Hormuz closure: How it will impact India

Strait of Hormuz closure: How it will impact India

Rediff.com22 Jun 2025

US strikes on Iran's three main nuclear facilities have once again raised concerns that Tehran might shut down the Strait of Hormuz - one of the world's most critical chokepoints, through which a fifth of global oil and gas supply flows.

Top 10 Cannes Looks Over The Years

Top 10 Cannes Looks Over The Years

Rediff.com13 May 2025

Over the years, many Bollywood beauties have weaved their magic on the Cannes red carpet by making dazzling appearances.

Controversy's Child Kamal Haasan

Controversy's Child Kamal Haasan

Rediff.com10 Jun 2025

Kamal has a crisp pen when it comes to writing short and yet powerful film dialogues. But while speaking ex tempore -- and that has been his style -- he looks every bit a confused man, observes N Sathiya Moorthy.

Pink ball trickier customer than red ball: Rohit warns

Pink ball trickier customer than red ball: Rohit warns

Rediff.com5 Dec 2024

Rohit Sharma on Thursday said that one will need to devise his own methods to deal with the challenges posed by the pink Kookaburra ball during the day/night Test

Renters, Loss and Liability Cover Are Essential

Renters, Loss and Liability Cover Are Essential

Rediff.com26 May 2025

Tenants should primarily buy contents insurance. 'This covers personal belongings like electronics, furniture, clothes, and appliances against risks such as fire, theft, floods, and other natural calamities.

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