News for 'Directors General of Customs'

Coronavirus: 44 Indians back from Iran, flight to Italy on Sat

Coronavirus: 44 Indians back from Iran, flight to Italy on Sat

Rediff.com13 Mar 2020

An Iran Air flight carrying Indian pilgrims stranded in coronavirus-hit Iran landed at the airport in Mumbai on Friday afternoon, an official said.

Disclosure by Swiss banks will help others: ICICI

Disclosure by Swiss banks will help others: ICICI

Rediff.com20 Aug 2009

Asked about top Swiss bank UBS AG, reeling under criticism for sheltering American tax evaders, agreeing to US government's demand for disclosure, Kochhar generally hedged queries saying Indian banks were not in that kind of business. Black money had become a major issue in the run up to the Lok Sabha polls in April-May, with BJP leader L K Advani claiming that $500 billion of Indian money was stashed in banks abroad.

Paytm to foray into financial services sector

Paytm to foray into financial services sector

Rediff.com13 Mar 2018

Paytm plans to launch mutual funds, insurance and banking services and s also providing the option to transact offline with a physical debit card

Global lay-off plan won't affect India: HP

Global lay-off plan won't affect India: HP

Rediff.com2 Oct 2012

In April this year, HP had announced to lay off about 27,000 employees globally as part of its restructuring process to reduce costs.

COVID Kavach Policy: 'Daily Cash Benefit not paid'

COVID Kavach Policy: 'Daily Cash Benefit not paid'

Rediff.com27 Apr 2021

Roopam Asthana, CEO and whole time director, Liberty General Insurance, answers readers health insurance queries.

Passenger car sales in India soar 15.26% in December

Passenger car sales in India soar 15.26% in December

Rediff.com9 Jan 2015

Sales of commercial vehicles rose 9.01 per cent to 51,000 units in December, SIAM said.

Auto sector cheers RBI rate cut as 'festival gift'

Auto sector cheers RBI rate cut as 'festival gift'

Rediff.com29 Sep 2015

Auto sector cheers RBI rate cut as 'festival gift'

No movement in WTO's Bali package worries India

No movement in WTO's Bali package worries India

Rediff.com22 Apr 2014

Agreement 'endorsed' by members and being legally vetted but will be part of the main Doha agenda only after a tenuous process.

HUL, Nestle not sure how to pay profiteering sums

HUL, Nestle not sure how to pay profiteering sums

Rediff.com1 Jun 2018

Experts point out that National Anti-profiteering Authority does not have the power to advise companies on depositing amounts voluntarily.

Mercedes-Benz to extend finance arm to India

Mercedes-Benz to extend finance arm to India

Rediff.com2 Oct 2010

Luxury car major Mercedes-Benz India will extend its financial arm, Daimler Financial Services to India. A few approvals were needed from the authorities before it could begin operations, said Wilfried Aulbur, managing director and CEO, Mercedes-Benz India, in Pune today.

Note ban affects the aam aadmi

Note ban affects the aam aadmi

Rediff.com9 Nov 2016

Daily wage earners and casual low income group workers were the worst affected

US-China trade war is a great chance for India to woo MNCs: Panagariya

US-China trade war is a great chance for India to woo MNCs: Panagariya

Rediff.com27 Jun 2019

Panagariya urged the government to undertake labour law reforms and make land acquisition more flexible to attract the multinationals.

PNB ready to disburse Rs 16,000 crore in loans

PNB ready to disburse Rs 16,000 crore in loans

Rediff.com6 Jul 2020

'We have already sanctioned loans worth over Rs 3,000 crore to around 120,000 customers.'

Chidambaram gets tough with 12 lakh indirect tax evaders

Chidambaram gets tough with 12 lakh indirect tax evaders

Rediff.com17 Jul 2013

Service tax accounts for one-third of the total indirect tax collection in the country and the government expects to raise Rs 1.8 lakh crore (Rs 1.8 trillion) through the levy this fiscal.

Insurers turn attention to wealthy with customised products

Insurers turn attention to wealthy with customised products

Rediff.com19 Jul 2013

Apart from special services from banks for their wealth management needs, HNIs are now getting offers from insurance companies, too.

'Capping cancellation fees will lead to fare hike'

'Capping cancellation fees will lead to fare hike'

Rediff.com9 Jun 2016

Carriers' input costs are rising due to weak rupee and rising crude oil price.

April's car sales fastest in 30 months

April's car sales fastest in 30 months

Rediff.com11 May 2015

This is the seventh straight month of growth

Vested interests jeopardising AirAsia: Tata Sons

Vested interests jeopardising AirAsia: Tata Sons

Rediff.com13 Jun 2014

Swamy had written to the Election Commission, the DGCA and the Civil Aviation Ministry not to grant a license to the carrier.

Another cheque for Mukesh's Reliance Retail

Another cheque for Mukesh's Reliance Retail

Rediff.com23 Sep 2020

Investment by US PE firm KKR will add fire to Ambani's battle for dominance in the retail market that is also being eyed by Jeff Bezos' Amazon and Walmart's Flipkart.

The unsung heroes who made GST a reality

The unsung heroes who made GST a reality

Rediff.com2 Jul 2017

As many as 30 sub-groups and committees worked tirelessly to devise rules and laws as well as fix tax rates for over 1,200 goods and services.

'Even the RBI was caught by surprise and was totally unprepared to handle its fallout'

'Even the RBI was caught by surprise and was totally unprepared to handle its fallout'

Rediff.com8 Nov 2021

I kept insisting that Rs 100 notes were in short supply and there was an urgent need to augment the supply of 100 rupee notes while also rapidly bringing into circulation the proposed new Rs 500 notes. But this was easier said than done because all the note printing machines of the RBI were programmed for printing Rs 2,000 notes and required at least three weeks before the machines could print the new Rs 500 currency notes. The availability of currency paper posed another major bottleneck, and it had to be imported. It was decided to immediately start printing the Rs 500 notes. It was only when the supply of the new Rs 500 notes started improving and the process of change of cassettes at the ATMs gathered momentum that the situation began limping back to normal. A fascinating excerpt from former SBI chairman Rajnish Kumar's The Custodian of Trust: A Banker's Memoir, five years after demonetisation, November 8.

Why Anmol Ambani is Reliance Capital's lucky mascot

Why Anmol Ambani is Reliance Capital's lucky mascot

Rediff.com27 Sep 2016

The Anmol effect: R-Cap shares jump 40% since junior Ambani joined the board

Buying life insurance? Please read this

Buying life insurance? Please read this

Rediff.com7 Aug 2018

Agents often influence customers into buying new products every year instead of continuing with their existing policies

'Black day' for Central GST enforcers today

'Black day' for Central GST enforcers today

Rediff.com30 Jan 2017

Its officers would wear black bands on Monday, which is also Martyrs day, the IRS Association (Customs and Central Excise) has said.

Telcos face a new challenge: More voice calls, but less revenue

Telcos face a new challenge: More voice calls, but less revenue

Rediff.com10 Feb 2019

From spending a little less than three hours on making voice calls, Indians are spending well over 5 hours. So, while people make more calls, they are spending less than ever, reports Romita Majumdar.

Banks' rush unlikely for insurer licence

Banks' rush unlikely for insurer licence

Rediff.com16 Aug 2013

Prior RBI permission a hurdle, given its views; business interest needs to be clearer.

If banks bite the broker bullet...

If banks bite the broker bullet...

Rediff.com30 Jan 2015

It will bring in more transparency and reduce mis-selling

Diwali sheen missing from gold sales

Diwali sheen missing from gold sales

Rediff.com25 Oct 2015

In Zaveri Bazar, gold is being traded at Rs 26,920/10 gm

Why car recalls are spiking in India

Why car recalls are spiking in India

Rediff.com15 Jun 2016

One can see the scale of recalls going up as the market expands.

Luxury car sales rose a mere 4.9% in 2018, no uptick on horizon

Luxury car sales rose a mere 4.9% in 2018, no uptick on horizon

Rediff.com12 Jan 2019

If one leaves aside 2016, when sales declined 4.68 per cent, the pace of growth in 2018 is the slowest in a decade, according to IHS Markit, a sales forecast and market research firm.

To counter OBOR, India plans to 'bridge' the gap with Asean

To counter OBOR, India plans to 'bridge' the gap with Asean

Rediff.com18 Jul 2017

These ambitious projects are littered with every possible acronyms and include proposed road links, air connectivity plans, electricity grids and special economic zones on coasts, says Subhomoy Bhattacharjee.

For Harley-Davidson, Indian roads were always bumpy

For Harley-Davidson, Indian roads were always bumpy

Rediff.com13 Oct 2020

From being exorbitantly priced to facing stiff competition, Harley was always going to find it tough to crack a market like India, says Dhruv Munjal.

How to benefit from the cashless drive

How to benefit from the cashless drive

Rediff.com16 Dec 2016

All payments made via debit and credit cards, net banking and mobile wallets will be entitled to discounts.

New Chevrolet Tavera at Rs 599,000

New Chevrolet Tavera at Rs 599,000

Rediff.com16 Jan 2006

General Motors India on Monday launched a new variant of Chevrolet Tavera priced at Rs 599,000.

Reliance set to buy Iran oil after five-year hiatus

Reliance set to buy Iran oil after five-year hiatus

Rediff.com18 Feb 2016

Officials from India's biggest private refiner recently visited Iran to chalk out the details for resumption of trade ties with Tehran.

Coronavirus may lead to delayed car deliveries

Coronavirus may lead to delayed car deliveries

Rediff.com6 Feb 2020

After years of giving free passes to counterparts from Korea, Japan, US in the Indian auto market, Chinese automakers had planned a major push to grab the fifth largest car market in the world. But the shutdown of factories and logistics hubs in the country following the outbreak of coronavirus is slowly constricting the business of Chinese auto majors which have recently entered India.

Gutka scam: CBI raids residences of Tamil Nadu health minister, DGP

Gutka scam: CBI raids residences of Tamil Nadu health minister, DGP

Rediff.com5 Sep 2018

This is perhaps for the first time the CBI raided a serving police chief of a state.

Suez, de-globalization, and a Semiconductor Fab for India

Suez, de-globalization, and a Semiconductor Fab for India

Rediff.com31 Mar 2021

'If the almost literally heart-stopping Suez block has any positive outcome, it is to be hoped that it will accelerate the setting up of a fab (perhaps Taiwanese) in India,' asserts Rajeev Srinivasan.

Anxious FM seeks expert help to stem rupee fall

Anxious FM seeks expert help to stem rupee fall

Rediff.com19 Aug 2013

The three hour long meeting was attended by Secretaries of departments of Revenue, Expenditure, Financial services and Disinvestment.

With Covid-19 claims of Rs 300cr, insurance cos get a rate card

With Covid-19 claims of Rs 300cr, insurance cos get a rate card

Rediff.com4 Jul 2020

Insurance experts said since it may be difficult to set a tariff or fixed rates for Covid-19 treatment, an indicative rate chart has been proposed.