News for 'US Custom'

Passenger vehicle retails surge 35% during Navratri; total Sep sales grow 6%

Passenger vehicle retails surge 35% during Navratri; total Sep sales grow 6%

Rediff.com7 Oct 2025

Passenger vehicle retail sales shot up 35 per cent year-on-year during the nine-day Navratri period this year, helping the overall registrations last month grow 6 per cent, as offtakes remained muted in the first 21 days of the month and only took off after the roll-out of new GST rates on September 22, dealer' body FADA said on Tuesday.

EC directs crackdown on illicit cash, liquor, drugs in Bihar polls

EC directs crackdown on illicit cash, liquor, drugs in Bihar polls

Rediff.com17 Oct 2025

The Election Commission has directed enforcement agencies and security forces to take proactive measures during the Bihar elections to prevent the use of drugs, liquor, and cash to influence voters.

India Post suspends all mail services to US

India Post suspends all mail services to US

Rediff.com31 Aug 2025

India Post has suspended all mail operations to the US due to a lack of clarity regarding new customs regulations imposed by the US Customs Department. The suspension affects all categories of mail, including letters, documents, and gift items.

Apple stores see huge crowds as iPhone 17 goes on sale

Apple stores see huge crowds as iPhone 17 goes on sale

Rediff.com19 Sep 2025

Apple commenced the sale of its newly launched iPhone 17 series across India on Thursday, prompting large crowds and long queues outside Apple flagship stores in Mumbai and Delhi, as tech enthusiasts gathered to be among the first to purchase the latest devices.

'Don't Consider Gold, Silver As Asset Classes'

'Don't Consider Gold, Silver As Asset Classes'

Rediff.com11 Nov 2025

'An asset must generate income. Equities yield dividends, bonds pay coupons, deposits give interest, and real estate earns rent.' 'Gold, silver, and even Bitcoin produce no income, they merely store value. So, they should not be compared to productive assets.'

UPI Goes Global, Fintech Hits A Wall

UPI Goes Global, Fintech Hits A Wall

Rediff.com1 Nov 2025

'When you think of cross-border payments, the first things that come to mind are risk, compliance, taxation, speed, and cost.'

Restaurant owner held for delivering non-veg biryani to veg customer

Restaurant owner held for delivering non-veg biryani to veg customer

Rediff.com8 Apr 2025

A restaurant owner in Noida has been arrested for allegedly delivering non-vegetarian biryani to a vegetarian woman customer who ordered food though a delivery app, police said on Monday.

3 reasons why Muthoot Finance outperformed in Q1FY26

3 reasons why Muthoot Finance outperformed in Q1FY26

Rediff.com3 Oct 2025

With the price of gold entering a strong bull run, gold-loan non-banking financial companies (NBFCs) are under the spotlight, even though their performance is not directly linked to gold price. Muthoot Finance outperformed in the April-June quarter (Q1) of 2025-26 (FY26), with its assets under management (AUM) growing 10 per cent quarter-on-quarter (Q-o-Q) and 42 per cent year-on-year (Y-o-Y), an improvement of 88 basis points (bps) Q-o-Q in net interest margin (NIM), and a fall in credit cost. Gold AUM rose 40 per cent Y-o-Y and 10 per cent Q-o-Q. The company recorded recoveries of 350 crore, including 100 crore from an asset reconstruction company (ARC), resulting in a 100-bp Q-o-Q yield increase.

Reliance Q2 net profit rises 9.6% YoY, slips sequentially on inventory losses

Reliance Q2 net profit rises 9.6% YoY, slips sequentially on inventory losses

Rediff.com18 Oct 2025

Reliance Industries Ltd (RIL) on Friday reported a 9.6 per cent year-on-year rise in net profit for the September quarter, driven by strong performance in its consumer-facing retail and telecom businesses and a recovery in its core oil-to-chemicals segment.

Indian Cars Race Abroad as Home Sales Stall

Indian Cars Race Abroad as Home Sales Stall

Rediff.com3 Oct 2025

Between April and August this financial year, passenger car exports rose 8.5 per cent year-on-year (Y-o-Y), while domestic sales fell by 8.5 per cent.

Indian-origin woman raped in UK: 32-year-old 'white male' arrested

Indian-origin woman raped in UK: 32-year-old 'white male' arrested

Rediff.com28 Oct 2025

I have been living here for 61 years and have never, ever heard of such an incident. The local community are getting seriously concerned because this is the second (racially aggravated) attack in the West Midlands

Fast, big, agile: India powers SAP's global growth engine like never before

Fast, big, agile: India powers SAP's global growth engine like never before

Rediff.com30 Sep 2025

India remains one of the largest and fastest-growing markets for SAP, and the scale of products being built in the country is bigger compared to other geographies, Manish Prasad, president and managing director of SAP India, said. "The beauty of India is scale, size, and agility.

Actor held in Thane for running prostitution racket

Actor held in Thane for running prostitution racket

Rediff.com5 Sep 2025

Police in Thane, Maharashtra, have arrested an actor for allegedly running a prostitution racket and forcing aspiring women actors into the trade. Two women active in TV serials and Bangla cinema were rescued.

Banks, NBFCs Light Up Season With Special Offers

Banks, NBFCs Light Up Season With Special Offers

Rediff.com24 Sep 2025

Banks and NBFCs are launching festival offers, including lower loan rates, cashback, EMI schemes and GST-linked benefits to tap rising demand ahead of Diwali

FDA raids 20 pharmacies in Pune over illegal cough syrup sales

FDA raids 20 pharmacies in Pune over illegal cough syrup sales

Rediff.com10 Oct 2025

Following deaths allegedly linked to contaminated cough syrup, Pune FDA initiates action against pharmacies selling without prescriptions and prohibits stock from a Gujarat-based firm.

TCS Q2 FY26 net up 1.4% to Rs 12,075 cr; revenue rises to Rs 65,799 cr

TCS Q2 FY26 net up 1.4% to Rs 12,075 cr; revenue rises to Rs 65,799 cr

Rediff.com10 Oct 2025

India's largest IT services firm Tata Consultancy Services (TCS) on Thursday reported a 1.39 per cent increase in consolidated net profit to Rs 12,075 crore in the July-September quarter of this financial year.

Planning To Take Loan Against Shares?

Planning To Take Loan Against Shares?

Rediff.com13 Oct 2025

Investors can meet cash needs without selling their securities.

Why ecom platforms are under govt lens

Why ecom platforms are under govt lens

Rediff.com4 Oct 2025

The Ministry of Consumer Affairs is looking into complaints of additional charges being levied by ecommerce platforms when customers choose cash-on-delivery (COD) option instead of paying while ordering items. "The Department of Consumer Affairs has received complaints against ecommerce platforms charging extra for cash-on-delivery, a practice classified as a dark pattern that misleads and exploits consumers," Pralhad Joshi, Union minister of consumer affairs, wrote on X on Friday afternoon.

GST impact: Tata Motors to cut PV prices by up to Rs 1.45 lakh from Sep 22

GST impact: Tata Motors to cut PV prices by up to Rs 1.45 lakh from Sep 22

Rediff.com6 Sep 2025

Tata Motors on Friday said it will cut passenger vehicle prices ranging between Rs 65,000 and Rs 1.45 lakh effective September 22 to pass on the full benefit of GST reduction to customers. The Mumbai-based auto major said that its small car Tiago will see a price drop of Rs 75,000, Tigor Rs 80,000, and Altroz Rs 1.10 lakh.

5 Reasons Your Start-Up Isn't Growing

5 Reasons Your Start-Up Isn't Growing

Rediff.com28 Aug 2025

Many start-ups crash when they pursue growth without a brand identity, fail to act on market research or rely only on design instead of investing in trust and value, explains Vinayak Burman.

Post-GST relief, Maruti sees small car sales shooting up

Post-GST relief, Maruti sees small car sales shooting up

Rediff.com15 Oct 2025

'We are seeing a lot of people with helmets visiting our showrooms.'

LG Electronics' Rs 11,607-cr IPO garners 54 times subscription

LG Electronics' Rs 11,607-cr IPO garners 54 times subscription

Rediff.com10 Oct 2025

The initial public offering of LG Electronics India Ltd received 54.02 times subscription on the final day of bidding on Thursday, driven by overwhelming participation from institutional buyers.

Verification of burqa-clad women introduced by TN Seshan: EC

Verification of burqa-clad women introduced by TN Seshan: EC

Rediff.com16 Oct 2025

The Election Commission defends its directive to verify the identity of burqa-clad women at Bihar polling stations, citing a 1994 order issued during T N Seshan's tenure.

Khushi, Sanya Get Party-Ready In Grey

Khushi, Sanya Get Party-Ready In Grey

Rediff.com29 Sep 2025

Style yourself in elegant grey ensembles inspired by your favourite celebs.

Startups go vertical in India's qcom race

Startups go vertical in India's qcom race

Rediff.com24 Oct 2025

As the quick commerce (qcom) race hots up, a new model - vertical qcom - is gaining investor attention. Unlike horizontal players such as Blinkit, Zepto, and Swiggy Instamart, which stock everything from groceries to gifts and gadgets, vertical platforms focus on depth over breadth.

AI Threat: 2 Million Tech Jobs At Risk

AI Threat: 2 Million Tech Jobs At Risk

Rediff.com20 Oct 2025

To turn disruption into opportunity, NITI Aayog has recommended the launch of a National AI Talent Mission to make India the AI workforce capital of the world.

'GST 2.0 Great Opportunity For Insurance Biz To Make Products Affordable'

'GST 2.0 Great Opportunity For Insurance Biz To Make Products Affordable'

Rediff.com3 Nov 2025

'The government is putting insurance in the same category as food, which is essential for life.' 'Now this is an opportunity for the sector to focus on the consumer.'

Indian exporters likely to gain from US-China trade war escalation: Experts

Indian exporters likely to gain from US-China trade war escalation: Experts

Rediff.com11 Oct 2025

The escalating trade war between the US and China is expected to benefit Indian exporters in increasing their shipments to the American market, according to experts. Federation of Indian Export Organisations (PTI) President S C Ralhan said that imposition of higher tariffs by the US on China will shift demand towards India, which exported goods worth Rs 86 billion to the US in 2024-25.

Tata Capital's Rs 15,512 cr IPO subscribed 1.95 times

Tata Capital's Rs 15,512 cr IPO subscribed 1.95 times

Rediff.com8 Oct 2025

The initial public offering of non-banking financial company Tata Capital Ltd got fully subscribed on the final day of bidding on Wednesday. The company's Rs 15,512 crore share sale received bids for 45,84,78,044 shares against 33,34,36,996 shares on offer, translating into 1.38 times subscription, according to NSE data till 13:36 hours.

Improving asset quality, healthy loan growth positives for ICICI Bank

Improving asset quality, healthy loan growth positives for ICICI Bank

Rediff.com28 Oct 2025

ICICI Bank delivered satisfactory results in the second quarter of 2025-26 (Q2FY26), sustaining return on assets (RoA) of around 2.3-2.4 per cent and improving asset quality. Provisions declined 26 per cent year-on-year (Y-o-Y) and 50 per cent quarter-on-quarter (Q-o-Q).

Is Paytm Out Of The Woods?

Is Paytm Out Of The Woods?

Rediff.com2 Oct 2025

'This marks a turning point for Paytm, with the regulatory environment looking much clearer than it has been in the last two years.'

Home Loans: Banks Roll Out Festive Offers

Home Loans: Banks Roll Out Festive Offers

Rediff.com6 Oct 2025

'Do exhaustive research and then select the one that best fits your budget and requirements.'

Deepika, Bhumi Go Royal With Blue

Deepika, Bhumi Go Royal With Blue

Rediff.com25 Sep 2025

Day three of Navratri is marked by Royal Blue, whichsignifies richness and royalty.

Maruti Suzuki expands SUV lineup with new 'Victoris'

Maruti Suzuki expands SUV lineup with new 'Victoris'

Rediff.com3 Sep 2025

Maruti Suzuki India on Wednesday expanded its product range in the country with the launch of all-new 'Victoris' as it looks to enhance its presence in the robustly growing mid-sized SUV segment.

HC stays K'taka order capping movie ticket prices at Rs 200

HC stays K'taka order capping movie ticket prices at Rs 200

Rediff.com23 Sep 2025

The Karnataka high court stayed enforcement of the Karnataka Cinemas (Regulation) (Amendment) Rules, 2025, which fixed a cap for movie ticket prices at Rs 200 across the state.

HC stays K'taka rule capping movie ticket prices at Rs 200

HC stays K'taka rule capping movie ticket prices at Rs 200

Rediff.com23 Sep 2025

The Karnataka High Court has stayed the enforcement of a rule that capped movie ticket prices at Rs 200 across the state, following a petition by the Multiplex Association of India and other cinema stakeholders.

Physical AI: The Next Big Leap in Manufacturing

Physical AI: The Next Big Leap in Manufacturing

Rediff.com18 Oct 2025

Physical AI equips machines with the ability to perceive, learn, and act in the real world by integrating AI algorithms with sensors and actuators in physical systems like robots and vehicles.

Nora, Shraddha Glow In Sindoor Red

Nora, Shraddha Glow In Sindoor Red

Rediff.com24 Sep 2025

The colour red, which is worn on this day, is reminiscent of sindoor and represents passion and courage.

GST 2.0: Renault to cut vehicle prices by up to Rs 96,395 from Sep 22

GST 2.0: Renault to cut vehicle prices by up to Rs 96,395 from Sep 22

Rediff.com6 Sep 2025

Renault India on Saturday said it will reduce prices of its vehicles by up to Rs 96,395 to pass on full benefit of the recent GST rate cut to buyers. The GST Council, earlier this week, approved limiting slabs to 5 per cent and 18 per cent, effective from September 22.

Mukesh Ambani promises to pass on GST relief to consumers

Mukesh Ambani promises to pass on GST relief to consumers

Rediff.com4 Sep 2025

Billionaire Mukesh Ambani on Thursday termed the second-generation GST reforms as a big booster to consumption-driven growth while his firm promised to pass on the benefit of the cut in tax rates to consumers.