News for 'US Customs'

Commonwealth Champion Bids Farewell To Her Guns

Commonwealth Champion Bids Farewell To Her Guns

Rediff.com2 days ago

Commonwealth Games gold medallist and Arjuna Awardee Roopa Unnikrishnan gives away the rifles that shaped her brilliant shooting career, hoping they will inspire a new generation of Indian shooters.

India-born man added to FBI's most wanted list in fraud case

India-born man added to FBI's most wanted list in fraud case

Rediff.com4 Sep 2026

India-born Manjit Singh Bedi has been placed on the FBI's most wanted fraudsters list for allegedly orchestrating a significant US government benefits fraud scheme and subsequently fleeing to India.

Some give, some take for Indian automakers in EU FTA

Some give, some take for Indian automakers in EU FTA

Rediff.com3 days ago

India-EU FTA opens a bigger European market for Indian carmakers while giving European brands greater access to India.

Paytm CEO Foresees Increased Profitability From New UPI Charges

Paytm CEO Foresees Increased Profitability From New UPI Charges

Rediff.com16 Sep 2026

Paytm CEO Vijay Shekhar Sharma stated that the government's new Merchant Discount Rate (MDR) on large-value UPI transactions will significantly increase the company's revenue and profitability. The 0.4% fee on UPI transfers exceeding Rs 2,000 to merchants, effective October 15, is expected to give Paytm a competitive edge. Sharma also highlighted the company's focus on generating free cash flow, expanding internationally, and developing proprietary artificial intelligence capabilities to drive future growth.

The 17 Year Old Running A Business For Women

The 17 Year Old Running A Business For Women

Rediff.com1 Sep 2026

Seventeen-year-old Naavya Shah's idea was simple -- source fresh flour from a women-run mill, sell it directly to customers and, wherever possible, put women in charge of the parts of the business they had traditionally been excluded from.

India's Geospatial Sector Gets Boost With Mirai-GreenValley LiDAR Partnership

India's Geospatial Sector Gets Boost With Mirai-GreenValley LiDAR Partnership

Rediff.com16 Sep 2026

GIS intelligence solutions provider Mirai Aerospace Systems and Software Solutions has signed an MoU with US-based GreenValley International Inc to strengthen India's geospatial and LiDAR remote sensing manufacturing base. The collaboration focuses on local assembly, manufacturing, technical support, and the development of AI-driven LiDAR applications, aiming to meet India's growing demand across various sectors.

Government Forms Task Force To Explore Formula 1 Revival In India By 2028

Government Forms Task Force To Explore Formula 1 Revival In India By 2028

Rediff.com15 Sep 2026

India's Sports Minister Mansukh Mandaviya has announced the formation of a 10-member Task Force, chaired by Niti Aayog's Yugal Kishore Joshi, to assess the feasibility and challenges of reviving Formula 1 in the country. The committee aims to develop a roadmap for India to host a Grand Prix by 2028, focusing on sustainable growth, policy interventions, and addressing past issues like taxation. The Adani group, owners of the Buddh International Circuit, will also be involved.

Government Directs No Charges On Small UPI, RuPay Transactions

Government Directs No Charges On Small UPI, RuPay Transactions

Rediff.com15 Sep 2026

The Indian government has mandated that banks and payment providers cannot levy charges on UPI transactions up to Rs 2,000 or on payments made via RuPay debit cards. This directive follows an amendment to the Payment and Settlement Systems Act, 2007, aiming to sustain and expand the digital payments ecosystem.

Buying A Used Car On Loan? Know The Cost

Buying A Used Car On Loan? Know The Cost

Rediff.com15 Sep 2026

Used-car financing has seen significant growth, but borrowers must be aware of higher interest rates, conservative loan-to-value ratios, shorter tenures, and the risk of owing more than the car's depreciated value. Understanding these factors is crucial for making informed decisions.

Finance Ministry Clarifies UPI MDR Policy, Denies Foreign Pressure

Finance Ministry Clarifies UPI MDR Policy, Denies Foreign Pressure

Rediff.com16 Sep 2026

The Finance Ministry has clarified that the decision to impose a 0.4% Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000 was made independently, refuting claims of foreign influence. The ministry stated the policy aims to build a self-sustaining digital payments ecosystem, with MDR funding infrastructure and supporting small merchants.

India Rejects US Influence Claims Over UPI MDR Policy

India Rejects US Influence Claims Over UPI MDR Policy

Rediff.com7 days ago

The Finance Ministry has dismissed allegations of US pressure influencing the 0.4% Merchant Discount Rate (MDR) on select UPI transactions. It clarified that NPCI guidelines prioritise RuPay credit cards on UPI and do not favour international cards. The ministry also asserted that the MDR, applicable to person-to-merchant transactions above Rs 2,000, is unlikely to increase cash transactions or cause inflation, with measures in place to prevent burdening consumers.

Why Customer Experience Is Key For Indian Banks

Why Customer Experience Is Key For Indian Banks

Rediff.com21 May 2026

An EY India report suggests that banks must compete on customer experience and evolve physical branches into phygital advisory hubs. The report highlights the importance of anticipating customer needs and blending digital tools with human interaction.

Tata Curvv EV Just Got Cheaper, And More Attractive

Tata Curvv EV Just Got Cheaper, And More Attractive

Rediff.com10 Sep 2026

The Tata Curvv EV Series X keeps its distinctive coupe-SUV design but becomes a more attractive package with a standard 55kWh battery, more features and a lower starting price of Rs 16.99 lakh.

Mumbai Customs Nabs Banker In Rs 11.8 Crore Drug Bust

Mumbai Customs Nabs Banker In Rs 11.8 Crore Drug Bust

Rediff.com12 Jun 2026

Mumbai Customs has arrested a 29-year-old woman, a private bank employee and beauty pageant runner-up, for allegedly smuggling 11.8 kg of hydroponic weed worth Rs 11.8 crore from Bangkok into India. She was apprehended at CSMIA and has been sent to judicial custody under the NDPS Act.

Maruti Suzuki to hike prices by up to Rs 20,000 on select models, third time since May

Maruti Suzuki to hike prices by up to Rs 20,000 on select models, third time since May

Rediff.com7 Sep 2026

Maruti Suzuki India announced a price hike of up to Rs 20,000 on select models, effective from September 2026, marking its third increase since May, citing continuous increases in input costs and inflationary pressures.

Panel To Decide UPI Charges Above Rs 2,000 For Merchants

Panel To Decide UPI Charges Above Rs 2,000 For Merchants

Rediff.com15 Sep 2026

A high-level committee, including representatives from banks and payment associations, is set to decide on Merchant Discount Rate (MDR) for UPI transactions exceeding Rs 2,000 to merchants. While person-to-person and person-to-merchant transactions up to Rs 2,000 remain free, the move follows a recent amendment to the Payment and Settlement Systems Act, sparking debate and clarification from the Finance Minister that only certain high-value merchant transactions might incur charges.

How TCS Is Advancing AI-Led Manufacturing In India

How TCS Is Advancing AI-Led Manufacturing In India

Rediff.com9 Sep 2026

Tata Consultancy Services (TCS) has inaugurated India's first Industrial Autonomy & Engineering Lab in Pune, a "lights-out factory lab" designed to advance AI-led manufacturing. The facility features a robotic battery pack assembly line, enabling manufacturers to prototype and scale AI-first production systems with minimal human intervention, simulating self-optimising factories.

UPI MDR: Ministry Addresses Concerns Over Cash Transactions And Inflation

UPI MDR: Ministry Addresses Concerns Over Cash Transactions And Inflation

Rediff.com7 days ago

The Finance Ministry has clarified that the 0.4 per cent Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000, effective October 15, is not expected to increase cash transactions or cause inflation. The ministry also dismissed allegations of US pressure influencing the decision, asserting that the policy aims to promote RuPay credit cards within the UPI ecosystem, and a monitoring mechanism will ensure the MDR burden is not passed on to consumers.

US, EU flag India's 'trade barriers' at WTO, citing high tariffs, QCOs, and digital trade curbs

US, EU flag India's 'trade barriers' at WTO, citing high tariffs, QCOs, and digital trade curbs

Rediff.com10 Sep 2026

The United States and the European Union have strongly criticised India's trade policies at the World Trade Organization review, highlighting concerns over high tariffs, quality-control orders (QCOs), and restrictions on digital trade and services, which they argue undermine India's economic openness.

Jaguar Land Rover announces global job cuts, aims for significant savings

Jaguar Land Rover announces global job cuts, aims for significant savings

Rediff.com7 Sep 2026

Tata Group's British luxury carmaker Jaguar Land Rover (JLR) announced plans to reduce its global workforce by approximately 4,000 roles over the next two years, aiming for 1.7 billion in savings to enhance sustainable profitable growth and invest in future technologies.

He Created The MumbaiCha Raja Ganesh Idol

He Created The MumbaiCha Raja Ganesh Idol

Rediff.com7 days ago

Sculptor Akash Tirmal explains how he designed the 22 feet idol of Ganesh Galli's MumbaiCha Raja using Plaster of Paris, without any readymade moulds.

How DNA Molecules Overcome Repulsion To Pair Up

How DNA Molecules Overcome Repulsion To Pair Up

Rediff.com10 Sep 2026

Researchers have for the first time directly visualised how two DNA molecules, despite their identical negative charges, zip together. This breakthrough, achieved using high-powered atomic force microscopy and advanced simulations, confirms the 'DNA zipper' model, revealing that positively charged metal ions act as molecular bridges to facilitate this crucial biological process. The discovery has significant implications for understanding genetic recombination, gene silencing, chromosome packaging, cancer development, and future biotechnology.

Triptii Dimri-AP Dhillon's Day Out With Apple

Triptii Dimri-AP Dhillon's Day Out With Apple

Rediff.com10 Sep 2026

Triptii Dimri and AP Dhillon were spotted at the high-profile Apple launch event in California, where the tech giant unveiled its highly anticipated iPhone 18 Pro series and the groundbreaking foldable iPhone Duo.

Hyundai Eyes 7-8% EV Sales Next Year, Plans New Compact EV

Hyundai Eyes 7-8% EV Sales Next Year, Plans New Compact EV

Rediff.com7 Sep 2026

In August, Hyundai recorded its highest ever domestic sales for the month with 54,396 units sold, marking a 23.6 per cent Y-o-Y increase. The Creta Electric currently anchors Hyundai's mass-market electric portfolio, while the Ioniq 5 caters to the premium end

ED Director Navin Orders Stepped-Up Action Against IBC Fraud And Police FIR Delays

ED Director Navin Orders Stepped-Up Action Against IBC Fraud And Police FIR Delays

Rediff.com16 Sep 2026

The Enforcement Directorate (ED) Director, Rahul Navin, has issued directives to intensify action against Insolvency and Bankruptcy Code (IBC) frauds involving "large haircuts" and to address delays in police registering FIRs based on ED's requests. The agency also aims to fast-track high-profile trials under the Prevention of Money Laundering Act (PMLA) and enhance internal coordination and efficiency.

Sitharaman: GST Council to tackle process reforms, digital economy tax complexities

Sitharaman: GST Council to tackle process reforms, digital economy tax complexities

Rediff.com7 days ago

Finance Minister Nirmala Sitharaman announced that the Goods and Services Tax (GST) Council's October 7 meeting will focus on 'GST 2.0' process reforms, including e-invoicing and input tax credit rules, while also addressing complex issues surrounding the taxation of the digital economy and cryptocurrency.

'You need to suffer': HC denies relief to Thane eatery against FDA action

'You need to suffer': HC denies relief to Thane eatery against FDA action

Rediff.com21 Aug 2026

The Bombay high court has taken a firm stance against a Thane restaurant, denying relief and criticising it for serving banned analogue paneer, underscoring the critical importance of food safety and consumer rights in Maharashtra.

Google Asked To Urgently Remove Fake Bank Web Sites

Google Asked To Urgently Remove Fake Bank Web Sites

Rediff.com22 Aug 2026

Phishing sites mimicked SBI, ICICI Bank and Axis Bank to steal card details and OTPs.

Big Wins, Selfies, Tears And Kisses At The Emmys

Big Wins, Selfies, Tears And Kisses At The Emmys

Rediff.com15 Sep 2026

The 78th Primetime Emmy Awards celebrated the year's top television achievements, creating unforgettable moments.

Customs Agent Sentenced In Import Duty Evasion Case

Customs Agent Sentenced In Import Duty Evasion Case

Rediff.com21 May 2026

A court in Mumbai sentenced a customs clearing agent to two years' imprisonment in four cases of import duty evasion, while acquitting three others due to flawed investigation by the CBI.

Android Gets Smarter This September

Android Gets Smarter This September

Rediff.com4 Sep 2026

Android's September Drop brings smarter AI, easier messaging and practical everyday features.

Ola unveils S1Z EV scooter with made in India battery tech

Ola unveils S1Z EV scooter with made in India battery tech

Rediff.com4 Sep 2026

The new range brings Ola's 46-series LFP cells to its most affordable scooter lineup aimed at India's mass-market electric vehicle (EV) buyers.

The Lawyer Who Quit Her Job To Make Lord Ganeshas

The Lawyer Who Quit Her Job To Make Lord Ganeshas

Rediff.com14 Sep 2026

A third generation murtikar and probably one of the first in her family, Manaswi Bagwe, a self-taught sculptor, is quietly pushing the boundaries of idol-making.

Digital Credit Surges In Tier-2 Cities, Salaried Women Borrow More

Digital Credit Surges In Tier-2 Cities, Salaried Women Borrow More

Rediff.com10 Sep 2026

A new report, the Digital Credit and Inclusion Index (DCII) 2026, reveals that Tier-2 cities are spearheading digital credit adoption in India. The study, a collaboration between Pahle India Foundation and Amazon Pay, highlights that salaried women are borrowing more than men and that digital credit is primarily used for consumption, with limited productive use.

Why Bank CEOs Are Walking Away

Why Bank CEOs Are Walking Away

Rediff.com31 Aug 2026

'There is mis-alignment in strategic thinking of the board and management.' 'As the business environment and customer behaviour evolve rapidly, boards are increasingly looking for leaders who can bring new ideas and challenge legacy approaches.'

'We Get 4 Threats From Terrorists Every Month'

'We Get 4 Threats From Terrorists Every Month'

Rediff.com6 days ago

'...in which our names are written with our phone numbers.'

Why Is Colombo Still Biased Against Jaffna?

Why Is Colombo Still Biased Against Jaffna?

Rediff.com7 days ago

'The way the government behaves, sometimes I ask myself: Are not Tamils Sri Lankans too? Why do you discriminate so much?'

PNB targets wealth management entry by 2027, ramps up credit card portfolio

PNB targets wealth management entry by 2027, ramps up credit card portfolio

Rediff.com11 Sep 2026

State-run Punjab National Bank (PNB) is strategically planning to enter the wealth management segment by early 2027 and significantly expand its credit card portfolio, aiming to tap into lucrative markets largely dominated by private-sector banks.

Salesforce To Sponsor Gukesh-Sindarov World Title Match

Salesforce To Sponsor Gukesh-Sindarov World Title Match

Rediff.com11 Sep 2026

Salesforce has entered a multi-year partnership with FIDE, becoming the title sponsor for the 2026 and 2028 World Championship Matches and the 2027 Women's World Championship Match, and integrating its AI solutions to enhance FIDE's operations, player rankings, and fan engagement.

How Delhi Customs Foiled Rs 2.1 Crore Hydroponic Weed Smuggling Bid

How Delhi Customs Foiled Rs 2.1 Crore Hydroponic Weed Smuggling Bid

Rediff.com6 Jun 2026

Customs officials at Delhi's IGI Airport seized over 6 kg of hydroponic weed, valued at Rs 2.1 crore, from an Indian passenger arriving from Bangkok. The high-potency cannabis was found during baggage screening, leading to a case under the NDPS Act.