News for 'customs act'

Drunk woman strips on Vistara flight, punches crew

Drunk woman strips on Vistara flight, punches crew

Rediff.com31 Jan 2023

When the crew members tried to stop the woman from misbehaving, she allegedly punched one of them in the face and spat on another staffer, the official said.

'Our Aim Is Housing Finance's Siginficant Role In Economic Growth'

'Our Aim Is Housing Finance's Siginficant Role In Economic Growth'

Rediff.com1 Oct 2023

'We are working with a few housing finance companies to drive affordable lending because that's where we believe our sweet spot is.'

Lessons To Be Learnt From Nitin Desai's Death

Lessons To Be Learnt From Nitin Desai's Death

Rediff.com25 Aug 2023

We must stop stigmatising business failures. Particularly when startups are mushrooming all around, the financial system, backed by the RBI and the government, can explore ways of extending support to restart the journey of a failed entrepreneur by finance as well as counselling, recommends Tamal Bandyopadhyay.

The Crown Has Lost Its Way

The Crown Has Lost Its Way

Rediff.com21 Nov 2023

Was descending into the telling of only Diana's tale in four long, slightly-draggy soap-opera-ish episodes of the last season the original premise of The Crown? asks Vaihayasi Pande Daniel.

HDFC Bank plans digital launches in 2-3 qtrs

HDFC Bank plans digital launches in 2-3 qtrs

Rediff.com23 Mar 2022

With the banking regulator lifting restrictions on HDFC Bank's digital initiatives, the largest private sector lender is now girding up to launch a clutch of customer-facing applications (apps), which will act as stepping stones in its journey to morph into a technology (tech)-led bank from a conventional one. Following repeated outages in its digital offerings, the Reserve Bank of India (RBI) had barred HDFC Bank from issuing new credit cards in December 2020 and prevented it from going ahead with its digital launches. The embargo on issuing credit cards was lifted in August 2021 and the ban on digital launches was lifted last week.

'The only hope is Uniform Civil Code'

'The only hope is Uniform Civil Code'

Rediff.com24 Jul 2023

'UCC should be across India and legally applicable to every Indian citizen.'

BSF's writ extended till 50 km in Punjab, Bengal, Assam

BSF's writ extended till 50 km in Punjab, Bengal, Assam

Rediff.com13 Oct 2021

In a move aimed at maintaining 'zero tolerance' against terrorism and cross border crimes, the Centre has empowered the Border Security Force to conduct searches, arrest suspects and make seizures up to an area of 50 km inside Indian territory from the international border along India-Pakistan and India-Bangladesh borders.

RBI asks Paytm Payments Bank to stop opening new accounts

RBI asks Paytm Payments Bank to stop opening new accounts

Rediff.com11 Mar 2022

The RBI on Friday asked Paytm Payments Bank to stop opening new accounts amid "material supervisory concerns" observed in the bank. "Reserve Bank of India has today, in exercise of its powers, inter alia, under section 35A of the Banking Regulation Act, 1949, directed Paytm Payments Bank Ltd to stop, with immediate effect, onboarding of new customers," the central bank said in a statement. The bank has also been directed to appoint an IT audit firm to conduct a comprehensive system audit of its IT system.

SC rejects legal status for same-sex marriage, bats for queer rights

SC rejects legal status for same-sex marriage, bats for queer rights

Rediff.com17 Oct 2023

Directing the Centre, states and Union Territories (UTs) to ensure the queer community is not discriminated against, the CJI, who is heading the constitution bench, said queer is a natural phenomenon known for ages and is neither urban nor elitist.

The Coming Corporate Battles In 2023

The Coming Corporate Battles In 2023

Rediff.com11 Jan 2023

India Inc is gearing up for a slugfest this year and from tech to paints, new battlegrounds are emerging, observes Indrajit Gupta, co-founder, Founding Fuel.

Parliamentary panel robs etailers of immunity for fake products

Parliamentary panel robs etailers of immunity for fake products

Rediff.com23 Jul 2022

The draft e-commerce rules released last year held e-commerce marketplace responsible if a seller on its platform failed to deliver the goods or services ordered by a consumer "due to negligent conduct, omission or commission of any act by such seller", causing loss to the consumer.

Lessons For Banks To Learn From SVB Collapse

Lessons For Banks To Learn From SVB Collapse

Rediff.com5 Apr 2023

The difference between what the banks play in the US and India is not that of soccer and football but rugby and football. SVB also has a unique character. But when risks are mispriced, the fallout could be very similar, points out Tamal Bandyopadhyay.

Jessop chief Pawan Ruia in DRI net

Jessop chief Pawan Ruia in DRI net

Rediff.com2 Jun 2005

Noted industrialist Pawan K Ruia, who had bought public sector engineering giant Jessop through National Democratic Alliance's divestment scheme

Zwigato Review: Kapil Sharma's Wow Performance!

Zwigato Review: Kapil Sharma's Wow Performance!

Rediff.com17 Mar 2023

A far cry from his playing-to-the-gallery comedian, Kapil Sharma emerges as a heartfelt picture of aspiration and annoyance, feels Sukanya Verma.

Tax notice slapped on 350 firms

Tax notice slapped on 350 firms

Rediff.com7 Oct 2004

'We are looking at flying an Indian into space'

'We are looking at flying an Indian into space'

Rediff.com8 Dec 2023

'It's vital that over the next 10 years, that India, the US and the Artemis Accords family of nations come together to ensure that we not only return humanity to the moon, but that we build the technology that will allow us stay there permanently.' 'And then go on to Mars.'

NCB busts Zambada, biggest LSD cartel on darknet, arrests 3

NCB busts Zambada, biggest LSD cartel on darknet, arrests 3

Rediff.com1 Aug 2023

The Narcotics Control Bureau on Tuesday claimed to have busted the "biggest" darknet-based LSD cartel operating in India with the seizure of more than 13,000 blots and Rs 26 lakh in cash and the arrest of three persons.

ED raids BYJU's CEO, seizes 'incriminating material'

ED raids BYJU's CEO, seizes 'incriminating material'

Rediff.com29 Apr 2023

The Enforcement Directorate on Saturday said it has searched the Bengaluru-located office and residential premises of Edtech major BYJU's and its CEO and co-founder Raveendran Byju and seized 'incriminating' documents and digital data as part of a foreign exchange violation probe.

6 cops among 12 hurt after violence during Muharram processions in Delhi

6 cops among 12 hurt after violence during Muharram processions in Delhi

Rediff.com30 Jul 2023

Twelve people, including six police personnel, were injured in the clashes, they said.

'India Is Ready For The World!'

'India Is Ready For The World!'

Rediff.com27 Sep 2023

'Never in the history of Indian cinema did we have a distribution system for 240 countries, but we have it now.' 'And if we still keep catering to the B and C-tiers of our country, and not the whole world, then we are really being losers.' 'The visionaries of the industry must pull up their socks and say that now we will create for the world.'

Govt reduces duty drawback rates on 403 items

Govt reduces duty drawback rates on 403 items

Rediff.com1 Apr 2003

The government on Tuesday announced the reduction in duty drawback rates for 403 items from April 7, but kept the rates same for 401 other items.

India to amend IT Act for greater data protection

India to amend IT Act for greater data protection

Rediff.com16 Oct 2006

With incidents of data pilferage threatening India's image as an outsourcing destination, the government on Monday approved amendments in the IT Act, 2000 to check information theft and online frauds.\n\n

Farmer takes on cybercriminal, recovers lakhs lost in fraud

Farmer takes on cybercriminal, recovers lakhs lost in fraud

Rediff.com19 Feb 2023

Pawan Kumar Soni, a 55-year-old farmer based in Sri Ganganagar City in Rajasthan, became a victim of a cyber fraud when his 26-year-old son Harsh Vardhan opened a link from a phishing message that flashed on his mobile phone.

Thousands of toys from Hamleys, Archies fail quality test

Thousands of toys from Hamleys, Archies fail quality test

Rediff.com12 Jan 2023

The government on Thursday said 18,600 toys have been seized in the last one month from major retail stores, including those of Hamleys and Archies, at airports and malls across India for lack of BIS quality mark and use of fake licences. Meanwhile, consumer protection regulator CCPA has also issued notices to three major e-commerce players -- Amazon, Flipkart and Snapdeal -- for alleged violation of toys quality control order, it said. Since January 1, 2021, the government has made it mandatory for toys to conform with safety norms specified by the Bureau of Indian Standards (BIS), a national standard setting body.

Want A Mediclaim Policy For Mental Illness?

Want A Mediclaim Policy For Mental Illness?

Rediff.com28 Mar 2023

'While many policies say that they will cover mental illnesses, the wordings of a few still have mental illness as a permanent exclusion.' 'After the new IRDAI circular, such exclusions should go away.'

PAN details of Dhoni, Shilpa Shetty used in credit card fraud

PAN details of Dhoni, Shilpa Shetty used in credit card fraud

Rediff.com3 Mar 2023

Some of the celebrities whose names and details were used by the fraudsters are Abhishek Bachchan, Shilpa Shetty, Madhuri Dixit, Emraan Hashmi and Mahendra Singh Dhoni, Deputy Commissioner of Police (DCP) of Shahadra Rohit Meena said.

Crypto firms see no long term impact of fall of US banks, investors unsure

Crypto firms see no long term impact of fall of US banks, investors unsure

Rediff.com15 Mar 2023

The collapse of Silvergate Bank, Silicon Valley Bank (SVB) and Signature Bank in the US might create temporary liquidity issues but will not have any significant impact on the Indian crypto market in the long run, officials from several exchanges told Business Standard. All three banks are considered crypto-friendly. SVB offered services such as cryptocurrency custody and lending.

Share of NRIs, overseas investors in mutual fund assets declining

Share of NRIs, overseas investors in mutual fund assets declining

Rediff.com13 Apr 2023

The share of non-resident Indians (NRIs) and overseas investors in Indian mutual funds has been declining over time, despite adding half-a-trillion rupees to holdings over the last five years. Mutual fund holdings for the segment went up from Rs 0.95 trillion as of December 2018 to Rs 1.54 trillion as of December 2022, shows Business Standard analysis of data from the industry body Association of Mutual Funds in India (Amfi). Their share in overall mutual fund assets has fallen from 4.2 per cent to 3.9 per cent during the same period.

SBI plans to position YONO as complete digital bank

SBI plans to position YONO as complete digital bank

Rediff.com11 Mar 2022

The country's largest lender State Bank of India (SBI) will revamp its banking application (app) YONO and position it as a complete digital bank (DB) under a new rubric 'Only YONO' for enhancing customer experience and ease of use. The bank plans to bring in a consultant to help draw up the project plan, keeping in mind business goals for the next five years. With 54 million monthly active users (MAUs), SBI YONO has seen growth of over 35 per cent in MAUs in 2021.

Maha: Poverty-stricken woman sells newborn son for Rs 1.78 lakh

Maha: Poverty-stricken woman sells newborn son for Rs 1.78 lakh

Rediff.com10 Nov 2021

The woman gave birth to the child in September, but was not in a position to take care of him because of her family's poor financial condition, an official from Manpada police station said.

1993 Mumbai blasts: Three convicted, two acquitted

1993 Mumbai blasts: Three convicted, two acquitted

Rediff.com10 Oct 2006

With the conviction of Bhoinkar, Abbas and Shahjahan, the total number of accused found guilty has risen to 35.

IRCTC moves to monetise passenger data

IRCTC moves to monetise passenger data

Rediff.com26 Aug 2022

In a first of its kind move, the Indian Railways Catering and Tourism Corporation (IRCTC), the ticket booking arm of the Indian Railways, is looking to monetise its bank of passenger data while conducting business with private and government companies. IRCTC has a large bank of data related to every online railway ticket ever generated as it is the country's only railway ticketing platform, an IRCTC official told Business Standard. The public sector undertaking, which has sought the services of a consultant to assist with the monetisation process, plans to raise Rs 1,000 crore through this exercise.

Petition in HC against Dinakaran's candidature for RK Nagar bypoll

Petition in HC against Dinakaran's candidature for RK Nagar bypoll

Rediff.com21 Mar 2017

A petition has been filed in the Madras high court against the candidature of All India Anna Dravida Munnetra Kazhagam Deputy General Secretary TTV Dinakaran for the April 12 RK Nagar assembly by-election on the ground he had been penalised in Foreign Exchange Regulation Act cases.

Tunisha's death could be murder, Sheezan tried to convert her: Mom

Tunisha's death could be murder, Sheezan tried to convert her: Mom

Rediff.com30 Dec 2022

She also claimed that her daughter had checked the mobile phone of Khan, with whom she was in a relationship but broke up recently, and found his WhatsApp chats with some other woman, and when Tunisha confronted Khan about it, he slapped her, stating that she was free to do whatever she wanted.

Will the Supreme Court declare the Aadhaar Act a black law?

Will the Supreme Court declare the Aadhaar Act a black law?

Rediff.com11 Jun 2018

Unless the judges factor in the ungovernability of technologies and their beneficial owners, present and future Presidents, prime ministers, judges, legislators and officials handling sensitive assignments may become redundant with reference to their age-old roles for securing 'national resources and assets', warns Dr Gopal Krishna.

The Gloves Are Off In Tamil Nadu

The Gloves Are Off In Tamil Nadu

Rediff.com10 Jul 2023

Stalin is preparing the DMK to go the whole hog in making 'federalism', 'Tamil self-respect' and 'communal cohesiveness' the party's poll plank next year, and package the BJP and its possible allies, as 'divisive' and 'reactionary', predicts N Sathiya Moorthy.

Report info on accounts of 10 terrorists to govt: RBI tells banks

Report info on accounts of 10 terrorists to govt: RBI tells banks

Rediff.com27 Oct 2022

The Reserve Bank on Thursday asked banks and other financial institutions to report to the government details about accounts resembling 10 individuals who have been designated as terrorists by the Union home ministry earlier this month. On October 4, the Union Ministry of Home Affairs (MHA) had designated a total of 10 members of Hizbul Mujahideen (HM), Lashkar-e-Taiba (LeT) and other proscribed outfits as terrorists under the Unlawful Activities (Prevention) Act (UAPA). Those designated as terrorists include Habibullah Malik alias Sajid Jutt, a Pakistani national, Basit Ahmad Reshi, who hails from Jammu and Kashmir's Baramulla but is currently based in Pakistan, Imtiyaz Ahmad Kandoo alias Sajad, who hails from Jammu and Kashmir's Sopore but now lives in Pakistan, Zafar Iqbal alias Salim, who is from Poonch but presently residing in Pakistan, and Sheikh Jameel-ur-Rehman alias Sheikh Sahab, who hails from Pulwama.

Overburdened by debt? This company may be of help

Overburdened by debt? This company may be of help

Rediff.com27 Oct 2022

'There have been many cases where clients have indicated that they feel suicidal as they feel they have no other options to deal with their financial hardship.'

'The expected credit loss model will not dent profits much'

'The expected credit loss model will not dent profits much'

Rediff.com3 Jul 2023

'We will test the waters, ferret out information through our business correspondents, and only then open a branch'