News for 'customs officials'

RBI officials quizzed over 20:80 gold import scheme

RBI officials quizzed over 20:80 gold import scheme

Rediff.com5 Apr 2018

The four officials were asked questions related to the UPA government's '20:80' gold import scheme, which was cleared by Chidambaram on May 13, 2014, barely three days before the counting of votes of the general election

After Reliance-bp, Nayara Energy sells petrol, diesel at Re 1 less than PSUs

After Reliance-bp, Nayara Energy sells petrol, diesel at Re 1 less than PSUs

Rediff.com30 May 2023

After Reliance Industries Ltd and its partner bp plc of the UK, Nayara Energy - the nation's largest private fuel retailer - has started selling petrol and diesel at Re 1 less than the fuel sold by state-owned retailers, officials said. While state-owned Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) continue to hold prices despite a drop in international rates, private fuel retailers have started passing on the benefit to consumers. "To further stimulate domestic consumption and cater to local customers better, we have introduced a Re 1 discount in our retail outlets until the end of June 2023," a spokesperson for Nayara Energy said.

Parl panel head bats for keeping tribals out of UCC ambit

Parl panel head bats for keeping tribals out of UCC ambit

Rediff.com3 Jul 2023

Uniform Civil Code is aimed at replacing personal laws based on religions, customs, and traditions with one common law for everyone irrespective of religion, caste, creed, sexual orientation, and gender. Personal laws and laws related to inheritance, adoption and succession are likely to be covered by a common code.

Kerala dance row: Devaswom in damage control mode, talks to stakeholders

Kerala dance row: Devaswom in damage control mode, talks to stakeholders

Rediff.com31 Mar 2022

He, however, made it clear that a sudden change cannot be expected as it was a "sensitive matter" related to an age-old custom and tradition.

Top Ispat official, wife trapped in hotel

Top Ispat official, wife trapped in hotel

Rediff.com27 Nov 2008

Vinod Garg, executive director, commercial, Ispat Industries, and his wife were at a business dinner with the company's foreign customers when terrorists attacked the hotel on Wednesday night.

Russia becomes India's premier oil supplier but Saudi is not losing sleep

Russia becomes India's premier oil supplier but Saudi is not losing sleep

Rediff.com1 Dec 2022

A few years ago, when top officials of Indian state-run refiners went to Dubai to negotiate a crude oil supply contract, a senior official from state-owned Saudi Aramco told them, "We can negotiate on anything, but I am the last man standing for you. "Nobody can offer the range of crudes we do with certainty," an official who was part of the negotiating team recalls. Perhaps that explains why Saudi Arabia is less concerned about losing its place as India's premier oil supplier to an upstart like Russia, which emerged from nowhere to become India's biggest crude oil supplier in September and October.

Chennai: Diamonds worth Rs 35 lakh seized

Chennai: Diamonds worth Rs 35 lakh seized

Rediff.com10 Feb 2007

He told officials he was taking the diamonds to Bangkok to selling on Valentine's day.

Seizure notice for Anil Ambani's aircraft

Seizure notice for Anil Ambani's aircraft

Rediff.com16 Jul 2008

Anil Ambani Group company has offered a bank guarantee and indemnity bond for the aircraft, but the Customs officials have that said that it is not possible without the seizure notice.

Sports secy tells Kalmadi to suspend 2 officials

Sports secy tells Kalmadi to suspend 2 officials

Rediff.com3 Aug 2010

The Centre on Tuesday directed Suresh Kalmadi, convener of the Commonwealth Games, to relieve immediately T S Darbari and Dr Sanjay Mahindroo, senior officials holding high positions in the CWG Organising Committee, on alleged corruption charges.

Indian family found dead near US-Canada border yet to be identified

Indian family found dead near US-Canada border yet to be identified

Rediff.com2 Apr 2023

Bodies of eight persons were found on Friday in a marsh on the riverbank near Akwesasne, a community which straddles Quebec, Ontario and New York state.

Why Consumers Are Denied Discounts From Russian Crude

Why Consumers Are Denied Discounts From Russian Crude

Rediff.com17 Mar 2023

Officials from State-run refiners contend that savings from purchase of Russian oil are used to offset a part of the losses in revenues from selling transport fuels and LPG at State-set rates.

Rs 62,000 Crore GST Evasion Detected

Rs 62,000 Crore GST Evasion Detected

Rediff.com26 Dec 2022

'There are unscrupulous traders who create fake invoices by showing bogus e-way bills, movement of goods.' 'Since the entities registered across different states, and kept on changing their numbers, tracing them was difficult.'

India probes eye drop linked to vision loss in US

India probes eye drop linked to vision loss in US

Rediff.com4 Feb 2023

A three-member team each from the Central Drugs Standard Control Organisation (CDSCO) and the State Drug Controller visited the plant in Tamil Nadu's Kancheepuram, 40 km from Chennai, on Friday after the company recalled the eye drop.

Mumbai police bust sex tourism racket at city airport

Mumbai police bust sex tourism racket at city airport

Rediff.com20 Oct 2021

The police also rescued two women, who were scheduled to go to Goa with dummy customers, after the racket was busted on Monday evening, a senior official said.

How Long Will GST Growth Continue?

How Long Will GST Growth Continue?

Rediff.com27 Oct 2022

It is now becoming increasingly clear that rising imports have played a significant role in sustaining the buoyancy in revenues from GST, notes A K Bhattacharya.

India imposes 20% export duty on non-Basmati rice

India imposes 20% export duty on non-Basmati rice

Rediff.com8 Sep 2022

The government on Thursday imposed a 20 per cent export duty on non-Basmati rice except for parboiled rice to boost domestic supplies amid a fall in area under the paddy crop in the current Kharif season. According to a notification by the revenue department, an export duty of 20 per cent has been imposed on 'rice in husk (paddy or rough)' and 'husked (brown) rice'. The Central Board of Indirect Taxes & Customs further said the export of 'semi-milled or wholly-milled rice, whether or not polished or glazed(other than Parboiled rice and Basmati rice)' will also attract a customs duty of 20 per cent.

Indian man detained at US airport dies in custody

Indian man detained at US airport dies in custody

Rediff.com19 May 2017

Patel was denied entry into the country as he did not possess the necessary immigration documents.

Now, PAN As A Single Business ID

Now, PAN As A Single Business ID

Rediff.com19 Jan 2023

'Each state and central government body may be asked to update its system to ensure PAN is used as a common identification to access its services.'

Container with suspected fake currency held

Container with suspected fake currency held

Rediff.com6 Jul 2009

The Department of Revenue Intelligence, Customs and Central Excise have intercepted a container at Cochin, which had arrived from Dubai, suspecting that it is carrying counterfeit currency notes. The owner of the consignment had told the Customs officials that the container had children's diapers and it was brought from China after conducting all clearances, informed sources.

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.

Current account deficit likely to narrow in 2023

Current account deficit likely to narrow in 2023

Rediff.com20 Jan 2023

Lead indicators suggest that domestic current account deficit (CAD) is likely to reduce in 2023, while macro-economic stability has received a boost from inflation being brought back to the official tolerance band, according to the Reserve Bank of India's (RBI's) January 2023 Bulletin. "With the merchandise trade deficit reaching an all-time high of $83.5 billion in a quarter, and a rise in net outgo from the income account, the current account deficit increased to 4.4 per cent of GDP in Q2FY23," the State of the Economy article in the bulletin said. "It is noteworthy, however, that the CAD for Q1 was revised down from 2.8 per cent to 2.2 per cent on account of downward adjustment in Customs data.

Artefacts from Himachal, Gujarat among Modi's gifts to G20 leaders

Artefacts from Himachal, Gujarat among Modi's gifts to G20 leaders

Rediff.com16 Nov 2022

Artworks and traditional items representing the rich heritage of Gujarat and Himachal Pradesh were Prime Minister Narendra Modi's choice of presents to world leaders during the G-20 summit in Bali.

Good news for those planning to buy a house

Good news for those planning to buy a house

Rediff.com17 Sep 2021

With an eye on the coming festive season, leading public sector bank State Bank of India will provide home loans to its customers at concessional interest rates. SBI chief general manager (CGM) Umesh Kumar Pandey informed that this drive to provide home loans at concessional interest rates will be completed in two phases, an official release said on Thursday. The first phase will be operated from September 1 to October 31, while the second phase will be operational from November 1 to December 31, it said.

EU Withdrawal Bill officially becomes law to make way for Brexit

EU Withdrawal Bill officially becomes law to make way for Brexit

Rediff.com26 Jun 2018

House of Commons Speaker John Bercow told MPs that the bill had received Royal Assent, which involves Queen Elizabeth II's final approval required to make it an Act of Parliament.

1993 blast case: 11 convicts surrender before TADA court

1993 blast case: 11 convicts surrender before TADA court

Rediff.com17 Apr 2013

Eleven convicts of the 1993 Mumbai serial blasts case, who were out on bail, on Wednesday surrendered before the designated Terrorist and Disruptive Activities court here following the dismissal of their appeals by the Supreme Court.

It's official: Ola will go for IPO in next few years

It's official: Ola will go for IPO in next few years

Rediff.com4 Mar 2020

The Bengaluru-based firm competes with US rival Uber whose lukewarm IPO last year has contributed to the lag in valuation trend among the unicorns across the Indian start-up ecosystem.

HDFC Bank to launch slew of digital initiatives

HDFC Bank to launch slew of digital initiatives

Rediff.com25 Apr 2022

Having issued over 21 lakh cards since lifting of curbs last year, the country's largest private sector lender HDFC Bank is planning to launch a slew of digital initiatives over the next few quarters, a top official said. The Reserve Bank had barred HDFC Bank from issuing new credit cards following incidents of outages in the lender's internet banking /mobile banking/ payment utilities over the previous two years. The curbs were partially lifted after eight months in August last year. Finally, in March 2022, the RBI lifted all restrictions placed on the bank, including digital launches.

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.

FIFA scam: Nike says no company officials received any kickbacks

FIFA scam: Nike says no company officials received any kickbacks

Rediff.com29 May 2015

"There is no allegation in the charging documents that any Nike employee was aware of or knowingly participated in any bribery or kickback scheme," the company said.

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.

Big spurt in aircraft orders by 2012: Official

Big spurt in aircraft orders by 2012: Official

Rediff.com2 Sep 2008

Kiran Rao, company's executive vice-president for sales, marketing and customer affairs, also said that government-owned Air India and private carriers Jet Airways and Kingfisher Airlines will create a niche in the global market due to their quality service in the next few years despite stiff international competition.

Indians' funds in Swiss banks soars by 50% to over Rs 30,000 cr

Indians' funds in Swiss banks soars by 50% to over Rs 30,000 cr

Rediff.com17 Jun 2022

Funds parked by Indian individuals and firms in Swiss banks, including through India-based branches and other financial institutions, jumped to a 14-year-high of 3.83 billion Swiss francs (over Rs 30,500 crore) in 2021 on a sharp surge in holdings via securities and similar instruments while customer deposits rose as well, annual data from Switzerland's central bank showed on Thursday.

Rs 653 cr import duty evasion notice slapped on Xiaomi

Rs 653 cr import duty evasion notice slapped on Xiaomi

Rediff.com5 Jan 2022

Chinese phone maker Xiaomi's India unit has been slapped with a Rs 653 crore notice for alleged evasion of import duty, as per an official statement. A show-cause notice has been slapped on Xiaomi India following recovery of documents during searches on its premises that indicated remittance of royalty and licence fee to US and Chinese firms under contractual obligations, the union finance ministry said on Wednesday. Replying to an email query, a Xiaomi spokesperson said, "At Xiaomi India, we give utmost importance to ensuring we comply with all Indian laws.

'They will kill us, lynch us'

'They will kill us, lynch us'

Rediff.com8 Aug 2023

'The Manipur government is a government now ruled by the mob.'

First NATO trucks cross Pak border after blockade lifted

First NATO trucks cross Pak border after blockade lifted

Rediff.com5 Jul 2012

For the first time in seven months, trucks carrying supplies for NATO troops crossed from Pakistan to Afghanistan on Thursday after authorities in Islamabad lifted a blockade of the vital routes ending a bitter standoff with the United States.

Lockheed Martin proposes custom-built fighter jets to be made in India

Lockheed Martin proposes custom-built fighter jets to be made in India

Rediff.com20 Jan 2018

Noting that the India-specific fighter on offer and its programme's size, scope and success will enable Indian industry to take advantage of unprecedented manufacturing, upgrade and sustainment opportunities well into the future, Lall said the platform will give Indian industry a unique opportunity to become a part of the world's largest fighter aircraft ecosystem.

Indo-Pak tension casts a shadow on border trade

Indo-Pak tension casts a shadow on border trade

Rediff.com18 Jan 2013

According to customs officials, the cross-border movement of trucks will drop further.

Govt is selling guns to MPs facing murder charges!

Govt is selling guns to MPs facing murder charges!

Rediff.com16 Jan 2013

Between 1987 and 2012, 756 guns that have been given to MPs and VIPs across India. Vicky Nanjappa reports

'93 blasts: 7 get 5 years to life term

'93 blasts: 7 get 5 years to life term

Rediff.com29 May 2007

The Terrorist and Disrutive Activities Act (Prevention) Court on Tuesday sentenced seven persons for their role in 1993 Mumbai serial blasts, including four former customs officers, to prison terms ranging from five yrs rigorous imprisonment to life.