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GOLD SMUGGLING IN INDIA
India's gold demand hits six-year low in Q2 despite record spendIndia's gold demand reached a six-year low in the April-June quarter. Record-high prices and increased import duties significantly reduced ...- India's gold demand falls 6 per cent in April-June on weak seasonal demand, higher duty: WGCIndia's gold demand decreased six percent year-on-year during the April-June quarter. This decline occurred despite a significant fifty per...
- Rs 21.5 crore gold, Rs 28.5 crore cash recovered from bus driver's house in West BengalBirbhum Police raided a retired bus driver's home, seizing gold bars and cash. The significant haul included gold worth approximately twent...
- Gold tariff hike boosts grey market, hurts organised trade, says WGCIndia's gold imports have increased through unofficial channels following a tariff hike. This rise widens margins for grey market operators...
- School Assembly News Headlines for July 14: Top national, international, business, education and sports news students should know todaySchool Assembly News Headlines (July 14): India's CBI probes a scholarship scam while Mumbai police bust an extortion racket. India secured...
- No longer just jewellery: How young Indians are rewriting their relationship with goldIndia’s younger generations are increasingly treating inherited gold jewellery as a financial asset rather than a family heirloom. Millenni...
- Ram temple donation probe finds accused built houses, bought SUVs on modest salariesInvestigators uncover a significant financial discrepancy at the Ram Temple in Ayodhya, with accused individuals showing assets far exceedi...
- Guwahati: Polices seize nearly 37 kg of suspected smuggled gold worth around Rs 55 croreGuwahati Police have made a massive seizure of nearly 37 kg of suspected smuggled gold, valued at approximately Rs 55 crore, in the Kharghu...
- Ahmedabad customs recover smuggled gold worth over Rs 4 crore from flight arriving from DubaiAhmedabad customs officials intercepted a significant gold haul. The precious metal was discovered concealed within a speaker box on IndiGo...
- BSF & BGB committed to maintaining peace along Indo-Bangladesh borderIndia's Border Security Force and Border Guard Bangladesh concluded their annual meeting. Both forces committed to peace and stability alon...
- India, Bangladesh reaffirm commitment to secure borders at four-day BSF-BGB conferenceIndia's Border Security Force and Border Guard Bangladesh concluded a four-day meeting reaffirming their commitment to border peace. Both f...
- Issues related to illegal, forcible border crossings discussed during India-Bangladesh talks: BSFIndia and Bangladesh border guards met in New Delhi to address critical issues. Discussions focused on preventing border crimes, including ...
- Gold falls below pre-duty-hike levels as overseas prices dropGold prices in India have fallen significantly, reaching their lowest point since early May. This price drop is expected to encourage more ...
- Why are oil prices up, while gold, silver prices down today along with upcoming US stock market futures crash? US attack, Iran tensions, inflation fears and market reaction explainedWhy are oil prices up, while gold, silver prices down today along with upcoming US stock market futures crash? Global markets moved in diff...
- Gold drops as oil climbs on renewed US-Iran hostilitiesGold prices dropped over 1% as rising oil prices, fueled by renewed U.S.-Iran hostilities, heightened inflation and interest rate hike conc...
- India's gold tariff hike fuels smuggling revival, squeezes banks and refinersIndia's decision to raise gold import duties to 15% is triggering a fresh surge in smuggling, as illegal operators exploit a widening price...
- Smugglers are hard at work as higher duty puts the shine on goldThe recent spike in import duties in India has inadvertently fueled a rise in gold smuggling activities. Traders are noting a marked increa...
- Monetise idle household gold, ease compliance burden to build Viksit Bharat: Kotak MF's Nilesh ShahNilesh Shah of Kotak Mutual Fund suggests India must unlock its vast household gold reserves. He also calls for easing business regulations...
- Import duty hike to decrease India's gold demand by 50-60 tonnes in 2026India's gold demand faces a significant drop this year. The World Gold Council predicts a contraction of 50 to 60 tonnes. This decline foll...
- DRI, Customs officers to intensify vigil on gold smuggling post import duty hikeRevenue intelligence and customs officials are preparing to tighten surveillance across airports, seaports and land borders after India rai...
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