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SMUGGLING TRENDS IN GOLD
Iran war crisis: With long-term vision, India could turn turmoil into triumphIndia confronts an economic crisis driven by global events. Import duties on gold and silver are an initial step. Policymakers warn of crun...14 May, 2026, 11.31 PM IST- India rolls out new gold math with import duty hike. Who will foot the bill?India has sharply raised import duties on gold and silver to 15% from 6% to curb demand, protect the rupee and preserve foreign-exchange re...13 May, 2026, 06.54 PM IST
- India's gold import: How it impacts our economy | An explainerIndia's gold imports are at an all-time high, reaching $71.98 billion in 2025-26. This surge is driven by increased prices and trade agreem...12 May, 2026, 10.26 AM IST
- No plan to hike gold import duty despite Modi's appeal to skip buying, says government officialIndia denies plans to raise gold and silver import duties. Prime Minister Modi urged citizens to avoid gold purchases amid economic pressur...12 May, 2026, 12.53 AM IST
- Bengaluru couple caught smuggling Rs 1.9 crore gold paste using their children; Bizarre details insideBengaluru authorities remain vigilant, thwarting attempts to smuggle gold through innovative means. The use of family members, especially c...11 Jan, 2024, 12.28 PM IST
- Gold smuggling on the rise as high prices boost appeal in IndiaGold in India touched a record high of 39,885 rupees ($563) per 10 grams in early September.13 Dec, 2019, 10.19 AM IST
- Gold smugglers now prefer Europe over Gulf countries: CustomsRecent cases of gold seizure show that smugglers are opting for the European route and newer modus operandi, they said.19 Nov, 2017, 03.38 PM IST
- Five-time jump in gold smuggling; seizure worth Rs 1,120 croreWhat is worrying is that cases of the smuggling have not come down despite the legal import of gold into the country increasing significant...14 Jun, 2015, 02.18 PM IST
- 1,102 gold smuggling cases at Mumbai airport in 12 monthsThe gold smuggled was mostly originated from United Arab Emirates, Singapore, Thailand, Sri Lanka, Taiwan and Iran- Jayant Sinha16 Dec, 2014, 04.45 PM IST
- No proposal to lower gold import duty: Nirmala SitharamanThe quantity of gold imported in 2012-13 was 845 tonnes and in 2011-12 it was 919 tonnes, Minister of State for Finance, Nirmala Sitharaman...25 Jul, 2014, 04.34 PM IST
- Four-time jump in gold smuggling; Rs 245 crore gold seized in 2013-14As many as 40 cases of gold smuggling were registered in 2012-13. The value of gold seized in these cases was about Rs 44.80 crore, accordi...11 May, 2014, 12.54 PM IST
- Ahead of polls, black money comes to Tamil Nadu as goldThe trend had caught the attention of the EC and Coast Guard was alerted about it, said Tamil Nadu chief electoral officer Praveen Kumar.19 Mar, 2014, 12.25 PM IST
- High customs duty: In India, 2,500 kg of gold is being flown in every monthHigh customs duty on gold has skewed the jewellery market in such a way that not only is the yellow metal being smuggled in huge quantities.29 Jan, 2014, 12.14 PM IST
- Financial intelligence agencies sound alert on gold smuggling, underworld gets activeFinMin officials fear that return of gold smuggling will revive Mumbai's underworld, which thrived on the practice until the early 1990s.26 Jan, 2013, 06.56 AM IST
- Finmin wants strict vigil on gold smugglingThe finance ministry has directed its agencies to step up vigil on international borders to check spurt in gold smuggling.21 Dec, 2012, 04.00 AM IST
- Government asks agencies to step up vigil to check gold smugglinghe government has asked its agencies to step up vigil on international borders to check spurt in gold smuggling, Parliament was informed to...20 Dec, 2012, 04.08 PM IST
- 'Black gold' fuels smuggling businessGone are the days when smugglers used to deal in gold and hawala. Now it's diesel and kerosene.14 Jun, 2006, 02.01 AM IST
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