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GOLD BARS SMUGGLING
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...- 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...
- 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...
- Govt imposes import curbs on silver amid push to tighten precious metals inflowsNew government restrictions target silver imports. The Centre is also tightening rules for duty-free gold imports by jewellery exporters. T...
- Delhi: American national of Indian origin held at IGI Airport with 115 gold bars hidden in specially designed beltIn a significant crackdown, customs agents at Delhi's IGI Airport intercepted an American of Indian descent, discovering a staggering 115 g...
- Duty hike may bring out more old gold into marketIndustry executives said promoting sales of lower carat jewellery like 14K and 9K can reduce imports by 20-30%, and discouraging investment...
- Explainer: Why India's higher tariffs are unlikely to dent gold, silver demandIndia has increased import duties on gold and silver to 15 percent. This move aims to reduce imports and protect foreign exchange reserves....
- Gold import duty hike inflates prices, raises smuggling risk: Gem & Jewellery Export Promotion CouncilThe Gem and Jewellery Export Promotion Council has urged the government to discuss ways to control gold imports. They state that increasing...
- 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...
- Mumbai airport: 30 kg gold worth Rs 38 crore caught by customs from 24 women. Here's how they concealed gold bars and jewelleryThe Directorate of Revenue Intelligence (DRI) seized 29.37 kg of gold worth Rs 37.74 crore and arrested 24 carriers at Mumbai Airport. This...
- Gold worth Rs 800 crore smuggled into India from LAC over 2 years: EDA major gold smuggling operation has been uncovered. The Enforcement Directorate is investigating the racket across the India-China border....
- Gold smuggling case: Rejecting ministers' links an attempt to influence probe, says BJPBJP leader R Ashoka criticizes Deputy CM D K Shivakumar for dismissing reports of ministers' involvement in a gold smuggling case before th...
- Bengaluru: After Ranya Rao, a visually impaired man arrested for smuggling nearly 4 kg gold worth Rs 3.5 crore at Kempegowda airportA visually impaired man was arrested at Kempegowda International Airport for smuggling gold worth ₹3.44 crore from Dubai. This came a day a...
- 'Key operator' of international gold smuggling racket brought to India from UAE: CBIMuniyad Ali Khan, a key figure in an international gold smuggling racket, was extradited from the UAE to India. He is accused of conspiring...
- 108 kg gold bar route: Smuggled from 7 nations to Tibet, then IndiaGold smuggling from the gulf countries and sea routes is common but the recent incident in eastern Ladakh suggests that smugglers might be ...
- Gold refiners go more than a month without bullion salesRefiners, who import impure or dore bars for refining, alleged that there has been a significant rise in smuggled gold in the Indian market...
- Gold smuggling cases on the rise at Hyderabad airportThe Rajiv Gandhi International Airport (RGIA) has seen a surge in gold smuggling and in a majority of cases, the smuggler is only a carrier...
- Gold smuggle: Customs raise vigil as airport staff role emergeOn April 1, Ganpat Shinghade, working at housekeeping services at the airport, was caught with 5 kg of gold by a CISF constable.
- 80% dip in gold imports linked to rampant smugglingIn the last two months alone, Indian agencies have siezed 150 consignments of gold totaling over 500kg at various airports and sea ports.
- Government's attempts to rein in gold imports fuel smugglingThe high import duty on standard bars has resurrected gold smuggling, bringing back the tola bars, which are difficult to trace.
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