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GOLD SMUGGLING IN INDIA
125 gold bars found at Bengal village woman’s home, 7 kg gold in wax found in Mumbai: DRI seizes 42+ kg foreign-origin gold worth Rs 65 crore in a dayDRI seized over 42kg of gold and 10kg of silver in nationwide operations. Twenty-five people, including five foreign nationals, were arrest...- Independence Day 2026: A 1968 gold ban that turned every Indian household into an underground vaultIn 1968, the Gold (Control) Act restricted gold ownership and capped jewellery purity at 14 karats to curb imports and conserve foreign exc...
- Gold, silver, platinum duty earns govt Rs 10,463 crore since May 13Government collected Rs 10,463 crore in customs duty on precious metal imports. Gold imports generated Rs 10,040 crore, while silver and pl...
- Rs 21.5 crore worth gold, Rs 28.5 crore cash seized from bus driver's house in West BengalBirchum Police raided a retired driver's home, seizing significant cash and gold in West Bengal. This wealth is reportedly linked to stone ...
- 8 kg gold worth over Rs 11 crore seized at Kerala airports in one weekCustoms officials in Kerala seized eight kilograms of gold worth over eleven crore rupees during recent enforcement actions. Last week's co...
- 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...
- 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...
- 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...
- Gold smuggling surges in India as price spikes before festivalsGold smuggling into India has surged ahead of the Dhanteras and Diwali festivals due to record-high prices and tight supply, officials said...
- Northeast’s arms smuggling routes now turn goldenArms smuggling took a hit with the decline in insurgency after 2013-14, the DRI report said. “But as the routes and the network of carriers...
- Gold smuggling may rise due to unemployment, cheaper price in neighbour countries: IndustryOnce travel restrictions are withdrawn, smuggling channels will become active with more direct and indirect auxiliary participants, said So...
- World’s biggest lockdown chokes Indian gold smuggling routesIllegal shipments of gold to India are estimated to have slowed to a trickle of about 2 tons a month, and may total about 25 tons this year.
- DRI busts China-based syndicate involved in smuggling gold to India, seizes over 21 kg goldThree people, including a Chinese and a Taiwanese national, have been arrested in connection with the case, the statement issued by the Dir...
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