The recent spike in import duties in India has inadvertently fueled a rise in gold smuggling activities. Traders are noting a marked increa...

Maharashtra CM Devendra Fadnavis traveled to Shirdi via Vande Bharat Express, aligning with PM Modi's call for reduced fuel consumption and...

India's gold demand faces a significant drop this year. The World Gold Council predicts a contraction of 50 to 60 tonnes. This decline foll...

Industry executives said promoting sales of lower carat jewellery like 14K and 9K can reduce imports by 20-30%, and discouraging investment...

The framework shifts regulatory focus away from ex-ante approvals toward compliance, transparency and consumer protection obligations at re...

India's gold discounts hit a record over $200 an ounce Wednesday. This followed a sharp import duty increase to 15%. Higher local prices pr...

India has increased import duties on gold and silver to 15 percent. This move aims to reduce imports and protect foreign exchange reserves....

Gold prices surged on Wednesday, May 13, 2026, following a government increase in customs duty from 6% to 15% to curb imports. This duty hi...

Gold import duty hike: The Indian gems and jewellery sector anticipates difficulties following a significant increase in gold import duty t...

India has significantly raised import duties on gold and silver. This move aims to reduce foreign exchange outflow and ease pressure on res...

The Directorate of Revenue Intelligence (DRI) seized 29.37 kg of gold worth Rs 37.74 crore and arrested 24 carriers at Mumbai Airport. This...

DRI officials at Mumbai airport apprehended a passenger arriving from Bangkok, discovering 6.7 kg of concealed gold bars worth Rs 6.3 crore...

Customs officials at Mumbai's CSMI Airport seized over 2 kg of smuggled gold worth ₹1.48 crore in two separate incidents. One passenger con...

DRI seized 212 kilos of contraband gold in Mumbai in fiscal year 2019 (FY19) and, in the current fiscal to date, the tally in the city stan...

An advanced electronic system has been made operational at five international airports across the country to keep tabs on suspicious passen...

With a rise in customs duty on gold imports, smugglers have been resorting to extreme measures to sneak in small amounts of the precious me...

Gone are the days when smugglers used to deal in gold and hawala. Now it's diesel and kerosene.