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ILLEGAL GOLD IMPORTS
India’s illegal gold imports surge 1,500% after tax hikeIndia's illegal gold imports surged dramatically in the third quarter of 2023, reaching 50 metric tons. This rise is attributed to the gove...- School assembly news headlines for October 20: Top national, international, sports and business updatesOctober 20 (Google Trends): School assembly news headlines for October 20, 2026, cover major national, international, sports and business d...
- School assembly news headlines for October 1: Top India, international, sports and business updatesSchool assembly news headlines for October 1 bring the latest updates from India, international affairs, sports and business. Key stories i...
- Billionaire Brewers owner Mark Attanasio ordered to give up $2million property after Malibu ‘stolen’ sand dispute. Here's what happenedMilwaukee Brewers owner Mark Attanasio is facing a major setback in his Malibu beach dispute after California officials approved a settleme...
- Vijay Deverakonda co-launches Unhype, a skincare brandUnhype has been developed as a functional skincare line for young Indians, particularly the 18-30 age group, with products designed around ...
- Illegal gold imports surge in India: Smuggled gold selling up to Rs 8,000 cheaper is distorting bullion market & hurting legitimate dealersSmuggled gold is distorting India's bullion market, impacting legitimate dealers and jewelers. Higher import duties have made the grey mark...
- Govt likely discussing import duty cut on gold and silver as high tariffs ‘fail’ to curb importsThe government is discussing a possible cut in gold and silver import duties after the higher rates failed to reduce imports and instead co...
- 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...
- 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...
- Govt imposes import curbs on certain colloidal precious metalsThe government has tightened import rules on specific colloidal precious metals. This move aims to curb the illegal entry of gold into Indi...
- Grains for gold: Indian export curbs drive boom in barter smugglingSmuggling of gold for food staples like sugar and grain surges across the India-Bangladesh border. India's export curbs created price dispa...
- Govt hikes import duty on gold to 12.5% from 10%Around 100 -120 tonnes of gold enter into the country through the illegal route.
- Crackdown on gold smuggling leads to drop in discount offered from 5% to 1%James Jose, secretary, Association of Gold Refineries and Mints said the discount has already dropped to 1% and “hopefully by the end of th...
- Siliguri surfacing as major illegal international gold trade hubSiliguri with its unique location at the junction of three international borders, is coming out as a preferred hub for international illega...
- Removal of 80:20 rule: What long-term effect will the new norms have on gold imports?As per World Gold Council data, in the third quarter of 2014, India imported 204 tonnes of gold for domestic consumption, up by 124% from t...
- Illegal gold imports up in April-JuneGold imported illegally into India during the first three months of the current financial year amounted to more than half of that recorded ...
- Jewellery exports to key market US under threat from illicit imports of goldIf US importers find illegal gold in the consignment, then the supplier will be dragged to US court.
- 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.
- Gold smuggling rises heavily as government's efforts to curb gold import backfireThe government's efforts to curb gold imports have resulted in the collateral damage many feared - a resurgence of smuggling.
- DMK sings Opposition tune for rollback of import duty hike on goldDMK joined the Opposition in demanding rollback of hike in import duty on gold from 2% to 4% fearing it would encourage illegal trade of th...
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