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ILLEGAL GOLD TRADE
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...- Andhra Cabinet gives nod to 34 proposals; boosts aviation, irrigation, industrial developmentThe Andhra Pradesh Cabinet approved 34 proposals, including a new aviation policy, organ transplantation law, and revised funding for the P...
- How Trump has used the presidency to benefit himself and his alliesPresident Trump's administration is reviewing a large fund proposed for supporters. This comes amid scrutiny over various financial dealing...
- India’s gold import duty hike: A double-edged swordIndia has raised gold import duty to 15% and urged citizens to buy less gold. This move targets foreign reserves and the rupee's value. How...
- Gold jewellery to get costlier: Here's how much more you need to pay on your next purchaseIndia has significantly raised import duties on gold and silver. This move aims to reduce foreign exchange outflow and ease pressure on res...
- 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...
- Apple’s Tim Cook takes on crucial new role: Global ambassadorTim Cook steps into a new role as executive chairman, dedicating more time to global diplomacy for Apple. He will engage policymakers world...
- US–Iran War Day 53: Last hours for peace? Ceasefire nears expiry as Trump warns 'bombs will go off' & Iran threatens Hormuz; Markets watch nervouslyIran War Day 53 News: US–Iran war entered day 53 with tensions rising as a fragile ceasefire neared expiry and uncertainty surrounded possi...
- ITC, paints, QSR: Abneesh Roy on what you should buy and avoid right nowConsumer sector outlook for FY27 faces challenges from cigarette tax hikes and crude oil shocks. Abneesh Roy of Nuvama Institutional Equiti...
- CISF seizes Rs 88 lakh worth gold biscuits smuggled at Agartala AirportCISF personnel at Agartala Airport apprehended a passenger attempting to smuggle 740 grams of gold, valued at Rs 88 lakh, concealed within ...
- 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...
- Gold smugglers target hapless Telangana labourers in GulfSince the outbreak of the COVID-19 pandemic, numerous individuals from rural areas of Telangana have ventured to Gulf countries in search o...
- 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.
- Gold smuggling up on higher taxesOrganised jewellers say smaller outlets are sourcing the metal through illegal means.
- Illegal gold chips away at Kerala Jewellers’ BusinessTraders say they’re losing 25-30% business, claim import duty & GST are encouraging illegal trade.
- Siliguri continues to be golden route for gold traffickingAgainst present price of around MMK 541, Eqv. INR 25,800, per 10 Gram of 24 karat gold at Myanmar, it is around INR 30,000 in Indian market.
- 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...
- Black money: Suspicious hawala cash transfers in gold trades prompts Sebi to raid brokersEconomic Offences Wing is awaiting a forensic report from Sebi before considering action against the brokers, a senior police official told...
- 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...
- 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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