Gold Smuggling

According to sources in the DRI, the actress was caught with 14.8 kg gold on March 3 at the Kempegowda International Airport in Bengaluru on her arrival from Dubai.

3.4 MT of smuggled gold refined, handed to RBI in FY25: FM Sitharaman

According to data compiled by enforcement agencies and reported by Moneycontrol, authorities seized 4,869 kg of smuggled gold in 2023–24, with the Myanmar border emerging as a major trafficking route.

Woman caught at Kochi airport with gold worth Rs 36 lakh concealed in Nivea crème

A woman was intercepted with undeclared gold worth Rs 36 lakh at Kochi airport on January 11.

Seizure of smuggled gold up 43% in first half of FY24, says CBIC chairman

In 2022-23, the Indian authorities had seized 3,800 kilogrammes of smuggled gold

Kerala man fits gold rods in pasta maker in smuggling attempt

A Kerala man was caught at Bengaluru airport with gold worth Rs 35 lakh concealed in a pasta making machine.

Funnycontrol | Return of gold smuggling, most common profession of 1970s & '80s Bollywood villains

In India, of course, gold is an emotion - not just an asset class. Our parents accumulate gold, tell us to accumulate gold and invest in any chit fund simply because it has the word “gold” in it.

High import duty, resumption of flights lead to rise in gold smuggling

Government agencies have detected numerous cases of attempts being made to smuggle in gold and silver. Between April 2022 and February 2023, 3,992 kg of smuggled gold was seized as compared to 2,172 kg in 2021-22.

IndiGo passenger caught smuggling gold worth Rs 69 lakh in slippers. Watch

Customs officials in Bengaluru last week intercepted a traveller who was trying to smuggle gold worth Rs 69.4 lakh into the country.

DRI seizes 2.3 kg of smuggled gold worth Rs 1.32 crore in Hyderabad

The intercepted person had purchased this smuggled gold from Kolkata, the DRI said.

Gold smuggling: UDF leaders head protest marches to collectorates across Kerala

Besides the district headquarters, a protest rally was taken out to the Secretariat, the administrative hub, in the state capital also.

Can gold smuggling be termed as terrorist activity: SC to examine

The petitioner, Mohammad Aslam, who was caught smuggling over 1.5kg gold at Jaipur International Airport has sought stay of arrest, investigation and proceedings in the FIR lodged by the NIA under provisions of UAPA.

Amit Shah hits back at Pinarayi Vijayan, poses questions over gold-dollar smuggling cases

Speaking at the culmination of the BJP's rally 'Vijaya Yathra' at the Shanghumugham Beach, Amit Shah also sought to know if the Chief Minister's Office tried to influence the customs officials in the case.

Gold worth over Rs 70 lakh seized from two plane passengers

The two were found with four cut pieces of foreign-marked gold weighing over 1.3 kg.

Gold smuggling case; agencies probing alleged import of holy books from UAE 'without proper documentation'

Kerala Higher Education Minister K T Jaleel is under the scanner of the central agencies after he publicly claimed that the consignments brought to Thiruvananthapuram during Ramzan month contained Holy Quran for distribution in his constituency, officials said.

Smuggling racket thrusts Kerala’s insatiable love for gold back into spotlight

The unraveling of a smuggling racket originating from the Gulf once again underscores the state’s ungodly penchant for the yellow metal.

Smuggled gold worth Rs 66.27 lakh seized at Hyderabad airport

Based on specific intelligence, DRI sleuths intercepted the passenger who arrived by a flight from Indore at 00:40 am on January 20, a release from the DRI's (Hyderabad Zonal Unit) said.

Gold smuggling on rise along India-Myanmar border: Report

An official of the customs division feels facilitating "free movement" of citizens for a stipulated period from Manipur's border town of Moreh to adjacent Namphalong market in Myanmar has made the conflict-ridden state "more prone to illicit trafficking of contraband gold".

As liquidity rises, gold smuggling regains momentum: Report

According to the research firm GFMS, smuggled gold supply had fallen between November 2016 and mid-March 2017.

Gold worth Rs 8.34 lakh recovered at Jaipur airport

The total recovery from two passengers is of 312 gram gold with a value of Rs 8.34 lakh.

Institutional identity of RBI has been damaged: YV Reddy

Speaking exclusively to CNBC-TV18 Former RBI Governor YV Reddy said that the institutional identity of the banking regulator has been damaged. It is a full-service central bank, he said, adding that the emphasis is only on the monetary policy.

With seizures up, Indian gold smuggling loses its shine

"Gold smuggling was highly profitable....but now with the drop in premiums and tight security, legal imports are increasing," said Milind Lanjewar, additional commissioner of customs intelligence at Mumbai international airport.

Govt tightens gold import baggage norms for passengers

The Customs apprehend that some unscrupulous elements are smuggling gold by hiring eligible passengers to import gold on their behalf. The norms have been tightened following "a spurt in import" of gold by eligible passengers through various airports in the recent past across the country.

India tightens checks to curb gold smuggling

The move could aggravate shortages in the physical market as authorities seize gold without a valid provenance, boosting premiums, which rallied to a record of USD 160 an ounce on London prices late last year.

Customs, intel agencies raise vigil to check gold smuggling

Suspecting an increase in gold smuggling, economic intelligence agencies have alerted field formations at all transit points including airports and international borders to remain vigilant. Customs officials are keeping extra vigil on both cargo and passengers arriving from the Gulf countries and other nations like Malaysia among others

Hike in import duty could encourage gold smuggling: NSEL

The hike in import duty on gold from 4 to 6 per cent could encourage its smuggling and other means of illegally getting the precious metal into the country, a National Spot Exchange Ltd (NSEL) executive said here today.