The government has asked jewellers to provide information on purchases of gold bars or jewellery worth more than Rs 500,000 by the end of this month, a move seen keeping a check on big transactions amid rising smuggling.
The National Security Strategy document should flag all major issues concerning security strategy and provide guidelines to concerned departments to work out suitable action plans. Since the global and regional geopolitical canvas is dynamic, the NSS document should be deliberated at length before formulation and should be reviewed periodically, recommends Commodore Venugopal Menon (retd).
West Bengal minister and Trinamool Congress leader Shashi told reporters in Kolkata that it is surprising that the BJP had taken a team from Sandeshkhali in West Bengal's North 24 Parganas district and gave a 'false portrayal' to none other than the President of the country.
As much as Rs 8,000 crore worth of mobile phones in this segment - out of a total of Rs 15,000 crore - come into the country through the grey market. The government imposed the duty on these phones primarily to encourage domestic production but the strategy has failed as the bulk of high end mobile phones are currently imported.
The move could aggravate shortages in the physical market as authorities seize gold without a valid provenance.
One can expect Pushpa 2 to be an even bigger spectacle than the first, predicts Mayur Sanap.
The raids were carried out in Punjab, Haryana, Rajasthan, Uttar Pradesh, Delhi and the Union Territory of Chandigarh by the NIA as part of a mega operation that began early Thursday morning, a spokesperson of the premier investigating agency said.
A Guyanese national of Indian origin on Wednesday pleaded guilty before a court for smuggling an Indian into the US. If convicted, Annita Devi Gerald, 52, faces a mandatory minimum prison sentence of three years, and a maximum penalty of 10 years in prison and a $250,000 fine.
The harum-scarum-ness of Kaala is astounding, exclaims Deepa Gahlot.
A Guyanese national was charged in a nine-count indictment on Friday for smuggling one Indian national to the United States and trying to smuggle three others. Arrested by federal authorities on November 17, Annita Devi Gerald aka Annita Rampersad, 52, was charged in a nine-count indictment returned by a federal grand jury in the southern district of Texas, the Department of Justice said on Friday.
The enforcement agencies during the first nine months of 2013-14 have seized 1,074.41 kg of gold
Gold demand in India is expected to be robust in 2014, likely leading to a further jump in smuggling if curbs on bullion imports remain, the World Gold Council (WGC) said.
To check rising current account deficit, the government raised import duties and the RBI imposed curbs on import of the metal and also laid down various pre-conditions for inward shipments of the precious metal.
Around Diwali, the premiums had gone up to as much as 3.5 per cent.
Finance Minister Nirmala Sitharaman on Tuesday announced income tax relief for the middle class, a Rs 2 lakh crore outlay for job creation schemes over the next five years and a spending splurge for states run by her party's new coalition partners as she unveiled the Modi 3.0 government's first budget after the general elections.
In a statement Thursday, the Met said it will transfer the 15 sculptures for return to the government of India. The works range in date from the 1st century BCE to the 11th century CE, and include terracotta, copper and stone.
Official imports into India shrank almost 90 per cent in the six months to November
Over 200 tonnes of heroin was smuggled from Afghanistan and reached the global market after passing through Pakistan last year, custom officials said on Friday.
To check rising current account deficit, the government has raised import duties and the Reserve Bank of India had imposed curbs on import of the yellow metal and also laid down various pre-conditions for inward shipments of the precious metal.
The Nitish Kumar government is leaving no stones unturned to plug the loopholes in the implementation liquor ban.
The illegal trade in red sanders wood, which sells for up to Rs 80 lakh a tonne in some Asian countries, involves a complex nexus of smugglers and impoverished woodcutters.
The Ayush ministry has been roped in by the BSF for the project. The ministry has provided the border-guarding force with the beehives and required expertise to fix those on the alloy-made "smart fence".
'I think some of us, like Mukesh Ambani, myself and those of us who head industrial units, ought to really focus on what we can really do to make the world a safer place, maybe 50 or 100 years from now.' 'For instance, how can we deal with climate change and global warming, right now?' 'The effects of it may not be felt now; in fact, we may pay a price for it today, but it will help the generations to follow.'
On December 7, the Shenzhen court in China will deliver a judgment in the case of 22 Indians who were charged with smuggling of diamonds.
India's gold and silver imports from its free trade agreement (FTA) partner UAE have skyrocketed 210 per cent to $10.7 billion in 2023-24 and there is a need to potentially revise the concessional customs duty rates under the pact to mitigate the arbitrage driving this surge, a report said on Monday. Economic think tank Global Trade Research Initiative (GTRI) said this sharp rise in gold and silver imports is primarily driven by import duty concessions granted by India to the UAE under the India-UAE Comprehensive Economic Partnership Agreement (CEPA).
Polling is scheduled in all 13 seats of Punjab and four of Himachal Pradesh, 13 constituencies in Uttar Pradesh, nine in West Bengal, eight in Bihar, six in Odisha and three seats in Jharkhand besides Chandigarh.
A 35-year-old man was arrested at the Indira Gandhi International airport in New Delhi for allegedly attempting to smuggle Indian currency worth Rs 17.50 lakh to Dhaka by air, a senior customs official said on Monday.
The Navi Mumbai police uncovered a plot to kill the actor during their investigation disclosing a video call conversation between Lawrence Bishnoi gang member Ajay Kashyap and another accused.
The court also imposed a fine of Rs 1 lakh each on the six persons sentenced to 20-year imprisonment, out of the eight crew members who were on board the merchant vessel 'Henry'.
A Pakistani national has been sentenced to 50 months in prison for conspiring to smuggle a member of Tehrik-e-Taliban, a designated terrorist outfit, into the United States. Irfan Ul Haq, 37, conspired with others to smuggle into the US an individual who was believed to be a member of a foreign terrorist organisation, said Assistant Attorney General Lanny A Breuer, after the sentencing was announced by a US district court.
The British Broadcasting Corporation alleged that the UN had covered up claims that its troops in Congo had indulged in these activities, claiming it had new eye-witness accounts to refute UN claims that no weapon transfers had taken place. The report came against the backdrop of India having its biggest-ever peacekeeping contingent in the troubled African country.
The high import duty on gold, local taxes and restrictions on imports are leading to a rise in smuggling of the commodity into the country.
The UID number should have age, breed, sex, lactation, height, body, colour, horn type, tail switch and special marks details of the animal, the Centre said.
A regiment of 30,000 fighters for the Pakistan army in India depends largely on the money that is generated through skin trade and drug smuggling, a report of the military intelligence bureau has said. Vicky Nanjappa reports.
In an address at a security conclave of the Shanghai Cooperation Organisation in the Kazakh capital, he also underlined the need for holding accountable the sponsors, financiers and facilitators of terrorism, in remarks that came amid Pakistan's continuing support to various terror groups.
The ICG and Gujarat Anti-Terrorist Squad apprehended the fishing boat in a joint operation in the high seas on Sunday afternoon, the coast guard said in a release in Ahmedabad.
Though some members of the crew were released later Bhavik Shah, who admitted to his crime, was detained for eight hours.
As enforcement efforts have tightened globally, Iran is using China as a platform to smuggle sanctioned goods for its controversial nuclear programme, according to a United States think-tank.
Fabiano Augusto Amorim, 28, a Brazilian national, faces a maximum sentence of 15 years in prison and a fine of up to $500,000. His sentencing is scheduled for April 3.
A dwindling population of swarm buffalo has hit the dairy industry in Assam's Sorbhog and Bokakhat areas, famous for curd and milk products.
