Tuesday , October 15 2019
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India

Man tries smuggling 1kg gold under his wig at Kochi airport. Gets caught

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After the story of a man trying to smuggle cocaine worth Rs 24 lakh under his wig at Barcelona airport went viral in July, a similar case has come to light recently. But this time, the incident took place at Kochi airport and the man tried to smuggle gold. Noushad is a native of Malappuram in Kerala. On Friday, Noushad ... Read More »

Delhi: Man smuggling 27 iPhones, 330 branded watches held by customs at IGI Airport

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The Customs Department team of Indira Gandhi Airport, Delhi, held a man for smuggling expensive phones, watches and other goods to foreign countries. The Delhi airport department confiscated innumerable phones and watches from the accused. On September 25, the customs department confiscated 330 branded watches, 27 iPhones and other various goods from a passenger, who was coming from Hong Kong. ... Read More »

Rajasthan man arrested for smuggling cows sent to judicial custody: Cops

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JAIPUR: A man who was arrested in Rajasthan’s Alwar district on Sunday night for allegedly smuggling cows was presented before a court and sent to judicial custody police said. Munfed Khan was arrested under provisions of the Rajasthan Bovines Animal Act, they said. Police had put up barricades in the district’s Shahjahanpur area on Sunday night after a tip-off that ... Read More »

Amway aims up to 12% of India business from consumer durables segment

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Amway India is expecting its consumer durables business to contribute around 12 percent to the company’s overall turnover in the next two to three years as the direct selling firm carrying portfolio expansion plans in the segment, a top company official has said. Amway India, as part of expansion of its product portfolio, also announced foray into emerging home air ... Read More »

West Bengal: 2 held for smuggling birds, 524 parrots recovered

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West Bengal police on arrested two smugglers and recovered 524 parrots from them. The accused were allegedly part of an inter-state racket involved in smuggling birds. The arrests were made during a joint operation of Burdwan Forest Department and Wildlife Crime Control Bureau. The accused have been identified as Sheikh Akhtar and Baishakhi Mohammad. Sharing details of the arrests, District ... Read More »

5 foreigners trying to smuggle out nearly half-million USD held at Delhi airport

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The Directorate of Revenue Intelligence (DRI) has arrested five Hong Kong-bound foreign nationals at the Delhi airport for allegedly trying to smuggle out of India nearly half-a-million US Dollars (USD), officials said. The DRI, the enforcement arm of the Central Board of Indirect Tax and Customs (CBIC), on Wednesday, intercepted the five passengers, all from Taiwan, at the Terminal 3 ... Read More »

How BSF brought down cattle smuggling by 96 pc since last September

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Delhi: Strict vigil and action against the personnel of Border Security Force (BSF) deployed along the Indo- Bangla border resulted in 96 pc drop in cattle smuggling, news agency IANS reported. A massive crackdown was launched along the 4,000 km long border stretching from South-West Bengal to Tripura last year. As a result, over 5,000 cross-border smugglers were arrested whereas ... Read More »

Three Arrested For Smuggling Gold Biscuits Worth Over Rs. 3 Crore: Police

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NEW DELHI: The Directorate of Revenue Intelligence (DRI) has arrested three people for allegedly carrying about 10 kg gold worth over Rs. 3.87 crore smuggled into India through the Indo-Myanmar border, an official said on Tuesday. Acting on a tip-off, the DRI officers intercepted a vehicle on the Fulbari-Ghoshpukur bypass on Monday and recovered 60 gold biscuits, weighing a total ... Read More »

Air India SATS Employee Among 2 Arrested With Gold Bars Worth Rs. 26 Lakh

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NEW DELHI: Customs officials have arrested two persons including an Air India SATS employee at the Delhi airport for their alleged involvement in smuggling gold bars worth over Rs. 26 lakh. Air India SATS, which is a 50:50 joint venture between Air India Limited and Singapore-based SATS Limited, offers end-to-end ground handling services such as passenger and baggage handling, aircraft ... Read More »

‘Cars don’t sell’: How a shadow banking crisis is hurting autos sector

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Sudhir Gharpure and his sales team sat chatting at a big Maruti Suzuki dealership on the outskirts of Mumbai some two hours after its doors were opened on a recent Saturday morning – not a single customer was in sight. “There used to be close to 15-20 bookings each day, but now we’re down to 3-5 on good days,” said ... Read More »

500 Indian star tortoises being smuggled in train rescued from Vijayawada station

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A search operation was conducted on the Navajeevan Express and a passenger was taken into custody for allegedly smuggling the tortoises in an AC coach. In a major bust, officials of the Directorate of Revenue Intelligence (DRI) seized around 500 Indian star tortoises, after they conducted a raid at the Vijayawada railway station. DRI officials said that a search operation ... Read More »

Do NRIs in Gulf need to pay income tax in India?

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Benjamin Franklin, who was credited with drafting the Declaration of Independence and the American constitution, said there were only two things certain in life: death and taxes. His utterances made in 1700s hold true even this day. Non-resident Indians are required to pay an income tax on income of more than 250,000 Indian rupees that is earned in India. Siddesh ... Read More »

Canara Bank Q1 profit surges 17% to Rs 329 crore on lower provisions, asset quality improves

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State-owned Canara Bank has reported 17.08 per cent year-on-year rise in its standalone net profit at Rs 329.07 for the quarter ended June 30, 2019, helped by lower provisions and improvement in asset quality. “The Bengaluru-headquartered public lender had posted a net profit of Rs 281.49 crore in the same quarter last year,” Canara Bank said in a filing to ... Read More »

67 bovines rescued, 6 smugglers arrested in J&K’s Rajouri

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Six alleged bovine smugglers were arrested and 67 animals rescued in Jammu and Kashmir’s Rajouri district on Sunday, a police official said. Five bids to smuggle bovines from Nowshera, Budhal and Thanamandi areas of Rajouri to Kashmir Valley were foiled, the official said. During an interception in Samote area, one Mohammad Nazir was arrested and 10 bovines being smuggled to ... Read More »

India seizes narcotics worth $390M smuggled from Pakistan

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AMRITSAR, India: Customs officials in a northern Indian state say they have seized narcotics worth $390 million that were smuggled from neighboring Pakistan. Top customs official Dipak Kumar Gupta says 586 kilograms (1,290 pounds) of narcotics, mostly heroin, were hidden in 15 bags among 600 sacks of rock salt imported from Pakistan and were seized Saturday in Punjab state. Gupta ... Read More »

Girl from India dies from heatstroke in Arizona desert after being smuggled into the US

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A six-year-old migrant child from India died of heatstroke after her mother left her with other migrants while she went to look for water, a medical examiner and US Border Patrol said. Gurupreet Kaur, who was soon to celebrate her seventh birthday, was found on Wednesday by US Border Patrol west of Lukeville, Arizona, where temperatures reached a high of ... Read More »

Jet Airways share price slumps over 23% on report NSE to remove stock from F&O trading from June 28

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Jet Airways share price slumped in early trade today after NSE said shares would be pulled out of Futures and Options trading from June 28. Jet Airways share price slumped over 23% to 84.80 level compared to the previous close of 110.40 on BSE. Jet Airways share opened at a loss of 9.96% at 99.40 and fell to a fresh ... Read More »

Indian-origin man part of world’s most prolific steroid smuggling gang faces jail in UK

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An Indian-origin man in the UK has been found guilty of being part of a criminal gang believed to be one of the world’s most prolific smugglers of anabolic steroids. Gurjaipal Dhillon acted as a fixer for the group, arranging dozens of unlicensed shipments of drugs from India into Europe, according to Britain’s National Crime Agency (NCA) which led the ... Read More »

Bovine smuggling bid foiled in J&K, 21 animals rescued

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A suspected bovine smuggler was arrested as police foiled separate attempts of cattle smuggling and rescued 21 animals in Samba and Kathua districts of Jammu and Kashmir, police said. Makhan Din, a resident of Balole Khad village, was arrested at Bari Brahmana in Samba district when his load carrier was intercepted and four bovines, which were tied with ropes in ... Read More »

How will Modi handle India’s economy?

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Indian stocks and the rupee rose to welcome the news: another parliamentary majority for the BJP party could grant Mr Modi the opportunity to make promised reforms a reality. But once the euphoria around his emphatic win at the polls has faded, there will remain some tough economic challenges in his in-tray. What did he do in his first term? ... Read More »