Tuesday , October 23 2018
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India

Gold smuggling on rise along India-Myanmar border: Report

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High import duties coupled with an increasing gap in gold prices between India and Myanmar have led to an upsurge in smuggling of the yellow metal across the international border, a report compiled by anti-smuggling unit of Imphal customs division has said. Manipur shares a 398-km-long porous international border with the neighbouring country. An official of the customs division feels ... Read More »

Sudanese women smuggling gold biscuits nabbed at Pune international airport

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The customs officers of Pune international airport intercepted four women passengers on their arrival by SpiceJet flight SG 52. Gold biscuits were recovered from the rectums of these four women passengers. A total of 2036.39 gram of 24 K gold biscuits valuing Rs 66,50,779 were recovered from them. Earlier such cases of gold smuggling involved men. This is the first ... Read More »

Cow smugglers open fire at cops in Alwar, 2 held

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ALWAR: In a yet another audacious attack, cow smugglers opened fire on the police, near the Jungle area of Khori under Tapu .. Tapukada police station area on Monday. In the sixth encounter in the past 45 days in the region, police managed to arrest the two smugglers and have also rescued 30 cows from their possession along long with ... Read More »

IMF retains India FY19 growth outlook at 7.3%

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New Delhi: The International Monetary Fund (IMF) has retained its India growth forecast for the current year and marginally pared it for next fiscal, citing the drag from higher crude prices and tightening of the global financial situation. But it will remain the fastest-growing major economy, well ahead of China, it said. In its latest World Economic Outlook, the IMF ... Read More »

5 Men Arrested For Smuggling Gold Worth Rs. 57.5 Lakh At Delhi Airport

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NEW DELHI: Five Indian men were arrested for allegedly trying to smuggle in gold worth Rs. 57.5 lakh at Delhi airport, according to an official statement issued Tuesday. The accused persons were arrested in two separate incidents reported last week. Three men were intercepted after their arrival at the Indira Gandhi International (IGI) Airport from Sharjah. During examination of their ... Read More »

Air India SATS staffer among duo held by Customs for allegedly smuggling Gold Kada

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The customs department has arrested two men for allegedly trying to smuggle a gold Kada valued at Rs 17 lakhs through the Delhi airport. According to the official statement released by the Customs department. a passenger was intercepted by officials on his arrival from Bangkok on Friday. A detailed personal baggage search of the passenger and an airport staff resulted ... Read More »

Woman caught by customs for smuggling gold in rectum at Delhi airport

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A 53-year-old woman has been arrested by customs officials for allegedly trying to smuggle 900 grams gold into the country in her rectum, according to an official statement issued Tuesday. She was intercepted on her arrival from Bangkok on Monday. “Her personal search resulted in recovery of two pieces of gold, crudely given a cylindrical shape, from her rectum, total ... Read More »

New surveillance vessel in ICG Mandapam station to prevent illegal entry and smuggling

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In an effort to strengthen maritime security at Palk Strait, Gulf of Mannar and Adam’s Bridge, patrolling vessel Indian Coast Guard (ICG) Interceptor Boat C432 was moved from Karaikal base station to Mandapam station near Madurai-Rameshwaram. The patrolling vessel, manufactured by Larsen and Toubro at Kattupalli in north Chennai in July 2017, will monitor and prevent any smuggling activity including ... Read More »

Drug Smugglers, Who Swallowed 145 Cocaine Capsules Weighing 1.7 Kg, Held At Delhi Airport

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New Delhi: Customs officials arrested two foreign nationals at the Delhi airport for allegedly trying to smuggle 1.7kg cocaine worth Rs 10 crore into the country, authorities said. According to a statement issued by the customs department, the arrested duo swallowed about 145 capsules of cocaine, which were extracted at a city-based hospital. Hospital authorities took four days to extricate ... Read More »

More Drugs Smuggled From Inside Police Stations Than Outside, Says Supreme Court

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New Delhi: Courts are told that rats eat away drugs seized by the police when narcotics cases come up for hearing, said the Supreme Court on Thursday as it delved into issues relating to decongesting of police stations in Delhi. It also asked why impounded or seized vehicles, which continue to lie at the police stations, are not sold in ... Read More »

DRI’s gold smuggling probe leads them to diamonds worth crores

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Investigation into the gold smuggling case probed by Directorate of Revenue Intelligence (DRI) sleuths led them to the seizure of diamonds worth crores of rupees found from the possession of the kingpin of the smuggling gang, that is on the run. The agency had recently seized seven boxes of uncut diamonds which have been sent for exact valuation. The agency ... Read More »

Passenger Attempts to Smuggle $50,000 Worth of Gold Through Airport Security in Grossest Way Possible

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Airport security manages to spot all kinds of things, from rare animals to strange weapons, hidden in passengers’ bags. But this piece of contraband sets a completely new standard in smuggling. A gold standard, if you will. Revenue intelligence officials at Hyderabad Airport, also known as Rajiv Gandhi International Airport, in Telangana, India, stopped one passenger who was trying to ... Read More »

Bullion smuggling outstrips narcotics to feed gold crazed India

Gold biscuits are seen in this picture illustration taken inside a jewellery showroom in Mumbai June 4, 2013. The Reserve Bank on India on Tuesday extended the restrictions on the import of gold on consignment basis by banks to all nominated agencies and trading houses. REUTERS/Danish Siddiqui (INDIA - Tags: BUSINESS COMMODITIES) - RTX10B6M

Singapore/Mumbai: Indian gold smugglers are adopting the methods of drug couriers to sidestep a government crackdown on imports of the precious metal, stashing gold in imported vehicles and even using mules who swallow nuggets to try to get them past airport security. Stung by rules imposed this year to cut a high trade deficit and a record duty on imports, ... Read More »

CBI arrests 19, including customs officials, over organised smuggling racket

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The Central Bureau of Investigation (CBI) has arrested 19 people, including six customs officials, in connection with an organised smuggling racket. The arrests were made at Trichy International Airport in Tamil Nadu. The Madurai unit of the CBI said that the smugglers were running the organised racket in connivance with customs officials. They used to smuggle gold, alcohol and cigarettes ... Read More »

CBI detains 50 passengers at Trichy airport on suspicion of smuggling

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A special team of the Central Bureau of Investigation (CBI) officials detained at least 50 passengers at the Tirchy International Airport. The passengers were coming from Singapore by an Air India express flight, they were detained on suspicion that some of them were smuggling goods. The CBI team from Madurai wing arrived at the airport with three inspectors, nine constables ... Read More »

Customs sharpens its claws to nab smugglers

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KOCHI:With cases related to gold smuggling from Cochin International Airport Ltd (CIAL), Nedumbassery, touching new heights during the last four months, the Air Intelligence Unit of Customs is adopting new techniques to curb the illegal act. As per the data provided by the Customs, 127 cases of gold smuggling have been registered from April 1 to July 25. As many ... Read More »

Passenger Attempts to Smuggle $50,000 Worth of Gold Through Airport Security in Grossest Way Possible

Air port

Airport security manages to spot all kinds of things, from rare animals to strange weapons, hidden in passengers’ bags. But this piece of contraband sets a completely new standard in smuggling. A gold standard, if you will. Revenue intelligence officials at Hyderabad Airport, also known as Rajiv Gandhi International Airport, in Telangana, India, stopped one passenger who was trying to ... Read More »

More than 100 smuggled vehicles destroyed at Bureau of Customs

CONDEMNATION OF LUXERY MOTORCYCLES/ MAY 30,2018
President Rodrigo Roa Duterte witnessed the actual condemnation of One Hundred sixteen motorcycles and six vehicles worth a total of P34.71 million held at Bureau of Customs Parking Area , South Harbor ,Port Atrea Manila.
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President Rodrigo Duterte led the destruction of more than a hundred smuggled cars and motorcycles worth more than P34 million, nearly four months after several luxury vehicles were destroyed in the government’s campaign against smuggling. But still not included in the bulldozed vehicles were the Ferrari, Lamborghini and McLaren cars confiscated earlier by the Bureau of Customs (BOC) at Manila ... Read More »

Colombian national held for smuggling 66 cocaine capsules in stomach

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A 43-year-old Colombian national, who had swallowed 66 capsules of cocaine, was nabbed by the narcotics unit in Delhi. These capsules weighing 900 grams were meant to be smuggled in Delhi. The cost of the seized drug is more than Rs 9 crore in the international market. Madho Singh, Zonal Director of Narcotics Control Bureau (NCB) said: We received a ... Read More »

Abandoned power plant a $38 billion warning sign for Indian banks

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NEW DELHI: Deep in the jungles of eastern India lies an abandoned power plant, a warning symbol for the $38 billion of additional bad loans which are about to engulf the country’s banks. Like many of India’s power stations, the Jharkhand project had all the markings of success when a group led by State Bank of India lent about $700 ... Read More »