A well-oiled nexus of carriers, receivers, airline & airport personnel keeps the racket running. As import duties & gold prices increase, the smuggling market becomes more lucrative. Read ThePrint investigation.
32 gold bars & Rs 196.57 cr cash were seized from Peeyush Jain's premises in 2021. In 2022, after Modi linked him to SP, the party called Jain a 'BJP businessman' mistakenly raided.
Information shared for inbound & outbound international flights include the name of the passenger, billing/payment information (credit card number), baggage information among others.
Finance Secretary A.B. Pandey says the cut on customs duty shrinks the price difference of gold in the international and the domestic market, and helps enforce a simple and compliant regime.
The anticipatory bail pleas were filed by Sivasankar following the arrest by the Customs probing the gold smuggling and the ED investigating the money trail in the case.
Despite growing passenger volume, 11 out of 14 carriers reported losses in 2023-24. IndiGo recorded profit of Rs 8,167 crore, which reduced to Rs 7.253 crore in 2024-25.
Dubai airshow crash & pilot death have rekindled concerns over pilot safety, and need for smarter automated systems that can step in when G-forces, temporary loss of consciousness hit the pilot.
None of Pakistan’s PMs has lasted 5 years. That the current PM has given Asim Munir 5 years shows that of all military dictatorships history has seen, Pakistan’s is most creative.
COMMENTS