Gold was seized from a residential flat belonging to a stock broker's son. Jewellery weighing 19.66 kg, fitted with diamonds and other precious metals, also recovered.
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.
According to DRI data, 150-200 tonnes of gold are smuggled into India annually. If this year's seizures are anything to go by, most of it sails past customs.
The birds were seized under provisions of the Customs Act and Wild Life Protection Act, 1972. Offences under these Acts are punishable with a sentence of up to 7 years in prison.
Directorate of Revenue Intelligence 'conducted a series of raids across Goa, Vadodara (Gujarat) and Raigad (Maharashtra) and seized 308 kg of ketamine.
Panjim: The Directorate...
In most cases, funds were siphoned from domestic companies to offshore tax havens by over-invoicing and under-invoicing, through intermediary shell companies .
India’s strategic decisions suggest a pragmatic reading of the US' duality. While defence cooperation with the US has accelerated, India continues to diversify its military suppliers.
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