Harshavardhini Ranya Rao was arrested last year after authorities allegedly seized 14.2 kg of gold, worth approximately Rs 12.56 crore, from her at Kempegowda International Airport.
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.
In most cases, funds were siphoned from domestic companies to offshore tax havens by over-invoicing and under-invoicing, through intermediary shell companies .
New Delhi: The outsourcing industry, India’s largest white-collar employer, is a juggernaut that has all but stopped moving. The dollar revenue at the top...
By pairing Indian drone engineering with Japanese semiconductor expertise, the two firms aim to develop more advanced autonomous systems tailored to both defence & commercial use.
American objectives are unmet. They neither have muscle nor motivation to resume the war. As for Iran, the regime didn’t just survive, it’s now led by more radical individuals.
COMMENTS