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gold

  • Economy

    Share of gold in RBI’s forex kitty doubled since 2021

    by ANI May 6, 2025
    by ANI May 6, 2025

    Central banks world over are increasingly accumulating safe-haven gold in their foreign exchange reserves kitty, and India is no exception. The share of gold maintained by the Reserve Bank of …

  • Economy

    Union Budget proposes reduction in customs duty on gold, silver, platinum

    by ANI July 23, 2024
    by ANI July 23, 2024

    Finance Minister Nirmala Sitharaman on Tuesday proposed to reduce customs duties on gold and silver to six per cent and on platinum to 6.4 per cent to enhance value addition …

  • Economy

    Gold worth Rs 2 crore hidden under silver coating seized at Delhi airport, 3 arrested

    by IN Bureau August 29, 2023
    by IN Bureau August 29, 2023

    Customs Department officials at Delhi airport arrested three Kuwait nationals and recovered 4001 gms of gold worth Rs 2.06 crore that they were trying to smuggle into the country. The …

  • Economy

    Central banks build gold reserves as de-dollarisation drive accelerates

    by Mahua Venkatesh August 6, 2023
    by Mahua Venkatesh August 6, 2023

    Central banks across the world may continue with the gold buying spree in the coming months. Amid the recent downgrade of the US by Fitch Ratings, the de-dollarisation exercise may …

  • Economy

    Gold worth Rs 72.7 lakh seized at Trichy airport

    by IN Bureau June 1, 2023
    by IN Bureau June 1, 2023

    Customs officials seized over 1 kg of gold valued at Rs 72.73 lakh at Trichy International airport in Tamil Nadu on Wednesday. “The Air Intelligence Unit (AIU) of Trichy seized …

  • Economy

    Rs 67 lakh worth gold seized from flyer at Hyderabad airport

    by IN Bureau May 14, 2023
    by IN Bureau May 14, 2023

    A passenger, who arrived on a flight fromRiyadh was arrested by Customs officials at Hyderabad Airport on Sunday for smuggling 14 gold bars valued at more than Rs 67 lakh …

  • Economy

    Gold bars worth Rs 2.5 crore seized in Andhra’s Tirupati district 

    by IN Bureau May 11, 2023
    by IN Bureau May 11, 2023

    Officials of Andhra Pradesh Police detained four persons and seized gold bars worth Rs 2.5 crores from their possession in Tirupati district, a senior official said on Thursday. Sullurupeta Deputy …

  • India

    Rs 69 lakh worth gold seized at Bengaluru airport hidden in flyer’s footwear

    by IN Bureau March 15, 2023
    by IN Bureau March 15, 2023

    Customs officials at Bengaluru airport seized 1.2 kg of gold valued at Rs 69.4 lakh, hidden in the footwear of a passenger who arrived on an IndiGo  flight from Bangkok. …

  • Economy

    Air India cabin crew member arrested at Kochi airport for smuggling gold

    by IN Bureau March 9, 2023
    by IN Bureau March 9, 2023

    An Air India cabin crew member was arrested at the Kochi Airport on Wednesday for smuggling gold, officials said. Shafi, a native of Wayanad, was arrested by Customs officials at …

  • India

    Gold worth Rs 3.4 crore hidden in medical device seized at Delhi airport

    by IN Bureau March 7, 2023
    by IN Bureau March 7, 2023

    In a bizarre case, Customs officials seized 7 kg of gold worth Rs 3.4 crore at Delhi airport from a Kenyan national who arrived on a flight from Nairobi on …

  • Economy

    Gold worth Rs 10.7 crore seized from smugglers near Siliguri

    by IN Bureau February 13, 2023
    by IN Bureau February 13, 2023

    A team of DRI officials from Siliguri seized 18.66 kg of gold worth Rs 10.66 crore that was smuggled through the India-Bangladesh border and arrested four persons, while they were …

  • Economy

    Gold worth Rs 2.5 crore seized at Mumbai airport

    by IN Bureau December 5, 2022
    by IN Bureau December 5, 2022

    Customs officials at the Mumbai airport seized a total of 4.7 kg of gold worth Rs 2.5 crore and arrested three people in two separate cases, a senior official said …

  • Economy

    61 kg gold seized at Mumbai airport in biggest single-day catch by Customs 

    by IN Bureau November 13, 2022
    by IN Bureau November 13, 2022

    Customs officials seized 61 kg of gold worth Rs 32 crore at Mumbai airport in what is claimed to be the biggest single-day seizure by the department. There were two …

  • Economy

    Surge in gold seizures at Mumbai airport, smugglers resort to novel ways 

    by IN Bureau October 14, 2022
    by IN Bureau October 14, 2022

    An Indian national was arrested at Mumbai airport with 16 kg of gold worth Rs 8.40 crore that he was trying to smuggle into the country, Customs officials said. The …

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