In a significant operation, the Assam Rifles seized illegal currency notes worth Rs 1.24 crore and arrested a Myanmarese national near the India-Myanmar border in Manipur. The seizure, which took place on Saturday, highlights the ongoing issue of cross-border illegal trade and the smuggling of counterfeit currency in the region. The Assam Rifles, in a statement, emphasized their commitment to …
KOCHI: Consumers in Kerala, one of India’s largest markets for gold and silver jewellery, are expected to benefit significantly from the reduction in Basic Customs Duty on gold and silver from 10% to 5%, and the Agriculture Infrastructure & Development Cess from 5% to 1%. Sachin Jain, WGC regional CEO, India, said reduction of duty on gold will boost overall …
Visakhapatnam: The Tenth additional district judge court in Anakapalle on Friday sentenced two smugglers K. Suryaprakash Rao, 49, and Choppa Ramanamma, 58, to 10 years rigorous imprisonment for possessing 40 kg of marijuana in 2016. Muralikrishna said the enforcement officials conducted a raid at Thummapala in Anakapalle district and nabbed Suryaprakash Rao, a native of Kasimkota, and Ramanamma, a native …
Tirupati: In a major breakthrough, the Tirupati district police have arrested five red sanders smugglers from Tamil Nadu and seized 275 logs that have an estimated international market value of Rs 4.31 crore. Some 275 red sanders logs, pieces of the wood and powder weighing 5,388 kg, valued at Rs 4,31,07,200 have been seized. The gang was known to collect …
A total of seven people, including four airline staffers, have been arrested by the Customs department in connection with a gold smuggling racket. One of the three passengers caught smuggling gold admitted to having handed over 160 grams of the precious metal to an Indigo airline staffer, an official statement by the Customs department said. Further interrogation revealed that at …
