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Bengaluru, April 9: The Directorate of Revenue Intelligence (DRI) officials at Kempegowda International Airport (KIA) have busted an international racket involved in gold smuggling using transit aircraft. Gold worth Rs 5 crore seized, five arrested The DRI officials have seized three kg of pure gold worth over Rs 5 crore and arrested five members of the gang, who helped the syndicate transport the gold out of the airport. Insider involvement and modus operandi The DRI officials say that some ...Read More >
Ludhiana, Apr 9 (PTI) The country's merchandise exports are expected to register a fall of 2-3 per cent in 2025-26 due to global economic uncertainties, aggravated by the West Asia crisis, according to FIEO. Federation of Indian Export Organisations (FIEO) President S C Ralhan said that the crisis may have led to a decline in shipments by 7-8 per cent in March. The joint attack launched by the US and Israel on Iran on February 28 severely disrupted the country's exports to West Asia, pushed up ...Read More >
New Delhi, Apr 8 (PTI) The Supreme Court on Wednesday asked the Centre how persons who are not devotees of Lord Ayyappa could challenge the customs of the Sabarimala temple in Kerala. The remark was made by a nine-judge Constitution bench hearing petitions related to discrimination against women at religious places, including the Sabarimala temple in Kerala, and on the ambit and scope of religious freedom practised by multiple faiths. The bench comprises Chief Justice of India Surya Kant, Just ...Read More >
Bengaluru gold smuggling bust: DRI seized 3.356 kg gold worth ₹5 crore at the airport and arrested five people. The racket used capsules and codes, with suspected insider links. Investigation is ongoing. Bengaluru: In a massive operation, Directorate of Revenue Intelligence (DRI) officials have busted a major gold smuggling racket at Bengaluru's Kempegowda International Airport (KIAL). They seized 3.356 kg of pure gold, valued at around ₹5 crore. A total of five people, including some Banglades ...Read More >
CHENNAI: A total of 348 Indian citizens from different parts of Tamil Nadu and its neighbouring states, stranded in Iran for more than a month since a war broke out in West Asia, landed in Chennai in a special flight arranged from Armenia by the Indian embassy officials.Of the 348 passengers, 327 were Tamils, five were from Puducherry, while 10 were from Kerala. Most of the Tamils were natives of Tirunelveli, Kanyakumari and Nagapattinam districts and were working as fishermen in Iran. They were ...Read More >
Govt is likely to roll out a Rs 2.5-lakh-cr credit guarantee scheme in the coming days to support sectors impacted by the West Asian crisis The central government is likely to roll out a Rs 2.5-lakh-crore credit guarantee scheme in the coming days to support sectors impacted by the West Asian crisis, Moneycontrol.com reported, citing two government officials. The proposed scheme will expand the existing Emergency Credit Line Guarantee Scheme (ECLGS) framework, which was introduced in 2020 to a ...Read More >
Chennai (Tamil Nadu) [India], April 7 (ANI): 30 Indian fishermen arrived in Sri Lanka on Tuesday and made their way back home safely. 21 of them were from Ramanathapuram, while 9 others were from Karaikal The fishermen, hailing from Nagapattinam, Mayiladuthurai, and Karaikal regions, had ventured into the sea on February 15 in two boats for fishing. Also Read | Middle East Conflict: Iran Calls for Human Chains Around Power Plants As Donald Trump's Deadline Nears To Reopen Strait of Hormuz. Th ...Read More >
Chennai (Tamil Nadu) [India], April 7 (ANI): 30 Indian fishermen arrived in Sri Lanka on Tuesday and made their way back home safely. 21 of them were from Ramanathapuram, while 9 others were from Karaikal The fishermen, hailing from Nagapattinam, Mayiladuthurai, and Karaikal regions, had ventured into the sea on February 15 in two boats for fishing. They were alleged to have crossed the International Maritime Boundary Line, and were thus apprehended by the Sri Lankan Navy, who seized their boa ...Read More >
New Delhi, Apr 7 (PTI) The government is considering a ₹2.5 lakh crore credit guarantee scheme to support businesses, especially MSMEs impacted by the West Asia crisis, sources said. Under the scheme, a credit guarantee of about 90 per cent on loans of up to ₹100 crore would be provided to lenders in case of default by borrowers due to the ongoing US-Iran conflict. The guarantee on bank loans would be provided by the National Credit Guarantee Trustee Company (NCGTC), a wholly-owned subsidiary ...Read More >
New Delhi, Apr 7 (PTI) The government is considering a Rs 2.5 lakh crore credit guarantee scheme to support businesses, especially MSMEs impacted by the West Asia crisis, sources said. Under the scheme, a credit guarantee of about 90 per cent on loans of up to Rs 100 crore would be provided to lenders in case of default by borrowers due to the ongoing US-Iran conflict. The guarantee on bank loans would be provided by the National Credit Guarantee Trustee Company (NCGTC), a wholly-owned subsidi ...Read More >
New Delhi, April 6: Finance Minister Nirmala Sitharaman on Monday said fiscal prudence has given the government enough room to push capex and support sectors impacted by the West Asia crisis. Besides, she said the Reserve Bank can go in for further rate cut to deal with the emerging situation. Highlighting the importance of a good public finance policy in challenging times, the Finance Minister said, it improves the counter-cyclical capacity , especially the ability to 'lean against the wind' ...Read More >
New Delhi: Finance Minister Nirmala Sitharaman on Monday said fiscal prudence has given the government enough room to push capex and support sectors impacted by the West Asia crisis. Besides, she said the Reserve Bank can go in for a further rate cut to deal with the emerging situation. Highlighting the importance of a good public finance policy in challenging times, the Finance Minister said that it improves the counter-cyclical capacity, especially the ability to 'lean against the wind' in ec ...Read More >
New Delhi, Apr 6 (PTI) Finance Minister Nirmala Sitharaman on Monday said fiscal prudence has given the government enough room to push capex and support sectors impacted by the West Asia crisis. Besides, she said the Reserve Bank can go in for further rate cut to deal with the emerging situation. Highlighting the importance of a good public finance policy in challenging times, the Finance Minister said, it improves the counter-cyclical capacity , especially the ability to 'lean against the win ...Read More >
NEW DELHI: CII has released a 20-point plan to help shield Indian companies grappling with the impact of the West Asia crisis, including tax and duty rejig for energy inputs, customs waiver for LNG, and long-term capital gains tax exemption for primary market investment to boost foreign capital inflows.Drawing upon the Covid-era toolkit, the industry body has demanded a credit line scheme guaranteed by govt, a three month loan moratorium and a special refinance window for MSMEs and other sectors ...Read More >
SHILLONG, April 5: Residents of Raid Shabong under Pynursla Civil Sub Division paid an emotional farewell on Friday to Patrick Anselm Rogers, a 39-year-old US documentarian and global advocate for Meghalaya's living root bridges. Rogers, a frequent visitor to the state since 2011, passed away on March 21 at Shnongpdeng. His final rites were conducted at Lum Phlang Dkhi following the customs of the Khun Kur Longtrai Lai Kynthei of Raid Shabong. While a large number of local residents attended t ...Read More >
Ahmedabad (Gujarat) [India], April 5 (ANI): Customs officers on April 4 intercepted a male Indian national at Ahmedabad Airport after suspicions arose during hand baggage screening. The passenger had arrived from Bangkok (Don Mueang) on VietJet Airlines Flight VZ-750 at 22:55 hours. Also Read | Ravindra Erande Case: Extortion Complaint Backfires As 121 Obscene Videos Lead To Arrest Over S*x Exploitation. "Upon detailed examination of his hand baggage, four vacuum-sealed packets containing a g ...Read More >
Ahmedabad (Gujarat) [India], April 5 (ANI): Customs officers on April 4 intercepted a male Indian national at Ahmedabad Airport after suspicions arose during hand baggage screening. The passenger had arrived from Bangkok (Don Mueang) on VietJet Airlines Flight VZ-750 at 22:55 hours. "Upon detailed examination of his hand baggage, four vacuum-sealed packets containing a greenish substance were recovered. The substance tested positive for hydroponic weed (marijuana), weighing 1.107 kg," a Custom ...Read More >
Indore (Madhya Pradesh): A series of cyber fraud incidents have been reported across Indore, with fraudsters duping victims of large sums through online scams, impersonation and hacking techniques from June 2024 to March 2026. Following orders from Commissioner of Police Santosh Kumar Singh, Indore police registered nearly two dozen FIRs on Friday and initiated investigations. A businessman was duped of Rs 5.41 lakh while attempting to purchase an Rs 899 body massager online. After his initial ...Read More >
Ahmedabad: The Air Intelligence Unit (AIU) of the customs department intercepted two persons at the Sardar Vallabhbhai Patel International (SVPI) Airport with 2.2kg of hydroponic marijuana (cannabis). This is the ninth such incident recorded at Gujarat airports (Ahmedabad and Surat) since the start of the year.According to the customs department release, acting on specific intelligence received from the DRI, officers of AIU Ahmedabad intercepted two Indian nationals arriving in Ahmedabad from Ba ...Read More >
Hyderabad: In a significant archaeological discovery, large ancient human burial sites resting in the Godavari River basin have been discovered in Telangana's Mulugu district. On information, a technical team consisting of the Department of Heritage and Telangana government visited the burial structures in Motlagudem village, approximately 120 kilometre from Warangal City. Locally, they are referred "rakasi bandalu" (giant stones) and "rakasi guhalu" (giant caves). Officials said the findings ...Read More >
Ujjain (Madhya Pradesh) [India], April 3 (ANI): The mortal remains of Ujjain-based student Gurkirat Singh Manocha, who was killed in Canada on March 14, were brought back to the city on Friday morning, nearly 21 days after the incident. A large number of residents gathered at his residence in Parshvanath city in the district to pay their last respects. Along with this, public representatives, including Member of Parliament Anil Firojiya and Chief Minister Mohan Yadav, also reached out, paid flo ...Read More >
Reliance Industries SEZ refinery will not face new export taxes on diesel and aviation fuel. This exemption stems from judicial pronouncements. The government reintroduced these levies on March 26 to encourage domestic fuel sales. These taxes are reviewed fortnightly. This move aims to manage global energy supply disruptions. Reliance operates two refineries in Jamnagar, Gujarat. The reimposed windfall export taxes on diesel and aviation turbine fuel (ATF) will not apply to Reliance Industries ...Read More >
Visakhapatnam: Following an incremental rise of petroleum products in cargo composition summing up to a 25 percent jump, the 92-year-old Visakhapatnam Port has laid out an action plan for a Rs.3,000 crore-project with a special emphasis on 'clean cargo'. Shifting from its reliance on traditional bulk cargo, Visakhapatnam Port focuses on diversifying its compositions towards much cleaner and more varied cargo. Although petroleum products are generally handled in the harbour through direct pipel ...Read More >
New Delhi: Export duties levied on diesel and jet fuel won't be applicable to Reliance Industries' special economic zone (SEZ) refinery due to court rulings, a government official said on Thursday. "As per judicial pronouncements on this issue, the special additional excise duty and additional excise duty are not applicable on SEZ refineries," Jainendra Singh Kandhari, Joint Secretary in the finance ministry, told a press conference. Reliance operates two refineries in Gujarat-one catering to ...Read More >
Hyderabad: The department of heritage said it had identified several prehistoric burial sites in Motlagudem of Mulugu district, highlighting the presence of early human settlements in the Godavari river basin. The burial structures, located about 120 km from Warangal, are locally known as Rakasi Bandalu and Rakasi Guhalu. These ancient sites are believed to date back to the Stone Age and provide insights into the lifestyle, customs and social structures of early humans. Acting on information fr ...Read More >
Hyderabad, Apr 2 (PTI) In a significant discovery, a team from the department of heritage, Telangana government, has found a massive cluster of megalithic human burial sites in Mulugu district, believed to be one of the largest concentrations of dolmen burials in India. Based on information provided by residents of Motlagudem village in Mulugu district, and the directions of Special Chief Secretary Jayesh Ranjan, a technical team conducted a field visit to the village. Located 230 kms from Hyd ...Read More >
Mumbai, Apr 2 (PTI) The Reserve Bank on Thursday allowed residents as well as non-residents to exchange Indian rupee notes at foreign exchange counters at departure halls in international airports beyond the immigration or customs desk. Earlier, such foreign exchange counters were only allowed to buy Indian rupee from non-residents and sell foreign currency to them. "On a review, it has been decided to allow residents (along with non-residents) to exchange Indian rupee notes at foreign exchang ...Read More >
New Delhi, Apr 2 (PTI) Extending moratorium in the WTO on import duties for cross-border electronics transmission for longer period will bring more certainty and predictability to businesses, Commerce and Industry Minister Piyush Goyal said on Thursday. The 14th ministerial conference, which concluded in the early hours on March 30 in Yaounde, the capital city of Cameroon, failed to reach a consensus on the moratorium. "We discussed it amongst the ministers, and we were generally of the opinio ...Read More >
New Delhi: The government has marginally exceeded the indirect tax collection target for fiscal 2025-26, an official said on Thursday. The total indirect tax collection, which includes customs, excise and GST, as per Revised Estimates (RE), was pegged at over Rs 15.52 lakh crore for FY26. This includes Rs 2.58 lakh crore from customs duty, Rs 3.38 lakh crore from excise duty, and Rs 9.58 lakh crore from Central Goods and Services Tax (CGST). Without giving actual figures, the official said that ...Read More >
As the West Asia war entered its fifth week, the government on Wednesday implemented concessions for Special Economic Zones (SEZs) announced during the Union Budget 2026-27. SEZ manufacturers have been facing pressures amid global geopolitical tensions and the US tariff impact from last year. This "one-time concession" will remain in place from April 1, 2026, to March 31, 2027, the government said. ".. to address the concerns faced by the manufacturing units in the SEZs due to ongoing global tr ...Read More >
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