India’s Forex reserves saw steepest weekly decline in over 11 months

19 Feb 2023

India's foreign exchange reserves declined by USD 8.319 billion to USD 566.948 billion in the week ending on February 10, according to the Reserve Bank of India's latest data.This is reported to be the sharpest slump in the overall forex reserves in over 11 months. During the week that ended...

Kochi: gold worth Rs 38 lakh seized at airport

24 Jan 2023

The Air Intelligence Unit (AIU) of the Customs department in Kerala, on Tuesday, seized gold from a passenger at the Kochi airport. According to the officials, the value of the seized gold is Rs. 38 Lakh in the bullion market. A total of 833.4 grams of gold was recovered. The...

Gold Seized At Kochi Airport

17 Jan 2023

Air Intelligence Unit (AIU) of the Customs Department has seized 871 grams of gold worth Rs 44.9 lakhs at Kochi airport. On the investigations of profiling done by the officers of the AIU, a passenger arriving from Dubai at Kochi Airport was stopped at the green channel. During the interrogation...

Gold worth Rs. 2.05 Cr seized at Coimbatore airport.

09 Jan 2023

The Coimbatore Directorate of Revenue Intelligence on Monday intercepted six passengers, arresting one of them. According to officials, the arrested accused who has been identified as Muthu Kumar brought gold in concealment from Sharjah. "The total quantity of the gold seized is 3.54 kgs valued at Rs 2.05 Crore," informed...

Rs 8 lakhs gold biscuits seized at Trichy airport

24 Dec 2022

The Customs Air Intelligence Unit (AIU) seized two gold biscuits worth Rs 8 lakhs from a man on Saturday at Trichy Airport. "Seizure of two biscuit-shaped gold pieces (100+47.5 grams) of 24-carat purity, totally weighing 147.5 grams, valued at Rs 8,06,530 lakhs from a male pax who arrived at Trichy...

1 held for selling fake gold in Assam

03 Dec 2022

A person has been arrested for trying to sell fake gold to a customer in Assam's Nagaon district on Friday. Meanwhile, from the arrested person one piece of fake gold weighing 400 grams has been recovered and the accused has been identified as Nizamuddin. Earlier on Friday, a team from...

Jharkhand man steals gold jewellery worth Rs 1 crore, nabbed

18 Nov 2022

A Jharkhandi man was detained by Delhi Police after they discovered 1.890 kg of gold jewellery worth Rs 1 crore in his possession. Anil Kumar, a man who used to work at a jewellery store in Delhi, decamped with gold jewellery last Friday. Police were called to the scene of...

Gold worth 43 lakhs seized at Kochi airport

14 Oct 2022

Gold worth Rs 43 lakhs has been seized from a passenger coming from Abu Dhabi at the Kochi airport by the Custom officials on Friday. Acting on Air Intelligence Unit (AIU) input, Customs officers intercepted a passenger coming from Abu Dhabi at Kochi Airport on flight 3L 125. During the...

Gold and silver price witnesses a dip on Monday

10 Oct 2022

While price of silver witnesses a dip of Rs.1.30 in India on Monday, the price of gold dipped to Rs.25. According to Goodreturns website, 22k gold was priced at Rs.4,760 per gramme while 24K gold was available for Rs.5,193 per grammes.Goodreturns website stated that last month, the price of 22k...

2 crore gold stolen from cabin baggage in Dubai-Karachi flight

06 Sep 2022

According to the reports on Monday, gold worth around Rs20 million was stolen from the cabin baggage of a Pakistani jeweller on a flight from Dubai to Karachi. Reportedly, Mohammad Moonis lost 1,542 grams of gold during an international flight on Sunday afternoon. The gold could not be recovered despite...