The recent seizure of 14.8kg of gold from Kannada actress Ranya Rao at Bengaluru’s Kempegowda International Airport is being hailed as one of the largest recoveries in recent times. The Directorate of Revenue Intelligence (DRI) successfully dismantled a significant smuggling operation, intercepting Rao just moments before she could clear airport security. As per reports, Rao … Read more
Sovereign Gold Bonds (SGBs): The Reserve Bank of India has announced the dates for premature redemption of Sovereign Gold Bonds issued between May 2017 and May 2020. The central bank is planning to redeem 30 SGBs from October 11 and February 7, 2025. The redemption price will be announced by the Reserve Bank of India … Read more
Rescued from smuggling: Thane Forest Department and Directorate of Revenue Intelligence, Mumbai unit in a joint operation seized 523 Indian Star Tortoises from a lady passenger at the Lokmanya Tilak Terminus Railway station. The Indian star tortoises are trafficked and smuggled as a part of the exotic pet trade and are highly-priced, both in local … Read more
NEW DELHI: Arms smuggling routes are being used to ferry gold into the country and the Northeast region has recorded the highest seizure of the yellow metal in 2019-20, a report by Directorate of Revenue Intelligence has said. Arms smuggling took a hit with the decline in insurgency after 2013-14, the DRI report said. “But … Read more