India

DRI busts smuggling rackets, seizes 31kg gold

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03/02/2020

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Gold smuggling on the rise as high prices boost appeal in India

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Ethiopian woman held for smuggling gold at IGIA

18/11/2016

New Delhi: An Ethiopian woman has been arrested for allegedly trying to smuggle into the country gold worth Rs 89...

India’s coal imports to reach 160 mln mt in fiscal 2016-17

18/11/2016

NEW DELHI: India is expected to import around 160.16 million mt of coal in the current fiscal year 2016-17 (April-March),...

India’s bank note reform may reduce inflation further

17/11/2016

NEW DELHI: India's bank note reform has pushed up deposit growth and boosted liquidity that may, in turn depress, inflationary...

Two Srilankan national arrested for smuggling morphine

15/11/2016

KOLKATA: Two Srilankan nationals, trying to take a Chennai bound flight from Kolkata, were arrested and 230 gram Morphine was...

Vodafone India’s quarterly revenues grow 5.4%

15/11/2016

NEW DELHI: Vodafone India saw its service revenue for the three months to 30 September 2016 grow by 5.4 percent...

India’s April-Sept tea exports drop 5% as Pakistan cuts purchases

14/11/2016

MUMBAI: India's tea exports in April to September fell 5 percent from a year ago to 101.04 million kg as...

Mumbai Customs writes to top importers and exporters on programme to ease inspections

MUMBAI: Some of the firms which have been told to apply for the programme include Reliance Jio Infocomm, Skoda Auto,...

Hindalco’s net profit jumps 255% in Q2

MUMBAI: Hindalco Industries Limited, the flagship company of the Aditya Birla Group, on Saturday reported a 255 per cent jump...

Soybean meal export increases 55% in October

NEW DELHI: Soybean meal exports rose over 55% in October from a month ago due to a drop in its...

Japan, India sign nuke pact

TOKYO: Japan signed a pact Friday in which it agreed to sell India civil nuclear power equipment and technology, as...

Customs, DRI keep close watch on gold smuggling

KOCHI: Caught by surprise over the Centre’s sudden move to demonetise Rs 500 and Rs 1000 currency notes, the Customs...

India’s Containerized Shredded Scrap import prices down 2.6% in October

MUMBAI: India containerized shredded scrap import monthly average prices down 2.6 percent to $232.40 during the month of October. Indian...

HSBC, Reliance complete India’s first digital export transaction

NEW DELHI: Banking and financial services major HSBC and energy and petrochemicals giant Reliance Industries Ltd (RIL) have announced that...

Polaris posts 6% revenue growth, CEO Jitin Goyal resigns

CHENNAI: Polaris Consulting & Services Ltd (Polaris) said on Thursday that its CEO Jitin Goyal has resigned from the company....

India’s bank note ban to disrupt gold smuggling business

DELHI: India's surprise move to abolish high-value bank notes has started to disrupt cash-based gold smuggling and should benefit official...

Attempts of bovine smuggling foiled, 23 animals rescued

JAMMU: Police today foiled two separate attempts of bovine smuggling and rescued 23 animals besides affecting arrest of a smuggler...

India’s fuel demand rose 8.1% YOY in October

NEW DELHI: India's fuel demand rose 8.1 percent in October compared with the same month last year. Consumption of fuel,...

Adani Group’s made in India solar equipment 10-15% costly than imports

BHATINDA: Adani Group’s made in India solar modules and solar photo-voltaic cells prices will be around 10-12 per cent higher...

Customs seizes gold worth Rs3.356m from air passenger

09/11/2016

DELHI: Officers of Customs Air Intelligence Unit at Mangaluru International Airport have busted a unique modus operandi of gold smuggling...

IndiGo Q2 profit rises 24% to Rs 140 crore