Another accused, Usha Rajasekar, his wife, is still at large according to preliminary reports. The Interpol acted based on a Red Corner Notice issued by TN police in April this year.
Besides, smugglers contact the couriers through agents and for every consignment successfully smuggled into Tiruchy, the couriers get the promised payment, the source added.
On Monday night, Divya received a call about a ring that was found at Bennigenahalli station and was asked to identify if it were hers and produce some proof of purchase.
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Both the capital gains as well as interest earned on SGBs are, however, taxable.
The robbers roughed them up and looted the gold earrings, chain and bangles which Chand’s wife was wearing. They then tied up Chand, his wife and elder son with bed sheets.
A 47-year-old man from Bengaluru, who was found carrying 2.4kg of contraband gold in his backpack and had allegedly ‘used’ his 10-year-old son, who was accompanying him, to escape detection.
The saffron, also known as “red gold” for its special aroma, flavour and colouring agent, is mostly cultivated in Pampore and adjoining areas in south Kashmir.
Three separate passengers on board Indigo flight 6E 1056 from Bangkok were caught, and each of them was wearing two crude gold chains around their necks, weighing 300 grams.
Thompson-Herah, 31, is the second-fastest woman in history over 100 metres after clocking a time of 10.54sec in Eugene in the US state of Oregon in 2021.
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According to Satya Srinivas, additional secretary at Department of Commerce, the large trade deficit was on account of a 95% YoY increase in gold imports during October,
The officer could be hauled up as the seized bundles were kept in a conference room instead of in a vault.
Kalyan Jewellers has recorded a 27% jump in its profit in the second quarter of the financial year amid the rising gold prices.
After a brief lull, it was witnessed again following the break-out of hostilities between Russia and Ukraine, which has since, escalated into a full blown war too.
Sabu and his wife work at Chittoor in Palakkad and come to the house in Ayiroor only on weekends. The theft came to light on Friday night when the family came back to their house.
A Customs source said that five of the passengers had concealed the gold in semi-solid form in their rectum.
Prices rise 11% year-to-date on economic, geopolitical uncertainties
"We are expecting about 650 kg of sale of gold jewellery this Dhanteras across our stores. If prices soften, then the sales might be even more," Joyalukkas' Chairman said.
A total of 30.245 kg of gold valued at Rs 14.82 crore was seized from the Thiruvananthapuram airport in 2020, as per the customs department.