gold smuggling

India's gold demand is projected to drop by 50-60 tonnes in 2026, a 10% decrease, following a significant import duty hike. The World Gold Council notes this could also boost unofficial gold inflows, a trend observed historically with higher duties. Consumer sentiment and economic factors will also play a role.

In the gripping finale of 'Gold Land', Park Bo Young and Lee Kwang Soo deliver a breathtaking performance as Hee Joo unlocks her inner strength. With an unexpected partnership with Woo Gi, they battle the malevolent antagonist, standing tall as they safeguard the coveted gold bars and herald a promising new chapter in Hee Joo’s life.

The move to up the gold import duty comes days after PM Narendra Modi appeals to citizens to avoid unnecessary gold purchases for a year. But is a hike in duties an effective way to curb consumption? We take a look:

Known as the 'Golden Thief,' 42-year-old Subodh Singh from Nalanda has gained infamy for allegedly masterminding daring gold heists from behind bars at Purnia jail. The authorities are on high alert after a brazen robbery occurred in Telangana, suspected to be orchestrated with the help of illicit communication tools.