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‘Several’ Intelligence Bureau officers suspended for aiding gold smuggling at Chennai airport | India News – Times of India

adminJuly 16, 202403 mins

CHENNAI: Exposing more tentacles of the gold smuggling racket at Chennai airport, government has suspended an undisclosed number of immigration officials for their suspected links with the smugglers.A top Intelligence Bureau official said three of the officials had been placed under suspension. But airport sources told TOI that many more officers have faced action.“The number…

India, Hong Kong bust money laundering racket via diamond trade – ET Retail

adminDecember 30, 202304 mins

Representative image The customs departments of India and Hong Kong have jointly busted a money-laundering network, where foreign currency was remitted out of India against import of cheap synthetic diamonds, the finance ministry said on Friday. The racket involved Indian traders who were importing synthetic diamonds from Hong Kong by wrongly declaring them as real…

GJEPC reaffirms commitment to facilitating co-operation to address G7’s concerns – ET Retail

adminOctober 3, 202303 mins

The Gem & Jewellery Export Promotion Council (GJEPC), the apex body of Indian gem and jewellery exporters, has reaffirmed its commitment to facilitating cooperation to address the G7’s concerns with regard to industry compliance. The commitment from the industry comes following the visit of a high-powered delegation from G7 countries to Mumbai and Surat in…