Context: The Directorate of Revenue Intelligence (DRI) has launched “Operation Golden Sweep”, cracking down on a transnational gold smuggling syndicate at Mumbai’s Chhatrapati Shivaji Maharaj International Airport. About Operation Golden Sweep: What it is? A strategic intelligence-led operation by DRI aimed at dismantling a global gold smuggling network using transit passengers and airport insiders to …
General Studies-3; Topic: Indian Economy and issues relating to planning, mobilization of resources, growth, development and employment. Gold’s Historic Surge Introduction Gold recently hit a historic high, crossing ₹1 lakh per 10 grams in international markets before slightly declining. This spike reflects a confluence of global economic uncertainties, geopolitical anxieties, and inflationary trends, positioning …
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Source: BS Context: Kannada actor Ranya Rao was caught smuggling 14.8 kg of gold at Bengaluru’s Kempegowda International Airport. The Directorate of Revenue Intelligence (DRI) uncovered this major gold smuggling operation, invoking provisions under the Customs Act of 1962. About the Customs Act Of 1962: What is the Customs Act of 1962? The Customs Act, …
