Vadodara Robbery Exposes Rs 2.54 Crore Currency Racket
A Rs 10 lakh robbery investigation in Vadodara led police to seize foreign currency from 20 countries worth over Rs 2.54 crore, uncovering a suspected international exchange racket.
Category : Search result: foreign currency seizure
India's Forex Reserves Rise to $687.2 Billion
India's foreign exchange reserves increased by $392 million in the week ending January 9, reaching a total of $687.2 billion, as reported by the Reserve Bank of India.
RBI Extends Export Payment Window for Rupee Trade
The Reserve Bank of India has amended foreign trade rules, allowing exporters 18 months to realise proceeds for transactions invoiced and settled in rupees, up from 15 months for foreign currency deals.
RBI Gold Reserves Jump $1.6 Billion, Forex Hits $687.2 Billion
India's forex reserves rose $392 million to $687.2 billion as a sharp jump in gold value offset a fall in foreign currency assets. The RBI's strategy shows a clear shift toward diversification.
India's Forex Reserves Rise to $687.19 Billion
India's foreign exchange reserves increased by $392 million to $687.19 billion in the week ending January 9, according to RBI data. Gold reserves provided strong support, rising by $1.568 billion.
India's Forex Reserves Rise to $687.19 Billion
India's foreign exchange reserves increased by $392 million, reaching $687.19 billion. The rise reflects currency valuation changes in non-US assets like the euro, pound, and yen.
Rupee Drops to 90.44 vs Dollar Amid FPI Outflows, Trade Deficit
The Indian rupee depreciated to 90.44 against the US dollar, marking a third straight session of decline. Analysts cite foreign investment outflows, a strong dollar, and trade deficit as key pressures.
Ahmedabad Airport Seizes Rs 42 Lakh in Foreign Currency
Customs officials at Ahmedabad airport detained a man bound for Bangkok after finding undeclared foreign currency worth Rs 42.06 lakh in his baggage. This marks the third major seizure in two days.
Police Seize Liquor, Firearms in Ganjam-Gajapati Raids
Police in Ganjam and Gajapati districts conducted surprise raids under 'Operation Strike', seizing firearms, country liquor, and arresting multiple individuals ahead of Makar Sankranti.
Patna Police arrests 3, seizes pistols and illicit liquor
Patna Police conducted two successful raids, arresting three criminals including a fugitive. The operation led to the recovery of country-made pistols and illicit liquor. Read the full details of the crackdown here.
7th Arrest in Jammu Cross-Border Narcotics and Arms Syndicate
Jammu SIT makes 7th arrest in major cross-border narcotics and arms syndicate, seizing a Beretta pistol and ammo. Probe reveals Rs 30 crore heroin haul and interstate links. Read the full investigation details.
Forex reserves fall $980 million to $686.80 billion
India's foreign exchange reserves declined by $980 million to $686.80 billion for the week ending May 17, as per RBI data. Explore the key factors behind this drop and its economic implications.
India's Forex reserves fall by $9.8 billion to $686.8 bn
India's foreign exchange reserves declined by $9.809 billion to $686.801 billion for the week ending January 2, as per RBI data. Read the full analysis of the components and what this means for the economy.
US Releases Russian Crew After Tanker Seizure in Atlantic
The US has released two Russian crew members from a seized oil tanker, easing diplomatic tensions. Russia welcomed the move after calling the initial seizure illegal and provocative. Read the full details.
Temples & Monuments on Indian Currency Notes
Discover the iconic temples and historical monuments featured on Indian ₹10, ₹20, ₹50, ₹100, ₹200, and ₹500 notes. A visual journey through India's architectural heritage.
Major Drug Busts in Banga, Punjab; Heroin, Poppy Husk Seized
Punjab Police crack down on narcotics in Banga, arresting individuals and seizing heroin, poppy husk, and intoxicant tablets. Read about the ongoing war on drugs.
19.98kg heroin seized in Punjab, 4 arrested including juvenile
Punjab Police's ANTF and BSF seized 19.98kg heroin near Amritsar, arresting four, including a key operative linked to Pakistan-based handlers. Read the full details of the cross-border drug bust.
Fake Currency Gang Busted in Kanpur, 2 Arrested
Kanpur police and SOG arrested two men from Mahoba with 225 fake Rs 500 notes. Equipment for printing counterfeit currency was also seized. Read the full details of the inter-district bust.
1 Crore Gold Seized at Chennai Airport from Dubai Flight
Chennai Customs officials seized 700g of gold paste worth ₹1 crore from a Dubai passenger. The gold was cleverly concealed in a rubbery ball. Read the full story of the airport bust.
Rs 14 Crore Drugs, Diamonds, Gold Seized at Mumbai Airport
In a major bust, Mumbai Customs seized hydroponic weed, diamonds, and gold worth Rs 14 crore from a passenger arriving from London. Details on the multi-crore seizure at Chhatrapati Shivaji Maharaj International Airport.
Rs 2.75 Crore Drugs, Liquor Seized Ahead of Thane Polls
Ahead of Thane civic polls, authorities seize narcotics and liquor worth Rs 2.75 crore to ensure free & fair elections. Read about the massive pre-poll crackdown.
11,000 Fake Notes Worth Rs 34 Lakh Found in Delhi Banks
Delhi Police registers cases after 18 banks report nearly 11,000 counterfeit notes worth Rs 34 lakh. Investigation reveals sophisticated mixing with real currency. Read the full report.
India's Forex Reserves Rise to $696.61 Billion
India's foreign exchange reserves surged by $3.293 billion to $696.61 billion as of December 26, RBI data shows. Gold holdings led the increase. Read the full analysis.
Major Drug Bust in Jalandhar: Four Arrested, Narcotics Seized
Jalandhar police arrested four individuals and seized a large quantity of drugs, including heroin and intoxicant powder. The operation highlights ongoing efforts to combat drug trafficking in Punjab. Read more.
Indian rupee set for flat opening as traders assess flows
The Indian rupee is expected to open steady as market participants adopt a cautious stance, evaluating fresh dollar inflows after a challenging 2025. Discover the key factors shaping its trajectory in early 2026.
Ahmedabad Airport Seizes Rs 8 Crore Hydroponic Cannabis
Customs at Ahmedabad's SVPI Airport seized 7.7kg of high-grade hydroponic cannabis from a Bangkok passenger. Valued at Rs 8 crore, the bust was based on DRI intelligence. Read the full story.
Rs 3.8 Crore Gold Dust Seized at Mumbai Airport
DRI officials at Mumbai airport seized 3.05 kg of 24-carat gold dust worth Rs 3.8 crore from a Bahrain arrival. Read the full details of the smuggling attempt.
Rupee opens 2026 weak, hits 89.99 against US dollar
Indian rupee begins 2026 on a weak note, slipping to 89.99 against the dollar. It fell nearly 5% in 2025, becoming Asia's worst-performing currency. Read the full analysis.
China's e-Yuan to Offer Interest from 2026
China plans interest payments on its digital yuan from 2026, aiming to boost adoption and challenge the dollar. This CBDC experiment could reshape global banking and finance. Read the full analysis.
Indore Police Arrests Absconding Accused in Major Drug Case
Indore police's crime branch arrests absconding drug supplier Brajkant Choursiya. Seizure worth over ₹5.57 lakh included ganja & MD drugs. Read the full investigation details here.
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