India’s renewables boom set to lift power exchange spot trading

Buyers will increasingly turn away from traditional long-term contracts in favour of cheaper renewable energy: Rohit Bajaj, head of business development, IEX

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MUDA scam: Karnataka Lokayukta seeks more time to submit final report

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Bengaluru : The arrest of Kannada film actor Ranya Rao, daughter of a senior IPS officer in Karnataka , has exposed a major gold smuggling operation in India. Investigations by the Directorate of Revenue Intelligence (DRI) revealed that the 31-year-old actress used an unusual method to evade security checks — she attached 14 gold bars to her thighs using adhesive, wrapped them with tape, and concealed them under a crepe bandage. Officials described her arrest as one of the biggest breakthroughs in recent gold smuggling cases. So far, authorities have seized 17.29 kg of gold and cash in the case. This includes 14.8 kg of gold worth Rs 12.56 crore recovered at the airport, Rs 2.06 crore worth of gold from her Bengaluru residence, and apart from that Rs 2.67 crore in cash. Ranya Rao was apprehended on Monday night upon her arrival at Kempegowda International Airport in Bengaluru on an Emirates flight from Dubai. The DRI, acting on prior intelligence, deployed a four-member team at t...
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