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2020 Kerala Gold Smuggling Case
On July 5, 2020, of 24 carat gold worth ₹14.82 crores was seized by Central Board of Indirect Taxes and Customs at Thiruvananthapuram Airport from a diplomatic bag that was meant to be delivered to the UAE Consulate in Thiruvananthapuram. M Sivasankar, the principal secretary to Kerala CM Pinarayi Vijayan, was suspended and removed from the post after preliminary inquiry confirmed that he had links with Swapna Suresh, one of the accused in the National Investigation Agency (NIA) probe. Background Gold smuggling was rampant in India until liberalisation, which repealed The Gold (Control) Act, 1968 that prohibited the import of gold except for jewellery. In 2011–12 period India's Current account deficit burgeoning to 4.2% of GDP. This was due to high prices of oil and gold which country imports in huge volumes. The Government of India in consequence to this made a series of hikes in Import duty of Gold. This created a lucrative ground for an upsurge in Gold smugg ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Thiruvananthapuram International Airport
Thiruvananthapuram International Airport , is an international airport which serves Thiruvananthapuram, the capital city of Kerala, India. Established in 1932, it is the first airport in the state of Kerala and fifth international airport of India, officially declared in 1991. It is the operating base of Air India, Air India Express, IndiGo and SpiceJet. Spread over an area of , the airport is approximately due west from the city centre and the Padmanabhaswamy Temple, from Kovalam beach, from Technopark and from the under construction Vizhinjam International Seaport. It shares a visible proximity to Shankumugham Beach making it the nearest airport to a sea in India, just about 0.6 miles (approx. 1 km) away from the sea. The airport is the eighth busiest airport in India in terms of international traffic and the twenty second–busiest overall. In fiscal year 2018–19, the airport handled more than 4.4 million passengers with a total of 33,093 aircraft movements. In ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Import Duty
A tariff is a tax imposed by the government of a country or by a supranational union on imports or exports of goods. Besides being a source of revenue for the government, import duties can also be a form of regulation of foreign trade and policy that taxes foreign products to encourage or safeguard domestic industry. ''Protective tariffs'' are among the most widely used instruments of protectionism, along with import quotas and export quotas and other non-tariff barriers to trade. Tariffs can be fixed (a constant sum per unit of imported goods or a percentage of the price) or variable (the amount varies according to the price). Taxing imports means people are less likely to buy them as they become more expensive. The intention is that they buy local products instead, boosting their country's economy. Tariffs therefore provide an incentive to develop production and replace imports with domestic products. Tariffs are meant to reduce pressure from foreign competition and reduce the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cochin International Airport
Cochin International Airport is an International airport serving the city of Kochi, in the state of Kerala, India. Located at Nedumbassery, about northeast of the city centre, Cochin International Airport is first of its kind which is developed under a public-private partnership (PPP) model in India. This project was funded by nearly 10,000 non-resident Indians from 32 countries. It is the busiest and largest airport in the state of Kerala and 4th biggest airport in South India. , the Cochin International Airport caters to 61.8% of the total air passenger movement in Kerala. It is the third busiest airport in India in terms of international traffic and also ninth busiest overall. In fiscal year 2018–19, the airport handled more than 10.2 million passengers with a total of 71,871 aircraft movements. The airport operates three passenger terminals and one cargo terminal with a total area of over . In 2015, Cochin International Airport became the world's first fully sol ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Coimbatore International Airport
Coimbatore International Airport is the primary airport serving the industrial cities of Coimbatore and Tiruppur in Tamil Nadu, India. It is located in the neighbourhood of Peelamedu, about from the center of Coimbatore. It is the 18th-busiest airport in India for passengers handled, 17th-busiest for total aircraft movement and 15th-busiest for cargo handled. It is the second busiest airport in Tamil Nadu in terms of total passenger traffic after Chennai International Airport. The airport is served by five Indian and three foreign carriers providing direct connectivity to nine domestic and three international destinations. History The Prime Minister of India declared the government's intention to upgrade Coimbatore Airport to international status in a meeting with senior ministers on 6 June 2012 and the Union Cabinet granted it the status of international airport on 2 October 2012. Infrastructure The airport has one runway, which was extended to from in order to acco ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mangalore International Airport
Mangalore International Airport , is an international airport serving the coastal city of Mangalore, India. It is one of the only two international airports in Karnataka, the other being Kempegowda International Airport, Bangalore. Mangalore International Airport is the second busiest airport in Karnataka. In addition to domestic destinations, flights depart daily for major cities in the Middle East. The airport was named Bajpe Aerodrome, when it opened on 25 December 1951 by former Prime Minister Jawaharlal Nehru arrived then on a Douglas DC-3 aircraft. Overview The airport is near Bajpe, around northeast of Mangalore city centre. It is on top of a hill, with two tabletop runways (09/27 and 06/24). Only two other airports in India have tabletop runways – Kozhikode and Lengpui. The very small and basic terminal was renovated in the early 2000s, adding parking controls, additional seating and additional cafés. The airport was initially used for limited domestic fligh ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gulf Cooperation Council
The Cooperation Council for the Arab States of the Gulf ( ar, مجلس التعاون لدول العربية الخليج ), also known as the Gulf Cooperation Council (GCC; ar, مجلس التعاون الخليجي), is a regional, intergovernmental, political, and economic union comprising Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates. The council's main headquarters is located in Riyadh, the capital of Saudi Arabia. The Charter of the GCC was signed on 25 May 1981, formally establishing the institution. All current member states are monarchies, including three constitutional monarchies (Qatar, Kuwait, and Bahrain), two absolute monarchies (Saudi Arabia and Oman), and one federal monarchy (the United Arab Emirates, which is composed of seven member states, each of which is an absolute monarchy with its own emir). There have been discussions regarding the future membership of Jordan, Morocco, and Yemen. During the Arab Spring in 2011, Saudi Arab ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Calicut International Airport
Calicut International Airport , also known as Kozhikode Airport or Karipur Airport, is an international airport located in Karipur, Malappuram district of Kerala, India. It serves the Malabar region of Kozhikode, Malappuram, Wayanad and Palakkad. It is situated 28 kilometers away from Kozhikode city and 25 kilometers away from Malappuram city. It serves two of the seven metropolitan areas in the state - Kozhikode metropolitan area and Malappuram metropolitan area. The airport opened on 13 April 1988. The airport serves as an operating base for Air India Express and operates Hajj Pilgrimage services to Medina and Jeddah from Kerala. It is the twenty first–busiest airport in India in terms of overall passenger traffic and also the sixth-busiest airport in India after Delhi, Mumbai, Kochi, Chennai and Hyderabad in terms of international traffic. It received international airport status on 2 February 2006. It is one of a few airports in the country with a tabletop runway. H ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kerala Gulf Diaspora
The Kerala Gulf diaspora refers to the people of Kerala living in the West Asian Arab states of the Persian Gulf. In 2008, they numbered more than 2.5 million. Nearly 80 percent of Indians living in Kuwait are from Kerala according to the 2008 survey commissioned by the Department of Non Resident Keralites Affairs, Department of Non-resident Keralite Affairs. The Gulf Boom The "Gulf Boom" refers to the mass migration of a large number of people from the Indian state of Kerala to the Gulf Cooperation Council, GCC states from 1972 to 1983. Largely consisting of the migration of Malayalis, the dominant indigenous ethnic group in Kerala, the movement of many migrant workers from Kerala to the GCC states continues to the present day, although in smaller numbers after the 2008 international financial crisis began to affect the GCC region. This initial wave of migration is usually referred to as the ''Kerala Gulf Boom''. In 2010, the GCC states contained a total Keralite population of m ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gold Business In Thrissur
The Gold business in Thrissur is a major revenue earner for the economy of Kerala, India. About 500 kg of gold jewellery is manufactured every year in state, the majority of which is done in Thrissur, making the city a hub of gold business and gold jewellery manufacturing in Kerala and South India. All major jewellery groups in Kerala have manufacturing facility and showrooms in Thrissur. History Thrissur's destiny with gold started a long way back with Roman and Arab traders in the lost port city of Muziris in Kodungallur. The bad days of goldsmiths started when Economic liberalisation in India began in 1990's. The repeal of the Gold Control Act, introduction of provisions relating to gold in the Foreign Exchange Regulation Act, 1973, and the grant of permission to Non-Resident Indians (NRIs) to bring in up to 5 kg, subsequently raised to 10 kg of gold on payment of a small duty in foreign exchange. This was the last nail in the coffin of the goldsmiths. The de- ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Myanmar
Myanmar, ; UK pronunciations: US pronunciations incl. . Note: Wikipedia's IPA conventions require indicating /r/ even in British English although only some British English speakers pronounce r at the end of syllables. As John C. Wells, John Wells explains, the English spellings of both Myanmar and Burma assume a non-rhotic variety of English, in which the letter r before a consonant or finally serves merely to indicate a long vowel: [ˈmjænmɑː, ˈbɜːmə]. So the pronunciation of the last syllable of Myanmar as [mɑːr] or of Burma as [bɜːrmə] by some speakers in the UK and most speakers in North America is in fact a spelling pronunciation based on a misunderstanding of non-rhotic spelling conventions. The final ''r'' in ''Myanmar'' was not intended for pronunciation and is there to ensure that the final a is pronounced with the broad a, broad ''ah'' () in "father". If the Burmese name my, မြန်မာ, label=none were spelled "Myanma" in English, this would b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bhutan
Bhutan (; dz, འབྲུག་ཡུལ་, Druk Yul ), officially the Kingdom of Bhutan,), is a landlocked country in South Asia. It is situated in the Eastern Himalayas, between China in the north and India in the south. A mountainous country, Bhutan is known as "Druk Yul," or "Land of the Thunder Dragon". Nepal and Bangladesh are located near Bhutan but do not share a land border. The country has a population of over 727,145 and territory of and ranks 133rd in terms of land area and 160th in population. Bhutan is a Constitutional Democratic Monarchy with King as head of state and Prime Minister as head of government. Mahayana and Vajrayana Buddhism is the state religion and the Je Khenpo is the head of state religion. The subalpine Himalayan mountains in the north rise from the country's lush subtropical plains in the south. In the Bhutanese Himalayas, there are peaks higher than above sea level. Gangkhar Puensum is Bhutan's highest peak and is the highest uncl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bangladesh
Bangladesh (}, ), officially the People's Republic of Bangladesh, is a country in South Asia. It is the eighth-most populous country in the world, with a population exceeding 165 million people in an area of . Bangladesh is among the most densely populated countries in the world, and shares land borders with India to the west, north, and east, and Myanmar to the southeast; to the south it has a coastline along the Bay of Bengal. It is narrowly separated from Bhutan and Nepal by the Siliguri Corridor; and from China by the Indian state of Sikkim in the north. Dhaka, the capital and largest city, is the nation's political, financial and cultural centre. Chittagong, the second-largest city, is the busiest port on the Bay of Bengal. The official language is Bengali, one of the easternmost branches of the Indo-European language family. Bangladesh forms the sovereign part of the historic and ethnolinguistic region of Bengal, which was divided during the Partition of India in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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