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The issue of gold smuggling has once again come to the forefront with the recent arrest of Kannada actress and daughter of a Karnataka IPS officer, Ranya Rao. Rao was apprehended by the Directorate of Revenue Intelligence (DRI) with 14.8 kg of gold hidden in her body, sparking renewed attention on the ongoing problem of illegal gold smuggling into India. As reports of gold smuggling incidents flood the news, even ordinary international travellers have begun expressing concerns over the legal limits of gold and cash they can carry while travelling...

Alden Bentley, Harry Robertson and Ankur Banerjee  |  ReutersTrump doubles tariffs on China; China retaliates with tariffs on US goodsUnited States President Donald Trump doubled the tariff on Chinese imports, bringing that rate to 20%. China retaliated by announcing 15% tariffs on various imports from the US.Fox - SeattleThe dollar fell to a three-month low on Tuesday as concerns about slowing growth and the impact from tariffs on the U.S. economy outweighed any potential boost from new levies on Canada, China and Mexico.President Donald Trump's 25% tariffs on goods from Canada and Mexico took effect Tuesday, along with a doubling of duties on Chinese goods to 20%.In response, China said it will...