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Time of India
31 minutes ago
- Time of India
ED seizes 34 crore assets of Ranya & aides in gold smuggling case
NEW DELHI: ED on Friday said it has attached properties worth Rs 34 crore linked to Kannada actor Ranya Rao and her associates in its ongoing gold smuggling and money laundering case. The case had assumed significance after the actor claimed proximity to a Karnataka home minister G Parameshwara. Premises of the latter were searched by ED in May in connection with the money laundering case. Later, ED shifted its investigation into the gold smuggling case from Bengaluru to its headquarters in Delhi. The probe unearthed a bigger racket involving several high-profile businessmen and politicians from the state, besides many hawala dealers engaged in laundering the proceeds of crime, now being estimated by the agency at around Rs 56 crore. The attached properties of the actor are located in Bengaluru and Tumkur districts of Karnataka - a house and a residential plot in Bengaluru; industrial land in Tumkur; and agricultural land in Anekal taluk, with a combined market value of over Rs 34 crore, the agency said. The 16 premises raided by ED in May included two educational trusts belonging to Parmeshwara. The trustswere found to have footed credit card bills of the actress and other expenses worth Rs 40 lakh. Rao was arrested by Customs and DRI officials on March 3 and over 14 kg gold worth Rs 13 crore was seized. ED's case is based on an FIR registered by Delhi unit of CBI on a seizure of two consignments of smuggled gold worth Rs 31 crore. Later, during searches at Rao's residence, officials also seized unaccounted cash and gold jewellery.
Time of India
42 minutes ago
- Time of India
‘Composite' move helps UP earn Rs 14,229 crore excise duty in first quarter; 21% more than last yr
Lucknow: The strategic move by the excise department to increase the density of retail English liquor and beer vends has resulted in a 21% increase in the excise duty collected through the sale of alcoholic beverages in Uttar Pradesh in the first quarter of the 2025-26 as compared to last year. The department managed to rake in Rs 14,229 crore this time, while during the April-May-June period last year, the state coffers were strengthened by Rs 11,784 crore. In another achievement, the retail liquor trade in June saw revenue increase by 30%, with collections rising from Rs 3,431 crore in June 2024 to Rs 4,458 crore. Excise minister Nitin Agarwal said, "For the first time, the department has been able to achieve the target set by the state govt. It has been possible because of regular monitoring and team efforts." The department achieved 99% of the target set by the state govt in the first quarter. "We have witnessed the highest single-month growth in June. An increase of 30% in a month is unprecedented. The scenario shows the increasing efficiency, transparency, and trust the excise department has managed to generate among the stakeholders," said excise commissioner Adarsh Singh. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 60년 묵은 혈관 찌꺼기 ,,, '이것." 하나면 다른건 하지 않아도 됩니다! 면역력 Rg3의 비결 더 알아보기 Undo The merger of beer and foreign liquor outlets into composite shops was a strategic move that increased retail density and consumer convenience without increasing the total number of outlets in the state. Moreover, focused initiatives to promote investments and exports, faster clearances, enabling policies for premium and export-oriented units, and facilitation for new entrants in the manufacturing and bottling ecosystem have led to the availability of an increased number of brands in UP.
Time of India
42 minutes ago
- Time of India
743 & counting: Locals warm up to UP's homestay policy
Lucknow: Data from the state tourism department recorded a surge in the number of people willing to start homestays. Under the newly launched Bed & Breakfast and Homestay Policy 2025, over 743 homestays and 30 agro-farm stays were already registered across the state. The policy, introduced by the Uttar Pradesh govt earlier this month, aims to offer tourists affordable, safe, and culturally rich accommodations while unlocking new income opportunities for local residents. Reacting to the response, tourism and culture minister Jaiveer Singh said: "When a tourist comes to explore a destination, the experience of living with local people, eating their food, speaking their dialect, and understanding their way of life enhances tourism far beyond traditional sightseeing. Homestays and farm stays in many ways ascertain that this goal is achieved." Describing the trend as 'heartening', principal secretary, tourism and culture Mukesh Meshram said: "The number speaks for the tourism sector's potential to create jobs." Sharing that the growth was especially strong in key destinations like Agra, Mathura, Vrindavan, and Prayagraj, he added: "The policy-led development in the area will also diversify UP's accommodation landscape besides raising service quality standards across the board." by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 60년 묵은 혈관 찌꺼기 ,,, '이것." 하나면 다른건 하지 않아도 됩니다! 면역력 Rg3의 비결 더 알아보기 Undo It may be noted that as per the policy, only homeowners can apply for non-commercial establishments, and hotels or guest houses have been excluded. One can offer up to six rooms or two-thirds of their residential property to tourists. A five-member committee led by the district nagistrate in each district oversees the registration process, inspections, and subsidy recommendations. To further support registered homestays, the state govt is offering financial reimbursements up to Rs 1 lakh for participation in national tourism events and Rs 3 lakh for international travel fairs and roadshows. This support is intended to help small, local operators reach wider markets and build sustainable tourism businesses.
