India seizes record haul of smuggled gold outside airport

February 24, 2015 3:56 PM

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India seizes record haul of smuggled gold outside airport

MUMBAI/NEW DELHI (Reuters) - Indian police said they had made the single biggest seizure of gold smuggled into the country on Tuesday after arresting six people leaving an airport with 60 kg of the precious metal flown in from Dubai.

The arrest is likely to strengthen pressure on Finance Minister Arun Jaitley to cut the gold import duty from a record-high 10 percent in his budget on Saturday.

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