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By:

Dr. Abhilash Dawre

19 March 2025 at 5:18:41 pm

Rs 27 crore worth narcotics seized; inter-state cartel uncovered

Thane : In a major breakthrough against drug trafficking, Mumbra police have seized a massive stockpile of mefedrone valued at approximately 27.21 crore. Acting on critical intelligence, the Narcotics Control Unit conducted a special operation extending as far as Madhya Pradesh, resulting in the arrest of five key drug traffickers involved in supplying large quantities of mefedrone to the Thane region.   The operation was led by Assistant Police Inspector Rohit Kedar and Ganesh Jadhav under...

Rs 27 crore worth narcotics seized; inter-state cartel uncovered

Thane : In a major breakthrough against drug trafficking, Mumbra police have seized a massive stockpile of mefedrone valued at approximately 27.21 crore. Acting on critical intelligence, the Narcotics Control Unit conducted a special operation extending as far as Madhya Pradesh, resulting in the arrest of five key drug traffickers involved in supplying large quantities of mefedrone to the Thane region.   The operation was led by Assistant Police Inspector Rohit Kedar and Ganesh Jadhav under the supervision of Senior Police Inspector Anil Shinde. The initial seizure took place near Bilal Hospital, where suspect Basu Sayyed was caught with 23.5 grams of mefedrone. Further interrogation revealed a large-scale supply chain sourcing drugs from Madhya Pradesh.   Subsequently, police arrested Ramsingh Gujjar and Kailas Balai, recovering an additional 3.515 kilograms of mefedrone from their possession. Investigations traced the supply back to two major traffickers Manohar Gurjar and Raju Mansuri based in Madhya Pradesh.   The Mumbra police team then traveled to Madhya Pradesh, arresting both Gurjar and Mansuri and confiscating a staggering 9.956 kilograms of mefedrone from them.   In total, the operation resulted in the seizure of 13.6295 kilograms of mefedrone, with a street value exceeding 27.21 crore. All five accused have been taken into custody.   According to police sources, the arrested individuals have prior records involving serious offenses under the Narcotic Drugs and Psychotropic Substances (NDPS) Act, Indian Penal Code, and Arms Act. They were engaged in trafficking mefedrone in bulk quantities from Madhya Pradesh to the Thane region.   This successful operation was carried out under the guidance of ACP Priya Damale (Kalwa Division), Senior Police Inspector Anil Shinde, Crime Inspector Sharad Kumbhar, and supported by the NDPS unit officers and staff of Mumbra Police Station.   Since January this year, Mumbra police’s NDPS unit has conducted 954 seizures and 58 raids, confiscating narcotics worth over 48 crore, significantly impacting drug trafficking activities in the area.

India bears the brunt: Nifty crashes 1,100, Sensex nosedives 3,900 points after US trade shock



India woke up to a financial jolt this morning as its equity markets suffered their steepest fall in nearly a year, shaken by the ripple effects of US President Donald Trump’s aggressive new tariff regime. The Sensex plunged over 3,900 points at opening bell, while the Nifty tumbled more than 1,100 points, dragging Indian stocks to a 10-month low.


This sharp decline follows a global equity rout triggered by Trump's protectionist measures, which have sent panic waves across Asia and raised the spectre of a global recession. Investors dumped shares in a massive sell-off, with Indian benchmarks reacting sharply in early trade. The Sensex dropped to 71,425.01 — down 3,939.68 points — while Nifty slipped to 21,743.65, marking a 3.5% slide from the last session.


Adding to the pressure, the Indian rupee depreciated 30 paise to open at 85.74 against the US dollar.


India Among the Hardest Hit

Trump’s latest tariff hike — framed as a push to restore fairness to global trade — has imposed country-specific duties that go as high as 50%. India has been slapped with a 26% tariff, while a 10% baseline duty applies to all nations. This has set alarm bells ringing among Indian exporters and traders already struggling with global demand volatility.


President Trump, unfazed by the financial carnage, likened the move to a bitter but necessary cure. “Sometimes you need the medicine to fix something,” he told reporters earlier today.


Analysts Urge Economic Safeguards

Market experts believe that India's current market turmoil isn't rooted in domestic issues but is rather a consequence of being tightly woven into global investment flows.


“India will face the heat, not due to domestic reasons, but as an interlinked chain in the global portfolio flows,” said Ajay Bagga, a noted market expert. “India will need a fiscal, monetary, and reform package to protect the domestic economy from this global economic winter that is threatening to settle in.”


Sunil Gurjar, SEBI-registered research analyst, warned that the Nifty50 index has breached its first support level and is approaching the next. "A further breakdown could worsen the trend and accelerate the fall," he cautioned.


Asian Markets Bleed

The tremors from Trump's announcement were first felt in Asia, with key markets suffering steep losses. China's stock markets fell over 4% amid retaliatory tariffs of 34% against the US. Hong Kong's Hang Seng nosedived more than 10%, while Japan’s Nikkei index fell 6.5% after plunging 8% earlier in the day. Taiwan saw a near-10% collapse, and Singapore dropped over 8%.


Wall Street Braces for Impact

US markets, though yet to open, appear set for a rough start. Futures contracts on the New York Stock Exchange are sharply down, suggesting heavy losses once trading resumes.


Market sentiment globally has turned bearish, with fears of a looming recession taking hold. Stephen Innes of SPI Asset Management described the scene as “free-fall mode,” noting, “Trump’s team isn’t blinking. The tariffs are being treated as a victory lap, not a bargaining chip.”

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