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Announcements & other updates

NLMC sells 150 RINL land plots for ₹366.33 crore in first e-auction phase

The Ministry of Finance announced on 13 October 2026 that the National Land Monetization Corporation (NLMC) sold 150 land plots belonging to Rashtriya Ispat Nigam Limited (RINL) in Visakhapatnam. The first phase of the e-auction generated ₹366.33 crore, with the highest price exceeding ₹1.80 lakh per square yard.

Source details
Issued by
Ministry of Finance
Published on
Press Information Bureau, pib.gov.in (Press releases)
File hosted on
www.pib.gov.in, the government's file server for pib.gov.in
Dated
13 October 2026
The link opens
The original press release on the government website, in a new tab, unchanged.
Our check
Drafted from the release text and checked by software. Not yet reviewed by a person.

October 20261 item

Announcements & other updates

DRI seizes 5.8 kg of smuggled gold worth nearly Rs 9 crore in Visakhapatnam

The Ministry of Finance announced on 11 October 2026 that the Directorate of Revenue Intelligence (DRI) seized 5,832.90 grams of 24-carat foreign-origin gold. The gold, valued at approximately Rs 8.98 crore, was found in a hidden cavity under the front passenger seat of a car intercepted at Visakhapatnam between 8 and 9 October 2026.

Who it affects
2 passengers
When · Where
On 8 October 2026: interception of car at Visakhapatnam (+1 more) · Visakhapatnam
Source details
Issued by
Ministry of Finance
Published on
Press Information Bureau, pib.gov.in (Press releases)
File hosted on
www.pib.gov.in, the government's file server for pib.gov.in
Dated
11 October 2026
The link opens
The original press release on the government website, in a new tab, unchanged.
Our check
Drafted from the release text and checked by software. Not yet reviewed by a person.