New Delhi, Nov 15: A joint operation by anti-narcotics agencies led to the seizure of about 700 kg of drugs and the arrest of eight Iranian nationals from Indian territorial waters off the Gujarat coast around Porbandar on Friday.

The street value of the seized Methamphetamine, a synthetic recreational variety of narcotics, could be anywhere between Rs 2,500-3,500 crore in the international market, according to Narcotics Control Bureau (NCB) officials.

An operation codenamed 'Sagar Manthan- 4' was launched based on intelligence inputs to intercept an un-registered vessel, without an AIS (automatic identification system) or an electronic boat or ship-tracking indicator, that will be entering the Indian waters with drugs, the NCB said in a statement.

The suspect vessel was identified and "interdicted" by the Navy by mobilising its maritime patrol assets (ships) and the seizure of the drugs and apprehensions took place on Friday, it said.

"A huge consignment of about 700 kg of Methamphetamine was interdicted in Indian Territorial waters. During this operation, eight foreign nationals were arrested who claim to be Iranians," the NCB said.

The eight men do not have any identity documents, it said.

The operation was carried out jointly by the NCB, Navy and Gujarat Police Anti-Terrorist Squad (ATS).

The Indian Navy in a "coordinated operation" with the NCB and Gujarat Police intercepted a suspicious boat leading to the seizure of the drugs, a Navy spokesperson said in New Delhi.

"This is the second major successful coordinated anti-narcotics operations at sea by the Navy this year," he said.

The navy said it is committed to ensuring a safe and secure maritime environment while preventing illegal use of the seas.

Union Home Minister Amit Shah said the operation stands out as a stellar example of the government's commitment to the vision and the seamless coordination among our agencies in achieving the same.

"Pursuing PM Shri @narendramodi Ji's vision for a drug-free Bharat, our agencies today busted an international drug trafficking cartel and seized over approx. 700 kg of contraband meth in Gujarat," Shah wrote on 'X'.

As much as 3,500 kgs of drugs being trafficked through the maritime route has been seized by these agencies this year with the arrest of 11 Iranians and 14 Pakistani nationals in three cases.

All these foreigners are currently lodged in jail awaiting court trial, as per the NCB.

"These significant operational achievements in the Indian territorial waters are a testament to our resolve to eradicate the scourge of drugs from India to realize our vision of a 'Nasha Mukt Bharat' (drugs-free India) by 2047," it said.

The NCB said the Union government has recently created 111 posts, including 5 superintendent of police-level posts, in the agency in addition to 425 posts created over the last 2 years.

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New Delhi, Nov 15: Rishabh Pant, Shreyas Iyer, KL Rahul and Arshdeep Singh will headline a 574-strong list of players with top base price of Rs 2 crore at the upcoming Indian Premier League auction scheduled in Saudi Arabia's Jeddah on November 24 and 25.

Thirteen-year-old India U-19 cricketer Vaibhav Suryavanshi from Bihar is the youngest among the lot at Rs 30 lakh base price.

The BCCI on Friday pruned the initial list of 1574 players down to 574 out of which 366 are Indians and 208 from overseas. All the current India players are in top base price bracket.

Apart from Pant, set to be the costliest buy at the auction with a team like Punjab Kings aiming to go the distance with Rs 110.50 crore in its kitty, the other big names include IPL winning captain Shreyas Iyer, India's most prolific T20I bowler Arshdeep Singh, KL Rahul, Mohammed Shami, Mohammed Siraj, Yuzvendra Chahal and Avesh Khan.

There are 81 players in the top bracket while 27 are in Rs 1.5 crore category. There are 18 in the Rs 1.25 crore category while 23 have priced themselves at Rs 1 crore.

Jos Buttler of England also enjoys the top base price bracket of Rs 2 crore along with countrymen Harry Brook and Jonny Bairstow while the retired James Anderson, at Rs 1.25 crore base price, has made it to the curtailed list despite T20 not being his strongest format.

The biggest names in the top bracket from overseas are Kagiso Rabada, Anrich Nortje from South Africa, Glenn Maxwell, Marcus Stoinis, Mitchell Starc from Australia. Marco Jansen and Rachin Ravindra are priced at Rs 1.25 crore.

There are 48 capped Indians while 193 are capped overseas players.

Former India U-19 World Cup winning skipper Unmukt Chand, who has migrated to the United States, has made the cut as Associate member nation player while seamer Saurabh Nethravalkar, who was a revelation during T20 World Cup, wasn't shortlisted.

Italy's Thomas Draca, who plays for MI Emirates, also didn't make the cut.