Report says gold being exported by persons of Indian origin and routed through Dubai
A stream of people, including those from Rajasthan and Karnataka, walked into the only designated office before the closure of the one-time compliance window.
Even today, many MFIs already distribute pension and micro insurance products to low-income households.
The company will operate the IT system for five years.
Prices have remained lower this year.
Attractively low prices, rising demand and a favourable ratio to gold point to better days ahead for the white metal.
The Centre and states are likely to settle for this threshold.
By December 2015, the total imports will touch 1000 tonnes.
The government is considering a proposal to privatise some state-owned banks in phases.
The IMG meeting will be convened shortly.
Mehta's export company is the largest integrated gold player in the world.
The rise was due to a sharp fall in prices, which spurred demand.
The panel finds 'discrepancy' in the Annual Survey of Industries data.
Demand to remain high with festive season ahead and ongoing price fall
India is still the best story in major emerging markets from a 5-year perspective.
India's gold import bill, estimated at $3 billion in May, is seen falling further this month
The government has retained 10% duty on import of the yellow metal.
Gold has held up better than many expected.
India Inc closed FY15 on a positive note.
Gold import this financial year is estimated at 945 tonnes.
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