Report says gold being exported by persons of Indian origin and routed through Dubai
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.
By December 2015, the total imports will touch 1000 tonnes.
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.
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.
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Gold import this financial year is estimated at 945 tonnes.
The gold market has remained under pressure.
Traders have used this as an opportunity to stock up silver.
Bajaj talks about the tribulations in following 'Make in India' call
Companies are playing the price game to woo customers.
We have cleared all dues to our employees, says Ajay Singh
Reliance Jio bought spectrum in the 1800 MHz band last February.