Top corporates have paid more advance tax in second quarter this year.
In India post the success of masala and green bonds on the LSE, Nikhil Rathi tells Rajesh Bhayani that there are many international investors interested in buying into the India story
Imports in 2016 expected to be lowest in 7 years but experts don't rule out a revival in demand if the yellow metal's price falls
The assets are estimated to be worth over Rs 6,000 crore.
March was the worst month for gold imports because of a strike by jewellers over the imposition of an excise duty.
The final list of bidders would be finalised only after the interested firms pay the earnest money deposit on June 30.
Gold is seen as a preferred asset for all types of investors, even central banks.
Huge margins, high custom duty and increasing demand among youngsters have led to exponential increase in smuggling of foreign cigarettes.
Sebi on April 4 gave the brokerages 60 days to have their books vetted by third-party auditors.
The enforcement agency had received queries from the Interpol to this effect in May last week.
In the second half of April, the discount on gold came down to $3 an ounce.
Probe agency to set up special software to probe money trail in the case.
Only three or four tonnes is estimated to have been mobilised under the scheme.
The enforcement agency is looking to ensure that no big deals or transactions, such as the one Mallya struck with Diageo for Rs 500 crore, take place.
I-T department is investigating 20 listed companies suspected to have falsely claimed long-term capital gains tax exemption
An official request has been made to the CBI to get a notice issued through its Interpol wing
The framework does not allow settling of serious violations that have 'market-wide impact'.
This could change the way diamonds are traded.
Now, government is also contracting imports.
Recent recovery in the white metal was reflected in a falling gold to silver price ratio.
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