India’s gold imports

MUMBAI: India is likely to import between 900 and 1,000 tonnes of gold in financial year 2015-16 that began in April, the head of gold refiner MMTC-PAMP said on Wednesday. India's July imports are expected to be between 70 to 75 tonnes, and its August imports more than 75 tonnes, said Rajesh Khosla, managing director of MMTC-PAMP. MMTC-PAMP is a joint venture between Indian government and a Swiss metals refiner.

A version of this article appears in print on August 06, 2015 of The Himalayan Times.