India more than doubles gold and silver import tariffs to 15%, effort to prop up the rupee | investingLive
India's sharp tariff hike on precious metals protects its currency but risks pushing bullion trade underground. India has more than doubled import duties on gold and silver to 15%, aiming to narrow its trade deficit and support the rupee, but industry officials warn the move risks reviving smuggling networks. Summary: India has more than doubled import duties on gold and…
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