Govt raises import duty on gold, silver to 15 pc to curb non-essential imports
India increased gold and silver import duties to 15 per cent to curb rising imports and protect foreign exchange reserves amid the West Asia crisis. The move follows PM Narendra Modi's austerity appeal as soaring oil costs, a weak rupee, and inflation intensify economic pressure on the country New Delhi: The government on Wednesday hiked import duties on gold and…
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