Modi Takes a Heavy Hand to Curb India’s Love for Gold
India doubles gold and silver import duties to protect rupee and slash deficit, pressuring global bullion prices.
India doubles gold and silver import duties to protect rupee and slash deficit, pressuring global bullion prices.
Indian Prime Minister Narendra Modi pushes to curb gold buying, aiming to reduce the current account deficit and redirect household savings, which…
India’s looming pullback from Russian crude imports on a possible US sanctions-waiver lapse threatens to disrupt global oil flows, redirect demand to…
RBI Governor warns that prolonged high oil prices could trigger fuel price increases in India, risking inflation and delaying monetary easing.
India's import tariff hike on gold and silver pressures bullion demand and lifts the rupee, signaling potential bearish momentum for precious metals…
India's inflation rose to 5.2% in April as Iran war fuel spikes pushed Brent above $90, pressuring the rupee and equities while…
India’s top jeweler forecasts a fleeting hit to gold demand if buying curbs are imposed, highlighting regulatory risk for the world’s second-largest…
Modi's call to halt gold purchases pummels jewelry stocks and injects bearish pressure into global gold markets as Indian demand faces policy-driven…
Modi's fuel-conservation appeal targets India’s $100B+ oil imports, potentially pressuring crude prices and lifting Indian equities if consumption drops.
Nifty 50 earnings beats on strong domestic demand lift Indian markets, providing a buffer against oil price shocks and global trade headwinds.