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…
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.