Why India hiked import duty on gold, silver amid rupee fall and rising oil prices

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Explained 22 min ago This is an AI assisted summary. The Indian government has raised customs duty on gold, silver, and platinum imports to reduce non-essential imports and ease pressure on the external account. This is due to the current geopolitical situation and a weakening rupee, which has increased the country’s import bill burden. Essential imports are being prioritised to address this issue. Swipe up for next shorts 2 / 50 PM Modi shrinks convoy, pushes EV use after call to save fuel amid Iran war energy crisis India 37 min ago This is an AI assisted summary. In a…

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