The move followed its Wednesday decision to hike the import duty on precious metals such as gold and silver from 6% to 15% to curb imports | India News

India Business News: In a bid to keep foreign exchange reserves buffer intact, the government has raised the import duty on gold and silver to 15% from 6%. India is the wo.

Gold is expected to become costlier after the government's recent move to raise import duty to 15%. Alongside, the impact is likely to show up in domestic prices as well as trade…

Increasing import duties on gold, the right step

India has imposed new restrictions on duty-free gold imports. This move follows a recent increase in customs duties. The government aims to prevent misuse of a special import…

India has raised gold import duty to 15% and urged citizens to buy less gold. This move targets foreign reserves and the rupee's value. However, India's strong cultural demand for…

New government restrictions target silver imports. The Centre is also tightening rules for duty-free gold imports by jewellery exporters. These measures aim to control precious…

India tightens silver bar imports, requiring government authorization after significant duty hikes to control trade deficit and currency concerns.

India has introduced new rules for silver imports. Importers now need a government license. This policy aims to control the flow of precious metals and reduce the country's…

NEW DELHI: Days after more than doubling the customs duty, govt on Saturday moved in to restrict the import of certain types of silver as part of its strategy to reduce surging…