Topic
Import Duties
5 stories related to this topic, newest first.
thehindu.compolitics46 days ago
India Raises Gold and Silver Import Duties as Part of Seven-Point Plan to Conserve Foreign Reserves
Prime Minister Narendra Modi announced a seven-point austerity plan that raises duties on gold and silver imports and calls on citizens to limit gold purchases as reserves decline.
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thehindubusinessline.comfinance50 days ago
India Says Pernod Ricard Withheld Scotch Details to Lower Tariffs
India has accused a major liquor company of withholding information about Scotch whisky composition and age. The move is said to have aimed at securing reduced import duties.
indianexpress.comfinance64 days ago
India Gold Trades at Record $200+ Discount to Global Prices After Import Duty Increase
Gold in India is trading at a record discount exceeding $200 per ounce following a surge in local prices driven by import duties. A bullion dealer said the discounts emerged directly after the duty impact pushed benchmark prices higher. The development marks an extreme divergence…
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Cnbcscience64 days ago
India Raises Import Duties on Gold and Silver to 15%
The Indian government has increased import duties on gold and silver to 15 percent. Officials said the move aims to reduce bullion purchases and protect foreign exchange reserves amid a weakening rupee, higher oil prices and geopolitical tensions. Industry groups stated the highe…
The Free Pressfinance65 days ago
Russia-Ukraine Cease-Fire Expires; Fighting Continues
A three-day U.S.-brokered cease-fire between Russia and Ukraine expired with continued fighting and civilian deaths reported. Russian Foreign Minister Sergei Lavrov said peace talks are stalled. Separately, India more than doubled import duties on gold and silver to 15 percent to…
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