gold, Modi and India

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Shares of Indian jewellers slide after Modi urges pause on gold purchases to protect rupee
By Rajendra Jadhav and Nimesh Vora MUMBAI, May 11 (Reuters) - Shares of Indian jewellery retailers tumbled on Monday after Prime Minister Narendra Modi urged people to refrain from buying gold for a year to protect foreign exchange reserves,

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Daily Sabah · 9h
Modi urges Indians to pause gold purchases to protect rupee
Jewellery stocks slide after Modi urges Indians to buy less gold
'Avoid unnecessary dependence on imported goods': PM Modi pushes 'vocal for local' amid West Asia crisis
Prime Minister Narendra Modi on Monday renewed his push for “Swadeshi” and urged citizens to reduce dependence on imported goods, saying economic self-reliance and support for local products were esse...

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PM Modi repeats appeal to bring back Covid-era WFH measures, cut fuel consumption
Buy Less Gold and Skip Foreign Trips, Modi Urges Indians
‘If people stop buying gold, how will we survive?’: Lucknow jewellery traders stage protest
“If people stop purchasing gold, how will jewellers and their employees survive? Thousands of workers are dependent on this trade. Will the government provide salaries to these families if business co...

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Fortune India · 6h
IT union NITES seeks govt mandate for WFH following PM Modi’s fuel conservation appeal
What PM Modi's fuel-saving, WFH appeal signals for India's economy

India’s booming Dubai gold trade may be built on someone else’s mines

Policymakers in India are increasingly worried about the surge in gold imports, especially following the beneficial India-UAE trade deal that has intensified gold inflows. In light of this, Prime Minister Modi is calling on citizens to limit their non-essential gold buying habits.
Fast Company

Trump cuts tariffs on India to 18% after Modi agrees to stop buying Russian oil

President Donald Trump said Monday that he plans to lower tariffs on goods from India to 18%, from 25%, after Indian Prime Minister Narendra Modi agreed to stop buying Russian oil. The move comes after months of Trump pressing India to cut its reliance on ...
Home Accents Today

Rug importers breathe sigh of relief over lowered Indian tariffs

WASHINGTON – Rugmakers who import rugs from India are relieved at the news from President Donald Trump that he plans to reduce the tariff from 50% to 18%. The president made the announcement after Indian Prime Minister Narendra Modi agreed to stop buying ...
ET Now on MSN

Gold import: Rupee breaches 95, yet India’s homes hold 20000 tonnes gold - What's behind PM Modi's appeal | 5 key points

PM Modi urged citizens to avoid gold purchases for a year to reduce forex pressure amid rising imports, rupee weakness and Middle East tensions, while experts see possible import duty hikes ahead.