Here's why India has increased import duty on gold, silver and platinum
Published on: May 13, 2026, 8:21 a.m. | Source: The Economic Times
India has significantly raised import duties on gold, silver, and platinum. This move aims to safeguard the nation's economy and foreign exchange reserves. The government prioritises essential imports like crude oil and fertilisers. This decision reflects a proactive approach to manage external risks.
