Business

India Tightens Gold Imports

Updated 2026-05-13 04:30 UTC 1 source Neutral

The Indian government has imposed new import duties on gold and silver to support the weakening rupee. The move aims to curb imports while boosting domestic production.

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CNBC
The government has imposed a 10% basic customs duty and a 5% tax on gold and silver imports, as per notifications issued on Wednesday.
2026-05-13 04:29 UTC
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