Modi’s Belt-Tightening Push Raises Pessimism Around India Stocks
Prime Minister Narendra Modi’s push to curb fuel and gold consumption has added to uncertainty in India’s already weak stock markets, raising concerns that moves meant to protect the economy may end up cooling overall spending.
- Why Modi Wants Indians To Stop Buying Gold Bloomberg —
- India hikes bullion import duties as the world's second-largest gold market faces a declining rupee CNBC —
- India More Than Doubles Gold, Silver Tariffs to Defend the Rupee Bloomberg —
- India more than doubles tariffs on gold imports Financial Times —
- India Raises Gold, Silver Tariffs to Curb Imports Wall Street Journal —