Retail inflation may reach 5 percent by June due to fuel price increases and higher gold and silver import duties. Economists believe the Reserve Bank of India will observe the impact of these hikes before considering interest rate changes in the latter half …

India has raised effective import tariffs on gold and silver to 15% to curb bullion imports and support the rupee. The Finance Ministry also revised customs duty rates for gold, silver and platinum findings, while setting concessional rates for precious metal…

India has raised gold and silver import duty to 15% to curb imports, protect forex reserves, support the rupee and reduce trade deficit.
India's gold imports are at an all-time high, reaching $71.98 billion in 2025-26. This surge is driven by increased prices and trade agreements. High imports pressure India's trade deficit and foreign exchange. The government is reviewing trade policies to cu…
India has no plans to increase gold and silver import duties, according to a government source.
The Centre is expected to issue a rectification order within 48-72 hours to restore the tax exemption for gold-importing banks after a notification accidentally withdrew the benefit, IBJA National Secretary Surendra Mehta said.