#import-bill

India must fast - track chip self - reliance as import bill and security risks mount , says NITI Aayog

Fuel imports keep India's economy under pressure despite gold duty curbs: Kotak Securities official

India's economy is under pressure from high crude oil prices due to global crises. Experts warn that government actions may not fully resolve the issue. The country imports most of its crude oil, impacting its import bill and current account deficit. Rising d…

Rupee slumps to new low; rising import bill stokes inflation fears

The Indian Rupee reached a new record low against the US Dollar on Tuesday. Elevated crude oil prices and the ongoing conflict between the US and Iran impacted the currency. Concerns over India's rising import bill and potential inflation fueled demand for do…

Govt raises import duty on gold, silver after PM's appeal

The Indian government has increased import duties on gold and silver from 6 per cent to 15 per cent to curb inbound shipments of precious metals amid a rising import bill due to the West Asia crisis.