#silver-tariffs
India More Than Doubles Gold, Silver Tariffs to Defend Rupee
India has raised import tariffs on gold and silver in an attempt to defend its currency, as the country races to shore up foreign-exchange reserves and limit the damage from the war in the Middle East.
India raises gold and silver tariffs to 15% to curb imports, support rupee
India has raised import duties on gold and silver to 15% from 6% to curb imports and reduce pressure on foreign exchange reserves. The new structure includes a 10% basic customs duty and a 5% Agriculture Infrastructure and Development Cess.