Why PM Modi wants Indians to avoid buying gold for a year

Schriftgröße

Prime Minister Modi urged Indians to halt gold purchases for a year to protect foreign exchange reserves, a call supported by GTRI which highlighted a surge in gold imports straining the trade balance. Union Minister Ashwini Vaishnaw echoed the appeal, emphasizing reduced import spending amid Middle East conflict, leading to a sell-off in jewellery stocks.

Continue reading on Times of India

This article was originally published by Times of India.

Ähnliche Meldungen

In Entwicklung·51 dk önce

Trent Reports 19% Revenue Surge in Q1 FY27 Driven by Store Expansion

Tata Group retailer Trent's revenue jumped 19% to Rs 5,666 crore in Q1 FY27, fueled by aggressive expansion of its Westside and Zudio stores. The company added 20 new outlets, now operating over 1,300 stores.

Economic Times

In Entwicklung·1 sa önce

Neanderthal Fetal Development Closely Resembled Modern Humans, Study Finds

A new study of a Neanderthal fetal fossil from Germany suggests that Neanderthals shared a skeletal development pattern with modern human babies before birth, with key differences emerging after birth. Scientists used non-destructive imaging to analyze tiny bone fragments.

TOI World

In Entwicklung·31 dk önce

Punjabi Film 'Satluj' Ban Rekindles Memories of Alleged Extrajudicial Killings

The temporary ban on the Punjabi film 'Satluj', depicting alleged extrajudicial killings during Punjab's militancy, has stirred painful memories for families claiming loved ones disappeared or died in fake encounters. Victims' relatives advocate for the film's screening to acknowledge this historical chapter.

Times of India

In Entwicklung·28 dk önce

FSSAI Issues Notices to Three Brands for Misleading Claims and Incorrect Labelling

India's FSSAI has issued notices to three food brands for misleading claims and incorrect labelling. Heritage Fresh Paneer, La Casa Vegan Hazelnut Chocolate Spread, and Cipzer Nutraceuticals Juice Capsules face scrutiny for terms like 'Fresh', 'All Natural', '100% organic', 'Vegan', and 'FSSAI Approved'.

Times of India

In Entwicklung·1 sa önce

Microsoft Begins New Fiscal Year with Significant Layoffs, Xbox Hit Hardest

Microsoft has laid off approximately 4,800 employees, about 2.1% of its global workforce, as its new fiscal year begins. The cuts primarily affect the commercial sales and Xbox gaming divisions, with Xbox planning further reductions and studio spin-offs.

Times of India

In Entwicklung·1 sa önce

Two Assam Rifles soldiers killed in Manipur ambush

Two Assam Rifles soldiers were killed and several injured in an ambush by suspected militants in Manipur's Ukhrul district on Monday. The attack, which occurred in the Nungshang Khong area, was condemned by the State Home Minister, who vowed strict legal action.

Economic Times