India’s gold trade hit as Modi urges public to cut purchases
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YouTubeAl Jazeera English
India’s gold trade hit as Modi urges public to cut purchases
India's jewellery trade is feeling the strain of a seven-point austerity plan announced by Prime Minister Narendra Modi, which includes a threefold rise in import duties on gold and silver and a call for citizens to curb gold purchases. The measures come as India's foreign reserves have fallen by $47bn since the outbreak of the US-Israel war on ...
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