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trade imbalance India

Why PM Modi wants Indians to avoid buying gold for a year – The Times of India

by InfoVera Team
ai generated image used only for representational purpose

A day after Prime Minister Narendra Modi urged Indians to stop buying gold for a year in the national interest, GTRI backed the appeal, saying surging gold imports are straining India’s foreign exchange reserves and widening its trade imbalance. In its report, the think tank said, “GTRI has supported Prime Minister Narendra Modi’s appeal asking …

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