CNBC
US · 2 hrs ago
✦ 78✓ Factual
India hikes bullion import duties as the world's second-largest gold market faces a declining rupee
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Low partisan intensity — consistent with factual reporting✓ Fair headline
India's government has implemented a 10% basic customs duty and 5% tax on gold and silver imports, announced via official notification, as the country's rupee weakens and it remains the world's second-largest gold market.
India hikes bullion import duties as the world's second-largest gold market faces a declining rupee
The government has imposed a 10% basic customs duty and a 5% tax on gold and silver imports, as per notifications issued on Wednesday.
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