India’s growing appetite for gold is emerging as a major economic concern as rising imports add pressure on the country’s trade balance, foreign exchange reserves, and the rupee during a period of global geopolitical uncertainty.
India’s credit guarantee support for exporters will require a budget allocation of 20 billion rupees ($227.5 million) for the fiscal year 2026, a government source said on Thursday.
11 May 2026-14:47
13 Nov 2025-10:15
