Modi has urged Indians to save dollars as war and oil shocks strain the rupee and economy further this year.

India, which imports more than 88% of its crude oil requirements, has been hit hard from the spike in global oil prices amid the ongoing US-Iran war.

Why Modi is asking people in India to stop buying gold - The unusual appeal from the prime minister has a direct impact on ...

Under pressure from the economic fallout of the war in Iran and politically emboldened, Prime Minister Narendra Modi asks ...

Prime Minister Narendra Modi has called on Indians to avoid buying gold for at least a year to preserve foreign-exchange ...

Gold’s role as a safe-haven asset and a hedge against inflation makes it highly valuable for Indian households. Read more at ...

"We do consume a lot of gold, and it is a trapped asset. And of course, we spend a lot of foreign exchange reserves when we ...

Growthvine's Gupta calls Modi’s appeal precautionary, not economic distress. Cutting gold, travel imports could stabilise ...

Holding gold has a deeper meaning, deeper love and far more significance in India, one that is rooted within its culture for ...

PM Modi asked people to avoid non-essential gold purchases for one year to reduce pressure on forex reserves, which have ...

Modi, addressing a public rally in Hyderabad earlier this week, called on citizens to conserve foreign exchange amid ...

It's no secret that Indians have a long affinity towards gold. Rather, we are also one of the world's largest consumers, ...