
Modi Appeals for Gold Boycott Amidst International Tour
Indian Prime Minister Narendra Modi has urged citizens to refrain from buying gold jewelry for a year to bolster the economy. This domestic appeal coincides with his preparations for a five-nation international tour focused on strategic partnerships, trade, and energy.
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Modi’s Frugality Warning Flags Twin Shock for India - Bloomberg.com
Modi’s Frugality Warning Flags Twin Shock for India Bloomberg.com
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Narendra #Modi's message to Indians is clear: stop buying gold jewellery for a year. With #India having to pay more to import #oil due to the #Iranwar, its prime minister hopes that holding off on buying the precious metal will protect the country's trade balance - a decision that could badly hit a nearly $100 billion industry.
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Read full article →Despite PM’s appeal, gold buying unlikely to change
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