Topic
curbs
Trade Tariffs & Duties #silver#imports
India's Silver Imports Plunge to Over Three-Year Low in May as Curbs and Higher Duties Hit Inflows
India's silver imports tumbled to their lowest level in over three years in May, dropping 87% year-on-year to $75.57 million, as the government tightened import restrictions and raised duties to 15%. In volume terms, imports plunged 94% to 33 metric tonnes, the weakest since February 2023. The measures aim to curb precious metal imports and ease pressure on the rupee and trade deficit.
Jun 15, 2026 1 source
Trade Import/Export #india#silver
India Enforces Stricter Silver Import Curbs
India has imposed stricter controls on silver imports, requiring DGFT approval for grains and powder. This move aims to curb imports and ease pressure on the rupee.
Jun 4, 2026 1 source