Gold tariff hike boosts grey market, hurts organised trade, says WGC
The Economic Times has reported a new India-focused policy development: “Gold tariff hike boosts grey market, hurts organised trade, says WGC.” The publisher's feed describes the story as follows: India's gold imports have increased through unofficial channels following a tariff hike. This rise widens margins for grey market operators and impacts organized businesses. Enforcement agencies seized nearly double the gold after the duty increase. Net gold imports fell significantly in the June quar
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