Unless necessary, do not buy gold, reiterates PM Modi on Instagram; jewellery stocks slide
· economictimes.indiatimes.com
Prime Minister Narendra Modi has again urged Indians to avoid buying gold unless necessary, saying greater focus on local products and self-reliance can help India become a developed nation. Indias gold imports hit a record $71.98 billion in FY26, up 24% from the previous year, even as import volumes fell 4.8% to 721 tonnes.
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