Forex reserves India Archives - Current Affairs Chetan Bharat

Tag: Forex reserves India

PM’s Appeal for Gold Restraint Could Mark a Powerful Inflection Point

May 20, 2026

Important For: UPSC / HCS / PCS Aspirants GS Paper 3: Economy, External Sector, Forex ReservesEssay Topics: Consumption vs Productive Investment, Economic Nationalism Why in News? Prime Minister Narendra Modi’s recent appeal for:➤ Reducing excessive gold consumption has triggered debate on: India imports large quantities of gold, creating pressure on:✔ Current Account Deficit (CAD)✔ Rupee…
Gold & Silver Import Duty Raised to 15%: India’s Forex Protection Strategy Explained

May 18, 2026

Important for: UPSC, Haryana HCS, Punjab PCSPrelims: Forex reserves, import duty, CAD, customs dutyMains: GS Paper 3 — Economy, External Sector, Fiscal Policy Why in News? The Government of India has increased the effective import duty on gold and silver to 15% as part of austerity and forex conservation measures. The move comes amid: ✔…
Why Rising Gold Imports and Falling Forex Reserves Matter for India

May 16, 2026

Important for: UPSC, Haryana HCS, Punjab PCSPrelims: Forex reserves, CAD, gold imports, LRSMains: GS Paper 3 — Economy, External Sector, Trade & Inflation Why in News? India’s foreign exchange reserves have come under pressure due to: ✔ Rising gold imports✔ High crude oil prices✔ Increased overseas spending by Indians The issue gained attention after discussions…

Tag: Forex reserves India