No plan to hike gold and silver import duties, US-India trade talks expected soon

No plan to hike gold and silver import duties, US-India trade talks expected soon

Government sources indicate no immediate plans to hike gold and silver import duties, despite calls to curb non-essential gold purchases. Meanwhile, India anticipates US trade talks addressing pending issues, including a Section 301 probe, though a comprehensive deal remains distant. India has contested US allegations of structural overcapacity, urging the termination of the investigation.

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