India more than doubles gold import tariffs, pressuring jewellery retail
FT reports India has more than doubled tariffs on gold imports as of 13 May 2026. Details on new rate, rationale and scope unavailable from headline alone, but the move threatens margins and demand across jewellery retailers ahead of the wedding and festive buying cycles.
India more than doubled tariffs on gold imports, per FT headline dated 13 May 2026. No article body available; no figures, rationale, or affected segments provided in source content.