India Inc backs Modi’s appeal to cut gold buying and foreign travel amid West Asia tensions
- Posted on May 12, 2026
- By Business News Today
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- 1 min read
India Inc backs Modi’s appeal to cut gold buying and foreign travel amid West Asia tensions
Indian businesses are reviewing spending and work-from-home policies after Prime Minister Narendra Modi's call to save foreign exchange and fuel. Industry leaders are urging domestic investment. Jewellery stocks saw a decline, though the government denied plans for increased import duties on gold and silver. Companies are monitoring the situation and adapting their strategies.
