The government revises base import prices of edible oils, gold and silver every fortnight, and the prices are used to calculate the amount of tax an importer needs to pay. India is the world’s biggest importer of edible oils and silver and the second-biggest consumer of gold.
Dollar flat near one-week high as investors await Warsh’s Jackson Hole debut
The euro and sterling were subdued near one-week lows against the greenback, last at $1.1652 and $1.3597, respectively, though both remained on track for a
August 28, 2026