PM Modi's Economic Warning: Will "Spend Wisely" Become Government Orders?
Four days after Prime Minister Narendra Modi urged Indians to "spend wisely" amid the growing global crisis triggered by the Iran war, major economic warning signs are beginning to flash across the country.
Gold import duties have doubled, inflation has surged to a 3.5-year high, the rupee continues to weaken, and companies are already reconsidering travel, imports, and work-from-home policies.
