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India urges fuel conservation and reduced gold buying amid energy crisis India urges fuel conservation and reduced gold buying amid energy crisis

India urges fuel conservation and reduced gold buying amid energy crisis

India has urged citizens to work from home, cut non-essential travel and avoid buying gold as it responds to rising energy costs and pressure on foreign exchange reserves.Prime Minister Narendra Modi appealed to the country's 1.4 billion people to return to work-from-home arrangements and online meetings, use public transport and carpool where possible.He also asked people to refrain from buying gold for weddings.The measures come as India and other Asian economies face a surge in global energy prices linked in the supplied material to the Iran war and disruption to shipping through the Strait of Hormuz.The row says India is... [Continue Reading]

360LiveNews 360LiveNews | 11 May 2026 03:30 LONDON
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