ଆସୁଛି ମହାସଙ୍କଟ! Why PM Modi is Urging Indians to Halt Gold Purchases for One Year | N18V

As the US-Iran conflict intensifies, Prime Minister Narendra Modi has made a landmark appeal asking Indian citizens to refrain from buying gold for one year. This "Gold Fast" is a strategic move to prevent the Rupee from crashing and to safeguard India’s foreign exchange reserves during the West Asia war. Since India is the world’s second-largest gold consumer, massive imports lead to a high Current Account Deficit (CAD). By curbing domestic demand, the government aims to stabilize the economy, control inflation, and reduce dependency on imports while global gold prices hover at record highs due to geopolitical instability. Welcome to News18 Odia, your go-to destination for the latest news and updates from across India and beyond. As one of Odishas premier news channels, we strive to keep you informed with live coverage and breaking news as it happens. News18 ଓଡ଼ିଆ ହେଉଛି ଓଡି଼ଶାର ଅଗ୍ରଣୀ ନ୍ୟୁଜ ଚ୍ୟାନେଲ ଭିତରୁ ଗୋଟିଏ । ଓଡି଼ଶାର ସବୁ ଗୁରୁତ୍ବପୂର୍ଣ୍ଣ ଖବର ଆପଣ ଏହି ଚ୍ୟାନେଲ ମାଧ୍ୟମରେ ପାଇପାରିବେ । Download our News18 Mobile App - https://onelink.to/desc-youtube Please visit our website https://bit.ly/2YaikeJ for the latest opinions and detailed news coverage. Follow us on Facebook:   / news18odia   Twitter: https://twitter.com/news18odia?lang=en Website: https://bit.ly/2YaikeJ Subscribe to our channel to get the latest news and updates https://tinyurl.com/y46bt2fm ID_OD_SS