New Delhi - The weaker rupee will push the country’s import bill due to higher payments for crude oil, coal, vegetable oil, gold, diamonds, electronics, machinery, plastics, and chemicals, economic think tank Global Trade Research Initiative (GTRI) said on Friday (January 17, 2025).

Citing an example, it said the depreciating domestic currency will increase India’s gold import bill, especially as global gold prices have jumped 31.25%,, rising from $65,877 per kg in January 2024 to $86,464 per kg in January 2025.

Since January 16, last year, the Indian Rupee . . .