Group 1 - India has implemented import restrictions on specific types of precious metal alloys, particularly those with a gold content exceeding 1% by weight, including palladium, rhodium, and iridium [1][3] - The new regulations aim to standardize the import policy for precious metals and their alloys, expanding upon existing platinum import restrictions [3] - The policy allows for the free import of alloys with a gold content below 1%, supporting stable raw material supply for industries such as electronics and automotive components [3] Group 2 - India's gold import volume has significantly increased, rising from $45.54 billion in the 2023-24 fiscal year to $58 billion in 2024-25, marking a growth rate of over 27.3% [4] - In March 2025, gold imports surged by 192% year-on-year, reaching $4.47 billion compared to $1.53 billion in the same month the previous year [4] - Despite the increase in overall gold imports, the first two months of the current fiscal year saw a decrease in gold imports to $5.65 billion, down approximately 4% from $5.87 billion in the same period of the previous fiscal year [4]