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Policy● Neutral for Indian equities
Chinese mobile covers likely to cost more as govt imposes anti-dumping duty
The brief
- The government imposed anti-dumping duty on Chinese mobile-cover imports
- Imports held nearly half the domestic market; domestic industry share fell to about one-fourth
- Higher cover costs may affect Indian handset makers and mobile-accessory businesses
- India's sunflower oil imports seen up 30% on duty cut, industry official says
- Indian recyclers seek to scrap pre-shipment inspection rules for scrap imports
- Import duty cut on sunflower oil has a significant Russian backdrop
- CBIC eases paperwork to claim concessional duty on imports from UK
- India cuts edible-oil import duties ahead of festivals