Will weaker rupee push India's import bill?

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......

The dark side of duty cut on smartphone parts

Any reduction in the customs duty on smartphone parts in the forthcoming budget will harm India's developing component ecosystem, discourage investment, increase imports, and make local firms......

Govt revises gold import data from April; cuts Nov figures by $5 bn to $9.84 bn

The government has revised gold import data, bringing down numbers for November by $5 billion to $9.84 billion, possibly to rectify double accounting of inbound shipments. IMAGE: Kindly note the......

Despite import cuts, govt seeks smooth supply of laptops

As the Union government explores ways to restrict import of laptops and other electronic devices starting with a 5 per cent reduction from the current level, it is working to ensure that......