Import duty hike to drive local handset making
Feb 04,2020The government proposed increasing the import duty on PCBAs to 20% from 10% and chargers to 20% from 15%, to encourage local manufacturing. This will help increase the local production of PCBAs by more than 100 million and chargers by 50 million units, said the companies for whom these are key inputs.
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Maharashtra: 'Onion export ban will be lifted when retail prices dip'
Feb 08,2020The Union government is unlikely to give in to the demand of withdrawing the ban on export of onions. Sources in the Union agriculture ministry told TOI that although the wholesale price of onions was dropping, the retail prices were still high. The ban would not be lifted until and unless the retail prices stabilized
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