Live Breaking News & Updates on Import duty cut

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mobile phones: Import duty cut to lower cost pressure, push exports: Industry

The government on Tuesday rationalised import duties on some parts that are crucial for mobile phone manufacturing - including mechanics and display assembly - to 10%, complying with the demands of the industry that have been asking for such rationalisation to increase cost competitiveness.

Xiaomi , Fujian , China , India , Vietnam , Republic-of , Upasana-joshi , Pankaj-mohindroo , Sunil-vachani , Electronics-manufacturing , Motorola , Electronics-association

Government Cuts Import Duty on Smartphone Parts: Boosting 'Made in India' Campaign |

The Indian government has reduced import duty on smartphone parts, aiming to strengthen the 'Made in India' campaign. This move benefits major players like Apple and Xiaomi and makes India more competitive in the global mobile phone market.

Mexico , Thailand , India , China , Vietnam , Republic-of , Xiaomi , Fujian , Narendra-modi , Samsung , Electronics-association , Reuters

Mobile prices may dip after import duty cut on parts

India Business News: The Indian government has reduced import duties on key spare parts for mobile phones to boost domestic manufacturing and exports. The cuts, including

India , Ajay-srivastava , Ashwini-vaishnaw , Samsung , Business-news , Xiaomi , Mobile-prices , Import-duty-cut , Gsm-antenna ,

Mixed Reactions By Steel Industry On Export Duty Hike, Import Duty Waiver

Government's decision to remove import duty on certain raw materials of steel industry will lead to lower costs for domestic steel manufacturers

India , Kaustubh-chaubal , Mahesh-desai , Dilip-oommen , Moody-investors-service , Hindalco-industries , Engineering-export-promotion-council , Corporate-finance-group , Tata-steel , Reuters , Steel-india-ltd , Import-duty-waiver

Government's Measures To Combat Inflation May Hurt Growth

India's export duty hikes and tax cuts will likely hurt economic growth and raise the chances of the fiscal deficit widening

India , Suvodeep-rakshit , Moody-investor-service , Kotak-economic-research , Reuters , Sonal-varma , Kotak-economic , Jindal-steel , Christian-de-guzman , Investor-service , India-inflation , India-gdp-growth

Electronics Body Seeks GST Reduction on Mobile Phones, Duty Cut On Parts

ICEA has sought a roll-back of GST to 12 per cent from the current slab of 18 per cent on mobile phones

China , Vietnam , Republic-of , India , Pankaj-mohindroo , Samsung , Electronics-association , Duty-cut-on-parts-electronics , Electronics-body-seeks , Mobile-phones , Duty-cut-on-parts , India-cellular

Major Edible Oil Brands Cut MRP By 10-15% To Give Consumers Relief

Edible oil companies, including Adani Wilmar and Ruchi Soya, have cut down MRP of their products by 10 to 15 per cent to provide relief to consumers

Chambal , India-general- , India , Bunge-dalda , Gokul-agro-vitalife , Adani-wilmar , Sudhanshu-pandey , Major-edible-oil-brands-cut , Extractors-association-of-india , Extractors-association , Union-food , Ruchi-soya

Government Asks States To Ensure Edible Oil Prices Cut

Centre has written to eight major oil producing states asking them to ensure that rates are brought down post the duty cuts on edible oils

Uttar-pradesh , India , Tamil-nadu , Ministry-of-consumer-affairs , West-bengal , Andhra-pradesh , Consumer-affairs , Public-distribution , Indirect-taxes , Edible-oil-gets-costlier , Edible-oil-import

Gold Price Today 16-03-2021: Yellow metal rate near Rs 45K; precious metal may shine further after breaking this resistance, say experts

Gold Price Today 16-03-2021: The precious yellow metal rate rose Rs 160 per 10 gm at MCX (Multi Commodity Exchange) today morning and hit Rs 44,910. The bullions experts are of the opinion that gold has strong support at $1650 per ounce in the international market and at the same time it is facing stiff resistance at $1720 to $1730 per ounce levels. At MCX they advised that gold price is facing resistance at Rs 45,600 per 10 gm levels. Once, the yellow metal manages to break this level, there can be fresh momentum we can witness in the yellow metal rates.
Speaking on the gold price outlook in the long-term Amit Sajeja, Vice President — Research at Motilal Oswal said, "In the international market, gold price has strong support at $1,650 per ounce levels. I would advise gold investors to take positional calls when the gold price breaks $1,750 per ounce resistance and sustains above $1,760 per ounce levels. Till then 'buy on dips' is the strategy when gold price falls around $1,660-70 per ounce levels. In gold price MCX terms, one should start aggressive buying if the gold price breaks Rs 45,600 per 10 gm resistance as it would be an indication of gold price bottoming out."

China , Amar-ambani , Amit-sajeja , Head-of-research , Research-at-motilal-oswal , Multi-commodity-exchange , Gold-price-today , Vice-president , Motilal-oswal , Zee-business-live , Senior-president , Institutional-equities

Gold Price Today 12-03-2021: Has yellow metal rate bottomed-out? Time to buy now?

Gold Price Today 12-03-2021: Gold Price MCX (Multi Commodity Exchange) has been losing its shine from September 2020 and in the last week it hit below Rs 44,000 per 10 gm. However, much to the relief of investors, gold has been witnessing some short coverings and has been able to regain some of the lost grounds in recent times. Gold price today at MCX is Rs 79 up at Rs 44,871 per 10 gm. According to bullion experts, gold price has probably bottomed out and advised investors to start accumulating gold till it sustains above $1,650 per ounce in the international market. They also said that there can be sharp recovery in the gold price once it breaks $1,750 per ounce resistance and sustains above $1,760 per ounce levels in the international markets.

Amit-sajeja , Research-at-motilal-oswal , Multi-commodity-exchange , Gold-price-today , Gold-price , Vice-president , Motilal-oswal , Gold-price-today-delhi , Gold-price-in , Gold-custom-duty-cut , Import-duty-cut , Silver-import-duty