Sarbananda Sonowal: ‘MDF to generate Rs 1.5 trillion investment by 2030’

‘Additionally, the significant employment multiplier will boost direct and indirect jobs of up to 1.1 million.’ IMAGE: A view of the newly commissioned three frontline naval combatants INS Surat, INS Nilgiri and INS Vaghsheer to the nation by Prime Minister

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 uncompetitive, potentially resulting in job losses, think tank GTRI said on Tuesday. Photograph: