Don’t miss the latest developments in business and finance.

India's curbs on imports of "non-essential" items likely Thursday - sources

Image
Reuters NEW DELHI
Last Updated : Sep 20 2018 | 1:35 PM IST

NEW DELHI (Reuters) - India is likely to announce on Thursday curbs on imports of "non-essential" items to support the rupee, two government sources said.

A third government source said India may raise import duties on components used in mobile handsets, most of them imported from China.

The Finance Ministry did not immediately respond to an email seeking comment.

(Reporting by Neha Dasgupta; Writing by Krishna N. Das; Editing by Sanjeev Miglani)

Also Read

First Published: Sep 20 2018 | 1:34 PM IST

Next Story