Here are the top business headlines this morning, to get your day started
(File photo) A general view shows the aisles at Croma’s 101st electronics megastore, operated by Tata Group’s Infiniti Retail unit, in Mumbai, India. Image: Vivek Prakash/Bloomberg via Getty Images
India has placed laptops, tablets and PCs on the restricted list, in a move that aims to get companies that import these products from overseas to manufacture them in India. Imports will now require a valid licence and those that were contracted till August 3 have been exempted. In April-June 2023 imports in this category were up $19.7 billion, or 6.25 percent, year-on-year. Dell, Acer, Samsung and LG are some of the companies likely to be impacted.
(Economic Times, Business Standard, Financial Express)
(Economic Times, Financial Express, Business Standard)