BUSINESS
The decision has been taken to guard domestic manufacturers against cheap imports.
In an attempt to guard domestic manufacturers against cheap imports, India on Tuesday imposed anti-dumping duty on imports of a certain type of steel products from China, Vietnam and South Korea for a period of five years.
"The provisional anti-dumping duty on imports of 'flat-rolled product of steel, plated or coated with alloy of aluminium/zinc' originating in or exported from China, South Korea & Vietnam shall be effective for a period of 5 yrs from date of imposition that is 15th Oct, 2019," the notification from the revenue department said.
The imposition of anti-dumping duty on exports comes amid a border dispute with China in Ladakh which has resulted in the death of 20 Indian soldiers in clashes with Chinese troops earlier this month.
Calls to boycott China-made goods have erupted across India after 20 soldiers were martyred. The protesters have also demanded revenge and severing of trade ties.
According to reports by news agencies ANI and PTI, people are burning the Chinese flag, China-made products, and effigies of President Xi Jinping.
While the public has started a boycott movement by burning down Chinese products and deleting Chinese-made software, companies have also said that they will not buy equipment from Chinese companies.
(With ANI inputs)
Russian President Vladimir Putin announces Easter ceasefire for 'humanitarian reasons'
RR vs LSG: Vaibhav Suryavanshi came, saw and conquered! And fans can't keep calm, WATCH
Newlyweds in Uttar Pradesh get 'blue drum' as wedding gift, viral video shocks netizens! WATCH
Who is Nikku Madhusudhan? Astrophysicist who detected new exoplanet with possible evidence of life
Scientists claim to find never before seen colour, discovered by tricking human eyes, it’s called...
Viral video: Yuzvendra Chahal, RJ Mahvash spotted together again, rekindle dating rumours
Easter 2025: Five deliciously recipes for a memorable Sunday brunch
At least 64 people killed in Israeli attacks on Gaza since Friday morning
GT vs DC Highlights: Jos Buttler unbeaten 97 helps Gujarat Titans beat Delhi Capitals by 7 wickets
WrestleMania 41 live streaming: Where and when to watch WWE event live in India on TV, online?
Viral video: Man tells auto driver to 'speak Hindi' in Bengaluru, sparks backlash
Affected by mental exhaustion, self-doubt, 20-year-old woman kills self by jumping off roof in Delhi
PSL 2025: Hasan Ali creates history, becomes first bowler in world to achieve THIS feat
PhonePe changes name, becomes public entity ahead of IPO, targets valuation of Rs...
Who was Bhavesh Chandra Roy? Hindu leader abducted, beaten to death in Bangladesh's Dinajpur
Two factory workers stripped, given electric shock, nails pulled out by employer in Chhattisgarh
Canadian vlogger shares life-changing lessons from 5-week India trip, says 'be careful...'
Big blow to MS Dhoni in middle of IPL 2025 as CSK skipper set to face huge loss of money due to....
Rare triple planetary alignment to form 'smiley face' in sky! When and how to see it?
Earthquake of magnitude 5.8 jolts Afghanistan-Tajikistan border, tremors felt in Kashmir
Sex in prison? Italy opens its first-ever 'sex room' for inmates
Ravichandran Ashwin silences panelist during YouTube debate to stop talking about MS Dhoni
IIT Delhi quantifies skill in opinion trading through data and modeling
RCB captain Rajat Patidar surpasses Sachin Tendulkar to achieve this unique record in IPL, it is...
UP, Haryana to get new high-speed train, not Rapid Rail, Bullet Train, it is..., top speed to be...
RCB create unwanted IPL record with loss against Punjab Kings, become first team to...
India's neighboring country hits jackpot with huge natural gas and..., the country is...
Kedarnath and Badrinath temples set to reopen doors next month; Check dates here
Who was Harsimrat Randhawa, 21-year-old Indian student killed by stray bullet in Canada
JEE Main Session 2 Results out: Check list of toppers, and where and how to download your scorecard
Hindu community leader Bhabesh Chandra Roy kidnapped, beaten to death in Bangladesh
Leaked emails show Mark Zuckerberg is worried Facebook is no longer relevant, know reason inside
When Isha Ambani opened up about conceiving twins through IVF: 'Nobody should feel ashamed'