Indian IT Stocks Gained 18 Percent in October

India initiates anti-dumping probe into cheap aluminium imports from four countries

India's Directorate General of Trade Remedies has started an anti-dumping investigation into aluminium imports from China, Malaysia, Vietnam, and Thailand. The move aims to protect local small and medium industries after domestic manufacturers reported financial losses due to a surge in cheap foreign goods. The trade body initiated the probe on its own initiative to assist smaller units. If damage is proven, the Finance Ministry may impose duties on these imports.