NEW DELHI, Feb 1 (Reuters) - India has removed import duties on some components key to producing mobile phones, Finance Minister Nirmala Sitharaman announced in the annual budget on Saturday, in a boost for local production efforts and benefiting firms such as Apple ( AAPL ) and Xiaomi ( XIACF ). India's electronics production has more than doubled in the...

(Reuters) - U.S. President Donald Trump is expected to sign an order on Saturday imposing hefty new tariffs of 25% on goods from Mexico and Canada and 10% on imports from China, potentially disrupting more than $2.1 trillion worth of annual trade. Trump, who is working from his Mar-a-Lago estate in Florida this weekend, said on Friday that there was...

* Organized AI chip smuggling to China has been tracked out of countries including Malaysia, source says * Nvidia ( NVDA ) insists its partners comply with all applicable laws * Singapore says it has always upheld rule of law (Updates story dated Jan. 30 with response from Singapore government on Feb. 1 in paragraph 8 to 10) By Karen...

NEW DELHI (Reuters) - India has removed import duties on some components key to producing mobile phones, Finance Minister Nirmala Sitharaman announced in the annual budget on Saturday, in a boost for local production efforts and benefiting firms such as Apple ( AAPL ) and Xiaomi ( XIACF ). India's electronics production has more than doubled in the last six...