New Delhi: With disposable incomes rising amid the premiumisation trend, the sales of luxury smartphones have surged in India in recent quarters, industry experts said on Tuesday. The smartphone shipments of Rs 1 lakh and above increased by 20 per cent (year-on-year)...
New Delhi: The country’s manufacturing activity eased to three-month low at 57.5 in the month of August, which is below July’s reading of 58.1 but above the long-run average of 54, the HSBC India survey showed on Monday. The ‘India Manufacturing Purchasing Managers’...
New Delhi: Oil marketing companies have increased the rate of 19 kg commercial LPG gas cylinders by Rs 39, effective from Sunday. After the hike, the retail sales price of a 19 kg commercial LPG cylinder in Delhi is Rs 1,691.50. Earlier on July 1, in a move to offer...
Mumbai: Indian equity frontline indices opened at an all-time high on Monday following a rally in the US market. At the starting of the session, both Sensex and Nifty made a new all-time high at 82,725 and 25,333 respectively. At 9:43 a.m., Sensex was 246 points or...
New Delhi: Bhavish Aggarwal-run Ola Electric clocked its lowest monthly sales this year, dropping 34 per cent sequentially to 27,506 units in August, as its market share nosedived further to 31 per cent. As per vehicle registration data available on the central...
Mumbai: Tata Motors on Sunday reported 8 per cent drop in total domestic sales at 70,006 units in the month of August, as against 76,261 units in the year-ago period. Domestic sales of commercial vehicles — including trucks and buses — fell 16 per cent (year-on-year)...
New Delhi: The Unified Payments Interface (UPI) saw 41 per cent growth (year-on-year) at record 14.96 billion transactions in the month of August, as total transaction amount touched Rs 20.61 lakh crore — a 31 per cent YoY growth, the National Payments Corporation of...
New Delhi: Developers are driving GDP growth and in the era of artificial intelligence (AI), India is set to surpass the US to become the largest software developer community globally by 2027, according to Thomas Dohmke, CEO of Microsoft-owned software development...
New Delhi: At least 31 homegrown startups raised more than $466 million in 22 deals this week, a significant 75 per cent rise from last week. Quick e-commerce platform Zepto raised $340 million in a follow-on financing round, taking the company’s valuation to $5...
Ahmedabad: Retail investors are leading the Indian stock market and at least 2.2 crore of over 10 crore investors on the National Stock Exchange (NSE) are now women. There are approximately 10 crore registered investors on the NSE and out of that, around 22 per cent...