Smartphone segment in India rebounded after the lockdown to touch an all-time high of 50 million units in September quarter with Chinese companies collectively holding 76 per cent market share, according to research firm Canalys. All the top five smartphone vendors — Xiaomi, Samsung, Vivo, Realme and Oppo — saw their shipment grow in the […]
Qualcomm and Reliance Jio on Tuesday announced they have aligned efforts on 5G in order to fast-track development and rollout of indigenous 5G network infrastructure and services in India. Leveraging Qualcomm’s technology, Jio has indigenously developed a 5G RAN (Radio Access Network) product that has achieved ultra-high throughputs, and the product is already tested by […]
A very large portion of COVID-19 vaccines are likely to be manufactured in India through the country’s strong and robust private sector partners, said Bill and Melinda Gates Foundation CEO Mark Suzman. In an interview to PTI, Suzman noted that India is doing everything it can right now with the resources at hand to fight […]
The country’s largest carmaker Maruti Suzuki India (MSI) on Monday said it had launched a special edition version of its hatchback Swift, priced Rs 24,999 more than the regular trims which are priced between Rs 5.19 lakh and Rs 8.02 lakh (ex-showroom Delhi). The Swift Special Edition comes with a black theme which is accentuated […]
After six months of severe stress triggered by the toughest lockdown so far, some high-frequency indicators point towards economic recovery but there were signs that this revival is fragile, Brickwork Ratings said. It estimated that the economy was likely to contract by 13.5 per cent in the second quarter (July-September) and the contraction in FY21 […]
New Delhi, October 15 Reliance Industries Ltd (RIL) on Thursday said it has received Rs 5,550 crore from global investment firm KKR, which has picked up 1.28 per cent stake in its retail arm. Earlier, on September 23, RIL had announced that KKR will make the investment in its subsidiary Reliance Retail Ventures Ltd (RRVL) […]
The wholesale price-based inflation rose to 1.32 per cent in September mainly on the back of costlier food articles. “The annual rate of inflation, based on monthly WPI, stood at 1.32 per cent (provisional) for the month of September, 2020 (over September, 2019) as compared to 0.33 per cent during the corresponding month of the […]
Shopian: Given the decline in production and the majority of the apple crop affected by fungal diseases this year, the cold storage units in Kashmir are lying empty. Even some stores are yet to get the first box of this year’s apple for storage. Kashmir has about 30 cold storage units having capacity to store […]
The rupee strengthened by 9 paise to close at 73.24 against the US dollar on Thursday, supported by positive domestic equities and weak American currency. At the interbank forex market, the rupee traded in a narrow range. It opened at 73.29 against the American currency and gained further ground to finally settle at 73.24, up […]
To finalise the modalities for buyer-seller meet, the Director Horticulture Kashmir Ajaz Ahmad Bhat Tuesday chaired a meeting of CA store owners as well as chief horticulture officers here. The meet is scheduled to be organised on the pattern of Sunday market to popularize the consumption of local fruits. After threadbare discussion, it was decided […]