Business

India supplies 40% of US smartphone imports, replaces China: Report

India is significantly boosting its global electronics trade, now supplying approximately 40% of US smartphone imports previously sourced from China.…

5 months ago

Crude oil prices plunge over 10% as Iran reopens Strait of Hormuz, stocks rally

Crude oil prices plummeted over 10% as the Strait of Hormuz reopened, easing supply disruption fears and boosting global markets.…

5 months ago

From Hormuz to household finance: How global oil shocks can filter into Indian homes

Global oil markets face turmoil due to the Iran-US conflict and Strait of Hormuz disruptions. India, heavily reliant on oil…

5 months ago

Foreign exchange reserves touch $700 billion mark again; kitty rises $3.83 billion

India's foreign exchange reserves surged by $3.825 billion to $700.946 billion in the week ending April 10, following a significant…

5 months ago

Rupee hits one-week high as RBI moves to stem in fall

The Indian rupee surged to a one-week high Friday, boosted by Reserve Bank of India's strategic moves to curb dollar…

5 months ago

Gold enters ‘healthy consolidation phase’ after retail buying surge: Report

Gold is experiencing a healthy consolidation after a retail-driven buying spree, particularly in India, China, and the US, according to…

5 months ago

Supply shortage of gold, silver? Banks stop import orders as metals stuck at customs, says report

The absence of new shipments could tighten domestic availability, given that India, the world’s second-largest consumer of gold and the…

5 months ago

Wipro shares slide up to 4% after weak Q4, muted outlook dents sentiment

Wipro's shares tumbled as profit dipped and the IT firm projected a subdued outlook, citing cautious client spending. Revenue growth…

5 months ago