Contrary to popular belief, Samsung leads India’s smartphone sales via easy monthly installments, outpacing even Apple. Vivo and Oppo also show strong performance in this growing financing market. As component costs rise, pushing up device prices, financing is becoming crucial for consumers, especially in smaller cities. Brands with robust offline networks are leveraging this trend
Recent cyberattacks on Bajaj Auto and Tata Electronics have underscored the escalating cyber risks for India’s manufacturing sector. As factories embrace automation and AI, their increased connectivity creates larger vulnerabilities. Experts warn that these breaches, which can halt production and compromise sensitive data, threaten intellectual property crucial for India’s ‘China-plus-one’ strategy. Strengthening cybersecurity measures is
Indian banks witnessed robust credit growth in the June 2026 quarter, with some lenders seeing advances surge significantly. However, a widening gap emerged as deposits declined for select banks like Bank of Baroda, IDBI, and RBL. Public sector banks maintained a steadier credit-deposit growth, while private lenders adjusted liabilities. Factors like a new credit guarantee
Prime Minister Narendra Modi inaugurated the new Jodhpur airport terminal, a significant boost for tourism and connectivity, blending modern design with Rajasthani heritage. He also launched the Modified UDAN scheme from Jodhpur, aiming to enhance regional air connectivity nationwide by developing 100 aerodromes and supporting airline operations. This infrastructure push is set to invigorate commerce
India is set to contest proposed US tariffs on its exports next week, arguing that the US Trade Representative’s findings on alleged forced labour are legally flawed. Indian officials and industry bodies will present counter-arguments, emphasizing the country’s robust legal framework and compliance systems. They contend the tariffs would harm both Indian exporters and American
India aims for a monumental $1 trillion in exports this fiscal year, a goal enthusiastically embraced by industry and policymakers. Union Minister Piyush Goyal confirmed the ambitious target, highlighting strong growth in both merchandise and services sectors. Recent free trade agreements and a seven-point action plan are set to bolster this drive, with a significant
India’s IT Minister Ashwini Vaishnaw has ordered officials to summon Meta following reports of Instagram advertisements featuring child sexual abuse material. This action highlights growing concerns about objectionable content on social media and the effectiveness of content moderation on platforms like Instagram. The ministry is seeking answers regarding the platform’s handling of such serious issues.
Indian equity benchmarks closed higher on Friday, buoyed by positive global sentiment, falling crude oil prices, and anticipation of a softer interest rate environment. The Nifty 50 and BSE Sensex both saw gains, with the Nifty 50 ending the week nearly 1% up. Realty and IT sectors led the gains, while PSU Banks and Auto
Despite tariffs, EU-US trade hit a record €875 billion last year. However, a new study reveals underlying strain, particularly for Germany’s auto sector, which saw a significant export drop. While Ireland’s pharmaceutical exports surged, masking regional weakness, services trade also reached new heights, though the EU faced a deficit. The report warns against further tariff
