India’s refurbished device market is set to significantly outperform new ones this year. Soaring memory costs are pushing up prices and driving consumers toward certified pre-owned alternatives. Leading brands are strengthening their official refurbished programs as the secondary market becomes mainstream. Refurbished smartphone shipments are expected to grow about twelve percent in 2026. The refurbished
Economic momentum sustains as oil prices moderate and trade deals offer new opportunities. Corporate sector performance shows robust demand, with automotive and banking sectors leading growth. Manufacturing faces margin stress due to inventory, while IT remains under pressure. Industry is preparing for increased demand, with capacity additions planned after reaching utilization levels. Concerns about Chinese
British car prices are decreasing as the India-UK CETA agreement begins implementation. Imported Scotch and Indian whiskies will see price reductions after state excise clearances. Car manufacturers like JLR and McLaren have already announced significant price cuts on their vehicles. Alcohol taxes remain high, impacting the extent of price reductions for consumers. Companies will decide
The national unemployment rate remained steady at five point five percent in June. Women experienced a rise in joblessness, reaching five point nine percent. Meanwhile, the jobless rate for men saw a slight decrease to five point three percent. Female labor force participation declined for the fourth consecutive month. This drop was largely due to
India’s social protection system now reaches 100 crore people, covering over two-thirds of its population. This significant expansion reflects the government’s commitment to inclusive development and social welfare initiatives. The International Labour Organisation director general highlighted this achievement during a Brics meeting. Social protection coverage has grown substantially from 25 crore citizens in 2015 to
India exported over $140 million in goods duty-free to the UK on Wednesday. More than fifty export consignments were flagged off from over twenty locations. These shipments included electronics, pharmaceuticals, and textiles, reaching various global gateways. The Comprehensive Economic and Trade Agreement grants Indian exports nearly ninety-nine percent duty-free access. This landmark pact is expected
The India-UK trade deal commenced, reflecting significant trust and cooperation between nations. This agreement is expected to boost both economies and enhance bilateral trade relations. Discussions also addressed national security and the extradition of financial fugitives. The pact aims to strengthen ties in defense, technology, and climate initiatives. Both countries anticipate increased GDP and financial
SpaceX shares have fallen below their initial public offering price for the first time. This decline reflects a broader shift in market sentiment and investor enthusiasm. Analysts point to concerns over interest rates and AI stock momentum. Investors are now awaiting SpaceX’s first quarterly earnings report as a listed company. Upcoming events include the expiry
US stock markets saw gains on Wednesday, driven by strong corporate earnings reports. Investors also reacted positively to recent inflation data, which showed a notable slowdown. This easing inflation reduced expectations for an imminent interest rate hike by the Federal Reserve. However, ongoing Middle East tensions kept global energy supply concerns elevated. Asian and European
The United States has enacted fresh sanctions against seven individuals and entities linked to Iran’s arms procurement activities. Targeting parties in Iran, Russia, Italy, and Nigeria, these sanctions aim to cut off financial support for Iran’s military. Consequently, any assets under US jurisdiction will be frozen under these regulations, intensifying efforts to undermine Iran’s military
