New launches, financing may give foldable phones a boost

New launches, financing may give foldable phones a boost

NEW DELHI: Competition in India’s premium smartphone segment is set to intensify later this year as Apple prepares to enter the foldable smartphone market, challenging Samsung’s long-standing dominance in a category that, while still niche, is expected to continue growing despite an overall slowdown in handset demand.Samsung, currently commands about 89% of India’s foldable market,…

Read More
Iran war pushes Brent to $100, oil companies fear hit to their finances

Iran war pushes Brent to $100, oil companies fear hit to their finances

Global benchmark Brent crude topped the $100-per-barrel mark NEW DELHI: Global benchmark Brent crude topped the $100-per-barrel mark Thursday for the first time in nine weeks as the renewed conflict between US and Iran in West Asia disrupted shipments thr-ough Strait of Hormuz, while Tehran-backed Houthi rebels continued to target shipping through Bab el-Mandeb Strait.Brent…

Read More
US unveils fresh tariffs of up to 12.5% on 60 economies amid 'forced labour' probe; India gets lower 10% rate

US unveils fresh tariffs of up to 12.5% on 60 economies amid ‘forced labour’ probe; India gets lower 10% rate

India to face 10% US tarrifs The Trump administration on Thursday imposed new tariffs of 10 per cent and 12.5 per cent on imports from 60 economies, including India, saying the move aims to push trading partners to strengthen enforcement against goods produced using forced labour. India now qualifies for the lower 10% rate after…

Read More
Indigo Airline Commitments: IndiGo offers crisis management plan to settle CCI probe into flight disruption case

Indigo Airline Commitments: IndiGo offers crisis management plan to settle CCI probe into flight disruption case

India’s largest airline IndiGo has proposed a series of commitments (representative image) India’s largest airline IndiGo has proposed a series of commitments, including setting up a crisis management group, creating a dedicated passenger grievance mechanism and temporarily handing over airport slots during major disruptions, in a bid to address anti-competitive concerns raised by the Competition…

Read More
US stocks today: Wall Street trades in red as oil tops $100 per barrel; Nasdaq tumbles over 2%, Dow slips over 600 points

US stocks today: Wall Street trades in red as oil tops $100 per barrel; Nasdaq tumbles over 2%, Dow slips over 600 points

Wall Street opened lower on Thursday, with Nasdaq leading the losses, as the first round of earnings from Big Tech companies renewed concerns over their huge spending on artificial intelligence. At the same time, oil prices breaching the $100 per barrel levels amid rising tensions in the Middle East also down on market sentiment.Around 9…

Read More
Premium petrol to remain ethanol-free; no plan to blend beyond 20% as of now: Govt to Parliament

Premium petrol to remain ethanol-free; no plan to blend beyond 20% as of now: Govt to Parliament

Consumers buying premium petrol from state-run fuel retailers will continue to get ethanol free fuel. The Centre on Thursday clarified that these specialised grades will remain exempt from the Ethanol Blended Petrol (EBP) programme. It further added that, currently, there is no proposal either to bring back E0 or E10 petrol or to raise ethanol…

Read More