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NEW DELHI : Against the backdrop of economic fluctuations and a prolonged downturn in consumer demand, India's smartphone market—the second-largest globally—is showing early signs of a resurgence. Per Mint's research, based on data gathered from four industry analysts, smartphone shipments in India likely ranged from 32.5 million to 35 million units in the first quarter of 2024, signalling a modest revival amid muted consumer sentiment. The Indian smartphone market had peaked in the January-March quarter of 2021 with 38 million units shipped, according to data from International Data Corporation (IDC) India.

Lok Sabha Elections 2024: BJP's ‘Sankalp Patra’ Vs Congress's ‘Nyay Patra’ explained in 10 key points He said, “No matter what happens in these elections, no matter who will be winning this election, I think we will see more of India on the international stage. The G20 Presidency gave us a little taste of that. India claims a seat at the big table, and we, Germans and Europeans, think rightfully so.

NEW DELHI : India has allowed export of 10,000 tonnes of onion to Sri Lanka through the National Cooperatives Exports Cooperative, the Directorate General of Foreign Trade (DGFT) said in a notification late on Monday. With this, India has approved as much as 79,160 tonnes of onions for export overriding a ban on shipments imposed in December 2023. The government recently approved an additional 10,000 tonnes of onion export to the United Arab Emirates over and above the 24,400 tonnes allowed earlier.

India has showcased itself as a global leader, the top intelligence official from the US Department of Defense has told the Congress that in 2023, India took steps to modernise its military to compete with China and reduce its dependency on Russian origin-equipment. «During the past year, India has showcased itself as a global leader by hosting the Group of 20 economic summit and demonstrated a greater willingness to counter PRC (People's Republic of China) activity throughout the Indo-Pacific region,» Lt Gen Jeffrey Kruse, Director of the Defense Intelligence Agency told members of the House Armed Services Committee — the subcommittee on intelligence and special operations during a Congressional hearing on defence intelligence countering China. India, he said, has advanced partnerships in the Indo-Pacific with regional South China Sea claimants, such as the Philippines, through training and defence sales and deepened cooperation with the US, Australia, France and Japan.

Reserve Bank of India announced new steps for rupee-settled global trades, Russian banking major Sberbank said it has seen an uptick in volumes for rupee-rouble payments for Moscow’s imports, with the lender focusing on drawing more foreign clients to the domestic market. “Sberbank offers its corporate clients a convenient way of carrying out settlements in rupees and roubles. Sberbank has now become the main channel for such payments on Russian import operations, with volumes up by seven times last year compared to 2022. More and more companies are taking advantage of it, recognising the attractions of this means of payment,” Anatoly Popov, deputy chairman of the executive board of Sberbank, said exclusively to ET. In July 2022, the RBI said that it would put in place an additional arrangement for invoicing, payment and settlement of exports and imports in rupees. The step, taken in the aftermath of the Ukraine war, was aimed at supporting the increasing interest of global trading in rupees, the central bank said.

NEW DELHI : In an aggressive move to boost market share and strengthen its financial footing ahead of its initial public offering (IPO), Ola Electric has substantially reduced the price of its new S1X scooter, powered by a 2kWh battery, which it had announced in February. The price cut of ₹10,000, a 12.5% reduction from the original ₹80,000, brings the ex-showroom cost down to ₹70,000.

NEW DELHI : New Delhi: The union government is planning to set up dedicated labs for testing high-grade cotton in Maharashtra, Tamil Nadu, Haryana, Punjab, Gujarat and Karnataka as part of a push to establish the Indian Kasturi cotton as a global brand, two persons aware of the matter said. The labs would be set up in convergence with the Bureau of Indian Standards' (BIS) testing facilities, ensuring alignment with national quality standards.

NEW DELHI : Vodafone Idea expects its ₹18,000-crore follow-on public offer to have maximum subscription with the share of anchor investors being fully subscribed, even as India’s No. 3 telecom carrier began its roadshow for individual investors. “We’ve had an extensive roadshow with all international and domestic institutional investors.

Tesla is looking at potential showroom locations in New Delhi and Mumbai ahead of plans to begin sales in India later this year, two people familiar with the discussions said. Tesla, which saw its global vehicle deliveries decline in the first quarter for the first time in nearly four years, is stepping up efforts to expand into new markets. It wants to begin with a showroom of 3,000 to 5,000 square feet (280-465 square metres) as well as a service hub in each city, said one of the people familiar with the plans.

Sankalp Patra', its manifesto for the Lok Sabha elections, National Conference leader and former Jammu and Kashmir chief minister, Omar Abdullah, on Sunday said it is aimed at the 'destruction' of the erstwhile state. Speaking on Sunday, the former CM said, «I have been busy campaigning since morning. I have not read their manifesto as yet. But from what I have gathered, their manifesto has nothing for Jammu and Kashmir. The BJP's manifestoes have always brought destruction to Jammu and Kashmir.» He claimed that the INDIA bloc will win all five Lok Sabha constituencies of Jammu and Kashmir and one in Ladakh.

NEW DELHI : Iran's reprisal attacks on Israel are unlikely to significantly dent the Indian stock market unless Tel Aviv responds, in which case crude oil prices could spike on supply disruptions, market analysts said on Sunday. Their comments came after the Tel Aviv Stock Exchange's (TASE) benchmark TA-35 index closed up 0.27% at 1938.18 on Sunday despite Iran's overnight drone and missile attacks. The TASE runs from Sunday through Thursday.

NEW DELHI, MUMBAI : The ongoing conflict between Iran and Israel could disrupt the aviation and shipping industries, sparking concerns over air travel safety and maritime security worldwide, besides a potential rise in airfares, increased war-risk premium for vessels operating in the area, as well as risks to agriculture trade. Following Iran's recent attack on Israel with drones and missiles, several countries in the region, including Iran, Jordan, Iraq, Lebanon, and Israel, temporarily closed their airspaces on 12 April as a precautionary measure, before reopening on 14 April, albeit with restrictions.

New Delhi: Bharat Rashtra Samithi (BRS) working president K T Rama Rao on Sunday met his sister K Kavitha, who is in the CBI custody in a case linked to the alleged Delhi excise scam, at the agency office. Kavitha, 46, was arrested on April 11 by the CBI in Tihar jail, where she was lodged after her arrest by the Enforcement Directorate in a money laundering case linked to the alleged scam. A special court sent her to the CBI custody till April 15. Sources said with court's permission, K T Rama Rao met his sister for half an hour at the CBI headquarters. Kavitha, a member of the Telangana Legislative Council and daughter of former state chief minister K Chandrashekar Rao, was lodged in Tihar jail under judicial custody after the ED arrested her in Hyderabad on March 15.

NEW DELHI : As conflict between Israel and Iran heats up, India is among the countries most affected. India has deep equities in the region: a large diaspora, strong economic partners, and a growing strategy role. But the prospect of a large-scale conflict hurts that.

NEW DELHI : Indian telecom operators Reliance Jio, Bharti Airtel and Vodafone Idea are expected to report largely steady revenues and profits for the quarter ended 31 March, but the first half of the current fiscal year will see them put up a better show, buoyed by likely tariff hikes. Indus Towers, a leading telecom infrastructure provider, is expected to report relatively better numbers, boosted likely by part-payment of its dues by Vodafone Idea.

New Delhi: Amir Sarfaraz Tamba, an accused in the murder of Indian death row prisoner in Pakistan Sarabjit Singh and a close associate of Lashkar-e-Taiba (LeT) terror outfit founder Hafiz Sayeed, was killed by unidentified gunmen in Lahore on Sunday, official sources said. Tamba was attacked by motorcycle-borne assailants in the Islampura area of Lahore in Pakistan and was rushed in critical condition to a hospital where he succumbed to his injuries, the sources said. Singh, 49, died of cardiac arrest in Jinnah Hospital Lahore in the wee hours of May 2, 2013, after being comatose for nearly a week following a brutal assault by inmates including Tamba, inside the high-security Kot Lakhpat jail. Tamba, whose father's name is Sarfaraz Javed, was born in Lahore in 1979 and was a close associate of the LeT founder.

Cambodia's post on X, the diplomat has a deep understanding and administration for Khmer culture and tradition, dressed up 'elegantly' to mark the country's New Year. "Ambassador Devyani Khobragade has a deep admiration for Khmer culture and tradition. Embracing the spirit of Khmer New Year, she elegantly dressed as a Khmer Apsara, embodying the rich bond of our civilizations.

India to the Maldives has left the island nation as demanded by him, President Mohamed Muizzu has said. Muizzu, a pro-China leader, also reaffirmed that foreign ambassadors in Male will not wield authority over him emphasising that ultimate power rests with the citizens. Last month, he had alleged that his predecessor Ibrahim Mohamed Solih operated on the orders from «a foreign ambassador» without naming any country. He announced the withdrawal of the second Indian military contingent from the Maldives while speaking during a campaign event for the ruling People's National Congress party candidates ahead of the parliamentary elections scheduled for April 21.

NEW DELHI : Film producers and streaming platforms are adopting a new strategy to lure viewers to watch their titles at a time attention span has shrunk amid a surfeit of entertainment options. They are increasingly releasing short clips or snippets, usually lasting between five and 10 minutes, on social media channels like Twitter, Instagram and Facebook, giving away major dialogues, scenes and songs of the titles to get the viewers hooked.

NEW DELHI : Snap India has appointed Saket Jha Saurabh as director of content and partnerships. Saurabh previously served as director and head-media partnerships at Meta Platforms Inc., before which he was director and head of the social media giant’s entertainment and music partnerships. Saurabh, a graduate of The Hong Kong University of Science and Technology, has also served as business head of digital at Bloomberg.

Bharatiya Janata Party (BJP) released its manifesto on Sunday, April 14 for the Lok Sabha election 2024 at its headquarters in New Delhi in the presence of Prime Minister Narendra Modi. Among other promises, the party pledged to implement the Uniform Civil Code (UCC) across the country after forming a government at the Centre.