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IDEAS 2024) to export defence products and equipment including advanced drones, fighter jets, commercial and logistic ships, electronic warfare equipment, and radars, Ministry of Defence Production Secretary Lt Gen (Retd) Chiragh Haider told PTI. Haider said the 12th edition of IDEAS held last week amidst tight security in Karachi was a big success and ended with a lot of potential export agreements.

Tech Mahindra (TechM), India’s fifth-largest IT services company, has established a development centre at its office in Bengaluru, in partnership with electronic design and computer storage device manufacturing firm Universal Scientific Industrial (Shanghai), USI. It is USI’s first engineering offshore development center (ODC) in India. Located at Tech Mahindra’s Bengaluru office, the development center will accelerate innovation in smart device engineering, Tech Mahindra said in a statement. The center marks a milestone for USI as it expands its engineering capabilities to India, for enhancing device software development, hardware design, and testing.

India's global trade story has long been shaped by its relationships with two of its largest partners: the United States and China. While these relationships have grown significantly over the past decade, they show stark contrasts that often remain as lesser-known facts, at least like Crisil called it in an investr note. India’s trade with the U.S. and China reached $120 billion and $118 billion respectively in fiscal 2024, doubling over the last decade. However, the similarity ends here, Crisil said, as it notes hat India has a $35.3 billion trade surplus with the U.S., while it faces an $85.1 billion trade deficit with China.

consumer durables retail sector, valued at Rs 1.8 trillion, faces six key risks that could disrupt growth, according to Nuvama Institutional Equities. Despite the challenges, two small-cap players—Electronics Mart India and Aditya Vision Ltd—stand out for their strategic approaches and strong regional dominance, making them compelling investment opportunities. The Indian consumer electronics sector is poised for growth, projected to reach Rs 3 trillion by FY29, but the path is fraught with challenges. Nuvama’s research highlighted six major risks: a demand slowdown, rising competition, the growing clout of online retail, disruption in financing availability, inadequate OEM after-sales support, and supply chain interruptions.

National Tree Company CEO Chris Butler joins 'Cavuto: Coast to Coast' to discuss holiday sales forecasts and artificial Christmas trees.

Subscribe to enjoy similar stories. India-China trade data for 2023 reveals a widening discrepancy, with India's reported imports from China falling significantly short of China's export figures, raising concerns over potential anomalies such as under-invoicing, misclassification, and inconsistent reporting practices.

The NSE Nifty index ended the session 80.41 points up at 24274.9, while BSE Sensex 230.02 points to 80234.08.

PAN 2.0 initiative, and holders will automatically receive an electronic version of their card via email, without needing to apply. However, those who wish to obtain a physical card must apply and pay a fee of Rs 50 if they reside in India, the tax department announced on Tuesday. «If existing PAN holders wish to update or correct their details, such as email, mobile number, address, name, or date of birth, they can do so at no cost once the PAN 2.0 project is rolled out,» the Central Board of Direct Taxes (CBDT) stated in a set of FAQs released on Tuesday following approval of the Rs 1,400 crore project by the Cabinet Committee on Economic Affairs (CCEA). In the meantime, holders can use the Aadhaar-based online facility for free updates of email, mobile, and address details.

Best Buy on Tuesday reported another quarterly drop in sales as Americans continued to tighten their purse strings on appliances and gadgets to focus on essentials

Best tablets in India: Choose from top 10 tablet options for better productivity and worthy entertainmentThe OnePlus Pad Go is a stylish tablet with an 11.35-inch 2.4K LCD display offering clear visuals and eye-friendly features. Its Dolby Atmos quad speakers provide immersive audio. Powered by the MediaTek Helio G99 processor and Oxygen OS 13.2, it ensures smooth performance.

The NSE Nifty index was trading 21.4 points up at 24243.3, while BSE Sensex was 69.76 points at 80179.61 at the time of writing this report.

FIFA has signed its long-time sponsor AB InBev to a Club World Cup deal that will promote the Budweiser and Michelob Ultra brands at the tournament in the United States next year

Bharat Electronics Ltd. 5.11 per cent to Rs 295.15 at 10:18AM hours (IST) on Monday. Earlier in the day, the stock saw a gap up start to the session. As per data available on BSE, total traded quantity on the counter stood at 483,774 shares with a turnover of Rs 14.18 crore till 10:18AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 47.38, while the price-to-book value ratio stood at 9.02.

Subscribe to enjoy similar stories. New Delhi: India's production sops programme which powered a ₹13 trillion manufacturing boom may not add any more sectors soon in the wake of slowing disbursements, two people aware of the matter said.

«In China, while the factory to export take-off from the cargo terminal is achieved on Day 1, in India, the export take off happens only by Day 2. This is a glaring chasm especially when seen in the context of the volume of exports which in the case of China is more than 30 times electronics output (USD 959 billion) compared to India (USD 29 billion) in 2023,» Mohindroo said. Electronics is already India's largest export in air cargo while it's ranked third overall behind engineering and petrol.

Subscribe to enjoy similar stories. Urban India’s shopping carts are losing their heft. After a pandemic-era spree on everything from electronics to grooming services, city dwellers are pulling back, leaving manufacturers and service providers grappling with sagging sales.

World Gold Council. AI is fast becoming a cornerstone of modern technology, driving advancements across various industries. The considerable electronics infrastructure required to power this rapidly growing sector directly impacts industrial gold demand.

Amazon Gadget Awards 2024: Vote for your favourites and grab discounts on laptops, tablets, and moreImmerse yourself in exceptional sound with up to 80% off on the best headphones during the Amazon Mega Electronics Days sale. This limited-time Amazon sale brings you premium audio devices at jaw-dropping prices, perfect for music enthusiasts, gamers, and professionals alike.

iPhone 15 will be available at an effective price of ₹57,749, a significant reduction from its original launch price of ₹79,900. Similarly, the iPhone 15 Plus is set to cost ₹65,999, while the high-end iPhone 15 Pro Max will see its price drop to ₹1,23,999, down from ₹1,59,999.Android enthusiasts are also in for a treat.

premium products, said market researcher NielsenIQ. “This growth is fuelled by the shift toward connected, feature-rich appliances and smartphones, with a clear preference for products that offer both convenience and long-term value," said Anant Jain, head of customer success in tech and durables at NielsenIQ. He said the festive period also contributed to the growth, with more consumers timing their purchases to benefit from promotions and special offers. There was a recovery in sales volume in October due to festive demand. As per NielsenIQ, the four weeks of the festive period till Diwali drove 13% value sales growth and 8% volume growth.