India’s smartphone sales experienced a dip in early 2026. Shipments declined, reflecting a six-year low. Rising costs and reduced demand impacted sales significantly. Experts anticipate continued challenges in the market. Vivo maintained its leading position. Samsung and Oppo followed. Apple…
Read More
India’s trade deficit saw a reduction in March as the West Asia conflict disrupted trade flows. Exports and imports both declined, narrowing the monthly deficit. Despite challenges, India achieved record exports of $860 billion in FY26, showcasing resilience. Several free…
Read More
Indian banks have stopped importing gold and silver. Large quantities of these precious metals are held up at customs. A formal government order authorizing bullion imports is awaited. This situation could lead to supply shortages in India. The delay might…
Read More
The Indian rupee strengthened to a one-week high on Friday. This rise followed reports that the central bank implemented measures to control dollar purchases by state-run oil refiners. These actions aim to support the rupee amid concerns over energy prices…
Read More
The IMF is urging governments to let fuel prices rise, warning that broad subsidies and price caps worsen global energy shocks. Allowing price signals to function encourages demand reduction, which is crucial for market stabilization. Targeted cash transfers are recommended…
Read More
In a bid to navigate the turbulent waters of global shipping issues, India’s textiles ministry is advocating for lower duties on rayon pulp and certain cotton varieties. Furthermore, there’s potential for a postponement of anti-dumping duties on specific yarns, which…
Read More