NEW DELHI: India’s smartphones market has opened 2026 on a weak note, recording its slowest start in six years as shipments slipped 3% year-on-year in the March quarter, according to Counterpoint Research. The decline may appear modest, but the underlying pressures suggest a more persistent demand slowdown.As per the report, smartphones are getting pricier, and…
Mumbai: The rupee regained 92 levels and closed at 92.93, 27 paise stronger then its previous close. The gains followed reports that the RBI has asked oil companies to not purchase dollars from the open market but to rely on a line of credit provided through SBI.Such a move would remove one of the major…
NEW DELHI: Indian oil companies, fertiliser importers and exporters are cheering the opening of the Strait of Hormuz for global commercial vessels.There are 41 India-bound ships, both Indian and foreign-flagged, loaded with cargo, including crude, LPG, LNG and fertiliser, that are waiting to cross the narrow channel, where Iran has blocked normal movement since Feb…
New Delhi: Aiming to eliminate bulk transportation of liquefied petroleum gas (LPG) through roads by 2030, the Petroleum and Natural Gas Regulatory Board (PNGRB) has initiated the bidding process for new pipeline infrastructure connecting refineries, import terminals and bottling plants. The regulator Friday said that the proposed pipelines are designed to connect key supply sources,…
NEW DELHI: A united opposition on Friday spurned PM Narendra Modi’s last-minute appeal for a “conscience vote” and home minister Amit Shah‘s offer to write into the women’s reservation bill that Lok Sabha seats in all states will go up by 50% to inflict on govt its first legislative defeat in 12 years, with the…
Crypto exchange Kraken’s parent company has agreed to acquire digital asset derivatives platform Bitnomial for up to $550 million, in a cash-and-stock transaction that values the firm at $20 billion, Payward said in a press release exclusively shared with CoinDesk. Bitnomial, founded over a decade ago, is the first crypto-native platform to secure all three…
Kalyani: A Trinamool Congress councillor was arrested in West Bengal’s Nadia district Friday. Rajib Dalal, who represents Ward 17 and is the first-ever chairman of Haringhata Municipality, was picked up from his residence. The arrest was allegedly linked to a supposed altercation on the day of nomination filing by TMC candidate Rajib Biswas. Dalal was…
Leema Rose Martin (ANI image) Trichy: The narrow rural road to V Thuraiyur, a remote hamlet 15km north of Lalgudi, an agrarian pocket in central Tamil Nadu, is packed with villagers on either side as the campaign vehicle drives through. On the vehicle is AIADMK candidate Leema Rose Martin, wife of lottery baron Santiago Martin…
Leading bitcoin treasury company Strategy (MSTR) has filed a proxy that, if approved, would allow for semi-monthly dividends on its STRC “Stretch” series of preferred stock. The move would have no effect on STRC’s annual dividend obligations or dividend rate (currently 11.5%), noted Executive Chairman Michael Saylor. Instead, he said, “[the] proposed changes are intended…
MEA spokesperson Randhir Jaiswal New Delhi: Govt has welcomed the Israel-Lebanon ceasefire saying that any step that moves in the direction of peace is welcomed by India. Govt sources also confirmed that India had been invited for a France and UKchaired meeting of around 40 countries to discuss a post-war mission, which excludes the US,…
