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Apple analysts see decline in average selling prices for iPhones

Apple Inc. could see a bigger-than-expected decline in the average selling price for the iPhone as consumers gravitate toward cheaper models, according to analysts.

Industry News

Xiaomi launches big 5G challenge to Huawei in China

The long-awaited phone upgrade cycle that 5G networking is set to trigger will be hotly contested ground among China’s leading smartphone vendors.

Xiaomi phones india, 5 g phones, Huawei phones india, Lei Jun, Mi 9 Pro 5G, Xiaomi MIX Alpha, Huawei phones, Vivo phones, Oppo phones News

Ford India’s struggling business to be run by Mahindra with controlling rights in new JV

Mahindra, one of India’s largest automakers, will own 51% of the new entity, said the people, who asked not to be identified discussing the confidential plan.

Car News

Reliance Capital’s default rating puts $13 billion debt of Anil Ambani group at risk

Reliance Capital Ltd.’s downgrade to default grade at Care Ratings Ltd. places the debt of embattled tycoon Anil Ambani’s conglomerate at risk, reigniting India’s credit scare.

Industry News

5G is for show-offs, some analysts say

“Having the latest 5G smartphone, and equally importantly, showing it off might be its single most important benefit.”

5G, costly infrastructure of 5G, telecom operators, 5G in India, what is 5g? News

Huawei Mate 30 series out to walk tightrope without Google apps

Huawei Mate 30 and Mate 30 Pro will go on sale in China next week and in Europe next month, costing 799 euros and 1,099 euros respectively.

Industry News

India mulling facial recognition system for citizens as next step to biometric surveillance

Prime Minister Narendra Modi’s government will open bids next month to build a system to centralise facial recognition data captured through surveillance cameras across India

Industry News

India’s fiscal deficit may widen to four-year high after Nirmala Sitharaman’s tax cut gift

India’s budget gap is likely to widen to the highest since 2016 after Prime Minister Narendra Modi’s government unleashed $20 billion in corporate tax cuts to revive demand.

Economy News

Free money for everyone can’t be economy’s panacea; why Universal Basic Income won’t solve problems

The world economy is turning toward a depressingly familiar cycle of lower rates, renewed quantitative easing and more fiscal stimulus.

India, Congress, Economy news, RBI, Finance Minister, debt  News

Sitharaman’s self-defense: ‘I’ve been working on economy’, finance minister tweets after criticism

India’s Finance Minister Nirmala Sitharaman defended her handling of the economy in a Twitter post, following criticism by a corporate leader on the lack of fiscal measures to support growth.

Finance Minister Nirmala Sitharaman (File photo) News

Top NBFC bets on RBI easing to end credit crisis even as fresh strains emerge in sector

Pushed by a year of distress in India’s shadow banking sector, policy makers have announced a series of measures to calm the credit market.

MPC, monetary policy, rbi, repo rate cut, repo rate, interest rate, policy rate, slowdown, boost economy News

NBFC crisis, slowdown put Modi’s goal of $5 trillion economy at risk

India’s slowdown and a simmering shadow banking crisis is putting Prime Minister Narendra Modi’s goal of crafting a $5 trillion economy by 2025 at risk.

Economy News

London overtakes Mumbai in rupee trading

London has overtaken India’s financial capital Mumbai to become the top center for trading the nation’s currency.

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Facebook confirms its contractors have been listening to users of Portal smart display

Facebook will still collect and transcribe “Hey Portal” commands if users don’t change the default settings

Industry News

Bill Gates says Big Tech companies shouldn’t be broken up

At issue was the software giant’s bundling of its Internet Explorer browser to Windows as a way to maintain its dominance in PC operating systems. Ultimately Microsoft remained intact.

Gates said Microsoft’s own antitrust scrutiny has made the company “more thoughtful about this kind of activity.” News

How virtual streamers became the biggest YouTube attraction in Japan

In the home of anime and “Ghost in the Shell” futurism, millions now follow Kizuna Ai online, and that success has spawned thousands of copycat acts and a cottage industry catering to so-called virtual YouTubers, or VTube

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बिल गेट्स से सीखें अमीर बनने का बेस्ट तरीका, निवेश के इस नियम से बना लिए 7.65 लाख करोड़

बिल गेट्स अभी भी शेयर बाजार को लेकर पहले की तरह ही बुलिश हैं.

Bill Gates News

मोदी के नए भारत में बदलने लगा है हवा का रुख, 4500 करोड़ डॉलर पर ‘संकट के बादल’

जिन विदेशी निवेशकों ने पहले मोदी सरकार पर भरोसा दिखाया, वही अब बिकवाल हो गए हैं.


IBM CEO sees Amazon and Microsoft as cloud allies, not rivals

After struggling to keep up in the cloud market for more than a decade, IBM has switched to a hybrid cloud strategy, cementing its future with last year’s $34 billion acquisition of Red Hat

Industry News

Saudi oil refinery attack unites China with India, other Asia rivals worried about war

If anything could distract Asia’s top powers from sparring over disputed territory and crimes committed during World War II, it’s the need for cheap oil.

Saudi oil output cut, Aramco site, drones strike at Aramco site, Saudi Arabia oil production, Yemen, Michael Pompeo, Saudi Aramco News

$45 billion at stake: Global investors unwinding as Narendra Modi euphoria wanes

After pouring $45 billion into India’s stock market over the past six years on hopes that Modi would unleash the country’s economic potential, international money managers are now unwinding those wagers at the fastest pac

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India’s $7 billion of export stimulus to revive a flagging economy isn’t enough

India’s new measures announced Saturday to revive a flagging economy through an aid to exporters isn’t as big a boost as the initial numbers suggested.

Economy News

JSW Steel sees iron ore drop to $60 as demand from biggest consumer China eases

JSW Steel Ltd., India’s most valuable steel producer, is predicting declines for iron ore next year as demand from biggest consumer China eases and supplies recover.

Industry News

Oil spike sends India assets lower as inflation concerns revive

India’s rupee halted a seven-day rally and bonds declined after a drone attack on Saudi Arabia’s oil facilities sent global crude prices soaring by the most on record.

Markets News

Oil prices soar after drone attack on Saudi Aramco oil facility hits supply

Global oil prices surged the most on record after a strike on a Saudi Arabian oil facility removed about 5% of global supplies, an attack the U.S. has blamed on Iran.

Brent jumped more than 19% on ICE Futures Europe to $71.95 a barrel, its biggest gain in percentage terms since 1991 News

Reliance, BP take over Niko’s 10% stake in KG-D6 block

Reliance and BP split Niko's share in proportion to their existing shareholding in the block.

Reliance Industries, BP plc, Niko Resources, KG-D6 block, Bay of Bengal, Dhirubhai-1, R-Cluster, Satellite Cluster News

YouTube changes policy, stops counting paid ads in music-video viewing records

The unit of Alphabet Inc.’s Google has touted its role as a promotional channel for pop-music stardom.

YouTube, YouTube Music videos, YouTube charts, Google, Alphabet Inc, YouTube ads, music industry News
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