NEW DELHI: Competition in India’s premium smartphone segment is set to intensify later this year as Apple prepares to enter the foldable smartphone market, challenging Samsung’s long-standing dominance in a category that, while still niche, is expected to continue growing despite an overall slowdown in handset demand.Samsung, currently commands about 89% of India’s foldable market,…
Rahul Bhatia, promoter and MD of India’s largest carrier IndiGo NEW DELHI: Rahul Bhatia, promoter and MD of India’s largest carrier IndiGo, has opposed the proposed move to allow airport operators in India to own and run airlines too. “There is no global precedent for this. It raises massive conflict-of-interest concerns, and it is unclear…
Flipkart to start food deliveries from next month NEW DELHI: The food delivery space is set to get hotter with Flipkart planning a foray over the next 30 days.“Food delivery is another customer use case within our broader e-commerce platform. We will begin with a pilot, learn from it, and decide how to scale across…
Consumers buying premium petrol from state-run fuel retailers will continue to get ethanol free fuel. The Centre on Thursday clarified that these specialised grades will remain exempt from the Ethanol Blended Petrol (EBP) programme. It further added that, currently, there is no proposal either to bring back E0 or E10 petrol or to raise ethanol…
Crude price today: Oil prices have skyrocketed back in triple-digit territory as fresh tensions in the Middle East sent global markets on edge. Brent crude climbed above $100 per barrel on Thursday for the first time since May after Yemen’s Houthi group claimed responsibility for attacking two Saudi oil tankers in the Red Sea, raising…
The prolonged US-Iran conflict has taken a heavy toll on Indian airlines, with around 26,000 international flights cancelled till July 20 as carriers continue to grapple with airspace restrictions across the Middle East.Apart from the large-scale cancellations, airlines have also faced flight diversions and delays, while longer flying routes have increased fuel consumption and operating…
File photo: A view of India’s first hydrogen-powered train between Jind and Sonipat (Picture credit: ANI) India’s first hydrogen fuel cell-powered passenger train has covered around 900 kilometres during the first five days of its commercial operations on the Jind-Sonipat route in Haryana, according to an official statement issued on Wednesday.The train, which was flagged…
For decades, the Strait of Hormuz has been the world’s most critical oil gateway, with millions of barrels of crude passing through it every day. But repeated disruptions to oil supplies across the globe have exposed just how vulnerable that dependence is, prompting Gulf nations to resort to an ambitious network of pipelines designed to…
Rupee began Thursday on a positive note, rising 0.1% against the US dollar. The currency opened at 96.49 against the greenback, compared with its previous close of 96.56, after ending the last session at its weakest level in more than two months.The modest recovery comes even as rupee continues to face pressure from rising crude…
Those ‘aam’ Totapuris may soon decide more than just the flavour of your drink!The mango variety could also determine the GST rate on your flavoured drink under the Centre’s latest move to support farmers while encouraging beverage makers to use more real fruit. The government has proposed reserving the concessional 5% GST rate for mango-based…