IMF raises India’s GDP growth forecast, cuts China’s

New Delhi (IANS) The International Monetary Fund (IMF) has raised its 2023-24 GDP growth forecast for India to 6.3 per cent on the back of strong consumption demand, while the multilateral lending agency cut China’s growth rate to 5 per cent.

Global TWS market slips 2%, entry-level devices help Indian brands grow

New Delhi (IANS) The global true wireless stereo (TWS) earphone market’s unit sales slipped only 2 per cent (year-on-year) in the first half of this year, as entry-level (less than $50) segment continued to grow across emerging markets, primarily…

PURE EV launches ePluto 7G MAX with 201 km range

New Delhi (IANS) PURE EV has launched new electric scooter -- ePluto 7G MAX with an ultra-long range of 201 km per charge and with MAX boasts features such as HillStart Assist, DownHill Assist, Coasting Regen, Reverse Mode, Smart AI for Battery Longevity…

India’s norms against dark patterns may hurt ease of doing business: Big Tech coalition

New Delhi (IANS) The Asia Internet Coalition (AIC), that has Meta, Amazon, Twitter, Google and other Big Tech companies as its members, has opposed the draft dark pattern guidelines by the Indian government, saying the move may stagnate the growth…

Oil prices jump on concerns over Middle East supply disruptions

New Delhi (IANS) Oil prices jumped by 4 per cent on Monday on concerns that the situation in Israel and Gaza could disrupt output from the Middle East.

The West Texas Intermediate (WTI), the benchmark for US oil, rose to more than $86 a barrel,…

India likely to see 70-75% growth in 5G smartphone shipments in festive season

New Delhi (IANS) India is expected to see 70-75 per cent annual growth in the 5G smartphone shipments during the ongoing festive season, a new report has said.

The country saw a 65 per cent growth in 5G handset shipments till July this year…

Crude supply, inflation risks for India if war spreads to West Asia: Economists

Chennai (IANS) Senior Economists are in a wait and watch mode as to the impact of Israel - Hamas war on the Indian economy while agreeing there may be a crude oil supply challenge if the war spreads across West Asia.

They said it is a bit early…

K'taka Industries Minister meets US chip manufacturer AMD officials

Bengaluru (IANS) Karnataka Minister for Large and Medium Industries and Infrastructure Development, M.B. Patil, on Saturday had a 'productive discussion' in San Francisco, California, around skilling, Center of Excellence, and stimulating…

GST on e-gaming firms not retrospective, Centre tells dissenting states

New Delhi (IANS) The Central government has clarified to the states that the goods and services tax (GST) on online gaming companies is not being levied retrospectively since some online games involved in betting were already being charged a 28 per…

Air India unveils first look of A350 aircraft

New Delhi (IANS) Air India on Saturday unveiled the first look of its A350 aircraft following its rebranding and the introduction of a fresh logo and livery, following its acquisition by the Tata Group.

“Here's the first look of the majestic…