[ad_1] Over two-third of customers in major markets planning to purchase a new smartphone in the next six months prefer getting a 5G model, according to a report released by consulting firm Kantar. China led the markets where as much as 91 percent of customers showed interest in purchasing a 5G phone. However, the trend […]
[ad_1] TCS Q1 Results: The company’s net profit rose to Rs 9,008 crore in the June quarter Tata Consultancy Service (TCS) announced its April-June quarter results for the financial year 2021-22 on Thursday, July 8, reporting a net profit of Rs 9,008 crore, up 28.5 per cent year-on-year, on a consolidated basis. The country’s largest […]
[ad_1] India imports over 80 per cent of its oil needs. The country’s fuel demand, hit by a deadly second wave of coronavirus, would recover to pre-pandemic levels by the end of this year, oil minister Dharmendra Pradhan said on Tuesday. Local fuel consumption- a proxy for oil demand – in May slumped to its […]
[ad_1] Professors from top universities and research institutes have come together to demand a ban on the use of lethal autonomous weapons against humans. Citing a recent UN report of a drone airstrike in Libya by a devious Turkish-made weapons system with no known human oversight, they said a chilling future that many thought unlikely […]
[ad_1] CII president T V Narendran has called for ramping up vaccine production to boost economy The industry body Confederation of Indian Industry (CII) has advocated for a Rs 3 lakh crore fiscal stimulus to boost demand in the economy and said that accelerated vaccination is the key to faster economic recovery. Addressing a press […]
[ad_1] RBI has noted that second wave of pandemic has hit domestic demand the most The Reserve Bank of India (RBI) has observed that the Indian economy continues to wrestle with the second wave of Coronavirus pandemic even though cautious optimism is returning. It has assessed that the second wave has basically hit domestic demand […]
[ad_1] Fitch expects the demand in auto sector to recover with normalisation of economic activity A less severe economic impact from the pandemic’s second wave and resilient buyer sentiment will support a swift rebound in India’s automotive demand after curbs are eased, according to Fitch Ratings. This should drive double-digit growth across most segments in […]
[ad_1] State refiners’ daily petrol and diesel sales declined by about a fifth in May from a month earlier The country’s fuel demand slumped in May to its lowest since August last year with a second COVID-19 wave stalling mobility and muting economic activity in the world’s third largest oil consumer. Oil demand fell 11.3 […]
[ad_1] State-run oil refiners own about 90 per cent of the country’s retail fuel outlets Indian state refiners’ daily petrol and diesel sales declined by about a fifth in May from a month earlier as lockdowns to curb the second deadly wave of COVID-19 hit industrial activities and consumption, preliminary data showed on Tuesday. Daily petrol sales […]
[ad_1] RBI says pandemic second wave has impact demand and employment The Reserve Bank of India (RBI) has said that the biggest toll of Covid-19 pandemic second wave has been in terms of a demand shock – mainly in terms of mobility, discretionary spending and employment. The central bank has noted in its monthly bulletin that […]