Economists polled in a recent survey by Ficci unanimously felt that the rupee will continue to be under pressure in 2018-19
India is the world's third largest smartphone market.
The Indian market, in the first 11 months of 2011, saw smartphone shipments cross the 10-million mark for the first time.
The overall India PC market grew by 8 per cent year-on-year in terms of unit shipments to a record 2.08 million during the quarter. But it was down compared with 10 per cent in the first quarter (Jan-March).
The fruit has to however meet biosecurity standards including irradiation before they are exported.
Imports too declined 26 per cent to $29.47 billion in August, leaving a trade deficit of $6.77 billion.
India has pipped China to drive the volume growth of smartphones in the world on the back of falling prices of high-end devices.
Indian banks are knocking the regulator's doors, seeking approval to open branches in Dhaka, the capital of Bangladesh, as they sense an opportunity to cater to the business community involved in the trade of non-Basmati rice.
Strong demand from the government, banking and technology sectors saw shipment of personal computers in India grow at an impressive 29 per cent year-on-year in 2004-05 to touch 3.6 million units, according to IDC.
Indian PC market has grown by 20% in 2007. The consumer PC category is transitioning from a desktop-centric to a notebook-centric phase of growth.
Investor sentiment remained upbeat on narrowing trade deficit and sustained foreign fund inflows.
Farmers in Maharashtra, Gujarat, Karnataka, Tamil Nadu and Telangana anticipate a sharp decline in vegetable output this year, due to sustained declines in the water table after consecutive years of below-average rain. Prices of vegetables are expected to stay high for the next four to six weeks.
During the third quarter of 2007, the overall Indian personal computer (notebooks and desktop combined) market grew 25.1 per cent year-on-year, in terms of unit shipments, to 1.8 million. For the same period last year, desktop PC shipments showed growth of 10.9 per cent.
India's exports are showing signs of improvement as the contraction in outbound shipments in June so far has come down to about 10-12 per cent as compared with 60 per cent in April, Commerce and Industry Minister Piyush Goyal said on Monday. Declining for the third straight month, In "Currently we are about 10-12 per cent down in June. So in a sense, we have reached up to 88-90 per cent of the level of exports that we had in June 2019 in the current month in the first two weeks. I am awaiting the data for third week (of June)," Goyal said at a CII function.
Micromax accounted for 22 per cent of smartphone sales in India
India has become a hub of drugs and is an attractive trans-shipment area for heroin bound for Europe, Africa, Southeast Asia and North America despite constant efforts by governments at all levels to combat this sort of crime, a United States report has said.
The deficit would have been lower if gold imports hadn't shot up 85.16 per cent last month to $2.91 billion
In a first, the India's smartphone market fell by 4%.
This is causing a shortfall of critical ammunition within the army at a time when the MoD is making emergency purchases from the global arms market to cater for a possible clash with China.
Today, 45 per cent of India's trade is trans-shipped over other regional ports such as Colombo, even as India's container cargo is growing by 15 per cent every year. The development of a trans-shipment hub within the country would definitely help India's trade and accelerate its growth.
Industry bodies said India's move to grant the status to Pakistan had not made much of a difference as it was not reciprocated
Sale of iPhones hits the bottom; firms to postpone new launches; shipment might fall short of 2016 target.
On December 30, 2018, the prime minister had laid the foundation for the 2,312-kilometers long submarine optical fibre cable project connecting Chennai - Andaman and Nicobar Islands (CANI).
Trade, transport and hotels form a major part of the country's GDP and these sectors were crippled by the strike
Market leader Maruti Suzuki India's passenger vehicles sales declined by 2.34 per cent last month at 133,702 units. Hero MotoCorp reported total two-wheeler sales of 480,196 units last month, down 20.05 per cent.
From spreading updates about the brand and upcoming devices to creating personalised world-of-mouth goodwill for Xiaomi -- its online army of fans have swelled parallelly with Xiaomi's fortunes in the country.
India has airlifted more than 6 million COVID-19 doses to nine countries in Phase-I under its initiative termed "Vaccine Maitri".
Analysts tracking Apple said the India results were glimpses of what the company could achieve in emerging markets with a right pricing strategy for its products and local manufacturing.
At the benchmark Lasalgaon Agricultural Produce Market Committee (APMC) mandi, the model onion price shot up to Rs 21.50 a kg on Thursday, as against Rs 16.50 a kg on Wednesday. This was the highest since February 11.
In August 2013, import duties on gold, silver and platinum were hiked to 10 per cent in order to curb the surging imports and also to check CAD.
Even as most manufacturers are still assessing the overall impact on their businesses, early projections suggest the market may grow at its lowest ever rate, in 2020.
The government is considering setting up air freight stations to enable direct movement of vaccines from pharmaceutical factories to the aircraft.
Despite the slowdown, Apple remains the most profitable company in the S&P 500 and the most valuable publicly traded US tech company
India largely exports block frozen shrimp to Vietnam for reprocessing and forward shipment to its customer countries like China, EU, Japan and USA.
"At the moment, the fall is arrested (and it) is very clear. The growth is happening. We will only be looking at the steady growth. It may be slow but steady," Commerce Minister Nirmala Sitharaman told reporters in New Delhi.
'The real lifting of the economy will happen only if this momentum sustains in the coming months.'
As global economies contract because of the Covid-19 pandemic, the focus of most of the India Inc has now moved back to the home market where demand is expected to pick substantially from the coming festival season.
Imports too dipped by 23.1 per cent to $25.41 billion in the month under review as against $33 billion in April 2015.
'There is a total stop on everything. Of course, production and export has taken a hit due to the bad situation in Europe'
15% of India's gold this year is likely to be smuggled in or arrive via other unofficial channels to beat a 10% levy imposed by the government
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