Total India smartphone sales touched 2.7 million units during January-March 2012. Samsung emerged as the leader in the smartphone segment with a 40.4 per cent share, followed at number two and number three by Nokia with 25.5 per cent and RIM with 12.3 per cent share.
During April-August, the shipment dipped by about six per cent to $120 billion from $127.6 billion in the same period last year, Commerce Secretary S R Rao told reporters in New Delhi.
Pakistan's former president Asif Ali Zardari was on Tuesday acquitted in a corruption case dating back to the 1990s when his slain wife Benazir Bhutto was prime minister.
Reflecting slowdown in the economy, imports too declined by 7.61 per cent to $37.9 billion in July, leaving a trade deficit of $15.4 billion.
The WTO's quarterly outlook indicator, comprising seven trade parameters, stood at 96.3, the lowest since March 2010 and down from 98.6 in November. Exports from India would be hit if there is a slowdown in world trade.
Imports dropped by a sharper pace of 7.36 per cent to $41.9 billion, signalling weakening of the economy especially with regard to fresh investments as inward shipments of plant and machinery fell by eight per cent, according to provisional data released on Thursday.
Exports had stood at $25.3 billion in December 2011.
As a setback to exporters, shipments of 1,100 items will be entitled to lower tax refunds from October 1 when curtains draw on the popular DEPB scheme, government announced on Friday.
Intel, which has virtually no momentum in the mobile market, would roll out the next generation Atom processors on smartphones next year.
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Attributing the high Current Account Deficit to mainly gold import, Chidambaram said the inward shipments of the precious metal resulted in outgo of $50 billion.
India's exports in November contracted 4.17 per cent year-on-year, for the seventh month in a row, to $22.2 billion, due to slowdown in demand in the US and European markets.
The dangerous thing about the present situation is that the government is complacent enough to not realise that we are in the midst of a protracted economic slowdown, Singh said.
India on Monday raised serious concerns over the USFDA's audit inspections of Indian pharma companies and 'disproportionate penalties' in some instances and said it would submit a discussion document on the issues to the US.
The revival of the phytosanitary protocol with China is expected to boost tobacco exports to China and prove economically beneficial to Indian farmers.
Exports were down mainly due to the demand slowdown in the US and European markets.
It has captured 38 per cent of the feature phone segment in 2018 through frequent innovation, says Arnab Dutta.
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