Indian Auto Industry Sees 13% Sales Growth in February

The Indian auto industry experiences a notable 13% increase in sales in February 2024, across all segments, according to a report by the Federation of Automobile Dealers Associations (FADA). Despite this growth, concerns regarding elevated inventory levels persist. Passenger Vehicles Reach Record Numbers February 2024 witnesses a 12% year-on-year growth in the passenger vehicle segment, […]

Reliance Jio and Airtel Witness Growth in Subscriber Base

India’s telecom landscape sees Reliance Jio and Bharti Airtel expanding their subscriber bases in January 2024, while Vi experiences a decline in subscribers. Vi Faces Subscriber Loss Vi, the telecom operator yet to introduce 5G services, reports a loss of 1.52 million subscribers in January 2024, following a previous decline of 1.38 million in December […]

Real Estate Investment Trusts (REITs) Push for Direct Bank Lending

The Indian Real Estate Investment Trust (REIT) industry is lobbying for access to direct bank lending and classification as equities, aiming to broaden its financial options and investor appeal. Seeking Access to Direct Bank Lending The Indian REITs Association (IRA), a newly formed umbrella body representing the sector, consisting of four listed entities, advocates for […]

China’s Diplomatic Dilemma: Balancing Aggression and Image Management

During a recent talk in New York, veteran diplomat Liu Jianchao hinted at a potential shift in China’s diplomatic approach, sparking speculation about the future trajectory of its foreign relations strategy. Liu, head of the Chinese Communist Party’s International Department, addressed concerns about China’s past aggressive diplomacy, colloquially known as “Wolf Warrior” style. He downplayed […]

Samsung Launches Galaxy M15 and Galaxy M55 in India

Samsung Launches Galaxy M15 and Galaxy M55 in India

Samsung has unveiled two new additions to its Galaxy M series in India – the Galaxy M15, targeting budget-conscious buyers, and the Galaxy M55, positioned as a mid-range offering. These smartphones succeed the Galaxy M14 and Galaxy M54 models, respectively. Pricing Details The Samsung Galaxy M15 is priced at ₹13,299 for the 4GB RAM + […]

China's Dilemma: Balancing Data Control and Economic Growth

China’s Dilemma: Balancing Data Control and Economic Growth

Nicholas Burns, the US ambassador to China, has highlighted the internal struggle within China between its ambitions for economic growth and its desire to control data related to its businesses and citizens. During an interview with Lesley Stahl on 60 Minutes, Burns outlined China’s recent crackdown on US companies operating within its borders, including raids […]

Billionaires Aligning with Trump Amid Funding Challenges

Billionaires Aligning with Trump Amid Funding Challenges

A select group of influential billionaires and tech tycoons are increasingly finding common ground with former President Donald Trump as recent campaign filings reveal his struggles to secure financial support. Recent campaign finance reports underscore Trump’s ongoing difficulty in amassing donations in comparison to President Joe Biden ahead of the November election. Trump’s reliance on […]

Effective Altruism Charity Funded by Sam Bankman-Fried to Close

Effective Altruism Charity Funded by Sam Bankman-Fried to Close

Sam Bankman-Fried, once considered the face of the effective altruism movement, is associated with the closure of a UK-based charity funded by him. Effective Ventures Foundation UK’s Closure Effective Ventures Foundation UK, established in 2012 and financially supported by Sam Bankman-Fried, is preparing to shut down. Despite reporting substantial income of over £140 million in […]

realme Introduces 'P Series' for the Indian Market

realme Introduces ‘P Series’ for the Indian Market

India’s tech landscape has witnessed rapid growth, now valued at over $250 billion, with the mid-premium smartphone segment capturing a 5% market share, growing by 27% YoY in 2023. Despite this growth, there’s a perceived stagnation in innovation among current smartphones, highlighting the need for continuous advancements in business models and user experiences. realme’s Commitment […]

Limited-Time Discount on PlayStation 5 in India

Limited-Time Discount on PlayStation 5 in India

Sony India has introduced a special Summer Offer, providing a discount of ₹10,000 on selected models of the PlayStation 5 (PS5) for a limited period. This announcement coincides with the recent launch of the PlayStation 5 Slim, which remains unaffected by the ongoing discount. Discount on PlayStation 5 The discount specifically applies to the disc […]