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ELECTRONIC APPLIANCES PRICE HIKE
Costly Diwali: Appliance makers set to serve up another price shockLeading manufacturers such as LG, Samsung, and Daikin are raising prices of consumer appliances by 5-10%. This increase is attributed to ri...
India’s consumer durables market may reach Rs 3.25 lakh crore by 2030: BCG-CII reportIndia's consumer durables market is anticipated to achieve substantial growth, reaching Rs 3-3.25 lakh crore by 2030. Increased household p...
Festive shopping gets costlier as brands plan to hike AC, TV and appliance prices from October 1Consumer electronics and appliance manufacturers in India will increase prices of products by 5-8% starting October 1. The rise in prices i...
Govt starts consultation to develop indigenous chips, modules for power gridsAccording to details shared by MeitY on its website, the initiative aims to build domestic capability across the power semiconductor value ...
VCs work up an appetite for new-age kitchen startupsInvestors say kitchen brands are witnessing the premiumisation trend seen in categories such as beauty, mattresses, furniture, and home app...
India’s big upgrade wave: Rs 1 crore+ homes, premium cars, Swiss watches & pricier phonesPremiumisation trend is spreading beyond affluent urban consumers, with households upgrading across homes, cars, travel, smartphones, appli...
Whirlpool of India stock soars 20% to hit upper circuit on promoter stake sale buzzWhirlpool of India shares surged 20% to hit the upper circuit at Rs 865.35 after reports indicated promoter Whirlpool Mauritius may sell it...
India probes LG, Samsung over alleged tariff evasion on imported OLED TV partsIndia is investigating LG Electronics and Samsung for allegedly paying lower tariffs on imported display parts of high-end TVs, five source...
Weak core show takes a big toll on Samsung India as net profit plunges 36% to ₹7,228 cr in FY26Samsung India reported a 36% drop in net profit driven by declining smartphone sales and increased costs. Revenue from operations experienc...
Samsung India profit falls 36 pc to 7,228 cr in FY26; revenue up 1.2 pcSamsung India Electronics’ profit fell 36% to Rs 7,228.1 crore in FY26 even as revenue from operations edged up 1.2% to about Rs 1.12 lakh ...
Psychology says people who keep postponing appliance maintenance may be falling into a predictable mental trapPutting off an AC service does not reveal someone’s personality on its own. The delay may have a straightforward explanation: servicing cou...
Amazon Great Indian Festival 2026: Dates, bank offers, discounts, EMI options, Prime benefits, and top deals on productsAmazon's Great Indian Festival 2026 will begin on October 8. Customers will receive a 10% instant discount on SBI cards. Prime members can ...
Bangladesh raises fuel prices by up to 17% amid global oil price surgeBangladesh has raised fuel prices by up to seventeen percent. This move piles fresh pressure on consumers and businesses already struggling...
India's semiconductor push targets chips for cars, TVs, power infra: VaishnawThe minister's vision comes as India steps up efforts to establish a larger presence in the global semiconductor value chain, with the gove...
India’s young consumers are giving Samsung’s AI appliance bet a big boostSamsung sees significant AI appliance growth in India, driven by younger consumers. Connected Samsung appliances in India saw a nearly nine...
GST cuts, lower prices put dishwashers on Indian kitchen mapsDishwasher sales are rapidly growing in India after recent GST rate reductions. Manufacturers have adapted machines for Indian cooking, boo...
Checkout financing may get festive boost as electronics turn costlierProducts such as mobile phones, laptops and consumer durables have become costlier, partly due to an AI-driven rise in memory chip costs. W...
Quick delivery platforms hike festive ad rates 35% as sales seen doublingThe increase comes at a time when advertisers increasingly use quick-commerce platforms to reach consumers closer to the point of purchase,...
India’s festive demand hits 5-year high: From cars and ACs to TVs, apparel and quick commerce, retailers expect a bumper Navratri-Diwali seasonConsumer demand in India has reached a five-year high during the initial festive period, with sales growth recorded across home appliances,...
Brands turn to localisation, product cuts to protect festive marginsBrands are trying to protect festive-season demand from rising input costs by increasing localisation, using alternative materials, simplif...