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Samsung in rejig mode to boost India play: Company to remove overlapping functions across TV & home appliances unitsSamsung is restructuring its Indian operations to improve profitability in home appliances. This move follows pressure from slowing smartph...- Global Market: China's factory inflation hits four-year high, keeping metals and industrial stocks in focusChina's factory-gate inflation reached its fastest pace in four years during June. Producer prices rose 4.1 percent year-on-year, driven by...
- Rising with pricing: Corporate revenue growth likely held firm in the first quarter, riding out the tempestCorporate India's revenue reached a two-year peak in Q1, propelled by significant price hikes. The domestic market drove growth in key sect...
- India's richer middle class is living a more dollar-linked life while earning in rupeesDollar spending India: The country's expanding middle class now spends more on foreign goods and services. International travel and oversea...
- Consumers adjust to a supply squeezeConsumers are increasing borrowing to afford rising prices on electronics and gadgets. Easy digital credit fuels this demand, but household...
- Global Market: Samsung, SK Hynix rebound as bargain buying offsets AI chip selloff fearsShares of Samsung Electronics and SK Hynix rebounded after an early sell-off as investors bought into the dip, supported by expectations of...
- South Korea's Kospi enters bear market, plunges 20% from peak. What's spooking investors?South Korea's Kospi index entered bear market territory, plunging 20% from its peak. Heavyweight Samsung Electronics saw its share price fa...
- Mid-year ecommerce sales set the stage for upcoming festive seasonAmazon began its 10th Prime Day sale on July 4 this year, which was on till July 6. Flipkart’s GOAT sale started on July 4 and is to last t...
- Consumer loans hit a record in Q1 amid steep rise in electronic goods pricesConsumer financing reached new highs in the June quarter. This surge was fueled by greater financing of electronics and rising prices. Bank...
- Two Trades for Today: A frontline IT stock and a large-cap electronic manufacturer, both for a gain of 7% gainOur technical analysts identify select stocks every trading day that may gain momentum even in volatile markets. Here are the technical cal...
- eClinicalWorks founder's family buys Worli luxury apartment at Rs 2.5 lakh per sq ftRadhi Navani bought a luxury sea-facing apartment in Mumbai for Rs 162.2 crore. This transaction marks one of the country's costliest resid...
- Kospi plunges 8% as AI investors fear rally is overblown; trading halted for 20 minsSouth Korea's Kospi index experienced a significant 8% drop, led by chip stocks. Investors questioned the sustainability of record earnings...
- Global Market Today: Asian stocks slip, Samsung slides after resultsThe MSCI Asia Pacific Index fell 0.3%, with decliners narrowly outnumbering gainers. Technology stocks led the losses, with Samsung falling...
- US service sector growth dips in June; employment rebounds after months of contractionUS services sector activity saw a slight dip in June as the impact of Middle East war-driven order rushes faded. However, employment reboun...
- Urban India spends 1. 6x more on weekends than weekdays: StudyThe weekend shopping rush has become a hallmark of urban Indian life, with discretionary spending nearly doubling as shoppers flock to mall...
- Global Market: Kospi slides after early surge as AI stocks face valuation pressureIndian investors are watching as South Korean stocks reversed early gains due to concerns over high valuations in AI-linked companies. Desp...
- Global Market Today: Shares edge higher in Asia as oil dips, earnings loomAsian markets saw gains as Wall Street futures rose, buoyed by hopes of strong earnings and easing oil prices. Reduced inflation fears have...
- World Cup fails to score for TV makersIndia's television market experienced stagnant sales during the FIFA World Cup, defying traditional expectations of a 15-25% surge. Rising ...
- MiPhi bets on memory products shortage to expand auto, electronics business in IndiaFlash storage maker MiPhi is capitalizing on the global memory chip shortage to secure lucrative deals in India's electronics and automotiv...
- World's three largest memory chipmakers sued in US over DRAM supply shift to AI memoryA class-action lawsuit has been filed in the US against Samsung, SK hynix, and Micron, accusing them of restricting traditional DRAM supply...
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