Business

New Delhi: Global smartphone shipments declined 11 per cent (year-on-year) in the April-June quarter (Q2 2026), reaching the lowest second-quarter levels since 2013, a report showed Monday, as the memory shortage deepened and emerged as the dominant drag on the industry. According to preliminary estimates...

New Delhi: Supreme Court Monday asked the Centre to place before it within two weeks the rules framed under the Bharatiya Vayuyan Adhiniyam, 2024, which is aimed at modernising India's aviation sector. A bench of Justices Vikram Nath and Sandeep Mehta said the rules be...

New Delhi: Retail inflation climbed to 4.38 per cent in June mainly due to costlier food items, pushing the rate of price rise above the Reserve Bank's median target of 4 per cent, according to government data released Monday. This is the first time that...

Mumbai: Benchmark indices Sensex and Nifty ended flat Monday as a sharp rally in crude oil prices due to escalating tensions in West Asia weighed on overall investor sentiment. Resilience in IT and consumer durables stocks, however, helped offset the impact of geopolitical concerns, enabling...

New Delhi: India and Japan at a key bilateral meeting in Tokyo Monday discussed ways to deepen cooperation in emerging domains, including defence industrial collaboration, technological innovation, cyber security, space and other areas of shared strategic interest, officials said. Both sides also expressed satisfaction with...

Mumbai: The rupee depreciated 27 paise to close at 95.65 (provisional) against the US dollar Monday, weighed down by elevated crude oil prices after Iran declared the Strait of Hormuz closed. Forex traders said renewed drone and missile strikes between the US and Iran prompted...

New Delhi: India's exports rose by 15.5 per cent to USD 40.41 billion in June, even as the trade deficit widened to USD 30.43 billion. Imports in June went up by about 31 per cent to USD 70.84 billion. During April-June this fiscal, exports increased...

Bangkok: Oil prices jumped and Asian shares were mostly lower Monday after the US carried out airstrikes and Iran retaliated. The price of Brent crude, the international standard, gained 3.6 per cent to USD 78.76 per barrel, while US benchmark crude added 3.5 per cent...

New Delhi: Meta's reply to the government notice over child sexual abuse material (CSAM) ads on Instagram has been received by Meity and is being examined, IT Secretary S Krishnan said Monday, adding that appropriate action will be taken after examination. The government had issued...

Dubai: United States and Iran each asserted Monday they controlled the Strait of Hormuz after a weekend of attacks stretching across the wider Middle East, further threatening any diplomacy to end the war. The attacks, sparked by Iran striking a container ship Sunday in the...