SMARTPHONE PRICE HIKE 2023
Euro zone yields nudge higher on US-Iran ceasefire worries
Euro zone bond yields ticked higher on Monday, as concerns grew that the ceasefire between the United States and Iran might not hold, though borrowing costs were still meaningfully below their late-March highs hit before the ceasefire was announced.
India’s truckers brace for first diesel price hike in four years
In the backdrop of impending elections, truck fleet operators across India are seeing storm clouds on the horizon with expected fuel rationing and a steep rise in diesel prices. The flare-up in the Middle East is sending shockwaves through global oil supplies, forcing state refiners to reconsider their strategies amid rising inflation.
Is the RBI fighting the wrong battle? Why rate hikes may not solve India’s current inflation problem
Rising oil prices due to the West Asia conflict have lifted inflation expectations, but underlying demand in India remains weak. Despite market signals pointing to possible rate hikes, historical trends and current macro conditions suggest the RBI may hold off, favouring supportive monetary policy amid fragile growth and supply-driven inflation pressures.
Long-term bonds are cheap now; patient investors may gain big, says Rahul Goswami of Franklin Templeton
Rate cuts are off the table, inflation is creeping up, and the Strait of Hormuz remains a wildcard. In a candid interview with ET Wealth’s Kayezad E. Adajania, Rahul Goswami of Franklin Templeton, sees a clear opportunity in long-dated bonds for investors who can stomach near-term volatility.
Vaishnaw calls 3DGS semiconductor plant foundation in Odisha a 'historic day, says state emerging as IT hub
Odisha is set to become a major center for advanced technology and electronics manufacturing. The foundation for a semiconductor plant has been laid, marking a historic day for the state. This development will boost Odisha's semiconductor ecosystem. Global leaders like Intel and Lockheed Martin are investors. The state is diversifying its industrial base beyond metals and minerals.
DA hike announcement: How salaries of Level 1-18 employees will rise after 2% dearness allowance hike
DA hike for central government employees: A 2% hike in DA will take it from its current rate of 58% to 60%. With this hike, dearness relief (DR) for pensioners has also been increased to 60%. The announcement is for January 2026 and central government employees and pensioners will get arrears from the back date.
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Coming soon: Price hike round 3 in four months for durables
Consumers face another price hike on electronics like ACs, TVs, and smartphones by end April. This marks the third increase in four months. Rising costs of plastics and memory chips are forcing brands to raise prices. Daily essentials like soaps and detergents are also becoming costlier. This trend impacts consumer demand significantly.
India replaces China in US smartphone supply chain, captures 40% share: Report
India has emerged as a key supplier of smartphones to the United States, meeting about 40 per cent of the demand that was earlier fulfilled by China, according to a recent report by McKinsey & Company.
Cement demand to be healthy in Q1FY27E; Likely to hit profitability despite price hikes: Nuvama
Indian cement demand is set for a strong start in the first quarter of FY27. Government infrastructure spending is driving growth. However, rising fuel and packaging costs are a concern. Cement companies are increasing prices to offset these expenses. The sector's performance will depend on the balance between cement prices and production costs.
$499 ‘Made in America’ phone: What happened to Trump sons’ big promise?
Trump Mobile's much-hyped smartphone launch is delayed. Initial promises of a 'Made in America' device at $499 have changed. The phone is now described as 'shaped by American innovation' with no set price or launch date. Despite setbacks, FCC clearance suggests progress. Broader ambitions are indicated by new trademark filings.
Paracetamol may get costlier as Vizag chemists warn 30–40% drug cost surge amid Iran war-led pharma cost shock
The ongoing conflict in Iran is impacting India's healthcare sector. Pharmaceutical distributors warn of significant price increases for essential medicines. Soaring raw material costs, particularly from West Asia, are forcing manufacturers to adjust prices. While current stock remains unaffected, future hikes are expected for generic and essential drugs. The government is taking steps to stabilize costs and ensure availability.
Price hikes, outlook cuts - What airlines are doing as fuel costs surge
Global air travel faces significant disruption due to the Iran war, leading to widespread flight cancellations and suspensions across the Middle East. Major airlines have extended cancellations to key hubs like Dubai, Doha, and Tel Aviv, impacting travel plans through late October for many routes.
India smartphone shipments fall to 6-year low in Q1 amid price hikes: Counterpoint Research
India's smartphone shipments experienced a 3% year-on-year decline in Q1 2026, reaching a six-year low due to cost pressures and price hikes. Analysts predict further declines, with Vivo leading the market share. Google emerged as the fastest-growing premium brand, boosted by AI features.
DA hike delay: NC-JCM seeks cabinet secretary's intervention for dearness allowance announcement
While the NC-JCM reached out to the cabinet secretary, one of its affiliated bodies, the Confederation of Central Govt. Employees & Workers, organised a nationwide lunch-hour protest on Thursday (April 16, 2026) to voice their frustration over the delay in announcing the DA hike. The confederation also wrote a similar letter to the cabinet secretary on April 14, 2026.
Mehul Telecom IPO opens for subscription. Check GMP, price band, and other details
Mehul Telecom's SME IPO is now open, seeking growth capital with a modest grey market premium suggesting a slight listing gain. The Rs 28 crore issue, priced at Rs 96-98, aims to boost working capital and general corporate needs.
Volvo Car India to recalibrate prices by up to Rs 1 lakh from May 1
In a move reflecting global economic trends, Volvo Car will implement a price increase of up to Rs 1 lakh for its vehicles in India effective May 1. The company cites international supply chain disruptions and currency variations as driving factors. If the economic climate doesn't improve, further hikes could follow.
Visiting Japan this year? Here are the new costs you should know about
Japan's travel costs are rising in 2026 due to new taxes and price hikes across accommodation, transport, and departure fees. Kyoto and other regions are implementing lodging taxes, while the international departure tax will triple. Rail pass prices are also increasing, with potential visa fee hikes under consideration.
Iran war: HUL hikes prices of Dove, Pears, Surf, Red Label
Hindustan Unilever Limited has increased prices for its soap products. This move is a response to escalating costs of raw materials and packaging. The price hikes, ranging from Re 1 to Rs 20, are being passed on to consumers. This development could potentially delay a much-needed revival in consumer demand. FMCG companies were hoping for a boost from GST cuts.
DA hike delay: Central government employee body to hold protest over dearness allowance delay
In a letter to the Cabinet Secretary of India, the Confederation of Central Govt. Employees & Workers (CCGEW) writes that its affiliated organisations will hold a lunch hour protest at all work places on April 16, 2026. The government last announced the DA hike in October 2025, which was for July 2025. While central government employees and pensioners have got their arrears for that hike, their wait for the January 2026 DA hike is still not over.
US lawmaker demands FIFA pay World Cup transport bill amid ticket hikes
A top US lawmaker called on FIFA to pay for World Cup public transportation costs on Tuesday following a report that local authorities in New Jersey are planning massive price hikes during the tournament. Schumer was responding to a report in The Athletic on Tuesday which said New Jersey Transit is planning to charge fans more than $100 for tickets from Penn Station in Manhattan to MetLife Stadium in New Jersey during the World Cup.
Tata invests ₹1,500 crore more to charge up iPhone biz
Tata Group has infused ₹1,500 crore into Tata Electronics to scale up its iPhone manufacturing business, alongside plans for further investments. The group has also increased capital in its Pegatron India unit. Analysts say the move reflects long-term capacity expansion, as Tata strengthens its role in Apple supply chains and pushes into semiconductors.
Iran war impact: Essential drugs may cost up to 5% more, for now
The immediate net consumer impact could be 3-5% higher prices, or roughly similar to what consumers paid before the late-September cuts in GST rates. The industry expects the price increase to be in place for 3-4 months, with a rollback option once input costs stabilise.
Vivo X300 Ultra, X300 FE expected to launch in India in May, check probable camera features and more
Vivo is set to launch its premium X300 Ultra smartphone in India on May 7, boasting a groundbreaking dual 200MP camera system with impressive zoom capabilities. This flagship device, featuring a 7,000mAh battery and a 144Hz 2K display powered by the Snapdragon 8 Elite Gen 5, aims to dominate the ultra-premium segment, especially for photography enthusiasts.
ITC, paints, QSR: Abneesh Roy on what you should buy and avoid right now
Consumer sector outlook for FY27 faces challenges from cigarette tax hikes and crude oil shocks. Abneesh Roy of Nuvama Institutional Equities highlights opportunities in Nestle, Marico, Tata Consumer, Titan, Avenue Supermart, and VMart. Quick service restaurants are advised to approach with caution due to rising costs and market fragmentation. Investors should focus on companies with pricing power and earnings visibility.
Brands focus on leaner product lines amid surging input costs
Companies are reducing product choices to manage rising costs. This strategy focuses on popular, profitable items. Smartphone and TV makers are cutting model numbers. FMCG firms are also streamlining packaging. This aims to improve efficiency and maintain competitiveness amid global supply challenges and increased component prices. The trend is expected to continue.
Apple sails through market slump, claims top spot
Apple has topped global smartphone shipments for the first quarter of 2026. The company saw a 5% growth year-on-year. Overall smartphone shipments declined by 6%. This drop was attributed to memory component shortages and Middle East tensions affecting consumer sentiment. Apple's strong performance in China contributed to its market leadership.
DA hike delay: Will government skip it or just postpone it? Experts weigh in
Central government employees are eagerly awaiting their dearness allowance hike. The announcement, usually made earlier, is now delayed. Experts suggest this is due to administrative transitions and the upcoming 8th Pay Commission. Employees will receive arrears from January 1, 2026, regardless of the announcement date. The government is expected to issue the official order soon, possibly by mid-April.
DA hike delay sparks concern: Employees’ bodies urge FM Sitharaman for quick announcement
SB Yadav, secretary general, Confederation of Central Govt Employees & Workers, in a letter dated April 8, 2026, wrote to the Finance Minister to step in announce the dearness allowance (DA) and dearness relief (DR) for employees and pensioners, respectively. The confederation wrote that the delay in announcement is triggering severe discontent and apprehensions amongst employees and pensioners
India’s OTT market expands to 1.45 billion monthly active users driven by data, smartphones
India's streaming market is booming. Mobile data and smartphones are driving growth. YouTube leads with the most users. JioHotstar follows closely. Netflix is now ahead of Amazon Prime Video. ZEE5 focuses on subscriptions and local content. This strategy is boosting revenue and profitability for ZEE5.
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