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Xiaomi Says It Shipped 9.2 Million Smartphones in India Last Quarter

HIGHLIGHTS Xiaomi shipped 9.2 million smartphones in Q3 2017 This is a record for the Chinese company in the country Xiaomi Redmi Note and Redmi 4 are the top selling smartphones Xiaomi has announced that it shipped 9.2 million smartphones, a record number of units, in India in Q3 2017. The announcement was made by Manu Kumar Jain, Vice President Xiaomi and Managing Director Xiaomi India in a tweet. Jain also shared a piece of trivia about Xiaomi smartphones shipments in the country. “We started with a humble beginning of…

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OnePlus 5T Launch Date Is November 16, India Release Set for November 21

OnePlus 5T India sales start on November 21 via a flash sale, followed by open sale on November 28 HIGHLIGHTS OnePlus 5T goes on sale starting November 21 In India, the company will host a flash sale on November 21 The official India sales will begin from November 28 OnePlus 5T launch date has been set as November 16, the company revealed a day after it confirmed that the upcoming handset will be unveiled in New York City. The Chinese brand also confirmed that the OnePlus 5T India release date of the…

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Parents, keep in mind: Less than 20% urban kids in India eat fruits once a day

Only 18% of urban children in grade six to 10 in India eat fruits every day, show the results of a survey, revealing poor eating habits of a vast majority of kids in the country. At 14%, the proportion of children eating protein once a day is even lower, showed the survey by Podar Education Group which runs over 100 schools spread across the country. The survey involved responses from 1,350 parents of children studying in grade six to 10 in India’s metro cities. The results showed that only 35%…

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India replaces China as top retail destination in 2017: Study

India has replaced China as the numero uno retail destination in 2017 as part of the global retail development index, according to industry experts. “India has replaced China this year as the top retail destination as part of the study on global retail development index,” AT Kearney partner Subhendu Roy said on the concluding day of the two-day India Retail Forum 2017. The change in ranking was an outcome of four factors including increased consumer spending, beyond essentials, rising mobile and internet penetration, favourable foreign investment climate and bold action…

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India Inc sees room for more rate cuts by RBI as inflation rises

India Inc said on Monday there is room for further rate cut by the Reserve Bank of India to boost investments from private sector and revive industrial growth, as wholesale inflation rose to 1.88% in July. “Given the trend and outlook for inflation, we see clear space for a more accommodative stance in the monetary policy. This is all the more important given the state of industrial sector where growth is anaemic. “Private sector investments continue to remain weak which is key concern for now. We look forward to a…

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Study: Health costs of pollution in India 8 times of govt’s fuel subsidy

India spent $16.9 billion on oil, gas and coal subsidies in 2013 and 2014 but the health costs to meet the burden of air pollution-linked diseases was eight times more at $140.7 billion, says a report by an European environmental non-profit organisation. The Health and Environment Alliance (HEAL) assessed the spending of seven economically powerful countries on fossil fuel subsidies, and the health costs associated with fossil fuel subsidies. The report, `Hidden Price Tags’, said India can provide 375 million households with solar lamps or train nearly 32,000 extra doctors for rural…

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