Auto retail sales hit record in Aug at 2.42 mn units, rise 18%: Fada

Strip Tinning secures £3m government grant for UK expansion

Smartphone prices are increasing due to higher component costs for manufacturers. Several brands like Realme and Samsung have already raised prices on select models. Consumers are becoming more cautious about spending and waiting for discounts. Sales have remained below previous levels, with promotions offering temporary relief.

In early August, Foreign Portfolio Investors poured Rs 12,921 crore into Indian equities, building on their notable investments from July. This surge indicates improved investor sentiment and favorable macroeconomic conditions. Furthermore, foreign investors have displayed interest in India’s debt market, resulting in additional inflows. However, it’s worth noting that despite these recent inflows, they have…