Tag Archives: Growth

iPhone Sales in India Rose Over 50 Percent This Year; Apple Banking on Reliance Jio, Middle Class for Future Growth

On the back of its first annual revenue decline in 15 years, Apple is now looking at India – one of its fastest-growing markets – for future growth. CEO Tim Cook said in the company’s fourth-quarter earnings call that it saw a 50 percent growth in iPhone sales in the fiscal year ending September 2016 and sees headroom for more ... Read More »

cellular telephones don’t growth brain cancer hazard: examine

there is no hyperlink between increasing mobile telephone use and brain cancer, claims a new study that found no upward thrust in tumours over 30 years in Australia despite enormous use of the devices. Researchers from university of Sydney examined the association between age and gender-specific prevalence prices of 19,858 men and 14,222 girls identified with brain most cancers in ... Read More »

Lyft Is Gaining on Uber in the US as It Spends Big for Growth

Visit many of America’s top landmarks, and amid the crowds of tourists, you’ll find hip, young people in pink, mustache T-shirts. This small army, spread across 20 of the largest US cities, has been out in full force since late last year, handing out $50 Lyft ride vouchers to anyone passing by. For those who happen to miss the street ... Read More »

Hero MotoCorp Posts 14 per Cent Growth in March

Hero MotoCorp Limited (HMCL), the world’s largest two wheeler manufacturer, sold over six lakh two wheelers (6,06,542) in March 2016, registering a 14 per cent growth over the corresponding month last year when the company had sold 5,31,750 units. In the financial year 2015-16, HMCL sold 66,32,322 two wheelers, as against 66,31,826 two wheelers a year ago. “Closing the financial ... Read More »

Double-Digit Growth in Indian Smartphone Market to Continue: Gartner

While the global smartphone market is set to see a decline this year, India, buoyed by aggressive smartphone launches and a huge consumer base, is likely to witness double-digit growth in 2016 as well as in the next two years, says a new report. According to information technology research and advisory company Gartner, sales of smartphones in India will reach ... Read More »

Global Smartphone Market Growth to Be Lowest Ever in 2016 – Gartner

Global smartphone sales are expected to grow in single digits in percentage terms for the first time ever and PC shipments are forecast to decline in 2016, according to research firm Gartner Inc. Gartner said on Thursday it expected smartphone sales to grow only 7 percent to 1.5 billion units in 2016 from 2015, stunted by flat sales in the ... Read More »

Tough To Achieve Double-digit Growth Given Global Headwinds: Arun Jaitley

New Delhi: Asserting that its “extremely difficult to achieve double-digit growth in the current global environment, Finance Minister Arun Jaitley on Thursday said there is a scope for improvement from the current rate if reforms are carried on. “I don’t claim that it is possible in this global environment to come any where close to double-digit growth. It’s extremely difficult, ... Read More »

IMF Pegs India Economic Growth Rate at 7.5% in 2016-17

India’s economic growth rate should pick up to 7.5 per cent in fiscal year 2016-17, the International Monetary Fund said on Wednesday, aided by a collapse in oil prices and relatively low exposure to current global financial turbulence. Summing up its latest review of Asia’s third-largest economy, the IMF forecasts that economic growth would pick up from 7.3 per cent ... Read More »

Mobile Growth Shaping India’s Internet Usage: Google Survey

With over 200 million mobile Internet users in India, mobile phones captured 60 percent share of all shopping-related queries and over 50 percent share of all travel-related queries, a report released on Thursday said. Even for YouTube, over 60 percent of views were now coming from mobile phones. In the classifieds space, online job listings saw revival with over 41 ... Read More »

US Fourth Quarter Economic Growth Revised Higher

Washington: The US economy got a double dose of good news Friday. Economic growth in the final three months of 2015 didn’t slow as much as previously estimated, and consumers roared back to life in January, spending at the fastest clip in eight months. The Commerce Department said that consumer spending increased 0.5 per cent last month, the best showing ... Read More »