INR sees modest gains, US dollar index holds around one-week high
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Hans India
2 minutes ago
- Hans India
Vivo Maintains Lead Amid Steady Growth in India's Smartphone Market
Vivo India smartphone market sold 70 million mobiles in the initial half-year of 2025 with the market experiencing a tiny 0.9 percent Vivo sales growth India year-over-year (year-over-year). The second quarter saw an increase of 7.3 percent YoY, delivering 37 million phones, as reported by International Data Corporation (IDC). Vivo dominates Indian market in the Indian smartphone market 2025 in the six straight quarter, with 19% Vivo market share India in the second quarter of 2025. then Samsung growing by 21 percent. Oppo came in third. None of them had the fastest increase in YoY of 84.9 percent. Xiaomi dropped 23.5 percent to drop to fifth while Realme has conceded 17.8 percent to finish fourth. OnePlus fell 39.4 percent YoY and is at number 10 in the rankings. Apple registered good growth in Q1 2025, as shipments increased 21.5% year-on-year to 5.9 million units. The iPhone 16 was the most-shipped model in India in the first half of 2025, accounting for 4% of all shipments in the country. The company claimed seventh place in Q2 2025 with a market share of 7.5%. Although the market has recovered from a slump of two quarters however, a slowing of consumer demand and increasing cost of sales (ASPs) are likely to slow the mobile sales India trends according to the research firm. The ASPs reached an all-time high of $275 (nearly the equivalent of Rs24,000) in the 2Q25 quarter, and have increased by 10.8 percent YoY. The entry-level (sub-$100) has seen a dramatic increase of 22.9 percentage YoY to 16 percent share, compared to 14% in the previous year. Xiaomi was the top player in this segment with its budget Redmi A4 and A5 devices. The volume of deliveries towards the price ($100<$200) segment increased by 1.1 percent YoY, while share fell from 44 percent to 42%. Vivo, Oppo and Realme remain dominant in the segment (together making up 60% of the market).
Time of India
17 minutes ago
- Time of India
Telangana sees sharp rise in number of high-income taxpayers in last five years
1 2 3 4 Hyderabad: Be it the pandemic or layoffs across industries, nothing seems to have slowed the growth of employees in Telangana, as the number of individuals earning over Rs 25 lakh per annum increased by over 140% in the last five years, records show. While the total number of ITRs declaring a total income between Rs 25 lakh and Rs 50 lakh stood at 25,216 during the assessment year (AY) 2020-21, the figure shot up to 60,830 in AY 2024-25. In fact, the state saw a steady increase in the last five years when it comes to people earning over Rs 25 lakh per annum (LPA). "For me, the pandemic came as a boon. From hardly Rs 10 LPA, my package increased to over Rs 25 lakh as I switched jobs four times in five years," said Sai K, a software professional. You Can Also Check: Hyderabad AQI | Weather in Hyderabad | Bank Holidays in Hyderabad | Public Holidays in Hyderabad | Gold Rates Today in Hyderabad | Silver Rates Today in Hyderabad Giving a peek into the trend, Jitender Reddy, a senior service delivery manager at an IT firm, said that people earning between Rs 2 lakh and Rs 5 lakh and Rs 5 lakh and Rs 8 lakh benefited the most. "This comes as no surprise as many IT employees switched companies during the pandemic with at least a 30% hike. With year-on-year hikes afterwards, their package would easily cross the Rs 25 lakh mark," he added. A few pointed out that there are quite a few who moonlighted during Covid-19 as they were working remotely and added that they are continuing to file inflated returns to ensure that there is no mismatch in their income in the last few years. Along with IT professionals, people from other sectors such as pharma also received good hikes in the last few years. An increase in risk appetite post-pandemic, awareness about investment opportunities, and an increase in real estate prices, among others, are also attributed as other factors that contributed to the increase in the income of individuals. "Definitely, real estate would be a factor that contributed to the increase in income. Also, many are starting their own businesses as they are willing to take risks and are running successful businesses. This could be because of an increase in risk appetite and also an increase in the number of districts," said K Laxminarayana, an economics professor, adding that those in the health and education sectors have also started earning good money in the last few years. As per the data tabled in Lok Sabha, the increase was about 100% in the same category as the ITR filers in the said bracket increased from 4,03,363 in 2020 to 8,42,147 in 2025 across the country. Stay updated with the latest local news from your city on Times of India (TOI). Check upcoming bank holidays , public holidays , and current gold rates and silver prices in your area.
Time of India
17 minutes ago
- Time of India
Ahmedabad spacetech firm joins consortium for indigenous satellites
1 2 Ahmedabad: India's first fully indigenous commercial earth observation (EO) satellite constellation is taking shape, and Ahmedabad is playing a starring role. PierSight Space, a spacetech firm from the city, has joined a four-member private consortium selected by Indian National Space Promotion and Authorisation Centre (IN-SPACe), under the department of space, to build and operate the network. The Rs 1,200 crore project, under a pioneering public-private partnership (EO-PPP) model, will deploy 12 satellites equipped with synthetic aperture radar (SAR) for round-the-clock imaging in all weather. The consortium is led by PixxelSpace India and also includes Satsure Analytics India and Dhruva Space. Officials of IN-SPACe, headquartered in Ahmedabad, said that for the first time in India's space history, a private grouping will fund, design, build, and operate such a system, with the constellation expected to be launched over the next five years. The resulting EO data will serve critical sectors including climate change monitoring, disaster management, agriculture, infrastructure, marine surveillance, national security, and urban planning, said experts. Gaurav Seth, co-founder and CEO of PierSight, said their primary task will be to develop SAR technology, which allows Earth observation round the clock, in all weather conditions. "This programme ensures that India's critical sectors will no longer have to wait for foreign data or compromise on timelines. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Your Finger Shape Says a Lot About Your Personality, Read Now Tips and Tricks Undo Our constellation will put sovereign EO capabilities into the hands of Indian decision-makers, ensuring security, speed, and self-sufficiency," he said. You Can Also Check: Ahmedabad AQI | Weather in Ahmedabad | Bank Holidays in Ahmedabad | Public Holidays in Ahmedabad | Gold Rates Today in Ahmedabad | Silver Rates Today in Ahmedabad Vinit Bansal, PierSight's co-founder and CTO, added that the mission goes beyond capturing images. "The real game-changer will be the context built over time, enabling insights that can drive both public and private sector decisions." Experts point to real-world applications such as mapping flood zones and detecting landslides after a cloudburst, like the recent one in Uttarakhand, or monitoring crops during the monsoon when cloud cover hampers optical satellites. SAR data can also support industries such as mining, infrastructure, and logistics, giving both govt and business stakeholders more accurate and timely intelligence. Stay updated with the latest local news from your city on Times of India (TOI). Check upcoming bank holidays , public holidays , and current gold rates and silver prices in your area.
