SIP inflows hit all-time high of Rs 27,269 cr
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
India Today
27 minutes ago
- India Today
OnePlus 12 price drops to lowest
OnePlus 12 price drops to lowest By Ankita Garg The OnePlus 12 is now available at a lower price on Amazon, making it a solid pick for those who find the new OnePlus 13 a bit expensive. Here's a quick look at the current offer on the OnePlus 12. The OnePlus 12 is listed on Amazon with a starting price tag of Rs 51,997. This is for the 12GB RAM + 256GB storage model. This is down from its original launch price of Rs 64,999. This means that the device is available with a flat discount offer of Rs 13,002. But, the deal doesn't end here. There is also a Rs 4,000 off on ICICI and SBI bank cards, which will reduce the price of the device by a certain margin, making the deal more attractive. This is a limited time period deal, which will expire soon. So, people are advised to take their buying decision a little fast. This is a good offer because we rarely see such a big discount offer on a OnePlus phone, which is about 13 months old. The OnePlus phones are known for offering high-end performance at an affordable price point. Unlike other smartphone companies, OnePlus bundles a fast charger with its flagship and affordable phones as well. For those who want a performance-oriented smartphone with a great screen and decent battery life, this is the best affordable flagship device you can get right now. You can afford to spend more than Rs 60,000, then it is better to buy the new OnePlus 13 smartphone.
Economic Times
an hour ago
- Economic Times
Make (more) in India: India switches to factory settings for niche electronics
TIL Creatives Representative Image Kolkata: After iPhones, smart televisions and microwave ovens, India is now scaling up manufacturing of more niche electronic products such as robotic vacuum cleaners, coffee makers, built-in refrigerators and air fryers, which, till recently, were fully imported. The development, according to industry executives, is driven by the government's expanding list of electronic products whose factories need certification under the quality control orders (QCO) of the Bureau of Indian Standards (BIS) that are meant to control imports from China and other places, as well as promote local production. Most of these specialised products have come under QCO in the past eight to nine months. Till recently, most consumer goods firms argued that the market size for these categories was so small that local production did not make sense. 'BIS norms have been a big trigger, with more and more brands — including premium ones — exploring local production for small appliances despite small market size,' said Atul Lall, managing director of Dixon Technologies. 'It's a nice business opportunity.' Earlier this week, Dixon signed an agreement with Eureka Forbes to manufacture robotic vacuum cleaners, a category with a market size of just about Rs 700 is the largest home-grown electronics contract manufacturer. Europe's Liebherr has set up a plant for built-in customised refrigerators in Aurangabad, with production commencing in April, despite domestic annual sales of only 14,000-15,000 Agarwal, India managing director (sales) at Liebherr Appliances, said that implementation of the BIS norms for refrigerators from this year served as a wake-up call to set up a factory locally, further aided by the premiumisation wave. 'We were importing from Germany but getting the factory certified is a tedious process. We also believe the market will grow to 1 lakh units in five years. So a local plant made a business case and will reduce import lead time,' he Greaves Consumer Electricals' annual report said it will prioritise local sourcing this fiscal. Havells India said in its annual report it will further support localisation of products to reduce import dependence, from about 8% of its total sourcing in the previous financial year, having scaled it down from around 15% of total sourcing in of QCOs has opened up more attractive categories, according to Ajay Singhania, MD of contract manufacturer Epack Durable, while the business for more mature categories such as mixer grinders has been either flat or growing at a nominal rate of 3-4% annually. The opportunity includes 72 categories, such as air fryers, electric kettles and hair dryers, most of which were earlier fully imported, he said. 'We are taking a lead in localising these categories and meeting the requirements of most of the marquee customers,' he told analysts last firms imported these products in bulk in the past few months before the QCO came into executives said that while the market size may be small for standalone categories, it's altogether a business opportunity of more than Rs 12,000-13,000 crore. To put it in perspective, the market size of air-conditioners alone is more than Rs 40,000 crore and that of smartphones is more than Rs 1.5 lakh crore. Another leading contract manufacturer, PG Electroplast, began small appliance production seven to eight years ago, but had to discontinue it as the opportunity was very small at the time, said its managing director (operations) Vikas Gupta. 'But with the BIS norms, we are now relooking at it as a lot of brands are approaching us,' he said. The government has, over the past few years, expanded the compulsory BIS QCO certification to products such ACs, washing machines, refrigerators, ceiling fans, plugs, switches and cables, and very few overseas factories have received the BIS certification.
Time of India
an hour ago
- Time of India
Crackdown on illegal vendors: 60 CCTV cams to keep watch in prime markets
1 2 Chandigarh: Cracking down on illegal vendors and encroachments on municipal land in the prime markets of the city, the municipal corporation is set to install 60 CCTV cameras in all three prominent markets of the city: Sector 22, Sector 15, and Sector 19. This initiative aims to maintain constant surveillance in these markets. Several illegal vendors operate in these three markets due to their commercial value and high footfall. The authority has identified locations for the cameras and prepared a financial estimate of around Rs 1.23 crore. The MC's enforcement wing has issued over 15,000 challans and recovered Rs 1.61 crore in fines within just six months, from Jan to June this year. The number of challans and the recovery of fines is significant this time, as last year, from Jan 1 to Dec 31, the MC issued a total of 19,473 challans and collected a little over Rs 2 crore in fines. Regular anti-encroachment drives are being held almost every day, with special drives also being carried out in Sector 22, Sector 15, and Sector 19 against illegal vendors and encroachments. Municipal commissioner Amit Kumar is monitoring every drive, while joint municipal commissioner Sumit Sihag leads the drives in the market. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like So sánh mức trượt giá: Hợp đồng tương lai (CFD) Bitcoin vs Ethereum IC Markets Tìm hiểu thêm Undo Sihag even remained present in the markets during the drives to supervise the functioning of the enforcement inspectors and related staff. The MC has also issued orders to give a weekly off to all enforcement employees, including inspectors, on Monday instead of Sunday. "Since weekends, especially Saturday and Sunday, are the main days for the markets when the maximum problem of illegal vending arises, the day off has been changed. Moreover, the duty timings have also been changed from 12 pm to 8 pm to 2 pm to 10 pm, so that maximum vigilance can be maintained during this major footfall period," a senior official told TOI. Also, just a couple of days ago, the MC also started the Street Vendor Mobile App and Vendor Cell Web Portal to promote ease of doing business for the registered street vendors. This digital platform is a step towards empowering street vendors by ensuring convenience, transparency, and timely access to essential services. It aims to streamline vendor-related operations and improve service delivery. INTENSIFYING THE CRACKDOWN MC to install 60 CCTV cameras in Sector 15, 22, and 19 markets Around 15,000 challans issued in six months from January to June 2025 Approximately 1.61 crore revenue collected from January to June 2025 Total vending zones: 48 Total vendors: 10,936 Licence cancelled: 6,902 Active vendors: 4,037 A Decade of Regulation and Resistance In Chandigarh, a comprehensive survey of street vendors was conducted in 2016, resulting in the registration of 10,903 vendors. Based on the findings, the MC allotted designated vending sites to these registered vendors. However, despite the allotment, many vendors did not relocate to the permitted sites. The vending sites were allotted for a period of five years, with vendors required to pay a monthly licence fee. The regulation of street vending in the city is governed by a structured policy framework, which includes the Street Vendors (Protection of Livelihood and Regulation of Street Vending) Act, 2014, followed by the Union Territory of Chandigarh Street Vendors Rules, 2015, along with subsequent amendments and notifications. These regulations also cover the functioning of the Town Vending Committee (TVC), which plays a key role in overseeing the implementation of street vending norms and ensuring compliance with the legal framework.
