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Vivo’s shipments dropped 34% to 6.4 million — the sharpest decline among the top five. Repeated price increases disrupted retailers’ inventory planning, while limited supplies of entry-level phones weakened its position. Xiaomi’s traditional appeal of offering more features for the money also came under pressure. Rising component costs forced trade-offs on pricing and memory configurations, with shipments falling 28% to 4.7 million.
The claim was highlighted by cybersecurity monitoring account CyberPulse56 in a post on social media platform X. According to the account, the group purportedly possesses about 3.8 lakh data entries in CSV format and 2,722 pdf documents associated with the country’s largest public sector lender. The allegedly exposed dataset is said to contain customers’ personal information, residential addresses, loan applications, supporting documents and other applicationrelated records.
The Income Tax Department reopened a woman’s assessment for assessment year 2015-16, alleging that she had wrongly claimed a Rs 14.70 lakh deduction under Section 54F of the Income Tax Act. The Assessing Officer denied the deduction on the ground that she owned more than one residential house apart from the new asset, and assessed her income at Rs 16,70,500.
Oil prices have risen due to growing concerns over disruptions in Middle East supplies and threats to shipping routes. Recent attacks on vessels and infrastructure have heightened worries among traders and analysts. While Brent crude futures climbed to $110.10, WTI crude also saw an increase following previous declines. US officials are working with refiners to address rising fuel prices and shortages.
After prolonged negotiations, India and the United States are on the verge of solidifying a crucial trade agreement. US Secretary of State Marco Rubio noted the strategic alignment between the two countries during his visit to India. With a shared sense of optimism, both parties are excited about the latest developments in the Bilateral Trade Agreement discussions.
Jio Platforms IPO: The company has fixed the price band at Rs 1,065 to Rs 1,119 per share. Based on the offer documents, the IPO values the company at around $108 billion. Investors will be able to apply for Jio Platforms shares in lots of 12, or in multiples of 12 shares.