Indian companies plan to invest over $20.5 billion in US: Sergio Gor

IANS | May 6, 2026 10:34 AM

New Delhi, May 6 (IANS) Indian companies have lined up investments worth over $20.5 billion across sectors such as technology, manufacturing and pharmaceuticals in the United States, US Ambassador to India, Sergio Gor, said on Wednesday, describing the momentum as a direct outcome of President Donald Trump's economic leadership.

Memory price surge drags India smartphone market in Q1 amid geopolitical tensions

IANS | May 5, 2026 3:44 PM

New Delhi, May 5 (IANS) India's smartphone market reached its weakest quarterly performance in recent years, with shipments declining 2 per cent (year-on-year) in Q1 2026, driven by a sharp rise in DRAM and NAND flash prices, which pushed up device costs and forced brands to increase pricing — leading price-sensitive consumers to defer upgrades.