Topic
quarterly
India Post crosses Rs 4,000 crore quarterly revenue for first time; Q1 turnover jumps 22%
India Post's Q1 FY27 revenue crossed Rs 4,000 crore for the first time, reaching Rs 4,008 crore, a 22.2% increase year-on-year. The parcel vertical grew 50%, highlighting strong last-mile delivery demand. The milestone was announced by Union Communications Minister Jyotiraditya Scindia.
India Smartphone Shipments to Fall Over 10% in Q2 as Memory Costs Squeeze Margins
India's smartphone market shipments are set to decline more than 10% year-on-year in Q2 2026, the sharpest drop since Covid, according to IDC. Soaring memory costs have pushed handset prices up 15-18%, squeezing OEM margins and deterring entry-level buyers. Analysts warn of further price increases ahead of the festive season.
Business GCC Commercial Property Index Hits 165 in Q1 CY’26 Amid Stable Pan-India Growth
The Pan-India GCC Commercial Property Rental Index (CPRI) stood at 165 in Q1 CY’26, with a three-year CAGR of 0.9%, signalling stable growth. Hyderabad, Pune, and Bengaluru are top GCC destinations, while Navi Mumbai recorded the highest three-year rental CAGR of 13.4%.