Thanks to India’s huge population and persisting economic challenges, Bangladesh may have a higher per capita GDP than India in 2020 and also in 2025. Why is Apple selling iPhone 12 mini for around Rs 70,000 in India when it is available for $699 in the USA? It is deeply worrying when a corporate entity such as Tanishq steps back from taking a social stand and bows to commercial considerations. Read for more top stories from the world of business and economy:
IMF estimates that the per capita GDP of India will increase from $1,876 in 2020 to $2,729 in 2025, while Bangladesh’s per capita GDP, $1,887 in 2020, will rise to $2,756 by 2025.
iPhone 12 mini: When it comes to calculating local pricing before the launch, other than country-specific duties and taxes, companies like Apple have to keep a buffer for currency fluctuations as well.
Pre-packs are popular in many countries as an alternative to lengthy insolvency processes as they are faster, cheaper and are done with statutory sanctioning.
Withdrawing the Tanishq ad seems to convey a lack of courage to take a social and moral stand – both of which are not great associations for the brand.
Infosys Q2 results: The Bengaluru-based IT major has raised revenue guidance for the current fiscal to 2-3 per cent in constant currency, from 0-2 per cent earlier.