Online smartphone sales surpass offline figures for the first time in 2022
線上手機銷量於2022年首度超過實體通路銷量
According to reports, sales of smartphones through online retailers like Amazon and Flipkart first surpassed those made through conventional stores in 2022. Since the start of the Covid-19 pandemic, this was the first time that sales channels had been functioning at their usual capacity.
The weak consumer demand had an effect on the offline channels. Shipments to retail establishments in 2022 decreased 15% year over year (YoY). On the other hand, the research said that data from IDC India showed that shipments to online channels decreased 6% YoY but still represented 53% of the market.
Many companies provided discounts and promotions that were only available online, which helped e-commerce businesses increase their sales. Even popular smartphone manufacturers like Oppo, Vivo, and Samsung have introduced new models that are only available for online transactions.
India now 7th largest Lithium resource-rich country in the world
印度成為世界第七大鋰資源國
The Geological Survey of India (GSI) has for the first time confirmed the availability of lithium inferred resources of 5.9 million tonnes in Salal-Haimana area of Reasi in Union Territory (UT) of Jammu & Kashmir. This discovery is of strategic importance and will go a long way towards resolving the lithium shortage because lithium is a crucial component of lithium ion batteries, which are used in electric vehicles and other chargeable devices. India now has the seventh-largest lithium deposit in the world.
As most of the world’s sources of this vital non-ferrous metal are found in the US, Australia, Chile, China, Argentina, and Bolivia, India is currently significantly dependent on imports of lithium. The ongoing war between Russia and Ukraine has recently affected the supply, driving up the price of minerals. Only 26 million tonnes of lithium were treated as reserves, or ready for use globally, out of 98 million tonnes of total lithium resources.
World’s fifth-best accrediting systems are in India: Global Infrastructure Quality Index
全球質量基礎設施指數：世界第五的認可系統在印度
According to the recently announced Global Quality Infrastructure Index (GQII) 2021, India is ranked the fifth best country in the world for its accreditation system. The 184 economies’ infrastructure quality is the basis for the rating. The nation continues to be ranked 10th overall on the GQII index.
A key element of the global trading community is high-quality infrastructure. It offers a range of services, including conformity evaluation and metrology, to support ensuring the reliability and safety of trading partners.
The organization in charge of accreditation in India is called QCI. However, the National Physical Laboratory of the Council of Scientific and Industrial Research is in charge of maintaining the nation’s metrology system while the Bureau of Indian Standards is in charge of producing standards (CSIR–NPL).
The top 25 nations in the globe, according to the research, are primarily found in Asia-Pacific, North America, and Europe. Some of these include India, Australia, Turkey, and Brazil.
Lucknow hosts the first Digital Economy Working Group meeting under India’s G20 presidency
第一場數位經濟工作會議將在印度勒克瑙舉辦
The Ministry of Electronics and Information Technology (MeitY) will hold the first meeting of the Digital Economy Working Group (DWEG) in Lucknow, Uttar Pradesh, from February 13 through February 15, 2023, as part of India’s G20 Presidency.
Abhishek Singh, CEO, NeGD/DIC, Amit Agrawal, Additional Secretary MeitY, Alkesh Kumar Sharma, Secretary MeitY, and Kumar Vineet, Special Secretary, Electronics & Information Technology, Government of Uttar Pradesh, spoke during the meeting.
The DEWG is essential in shaping the global policy discourse in the digital sphere since the global digital economy is estimated to be worth USD 11 trillion and is anticipated to reach USD 23 trillion by 2025.
No objection: Centre on forming an expert panel amid Adani row
受Adani股價暴跌影響，印度中央將成立委員會調查證券監管機制
The Union government and the Securities and Exchange Board of India (SEBI) stated on Monday that they have no objections to the Supreme Court appointing an expert committee to review the current regulatory regime and frameworks in the securities market to safeguard investors from share value collapses like those experienced by the Adani Group following the publication of a report on the conglomerate by a U.S.-based short seller, Hindenburg Research.
However, in order to safeguard the market from disruptions, the Centre and the SEBI pleaded with a three-judge Bench chaired by Chief Justice of India D.Y. Chandrachud to permit them to “suggest” to the court the purpose of the committee and the identities of its members under a sealed cover.
The market regulator, SEBI, which was also represented in court by attorney Pratap Venugopal, stated in a 22-page submission note that it was already looking into the claims made in the Hindenburg report as well as the market activity immediately before and after the report’s publication to find out whether any SEBI regulations had been violated.
No objection to SC setting up panel in Hindenburg-Adani case: Centre, SEBI – The Hindu