Refurbished smartphone companies like Cashify and ControlZ are taking a page from e-commerce giants’ festive strategies by rolling out heavy discounts on their platforms. The goal is to convert as many as 10% of new smartphone buyers into refurbished handset customers this season. Industry trackers also anticipate that these sellers will introduce flash sales and similar e-commerce tactics to directly compete with Amazon and Flipkart in drawing in shoppers.
Fuel Prices May Rise if Middle East Crisis Continues, Warns RBI Governor
Amid rising geopolitical tensions in the Middle East, the Reserve Bank of India (RBI) has indicated that prolonged instability in the region could lead to an increase in fuel prices in India....
