TNI Business News Beat – May 6, 2026

TNI Business News Beat – May 6, 2026

Date:

📌 Smartphone Market Faces Sharp Slowdown in 2026

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India’s smartphone shipments are likely to see a double-digit decline in CY2026, reflecting weak demand and a maturing market.

📌 JLR Slashes Prices Ahead of India–UK Trade Deal

Jaguar Land Rover cuts prices of imported models by up to ₹75 lakh, anticipating benefits from the upcoming India–UK FTA.

📌 L&T Secures Major Coal-to-Chemical Project in Odisha

Larsen & Toubro wins a key order to develop a coal-to-ammonium nitrate project, boosting its industrial portfolio.

📌 Global Uncertainty Puts Pressure on India’s Growth Outlook

Moody’s flags India as relatively resilient, even as oil shocks and global volatility test emerging markets.

📌 Auto Retail Sales Hit Record High in April

India’s automobile sector records its highest-ever April retail sales, signalling strong consumer demand despite global headwinds.

TNI Business News Beat - May 6, 2026

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