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Increasing import from China putting a dent on industry

Ludhiana: Infuriated over cheap imports from China that are ruining local cycle industry, having strongest base in the country, cycle manufacturers have demanded that import duty should be increased as every month 1.5 lakh hi- end bicycle is coming from China. Cycle industry has been raising the issue of goods being sent on under billing

Declining iPhone sales make dent in Apple profits

San Francisco, Oct 26 (IANS) Marking the third straight quarter of declining iPhone sales, Apple has posted quarterly revenues of $46.9 billion and quarterly net income of $9 billion — down nearly 9 per cent from revenue of $51.5 billion and net income of $11.1 billion in the year-ago quarter. Announcing the results for the