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Huawei set to Unveil Gaming-Centric Honor Play in India on August 6

With 188 per cent growth, Honor was one of the fastest growing brand in India in the second quarter, registering a 3 per cent market share at the fifth place in Q2 2018

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Honor.

Bullish on its performance in India in the second quarter, Huawei sub-brand Honor is set to launch gaming-centric ‘Honor Play’ smartphone in India on August 6.

The device, unveiled in China in June this year, will be an Amazon exclusive, said the listing on the e-commerce platform.

“Honor Play” is one of the first phones to feature the turbo GPU technology for gaming and overall performance. The device has a powerful Kirin 970 CPU accompanied by the new turbo GPU.

The company on July 24 launched “Honor 9N” that comes with notch “Full View” display and 19:9 aspect ratio.

Bullish on its performance in India in the second quarter, Huawei sub-brand Honor is set to launch gaming-centric 'Honor Play' smartphone in India on August 6.
Bullish on its performance in India in the second quarter, Huawei sub-brand Honor is set to launch gaming-centric ‘Honor Play’ smartphone in India on August 6. (IANS)

The phone comes in three storage variants — 3GB RAM +32GB internal storage at Rs 11,999, 4GB RAM +64GB onboard storage at Rs 13,999 and 4GB RAM+128GB internal storage variant at Rs 17,999.

“Honor 9N” will be available on Flipkart from July 31.

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With 188 per cent growth, Honor was one of the fastest growing brand in India in the second quarter, registering a 3 per cent market share at the fifth place in Q2 2018, said Counterpoint Research in its latest report. (IANS)

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India’s Thermal Coal Imports Can Expect 10% Increase this Year

India's 2018 thermal coal imports rose at the fastest pace in four years, adding to India's trade deficit and hurting the valuation of the rupee.

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FILE - A laborer works inside a coal yard on the outskirts of Ahmedabad, India, April 6, 2017. VOA

India’s thermal coal imports could rise by about 10 percent in 2019 due to rail transport problems and other logistical bottlenecks, an executive at the country’s largest coal trader Adani Enterprises said on Tuesday.

Thermal coal imports rose in 2018 after two years of decline, despite moves by Prime Minister Narendra Modi’s government to cut the country’s imports in a bid to reduce the trade deficit.

Rajendra Singh, chief operating officer for coal trading at Adani Enterprises, said thermal coal imports this year could total 174 million-177 million tons.

“We expect a 10 percent increase in imported coal because of an immediate gap in supply from Coal India and power demand and demand from other sectors,” Singh said at the Coaltrans conference.

thermal coal imports, india
Rajendra Singh, chief operating officer for coal trading at Adani Enterprises, said thermal coal imports this year could total 174 million-177 million tons. Pixabay

Coal is among the top five commodities imported by India, and over three-fifths of its thermal coal imports come from Indonesia, while over a fifth is imported from South Africa.

India’s 2018 thermal coal imports rose at the fastest pace in four years, adding to India’s trade deficit and hurting the valuation of the rupee, the worst performing major Asian currency in 2018.

The Adani Group, which handles about a third of India’s imported coal, expects “rail transportation challenges” to lead to a “reasonable rise in imports” until fiscal year 2021 when they will stabilize.

Singh said he expects small and medium scale industries such as the sponge iron industry, tile manufacturers, cement producers and textiles to contribute to higher demand for seaborne coal, adding that an industrial shift from petcoke to coal was fueling higher imports.

 

thermal coal imports, india
Coal is among the top five commodities imported by India, and over three-fifths of its thermal coal imports come from Indonesia, while over a fifth is imported from South Africa. Pixabay

Petcoke, or petroleum coke, is a refinery byproduct which is a dirtier alternative to coal. Its usage has been banned in some parts of the country, and policy flip-flops over its usage have led to a fall in demand for the fuel.

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State-run Coal India Ltd, which accounts for four-fifths of India’s coal production, supplies largely to power plants rather than small and medium-scale industries.

Smaller scale industries have used imported coal in a big way, and while higher coal imports may be bad news for India’s trade deficit, they are a boon for international miners and global commodity merchants. (VOA)