Latest news with #BIS
Phone Arena
2 hours ago
- Phone Arena
Samsung could launch three new phones before Galaxy Z Fold 7 and Z Flip 7
Samsung is rumored to announce its new flagship foldables, Galaxy Z Fold 7 and Galaxy Z Flip 7, on July 9. But before that happens, the South Korean company could launch no less than three other Android smartphones, which are part of three different families: Galaxy A, Galaxy F, and Galaxy M. All three phones have been recently spotted in the database of the Bureau of Indian Standards (BIS), which basically means that it's just a matter of time before they go official. They are listed with their model numbers, not the actual market names: SM-A075F/DS, SM-E075F/DS, and SM-M075F/DS. While there's absolutely no information yet about the Galaxy F07 and Galaxy M07, we have plenty of details about the Galaxy A06, an entry-level smartphone that might not bring too many improvements over its predecessor, Galaxy to previous reports, the Galaxy A07 is a 4G phone that will 6/8GB RAM and 128GB internal storage (expandable up to 1TB via microSD), which is more than decent for a budget-friendly phone. A trio of affordable smartphones have been certified for sale in India | Image credit: XpertPick Just like the Galaxy A06, the upcoming model is said to feature a large 6.7-inch PLS LCD display with HD+ resolution. However, the Galaxy A07 is expected to be powered by a slightly larger 5,500 mAh battery with support for 25W wired charging. In comparison, the Galaxy A06 comes with a smaller 5,000 mAh battery, so that's one worthy far as the camera is concerned, improvements are likely to be minimal. The Galaxy A07 is said to feature a dual camera system, just like the Galaxy A06: 50-megapixel main and 2-megapixel depth sensor. Thankfully, the selfies snapper is expected to receive a boost from 8- to 16-megapixel. Naturally, all three affordable smartphones will ship with Android 15 right out of the box, but they will probably be eligible for several major OS updates and many more security updates. Based on previous history, the Galaxy F07 and M07 could have the same specs as the Galaxy A07. It has become the norm for Samsung to launch the same phone under different names in India, so this might be one of those cases. Secure your connection now at a bargain price! We may earn a commission if you make a purchase This offer is not available in your area.
GSM Arena
14 hours ago
- GSM Arena
Samsung Galaxy A07, F07, and M07 are on the way
Vlad 20 June 2025 Samsung Android Samsung is working on a trio of new entry-level smartphones, the Galaxy A07, F07, and M07. For reference, note that the A06 arrived in August of last year and the A06 5G in February, alongside the F06 5G and the M06 5G. So we may be a ways off from the launch of the A07, M07, and F07. Still, all three of them have now been certified for sale in India by BIS, seemingly in 4G-only iterations based on their model numbers. Unfortunately, the certification doesn't reveal any specs whatsoever, but you probably shouldn't expect major upgrades from the last generation. The Galaxy A06 4G comes with a 6.7-inch 720x1600 LCD screen, the MediaTek Helio G85 SoC, 4/6GB of RAM, 64/128GB of eMMC 5.1 storage, a 50 MP main camera, a 2 MP depth sensor, an 8 MP selfie camera, and a 5,000 mAh battery with support for 25W wired charging. Samsung Galaxy A06 Samsung Galaxy A06 5G Samsung Galaxy F06 5G Samsung Galaxy M06 Via
The Hindu
19 hours ago
- Business
- The Hindu
Domestic industry flags concern of rising Chinese PVC product imports
Infrastructure and agricultural growth in India may have created demand for Polyvinyl Chloride (PVC), mostly used in pipes and agri-based applications but carbide-based PVC imports from China are posing health and environmental hazards as well as damaging the domestic industry, said industry officials. These products, dumped into the Indian market at artificially low prices, contain Residual Vinyl Chloride Monomer (RVCM)—a Group 1 carcinogen—as high as 10ppm, significantly breaching India's permissible norms, they said. The current lack of stringent import quality enforcement risks turning India into a dumping ground for toxic and environmentally hazardous materials, while unfairly disadvantaging domestic manufacturers who meet all safety standards, they added. Unlike domestically-produced PVC, which adheres to the Bureau of Indian Standards (BIS) norms, Chinese imports often bypass these checks, slipping through enforcement gaps in existing Quality Control Orders (QCOs). The result is not just a compromised public health situation but also an erosion of environmental safety. When exposed to sunlight or friction, these low-grade PVC products disintegrate into microplastics—contaminating water sources, soil, and potentially entire food chains, they said. Anupam Kaul, former Director & Head of the National Institute of Training for Standardization, said 'A key issue is the uncertainty created by government by frequently amending enforcement dates of the notified Quality Control Orders.' 'Technical regulations are instruments of law and once notified spur a series of actions by the affected parties - manufacturers, raw material suppliers, organised buyers, test houses, certification agencies. The actions include investments in technology upgrade, infrastructure, materials, skillsets to meet the BIS standards,' he said. 'There is a growing tendency among the regulating ministries including the DCPC, to notify a short lead period (3 to 6 months ) on the first go, and then keep extending its enforcement date depending on the volume of voices raised by the impacted parties, such as the powerful import lobbies,' he added. 'In some cases extensions have stretched by 2 to 3 years. Unlike the Regulations in EU and other countries that evaluate and prescribe an adequate time frame upfront for ensuring compliance (and stay with it), the Indian practice of frequent extensions plays havoc with the supply chains that remain on tenterhooks till the last moment, not knowing whether the next enforcement date is final or will be extended,' he said. 'In several cases, (such as stainless steel utensils, cabinet hinges) the extensions came retrospectively after months. This scenario not only undermines the diligence and efforts of manufacturers (including those overseas) who secure the BIS certifications at high costs, but also presents an unreliable policy regime to the world, defying the principles of ease of doing business,' he added. India's PVC pipe market is projected to grow at 14.2% CAGR, reaching $1.24 billion by 2033. But while demand grows, domestic capacity cannot keep pace, leaving India increasingly reliant on imports—primarily from China, the world's largest PVC exporter. The current lack of stringent import quality enforcement risks turning India into a dumping ground for toxic and environmentally hazardous materials, while unfairly disadvantaging domestic manufacturers who meet all safety standards,' industry officials said.
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Business Standard
20 hours ago
- Business
- Business Standard
Indian money in Swiss banks triples in 2024, reaches nearly ₹37,600 cr
Indian money in Swiss banks jumped more than threefold in 2024 to 3.5 billion Swiss francs (CHF), or approximately ₹37,600 crore, according to annual figures released by the Swiss National Bank (SNB) on Thursday. The sharp increase was mainly due to a significant surge in funds held through local branches and other financial institutions, according to a PTI report. However, funds in customer deposit accounts of Indian clients rose a modest 11 per cent, reaching CHF 346 million (around ₹3,675 crore), making up just one-tenth of total Indian money parked in Swiss banks. This rise comes after a steep 70 per cent fall in Indian-deposited funds in Swiss banks in 2023, which had dropped to a four-year low of CHF 1.04 billion. The current figures are the highest since 2021, when the total had touched a 14-year peak of CHF 3.83 billion. The total of CHF 3,545.54 million, categorised by the SNB as the 'total liabilities' of Swiss banks towards Indian clients at the end of 2023, includes: CHF 346 million in customer deposits (up from CHF 310 million) CHF 3.02 billion held through other banks (up from CHF 427 million) CHF 41 million through fiduciaries or trusts (up from CHF 10 million) CHF 135 million in other financial instruments such as bonds and securities (down from CHF 293 million) These figures are based on official data reported by banks to the SNB. However, they do not reflect the amount of so-called black money and exclude funds held through third-country entities. The highest-ever amount stood at nearly CHF 6.5 billion in 2006. Since then, the figures have generally trended downwards, with a few exceptions in years like 2011, 2013, 2017, 2020, 2021, 2022 and 2023. According to the SNB, the data includes all forms of funds from Indian clients, including individuals, enterprises and banks, along with figures from Swiss bank branches in India and non-deposit liabilities. In contrast, the Bank for International Settlements (BIS) reported a 6 per cent rise in Indian deposits in Swiss banks in 2024, taking the total to $74.8 million (about ₹650 crore). The BIS data is often considered more accurate for measuring individual deposits by Indian citizens. Previously, such BIS-tracked funds fell by 25 per cent in 2023, 18 per cent in 2022 and 8 per cent in 2021. The last significant increase was in 2020, with a 39 per cent rise. In 2007, the amount had peaked at over $2.3 billion. Switzerland's stand on 'black money' Swiss authorities have repeatedly said that funds held by Indian residents in Switzerland should not be automatically viewed as black money. They have assured continued cooperation with India in tackling tax evasion and fraud. An automatic information-sharing agreement on tax matters has been in place between the two countries since 2018. Under this, detailed account data of Indian residents with Swiss institutions is shared annually, starting from September 2019. Switzerland has also shared specific account details in several cases where India has provided preliminary evidence of financial wrongdoing. Hundreds of such exchanges have already taken place. India rises in global ranking Foreign client funds in Swiss banks fell slightly to CHF 977 billion in 2024, from CHF 983 billion the previous year. However, Indian clients held assets worth CHF 1.59 billion at the end of 2023, about 9 per cent higher than the previous year. India moved up in the global rankings to 48th place, from 67th in 2023, though still slightly below its 46th position in 2022. The UK led the list of countries with the highest foreign holdings in Swiss banks at CHF 222 billion, followed by the US (CHF 89 billion) and the West Indies (CHF 68 billion). Other top-ranking countries included Germany, France, Hong Kong, Luxembourg, Singapore, Guernsey and the UAE. Pakistan's funds in Swiss banks declined to CHF 272 million from CHF 286 million, while Bangladesh saw a sharp surge, rising from CHF 18 million to CHF 589 million. As in India, discussions over alleged black money in Swiss banks remain politically sensitive in these countries.
Deccan Herald
a day ago
- Science
- Deccan Herald
Over 91% of toys tested by BIS found compliant with quality norms
The BIS has developed and published Indian Standards for toys that encompass physical, chemical, and electrical safety requirements.
