Industry Trends

Instagram for TV Launched With Support for Reels, Multiple Accounts on Amazon's Fire TV Devices

Instagram for TV app was launched by Amazon in collaboration with Meta on Tuesday. Currently available in the US, the app can be downloaded via the Amazon AppStore. However, only select Fire TV devices support the new Instagram for TV app. It allows users to watch, like, and share Reels from their TVs. Moreover, multiple accounts can be logged in, allowing individuals to view short-form content based on their interests.

Industry Trends

ICICI Prudential AMC gets first 'buy' call ahead of listing, PL sets Rs 3,000 target

ICICI Prudential AMC has received its first buy rating ahead of listing, with PL Capital setting a Rs 3,000 target, implying 39% upside from the IPO price. The brokerage cites strong parentage, market-leading equity flows, consistent fund performance and superior profitability as key drivers for long-term growth.

Industry Trends

Oil jumps 1.5% as Trump's Venezuela blockade stokes uncertainty

Oil prices rose more than 1% on Wednesday after U.S. President Donald Trump ordered "a total and complete" blockade of all sanctioned oil tankers entering and leaving Venezuela, raising fresh geopolitical tensions at a time of concerns over demand.

Industry Trends

Samsung Expands Its Micro RGB TV Lineup, Brings New Display Sizes Ahead of CES 2026

Samsung has announced that its Micro RGB TV lineup will expand to more screen sizes in 2026. The premium TVs will be available from 55 inches all the way up to 115 inches, making the technology more accessible beyond ultra-large homes. Samsung says the new range will deliver better colour accuracy and contrast, with full details expected at CES 2026.

Industry Trends

Govt notifies Rs 7,280 Cr scheme to boost rare earth magnet production

The Centre has notified a Rs 7,280 crore scheme to promote domestic manufacturing of sintered rare earth permanent magnets. The scheme aims to build an end-to-end value chain, reduce import dependence and support sectors such as EVs, electronics and green energy.