In TrendsSensex TodayRupee vs DollarGold and Silver PricesAsian StocksiPhone 18 ProIndia gets one of world's steepest iPhone price hikesThe iPhone Air saw the sharpest increase, while India’s prices remain well above US levels due to import duties and GST. The foldable iPhone also carries a roughly $1,100 premium in India compared with the US.By Reuters September 10, 2026, 4:12:19 PM IST (Published)Apple raised prices on its existing iPhone lineup in India by as much as 41% within hours of unveiling newer models, bucking its usual practice of discounting older variants and marking one of the steepest hikes in any market where it has repriced this year.While Apple also raised prices in the US late Wednesday, those increases ranged from 10% to 21%. The hikes followed Apple’s September event, dubbed ’Surprise and Shine,’ where new Chief Executive John Ternus unveiled Apple’s first foldable phone, the iPhone Duo.Apple had previously announced plans to raise iPhone prices globally, citing increasing memory and storage chip costs. A surge in AI-driven demand for data centers has forced consumer electronics companies into a fierce competition for dwindling supplies of the key components, driving up costs.India is one of Apple’s fastest-growing markets and now also assembles a…
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