Anthony Albanese has described the arrest of the former Prince Andrew as an “extraordinary fall from grace.”

In an interview with The Guardian’s “Australian Politics” podcast, the Australian Prime Minister also shared his thoughts about whether the arrest will lead to another republic referendum.

Albanese Comments on Andrew Mountbatten-Windsor’s Arrest

According to The Guardian, Albanese called the allegations against Andrew Mountbatten-Windsor “very serious.”

The former prince has been accused of sharing confidential information with Jeffrey Epstein during his time as a trade envoy for the British government.

“These are very serious allegations, and because they will be, no doubt, the subject of court action, I’m limited in what I can say,” Albanese said.

The prime minister noted, “But people will be following the detail here. This appears to be about [classified] documents, and whether they were inappropriately forwarded on to someone who wasn’t eligible.”

“But, of course, there’s the bigger issue as well when it comes to Andrew Mountbatten-Windsor,” he added. “No doubt, we will wait and see where this all goes.”

Albanese also reveals that the government is not planning another republic referendum amid the controversy surrounding the royal family.

“I’m a republican but we had a referendum during the last term,” Albanese pointed out. “Referendums are hard to pass in Australia.”

“I have respect for King Charles, I must say, and for Queen Camilla. I have had a good relationship with him,” he went on to explain. “He very much loves Australia. And his visit here, I must say, was a very positive one.”

However, Albanese made sure to emphasize that his comments do not “change the fact I think there should [eventually] be an Australian head of state.”

The Arrest of Andrew Mountbatten-Windsor

Andrew Mountbatten-Windsor was arrested on Thursday, which happened to be his 66th birthday, as he is accused of misconduct in public office.

According to The Independent, the former prince was held in the Aylsham police station, where he was questioned for 11 hours.

Mountbatten-Windsor was photographed leaving the police station as he was released under investigation. He has returned to Sandringham.

Jewellery and Footwear Lead Growth
Gaurav Jogani from JM Financial Institutional Securities in an interview to ET Now highlighted that the jewellery segment drove significant growth, largely due to gold prices rising 65% year-on-year. “Apart from this, the footwear segment was a surprise. Casual premium footwear players grew in the mid-teens, and grocery players also performed well. Apparel had a mixed bag performance due to an early festive season shift and a delayed winter,” he noted.

QSR Players Adjust to Consumer Trends
The quick-service restaurant (QSR) sector continues to stabilize, but growth is largely driven by pricing strategies. Jogani explained, “Most QSR players have started to drive value through discounts and combo offers. While transactions have stabilized, price discounts are leading to lower same-store sales growth.”

Margins and Cost Rationalisation
Margins in the QSR space have been better than expected, aided by cost-cutting measures and rationalization of unnecessary discounts. “Gross margins improved, and cost management led to better than expected margins. We expect this trend to continue into Q4, though sequentially margins may dip as it is a non-seasonal quarter,” Jogani added.

Balancing Discounting and Brand Equity
On the impact of discounting on long-term brand value, Jogani observed, “The intensity of discounting has reduced. Players are now focusing on value combos to drive footfalls. This has helped improve gross margins while sustaining consumer interest.”

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Company Highlights and Sector Outlook
Among discretionary stocks, Titan remains a strong performer, demonstrating robust topline growth despite gold price volatility. “Titan is driving EBITDA growth in a calibrated manner, leading to earnings upgrades,” Jogani said. Footwear brands have shown signs of revival, and the sector may benefit from GST transitions extending to smaller discretionary items.
Valuation Perspectives
Valuations across QSR and discretionary sectors have corrected from historical highs, with downside limited, according to Jogani. “If SSSG growth rates revive, we could see a bottom in valuations and earnings,” he said.Competition and Industry Consolidation
Jogani downplayed the threat from regional cloud kitchens, pointing out consolidation in the sector due to macroeconomic pressures and funding constraints.

Key Metrics to Watch
For the upcoming quarter, same-store sales growth and brand contribution margins will be the primary focus, along with sustained cost rationalization and advertising efficiencies.

Top Picks in the Sector
Highlighting preferred stocks, Jogani identified Titan, Lenskart, Metro Brands, and Vishal Mega Mart in the discretionary space. In QSR, Devyani and Sapphire remain recommended buys.

Samsung’s Galaxy S25, the compact flagship launched just last year, has seen a notable price reduction in India ahead of the highly anticipated Galaxy S26 series unveiling. With the Galaxy Unpacked event scheduled for February 25, 2026, retailers like Flipkart and Amazon are offering attractive discounts, bank offers and exchange bonuses to clear inventory and entice buyers.

The standard Galaxy S25 (12GB RAM + 256GB storage variant) originally launched at Rs 80,999 in India. Recent listings show it now priced at Rs 74,999 on major platforms—a direct drop of Rs 6,000. Additional incentives push the effective price even lower.

On Flipkart, the device is listed at Rs 74,999. Customers using select bank cards, such as Flipkart Axis or SBI cards, can claim an instant discount of up to Rs 3,750, bringing the effective cost to around Rs 71,249. No-cost EMI options start as low as Rs 3,624 per month over 24 months, making the premium smartphone more accessible. Exchange offers provide up to Rs 51,100 off depending on the old device’s brand, model and condition.

Amazon India shows similar promotions, with the 12GB + 256GB model available around Rs 74,999 in some color variants, though select listings reflect deeper cuts to Rs 67,900 after initial discounts of Rs 12,100 or more from launch pricing. Bank offers on certain cards add another Rs 1,500 off, potentially dropping the effective price to Rs 66,500 or lower. Exchange bonuses reach up to Rs 35,950, further enhancing savings for upgraders.

These reductions align with Samsung’s typical strategy before new flagship launches. The Galaxy S26 series, including the S26, S26+ and S26 Ultra, is set for global announcement on February 25, with India availability expected shortly after. Rumors suggest the S26 will feature refinements like enhanced Galaxy AI tools, improved on-device processing via Edge Fusion tech, better low-light photography and privacy-focused displays.

The current Galaxy S25 remains a strong contender with its Qualcomm Snapdragon 8 Elite processor, 50MP triple rear camera system with ProVisual Engine, 4000mAh battery and advanced Galaxy AI features for content creation and editing. It offers a 6.3-inch Dynamic AMOLED 2X display with 120Hz refresh rate, seven years of OS updates and robust build quality.

Analysts note that pre-launch discounts on previous models help Samsung maintain momentum and reduce stockpiles. For buyers not waiting for the S26’s potential upgrades—such as a rumored Snapdragon 8 Elite Gen 5 chipset or expanded AI capabilities—the S25 now represents excellent value in the premium segment.

Other variants see movement too. The Galaxy S25+ (12GB + 256GB) appears around Rs 74,999 to Rs 69,302 on select platforms after coupons and offers, down from its Rs 99,999 launch price. The Galaxy S25 Ultra has seen steeper cuts, with some models dipping below Rs 1,10,000 after discounts and bank offers.

Shoppers should compare platforms for the best combo of base price, bank discounts, EMI and exchange value. Prices fluctuate based on color, storage and ongoing promotions, so checking live listings is recommended. Pre-order perks for the S26 may include double storage upgrades or accessory credits, but current S25 deals provide immediate savings without waiting.

As the February 25 Unpacked event approaches, excitement builds for the S26’s teased content-creation tools and privacy enhancements. For now, the Galaxy S25’s price drop offers a timely opportunity for those seeking flagship performance at a reduced cost.

Apple’s iPhone 18 Pro and iPhone 18 Pro Max are shaping up as significant upgrades over the current generation, with leaks pointing to a variable aperture camera system, the powerful A20 Pro processor on a 2nm process, enhanced connectivity via in-house chips and refinements to the display and design. Analysts and supply chain reports suggest these flagship models will debut in September 2026, maintaining Apple’s traditional fall launch timeline while potentially introducing a split release strategy for the broader iPhone 18 lineup.

The iPhone 18 Pro series remains about seven months from announcement, but details from reliable sources like GF Securities analyst Jeff Pu, Ming-Chi Kuo and others have coalesced around several key improvements. These focus on photography versatility, performance efficiency, battery life and modem independence from Qualcomm.

Display and Design Refinements The iPhone 18 Pro is expected to retain a 6.3-inch display, with the Pro Max at approximately 6.9 inches, using advanced LTPO+ OLED technology for smoother refresh rates up to 120Hz and better power management. A smaller Dynamic Island is widely anticipated, achieved by relocating Face ID’s flood illuminator under the screen. This would create a cleaner front view without altering overall dimensions significantly.

External design changes appear minimal. The rear camera module is rumored to mirror the iPhone 17 Pro’s raised “plateau” with a triangular lens arrangement, avoiding drastic shifts. Some leaks suggest a more unified, polished look without two-tone finishes, potentially in new premium colors like coffee brown, purple or burgundy. The build remains aluminum with improved durability, though one report notes possible added weight or thickness for the Pro Max to accommodate larger internals.

Camera System Upgrades Photography stands out as a major focus. The main 48-megapixel Fusion camera on both Pro models is tipped to introduce a variable aperture mechanism—a first for iPhone. This physical adjustment would let users control light intake dynamically, enhancing low-light performance, depth of field control and creative flexibility similar to DSLR lenses. While smartphone sensor size limits extreme benefits, it promises greater versatility in varied lighting.

Additional rumors include a three-layer stacked image sensor (potentially from Samsung, shifting from Sony) for better noise reduction, dynamic range and responsiveness. Telephoto lenses may see aperture improvements for sharper zoomed shots. The ultra-wide and selfie cameras could also receive boosts, supporting advanced computational photography and Apple Intelligence features.

Processor and Performance Powering the devices will be the A20 Pro chip, fabricated on TSMC’s first-generation 2nm process. This node jump from the A19 Pro’s process is expected to deliver around 15% better performance and 30% improved efficiency through higher transistor density. Advanced packaging, possibly Wafer-Level Multi-Chip Module (WMCM), could integrate RAM closer to the CPU, GPU and Neural Engine for faster on-device AI tasks and extended battery life.

RAM is rumored at 12GB across Pro models, supporting more demanding Apple Intelligence capabilities and multitasking.

Connectivity and Battery Enhancements Apple continues its modem transition with the in-house C2 chip replacing Qualcomm components in the Pro lineup. The C2 promises faster 5G speeds, better efficiency, mmWave support in the U.S. and potential satellite features like expanded messaging or internet. Paired with the N2 wireless chip for Wi-Fi 7 and Bluetooth 6, connectivity should see substantial gains.

Battery capacity is tipped to increase, with the Pro Max potentially reaching 5,100-5,200mAh for up to 40 hours of use. Combined with efficiency improvements from the A20 Pro and optimized iOS, endurance could set new benchmarks.

Launch Timeline and Pricing Expectations Apple traditionally unveils flagships in early September, with pre-orders and availability following shortly after. Reports indicate the iPhone 18 Pro, Pro Max and a new foldable model (possibly iPhone Fold) will launch in fall 2026. The standard iPhone 18 and lower-tier variants may shift to spring 2027 due to manufacturing priorities favoring premium devices.

Pricing rumors suggest stability for base models, with no major hikes expected despite rising component costs. The iPhone 18 Pro could start around $1,099 (or equivalent in other markets), maintaining accessibility while offering meaningful upgrades.

As speculation builds, these features position the iPhone 18 Pro series as a compelling evolution rather than revolution, emphasizing refinement in key areas like imaging and efficiency. With Apple’s focus on on-device AI and ecosystem integration, the 2026 flagships aim to solidify leadership in premium smartphones.