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Mumbai (Maharashtra) [India], April 7 (ANI): The domestic equity markets witnessed a highly volatile session on Tuesday, opening in the red amid selling pressure but recovering sharply by the close, supported by gains in IT and metal stocks. The benchmark indices ended the session on a strong note, with the Nifty closing at 23,015.90, up 155.40 points or 0.68 per cent. The BSE Sensex also surged by 509.73 points or 0.69 per cent to settle at 74,616.58. Also Read | Apple Foldable iPhone 'Ultra' ...Read More >
NEW DELHI, - India's exports leapt in November in defiance of U.S. President Donald Trump's steep tariffs, providing fresh leverage in ongoing trade talks with Washington and easing pressure on New Delhi to strike a quick deal. Shipments to the United States rose more than 22% in November from a year earlier, outpacing India's overall export growth of more than 19%, which lifted total goods exports to $38.13 billion, government trade data released on Monday showed. Goods exports were the highe ...Read More >
Apple is ramping up AirPods production in Hyderabad as Foxconn expands its facility, doubles capacity, and adds over 3,000 new jobs, reinforcing India's growing role in Apple's global supply chain. Apple is doubling down on its "Make in India" plans -- this time with its popular AirPods. The tech giant's manufacturing partner, Foxconn Interconnect Technology (FIT), is expanding production at its facility near Hyderabad, marking another big step in Apple's India strategy. The Hyderabad plant, l ...Read More >
Bengaluru - A boardroom shake-up in Indian conglomerate Tata Group in early October threatened to destabilise the tea-to-semiconductors business house, prompting the government to intervene. The government was so worried about the situation at the organisation - which accounts for an estimated 4 per cent of India's gross domestic product - that Home Minister Amit Shah and Finance Minister Nirmala Sitharaman met some of Tata's top leaders in a closed-door meeting in Delhi on Oct 7. The unpreced ...Read More >
NEW DELHI, Oct 15 (Reuters) - Apple is lobbying India's government to modify its income tax law to ensure the company is not taxed for ownership of high-end iPhone machinery it provides to its contract manufacturers, an issue seen as a hurdle to its future expansion, sources say. The push coincides with Apple's growing India presence as it diversifies beyond China. Counterpoint Research says iPhone's share in the Indian market has doubled to 8% since 2022. And while China still accounts for 75% ...Read More >
Rajaa added that Foxconn's India representative Robert Wu had met with Tamil Nadu CM MK Stalin "to reaffirm their deep trust in Tamil Nadu with substantial investment comRmitments". Taiwanese contract manufacturing giant Foxconn has committed ₹15,000 crore in investments, creating 14,000 high-value jobs, Tamil Nadu industries minister TRB Rajaa said in a post on X (formerly Twitter) on Monday. Rajaa said this was the largest-ever engineering jobs commitment for the state and a 'major boost' f ...Read More >
Tamilaga Vettri Kazhagam (TVK) Karur West District Secretary Mathiyazhagan and town functionary Paunraj, who were accused in the Karur stampede case, were released from Central Prison on Thursday, Trichy, after the court refused to extend their judicial custody. Last month, a local court in Karur in Tamil Nadu had sent two TVK functionaries to a 14-day judicial custody till October 14 in connection with the stampede that occurred at party president and actor Vijay's rally on September 27, which ...Read More >
Apple has achieved a record $10 billion in iPhone exports from India in the first six months of the fiscal year, marking a 75% increase. This surge is attributed to expanded production with two new factories and the global rollout of all iPhone models from India at launch. New Delhi: Apple has clocked a record $10 billion (about ₹88,730 crore, current currency conversion) worth of iPhone exports from India in the first six months of this fiscal, up 75% from $5.71 billion in the year-ago period ...Read More >
NEW DELHI, Sept 26 (Reuters) - Taiwan is seeking to double its exports of chips and electronics to India over the next five to seven years as smartphone shipments from the country ramp up thanks to demand from the U.S., the head of the island's main trade body said. India's smartphone exports to the U.S., which are currently exempt from elevated tariffs, jumped nearly 40% from a year earlier to $8.43 billion in the first five months of the fiscal year that started in April, according to industr ...Read More >
New Delhi, Sep 16 (PTI) Apple's iPhone Pro Max 17 in cosmic orange has witnessed a considerable surge in demand, and it has gone out of stock within three days after pre-booking went live for pick up of the devices at the company's official stores in the US and India, as per information shared by company staff. In India, the entire iPhone Pro Max series is not available for pre-order with pick-up option at Apple stores, according to information sourced from the Apple India website. The cosmic ...Read More >
The production-linked incentive (PLI) scheme incentivised the US tech giant to move its manufacturing capabilities into India. Apple has increased production in Tamil Nadu and Karnataka, leveraging the PLI scheme while remaining insulated from potential tariff escalations. India's smartphone exports have crossed Rs 1 lakh crore in value in the first five months of FY26, setting a new record, according to industry estimates. Even amid tariff and trade disputes with the US, India's smartphone ex ...Read More >
Hike, once one of India's most valuable startups with unicorn status, has become the latest casualty of New Delhi's recent real-money gaming ban, with the company -- led by Kavin Bharti Mittal, son of Airtel founder Sunil Bharti Mittal -- now shutting down. On Saturday, Hike founder Mittal (pictured above) said that the startup's U.S. business, which launched nine months ago, was "off to a strong start." But he said scaling it globally would require "a full recap, a reset that is not the best u ...Read More >
New Delhi: India does not expect significant disruption to Foxconn's (2317.TW), opens new tab operations in the country after the iPhone assembler ordered some employees from China to return home over the past few months, a top Indian government official said this week. "Although some of the Chinese workers had to leave because they were asked to return, operations did not really suffer significantly," S. Krishnan, secretary of India's Ministry of Electronics and Information Technology, told re ...Read More >
New Delhi, August 26: Apple's plan to grow its production in India has faced another hurdle. Foxconn Technology Group, one of Apple's main assembly partners, has reportedly pulled back around 300 Chinese engineers from its factory in the country. This is the second time in recent months the company has had to take such a step. To keep operations running, Foxconn is reportedly flying in Taiwanese engineers to fill the gap. As per a report of The Economic Times, Yuzhan Technology, a Foxconn compo ...Read More >
According to multiple sources, Apple plans to increase iPhone production to 60 million units this year from about 35-40 million units in 2024-25. By Prasoon Srivastava New Delhi: Taiwanese electronics giant Foxconn's Bengaluru factory, its second-largest manufacturing unit, has commenced operation with production of iPhone 17 recently at a small scale, sources aware of the development said. Foxconn is the largest manufacturer of iPhones, and the second-biggest facility outside China in Devanah ...Read More >
NEW DELHI - As India and Singapore explore newer areas of cooperation such as nuclear energy and green initiatives, Deputy Prime Minister Gan Kim Yong said the two Asian partners needed to collaborate even more, given the increasingly "volatile landscape" globally. DPM Gan, who was on an official trip to India earlier this week, visited the financial capital Mumbai on Aug 12 to look at Singapore projects. He then led the Singapore delegation at the third edition of the India-Singapore Minister ...Read More >
Mumbai, Aug 4 (PTI) The rupee depreciated 11 paise to 87.29 against the US dollar in early trade on Monday, weighed down by sustained foreign fund outflows and concerns over trade tariffs. Forex traders said the weakness in the dollar index and easing crude oil prices supported the rupee at lower levels. At the interbank foreign exchange market, the rupee opened at 87.21 and fell to an early low of 87.29 against the American currency, registering a decline of 11 paise over its previous close. ...Read More >
New Delhi [India], August 4 (ANI): India is expected to emerge as a significant player in the global semiconductor market, which is expected to reach USD 1 trillion by 2030. In an official statement released on Sunday, the central government highlighted that India's semiconductor market, valued at around USD 38 billion in 2023, is projected to grow to USD 45-50 billion by 2024-2025 and further expand to USD 100-110 billion by the end of the decade. This rapid growth reflects the country's grow ...Read More >
Dehradun (Uttarakhand) [India], August 4 (ANI): In Uttarakhand, the India Meteorological Department (IMD) has issued an orange alert for three days in the districts of Dehradun, Nainital, Champawat, Bageshwar, Pauri Garhwal and Udham Singh Nagar. In view of the alert issued by the IMD, the Dehradun district administration announced the closure of all schools up to Class 12 and Anganwadi centres on August 4, 2025. Also Read | Drug Party Raided in Hyderabad: 6 Techies Arrested for Consuming LSD ...Read More >
New Delhi [India], August 4 (ANI): India is expected to emerge as a significant player in the global semiconductor market, which is expected to reach USD 1 trillion by 2030. In an official statement released on Sunday, the central government highlighted that India semiconductor market, valued at around USD 38 billion in 2023, is projected to grow to USD 45-50 billion by 2024-2025 and further expand to USD 100-110 billion by the end of the decade. This rapid growth reflects the country growing ...Read More >
India's semiconductor market is projected to more than double, reaching $100-110 billion by 2030, up from $45-50 billion in 2024-25. A government statement highlighted the urgency to build secure, diversified chip supply chains amid global reliance on Taiwan. India aims to become a trusted global hub, backed by ₹76,000 crore in incentives and over ₹1.55 lakh crore in industry investments. India's semiconductor market is expected to more than double to grow in the range of USD 100-110 billion ...Read More >
A high-level delegation led by the Secretary, Department for Promotion of Industry and Internal Trade (DPIIT), Amardeep Singh Bhatia, visited the K-tech MeitY Nasscom Centre of Excellence (CoE) for IoT & AI in Bengaluru. A high-level delegation led by the Secretary, Department for Promotion of Industry and Internal Trade (DPIIT), Amardeep Singh Bhatia, visited the K-tech MeitY Nasscom Centre of Excellence (CoE) for IoT & AI in Bengaluru. The visit aimed to engage with startups, explore the inn ...Read More >
New Delhi, Aug 3 (PTI) The government has notified a new framework for the edible oil industry, imposing stricter registration and reporting requirements on producers to enhance transparency and oversight, according to an official release. The 2025 Vegetable Oil Products, Production and Availability (VOPPA) Regulation Order, notified on August 1 by the Ministry of Consumer Affairs, Food and Public Distribution, amends the Vegetable Oil Products Production and Availability (Regulation) Order, 20 ...Read More >
Bengaluru, Aug 3 (SocialNews.XYZ) In a bid to strengthen India's position as a global hub for high-tech manufacturing and innovation, a high-level delegation, led by Department for Promotion of Industry and Internal Trade (DPIIT) Secretary Amardeep Singh Bhatia, visited Bengaluru to engage with startups and review progress on the Tumakuru Industrial Area - one of the flagship projects under the National Industrial Corridor Development Programme (NICDP), an official statement said on Sunday. A C ...Read More >
Lucknow (Uttar Pradesh) [India], August 3 (ANI): Uttar Pradesh Chief Minister Yogi Adityanath is closely monitoring the flood situation in Uttar Pradesh, issuing timely directives to ensure effective relief efforts. Acting on his instructions, state ministers are inspecting affected areas, while Relief Commissioner Bhanu Chandra Goswami informed that floods have impacted 37 tehsils and 402 villages, affecting 84,392 people. Of these, 47,906 have received assistance, and 2,759 animals have been ...Read More >
BENGALURU: The Maharashtra government fears that increase in height of Alamatti reservoir in Bagalkot district of Karnataka from 519.60 meters to 524.256 meters would result in flooding of Sangli, Satara and Kolhapur districts owing to backwaters and there is no need for the Maharashtra government to fear flooding since its own expert committee led by retired Principal Secretary to Irrigation department Nandkumar Wadnekar ruled out flooding from the Almatti and Hipparagi reservoirs, stated Minis ...Read More >
New Delhi: India's transformation from a consumer to a key manufacturer in the global semiconductor value chain, with the chip market targeted to reach 100 to 110 billion dollars by 2030, is being driven by strategic initiatives launched by the government. These include the India Semiconductor Mission, rolled out with an investment of Rs 76,000 crore, the SEMICON India Programme, and global partnerships such as iCET, according to an official statement issued on Sunday. According to industry est ...Read More >
New Delhi, Aug 3 (SocialNews.XYZ) India's transformation from a consumer to a key manufacturer in the global semiconductor value chain, with the chip market targeted to touch $100 to 110 billion by 2030, is being driven by strategic initiatives launched by the government - the India Semiconductor Mission rolled out with an investment of Rs 76,000 crore, the SEMICON India Programme and global partnerships such as iCET, according to an official statement issued on Sunday. According to industry es ...Read More >
New Delhi, July 17: Apple has set a new benchmark in smartphone manufacturing in India, achieving its fastest-ever growth in iPhone production as well as exports during the first half of 2025, the government said on Thursday. The Prime Minister's Office (PMO) took to social media platform X to celebrate the achievement, posting, "Apple harvests record iPhone output from its India orchard," highlighting the country's growing role in global tech manufacturing. According to data by market research ...Read More >
New Delhi, July 17 (SocialNews.XYZ) Apple has set a new benchmark in smartphone manufacturing in India, achieving its fastest-ever growth in iPhone production as well as exports during the first half of 2025, the government said on Thursday. The Prime Minister's Office (PMO) took to social media platform X to celebrate the achievement, posting, "Apple harvests record iPhone output from its India orchard," highlighting the country's growing role in global tech manufacturing. According to data b ...Read More >
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