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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 >
Apex exporters body FIEO raises alarm over rising US tariffs. Indian goods face increased duties from August 27, 2025. Textile manufacturers in Tirupur, Noida, and Surat have stopped production. Cost competitiveness is worsening. FIEO urges government support. They seek interest subvention schemes and export credit. Focus is on MSMEs. Diplomatic engagement with the US is crucial. Apex exporters body FIEO on Tuesday expressed serious concerns over high US tariffs on Indian goods and said that te ...Read More >
Surat (Gujarat) [India], August 21: KP Group, a leading name in India's renewable energy sector, is stepping up its expansion with a clear goal of reaching 10 GW capacity by 2030. With projects already underway in Gujarat, the Group is working on projects in Rajasthan, Madhya Pradesh, Odisha, Andhra Pradesh and Maharashtra, supported by a strong order book and government partnerships. KP Group has signed memoranda of understanding with Gujarat, Odisha, Rajasthan and Madhya Pradesh for over 2.6 ...Read More >
New Delhi: Starting August 27, Indian exporters face a tough blow as the US slaps steep 50 percent tariffs on close to $60.2 billion worth of goods, covering two-thirds of India's approximately 86.5 billion exports to America. According to a report of the Global Trade Research Initiative (GTRI) labour-intensive industries like textiles, gems and seafood are bracing for up to a 70 percent collapse in shipments, threatening jobs and livelihoods. The report also suggests that some relief remains, ...Read More >
New Delhi, August 26: The Federation of Indian Export Organisations (FIEO) on Thursday expressed grave concern over the US government's imposition of an additional 25 per cent tariff on Indian-origin goods, raising total duties on many export categories up to 50 per cent, with effect from Friday. FIEO President S.C. Ralhan described the development as a "setback". He said that the duty hike can severely impact India's exports to the US, with approximately 55 per cent of India's US-bound shipment ...Read More >
New Delhi [India], August 22 (ANI): The Ministry of Electronics and Information Technology (MEITY) announced on Friday that the government may unveil two to three small semiconductor projects in the coming period, as the nation's ambitious semiconductor manufacturing program gains momentum. Secretary S Krishnan, responding to queries from ANI, revealed that leftover funds from the India Semiconductor Mission 1.0 could potentially accommodate these additional projects. The government's Rs 76,00 ...Read More >
Bengaluru: Apple Inc is expanding its India presence, having leased several office and retail store spaces across Mumbai and Bengaluru over the last two years, underscoring the country's growing importance as both a consumption hub and manufacturing base for the iPhone maker. According to lease documents reviewed by ET, Apple and its partners have leased or committed to leasing almost a million square feet of prime real estate in marquee business districts and shopping centres since 2023. These ...Read More >
New Delhi [India], August 21: With its glittering launch on August 2, 2025, City of Dreams Sri Lanka redefines luxury tourism in South Asia. This resort not only transforms Colombo skyline but also sets a new benchmark in hospitality, entertainment, and economic promise. Colombo witnessed a historic moment with the launch of City of Dreams Sri Lanka, a landmark development poised to reshape South Asian travel and tourism. Backed by a $1.2 billion investment and a decade of planning the luxury r ...Read More >
New Delhi [India], August 21: With its glittering launch on August 2, 2025, City of Dreams Sri Lanka redefines luxury tourism in South Asia. This resort not only transforms Colombo's skyline but also sets a new benchmark in hospitality, entertainment, and economic promise. Also Read | Is Ryan Reynolds Getting Cancelled? Netizens Flood 'Deadpool' Actor and Wrexham Co-Owner's Aviation American Gin Instagram Post With Angry Comments Amid Blake Lively-Justin Baldoni Legal Drama. Colombo witnessed ...Read More >
VISAKHAPATNAM: The depression over northwest and adjoining west-central Bay of Bengal and north Andhra Pradesh - south Odisha coasts moved north-north-westwards and crossed South Odisha coast close to Gopalpur during early morning of Tuesday and lay cantered over south coastal Odisha. Weatherman said it was likely to move north-westwards across south Odisha and south Chhattisgarh and weaken into a well-marked low-pressure area during next few hours. Under its influence, thunderstorms accompani ...Read More >
Hyderabad: Bandlaguda police rescued a kidnapped labourer and arrested six men within six hours of the crime, exposing a ransom attempt by a gang locally known as the "ganja batch." Police said the victim, Shaik Shahasa Vali of Noorinagar, was returning home when the accused -- Amer, Omer, Amer Ali, Rahman, Imran and Naib of Chintalmet, Rajendranagar -- intercepted him near EWS Colony, Ghousenagar. When he refused to pay the money demanded, the gang dragged him at knife-point into an autoricksh ...Read More >
Investing.com -- India has imposed anti-dumping duty on certain steel shipments from Vietnam, according to a Wednesday notification from the Ministry of Commerce and Industry. The duty targets hot-rolled flat products of alloy or non-alloy steel from the Southeast Asian nation. This action follows a year-long investigation that began in August 2024, which examined potential threats and injury to India's domestic steel sector. "Domestic steel industry has suffered injury as a result of dumped i ...Read More >
A man and his daughter, riding on a bike, got severely injured after a tree fell on them in South Delhi amid rain. The national capital, Delhi, has been witnessing heavy rain since early morning, leading to waterlogging and traffic jams, disrupting lives. According to the CCTV footage, at 9:50 am, an old neem tree uprooted and fell flat on a biker and adjacent vehicles in Delhi's Kalkaji. After waiting for a few seconds, one of the cars that came under the tree managed to drive past the inciden ...Read More >
New Delhi, Aug 14 (PTI) A massive tree in the middle of a Kalkaji road uprooted and fell on vehicles crawling in rain-soaked Delhi on Thursday morning, killing a 50-year-old man while his daughter suffered a pelvic fracture, police said. The incident was captured on CCTV in which the huge tree, inches away from the footpath, can be seen uprooting from the road and falling on unaware commuters. The tree fell on some vehicles, including a motorcycle in which the man and his daughter were travell ...Read More >
VMPL New Delhi [India], August 14: Ellenox, India's largest venture studio, is accelerating its global push in enterprise AI development. In the past year, the company has grown its headcount by 50% over the last year, bringing in senior AI talent from Amazon and Google to power its next phase of expansion. Already delivering AI transformation for Fortune 50 leaders in fintech, cloud computing, consumer social, and sports-tech, Ellenox has built systems that replace costly call centers with na ...Read More >
New Delhi, Aug 14 (PTI) India's import of edible oil fell 16 per cent to 15.48 lakh tonnes in July, mainly due to a fall in shipments of palm oil, both refined and crude, according to industry body SEA. The country imported 15,48,041 tonnes in July this year as against 18,40,062 in the year-ago period. The data does not include imports from Nepal, the Solvent Extractors' Association of India (SEA) said in a statement on Thursday. The industry body said the fall in imports of edible oils in Ju ...Read More >
NEW DELHI: A 50-year-old man died and his daughter was injured on Thursday morning when a tree fell on them while they were riding a motorcycle in southeast Delhi's Kalkaji area amid heavy rainfall in the national capital. According to a senior police officer, around 9:50 am, an old roadside Neem tree suddenly fell in front of HDFC Bank near Paras Chowk, Kalkaji. Two people a motorcycle trapped under it. They have been identified as Sudhir Kumar and his daughter Priya (22). Upon recieving info ...Read More >
New Delhi, Aug 14 (PTI) A massive tree in the middle of a Kalkaji road uprooted and fell on vehicles crawling in rain-soaked Delhi on Thursday morning, killing a 50-year-old man while his daughter is battling for life at a hospital, police said. The incident was captured on CCTV in which the huge tree, inches away from footpath, can be seen uprooting from the road and falling on unaware commuters. The tree fell on some vehicles, including a motorcycle in which the man and his daughter were tra ...Read More >
The rain also affected traffic on key roads -- DND flyway, Ashram, Delhi-Meerut Expressway, Mathura Road, Outer Ring Road in Subroto Park, and Rao Tula Ram Marg -- owing to waterlogging. A 50-year-old man was killed and his daughter injured after a huge tree fell on their motorcycle in Southeast Delhi's Kalkaji during heavy rain on Thursday morning, police said. The incident took place at 9.50 am. "An old roadside Neem tree suddenly fell in front of the HDFC Bank near Paras Chowk in Kalkaji. A ...Read More >
Bengaluru (Karnataka) [India], August 14: The Federation of Indian Chambers of Commerce and Industry (FICCI) and AMPIN Energy Transition, in collaboration with Deloitte & Sumitomo Corporation, successfully concluded its pivotal seminar titled Renewable Energy Transition for Commercial and Industrial Consumers in the Southern Region at Hotel Taj MG Road. The event brought together a diverse group of industry leaders, policymakers, and C&I consumers who discussed the roadmap to achieve 100 RE for ...Read More >
New Delhi, Aug 14 (PTI) A massive tree fell on moving vehicles in Kalkaji area amid incessant rain in Delhi on Thursday morning, critically injuring a 50-year-old man and his daughter who were passing by on a motorcycle, police said. The incident was 0captured on a CCTV footage in which the huge tree, inches away from footpath, can be seen uprooting from the road and falling on unaware commuters. The tree fell some vehicles, including a motorcycle in which the man and his daughter were travell ...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 >
Bengaluru -- In a landmark development for India's power and infrastructure manufacturing landscape, Zetwerk Manufacturing Businesses Pvt Ltd, a digital manufacturing platform, has acquired a controlling stake in KRYFS Power Components Ltd., a market leader in transformer solutions. This strategic move positions Zetwerk at the forefront of India's energy and electrification revolution, combining cutting-edge digital manufacturing with decades of engineering excellence to serve a fast-growing, i ...Read More >
This August, the visit of Philippine President Ferdinand Marcos Jr. to India marked a historic milestone in the relations between the two nations. The President's visit, which took place between August 4-8, was the first such state visit since 2007. On August5, India and the Philippines formally elevated their ties to a Strategic Partnership, backed by a comprehensive bilateral Plan of Action (2025-2029) signed in New Delhi. In all, 13 memoranda and agreements were signed during Marcos Jr.'s v ...Read More >
The outlook for air cargo over the coming months is uncertain, with a dynamic trade environment making it difficult to predict market developments. In a market update, freight forwarder DSV identified two key challenges for the air cargo market: The ending of the US de minimis exemption for China and increased ocean freight capacity via the Suez Canal. DSV explained that as a result of the ending of the de minimis exemption, e-commerce supply chains between China/Hong Kong and the US are shift ...Read More >
Vishal Sikka's early bet on global capability centers (GCCs) is now a reality as more companies insource tech operations in India. This shift challenges Indian IT giants, facing talent and business losses. While offering GCC-as-a-service, they navigate AI challenges and potential tariff risks under a possible Trump administration, impacting both IT firms and GCCs. Some Bengaluru-based doyens may disagree, but as recent events would suggest, Vishal Sikka was probably the most prescient of recent ...Read More >
New Delhi: Delhi govt has decided to set up a single-window system at the district level to handle all permissions and no-objection certificates required for holding Ramlila performances across the city. It has also decided to constitute a special committee to resolve any issue regarding the organisation of the events and ensure that the committees do not face any problem in seeking approvals.The decisions were made at a special meeting held at Raj Niwas under the chairmanship of lieutenant gove ...Read More >
New Delhi | Mumbai: India and China may commence discussions shortly on a trade package covering supplies of critical rare earth magnets, fertilisers and pharmaceuticals, said people with knowledge of the matter. This would signal a thaw in relations with the neighbour amid heightening tensions with the US and the clamour from Indian industry to expedite imports of essential inputs from China. Consultations between representatives of the two countries are likely to take place later this month, ...Read More >
Hyderabad, Aug 12 (UNI) CtrlS Datacentres Ltd, Asia's largest Rated-4 datacenter operator, today announced it has unveiled its first greenfield datacenter in Kolkata, setting a new benchmark for digital infrastructure in eastern India. Located at Bengal Silicon Valley, New Town, the state-of-the-art facility is the region's first Rated-4 datacenter and the opening chapter in CtrlS' ₹2,200 crore commitment to build eastern India's most advanced datacenter ecosystem, the Hyderabad IT company sai ...Read More >
The Indian Ports Bill, 2025, proposes modernizing India's port governance, enhancing trade efficiency, and solidifying India's position as a global maritime leader. The Lok Sabha on Tuesday passed the Indian Ports Bill, 2025, by voice vote amid continued protests by opposition members of Parliament demanding a discussion on the revision of electoral rolls in Bihar. The bill proposes modernizing India's port governance, enhancing trade efficiency, and solidifying India's position as a global ma ...Read More >
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