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Business

Apple Shifts iPhone Production to India Amid US-China Trade Tensions, CEO Tim Cook Reveals

Apple CEO Tim Cook announces a strategic shift in iPhone production to India due to US-China trade tensions, with potential $900 million in tariffs. Despite challenges, Apple repor...

Business

India and EU Forge Ahead: Ambitious Plans to Slash Trade and Non-Trade Barriers by 2025

India and the EU are making strides to eliminate trade and non-trade barriers as part of their FTA negotiations, aiming for a 2025 conclusion. Discussions focus on market access, s...

Business

Record-Breaking GST Collections in April Signal Robust Economic Growth and Resilience

GST collections in April reached a record Rs 2,36,716 crore, growing by 12.6%, the fastest in 17 months, driven by a 20% jump in import revenues. Finance Minister Nirmala Sitharama...

Business

Zomato's Profits Plummet by 78% Amidst Surging Expenses in Q4 Financial Report

Zomato's Q4 financial report reveals a 78% drop in net profit to Rs 39 crore, driven by increased expenses from investments in Blinkit, despite a rise in operational revenue to Rs ...

Business

Surge in Gold Loans: A 103% Jump Amid Slowing Credit Growth Signals Shifting Financial Trends

Indians are pledging more gold than ever, with outstanding bank loans against gold more than doubling in a year, even as overall bank credit growth slows. This surge is driven by R...

Business

Indian Auto Market Shakeup: Mahindra and Tata Motors Surge Past Hyundai in April Sales

Hyundai was overtaken by Mahindra & Mahindra and Tata Motors in April's sales, marking a significant shift in the Indian car market rankings. Mahindra's strong SUV lineup and new e...

Business

The Youthful Borrowers: How India's Credit Landscape is Transforming for the Younger Generation

India's credit landscape is witnessing a significant transformation, with younger generations entering the borrowing ecosystem much earlier than before. A study reveals a 21-year d...

Business

India's Services Exports Soar by 14% to a Historic $387.5 Billion Amid Global Demand Surge

India's services exports surged by 14% to a record $387.5 billion, driven by global capability centers and IT services. The RBI highlights significant growth in March exports and r...