Business News

Business

Apple Shifts iPhone Production to India: A Strategic Move Away from China by 2026

Apple Inc. plans to produce all U.S.-bound iPhones in India by 2026, aiming to diversify its supply chain away from China. This could lead to over 60 million iPhones being made in ...

Business

India's Economic Growth Faces Challenges: Private Investment Stalls Amid US Tariff Threats

India's GDP growth outlook for FY2024-25 is trimmed to 6.3%, impacted by stalled private investment and looming US tariffs. Economists point to structural issues and the need for r...

Business

Infosys Boosts Deep-Tech Ecosystem with Strategic Investment in Yali Capital

Infosys Innovation Fund invests in Yali Capital to expand its deep-tech ecosystem, aiming to cocreate solutions for clients. Yali Capital's Rs 810 crore fund focuses on sectors lik...

Business

Maruti Suzuki Faces a Minor 1% Profit Decline in Q4 Amidst Rising Annual Revenue

Maruti Suzuki India reports a slight 1% decrease in Q4 profit but sees a healthy rise in annual revenue, attributing growth to strong demand and operational efficiency.

Business

RBI's Strategic Gold Reserves Expansion: A 57.5 Tonnes Boost Amid Global Financial Uncertainties

The Reserve Bank of India added 57.5 tonnes to its gold reserves in FY25, the second-highest in seven years, amid global financial uncertainties and a trend of central banks increa...

Business

Amazon Boosts Investment in India's Fintech Battle with a Rs 350 Crore Push into Amazon Pay

Amazon invests Rs 350 crore in Amazon Pay India to compete in the digital payments space dominated by PhonePe and Google Pay, despite a modest market share in UPI transactions. The...

Business

India Considers Major Shift: Opening Up 49% Foreign Investment in Nuclear Power Sector

India is contemplating allowing foreign firms to own up to 49% of nuclear power plants, aiming to expand its nuclear sector and reduce carbon emissions. This could influence intern...

Business

Apple Shifts Gears: Plans to Manufacture All US iPhones in India by 2026 Amid China Tensions

Apple Inc. is planning to manufacture all US-bound iPhones in India by 2026, aiming to diversify its supply chain away from China due to geopolitical tensions. This could lead to o...