India News

The Complex Challenge: Why Apple's Shift of iPhone Production from India to the US Faces Major Hurdles

Apple faces significant challenges in moving iPhone production from India to the US, as highlighted by President Trump's recent comments. The company's deep supply chain in China a...

India Urges IMF to Rethink Pakistan Loan Over Terrorism Funding Concerns

Defence Minister Rajnath Singh urges IMF to reconsider its loan to Pakistan, fearing funds may finance terror. India highlights Pakistan's military influence in economic affairs as...

Shapoorji Pallonji Group Set to Seal a Groundbreaking $3.4 Billion Private Credit Deal in India

Shapoorji Pallonji Group is close to finalizing a $3.4 billion private credit deal, the largest in India's history, with significant investments from major global firms and Deutsch...

India's WPI Inflation Hits 13-Month Low at 0.9%, Sparking Rate Cut Speculations

India's wholesale price inflation dropped to a 13-month low of 0.9% in April, driven by lower food, fuel, and manufactured product prices, raising hopes for an RBI rate cut in June...

India Advances in Semiconductor Industry with Cabinet Approval for 6th Unit in Jewar

The Union Cabinet approves India's sixth semiconductor manufacturing unit in Jewar, Uttar Pradesh, a joint venture by HCL Group and Foxconn, aiming to boost the local tech industry...

India Breaks New Ground in Semiconductor Innovation with First-Ever 3nm Chip Design

India marks a significant milestone in semiconductor innovation with the inauguration of two advanced design centres by Renesas Electronics, stepping into 3nm chip development. Thi...

Surge in Tech Startup Mergers: 45 Deals in Q1 Mark Highest in Two Years

India's tech startup ecosystem saw a 61% increase in M&A deals in the March quarter, with 45 transactions, the highest in two years. Median acquisition prices rose to $16.7 million...

India Launches Ambitious 20,000 Crore Scheme to Revolutionize Domestic Shipbuilding Industry

The Indian government is set to launch a Rs 20,000 crore scheme to enhance domestic shipbuilding, including four new hubs, to meet growing demand and reduce reliance on imports. St...

April 2025 Sees Retail Inflation Drop to 3.16%, Marking the Lowest Rate Since July 2019

In April 2025, India's retail inflation dropped to 3.16%, the lowest since July 2019, driven by decreased prices in essential categories. Food inflation also saw a significant redu...

Antfin Sells 4% Stake in Paytm for Rs 2.1k Crore: A Strategic Move in India's Digital Payment Sector

Antfin is selling a 4% stake in Paytm for Rs 2,070 crore, part of a larger trend of stake sales in companies like Paytm, Aether Industries, and KFin Technologies, aiming to raise R...

Reliance Power's Subsidiary Wins Groundbreaking 350 MW Solar-Battery Storage Project in India

Reliance NU Energies, a subsidiary of Reliance Power, has secured a 350 MW solar power project with battery storage from SJVN at Rs 3.33 per unit, marking a significant step in Ind...

Global Pharma Giants May Hike Drug Prices in India Amid US Price Cuts, Warns GTRI

The Global Trade Research Initiative warns that US drug price cuts could lead global pharmaceutical companies to increase prices in India, affecting the country's vital role in pro...

Vedanta Expands Critical Minerals Hunt in India to Fuel Global Clean Energy Revolution

Vedanta Ltd is intensifying its search for critical minerals in six Indian states to support the clean energy sector. With recent auction wins and expansions in zinc and aluminium ...

Porter Achieves Unicorn Status in 2025 with a $200 Million Fundraise, Pioneering India's Logistics Revolution

Porter, an on-demand logistics platform, has become India's second unicorn of 2025 with a $200 million fundraise, achieving a valuation of $1.1-$1.2 billion. The company plans to e...

India Welcomes Elon Musk's Starlink with Letter of Intent for Revolutionary Satcom Services

Elon Musk's Starlink has been issued a Letter of Intent by the Indian government for satellite internet services, leveraging a low earth orbit network for high-speed connectivity. ...

Apple Expands India Manufacturing: Jabil to Open Second Facility for AirPods Components Amid Global Shift

Jabil, Apple's AirPods enclosures supplier, plans to open a second facility in Tamil Nadu, India, to ramp up production. This move is part of Apple's strategy to reduce reliance on...

India Emerges as Apple's Key iPhone Manufacturing Hub for the US Market: A Strategic Shift

India is becoming a key manufacturing hub for Apple, with plans to produce all iPhones for the US market locally. This shift underscores India's growing appeal to global tech giant...

Samsung Challenges $520 Million Tax Demand in India, Citing Reliance's Import Policy

Samsung is contesting a $520 million tax demand in India, arguing that officials were aware of the import classification practice due to Reliance Jio's similar past imports. The ca...

Shocking Move: India Cuts Short KV Subramanian's IMF Tenure Amid Data Dispute

The Indian government has unexpectedly terminated KV Subramanian's tenure as IMF executive director six months early, amid disputes over data accuracy and ahead of crucial IMF deci...

Reliance Power Secures Historic 1.4 GW Solar and Storage Project with SECI in India

Reliance Power has secured a 25-year PPA with SECI for a 1.4 GW solar and battery storage project, marking a significant milestone in India's renewable energy sector. The project i...

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...

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...

April Sees a Dip in UPI Payments Across India Due to Unexpected System Outages

In April, India's UPI payments saw a slight decline to 1,789 crore transactions from March's 1,830 crore, amidst system outages. Despite this, daily volumes hit a record, showcasin...

India's Semiconductor Dreams Hit a Snag as Zoho and Adani Pause Multi-Crore Projects

Zoho Corp and Adani Group have paused their semiconductor projects, dealing a setback to India's plans for a domestic chip manufacturing ecosystem. Concerns over technology and fin...

Record-Breaking Year for Real Estate: Over 400,000 Homes Delivered in India's Top Cities with Pune Taking the Lead

The 2024-25 financial year saw a 33% increase in residential home deliveries across India's top nine cities, with Pune leading the growth. Despite a slight decline in Delhi-NCR, th...

Times Prime's 'Too Reel To Be True' Contest: A Golden Chance for India's Creative Minds to Win Big

Times Prime launches 'Too Reel To Be True', India's largest social media contest with a Rs 10 lakh prize pool, aiming to discover and reward creative talents across 10 categories. ...

Chinese Ambassador Assures India: No Market Dumping Amid US Trade War Tensions

Chinese envoy Xu Feihong reassures India that China will not engage in market dumping amid the US trade war, emphasizing fair trade practices and a focus on domestic demand. Despit...

Dr Reddy's and Sanofi Collaborate to Launch Revolutionary RSV Drug Beyfortus in India

Dr Reddy’s Laboratories partners with Sanofi to introduce Beyfortus, a groundbreaking RSV drug, in India. Approved globally and now in India, it aims to protect infants from severe...

India Aims for 1 Billion UPI Transactions Daily: Finance Minister Sitharaman Charts Future of Digital Payments

Finance Minister Nirmala Sitharaman reviews UPI ecosystem, aiming for 1 billion transactions daily in 2-3 years, focusing on international expansion, infrastructure resilience, and...

Ather Energy's IPO Launches: Analyzing the Investment Potential in India's Electric Two-Wheeler Market

Ather Energy launches its IPO aiming to raise Rs 2,981 crore, with a price band of Rs 304-321. The electric two-wheeler market in India is expected to grow significantly, making th...

Apple's App Store Booms in India: $5.3 Billion Revenue in 2024 Signals a Developer Miracle

Apple's iOS app ecosystem in India generated $5.3 billion in 2024, contributing to a total business engagement of nearly $27 billion. Over 94% of app store billings went directly t...

India Launches Rs 23,000-Crore Scheme to Revolutionize Electronics Components Manufacturing

The Indian government unveils a Rs 23,000-crore scheme to boost domestic electronics components manufacturing, aiming for significant global market share and job creation.