Samsung Electronics is reportedly evaluating a strategic shift of a portion of its smartphone manufacturing operations from Vietnam to India. This potential move is being driven by increasing global tariff pressures—particularly from the United States—and India’s push to become a global manufacturing powerhouse through lucrative incentives. Vietnam currently accounts for about 60% of Samsung’s total…
Satoshi Nakamoto, the mysterious and pseudonymous creator of Bitcoin, has just made headlines again — not for making a move, but for standing still. Despite not touching his holdings for over a decade, Nakamoto’s estimated 1.096 million Bitcoins have skyrocketed in value and are now worth approximately $129 billion, placing him as the 11th richest…
In a landmark moment for the cryptocurrency market, Bitcoin, the world’s largest and most valuable digital currency, crossed an all-time high of $121,000 (₹1.04 crore) for the first time ever. The surge came in dramatic fashion, with the cryptocurrency gaining $1,000 (approximately ₹86,000) in just five minutes on major exchanges like Coinbase and Binance. This…
Nvidia, the Silicon Valley chipmaking giant once known primarily for powering high-end gaming graphics, has officially become the first semiconductor company in history to cross the $4 trillion market capitalization mark. This milestone, achieved in record time, cements Nvidia’s dominance not just in hardware, but as a foundational force in the booming field of artificial…
Vodafone Idea (Vi) shares surged by over 7% on Tuesday after media reports suggested that the Central Government is actively considering multiple relief measures for the financially ailing telecom company. The proposed measures are reportedly aimed at easing the burden of Vi’s massive regulatory dues amounting to ₹84,000 crore. At the close of trading on…
Tesla has secured a 4 billion-yuan (US $556 million) agreement with the Shanghai municipal government and finance partner China Kangfu International Leasing to build what will become the country’s largest grid-side battery-storage facility, advancing the U.S. company’s push into the world’s biggest clean-energy market despite escalating trade frictions between Washington and Beijing.reuters.comen.people.cn A flagship project…
Builder.ai—the London-headquartered “no-code, AI-powered” app-building platform once valued at US $1.5 billion—has entered insolvency proceedings barely two years after sealing a high-profile strategic deal with Microsoft. The abrupt filing, confirmed in a U.S. bankruptcy court this week, follows creditor Viola Credit’s decision to seize US $37 million from the company’s bank accounts, a move that…
India is emerging as a key global manufacturing and export hub for Chinese smartphone and electronics companies, marking a major shift in global supply chains. Brands like Oppo, Realme, Lenovo, and Motorola have begun exporting smartphones and electronic devices from their Indian manufacturing bases to regions including West Asia, Africa, and even the United States….
BlackRock Inc., the world’s largest asset manager, reached a historic milestone by closing 2024 with $11.6 trillion in assets under management (AUM), marking a significant increase from $10 trillion at the end of 2023. This growth was propelled by robust market performance and substantial investor inflows, particularly into exchange-traded funds (ETFs) and fixed-income products. Unprecedented…
In a significant move reflecting its evolving global manufacturing strategy, Apple exported approximately 11.5 million iPhones from India to the United States between January and April 2025. This surge underscores Apple’s efforts to diversify its production base beyond China, amid escalating geopolitical tensions and trade challenges.India Briefing According to data from market research firm Canalys,…