In a major move to diversify its manufacturing footprint and reduce reliance on China, Apple is fast-tracking its strategy to assemble nearly every iPhone sold in the United States at Indian facilities by late 2026. According to reports, the tech giant is in confidential talks with its longtime manufacturing partner Foxconn, as well as new…
Over the past 18 years, China has achieved what many would consider an economic miracle — transforming from a developing nation into the world’s second-largest economy, just behind the United States. With consistent GDP growth, a booming manufacturing sector, and monumental strides in infrastructure, China has become a global powerhouse. However, this economic success story…
In a significant shift in workplace policy, Flipkart, one of India’s largest e-commerce platforms and a chief rival to Amazon India, has officially ended its work-from-home and hybrid work models. The Walmart-owned company has instructed all of its employees to return to the office five days a week, marking a full transition back to in-person…
In a major move signaling a strategic shift in global technology production, NVIDIA has announced the development of American-made AI supercomputers and a staggering $500 billion investment in U.S.-based AI infrastructure over the next four years. The company revealed that it is partnering with Taiwanese electronics giants Foxconn and Wistron to build state-of-the-art manufacturing facilities…
In a significant development for Bihar’s industrial landscape, Campa Cola, the iconic Indian soft drink brand now owned by Reliance Consumer Products Ltd. (RCPL), has announced plans to set up its first manufacturing unit in the state. The proposed facility will be located in Begusarai and involves an investment of ₹1,000 crore. The project has…
April 15, 2025 — In a major shift that underscores India’s growing importance in global electronics manufacturing, Apple has significantly increased its iPhone production in the country, reaching an impressive $22 billion in the fiscal year 2025. This marks a 60% rise compared to the previous year, signaling Apple’s strategic pivot towards reducing dependence on…
Tata Motors, one of India’s leading automobile giants, has finally reclaimed the ₹600 price level on the stock market — a milestone it first touched in early 2015. After nearly a decade of volatility, financial uncertainty, and global economic headwinds, the automaker’s stock has shown a strong turnaround, signaling improved investor sentiment and operational recovery….
In a startling revelation, one of the world’s largest financial institutions, Citigroup, once mistakenly credited a whopping $81 trillion to a single account due to a data processing error. This jaw-dropping incident highlights the potential vulnerabilities that exist even within the most robust banking systems, raising serious concerns about the reliability of global financial infrastructure….
New Delhi, April 12, 2025 — Starting April 1, 2025, dining at restaurants within hotels may become more expensive for many patrons. The Central Board of Indirect Taxes and Customs (CBIC) has implemented a revised Goods and Services Tax (GST) structure, significantly impacting how restaurant services within hotels are taxed. Key Changes in GST Rates…
China’s financial markets have been rattled by an unprecedented downturn, with the Hong Kong Hang Seng Index suffering a catastrophic single-day drop of 13.2%. This marks the steepest decline since the 1997 Asian financial crisis and rivals the market chaos witnessed during the 2008 global economic collapse. The sharp fall sent shockwaves through regional markets…