India’s iPhone Exports Jump 3.44 Million in October
India’s iPhone export surges in October, strengthening the country’s position as a primary manufacturing centre for the tech giant. iPhone has been exported 3.44 million units, according to data from market analyst firm Canalys, a 40 per cent month-on-month increase from September and a 20 per cent year-on-year increase compared to October 2024. The United…
Himanshu
Finance Minister Held A Pre-Budget Meeting With Bankers
Union Finance Minister Nirmala Sitharaman chaired the seventh pre-budget consultation meeting with experts from Banking, financial services, and Insurance in New Delhi in connection with the upcoming Union Budget 2026-27. The Minister of State for Finance, Pankaj Chaudhary, the Secretaries of the Department of Economic Affairs, the Chief Economic Adviser to the Central Government, and…
Vipin
Adani Defence to invest ₹10,000 Cr to Expand Manufacturing
Adani Group, led by Gautam Adani, and Adani Defence & Aerospace are planning to triple their investment over the next few years, initiating a massive increase across major ammunition and defence manufacturing segments, according to a company official. The group is all set to invest ₹10,000 crore across various defence and aerospace businesses over the…
Shipra Prajapati
YouTube Initiates New AI Tools & Major Partnership
YouTube has announced a broad range of new AI-enabled features, learning initiatives, and safety tools at its annual YouTube summit, accompanied by new economic impact findings from Oxford Economics. According to the report, YouTube’s creative ecosystem contributed over ₹16,000 crore to India’s GDP last year and rendered over 930,000 full-time equivalent jobs. Gunjan Soni, Managing…
Venezuela to Enhance Beyond Oil in Critical Minerals
The Commerce Ministry announced that Venezuela expressed enthusiastic interest in increasing cooperation on critical minerals with India to attract investment. This was discussed in a meeting between Commerce and Industry Minister Piyush Goyal and Venezuelan Minister of Ecological Mining Development, Hector Silva, in Vishakapatnam, Andhra Pradesh. During the meeting, Venezuela showed interest in enhancing economic…
Manipal Group to Bid For Bankrupt Byju’s Parent Company
India’s Manipal Education and Medical Group announced on Thursday that it had submitted an expression of interest to bid for bankrupt firm Think and Learn, the parent company of Indian education-technology firm Byju’s. Byju’s gained popularity during the COVID-19 pandemic, offering online education courses, and currently operates in more than 21 countries. Its valuation experienced…
Cabinet Agrees to New Royalty Rates For Critical Minerals
India aims to reduce import dependence and vulnerabilities in the supply chain of critical minerals. The Union Cabinet approved on Wednesday, 12 November, the rationalisation of royalty rates of graphite, caesium, rubidium, and zirconium. According to the rationalisation structure, the royalty was previously sought on a per-tonne basis for graphite (i.e., a fixed amount for…
Xbox Finally Arrives in India For Game Pass Subscribers
Microsoft’s Xbox is launching cloud gaming for Indian users, the company announced on Tuesday, November 11. Cloud gaming enables gamers to play graphics-intensive games remotely, streaming them in real-time to their local device from phones, tablets, laptops, PCs, and some TVs. Xbox is a major player in the console gaming space and has offered cloud…
ABHYUDAYA MITTAL
Trump to Make Trade Deal in India to Reduce Tariffs
President Donald Trump announced on Monday that the US was close to reaching a deal with India that would lead to the expansion of economic and security ties between Washington and New Delhi, promoting US energy exports and boosting investments in primary sectors. During the ceremony for his representative, Sergio Gor, as the new ambassador…
abhinav singh
Tesla’s Sales in India Declined to 40 Units in October
Tesla, a US-based electric vehicle manufacturer, currently offers only the Model Y SUV in India. In July, Tesla opened its first showroom in India, where sales dropped to 40 units in October, bringing the cumulative total to 104 units, having delivered 64 units in September. According to the industry body Federation of Automobile Dealers Associations…
