Tesla Launches Its First India Hub in Mumbai on July 15
Tesla entered the Indian market with the launch of its first showroom at Mumbai’s Bandra Kurla Complex on July 15, backed by a $1 million investment as stated by Reuters. Tesla announced that the event will mark its official entry into India with the inauguration of a Tesla Experience Centre at Mumbai’s Bandra Kurla Complex…..
UPI Surpasses Visa with 650M Daily Deals, Leads Payment Boom
Unified Payments Interface (UPI) has surpassed Visa to emerge as the leading global real-time payment platform, handling over 650 million transactions each day. Amitabh Kant, former NITI Aayog CEO, celebrated the achievement on X, stating, “UPI overtakes Visa as the world’s foremost real-time payment platform, handling over 650 million transactions each day.” He remarked that…
Jack Dorsey Launches Bitchat, an Offline Messaging App Powered by Bluetooth
Jack Dorsey, Twitter co-founder and CEO of Block, has launched Bitchat, a decentralised messaging app designed for offline communication using Bluetooth mesh technology. Unlike traditional apps that rely on Wi-Fi or mobile data, Bitchat connects nearby devices directly, allowing users to send encrypted messages without internet access. With a strong focus on privacy, peer-to-peer communication,…
Starlink Cleared to Liftoff, India Set for High-Speed Connectivity
In a major step forward for India’s digital expansion efforts, the Indian National Space Promotion and Authorisation Centre (IN-SPACe) has officially authorised Starlink Satellite Communications Pvt. Ltd. (SSCPL) to deliver satellite internet services via its Gen1 low Earth orbit (LEO) satellite network. This five-year clearance is a pivotal move toward expanding broadband access in India’s…
Apple Named Sabih Khan as COO, A Well-Orchestrated Succession Plan
In a major leadership shift, Apple on Tuesday named Indian-origin executive Sabih Khan as its new Chief Operating Officer, following the departure of Jeff Williams in what the company described as a well-orchestrated succession plan. Khan, a three-decade Apple veteran and current Senior VP of Operations, will take on his new role later this month,…
Sensex, Nifty May Dip on July 8 After Trump’s Tariffs
Indian stock markets are likely to open lower on Tuesday, following mixed global cues after US President Donald Trump said he would impose fresh tariffs on several trading partners. The Gift Nifty was trading around 25,495, tracking about 44 points lower than the previous closing price of Nifty futures, indicating a weak start. On Monday,…
India-US Trade Pact Closes as Tariff Deadline Looming
As time runs out before the July 9 tariff deadline, India and the US are wrapping up talks on a limited trade deal confirmed by officials. While the agreement represents a notable advance in India-US ties, the deal is expected to sidestep delicate sectors like dairy, agriculture and genetically modified foods, with negotiation centred on…
Govt Sanctions ₹1.05 Lakh Crore Deals For Made In India Arms Boost
The Defence Acquisition Council Of India on Thursday authorised ₹1.05 lakh crore worth of local defence acquisitions. This is the first major step since Operation Sindoor highlighted India’s advanced precision strike capabilities. Defence Acquisition Council (DAC) led by Defence Minister Rajnath Singh, approved Acceptance of Necessity (AON) for 10 key capital acquisition proposals, covering armoured…
EVMS Raises Concern Over Illegal E-Rickshaw Operations
New Delhi, 4th July, 2025: (EVMS), representing more than 200 organised and MSME EV manufacturers across India, held a press conference today at the Press Club of India, highlighting two major challenges facing the country’s electric mobility sector. These include the widespread operation of illegal e-rickshaws and the sharp increase in low-quality imports. Shri Rajiv…
CCI Probes Asian Paints for Position Abuse on Grasim’s Complain
The Competition Commission of India (CCI) has initiated an investigation into Asian Paints over allegations of anti-competitive practices, based on a complaint filed by Grasim Industries, part of the Aditya Birla Group. The CCI has ordered the Director General to investigate and submit a report within the 90 days, mentioning there was no need to…