iPhone Manufacturing in India Surges 60% This Year
Apple’s iPhone production in India has witnessed a remarkable surge, increasing by 60% in the 2024- 25 FY. The company’s Indian operations now contribute an impressive ₹1.89 lakh cr to the economy, solidifying the country’s growing role in Apple’s global supply chain. Now, India has become a critical hub for Apple as it diversifies its…
Vipin
iPhones Fly to U.S. as Tariffs Shift Under Trump
Amid escalating trade tension and significant tariff increases under the President Donald Trump administration, companies like Apple Inc. executed a strategic move by dispatching five aircraft loaded with iPhones and other related products from India to the United States. This happened just 3 days late in March. The reports also suggest that despite the additional…
Yash Sharma
Trump Exempts Pharma, Semiconductors from New Tariffs
President Donald Trump’s newly announced tariffs have spared key sectors, pharmaceuticals, and semiconductors, offering relief to industries amid rising global trade tensions. Recently, Trump unveiled a comprehensive tariff plan to reduce the U.S. trade deficit and bolster domestic manufacturing. The plan imposes a 10% universal tariff on imports from various countries, including China, India, Vietnam,…
Shipra Prajapati
Trump’s Proposed 25% Tariff To Hit Indian Drugmakers
On Tuesday, February 18, US President Donald Trump announced that he would like to impose a 25% or higher tariff on pharmaceuticals. He will raise the tariff throughout the year. This move could significantly impact the Indian pharma industry, as the USA is one of the largest consumers of Indian Pharma. According to the Pharmaceutical…
Himanshu
PM Narendra Modi Co-Chairs AI Action Summit In Paris
India’s Prime Minister Narendra Modi co-chaired the AI (Artificial Intelligence) Action Summit 2025 alongside French President Emmanuel Macron on February 11, 2025. The week-long summit began on February 6 and was attended by global leaders, policymakers, and industry veterans. It’s the third edition of the AI Action Summit. PM Modi arrived for the event in…
OpenAI Introduces New Feature To Compete With DeepSeek
As China’s DeepSeek chatbot heats competition in the AI (Artificial Intelligence) field, the US-based OpenAI introduced a new “Deep Research” feature ahead of high-level meetings in Tokyo. OpenAI’s Sam Altman will meet Japanese Prime Minister Shigeru Ishiba and Masayoshi Son, SoftBank Group’s Chief, in Tokyo today. OpenAI and SoftBank are part of the Stargate initiative,…
abhinav singh
Economic Inequality: Definition, Causes, and More
A lack of access to quality education, a higher crime rate, growing poverty, etc., are signs of economic inequality in your country. Brazil, Chile, Peru, etc., experience the worst inequality. The World Bank shared in its World Development Report 2024 that around 100 countries are stuck in the middle-income trap, which is connected to this…
India Emerged As The Fastest Growing Passenger Market
India’s domestic airline capacity has skyrocketed by 100% in the past decade, propelling it to the third spot in the global passenger market, just behind the USA and China. In 2014, India’s passenger capacity stood at 8 million, but by April 2024, it had surged to 15.5 million, marking India as the world’s fastest-growing airline…
Chandan Kumar
China Dethrones US As India’s Top Trade Partner In FY24
GTRI (Global Trade Research Initiative) reported a dramatic shift in India’s trade dynamics with its top trading partners in the past few years, from 2019 to FY24. According to the report, imports from neighbouring countries increased by 3.24% to reach $101.7 billion in FY24. Moreover, the report mentioned that exports from the United States declined…
Top Institutes Offering Business Management Courses in the USA
College education is extremely important for success in today’s corporate environment. However, choosing the best university can be difficult and confusing. There are around 5,300 colleges and universities in the USA. Moreover, they all have somewhat identical programs, making deciding the best university or college for you or someone you know much more confusing. In…
Swarnendu