How the U.S. Trade Policy Is Reshaping the Global Economy
In a world already shaken by inflation, war, and technological disruption, the resurgence of tariffs as a central instrument of economic policy has intensified the pressure on an already volatile global economy. When the United States announced sweeping tariffs in early 2025, slapping a 10% blanket duty on all imports and escalating tariffs on goods…
ABHYUDAYA MITTAL
UN May Eliminate 7,000 Jobs Amid Financial Crisis
According to a memo seen by Reuters, the United Nations Secretariat plans to reduce its budget by 20% and eliminate about 6,900 jobs. The United States and its funding problems are causing a financial crisis for the world body, so the Organisation is urging all member states to suggest cuts by June 13. In addition…
Abdullah Ansari
Apple Exports 11.5M iPhones from India to the US in 4 Months
Apple sent around 13.2 million iPhones from China to the US from January to April 2025. At the same time, India shipped over 11.5 million iPhones to the US, per estimates. At first, it may seem that China is leading, but there is more to the story if you look closely. Since last year, India…
India to Produce $40 Billion iPhone by FY26
Apple is rapidly shifting gears in its global manufacturing playbook — and India is racing to the front of the line. With projections estimating nearly $40 billion worth of iPhones to be manufactured in India by FY26, the tech giant is doubling down on the subcontinent. What’s even more striking? 80% of that output is…
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,…
