In a historic move, Apple has airlifted iPhones worth a record $2 billion from India in March 2025, marking a significant milestone for the country’s burgeoning electronics manufacturing sector. This unprecedented operation involved Apple’s key suppliers, Foxconn and Tata Electronics, and highlights India’s growing role as a global hub for smartphone production. The airlift, which…
Gold prices in India have surged to an all-time high, crossing the ₹95,000 mark per 10 grams for the first time. This historic milestone comes as the global economic landscape faces heightened uncertainties, including a weakening US dollar and the ongoing trade war between major economies. On April 16, 2025, gold prices on the Multi…
Dixon Technologies, a leading electronics manufacturing services firm, witnessed a 2% surge in its stock prices following the announcement of its ₹1,000 crore facility near Chennai. The project, set to be established at the Indospace Industrial Park in Oragadam, aims to bolster India’s electronics manufacturing capabilities and create 5,000 jobs in the region. Here are…
Global financial markets faced a sharp downturn on April 9, 2025, following China’s announcement of new tariffs on US imports. The Dow Jones futures dropped by 2%, while the UK’s FTSE 100 index tumbled by 4%, reflecting widespread investor panic. The move comes as part of escalating trade tensions between the world’s two largest economies….
Assam’s Attabarie Tea Estate has brought international glory to India by being crowned the producer of the world’s best black CTC tea at the prestigious 2025 World Tea Championship held in Las Vegas. This remarkable achievement coincides with the bicentennial celebration of Assam Tea, adding a historic touch to the milestone. The Attabarie Tea Estate,…
Reserve Bank of India (RBI) Governor Sanjay Malhotra has expressed deep concerns over the impact of US tariffs on India’s economic growth, deeming it a bigger challenge than inflation. Speaking at the post-Monetary Policy Committee (MPC) meeting on April 9, 2025, Malhotra revealed that the RBI has revised India’s GDP growth forecast for FY26 from…
Isha Ambani, the daughter of Reliance Industries Chairman Mukesh Ambani, has made headlines once again by selling her opulent Beverly Hills mansion to Hollywood power couple Jennifer Lopez and Ben Affleck. The deal, finalized in 2023, was valued at an astounding ₹508 crore, making it one of the most high-profile real estate transactions in recent…
Goldman Sachs has forecasted a 25 basis points (bps) reduction in the Reserve Bank of India’s (RBI) repo rate during the upcoming Monetary Policy Committee (MPC) meeting on April 9, 2025. The financial services firm anticipates the repo rate to drop to 6% and further decline to 5.50% by the end of the year, citing…
Mumbai, April 7, 2025 – The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) has commenced its three-day meeting to review key interest rates, with widespread anticipation of a 25 basis points (bps) rate cut. This comes in the backdrop of moderating inflation and the need to stimulate economic growth, especially as global challenges…
New Delhi, April 7, 2025 – The recent imposition of sweeping tariffs by former U.S. President Donald Trump has sent shockwaves through global financial markets, with India’s five wealthiest billionaires collectively losing nearly $10 billion in a single day. The stock market crash, driven by escalating trade tensions, has left Indian investors significantly poorer, with…
