Apple Inc, which had planned to shift only 10 per cent of its global production base from China to India with respect to iPhones at the end of FY26, is currently churning out one out of every four iPhones in the world from India.
State-owned Coal India Ltd (CIL) and ArcelorMittal Nippon Steel India (AMNS) have signed an MoU to explore setting up a coal gasification plant near AMNS's Paradip pellet plant in Odisha. This initiative aims to produce synthesis gas for cleaner steel production, reduce reliance on imported fuels, and align with India's goal of gasifying 100 million tonnes of coal by 2030, supported by a Rs 37,500-crore government incentive scheme.
Ladakh has inaugurated its first international-level artificial ice hockey rink, a state-of-the-art facility costing Rs 42 crore. Equipped with a 24x7 chilling system, it allows year-round training, overcoming the previous limitation of a short natural ice season. This development is expected to boost winter sports, nurture local talent, and promote sports tourism in the region.
India's manufacturing sector activity growth declined to a five-year low in July, with the HSBC India Manufacturing Purchasing Managers' Index (PMI) falling to 53.5 from 54.2 in June, driven by a slower rise in new business orders and challenging market conditions.
A coalition of 25 Democratic-ruled US states has filed a lawsuit against the Trump administration's decision to impose new tariffs on 60 economies, including India. The states contend that these tariffs, ostensibly aimed at combating forced labour, are illegal taxes that will raise costs for consumers and businesses, and were implemented without proper legal justification.
Elena Rybakina mounted a stunning comeback from a set and a break down to defeat Naomi Osaka in a hard-fought Canadian Open quarter-final, setting up a semi-final clash with Coco Gauff.
Donald Trump has strongly refuted claims of a munitions shortage and denied any confrontation with Defence Secretary Pete Hegseth, labelling the reports as "fake news" and asserting the nation's robust military production capabilities.
Tata Steel more than doubled its Indian capacity through acquisitions and expansion, strengthening cash generation as it pursued a costly restructuring of its European operations.
Education loan defaults carry serious consequences. Credit bureaus record missed payments against both the student and the co-borrower, usually a parent.
Indian pharmaceutical companies are not rushing to relocate manufacturing to the United States despite former President Donald Trump's renewed threat of tariffs up to 200 per cent on imported generic drugs. Instead, they are leveraging existing US plants, contract manufacturers, and making selective investments in complex products while maintaining India as their primary production hub.
Shiprocket plans to allocate a significant portion of its IPO proceeds towards artificial intelligence (AI), aiming to evolve its e-commerce enablement platform into a comprehensive operating system for merchants, enabling conversational commands and reducing manual tasks.
State Bank of India (SBI) is extensively using artificial intelligence to underwrite nearly Rs 1 lakh crore in MSME loans and automate the processing of cheques up to Rs 10,000. This AI adoption aims to enhance efficiency, free up employee bandwidth, and improve customer service across various banking functions.
The Lok Sabha introduced four significant bills on Monday, including amendments to mines and minerals regulations, the establishment of a National Tribunals Commission, and the renaming of Kerala to Keralam, all while facing continuous protests from opposition members demanding a discussion on the July 20 police crackdown on students.
The Maharashtra government has approved the deployment of sovereign artificial intelligence solutions from Sarvam AI for its departments, with a two-year outlay of Rs 11.26 crore. This initiative includes the Indus AI workspace for 2,500 users, ensuring government data remains within India, along with citizen outreach agents and speech models for the MahaAI platform.
The Reserve Bank of India (RBI) has introduced a new framework allowing banks to offer differential interest rates on bulk deposits based on their liquidity characteristics under the Liquidity Coverage Ratio (LCR) framework, while maintaining the principle of uniform pricing across similar deposits.
Maruti Suzuki India will increase the prices of its vehicles by up to Rs 30,000 across all models from August 2026, citing a sustained increase in input costs.
Prime Minister Narendra Modi has highlighted the risks posed by the 'weaponisation' of resources and strategic sea routes, urging India to achieve greater self-reliance in energy to mitigate vulnerabilities to overseas supplies and geopolitical tensions.
Lodha Developers plans to generate approximately 10,000 crore in sales over the next three to four years by monetising about 150 acres of land at its data centre park in Palava, part of the Mumbai metropolitan region (MMR). This strategy is a planned recurring pillar of their business, funding the build-out of 1 gigawatt of powered shell capacity and aiming for over 2,000 crore in annual rental income by FY32.
India's wholesale price index (WPI) inflation surged to 9.68 per cent in May, up from 8.26 per cent in April, primarily due to significant increases in the prices of fuel and power, manufactured goods, and food items.
US Vice-President J D Vance's unexpected phone call to Prime Minister Narendra Modi on August 8 has ignited speculation about a potential diplomatic overture, possibly seeking India's support amidst the escalating US-Iran conflict and a shifting global power landscape, suggests Ambassador M K Bhadrakumar.
Indian Grandmaster Arjun Erigaisi has voiced significant reservations regarding a proposal by World Chess and FIDE to convert online rapid and blitz ratings into official FIDE ratings. He highlights fundamental integrity issues, such as mouse slips and the lack of physical supervision in home-based online play, making it difficult to ensure fair play. Erigaisi also commented on World Champion D Gukesh's recent form and dismissed the idea that AI diminishes creativity in chess.
Read your counselling bulletin, start to finish. Each counselling body speaks its own language, lets you edit choices differently and puts a different price on changing your mind, says Ashok Hegde, founder, neet2seat.
Tech giant Apple reported a record June quarter revenue of USD 109.4 billion, a 16 per cent year-on-year increase, with significant double-digit growth in emerging markets like India. However, the company anticipates business risks in the coming quarters due to rising memory chip prices and ongoing supply constraints.
Highly capable professionals frequently lose out to candidates with similar qualifications simply because their applications are better structured, more relevant, and easier for both AI and recruiters to interpret, says Chetan Mangalwedhe, founder of TalentiFi-X.
Jordan Football Association President Ali bin Hussein has publicly accused FIFA President Gianni Infantino of 'blackmail', alleging that FIFA offered to resolve the kingdom's football problems in exchange for his endorsement, a claim FIFA has been contacted about for comment.
A consumer disputes commission in Mumbai has directed National Insurance Company Ltd to pay a liquor wholesaler over 1.2 crore for stock ruined during the 2017 Mumbai floods, deeming the claim rejection 'arbitrary and unreasonable'.
A group of experts has voiced significant concerns regarding India's ethanol-blended fuel policy, citing potential negative impacts on land-use, agriculture patterns, food security, groundwater levels, and household incomes. They recommend a return to E10 fuel and a review of the policy's overall benefits versus costs to consumers and the environment.
Fitch Ratings forecasts a 9 per cent aggregate revenue increase for rated Indian corporates in the current fiscal year (FY27), a stronger outlook compared to the 5 per cent estimated for FY26, which is expected to keep credit metrics stable despite potential global and domestic challenges.
South Korea's national football association has issued a deep apology following a media report alleging it provided 'sexual services' to foreign referees during international matches over a decade ago, specifically in 2011 and 2012.
A new report by Motilal Oswal Financial Services Ltd (MOFSL) indicates that inflation, interest rates, and monetary policy have become more significant drivers of gold prices than traditional geopolitical conflicts, with markets increasingly focusing on these economic factors.
Sheikh Mohammad Abdullah's dismissal and arrest on August 9, 1953 marked a decisive shift in the Centre-J&K power equation. Seven decades later, the erosion of the state's special constitutional position culminated in the August 5, 2019 changes, notes Mohammad Sayeed Malik, the distinguished commentator on Kashmir affairs.
Afghanistan has secured automatic qualification for the 2027 Cricket World Cup after defeating Ireland, while the West Indies, ranked 10th, will once again have to navigate qualifiers for the third consecutive edition of the tournament.
Spider-Man: Brand New Day has swung into the Indian box office with unprecedented success, shattering records for Hollywood openers and setting its sights on the exclusive Rs 500 crore club.
Indian javelin thrower Rohit Yadav admitted that his 'overconfidence' and attempt to outdo both Sri Lankan gold winner Rumesh Pathirage and compatriot Neeraj Chopra during the Commonwealth Games final led to his seventh-place finish, stating he should have curbed his ambition.
Change of guard in some states and evolving El Nino dynamics are triggering fresh actions on raging water-sharing disputes in several states.
Many investors are working hard as their own fund managers, unaware whether their efforts have actually rewarded them for the job.
The Indian government has approved the introduction of one billion polymer banknotes in Rs 10 and Rs 20 denominations for field trials, aiming to enhance durability. This move comes as the Finance Minister also addressed Parliament on declining retail inflation, GST reforms, and other fiscal measures taken to support the economy and household consumption.
Shares of major private lenders, including HDFC Bank, Axis Bank, and Kotak Mahindra Bank, experienced a sharp selloff after their June-quarter results indicated persistent pressure on net interest margins (NIMs), despite healthy credit growth. This decline overshadowed gains in ICICI Bank and Punjab National Bank (PNB), which reported resilient or stronger-than-expected earnings.
Several Indian real estate companies, including BPTP Ltd and Smartworld Developers, are rethinking or shelving their initial public offering (IPO) plans, which were expected to raise around 15,000 crore, due to weaker housing demand, higher costs, and a more cautious investment climate.
