At a time when Apple delivered its flagship line of new products on schedule despite battling a year of supply-chain turmoil, India could account for at least 12 per cent of the free-on-board (FoB) value of Apple Inc's iPhones manufactured by its vendors globally by 2025-26 (FY26). The number represents a significant shift for the Cupertino-based company's over-dependence on China, where 95 per cent of its phones are still being made. India's growing importance can be seen from the fact that in 2021-22 (FY22) - the first year of the production-linked incentive (PLI) scheme (the scheme was extended by a year due to the pandemic) - the FoB value of iPhones made in the country was $1.75 billion, translating into less than 2 per cent of the global value.
Debutant teenager Saurabh Chaudhary clinched India's first shooting gold of the 18th Asian Games, fetching the top honours in the men's 10m air pistol event, in Palembang, on Tuesday.
Singapore-based e-commerce platform Shopee - that launched in India only in December 2021 - has decided to close operations in the country. The official reason given by Shopee, which is controlled by NYSE-listed Sea Ltd, is changing global sentiments. In a statement, it said, "In view of the global market uncertainties, we have decided to close risks of our early-stage Shopee India initiative." The e-commerce platform has been hit by growing opposition from trade associations led by Praveen Khandelwal as well as homegrown social commerce start-ups.
Extra security measures will be in force for these areas in the period between June 10 and 14.
Tens of thousands of people on Sunday braved heavy rains to bid a teary adieu to Singapore's founding leader Lee Kuan Yew in a grand funeral attended by many world leaders, including Prime Minister Narendra Modi
Elina Svitolina stretched every sinew in a brilliant display of defensive tennis to register the biggest win of her career when she rallied for a 3-6, 6-2, 6-2 triumph over Sloane Stephens in an enthralling WTA Finals title decider on Sunday.
The 18th Asian Games will be a reality check for India's athletes.
The Swiss was handed a code violation for swearing in the third set of Tuesday's match after the lineswoman reported Federer to Serbian chair umpire Marijana Veljovic.
India's seven-time Olympian Leander Paes says only the best should represent the country.
Naomi Osaka's total is the most ever earned by a female athlete in a 12-month period.
'This country's backwardness is exposed when Indians bribe, coax and cajole agents to get back-breaking jobs abroad to save a little money at home,' observes Sunanda K Datta-Ray.
Germany's Angelique Kerber breezed past American Madison Keys in straight sets to enter the Australian Open semi-finals in Melbourne on Wednesday. The 2016 champion easily won 6-1, 6-2 in just 51 minutes.
Earlier in the day, Croatia's Borna Coric said he has tested positive for coronavirus. He became the second player to test positive for COVID-19 after Bulgaria's Grigor Dimitrov.
With days to go before the new tax regime around crypto assets kicks in, several investors are reportedly either booking profits, rejigging their portfolios or moving their crypto assets to their private wallets outside of India. Starting April, gains from trading in crypto and other virtual assets like non-fungible tokens (NFTs) will be taxed at a flat 30 per cent, as announced in the Union Budget. And, 1 per cent of tax will be deducted at source (TDS) on every transaction involving crypto and other virtual assets. The new tax regime also bars investors from offsetting losses from one crypto asset (such as Bitcoin) against gains from another (say, Ethereum).
A number of ex-gymnasts have come forward and described abusive behaviour from coaches and staff.
The race to get your hands on the flagship iPhone is on.
Prime Minister Narendra Modi, on Tuesday, congratulated Indian shooters Saurabh Chaudhary, Abhishek Verma and Sanjeev Rajput for winning medals in the Asian Games in Jakarta.
'The world outside my window now is mostly uninhabited, barring the few masked figures that skirt around my shadow as I walk the empty roads for the occasional grocery run.'
Brazil will face the winners of Tuesday's other semi-final between Spain and Japan in Saitama.
The robots are here!! A cylindrical robot rolls into a treatment room to allow healthcare workers to remotely take temperatures and measure blood pressure and oxygen saturation from patients hooked up to a ventilator. Another robot that looks like a pair of large fluorescent lights rotated vertically travels throughout a hospital disinfecting with ultraviolet light. These are just a few of the robots which are being used during the COVID-19 pandemic, from health care in and out of hospitals, automation of testing, supporting public safety and public works, to continuing daily work and life. Here's a look at how Artificial Intelligence is being used in this war against COVID-19.
Real Madrid moved back to the top of La Liga as Vinicius Junior scored both goals in a 2-1 victory at Elche on Saturday.
Lewis Hamilton tightened his grip on securing a fifth Formula One world title by coming from nowhere to claim a stunning pole position for the Singapore Grand Prix in his Mercedes on Saturday.
The US Open organisers are assessing safety measures for the tournament scheduled to begin on Aug. 31 without spectators after the COVID-19 pandemic stalled the season in March.
Novak Djokovic blamed "human error" on Wednesday for a mistake in his Australian immigration paperwork and apologised for breaking isolation for a photoshoot when he had COVID-19 last month.
World number one Rafael Nadal recovered from an upset loss against Belgium's David Goffin to win the deciding doubles match and send Spain into the semi-final of the ATP Cup teams event in Sydney in the early hours of Saturday. Spain will now play host nation Australia in the inaugural event, while Serbia, led by world number two Novak Djokovic, take on Russia.
Rashtriya Chemicals & Fertilizers, Mumbai, powered by Shiva Kumar's double strikes, overcame hosts Bombay Gymkhana President's XI 4-1 in a first round match of the DCB Presents Aga Khan hockey tournament - 2011, at the Bombay Gymkhana ground, on Monday.
New Zealand batsman Kane Williamson will reportedly fly home from Bangladesh following a fractured left thumb, which has left him in doubt for the home series against West Indies.
The Dutchman burst through the middle of the pitch and laid the ball off for Messi to dribble into the net for an 18th league goal of the season, extending his lead at the top of the scoring charts.
The two players decided to pull out in favour of playing for their provinces in the Plunket Shield, New Zealand's domestic first class championships.
'Who said they didn't meet on her birthday? Right now Ranbir has his father's health issues to deal with.'
Google has emerged as top choice in the Top 100 Ideal Employer Rankings in a survey conducted among Indian management and engineering students.
After an Olympic stumble Novak Djokovic will get a second bite at history in the Big Apple with a calendar year Grand Slam there for the taking at the US Open.
'While we conversed in Marathi, she would always make it a point to ask me in English, "Are you okay? Have you eaten?"' 'I sorely miss that care and concern.'
Tennis matches at the Ariake Tennis Park will begin from 3pm local time (0600 GMT) from Thursday, governing body International Tennis Federation said after requests from players who had struggled in the stifling weather.
The Budget announcement of taxing 'virtual digital assets' or crypto currencies will help the income-tax department measure the "depth" of this trade in the country, know the investors and the nature of their investments and it does not "attach any legality" to these transactions, Central Board of Direct Taxes chairman J B Mohapatra said.
The moon blacked out the sun in totality over Indonesia's main western island of Sumatra, providing crowds with stunning views of a total solar eclipse.
Sun Peiyuan won the first gold of the 18th Asian Games in Wushu to give powerhouse China a perfect start to their campaign on Sunday. The 29-year-old clinched the men's changquan gold with 9.75 points after impressing with his acrobatic moves at the Jakarta International Expo at Kemayoran in the sport developed from ancient Chinese martial arts.
The next 12 months will see many world cinema heavyweights unveiling exciting new films.
F1 chief executive Chase Carey was speaking after the sport published an eight-race initial calendar with the season starting in Austria on July 5.
Nadal will not be playing at Wimbledon, having decided to rest, while eight-time champion Federer is showing signs that, at 39, the window of opportunity to win one more Slam is closing.
