Technology giant Apple, which recorded $83 billion in revenue for the quarter ended June 2022, has reported a "near doubling" of revenue in India. Announcing financial results for its fiscal 2022 quarter ended June 25, Apple on Thursday said it has achieved a revenue record of $83 billion, up 2 per cent year-over-year. Apple CEO Tim Cook, during an earnings call, said the 83 billion dollar revenue was "better than we expected despite supply constraints, strong foreign exchange headwinds and the impact of our business in Russia."
Ashish Kumar continued his brilliant form at the 2022 Thailand Open international boxing tournament as he entered the finals alongside India's three other pugilists in Phuket on Wednesday.
World No. 1 Magnus Carlsen underlined his superiority, winning the first two games in the opening match of the final against teenaged Indian Grandmaster Arjun Erigaisi.
Following a gap of several months, global brands like Walmart have started lifting orders from Tiruppur's garment makers, leading to growth in knitwear exports in January after five months. Knitwear exports from Tiruppur increased 1.5 per cent in dollar terms and 11.6 per cent in rupee terms in January. According to the Tiruppur Exporters' Association (TEA), global majors have started placing more orders from the region.
As US President Joe Biden launched a new trade deal with 12 Indo-Pacific nations, including India, to enhance trade, economic and investment opportunities, China, which sees the pact as a threat to its dominance in the region, went on the offensive against it, promising more opening up, while the official media here termed it as "economic Nato".
The US is making investments in defence ties with India to uphold a favourable balance of power in the Indo-Pacific, a top Pentagon official told lawmakers Thursday indicating that strengthening ties with New Delhi is one of the key factors to address the pacing challenge from China.
International Tea Day is a good occasion to brew a special pot of chai.
"China creeps towards hegemony in Asia, threatens India's borders, and treats other countries as junior partners, Indian-American Congressman Ro Khanna said.
A total of 415 million people moved out of poverty in India within just 15 years from 2005/2006 to 2019/2021, the United Nations said on Tuesday, highlighting the remarkable achievement by the world's most populous nation.
Electronics major Samsung has received orders for around 1.4 lakh units of its premium smartphone Galaxy S23 worth a total of Rs 1,400 crore on the first day of its pre-booking for the device, a senior company official has claimed. Samsung India, Senior Vice President for Mobile Business, Raju Pullan told PTI that the pre-booking for Samsung Galaxy S23 is almost twofold compared to the previous version of the smartphone Galaxy S22. "We have clocked almost 1.4 lakh units as pre-book in the first 24 hours and this is almost two times of Galaxy S22.
China on Tuesday angrily denounced the nuclear-powered submarine deal announced by the US, UK and Australia, saying the pact violates the Non-Proliferation Treaty (NPT) and the three countries are travelling "further down the dangerous and wrong path."
While there is no imminent threat to the AFC Asian Cup participation by the senior men's team in late 2023 or early 2024, some of the games slated for clubs and age-group national teams in the next few months could well be a tricky terrain.
The South Koreans, meanwhile, secured their first win in Group B as Paulo Bento's side saw off Lebanon in Suwon.
Nikhat Zareen, Lovlina Borgohain, Nitu Ghanghas and Saweety Boora will look to bag gold at the Women's World Boxing Championship.
In the rematch of last year's quarter-finals, Nitu and Balkibekova went all guns blazing in the first round. However, the Kazakh was dominant and took the round 2-3.
India's Grandmaster Arjun Erigaisi edged out fellow teenager Christopher Yoo in the quarter-finals via tie-breaker to reach the last four round of the Julius Baer Generation Cup online rapid chess tournament on Friday.
Apple's newest phone iPhone 14 will be made in India as the global tech titan bets big on the manufacturing prowess of the world's second-biggest smartphone market after China.
Before Kumar's show, Kaur had fetched the first medal for the Indian contingent, a bronze in the women's upto 41kg finals.
They are both electronic manufacturing services (EMS) companies, also known as contract manufacturers. One is Taiwan's Foxconn group, the undisputed global number one in this business with revenues of $223 billion. The other is Dixon Technologies, the biggest domestic player with revenues of over Rs 10,500 crore.
Indians are becoming much more spendy and discerning travellers and look for places that can offer them a 'new' kind of experience.
This includes over $15 billion of proposed investment in the infrastructure sector in the Indo-Pacific and $9 billion for shoring up American defence in the region.
Nikhat Zareen punched her way to a second successive gold title at the Women's World Boxing Championship in New Delhi.
"We value our partnership with India, and we've been increasing it and doing a lot more, over time. They have the same security challenge, primary security challenger that we do, and it's real on their northern border," Admiral John Christopher Aquilino, commander of United States Indo-Pacific Command, told members of the House Armed Services Committee during a hearing on Indo-Pacific National Security Challenges.
Spain and Japan have six points and will play each other on Monday for top spot in the group
Policies to break down the business group format are far more likely to be effective, argues Simon Commander.
Pompeo explains how the Donald Trump administration succeeded in bringing India on board the Quad grouping.
When stars travel, they make lovely pictures on social media.
Chinese foreign ministry spokesperson Mao Ning said China believes that state-to-state interactions should be in line with the trend of the time which is peace and development rather than exclusivity.
The Indian and Chinese troops have been locked in a tense border standoff in eastern Ladakh since May 5, 2020, when a violent clash between the two sides erupted in the Pangong lake area.
How many of the apps downloaded in India deliver the GPT technology they say they are?
India remains an attractive destination for foreign direct investments (FDI) on account of healthy prospects of economic growth and its skilled workforce, according to a survey by Deloitte. A large proportion of international business leaders remain confident in India's short- and long-term prospects and are readying plans to make additional and first-time investments in the country, it said on Tuesday. "The survey, which questioned 1,200 business leaders of multinational corporations in the US, UK, Japan and Singapore, found that India remains an attractive destination for investments, scoring highly for its skilled workforce and prospects for economic growth," the survey - India's FDI Opportunity - said.
It would be a difficult task for the Indian economy to reach the $5-trillion mark a year before the International Monetary Fund (IMF) projection of 2026-27. Pankaj Chaudhary, minister of state for finance, said in the Rajya Sabha on Tuesday that the government is taking steps to make the country a $5-trillion economy at a date earlier than the IMF's projection. In that context, it would not be difficult to meet the projection in the third quarter of FY27.
S L Narayanan, Harsha Bharathakoti, Karthik Venkataraman and Shamsiddin Vokhidov, the other players who had an outside chance of a shot at the title, missed out after drawn games.
Travel from India increased significantly after resumption of direct flights in March, Turkiye Tourism Board said, with destination weddings contributing to arrivals
With the arrest of one person from Noida, the cyber cell of Uttar Pradesh police on Wednesday claimed to have busted an online fraud nexus worth Rs 3,000 crore with links in China.
'As one might expect, he believed the Indians were preparing their nuclear weapons for deployment. It took us a few hours - and remarkably good work by our teams on the ground in New Delhi and Islamabad - to convince each side that the other was not preparing for nuclear war'
Indo-Pacific region. Senior officials from the ministries of External Affairs and Defence, and the US departments of Defence and State met here for the India-US 2+2 Inter-Sessional meeting.
'I also wish he would lead a spiritual life, confessing his past involvement in criminal activities'
Germany-based Mutares SE & Co will acquire 80 per cent controlling stake in Mahindra & Mahindra's French unit Peugeot Motocycles. In a statement, the Mumbai-based auto major on Thursday said Mutares has submitted an irrevocable binding offer to acquire 50 per cent of equity and a controlling stake of 80 per cent in France-based Peugeot Motocycles (PMTC). As part of the deal, Purple, a fully-owned entity of Mutares Holding, would invest 7 million euros in PMTC, which would entitle it to a 50 per cent shareholding and 80.01 per cent voting rights in the French firm.
Domestically, Indians are exploring popular beach destinations, the hills of Himachal Pradesh and Uttarakhand, and the North-Eastern region as well.
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