Apple Expands India Supply Chain with $1.5 Billion Foxconn Investment Apple is set to expand its manufacturing footprint in India with the construction of a $1.5 billion display module plant near Chennai, marking a significant shift in the company’s supply chain strategy. This development comes as the tech giant continues to diversify its production beyond … Read more
Indian Stock Market: Key Developments and Global Market Cues for Friday Indian stock market indices, the Sensex and Nifty 50, are expected to open higher on Friday, following mixed signals from global markets. The domestic equity benchmarks are anticipated to see a positive start as investors assess a range of economic indicators and geopolitical developments. … Read more
Apple’s Manufacturing Push in India: A Strategic Move Amid Global Trade Shifts As global trade dynamics shift, Apple has made a significant move by expanding its manufacturing operations in India, despite pressure from U.S. President Donald Trump to relocate production back to the United States. This decision highlights the growing importance of India in the … Read more
Stock Market Crash Today: Nifty50 Below 24,550, BSE Sensex Drops Over 1,000 Points Indian equity benchmark indices, the Nifty50 and BSE Sensex, experienced a sharp decline on Thursday, with the Nifty50 falling below 24,550 and the Sensex dropping over 1,000 points. At 1:46 PM, the Nifty50 was trading at 24,524.75, down 289 points or 1.16%, … Read more
India’s Strategic Position in the Face of US Tariffs: A Moody’s Analysis India’s economic resilience in the face of US trade policies, particularly under President Donald Trump, has been highlighted by Moody’s. The report underscores India’s unique position in the global economy, offering it a distinct advantage amid trade tensions. As the world grapples with … Read more
UK-India Cultural Cooperation Agreement Boosts Creative Industries and Tourism Britain and India have signed a new bilateral cultural cooperation agreement aimed at strengthening creative industries, tourism, and sports sectors through enhanced collaboration between the two nations. The agreement, part of the UK government’s Plan for Change, is expected to drive economic growth and cultural exchange … Read more
Tariffs: Will a US-China deal foil India’s factory ambitions? As India seeks to establish itself as a global manufacturing hub, the recent US-China trade deal has raised questions about the country’s ability to maintain its growing momentum in the sector. The agreement, which includes reduced tariffs on goods traded between the two nations, has sparked … Read more
Scotch Whisky Prices to Drop in India Amid UK-India Trade Deal Diageo, the global leader in spirits, has announced plans to reduce prices of Scotch whisky in India in the higher single-digit percentage range as a result of the recently signed India-UK free trade agreement. The agreement, which is expected to be fully implemented by … Read more
Q4 Results Highlights: Oil India Profit Rises 30% QoQ; IndusInd Bank Slips Into Loss As of May 21, the fourth quarter earnings season for the Indian stock market has entered a critical phase, with over 14 major companies releasing their financial results for the January to March period. These include key players such as Oil … Read more
India and US Near Finalizing First Phase of Trade Deal by July India and the United States are on the verge of finalizing the first phase of their trade agreement before the end of July. Currently in Washington, Commerce and Industry Minister Piyush Goyal is leading discussions with American counterparts, signaling progress in negotiations. One … Read more