[ad_1] The three iPhone manufacturers in India are Tata Electronics, Pegatron and Foxconn Hon Hai. (AI image) Apple’s iPhone exports from India to the US constituted 97.6% of total iPhone exports in March 2025, rising from 81.9% in the December-February 2025 period. This shift aimed to avoid increased tariffs on Chinese imports.According to an S&P…
[ad_1] NEW DELHI: India’s largest oil refiner-fuel retailer IndianOil has hit the pause button on talks for a term deal for sourcing oil from Russia’s Rosneft amid New Delhi’s efforts to ramp up energy imports from the US with the aim of reducing its trade surplus.Company chairman A S Sahney said the move was prompted…
[ad_1] BENGALURU: Electric scooter maker Ather Energy closed its Rs 2,981-crore initial public offering (IPO) with a total subscription of 1.4times on Wednesday. This capped a three-day bidding window that saw strong interest from retail and institutional investors.The issue marked the first listing of the 2025-26 and the first major tech-led consumer IPO since 2023-24,…
[ad_1] Every city tells its story through its architectural marvels, much like Charminar does for Hyderabad and Howrah Bridge does for Kolkata. Andhra Pradesh’s capital, Amaravati, will soon be joining the list with its inverted lily-shaped assembly building standing tall in the heart of the city.Amaravati, also referred to as Praja Rajdhani or the “people’s…
[ad_1] The Central Board of Direct Taxes (CBDT) has officially notified the income tax return (ITR) forms 1 and 4 for the financial year 2024–25. These forms shall be used for reporting incomes earned between 1 April 2024 and 31 March 2025, that is for the assessment year 2025–26.The government is expected to release the…
[ad_1] With the US economy shrinking unexpectedly during the first quarter of 2025, anticipations that the Fed will gradually introduce rate cuts are high.Federal reserve policymakers, however, are unlikely to read too much into the first-quarter GDP decline, though traders believe clearer signs of economic weakness by June could prompt the central bank to start…
[ad_1] US GDP contracts: The economic news triggered a negative response in US stock markets US GDP contracts: The American economy saw an unexpected contraction during the first quarter of 2025, primarily attributed to increased imports as businesses and individuals built up inventories before US President Donald Trump‘s comprehensive tariffs took effect.According to figures released…
[ad_1] Furniture giant IKEA is planning to roll out smaller, compact-format stores, marking a “huge shift” in its strategy, to be more accessible for Indian customers. The company, currently in its second phase of growth in India, will be expanding across smaller cities in the country through a network of small-format stores developed according to…
[ad_1] Pakistan and the IMF reached an agreement in July 2024 for a $7-billion package under the extended fund facility. (AI image) India-Pakistan tensions escalate: India may challenge a proposed $1.3-billion International Monetary Fund (IMF) loan for Pakistan at the forthcoming board meeting of the global institution, according to three sources privy to the deliberations.On…
[ad_1] Gold’s ability to deliver high long-term returns significantly declines over time. (AI image) By Chethan ShenoyGold buying on Akshaya Tritiya: Traditionally, Gold has always been considered a safe haven asset for investors, offering protection during times of uncertainty. But it is important to understand that it a sentiment driven asset.The price of gold is…
