In a move that has stirred significant concern among global policymakers, US President Donald Trump took aim at India’s high tariffs on American goods during a recent press conference. Speaking on the matter, Trump expressed frustration over the tariffs imposed on US agricultural products, specifically highlighting the fact that India has a 100% tariff on American agricultural goods. This, according to the President, makes it “virtually impossible” for American products to b

The Kremlin stated on Wednesday that it would not activate the recently negotiated Black Sea maritime security agreement until a series of longstanding conditions—most of them tied to earlier unmet commitments—are fulfilled. This development comes in the wake of a US-led effort to bring about a ceasefire between Russia and Ukraine in the Black Sea and halt attacks on critical energy infrastructure. On Tuesday, the United States announced that it had reached separate agreements wit

The United States is set to impose reciprocal tariffs starting April 2, raising concerns about potential disruptions to Indian exports. While traders remain uneasy about the impact on export-driven sectors, a report by SBI Research suggests that India's economy is resilient enough to withstand these changes with minimal consequences. According to SBI Research, the newly imposed US tariffs are projected to result in only a 3-3.5% decline in Indian exports. Despite the tariff hike, India&rs

The Indian government is working on refining the Production-Linked Incentive (PLI) scheme to increase local value addition and export-driven growth in key industries. While the scheme has successfully attracted investment across multiple sectors, officials believe that further improvements are needed to address import dependency and enhance India's global manufacturing competitiveness.Since its launch in April 2020, the PLI scheme has been instrumental in drawing substantial investments i

Apple has officially launched its first product of the year, the iPhone 16e, on February 19, with pre-orders beginning on February 21. The latest addition to the iPhone lineup is set to go on sale starting February 28. In India, the iPhone 16e starts at ₹59,900, but Apple’s official distributor, Redington, has announced attractive offers, allowing customers to avail up to ₹10,000 in discounts.   iPhone 1

The iPhone SE 4 is quickly becoming one of the most anticipated devices among Apple fans, especially following the excitement around the iPhone 17 Air. As an upgrade to the iPhone SE series, the SE 4 is expected to deliver significant enhancements while maintaining a more affordable price point compared to flagship models. While Apple has not officially announced a release date, reports suggest that the iPhone SE 4 could launch as early as this week, with availabil

Apple Nears Decision on Foldable Display Supplier: Apple is reportedly finalizing its choice of a core supplier for the foldable display of its upcoming foldable iPhone. According to a source from Apple's supply chain, the decision is expected to be made between late February and early April 2025. The company is said to have strict technical requirements concerning display thickness and hardness, with some suppliers already meeting these demands.

Impact of China’s Export Restrictions on Indian Manufacturing: India’s manufacturing industry is facing significant disruptions due to China’s export restrictions, which are part of the ongoing trade tensions between the United States and China. These curbs primarily affect industries in India that rely on raw materials, machinery, and components from China, such as the solar po

In a significant escalation of trade tensions, China announced on Tuesday that it would ban the export of several key materials, including gallium, germanium, and antimony, to the United States. These materials are vital for high-tech applications, including advanced electronics and military technologies. The Chinese Commerce Ministry's decision follows a recent expansion of the U.S. “entity list,” which now includes 140 Chinese companies—many based in China, though some

Pawan Kalyan, the Deputy CM of Andhra Pradesh, expressed frustration over the continued illegal rice export activities at the Kakinada port. Despite having previously vowed to take action against these operations while in opposition, he found that the illegal trade was still ongoing under the NDA government. During his inspection of the port, Pawan Kalyan discovered that illegal rice shipments were still taking place, prompting him to reprimand Kakinada TDP MLA Vanamadi Venkateswara

The Finance Ministry is set to review the windfall tax on fuel exports, including petrol, diesel, and Aviation Turbine Fuel (ATF), following the stabilization of global crude oil prices. The tax, introduced in July 2022, was implemented to address the substantial profits earned by oil refiners exporting fuel, which had an impact on domestic supplies. The review will assess the tax’s effectiveness and the revenue it has generated, with the Ministry of Petroleum and Natural Gas already re

Apple has officially phased out one of its long-standing accessories—the 3.5mm Lightning to Headphone Jack Adapter—by listing it as “sold out” on its online stores in the US and most other countries. This move signals the end of an era for users who relied on the adapter to connect their wired headphones to newer iPhones that lack the traditional headphone jack. The adapter, which was introduced in 2016 after Apple removed the 3.5mm headphone port from the iP

Donald Trump's victory in the 2024 US presidential election has sent shockwaves through global markets, with countries around the world feeling the effects of his win. The dynamics between nations are shifting, and conflicts are being impacted in new ways, highlighting the significant role Trump plays on the world stage. One country that stands to benefit from Trump's policies is India. With China currently dominating the market as the largest exporter of iPhones, India is

The highly anticipated launch of the Apple iPhone 16 series took place today, generating palpable excitement among consumers across India. Long queues formed outside Apple’s flagship stores in major cities like Mumbai and Delhi, as tech enthusiasts and loyal customers eagerly awaited the chance to buy the latest devices. At the Bandra Kurla Complex (BKC) store in Mumbai, a massive crowd gathered overnight. Customers were particularly interested in the iPhone 16 Pro and iPhone

Apple’s iPhone production in India has seen a remarkable increase, jumping from less than 1% in 2017 to 10% in 2023. According to a report by global investment firm Jefferies, this surge is largely attributed to India's 'Make in India' initiative and the production-linked incentive (PLI) scheme. The company aims to further boost its local manufacturing, with plans to scale up production to 25% of global shipments by 2025. This strategic move aligns with Apple’s goal to