Trump threatens Apple of steep 25% tariffs over overseas iPhone production
Former U.S. President Donald Trump has threatened to impose a 25% tariff on Apple’s iPhones and other products unless the company relocates its assembly operations for devices sold in the United States from overseas to domestic factories.…
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US-India trade deal deadline looms amid tariff concerns
India and the United States are working intensively to announce an interim trade agreement before 8 July, as a 26 per cent reciprocal tariff imposed by Washington on Indian goods is set to take effect unless a deal is reached. The…
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Foxconn’s $1.5 billion investment cements Chennai as Apple’s new manufacturing hub
Apple’s strategic shift away from China has taken a significant step forward with a $1.5 billion investment by its top supplier, Foxconn, in a new manufacturing facility near Chennai, Tamil Nadu. The investment, routed through Foxconn’s…
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Japan’s exports jump, but US tariff threat looms large
Japan's exports experienced an upswing in January, propelled by robust automobile exports to the United States, although the shadow of potential new tariffs looms. Data from the Finance Ministry reveals that total exports in January…
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Adani showcases financial strength amid debt concerns
Billionaire Gautam Adani's conglomerate, the Adani Group, has asserted its financial strength, claiming it can sustain growth without relying on external debt. In a presentation to investors on November 25, 2024, the group highlighted its…
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Reliance-Disney joint venture aims to transform Indian entertainment
Reliance Industries Limited (RIL) has successfully finalised its merger with the Indian operations of Walt Disney, creating a joint venture valued at approximately ₹70,352 crore (around $8.5 billion). This significant consolidation of media…
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India and Canada expect trade ties to remain strong amid tensions
Despite recent tensions between India and Canada over diplomatic issues, both nations are optimistic about maintaining robust trade ties. Officials from both countries have emphasized that their economic relationship remains strong and…
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Elon Musk trying to build pressure over Tesla’s India debut?
Elon Musk, the CEO of Tesla, has postponed his planned trip to India, which was scheduled for April 22, where he was to meet Prime Minister Narendra Modi and announce plans to enter the South Asian market.
Musk was expected to announce…
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Robust roadmap for Tesla’s entry into India
India is gearing up for the entry of Tesla, the electric vehicle (EV) giant, with a focus on creating a robust infrastructure for EV adoption. The Indian government is working on a comprehensive plan to facilitate the entry of Tesla, which…
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Tata Technologies stock rises 7% over JV with BMW for developing automotive software
Tata Technologies witnessed a significant surge in its stock price, rising by 7% on April 2nd, driven by the announcement of a strategic joint venture with BMW Group. This collaboration marks a pivotal moment for both companies as they join…
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