S&P Global Ratings has revised India’s GDP growth forecast for the fiscal year 2025-26 downward to 6.3%, citing rising concerns over the ripple effects of the United States’ shifting tariff …
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Companies
India’s M&E Industry Set to Hit $100 Billion: Ambani Champions Tech-Driven Creative Boom
by admin477351India’s media and entertainment (M&E) sector is poised for explosive growth, expected to more than triple to $100 billion within the next decade, according to Reliance Industries Chairman Mukesh …
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Former President Donald Trump has doubled down on his sweeping 145% tariffs on Chinese goods, asserting that China will “eat” the cost of the levies rather than pass them onto …
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Companies
Apple Beats Q2 Expectations, Shifts U.S. iPhone Production to India Amid Tariff Risks
by admin477351Apple Inc. has reported stronger-than-expected results for its fiscal second quarter, posting $95.36 billion in revenue and earnings of $1.65 per share, surpassing analyst expectations. iPhone sales were particularly robust …
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Tech
‘Made in India’ iPhones to Power US Market Amid Rising Tariffs on China: Apple CEO
by admin477351Apple is set to shift the majority of its iPhone production for the US market to India in the June 2025 quarter, marking a strategic pivot in response to escalating …
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Companies
Amazon Cloud Growth Slows Amid Microsoft Sue, But Q2 Sales Outlook Offers Relief
by admin477351Amazon reported weaker-than-expected cloud revenue and operating income forecasts for the first quarter, raising concerns about the performance of its cloud unit, Amazon Web Services (AWS). AWS revenue rose 16.9% …