File photo: Apple CEO Tim Cook (Picture credit: AP) NEW DELHI: Apple’s operations in India shone once again for the US tech and electronics major, which set an all-time revenue record in the country just as it recorded an eight per cent growth in global revenues, at $102.5 billion, led by “a tremendous response” to…
The Unique Identification Authority of India (UIDAI) has set up a high-level expert committee to make Aadhaar technology future-ready, with focus on scalability, data security, and resilience against emerging cybersecurity threats, according to an official statement issued on Friday.The committee, chaired by UIDAI Chairperson Neelkanth Mishra, includes UIDAI CEO Bhuvnesh Kumar, Nutanix founder Dheeraj Pandey,…
The Reserve Bank of India (RBI) on Friday announced the launch of the next round of three key surveys — including one on inflation expectations — aimed at providing critical inputs for formulating monetary policy.The November 2025 round of the Inflation Expectations Survey of Households (IESH) will capture households’ subjective assessments of price movements and…
Growth in bank credit to industry eased to 7.3 per cent in September 2025, compared with 8.9 per cent in the same period a year earlier, according to Reserve Bank of India (RBI) data released on Friday.On a year-on-year basis, non-food bank credit rose 10.2 per cent as of the fortnight ended September 19, 2025,…
Currently, Indian exports face a huge 50 per cent additional import duty in the US. (AI image) India-US trade deal soon? Commerce minister Piyush Goyal has said that India is in advanced stages of talks with the US for a bilateral trade agreement. Goyal’s statement assumes significance as it comes on the back of American…
Businesses that have not filed their pending GST returns for three years or more will no longer be able to do so beginning the November tax period, according to an advisory from the Goods and Services Tax Network (GSTN).The GSTN, which manages the technology backbone of the indirect tax system, said that monthly, quarterly, and…
India’s foreign exchange reserves fell by $6.93 billion to $695.35 billion during the week ended October 24, according to data released by the Reserve Bank of India (RBI) on Friday.In the previous reporting week, overall reserves had risen by $4.50 billion to reach $702.28 billion, PTI reported.The RBI data showed that foreign currency assets (FCA),…
Maruti Suzuki India Ltd on Friday reported an 8% increase in consolidated net profit at Rs 3,349 crore for the September quarter, helped by record export growth even as domestic sales weakened.In the same quarter last fiscal, the automaker had earned Rs 3,102.5 crore, the company said in a regulatory filing, PTI reported. Revenue from…
Eyewear retailer Lenskart Solutions Ltd’s Rs 7,278-crore initial public offering (IPO) was fully subscribed on the first day of bidding on Friday, drawing strong interest from institutional and retail investors, according to exchange data.As per NSE data till 15:06 hours, the issue received bids for 10.58 crore shares against 9.97 crore shares on offer, translating…
After six months of uncertainty, China has resumed shipments of heavy rare earth magnets to India, offering much-needed relief to manufacturers in the electric vehicle, renewable energy and consumer electronics sectors. However, the shipments come with a key condition, the cargo cannot be re-exported to the United States. The supply flow had earlier been halted…
