India’s electronics exports surged by 47 per cent in the April-June quarter of FY26, reaching USD 12.41 billion, with the US, UAE, and China emerging as the top destinations, commerce ministry data showed. The United States alone accounted for a dominant 60.17 per cent share, followed by the UAE (8.09 per cent), China (3.88 per…
India has become the world’s top player in real-time digital payments, largely due to the rapid growth of the Unified Payments Interface (UPI), according to a recent International Monetary Fund (IMF) note titled ‘Growing Retail Digital Payments: The Value of Interoperability’.Launched in 2016 by the National Payments Corporation of India, UPI has revolutionised the country’s…
NEW DELHI: Luxury fashion house Prada has denied violating the Geographical Indication (GI) rights associated with Kolhapuri chappals, after featuring sandals inspired by traditional Indian footwear in its Spring/Summer 2026 menswear collection in Milan.In response to a Rs 500 crore legal notice, Prada’s legal team said it did not use the term ‘Kolhapuri’ or any…
This is an AI-generated image, used for representational purposes only. India is inching closer to a major milestone in its semiconductor journey, with the country expected to produce its first commercial-scale, made-in-India semiconductor chip this year. Union electronics and IT minister Ashwini Vaishnaw made the announcement on Saturday while addressing the 14th convocation ceremony of…
Representative image (AP) Japanese auto major Honda is aiming to capture a 30 per cent share in India’s two-wheeler market by 2030 as part of its broader global strategy to command half of global two-wheeler sales, said Tsutsumu Otani, President of Honda Motorcycle & Scooter India (HMSI). “Considering the Indian market size, we want to…
India’s foreign exchange reserves fell by $3.06 billion to $696.67 billion for the week ended July 11, marking the second consecutive weekly decline, according to data released by the Reserve Bank of India (RBI).The forex kitty had previously decreased by $3.049 billion to $699.736 billion in the week ending July 4.For the week ending July…
Stock market: A busy week ahead, marked by major earnings announcements, global market cues, and multiple corporate actions, is expected to steer investor sentiment as markets resume trading on Monday. This follows after Indian benchmark indices ended the week on a weaker note, with the Nifty declining 0.7%, signaling caution among investors ahead of crucial…
US President Donald Trump’s administration on Saturday imposed new restrictions on flights from Mexico. It also warned of ending the long-standing partnership between Delta Air Lines and Aeromexico, in retaliation to limits imposed by the Mexican government on passenger and cargo flights into Mexico City in recent years.“Joe Biden and Pete Buttigieg deliberately allowed Mexico…
Blackstone has pulled out of a consortium aiming to invest in TikTok’s US operations, adding to growing uncertainty around the deal, sources told Reuters on Friday.The investment group, led by Susquehanna International Group and General Atlantic, both existing investors in TikTok’s parent company ByteDance, had been seen as the front-runner to acquire majority control of…
India’s pain relieving market is soaring to almost Rs 16,000 crore, as more and more people are rushing to use over-the-counter (OTC) pills, sprays and creams to soothe everyday aches and pains.According to Nielsen data cited by industry executives, in the past five years, the segment has grown by more than a billion dollars, becoming…