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Apple's iPhone exports from India cross $50 billion under PLI scheme

Apple's iPhone exports from India cross $50 billion under PLI scheme

The figure is expected to rise further, with three months still remaining in Apple's five‑year PLI window. In the first nine months of FY26, iPhone exports stood at nearly $16 billion, pushing cumulative shipments during the PLI period beyond the $50‑billion mark. Jan 5, 2026
Sensex, Nifty open lower amid weak global cues

Sensex, Nifty post mild losses over latest geo-political tensions

Even as Indian companies showed signs of improving quarterly earnings, optimism was blunted by caution over the implications of US military action in Venezuela. As of 9.30 am, Sensex eased 62 points, or 0.07 per cent to 85,699 and Nifty gained 9 points, or 0.03 per cent to 26,319. Jan 5, 2026
Who is Indian American Pulkit Desai, sworn in as Parsippany mayor after tight race

Who is Indian American Pulkit Desai, sworn in as Parsippany mayor after tight race

Desai, a Democrat, won the mayoral race after provisional and vote-by-mail ballots overturned an earlier lead held by Republican incumbent James Barberio. Final counts showed Desai ahead by a narrow margin, with Democrats also winning two council seats and securing control of the township council. The swearing-in took place on Saturday. Jan 5, 2026
US takeover of oil-rich Venezuela reflects race for hard power: Uday Kotak

US takeover of oil-rich Venezuela reflects race for hard power: Uday Kotak

The veteran banker had pointed out in his year-end views that the world has become less tolerant of alternative points of view and has become more transient and transactional in relationships, with the dominance of hard power over soft power. He highlighted that the race between countries is getting more intense and less mindful of consequences. Jan 4, 2026
DGCA bans use of power banks for charging devices during flights

DGCA bans use of power banks for charging devices during flights

The Director General of Civil Aviation had earlier, in November, issued a Dangerous Goods Advisory Circular that allowed power banks and spare lithium batteries only in hand baggage. These items are strictly prohibited from being stored in overhead compartments, as fires in overhead bins are difficult to detect and control. Jan 4, 2026
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