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

iPhone becomes India's top single export item worth $23 billion last year

Apple Inc.'s iPhone became India's top single export item in 2025, with shipments worth $23 billion, largely to the US, driven by the government's PLI scheme and supply chain diversification from China. Smartphones emerged as India's leading export category with Apple contributing 76 per cent. Feb 23, 2026
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Trump weighs strike as Iran allies hold back

While Iran has strengthened ties with China and Russia — including recent naval drills in the Gulf of Oman and planned exercises in the Strait of Hormuz — both nations appear reluctant to provide direct military support in a conflict with the US. Feb 23, 2026
The 30-share Sensex closed at 83,450.96, rising 173.81 points or 0.21 per cent. The broader Nifty settled at 25,725.40, up 42.65 points or 0.17 per cent.

Market cap of six top-10 firms jump Rs 63,478 crore

The broader market also ended the week on a positive note, as the 30-share BSE Sensex advanced 187.95 points, or 0.22 per cent. Among the gainers, Larsen & Toubro saw its market capitalisation jump by Rs 28,523.31 crore to Rs 6,02,552.24 crore. Feb 22, 2026