Explained: How India became world leader in smartphone manufacturing

IANS | August 13, 2025 4:18 PM

New Delhi, Aug 13 (IANS) India has surpassed China to emerge as the leading supplier of smartphones to the United States, driven by the government's 'Make in India' initiative, Apple's relocation of its operations to India, and US importers frontloading their inventory amid tariff uncertainties.

India's economy continues on fast-growth track: CEA Nageswaran

IANS | August 13, 2025 4:04 PM

Mumbai, Aug 13 (IANS) The overall momentum of the Indian economy has not slowed, as is evident from high-frequency indicators and although trade-related issues are important, they should not overshadow other critical challenges, the government's Chief Economic Advisor (CEA) V. Anantha Nageswaran said on Wednesday.

TRAI releases manual to assess properties for digital connectivity

IANS | August 13, 2025 4:02 PM

New Delhi, Aug 13 (IANS) The Telecom Regulatory Authority of India (TRAI) on Wednesday issued the Manual for Rating of Properties for Digital Connectivity, the country’s first standardised framework to evaluate how effectively buildings are equipped for high-speed, reliable digital access.

Samvardhana Motherson’s Q1 net profit drops 44.7 pc

IANS | August 13, 2025 3:16 PM

Mumbai, Aug 13 (IANS) Indian multinational manufacturer of automotive components Samvardhana Motherson on Wednesday reported a sharp year-on-year (YoY) drop of 44.76 per cent in profit to Rs 606 crore for the first quarter of the financial year 2025-26 (Q1 FY26) compared to Rs 1,097.2 crore in the same quarter previous fiscal (Q1 FY25).

India, Singapore cement ties amid global uncertainties

IANS | August 13, 2025 3:07 PM

New Delhi, Aug 13 (IANS) The India-Singapore relationship is evolving into a deepening partnership, in which New Delhi is re-crafting its diplomacy to serve a clear economic and strategic purpose in today’s uncertain world.

India’s stand vindicated as Pakistan fails to meet IMF loan conditions again

IANS | August 13, 2025 2:20 PM

New Delhi, Aug 13 (IANS) With Pakistan failing to meet three out of the five targets fixed by the International Monetary Fund for the second review of the $7 billion bailout package, India’s stand has been vindicated that Islamabad has been a prolonged borrower, with a very poor track record of implementation and adherence to the IMF's programme conditions

Matrimony.com clocks 40 pc decline in its Q1 net profit

IANS | August 13, 2025 2:14 PM

Mumbai, Aug 13 (IANS) Chennai-based online matchmaking company Matrimony.com on Wednesday reported a 39.5 per cent year-on-year (YoY) drop in its profit for the first quarter of the financial year 2025-26 (Q1 FY26).