Moody's Ratings has slashed India's economic growth projections for the current fiscal to 6%, from 6.8% earlier. The credit ratings agency said the US-Israeli war against Iran and its impact on the global energy market will weigh on India's growth momentum and heighten inflation risks.
Thousands of Oracle employees in India have received layoff notices as part of what the company described as a 'reduction in force and other terminations.' Indian outlets said between 10,000 and 12,000 employees in the country could be affected.
The UK digital entertainment sector hit £13.5 billion in revenue in 2025, reflecting a 7.1% year-over-year growth, significantly outpacing the general economy's growth rate of 1.3%.
Apple is now manufacturing 25% of its iPhones in India - hitting a milestone JPMorgan predicted back in 2022 - as part of its long-term plan to reduce its reliance on China. Last year, India accounted for 55 million iPhones of the roughly 220 million to 230 million produced worldwide.
The banking services on the Fi app will soon be discontinued; however, your Savings Account with Federal Bank remains active and fully operational. Your funds remain completely safe and accessible at all times. The company said in the email, reviewed by TechCrunch.
The integration of 5G, AI-enabled productivity features, and smart note-taking capabilities is repositioning tablets beyond media consumption toward everyday productivity. As notebook prices rise, detachable tablets in particular are emerging as a practical, cost-effective alternative for students and young professionals.
Pandemic-driven lockdowns exposed many people in India to PCs for the first time, expanding the country's PC userbase and creating demand for upgrades as those devices age. Growing digitization, rising PC adoption among startups and small businesses, and wider availability of devices in smaller cities have also supported demand.
25% of all new iPhones are now made in India. An estimated 55 million iPhones were manufactured in India last year, up from 36 million in 2024. India's rise as a top iPhone manufacturing hub began back in 2017 with the iPhone SE, with the iPhone 6s joining it a year later.
Speaking on the sidelines of the World Economic Forum 2026, India's IT Minister Ashwini Vaishnaw is now claiming that the country will soon have its own smartphone brand (or brands, plural), and promises the Indian government has done all the "homework" required for such an endeavor. This brand (or these brands, it's unclear if we're talking about one or more) will be launched within the next 12 to 18 months and will be "global".
Indian Prime Minister Narendra Modi's government has unveiled its annual budget, aiming for steady growth in an uncertain global economy rocked by recent tariff wars. Finance Minister Nirmala Sitharaman presented the budget for the 2026-2027 financial year in Parliament on Sunday, prioritising infrastructure and domestic manufacturing, with a total expenditure estimated at $583bn. India's economy has so far weathered punitive tariffs of 50 percent imposed by United States President Donald Trump over New Delhi's imports of Russian oil.
Inspired by '70s assembly lines and workshops, the duo-floor space offers personalized service to the brand's range of smartphones and audio products, and comes with studio space for social media content creators. It also features a community hangout zone with vending machines, claw games and conveyor belt displays, and a coffee shop in collaboration with Practically SoBar. The brand said the store will also host meetups and collaborations with local creators in the future, and offer Nothing brand merch.
India became the world's largest market for generative AI app downloads in 2025, according to market intelligence firm Sensor Tower, widening its lead over the U.S. as installs jumped 207% year-over-year. Companies including OpenAI, Google, and Perplexity rolled out extended free premium offers to accelerate user growth in the price sensitive market.
Deere & Co. ( NYSE: DE) ranks sixth for its positioning in India's agricultural mechanization drive, where significant productivity gaps represent a substantial equipment opportunity. Deere reported Q4 2025 revenue of $12.39 billion, up 14% year-over-year. Its Construction & Forestry segment surged 27% to $3.38 billion, demonstrating strength in infrastructure-related markets. CEO John May stated, "We believe 2026 will mark the bottom of the large ag cycle," positioning the company for recovery as emerging markets drive demand.
With an eye toward luring more AI investment to the country, India is hosting a four-day AI Impact Summit this week that will be attended by executives from major AI labs and Big Tech, including OpenAI, Anthropic, Nvidia, Microsoft, Google, and Cloudflare, as well as heads of state. The event, which expects 250,000 visitors, will see Alphabet CEO Sundar Pichai, OpenAI CEO Sam Altman, Anthropic CEO Dario Amodei, Reliance Chairman Mukesh Ambani, and Google DeepMind CEO Demis Hassabis in attendance.
We wanted to create a fun space. It is kind of inspired by all the parts that are related to the brand. For instance, the factory: if you buy a product, there's like a production line where the product comes out. We also show machines where phones go through testing, like USB port testing or water resistance testing. So we just wanted to bring that world together,
Now platforms have three hours to remove content requested by authorities. Previously, they had a 36-hour window to take down such content. Under India's IT rules, authorities can order the removal of content deemed illegal under any of its laws, including those related to national security and public order. India's new rules require labelling of AI content It will also be mandatory for platforms like Instagram, TikTok, Facebook and YouTube to clearly label what the government calls "synthetically generated information."
