India

News

Apple Takes Flight: 600 Tons of iPhones Airlifted from India to Outsmart New Tariff Policies

Apple, which produces and assembles most of its iPhones in China, has accelerated its production capacities in India, bringing about 1,5 million smartphones from the Indian manufacturing hub via aircraft cargo in less than a month.

Finance & Economics

Canada and India Look to Reset Ties in Counter to US Tariffs

The media reports that Canada and India are currently taking measures aimed at reducing the level of diplomatic tension between the countries, as Ottawa and New Delhi seek to strengthen trade ties at a time when their economies will have to cope with the challenge of tightening the United States trade policy in the context […]

News

Western Union & HCL Technologies to Revolutionise Remittance With AI-Driven Tools

Money transfer leader Western Union has united efforts with Indian multinational IT company HCL Technologies (HCLTech), reversing the trend of remittance players using little to no AI.

News

Lam Research to Invest Over $1 Billion in India

United States-based chip toolmaker company Lam Research said it will invest more than 100 billion rupees ($1.2 billion) in the southern Indian state of Karnataka in the next few years.

News

Cashfree Payments Secures $53M to Boost Market Reach

The Indian fintech startup Cashfree Payments has raised $53 million in a Series C funding round to accelerate the market growth of its innovative payment solutions across multiple digital sectors.

Blockchain & Crypto

Indian Crypto Holders Face Penalty on Undisclosed Gains

In India, cryptocurrency traders may face significant tax penalties due to previously undisclosed profits under new amendments to the tax legislation of this South Asian country.

News

UPI Transactions Halt for Select Apps

UPI app users are advised to check with their service providers to confirm compliance with the new guidelines, ensuring uninterrupted transactions flow.

Science & Technology

India Joins GenAI Race

India is planning a GenAI project tailored to the nation’s unique cultural and linguistic diversity.

News

Slice Bank Seeks Financing to Expand

Indian fintech Slice Bank is looking to raise between $250-$300 million to expand its offering with merchant services.

Fintech & Ecommerce

Digital Payments Surge in Non-Metro Cities of India

The digital payment revolution in India has extended beyond its major metropolitan areas and is now thriving in non-metro cities as well.

Fintech & Ecommerce

Trading Platform Groww Considers 2025 IPO

India’s largest retail stock trading platform Groww is eyeing an initial public offering (IPO) this year.

Science & Technology

Microsoft to Invest $3 Billion in India

Microsoft chief executive officer Satya Nadella announced last Tuesday, January 7, that the company would spend $3 billion to expand its Azure cloud and artificial intelligence capacity in India.

Fintech & Ecommerce

BRISKPE Launches Unified Cross-Border Payment Platform for Indian MSMEs

The new BRISKPE platform integrates account-to-account (A2A) transfers, as well as card and wallet-based collections powered by PayU and PayPal.

Finance & Economics

Indian Startup Funding Witnesses 20% Growth

In 2024, the Indian startup ecosystem recovered strongly, with funding exceeding $12 billion across 993 deals.

News

OfBusiness Launches Nexizo: AI-Driven Platform for Empowering Indian SMEs

OfBusiness introduced Nexizo.AI, an AI-empowered platform designed to enhance growth and efficiency for small and medium enterprises (SMEs) operating in India, particularly in the infrastructure and manufacturing sectors.

News

India Sees Economic Growth at 6.5%

The Indian government partially blamed the central bank of this South Asian country for the tight monetary policy, saying that the corresponding strategy of the financial regulator is the reason for the weak performance of the local economy, and stating expectations that growth in the second half of fiscal year is likely to accelerate amid […]