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Apple tells Delhi HC: CCI's global turnover penalty rule risks $38-bn fine

Apple tells Delhi HC: CCI's global turnover penalty rule risks $38-bn fine

iPhone maker Apple Inc has told the Delhi High Court that the Competition Commission of India’s (CCI’s) amended law, which allows penalties to be calculated on the basis of a company’s global turnover rather than its India-specific revenue, is “arbitrary” and could expose it to a penalty of nearly $38 billion, according to the petition reviewed by Business Standard.

India rejects IMF view that US tariffs will stay indefinitely, hit growth

India rejects IMF view that US tariffs will stay indefinitely, hit growth

The Indian government has expressed its disagreement with the IMF staff’s ‘baseline’ assumption that the 50 per cent US tariffs on its goods exports ‘would remain in place indefinitely’, based on which the staff pegged the country’s GDP growth at 6.6 per cent this year, and pared its 2026-27 projection by 2o basis points to 6.2 per cent. It linked the growth drag next year to the “high US tariffs — assumed to persist under the baseline, dent external demand and investment.”

US puts immigration requests from Afghans on hold after Washington shooting

US puts immigration requests from Afghans on hold after Washington shooting

The US on Wednesday (local time) stopped the processing of all immigration requests from Afghanistan citizens after two National Guard troops were shot near the White House in Washington.

Taking to X, the US Customs and Immigration Services, said, "Effective immediately, processing of all immigration requests relating to Afghan nationals is stopped indefinitely pending further review of security and vetting protocols."

Safran open to M88 engine plant in India if more Rafales are ordered: CEO

Safran open to M88 engine plant in India if more Rafales are ordered: CEO

French aerospace and defence major Safran is open to establishing a final assembly line (FAL) for M88 engines and other critical equipment, which power Rafale aircraft, in India if the Indian armed forces decide to place additional sizable orders for these planes, its chief executive officer Olivier Andries said on Wednesday.

NRC real intent behind special voter roll revision, alleges Mamata Banerjee

NRC real intent behind special voter roll revision, alleges Mamata Banerjee

West Bengal Chief Minister Mamata Banerjee on Wednesday claimed NRC was the real intent behind the special intensive revision (SIR) of electoral rolls.

Speaking to reporters after garlanding the statue of BR Ambedkar at Red Road on the occasion of Constitution Day, Banerjee said the citizenship of people is being questioned after so many years of Independence.

Constitution a promise of equality and justice for all: Rahul Gandhi

Constitution a promise of equality and justice for all: Rahul Gandhi

Leader of Opposition in Lok Sabha, Rahul Gandhi, on Wednesday, greeted the public on Constitution Day, echoing the principles of equality and justice.

In an X post, Rahul Gandhi said that the Constitution is not merely a book, but a "sacred promise" to citizens of the country.

First time in 66 years! India lose five home Tests in span of seven games

First time in 66 years! India lose five home Tests in span of seven games

The Indian cricket team’s struggle in red-ball cricket continued at Guwahati as South Africa beat them by a mammoth margin of 408 runs in the second Test of the two-match series to secure the series 2-0. South Africa won the first Test by 30 runs in Kolkata.

PM Modi inaugurates Safran's new aircraft engine MRO facility in Hyderabad

PM Modi inaugurates Safran's new aircraft engine MRO facility in Hyderabad

Prime Minister Narendra Modi on Wednesday virtually inaugurated the Safran Aircraft Engine Services India (SAESI) facility in Hyderabad. The launch took place through video conferencing, connecting him to the site located inside the GMR Aerospace and Industrial Park -- SEZ at the Rajiv Gandhi International Airport.

Canada's citizenship reform: Big relief for Indian-origin families

Canada's citizenship reform: Big relief for Indian-origin families

Canada on Friday moved a step closer to modernising its citizenship-by-descent rules after Parliament approved a Bill that could reshape the lives of thousands of Indian-origin families.

In a statement, the Canadian government said the approval of Bill C-3, which amends the Citizenship Act (2025), marked a key moment in its effort to make the law more inclusive while keeping the value of Canadian citizenship intact.

Air India, Akasa, IndiGo cancel flights after Ethiopia volcano erupts

Air India, Akasa, IndiGo cancel flights after Ethiopia volcano erupts

Indian airlines, including Air India and Akasa Air, on Tuesday said that they were cancelling some flights in the wake of the ash plumes from a volcanic eruption in Ethiopia disrupted operations.

In a post on X, Air India mentioned that a total of 11 flights were cancelled since Monday, when the ash plume was first seen entering the Indian airspace.

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