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Donald Trump tells Apple's Tim Cook not to manufacture iPhones in India

Donald Trump tells Apple's Tim Cook not to manufacture iPhones in India

US President Donald Trump asserted that he spoke to Apple Inc CEO Tim Cook in Doha, Qatar and told him there is no need to construct factories in India unless it is to serve that market specifically.

“I had a little problem with Tim Cook yesterday,” Trump said of his conversation with the Apple chief executive in Qatar, where he is on a state visit.

PV sales rise 3.9% in April; two-wheelers down 16.7% on high base

PV sales rise 3.9% in April; two-wheelers down 16.7% on high base

Passenger vehicle wholesales got off to a positive start in fiscal 2025–26, registering nearly 4 per cent growth in April to 348,847 units.

Data released by the Society of Indian Automobile Manufacturers (SIAM) showed that two-wheeler performance disappointed in April — dropping by 16.7 per cent to 1.45 million units.

President Murmu flags SC overreach, seeks clarity on assent timelines

President Murmu flags SC overreach, seeks clarity on assent timelines

Amid escalating friction between the executive and the judiciary, President Droupadi Murmu has invoked Article 143 of the Constitution to seek the Supreme Court’s opinion on 14 key legal questions concerning the roles and powers of the President and Governors. These queries focus particularly on whether the top court can impose timelines on constitutional authorities for granting assent to bills, and the extent of its powers under Article 142 to ensure “complete justice".

IMF disburses $1.023 bn tranche to Pak; to hold discussions about budget

IMF disburses $1.023 bn tranche to Pak; to hold discussions about budget

The International Monetary Fund has disbursed a second tranche of $1.023 billion under the Extended Fund Facility programme for Pakistan, the central bank said on Wednesday.

The disbursement of the second tranche comes on a day when the International Monetary Fund (IMF) is holding virtual discussions on Pakistan's upcoming budget as the visit of its mission to Islamabad was delayed due to security concerns in the region.

KPI Green Energy Q4 results: Net profit sees over 2-fold jump to Rs 104 cr

KPI Green Energy Q4 results: Net profit sees over 2-fold jump to Rs 104 cr

KPI Green Energy on Wednesday said its net profit more than doubled to Rs 104.18 crore in the quarter ended March 31, 2025, on account of higher revenues.

The company had posted a net profit of Rs 43.04 crore in the January-March period of the preceding 2023-24 financial year, the KP Group company said in a regulatory filing.

Cabinet approves HCL-Foxconn joint venture under semiconductor mission

Cabinet approves HCL-Foxconn joint venture under semiconductor mission

The Union Cabinet on Wednesday approved a semiconductor manufacturing facility by HCL and Foxconn under the India Semiconductor Mission.

“Already five semiconductor units are in advanced stages of construction. With this sixth unit, Bharat moves forward in its journey to develop the strategically vital semiconductor industry,” the government said.

BSF jawan caught at Attari border by Pakistan released after 21 days

BSF jawan caught at Attari border by Pakistan released after 21 days

Pakistan has handed over Border Security Force (BSF) jawan Purnam Kumar Shaw, who was in the custody of Pakistan Rangers since April 23. The exchange took place peacefully today at around 10:30 am at the Attari border in Amritsar Punjab.

BSF officials said the handover was carried out smoothly and followed the usual procedures between the two countries.

Jio Credit raises Rs 1,000 crore in maiden bond issue at 7.19% yield

Jio Credit raises Rs 1,000 crore in maiden bond issue at 7.19% yield

Jio Credit, a wholly-owned subsidiary of Jio Financial Services, has raised Rs 1,000 crore through maiden bond issuance, selling bonds maturing in 2 years and 10 months at a cutoff yield of 7.19 per cent, sources said.

The issue included a base size of Rs 500 crore and a greenshoe option of Rs 500 crore.

Tata Motors Q4 results: Net profit declines 51% to ₹8,556 cr, income flat

Tata Motors Q4 results: Net profit declines 51% to ₹8,556 cr, income flat

Tata Motors reported a consolidated net profit of ₹8,556 crore in the fourth quarter of financial year 2024-25, this marks a decline of 51.2 per cent from last year's Q4 result of ₹17,528 crore.

The automaker has declared total income of ₹121,012 crore in the Q4 FY25, the company had reported ₹120,431 crore total income in the corresponding quarter of previous financial year.

At least 14 die after consuming spurious liquor in Amritsar, 7 arrested

At least 14 die after consuming spurious liquor in Amritsar, 7 arrested

At least 14 people have died in Punjab's Amritsar district after allegedly consuming spurious liquor, leading to the arrest of seven accused, officials said on Tuesday.

Police said six people have been hospitalised with complications caused by hooch.

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