Sona Comstar to Make Magnets in India, Cut Reliance on China
Monday, June 30, 2025
The crisis in West Asia and its aftereffects on Red Sea shipping routes are seriously hurting the trade calculations of several nations, as if the war in Ukraine hadn't already caused enough damage to global supply lines.
According to a survey released on Wednesday, salaries in India are predicted to rise by 9.5% this year as sectors like manufacturing and infrastructure continue to see strong development.
Recent developments in the Red Sea highlight the necessity for establishing multiple connectivity routes, according to External Affairs Minister S Jaishankar.
India is vying against its strategic allies, including the US and Europe, to attract semiconductor manufacturers.
Speculation about Apple's forthcoming iPhone 16 is gaining momentum, with recent leaks suggesting a significant overhaul in the camera design.
India’s exports have shown resilience despite challenging circumstances, reports CRISIL, but sustaining this trend remains uncertain. In January, merchandise exports rose by 3.1% year-on-year to $36.92 billion, a noteworthy improvement from December'