Tag: supply chain

Rubio Urges Allied Action to Secure Critical Minerals Supply Chain

World
US Senator Marco Rubio calls for multilateral solutions with allies to build a resilient critical minerals supply chain, reducing reliance on China.

Budget 2026 Extends Tax Relief, Boosting iPhone Manufacturing in India

Tech
India extends concessional import duty on phone parts to 2031, providing long-term certainty for Apple and electronics makers to scale production.

Budget 2026: India to Build Rare Earth Corridor to Cut China Reliance

Science
India announces a Rs 12,500 crore Rare Earth Mineral Corridor in Budget 2026 to secure supply chains for EVs, defence, and green tech, reducing dependence on imports.

India Slips to 6th in Asia Manufacturing Index as China Holds Top Spot

Business
A 2026 report reveals India's manufacturing competitiveness is hampered by high costs and low productivity, raising concerns for the 'Make in India' initiative.

EU Proposes Mandatory Ban on Chinese Vendors in Telecom, Energy

World
The EU plans a binding law to curb Huawei and other Chinese vendors from 5G and critical infrastructure, shifting from voluntary rules to a unified security stance.

Billionaire Warns US Taiwan Chip Strategy Risks Chinese Invasion

World
Howard Lutnick says making Taiwan a semiconductor capital makes it a target for China, urging US to focus on domestic production instead.

boAt Scales Domestic Manufacturing to 76% with Localization Push

Tech
boAt's India manufacturing surges to 76% with over 75 million units produced locally. Learn how their component-level strategy drives growth and cost savings.

Apple Shares Rise as iPhone Holiday Sales Forecast Beats Expectations

Business
Apple shares gain 2% as strong iPhone 17 holiday forecast signals sales rebound despite China supply delays, maintaining premium valuation among tech giants.

India Grants First Licenses for Chinese Rare Earth Magnet Imports

Business
Three Indian companies secure approvals to import vital rare earth magnets from China, easing supply bottlenecks for automotive and electronics manufacturers.

UPS Cuts 48,000 Jobs in Major Restructuring to Boost Profits

Business
UPS eliminates 48,000 positions amid Amazon slowdown and Trump tariffs. Stock surges 7% despite falling revenue as company focuses on higher-margin business.

Amazon Automation Could Replace 1,60,000 Warehouse Jobs by 2027

Tech
Internal documents reveal Amazon's ambitious automation plans that may eliminate over 6,00,000 hiring needs by 2033 while saving billions in operational costs.

Japan’s First Female PM Sanae Takaichi Ushers in New Economic Era

World
Sanae Takaichi becomes Japan's first female prime minister, promising economic reforms and stronger India ties. Markets rally on 'Takaichi trade' expectations.