Apple Scores Major Tax Win in India Boosting iPhone Production Surge
India’s Union Budget 2026 delivers a game-changing tax exemption for Apple, clearing hurdles for direct equipment funding and accelerating iPhone manufacturing expansion through partners like Foxconn and Tata. This five-year relief until 2030-31 removes profit tax fears on machinery ownership in export zones, positioning India as Apple’s fastest-growing production hub.
Oakley Meta Vanguard AI Glasses Revolutionize Indian Fitness at Rs 52,300 Launch
Oakley and Meta unveiled the AI-powered Vanguard smart glasses in India on February 3, 2026, tailored for athletes with hands-free 3K video, Hindi AI voice commands, and UPI payments. Priced accessibly at Rs 52,300, these IP67-rated specs bring global performance tech to local runners and cyclists via Sunglass Hut and
SpaceX Acquires xAI in Historic $1.25 Trillion Deal for Orbital AI Revolution
SpaceX announced on February 2, 2026, its acquisition of Elon Musk’s AI powerhouse xAI, forging the world’s most valuable private company at $1.25 trillion and paving the way for groundbreaking space-based data centers. This merger unites rockets, satellites, and cutting-edge AI to conquer Earth’s energy limits for supercomputing. Visionary Push
Malayalam Music Legend SP Venkatesh Passes Away at 70
Renowned music director SP Venkatesh, celebrated for immortalizing Malayalam cinema with timeless hits, died on February 3, 2026, at his Chennai home from a heart attack. The 70-year-old maestro leaves an indelible legacy through over 150 films and 500 songs across multiple languages. Illustrious Career Highlights Born March 5, 1955,
PM Modi’s Masterful Diplomacy Secures 18% US Tariff Cut Without Firing a Shot
Prime Minister Narendra Modi’s tactical silence and strategic patience delivered a stunning diplomatic victory, slashing US tariffs on Indian goods from punishing 50% levels to a competitive 18%—lower than China and even Pakistan. Without flattery, confrontation, or yielding to provocations, Modi turned Trump’s aggressive trade war into a win for
India-US Trade Deal 5 Key Unanswered Questions Amid 18% Tariff Boost
The US-India trade announcement slashing tariffs on Indian exports to 18% delivers vital relief after prolonged uncertainty, positioning exporters for growth while PM Modi champions “Made in India” momentum. Yet vital long-term aspects stay unclear, prompting cautious optimism in markets and boardrooms. FTA or Limited Fix? Unclear if this evolves
Air India Inspects Boeing 787 Fuel Control Switches Amid Safety Probe
Air India conducted urgent inspections on fuel control switches across its Boeing 787 fleet following regulatory directives tied to prior crash investigations. No issues were found in the locking mechanisms, ensuring continued safe operations. Inspection Background The Directorate General of Civil Aviation (DGCA) mandated checks by July 21, 2025, referencing
CJI Warns Meta: Exit India Over WhatsApp Privacy Violations
India’s Chief Justice issued a sharp rebuke to Meta on February 3, 2026, demanding strict compliance with national privacy laws or face exit from the market. The warning targets WhatsApp’s data-sharing practices, vowing no tolerance for compromising user data. Supreme Court Stance Chief Justice Surya emphasized, “You can’t play with
Seafood, Rice Exporters Rejoice: US Tariff Drops to 18% Levels Playing Field
Indian seafood and rice exporters are celebrating the US-India trade deal slashing tariffs from 25% (plus prior penalties) to 18%, restoring competitiveness against Thailand and Pakistan at ~19%. This relief revives stalled orders for shrimp, basmati, and frozen fish in America’s key market, amid record 149 million metric tonne rice
India-US Tariff Cut to 18% Signals Global Shift Toward India: PM Modi
Prime Minister Narendra Modi recently addressed NDA MPs, highlighting India’s strategic trade wins amid shifting global dynamics. He emphasized the new US-India deal reducing tariffs on Indian goods to 18% and the landmark EU Free Trade Agreement (FTA) as proof that “the world is tilting towards India.” Key Trade Milestones
