Despite Trump's opposition, Foxconn is significantly expanding its Indian operations with a $1.5 billion investment, including dormitories for 30,000 workers. Apple reaffirms its commitment to India as a major manufacturing hub, aiming to produce most iPhones for the US market there.
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Pakistan has expelled an Indian high commission staff member, mirroring India's expulsion of a Pakistani official for alleged spying. This reciprocal action escalates tensions following a terror attack in Jammu & Kashmir and India's subsequent strikes on terror camps. Despite Pakistan's attempted retaliation, a ceasefire was established after discussions between top army officers from both nations.
India's private sector is witnessing a surge in investment, with companies securing a record $11 billion in external commercial borrowings (ECBs) in March 2025. This five-year high, driven by confidence in India's economic prospects, saw approvals granted to firms like Foxconn's Yuzhan Technology and JSW Steel. For FY25, total ECB proposals reached $61.
India's defence exports have surged to a record Rs 23,622 crore in FY 2024-25, marking a 12.04% increase. This boost reflects a 34-fold rise since FY 2013-14. The success of 'Make in India' weapon system has been highlighted by Operation Sindoor.
Jayant Narlikar, the esteemed astrophysicist and founder of IUCAA, died in Pune on Tuesday. Born in 1938, he studied at Cambridge and later contributed significantly to cosmology, advocating alternative models to the Big Bang theory. Narlikar was also a celebrated science communicator and author, survived by his three daughters, all scientists, following the passing of his wife in 2023.
Bharatiya Janata Party criticized Congress leader Rahul Gandhi. The criticism is regarding Gandhi's remarks on Operation Sindoor. BJP accused Gandhi of echoing Pakistan's views. Amit Malviya shared an image linking Gandhi to Pakistan's military chief. Gandhi questioned the government about Indian aircraft losses. He alleged a forewarning to Pakistan. The Ministry of External Affairs rejected Gandhi's claims.
Indian Premier League 2025 is set to resume on May 17 after a week of unexpected events. Royal Challengers Bengaluru will host Kolkata Knight Riders to restart the league. Mumbai Indians have resumed training, including Rohit Sharma. The team will face Delhi Capitals on May 21. Gujarat Titans and RCB currently lead the points table.
Ravi Shastri revealed that a hunch during the 2019 World Cup led to Rohit Sharma's promotion to Test opener. Shastri believed Rohit's aggressive ODI approach could translate to Test success, convincing Virat Kohli to implement the change. Rohit seized the opportunity, scoring twin centuries in his first match as opener and transforming his Test career.
The All India Consumer Price Index (CPI) or retail inflation for the month of April 2025 eased to 3.16% compared to April 2024. The food inflation experienced a significant reduction of 91 basis points in April 2025 compared to March 2025, marking its lowest point since October 2021.
Zerodha's Nikhil Kamath questioned Bengaluru police officials about VIP traffic exemptions in his podcast. Commissioner Dayananda admitted preferential treatment for high constitutional post holders due to security concerns. Joint Commissioner Anucheth clarified that priority signaling is based on security needs, not widespread privilege. Both commissioners agreed that fewer individuals receiving such treatment would be preferable.
Neeraj Chopra made history at the Doha Diamond League on Friday, May 16, 2025, becoming the first Indian javelin thrower to surpass the 90-metre mark with a stunning 90.23-metre throw. Under the guidance of new coach Jan Železný, Chopra dominated the competition, outperforming world-class athletes and setting a promising tone for the upcoming season.