India has expanded customs duty concessions on machinery and components for lithium-ion batteries, display assemblies and wireless charging modules, keeping the exemptions in place until March 31, 2029 to cut import costs and support domestic electronics manufacturing.
Orgvue’s annual survey finds 55% of business leaders who cut jobs because of AI now believe those layoffs were a mistake, underscoring a gap between automation expectations and workforce planning as some employers even rehire staff.
India and Indonesia expand their strategic partnership with new BrahMos and Astra missile deals, a critical minerals supply-chain framework and joint development of Sabang Port, reinforcing Indo-Pacific security and economic resilience.
Mahindra & Mahindra plans 26 new vehicles by 2031, backed by a ₹9,112 crore FY26 outlay and a ₹15,000-crore Nagpur plant, as Anand Mahindra pushes the group into “attack mode” amid global uncertainty.
Apple has resumed accepting credit and debit cards for App Store and iCloud payments in India after five years, aligning with Reserve Bank of India rules, while Apple Pay remains unavailable.
News
AustralianSuper will invest an extra A$500 million in India’s National Investment and Infrastructure Fund, lifting its India exposure to A$3.3 billion as leaders Narendra Modi and Anthony Albanese deepen economic ties at the Australia-India Annual Leaders’ Summit.
Andhra Pradesh is rolling out the NiVU AI platform across more than 100 tourist destinations over three years, offering free QR code-based, multilingual guidance without app downloads as part of its Swarna Andhra Vision-2047.
Apple has signed a more than $30 billion, multi-year agreement with Broadcom to manufacture over 15 billion custom chips in the U.S., expand Fort Collins facilities, and supply ASIC silicon for Apple devices through 2031, marking the largest commitment under Apple’s $600 billion U.S. investment plan.
India has expanded customs duty concessions on machinery and components for lithium-ion batteries, display assemblies and wireless charging modules, keeping the exemptions in place until March 31, 2029 to cut import costs and support domestic electronics manufacturing.
AI Trends
Meta’s Muse Image AI now uses public Instagram photos by default to generate images, triggering privacy and consent concerns as users must dig into settings to opt out.
Spotlight
The Indian government is reviewing WhatsApp’s upcoming usernames feature over concerns about impersonation, fraud, and user safety before its rollout.
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