top of page
Long-time Chief Executive Officer Ben Silbermann of Pinterest would step down, handing over the reins of the social media platform to Google...

Stock Market

Google executive to take over as a new CEO of Pinterest

Top accounting firm Ernst & Young has been slammed with a record $100 million fine from the US government...

Stock Market

Accounting firm gets 100 million fine for faulty regulations

The Indian rupee slipped into a fresh low today and extended losses against the US dollar.


The rupee tumbled to a new low against the dollar in the midst of an increase in crude oil price

Wall Street saw a sharp fall at its closing in a broad sell-off. Consumers' worries over recession have sparked up...

Stock Market

Wall Street Lose Balance after recession strikes growth fear among consumers’

Soaring inflation may be pushing the US economy into a deep recession. Last week's 0.75% interest rate hike by the Federal Reserve...

Stock Market

Inflation ringing the recession bell - Mohammed Shaheen

Stock Market

11 Apr 2022

Apple Begins iPhone 13 Production in India

The Index Today

Apple Inc. on Monday announced that it has begun manufacturing iPhone 13 in India as the tech giant seeks to slash its dependence on its Chinese supply chain.

According to Reuters, Foxconn’s plant in Sriperumbudur, Tamil Nadu, is the focus of iPhone 13’s manufacture in India. The iPhone 13 is the fourth iPhone model to be manufactured domestically after Apple commenced production in the country in 2017 with the iPhone SE model.

This comes as Apple continues to move its iPhone production efforts from China to India, which is the second largest smartphone market in the world. American companies have, of late, been looking at other countries like India, Mexico and Vietnam to expand their production initiatives as they make the shift from China.

Clay pottery with table linens
bottom of page