Economy News ( English version)

Students using Google search in classroom accounts will need access to AI tools, the company says

MCDONALDS/LAWMAKERS-LETTER (EXCLUSIVE):US lawmakers, in letter, question McDonald’s CEO about algorithmic pricing practices 

A spate of cyberattacks involving AI agents from some of the world’s top model makers were down to a human error and time pressures at Israeli security company Irregular Security, according to Chief Executive Officer Dan Lahav.

Apple hit record quarterly revenue in India by pushing device prices above $1,000, but iPhone sales volumes dropped up to 25% as steep price hikes deterred first-time buyers. 

AdaniConneX is reportedly seeking about $1.5 billion in offshore financing for data centres, as Adani and Reliance ramp up investment in AI and digital infrastructure. The expansion reflects India’s growing demand for computing capacity.

During the festive season, India's import of tree nuts and chocolates rose significantly, reflecting a 10-12% annual demand increase. The reduction in goods and services tax has made these gourmet products more accessible to consumers. In 2025, dry fruit imports during this period accounted for a substantial share of annual purchases.

The changes form part of the Foreign Exchange Management (Export and Import of Goods and Services) which came into effect from October 1, 2026. Under the amended regulations, a resident individual exporting services will be deemed to have submitted the Export Declaration Form, or EDF, once the individual provides the authorised dealer bank with the informati […]

"Pistachio have been the game spoiler this year. The prices of pistachio from all origins including Iran, Afghanistan and California have increased," said Ravindra Mehta, member of central governing council at Nuts and Dry Fruits Council of India (NDFC-I). "The current pistachio crop in California is expected to be only about 40% of last year, […]

The NLMC, which is working under the aegis of the Department of Public Enterprises under the finance ministry, also has land assets worth another Rs 4,000-5,000 crore belonging to public sector undertakings (PSUs) in the pipeline. These are at various stages of processing, providing an additional pipeline of potential transactions.

Gaurav Moda, Partner and Energy Industry Leader at EY India said the increase in crude oil prices from an average of $60-65 per barrel to $90-95 has significantly raised India's energy import costs, even as the country continues to prioritise securing supplies amid geopolitical uncertainties.