Business

‘India to continue as world’s fastest-growing economy’, says PM ModiSpeaking at the Global Investors Summit in Madhya Pradesh, the prime minister said, ‘In the history of India, this is the first time that the entire world is so optimistic for the country’Prime Minister Narendra Modi addressing the Global Investors Summit in Madhya Pradesh. Image courtesy: Screengrab from X.com/@narendramodi

UK-India FTA talks: Commerce Minister Goyal says easing visa issuance on the agenda, but…Regarding visas and business mobility, Goyal said there is a need for faster and more liberal visa issuance to expand trade and investment between India and the UKIndia’s Commerce Minister Piyush Goyal. Reuters file

Bitcoin price tanks below $92,000 mark, crypto investors lose $100 billion as Trump tariff threat loomsThe selloff in risk assets, including Bitcoin, began last week, spurred by worries over the US economy. The slide was exacerbated by President Donald Trump’s escalating tariff threats and the Federal Reserve’s hawkish stance on interest ratesBitcoin’s volatility and lack of intrinsic value have been long-standing criticisms. Image Credit: Reuters

RIL Chairman Mukesh Ambani pledges Rs 50,000 crore investment in AssamAmbani vowed to invest Rs 50,000 crore in the northeastern state over the course of next 5 years in an address at the Advantage Assam 2.0 event. Previously, he had announced an investment of similar amount in West BengalRIL chairman Mukesh Ambani. File photo

‘Act East, Act Fast, and Act First’: RIL chairman Mukesh Ambani lauds PM Modi’s vision for Assam | Full speechAmbani outlined five key priority areas, including digital transformation, clean energy initiatives, a mega food park, expansion of Reliance Retail stores, and a seven-star Oberoi hotel in AssamReliance Industries Limited (RIL) Chairman Mukesh Ambani speaks at Advantage Assam 2.0

Meta bets big on AI to automate entire ad creation process by 2026; major brands remain cautiousThe Facebook and Instagram parent company already offers AI tools that generate variations of existing ads, tweak them, and identify suitable audiences. Now, it’s working to let advertisers build entire campaigns from scratch using AIMeta is looking to move ad content creation to fully be outsourced to AI. Image Credit: Reuters

Indonesia to finally lift iPhone 16 ban after 5 months, despite no formal manufacturing plan from AppleAccording to reports, Indonesia’s Ministry for Industry is set to grant Apple the necessary permits to sell the iPhone 16 series, thus lifting the ban, once Apple signs an MoU with Indonesia regarding its $1 billion dollar investmentsFor Apple, this agreement means the iPhone 16 can finally be sold in Indonesia without significant changes to its production strategy. Meanwhile, for Indonesia, the deal secures substantial investment, even if it doesn’t bring iPhone manufacturing to the country just yet. Image Credit: Firstpost | Mehul Reuben Das

iPhone dictation bug allegedly replaces ‘racist’ with ‘Trump’, Apple says fix on the wayApple has acknowledged the problem, explaining that it stems from a glitch in the speech recognition model used for dictation. Apple assured users that a fix is already in the works and will be rolled out soonAccording to Apple, the issue occurs because of phonetic overlaps in its speech recognition model. When dictation is processing spoken words, it may briefly display words that share similar sounds before settling on the correct one. Image Credit: Reuters, Reuters

Tesla’s EU sales dropped by half because of Elon Musk’s antics in Germany’s electionsData from the European Automobile Manufacturers’ Association (ACEA) revealed that Tesla sold just 9,945 cars in January 2025, a sharp 45 per cent decline from the 18,161 sold in the same month from a year agoWhile Tesla’s sales took a nosedive, the broader electric vehicle (EV) market in Europe is thriving. Battery-electric car sales in the region surged by 34 per cent in January, capturing a 15 per cent market share. Image Credit: Reuters

Samsung working on Huawei Mate XT-like triple folding smartphone, likely to call it Galaxy G FoldUnlike Huawei’s S-style design, where the screen folds in a zigzag pattern, Samsung’s G-style approach would fold all three display sections inward, keeping them protected when the phone is closedA triple fold prototype from Samsung called the Flex G. Representative Image. Credit: Reddit