New record! Apple’s India vendors export $2.5 billion components to China; may reach $3.5 billion under ECMS

Experts say the surge in electronics exports represents an unexpected boost from the smartphone production-linked incentive scheme. (AI image) In a big achievement for the government’s electronics component manufacturing scheme (ECMS), Apple’s India vendors have already exported a record $2.5 billion components to China. The development also signals a shift from the earlier pattern, where…

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Stock market today (April 16, 2026): Nifty50 opens above 24,350; BSE Sensex up over 400 points on oil prices easing, hopes of US-Iran war ending

Stock market today (AI image) Stock market today: Indian equity benchmarks, Sensex and Nifty50, continued their uptrend on Thursday on positive global cues and hopes of an early end to the US-Iran conflict. While Nifty50 went above 24,350, BSE Sensex rose over 400 points. At 9:16 AM, Nifty50 was at around 24,357.25, up 126 points…

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