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Business

The surge came as part of the government’s production-linked incentive (PLI) scheme. Apple produced $10 billion worth of iPhones in the first seven months of FY25, exporting $7 billion, the highest on record.

September had seen a nine-month high with Rs 57,724 crore of net inflows, highlighting the volatility in FPI trends. As of December 13, FPI investments in 2024 stand at Rs 7,747 crore, according to depository data.

Rural India now leads the toilet cleaner segment, contributing 52% of sales. A decade ago, urban areas dominated the market, with 82% of toilet cleaner buyers and 90% of floor cleaner users in cities.

The OSOP initiative, a government scheme designed to promote local crafts and products at railway stations across India.

The Indian stock market opened in the red on Monday, with selling pressures seen across multiple sectors.

India’s exports to the United States reached $77.5 billion in FY24, growing at a compound annual growth rate (CAGR) of 10.3% over the past 30 years, according to a Bank of Baroda report.

The per capita availability of fruits and vegetables in India has increased by 7 kg and 12 kg, respectively, over the past decade, according to a report by the State Bank of India (SBI).

The Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) has provided ₹2 lakh life insurance coverage to over 21 crore beneficiaries, the Finance Ministry announced on Saturday.

The Unified Payments Interface (UPI) has recorded 15,547 crore transactions worth ₹223 lakh crore from January to November 2024, the Finance Ministry announced on Saturday.

The Finance Ministry announced on Saturday that the gross non-performing assets (NPA) ratio for scheduled commercial banks (SCBs) dropped significantly to 2.67% in June 2024.