
Technology
Apple's Record India Quarter Came With Fewer iPhones Sold
Apple's India revenue hit a record in the September 2026 quarter even as iPhone shipments fell, because the average price crossed $1,000. The larger story is that India now exports about 41 percent of the phones it makes.
By The Signal Editorial
November 3, 2026 · 5 min read
The Latest

Business
India's Gold Buyers Spent More and Got 29 Percent Less
Gold demand fell 29 percent to 162.5 tonnes in July to September, yet the rupee bill rose 3 percent. The duty hike gets the blame, but one quarter's drop already exceeds the council's full-year estimate of the duty's effect, and some supply may now sit outside the statistics.
November 3, 2026

Business
India's New Airfare Rule Sets No Number for When Fares Are Too High
The Bharatiya Vayuyan Niyam, 2026 lets the Centre direct airfares in an extraordinary situation, but names no fare level or trigger. The last time it acted, the cap lasted 107 days, and one airline now carries 65.4 percent of domestic passengers.
November 2, 2026

Business
India's Import GST Is Growing Four Times Faster Than Its Domestic GST
October's 22.9 percent jump in GST collections is being read as festive demand. The tax collected on imports is growing four times faster than the tax collected at home, and the rupee is part of the reason.
November 2, 2026

Markets
Big Tech's AI Debt Sits on Three Balance Sheets, Not Seven
SBI Research says the Magnificent Seven's debt is up 45 percent to $578 billion. In the companies' own filings, three of them did almost all the borrowing, and two shrank their debt.
November 2, 2026

Business
Much of the Scotch Sent to India Ships in Bulk, and the Tariff Cut May Skip It
India halved its duty on Scotch in July. Whether the cut reaches bulk whisky, the form much Scotch takes on its way into Indian blends, is now a live dispute with tax investigators in the room.
November 2, 2026

Markets
Who Pays When a Crypto Exchange Is Hacked? Only the Exchange Itself
Binance says it has covered up to 90% of a record $6.3 billion theft from its own money. The users were made whole by a company's choice, not by any system, and an Indian exchange's customers got a very different deal.
November 1, 2026
Business & Markets

Business
India's Gold Buyers Spent More and Got 29 Percent Less
Gold demand fell 29 percent to 162.5 tonnes in July to September, yet the rupee bill rose 3 percent. The duty hike gets the blame, but one quarter's drop already exceeds the council's full-year estimate of the duty's effect, and some supply may now sit outside the statistics.
November 3, 2026

Business
India's New Airfare Rule Sets No Number for When Fares Are Too High
The Bharatiya Vayuyan Niyam, 2026 lets the Centre direct airfares in an extraordinary situation, but names no fare level or trigger. The last time it acted, the cap lasted 107 days, and one airline now carries 65.4 percent of domestic passengers.
November 2, 2026

Business
India's Import GST Is Growing Four Times Faster Than Its Domestic GST
October's 22.9 percent jump in GST collections is being read as festive demand. The tax collected on imports is growing four times faster than the tax collected at home, and the rupee is part of the reason.
November 2, 2026
Technology & Science

Technology
Apple's Record India Quarter Came With Fewer iPhones Sold
Apple's India revenue hit a record in the September 2026 quarter even as iPhone shipments fell, because the average price crossed $1,000. The larger story is that India now exports about 41 percent of the phones it makes.
November 3, 2026

Technology
Washington's Intel Stake Lost More in One Day Than It Cost
Intel fell 29% in a day and the US stake in it lost about $12 billion on paper, more than the $8.9 billion Washington paid. India backs its chip plants with grants, not a share price, and the two designs carry risk in very different places.
October 31, 2026

Technology
Microsoft Is Offering a Quarter of Its Staff a Way Out as Profit Rises
Microsoft is offering buyouts to about 60,000 employees, including in India, in a year its operating income rose 21%. At the take-up rates on record, the offer would move 1% to 8% of its workforce.
October 27, 2026
Health, Culture & Geopolitics

Health
India Confirms Hundreds of Heat Deaths a Year, but El Niño May Bring 55,000 by March
A new tracker projects about 55,000 heat deaths in India between October and March, most of them in March. The official count recorded 159 heat deaths in all of 2024, so the toll the country will be judged on may never appear in its own numbers.
October 29, 2026

Health
India Caps How Fast Most Medicine Prices Rise, Not Where They Start
The Supreme Court has reserved its order on why most medicines sit outside India's price control regime. For about four fifths of sales by value, the law limits yearly increases and leaves the starting price to the manufacturer.
October 28, 2026

Health
The Malaria Vaccine With a 40 Percent Price Cut Still Costs Twice as Much as Its Rival
Gavi and UNICEF cut the price of the Mosquirix malaria vaccine by about 40 percent to 5.50 euros a dose. Its rival R21 is $2.99, and WHO says neither performs better. The deal is conditional on a manufacturing move to India's Bharat Biotech.
October 23, 2026