India Orders a Tracking App to Be Installed in All Smartphones

Apple has rejected India's directive requiring smartphone manufacturers to pre-install the state-run 'Sanchar Saathi' cyber safety app on all new devices, which must remain enabled and cannot be disabled. This move reflects ongoing tensions between the tech giant and Indian regulatory authorities.

India has been importing discounted Russian oil, which has raised concerns as these purchases indirectly support Moscow's military actions in Ukraine, leading to increased scrutiny from Western nations, particularly the U.S. and Europe.

Michael Dell and his wife, Susan Dell, have made a historic $6.25 billion donation aimed at establishing 'Trump Accounts,' which are investment accounts for American children under the age of 10. This initiative is considered the largest single private commitment to U.S. children, reflecting a significant philanthropic effort in the realm of child welfare and education.

Kalshi, a prominent prediction market platform, has successfully raised $1 billion in a new funding round, signaling strong investor confidence in its business model and growth potential. This significant capital infusion is expected to enhance Kalshi's operational capabilities and expand its market presence.

Michael and Susan Dell have pledged a historic $6.25 billion investment aimed at establishing 'Trump Accounts,' which are designed to provide financial support for American children under the age of 10. This initiative is considered the largest single private commitment to children's financial futures in the United States.

Indian food delivery service Swiggy Ltd. is set to raise up to 100 billion rupees ($1.1 billion) from institutional investors as early as next week, signaling a significant move in the Indian market. This share sale reflects the company's growth ambitions and the increasing interest in the food delivery sector.

Russian President Vladimir Putin is set to enhance energy and defense exports during his upcoming visit to India, aiming to strengthen bilateral ties amid global economic shifts. This visit comes at a time when Russia is focusing on expanding its industrial output, particularly in military-related sectors, which have seen significant growth recently.

ICICI Securities has downgraded the stock rating of Gail (India) due to a decrease in tariff rates, reflecting concerns over the company's revenue potential. This downgrade is indicative of the challenges faced by the company in maintaining profitability amid changing market conditions.