TOP 7 NEWS OF 25 February 2025.

Here are some of the latest and significant news updates from today:

Business and Economy

Burman Family Takes Over Religare: After an 18-month battle, the Burman family, owners of Dabur, have successfully taken control of financial services company Religare. This move follows the arrest of Religare’s founders in 2018 and a series of legal challenges. Analysts suggest that the Burmans will need to infuse more capital to stabilize and expand Religare’s subsidiaries. ft.com
Apple Expands Manufacturing in India: Apple has significantly increased its manufacturing footprint in India, with exports growing by nearly 50% in the first 10 months of the fiscal year. Products like the high-end iPhone 16 Pro are now being produced locally, aligning with India’s “Make in India” initiative. This shift helps Apple reduce its dependence on China and offers competitive pricing in the Indian market. ft.com

Technology

Air India Introduces In-Flight Wi-Fi on Domestic Routes: Air India has become the first Indian airline to offer internet connectivity on domestic flights. Initially available on select aircraft, including the Airbus A350 and Boeing 787-9, the service is complimentary for a limited period. The airline plans to extend this feature across its entire fleet over time. educationpost.in

Cryptocurrency

Surge in Crypto Trading in India’s Smaller Cities: Residents in smaller Indian cities are increasingly turning to cryptocurrency trading to supplement their incomes amid economic uncertainties. Combined trading volumes on major Indian exchanges reached $1.9 billion in the last quarter of 2024, with young investors leading this trend. Despite regulatory challenges and high taxes, the crypto market in India is projected to expand significantly. reuters.com

Politics

Rekha Gupta Appointed as Delhi’s Chief Minister: The Bharatiya Janata Party (BJP) has named Rekha Gupta as the Chief Minister of Delhi after winning local elections for the first time in 27 years. Gupta, a former student leader, is the fourth woman to hold this position in Delhi. She aims to address challenges such as pollution and infrastructure development in the capital. apnews.com

Sports

Controversy Surrounding ICC Cricket Tournament Venue: The ongoing ICC cricket tournament has faced criticism for being hosted in Dubai instead of Pakistan, the official host nation. This arrangement has allegedly given India a competitive advantage, as they have played all their matches at the Dubai International Cricket Stadium. Cricket personalities have expressed concerns about potential bias and unfair scheduling. news.com.au

International Relations

India Surpasses China in IPO Rankings: India has overtaken China to become Asia’s leading market for initial public offerings (IPOs) in 2024. Strong performances from companies like Swiggy and Hyundai Motor have positioned India as the world’s second-largest equity fundraising market after the US. This shift is attributed to tighter regulations in China and robust household investments in India. ft.com