Skip to main content

Israeli occupier attacks threaten historic Christian presence in West Bank town

In Taybeh, one of the few Palestinian communities with a Christian majority in the occupied West Bank, fears are growing that Israeli occupier attacks on farmland and property could push more families to emigrate, threatening the town’s demographic character and historic Christian presence. Local officials and clergy warned of the impact of rising violence by Israeli occupiers, which has coincided with worsening living and economic conditions in the town. Taybeh, east of Ramallah, is one of the few Palestinian towns in the West Bank that still has a Christian majority, according to church and local accounts. Residents say the town’s Christian roots go back thousands of years. Residents say the attacks have deepened fears in the town, even as they stress their determination to remain on their land. Also Read: Pakistan raises red flag over illegal settlements in West Bank, calls for Israel accountability In recent years, Israeli occupiers have established several ill...
Post a Comment

Foxconn to invest $1.5Bn in India unit as Apple expands manufacturing base

Apple supplier Foxconn is set to invest $1.5 billion in its India operations, as the iPhone maker accelerates its shift away from China amid ongoing trade tensions and global supply chain disruptions. The investment will be made by Foxconn’s Singapore-based subsidiary, which will purchase 12.77 billion shares worth $1.5 billion (₹127.74 billion), in Yuzhan Technology India. This unit, based in Tamil Nadu, is responsible for manufacturing electronic components and assembling Apple’s iPhones. The move reflects Apple’s growing focus on India as a key manufacturing hub. Since 2017, Apple has been assembling iPhones in the country, encouraged by the Indian government’s Production Linked Incentive (PLI) scheme, aimed at boosting domestic manufacturing and reducing reliance on imports. https://ift.tt/4pQGiSA The PLI scheme, part of India’s wider Atmanirbhar Bharat (self-reliant India) and Make in India initiatives, provides incentives to manufacturers in several sectors, including electronics. It is designed to attract foreign investment, create jobs, increase exports, and integrate Indian production into global supply chains. Foxconn’s latest investment comes at a time when multinational firms are diversifying production bases to mitigate risks from geopolitical tensions and the lingering impact of the COVID-19 pandemic. The shift away from China, particularly for high-tech manufacturing, has been hastened by tariffs imposed during US President Donald Trump’s administration, which continue to affect trade. In March 2025, Apple reportedly exported around 600 tonnes of iPhones from India to the United States, valued at approximately $2 billion, underlining the growing scale and capability of its Indian operations. India’s political stability, skilled workforce, growing consumer base, and improving infrastructure are positioning it as a favourable alternative for global manufacturing giants. Foxconn is continuing to invest in Tamil Nadu. Times of India reports that according to regulatory filing, during last few days, Foxconn has invested $1.48 billion (Rs.12,800 crores) in it's Tamil Nadu unit. This move is significant as Apple is ramping up iPhone production in… — D.Muthukrishnan (@dmuthuk) May 20, 2025 The $1.5 billion investment by Foxconn represents one of the largest recent foreign direct investments in India's electronics manufacturing sector and is expected to significantly boost local production capacity. Foxconn, formally known as Hon Hai Precision Industry Co. Ltd (2317.TW), is among several Apple suppliers ramping up investment in India as the tech giant looks to reduce its dependence on China and meet rising global demand through more diversified supply chains.

from Latest World News, International News | Breaking World News https://ift.tt/S27mDTZ
Labels:

Comments

Post a Comment

Popular posts from this blog

At least 32 miners dead after bridge fails at cobalt site in southeast DR Congo

A bridge collapsed at a cobalt mine in southeast Democratic Republic of Congo killing at least 32 wildcat miners, a regional government official said Sunday. The bridge came down Saturday onto a flooded zone at the mine in Lualaba province, Roy Kaumba Mayonde, the provincial interior minister, told reporters. He said 32 bodies had been recovered and more were being searched for. The DRC produces more than 70 percent of the world supply of cobalt, which is essential for batteries used in electric cars, many laptop computers and mobile phones. More than 200,000 people are estimated to be working in giant illegal cobalt mines in the giant central African country. Local authorities said the bridge collapsed at the Kalando mine, about 42 kilometres (26 miles) southeast of the Lualaba provincial capital, Kolwezi. "Despite a formal ban on access to the site because of the heavy rain and the risk of a landslide, wildcat miners forced their way into the quarry," said Mayonde. He said ...
Post a Comment
Read more

Indian devotees splurge on jets, gold idols as Hindu temple opens

The private jet parking lots at airports near the Indian city of Ayodhya are full and the shops have run out of gold-plated idols, as wealthy devotees prepare for the invite-only opening ceremony of one of Hinduism's holiest temples. Indian Prime Minister Narendra Modi and Asia's richest man Mukesh Ambani are among the 8,000 or so attendees at Monday's inauguration event for the Ram Temple, which devotees believe is built on the birthplace of Lord Ram, a sacred Hindu deity. The construction of the temple, which began after the Supreme Court awarded the site to Hindus in 2019 more than two decades after a Hindu mob razed a mosque there, triggering deadly riots, fulfils a key campaign promise of Modi and his Hindu nationalist party. Read BJP-promised temple transforms Ayodhya: Muslims, locals feel neglected The opening ceremony, organised by the trust that built the temple, comes months before a national election which the ruling Bharatiya Janata Party is widely expected to w...
Post a Comment
Read more

Indian opposition supporters detained ahead of protest at Modi's home

Police in the Indian capital detained dozens of opposition supporters on Tuesday as they attempted to march to Prime Minister Narendra Modi's residence to protest against last week's arrest of Delhi Chief Minister Arvind Kejriwal. Kejriwal, a key opposition leader whose Aam Aadmi Party (AAP) has governed the national capital territory for a decade, was arrested by the financial crime-fighting agency on corruption charges relating to the city's liquor policy, weeks before India begins voting in general elections on April 19. He was remanded to the custody of the Enforcement Directorate until March 28, with the lawyer for the agency arguing he was the "kingpin" in the case and needed to be interrogated. Kejriwal's party, all of whose main leaders are now imprisoned in connection with the case, says he has been "falsely arrested" in a "fabricated case". The federal government and Modi's Bharatiya Janata Party (BJP) deny political interfere...
Post a Comment
Read more