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Stock markets trade lower in early deals amid relentless foreign fund outflows

Mumbai, Dec 3 (PTI) Equity benchmark indices Sensex and Nifty declined in early trade on Wednesday amid persistent foreign fund outflows and profit-taking by investors. Falling for the fourth day in a row, the 30-share BSE Sensex dropped 165.35 points to 84,972.92 in early trade. The 50-share NSE Nifty declined 77.85 points to 25,954.35. From the Sensex firms, Hindustan Unilever, Bharat Electronics, Titan, Tata Motors Passenger Vehicles, NTPC, and State Bank of India were among the major laggards. However, Tata Consultancy Services, Infosys, Tech Mahindra and ICICI Bank were gainers. Foreign Institutional Investors (FIIs) offloaded equities worth Rs 3,642.30 crore

Congress seeks parliament debate on state-run app Sanchar Saathi for smartphones

NEW DELHI, Dec 3 (Reuters) – India’s main opposition party said on Wednesday that a government plan to preload a state-run app Sanchar Saathi on smartphones violates the privacy of users and the government needed to explain itself, escalating tensions on a matter that has sparked surveillance fears. The Indian government has confidentially ordered companies including Apple, Samsung and Xiaomi to preload their phones with an app called Sanchar Saathi, or Communication Partner, within 90 days, Reuters was first to report on Monday. The app is intended to track stolen phones, block them and prevent them from being misused, but

India mandates pre-installation of government app Sanchar Saathi on all smartphones

NEW DELHI, December 2, 2025 (AP) — India’s telecoms ministry has directed smartphone manufacturers to pre-install a government-run cybersecurity app on all new devices, according to a government order, raising concerns of data privacy and user consent in one of the largest handset markets in the world. The Ministry of Communications’ order issued Monday asked smartphone makers to pre-install the government’s “Sanchar Saathi” app on all new devices within 90 days and to prevent users from deleting it. The order also requires manufacturers to push the app onto older models through a software update, extending the mandate beyond phones available

Apple to resist India order to preload Sanchar Saathi as political outcry builds

NEW DELHI, Dec 2 (Reuters) – Apple does not plan to comply with a mandate to preload its smartphones with a state-owned cyber safety app and will convey its concerns to New Delhi, three sources said, after the government’s move sparked surveillance concerns and a political uproar. The Indian government has confidentially ordered companies including Apple, Samsung and Xiaomi to preload their phones with an app called Sanchar Saathi, or Communication Partner, within 90 days. The app is intended to track stolen phones, block them and prevent them from being misused. The government also wants manufacturers to ensure that the

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