Top headlines: Economy takes 'formal' leap, Apple's India revenue doubles

Business Standard brings the top headlines at this hour

Apple Inc has hit Indian revenues of around $3.3 billion, based on estimates for the period between 1 October 2020 and 25 September 2021, say analysts.  More on that story in our top headlines this morning.

India's economy takes 'formal' leap as informal shrinks drastically: Study

The share of the informal sector in India’s economy fell drastically to 15-20 per cent in 2020-21 from 52.4 per cent in 2017-18 due to digitisation and the rapidly expanding gig economy, according to a study by SBI Research. Read more.

Apple Inc's India revenue doubles to around $3.3 billion: Analysts

Apple Inc