Top US and Chinese officials, including Vice Premier He Lifeng and Treasury Secretary Scott Bessent, held "candid, in-depth and constructive" talks in New York on economic and trade issues, with a specific focus on artificial intelligence. These discussions precede Chinese President Xi Jinping's anticipated visit to Washington and occur amidst new US sanctions targeting countries purchasing Russian oil and gas, and the US unveiling an "AI Force."
India's government is set to release its draft National Steel Policy for public consultation, aiming for over 600 million tonnes of steelmaking capacity and 500 million tonnes of consumption by 2047. The policy will also introduce a ~5,000-crore scheme to incentivise small steel producers for carbon emission reduction and address challenges like raw material availability and technological dependence.
India's IT services industry is witnessing a surge in mergers and acquisitions, particularly among mid-cap companies, as AI-led pricing pressure and macroeconomic uncertainty compel firms to seek scale, capabilities, and broader market reach. This trend is exemplified by the recent merger of Happiest Minds Technologies and ITC Infotech, aiming to offer end-to-end solutions and compete for larger transformation programmes.
'In fact, when monetary policy has been deployed, it does not distinguish between types of shocks. It goes straight for the kill.'
A Bain & Company report projects the global AI market must reach nearly USD 6 trillion annually by 2031 to sustain massive infrastructure investments. This growth will largely depend on new innovations beyond productivity gains, with a significant gap needing to be filled by emerging revenue streams like autonomous vehicles, physical AI, and new AI-driven products. The report also highlights the surge in hardware and semiconductor industries due to AI compute demand and the importance of AI absorption for Indian companies.
India's Engineering Research and Development (ER&D) sector is projected to exceed USD 100 billion in revenue by 2030, driven significantly by the integration of Artificial Intelligence (AI) into engineering workflows. This growth, highlighted by Nasscom, positions India as a critical global engineering hub, necessitating focus on talent development and strategic partnerships.
Meesho, a value-commerce platform targeting middle- and lower-income geographies, is poised for significant growth driven by its asset-light model and low fulfilment costs, but faces intense competition from e-commerce giants and high valuations.
TATA.CARS Launches All-New Aeris Compact Sedan, a facelifted version of the Tata Tigor, at a starting price of 5.29 lakh ex-showroom.
Former IAS officer Divya Mittal has announced her independent entry into politics, starting her journey in Uttar Pradesh. She aims to create a platform to voice public grievances and challenge systemic issues, focusing on intent and justice rather than party politics.
Delhi Police have arrested a woman with 12 previous criminal involvements and her alleged bodyguard in Narela, recovering heroin worth Rs 2 crore and over Rs 7.93 lakh in cash. The accused, Parvati and Vikaas Kumar, were apprehended following a raid, with Parvati known for her extensive history under the NDPS and Excise Acts and for allegedly using children in drug sales. An investigation is ongoing to uncover the full extent of their drug network.
A flydubai flight from Dubai to Tel Aviv made an emergency landing in Tabuk, Saudi Arabia, after an apparent altercation in the cockpit. Israeli officials confirmed a "severe disaster" was averted, with initial fears of a hijacking prompting fighter jet deployment. Passenger accounts described panic and a pilot being stabbed, though the exact circumstances remain under investigation.
The Karnataka government has formed a Special Investigation Team (SIT) to conduct a fresh probe into the 2012 rape and murder of a 17-year-old girl near Dharmasthala, following a Supreme Court order. The SIT, headed by N Shashikumar, is tasked with completing the investigation within three months.
Zoho cofounder Sridhar Vembu dismisses exaggerated fears about AI's catastrophic potential and global development pauses. He advocates for India to adopt an independent AI strategy, fostering partnerships while avoiding entanglement in US-China tech rivalry. Vembu stresses extensive investment in foundational R&D across sectors, distinguishing it from costly frontier AI model development. He also highlights concerns about AI's impact on human judgment, skill erosion, and job disruption, particularly in software engineering, while remaining optimistic about new economic opportunities.
The UK has successfully test-fired a US torpedo from an undersea drone, marking a significant advancement in submarine technology for the AUKUS partners (UK, US, Australia). This development coincides with Prime Minister Andy Burnham's visit to the UN General Assembly, where he is discussing global challenges like AI, the Ukraine conflict, and West Asia security with international leaders, and announced the UK will host the G20 Leaders' Summit in Manchester next November.
The Reserve Bank of India (RBI) has proposed a standard operating procedure (SOP) for banks to implement temporary debit holds on accounts or transactions suspected of being involved in money-mule activity and cyber-enabled financial fraud, with a maximum duration of 60 days.
A new IDC report reveals that artificial intelligence is prompting organisations worldwide to retrieve and utilise previously archived, "cold-tier" data for AI training, significantly increasing its perceived value and leading to longer data retention periods and a burgeoning market for datasets.
Meta has restricted access in India to a viral AI-generated video depicting Kerala Chief Minister VD Satheesan dancing with KSEB officials. The video, which garnered 1.78 crore views, was restricted following a legal request, though the creators believe it wasn't due to the CM's objection, as he had previously expressed excitement about it.
Delhi Police has implemented a comprehensive multi-layered security system for the upcoming BRICS Summit in New Delhi, deploying 15,000 personnel, 200 paramilitary companies, and over 500 CCTV cameras. The arrangements aim to ensure maximum security for visiting dignitaries while minimising public inconvenience, with extensive coordination across agencies and states, and robust measures at the main venue, Bharat Mandapam.
The Haldwani forest division has launched India's first AI-based forest acoustic surveillance system. This innovative technology uses AI, acoustic sensors, and long-range wireless communication to detect illegal logging, poaching, and other suspicious activities in real-time, even in remote areas. Powered by solar energy, the system provides continuous monitoring, significantly enhancing forest protection, wildlife conservation, and biodiversity monitoring efforts.
Prime Minister Narendra Modi, speaking at the UPSC centenary, urged a fundamental shift in civil services recruitment and governance. He highlighted the need for services to adapt to an "instant-delivery world" powered by AI, focusing on citizen-centricity and evaluating candidates' motivation beyond academic knowledge. The PM also praised Captain Smit Machchhar's bravery during his address.
The Central Board of Indirect Taxes and Customs (CBIC) is set to significantly increase its use of artificial intelligence (AI), machine learning (ML), and real-time analytics in Customs processes, aiming for a near-touchless, near-digital clearance experience, according to Chairman Vivek Chaturvedi.
Micron CEO Sanjay Mehrotra announced plans to significantly scale up the company's chip assembly and testing facility in India, moving from "vision to execution" in the nation's semiconductor ambitions. He highlighted the success of the Sanand, Gujarat plant, which is already producing "Made in India" memory chips, and the company's substantial engineering contributions from its Indian centres. Mehrotra also emphasised the critical role of memory chips in the AI era, driving Micron's growth.
Finance Minister Nirmala Sitharaman has called for enhanced accountability and safeguards for artificial intelligence, particularly as it integrates into critical sectors like finance. Speaking at the Global Fintech Fest, she highlighted the dual nature of AI, capable of accelerating transactions but also amplifying fraud and cyberattacks. Sitharaman stressed the need for human and institutional responsibility in AI-driven decisions, urging regulators and companies to scrutinise high-risk AI applications. She also proposed a federated industry platform for Indian tech companies to navigate international regulations and ensure tax compliance globally.
Gautam Adani and family have reclaimed the top spot on India's rich list, surpassing Mukesh Ambani, as the nation's billionaire population reached a record 391, according to the M3M Hurun India Rich List.
Lovlina Borgohain has made history by becoming the first Indian woman boxer to reach consecutive Asian Games finals, assuring at least a silver medal.
China has called for stronger global governance of artificial intelligence, advocating for international cooperation to develop the technology for humanity's benefit while preventing it from getting out of control. This comes amidst warnings from leading AI researchers in the US about potential existential risks, with China emphasizing both rapid development and robust safeguards, including its new AI Safety Governance Framework 3.0. The issue is expected to be a key topic in upcoming US-China talks.
The Uttar Pradesh Anti-Terrorism Squad (ATS) has arrested 19-year-old Maqsood Ali from Tamil Nadu for his alleged involvement in a conspiracy to carry out "violent jihadist activities." Ali was reportedly part of WhatsApp groups sharing bomb-making videos and Al Qaeda in the Indian Subcontinent (AQIS) material, and was in contact with Pakistani hackers, developing a secure communication network for the group. This is the second arrest in the case, following Mohammad Nabeel's apprehension.
Researchers at IIT Kharagpur, in collaboration with the University of Illinois Urbana-Champaign, have developed a highly sensitive sensor technology. This innovation allows ordinary smartphone cameras to detect extremely tiny, invisible objects, potentially leading to low-cost, portable medical testing and other applications requiring the detection of minute substances.
The Indian Air Force has launched 'Dronathon 2026' at the Pokhran range in Jaisalmer, a three-day event showcasing advancements in unmanned aerial systems (UAS) and counter-UAS technologies by domestic manufacturers. The initiative aims to bolster the IAF's capabilities in the unmanned domain, align with the 'Atmanirbhar Bharat' objective, and assess indigenous technologies against operational requirements through live demonstrations. It also fosters interaction between the IAF, industry, and even students, promoting the development of scalable unmanned solutions.
Reports from the New York Post, citing Mohsen Heydari, reveal that Mojtaba Khamenei was "pulled from the rubble" of a Tehran hospital after alleged US and Israeli strikes. This occurred before his secret selection as Iran's new Supreme Leader by the Assembly of Experts, which was also reportedly targeted. Conflicting accounts from Donald Trump and Iranian President Masoud Pezeshkian have further shrouded Khamenei's health in mystery, with some suggesting severe injuries while others claim he is "completely" healthy.
Salesforce CEO Marc Benioff has identified a significant opportunity for India as the company transitions its enterprise systems to an AI-first model. He emphasised India's crucial role, leveraging its extensive pool of technology professionals and partners, in this global technological transformation, which he likened to a "Y2K moment" for engineering.
A Chinese military trading company executive has been arrested for allegedly leaking sensitive defence information to intelligence agencies from two countries, China's top spy and anti-espionage agency said on Monday.
The United Arab Emirates (UAE) has expressed intent to invest an additional $25 billion in India, with an ultimate goal of reaching $100 billion in investments, Union Minister Piyush Goyal announced. This comes as both nations plan to enhance cooperation in shipping, ports, energy, and emerging technologies, against a backdrop of expanding bilateral trade.
The Supreme Court has issued comprehensive directives to the Delhi Police Commissioner to enhance safety for women and minor girls in Delhi-NCR. These measures include forming dedicated police teams, conducting vulnerability audits of public spaces, improving lighting and CCTV surveillance, and strengthening grievance redressal mechanisms. The court also sought reports on the functioning of fast-track courts, utilisation of sexual offender databases, and the Mission Shakti programme.
Zoho co-founder Sridhar Vembu argues that predictions of AI's catastrophic outcomes are overstated and a global pause in AI development is improbable. He urges India to adopt an independent AI strategy, focusing on extensive foundational R&D across sectors, while remaining wary of market monopolisation attempts by major tech players. Vembu also highlights concerns about AI's impact on human judgment, skill development, and job markets, particularly for junior professionals.
State Bank of India Chairman C S Setty stated that banks will take three to four months to deploy the significant funds mobilised through foreign currency non-resident (bank), or FCNR(B), deposits, which is unlikely to cause "abnormal lending". He also highlighted the need for agentic artificial intelligence (AI) costs to fall sharply for its widespread deployment in India, envisioning its role in transforming banking from fraud detection to personalised financial assistance.
Finance Minister Nirmala Sitharaman has urged the Reserve Bank of India to accelerate its central bank digital currency initiatives, emphasising the need to sharpen capabilities with the digital rupee amidst rapid advancements in tokenisation, agentic AI, and quantum computing. She also highlighted critical concerns regarding cybersecurity, warning that autonomous AI systems are evolving rapidly and require robust safeguards. Sitharaman proposed a federated industry platform to give India's technology ecosystem a collective international voice.
Tata Consultancy Services (TCS) has inaugurated India's first Industrial Autonomy & Engineering Lab in Pune, a "lights-out factory lab" designed to advance AI-led manufacturing. The facility features a robotic battery pack assembly line, enabling manufacturers to prototype and scale AI-first production systems with minimal human intervention, simulating self-optimising factories.
Five British nationals arrested on suspicion of terror charges related to an explosives threat near RAF Fairford have been released on police bail. The Counter Terrorism Policing (CTP) investigation is ongoing, with stringent conditions placed on the suspects. Iran has denied any involvement, while former US President Donald Trump claimed US intelligence assisted in the arrests.
Air India is developing a new in-house 'Vista Digital Platform' for its in-flight entertainment system, set to launch progressively from late 2027. This platform aims to integrate entertainment, loyalty, commerce, and travel services, enhancing passenger experience and boosting ancillary revenues through features like 'commerce-on-map' and personalisation.
