J R D Tata, chairman of the Tata group from 1938 to 1991, said that whenever he had to make a difficult decision, he would ask himself, what will be good for India, and what will be good for the Tatas. If he had a doubt, he would decide in favour of India. In the long run, it would turn out well for the Tatas too, he said, points out Arun Maira.
This might lead to a further outburst, flooding downstream if left unchecked.
PhonePe, at the Global Fintech Fest 2026, unveiled its strategic vision for the next decade, focusing on inclusive digital progress for individuals, households, and businesses across India. The roadmap details innovations in financial inclusion, wealth creation, credit access, and merchant solutions.
The Hyderabad AI factory is being designed to run some of the world's largest and most sophisticated AI models, including trillion-parameter models and next-generation agentic AI applications.
The Supreme Court has stated it will wait for the central government's response on petitions concerning the criminalisation of marital rape before scheduling a hearing. This comes as the Centre has yet to file a substantive reply on the matter, which challenges the constitutional validity of exceptions in criminal law that protect husbands from prosecution for sexual acts with their wives. The issue involves the interpretation of Section 375 of the IPC (now replaced by Bhartiya Nyaya Sanhita) and has seen split verdicts in high courts.
Competition Commission of India (CCI) chairperson Ravneet Kaur has warned that the rapid adoption of artificial intelligence (AI) could intensify anti-competitive practices in digital markets, including self-preferencing, discriminatory pricing, and market manipulation. She highlighted the CCI's ongoing study into AI's impact on competition and stressed the regulator's role in fostering growth while preventing abuse of dominance.
Delhi Police have arrested three men from Punjab for allegedly painting pro-Khalistan and anti-BRICS slogans near the Singhu border. The arrests were made at the behest of designated terrorist Gurpatwant Singh Pannun, chief of the banned Sikhs for Justice (SFJ). One of the accused, Preetpal, previously arrested for similar activities, is suspected to be SFJ's operational head in India and is being investigated for foreign funding and links to terror operatives.
Fintech firm PhonePe has signed a Memorandum of Understanding (MoU) with the Ministry of Electronics and Information Technology (MeitY) to integrate its enterprise data intelligence platform, PulsePro, into the PM GatiShakti framework. This collaboration aims to provide granular, hyperlocal insights for national infrastructure planning, economic analysis, and holistic urban and rural development.
'It requires new skilling, new ways of working, and new structures. That's the reality.'
IIT Guwahati researchers have developed SH²RFSSM, a model inspired by how biological neurons communicate.
The BRICS New Delhi Declaration has endorsed India's proposals for a Working Group on Sports Technology and a Sports Goods Manufacturing Conclave, aiming to enhance cooperation and innovation among member nations in the sports sector.
Finance Minister Nirmala Sitharaman announced that the Goods and Services Tax (GST) Council's October 7 meeting will focus on 'GST 2.0' process reforms, including e-invoicing and input tax credit rules, while also addressing complex issues surrounding the taxation of the digital economy and cryptocurrency.
BRICS members have expressed 'serious concerns' over the unilateral imposition of trade and finance-related measures, including higher tariffs and non-tariff barriers, stating these actions distort trade and are inconsistent with WTO rules. The grouping also highlighted elevated risks to the global economic outlook due to geopolitical tensions, trade fragmentation, and protectionism.
Union Communications Minister Jyotiraditya Scindia announced India's ambition to lead the world in 6G mobile technology and become a designer of global technology standards. Speaking at the Global Fintech Fest 2026, Scindia highlighted India's shift from being a technology market to a technology maker, emphasizing progress in 5G rollout, affordable data, and digital infrastructure driving fintech growth, while also stressing the importance of digital security.
Indian information technology (IT) stocks, led by Infosys, experienced a significant selloff, dragging the Nifty to a two-month low, primarily due to escalating West Asian tensions pushing crude oil prices higher, and concerns over upcoming large IPOs diverting funds from secondary markets. The sector is also grappling with the long-term implications of AI disruption.
Jacob Coxon, an AI researcher formerly with OpenAI and Anthropic, has resigned, accusing leading tech firms of an irresponsible and unchecked race towards developing superintelligence. He warns that this competitive rush, lacking adequate safeguards, poses an existential threat, potentially leading to catastrophic harm and "gambling with our lives."
Iranian President Masoud Pezeshkian urged BRICS nations to expand trade in national currencies and build an inclusive global economic framework. He criticised "unilateral sanctions" by Western powers, stating they make emerging economies vulnerable and impact global food security. Pezeshkian emphasised BRICS' role in creating a balanced world order and highlighted Iran's geopolitical and energy capacities for cooperation.
Uttar Pradesh Governor Anandiben Patel addressed AI Manthan 2.0, advocating for the comprehensive integration of Artificial Intelligence across all university subjects rather than as a standalone course. She urged universities to develop clear, time-bound AI roadmaps covering education, research, healthcare, and agriculture, emphasising indigenous AI development, employment creation, and the importance of "Safe and Trusted AI." The event also saw the formation of an AI Policy Advisory Group and an AI Implementation Group to drive these initiatives.
Defending champions India, led by captain Anmol Ekka's two goals and goalkeeper Vivek Lakra's crucial saves, defeated Malaysia 3-1 in the AHF Men's Junior Asia Cup semi-final. India will now compete for their fourth consecutive and sixth overall title against the winner of the Pakistan vs South Korea match.
IT services stocks have had tough two years, with prices coming under pressure from 2025 and the sell-off extending through the first half of 2026.
The highlight of the successful BRICS Summit was its ability to deliver a joint statement that all members, including Iran and the United Arab Emirates, embroiled in the war in West Asia, signed.
IIT-Kanpur has developed an AI-powered "Family Score" system to identify households needing welfare support using existing government data. This system, demonstrated in collaboration with the Andhra Pradesh government, aims to provide a faster and more cost-effective alternative to traditional surveys for assessing socio-economic conditions and ensuring targeted welfare delivery.
InsuranceDekho and RenewBuy have merged to establish India's largest artificial intelligence (AI)-enabled insurance distribution platform, targeting a significant premium book and extensive reach across the country.
Former Chief Economic Adviser Krishnamurthy V Subramanian outlines India's strategy to become a USD 55 trillion economy by 2047. The plan hinges on leveraging its young demographic in AI, dominating sunrise sectors like space and defence tech, attracting FDI, and achieving sustained 8% GDP growth.
'When the women of India become unstoppable, India becomes unstoppable.'
India's markets regulator Sebi has launched 'Demat 2.0', a pilot project for tokenisation of corporate bonds, enabling atomic settlement through integration with RBI's wholesale CBDC. This new market infrastructure uses Distributed Ledger Technology (DLT) to make bond issuance, trading, and settlement faster and more efficient. India is the first country to issue corporate bonds natively on a distributed ledger with central bank digital currency settlement. Additionally, RBI Governor announced new UPI innovations: 'Tap & Pay' for faster POS transactions and MyUPI, an AI-powered customer support solution.
'Everyone has a surname, and I think everyone has an equal responsibility to live up to that name.'
Kanpur police are seeking 15 days' custody of Shalu, daughter-in-law of slain pharmaceutical trader Vineet Manocha, for intensive interrogation. Shalu is alleged to be the mastermind behind Manocha's brutal murder, having reportedly hired two men for Rs 6 lakh. Her husband, Subrat, also remains under scrutiny, with police examining call records and deleted messages to uncover the full conspiracy.
US-based real estate agent franchise firm Century 21 is set to enter the Indian market, estimated at around $600 billion, with a franchise-led business model. The company aims to connect Indian buyers with international properties and NRIs with Indian real estate, projecting 1,500 offices and 30,000 agents within five years.
Gautam Adani, chairman of Adani group, emphasised that energy and intelligence are inseparable national priorities, asserting that India must build its own capabilities in these sectors rather than relying on external sources, especially in the context of global conflicts and shifting supply chains.
A frozen phone screen, a fake customer-care call, a screen-sharing request or even a duplicate SIM can give cybercriminals a route into your bank account.
'It's A Cat And Mouse Game.'
Jacob Coxon, an AI researcher, resigned from Anthropic, accusing leading tech firms like OpenAI and Anthropic of irresponsibly racing towards superintelligence without adequate safeguards. He warned of existential dangers, a sentiment echoed by Anthropic's Evan Hubinger, who admitted the company lacks a plan for superintelligence alignment.
A new report by CIEL HR indicates a massive 260 per cent year-on-year surge in demand for Agentic AI engineers in India by 2026. This growth highlights AI's increasing role in automating routine tech functions and the evolving landscape of technology skills, prompting organisations to invest in reskilling and talent development to meet the rising demand for AI, cloud, and cybersecurity expertise.
A cyberattack on an automaker can spread through its wider supply chain and create significant financial losses.
Axis Bank MD & CEO Amitabh Chaudhry has cautioned that the surge in FCNR(B) deposits could lead to 'abnormal lending' as banks seek to deploy excess liquidity, while also hinting at a potential interest rate hike in the near future.
Surging growth in sales by companies hasn't translated into higher salaries just yet.
Haiwaan's staggeringly foolish notions make for unintended comedy, rues Sukanya Verma.
RBI Governor Sanjay Malhotra stated that the central bank consistently views fintechs as 'valuable partners' in shaping India's future financial system, crediting the sector with expanding financial inclusion, enhancing customer experience, and streamlining credit delivery, particularly for MSMEs.
Samsung India Electronics has initiated job cuts in its Consumer Electronics (CE) division, laying off 8-10 mid-to-senior-level employees with plans to let go of another 40-50 staff. This move is part of a cost-rationalisation exercise driven by rising input costs, muted consumer demand, and intense competition from rival Korean and Chinese players.
