Arundhati Bhattacharya, Salesforce President and CEO for South Asia, stated that cloud and AI are democratising capabilities, offering India a unique opportunity to leapfrog in technology. Speaking at the IMC Chamber of Commerce, she emphasised that AI will create more jobs and urged Indian businesses to transform using technology, rather than merely digitising. She also highlighted the significant economic potential of AI adoption for India.
Phishing sites mimicked SBI, ICICI Bank and Axis Bank to steal card details and OTPs.
India's foreign exchange reserves have surged by $12.42 billion, reaching a new all-time high of $729.33 billion for the week ended August 21, driven by increases in foreign currency assets and gold reserves.
The Ministry of Statistics and Programme Implementation (MoSPI) has upgraded its official data portal to be directly readable by AI models, aiming to prevent reliance on non-credible sources. This initiative includes standardising 288 priority datasets and addressing semantic interoperability challenges to improve public service delivery.
NeoGeoInfo Technologies, a spatial intelligence solutions provider, has secured a Series A investment of approximately USD 20 million from Neev II Fund and Aavishkaar Capital. This funding will fuel the company's R&D, expand its international presence in the Middle East and Americas, and strengthen its team for complex projects.
India's economy recorded a robust 7.8 per cent growth in the April-June quarter of fiscal year 2026-27, surpassing both market expectations and the Reserve Bank of India's forecast. This strong performance positions India as the world's fastest-growing major economy, demonstrating resilience despite global economic uncertainties and geopolitical tensions, including the conflict in Iran. The Ministry of Statistics and Programme Implementation highlighted the sustained growth momentum amidst global headwinds.
At least four to five privately placed infrastructure investment trusts (Invits) are expected to transition to public listings by the end of the 2026-27 financial year, significantly increasing the number of publicly traded Invits to 12-14, according to N S Venkatesh, CEO of the Bharat Invits Association (BIA).
Around 600 children are unaccounted for in Nepal's Rasuwa and Nuwakot districts following devastating flash floods, which have raised the death toll to 1,282 with over 4,700 people still missing.
Andhra Pradesh Chief Minister N Chandrababu Naidu has approved the establishment of India's first dedicated Quantum and AI University campus in Amaravati by NIELIT. This significant project, funded by the MeitY, Government of India, will focus on advanced technologies like Quantum, AI, and Semiconductors, integrating education, research, and entrepreneurship.
The Indian Centre has spent 37 per cent of its ~12.22 trillion capital expenditure target in the first four months of FY27, marking a 30 per cent year-on-year increase, while simultaneously keeping the fiscal deficit under control at 27 per cent of the Budget Estimate.
A new scientific report reveals that the recent devastating floods in Nepal's Bhotekoshi-Trishuli corridor were triggered by a massive ice-rock avalanche from the high Himalayas, challenging initial assumptions of rainfall or glacial lake outburst floods.
Madhya Pradesh Minister Kailash Vijayvargiya has ignited a political firestorm with his controversial remarks suggesting sugar should be "very expensive" and avoided by those over 40, drawing sharp criticism from the opposition amidst rising inflation concerns.
India has exhausted 58.04 per cent of its FY27 fertiliser subsidy budget in under five months, primarily due to a significant surge in global urea prices following the conflict in West Asia, necessitating potential additional government expenditure.
Investors are keenly awaiting clarity on Reliance Jio Infocomm's IPO, the company's AI and data centre strategies, and next-generation leadership structure at Reliance Industries Ltd's (RIL's) 49th annual general meeting (AGM).
Finance Minister Nirmala Sitharaman stated that India is likely to sustain economic growth of 7 per cent or more in 2026-27, continuing the pace recorded since the Covid-19 pandemic, despite geopolitical uncertainties and supply-chain disruptions.
Indian banks anticipate a reduction of up to 50 basis points in their funding costs due to a surge in liquidity from robust Foreign Currency Non-Resident (Bank), or FCNR (B), flows, lessening their reliance on more expensive certificates of deposit (CDs).
'A balance had to be struck between the economic cost of taking action at this point against the need not to fall behind the curve in controlling inflation and anchoring inflation expectations.'
Amidst ongoing ethnic tensions, a new political alignment in Manipur sees Meitei and Naga groups uniting to demand an update to the National Register of Citizens with a 1951 base year, a move fiercely opposed by Kuki-Zo communities who fear it will disenfranchise them.
The Karnataka government is reviewing its data centre policy to prioritise sustainability due to concerns about the significant water and energy consumption of data centres. The government is exploring coastal locations like Mangaluru for future data centre development and focusing on smaller-scale data centres.
The Centre has spent 28 per cent of its FY27 capital expenditure budget of Rs 12.21 trillion in the first three months against around 24.5 per cent during the corresponding period a year ago.
The task force's move to directly solicit views from students, parents and teachers marks a parallel effort to bring education stakeholders into the reform process.
JLKM leader Devendra Mahto, who ended his 16-day hunger strike after the Jharkhand government cancelled job exams over alleged irregularities, announced a second phase of protests for corruption-free recruitment by JPSC and JSSC, demanding government guarantees against future paper leaks and irregularities.
'The trigger for the flood was definitely natural, but the damage that it caused was human-made.'
India's foreign exchange reserves increased by $9.9 billion to $716.9 billion for the week ended August 14, as reported by the Reserve Bank of India (RBI). This surge follows a previous jump of $14.14 billion in the week prior, indicating a robust recovery after a period of decline earlier this year.
Prime Minister Narendra Modi has called upon India's youth to dream big, assuring them of government support and resources, including a Rs 1 lakh crore Innovation Fund, to bolster the country's burgeoning startup ecosystem and drive its journey towards becoming a developed nation.
'You have to get private investment to somewhere between 35% to 36% of GDP. It is hovering about 30%-31%.'
Karnataka Chief Minister D K Shivakumar met with AI major Anthropic to discuss a long-term partnership aimed at accelerating AI adoption across governance, education, healthcare, research, and the state's startup ecosystem. The collaboration focuses on deploying AI solutions responsibly, ensuring data privacy, and developing AI-focused skilling programmes and an AI University.
The Maharashtra government has declared snakebite a notifiable disease, mandating all healthcare providers to report cases and deaths. This move aims to strengthen monitoring, ensure timely treatment, and improve anti-snake venom availability, following a tragic incident where tribal schoolgirls died from snakebites.
Of the 37,448 candidates registered for the Foreign Medical Graduate Examination (FMGE) in June, 36,288 appeared and 4,635 qualified.
Indian refiners are diverting 350,000 tonnes of sugar, originally slated for export, to the domestic market to ease a supply crunch and stabilise prices ahead of the festive season.
The first 'Kanda Express', a dedicated rail rake carrying 453.65 tonnes of onion from Nashik, Maharashtra, has arrived in Delhi to boost supplies and help rein in soaring prices, with the onion to be sold at a subsidised rate of Rs 35 per kg.
The Securities and Exchange Board of India (Sebi) is set to undertake a comprehensive overhaul of the small and medium enterprise (SME) listing framework and tighten accountability around the use of artificial intelligence (AI) and machine learning (ML) in financial markets, Sebi Chairman Tuhin Kanta Pandey announced.
The Supreme Court has advised the Tamil Nadu government to present its grievance regarding the proportionate release of Cauvery water to the Cauvery Water Management Authority (CWMA). This comes after Tamil Nadu alleged that Karnataka was not releasing its due share of water despite directions from the Cauvery Water Regulation Committee (CWRC) and CWMA, impacting farmers in the state.
A senior cryosphere specialist has warned of a potential secondary flash flood in Nepal due to debris from an ice-rock avalanche accumulating at a river confluence, creating a temporary dam that is collecting water.
Chinese officials warn that glaciers on the Tibetan Plateau are becoming increasingly unstable, leading to a higher risk of flash floods and other disasters, as evidenced by a recent deadly ice-rock avalanche near the Nepal-Tibet border. The region has seen a significant reduction in glacier area, and scientists are calling for advanced monitoring systems to predict these complex events.
The top 500 listed companies had 860 women directors or board members overall.
The Indian government's proposal to extend the operating life of certain battery-electric, CNG, and hydrogen vehicles under national permits by five years could significantly improve their total cost of ownership (TCO) and residual values, according to industry experts.
'Once the numbers come out, they fear that the OBCs would start to demand, and articulate what they are lacking, why they are lacking and what should be done to go forward.'
'Improved law and order and transparent governance have helped change UP's investment image.'
India has attracted foreign direct investment (FDI) worth approximately 4,896 crore across 29 projects since May, following the government's relaxation of norms under Press Note 2 of 2026. The revised rules permit investment without government approval from entities with up to 10 per cent non-controlling ownership by land-bordering countries.
