India has highlighted 13 key outcomes from the recent Shanghai Cooperation Organisation (SCO) summit, focusing on enhanced cooperation in security, counter-terrorism, and addressing transnational threats. These outcomes include the establishment of a Universal Centre for Countering Challenges and Threats to Security, a strong stance against state-sponsored terrorism, and agreements on narcotics control, climate change, and artificial intelligence, reinforcing India's engagement in the Eurasian region.
Iranian President Masoud Pezeshkian declared that Iran will not succumb to "bullying" from the US and Israel, vowing to protect national interests amidst escalating West Asian hostilities. During his visit to New Delhi for the BRICS summit, Pezeshkian also discussed strengthening bilateral ties with Prime Minister Narendra Modi and advocated for local currencies in BRICS trade, positioning Iran as a strategic energy and transport partner.
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.
Goa has successfully completed its first pilot drone-skilling workshop for 12 women and plans to train 100 women annually under the Goa Drone Didi Training Scheme. This initiative aims to promote drone technology, rural livelihoods, and women-led entrepreneurship, aligning with the Centre's Namo Drone Didi programme.
'Companies are getting selective about what they pay a premium for.'
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.
'Everyone has a surname, and I think everyone has an equal responsibility to live up to that name.'
The National Payments Corporation of India (NPCI) stated that the Merchant Discount Rate (MDR) "is distributed only amongst the UPI ecosystem, to further invest into infrastructure resilience, innovation, cybersecurity (protecting the UPI infrastructure with banks and non-banks) and customer service."
A new report reveals that enterprise AI investment in India has surged by 119 per cent, exceeding the global average. However, only 22 per cent of Indian organisations have established adequate governance frameworks, creating a significant gap between rapid deployment and safe, scalable AI adoption. This lack of governance impacts operational depth and raises concerns about transparency, regulation, and data privacy.
The companies that grow are the ones that adapt quickly, embrace technology thoughtfully and never lose sight of the customer.
The government is introducing a 0.4% Merchant Discount Rate (MDR) on UPI person-to-merchant payments above Rs 2,000, effective October 15. This move ends the zero-MDR regime, aiming to fund UPI infrastructure and sustainability, as the previous government subsidy was insufficient to cover operational costs. Payments between individuals and most everyday merchant transactions will remain free.
Sterlite Technologies plans to invest up to USD 100 million in the US to strengthen its manufacturing capacity for AI data centres and telecom customers.
Union Minister Nitin Gadkari has expressed his determination to blacklist contractors and suspend officials responsible for delays and shoddy execution of infrastructure projects. He plans to personally inspect the delayed Mumbai-Goa Highway in October and urged the Goa government to develop roadside amenities and promote green initiatives along the route. Gadkari also highlighted the importance of infrastructure for economic growth and sustainable development.
Bengaluru-based Oppex AI, an AI-native platform for production operations, has successfully raised Rs 4.2 crore in a pre-seed funding round led by Info Edge Ventures. The capital will be utilised to expand its team, accelerate product development, and scale deployments, aiming to advance AI-led transformation in enterprise technology.
A working paper by the Economic Advisory Council to the Prime Minister (EAC-PM) reveals a continuous decline in the rate at which foreign-owned firms invest in fixed assets in India since the FY20 peak, contrasting with a steady increase from Indian business groups.
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.
The National Skill Development Corporation (NSDC), in collaboration with Amazon Web Services (AWS) and Cultus Education, has launched a nationwide initiative to provide cloud and AI skilling to 1.5 lakh learners. This programme aims to equip youth, especially from Tier 2 and Tier 3 cities, with essential technology skills and job-ready training, contributing to India's goal of becoming a global innovation hub.
E-Eye, which cost about Rs 3,500 to develop, can test a sample for around Rs 2, making it particularly suitable for field-level water quality monitoring in areas where access to sophisticated laboratories is limited.
MiniMines Cleantech Solutions has secured an Indian patent for its Hybrid Hydrometallurgy technology, which efficiently recovers critical minerals like lithium, cobalt, and nickel from end-of-life lithium-ion batteries and electronic waste. This innovative process, developed in India, supports sustainable battery recycling and strengthens resource security for the nation's growing demand for critical minerals.
India's venture capital deal value grew by a modest 5 per cent in the first seven months of the year, significantly lagging the global average surge of 161 per cent, reflecting continued investor caution and valuation discipline.
The case pertains to a tender awarded to Ms Euroteck Environmental Private Limited when Jain was the Delhi water minister.
Formula E is entering its Gen4 era with ambitious plans to close the performance gap with Formula One, aiming for near-F1 speeds on several tracks by the end of the next four-season cycle. The all-electric series anticipates Gen4 cars reaching 335 kmph with significant lap time improvements, driven by advanced technology and high efficiency. Despite manufacturer exits, co-founder Alberto Longo asserts continued interest, while CEO Jeff Dodds believes electric racing could eventually surpass F1 in performance, bolstered by new partnerships like Disney+ to boost awareness.
Prime Minister Narendra Modi and Russian President Vladimir Putin held extensive discussions to strengthen bilateral trade, defence, and energy cooperation, while also addressing the ongoing Ukraine conflict and exploring avenues for peace and resolution, with Modi reiterating India's call for dialogue and diplomacy.
Prime Minister Narendra Modi has introduced a 'Sapta Dhara' (seven-stream) reform framework, aiming to propel India into a developed nation by 2047. This comprehensive plan focuses on key sectors including manufacturing, agro-food processing, technology, logistics, defence, green and blue economy, and soft power, leveraging the nation's youth potential.
The Asus VM240 AiO combines a sleek, space-saving design with AMD Ryzen 5 performance, a 24-inch display and AI-powered features. Priced at Rs. 66,990, the all-in-one desktop is now available to buy in India, offering a clutter-free setup for work, entertainment and everyday computing.
Surging growth in sales by companies hasn't translated into higher salaries just yet.
India is actively integrating payment system harmonisation into its Free Trade Agreement (FTA) negotiations, especially with countries hosting a large Indian diaspora. This strategy aims to leverage India's growing fintech ecosystem, facilitate cross-border financial services, and position India as a global hub for financial services exports, particularly through platforms like GIFT City.
RBI Deputy Governor Rohit Jain discussed the future of India's foreign exchange markets, highlighting the increasing role of local currencies in cross-border trade, the impact of technology, and existing challenges. He emphasised the need for market evolution to facilitate India's global engagement, absorb shocks, and serve all users efficiently. Jain also addressed concerns about unauthorised forex trading platforms and the importance of customer awareness.
Nine employee associations at ISRO have written to Chairperson V Narayanan, seeking official clarification on the proposed transfer of manufacturing and operational functions to private entities. They raised concerns about ISRO's future role, employee consequences, and recruitment, following comments by IN-SPACe chairperson Pawan Goenka regarding ISRO's eventual exit from launch vehicle manufacturing.
Andhra Pradesh Chief Minister N Chandrababu Naidu has set an ambitious target for district collectors to achieve a 15-20 per cent growth rate, building on the state's 13.4 per cent growth in Q1 FY27, the highest in India.
A seminar in New Delhi commemorated Acharya Prafulla Chandra Ray's birth anniversary, focusing on his significant contributions to pharmaceutical sciences and his vision for indigenous research and self-reliance. Organised by DPSRU and VIBHA, the event highlighted Ray's pioneering efforts in "Swadeshi science" and his role in establishing India's pharmaceutical industry.
Hindutva influencer Swatantra Bhardwaj has been remanded to one-day judicial custody by a Delhi court in connection with the alleged assault on the father of a student activist during a protest at Jantar Mantar. The Delhi Police have added charges under the SC/ST (Prevention of Atrocities) Act and criminal intimidation, along with a POCSO case, following his detention and previous claims of "cracking the skull" of the activist's father.
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.
Potential external candidates include Anup Bagchi, Rajiv Sabharwal and CSB Bank's Pralay Mondal.
'From day one, our vision has been to build a company that develops and owns the technologies defining the future of space.'
The Revolutionaries never draws you into its world nor explains the mind and motivation of its heroes or even the mood within a nation they're going through so much trouble for, observes Sukanya Verma.
N Chandrasekaran's exit marks a major shift for TCS, leaving its leadership to navigate AI disruption without the group chairman's deep expertise.
The challenge for India lies in navigating complex landscape to its best advantage. The BRICS Summit will test its navigation skills, asserts former foreign secretary Shyam Saran.
India and Japan have signed a Memorandum of Arrangement on maritime security cooperation, committing to deepen defence ties and oppose unilateral actions that impede freedom of navigation in the Indo-Pacific, a move seen as directed at China's increasing military presence.
The Department of Posts successfully conducted its first-ever drone delivery of the National Flag from Mandi to Rehardhar in Himachal Pradesh. This initiative, overseen by Union Minister Jyotiraditya Scindia, highlights the integration of technology with public service to enhance last-mile connectivity in challenging terrains and supports the 'Har Ghar Tiranga' campaign.
