Amazon will invest more than Rs 2,000 crore (about $233 million) in India in 2025 as it strengthens its logistics and safety standards, said the ecommerce company on Thursday.
'India is a very strategic geography. The business is growing over 37-38 per cent year-on-year.'
US Vice President JD Vance described the evolving US-India relationship as a family-like bond that transcends diplomacy, highlighting how his children have become fond of Prime Minister Narendra Modi during their trip to India. Vance shared a heartfelt account of his family's experience, revealing the significance of personal connections in strengthening bilateral ties. He said his three kids have developed rapport with both President Donald Trump and Modi, with Modi's warm reception and gestures impressing the family. Vance also spoke about the hospitality he received from Modi, including a dinner at his residence, and his wife Usha Vance's surprising celebrity status in India.
Prime Minister Narendra Modi met with US Vice President J D Vance and his family, Estonian President Alar Karis, and UN Secretary General Antonio Guterres on the sidelines of the AI Action Summit in Paris. The meetings focused on bilateral relations, AI collaboration, and trade opportunities. Modi also invited Estonia to explore opportunities in India's growth story. He concluded the summit by expressing India's willingness to host the next AI Action Summit.
Prime Minister Narendra Modi held a series of bilateral meetings with his global counterparts on the margins of the G7 Summit in Kananaskis, with discussions focusing on a range of issues such as trade, investment, counter-terrorism and global challenges.
The war and Modi's recent visit to Ukraine is expected to figure prominently in the bilateral meeting, according to US National Security Adviser Jake Sullivan.
Prime Minister Narendra Modi has concluded his visit to France, which included co-chairing an AI summit and bilateral talks with French President Emmanuel Macron. He is now headed to the US for a bilateral meeting with President Trump. Modi's visit to France included discussions on trade, defense, energy, and cultural linkages. He also inaugurated India's new consulate in Marseille. During his visit to the US, Modi will also interact with business leaders and members of the Indian community.
The CII Business Summit 2025's inaugural session witnessed a rousing standing ovation and a felicitation ceremony for the defence top brass sending a strong message about India's rising military industrial complex and hghlghting that security is a top-of-the-mind issue for India Inc.
'Its nature changes, new types of jobs are created.' 'We need to invest in skilling and re-skilling our people for an AI-driven future,' Prime Minister Narendra Modi said in his opening speech at the AI Action Summit in Paris, co-hosted by India.
What all global leaders need to understand is that no Generative AI regulation will work unless they start with the basics, which is data collection, asserts Prosenjit Datta.
'This is the Bengal story, where businesses are nurtured, dreams are realised, and legacies are built.'
In 1930, John Maynard Keynes predicted that by 2030 technology would be so advanced that three hours of work per day would suffice. Has AI brought about the transformation that Keynes predicted, asks Atanu Biswas.
'You don't need massive industry or huge energy resources.' 'You could start with just 3 or 4 people in a coffee shop and invent the world.'
Calling out the need for a global consultative approach towards the creation of regulations around artificial intelligence (AI), Rajeev Chandrasekhar, minister of state for information technology, said India has taken the lead in framing such regulations. He also stated that these frameworks will be presented by June-July this year. "India has taken the lead in creating this draft paper.
Tata Consultancy Services (TCS) has to "keep evolving" and be relevant to clients as generative artificial intelligence (GenAI) technologies emerge, K Krithivasan, chief executive officer and managing director of the IT company, has said in a New Year's message to employees. "It is always heartening to see the reinforcement of how strong our relationships are with our clients and the level of trust they place with us.
Technology is rapidly reshaping industries that have long been rooted in tradition, driving a wave of innovation that is transforming everything from finance, banking, steel to manufacturing.
Prime Minister Narendra Modi will pay a two-day working visit to the US from February 12 during which he will meet President Donald Trump, the external affairs ministry announced. The visit will give further impetus and direction to India-US bilateral relationship. Prior to his US visit, Modi will be in France from February 10-12 to co-chair the AI Action Summit with French President Emmanuel Macron. He will also visit Cadarache, the site of the International Thermonuclear Experimental Reactor of which India is a partner. During his visit to France from February 10-12, Modi and Macron will also address the India-France CEOs forum. The prime minister and Macron will travel to Marseille where they will inaugurate the Consulate General of India. The leaders will also visit the war cemetery and pay tribute to the sacrifices made by Indian soldiers in World War 1. Modi and Macron will visit Cadarache, the site of the International Thermonuclear Experimental Reactor (ITER). There has been a very close rapport between Trump and Modi, dating back to the US leader's first term. There is a clear convergence of interests between the two countries in several areas, including trade, investment, technology, defense cooperation, counterterrorism, Indo-Pacific security, and people-to-people relations.
India's versatile media and entertainment industry can grow more than three-fold to $100 billion in the next decade, creating millions of jobs and a ripple effect across sectors, billionaire Mukesh Ambani said on Thursday.
Former India captain and coach Ravi Shastri urged players to embrace both media and technology as without them, the sport wouldn't have evolved the way it did in the last 40-45 years.
Artificial Intelligence, innovation and next-generation technologies figured prominently during the high-stakes discussion between Prime Minister Narendra Modi and US President Donald Trump at the White House, as the two sides announced transformative measures, including the US-India TRUST initiative, roadmap on accelerating AI infrastructure and INDUS Innovation, to boost tech ties.
'We will work together for the mutual benefit of the people of our two countries and shape a better future for the world.'
US Vice President JD Vance called on India to drop non-tariff barriers, give greater access to its markets and buy more American energy products and military hardware. Vance, in a speech in Jaipur, highlighted the need for a stronger US-India partnership for a prosperous and peaceful 21st century. He emphasized the importance of working together to address global challenges and praised Prime Minister Narendra Modi, describing him as a "special person." Vance also urged India to provide greater market access to American products and buy more defense platforms and energy from the US. He suggested that India consider dropping some of the non-tariff barriers for American access to the Indian market and highlighted the benefits of closer India-US defense collaboration, advocating for New Delhi to procure more military hardware from the US. He cited the example of American fifth-generation F-35s, arguing they would give the Indian Air Force the ability to defend its airspace and protect its people like never before. Vance also welcomed the Modi government's budget announcement to amend India's civil nuclear liability laws, paving the way for US producers to export small modular reactors and build larger US-designed reactors in India. He emphasized the importance of energy security for India's AI ambitions, stating "there is no AI future without energy security and energy dominance." Vance's visit comes amid growing global concerns over the US's tariff war.
Generative artificial intelligence (AI), climate tech and fintech sectors will be the hot areas for venture capitalists and founders in the next year, according to the prediction by Prashanth Prakash, founding partner of the global venture capital firm Accel Partners in India and the chairperson of Karnataka Startup Vision Group. Prakash said that about $25 billion has been invested into building Gen AI globally. But a lot of that capital has not yet come to India, opening up huge opportunities for startups in the country.
'In the Indian government there are no illusions about the United States reliability or the possibility of having any kind of preferential treatment from Washington when it comes to trade.'
The TMC-led West Bengal government has already started laying the groundwork for the election, setting the tone with the recent Bengal Global Business Summit and the state Budget.
Prime Minister Narendra Modi and US Vice President JD Vance have expressed satisfaction with the progress made in negotiations for a bilateral trade agreement. The two leaders met in New Delhi and discussed a range of bilateral issues, including cooperation in energy, defense, strategic technologies, and other areas. They also exchanged views on regional and global issues of mutual interest.
Prime Minister Narendra Modi on Sunday called for a global framework for ethical use of Artificial Intelligence (AI) as he flagged concerns surrounding bias in such modern technologies and their impact on the society. Days ahead of the G20 Summit, the prime minister also made a strong case for developing an integrated approach to deal with issues concerning cryptocurrencies. Modi, addressing B20 Summit India 2023 organised by CII, said India is preparing a global framework for Green Credit and urged industry leaders to adopt life and businesses with emphasis on planet positive actions.
'Every Indian should move to an EV, and the government should not buy any fossil fuel cars. The government should become the first driver of EV adoption.'
Prime Minister Narendra Modi and French President Emmanuel Macron have called for enhancing trade and investment ties between their countries and committed to further deepening their engagement in the Indo-Pacific. They discussed a full spectrum of bilateral relations, including key global and regional issues, and stressed the urgent need for reform in the United Nations Security Council. The leaders also underscored their commitment to ensuring the global AI sector can drive positive social, economic, and environmental outcomes.
Prime Minister Narendra Modi paid homage to the memory of freedom fighter V D Savarkar in Marseille, France, where Savarkar had attempted a daring escape from British custody in 1910. Modi also inaugurated a new Indian Consulate in the city, marking a significant step in strengthening India-France ties. The prime minister's visit includes a series of engagements with French President Emmanuel Macron, including a visit to the Mazargues War Cemetery to honor Indian soldiers who died in the World Wars. They will also tour the International Thermonuclear Experimental Reactor (ITER) project.
While Modi was given this t-shirt by Biden, Microsoft CEO Satya Nadella, Chairman of Mahindra Group, Anand Mahindra, Apple CEO Tim Cook and External Affairs Minister S Jaishankar could be seen at the event, amongst many others.
Modi will try to impress upon the Trump administration the importance of appreciating its sensitivities and political implications on the issue of deporting undocumented Indians in military aircraft.
Marseilles was the base of the Indian troops in France during the 1914-18 war and throughout the War the Royal Navy, the Merchant Navy, British troops and labour units worked in the port or passed through it, the CWGC website said.
Magnus Carlsen of Norway feels that on current form Indian star D Gukesh is the favourite to win the World Chess Championship
Blue Origin's 10th human flight, NS-30, will lift off from Launch Site in West Texas on Tuesday, February 25.
'What I hope to do is provide a vehicle for that scale and growth in literacy and English as a second language here.'
Modi called business communities and governments to work together to ensure usage of ethical AI as "we have to sense the potential disruptions in different sectors. This problem has to be solved under the global framework."
The annual Quad summit at President Joe Biden's hometown Wilmington is expected to roll out a series of new initiatives to boost cooperation in the Indo-Pacific and explore ways to find peaceful solutions to the conflicts in Ukraine and Gaza.
Trump said that he and Putin agreed to have their respective teams start negotiations immediately and begin by calling Ukraine President Volodymyr Zelenskyy regarding the conversation.
'The cooperation in technology is one of the most important aspects of the visit.' 'It will have a long-lasting impact because it will shift the entire paradigm in the context of artificial intelligence and emerging technologies.'
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