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.
Brijesh Singh, Principal Secretary (Information and Publicity), Maharashtra, highlighted the transformative role of Artificial Intelligence in journalism and encouraged women journalists to embrace this technological shift to enhance their skills and drive positive change.
Accel's early investment in RentoMojo, a furniture and appliance rental platform, has paid off handsomely with the company's strong debut on the stock exchanges, listing nearly 19 per cent above its issue price after a significantly oversubscribed IPO.
Jharkhand Assembly Speaker Rabindra Nath Mahato has called for the formulation of a more effective and stringent policy to curb cybercrimes, fraud, and digital scams. He highlighted the dual nature of artificial intelligence, which simplifies life but also presents serious challenges through misuse. Various experts and MLAs at a workshop emphasised the importance of cybersecurity education, personal digital responsibility, and empowering legislators to strengthen institutional resilience against cyber threats.
St Stephen's College is set to embrace artificial intelligence (AI) under its newly-appointed principal, Susan Elias, the first woman to hold the position in the college's 145-year history. Elias aims to equip students with AI and quantum computing skills, introducing certification courses for students and alumni.
'Everyone has a surname, and I think everyone has an equal responsibility to live up to that name.'
The merged InsuranceDekho-RenewBuy entity aims to significantly expand its distribution network across India, offering insurance, mutual funds, and loans, with a strong focus on 'Bharat' (rural India), according to CEO Ankit Agarwal.
Indian mutual funds have significantly reduced their exposure to the information technology (IT) sector, with holdings now at an eight-year low of 6.7% in April 2026, driven by weak earnings growth, global demand slowdown, and concerns over AI-led disruption.
Gaganyaan astronaut Prasanth Balakrishnan Nair stressed the critical importance of AI sovereignty for national cybersecurity, citing the increasing difficulty in distinguishing between real and fake content due to AI. Speaking at the Kerala Cyber Suraksha Summit, Nair highlighted that future conflicts and industries would involve a 'whole-of-nation approach,' blurring physical and digital boundaries. He urged greater awareness of digital threats and emphasised India's need to build on its technological capabilities in AI and cybersecurity, drawing parallels with the success of Chandrayaan-3. Other speakers also underscored the rising threat of cyberattacks and the potential for Kerala to contribute to national technology requirements.
If AI-generated material is found to be 'false, fabricated, misleading or inaccurate', the person filing it will be accountable and cannot cite the AI-generated nature of the material as a defence.
Union Education Minister Dharmendra Pradhan announced that all high schools in India will have broadband internet connection within the next 2-3 years, with a focus on integrating Artificial Intelligence (AI) into education.
Dell Technologies is significantly expanding its domestic manufacturing in India, with a majority of its servers now produced locally, driven by data sovereignty and AI adoption. The company also launched new AI infrastructure solutions, including PowerStore Elite, designed for secure on-premises data management and AI workflows, while asserting that AI creates more jobs.
China's Tiangong Ultra humanoid robot has set a new 100-metre sprint record of 8.86 seconds at the World Humanoid Robot Games in Beijing, significantly surpassing Usain Bolt's human world record of 9.58 seconds.
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).
Generative artificial intelligence (AI) is beginning to alter hiring patterns in South Asia, with multinational companies (MNCs) and firms integrated into global value chains (GVCs) reducing recruitment more sharply than domestic firms, signalling the technology's early impact on the region's export-oriented services sector, according to the World Bank's World Development Report 2026.
Higher US Treasury yields, particularly the 10-year yield approaching 5 per cent, pose a significant near-term risk to global equity markets, including India, potentially triggering a 'big correction' according to market strategists.
The retro hair, the vintage clothing, that's not the real charm of these images. It's the ability to look at a screen and create the one thing modern technology has never been able to give us: the tactile, imperfect feeling of memory, points out Kaleem Ullah Fasihi.
Indian-origin NASA astronaut Anil Menon, along with two Russian cosmonauts, has embarked on an eight-month mission to the International Space Station (ISS) aboard a Soyuz MS-29 spacecraft. This marks Menon's first spaceflight, where he will conduct scientific research and technology demonstrations focused on human space exploration, microgravity effects, and in-space production of advanced materials.
'ChatGPT for Teens brings together learning and safety features in one unified experience, supporting active, collaborative learning outside the classroom while enabling more intentional and age-appropriate use of AI.'
Congress leader Rahul Gandhi addressed the 'Chhatron Ki Goonj' programme in Prayagraj, emphasising that India's youth are its greatest strength. He raised concerns about the lack of employment opportunities, the declining value of educational credentials, and issues like exam paper leaks, urging youth to bring change through love and affection.
Myanmar President U Min Aung Hlaing assured Prime Minister Narendra Modi that Myanmarese territory would not be allowed to be used against India's security interests, as the two leaders held wide-ranging talks to boost bilateral ties in trade, defence, and energy.
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.
TRAI Chairman Anil Kumar Lahoti highlights the increasing importance of Artificial Intelligence in the design, management, and experience of telecom networks in India, noting its role in self-optimising networks, cybersecurity, and preparing for 6G technology.
'In fact, when monetary policy has been deployed, it does not distinguish between types of shocks. It goes straight for the kill.'
Shiprocket plans to allocate a significant portion of its IPO proceeds towards artificial intelligence (AI), aiming to evolve its e-commerce enablement platform into a comprehensive operating system for merchants, enabling conversational commands and reducing manual tasks.
SpaceX and Tesla are jointly investing USD 16.8 billion to construct 'Terafab', an advanced AI semiconductor complex in Grimes County, Texas. This massive facility aims to address the global chip supply shortage, create thousands of jobs, and produce AI chips for Elon Musk's various ventures, including Tesla's robots and SpaceX's orbital data centres. The project is supported by a USD 30 million grant from the Texas government.
NITI Aayog member Abhay Karandikar stated that the US government's new export controls, which led AI giant Anthropic to take its latest models offline, underscore the critical need for India to achieve self-reliance in technology development, particularly in AI infrastructure and hardware.
An innovation roadmap, a mechanism to double annual bilateral trade within next five years, and a joint artificial intelligence framework were among 13 outcomes to emerge from wide-ranging talks between Prime Minister Narendra Modi and President Emmanuel Macron on Sunday.
OpenAI has appointed Prabhjeet Singh as its Managing Director for India, a key market for the AI company. Singh, formerly President of Uber India and South Asia, will oversee consumer growth, enterprise adoption, partnerships, and regulatory engagement, reinforcing OpenAI's commitment to India's rapidly expanding AI ecosystem.
Punjab School Education Board announces integration of Artificial Intelligence as a core component of the school curriculum, with learning outcomes reflected on student certificates.
IIT Ropar's ANNAM.AI, in collaboration with Syngenta and Google, has launched 'HACK CORE 2026', a national AI hackathon. It invites innovators to develop AI-driven solutions for critical agricultural challenges like crop health, pest management, and climate-resilient farming, offering significant prizes and mentorship.
The Maharashtra government is setting up a ministerial task force, led by Minister Ashish Shelar, to ensure the effective implementation of its drone policy. Chief Minister Devendra Fadnavis announced this, emphasising the need for a "policy of policies" to integrate R&D, manufacturing, testing, and subsidies, and to strengthen the state's drone ecosystem, including developing a 'Drone City'.
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.
EY India has launched its Cyber Performance Management (CPM) platform, an integrated solution designed to help enterprises quantify and manage cyber risk in real-time. This platform leverages AI and cybersecurity to provide decision intelligence, enabling organisations to identify and address threats proactively and translate cyber exposure into financial insights.
Prime Minister Narendra Modi has urged states to balance the opportunities presented by artificial intelligence with the need to safeguard against social challenges like cyber fraud and drug abuse. He also warned of the risks posed by El Nino conditions, calling for stronger water conservation measures and emphasising the collective resolve towards a 'Viksit Bharat'.
Gautam Adani emphasised the importance of energy security and digital infrastructure in shaping geopolitical power, urging India to develop sovereign capabilities across the AI value chain.
Indian stock market benchmark indices Sensex and Nifty closed nearly one per cent higher, extending their winning streak for a second day. This rally was driven by softening crude oil prices, positive geopolitical developments, and significant buying in blue-chip IT stocks, despite a broader global tech sell-off.
Sarvam AI, an Indian full-stack sovereign artificial intelligence company, has achieved unicorn status after raising $234 million in a Series B funding round led by HCLTech and Bessemer Venture Partners, with HCLTech acquiring a 10.46 per cent stake.
Tata Consultancy Services (TCS) has announced a five-year strategic deal with German automaker Porsche AG worth 1.25 billion (nearly 14,000 crore), which includes the acquisition of Porsche's wholly-owned subsidiary MHP Management- und IT-Beratung GmbH for 320 million (around 3,574 crore). This move is set to significantly expand TCS's consulting footprint in Germany and the broader European market, giving it access to MHP's customer base and specialised talent.
Maharashtra Chief Minister Devendra Fadnavis said that CCTV footage and images of the number plate of the vehicle involved in the IED recovery incident in Pune are being enhanced to identify the accused.
