A new IDC report reveals that artificial intelligence is prompting organisations worldwide to retrieve and utilise previously archived, "cold-tier" data for AI training, significantly increasing its perceived value and leading to longer data retention periods and a burgeoning market for datasets.
State Bank of India (SBI) is developing an innovative solution to assess the creditworthiness of small businesses lacking GST registration by utilising UPI transaction data. This initiative aims to provide end-to-end digital loans within a day, addressing the financial exclusion of many small enterprises.
Indian banks and non-banking financial companies (NBFCs) are undertaking a comprehensive review and reset of their engagement terms with fintech firms, driven by the Reserve Bank of India's (RBI) draft Guidance on Regulatory Expectations for Data Governance and the stringent compliance requirements of the Digital Personal Data Protection (DPDP) Act, 2023, and its 2025 Rules.
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.
Analysts predict that the Indian stock market's sentiment this week will be primarily influenced by the domestic GDP data announcement, crude oil prices, and the crucial US non-farm payrolls report.
A data breach does not end when the headlines fade. For victims, stolen personal information can fuel fraud, identity theft and financial losses for years.
The Delhi government has signed a Memorandum of Understanding with EkStep Foundation to transform its administrative data into an AI-ready format. This initiative aims to improve governance, enhance public service delivery, and enable proactive, evidence-based decision-making by leveraging artificial intelligence.
The ACSEL Technology Forum, a Karnataka government Centre of Excellence in AI, has launched Tathyakosh.in, a digital public good designed to make India's extensive public data more accessible. This platform consolidates over 1.5 million datasets from 458 sources, addressing the challenge of fragmented data discovery across various government and research portals. It aims to benefit researchers, startups, and technology teams in sectors like healthcare, agriculture, and financial inclusion by providing a structured and discoverable data infrastructure.
India's statistics ministry has defended its newly released economic growth estimates, stating that revisions to last year's GDP and the divergence between different price measures reflect updated data and estimation techniques rather than an attempt to artificially boost headline growth.
A top SBI official has highlighted the challenges bankers face in lending to MSMEs using only GST data, advocating for the integration of alternative data sources like power consumption and telecom records through credit bureaus to improve credit assessment.
The move comes amid growing demand from organisations in India for local access to Claude.
Bank credit to industry in India surged by 20 per cent year-on-year in July, significantly accelerating from the previous year, driven by strong expansion in sectors like engineering, gems and jewellery, and petroleum-related industries, according to the Reserve Bank of India (RBI). However, growth in gold loans, while still expanding, saw a sharp moderation.
Sikkim has identified 40 high-hazard glacial lakes, with 16 at the highest risk of catastrophic outbursts. Following a devastating GLOF in 2023, the state is developing India's first dedicated GLOF Risk Mitigation Protocol, using advanced monitoring and interdisciplinary approaches to protect downstream settlements and serve as a model for other Himalayan regions.
Microsoft has announced the activation of its latest data centre in Hyderabad, significantly expanding its Cloud infrastructure in India and enabling organisations to leverage AI-era services with enhanced local choice and security.
The Defence Research & Development Organisation (DRDO) has dismissed recent media reports of an alleged cybersecurity incident and data breach as "incorrect and unverified." Officials clarified that investigations found no evidence of an active cyber attack or data exfiltration, stating that any leaked data is unclassified, outdated, and fabricated by threat actors for financial gain.
Inflows into non-resident Indian (NRI) deposit schemes decreased by 23.24 per cent to $2.78 billion during the first quarter of FY27, down from $3.61 billion in the previous year, according to Reserve Bank of India (RBI) data.
Gold and silver prices are expected to continue their upward trend next week, driven by anticipation of key US inflation data and Federal Reserve signals, though profit-booking may occur at higher levels.
India's largest IT firm, TCS, has received threat-intelligence alerts regarding a potential leak of 'basic' employee data, but the company asserts there is no indication of customer data or operational systems being affected.
India's government has implemented stringent new regulations under the Telecommunications Act 2023, mandating that all communication infrastructure providers, including those utilising cloud-based networks, must store telecommunication data exclusively within the country, a move expected to significantly impact domestic data centre demand.
More than half of the bills introduced in the 18th Lok Sabha have been passed by both Houses in the same session, a significant acceleration compared to previous terms, raising concerns about the time available for legislative scrutiny and stakeholder consultations.
Analysts predict that crude oil prices, geopolitical tensions in West Asia, and upcoming inflation data will be the primary drivers of the Indian stock market this week, alongside foreign investor activity and domestic quarterly earnings.
Gold and silver prices are expected to remain range-bound this week as investors await crucial US economic data, including the non-farm payrolls report, and further signals from the Federal Reserve regarding its interest rate policy.
Lodha Developers plans to generate approximately 10,000 crore in sales over the next three to four years by monetising about 150 acres of land at its data centre park in Palava, part of the Mumbai metropolitan region (MMR). This strategy is a planned recurring pillar of their business, funding the build-out of 1 gigawatt of powered shell capacity and aiming for over 2,000 crore in annual rental income by FY32.
A member of the Parliamentary Standing Committee on Coal, Mines & Steel, Sasmit Patra, highlighted the transformative potential of AI and digital technologies in making India's mining and metals sector more productive, transparent, and globally competitive. He emphasised their role in enhancing efficiency, safety, sustainability, and community engagement.
The Supreme Court has directed the Election Commission to provide details on the disposal of appeals by tribunals concerning deletions from West Bengal's electoral rolls during the Special Intensive Revision (SIR). The court emphasised the need to track the progress of these appeals, which were set up to address irregularities. It also clarified that grievances regarding the denial of PDS benefits due to voter deletion should be taken up with the Calcutta High Court.
Bharti Airtel's homegrown cloud platform, Airtel Cloud, has acquired approximately 40 customers within a year of its launch, with a significant portion coming from the manufacturing sector. The platform, designed for Indian companies, offers sovereign, telco-grade cloud infrastructure, connectivity, and GenAI-based provisioning, addressing the growing demand for secure, India-hosted data solutions, particularly for sensitive workloads and regulated sectors.
India's foreign exchange reserves decreased by $4.92 billion to $780.78 billion for the week ending September 11, primarily due to a reduction in foreign currency assets and gold reserves, as per the latest RBI data.
Hundreds of Thane residents protested against a proposed Amazon data centre, citing environmental concerns, noise pollution, and excessive water and electricity consumption. Amazon stated compliance with environmental laws, assuring the facility would not strain local resources, but protesters remain unsatisfied, with a local MP also demanding a review.
Microsoft has officially launched its fourth cloud region in India, located in Hyderabad, as part of its USD 20.5 billion investment in the country's digital and AI infrastructure. This new facility, which became available on August 6, features zero-water cooling technology and aims to enhance capacity and resilience for organisations in India and Asia, supporting the nation's rapid digital growth and projected increase in data centre capacity.
Climate scientist Tapio Schneider advocates for expanding early warning systems beyond rainfall events to include other disaster triggers like flash floods, citing the recent Nepal floods. He highlights the inevitability of 1.5 degrees Celsius global warming and discusses the role of advanced climate modelling and AI in improving predictions and research, particularly for regions like India.
'These limits will change. Very soon restrictions, restrictions will come.'
India's IT services industry is witnessing a surge in mergers and acquisitions, particularly among mid-cap companies, as AI-led pricing pressure and macroeconomic uncertainty compel firms to seek scale, capabilities, and broader market reach. This trend is exemplified by the recent merger of Happiest Minds Technologies and ITC Infotech, aiming to offer end-to-end solutions and compete for larger transformation programmes.
HCLTech has launched 'HCLTech Pulse', a new business unit designed to help enterprises with annual revenues between USD 500 million and USD 5 billion accelerate their adoption of artificial intelligence and modernise their technology infrastructure, targeting a USD 400 billion global market opportunity.
The Election Commission has informed the Supreme Court that over 37 lakh appeals concerning deletions or inclusions in West Bengal's electoral rolls remain pending under the Special Intensive Revision. The apex court-appointed tribunals have disposed of only a fraction of the 38.20 lakh appeals filed, prompting the Supreme Court to seek data and a plan for streamlining the adjudication process.
The Federation of Indian Pilots (FIP) has urged India's Aircraft Accident Investigation Bureau (AAIB) to conduct a comprehensive evaluation of the Boeing 787's electrical systems during its probe into the fatal Air India crash of June 2025. This call follows concerns raised by the Foundation of Aviation Safety regarding chronic system failures and the central role of electrical architecture in the B787 design. The crash, involving a Dreamliner VT-ANB, killed 260 people, and FIP emphasizes the need for detailed examination of all electrical and electronically controlled systems.
Families of the AI-171 crash victims are demanding the release of black box data and cockpit voice recorder transcripts, questioning the Aircraft Accident Investigation Bureau's (AAIB) decision to withhold this crucial information while promising only a final probe report.
A 5053-page chargesheet has been filed in the Ketan Agarwal murder case in Pune. Realtor Ketan Agarwal died after being pushed off Lohagad Fort, leading to the arrest of his fiancee Siya Goyal, her alleged lover Chetan Choudhary, and Ritesh Hange. The chargesheet includes digital evidence and reveals online searches made by Goyal related to similar incidents and the Sonam Raghuvanshi case.
India's net direct tax collection has surged by 13 per cent to over Rs 12.12 lakh crore by September 17 in the current fiscal year, driven by a significant increase in advance tax payments from corporates, according to CBDT data.
Six companies made their stock market debut on Thursday, setting a new record for the most mainboard listings on a single day since at least 1996.
Gold and silver are expected to remain volatile with a corrective bias as investors assess the latest flare-up in the US-Iran conflict, movements in crude oil prices, and inflation data, which could reshape expectations for global interest rates, according to analysts.
