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.
Mumbai Police have arrested five individuals, including two constables from Jharkhand and Bihar, for their involvement in an inter-state syndicate illegally procuring and supplying Call Detail Records (CDRs), Subscriber Detail Records (SDRs), and live location data. The racket was uncovered after the arrest of a suspect who impersonated a police officer to track lost phones using illegally sourced data.
'... but runs with the rigour and discipline of a large enterprise.'
Indian equity benchmarks Sensex and Nifty experienced a decline in early trade, primarily due to a sell-off in power and metal stocks, mirroring a broader downturn across Asian markets. Elevated crude oil prices and firm US bond yields further dampened investor sentiment, while an expert warned of an impending correction in overvalued mid and small-cap segments. Track Sensex, Nifty on October 22.
Digital authentication services company eMudhra has announced its decision to exit the global SSL/TLS certificate business after a vulnerability was discovered in the security keys issued by its certification authorities, leading to a 20 per cent drop in its shares.
His remarks come amid a debate over whether Tata Sons, the holding company of India's largest conglomerate Tata group, is required to go public.
The Indian Institute of Management Ahmedabad (IIMA) has opened applications for the second batch of its two-year Blended MBA Programme in Business Analytics & Artificial Intelligence (BPGP: BA & AI). The programme, offered by the Krishnamurthy Tandon School of AI, aims to develop professionals who can integrate AI technology with management principles, addressing the industry's need for leaders capable of driving transformation and managing complex IT infrastructure, including data centres.
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found no evidence of an active cyber attack or data exfiltration, stating that any leaked data is unclassified, outdated, and fabricated by threat actors for financial gain.
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.
India's foreign exchange reserves saw a decline of USD 5.011 billion, reaching USD 721.016 billion for the week ending October 16, as reported by the Reserve Bank of India. This marks a continued downward trend from their all-time high in September.
OpenAI discovered a sophisticated recording device in its office, using its AI models to identify an employee, Abdulrahman Alfozan, who had planted it. The FBI has since arrested the Saudi national, and OpenAI has terminated his employment, stating there's no indication of data exfiltration.
Pragya Misra, OpenAI's head of public policy and strategy for India, stated that the next phase of AI will concentrate on driving measurable outcomes rather than mere experiments. She highlighted examples like Cars24 using AI for customer retention and a healthcare company building its CRM with OpenAI's Codex, demonstrating AI's tangible business impact and cost-saving potential. OpenAI aims for artificial general intelligence (AGI) to benefit all humanity by making AI accessible and addressing enterprise concerns like data residency.
India's wholesale price-based inflation surged to 11.39 per cent in September, up from 9.92 per cent in August, primarily driven by increasing prices of food, manufactured items, and fuel and power.
India's exports saw a significant 23 per cent increase, reaching USD 44.4 billion in September, while the trade deficit narrowed to USD 30.21 billion, according to recent government data.
India's core infrastructure industries recorded a significant growth of 7.9 per cent in September 2026, up from 3.1 per cent in the previous year, primarily fuelled by robust performances in iron ore, electricity, and cement production.
A graphic designer, Pankaj Gupta, was arrested by Mumbai Crime Branch for creating malicious Android Package Kit (APK) files that enabled cyber fraudsters to cheat over 9,600 people of Rs 150 crore. Gupta, who previously escaped a digital arrest scam, developed APKs disguised as government services, selling them to cybercriminal networks in Bihar and Jharkhand.
Pakistan and the Maldives have signed 20 Memorandums of Understanding (MoUs) covering defence, maritime security, artificial intelligence, trade, and other sectors during Maldivian President Mohamed Muizzu's three-day visit to Islamabad. The agreements aim to significantly boost bilateral cooperation and trade, with Pakistan also offering technical expertise and educational opportunities.
Reliance Industries Ltd (RIL) has publicly welcomed competition from Elon Musk's Starlink in the satellite communications sector, asserting that all players, including Jio, must abide by Indian laws and policies.
Wadhwani AI is working on a 'vulnerability mapping' project which determines the probability of a disease breaking out in a particular area during a particular season or time.
Indian benchmark stock indices, Sensex and Nifty, closed lower due to profit-taking, a spike in wholesale price-based inflation, and firm crude oil prices, despite some support from easing intraday crude oil prices and rupee appreciation.
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.
Three individuals accused of firing at actor Tiger Shroff's car have been remanded to police custody until October 31. Investigators suspect the attack was orchestrated by Lawrence Bishnoi gang member Anil Pandit, prompting a deeper probe into the gang's involvement. Police are seeking to recover weapons and unearth the full conspiracy.
WazirX founder Nischal Shetty stated, "We have outdone ourselves, but it is a journey we are still on, and there is a long way to go," reflecting on the cryptocurrency exchange's year-long journey since restarting operations after a cyberattack and restructuring.
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.
Growth in India's currency in circulation (CiC) has reached a five-year high, primarily due to deposits under the Foreign Currency Non-Resident (Bank), or FCNR(B), scheme, leading to a robust increase in reserve money, according to the Reserve Bank of India's (RBI) 'State of the Economy' report.
India's manufacturing and services sectors are set to create over 35 crore new jobs by 2030, necessitating urgent skilling and industry-academia collaboration. Key sectors like automotive, logistics, telecom, clean energy, and textiles will drive this growth, highlighting the need for competency-driven learning to prepare the workforce.
Indian benchmark equity indices, Sensex and Nifty, closed lower for the fourth consecutive session, driven by a surge in crude oil prices above USD 114 per barrel due to escalating tensions in West Asia, coupled with broad-based selling and FII outflows.
A new study challenges the common belief that menopause is a gradual process, revealing that the female body undergoes abrupt, "physiological cliff"-like changes in various health measures around the time of the last menstrual period. These shifts, observed in over one million women, begin more than a decade before menopause, offering a new window for preventive care.
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 foreign exchange reserves experienced a notable decline of $12.952 billion, settling at $734.606 billion for the week ending October 2, according to the latest data released by the Reserve Bank of India.
An Army officer's wife has been booked in Jammu for alleged espionage, accused of using AI tools like ChatGPT and Claude to write analytical papers on sensitive national security issues for Chinese intelligence operatives. The well-qualified freelance researcher, who had an IT internship with the UN, is cooperating with investigators after being intercepted at Jammu Tawi railway station. The probe focuses on her alleged contacts with foreign nationals and the nature of the sensitive documents found on her mobile phone.
'The Rs 35,000 crore of capex every year, I don't get to sign 35 paise out of this.'
Prime Minister Narendra Modi extended his greetings to Indian Air Force personnel on Air Force Day, praising their courage and commitment. He highlighted the IAF's ability to use advanced technology, including data and drones, to counter adversaries and ensure national security.
Uttar Pradesh Chief Minister Yogi Adityanath announced the state's ambitious shift from mobile phone assembly to advanced microchip manufacturing, data centres, and artificial intelligence. He highlighted significant investments and growth in the digital economy, attributing the transformation to the "double-engine government's" alignment with national initiatives like 'Make in India' and 'Aatmanirbhar Bharat'. Adityanath also criticised previous administrations for hindering the state's potential.
India's banking system liquidity surplus has significantly narrowed due to tax outflows, including GST payments, and higher cash reserve ratio balances. This tightening liquidity has pushed the weighted average call rate closer to the RBI's marginal standing facility rate, with market participants anticipating a persistent deficit in the coming months.
Investors who bought attractively valued IPOs and held on have earned strong returns, particularly when the money raised went into companies rather than into the pockets of exiting shareholders.
Indian IT stocks have experienced their most significant weekly surge in 18 years, with the Nifty IT index climbing 11.72 per cent, as a global sell-off in AI-linked equities redirected investor attention towards India's IT services sector. This shift aligns with a JP Morgan report identifying India as a 'natural AI hedge' due to its large, liquid market and strong domestic institutional investor base.
Indian government bond yields have recorded their worst losing streak in three decades, rising for the tenth consecutive week, driven by elevated crude oil prices and increasing global yields. The rupee also weakened, and India's foreign exchange reserves saw a significant decline.
'We see a lot of cases of bank deposits getting lost, especially when people die, so this will help address that because you have one consolidated view.'
Several political parties in Tamil Nadu, including the ruling TVK and opposition DMK, walked out of an all-party meeting convened by the Election Commission. They demanded the resignation of Chief Election Commissioner Gyanesh Kumar, citing alleged irregularities and a lack of transparency in the previous Special Intensive Revision of electoral rolls, where millions of voters were reportedly removed or flagged. The AIADMK and BJP attended the meeting, with AIADMK also raising concerns about the large number of affected voters.
