India's services sector experienced a slight moderation in growth during February, according to the HSBC India Services PMI Business Activity Index, with new order growth slowing and inflation picking up.
A Jefferies report warns that the IT services sector is set for a structural shift due to AI, requiring talent and operating model overhauls and increasing cyclicality.
Reliance Jio is aiming to be one of the first scalable token service providers in the world by deeply adopting and integrating artificial intelligence (AI) into its operations, said Jio Platforms group chief executive officer (CEO) Mathew Oommen at the Mobile World Congress in Barcelona.
A BofA Global Research report indicates that Paytm is leading in monetisation compared to its competitors due to its diversified mix of merchant lending and financial services, which enhances profitability and strengthens its position in the Indian fintech market.
Infosys on Tuesday unveiled its AI First Value Framework, positioning itself to capture an estimated $300-400 billion incremental AI services opportunity by 2030, as global enterprises accelerate adoption of generative and agentic AI.
'India is often skipping legacy cycles and moving directly to advanced AI-driven operations.'
Services defeated Kerala 1-0 in the final of the 79th National Football Championship for the Santosh Trophy 2025-26, with Abhishek Pawar scoring the decisive goal in extra time.
Kerala, Punjab, Services and Railways enter semifinals of Santosh Trophy
The Union Public Service Commission (UPSC) has announced mandatory face authentication for all candidates at examination centers and introduced stricter eligibility criteria for the Civil Services Examination (CSE) 2026.
India's services sector growth rose to a two-month high of 58.5 in January, on faster expansion in new business intake and output, prompting service providers to hire additional staff, a monthly survey said on Wednesday.
The India-US trade deal has offered a much-needed breather for the Indian information technology (IT) industry, which has been grappling with global macroeconomic uncertainty and subdued client spending over the past few years.
IndiGo is adjusting its long-haul flight schedule, including suspending services to Copenhagen, due to airspace uncertainties and airport congestion. The airline will also reduce flights to London and Manchester.
A bravery medal is awarded to a person on grounds of rare conspicuous act of gallantry, and conspicuous act of gallantry in saving life and property, or in preventing crime or arresting criminals, the risk incurred being estimated with due regard to the obligations and duties of the officer concerned.
India is a global leader in software development services, IT enabled services, knowledge process outsourcing services and contract R&D services relating to software development, Sitharaman said noting these business segments are quite inter-connected with each other.
Banking operations at public sector banks across the country were impacted on Tuesday as the United Forum of Bank Unions (UFBU) went on nationwide strike demanding the immediate implementation of a five-day work week.
GSM, which is potentially eyeing a Hong Kong listing and was recently valued at $20 billion, operates on a distinct model -- it owns the e-taxis and employs the drivers, while also supplying cars to independent drivers or fleet operators.
The Jammu and Kashmir government is working to fill over 40,000 vacant posts across various departments, with a focus on health, education, and general administration.
A fire erupted at a godown in Najafgarh, southwest Delhi, on Wednesday evening. Eight fire tenders were dispatched to the scene, and the blaze was brought under control. No casualties were reported, and the cause of the fire is under investigation.
IndiGo CEO Pieter Elbers has resigned three months after the airline experienced significant operational disruptions. Managing Director Rahul Bhatia will temporarily assume management responsibilities.
India's services sector growth moderated in December, as the rates of expansion in incoming new work and output eased to the slowest in 11 months, and companies refrained from recruiting additional staff, a monthly survey said on Tuesday. The seasonally adjusted HSBC India Services PMI Business Activity Index fell from 59.8 in November to 58.0 in December, indicating the slowest rate of expansion since January.
Cognizant's research reveals that companies seeking AI adoption favour IT services firms offering custom, full-stack AI solutions, prioritising flexibility and expertise over cost and speed.
A significant fire erupted in an open scrap yard in Kankrola village, Gurugram, prompting a rapid response from fire services. Multiple fire engines are battling the blaze to bring it under control.
The State Consumer Disputes Redressal Commission has directed Bank of India to compensate a senior citizen for losses incurred due to unauthorized ATM transactions, citing deficiency in service and failure to adhere to security protocols.
Mobile internet services have been suspended in five districts of western Meghalaya following violence related to tribal council elections. Curfews are in place and elections have been postponed.
The Karnataka government has formed a committee on responsible AI to develop a framework for the safe, ethical, and transparent adoption of AI across government systems and public services.
A Border Security Force (BSF) convoy, including a vehicle carrying a DIG, was attacked in the Garo Hills region of Meghalaya, resulting in injuries and the burning of a vehicle. The incident occurred amidst ongoing unrest and clashes related to local elections, leading to the suspension of internet services and imposition of curfews.
An assistant sub-inspector of Rajasthan Police died after his service revolver accidentally discharged at his residence in Bhilwara.
Airbus has inaugurated a state-of-the-art technology centre in Bengaluru, India, significantly expanding its strategic presence and supporting its 'Make in India' mission.
Curfew and mobile internet suspension imposed in Meghalaya's West Garo Hills district following violence related to the Garo Hills Autonomous District Council (GHADC) election nomination process.
The government has introduced a mandatory 25-day gap between LPG cylinder bookings due to supply concerns arising from global disruptions and tensions in the Strait of Hormuz. This measure aims to prevent hoarding and prioritise essential non-domestic sectors, while domestic LPG production is being increased to mitigate shortages.
Skye Air Mobility has raised USD 9 million in a Series B funding round to expand its hyperlocal drone delivery services across key metropolitan markets in India.
A new survey indicates that Indian employers are planning to increase hiring in the April-June quarter, driven by strong business confidence and domestic demand. The survey also highlights the impact of AI adoption on workforce strategy and the challenges of talent scarcity.
The United States Trade Representative (USTR) office on Wednesday launched a sweeping investigation into manufacturing and industrial practices in 16 economies, including India, citing concerns over what it calls 'structural excess capacity' that could distort global trade. Announcing the move on a White House press call, Jamieson Greer said the probe would be conducted under Section 301 of the Trade Act of 1974, one of Washington, DC's most powerful trade enforcement tools.
Calling the decision a win for the people of Karnataka, a Rapido spokesperson said it was not just a legal victory but a milestone moment for urban mobility in the state.
Curfew imposed in Meghalaya's East and West Garo Hills districts has been relaxed to allow residents to procure essential items following violence related to the Garo Hills Autonomous District Council (GHADC) elections.
A sessions court in Mumbai has quashed notices issued against two directors of Amazon Seller Services Private Limited for the alleged illegal online sale of abortion pills, citing that Amazon acts as a platform and not the seller.
Nancy Grewal, a 45-year-old social media influencer of Punjabi origin, was stabbed to death in Canada. Her mother claims she had been receiving threats. Police are investigating the homicide.
The CBI has arrested a chief electrical distribution engineer with the Central Railway and two private individuals in connection with an alleged bribery case involving Rs 10 lakh.
The message is becoming clearer: Employees who fail to meaningfully integrate AI into their work risk falling behind in performance assessments.
Meghalaya Chief Minister Conrad K Sangma addresses security concerns and appeals for peace amid unrest in the Garo Hills region following clashes during local elections.
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