A new report by TeamLease Digital highlights a significant AI-ready talent gap in India's technology industry, with shortages of 53-60 per cent in Generative AI and cloud skills. The report indicates that only 16 per cent of IT professionals possess AI skills, leading to rising salary premiums for AI-core roles and a projected demand for over 10 lakh GenAI roles by 2026.
Tata Trusts, India's largest philanthropic group, disbursed Rs 1,556.31 crore in the year to March 2026 and announced plans to establish a network of 40 to 50 not-for-profit general hospitals, with funding from paying patients supporting care for those who cannot afford it.
Infosys CEO Salil Parekh stated on Tuesday that the company's AI services, currently contributing over 8% of revenue, are growing rapidly and could account for almost half of its work within two to three years. He highlighted the strong demand for AI services, the company's hiring and training efforts for graduates in AI, and discussed potential risks like infrastructure challenges and societal backlash.
India is strategically positioned to develop a robust domestic semiconductor ecosystem, driven by increasing electronics consumption, strong government support through incentives, and a global shift in supply chains. Boston Consulting Group Managing Director Ankush Wadhera highlights India's potential as a safe haven for investments, with the AI boom further fuelling demand for advanced chips. The nation aims to expand its capabilities across the entire semiconductor value chain, attracting significant global and domestic investments.
India said the Hague-based Court of Arbitration has no jurisdiction over its sovereign decisions on the Indus Waters Treaty.
Indian Hockey goalkeeper Savita Punia, known as the 'Wall of Indian hockey', expressed her desire for Priyanka Chopra Jonas to portray her in a biographical film. Punia, who recently led India to significant achievements, shared her inspiration from Priyanka's journey and her own life story, including early responsibilities and personal interests.
The Indo-Tibetan Border Police (ITBP) is undergoing a significant modernization drive, establishing drone platoons, developing a new 'Strike' course for Galwan-like situations, and constructing underground infrastructure along the Line of Actual Control. This strategic shift, announced by DG Shatrujeet Singh Kapoor, aims to counter China, identified as India's 'biggest adversary,' by embracing modern warfare techniques learned from recent global conflicts.
Researchers at IIT Delhi have successfully designed India's first working indigenous micro Graphics Processing Unit (GPU). This significant development aims to reduce the country's reliance on imported GPUs, which are crucial for AI, Machine Learning, and various embedded applications, and could help bridge the digital divide.
India, through First Secretary Petal Gahlot, strongly criticised Pakistan at the UN General Assembly, labelling it a "puppet regime" and warning of consequences for its continued support of terrorism. This came after Pakistan Prime Minister Shehbaz Sharif raised the Kashmir issue and credited Donald Trump for intervening in a hypothetical 2025 conflict. India highlighted Pakistan's internal political issues, its history with Osama Bin Laden, and the human rights situation in Pakistan-occupied Kashmir, while also condemning its blasphemy laws and treatment of minorities.
Union Finance Minister Nirmala Sitharaman expressed strong confidence in India achieving over 10 per cent economic growth, advocating for increased technology adoption and innovation. She urged overcoming scepticism and highlighted technology's transformative role in agriculture and public sector reforms, while also launching a new fund and book at an IIT Madras event.
The Uttar Pradesh Cabinet has officially approved the renaming of the Noida International Airport at Jewar to 'Narendra Modi International Airport, Noida-Jewar', a move Chief Minister Yogi Adityanath described as a "major gift" to the state.
The Asian Development Bank (ADB) has revised down India's GDP growth forecast for fiscal year 2026-27 (FY27) to 6.6 per cent from an earlier 6.9 per cent, primarily attributing the change to elevated energy prices stemming from the Middle East conflict. Despite this moderation, India is still expected to remain the world's fastest-growing major economy.
Indian Oil Corporation Ltd (IOCL) plans to invest approximately Rs 1 trillion in petrochemical projects over the next five to six years, aiming to significantly increase its petrochemical intensity and production capacity to meet growing domestic demand.
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.
The CBI has filed its 21st chargesheet in an alleged homebuyer fraud case related to the 'Acme Boulevard' housing project in Mumbai. Five former promoters/directors of Acme Realties Private Limited and Acme Housing India Private Limited are accused of inducing homebuyers through false assurances and fraudulent representations. The agency is also investigating 32 other similar cases involving various builder companies and financial institutions.
Infosys co-founder Nandan Nilekani has dismissed fears that artificial intelligence will lead to job losses in India's IT services sector, calling such concerns "hogwash" and "disaster marketing." Speaking at the Bloomberg New Economy Forum 2026, Nilekani argued that AI will actually increase demand for IT firms as it necessitates complex business transformations and creates new types of jobs, particularly in small businesses.
Specialised range taking shape in Andhra Pradesh, while West Bengal clears way for DRDO's new testing facility.
GIS intelligence solutions provider Mirai Aerospace Systems and Software Solutions has signed an MoU with US-based GreenValley International Inc to strengthen India's geospatial and LiDAR remote sensing manufacturing base. The collaboration focuses on local assembly, manufacturing, technical support, and the development of AI-driven LiDAR applications, aiming to meet India's growing demand across various sectors.
Kerala Home Minister Ramesh Chennithala has ordered a Vigilance probe into corruption allegations related to the 2006 KSTP road project, implicating incumbent Chief Election Commissioner Gyanesh Kumar, who was then the PWD secretary. The investigation also concerns the death by suicide of a Malaysian engineer involved in the project, who reportedly named Kumar in his suicide notes. The probe revives a case that was allegedly "hushed up" after a change in government.
Kareena Kapoor Khan continues to be one of India's most prominent brand and pop-culture icons.
HCLTech, India's third-largest IT services company, reported robust Q2 revenue growth of 2.3 per cent in constant currency, driven by services and ER&D segments, with strong new deal wins of $3.3 billion and significant traction in its AI business. Despite exceeding margin estimates and raising revenue guidance, some brokerages remain cautious due to the stock's premium valuation compared to peers.
India's markets regulator Sebi has launched 'Demat 2.0', a pilot project for tokenisation of corporate bonds, enabling atomic settlement through integration with RBI's wholesale CBDC. This new market infrastructure uses Distributed Ledger Technology (DLT) to make bond issuance, trading, and settlement faster and more efficient. India is the first country to issue corporate bonds natively on a distributed ledger with central bank digital currency settlement. Additionally, RBI Governor announced new UPI innovations: 'Tap & Pay' for faster POS transactions and MyUPI, an AI-powered customer support solution.
India's economy is projected to lose momentum in the second half of fiscal 2026-27, with tighter financial conditions, elevated energy prices, and broadening inflation pressures posing significant risks, according to DBS Bank economist Radhika Rao.
'In the wake of this tragedy, India will provide power to Nepal if and when the requirement for the same is communicated to India as per their needs.'
Forty-two naval vessels are already on order, while the navy has the government's initial go-ahead to procure another 78 ships and submarines and 120 fast interceptor craft, worth approximately Rs 2.41 trillion.
Analysts predict that the Reserve Bank of India's interest rate decision, crude oil prices, and global bond yields will be the primary factors influencing the Indian stock market this week, alongside macroeconomic data and foreign investor activity.
It was very disappointing to watch some talented singers pull each other down on national television, notes Divya Nair.
The Olympic Council of Asia has signed a contract with Kuwait to host the inaugural Asian Esports and Mind Sports Games in 2027. This new continental event is expected to feature around 4,000 athletes, with discussions ongoing for the Philippines to host the second edition in 2029. Esports has evolved from a demonstration event to an official medal sport at the Asian Games, and this dedicated event offers Indian players more opportunities.
Micron CEO Sanjay Mehrotra announced plans to significantly scale up the company's chip assembly and testing facility in India, moving from "vision to execution" in the nation's semiconductor ambitions. He highlighted the success of the Sanand, Gujarat plant, which is already producing "Made in India" memory chips, and the company's substantial engineering contributions from its Indian centres. Mehrotra also emphasised the critical role of memory chips in the AI era, driving Micron's growth.
'India is trying to project that it can engage with the world in a different way too.'
India's retail inflation surged to 5.54 per cent in September, primarily due to a significant increase in onion and other food prices, remaining just within the Reserve Bank of India's tolerance band. This marks the highest inflation since the new series with base year 2024 took effect in January.
Bangladesh-China and Bangladesh-US relations have evolved from reluctant engagement to increasingly consequential strategic partnerships.
Chief Economic Advisor V Anantha Nageswaran stated that the second half of the current fiscal year (FY27) is expected to be challenging due to increased downside risks to global growth and rising interest rates worldwide.
The Indian government has approved the sale of a 60.72 per cent stake in IDBI Bank Ltd to Canadian billionaire Prem Watsa's Fairfax Financial Holdings Ltd for approximately 52,878 crore, a move that reflects improving India-Canada ties and marks a significant turning point for the bank.
The Indian Navy has commissioned INS Mangrol, its third anti-submarine warfare shallow water craft (ASW-SWC), in Mumbai. Built by Cochin Shipyard Limited, the vessel is designed to enhance India's ability to detect and counter submarine threats, especially in shallow coastal waters. Its induction is seen as vital amidst rising geopolitical tensions and increased submarine activity in the Indian Ocean, reinforcing India's indigenous shipbuilding capabilities and maritime security.
The Union environment ministry's expert panel has approved a fourth underground coal mining project in Madhya Pradesh's Umaria district, close to the vital Bandhavgarh-Achanakmar tiger corridor. These clearances, granted since July, raise concerns about biodiversity and tiger movement, despite conditions for wildlife conservation plans and compensatory afforestation. The projects involve significant forest land diversion and pose risks like land subsidence and habitat disturbance for Schedule-I species.
India is deeply concerned by the growing consolidation of Pakistan-backed jihadi and radical Islamist groups in Bangladesh, particularly in the strategically vital Chittagong Hill Tracts, which experts warn is transforming the country into a new safe haven for these networks and posing a direct threat to India's security.
The Reserve Bank of India's 25-basis point increase in the repo rate to 5.5 per cent is expected to exert pressure on housing affordability and buyer sentiment, particularly affecting interest rate-sensitive segments and potentially moderating sales during the crucial festival season.
Prime Minister Narendra Modi, at the India Mobile Congress (IMC) 2026, articulated a vision for India's communications sector, emphasizing a global framework to combat cyber frauds and deepfakes. He called for India to become a hub for innovation and product development for the world. Industry leaders lauded his vision, highlighting India's robust digital infrastructure and its journey towards becoming a global technology leader, with a focus on trust, security, and responsible innovation.
HSBC has emerged as the leading international bank in facilitating fundraising for Indian companies through bonds, syndicated loans, and IPOs during January-September 2026, according to Hitendra Dave, CEO of HSBC India.
