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.
In many ways, 17th century India occupied a position in the global economy comparable to that of the United States today. Just as millions of people now look towards America because of its economic opportunities, merchants, adventurers and trading companies once looked towards India.
'Tariff action relating to the excess-capacity investigation will be even more susceptible to judicial overturn.'
India's trade deficit reached a six-month high of $31.98 billion in July, driven by a sharp increase in imports, particularly crude oil, electronic goods, coal, and fertilisers. Both merchandise exports and imports recorded their second-highest levels during the same period.
'GenZ today is close to 45 to 50 per cent of the overall shopping journeys in the country. They are also very content-first in terms of entertainment or otherwise, general gratification of content and discovery.'
The Securities and Exchange Board of India (Sebi) is set to expand its artificial intelligence (AI)-based surveillance beyond trading data to include corporate filings, aiming to proactively flag financial misstatements and manipulation in quarterly results without relying solely on investor complaints.
India has removed a key regulatory hurdle, allowing exporters to receive payments in Indian currency while retaining incentives under the country's foreign trade policy, a move aimed at promoting wider use of the rupee in international trade.
'Applying AI to change the lives of Indians and at population scale -- just like we did with DPI [digital public infrastructure] -- is really where it's going to go.'
India's food safety regulator, FSSAI, has issued notices to five-star hotels JW Marriott and Andaz Delhi following inspections that revealed serious hygiene and food-safety violations, including cockroach infestations, expired food, poor sanitation, and improper food storage.
Tata Steel more than doubled its Indian capacity through acquisitions and expansion, strengthening cash generation as it pursued a costly restructuring of its European operations.
'Improved law and order and transparent governance have helped change UP's investment image.'
Ahmedabad Cyber Crime Branch has uncovered a Rs 1.5 crore WhatsApp fraud, leading to the arrest of two key SIM and OTP suppliers in West Bengal. The investigation revealed a sophisticated international cybercrime network spanning China, Pakistan, India, and Hong Kong, operating a "boss scam" and utilizing a "Cybercrime as a Service" model. Police recovered a significant portion of the defrauded amount and secured thousands of devices.
'Engaged in very fruitful discussions to expand our trade and economic partnership.'
"Indian Railways is now the world's second-largest cargo carrier by volume, up from fourth, even as its share of the country's total freight movement remains well below potential.'
Natarajan Chandrasekaran, credited with stabilising Tata Sons after a boardroom coup and overseeing significant expansion, has announced his resignation as chairman, capping a nearly decade-long tenure marked by both successes and escalating tensions with the group's controlling charitable trusts.
'It is not because of the war in West Asia, which began on February 28.' 'Petroleum product prices are already going through the roof. They are bound to have a serious inflationary impact.' 'A country's leadership is tested in trying times. It is here that the current leadership is failing.'
Infosys co-founder Nandan Nilekani predicts that large corporations in India will lose jobs due to automation and AI, while millions of small businesses will drive future employment growth. He advocates for deregulation, simplified business interfaces, and digital platforms to support small entrepreneurs and a gig economy workforce.
An Indian-flagged dhow sank off the Oman coast due to mechanical failure, but all 14 crew members were successfully rescued. This incident occurs amidst heightened tensions in the region following recent US military actions against merchant vessels, some involving Indian crew, which India has strongly condemned.
India is waiting for assurance from the US on comparative advantage over other economies under the deal.
The Central Board of Indirect Taxes and Customs (CBIC) has eliminated the Rs 10 lakh value cap per consignment for courier-based commercial exports, effective April 1, aiming to significantly boost e-commerce shipments, particularly for MSMEs and artisans.
India has lodged a strong protest with Russia following the killing of four Indian seafarers aboard a Guinea Bissau-flagged merchant vessel off the coast of Ukraine. The Ministry of External Affairs condemned the attack on the civilian ship, MV Golden Leo, which also left one Indian national critically injured.
Prime Minister Narendra Modi on Thursday discussed with a group of senior ministers the prevailing global security situation and how to maintain supply chain uninterrupted despite conflicts in different zones, including the Strait of Hormuz, the Black Sea, the Red Sea, and the Gulf of Aden.
It is plain to see that the US senate bill's real objective is to derail India's time-tested strategic partnership with Russia, points out Ambassador M K Bhadrakumar.
Amazon CEO Andy Jassy has announced a significant expansion of the company's quick commerce business, Amazon Now, to over 300 Indian cities, aiming to build the country's largest delivery-in-minutes network. This move follows a recent USD 35 billion investment commitment by Amazon in India.
Amazon CEO Andy Jassy announced an additional USD 13 billion investment in India, bringing the company's total capital commitment to USD 48 billion by 2030. This significant investment will primarily focus on expanding AI and cloud infrastructure, supporting job creation, boosting e-commerce exports, and digitising small businesses, aligning with India's growing digital economy.
An Indian-flagged commercial vessel was attacked off the coast of Oman, but all crew members are safe, according to the Ministry of External Affairs.
India has strongly protested a US military strike on the commercial vessel Settebello off the Oman coast, which left three of the 24 Indian crew members missing. The US Central Command stated it disabled the Palau-flagged vessel for violating a blockade of Iranian ports.
India anticipates a reduction in the United States' proposed tariffs on Indian goods under the Section 301 investigation, following New Delhi's recent notification to restrict the import of products made with forced labour.
FSN E-Commerce Ventures (Nykaa) reported nearly 30 per cent year-on-year revenue growth in Q1FY27, marking its highest revenue growth in 13 quarters, primarily driven by accelerated expansion in its fashion segment.
The Delhi High Court has issued an interim order protecting India cricketer Abhishek Sharma's personality rights, restraining third parties from misusing his name, image, and AI-generated content for commercial or personal gain. The court directed online platforms to remove infringing material, citing the spread of false and obscene content that damages his reputation and commercial value.
The Delhi High Court has issued an interim order protecting India cricketer Abhishek Sharma's personality rights, restraining third parties from misusing his name, image, and AI-generated content for commercial or personal gain. The court directed online platforms to remove infringing material, citing the spread of false and obscene content that damages his reputation and commercial value.
Prime Minister Narendra Modi announced that the India-UK Comprehensive Economic and Trade Agreement (CETA) will come into effect on July 15, 2026, anticipating a significant boost to bilateral trade and investment.
'We can integrate AI and tech into education, but that is just a means and not an end.' 'Ultimately, we need to control what happens in a classroom and we need to let teachers innovate their teaching style to suit the needs of Gen Z and beyond.'
Indian farmers staged a significant protest at the Shambhu border against a proposed India-US trade deal, fearing its detrimental effects on the domestic agricultural sector and demanding its immediate abandonment. They later ended their agitation after assurances from the Haryana Agriculture Minister regarding the release of detained farmers and a meeting with the Union Agriculture Minister.
Leading Fast-Moving Consumer Goods (FMCG) companies in India are expressing strong optimism for the current fiscal year, anticipating robust consumption trends, significant growth, and improved profit margins. This positive outlook is largely driven by resilient demand and the expected easing of elevated input costs, despite ongoing inflationary pressures and potential weather volatility.
The United States and India are on the verge of finalising a landmark bilateral trade deal, aiming to boost trade to USD 500 billion by 2030, according to US Deputy Assistant Secretary of State Bethany Poulos Morrison. The agreement seeks to open India's 1.4 billion-strong market to American goods on reciprocal terms, with ongoing high-level discussions to recalibrate the pact after recent changes in US tariff policy.
The National Financial Reporting Authority (NFRA) has commenced an investigation into Rajesh Exports concerning a 15.15 trillion financial misstatement, following a referral from market regulator Sebi.
Indian foreign direct investment (FDI) in the United States has reached approximately USD 16.4 billion, supporting around 70,800 jobs and contributing significantly to research and development, according to US Deputy Undersecretary Brandon Remington.
India has summoned the US charge d'affaires for the second time this week to protest American Navy strikes on three commercial vessels off the coast of Oman, which resulted in the deaths of three Indian crew members. New Delhi has demanded an end to these attacks, acknowledging that the US Navy targeted the ships, some of which were reportedly non-compliant with US sanctions.
Amazon CEO Andy Jassy met Prime Minister Narendra Modi and announced the company's intention to invest an additional USD 13 billion in India by 2030, focusing on expanding AI and cloud infrastructure.
