Arundhati Bhattacharya, Salesforce President and CEO for South Asia, stated that cloud and AI are democratising capabilities, offering India a unique opportunity to leapfrog in technology. Speaking at the IMC Chamber of Commerce, she emphasised that AI will create more jobs and urged Indian businesses to transform using technology, rather than merely digitising. She also highlighted the significant economic potential of AI adoption for India.
Arundhati Bhattacharyya, Salesforce President and CEO for South Asia, highlighted how cloud and AI are democratising capabilities, offering India a unique opportunity to leapfrog in the technology revolution. Speaking at the IMC Chamber of Commerce, she emphasised that AI will create more jobs by addressing unmet business demands and could significantly boost India's GDP, with NITI Aayog estimating a USD 500-600 billion addition by 2035. She urged Indian businesses to transform using technology, focus on data, redesign work, and invest in skills, stressing that AI is not just for large corporations.
Dr Komal Verma Saluja, a final-year student at Government Medical College Kota (GMCK), has been awarded the "Researcher of the Year Award 2026" by the India chapter of the American College of Physicians (ACP). She is the youngest and first medical student to receive this prestigious accolade. Saluja's research includes identifying an imaging biomarker for early cognitive decline in type 2 diabetes and developing a diagnostic method for fatty liver disease using echocardiography. Her achievements have brought pride to GMCK and highlight the need for more novel diagnostic and therapeutic research in India.
Indian squash players Anahat Singh and Ramit Tandon secured victories in their respective first-round matches at the London Squash Classic, a PSA Gold event.
English Premier League clubs set an unprecedented spending record of US$ 4.7 billion in the summer transfer window, significantly outspending other major European leagues.
Indian squash sensation Anahat Singh, ranked 20th globally, secured a significant victory over world No. 11 Nele Gilis to reach the quarterfinals of the London Squash Classic. This marks a major achievement for the reigning world junior champion in the USD 144,000 PSA Gold event.
Indian benchmark indices, Sensex and Nifty, closed lower on Monday due to elevated crude oil prices, escalating US-Iran hostilities, and concerns over a potential US interest rate hike, impacting investor sentiment.
The Reserve Bank of India (RBI) has rejected Tata Sons' application to surrender its non-banking finance company (NBFC) licence, a decision that mandates a public markets listing for the conglomerate's holding company as it is classified as an upper-layer NBFC.
The CBI has arrested Lakhan Jaiprakash Jagwani, a key accused in a case involving the alleged defrauding of US nationals of USD 8.5 million through illegal call centres.
The US Department of Homeland Security faced widespread criticism for an AI-generated advertisement featuring a brown-bearded man identified as "Mr Singh" in a campaign against unlicensed commercial drivers. Advocacy groups, including the Hindu American Foundation and Sikh Coalition, condemned the ad as "racist" and "anti-American" for its perceived targeting and profiling of Sikh and Hindu communities.
National Investment and Infrastructure Fund Limited (NIIF) has appointed Gauravjit Singh as managing partner to lead its global capital formation efforts. Simultaneously, PB Fintech's payment aggregator platform, PB Pay, has gone live, offering consolidated payment acceptance for merchants. In a move to enhance trade efficiency, the Directorate General of Foreign Trade (DGFT) has introduced open API integration for Certificate of Origin, allowing exporters to streamline their application processes.
Indian-American golfer Akshay Bhatia has qualified for the season-ending TOUR Championship at East Lake Golf Club, joining an elite 30-man field. Having previously competed in the event, Bhatia aims to leverage his experience and consistent performance, including a strong showing at the BMW Championship, to challenge top contenders like Scottie Scheffler and Rory McIlroy for the FedExCup title and a share of the USD 40 million purse.
Indian Grandmasters Arjun Erigaisi and Nihal Sarin concluded their campaign at the Esports World Cup Chess tournament in the quarterfinals, securing top-eight finishes. Erigaisi was eliminated by Hikaru Nakamura in an Armageddon tiebreak, while Sarin lost to defending champion Magnus Carlsen. Their performance marks India's strongest showing in the event, with both players earning USD 75,000 each from the substantial prize pool.
A report by Bain & Company and HealthQuad identifies remote patient monitoring, OT/ICU optimisation, and chronic disease management as key opportunities for Artificial Intelligence in Indian healthcare. The report highlights a shift from experimental AI to real-world applications, driven by government initiatives, increasing EMR adoption, and a robust startup ecosystem. AI's autonomous capabilities are rapidly advancing while costs decrease, creating significant growth potential for providers and startups.
AI agent platform Runable has successfully raised $21 million in Series A funding, co-led by Susquehanna Venture Capital and Nexus Venture Partners. The company plans to use these funds to expand its growth capabilities, enhance measurement tools, and scale its Runable Academy, which supports small business owners in building and growing their ventures.
Indian Grandmaster R Praggnanandhaa has taken a commanding 9-3 lead over Germany's Vincent Keymer, putting him just six points away from qualifying for the finals of the prestigious US$450,000 Grand Chess Tour concluding event.
An Indian-origin chief financial officer of a US spinal implant company has been sentenced to a four-month jail term for his role in a scheme to bribe surgeons. Aditya Humad conspired to pay over USD 540,000 in sham consulting fees to surgeons to induce them to use SpineFrontier's products, leading to millions in revenue for the company and undermining healthcare safeguards.
The United States has announced a new round of trade measures against Canada, including bans on Canadian dairy, alcoholic beverages, and motorcycles, and reshuffled existing tariffs. This escalation comes after Canada imposed retaliatory tariffs on American goods. The US administration cited Canada's retaliatory actions as the trigger, contrasting it with other nations that chose negotiation over retaliation.
Indian squash players Velavan Senthilkumar and Veer Chotrani have advanced to the semifinals of the Budapest Open, with Senthilkumar notably defeating top seed Eain Yow Ng.
Indian benchmark indices, Sensex and Nifty, closed lower on Wednesday, reversing early gains due to profit-taking and weakness in sectors like IT, FMCG, and consumer durables, despite support from lower crude oil prices.
The United States has sanctioned four India-based companies, including a customs broker and three other firms, for their involvement in importing petroleum and petrochemical products from Iran. This action is part of "Operation Economic Outcast," a broader US campaign to sever Iran's financial lifelines and prevent funding for its destabilising activities.
Indian equity benchmark indices Sensex and Nifty rebounded sharply in early trade, with the Sensex jumping over 530 points, tracking a broad-based rally in Asian markets after four consecutive days of decline.
RBI Deputy Governor Rohit Jain discussed the future of India's foreign exchange markets, highlighting the increasing role of local currencies in cross-border trade, the impact of technology, and existing challenges. He emphasised the need for market evolution to facilitate India's global engagement, absorb shocks, and serve all users efficiently. Jain also addressed concerns about unauthorised forex trading platforms and the importance of customer awareness.
Samsung India Electronics has initiated job cuts in its Consumer Electronics (CE) division, laying off 8-10 mid-to-senior-level employees with plans to let go of another 40-50 staff. This move is part of a cost-rationalisation exercise driven by rising input costs, muted consumer demand, and intense competition from rival Korean and Chinese players.
India's Velavan Senthilkumar has advanced to the final of the Budapest Open squash tournament after defeating compatriot Veer Chotrani in the semi-finals. He will now compete against local favourite Balazs Farkas for the title, marking his 15th PSA tour final appearance.
Microsoft has launched its fourth cloud region in India, located in Hyderabad, significantly expanding its hyperscale cloud presence. This move is part of a USD 20.5-billion investment in India's digital and AI infrastructure, aiming to support the country's rapid digital growth and meet increasing demand from major enterprises.
Indian golfer Shubhankar Sharma finished tied 46th at the Nexo Championship in Aberdeen, Scotland, while Scotland's Scott Jamieson secured his second DP World Tour title with a final-round 67, overcoming a penalty to overnight leader Shaun Norris.
A joint report by Deloitte India and FICCI projects India's consumer economy to reach USD 1.9 trillion by 2030. This growth will be fuelled by rapid AI adoption, evolving consumer preferences, and new commerce models like e-commerce and quick commerce. India leads in AI adoption among top countries, with businesses leveraging it for engagement, innovation, and forecasting. The report also highlights the emergence of a new Indian consumer seeking convenience and transparency, and identifies key trends shaping FMCG, retail, and e-commerce sectors.
SpaceX and Tesla are jointly investing USD 16.8 billion to construct 'Terafab', an advanced AI semiconductor complex in Grimes County, Texas. This massive facility aims to address the global chip supply shortage, create thousands of jobs, and produce AI chips for Elon Musk's various ventures, including Tesla's robots and SpaceX's orbital data centres. The project is supported by a USD 30 million grant from the Texas government.
Indian benchmark indices, Sensex and Nifty, experienced declines in early trading, primarily due to selling pressure on blue-chip HDFC Bank and ongoing geopolitical uncertainties.
US Ambassador to India, Sergio Gor, highlighted the evolving US-India space partnership, moving from cooperation to "co-creation" at the Bengaluru Space Expo. He emphasised joint design, funding, and co-authoring the future of human discovery, citing the NISAR satellite and India's participation in the Artemis Accords as key examples of this growing synergy.
Indian benchmark equity indices, Sensex and Nifty, rebounded in early trade after a three-day slide, driven by strong buying in blue-chip bank stocks and a firm trend in global markets, supported by easing US bond yields and record foreign-currency deposit inflows.
Hollywood actor Brad Pitt believes artificial intelligence could be a boon for mid-budget filmmaking by making visual effects more accessible. However, he expresses caution regarding AI's use in replicating actors' performances and raises concerns about body scanning and digital likeness ownership. Pitt also shared his thoughts on AI-generated music and his upcoming film projects.
Indian benchmark indices, Sensex and Nifty, experienced a sharp decline at the close of trade, with the Sensex dropping 539 points and the Nifty falling below 24,100, primarily due to selling pressure in HDFC Bank and ongoing geopolitical uncertainties.
The US military has lost at least 45 MQ-9 Reaper drones during the conflict with Iran, representing a quarter of its fleet and a significant financial blow. These losses, some due to communication failures, raise questions as India recently signed an agreement to procure 31 of these drones.
Indian badminton stars Satwiksairaj Rankireddy and Chirag Shetty clinched the China Masters Super 750 title, overcoming a strong Chinese pair in a thrilling comeback. This victory, their second of the 2026 season, provides a significant confidence boost ahead of the Asian Games, where they plan to play "all guns blazing." The duo attributed their success to a "mindfully aggressive" strategy and improved service.
Indian Grandmaster R Praggnanandhaa secured another draw against GM Levon Aronian of the United States in the sixth round of the Sinquefield Cup, keeping him in joint second place with 3.5 points.
Indian benchmark equity indices, Sensex and Nifty, rebounded in early trade after two days of losses, driven by strong buying in blue-chip IT stocks and a rally in global markets.
Gold futures saw a significant rise for the second consecutive day, driven by strong overseas market rallies, increased safe-haven demand due to geopolitical uncertainties, and a weaker US dollar. This surge coincided with the Reserve Bank of India's decision to maintain its repo rate, reflecting a focus on growth amidst global inflation concerns and easing oil prices.
Jio Platforms Ltd, the digital services arm of Reliance Industries, has secured Sebi's final observation to launch an initial public offering (IPO) aiming to raise approximately USD 4 billion (Rs 37,700 crore), potentially making it the largest IPO in India's history.
