A World Bank report, 'The Promise of Artificial Intelligence', states that AI presents a historic opportunity for low- and middle-income countries to overcome development challenges, despite many being unprepared. It advises these nations to adopt and adapt existing AI tools rather than focusing on building frontier models immediately. The report also notes a significant gap in AI adoption and job automation between high-income and developing countries.
The World Bank's "World Development Report 2026" urges developing countries to adopt low-cost AI tools to accelerate progress in healthcare, education, and judicial services. The report highlights AI's potential to boost productivity and improve public services, while noting that jobs in high-income countries are more at risk from automation than those in developing nations.
Haryana Chief Minister Nayab Singh Saini met with a World Bank delegation to discuss advancing Artificial Intelligence, digital governance, and skill development in the state. The discussions focused on leveraging technology to enhance citizen services, with plans to showcase Haryana's AI Sandbox globally and develop a dedicated AI model for the state.
BRICS finance ministers and central bank governors have called for increased representation of emerging-market and developing economies in the IMF and World Bank, while also criticising unilateral tariffs and trade measures, as the expanded bloc aims to bolster financial cooperation amidst global fragmentation.
World Bank President Ajay Banga has advocated for the deployment of 'Small AI' locally deployed artificial intelligence running on inexpensive hardware to address daily problems faced by farmers and rural communities in emerging markets.
The World Bank has increased India's economic growth projection for FY27 to 6.6 per cent, citing resilient domestic demand, while simultaneously cutting its global economic growth outlook due to the conflict in West Asia.
Haryana's Chief Minister Nayab Singh Saini reviewed the progress of the Haryana AI Development Programme (HAIDP), a Rs 474-crore initiative developed with the World Bank, focusing on AI skilling, startup incubation, and ethical AI governance.
World Bank South Asia Chief Economist Franziska Ohnsorge advocates for the removal of obstacles hindering the adoption of artificial intelligence to foster business growth and job creation, particularly in South Asia.
An online fraud amounting to Rs 22.10 crore has been uncovered in Tamil Nadu, with police suspecting an international cybercrime syndicate. BJP leader Vinoj P Selvam has criticised the state government's administrative oversight and accountability regarding the siphoning of public funds.
The World Bank has affirmed India's strong position to withstand the current global energy shock, citing high foreign exchange reserves, fiscal space, and low inflation as key buffers supporting continued growth despite international headwinds.
By the time she finished her term as SBI chairman, she was overseeing over two lakh employees, 24,000 domestic branches, 100 international ones and a bank that had stepped into the technological age and become youth-friendly. Meet Arundhati Bhattacharya, the first woman chairman of the State Bank of India and president and CEO, Salesforce, South Asia.
The Union finance ministry has constituted a high-level committee, chaired by former Central Vigilance Commissioner Suresh N Patel, to recommend structural, regulatory, and legislative reforms for India's banking sector, aiming to make banks globally competitive and support the financing needs of a developed economy.
England batter Joe Root has emphasised the critical need for greater adaptability within the team as they prepare for next year's ODI World Cup, stating that exposure to diverse playing conditions will help the young squad mature into a more well-rounded unit.
India has secured a spot among the top 10 leading emerging-market performers in artificial intelligence (AI) readiness, with private investment in AI more than tripling to USD 4.1 billion in 2025, according to a new World Bank report.
A two-day weekend would help employees recover physically and mentally. They would return better prepared for branch work that demands patience, judgment, and accuracy, asserts Tamal Bandyopadhyay.
Contractor V O Sajan appeared before the VACB in Thiruvananthapuram for a preliminary probe into alleged corruption in a road project from years ago. The project was undertaken when current Chief Election Commissioner Gyanesh Kumar served as the Kerala Public Works Department secretary. Sajan claims crucial evidence against Kumar was ignored in an earlier investigation and that statements were altered under pressure.
Bank of Baroda has launched 'bob World 2.0', an AI-powered mobile banking app featuring voice-command capabilities for payments and navigation. The updated app also includes a personal finance management module and a persona-based customer experience, aiming to offer intuitive, secure, and personalised banking services.
The Reserve Bank of India (RBI) has increased its GDP growth forecast for the current fiscal year (FY27) by 40 basis points to 7.1 per cent, acknowledging the resilience of domestic economic activity despite global headwinds and geopolitical tensions.
As CEC Gyanesh Kumar faces protests over electoral roll revisions, a 20-year-old Kerala corruption case resurfaces.
Former WWE champions Drew McIntyre and Rey Mysterio extended Diwali wishes to their Indian fans. McIntyre posted a video message, while Rey Mysterio received a colourful Rangoli tribute from fans, which he appreciated. The article also details the Diwali celebration dates.
Union Home Minister Amit Shah on Thursday asked Congress leader Rahul Gandhi to disclose details of his foreign trips to the public, saying they have a right to know since he was the leader of opposition in the Lok Sabha.
Apple has reported an all-time revenue high in India for the September quarter, alongside record performance in Mac and services revenue, and a September-quarter high in terms of iPhone upgraders, indicating strong business momentum in the country.
The Congress-led INDIA bloc held a major protest rally in Delhi, demanding the resignation of Chief Election Commissioner Gyanesh Kumar over alleged electoral irregularities and past corruption allegations. Leaders stated the protest was a "stern warning" to the government, vowing to continue until Kumar steps down, citing threats to parliamentary democracy.
Andhra Pradesh has successfully converted 526 out of 714 investment projects received since June 2024, achieving a conversion rate of nearly 74 per cent by project count. These projects represent investments worth Rs 17.2 trillion with an employment potential of 1.93 million jobs, showcasing the state's commitment to translating investment commitments into on-ground projects.
NetApp CEO George Kurian advocates for harmonised global AI regulations to simplify compliance and foster business growth. He highlights the complexities arising from diverse regulatory frameworks and the importance of a unified approach, similar to cyber resilience standards. Kurian also notes India's significant role as NetApp's fastest-growing market in Asia, driven by its Bengaluru global capability centre.
Oracle India head Shailender Kumar states that Indian businesses have transitioned from AI pilot projects to full-scale deployment, realizing significant benefits. While challenges like cost, skills, and infrastructure exist, companies are keen to adopt AI once tangible advantages are proven, with governance and regulation evolving alongside the technology's maturity.
Unheralded New Zealand pacer Brett Randell has been called up for the final two ODIs against India and expressed his excitement to test his skills against batting stalwarts Virat Kohli and Rohit Sharma. Randell, who recently played against India A, sees this as a dream opportunity and is keen to learn from the Indian bowling attack.
CERT-In has issued several advisories warning against AI agents going rogue and cases of open-source agentic AI tools being used to survey and attack.
India is proposing the Data Empowerment and Protection Architecture (DEPA) for AI Training, a national framework designed to enable startups, researchers, and companies to train AI models using data from hospitals, banks, and public agencies while ensuring privacy and security. This initiative aims to unlock significant AI-driven value for India's GDP by 2030.
Jared Kushner, former US President Donald Trump's son-in-law, has vehemently denied "outrageous and categorically false" allegations in a new book, "Princes and Thieves," which claims he accessed secret bank accounts linked to UAE, Saudi, and Israeli funds. Kushner stated on X that the author provided no evidence and that such claims never surfaced during his extensive past investigations.
RBI Deputy Governor Poonam Gupta stated that India's economic growth momentum remains strong despite various global and domestic shocks, attributing this resilience to a diversified growth base and improved policy responses. She highlighted the economy's 7.8 per cent growth in Q1 and continued momentum into Q2, suggesting potential upgrades to growth forecasts.
Oracle co-founder Larry Ellison asserts that artificial intelligence will not destroy the traditional software industry but rather enable the creation of complete, ready-to-use applications tailored for entire industries. Speaking at Oracle AI World, Ellison dismissed fears of a "SaaS apocalypse," arguing that AI will make software much better, requiring no user training and simplifying installations. He cited Oracle Health as a prime example of an AI-driven, industry-specific solution, and also discussed AI's potential in drug discovery and its broader societal impact on jobs and taxation.
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.
Artificial intelligence company Anthropic has officially launched its initial public offering (IPO) roadshow, aiming to raise up to USD 64.35 billion by offering 825 million shares at an expected price range of USD 70 to USD 78 per share. The company plans to list its Class A common stock on the Nasdaq Global Select Market under the ticker symbol 'ANT'.
Jio Platforms Ltd, the digital services arm of Reliance Industries, has become the second most valuable Indian company by market capitalisation following a highly successful debut on the Dalal Street, with its shares closing 26.66 per cent higher than the issue price.
'The sales pressure on the ground, a board and CEO not fully aligned, and a senior team that isn't pulling together -- that's when these things surface.'
Saurabh Chandrakar, alleged kingpin of the Rs 6,000-crore Mahadev online betting app scam, has been granted to CBI custody for eight days by a special court in Raipur. Chandrakar was recently extradited from Oman and brought to Raipur. His defence lawyer raised objections regarding extradition laws, stating he was extradited for an ED case, not a CBI case. The CBI alleges the Mahadev app was a large illegal betting syndicate operating from outside India, routing proceeds via hawala and paying protection money. The case involves high-ranking politicians and bureaucrats, with former CM Bhupesh Baghel also named in an EOW FIR.
Union Minister Ashwini Vaishnaw announced that the Indian government will release a draft consultation paper on Artificial Intelligence (AI) regulations within the next 30 days, focusing on safety, a human-first approach, skilling, inclusivity, and harm restriction.
President Droupadi Murmu inaugurated the Nashik-Trimbakeshwar Simhastha Kumbh Mela by performing the 'dhwajarohan' ceremony at Ramkund. The mega religious event, which also saw the participation of Maharashtra's Deputy Chief Ministers, will span 21 months and include several 'amrut snan' dates, concluding in 2028.
'Peter Hegemann was so kind that a paper published in 2010 in Nature Method which mentioned optogenetic as a tool of the year, he wrote, 'My graduate student Suneel Katariya was the one who identified gene in coding channelrhodoxin and that was the turning point of my research'.'
