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 Industries Ltd (RIL) has expressed caution regarding 'extreme volatility' risks stemming from the West Asian conflict, which could impact global oil demand and the company's margins, while also noting that near-term retail consumption demand may remain sensitive to macro conditions. Chairman Mukesh Ambani, in the annual report, remained silent on the timeline for Jio Platforms' anticipated public listing, stating the group will 'continue to evaluate strategic pathways'.
Karnataka Chief Minister Siddaramaiah has called for the establishment of a Supreme Court bench in South India to improve accessibility to justice. Speaking at a conference on Artificial Intelligence in the judiciary, he also highlighted the need to address algorithmic bias and ensure judicial independence in the age of AI.
India's finance ministry anticipates inflation will remain relatively contained in the coming months, supported by a correction in crude oil prices and softening input costs following the cessation of the West Asia conflict, despite earlier spikes in wholesale and retail inflation.
Karnataka Chief Minister Siddaramaiah emphasized the importance of ethical AI usage, intellectual property protection, and fair compensation in the AVGC-XR sector, advocating for AI to enhance human creativity rather than replace artists.
Jio Platforms Ltd, the digital and telecommunications arm of Reliance Industries, has received board approval to file draft papers for an initial public offering (IPO) involving a fresh issue of up to 27 crore equity shares. The draft red herring prospectus (DRHP) is expected to be filed with SEBI today, marking a significant value-creation event for Reliance shareholders.
Union Minister Raksha Khadse has encouraged sportspersons to strive for excellence, highlighting the government's focus on strengthening sports infrastructure and supporting athletes through initiatives like Khelo India.
'People are now searching online for ways to spend their time offline. That is the intersection.'
Foreign secretary Vikram Misri on Friday shared key details on agreements between India and the UAE, stating that the UAE will store up to 30 million barrels of crude oil in India's strategic petroleum reserve following Prime Minister Narendra Modi's visit.
AI means 'All Inclusive' for India, asserted Prime Minister Narendra Modi on Thursday while stressing that India Stack is a beacon of hope for the world, especially for countries in the Global South.
Onestruction Inc and DataKaveri Systems have signed an MoU to establish a framework for strategic and technical collaboration in urban and built environment data exchange.
Sports Minister Mansukh Mandaviya released the Srinagar Khel Sankalp document, outlining a national vision to strengthen sports culture through cooperative federalism, focusing on athlete-centric development and infrastructure expansion.
IIT Bhubaneswar researchers have developed 'ArsenSafe', a portable, low-cost device for rapid, on-site detection of arsenic in drinking water. This innovation aims to address the critical public health challenge of arsenic contamination in groundwater, offering a solution that doesn't require laboratory infrastructure.
Congress leader Rahul Gandhi paid tribute to the victims of the Pahalgam terrorist attack on its first anniversary, asserting India's unity against terrorism and its resolve to stand against forces of hatred and fear.
The Sports Authority of India (SAI) has launched three nationwide engagement initiatives, including a reel-making contest, to build momentum for Ahmedabad's bid to host the 2030 Commonwealth Games.
The 75th edition of Fit India Sundays on Cycle drew massive participation across more than 8,000 locations nationwide as the initiative commemorated Commonwealth Games Day and built momentum towards the historic 2030 Commonwealth Games in Ahmedabad.
Fintech platform Decentro has received final approval for a Payment Service Provider (PSP) licence from the IFSCA at GIFT City, enhancing its cross-border payment capabilities.
Comptroller and Auditor General of India K Sanjay Murthy highlighted the need for stronger accountability systems to support India's urban transformation and sustainable mobility push at the BRICS Supreme Audit Institutions Leaders' Summit in Bengaluru.
Heavy monsoon rains have severely impacted Mumbai and its surrounding areas, leading to landslides, suspension of train services, and at least 13 fatalities over the past few days. The Mumbai-Pune Expressway was also shut due to a concrete pillar collapse and waterlogging.
Indian Ambassador to Kuwait, Paramita Tripathi, visited Indian nationals injured in a recent attack on Kuwait International Airport, assuring them of embassy support. The attack, which occurred amidst escalating Iran-US hostilities, resulted in one Indian fatality and 13 injuries, with four still hospitalised. India has condemned the violence and called for an end to civilian targeting.
Andhra Pradesh Chief Minister N Chandrababu Naidu marked World Telecommunication and Information Society Day by emphasising the state's growing quantum technologies ecosystem and the importance of secure digital infrastructure.
Google on Tuesday announced funding support of USD 8 million to India's AI Centers of Excellence for health, agriculture, education, and sustainable cities, and committed USD 4,00,000 to support development of India's health foundation model.
Sports Minister Mansukh Mandaviya met with Commonwealth Sport President Donald Rukare to discuss preparations for the 2030 Commonwealth Games in Ahmedabad, focusing on efficient delivery, sustainability, and legacy planning.
The West Bengal government has transferred 142.79 acres of land to the Border Security Force (BSF) to facilitate the construction of outposts and barbed-wire fencing along the India-Bangladesh border, according to Chief Minister Suvendu Adhikari.
Nasscom President Rajesh Nambiar highlights India's growing importance as a technology partner due to geopolitical uncertainties and the need for resilient supply chains.
Punjab Chief Minister Bhagwant Mann is overseeing preparations for the Asian Champions Trophy hockey tournament, ensuring all arrangements are completed before September. The tournament marks the first time Punjab will host a major international hockey event.
E-commerce giant Amazon plans to make a mega-investment of $35 billion, over Rs 3.14 lakh crore, in India by 2030 across its businesses with a focus on AI-driven digitization, export growth and job creation, a senior company official said on Wednesday.
Experts highlight India's significant market potential for assistive technologies, estimated at Rs 75,000-95,000 crore by 2030. They advocate for a National Assistive Technology Policy to address current gaps in access and service delivery, fostering inclusion, independence, and economic participation for persons with disabilities and the elderly.
The Enforcement Directorate has attached assets worth Rs 634 crore of a Unitech Group realty project in Noida as part of a money laundering investigation linked to alleged fraud with homebuyers.
This is the time for India to plan forward fully, with the goal of Atmanirbharata, and energy security. The Persian Gulf is no longer a reliable source, points out Rajeev Srinivasan.
A Monaco-based fuel technology company, FOWE Eco Solutions, claims its patented Cavitech fuel emulsion technology can help industries slash fuel consumption, reduce emissions, and improve equipment performance by using water in fuel.
Twenty-two rowers have been inducted into the Target Olympic Podium Scheme (TOPS) Development Group to prepare for the Asian Games in Aichi-Nagoya, Japan. The selection, made by the Mission Olympic Cell, includes prominent names like Balraj Panwar and Arvind Singh.
A Monaco-based fuel technology company, FOWE Eco Solutions, claims its patented Cavitech fuel emulsion technology can help industries slash fuel consumption, reduce emissions, and improve equipment performance by using water.
Indian researchers from ICMR-National Institute for Research on Women's Health and IIT Bombay have developed an indigenous "placenta-on-chip" platform. This microphysiological system mimics the human placental barrier, reproducing essential functions like hormone production and nutrient transfer. It offers a simple, scalable tool for studying placental biology, pregnancy complications, and drug effects, aiming to reduce reliance on animal experimentation.
Sports Minister Mansukh Mandaviya announces plans for a nationwide campaign featuring iconic athletes and youth leaders to promote the 2030 Commonwealth Games in Ahmedabad.
Delhi Police have arrested three individuals, including a B.Tech student, for allegedly operating fake helicopter booking websites that defrauded pilgrims across India. The accused created fraudulent sites impersonating legitimate travel platforms, luring customers with online ads, and are linked to nearly 30 complaints totalling Rs 10 lakh in fraud.
A Monaco-based fuel technology company, FOWE Eco Solutions, claims its patented Cavitech fuel emulsion technology can help India reduce fuel consumption, emissions, and improve equipment performance by using water in a fuel-oil-water emulsion.
'The danger is that when the music stops, the fall will be sudden, faster, and deeper than anyone expects,' warns Debashis Basu.
'The West Asia or the Gulf crisis has shown that what we develop as national infrastructure when things are not as bad as they could be, we forget to plan for adversities.'
The West Bengal government will hand over land to the Border Security Force for international boundary fencing and security infrastructure, starting with a 27 km stretch. Chief Minister Suvendu Adhikari said more land would be provided wherever required to strengthen border management in the state.
