Barclays Global Service Centre India MD & CEO Praveen Kumar has urged Indian banks to modernise their technology architecture and build AI-based defence systems to counter emerging cyber threats posed by AI tools.
State Bank of India (SBI) is extensively using artificial intelligence to underwrite nearly Rs 1 lakh crore in MSME loans and automate the processing of cheques up to Rs 10,000. This AI adoption aims to enhance efficiency, free up employee bandwidth, and improve customer service across various banking functions.
An Indian AI Research Organisation official says India has adopted a balanced and pragmatic approach to AI regulation, avoiding the extremes of the US and EU models.
Azim Premji's private investment firm, Premji Invest, has quietly built a formidable portfolio of 11 AI startups, primarily in the US, with a combined valuation of $43 billion. The firm has participated in 19 funding rounds since 2021, with a notable focus on US-based companies, many of which were founded by Indian entrepreneurs.
Nandan Nilekani, co-founder of Infosys, has urged for the expanded adoption of the Account Aggregator (AA) framework to facilitate formal credit access for self-employed individuals and gig workers. He highlighted its potential to enable cash-flow-based lending by leveraging diverse data streams, moving beyond traditional asset-based lending, and fostering a more inclusive digital financial infrastructure in India.
High-performance computing server maker Netweb Technologies reported a more than twofold increase in net profit to Rs 85.32 crore for the first quarter ended June 30, 2026. This significant growth was primarily driven by its AI Systems segment, which contributed over 62% of the revenue. The company also saw its revenue from operations more than double to Rs 819.6 crore, reflecting strong demand and disciplined execution, with a robust order book of Rs 2,507 crore.
Paul Bettany and James Spader bring plenty of personality to VisionQuest, but the Marvel's latest series struggles to find the emotional soul its story needs.
Indian-origin tech executive Uday Ruddaraju has been appointed Chief Technology Officer, Compute at OpenAI, a year after leaving Elon Musk's xAI. Ruddaraju, an alumnus of Hyderabad's Chaitanya Bharathi Institute of Technology, announced his new role on LinkedIn, highlighting OpenAI's mission to build the world's largest compute footprint for frontier AI.
'...A new challenge has emerged in the form of Mythos.'
Korean auto major Hyundai plans to invest an additional Rs 4,000 crore in Maharashtra by 2030, aiming to nearly double capacity at its new Pune manufacturing plant to 320,000 units per annum in a phased manner, a top company executive said.
HCLTech, India's third-largest IT services company, announced plans to establish a global technology centre and an AI-optimised data centre in Bhubaneswar, Odisha, with a total investment of approximately Rs 15,000 crore, marking its entry into the AI infrastructure business.
Meta has partnered with Reliance Industries Ltd (RIL) to construct its first AI-powered data centre in India, a 168-megawatt facility located in Jamnagar, marking a significant milestone in Meta's global infrastructure expansion and deepening its strategic partnership with Reliance.
Uttar Pradesh Chief Minister Yogi Adityanath announced the state's ambitious shift from mobile phone assembly to advanced microchip manufacturing, data centres, and artificial intelligence. He highlighted significant investments and growth in the digital economy, attributing the transformation to the "double-engine government's" alignment with national initiatives like 'Make in India' and 'Aatmanirbhar Bharat'. Adityanath also criticised previous administrations for hindering the state's potential.
Fashion model and social media influencer Shraddha Dubey, accused in the alleged murder of Lucknow cafe owner Shiva Sharma, claims Sharma committed suicide by jumping from her balcony due to heavy debt. Dubey has released videos denying her involvement and expressing her desire to cooperate with the police, while Sharma's family alleges torture and murder. Police are investigating and seeking to arrest Dubey and other absconders.
The Sports Ministry has established a seven-member committee, including representatives from Hockey India, HIL franchises, and the ministry, to address the crisis and work towards the revival of the Hockey India League. This follows a September meeting where Sports Minister Mansukh Mandaviya discussed concerns with stakeholders, aiming to resolve issues related to governance, finance, and structure.
Kakatiya Knights secured a decisive 6-0 victory over Mighty Marathas in their final round-robin match of the Archery Premier League. This win serves as a strong precursor to their upcoming clash in the first qualifier on Sunday, where both teams will vie for a spot in the final. The Knights' compound archers were particularly impressive, maintaining perfect scores despite challenging conditions.
A new study analysing over 33,000 cancer journal articles has uncovered widespread citation manipulation by "research paper mills". These fraudulent organisations artificially inflate citation counts, a key academic performance metric, for thousands of articles. The suspect papers show unusually high citations but low readership, distorting scientific evidence and potentially slowing progress.
Indian IT service providers face heightened competition from AI-native firms in the next three years, potentially eroding their revenue base unless they remain competitive and protect recurring businesses, according to a report by S&P Global Ratings.
Meta's new Muse Image AI generator, which can create AI images from public Instagram accounts without explicit consent, has sparked significant privacy concerns and criticism over its 'opt-in-by-default' approach, raising fears of deepfakes and online impersonation.
A CII white paper released Thursday outlines a strategy for India's media and entertainment sector to achieve a USD 100 billion valuation by the early 2030s, requiring an annual growth rate of 15 per cent and significant policy reforms. The paper identifies key areas for growth, including broadcasting reform, anti-piracy measures, and investment in regional markets.
Jio Platforms (JPL) is preparing a capex-light strategy to commercially launch 6G services in the early 2030s through software upgrades, rather than fresh infrastructure investments, according to Akash Ambani, managing director of JPL.
'There's been a sense of FOMO, fear mongering and that has led to token consumption without linkages to ROI and without linkages to outcomes.'
Mobile payments pioneer Paytm reported significant growth in its UPI payments business for Q1 FY27, driven by app simplification, AI investments, and a focus on attracting Gen Z customers. The company saw a 45% year-on-year increase in Consumer UPI Gross Transaction Value and a rise of 60 lakh in Monthly Transacting Users, outpacing the industry. Paytm's strategy prioritises customer retention and product innovation, leading to a profitable quarter with strong revenue and EBITDA growth, further supported by AI-led operational efficiencies and an India-focused language model.
Samajwadi Party president Akhilesh Yadav has alleged that the death of Lucknow cafe owner Shiva Sharma is "not an ordinary case" and could "bring down the Uttar Pradesh government," drawing parallels to the Vikas Dubey encounter. Yadav criticised the police and media's handling of the case, particularly regarding the absconding prime accused, Shraddha Dubey. The case involves allegations of assault and torture by Sharma's family, a reward for the accused's arrest, and recent transfers of police officials.
'Indian IT firms must hire and train more Americans while reducing dependence on sending employees from India to the US.'
The technology services sector in India will continue to remain relevant to global enterprises transformation in the artificial intelligence (AI) era, the Nasscom US CEO Forum said, even though there will be changes in how services are delivered and scaled up. Chief executive officers of Indian technology companies, who attended the discussion, also said AI will expand the addressable market opportunity across enterprise modernisation, data, AI governance and intelligent operations.
Congress MLA Jignesh Mevani and three others have been booked in a second FIR for allegedly obstructing police, creating commotion at a police outpost, and violating the poll code during the Gandhinagar civic body elections. The charges include unlawful assembly and rioting, stemming from an incident where Mevani and supporters allegedly interfered with police questioning a man at a Sector-13 police outpost on October 9.
Google's AI Search marks a shift from information discovery to information delivery.
Nasscom has warned that India's technology workforce risks becoming merely AI-reliant rather than truly AI-native if deep engineering expertise is not preserved. The industry body highlights that while many professionals adopt AI, only a fraction are AI-native, necessitating a shift in academic and industry approaches to foster foundational skills and independent problem-solving.
The new Asus TUF Gaming A14 laptop, featuring an AMD Ryzen AI 9 processor and Nvidia GeForce RTX 5060 GPU, is priced at Rs 1,99,990 for the FA401GM-RG038WS model.
'Today, we are at a stage where we have launched a voice-to-voice model that supports 14 Indian languages.'
UN Women has issued a stark warning that the rapid advancement of artificial intelligence (AI) is placing women at a higher risk of discrimination and digital violence, citing studies that reveal significant gender bias in AI systems and large language models.
'At the end of the day, it is just another technology produced by the human mind.'
Anthropic CEO Dario Amodei emphasized India's crucial role in addressing the challenges posed by AI, including autonomous behavior, misuse potential, and economic displacement, during his address at the India AI Impact Summit 2026.
'When a technology is this fundamental, a country should have its own version of it, rather than relying on whether someone else chooses to build it for you.'
Anthropic has labelled the US government's directive to suspend its Fable 5 and Mythos 5 AI models as a "misunderstanding" and is actively working to restore access, warning that the current standard for narrow jailbreak findings could "essentially halt all new model deployments for all frontier model providers."
Sebi chairman Tuhin Kanta Pandey acknowledged that all global jurisdictions experienced lower liquidity during the initial implementation phases of the closing auction session (CAS), a stock price determination framework introduced in India on August 3.
Paytm CEO Vijay Shekhar Sharma stated that the government's new Merchant Discount Rate (MDR) on large-value UPI transactions will significantly increase the company's revenue and profitability. The 0.4% fee on UPI transfers exceeding Rs 2,000 to merchants, effective October 15, is expected to give Paytm a competitive edge. Sharma also highlighted the company's focus on generating free cash flow, expanding internationally, and developing proprietary artificial intelligence capabilities to drive future growth.
Researchers have found that Earth and Mars formed in different ways despite originating from the same solar nebula. Earth's mass primarily came from protoplanets accreting pebbles, while Mars's mass largely originated from planetesimals. This study, published in Nature Astronomy, used volatile elements as chemical fingerprints to reconstruct their formation 4.5 billion years ago, supporting a hybrid model of planet formation.
As AI enters astrology apps and predictions, technology is becoming a new interface for humanity's oldest questions about uncertainty and the future.
