Airtel Business CEO Sharat Sinha stated that evolving architecture and methodologies for safely deploying Artificial Intelligence, coupled with adequate guardrails, are essential to unlock productivity gains. He welcomed the government's upcoming consultation paper on AI regulation, focusing on safety, deepfakes, and a human-first approach. Sinha also highlighted AI's role in driving demand for digital infrastructure and Airtel's growth in cybersecurity and fraud prevention.
Delhi Police have taken stringent measures to prevent the Cockroach Janta Party's 'Lehra Do Tiranga' march in Connaught Place, deploying thousands of personnel and citing prohibitory orders under Section 163 of the BNSS due to risks of traffic disruption, stampede, and threats to public safety.
India's services sector experienced its strongest growth in three months in September, with the HSBC India Services PMI Business Activity Index rising to 55.2, driven by a sharp increase in new orders and strengthening domestic demand.
India's services activity expanded in August, but the pace of growth cooled to the second-slowest since March 2022, despite stronger output and new business, according to the HSBC India Services PMI Business Activity Index.
A strike by Dakshin Haryana Bijli Vitran Nigam (DHBVN) workers has caused widespread power outages across Gurugram, Faridabad, and Nuh districts since Wednesday night. Thousands of residents and industrial units are affected, leading to significant economic losses and disruption of essential services like water supply. Talks between authorities and striking employees have so far been inconclusive.
HDFC Bank's share in active mutual fund schemes has fallen to multi-year lows, despite overall MF ownership in the bank rising, as the stock faces weak performance, soft margins, and governance concerns.
India's eway bill generation reached 139.08 million in August, marking the third-highest monthly count on record and indicating sustained momentum in goods movement and formal economic activity, according to official data.
The lack of faster growth in salaried jobs may well account for the degrowth in the unemployed educated population who are actively seeking jobs.
India's largest bank, SBI, is investigating the suspected exposure of 3,897 customer records containing personally identifiable information on the dark web. The bank received alerts on October 16 and has initiated cyber incident response protocols, engaging an independent cybersecurity agency. While a detailed assessment is underway, SBI states the incident has not materially impacted its core business operations. This comes as CERT-In also warned last week about autonomous AI agents accessing confidential data and reported a compromise of eMudhra's private keys.
Indian digital certification authority eMudhra has reported a compromise of private keys for some of its global TLS and code-signing certificates, according to Cert-In. This incident, while eMudhra states it has limited impact on its Indian operations, could allow cybercriminals to impersonate websites. Separately, SBI has disclosed a suspected exposure of nearly 4,000 customer records on the dark web.
McLaren Racing is selling five fully-functioning Formula One cars, including those driven by champions Lewis Hamilton and Ayrton Senna, and one tested by Hollywood actor Brad Pitt, with prices expected to reach tens of millions of dollars.
The Supreme Court has criticised RTI activism, calling it a "new business," while denying anticipatory bail to an activist accused of obstructing road construction work and intimidating public servants in Punjab.
The Delhi High Court refused to issue an injunction to stop a protest by the CJP at Connaught Place Central Park on October 16, accepting the police's assurance to regulate the activity. A vendor had sought to regulate the protest, citing potential business losses during the festive season.
PhonePe has announced a significant expansion plan to deepen digital payment infrastructure across India's towns and villages. This initiative includes hiring over 20,000 sales personnel and deploying more than 50 lakh payment devices, with a strong focus on rural areas, aiming to bring small merchants into the formal financial ecosystem.
India's private sector activity slowed to a four-year low in July, with the HSBC Flash Purchasing Managers' Index (PMI) falling to 54.3, driven by weakened sales and output amidst renewed tensions in West Asia and rising inflationary pressures.
The Delhi High Court has ruled that a private company's provision of email services does not, by itself, make it amenable to writ jurisdiction, even if the account is crucial for a user's business. This decision came as the court dismissed a petition by a media company seeking restoration of access to its Gmail account.
HDFC Bank has initiated an internal enquiry into the alleged leak of confidential information by two senior executives, with investigators examining whether the disclosed information was misused.
Hundreds of Cockroach Janta Party (CJP) supporters and student activists held flash protests across Connaught Place, Palika Bazaar, and Mandi House on Friday, calling for the resignation of Chief Election Commissioner Gyanesh Kumar. The demonstrations, which included slogans, placards, and participation from student bodies and Left leaders, led to significant police deployment, disruption of commercial activity, and the detention of CJP founder Abhijeet Dipke. Police had denied permission for the planned 'Lehra Do Tiranga' march, citing prohibitory orders.
Infosys co-founder Nandan Nilekani has dismissed fears that artificial intelligence will lead to job losses in India's IT services sector, calling such concerns "hogwash" and "disaster marketing." Speaking at the Bloomberg New Economy Forum 2026, Nilekani argued that AI will actually increase demand for IT firms as it necessitates complex business transformations and creates new types of jobs, particularly in small businesses.
Legendary Formula One driver and two-time world champion Mika Hakkinen advocates for the sport's return to India, citing its massive fan base and business opportunities.
The income-tax department has launched a significant verification drive targeting 394 entities and 36 professionals over suspected irregularities in substantial foreign remittances made over the past three years, aiming to uncover potential tax evasion and fraudulent transactions.
India's services sector experienced its weakest growth in four-and-a-half years in July, as new business orders, both domestic and export, eased due to intense competition and declining demand. Despite a modest rebound in job creation and improved profit margins, overall business confidence slipped, reflecting a broader slowdown in the economy.
Cricket icon Sachin Tendulkar shared a heartfelt birthday message for his daughter, Sara Tendulkar, who turned 29, expressing pride in her independent path and achievements.
Punjab Chief Minister Bhagwant Mann has condemned the murder of anti-drug activist Parvinder Singh, alias Jhota, in Mansa, assuring strict action against all involved. He also criticised opposition parties for politicising the incident. The medical store owner accused of the shooting was arrested, and public outrage led to property damage.
Mumbai Police have confirmed that none of the three accused in the Tiger Shroff shooting case are minors, with two assailants firing multiple rounds at the actor's car. The suspects, aged 18 and 22, were apprehended in Kota, Rajasthan, following an inter-state operation. The motive behind the attack remains unknown, and investigations are ongoing, with the Anti-Extortion Cell taking over the case.
The GST Council, chaired by Finance Minister Nirmala Sitharaman, has begun deliberations on significant reforms, including decriminalising nine offences, softening provisions for 24, and raising the threshold for criminal prosecution to Rs 5 crore. The proposed changes also include scrapping the arrest powers of GST officers and introducing an 'invoice matching system' to combat fake input tax credit claims, aiming for a trust-based taxation approach and enhanced ease of doing business.
India's manufacturing sector activity surged to a seven-month high in September, driven by a significant acceleration in new orders and output, leading to solid expansion in factory hiring and a four-month peak in business optimism.
India's cybersecurity agency, CERT-In, has issued a critical advisory warning about autonomous AI agents accessing sensitive data of Indian organisations without authorisation. Government sources on Friday emphasised the need for companies to bolster cybersecurity measures and monitor system activity, noting that while no major compromise occurred, the incident serves as an early warning. Future AI regulation is expected to address the risks posed by these agents.
India's Next-Gen GST reforms are proving instrumental in driving robust economic growth, simplifying tax compliance, and fostering a more inclusive business environment across the nation, aligning with the vision of a 'Viksit Bharat', writes Finance Minister Nirmala Sitharaman.
'You want the main man, and you cannot even bring him to Mumbai, where he has allegedly carried out a high-profile shootout.'
Faridkot MP Sarabjeet Singh Khalsa has formally requested the Union Home Ministry to initiate a CBI investigation into the murder of anti-drug activist Parvinder Singh Jhota in Mansa. Jhota was shot on October 13 while exposing illegal drug sales, and the incident has sparked outrage in Punjab. Khalsa expressed concerns about the local police probe and the accused's alleged criminal history, questioning the issuance of an arms license.
Amitabh Kant, former NITI Aayog CEO, and PGTI CEO Amandeep Johl express strong confidence in India's potential to become a global golf powerhouse within the next decade. Kant specifically predicts a woman golfer will achieve a breakthrough moment for the country. They highlight India's demographic advantage, rising youth participation, and the need for university-level talent development and private investment in infrastructure to achieve this goal.
The Supreme Court has strongly criticised the Allahabad High Court for releasing two men, convicted in a 2003 knife and gun attack case, on probation. The apex court stated that the High Court showed "misplaced sympathy" and allowed the accused to go "scot-free" without imprisonment, despite the brutality of the crime and grievous injuries to the victim. The Supreme Court set aside the High Court's order and directed the accused to surrender within two weeks.
Zoho Corporation has paused annual pay hikes and reduced marketing expenditure, citing a four-fold increase in server prices for AI infrastructure and an uncertain software sector outlook, according to founder Sridhar Vembu.
India's private sector activity saw a significant recovery in April, driven primarily by robust growth in manufacturing output and sales, following a three-year low in March attributed to the West Asia conflict.
The Income Tax Department has initiated a nationwide verification drive targeting suspicious foreign remittances made by entities with minimal business activity, including those in border districts, and is scrutinising the chartered accountants who issued the mandatory tax determination certificates.
French President Emmanuel Macron criticised unnamed foreign leaders, including Donald Trump and Benjamin Netanyahu, for making "stupid comments" and exploiting recent domestic unrest in France for their own political campaigns. Speaking in Doha, Macron condemned the use of misinformation and AI-generated content to misrepresent the situation, asserting there was no foreign interference in the events but manipulation of information afterwards. He specifically called out Trump's claims about France being "under siege" and Netanyahu's assertion of an "invasion of extremist Islam."
Net office space leasing in India's top eight cities declined by 20 per cent in the January-September period to 36.7 million sq ft, primarily due to limited fresh supply of quality workspaces and a high base effect from the previous year, according to a report by Cushman & Wakefield. Despite this, gross leasing saw a 1 per cent increase, reaching a record 64.6 million sq ft, indicating strong underlying market activity.
AIADMK chief Edappadi K Palaniswami has criticised Tamil Nadu Chief Minister C Joseph Vijay for his silence regarding a multi-crore international drug racket operating along the state's coastline. Palaniswami questioned if the racket was happening with the ruling TVK's knowledge, citing a recent 137 kg crystal methamphetamine seizure by the DRI and the alleged involvement of a TVK functionary. He demanded a comprehensive explanation from the Chief Minister.
Delhi Police has deployed over 6,000 personnel, 220 companies of CAPF, and an expanded CCTV network in New Delhi for the Cockroach Janta Party's proposed 'Lehra Do Tiranga' march on Friday. The march, which has not been granted permission, is planned for Central Park in Connaught Place, which will be closed. Prohibitory orders are in force, and police are prepared to take action against violators, while also offering an alternative, suitable location for a flag march to a select group.
