Minister of State for Telecom Chandra Sekhar Pemmasani urged BRICS nations to collaborate on building institutional capacity and advocating for fair standards in international telecom and ICT bodies. He highlighted India's willingness to share its modular, open-source digital public infrastructure frameworks like Aadhaar and DigiLocker, emphasising their role in sustainable development and economic growth across the Global South.
Prime Minister Narendra Modi, in his Independence Day address, highlighted technology and innovation as central to India's goal of becoming a developed nation by 2047. He called for India to lead in emerging technologies like AI, quantum computing, and space, announcing a massive AI skilling initiative for one crore youth. Modi stressed the importance of becoming a global innovation hub, bolstering energy security with nuclear power, and strengthening cybersecurity.
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.
UK-based Gorilla Technology Group is expanding its AI infrastructure collaboration with Yotta Data Services in India, deploying additional GPU cards to support large-scale AI compute infrastructure.
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.
E-commerce enablement platform Shiprocket Ltd saw its shares list with a 35 per cent premium on its market debut, trading at Rs 129.50 on the BSE and Rs 131 on the NSE against an issue price of Rs 97, achieving a market valuation of Rs 9,901.60 crore.
Drone technology company ideaForge Technology has successfully raised Rs 500 crore through a Qualified Institutional Placement (QIP). The funding, which saw strong interest from domestic and international institutional investors, will be used to accelerate innovation, expand its product portfolio into combat drones and autonomous systems, and strengthen its working capital to meet growing demand in defence, homeland security, and civil sectors.
Drone technology company ideaForge Technology has successfully raised Rs 500 crore through a Qualified Institutional Placement (QIP). The funding, which saw strong interest from domestic and international institutional investors, will be used to accelerate innovation, expand its product portfolio into combat drones and autonomous systems, and strengthen its working capital to meet growing demand in defence, homeland security, and civil sectors.
The initial public offering (IPO) of e-commerce enablement platform Shiprocket Ltd was subscribed an impressive 99.38 times on its final day of bidding, attracting bids for over 9.38 billion shares against 94.43 million on offer.
Prime Minister Narendra Modi, addressing the nation from the Red Fort on Independence Day, declared that India is undergoing a rapid transformation across various sectors and is firmly on track to become a developed nation by 2047.
Queen Maxima of the Netherlands, the UN Secretary-General's Special Advocate for Financial Health, visited Mumbai to understand India's digital public infrastructure, including UPI and AI, in improving financial health for salaried individuals. She interacted with healthcare professionals and SalarySe leaders, praising India's advancements in financial inclusion and technology's role in empowering individuals.
Amazon CEO Andy Jassy met Prime Minister Narendra Modi and announced the company's intention to invest an additional USD 13 billion in India by 2030, focusing on expanding AI and cloud infrastructure.
JAKSON Group has appointed Ivan Saha as the Managing Director of its integrated Solar Manufacturing business. Saha, with over 31 years of experience in the semiconductor, solar, and sustainable energy sectors, will oversee technology, operations, and business growth, supporting JAKSON's expansion and backward integration plans in the solar value chain.
Andhra Pradesh Chief Minister N Chandrababu Naidu has approved the establishment of India's first dedicated Quantum and AI University campus in Amaravati by NIELIT. This significant project, funded by the MeitY, Government of India, will focus on advanced technologies like Quantum, AI, and Semiconductors, integrating education, research, and entrepreneurship.
The Securities and Exchange Board of India (Sebi) is reportedly 'close' to approving the National Stock Exchange's (NSE) initial public offering (IPO) draft documents, with an expected market debut by early next month. Sebi Chairman Tuhin Kanta Pandey also emphasised the regulator's focus on enhancing market resilience against evolving risks, including technology failures and the impact of artificial intelligence.
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.
'Improved law and order and transparent governance have helped change UP's investment image.'
Japan is deepening its defence relationship with India while simultaneously expanding its economic, infrastructure and security engagement with countries around India -- particularly Bangladesh. The result is an emerging Japanese conception of South Asia in which India remains the strategic anchor, but the geography surrounding India is becoming increasingly important, points out Varun Arya.
Following devastating flash floods in Nepal, experts are calling for systematic scientific assessments of glaciers to understand and mitigate hazards, alongside the development of a robust land use policy for the Himalayan region. The floods, which killed over 460 people and left thousands missing, are believed to be linked to climate change impacts on glaciers and permafrost.
The Indian government has notified the Legal Metrology (Indian Standard Time) Rules, 2026, establishing IST as the sole reference for all official purposes nationwide. These rules, effective in 180 days, aim to synchronise digital systems, reduce reliance on foreign time sources, and enhance coordination across critical sectors like banking, railways, and telecommunications.
IndiGo Managing Director Rahul Bhatia has stated that the airline has 'taken all the necessary steps' to learn from the operational disruption faced in December last year, while outlining a long-term vision focused on customer trust, international expansion, and establishing India as a global aviation hub.
The task force's move to directly solicit views from students, parents and teachers marks a parallel effort to bring education stakeholders into the reform process.
Zerodha co-founder Nikhil Kamath has invested Rs 200 crore in CtrlS, a hyperscale data centre company, with entrepreneur Sreeram Reddy Vanga adding Rs 50 crore. This capital infusion will fuel CtrlS's infrastructure expansion and capacity growth across India, addressing the rising demand from enterprises and hyperscale clients driven by AI, cloud, and digital advancements.
Fintech firm PhonePe has signed a Memorandum of Understanding (MoU) with the Ministry of Electronics and Information Technology (MeitY) to integrate its enterprise data intelligence platform, PulsePro, into the PM GatiShakti framework. This collaboration aims to provide granular, hyperlocal insights for national infrastructure planning, economic analysis, and holistic urban and rural development.
Quantum computing is set to redefine artificial intelligence, cybersecurity, and scientific discovery, promising unprecedented speeds and capabilities while also necessitating urgent development of quantum-safe security measures and strategic enterprise readiness, says Sunil Varghese.
Flash floods in Tibet's Gyirong County, near the China-Nepal border, have resulted in five deaths and 558 missing individuals, including 260 foreign nationals. The disaster also caused significant casualties in Nepal and disrupted infrastructure. Rescue operations are underway, and concerns are rising over a newly formed barrier lake that poses a risk of further flooding.
NeoGeoInfo Technologies, a spatial intelligence solutions provider, has secured a Series A investment of approximately USD 20 million from Neev II Fund and Aavishkaar Capital. This funding will fuel the company's R&D, expand its international presence in the Middle East and Americas, and strengthen its team for complex projects.
Researchers at IIT (ISM) Dhanbad have secured a patent for a novel temperature-independent optical sensor designed to precisely measure structural tilt in two directions. This lightweight sensor, utilising Fiber Bragg Grating (FBG) technology, offers enhanced monitoring capabilities for various applications including bridges, robotics, aerospace, and geotechnical systems, promising low maintenance and long-term stability checks.
Devastating flash floods near the Tibet-Nepal border have led to the evacuation of over 1,000 people, including tourists, from Gyirong County. The floods caused casualties in both Tibet and Nepal, disrupted infrastructure, and prompted a Level-IV alert due to a rapidly forming barrier lake with a high risk of breaching and causing further downstream flooding.
Foreign portfolio investors (FPIs) significantly increased their buying in Indian equities during the first half of August, with financial services attracting the largest inflows, reversing previous outflows. The IT sector also continued to see strong interest from overseas investors, driven by a reassessment of valuations and the role of Indian IT firms in AI deployment.
Making UPI payments fee-based for some transactions could enhance mental reservations against digital payments -- which have largely been overcome -- once more. Do we want to regress?, asks R Jagannthan.
Astrobase Space Technologies, a Bengaluru-based startup, has unveiled 'EVEREST', India's first privately built full-flow staged combustion (FFSC) LOX-Methane rocket engine. This advanced engine, designed for reusable medium-lift launch vehicles, aims to enhance India's position in the global space economy by providing high-performance propulsion systems for future satellite deployments.
TCS has secured a multi-year deal with Swedish bearings manufacturer SKF to modernise its IT infrastructure and leverage AI for industrial manufacturing.
The ACSEL Technology Forum, a Karnataka government Centre of Excellence in AI, has launched Tathyakosh.in, a digital public good designed to make India's extensive public data more accessible. This platform consolidates over 1.5 million datasets from 458 sources, addressing the challenge of fragmented data discovery across various government and research portals. It aims to benefit researchers, startups, and technology teams in sectors like healthcare, agriculture, and financial inclusion by providing a structured and discoverable data infrastructure.
A digital profiling exercise by the Delhi government has revealed significant infrastructure deficiencies in government schools, including shortages of drinking water taps, lack of facilities for children with special needs, and structurally unsafe buildings.
Haryana is institutionalising drone technology as a key governance tool, deploying AI-powered surveillance and high-resolution geospatial mapping. This initiative aims to detect illegal constructions, monitor mining activities, map civic infrastructure, and track pollution across the state. The Chief Secretary reviewed progress on various projects, including an AI-powered Change Detection Application and digital mapping of municipal assets, highlighting the state's commitment to evidence-based governance and improved public service delivery.
In response to the NEET-UG 2026 paper leak controversy, the NTA has initiated a significant security upgrade, floating a Rs 7.5 crore tender for comprehensive, round-the-clock security services to protect its critical infrastructure and confidential examination materials.
'Indian private sector hospitals provide quality healthcare at a fraction of the global cost.'
Air India, SkyDrive, and Suzuki Motor Corporation have signed an initial pact to conduct a joint feasibility study on using electric vertical take-off and landing (eVTOL) aircraft for medical air logistics in India. This collaboration aims to address severe traffic congestion in major Indian cities, which poses challenges for time-critical medical transport, by developing last-mile emergency medical solutions.
The biggest challenge to widespread deployment is no longer AI. It is the financial and commerce infrastructure that was built decades ago for deterministic software and human interactions -- not autonomous AI agents.
