Business

AI adoption improving public service delivery and governance

Artificial intelligence is playing an increasingly important role in strengthening governance and public service delivery across India, highlighted a report by EY and the National Institute for Smart Government.

2025-12-12T06:31:51.337505+00:00 IST

Pranav Adani charts India’s trillion-dollar future

Pranav Adani, Director, Adani Enterprises Limited (AEL), set out a data-driven vision for how India can accelerate its economic rise and how the Adani Group's infrastructure backbone is helping shape that trajectory.

2025-12-12T06:27:27.031019+00:00 IST

Moody’s maintains stable outlook for global AMCs in 2026

Moody's Ratings has maintained a stable outlook for the global asset management industry in 2026, citing expectations of steady assets under management (AUM) growth supported by lower interest rates and subdued but stable global economic expansion, even as competition continues to squeeze profit margins.

2025-12-12T06:24:29.364538+00:00 IST

Branded room demand to rise 10.4% CAGR, supply up to 9%: YES Secu

Demand for branded hotel rooms in India is set to grow faster than supply over the next five years, according to a report by YES Securities.

2025-12-12T06:04:54.368355+00:00 IST

Artificial Intelligence is redefining “what’s possible": Nadella

Microsoft CEO Satya Nadella said the world is entering a new era where the "frontier of what is possible" is rapidly expanding, driven by advances in artificial intelligence.

2025-12-12T05:49:09.764266+00:00 IST

"Putin’s India visit signals New Delhi’s continued non-alignment"

Russian President Vladimir Putin's recent state visit to India was an indication that the Indian government under Prime Minister Narendra Modi sent its message of non-alignment even as the Russia-Ukraine conflict continues, Christopher Wood, Jefferies' Global Head of Equity Strategy, has noted in a report.

2025-12-12T05:45:23.061241+00:00 IST

Government notifies Act for sharp hike in duty on tobacco product

The Government has notified the Central Excise (Amendment) Act, 2025, effecting a substantial increase in excise duties on unmanufactured tobacco, manufactured tobacco, tobacco products, and tobacco substitutes.

2025-12-12T05:41:06.014811+00:00 IST

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Business

Markets open higher on Friday as momentum builds on India US deal

The domestic stock markets opened on a positive note on Friday, supported by renewed confidence after progress on the India-US trade deal and the recent conversation between Prime Minister Narendra Modi and US President Donald Trump.

2025-12-12T04:05:59.776141+00:00 IST

Business

Russian Oil exports drop sharply in November as sanctions concern

Russian oil exports saw a steep decline in November as buyers grew increasingly cautious over the risks linked to more stringent US sanctions, the International Energy Agency (IEA) said in its latest report.

2025-12-12T02:39:22.121007+00:00 IST

Business

Carry curiosity, courage, perseverance, gratitude: Mukesh Ambani

Reliance Industries Chairman and Managing Director Mukesh Ambani on Thursday urged graduating students of Pandit Deendayal Energy University (PDEU) to carry four "lifelong companions"--curiosity, courage, perseverance and gratitude--as they step into a rapidly transforming world shaped by emerging technologies like Artificial Intelligence.

2025-12-11T20:56:04.729465+00:00 IST

Business

Positive engagements to continue on trade deal with US: Sources

he visit of a delegation of US trade officials from the office of the US Trade Representative, led by Deputy US Trade Rick Switzer served as an opportunity for both sides to have productive exchanges on a wide gamut of items, including the ongoing negotiations for a mutually beneficial India-US Bilateral Trade Agreement, Commerce Ministry sources said on Thursday.

2025-12-11T18:06:24.040997+00:00 IST

Business

India’s regulatory stance on AI sets it apart globally

Mishra highlighted the strong potential for US-India cooperation in AI, noting that India's open regulatory environment complements the US's innovation-driven approach.

2025-12-11T17:25:11.274925+00:00 IST

Business

'India pivotal force in shaping responsible AI for Global South'

From tackling disparities in compute access to ensuring culturally grounded AI systems and safe deployment at scale, speakers at the Carnegie Global Technology Summit Innovation Dialogue 2025 highlighted India's unique ability to bridge global innovation with local impact, positioning the country as both a testbed and a torchbearer for AI-driven social transformation.

2025-12-11T17:18:35.986731+00:00 IST

Business

Global South stakeholders identify frictions, solutions for AI

At the Carnegie Global Technology Summit Innovation Dialogue 2025, voices from Africa and India highlighted shared challenges, unique advantages, and the urgent need to build inclusive, scalable AI ecosystems.

2025-12-11T15:54:04.573845+00:00 IST

Business

India’s approach to AI rooted in public benefit: Carnegie India

Speaking on the sidelines of the Carnegie Global Technology Summit Innovation Dialogue 2025, he said, "While discussions in countries like the US and China often revolve around superintelligence, India's focus is on AI's real-world impact today, particularly its ability to improve the lives of farmers, patients, and students."

2025-12-11T15:41:25.850864+00:00 IST

Business

UNDP AI Director highlights India's diverse landscape for AI

She emphasised that India's approach focuses on using technology to serve people, rather than just adopting technology for its own sake. This people-centric approach is what makes India's initiatives noteworthy and worthy of global adoption.

2025-12-11T15:36:10.427343+00:00 IST

Business

India-Italy sign Joint Commission for Economic Cooperation

Taking it to social media platform X, Piyush Goyal said, "We also witnessed the signing of industry agreements across various sectors between both sides. At our joint address to the press, I reiterated the significance of deepening India-Italy cooperation by expanding trade, boosting investments, enhancing industrial collaborations, and leveraging the broader India-EU engagement to unlock new opportunities."

2025-12-11T15:35:18.409047+00:00 IST

Business

India-US trade negotiations progressing well: Piyush Goyal

Negotiations are progressing well for the trade deal between India and United States and substantial discussions have taken place, Commerce and Industry Minister Piyush Goyal said on Thursday.

2025-12-11T15:00:56.018621+00:00 IST

Business

'India must become self-reliant in critical technologies'

Noting that India must become self-reliant in critical technologies and industries, Reliance Industries Limited Chairman and Managing Director Mukesh Ambani on Thursday said that the global economy is growing at less than 2.5 per cent while the country is sprinting ahead at nearly 8 per cent but the "geopolitical situation has created certain challenges for our future progress".

2025-12-11T15:00:15.898891+00:00 IST

Business

India left “no stone unturned” for fair FTA talks with EU: Goyal

Commerce and Industry Minister Piyush Goyal on Thursday addressed the India-Italy Business Forum plenary session in Mumbai along with Antonio Tajani, Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation of Italy. Goyal said India is "leaving no stone unturned for a fair, equitable, and balanced India-EU FTA," noting that the partnership with Italy will play a key role in shaping the negotiations.

2025-12-11T14:33:28.263922+00:00 IST

Business

India's 1st hydrogen fuel cell vessel launched in Varanasi

India marked a major step in its green maritime push as Union Minister for Ports, Shipping and Waterways (MoPSW) Sarbananda Sonowal flagged off the commercial operation of the country's first fully indigenous hydrogen fuel cell passenger vessel at Namo Ghat, Varanasi.

2025-12-11T13:58:49.803657+00:00 IST