Generative AI Is Redefining Banking: From Personalized Financial Advice to Smarter Fraud Detection and Efficiency Gains

Did you know that 77% of banking executives believe AI holds the key to their success—and that over half of industry leaders are already capitalizing on AI’s potential? Within three years, GenAI use cases are projected to deliver a 9% reduction in costs and a 9% increase in sales. Meanwh...

Karnataka Launches India’s First Centre of Excellence in Space Technology to Propel Next-Gen Space Innovation

Moreover, Karnataka has announced the establishment of India’s first Centre of Excellence (CoE) in Space Technology in Bengaluru, marking a major step toward advancing the nation’s space ambitions. The initiative, launched in partnership with the Space Industry Association India (S...

MeitY Weighs Industry Demand to Integrate IT Export Reporting into GST Portal Amid Calls to Scrap New RBI Form

The Ministry of Electronics and Information Technology (MeitY) is examining an information technology industry demand to make the goods and services tax portal a single digital window for all IT export reporting and certifications, officials told ET.The move to streamline the export regist...

NITI Aayog’s New AI Report Projects $600 Billion GDP Boost by 2035 but Sparks Debate Over Policy Gaps and Industry Bias

NITI Aayog has released a new report projecting that Artificial Intelligence (AI) could add between $500 and $600 billion to India’s GDP by 2035. AI for Viksit Bharat: The Opportunity for Accelerated Economic Growth positions AI as the key lever for India to achieve 8% annual growth....

India’s MeitY Advisory on AI Sparks Industry Debate Over Regulation, Clarity, and Innovation Risks

INTRODUCTIONOn March 1, 2024, the Indian Ministry of Electronics and Information Technology (“MeitY”) issued an Advisory for intermediaries and platforms involved in the business of Artificial Intelligence (“AI”) Technology. While termed an “advisory”, the documen...

World Bank and ICAR’s NAHEP Transforms India’s Agricultural Education, Doubling Enrollment and Driving Tech-Driven Innovation

India’s agricultural sector, the backbone of its economy and source of livelihood for nearly half its workforce, is undergoing a quiet revolution. A landmark higher education initiative — the National Agricultural Higher Education Project (NAHEP) — has modernised teaching, ...

Telangana Becomes India’s First State to Launch Data Exchange Platform TGDeX to Accelerate AI Innovation

Telangana launches the Telangana Data Exchange, becoming the first state to do so. TGDeX aims to solve AI innovation challenges. It offers datasets, resources, and models in a secure environment. The platform is a collaboration between the state government, JICA, and IISc Bangalore. The goal is to c...

India’s AI Mission Secures 38,000 GPUs, Launches Voucher Model to Democratize Compute Access and Boost Homegrown AI Innovation

India has secured an unprecedented 38,000 graphics processing units (GPUs) under its national AI Mission — more than three times its original goal of 10,000 — in a decisive move to bolster the country’s artificial intelligence ecosystem. The expanded capacity will give researchers,...

World AI Summit 2025 Concludes in Bengaluru, Showcasing India’s Vision for Inclusive and Responsible AI Growth

The World AI Summit concluded successfully in Bengaluru on 26th September 2025, bringing together over 150 global speakers and 1,000+ key stakeholders, including AI innovators, industry leaders, policy-makers, and technology pioneers. Under the theme, “AI for All: Powering Indi...

Indian Parliamentary Panel Proposes Mandatory Labelling and Licensing for AI-Generated Content to Combat Deepfakes and Misinformation

A key parliamentary committee in India has called for mandatory labelling of all artificial intelligence (AI)-generated content and licensing requirements for AI creators, in a move designed to curb the growing threat of misinformation and safeguard public trust in digital media. The Standing Commi...

NITI Aayog Launches ‘AI for Viksit Bharat Roadmap’ and Frontier Tech Repository to Accelerate India’s Tech-Driven Growth

NITI Aayog today launched two transformative initiatives, AI for Viksit Bharat Roadmap: Opportunity for Accelerated Economic Growth and NITI Frontier Tech Repository under its Frontier Tech Hub. The Roadmap was launched by Smt. Nirmala Sitharaman, Minister of Finance and Corporat...

Global AI-Powered Storage Market to Reach USD 76.6 Billion by 2030, Growing at 23.13% CAGR: Mordor Intelligence

According to Mordor Intelligence, the global AI-powered storage market is valued at USD 27.06 billion in 2025 and is projected to reach USD 76.6 billion by 2030, growing at a CAGR of 23.13% during the forecast period. The AI-powered storage market is...

Rocket Raises $15M Seed Round from Salesforce Ventures and Accel to Democratize AI-Powered App Building

Rocket, the AI-powered app-building platform that transforms natural language into production-ready applications, today announced a $15M Seed funding round led by Salesforce Ventures and Accel, with participation from Together Fund. The funding will be used to strengthen R&D, accelerat...

Infosys Expands Strategic Partnership with Sunrise to Accelerate AI-Driven IT Transformation in Switzerland

Infosys (NSE, BSE, NYSE: INFY), a global leader in next-generation digital services and consulting, announced the expansion of its strategic long-term collaboration with Sunrise, Switzerland's leading challenger, with a strong number two position in the Swiss telecommunications market, to ...

TVU Networks Showcases AI-Powered Cloud Production at Broadcast India 2025 to Redefine Live Broadcasting

TVU Networks transforms live broadcasting. The cloud-native video technology pioneer brings two decades of innovation to Broadcast India 2025, Booth F07, Jio World Convention Centre (October 14-16). Experience how AI-powered workflows and intelligent cloud production revolutionize India's broadcast ...

Mapex AI Powers India’s Smart Urban Revolution with GIS and AI-Driven Geospatial Solutions

India's urban landscape is undergoing a profound transformation, fuelled by accelerating population growth, economic expansion, and significant rural-to-urban migration. To navigate these complex dynamics, both central and state governments are spearheading comprehensive planning initiatives through...

HCLTech Research Reveals 99% of Firms Use AI in Payments, Yet 91% of Executives Fear Its Risks

Research finds 99% of organizations are using AI, yet 91% of executives express concern about risks; 60% find AI fraud detectors ineffective   HCLTech, a leading global technology company, announced the findings of its latest payments industry research. The research underscores a pa...

ET Enterprise AI Unveils ‘Making AI Work 2025’ Summit to Accelerate India’s Enterprise AI Transformation

The Economic Times' ET Enterprise AI Announces Flagship Summit 'Making AI Work 2025' to Define India's Enterprise AI Roadmap The Economic Times' vertical ET Enterprise AI is hosting its flagship summit, Making AI Work 2025, on October 30, 2025 at Conrad Hotel, Bengaluru. The one-day conference...

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Mukesh Ambani, Chairman Of Reliance Industries, Announces 110 B$ AI Investment At India AI Impact Summit

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