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Swiggy has shut down the “Snacc” App, and the 10-minute food delivery model has turned out to be loss-making!
A big update has come from India’s food delivery market.
Govt Invests in Indigenous AI Models to Tackle Bias, Says MeitY Secretary
The Indian government has invested in the development of indigenous and sovereign artificial intelligence (AI) models to address key concerns around algorithmic bias and ensure that AI systems are grounded in Indian data and linguistic diversity, a senior official from the Ministry of Electronics an...
Adani Enterprises Plans Massive $100 Billion Investment by 2035 for Renewable-Powered AI-Ready Data Centres
Adani Enterprises Ltd has unveiled an ambitious expansion plan that could reshape India’s technological and energy landscape. The company announced on Tuesday that it intends to invest approximately $100 billion by 2035 to build a network of renewable energy-powered, AI-ready data centres across the...
IT Stocks Rebound After AI-Fuelled Selloff; TCS, Wipro, HCL Tech Show Recovery Amid Mixed Outlook
Indian information technology stocks bounced back after a brutal selloff that wiped out significant market value in recent sessions, triggered by fears of artificial intelligence disruption.
Stock Market Live: GIFT Nifty Signals Positive Start; US & Asian Markets Mixed Ahead of Indian Trade
Indian equity markets showed resilience on Monday as benchmark indices traded higher in early sessions, shrugging off mixed cues from global markets.
India AI Impact Summit 2026 Kicks Off in New Delhi; PM Modi Leads Global Gathering on AI Innovation
The India AI Impact Summit 2026 officially began on Monday at the Bharat Mandapam, drawing global attention as world leaders, technology chiefs, startups and policymakers gather to deliberate on the future of artificial intelligence.
SEBI Proposes Overhaul of Base Price and Price Bands for ETFs to Improve Market Alignment
India’s market regulator, the Securities and Exchange Board of India (SEBI), has unveiled a proposal to review and revamp the pricing framework for exchange-traded funds (ETFs), aiming to address valuation mismatches and better align ETF prices with the value of their underlying assets.
Indian Railways on a Green Track, Eyes 3 GW Renewable Energy Push Worth ₹18,000 Crore
Indian Railways is accelerating its green transition, with plans to add nearly 3 gigawatts (GW) of renewable energy capacity through investments estimated at around ₹18,000 crore, according to recent developments.
India’s Reliance Wins U.S. Licence to Buy Venezuelan Oil, Opening Door for Direct Crude Purchases
India’s largest private refiner, Reliance Industries Ltd, has received a general licence from the United States that will allow it to buy Venezuelan crude oil directly, according to sources familiar with the matter.
6 Lakh Crore Wipeout in 8 Days: Is AI Reshaping India’s $250 Billion IT Industry?
India’s information technology sector has witnessed a staggering ₹6 lakh crore erosion in market capitalisation within just eight trading sessions, sparking intense debate across Dalal Street and global investor circles.
Rupee Strengthens by 17 Paise to Close at ₹90.61 Against U.S. Dollar on Foreign Fund Inflows
The Indian rupee appreciated 17 paise on Thursday to settle at ₹90.61 against the U.S. dollar (provisional), marking a notable gain in the foreign exchange market.
IRCTC Q3 Profit Rises 15% YoY to ₹395 Crore, Board Declares ₹3.50/share Dividend
Indian Railway Catering and Tourism Corporation (IRCTC) reported its Q3 results for the financial year 2025-26, showing a 15% year-on-year increase in consolidated net profit to ₹395 crore, according to an exchange filing on Thursday.
Hindalco Q3 Profit Drops 45% YoY to ₹2,049 Crore Despite 14% Rise in Revenue
Hindalco Industries reported a sharp 45% year-on-year decline in consolidated net profit for the third quarter, with profit falling to ₹2,049 crore. The drop came despite a 14% increase in revenue, highlighting margin pressures during the period.
Trump Took His Finger Off India’s Sensitive ‘Pulse’: What It Means
In a notable shift in U.S.–India trade diplomacy, the White House has revised its fact sheet on the interim trade agreement with India — removing references to pulses and softening language around India’s trade commitments. The changes reflect deeper diplomatic sensitivities and evolving negotiation...
All Key Sensitive Sectors Safeguarded Under India-U.S. Interim Trade Pact: Commerce Secretary
The Commerce Secretary has stated that all key sensitive sectors have been adequately protected under the proposed India-U.S. interim trade pact, underscoring that India’s strategic and economic interests remain fully safeguarded.
RBI Clarifies Agri Loan Classification Issues Are Bank-Specific, Rules Out Systemic Risk
The Reserve Bank of India (RBI) has clarified that recent concerns around agricultural loan classification are limited to specific banks and do not pose any system-level risk to the broader banking sector.
French President Emmanuel Macron to Visit India for India AI Impact Summit from Feb 17–19
French President Emmanuel Macron is scheduled to visit India from February 17 to 19 to participate in the India AI Impact Summit, an event aimed at fostering innovation and collaboration in the field of artificial intelligence. The visit marks a significant step in strengthening the strategic and te...
India seizes three tankers in first action against dark fleet
India’s Coast Guard has seized three tankers near the waters off Mumbai in a coordinated crackdown on a global oil‑smuggling network involving so‑called dark fleet vessels.