Financial fraud is evolving faster than ever — and traditional defence systems are struggling to keep up. Once reliant on rigid, rule-based checks, banks are now embracing artificial intelligence (AI) to detect fraud in real time, at scale, and with unprecedented accuracy. India’s HDFC B...
How IIITH Is Using AI To Accelerate Drug Discovery
The International Institute of Information Technology Hyderabad is known for its research driven culture with a focus on AI and ML. But while you think AI and ML is all about computer vision, robotics, and IoT, here’s a ...
Amazon Web Services (AWS) announced its plan to invest $8.3 billion into cloud infrastructure in the AWS Asia-Pacific (Mumbai) Region in Maharashtra, to further expand cloud computing capacity in India. This investment is estimated to contribute $15.3 billion to India’s gross domestic product ...
Microsoft chairman and CEO Satya Nadella announced cloud and AI led strategic partnerships with the Government of India and industry leaders from across key sectors of the Indian economy. This comes a day after Microsoft announced its plans to invest US $3 billion in cloud and AI infrastru...
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...
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...
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 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....
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...
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 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 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,...
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...
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 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...
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, 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 (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 ...
