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Last Updated:July 04, 2026, 4:17 PM IST Sitharaman says India’s expanding middle class will remain its growth engine, with rising consumption, financial inclusion and AI-led opportunities shaping the next decade. Union Finance Minister Nirmala Sitharaman. (File Photo) India’s growing middle class will play a defining role in the country’s economic expansion over the next decade,…
British American Tobacco, one of the world’s largest tobacco companies based in London, is going to cut about one fifth of its total 47,000 employees this year, or about 20%. The company has announced that it will eliminate 5,500 jobs and outsource another 3,500 positions by the end of this year to reduce costs and…
New Delhi: India’s enterprise AI landscape has reached an inflexion point as nearly half of Indian enterprises (47 per cent) now have multiple Generative AI (GenAI) use cases live while 23 per cent are in pilot stage – marking a decisive shift from pilots to performance, a report said on Sunday. Indian enterprises are demonstrating…
The Indian Ministry of Electronics and Information Technology (MeitY), under the IndiaAI Mission, introduced the India AI Governance Guidelines on Wednesday. The guidelines encompass a comprehensive framework to ensure safe, inclusive, and responsible AI adoption across sectors. This step is considered a major milestone on the way to the India-AI Impact Summit 2026, as India…
Microsoft is scaling up its infrastructure in response to soaring demand for artificial intelligence and cloud services. During a recent earnings call, CEO Satya Nadella told investors that the company plans to double its data centre footprint over the next two years. This move signals Microsoft’s commitment to remaining at the forefront of AI, with…
New Delhi: India’s approach to adopting AI in financial services aligns with the broader goal of leveraging technology for inclusive economic development, and the country’s unique digital public infrastructure lays a foundation for AI integration, aiming to democratise financial access at an unprecedented scale, according to the Finance Ministry’s monthly review released on Friday. The…
Last Updated:August 21, 2025, 07:42 is Indian leaders are rapidly adopting AI, with 93% planning to use AI agents within 18 months, per Microsoft’s 2025 Work Trend Index. News18 The age of AI has begun, and Indian leaders are aggressive in embedding the breakthrough technology in their organizations, according to Microsoft’s 2025 Work Trend Index…