AFFORDABLE COMPUTING FOR INDIA
Bigger cheques, fewer winners in India’s AI boom
Indian AI startups raised $1.6 billion in funding during the first nine months of 2026. While AI infrastructure attracted significant investments, application startups faced declining funding and challenges in securing customers. Large transactions constituted most of the total funding, highlighting a disparity in investment distribution.
Ode to a compassionate algorithm: Philanthropists are backing AI for public good
From Flipkart’s Binny Bansal to Chrys Capital’s Ashish Dhawan and Karishma Sanghvi of Sun Pharma, a growing number of entrepreneurs are writing cheques for AI that can diagnose diseases, empower teachers, modernise courts and strengthen public services, betting that the technology can create social returns as significant as commercial ones.
From UP to US politics: Who is Saba Haider, Ghaziabad woman who studied at Holy Child School and AMU, got elected to Illinois House
Ghaziabad woman wins elections in US: Saba Haider, a former Holy Child School student from Ghaziabad and Alighrh Muslim University (AMU) gold medallist, has won the Illinois House election in the US. Married to Bulandshahr-born Ali Kazmi, she moved to America in 2007 and transitioned from a yoga instructor to a politician.
Ghaziabad to Chicago: How a UP yoga instructor and AMU gold medallist won an Illinois House seat in US elections
Saba Haider, a yoga instructor from Ghaziabad and gold medallist in wildlife sciences from Aligarh Muslim University, has won an Illinois House seat in the US. From teaching yoga in Chicago to entering electoral politics, her journey has taken her from Uttar Pradesh to American public life.
SBI-led banking alliance comes together to mount a defence to AI threats
Indian Banks' Association, led by State Bank of India, is developing a strategy for cybersecurity in the AI era. The initiative focuses on improving coordination among banks and facilitating timely information sharing. Increasing digitalization has expanded the potential for cyberattacks, urging immediate measures to mitigate risks.
‘The risk is getting ever more real’: Zoho’s Sridhar Vembu issues a chilling warning about AI and jobs
Zoho founder Sridhar Vembu has warned that AI could allow one skilled person to do the work of 10, triggering a painful economic shift. While he does not predict mass unemployment, his remarks sparked debate online, with users discussing universal high income, India's AI infrastructure, growing small businesses and the need to embrace technological change.
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From Dhirubhai Ambani’s Rs 10 crore IPO to Akash Ambani’s Rs 12.5 lakh crore Jio debut: Reliance’s biggest wealth story
Jio Platforms’ Rs 12.5 lakh crore debut marks a new milestone in the Ambani family’s wealth creation journey, tracing Reliance’s evolution from its Rs 10 crore IPO in 1977 to a digital technology giant.
Akash Ambani announces Jio’s next big mission after data: Bring AI, cloud and space connectivity to every Indian
Jio Platforms made a strong stock market debut, listing at a 21.3% premium after its Rs 30,200 crore IPO was fully subscribed within 95 minutes. Managing Director Akash Ambani outlined Jio’s next phase of growth, focusing on democratising artificial intelligence, cloud computing, space connectivity and emerging digital technologies to transform lives across India.
inDrive taps Pony.ai and Nvidia to test robotaxis in one of the world's coldest capitals
The ride-hailing company will explore driverless rides in Kazakhstan without building its own self-driving technology, as platforms increasingly leave the technology to partners and focus on connecting riders with cars.
eMudhra’s security lapse highlights need for homegrown technology to meet global standards
eMudhra's private-key leak reveals serious vulnerabilities within India's digital trust architecture and certification processes. The incident exposes weaknesses in the handling of cryptographic keys and compliance audits, raising trust issues. Many Indian citizens use outdated devices that may not receive necessary security updates for compromised certificates. As digital infrastructure evolves, the country must ensure stronger competitive practices and resilience against future threats.
Polish PM Tusk seeks deeper tech, AI and space ties with India
During a recent meeting, Polish Prime Minister Donald Tusk called for strengthened collaboration with India, zeroing in on advancements in AI and space technology. He pointed out potential synergies in manufacturing automation and data analysis. Karnataka's Chief Minister DK Shivakumar invited Polish participation in the 2027 Global Investors Meet, stressing the importance of joint ventures in renewable energy and advanced manufacturing, given Bengaluru's pivotal role in tech innovation.
Sentiment muted, but India story is unchanged: McKinsey's Kumra
India's investment appeal is currently being tested as global capital flows shift towards other regions. While private capital investors see potential, sustaining growth requires policy improvements and stronger emerging industry engagement. India's growth forecast for 2026-27 has been increased, indicating positive long-term expectations. The country must address structural disadvantages to enhance its competitiveness on the global stage.
Why sovereign AI is critical to India’s next growth leap?
India has already created considerable momentum. The priority now is to connect government initiatives, industry investments, academic research and startup innovation into a coherent ecosystem.
High-voltage reality: ‘Data hubs need stable grids more than sops’
As states roll out the red carpet to attract private investments in artificial intelligence (AI) and cloud infrastructure, delivering uninterrupted power to project sites from day one would be crucial for their success, they said.
Semiconductor ecosystem: Made in India and designed for India
India’s competitive advantage will not come from manufacturing at China’s scale or cost. It lies in building customised devices for specific users and applications.
India's cooling problem is becoming an electricity-cost problem, and the AC industry is trying to solve it
India’s rising temperatures and growing AC adoption: The country's AC market is predicted to grow significantly in the coming years due to rising temperatures and urbanization. A recent survey indicates that air conditioners are an essential part of household electricity consumption. Many consumers are prioritizing energy efficiency when purchasing air conditioning units to reduce their electricity bills. Companies are responding by introducing advanced technology and enhancing energy-saving features in their products.
From shareholders to partners: How Google and Meta’s Jio investments evolved into an AI alliance
Meta and Google, originally minority shareholders in Jio Platforms, are now forming strategic partnerships with Reliance. The new collaborations focus on enterprise AI initiatives and dedicated cloud infrastructure in India. Meta's joint venture will leverage Llama models for developing AI platforms, while Google focuses on establishing cloud services. Both companies aim to enhance Reliance's capabilities in AI and cloud technology sectors.
India, Canada sign commercial deals as both aim to seal trade pact by 2026
India and Canada have signed commercial agreements aimed at strengthening trade relations and enhancing economic cooperation. Minister of International Trade Maninder Sidhu emphasized collaboration opportunities in various sectors like artificial intelligence and digital innovation. The proposed Comprehensive Economic Partnership Agreement seeks to be concluded by the end of 2026. Current bilateral trade is projected to increase significantly following these agreements.
'India's dynamic market': Canada Trade Minister Sidhu highlights opportunities for Canadian firms
Canadian International Trade Minister Maninder Sidhu has highlighted opportunities for Canadian companies in India's "dynamic market", identifying artificial intelligence, quantum computing, aviation infrastructure, digital innovation, sustainability and smart mobility as key areas for bilateral cooperation.
Voice-first India is reshaping OpenAI’s priorities: Applications CTO
Indian users frequently switch between English and Hindi during the same conversation, a behaviour OpenAI wants its models to understand and respond to naturally, Vijaye Raji said. The company is also looking at how products can work better in an Android-first market and in situations where connectivity may be intermittent.
Jio IPO: Akash Ambani says Rs 30,213 crore issue will push company towards net debt-free status
Jio Platforms plans to use IPO proceeds of up to Rs 27,500 crore to repay borrowings and move towards net debt-free status. Akash Ambani also highlighted opportunities in India's projected $1.4 trillion digital economy by FY31.
India can catch up in AI by focusing on applications
India faces significant threats in the global AI landscape as investments surge globally. While it has missed some initial chances, the nation has the potential to harness its talented workforce and established ITeS sector. The rise in private investment reflects an increasing enthusiasm and job opportunities in AI. To avoid being seen merely as a commodity, companies must innovate.
More expensive gas, semiconductors likely pushed up inflation in US last month
Inflation in the United States is projected to increase to 3.6% in September from the previous month. This rise is attributed to factors such as continuous supply issues caused by the Iran war. The Federal Reserve is monitoring inflation data closely and may adjust interest rates accordingly. Several companies, including PepsiCo, have announced price increases to address rising costs.
'America punishes you for being sick': Foreigner explains why he is moving back to India from US in a viral video
An American has gone viral after explaining why he plans to move back to India from the US, citing high healthcare costs. He compared a $500 hospital bill in India with a $23,000 bill in America, claiming he had to pay $7,000 out of pocket despite having health insurance.
Want an early signal on the economy and stocks this festive season? Watch 19 stocks, and what their managements say in the next 20 days
There is a set of companies that sees the shape of the economy before economists do. They know when a household decides to spend or hold back; to buy better things or cheaper ones. This festive season, what these companies sell, and what they say about it afterwards, will tell you more about where consumption is headed than any official number. Watch them closely. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components – earnings, fundamentals, relative valuation, risk, and price momentum – to generate standardised scores. SR+ Reports is a complimentary offering to ETPrime members.
Wallet war: More new things are fighting for every rupee Indians earn
Indian Consumer Spending Trends: Indian households are increasingly shifting their consumption patterns, which reflects a richer variety of spending options. This changing consumer behavior shows significant growth in non-food expenditures over the years. The introduction of quick commerce has further diversified available products, making various goods more accessible. Both urban and rural consumers are seeking premium products alongside traditional staples.
IISc’s ARTPARK InterSafe gets nod for AI and 5G pilot on Bengaluru-Hassan highway
InterSafe aims to detect collision risks where smaller roads meet the highway and send warnings to road users through the mobile network.
AI ROI a long-term game for telcos; skipping adoption not an option: IMC CEO Ramakrishna P
Ramakrishna P told ET AI at the IMC 2026 that since telecom operators are providing a wider range of services for businesses, they might soon become more of a tech company.
"These are facts Elon": Zoho cofounder Sridhar Vembu takes on Musk's claim of Starlink facing license hurdles
Sridhar Vembu responded to Elon Musk's claims regarding regulatory obstacles for Starlink in India. Vembu highlighted India's competitive economy and low data prices benefiting consumers. He emphasized that the Indian government does not tolerate monopolies in the industry. Union Communications Minister Jyotiraditya Scindia confirmed that multiple companies, including Starlink, are seeking licenses. Security assessments are ongoing for all license applicants before commercial operations can begin.
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