INTERCONNECT TECHNOLOGY
India ranked an 'AI Rising Contender' by BCG, built on talent rather than compute
India has been identified as a Rising Contender in artificial intelligence by Boston Consulting Group's latest report. The country benefits from a large pool of skilled AI professionals, bolstered by returning talent from abroad. The government has implemented training programs to upskill millions of citizens and broaden access to AI knowledge.
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.
From tyres to footwear: How Brisil is finding new uses for rice husk ash
Rice husk ash is often treated as industrial waste. Vadodara-based Brisil converts it into green silica—a material used in tyres, footwear, paints, toothpaste, and rubber products, offering industries a lower-carbon alternative to silica made from mined sand and quartz.
China’s high-tech ports push raises global trade ambitions, sparks security concerns
China is expanding its global maritime influence through AI-powered automated ports, smart shipping technologies and digital infrastructure. While these innovations promise greater efficiency, Western governments fear growing dependence on Chinese systems could create security vulnerabilities, geopolitical leverage and risks to critical global supply chains and international trade networks
TRAI sets port charge ceilings for IP-based interconnection, effective Jan 2027
TRAI has capped annual charges for telecom IP interconnection ports at ₹5.6 lakh for 1 Gbps and ₹42.3 lakh for 10 Gbps, effective January 1, 2027. The ceilings apply across fixed-line, mobile and long-distance services, with operators free to negotiate lower rates.
56% of global business leaders expect disruptions to severely hit operations: KPMG
A recent KPMG International report indicates that 56 percent of global business leaders anticipate severe disruptions affecting operations. The report highlights increasing risk exposure, with 70 percent of leaders noting escalated risks in recent years.
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Under attack, banks bolster cyber covers, opt for higher sum assured to protect against hits
For large financial institutions, the biggest impact often is the loss arising from systems remaining unavailable after an attack, rather than the immediate cost of the breach. Besides business interruption, ransomware, data theft, cyber extortion and third-party liabilities are among the key risks.
56% of global business leaders expect disruptions to severely hit operations: KPMG
A recent KPMG International report indicates that 56 percent of global business leaders anticipate severe disruptions affecting operations. The report highlights increasing risk exposure, with 70 percent of leaders noting escalated risks in recent years. Technology disruption and geopolitical tensions are identified as primary concerns for the near future. Companies are prioritizing AI and predictive analytics to enhance supply chain resilience and managing risks.
Companies want AI-powered customer service; EY says they need a bigger reset
Adopting artificial intelligence tools alone is insufficient for companies aiming to enhance customer service operations. They need to redesign their operating models and workforce capabilities, as highlighted in an EY report. Assessing existing operations and identifying gaps are crucial first steps in this transformation process. Additionally, integrating AI into existing systems is necessary to drive measurable business outcomes and improve customer experiences.
Paras Semiconductors, BroadPak join hands to build advanced semiconductor packaging capabilities
The collaboration will combine Paras Semiconductors' manufacturing ambitions in opto-electronics, photonics and co-packaged optics with BroadPak's technology expertise in advanced semiconductor packaging, heterogeneous integration and chiplet-based system architectures, it said.
Centre planning to use component scheme to feed chip ecosystem
Investment approvals under ECMS may therefore focus on items like precision-manufacturing equipment such as micro-tools, computer numerical control machines, PCB drills and industrial automation equipment, officials said. The sixth tranche of ECMS investment applications will be announced on Friday.
'Gold’s rally is not just about wars, it’s fundamentally linked to $40 tn US debt': WGC India CEO Sachin Jain
World Gold Council India CEO Sachin Jain said gold’s rally is driven by rising US debt, de-dollarisation and central bank purchases, rather than geopolitics alone. He expects strong Indian demand during Diwali and recommends allocating 10-15% of financial assets to gold. Over the next five years, technology, tokenisation and blockchain could make gold more accessible, transparent and easier to trade.
AI turns cyber threat into boardroom crisis
In India, State Bank of India disclosed that 375,000 customer records had been leaked on the dark web, while vulnerabilities in eMudhra’s digital certificate keys exposed websites to potential attacks.
70% of global business leaders report rising risk exposure amid AI, geopolitical disruptions: KPMG
According to the report, 56% of respondents said external disruptions involving geopolitical, energy, cyber, trade or climate-related factors would cause severe operational disruptions or significantly affect their organisations' costs and performance over the next three to five years.
DuPont raises annual profit forecasts on strong healthcare, aerospace demand
DuPont has raised its full-year profit forecasts and projected fourth-quarter earnings exceed analyst estimates. The company experienced strong demand in healthcare, aerospace, and industrial water markets during the third quarter. DuPont's healthcare and water technologies segment reported nearly 4% growth year-over-year, reaching $865 million in net sales. Additionally, the company recently concluded a $250 million share repurchase program and plans to buy back an additional $250 million of shares.
CJI Kant calls for introspection on need to improve responsiveness of judicial process
Chief Justice of India Surya Kant highlighted the importance of enhancing the responsiveness of the judicial process. He stated that many litigants seek urgent hearings at the Supreme Court instead of waiting for High Courts. Kant advocated for improved listing procedures and transparent processes to facilitate timely justice. He praised the Kerala High Court's historical role in promoting constitutional rights over its seventy-year journey.
Besides the bubble, a big AI risk could be growing in the shadows
Investors are worried about potential financial risks linked to Big Tech's investments in AI infrastructure. The technology sector recently experienced a significant sell-off, indicating growing nervousness among shareholders. S&P Global predicts considerable expenses on data centres for major companies like Amazon and Microsoft through 2030.
Google’s Space AI just wrote a Haiku from orbit; here’s how it did it
Google launched its Project Suncatcher prototype satellite on October 1, 2026, aboard SpaceX's Transporter-18 mission. Following initial checks, the satellite completed early machine learning tests with its onboard Gemma AI model. During a ground-station pass, the satellite generated a haiku about life in space, showcasing its capabilities. Google plans to explore the reliability of this technology under space conditions in future tests.
Power Grid asks cable and wire makers to scale up as transmission capex set to rise
Power Grid Corporation of India aims to exceed last year's capital expenditure of ₹40,000 crore for transmission projects. The chairman emphasized the necessity for manufacturers to enhance production capabilities and product quality. Growth in renewable energy projects is expected to drive high demand for cables and wires across the industry. Additional investments for the Green Energy Corridor-III program will further stimulate the market.
Anthropic's rapid growth comes with an $80 billion loss and growing concerns about AI risks
Anthropic filed for an initial public offering, reflecting rapid revenue growth amid significant financial losses. The company reported a 1,300% revenue increase, reaching $16.3 billion in the first half of 2026. However, it also encountered a net loss exceeding $80 billion due to high costs in AI development. Risks associated with AI technology are increasingly becoming a concern for potential investors.
'War anywhere threatens peace everywhere': EAM Jaishankar calls for global cooperation on UN Day
External Affairs Minister S Jaishankar emphasized that conflicts like those in Ukraine and West Asia impact global peace. He highlighted the interconnected nature of the world due to globalization, which affects societies far removed from the conflicts. He expressed the need for the Global North to acknowledge shared crises faced by the Global South regarding finance, fuel, food, and fertilizers.
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.
IIT Madras to release white paper on AI jobs, global standards and reskilling
IIT Madras will release a white paper on global AI standards, job disruption and reskilling needs, while partnering with The Better India to promote AI awareness across the nation. The Director of IIT Madras has committed to set up large data centres to create a massive awareness about AI.
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.
Musk's mother of all mergers will birth a $3.5 trillion tech monster
Elon Musk is considering merging Tesla and SpaceX, with both companies forming committees to evaluate the proposal. This merger could enhance their collaboration in artificial intelligence and robotics, as both companies have overlapping interests. While Tesla may gain from SpaceX’s rocket-launch capabilities, there are concerns about financial risks and governance issues. Investors are skeptical, particularly regarding the potential burden on Tesla's existing operations.
'Humans are cows of the future': Harsh Goenka shares 'a frightening AI thought' by Yuval Noah Harari
Harsh Goenka has shared a frightening AI warning by celebrated author of Homo Sapeins, Yuval Noah Harari, who has compared humans to cows of the future. He argued that as artificial intelligence gains control over complex financial and legal systems, humans will become like cows who can't control the system.
S&P Global flags potentially hidden AI debt at hyperscalers as AI spending surges
S&P Global warned that hyperscalers could be carrying more AI related debt than currently visible through financing structures linked to data centres and smaller AI firms. Despite rising concerns around AI infrastructure debt, the agency saw no immediate need for rating changes, while flagging profitability and escalating investment as key risks.
Birla AI Labs launches Yug-1 to forecast demand and spot patterns in business data
Yug-1 uses what its technical documentation calls zero-shot probabilistic forecasting. It also provides a range of possible outcomes, allowing users to see the uncertainty around a prediction.
Cyberattacks on critical financial infra could disrupt payments, credit and market confidence, IMF warns
Cyberattacks targeting critical financial institutions and market infrastructure could disrupt essential financial services and undermine market confidence, the International Monetary Fund (IMF) has warned, identifying cyber threats as a growing systemic risk as financial services become increasingly digital and interconnected.
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