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India's ChatGPT boom faces a reality check as free AI use meets rising costs
India has emerged as ChatGPT's largest market, driven by its vast digitally connected population and widespread access to free AI services. However, as AI infrastructure expands and computing and energy costs rise, companies face the challenge of recovering investments. Convincing price-sensitive Indian users to pay for AI remains difficult.
Scientists gave mice an existing asthma drug before exposing them to peanut extract; 95% were protected from severe allergic reactions in the experiment
Researchers at Northwestern University found that the asthma drug Zileuton reduces allergic reactions in mice fed peanut extract. The study indicates that Zileuton could block the inflammation that leads to anaphylaxis. While it works in mice, clinical trials in humans are just beginning. This research highlights a new biological pathway related to food allergies and the immune response.
India’s solar components market to more than double to $7.8 billion by March 2028: CEEW
India's market for solar module components is projected to exceed $7.8 billion by March 2028. This growth is primarily driven by increased domestic manufacturing capacity and rising demand. Planned expansions of production facilities are crucial for meeting anticipated requirements. Additionally, ensuring consistent quality and reliable supply chains will enhance competitiveness against imports. The study emphasizes the importance of clear standards and regulations for the solar components industry.
The business of running a hospital: Balancing profitability, patient trust and scale
A hospital’s financial health depends on more than occupancy and revenue, requiring a careful balance of cost control, cash flow and patient trust.
Who sent $2 bn military equipment to Iran past US blockade? More than 5,000 agencies
Iran has developed a clandestine network involving over 5,000 agencies to import military equipment and evade sanctions. This network functions despite ongoing US naval blockades and sanctions since the war began. Extensive investigations reveal significant transactions and military logistics supporting their activities. The secretive agencies have been linked to the Islamic Revolutionary Guard Corps and elite controlled businesses.
India’s Arrakis problem: The price of what low-skilled workers know
Indian workers contribute valuable data for training AI systems, which is transforming how tasks are automated. As technology advances, low-cost labour is becoming a significant resource for AI development globally. Companies are increasingly relying on Indian workers for video data that demonstrates various physical tasks. This trend poses challenges regarding data ownership and the economic benefits for India.
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Chinese AI model carries out complex cyberattacks in controlled tests, researchers say
Chinese firm Z.AI's flagship AI model carried out complex cyberattacks in controlled simulations and repeatedly ignored instructions in separate tests, according to a report by AI security research firm Irregular.
From eMudhra to PHP: Breach spree hits tech infrastructure, AI emerges as threat multiplier
Recent cybersecurity incidents have raised concerns among companies and government agencies regarding digital certificates and critical software vulnerabilities. A security breach at eMudhra impacted its global digital certificate business but was managed promptly. Additionally, critical vulnerabilities in PHP temporarily led to the shutdown of various websites for security updates. A supply-chain attack compromised the LiteLLM Python package, affecting its users significantly.
We have to change the conversation from media costs to business value: Publicis Media's Lalatendu Das
India's advertising sector is experiencing a transformative phase driven by innovations in artificial intelligence and the rise of the creator economy. Marketers are prioritizing agencies that provide tangible business outcomes over mere media optimization. As a result, there is a transition in advertising budgets from traditional celebrity endorsements to content created by influencers.
Stocks in news: Reliance Industries, Eternal, Alkem Labs, BEL, HPCL, Swiggy and GMDC
Indian markets witnessed a downturn on Wednesday, prompted by significant selling in banking stocks. After showing initial promise, the Nifty 50 index dropped by 77.60 points to close at 22,811.35. Reliance Industries celebrated a reaffirmation from ICRA concerning its non-convertible debenture program, valued at Rs 12,000 crore. Eternal also reported impressive year-on-year growth in Q2 revenue and net profits.
OpenAI looks to help banks modernise legacy software their operations still depend on
OpenAI has enhanced its models to work with legacy programming languages like COBOL and Fortran. The AI assists companies in modernising critical software systems, which often lack documentation. Recent tests showed significant improvements in accuracy for building and translating software across multiple languages.
Formula 1 has a great fanbase in India, it has to come here, says Finnish great Mika Hakkinen
Two-time Formula One world champion Mika Hakkinen believes India deserves a return to the F1 calendar, citing the country's huge fan base and business opportunities. In an exclusive interview with PTI, he also praised Mercedes rookie Kimi Antonelli, Max Verstappen's resurgence with Red Bull and Lewis Hamilton's performances for Ferrari.
'Mixed feelings': AI cracks centuries-old ciphers
Napoleon Bonaparte ordered the wartime missive written in code, creating a puzzle that went unsolved for more than 200 years -- until AI cracked it in a matter of hours. Tomokiyo said that since mid-September, most of the ciphers on his list have been cracked using AI. "There remain some tough problems" which could stay an enigma for years to come, because there is less relevant data available to help AI figure them out, the 58-year-old told AFP. "I'm excited long-time problems are now solved, but on the other hand, I have mixed feelings, because AI seems to have solved these difficult problems so easily," he said.
Indian Navy to get another indigenous multipurpose ship built by L&T: What are its capabilities, role
The Indian Navy will induct INS Samarthak at Karwar on October 16, 2026. Built by L&T, the 107-metre multi-purpose vessel is designed for maritime surveillance, weapons trials, unmanned-system operations, naval training, towing and disaster relief. Equipped with guns, anti-submarine systems and electronic countermeasures, it is the first of two vessels being built under an Rs 887-crore contract.
Jio IPO: 5 strengths that put the Reliance-backed digital giant in spotlight
Reliance Jio Platforms has highlighted five key strengths in its RHP ahead of its Rs 30,213 crore IPO, including strong revenue growth, profitability, a vast customer base, extensive network infrastructure and proprietary technology. The company also sees growth opportunities in fixed broadband, AI-led services, digital subscriptions and overseas technology monetisation.
After US, India is easiest place to list a company, says Blackstone president and COO Jonathan Gray, eyes $100 billion investment in the country
Blackstone's president and chief operating officer Jonathan Gray has stated plans to increase their investment in India to $100 billion. He highlighted positive sentiments surrounding India's economy, which is growing over 7%. Gray acknowledged recent concerns like rising energy costs but emphasized robust economic momentum. The firm is committed to investing in sectors such as infrastructure, financial services, and healthcare.
Scaleway to build AMD-powered AI supercomputer in Sweden
Scaleway is embarking on an ambitious project to build an AI supercomputer in Sweden, which will significantly bolster the European AI infrastructure landscape. The supercomputer will feature AMD Instinct MI355X chips, tailored for advanced AI functionalities. Sweden was chosen for its sustainable energy resources and burgeoning AI industry, and the assembly will be carried out by the French company Bull, showcasing the collaborative efforts in Europe's tech ecosystem.
Trump's bid to curb techies may end up benefiting India
Trump’s tightening of H-1B and PERM rules could hurt Indian IT companies in the short term but may also accelerate the shift of more US technology work to India, former HCLTech CEO Vineet Nayar argues. The bigger opportunity would be for Indian firms to move beyond manpower-heavy outsourcing towards higher-value work in AI, product engineering, cybersecurity and technology ownership.
US Market: Software stocks hit 2026 highs as AI disruption fears ease
US software stocks have reached fresh 2026 highs as stronger earnings expectations and growing adoption of AI ease fears of disruption. Strong results, AI partnerships and rising cybersecurity demand have boosted the sector. Software earnings growth forecasts have improved, while investors increasingly view AI as an enabler, though automation risks remain for future business models.
US stocks: US software shares hit 2026 highs as AI disruption fears ease
US software stocks are witnessing robust growth, fueled by optimistic earnings projections and partnerships in AI. Major players like Salesforce and Accenture have showcased impressive earnings, aiding the sector's revival. Analysts suggest that fears of AI disrupting the software landscape are exaggerated. Nonetheless, challenges persist as technology evolves, potentially affecting traditional business models.
The economics of India's biggest export industry goes topsy-turvy
India’s $315-billion IT industry faces a structural shift as AI boosts productivity but puts pressure on pricing, revenue and entry-level hiring. Clients are demanding more output for less, while spending shifts towards AI, cloud and in-house capabilities.
This brain gene can move through human DNA — and scientists found it inside a virus
Researchers at Cornell University identified the BC200 gene, which originated from a transposon in human DNA. This gene displays unusual mobility, retaining its ability to move within the genome while functioning in brain cells. The presence of BC200 in molluscum contagiosum virus raises questions about its evolutionary history and potential roles in human health.
There could be a pretty big global shock, says Nobel laureate & economist Michael Spence
Michael Spence highlights the economic growth of India and China, noting India's potential growth trajectory. He emphasizes India's advancements in digital infrastructure, particularly in digital financial services like UPI. Spence discusses the significance of AI in economic development and its anticipated impact over the next decade. He warns of potential economic shocks due to rising debt levels and high market valuations.
Ukraine will hit Russian refineries in response to Moscow's 'new doctrine' of airstrikes
Ukraine is set to enhance its attacks on Russian oil refineries in response to recent changes in military tactics. President Volodymyr Zelenskiy emphasized that civilian infrastructure would not be targeted during these operations. Ongoing Ukrainian counteroffensives have recaptured significant territory in the eastern Donbas region.
ET Business Excellence & Leadership Summit 2026: Celebrating visionaries redefining growth & leadership
The ET Business Excellence & Leadership Summit 2026 brought together leaders to discuss brand development, innovation, and sustainability. Panel discussions featured prominent voices discussing resilience and leadership in uncertain times. A felicitation ceremony honored individuals and organizations for their contributions across various sectors. Key insights emphasized the importance of collaboration and strategic thinking in driving future success
Your UPI payment just got a price tag: what it means for GST-registered taxpayers
NPCI, which manages UPI, has brought in a merchant discount rate of 0.4% on certain person-to-merchant UPI payments above Rs 2,000.
Dodging SaaSocalypse: AI’s enterprise moment could belong to IT services
ITC Infotech's merger with Happiest Minds highlights the trend of mid-market consolidation in response to AI advancements. The global IT market faces challenges, requiring companies to adopt AI-centric capabilities for survival. Enterprises are burdened with legacy systems, which present both challenges and opportunities for funding technological transformations. Companies will need to adapt to the evolving landscape by integrating AI into existing frameworks effectively.
Lessons from Chinese AI Firms on Owning Customers’ Habits
As U.S. AI firms compete in an escalating race for superior models, bigger benchmarks, and more advanced features, Chinese companies are pursuing a fundamentally different strategy: embedding AI into users’ everyday habits. The authors argue that this “habit moat” approach may prove more durable than competing on raw capability alone. Whereas Western firms position AI as a destination consumers consciously visit, companies like Alibaba integrate AI into existing routines such as shopping, payments, food delivery, and travel booking, reducing friction until using AI becomes automatic behavior. Once AI capabilities become “good enough,” marginal technical improvements matter less than becoming the default path through recurring customer tasks. The authors outline four strategic imperatives for Western leaders: focus on behavioral cues rather than feature gaps, subsidize customer behavior instead of subscriptions, embed AI invisibly into existing workflows, and optimize for repeat usage rather than first-time adoption. The central warning is stark: AI may not replace employees first—it may instead capture the critical customer moments businesses currently own.
Oxysure Home 5L targets growing demand for home oxygen therapy in India
24x7 purity visibility, continuous flow and integrated alerts highlight the growing focus on monitoring and safety in home-based respiratory care.
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