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The Latest Breaking News from India

Uber still ahead despite stiffening competition, playing to win: CEO Dara Khosrowshahi

Uber CEO Dara Khosrowshahi asserts the company's dominance, highlighting expansion into allied businesses and India's projected rise as its largest market. He also expressed openness to revisiting food delivery and potentially partnering with Travis Kalanick on autonomous vehicles, while emphasizing India's growing role in AI infrastructure development.

The Economic Times

FDE emerges hottest role in AI market, commands big pay premium

The forward deployed engineer (FDE) has emerged as the hottest job in AI, with companies like OpenAI and Google offering substantial compensation. These consultants are crucial for deploying AI agents and identifying high-impact use cases within organizations.

The Economic Times

Micron urges Indian firms to plan ahead as AI memory crunch set to deepen through 2028

A top Micron executive warns the global semiconductor memory shortage, fueled by the AI boom, is severe and could extend beyond 2028. Indian firms risk being unprepared due to price sensitivity and a reluctance to commit to long-term procurement contracts, despite the nation's push for sovereign AI infrastructure.

The Economic Times

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India missed out on AI and now its run as market darling may be over

India faces a significant setback as artificial intelligence reshapes global investments. The nation's stock market is nearing a fall from the world's top five. Unlike Taiwan and South Korea, India lacks AI-driven rallies. Global investors are now prioritizing chip manufacturing, computing infrastructure, and AI models. This shift leaves India behind…

The Economic Times

Von der Leyen lauds 'dynamic new era' in EU-India relations as Modi visits Sweden

During the second leg of Indian Prime Minister Narendra Modi's European tour, he visited Sweden's Gothenburg to meet his Swedish counterpart Ulf Kristersson, European Commission Chief Ursula von der Leyen, as well as European and Indian business leaders.

Euronews

Get your G-Minus-2 on: China sets global power dynamics

China is leading global power dynamics with the US. India faces economic strain and a shifting geopolitical landscape. The nation's 'G-Minus-2' strategy is now a reality. China's new policies threaten supply chain diversification. India's economic vulnerability is evident. The Quad meeting in New Delhi will focus on China.

The Economic Times

Bullet train project: First tunnel boring machine cutterhead lowered at Mumbai's Vikhroli

The first Tunnel Boring Machine cutterhead has been lowered in Vikhroli for the Mumbai-Ahmedabad bullet train project. This marks a significant step in constructing a 16-kilometer tunnel section. The project includes India's first undersea rail tunnel. These machines are the largest used for rail tunnel construction in the country. The…

The Economic Times

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PM Modi's Norway visit seen boosting India-Nordic business, startup ties: Industry voices

Ahead of Prime Minister Narendra Modi's upcoming visit to Norway, business leaders and startup representatives said the visit is expected to strengthen India-Norway economic cooperation, with a focus on sustainability, green technology, startups and skilled talent collaboration.

The Economic Times

Ordinance issued to increase number of Supreme Court judges from 34 to 38

The government has increased the Supreme Court's judge strength. An ordinance now allows for 38 judges, up from 34. This includes the Chief Justice of India. The law ministry notified the change on Saturday. Parliament will consider a bill to make this a permanent law. The Supreme Court currently has…

The Economic Times

Backyard snake now a noose? Back-to-back attacks tarnish Pak army’s reputation

Media attention on Pakistan owing to its hosting of the US-Iran peace talks notwithstanding, a report said that the country’s military is “shockingly losing to militants it once nurtured,” after India's western neighbour topped the Global Terrorism Index 2026.

The Times of India

US nuclear industry delegation visiting India to explore opportunities

A US delegation is in India to explore nuclear energy cooperation. India has opened its nuclear sector to private companies. This presents a major opportunity for US firms. Both countries are also looking at fusion technologies and small modular reactors. India aims to significantly increase its nuclear power capacity by…

The Economic Times

BJP-led NDA governs 80 per cent of India, Congress wiped out in Gujarat local polls: Amit Shah

Union Home Minister Amit Shah celebrated BJP's victories in West Bengal and Gujarat local body polls. He stated the BJP and its allies now govern 80 percent of India's territory. Shah criticized the Congress and AAP for their poor performance. He praised BJP workers for their service during COVID-19, attributing…

The Economic Times

ASML to equip India’s first commercial chip fab — $11 billion Dholera project targets 50,000 wafers a month

ASML and Tata Electronics have signed a memorandum of understanding to deploy ASML's equipment at India's first fab.

Tom’s Hardware

PM Modi lands in Sweden, set to meet Kristersson & EU chief Ursula von der Leyen

Prime Minister Narendra Modi arrived in Sweden for discussions on trade, technology, and defense, marking the third leg of his international tour. He will meet with Swedish Prime Minister Ulf Kristersson and European Commission President Ursula von der Leyen to strengthen bilateral ties and explore new investment opportunities.

The Economic Times

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The Economic Times

"A dream come true": Indian diaspora rolls out grand welcome for PM Modi in Gothenburg ahead of Sweden visit

Prime Minister Narendra Modi has arrived in Gothenburg, Sweden. He is on a two-day official visit. The visit aims to strengthen bilateral relations. Discussions will focus on commerce, investment, and technological innovation. Leaders will explore new cooperation avenues. This visit marks a significant diplomatic milestone for India and Sweden.

The Economic Times

Sri Lanka's move to lease strategic airport near China-controlled Hambantota port sparks Indian interest

India is keenly watching Sri Lanka's move to offer control of Mattala Rajapaksa International Airport to foreign investors. This presents a significant opportunity for Indian companies to establish a strategic presence in the Indian Ocean. The airport, near the China-controlled Hambantota port, is being offered under a build-operate-transfer model.

The Independent UK

Behind the ‘LinkedInferno’: How tech workers are navigating Silicon Valley layoffs

Tech workers are reeling as AI and mass layoffs upend their formerly dependable and lucrative career path, Josh Marcus reports

The Economic Times

Prudential to acquire 75% stake in Bharti’s insurance business for Rs 3,500 crore

Prudential plc is set to acquire a 75% stake in Bharti Life Insurance Company Limited from Bharti Life Ventures Pvt Ltd. This strategic partnership aims to expand access to life and health protection solutions across India, leveraging the combined strengths of both organizations. The deal signifies a significant development in…

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The Economic Times

Fintech firm Paramotor Digital files confidential IPO papers with SEBI

Paramotor Digital Technology has confidentially filed draft IPO papers with SEBI via the pre-filing route. Founded in 2016, the fintech and enterprise tech firm operates SpendPro, RewardOn, yayyy.shop and DevStack. The move signals growing IPO momentum among Indian tech companies amid improving investor sentiment and renewed capital market activity.

The Economic Times

Defence and surveillance: ICEYE to launch satellite production in India

Global space intelligence leader ICEYE will open its first Indian production facility within a year. This hub will manufacture small satellites for defense and monitoring, serving the Asia-Pacific region. ICEYE aims to produce 10 satellites in the first year, scaling up significantly. The company sees strong alignment with India's growing…

The Economic Times

Alcohol-in-beverage: Karnataka leads India’s next liquor tax experiment

Karnataka becomes India's first state to adopt an Alcohol-in-Beverage excise duty structure. This new policy, effective May 11, deregulates government-administered price fixation. Producers now set prices based on market factors and alcohol content within eight rationalized slabs. The aim is to offer consumers cheaper liquor and maintain competitive prices with…

The Economic Times

‘Log ab thali nahi bajayenge’: Entrepreneur says austerity measures won’t work in long run, warns rupee may crash to Rs 150 against dollar

Jayant Mundhra, founder of Biz News+, warns India's rupee could fall to Rs 150 against the US dollar due to heavy import reliance. He argues the nation is becoming a consumer economy, spending billions on foreign technology and products instead of fostering domestic manufacturing and innovation.

The Economic Times

West Bengal committed to handover land to BSF within 45 days for border fencing: Minister

West Bengal minister Ashok Kirtania assured land handover to BSF within 45 days for border fencing. While progress is satisfactory in North 24 Parganas, resistance in Basirhat's fencing areas requires resolution within a week. The state government aims to complete the fencing of the India-Bangladesh border, with approximately 569 km…

The Economic Times

India’s 'China-plus-one' push needs tax ease and fast-track FTAs with developed nations: Arvind Virmani

India must reform its tax system and streamline clearances to attract global investments moving away from China. Economist Arvind Virmani emphasizes prioritizing Free Trade Agreements with developed nations. This strategy aims to integrate India into global value chains. The focus is on leveraging India's growing workforce and market potential alongside…

The Economic Times

India's gems, jewellery exports down 9.07 pc in April at $2,226.45 million

India's gems and jewellery exports saw a 9.07% decline in April, totaling USD 2,226.45 million. This downturn is attributed to the West Asia conflict and uncertainties regarding US tariffs. Key segments like cut and polished diamonds, lab-grown diamonds, and gold jewellery experienced significant drops, though silver jewellery exports surged.

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