India is set to strengthen its scrutiny of AI-powered customer support systems, considering penalties for companies whose automated chatbots hinder complaint resolution, as regulators shift focus from technical to consumer rights issues. India is preparing to tighten scrutiny of AI-powered…
Aeravti Ventures, having raised a below-target ₹100 crore fund, emphasizes selective investing in deep-tech, climate-tech, and agri-tech sectors, signalling a strategic shift towards high-conviction portfolios and longer-term value creation among India’s early-stage startups. Aeravti Ventures has closed its maiden fund…
As India and Türkiye ramp up their domestic manufacturing schemes, experts emphasise the need for cross-border collaboration over competition to build resilient supply chains and mutual technological growth. India and Türkiye are trying to climb the same industrial ladder at…
Speciality Restaurants is narrowing its ambitions, shifting focus to Oriental, Italian, and burger concepts while planning to open up to 50 new outlets over the next five years, supported by a debt-free financial position and recent leadership changes. Speciality Restaurants…
The latest UK-India trade pact aims to enhance air cargo demand gradually, prioritising sectors like pharmaceuticals and electronics through tariff reductions and streamlined customs processes, with long-term growth expected to strengthen connectivity between the two nations. The UK-India trade agreement…
Washington’s intensified measures against tariff evasion threaten Indian exporters and could reshape Asian supply networks amid new enforcement tactics and compliance hurdles. Washington has escalated its campaign against tariff evasion, accusing India and more than 40 other economies of being…
Prime Minister Narendra Modi has announced an ambitious plan to train 10 million Indian youth in artificial intelligence within a year, reinforcing the country’s push for technological independence and a sustainable energy future amid broader economic goals for 2047. Narendra…
India has shifted its Advanced Medium Combat Aircraft development to a private-sector consortium, signalling a move towards faster production and international export ambitions amid stiff global competition. India’s Advanced Medium Combat Aircraft programme has entered a new phase, with New…
Kashmir’s business leaders are advocating for broader economic growth through investment, infrastructure, and market access, aiming to diversify beyond traditional sectors and foster new enterprises, according to Tariq Ghani of the Chamber of Commerce and Industry Kashmir. Kashmir’s business leaders…
Colombian economists warn that July’s easing in inflation could be temporary, as higher labour costs, domestic demand, and climate-related factors threaten to push prices higher again in the coming months, with full recovery expected only in 2027. Economists in Colombia…
Rakesh Mohan analyses the roots and impact of India’s 1991 economic reforms, highlighting their crisis-driven origins, achievements, and remaining challenges in building a competitive industrial economy. India’s old licence-permit system was not created simply out of ideology, Rakesh Mohan argues,…
Indian banks are fast-tracking their overseas dollar deposit collections following the Reserve Bank of India’s abrupt closure of the FCNR(B) swap scheme, transforming a planned prolonged effort into a frantic two-week scramble for foreign currency inflows. India’s banks are accelerating…
