The World Bank says India’s use of AI for monsoon forecasting, farming and healthcare shows how developing countries can adapt existing technology to solve practical problems at scale. India’s advances in artificial intelligence are offering lessons well beyond its borders,…
The state government has signed agreements with two invoice-financing platforms and issued guidance to public bodies as regulatory pressure grows on large buyers to pay smaller suppliers promptly. Rajasthan’s Department of Industries and Commerce has signed agreements with M1xchange and…
Retailers and payments firms are urging India to delay a proposed 0.40% UPI merchant fee on eligible transactions above ₹2,000, with the launch potentially moving from October to January 2027. Retail bodies and payments firms are pressing for a delay…
Tata Consultancy Services increased its workforce to nearly 598,000 in the second quarter of FY27 as voluntary attrition slowed and annualised AI-led revenue reached $3.1bn. Tata Consultancy Services reported a slightly higher workforce and a slower pace of employee turnover…
India’s GST Council has approved a major enforcement reset, removing tax officers’ power to arrest alleged offenders, raising the prosecution threshold fivefold and cutting the general penalty to Rs 10,000. India’s GST Council has moved to sharply curb the enforcement…
With treatment costs rising faster than many household budgets, policyholders may need to future-proof their cover, review exclusions and consider features such as restoration benefits. Healthcare costs rarely stand still, and that is one reason health insurance should be chosen…
The council has approved a broad enforcement reset, including a ₹10,000 floor for show-cause notices, faster refunds and a standardised process aimed at reducing disputes. India’s GST Council has approved a sweeping set of procedural changes designed to make the…
Proposed GST changes could release most eligible refunds after risk-based scrutiny and clarify export treatment for cross-border services, improving cash flow for logistics and other exporters. India’s Goods and Services Tax Council is weighing a set of changes that could…
LandingAI says its Agentic Document Extraction system can link financial data to the exact source page and region, giving banks and fintechs an auditable trail for KYC, lending and regulatory workflows. LandingAI is pitching its Agentic Document Extraction system as…
Employment in India’s organised manufacturing sector rose 7.19% to 21 million in 2024-25, as factories, capital spending and worker pay all increased. India’s organised manufacturing sector added more than 1.4 million jobs in 2024-25, lifting total employment in registered factories…
