NEW DELHI: India will need to prioritise building its own foundational artificial intelligence (AI) models and strengthen data sovereignty safeguards to reduce dependence on foreign technologies, experts said. During a panel discussion at the Business Standard Manthan Summit moderated by Aashish Aryan on Wednesday, Sandeep Shukla, director of the...
NEW DELHI: Research and development (R&D)-linked incentives remain a crucial gap in India’s push towards high-end manufacturing, Kollareddy Ramachandra, chief executive officer (CEO) of Midwest, said on Wednesday at Business Standard annual event Manthan 2026 here. The impetus for R&D in high-end manufacturing must primarily come from the central...
NEW DELHI: Several infrastructure projects worth above Rs 150 crore each registered a cumulative cost overrun of Rs 5.52 lakh crore, according to a monthly government report for January 2026. The latest ‘Flash Report on Central Sector Infrastructure Projects’ showed that the revised cost of all 1,702 projects, each...
MUMBAI: Securities and Exchange Board of India (Sebi) Chairman Tuhin Kanta Pandey on Wednesday said India is positioning its capital markets as a stable and credible destination for long-term institutional capital, even as global investors navigate a more volatile and geopolitically fragmented environment. Addressing institutional investors at the Kotak...
NEW DELHI: In the new gross domestic product (GDP) series with 2022-23 as the base year, the Ministry of Statistics and Programme Implementation (MoSPI) will enhance the use of goods and services tax (GST) data to improve the accuracy of national and state-level economic estimates. While the previous 2011-12...
By K Raveendran The political sparring between Narendra Modi and Rahul Gandhi has entered a sharper and more consequential phase, with the balance of advantage appearing to tilt towards the Leader of the Opposition after an unexpected judicial intervention in the United States cast doubt on the durability of...
By Dr. Gyan Pathak The ruling political party BJP and their supporters have been busy for the last five days branding an act of becoming ‘shirtless’ as a protest against PM Narendra Modi at the India AI Impact Summit 2026 on February 20 at Bharat Mandapam New Delhi, as...
By Anjan Roy The Russian war in Ukraine has completed four years this week with the peace talks still showing no signs of an agreement. Meanwhile, the Russian economy has entered what is known, in the language of high-altitude mountaineering, as the “death zone”, while Ukraine is struggling to...
By R. Suryamurthy The renewed escalation between the United States and Iran has once again exposed a persistent weakness in India’s macroeconomic strategy: despite two decades of repeated oil shocks, New Delhi continues to treat West Asian instability as an episodic risk rather than a structural constraint on growth,...
By Arun Srivastava Reminiscent of L K Advani’s rathyatra of 25 September 1990, seeking to capitalise on the massive protests across north India against the reservation bill, the national BJP leaders will take out a massive rath yatra on March 1, christened as “Parivartan” rathyatra across West Bengal with...
By T N Ashok There is something painfully symbolic about a state-of-the-art multiplex in Hyderabad — Dolby Atmos ceiling, IMAX screen the size of a football field, carpet that cost more per square metre than most Indian families earn in a month — sitting two-thirds empty on a Friday...
By Syafruddin Arsyad As the United States naval forces assemble in the Gulf even as Washington acknowledges ongoing talks with Teheran, the U.S. appears to be pursuing a carefully calibrated but inherently risky strategy. By pairing visible military pressure with diplomatic outreach, Washington seeks to coerce Iran into concessions...
By Dr. Ram Puniyani Choosing one’s religion is a social and legal right of citizens’ as per Indian Constitution. Still the organizations who do their politics under the cover of religion do not accept this. Dr. Mohan Bhagwat, the Sarsanghchalak of RSS keeps stating on one hand that all...
MUMBAI: India’s retail inflation, which has stayed below the Reserve Bank of India’s (RBI’s) 4 per cent target in recent times, is likely to remain benign in the coming months, RBI Deputy Governor Poonam Gupta said in a speech on Friday, which was uploaded on the central bank’s website...
NEW DELHI: A uniform 15 per cent tariff, announced by US President Donald Trump, would benefit some Asia-Pacific economies that have faced much steeper country-specific levies, including China and much of Southeast Asia, Moody’s Analytics said on Tuesday. But it will have a small impact on countries such as...
NEW DELHI: India needs to significantly improve its labour productivity to raise its per capita income to around $18,000 to achieve the goal of Viksit Bharat by 2047, NITI Aayog Vice Chairman Suman Bery said at the Business Standard Manthan Summit on Tuesday. In a fireside chat with A...
MUMBAI: Credit card spending in January stood at Rs 2 trillion, moderating from Rs 2.05 trillion in the previous month when there were several festivals. Spending increased more than 8 per cent year-on-year (Y-o-Y). The number of outstanding credit cards increased to 116.65 million in January from 115.78 million...
NEW DELHI: Despite geopolitics-inducing volatilities and changes in the landscape due to artificial intelligence platforms, the Indian tech sector is set to notch up a 6.1 per cent revenue growth in FY26 to $315 billion, Nasscom said on Tuesday.The industry’s lobby grouping said it was able to add jobs...