LG Electronics’ ₹5,000 crore Sri City facility in Andhra Pradesh is rapidly emerging as a major manufacturing hub, with large-scale output, job creation, and supplier investments reinforcing the state’s push to become a high-value electronics production base.
India has denied plans to mandate smartphone source code disclosure, saying no formal proposal exists as MeitY continues consultations on mobile security standards.
JioBlackRock Investment Advisers, the JFSL and BlackRock joint venture, launches its official website, early access campaign, and leadership team led by CEO Marc Pilgrem, moving closer to a full commercial rollout of its digital-first investment advisory service for retail investors across India.
Anthropic launches Claude for Healthcare, challenging OpenAI’s ChatGPT Health with HIPAA-ready tools, health record integrations, and major partners like AstraZeneca, Sanofi, and Banner Health, while experts warn of privacy and regulatory gaps around consumer-facing AI assistants in medicine.
Tamil Nadu secured ₹9,820 crore at UmagineTN 2026 and unveiled the Tamil Nadu Deep Tech Startup Policy 2025–26, pledging ₹100 crore for 100 AI, biotech, and robotics startups, along with training for 10,000 people. With MoUs across key firms and Chennai’s growing global profile, the state is cementing its role as a deep-tech hub.
US considers allowing India to purchase Venezuelan oil amid pressure to reduce Russian imports. Details on the deal and its implications.
The Reserve Bank of India is overhauling bank supervision, shifting from onsite inspections to AI-driven, near real-time offsite monitoring powered by OSMOS and CRILC.
Assam plans its first mobile phone manufacturing unit alongside Tata Group’s Rs 27,000 crore semiconductor facility at Jagiroad, aiming to leverage strong GSDP growth and align with India’s Production Linked Incentive scheme to build a high-tech electronics hub, create jobs, and plug into global value chains by 2026.
xAI has restricted Grok’s public image generation on X to Premium subscribers after deepfake abuse, while keeping free access via its app, website, and pay-per-use API.
Global fintech investment climbed 21% to $53 billion in 2025, led by the US, UK, India, UAE, and Singapore, with Binance, Kraken, FNZ, Ripple, and Revolut anchoring a sharp rebound from a three-year slump.
