Apple has resumed accepting credit and debit cards for App Store and iCloud payments in India after five years, aligning with Reserve Bank of India rules, while Apple Pay remains unavailable.
India has set a $1 trillion export target for FY27, with Commerce Minister Piyush Goyal banking on free trade agreements, export promotion missions and lower testing costs to lift merchandise exports to $530 billion and services exports to $470 billion while aligning states and industry with national trade priorities.
India and Japan used the 16th India-Japan Annual Summit in New Delhi to lock in new frameworks on economic security, AI cooperation, defence dialogue and clean energy, aiming to diversify supply chains, govern emerging technologies and deepen strategic coordination across the Indo-Pacific.
NPCI has partnered with HSBC India and J.P. Morgan Payments to enable real-time forex settlement for cross-border UPI transactions, aiming to improve transparency in international payments.
India’s household debt climbed to 45.5% of GDP by September 2025, driven by consumption-led borrowing and non-housing retail loans, even as Indian banks report multi-decade-low bad loans and stronger housing asset quality, according to the Reserve Bank of India’s latest Financial Stability Report.
News
Mark Zuckerberg has acknowledged Meta’s AI-driven restructuring is advancing more slowly than planned, despite major layoffs, reassignments, and heavy AI investment, highlighting the challenges of turning ambitious artificial intelligence strategies into real operational change at a large technology company.
Apple has resumed accepting credit and debit cards for App Store and iCloud payments in India after five years, aligning with Reserve Bank of India rules, while Apple Pay remains unavailable.
Code in a recent Android build of Google Maps points to a Gemini-powered Ask Maps feature that could let users order food hands-free while driving, though key partners, payments, markets, and launch timing remain unresolved and the capability may still change or never ship after APK teardown testing.
Bhavin Turakhia has launched Neo, a $30 million self-funded enterprise AI workspace that centralises organisational knowledge and workflows, rolling out across Zeta, Titan and mid-sized firms while competing with Microsoft Copilot, Google Gemini for Workspace, Notion AI, ClickUp, Asana and Atlassian.
AI Trends
Bhavin Turakhia has launched Neo, a $30 million self-funded enterprise AI workspace that centralises organisational knowledge and workflows, rolling out across Zeta, Titan and mid-sized firms while competing with Microsoft Copilot, Google Gemini for Workspace, Notion AI, ClickUp, Asana and Atlassian.
Spotlight
The Indian government is reviewing WhatsApp’s upcoming usernames feature over concerns about impersonation, fraud, and user safety before its rollout.
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