The Union Cabinet has approved a ₹62,500 crore Mobile Phone Manufacturing Scheme to boost production, deepen local value addition and support design-led growth from 2026-27 to 2030-31.
India has launched a ₹15,000 crore AS-HAPS programme to field indigenous stratospheric airships for surveillance, intelligence and long-range communications, leveraging DRDO’s Stratospheric Airship Platform trials and Make-I funding to draw in private-sector aerospace partners.
Cybersecurity researchers have identified architectural vulnerabilities in India’s UMANG e-governance platform that could expose Aadhaar-linked data, EPFO UANs and other service records, raising questions over security in the country’s mobile-first digital public infrastructure.
India and New Zealand have elevated ties to a strategic partnership, launching a Roadmap to 2030 that targets NZ$7 billion in trade, deeper maritime security cooperation, and broader collaboration in education, technology, climate action and counter-terrorism across the Indo-Pacific.
HSBC warns AI has turned from tailwind to structural threat for India’s IT services sector, with 15–20% of revenue already under pricing pressure and up to 40% at risk by FY27, as automation and generative AI reshape outsourcing demand and long-term growth expectations.
News
Japan has teamed up with NVIDIA and industrial leaders to launch a national AI infrastructure, unifying GPU data centers and public–private investments to power next-generation computing, robotics, automation and sector-specific AI systems while advancing the country’s sovereign AI strategy.
The Union Cabinet has approved a ₹62,500 crore Mobile Phone Manufacturing Scheme to boost production, deepen local value addition and support design-led growth from 2026-27 to 2030-31.
Thinking Machines Lab, the AI startup founded by former OpenAI CTO Mira…
Tata Consultancy Services and Google Cloud have opened a Gemini Experience Center in Kolkata, their eighth globally and third in India, to help retail, CPG, travel, tourism and hospitality businesses develop, test and scale agentic AI solutions using Google’s Gemini models and more than 3,000 industry-aware AI agents.
AI Trends
Japan has teamed up with NVIDIA and industrial leaders to launch a national AI infrastructure, unifying GPU data centers and public–private investments to power next-generation computing, robotics, automation and sector-specific AI systems while advancing the country’s sovereign AI strategy.
Spotlight
DeepSeek founder Liang Wenfeng’s fortune has surged to $36 billion after a $7.4 billion funding round. Bloomberg now ranks him as the richest AI startup founder, ahead of OpenAI’s Greg Brockman and Anthropic’s Dario Amodei, as DeepSeek’s open-source R1 model challenges ChatGPT at a fraction of the cost.
