Cloudflare reports automated bot traffic now accounts for 57.5% of all HTTP requests, surpassing human activity for the first time, driven by AI agents.
The RBI has increased investment limits for non-residents in Indian equities and government bonds, aiming to attract more foreign capital and deepen domestic markets. Governor Sanjay Malhotra announced the changes on June 5.
Piyush Goyal highlights India’s rise as a trusted investment destination, driven by economic growth, FTAs, regulatory reforms, and infrastructure, poised for two decades of rapid expansion.
Union Cabinet approves Rs 10,000 crore interest-free advance to OMCs, stabilizing ATF prices for Indian airlines amid global volatility and boosting connectivity.
Five of India’s top digital commerce firms, including Eternal, Swiggy, Amazon India, Zepto, and Meesho, have formed a new coalition to address industry challenges, improve customer experience, and support small businesses amid growing regulatory scrutiny. This collaboration aims to foster responsible growth in India’s e-commerce sector.
News
India’s RBI and federal government introduce a comprehensive package, including tax exemptions and expanded bond access, to attract up to $50 billion in foreign capital and stabilize the rupee.
India’s automobile retail market hit a record high in May, driven by robust demand and electric vehicle adoption, with EV share exceeding 11% for the first time. Tata Motors led EV sales with significant growth.
IMF’s Kristalina Georgieva warns global economies are dangerously vulnerable to the next crisis, citing depleted fiscal buffers and geopolitical shocks. She urges building resilient foundations.
Commerce Minister Piyush Goyal downplays US Section 301 tariff concerns, confident India will finalize the first phase of a bilateral trade agreement with Washington by mid-July, securing preferential market access.
AI Trends
Google secures $30 billion in AI compute capacity from SpaceX for Gemini Enterprise, leveraging 110,000 NVIDIA GPUs. This major deal precedes SpaceX’s IPO, highlighting surging AI infrastructure demand.
Spotlight
Netflix has taken a decisive step in strengthening its India strategy with the launch of a global VFX and post-production hub in Hyderabad, marking a full…
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