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.
India’s UPI implements new security protocols for high-value transactions and ATM withdrawals from June 1, enhancing fraud prevention amid record transaction volumes.
News
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.
Green SM introduces its all-electric taxi service, Green SM Limo, to Delhi-NCR, India, deploying VinFast EVs to challenge existing ride-hailing giants with a fleet-owned model and competitive fares.
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.
Anthropic calls for a global pause in frontier AI development, warning of self-improving systems. The company’s IPO push and past safety pledges add complexity to its urgent appeal.
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…
Subscribe to Our Newsletter
Smart takes on startups, tech, and founders. No noise.
