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India To Emerge As AI Builder, Says Amazon CEO Andy Jassy; Bets On Deep Engineering Talent
Amazon CEO Andy Jassy says India will build some of the world's most important AI applications
SC flags 'deep-rooted nexus' between banks, ARCs, borrowers over loans
Flagging a deep-rooted nexus between banks, asset reconstruction companies and borrowers, the Supreme Court on Friday said that taxpayers' money being given as loans and then no effective efforts were taken to recover the amount was not acceptable. A bench of Chief Justice Surya Kant and Justice V Mohana said it was only concerned about the misutilisation of public money, which should have been spent for the welfare of people. The top court issued notice to the Centre, the Reserve Bank of India (RBI) and others seeking their responses on a plea which alleged that a debt of Rs 1,537 crore owed to public sector banks was settled through two asset reconstruction companies (ARCs) for a mere Rs 73.50 crore. During the hearing, the bench raised concerns over the manner in which stressed loans were being settled. "This is a deep-rooted nexus between the borrowers, ARCs and banks," the bench said. The top court observed that it was aware of the limitation in entering into the arena of ...
RIL AGM Highlights: Five drivers for future growth
Reliance is transforming into a deep-tech and advanced manufacturing leader, highlighting five verticals within the company as those with potential for exponential value creation, Chairman Mukesh Ambani said in speech at the latest annual general meeting. These five are: Jio, AI, Retail, FMCG and New Energy.
Jio Platforms breaks into global top 20 in latest WIPO patents rankings; climbs 320 places on coveted chart
Akash Ambani, Managing Director of Jio Platforms said that the rise of JPL to the global top 20 in the WIPO PCT rankings reflects years of efforts towards transformation into a deep-tech company
Infosys completes CMMI AI Maturity Framework and Pilot Assessment
Infosys has successfully completed and contributed to the CMMI AI Maturity (AIM) Framework and Pilot Assessment, conducted by CMMI Institute, a global leader in helping organizations reduce risk, boost performance and build capability. Through this collaboration, Infosys assisted with the advancement of the CMMI AIM framework contributing deep enterprise-scale perspectives on AI governance, responsible deployment, and outcome-driven practices that helped define how AI maturity is assessed and operationalized across global organizations. Infosys is among the first select group of organizations recognized globally to complete the pilot assessment, demonstrating a structured and responsible approach to scaling artificial intelligence across enterprise grade software engineering, agentic capabilities, and service delivery.
Modi wants Indians to press pause on gold. But the $5.2 trillion obsession runs deep
India’s attempt to protect the rupee is now colliding with one of the country’s strongest cultural habits — buying gold. After Prime Minister Narendra Modi urged citizens to avoid gold purchases for a year, the government raised gold import duty from 6% to 15% to reduce pressure on foreign exchange reserves and the current account deficit.
Deep under China's coal basins, PetroChina is unlocking gas from rocks
China is unlocking a new energy frontier with coal rock gas extracted from deep within its coal basins. This ambitious multi-billion-dollar initiative is set to bolster domestic natural gas production while easing its dependence on foreign imports. With PetroChina predicting vast output by 2035, this strategy could position China as a fortress against global energy volatility.
India working on subsea gas pipeline project: Oman route plan to help mitigate risks brought to fore by Hormuz Strait block
India is fast-tracking a deep-sea gas pipeline from Oman. This project aims to ensure steady gas supplies and reduce reliance on volatile LNG markets. The estimated ₹40,000 crore pipeline will connect Oman to Gujarat. It is expected to take five to seven years to build. This move addresses India's energy security concerns and its vulnerability to maritime choke points.
Russia to fulfil all agreements on energy supply to India: Russian FM Lavrov
Russian Foreign Minister Sergey Lavrov has assured India that energy supply agreements will be completed. He stated that relations between Russia and India are based on deep friendship. Lavrov praised Prime Minister Narendra Modi as an energetic leader. He pledged that unfair competition will not harm their energy deals.
Adani Group is jumping into Europe's deep waters. What can happen
Adani Ports is making a significant leap beyond traditional port operations, venturing into Europe's complex offshore and subsea market. Through a new partnership with Oceaneering International and its Astro Offshore arm, the company aims to become a global maritime infrastructure and offshore-services platform, focusing on deepwater engineering and underwater infrastructure for energy projects.
How to become a successful trader in today’s volatile stock market
In such a dynamic environment, becoming a successful trader requires more than just luck—it demands discipline, adaptability, and a deep understanding of market behavior. Drawing insights from market experts and aligning them with current conditions, here are the key principles every trader should follow
Iran, Israel War: The world is on its way to a 'doomsday' gas crisis scenario
Iran War LNG Plant Strikes: After Iranian strikes shut Qatar’s Ras Laffan LNG hub, about 17% of global supply is offline, triggering a deep energy shock. With repairs likely to take years, prices are surging and shortages spreading across Asia, raising risks of industrial slowdown, power crises and a prolonged global gas crunch.