Google has expanded access to its Gemini 1.5 Pro AI model in India, now available via the Google One AI Premium Plan. In a major boost to AI accessibility, the chatbot now supports regional languages including Hindi, Tamil, Telugu, and Bengali. This empowers millions of Indians to use advanced generative AI tools in their native […]
Government data for May shows India’s merchandise trade deficit narrowed to USD 21.88 billion from USD 26.42 billion in April, significantly below economists’ forecast of USD 25 billion. The improvement stems from both slower import growth, notably in oil and gold, and seasonal uptick in exports—the former stood at USD 60.6 billion, with exports at USD 38.7 billion. On the services front, India posted a
Indian benchmark indices surged on strong buying across IT, financials, and real estate, overcoming geopolitical concerns stemming from rising Middle East tensions. The Sensex climbed ~678 points (0.84%) to 81,796, while the Nifty closed near the 24,950 mark—driven mainly by IT (+1.6%) and banking sector gains—lifting all major sectors. Analysts point to five key catalysts: dovish
In the wake of the RBI’s rate cut, the State Bank of India (SBI) has reduced its base lending rate by up to 50 basis points across product segments. This adjustment brings significant relief for borrowers, especially those with home and education loans, by lowering monthly repayment costs and encouraging increased borrowing and spending. Simultaneously, SBI
The Reserve Bank of India (RBI) has initiated consultations with major treasury participants to explore narrowing the gap between the overnight call money rate (currently around 5.30%) and its policy repo rate at 5.50%. The persistent divergence since April has raised concerns about the effectiveness of monetary transmission, prompting the central bank to potentially introduce
Tata Motors witnessed a sharp decline in its stock price on June 14, 2025, with shares falling over 6% in early trade. The fall comes after the company’s luxury vehicle arm, Jaguar Land Rover (JLR), trimmed its margin guidance for the upcoming financial year (FY26), citing near-term headwinds in demand and rising operational costs. 🔻
India’s economy continues to showcase resilience and robust growth, even in the face of mounting global headwinds, according to a recent report released by CareEdge Ratings. The report highlights India’s ability to sustain its momentum through strong domestic demand, fiscal discipline, and macroeconomic stability. 📊 Key Highlights from the CareEdge Report 🌍 Global Headwinds in
Databricks is ramping up its India operations, pledging $250 million over the next three years to deepen its presence in the country’s burgeoning AI and data analytics market . The move follows its latest $10 billion global funding round, which valued the company at approximately $62 billion—one of the largest fundraises in recent VC history . With
Researchers at MIT’s CSAIL and biotech firm Recursion have released Boltz‑2, an open-source AI model that can predict molecular binding affinity and structure up to 1,000× faster than traditional physics-based methods. This capability has the potential to dramatically accelerate virtual screening—a core part of drug discovery—by profoundly reducing time and cost. Boltz‑2 not only speeds
Oracle and AMD have unveiled a major collaboration to equip Oracle Cloud Infrastructure (OCI) with AMD Instinct MI355X GPUs, enabling zettascale AI clusters—on-demand capabilities that can scale up to 131,072 GPUs. This marks a significant leap in cloud compute power, offering customers over twice the price-performance for large-scale AI training and inference compared to previous
