Technology
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India’s Festive Spending to Reach ₹14 Lakh Crore by 2026
India’s festive season spending is projected to surge to ₹14 lakh crore by 2026, fueled by low inflation and accessible credit, boosting retail sales significantly.

Salman Khan’s Rs 41 Lakh Jacob & Co Watch: Luxury Meets Indian Pride
Bollywood superstar Salman Khan unveils a Rs 41 lakh Jacob & Co. watch, featuring Indian flag colors and dual time zones. A blend of luxury and national pride.

India’s Chip & Space Startups Raise $171.6M in 2026 VC Funding
India’s chip and space tech startups secured $171.6M in VC funding by mid-2026, boosted by government policies like Semicon 2.0, signaling a shift towards deep tech manufacturing.

Modi Taps Nandan Nilekani to Reform India’s Exam System
PM Modi forms a task force led by Nandan Nilekani to overhaul India’s examination system, prioritizing technology, transparency, and integrity in NTA exams.

SEBI MF-PMS Framework: Lower Investment, Boost RIAs
SEBI proposes a new MF-PMS framework, slashing investment minimums to Rs 25 lakh and easing requirements to empower RIAs and boost investor access.

Red Hat Targets India: Top 5 Growth Market Amid AI Challenges
Red Hat identifies India as a top 5 growth market, driven by open-source adoption, but faces hurdles scaling AI projects from pilot to production.

EPFO Auto-Refunds Dormant PF Accounts Under ₹1,000
EPFO to launch auto-refund for 1.18 lakh dormant PF accounts under ₹1,000 by August 2026. Get your unclaimed savings back easily!

India’s Margin Trading Hits Record ₹1.43 Lakh Crore
India’s margin trading facility (MTF) reached a record ₹1,43,722 crore by July 22, driven by retail investor leverage, despite a slowdown in monthly growth.

Indian Taxpayers: Foreign Asset Disclosure Rules & Relief
Indian residents must declare foreign assets in ITR via Schedule FA. Avoid penalties! Learn about new relief for small taxpayers and disclosure deadlines.

EPFO Delays UPI Claims to 2026 Due to System Glitches
EPFO postpones its UPI-linked claim settlement facility to August 2026 due to significant system glitches and platform migration issues affecting users.

Zoho’s Global Dominance: 90% Revenue from International Markets
Zoho Corp. generates 90% of its revenue internationally, with government contracts contributing only 2%. Discover the company’s global business strategy.

India’s CKYC 2.0: Unified Financial Access Launching August 1
India launches Central KYC 2.0 on August 1 for streamlined financial product access. A unified customer ID system for banks & insurers, enhancing efficiency and fraud prevention.

AI+ Targets ₹7,500 Cr Revenue, Focuses on India’s Smartphone Market
New Indian smartphone brand AI+, founded by ex-Realme exec Madhav Sheth, aims for ₹7,500 Cr revenue by boosting local components and challenging global players in India’s booming market.

India’s New Bill: Tax Relief for Category III AIFs, Transparency Concerns
India’s 2026 Corporate Laws Bill proposes tax relief for Category III AIFs via LLP conversion, but raises privacy concerns due to mandatory partner disclosure.

Air India Fixes 787 Door Handle Safety Issue
Air India begins modifying its Boeing 787 fleet to resolve a critical door assist handle safety concern, prompted by FAA directive after reports of detachment.

Air India Modifies Boeing 787 Fleet After FAA Safety Directive
Air India begins phased Boeing 787 Dreamliner modifications following a US FAA safety directive concerning potential door handle detachment. Learn more.

Red Hat Eyes India as Top 5 Global Growth Market Amid AI Boom
Red Hat, an IBM subsidiary, names India a top 5 global growth market, driven by its tech consumption, development hub status, and AI adoption, despite scaling challenges.

Hollywood Eyes India: Box Office Boom or Premium Pitfall?
Hollywood shifts focus to India’s growing premium screens as China’s box office falters. Can India deliver sustainable growth or is it a premium trap?

Nirmala Sitharaman Directs IT Dept for Better Taxpayer Service
Finance Minister Nirmala Sitharaman urges the Income Tax department to enhance taxpayer services, reduce bureaucracy, and improve public asset management in India.

IRDAI’s Public Insurance Registry to Fight Mis-selling
IRDAI introduces a Public Insurance Registry to link policies to individual agents, enhancing accountability and combating mis-selling in India.

India Aims for Top 3 Global Biotech Power by 2035
India’s Niti Aayog targets top 3 global biotech status by 2035, focusing on innovation and modernizing regulatory pathways to accelerate market entry.

PhonePe’s FY26 Losses Widen Despite Revenue Surge
PhonePe saw revenue climb to ₹7,920 crore in FY26, but net losses ballooned by 62% to ₹2,792 crore due to one-off charges and operational costs.

India’s Defence Exports Soar, Boosting Industry Revenue
India’s defence sector experiences a boom with rising exports and indigenous tech, transforming revenue models for domestic aerospace and defence companies.

China’s J-20 Stealth Fighters Outpace India’s Air Force
China’s rapid deployment of ~500 J-20 stealth fighters widens the air capability gap with India, whose indigenous fighter programs face critical delays.

Rajnath Singh: India’s Tech Growth & Self-Reliance at Kargil Event
Defence Minister Rajnath Singh highlighted India’s technological self-reliance and economic progress at the 27th Kargil Vijay Diwas, underscoring strides in data infrastructure, digital payments, and semiconductors.

India’s Battery Demand to Hit 700 GWh by 2030
India’s advanced chemistry cell battery demand to surge to 700 GWh by 2030, driven by EV growth and energy storage needs. Explore key drivers and government incentives.

UPI Now in 9 Countries: Easier Payments for Indian Travelers
India’s UPI is now live in 9 nations, offering Indian travelers reduced costs and seamless cashless payments abroad. Discover the new international reach.

FORVIA India: Local Ownership for Evolving Auto Market
Global auto supplier FORVIA transitions to local product ownership in India, empowering regional teams for tailored innovation and faster market response.

Andhra Pradesh: India’s New Tech Investment Hub
Andhra Pradesh is rapidly becoming India’s premier tech investment hub, attracting significant capital and developing six digital corridors to boost IT, semiconductors, and electronics.

IIT Hyderabad Alumnus Lands Rs 30 LPA Qualcomm Job
IIT Hyderabad M.Tech graduate secures a Rs 30 LPA package at Qualcomm, highlighting the high demand for VLSI talent in India’s booming semiconductor industry.