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AI could add up to US$1.7 trillion to India’s economy by 2035

September 17, 2025/

Artificial Intelligence is emerging as one of the most powerful drivers of economic transformation worldwide, and India is no exception. A new report by NITI Aayog suggests that with the right adoption, AI could significantly accelerate India’s growth trajectory and help realise the Viksit Bharat vision over the next decade....

Banking on agents: How BFSI giants are embracing agentic AI

May 27, 2025/

Agentic AI, the next phase in AI evolution, is set to transform the financial services industry with autonomous, conversational agents capable of intelligent decision-making and workflow automation. Leading banks like HDFC, SBI, and Wells Fargo are exploring its potential across operations—from customer service and risk management to personal finance and...

99% Power demand – Will AI overwhelm global power grids

April 30, 2025/

Artificial Intelligence (AI) is evolving fast—so fast that it’s not just testing the limits of technology, but also straining the world’s energy resources. Former Google CEO Eric Schmidt recently warned U.S. lawmakers that AI could, in the future, consume up to 99% of the world’s electricity. While the figure may...

AI’s rapid rise could replace programmers by next year

April 21, 2025/

Former Google CEO Eric Schmidt has stirred global debate with a bold prediction: within a year, AI will replace the vast majority of human programmers. Speaking on the rapid evolution of artificial intelligence, Schmidt highlighted an imminent shift in software development, calling it the dawn of a seismic technological transformation....

India’s AI Investment to Hit US$ 9.2 bn by 2028

April 16, 2025/

A recent research report by the International Data Corporation (IDC) and data integration platform Qlik revealed that investment in artificial intelligence (AI) by Indian enterprises is projected to grow at a compound annual growth rate (CAGR) of 35%, reaching US$ 9.2 billion by 2028. Image credit: Pixabay India is on...

OpenAI unveils GPT-4.5: A smarter, more reliable AI model

February 28, 2025/

OpenAI has launched GPT-4.5, its latest AI model, offering improved reasoning, reduced hallucination rates, and better creative insights. Initially available to ChatGPT Pro users, the model will roll out to more users soon. Despite GPU shortages slowing deployment, OpenAI continues to push AI innovation forward. OpenAI has launched a research...

G20 Troika promotes inclusive growth with DPI and AI for governance

November 21, 2024/

The G20 Troika—India, Brazil, and South Africa—has unveiled a groundbreaking declaration highlighting the transformative potential of Digital Public Infrastructure (DPI), Artificial Intelligence (AI), and data governance. Against the backdrop of global economic growth stagnating at just over 3%, the leaders underscored the critical role of inclusive digital transformation in achieving...

A new frontier: Will Union Budget 2024 introduce the Robot Tax?

July 4, 2024/

Finance Minister Ms Nirmala Sitharaman recently convened a critical meeting with economists to strategize for the upcoming budget. As discussions spanned across crucial areas like driving private investment, creating new jobs, and managing fiscal resources, one topic sparked discussions: the growing use of artificial intelligence and its potential impact on...

Bhashini: Bridging the language gap with AI

July 2, 2024/

In our latest episode of the Tech Trailblazer series, we engaged with Mr. Amitabh Nag, CEO of Bhashini, a pioneering platform designed to promote digital inclusivity in India. Bhashini aims to bridge the gap between India’s diverse languages by making information and communication accessible across different linguistic regions. During our...

India’s Digital Competition Bill: Understanding industry concerns

June 17, 2024/

India is now recognized as a significant and rapidly expanding digital market globally. Digitalization has stimulated the rise of industries like e-commerce and the creation of cutting-edge technologies, including artificial intelligence. These developments have led to a surge in new digital consumers. For example, about 70% of all Indian Internet...

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