NEWS
India to Source Amazon, Flipkart Data in Inflation Revamp; Plans Services Index Rollout
By Axel Miller | 25 Aug 2025
India is preparing a major overhaul of how it measures inflation by incorporating price data directly from leading e-commerce platforms such as Amazon and Walmart-owned Flipkart.
OpenAI to Open First India Office in New Delhi This Year
By Cygnus | 22 Aug 2025
OpenAI, the company behind ChatGPT, is set to establish its first office in India later this year, choosing New Delhi as its base.
Wipro to Acquire Harman Connected Services for $375 Million in AI-Focused Bet
By Axel Miller | 21 Aug 2025
Indian IT major Wipro Ltd. has announced plans to acquire Harman Connected Services (HCS), the digital transformation solutions arm of Samsung-owned Harman International, in a deal valued at $375 million.
India’s wholesale price inflation at (-)0.59% in July
By Unnikrishnan | 15 Aug 2025
India’s wholesale price inflation, based on the all-India Wholesale Price Index (WPI) continued to remain in the negative territory for a second month
Oracle Trims 150+ Cloud Jobs as AI Push Drives Up Costs
By Axel Miller | 14 Aug 2025
Oracle Corp. has cut more than 150 jobs in its cloud division, a move that underscores the balancing act tech companies face
Perplexity AI Targets Google’s Crown Jewel with $34.5 Billion Bid for Chrome Browser
By Cygnus | 13 Aug 2025
In a move that could shake up the race for AI-driven search dominance, Perplexity AI has launched an unsolicited $34.5 billion all-cash bid to acquire Google’s Chrome browser.
India’s July consumer price inflation at an 8-year low of 1.55%
By Unnikrishnan | 13 Aug 2025
Consumer price inflation in India, based on the All-India Consumer Price Index (CPI) hit an 8-year low of 1.55 per cent in July 2025
Musk Warns of Legal Action Against Apple Over App Store Rankings
By Axel Miller | 12 Aug 2025
Elon Musk is accusing Apple of suppressing competition within its App Store. On Monday, the billionaire said his artificial intelligence
China’s State Media Questions Security of Nvidia H20 Chips
By Cygnus | 11 Aug 2025
A Chinese state media-linked account has raised fresh concerns over the security and quality of Nvidia’s H20 artificial intelligence chips
TCS Layoffs Signal AI-Driven Shift in India’s $283 Billion Outsourcing Industry
By Cygnus | 08 Aug 2025
Tata Consultancy Services’ decision to cut more than 12,000 jobs is being seen as a pivotal moment for India’s IT outsourcing sector
Apple Commits Another $100 Billion to U.S. Investments as Trump Pushes for Domestic Manufacturing
By Axel Miller | 07 Aug 2025
In a headline-grabbing move, President Donald Trump announced Wednesday that Apple has pledged an additional $100 billion investment in the United States.
RBI keeps policy repo rate unchanged at 5.50% amidst tariff row with US
By Unnikrishnan | 06 Aug 2025
The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) at its meeting on Wednesday decided to keep the policy repo rate unchanged at 5.50 per cent voted
