NEWS

India to Source Amazon, Flipkart Data in Inflation Revamp; Plans Services Index Rollout

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

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

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

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

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

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%

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

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

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

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

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

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

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