India's smartphone market is premiumising fast, with Apple's iPhone 16 emerging as the country's top-selling model by volume in 2025, Counterpoint data shows

Apple iPhone

Business Standard

TCS, Infosys book one-time exceptional charges, while HDFC Bank absorbs higher wage costs directly into quarterly P&L

AI tools, GPUs and indigenous datasets will be provided to 500 universities as the Centre steps up efforts to boost AI skills, research and innovation

India, Vaishnaw said, had been ranked third in Stanford’s AI preparedness and penetration rankings and second in the AI talent base rankings

India, Vaishnaw said, had been ranked third in Stanford's AI preparedness and penetration rankings and second in the AI talent base rankings

Government to equip 500 universities with GPUs, datasets and AI tools under the IndiaAI Mission as it prepares for the AI Impact Summit in New Delhi next month

Ashwini Vaishnaw, Ashwini, Vaishnaw

Health Ministry proposes listing Navi Mumbai International Airport as a notified port under drug rules, enabling air import of medicines through the facility

pharma, drugs, medicine

Skill ministry arm explores partnerships with six states to expand Japanese language training and prepare youth from smaller towns for overseas employment

internship, jobs

Revised estimates of 1,392 ongoing projects climbed to ₹35.1 trillion as overruns persisted, though the pace of cost escalation eased sequentially from November

Road, infrastructure

Jeep outlines a renewed regional roadmap with higher localisation, export expansion and focus on products and ownership experience amid intense competition in India's SUV market

Jeep Compass

Move to block non-Europe firms from using lower duty to dump cars in India

carmakers, auto industry

Look to use India's manufacturing cost advantage as carmakers from China have gained market share in EU in recent years

automobile

The company is evaluating some form of local assembly in India and working on obtaining local safety and regulatory certifications for more models because of import quotas

BYD, BYD cars

Bloomberg

TNC Rajagopalan answers SME queries related to GST, export and import matters

export

Union Minister H D Kumaraswamy unveiled third round of speciality steel PLI scheme with relaxed thresholds, updated pricing benchmarks, and wider MSME participation to boost steel manufacturing

H D Kumaraswamy (Photo: X/@hd_kumaraswamy)

Base year revised, thresholds relaxed to reflect current market trends

Trade expert cites FTP Para 1.08 and CBIC circulars requiring that export consignments not be detained beyond three days, and clarifies documentation norms under the Advance Authorisation scheme

trade

UK fintech Tide will invest 500 million euros (₹6,000 crore) in India over five years from 2026, creating 800 jobs as it deepens its commitment to the country's fast-growing SME sector

investment

Bank credit growth slowed to 13.1% and deposit growth to 10.6% in early January, RBI data shows, though FY26 credit outlook remains positive

Reserve Bank of India (RBI) data also suggest a sharp pickup in corporate credit growth, with credit to industry growing 9.6 per cent as of November 2025, compared with 8.3 per cent in the corresponding fortnight of last year

The Business Correspondent Resource Council has sought the setting up of infrastructure and equity funds to strengthen last-mile banking, citing NSFI goals and RBI findings

equity fundraiser

On the other hand, Education, media and entertainment, and e-commerce together account for only a modest slice of household budgets

Travel, tourists, Hospitality

Even as banks boast healthy books, concerns remain across the financial landscape. Raghu Mohan and Abhijit Lele explain why work is not yet complete

Banking sector, banks

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