DIGITAL INFRASTRUCTURE
GFF 2026: Nitin Gadkari targets barrier-free tolling by February as FASTag cuts wait times by up to 90%
India is progressing towards fully digital and barrier-free tolling systems. A multi-lane free flow system will be operational by February. FASTag has already significantly reduced waiting times and eliminated cash transactions. This technological advancement saves millions of hours and substantial economic resources annually. Environmental benefits are also considerable, akin to planting millions of trees.
US, India partner to secure undersea cable networks and expand digital connectivity under TRUST initiative
Pointing to India's crucial role in the expanding global network, the US Embassy highlighted that New Delhi's booming digital economy, surging demand for cloud and AI capabilities, and strategic geographical location linking major global markets present significant opportunities for the country to establish itself as a primary global subsea cable hub.
Piyush Goyal urges BRICS to link payment systems, trade in local currencies
India's Commerce Minister urged BRICS nations to link payment systems and trade in local currencies. He also called for simplified regulations and faster clearance of consignments between member countries. Russia's minister highlighted the bloc's economic power and commitment to sustainable development goals. He noted Russia's success in reducing dollar and euro reliance for its exports. The BRICS summit aims to foster cooperation and strengthen economic ties among member nations.
BRICS 2026: PM Modi calls for top 10 trade barriers to be removed; says India is building ‘economic bridges’ to shield Global South
Prime Minister Narendra Modi urged BRICS members to identify and remove their top 10 trade barriers as the grouping enters its third decade, saying India is building economic bridges as trade barriers rise globally. At the BRICS Business Forum, Modi also positioned India as a source of growth, stability and global solutions.
India urges BRICS to link payment systems, encourage local currency trade
Commerce and Industry Minister Piyush Goyal urged BRICS countries to link payment systems, expand local-currency trade, open markets and simplify regulations to strengthen intra-bloc commerce. At the BRICS Business Forum, he highlighted UPI’s scale and called for cooperation in digital trade, critical minerals, supply chains, services and emerging technologies.
Sebi proposes extending cybersecurity rules to subsidiaries of MIIs
Sebi proposes extending its IT and cyber security framework to MII subsidiaries, seeking to close oversight gaps involving critical technology, data and infrastructure. The paper covers subsidiaries linked to MII activities, data or shared infrastructure, with comments due October 2.
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AI-led payments will need strong risk checks as trust remains critical: Amazon Pay India CEO
As artificial intelligence increasingly makes digital payments more contextual and automated, strong risk checks will remain critical to maintaining customer trust, Amazon Pay India CEO Vikas Bansal said.
GFF 2026: Visa, ONDC look to make India’s tourism offerings easier to discover
Visa and ONDC will collaborate to simplify tourism discovery for travelers across India. This partnership aims to connect visitors with local businesses and unique travel experiences. They will leverage open network principles and digital innovation for seamless journeys. ONDC seeks to strengthen demand-side participation in its growing tourism sector.
Centralised interoperable digital layer can help bridge Rs 60 lakh crore MSME credit gap: Report
India's MSME sector faces a significant formal credit gap, with existing channels meeting limited debt demand. A new digital layer can connect businesses, banks, and payment providers to bridge this gap. This system will digitise the order-to-cash process and automate invoice reconciliation across the nation. It enables cash-flow-based underwriting and addresses delayed receivables for small businesses.
ESDS Software Solution jumps 5%, extends 6-session rally; shares up 287% from IPO price
ESDS Software Solution shares extended their post-listing rally to six sessions, surging 287% from the IPO price. Strong issue demand, rising investor optimism around data centres and improved FY26 profitability have added momentum to the stock.
Fintechs must treat data as fiduciary duty, not business asset, says RBI Governor Sanjay Malhotra
Mumbai fintechs must treat user data as a fiduciary responsibility, not a business asset. RBI governor Sanjay Malhotra stressed trust is key for financial system adoption and endurance. Firms growing significantly must take systemic responsibility beyond their balance sheets. Operational resilience and cybersecurity are essential prices for achieving scale.
GFF 2026: NITI Aayog's Rajiv Gauba calls for deregulation as defining feature of India's next-generation reforms
NITI Aayog member Rajiv Gauba called for simpler rules and hassle-free processes. He emphasised deregulation and doing away with license approvals and frequent renewals. India's digital public infrastructure serves as a global model for financial inclusion. Regulatory frameworks should balance public interest and innovation while promoting competition.
India's commercial vehicle sales surge, manufacturers double growth projections to 10-15% this fiscal
Commercial vehicle sales growth projections have been sharply revised upwards by manufacturers. Demand in the first five months far outstripped early estimates, surprising industry executives. Several executives now expect sales to grow ten to fifteen percent this fiscal year. This upgrade follows strong sales growth, with August seeing a forty percent increase.
BJP calls Cong leaders 'naraz fufas', attacks party over BRICS criticism
The BJP criticized the Congress for questioning the BRICS Summit's advantages. BJP leaders labeled Congress members as "naraz fufas" and "dimagi naxals". They accused the opposition of being unable to accept India's global rise. The upcoming BRICS Summit is scheduled for September 12-13 in New Delhi. BJP stated that the public will hold the Congress accountable for such remarks.
Avisirah Technologies’ Navi Mumbai AI data centre gets ₹75 crore funding from Syndicate Finance
Avisirah Technologies has successfully secured a ₹75 crore loan to bolster its data centre in Navi Mumbai. This recent funding follows an earlier ₹50 crore loan from Syndicate Finance, showcasing strong financial support. The company anticipates raising an additional ₹125 crore in the near future, aimed at enhancing its land and infrastructure for advanced AI and cloud computing solutions.
GFF 2026: Scindia pitches ‘digital trinity’ of connectivity, compute and trust for AI economy
GFF 2026 Scindia: Connectivity, compute, and trust are the new digital trinity for fintech and AI. India's mobile phones and telecom networks are now financial highways and bank branches. The nation is expanding digital connectivity and infrastructure for financial inclusion and economic mobility. AI will make finance predictive, personal, and autonomous, requiring enhanced security measures. India aims to lead the world in 6G technology development and secure digital infrastructure.
Business outlook 2027: 7 growth opportunities Indian CXOs should watch
India is entering 2027 with growth opportunities spread across manufacturing, technology, exports, infrastructure, and emerging consumer markets. The companies that identify these shifts early could be better placed to capture the next phase of expansion.
ESDS Software shares plunge 8% after skyrocketing 235% from IPO price in 4 days. What lies ahead?
ESDS Software Solutions shares fell sharply on Thursday after surging 235% from their IPO price in four sessions. While strong demand for cloud, AI infrastructure, cybersecurity and digitalisation supports the company’s long-term prospects, analysts warn of near-term profit-taking, execution risks and stretched valuations after the stock’s sharp post-listing rally.
ESDS Software surges 235% in 4 sessions as AI infra fever grips markets
After the recent launch of its IPO, ESDS Software Solutions has seen a noteworthy increase in stock performance, indicating strong investor confidence in the expansion of India's data-centre landscape. This shift is largely due to the soaring demand for cloud technology and AI services. By 2030, India's data-centre capacity is anticipated to grow significantly, fueled by favorable policies and investments in renewable energy sources.
India seeks payment-system links in every FTA, Commerce Secy says: Report
India aims to link its payment systems with trading partners in new agreements. This strategy seeks to make cross-border payments faster and significantly cheaper for users. The Unified Payments Interface is a key digital public infrastructure for this expansion. India's diaspora remittances are a major focus for cost reduction efforts. The nation is leveraging its fintech experience to export digital financial services globally.
BRICS at 20: India faces test of balancing geopolitical divides with economic goals
India hosts the expanded BRICS Summit, facing geopolitical hurdles and strategic opportunities. Former diplomats emphasize the group's 20-year milestone and India's bridging role. Efforts to reform the global order must avoid replacing one hegemon with another. The summit aims for practical economic growth and technology sharing among members. Focusing on Digital Public Infrastructure can drive tangible success for the grouping.
IESA to govt: Accelerate battery incentives, smart grid infra, last-mile mobility for EV adoption
India's electric vehicle adoption is accelerating rapidly, with record sales achieved recently. Industry leaders are urging government to boost battery incentives and smart grid development. This will support the integration of electric vehicles into the national energy infrastructure. Grassroots innovation in last-mile delivery is also propelling the electric mobility surge. Strengthening battery recycling policies ensures self-reliance in critical mineral resources.
Put money where their AI mouth is
Indian firms are making significant investments in data centre infrastructure tailored for artificial intelligence. Major players like TCS, RIL, and Adani are constructing extensive facilities designed to enhance AI capabilities. This strategic growth intends to decrease dependency on foreign technologies while fostering local innovation. However, India must address challenges related to energy and water requirements imposed by these facilities to successfully evolve into an innovator-driven economy.
Empower India eyes major gains from AI computing boom via sustainable infra push
Anticipating a boom in the AI computing landscape, Empower India is taking strategic steps towards enhancing sustainable digital infrastructure. Part of this initiative involves the creation of bespoke Green Data Servers and Data Centre offerings. Moreover, with the IndiaAI Mission driving extensive investments, the nation's AI sector is poised for rapid growth.
India, Sweden aim to leverage AI and emerging tech to foster innovation
India and Sweden have teamed up to enhance innovation and foster technology-driven growth, aiming to establish responsible AI ecosystems through their collaboration. With Sweden's industrial expertise and India's expansive digital infrastructure, a recent bilateral dialogue delved into India's AI opportunities, paving the way for Swedish firms to explore business expansions in the AI and electronics sectors.
BRICS Summit 2026: Key likely outcomes as India drives a transformative global agenda in New Delhi
India's chairship framework is organised around four primary pillars, starting with Resilience, which aims to protect institutions, societies, and economies from supply-chain disruptions, health crises, geopolitical shocks, and climate risks.
Global Fintech Fest: How Adyen powers payments for global ambition and expansion
The payments ecosystem in India is moving beyond just digitisation, and towards infrastructure that can operate seamlessly across borders, and connected ecosystems. Adyen, a global fintech company with presence in India is positioned to achieve exactly that for Indian merchants who have the ambition to go global and global enterprises expanding in India.
"When knowledge is shared, innovation grows": MEA highlights India's BRICS Chairship focus on innovation, resilience
India's BRICS Chairship 2026 will prioritise innovation and knowledge sharing among member nations. Digital infrastructure and artificial intelligence will be key tools for strengthening capabilities. Initiatives like a startup fund and incubator network will support young entrepreneurs. A research repository aims to create a unified science library for member countries. The 18th BRICS Summit will convene leaders in New Delhi next September.
IIT Madras' Bodhan AI launches four AI models for Indian languages in partnership with AI4Bharat
Bodhan AI has launched four foundational AI models for Indian languages. These models cover speech recognition, generation, translation, and optical character recognition. They are available as open-weight models and hosted APIs on sovereign digital infrastructure. This initiative aims to create a common technology layer for India's multilingual education ecosystem.
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