Reliance Industries Chairman Mukesh Ambani on Thursday announced an investment of ₹10 trillion over the next seven years to build artificial intelligence (AI) infrastructure and services in India.

"Jio will now connect India with the intelligence era. We will deliver intelligence to every citizen, every sector of the economy and every facet of social development and every service of government," Ambani said during the keynote address at AI Impact Summit in New Delhi.

After two days of uncertainty, the Gates Foundation India on Thursday said that founder Bill Gates will not deliver his previously scheduled keynote at the India AI Impact Summit in New Delhi. The foundation, however, did not specify the reason for his withdrawal, saying only that the decision was made "to ensure the focus remains on the AI Summit’s key priorities".

Microsoft on Wednesday said it ​is on pace ​to invest $50 billion by ‌the end of the decade to help expand AI to countries across the 'Global South'.

The announcement was made at the AI summit in New Delhi, ‌where top executives from global AI giants meet several world leaders this week.

The Congress on Wednesday cited an Organised Crime and Corruption Reporting Project report to allege the use of benami funds to amass large stakes in the Adani Group by two of its close associates, and claimed that Prime Minister Narendra Modi has "stonewalled" the party's demand for a JPC to investigate all aspects of the "scam" involving the conglomerate.

The Election Commission of India (ECI) on Wednesday announced the schedule for the upcoming biennial elections to the Council of States (Rajya Sabha) to fill the 37 seats across 10 states, as the members are set to complete their term in April 2026, a press note stated.

According to the press note, the term of 37 members who were elected from Maharashtra, Odisha, Tamil Nadu, West Bengal, Assam, Bihar, Chhattisgarh, Haryana, Himachal Pradesh.

For Nestlé SA, the baby-formula crisis that has sparked the largest recall in its history is a scandal it could have done without.

The tainted infant-milk mess, triggered by a contaminated ingredient, came as the world’s biggest food company was already struggling to revive its shares from their multi-year lows.

Indian-American entrepreneur and venture capitalist Vinod Khosla made a bold prediction that by 2050, people may not need jobs as artificial intelligence makes rapid gains.

Speaking during a firechat conversation with Mohit Bhatnagar, the managing director of Peak XV, at the AI Impact Summit on Tuesday, Khosla said, “By 2050, it'll be very clear that nobody needs jobs because with enough production of goods and services that are near free, you won't need jobs.

Union Agriculture Minister Shivraj Singh Chouhan on Tuesday said the recent India-US trade deal was finalised after careful consideration and the government has ensured that no decision would harm the farming community.

Speaking at a programme in Jaipur, he said, "I am speaking with full responsibility as the Agriculture Minister of India. In the trade agreement, we have taken complete care of the interests of Indian farmers. It has been ensured that there will be no loss for India's farming community," he said.

India's top car maker, Maruti ​Suzuki, launched its ​maiden electric vehicle on ‌Tuesday, accompanied by a battery rental plan.

The company said its e-VITARA SUV would be priced at 1.1 million rupees (around $12,100), with the battery ‌priced at 3.99 rupees per kilometre. It did not share further details.

India needs to embrace new technology and can save up to Rs 20,000 crore by using AI for cargo handling at ports, said Member of Economic Advisory Council to PM Gourav Vallabh on Tuesday.

Speaking at session 'AI-Powered Ports: Reimagining Efficiency and Operations' at the AI Impact Summit here, Vallabh said India is emerging as a global leader in the field of new technology.

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