An IIT Madras spinoff focused on AI-accelerated pharmaceutical drug discovery raised $40 million in a Series B funding round from global health tech investors.
Category: Business
India Retail Lending Boom Raises Consumer Spending Sustainability Questions Says RBI
Economists flagged that the rapid rise in Indian household debt to 41.3 percent of GDP raises questions about whether consumer spending can continue driving economic growth.
India’s NDA Government Completes 12 Years with PM Modi Highlighting Farmer Welfare Achievements
Prime Minister Modi marking the NDA government’s 12-year anniversary highlighted income support crop insurance technology adoption and record foodgrain production as key agricultural achievements.
India’s Russia Oil Imports Decline Structurally as Diversification Strategy Gains Momentum
Data showed India’s Russian oil imports have begun to decline structurally as the government pushed for a more diversified oil import strategy from Gulf and other sources.
India’s MSME Sector Records 17 Percent Growth Supported by Government Guarantee Schemes in FY26
India’s micro small and medium enterprises expanded by 17 percent in 2025-26 driven by government-backed credit guarantee programs that improved access to formal financing.
Global AI Compute Race Heats Up as Google and Anthropic Compete for SpaceX GPU Capacity
The announcement of two massive compute deals between SpaceX and Anthropic and then SpaceX and Google signalled an intensifying global race for AI computing infrastructure.
US Markets Show Mixed Signals After Iran Deal Signing as Investors Weigh Peace vs Uncertainty
U.S. equity markets showed mixed signals as investors weighed the potential economic benefits of the Iran peace agreement against uncertainties about implementation and geopolitical risks.
India New MoU with France in AI Climate Action and Civil Nuclear Energy Signed at G7
France and India formalised a cooperation agreement on artificial intelligence climate action and civil nuclear energy on the sidelines of the G7 summit in Evian.
India’s Exports to African and Latin American Markets Post Record Growth in FY2026-27
India’s export diversification strategy paid off in FY2026-27 with exports to Africa and Latin America posting record growth rates driven by pharmaceuticals textiles and agri products.
US Student Loan Repayment Push: Trump Admin Targets Near-$2 Trillion Federal Debt Burden
The Trump administration launched a fresh drive to restart stalled student loan repayments as federal student loan debt approaches the $2 trillion threshold.