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BUSINESS

AI Must Deliver Practical Benefits for Ordinary Indians: Ambassador Vinay Kwatra

India’s Ambassador to the US, Vinay Kwatra, said artificial intelligence will gain scale in India only when it delivers practical outcomes for ordinary citizens and businesses. Speaking at the Ideas4India forum in Seattle, Kwatra stressed that India’s AI adoption must reflect its development needs, infrastructure and ability to absorb new technology. He also highlighted the roles of government and businesses in building AI capabilities, while Microsoft CEO Satya Nadella emphasised the importance of making AI accessible to people across India.

Maharashtra Forms Vijay Kelkar Panel to Tackle Fiscal Stress, Boost State Revenues

Maharashtra Chief Minister Devendra Fadnavis has announced the formation of the Maharashtra Sustainable Public Finance Committee, headed by economist and former Union Finance Secretary Vijay Kelkar. The panel will suggest measures to strengthen tax and non-tax revenues, plug leakages, improve public spending and reduce dependence on borrowings as the state pursues its long-term growth targets.

UPI

UPI fee row erupts as Opposition alleges US pressure, govt rejects charge

Rahul Gandhi and other Opposition leaders demand rollback of MDR on high-value merchant payments, while government says UPI remains free for customers and small merchants.

PSA Reviews Framework to Optimise Urban Waste Management and Cut Carbon Emissions

Principal Scientific Adviser Ajay Kumar Sood reviewed a project developed by IISc Bengaluru, IIT Madras and IIT (BHU) Varanasi to improve solid waste management in Indian cities. The initiative includes a Life Cycle Assessment framework and web-based GHG calculator to help Urban Local Bodies assess emissions, compare waste management options and plan low-carbon, climate-resilient systems.

PM Modi’s 76th Birthday: Top Ministers Highlight Reforms, Welfare and Economic Growth

On Prime Minister Narendra Modi’s 76th birthday, Union ministers Ashwini Vaishnaw, Piyush Goyal, Hardeep Singh Puri and Jyotiraditya M Scindia extended greetings and highlighted reforms, welfare schemes, infrastructure, energy initiatives and economic policies undertaken during his tenure.

PM Modi Turns 76: 7.8% GDP Growth, $785.7 Billion Forex Reserves and Other Key Numbers

Prime Minister Narendra Modi turns 76 as India records several key economic and infrastructure milestones. Real GDP grew 7.8% in Q1 FY27, while forex reserves reached a record $785.7 billion. Jan Dhan beneficiaries crossed 59.21 crore, the national highway network expanded to 146,572 km and DPIIT-recognised startups surpassed 2.47 lakh.

Centre Cuts Windfall Tax on Petrol, Diesel and ATF Exports

The Centre has reduced windfall tax and export levies on petrol, diesel and aviation turbine fuel (ATF) as part of its fortnightly review of petroleum product duties. Domestic petrol and diesel excise duty rates remain unchanged.

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