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India’s Enterprise AI Investment Surges 119%, Governance Lags: Report

India’s enterprise AI investment rose 119 per cent, but only 22 per cent of enterprises have AI testing, auditing and risk-assessment processes, ServiceNow said.

NITI Aayog Pushes Strategic Electrification of India’s Key Freight Corridors

NITI Aayog has urged strategic electrification of key freight corridors, highlighting blended finance, leasing models and stronger data systems to accelerate electric truck adoption.

Defence Ministry Approves Rs 1.10 Lakh Crore Military Acquisition Proposals

The Defence Acquisition Council has approved capital acquisition proposals worth nearly Rs 1.10 lakh crore for India’s armed forces, with 98% of procurement planned from Indian industry.

Pixxel Raises $100 Million in Series C, Total Funding Reaches $195 Million

Indian spacetech startup Pixxel raises $100 million in Series C funding, its largest single funding round, to expand satellite sensing, Earth intelligence and space systems.

South Korea’s Exports to India Surge 30.8% to $16.8 Billion on Chip Demand

South Korea’s exports to India rose 30.8% year-on-year to $16.8 billion in January-August, driven by strong semiconductor demand and India’s growing AI and data centre investments.

Coal Loading to Power Sector Rises to 444 Rakes, Shows Consistent Upward Trend: Govt

Coal loading to the power sector increased from 370 rakes on September 3 to 444 rakes on September 6, a net rise of 74 rakes per day, the government said.

US Ambassador Sergio Gor Launches TRUST Fellowship for India-US Critical Tech Collaboration

US Ambassador Sergio Gor has launched the TRUST Fellowship to promote collaborative research between US and Indian researchers in AI, semiconductors, quantum computing and biotechnology.

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