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IBM, MeitY Startup Hub sign MoU to boost India’s deep-tech startup ecosystem

Oct 13, 2026

Mumbai, Oct 12 (IANS) IBM and MeitY Startup Hub (MSH), an initiative of the Ministry of Electronics and Information Technology (MeitY), have signed a Memorandum of Understanding (MoU) aimed at accelerating the growth of India's deep-tech startup ecosystem through technology access, mentorship, skilling support and enterprise engagement…

India regulating AI without stifling innovation and investment: IBM’s Sandip Patel

Oct 13, 2026

Mumbai, Oct 13 (IANS) India is taking a very smart approach to regulation when it comes to artificial intelligence (AI), regulating to the point where they are not stifling innovation and investment, Sandip Patel, MD, IBM India and South…

Business

IMF cuts China’s growth forecast to 4.5 pc amid weak demand

Oct 13, 2026

New Delhi, Oct 13 (IANS) The International Monetary Fund (IMF) on Tuesday lowered its forecast for China’s economic growth in 2026 to 4.5 per cent, citing persistent weakness in domestic demand despite strong export performance, a report…

Business

US lawmakers escalate pressure on DHS over Xinjiang-linked forced‑labour imports

Oct 13, 2026

New Delhi, Oct 13 (IANS) A popular collectible toy Labubu dolls has become the focal point of a broader US debate over Chinese supply chains, forced labour and the practical limits of import enforcement and US lawmakers intensified pressure…

Business

India’s fintech industry raises $2.2 billion in Jan-Sep: Report

Oct 13, 2026

New Delhi, Oct 13 (IANS) India’s fintech sector raised $2.2 billion in the first nine months of 2026 (January 1, 2026–September 30, 2026), up 14 per cent from $1.9 billion in the same period a year earlier, a report said on Monday.The…

Business

NPCI defers UPI MDR rollout until after Diwali, fintech stocks rebound

Oct 13, 2026

New Delhi, Oct 13 (IANS) The National Payments Corporation of India (NPCI) on Tuesday deferred the implementation of Merchant Discount Rate (MDR) on select Unified Payments Interface (UPI) merchant transactions until after Diwali, providing…

Business

India, Czech Republic review defence industrial cooperation and joint ventures

Oct 13, 2026

New Delhi, Oct 13 (IANS) Defence Minister Rajnath Singh on Tuesday held talks with Czech Republic Deputy Prime Minister and Minister of Industry and Trade Karel Havlicek here with the two sides reviewing the full spectrum of bilateral…

Business

Rupee jumps 77 paise, logs sharp gains for second day after RBI measures

Oct 13, 2026

New Delhi, Oct 13 (IANS) The Indian rupee appreciated by 77 paise against the US dollar in early trade on Tuesday supported by RBI measures aimed at reducing immediate dollar demand and curbing excessive positions in the foreign exchange…

Business

India’s flexible office market likely to hit 160 MSF by 2030: Report

Oct 13, 2026

New Delhi, Oct 13 (IANS) India has retained its position as the world’s most mature flexible office market and is expected to cross the 100 MSF mark in 2026, expanding to approximately 160 million square feet by 2030, a report said on…

Business

IMF flags impact of US-China tariff war

Oct 13, 2026

Washington, Oct 13 (IANS) The International Monetary Fund (IMF) has said that steep tariffs imposed by the United States and China have sharply reduced bilateral trade, but businesses in both countries have managed to cushion the impact by…

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