IndiaAI Picks Eight Firms to Power Nation’s Foundational AI Push

The Government of India is expected to announce the forthcoming cohort of beneficiaries under the IndiaAI Mission, with approximately eight indigenous AI enterprises likely to be selected for foundational model development support. Among the anticipated recipients is BharatGen, a consortium comprising researchers from the Indian Institutes of Technology (IITs). This initiative seeks to advance the…

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Rs 35,000 crore FII selloff in August. Can GST reforms, tariff relief and a strong GDP print turn the tide?

Foreign institutional investors (FIIs) pulled out Rs 34,993 crore from Indian equities in August, their sharpest retreat this year, as US tariff shocks and weak June-quarter earnings weighed on sentiment. The outflows pushed year-to-date FII selling past Rs 1.3 lakh crore, raising concerns about India’s place in global portfolios, even as policy reforms and stronger-than-expected…

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