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India’s AI moment

Business Standard

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February 16, 2026

Summit can pave the way for accountable Al at scale

‘The Al Impact Summit in New Delhi this week comes when artificial intelligence (AD) is being rapidly adopted across the world.

The government's ambition is clear: Toposition India as a credible voice in the global Al landscape, largely dominated by the United States (US) and China. With participation from over 100 countries, the Summit is meant to amplify the Global South’s voice, attract capital, and shape rules that do not simply mirror western priorities or Chinese state-led models. In this respect, India has strengths to build on. It is among the world’s largest consumer markets for Al tools, with rapid adoption across firms and households. This demand pull is already drawing unprecedented commitments from global technology giants. Amazon has pledged over $35 billion through 2030, Microsoft $17.5 billion over four years, and Google $15 billion for what will be its largest AI and data-centre hub outside the US. India’s digital public infrastructure, low-cost data, and regulatory stability after the Digital Personal Data Protection Act have strengthened investor confidence.

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Business Standard

Tariff cuts in FTAs likely to cost India ₹1 trillion in FY27

India’s customs duty forgone on account of preferential tariff reductions under free-trade agreements (FTAs) signed so far may cross ₹1 trillion in 2026-27 (FY27), according to the Budget documents.

time to read

2 mins

February 16, 2026

Business Standard

India will transit from global back office to strategic AI partner: Vaishnaw

Indian consumers are one of the largest users of AI.

time to read

2 mins

February 16, 2026

Business Standard

Business Standard

Addressing nutrition along with hunger

Are modern high-yielding varieties of grains less nutri- tive than traditional desi crops? This is a common per- ception that seems largely, albeit not wholly, well founded.

time to read

3 mins

February 16, 2026

Business Standard

BPCL unfazed by geopolitics, to buy crude on techno-commercial merit

State-run Bharat Petroleum Corporation (BPCL) will source crude oil purely on ‘techno-commercial’ considerations amid evolving geopolitical dynamics, Chairman and Managing Director Sanjay Khanna told Shubhangi Mathur in an in-person interaction.

time to read

2 mins

February 16, 2026

Business Standard

'Don't see major impact of proposed mis-selling norms'

Following Axis Max Life Insurance’s Q3FY26 earnings, Sumit Madan, managing director (MD) and chief executive officer (CEO) of the company, spoke to Aathira Varier and Subrata Panda in a video interview about the Reserve Bank of India’s (RBI's) proposed guidelines on mis-selling and their likely impact on the company and the sector, the firm’s business plans going forward, and the status of its reverse merger with Max Financial Services, among other issues. Edited excerpts:

time to read

3 mins

February 16, 2026

Business Standard

How Vietnam shaped the civil rights movement

‘The New York Times war correspondent David Halberstam caught the pulse of his era when he observed, in 1964, that there were parallels between America’s misbegotten adventure in Vietnam and the struggle for civil rights in the murderous, Klan-infested state of Mississippi.

time to read

3 mins

February 16, 2026

Business Standard

OMCs, banks drove India Inc's steepest profit rise in 8 qtrs

Corporate earnings in October-December 2025 (Q3FY26) were better than expected owing to a surge in the profits of public-sector oil-marketing companies (OMCs), banks, non-bank lenders, and firms in the business of metals and mining.

time to read

3 mins

February 16, 2026

Business Standard

Business Standard

SGB issue: Why tax certainty matters

Imagine a cricket Test match where the host prepares two pitches — a green top for fast bowlers and a dry track for spinners.

time to read

3 mins

February 16, 2026

Business Standard

MFs double down on private banks

Mutual funds (MFs) stepped up buying in private-sector bank stocks amid January's market turbulence, deploying significant capital into the segment.

time to read

1 min

February 16, 2026

Business Standard

SC remarks may help strengthen Rera, real estate industry

The Supreme Court’s (SC’s) recent remarks on the Real Estate Regulatory Authority (Rera) are expected to impact the real estate sector by shifting the focus from the strength of the law to the seriousness of its enforcement, experts say.

time to read

2 mins

February 16, 2026

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