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AI will drive India's double-digit growth, says Akash Ambani

The Business Guardian

|

March 02, 2025

Akash Ambani, Chairman of Reliance Jio Infocomm Limited (RJIL), has called artificial intelligence (AI) the biggest technology change of this generation.

- CORRESPONDENT

Speaking at Mumbai Tech Week 2025 at the Jio World Centre on Friday, he said AI will be the key driver of India's economic growth, helping the country achieve a 10 per cent or double-digit growth rate in the coming years.

During a fireside chat with Dream11 CEO Harsh Jain, Ambani stressed the importance of AI in shaping the future.

"I think AI is the biggest technology change that we have seen in our lifetime till date. And in my view it is the engine that will empower India to grow at 10 per cent or double digit growth numbers for the foreseeable future," he said.

MEER VERHALEN VAN The Business Guardian

The Business Guardian

The Business Guardian

Shankar, Delhi Zoo’s lone African elephant, dies of cardiac failure

Shankar, the only African elephant at the National Zoological Park (NZP), has died of acute cardiac failure, according to preliminary postmortem findings.

time to read

1 min

September 22, 2025

The Business Guardian

The Business Guardian

Report: Global firms take 72% share in India's flex space market

Driven by global demand, India has emerged as one of the world’s most mature flexible office ecosystems, with international firms accounting for a staggering 72 per cent of flex space absorption in 2024, according to Cushman & Wakefield’s Global Trends in Flexible Office 2025 report.

time to read

1 mins

September 22, 2025

The Business Guardian

Noida airport to begin operations by year-end

The Noida International Airport (NIA), being developed as a greenfield aviation hub in Jewar, Gautam Buddh Nagar, is on track to begin operations by the end of this year.

time to read

1 min

September 22, 2025

The Business Guardian

The Business Guardian

GST reform: Relief at home, strength for industry, and resilience abroad

The 56th meeting of the Goods and Services Tax (GST) Council has produced one of the most significant reforms in India’s indirect taxation system since the GST was first rolled out in 2017. By simplifying the rate structure, rationalis-ing anomalies, and offering sweeping relief in critical sectors, the Council has sought to rebalance India's tax regime at a moment when global trade tensions are rising and domestic demand needs fresh momentum.

time to read

4 mins

September 22, 2025

The Business Guardian

The Business Guardian

Ramani Mylavarapu Opens Roots to Rivers with Powerful Performance on Water Pollution at Bikaner House

Hyderabad-based performance artist Ramani Mylavarapu opened her solo exhibition Roots to Rivers at Kalamkaar, Bikaner House, New Delhi, today.

time to read

1 min

September 22, 2025

The Business Guardian

The Business Guardian

Experts: Markets face volatility amid key global, domestic triggers

Market participants in the Indian stock market will be closely eying a host of key global and domestic developments in the coming week, which could drive short-term sentiment and sectoral movements, according to the market experts.

time to read

2 mins

September 22, 2025

The Business Guardian

The Business Guardian

HOW RUMOR MADE 1857 BURN

May 10, 1857— Merrut (a garrison town near Delhi). Some sepoys refuse the cartridges, are punished, and tempers explode. Barracks burn, prison gates open, and rebel troops ride through the night to Delhi.

time to read

8 mins

September 22, 2025

The Business Guardian

The Business Guardian

India’s forex reserves climb by $4.7 bn to hit $702.97 bn

India’s foreign exchange reserves rose by USD 4.698 billion in the week that ended September 12 to USD 702.966 billion, marking the third consecutive weekly increase, the Reserve Bank of India (RBI) said in its latest ‘Weekly Statistical Supplement.’

time to read

1 min

September 22, 2025

The Business Guardian

The Business Guardian

Piyush Goyal unveils guidebook on HSN code mapping

Piyush Goyal, Union Minister of Commerce and Industry, released the Guidebook on Mapping of Harmonized System of Nomenclature (HSN) Codes prepared by the Department for Promotion of Industry and Internal Trade (DPIIT) on Sunday during an event on \"Celebrating 10 Years of Make in India and Discussion on Next Gen-Reforms 2.0\" in New Delhi.

time to read

2 mins

September 22, 2025

The Business Guardian

The Business Guardian

BPCL'S MAK LUBRICANTS HONORS MECHANICS WITH NATIONWIDE RADIO CAMPAIGN

BPCLs MAK Lubricants launches nationwide radio campaign to honor India’s mechanic community.

time to read

2 mins

September 22, 2025

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