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ChatGPT Soars in India, But Revenue Trails

India has become ChatGPT’s fastest-growing market, but despite this remarkable uptake, OpenAI is struggling to turn engagement into revenue. According to a new report from TechCrunch, citing third-party data, ChatGPT has seen massive downloads in India, but user spending remains modest when compared to...
Technology

Featured

Recent updates

Rachita Kapoor: Zero-Trust and the Evolution of Security Audits

With financial services being a high-risk sector, the importance of security audits, regulatory frameworks, and evolving defense strategies has never been greater. In an exclusive interview with CXO XPERTS, cybersecurity specialist Rachita Kapoor shares her insights on the biggest challenges in financial security audits, India’s preparedness for cyber incidents, the future of security assessments, and the role of Zero-Trust models in financial cybersecurity. With financial services...
WomenInTech

BFSI

Patanjali, DS Group Acquire Magma Insurance

Patanjali Ayurved and Dharampal Satyapal Group (DS Group) have acquired a 98% stake in Magma General Insurance for ₹4,500 crore, marking a significant expansion into...
BFSI

SBI Pushes for Banks to Offer Equity to Startups

State Bank of India (SBI) Chairman C.S. Setty has called for the development of an ecosystem that enables banks to provide equity support to startups,...
BFSI

RBI Relaxes Loan Rules for Microfinance and NBFCs

The Reserve Bank of India (RBI) has partially rolled back stricter lending rules for small borrowers and non-bank lenders, following recent policy adjustments aimed at...
BFSI

RETAIL & E-COMMERCE

Quick Commerce Dominates India’s E-Grocery Scene

India's quick commerce sector recorded a significant milestone in 2024, accounting for more than two-thirds of all e-grocery orders, according to a new report by...
Retail & E-Commerce

India’s E-Retail Market to Hit $190B by 2030

India’s e-retail sector is poised for significant expansion, with gross merchandise value (GMV) projected to reach $170–$190 billion by 2030, according to a report by...
Retail & E-Commerce

BIS Raids E-Commerce Warehouses Over Unsafe Products

The Bureau of Indian Standards (BIS) has launched a major crackdown on the sale of unsafe, non-certified products through leading e-commerce platforms, including Amazon and...
Retail & E-Commerce

News

KPMG: Healthcare Leaders See Business Value in AI

A majority of healthcare technology leaders believe artificial intelligence is no longer just a buzzword—it’s delivering measurable business value. According to a newly released report by KPMG— Global Tech Report: Healthcare Insights, 66% of health tech executives say their organisations are already seeing tangible returns from multiple AI use cases. Based on inputs from 122 global healthcare tech leaders and drawn from a larger survey...
Healthcare

HEALTHCARE

Meta Eyes $1B Data Center in Wisconsin

Meta Platforms is reportedly planning to invest nearly $1 billion in a new data center project in central Wisconsin, a move aimed at ramping up...
IT/ITES

Indian Metal Firms Go Local Amid Global Tariff Heat

Indian metal companies are poised for strong domestic expansion in FY26, showing resilience in the face of external trade headwinds such as US-imposed tariffs. Firms...
Manufacturing

Microsoft Pauses Data Centre Growth Amid AI Rethink

Microsoft is scaling back its global data centre expansion, marking a strategic shift in its infrastructure investments as it adapts to the evolving landscape of...
IT/ITES

MANUFACTURING

US Tariffs Unlikely to Impact India’s PV Exports: ICRA

India’s passenger vehicle (PV) exports are unlikely to be materially affected by the recent round of US tariffs, according to credit ratings agency ICRA. This...
Manufacturing

India Tightens Steel Import Rules

India has introduced new procurement rules aimed at protecting and promoting the domestic iron and steel industry. The move comes amid mounting concerns over a...
Manufacturing

Textile PLI Scheme Scales Up, 24 MSMEs Onboard

The central government has begun pan-India implementation of the Production Linked Incentive (PLI) Scheme for Textiles, aimed at boosting domestic manufacturing of man-made fibre (MMF)...
Manufacturing

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News

ChatGPT Soars in India, But Revenue Trails

India has become ChatGPT’s fastest-growing market, but despite this remarkable uptake, OpenAI is struggling to turn engagement into revenue. According to a new report from TechCrunch, citing third-party data, ChatGPT has seen massive downloads in India, but user spending remains modest when compared to global figures—especially those from the United States. Rapid Growth, Limited Conversion Data from analytics firm SensorTower indicates that Indian users have spent...
Technology

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