Tag: Budget 2026
Sarvam AI Startup Programme Fuels Indic AI Builders
Sarvam AI has introduced the Sarvam Startup Programme, providing early-stage companies with up to 12 months of API credits, priority engineering support and production-ready infrastructure to build multilingual AI applications without backend complexities. Founders Vivek Raghavan and Pratyush Kumar positioned the initiative to empower India’s developer ecosystem with high-quality models fluent in 22+ Indian languages and English, enabling full agency in creating voice agents,...
Oracle Layoffs Fund AI Data Centre Push Amid Cash Squeeze
Oracle is planning thousands of job cuts across divisions as it grapples with a cash crunch from aggressive AI data centre buildout to support major clients including a $300 billion OpenAI agreement, xAI and Meta, as Bloomberg News first reported. The reductions, potentially broader than typical rolling cuts, may begin this month and target roles expected to diminish under AI automation, coinciding with an...
Budget 2026: ₹10,000 Crore Startup Fund of Funds, Deep Tech Pool
Budget 2026 has provided a fresh ₹10,000 crore allocation to the Fund of Funds for Startups (FoF), to be deployed through SEBI-registered Alternative Investment...
Budget 2026 Allocates ₹73,990 Crore for Telecom, Introduces Risk Guarantee Fund
The Union Budget 2026 has allocated ₹73,990 crore to the telecom sector, with funding directed towards rural broadband under BharatNet and network modernisation of...
Budget 2026: 6G Gets First Explicit Incentive Framework
The Union Budget 2026 has introduced a 6G Innovation-Linked Incentive (ILI) framework, marking the first explicit government move towards commercialisation of sixth-generation wireless technologies....
Budget 2026: Data Protection Board Gets ₹10 Crore, DPDP Enforcement Begins May 2026
The Union Budget 2026 has allocated ₹10 crore to the Data Protection Board of India (DPB), a five-fold increase from ₹2 crore in FY25–26....
Budget 2026: National GCC Framework Moves Beyond Bangalore to Tier-II/III Tech Hubs
The Union Budget 2026 has signalled the operational rollout of the National Global Capability Centre (GCC) Guidance Framework, which was announced in Budget 2025...
Budget 2026 Doubles ECMS Outlay to ₹40,000 Crore, Signals Component Manufacturing Boom
The Union Budget 2026 has increased the allocation for the Electronics Components Manufacturing Scheme (ECMS) to ₹40,000 crore, up from ₹22,919 crore, marking a...
Budget 2026 Launches India Semiconductor Mission 2.0 with ₹1,000 Crore Allocation
The Union Budget 2026 has announced India Semiconductor Mission (ISM) 2.0 with an allocation of ₹1,000 crore for FY27. The new phase builds on...
Budget 2026: National Quantum Mission Gets 50% Funding Boost to ₹900 Crore
The Union Budget 2026 has increased the allocation for India’s National Quantum Mission to ₹900 crore, up from ₹600 crore in Budget 2025, marking...
Budget 2026: Cloud Tax Holiday Extended to 2047; IT Safe Harbour Threshold Rises 10x
The Union Budget 2026 has extended a 21-year tax holiday, valid until 2047, for foreign cloud service providers that use Indian data centres to...
IndiaAI Mission Allocated ₹1,000 Crore in Budget 2026
The Union Budget 2026 has allocated ₹1,000 crore to the IndiaAI Mission, lower than the ₹2,000 crore provided in the previous year. Actual expenditure...
Logistics Council Seeks 40% AI Skilling Hike for Job Surge
India added 8.7 lakh jobs in Q2 2026 per the Economic Survey, pushing total employment to 56.2 crore amid rising labour force participation. The...
