India's IT minister has praised Chinese startup DeepSeek for shaking up the sector with its low-cost AI assistant, likening its frugal approach to his government's efforts to build a localized AI model.

Speaking to media, Vaishnaw said that the Indian AI model is a timely step as India is a trusted nation among the comity of nations and therefore it will help India emerge as a more reliable technological powerhouse of ethical AI solutions in the days to come.

The Economic Survey 2024-25 highlights the rapid adoption of AI in India's services sector, making significant impacts in banking, finance, healthcare, telecom, retail, and transport. AI enhances customer experiences,

The Union Budget 2025 must focus on establishing institutions and projects to build language models (LLMs) that reflect India’s values of diversity, inclusivity, and affordability, suggests Mihup Co-founder and CEO Tapan Barman.

The rapid advancement of artificial intelligence (AI) technologies presents both “unprecedented opportunities and significant challenges” for labour markets worldwide, the Economic Survey 2024-25 noted,

As India works to solidify its standing as a global tech powerhouse, industry leaders expect that the budget will introduce policy measures aimed at fostering innovation, enhancing infrastructure, and

India’s demographic advantage and diverse economic landscape position it uniquely to benefit from AI, the Economic Survey for 2024-25 tabled in the Parliament on Friday afternoon asserted. However, achieving these benefits requires significant investments in education and workforce skilling,

The Survey proposed the concept of “stewarding institutions,” which would be “agile, crosscutting across sectors and up to date on the latest developments, so that they are equipped to identify both opportunities and threats.

If businesses rush to automate without considering long-term implications, the report warns, India could face mounting demands for policy intervention and government support

Data from the periodic labour force survey shows that India’s urban unemployment rate declined further to 6.4 percent in the second quarter of the current fiscal compared with 6.6 percent in the previ

India needs to grow at 8 per cent for up to two decades to become a developed nation by 2047, the Economic Survey said on Friday, pitching for a slew of reforms, including land and labour, to achieve the ambitious target.