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The International Monetary Fund has expressed strong confidence in India’s economic trajectory and its emerging role in artificial intelligence, with Managing Director Kristalina Georgieva describing the country as one of the major global forces shaping the future of AI.Speaking on India’s recent performance, Georgieva said the IMF holds “admiration for India” for the way it has developed over the past several years, particularly through sustained economic reforms, the creation of digital public infrastructure, and the expansion of a highly skilled information technology workforce.According to her, India’s progress has been driven by “fabulous reforms” and the deliberate building of digital systems that have scaled efficiently and inclusively. These foundations, she noted, place India in a strong position as artificial intelligence becomes a central driver of productivity and economic growth worldwide.Georgieva also addressed a recent moment of confusion during the discussion, clarifying that any perceived uncertainty around India’s AI prospects did not reflect the IMF’s assessment. She said the speculation came from a moderator’s framing rather than the Fund’s own view, stressing that the IMF sees India as “one of the major forces in developing AI.”The IMF chief underscored why this assessment matters in a global context. Artificial intelligence, she said, has…  ​Read More​YourStory RSS Feed

India could soon have its own global smartphone brand comparable to Apple, according to Ashwini Vaishnaw, who made the statement on the sidelines of Davos2026.Speaking about the rapid evolution of India’s electronics manufacturing sector, Vaishnaw said the country has reached a stage where it is ready to move beyond contract manufacturing and assembly, and towards building full-fledged Indian mobile phone brands.“Now that we have a very substantial electronics ecosystem in our country, this is the time when we will be going for getting our own Indian brands in mobile phones,” the IT Minister said. He added that the government and industry have already completed much of the groundwork required to make this transition.According to Vaishnaw, extensive discussions were held over the past two days with the entire electronics ecosystem — including companies that manufacture the thousands of components that go into a modern smartphone. These meetings, he said, reflect how deeply integrated India’s supply chain has become, spanning semiconductors, displays, batteries, camera modules, and precision components.“It’s a very happy, very satisfying progress,” Vaishnaw noted, signalling confidence that Indian companies are now capable of designing, engineering, and branding their own devices, rather than relying solely on foreign brands.He indicated that Indian…  ​Read More​YourStory RSS Feed

Life is a powerful teacher—but it is also an expensive one. Some lessons arrive only after loss, regret, or years of emotional wear. Experience teaches, yes, but it often teaches late, quietly, and without explanation. By the time we understand the lesson, the moment to act differently may have already passed.Books offer something rare: borrowed wisdom. They allow us to step into lives we haven’t lived, mistakes we haven’t made, and consequences we haven’t yet faced. Through stories, memoirs, and ideas shaped by reflection, books compress decades of experience into a few hundred pages. They don’t just show what happened, they explain why it mattered.This is why reading is not an escape from life, but a preparation for it. Books help us recognise patterns, understand emotions before they overwhelm us, and learn lessons without paying their full price. They don’t replace experience, but they sharpen it, soften it, and sometimes save us from it.How reading prepares us for life’s hardest lessons1. Books let us learn from mistakes without making themExperience teaches through failure. Books teach through observation.When we read about broken relationships, reckless ambition, misplaced trust, or ignored intuition, we witness consequences without suffering them ourselves. A novel about betrayal…  ​Read More​YourStory RSS Feed

The Karnataka High Court has reversed a ban on bike taxi services in the state imposed by it in April…

Amazon plans to carry out another round of layoffs next week, with the goal of eliminating some 30,000 jobs from its corporate workforce. The...

There comes a quiet moment in almost everyone’s life when success no longer feels enough, routines feel hollow, and you begin asking deeper questions. Why am I doing this? What actually matters to me? Is this all there is?That moment isn’t confusion—it’s awareness.Finding your purpose doesn’t mean discovering one grand destiny overnight. More often, it’s a slow process of understanding yourself, your values, and the kind of life that feels meaningful to you. Books have a unique power in this journey. They don’t give direct answers; instead, they ask the right questions. They reflect your doubts back to you and help you see patterns you didn’t notice before.The books on this list are not about quick motivation or surface-level positivity. They are thoughtful, honest, and deeply reflective. Some are philosophical, some practical, and some quietly transformative. Each one offers a different doorway into understanding who you are and what gives your life direction.If you’re feeling lost, restless, or simply curious about living with more intention, these books can help you reconnect with your inner compass.Books to help you live with more intention1. Man’s Search for Meaning by Viktor E. FranklFew books explore purpose as powerfully as this one. Written by…  ​Read More​YourStory RSS Feed

Fintech startup Juspay has raised $50 Mn (around INR 415 Cr) in its Series D follow-on funding round at a…

Payments infrastructure provider Juspay has secured $50 million in a Series D follow-on investment from WestBridge Capital, valuing the company at $1.2 billion, as it looks to expand its global footprint.The transaction comprises both primary and secondary investments, providing liquidity to early investors and employees holding stock options, the Bengaluru-based company said in a statement. This marks the second such liquidity event Juspay has enabled in the past year.The funding comes after a year of growth in transaction volumes. Juspay said its annualised total payment volume has crossed $1 trillion, with the platform processing more than 300 million transactions every day for clients including Amazon, Flipkart, Google, HSBC, IndiGo, Swiggy, and Zurich Insurance.Founded in 2012, Juspay provides payment infrastructure to enterprises and banks, positioning itself as a modular and interoperable platform that supports multiple payment systems. The company has expanded beyond India, and it now operates across Asia-Pacific, the Middle East, Latin America, Europe, the UK and North America.Also ReadJuspay bags $60M in a round by Kedaara Capital, valuation more than doubles“Our focus over the last decade has been on solving the core complexities of global payments through first-principles engineering & design,” said Sheetal Lalwani, Co-founder and Chief Operating Officer…  ​Read More​YourStory RSS Feed

As policy gears shift, old prejudices resurface, grinding against lives built across borders. Visa Rules, Rising Friction A growing wave of hostility toward Indian professionals and businesses in the United States has followed recent changes to the country’s skilled-worker visa regime, experts told the Financial Times. The backlash has been linked to revisions introduced by the Trump administration in September that reshaped the H-1B visa programme. Under the revised framework, applicants now face an application fee of $100,000 and a wage-based selection system that favours higher-paid roles. The administration has defended the changes as necessary to “protect American workers”. From February, the rules are set to tighten further, with US authorities prioritising the highest-paid, Level-IV H-1B applicants, narrowing pathways for many skilled migrants. As the new system took effect, several large American companies, including FedEx, Walmart and Verizon, became targets of online abuse. Social media users accused the firms of illegally selling jobs to Indian workers. Raqib Naik, executive director of the Center for the Study of Organised Hate, said some of the attacks appear to be coordinated campaigns. He noted that Indian American entrepreneurs who accessed government-backed Small Business Administration loans have been particularly targeted. Naik warned that discrimination…  ​Read MoreBusiness Archives - Trak.in - Indian Business of Tech, Mobile & Startups

Like two flight paths converging mid-air, long-familiar partners are charting a clearer course together. A Framework for Deeper Skies Air India has signed a commercial cooperation framework agreement with joint-venture partner Singapore Airlines (SIA), signalling a significant step toward deeper operational and commercial integration. The agreement was signed in Mumbai on Friday by Air India chief executive officer and managing director Campbell Wilson and Singapore Airlines chief executive officer Goh Choon Phong. Announcing the development, Air India said, “Air India and Singapore Airlines (SIA) have signed a commercial cooperation framework agreement, which will pave the way for them to deepen their long-standing partnership through definitive joint business agreements. This strengthened collaboration allows the airlines to explore ways to improve connectivity between Singapore and India, delivering greater choice and benefits for customers.” Under the framework, both carriers plan to enhance passenger experience through expanded route options, smoother connections and better-aligned flight schedules. Travellers are expected to benefit from easier itinerary planning, including the ability to book journeys across both airlines as a single, integrated ticket. The cooperation is also aimed at upgrading products and services, reinforcing Air India’s broader transformation efforts as it rebuilds its global network. Currently, Air India and…  ​Read MoreBusiness Archives - Trak.in - Indian Business of Tech, Mobile & Startups