Reliance Jio has introduced a new JioBharat offer to mark its tenth anniversary. This initiative provides a path for users to upgrade to 4G network services. The offer is aimed at expanding affordable 4G connectivity across India. It continues Jio's strategy of driving digital inclusion in the market.
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Elon Musk will co-lead Project Meridian, a new US Department of Defense initiative focused on warfare technology. The project aims to develop and integrate artificial intelligence systems for military applications. This collaboration was reported by the Economic Times, though specific start dates were not provided. The move signifies deepening ties between the Pentagon and leading tech innovators to modernize defense capabilities.
Massive foreign capital inflows into India's bond market are influencing the Reserve Bank of India's monetary policy considerations. These inflows, totaling $133 billion since a key index inclusion was announced, have strengthened the rupee and boosted liquidity. The RBI's upcoming rate-setting meeting will factor in these inflows alongside domestic inflation trends. This situation creates a complex environment for policymakers balancing currency stability with price control.
Telangana's food safety authority conducted raids on 16 dark stores used by quick-commerce companies. The raids occurred on Thursday across Hyderabad. Officials found violations of food safety and hygiene standards. As a result, the department suspended the operating licenses of four establishments. The action was taken to ensure consumer safety and regulatory compliance.
Google has launched its Fitbit Air wearable device in the Indian market. The fitness tracker was announced on Friday and is now available for purchase. The device features health and activity monitoring capabilities. It is priced starting at Rs. 3,999.
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