“We have upgraded our FY27 growth forecast to 7.1% from 6.6% in April, as growth has held up better than expected despite trade and geopolitical uncertainties,” the World Bank said in its latest India Development Update. File The World Bank on Tuesday (October 6, 2026) raised India’s Gross Domestic Product (GDP) growth forecast for the…

Hinduja Tech Ltd., the mobility-focused engineering and R&D technology company, has appointed Faiz Ahmad as its Chief Executive Officer with effect from November 1, 2026. Mr. Ahmad will succeed Kumar Prabhas, who will retire as CEO on October 31 after nine years at the helm, the company, a subsidiary of Ashok Leyland, said in a…

OpenAI will begin adding an invisible watermark to eligible text generated by ChatGPT and Codex in the European Union (EU), as the company moves to comply with transparency requirements under the EU’s AI Act. The company said the rollout would take place over the coming weeks and apply to eligible users across all ChatGPT and…

The Centre will propose a five-pronged plan for the next set of reforms to the Goods and Services Tax (GST) system at the upcoming GST Council meeting on October 8, according to sources in the Ministry of Finance.  These reforms are aimed at automating and easing a lot of the current administrative bottlenecks in the…

Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto The Union Cabinet on Tuesday (October 6, 2026) approved the proposal by the Ministry of Finance to commit ₹10,000 crore of central government funding for the setting up of a Small and Medium Enterprises (SME) Growth Fund in line with a proposal in Budget…

The Centre will propose a five-pronged plan for the next set of reforms to the Goods and Services Tax (GST) system at the upcoming GST Council meeting on October 8, according to sources in the Ministry of Finance.  These reforms are aimed at automating and easing a lot of the current administrative bottlenecks in the…