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AI Shakeup: $283 billion Indian outsourcing sector can shed 5 million jobs

AI Shakeup: $283 billion Indian outsourcing sector can shed 5 million jobs

by AIP Online Bureau | Aug 8, 2025 | Articles, Eco/Invest/Demography, Risk Management, Technology

“With cost optimization being the key driver for new deal wins, clients are asking for productivity benefits – a trend which is also growing due to the rise in AI adoption. This requires IT firms to do more work with the same number of employees or the...

India data breach costs reach new record level Of Rs 22 crores: IBM Report

by AIP Online Bureau | Aug 8, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management, Technology

“India’s accelerating AI adoption brings immense opportunity, but it’s also exposing enterprises to new and complex cyber threats. The absence of access controls and AI governance tools is not just a technical oversight; it’s a strategic...
Govt extends PM E-DRIVE Scheme by two years till March 2028

Govt extends PM E-DRIVE Scheme by two years till March 2028

by AIP Online Bureau | Aug 8, 2025 | Indian News, Policy, Technology

According to a gazette notification on the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme, the provisions of the scheme will now be in effect till March 2028 instead of March 2026. However, the terminal date for registered e-2W...
EV sales jump 93% in July, domestic automobile retail sales declined 4.31%

EV sales jump 93% in July, domestic automobile retail sales declined 4.31%

by AIP Online Bureau | Aug 8, 2025 | Data, Eco/Invest/Demography, Technology

“This momentum signals that India’s EV transition is steadily moving beyond early adopters into mainstream consumer and fleet markets,” FADA President CS Vigneshwar stated New Delhi: Electric passenger vehicle retail sales jumped 93 per cent...
81pc Indians use Facebook,Instagram and WhatsApp to discover financial products: Report

81pc Indians use Facebook,Instagram and WhatsApp to discover financial products: Report

by AIP Online Bureau | Aug 8, 2025 | Data, Eco/Invest/Demography, Health, Life, Non-Life, Technology, Wealth Management/ Philanthropy

“The digital platforms play a key role throughout the decision-making journey for specific products, including loans (86 per cent), investments (84 per cent), insurance (78 per cent), and savings (82 per cent), the report stated.” said Shweta Bajpai,...
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