Business - The Purbottar

14 May

AI could add $500 billion to India’s economy by 2030: IBM-IndiaAI study

Business BureauBusiness

Artificial Intelligence (AI) could contribute more than $500 billion to India’s economy by 2030, according to a new study released by the IBM Institute for Business Value and IndiaAI. The report said AI is rapidly emerging as a key driver of India’s economic transformation and could position the country among the world’s leading AI-powered economies. The study, titled ‘From Promise to Power: How AI is Redefining India’s Economic Future’, found that 80 per cent of Indian business leaders believe AI investments will directly influence the country’s GDP growth, while 73 per cent expect India to emerge as a global AI…

13 May

Vi reports 65% surge in data usage in Assam, Northeast amid network expansion

Business BureauBusiness

Vodafone Idea (Vi) on Monday said its data consumption in Assam and the North East circles grew by 65 per cent between January and December 2025, driven by major network expansion and rising demand for unlimited data plans among customers. The telecom operator said it added more than 890 new network sites across key spectrum bands in the region during the period, extending its coverage to 19 additional towns. Vi stated that the expansion is part of its broader national network transformation programme aimed at improving connectivity and increasing 4G population coverage across the country. According to the company, the…

13 May

TVS Orbiter campaign targets India’s fast-moving urban youth

Business BureauBusiness

TVS Motor Company has unveiled a new campaign for its electric scooter TVS Orbiter, positioning the vehicle as a mobility solution for India’s new-age urban generation balancing busy schedules, work, fitness, friendships and personal aspirations. Built around the theme “Always On The Move With You”, the campaign showcases TVS Orbiter as a smart, stylish and practical electric scooter designed for consumers constantly on the go. The campaign film captures everyday moments such as college runs, office commutes, gym sessions, side hustles and late-night outings, reflecting the fast-paced lifestyles of urban youth. Adding a nostalgic touch, the campaign integrates the popular…

13 May

From Self-Doubt to Success: Kolkata Mom’s Inspiring Oriflame Journey This Mother’s Day

Business BureauBusiness

A small decision taken by a mother in 2005 to rebuild her confidence and contribute financially to her family has today become a story of inspiration spanning two generations. Haichai, who spent much of her childhood quietly watching her mother work on an old computer after school, says those moments shaped her understanding of resilience, discipline and independence. What once seemed like ordinary evenings filled with notebooks, meetings and handwritten notes later became the foundation of her own confidence and outlook towards life. According to the family, Haichai’s mother began her journey with Oriflame after attending a seminar at Mahajati…

13 May

SBI sticks to inflation view despite regional turbulence

anuprova EditorBusiness

The State Bank of India (SBI) said in a report recently that the ongoing conflict in West Asia, a major geopolitical worry, has so far not impacted India’s domestic retail inflation significantly. Despite a global backdrop of uncertainty and elevated energy prices, the bank has maintained its Consumer Price Index (CPI) inflation projection for the 2026-27 fiscal at 4.5%. Analysts pointed out that imported inflation, a major component of the consumer basket, has actually slowed down slightly rather than accelerated, with even stable weighted contributions despite volatile exchange rates. The report, however, sounds a note of caution, pointing to some…

13 May

Zoho Deepens Commitment to MSMEs with ₹70 Crore ONDC Investment

nanika EditorBusiness

In a significant move to bolster India’s digital infrastructure, global technology leader Zoho Corporation has announced a strategic investment of ₹70 crore in the Open Network for Digital Commerce (ONDC). This investment is specifically designed to foster the development of sovereign technology, ensuring that the country’s digital commerce landscape remains inclusive and accessible to all. The Chennai-headquartered firm emphasized that this funding aims to help Micro, Small, and Medium Enterprises (MSMEs) overcome the structural barriers often imposed by traditional, centralized e-commerce platforms. By supporting ONDC, Zoho is championing a shift toward a more democratic digital market where small businesses can…

13 May

Minister of State Margherita Meets Newly Appointed Foreign Minister of Costa Rica

Business BureauBusiness

Minister of State for External Affairs Pabitra Margherita held bilateral talks with newly appointed Costa Rican Foreign Minister Manuel Tovar during his official visit to Costa Rica as part of India’s efforts to deepen diplomatic and economic engagement with Latin America and the Caribbean. Margherita represented India at the swearing-in ceremony of Costa Rica’s 50th President, Laura Fernández Delgado, in San José. During discussions with Foreign Minister Tovar, both sides focused on democracy, multilateralism and strengthening the rules-based international order. The meeting marked the first official interaction between the two leaders since Tovar assumed office. On the sidelines of the…

13 May

IndiaFirst Life rolls out GOLD Plus plan targeting long-term savings and guaranteed income market

Business BureauBusiness

IndiaFirst Life Insurance Company Ltd. on Monday announced the launch of its new IndiaFirst Life GOLD Plus Plan, a non-linked, participating individual life insurance savings product that combines guaranteed income, equity-linked growth potential, and life protection up to the age of 100. The company said the plan has been designed to cater to customers across different life stages, helping them meet long-term financial goals such as children’s education, retirement planning, and wealth creation. The product offers regular income either for a defined period or for whole life till the age of 100, along with maturity benefits and life cover options.…

12 May

HP launches 20+ AI-powered devices and solutions in India, expands into new product categories

Business BureauBusiness

HP India on Monday unveiled more than 20 new products and solutions across personal systems, printing and workforce technologies, marking one of the company’s biggest India-focused launches aimed at supporting the future of work and AI-driven computing. The company introduced the India-first HP OmniPad 12 tablet and the HP EliteBoard G1a Next Gen AI PC, described as the world’s first AI keyboard PC designed for collaborative workplaces. HP said the new lineup targets students, creators, professionals and enterprises amid rising demand for flexible and intelligent technology solutions. The HP OmniPad 12 combines tablet portability with PC-style productivity and runs on…

12 May

Non-tech professionals lead AI upskilling boom at Great Learning in FY26

Business BureauBusiness

Professionals from non-technical educational backgrounds accounted for 66 per cent of enrolments in Artificial Intelligence (AI) programmes at Great Learning during FY26, reflecting a growing shift towards no-code AI learning across industries. According to the ed-tech company, nearly 64 per cent of these enrolments came from professionals with over 12 years of work experience, including senior leaders and business heads from sectors such as BFSI, healthcare, manufacturing, education, FMCG and retail. The company said professionals across functions including marketing, HR, finance, operations and sales are increasingly adopting AI-powered tools to automate workflows, improve efficiency and support decision-making without requiring deep…