India’s fintech firms must push deeper into underbanked areas, innovate with offline payment solutions, and strengthen their cybersecurity posture using artificial intelligence, Department of Financial Services secretary M. Nagaraju said on Monday.
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The world is facing “a perfect storm of multiple colliding trends,” including rising trade barriers, a shift away from global integration, rapid advances in AI, and the push for cleaner energy, Infosys Ltd chairman Nandan Nilekani told shareholders at the company’s 44th annual general meeting on Wednesday.
Generative AI will automatically generate at least three-fourth of analytics content by 2027, up from just 10% in 2023, according to global research firm Gartner—a striking shift that shows how fast AI is reshaping business decision-making.
India’s domestic artificial intelligence (AI) market is poised to more than triple to $17 billion by 2027, according to a new report from the Boston Consulting Group (BCG), placing the country among the fastest-growing AI economies globally.
