New Delhi, Feb 23 (IANS) India’s GCC office market transition from cost‑cutting centres or back offices to global growth engines marks a watershed moment in the country’s economic history, a report said on Monday.The report from The Hindu said nearly 58 per cent of Global Capability Centres (GCCs) in India are investing heavily in Agentic AI, that can reason and execute complex tasks moving beyond experimentation to enterprise‑scale deployment.Indian GCCs now act as Centres of Excellence f…
Latest UK News & Updates
New Delhi, Feb 23 (IANS) Union Finance Minister Nirmala Sitharaman on Monday said it is too early to assess the impact of the recent tariff changes announced by the United States, adding that the commerce ministry is currently reviewing the situation.FM Sitharaman remarks came after fresh trade tensions emerged following a decision by the US Supreme Court against sweeping import tariffs imposed earlier by the administration of Donald Trump.Subsequently, President Trump announced a 10 per cent ta…
New Delhi, Feb 20 (IANS) Commerce and Industry Minister Piyush Goyal said on Friday that the interim trade deal between India and the United States is likely to become operational in April this year.Meanwhile, a three-day meeting between Indian and US officials to finalise the legal text for the interim trade agreement will begin in the US on February 23.The minister also said that India’s free trade agreements (FTAs) with the UK and Oman are likely to be implemented in April, while in the case …
Amaravati, Feb 19 (IANS) The Andhra Pradesh government will sign agreements with various institutions and companies to strengthen Artificial Intelligence (AI) infrastructure and skill development in the state at the ongoing India AI Impact Summit 2026 in New Delhi. The government will enter into an MoU with IBM to provide skills training in AI, quantum technology, and cybersecurity to one million youth in the state.Another agreement will be signed with the United Nations International Computing …
Mumbai, Feb 19 (IANS) Global Capability Centres (GCCs) could account for up to 50 per cent of India’s office space demand across the top seven markets as US firms continue to dominate leasing activity, a report said on Thursday. The report from Colliers India said US firms have accounted for close to 70 per cent of GCC leasing activity in India since 2020, followed by EU and UK companies at an 8–10 per cent share each.The annual Grade A office uptake by GCCs could reach 35–40 million sq ft…
New Delhi, Feb 18 (IANS) The National Investigation Agency (NIA) on Wednesday filed a charge-sheet against three individuals, including a suspected Chinese national, in a cross-border human trafficking and cyber fraud operation originating from Myanmar.The accused—Ankit Kumar alias Ankit Bharadwaj, Ishtikhar Ali alias Ali, and Lisa—face charges under various sections of the Bharatiya Nyaya Sanhita (BNS) including 61(2), 127(4), 143(3), 308(2), 318(4), and 62 read with 143(3), as well as Sect…
New Delhi, Feb 18 (IANS) Global experts and leading companies on Wednesday gathered in the national capital for the ‘India AI Impact Summit 2026’, where discussions centered on the future of artificial intelligence and its transformative potential across industries.Speaking to IANS, Geraint Rees, Vice-Provost (Research, Innovation and Global Engagement) at University College London, described the scale and enthusiasm of the summit as highly impressive.He announced that UCL has signed a Memor…
New Delhi, Feb 18 (IANS) India’s Minister of State for Communications, Pemmasani Chandra Sekhar, held a meeting with the UK’s Parliamentary Under-Secretary of State for AI and Online Safety, Kanishka Narayan, here on Wednesday, reaffirming the growing depth of India–UK cooperation in telecommunications, digital innovation, and emerging technologies.During the discussions on the sidelines of the AI Summit, the minister emphasised that India views artificial intelligence as central to the fu…
New Delhi, Feb 18 (IANS) New and Renewable Energy Minister Pralhad Joshi and the UK’s Deputy Prime Minister David Lammy launched the India–UK Offshore Wind Taskforce on Monday. British High Commissioner to India Lindy Cameron was also present on the occasion.Describing the India–UK Offshore Wind Taskforce as a working mechanism rather than a symbolic platform, Joshi said it has been constituted under Vision 2035 and the Fourth Energy Dialogue to provide strategic leadership and coordination …
New Delhi, Feb 18 (IANS) Spanish President Pedro Sanchez, Mauritian Prime Minister Navinchandra Ramgoolam and Seychelles Vice President Sebastien Pillay have arrived in New Delhi on Wednesday to participate in the AI Impact Summit 2026, which underscores the transformative potential of artificial intelligence. World leaders were warmly received by Indian ministers, reflecting India’s commitment to fostering international cooperation in AI, digital partnerships, and cultural exchange.The Ministry…