Govt bars industries from buying petrol, diesel at pumps; mandates bulk purchase route

Centre has barred industrial, commercial and institutional users from purchasing petrol and diesel from retail fuel outlets, rather switch to bulk sellers.On Wednesday, the Ministry of Petroleum and Natural Gas issued the Motor Spirit and High Speed Diesel (Temporary Regulation of Supply through Retail Outlets) Order, 2026, directing oil marketing companies and fuel retailers to…

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It’s a race to capture real-world AI training data

CHENNAI: Home services startup Pronto’s admission recently that it was piloting in-home video recordings to train physical AI systems shines light on a fast-growing and loosely regulated industry of AI data capture and labelling for the global robotics supply chain.Pronto is not alone. Startups such as Human Archive, Humyn Labs, Egolab AI and Neocambrian are…

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Now, AI agents can decide when to strike deals using UPI mandate

MUMBAI: Pine Labs has launched India’s first agent-to-agent payment capability, enabling autonomous transactions through artificial intelligence by extending UPI’s standing mandate framework to machines.The company on Thursday introduced the Pine Labs Payment Protocol (P3P), allowing users to authorise a onetime mandate that can be delegated to an AI agent, which can then independently decide when…

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India central to EY’s AI strategy: Truncale

Union Minister of Commerce & Industry Piyush Goyal and EY (Ernst & Young) Global Chair and CEO Janet Truncale during a meeting to exchange views on India’s consistently growing role in global supply chains. BENGALURU: Janet Truncale, global chair and CEO of EY, said the professional services firm’s India operations are increasingly becoming central to…

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India Agriculture Transformation: Seeds of change: How India’s agriculture went high-output in 12 years

India’s agriculture sector has undergone a significant transformation over the past 12 years, driven by higher public investment, record foodgrain production, expanded irrigation, improved access to credit and a stronger safety net for farmers, according to a government paper released this month.The report, titled Empowering India’s Annadatas, outlines how agricultural policy has evolved from a…

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Global Trade: Countries protecting domestic industries, India no exception: Piyush Goyal on global trade

Commerce and industry minister Piyush Goyal on Thursday said countries around the world are increasingly protecting their domestic industries, including in sectors such as steel, but India continues to navigate global trade challenges through dialogue, cooperation and trade partnerships.Speaking at the India Global Innovation Connect, he said such measures are part of global trade realities…

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