Industry Trends

India-EU pact set to expand market access, digital trade and worker mobility

India's free trade agreement with the EU is poised to boost market access for services and digital trade, enhancing skilled worker mobility. Experts anticipate increased European investment in India's IT sector, fostering joint ventures and R&D in emerging technologies. The pact aims to facilitate seamless cross-border data flows, reducing regulatory friction for businesses.

Industry Trends

OpenAI Says ChatGPT's Writing Worsened Due to Overtraining Math, Coding

OpenAI CEO Sam Altman admitted that writing performance on ChatGPT has recently witnessed regression, and attributed it to selective training of the latest artificial intelligence (AI) model. The company hosted its inaugural town hall on Tuesday, inviting AI builders from across the ecosystem to ask questions and share feedback on its various products and services.

Union Budget 2026: Halwa ceremony held at North Block as preparations near completion

Finance minister Nirmala Sitharaman initiated the final preparations for the Union Budget 2026-27 with the traditional Halwa Ceremony. This event signifies the commencement of a strict lock-in period for officials involved in budget compilation, ensuring utmost confidentiality. The budget will be presented on February 1st, with digital access available via a mobile app.