Global tech giant Facebook has invested in Reliance Industries’ artificial intelligence (AI) venture, marking a significant step in strengthening strategic collaboration between the two companies. The investment targets the development of advanced AI solutions to enhance digital services, customer engagement, and enterprise applications across India. By leveraging Facebook’s AI expertise and Reliance’s vast digital ecosystem, the partnership aims to accelerate innovation in data-driven technologies, machine learning, and automation.

Delhi Airport’s Terminal 2 (T2) has officially reopened following an extensive renovation aimed at modernizing infrastructure, improving passenger flow, and enhancing overall travel experience. The upgrade includes expanded check-in areas, advanced baggage handling systems, upgraded lounges, and improved retail and dining facilities. Designed to accommodate increasing passenger volumes and streamline airport operations, the renovation aligns with India’s vision of world-class aviation infrastructure.

SpaceX has successfully executed its latest Starlink satellite launch, further enhancing its global broadband internet network. The mission deployed 60 satellites into low Earth orbit, strengthening connectivity in underserved regions and supporting SpaceX’s ambitious goal of delivering high-speed internet to remote areas worldwide. Analysts highlight the strategic significance of this launch, noting potential revenue streams from both commercial and government clients.

ITC Hotels has reported a remarkable 74% increase in net profit for the second quarter, reaching Rs 133 crore, driven by strong recovery in domestic hospitality demand and enhanced operational efficiencies. The surge reflects rising occupancy rates, improved average room tariffs, and cost-optimization measures across properties. Revenue growth was supported by increased leisure and business travel, alongside strategic marketing initiatives targeting premium segments.

Ponni Sugars has reported a robust 26% increase in its second-quarter net profit, reaching Rs 14.56 crore, driven by higher sugar sales and improved operational efficiency. The company’s revenue also registered a notable uptick, supported by steady domestic demand and strategic pricing measures. Analysts attribute the performance to favorable market conditions, efficient cost management, and enhanced capacity utilization. The results underscore Ponni Sugars’ resilience amid fluctuating commodity prices and operational challenges.

Schneider Electric, the global leader in energy management and automation, has announced the appointment of new directors to its board, signaling a strategic move to bolster corporate governance and drive sustainable growth. The appointments bring a mix of industry expertise, technological insight, and international business experience, aligning with the company’s focus on innovation, digital transformation, and decarbonization initiatives.

India is set to expand crude oil imports from key suppliers in the Middle East and the United States to strengthen its energy security amid global market volatility. The move aims to diversify supply sources, mitigate price risks, and meet rising domestic energy demand fueled by industrial growth and transportation needs. Officials indicate that increased imports will be strategically balanced between long-term contracts and spot market purchases, optimizing costs and supply stability.

India and the United States are on the verge of finalizing a landmark trade agreement, aimed at enhancing bilateral commerce, reducing tariffs, and facilitating investment flows. Key sectors under negotiation include technology, pharmaceuticals, and agriculture, with both sides emphasizing reciprocal market access and regulatory alignment. The deal is expected to boost exports, create jobs, and strengthen strategic economic partnerships amid global supply chain realignments.

Deepinder Goyal, co-founder and former CEO of Zomato, has committed $25 million to support cutting-edge longevity research, signaling a growing interest in life-extension science among tech entrepreneurs. The investment will fund studies exploring cellular aging, regenerative medicine, and lifestyle interventions aimed at extending healthy human lifespan. Experts suggest that private funding of this scale could accelerate breakthroughs that traditional academic grants often cannot.

India’s foreign exchange reserves climbed to an all-time high of USD 702.28 billion as of mid-October 2025, reflecting the country’s robust external position and strong capital inflows. The rise was supported by healthy foreign investment, steady export earnings, and stable remittance inflows. This milestone reinforces India’s financial resilience amid global economic uncertainty and geopolitical tensions.