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A day after hitting fresh July highs, Indian equities hit the brakes on Monday. Profit booking in heavyweight banks, combined with renewed oil jitters…

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The Government of India initiated a fresh push to tighten regulatory oversight on Virtual Private Network (VPN) service providers on July 3, 2026, aimed at curbing the widespread circumvention of local content-blocking orders. Facing compliance resistance from global digital intermediaries, the Ministry of Electronics and Information Technology (MeitY) is finalizing an expansive legal framework that will mandate foreign VPN operators to establish a physical presence in the country.

Mandapam, was envisioned as one of the largest artificial intelligence gatherings ever organized
in the country. Designed to position India as a global leader in AI innovation and collaboration,
the summit aimed to connect policymakers, global tech leaders, startups, researchers, and
students under one roof. With more than three lakh delegates attending from across India and
abroad, the scale of the event reflected the nation’s growing ambition to lead the AI revolution.
However, despite its grand vision, the summit quickly became overshadowed by logistical
mismanagement and widespread chaos.

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