The government has set a new M&A approval trigger: companies must seek Competition Commission of India clearance for deals over Rs 2,000 crore when the target has substantial operations in India. The change is designed to strengthen oversight of mergers and acquisitions, with particular focus on fast-growing digital markets to support fairer competition practices.
India’s Ministry of Electronics and IT projects the digital economy will contribute nearly 20% of GDP by 2030, with growth powered by wider adoption of artificial intelligence across sectors. The forecast suggests AI will move beyond tech hubs into everyday services and industries, accelerating digitization and boosting economic output as adoption expands.
Your news, in seconds
Get the Beige app — every story in 60 words, updated hourly. Free on iOS & Android.
Swipe through stories, personalise your feed, and save articles for later — all on the app.