Young Indians increasingly turn to AI chatbots like ChatGPT for emotional support, citing affordability, availability, and non-judgment. Experts stress that AI may provide temporary relief but cannot replace the depth, safety, or healing of human connection in therapy.
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The Economic Times
AI at SCO: Member nations agree to deepen cooperation, India talks equal rights
ET reported last week that talks on global AI governance were on the agenda for Prime Minister Narendra Modi in Tianjin, and that India may provide cautious support to China’s new…
Child personal care brand Tuco Kids raises $4 million in round led by RTP Global
The Bengaluru-based company plans to utilise the funds to build brand awareness, drive category creation, and expand its offline presence.
“There is skincare for babies and then you have products for adults. However, there is hardly anyone who provides skincare and haircare products for 3- to 13-year-old children,” said Chanakya Gupta, cofounder of…
The company has also expanded its operations network with a new fulfilment centre in Rajpura, Punjab, creating new job opportunities in the region, it said.
According to the company, Punjab has over 46,000 sellers across categories, such as sports, apparel, beauty, and kitchen, selling their products on the online marketplace.
This festive…
Shortage to scam: Fake fertilisers, pesticides flood farms – how much is China to blame?
Don’t subscribe to this hype about superintelligence, says former Infosys executive Vishal Sikka
“I don’t subscribe to this whole nonsense about superintelligence,” Sikka told ET.
He explained that the AI tools are powerful as they synthesise human knowledge and reproduce in response to our prompts. But they hallucinate, and are often inaccurate. But generative AI tools help…
Also in the letter:
■ Krutrim leadership exits
■ ETtech Done Deals
■ Flipkart goes shopping
BigBasket set for leadership change; Hari Menon likely to step back

Hari Menon, CEO, BigBasket
After nearly five years at the helm under Tata ownership, BigBasket CEO Hari Menon is preparing to exit day-to-day operations, setting the stage for a major leadership transition, sources told us. The move…
So far, over 200 people have left the firm, including layoffs and leadership exits, people aware of the development told ET.
This comes at a time when the company is building its largest language model (LLM), Krutrim 3, which will be a multibillion parameter model.
A Krutrim spokesperson said the…
Battery tech startup Offgrid Energy Labs raises $15 million in round led by Archean Chemical Industries
The Noida-based startup plans to use the fresh funding to establish a pilot manufacturing facility in the United Kingdom within the next 12 months, expand its research and development (R&D) capabilities, and commercialise its zincgel batteries, the founders said in an interaction with ET.
“This funding is primarily to set up a demo manufacturing facility for the…
Popular apps such as Zupee, Winzo, Mobile Premier League (MPL) and PokerBaazi have seen between 60%-95% drop in new installs since August 20 when the online gaming bill was introduced and passed in the Lok Sabha, according to data sourced by ET from app intelligence firm AppTweak, which tracks mobile app performance across marketplaces.
Between August 20 and…
