Samsung is reportedly in advanced negotiations to designate Perplexity AI as the default virtual assistant on its upcoming Galaxy S26 smartphone series, a move that could replace Google’s Gemini and signal a strategic shift in the Android ecosystem. Beyond simply changing the assistant, Samsung plans to integrate Perplexity’s AI-driven search capabilities into its web browser and Bixby assistant, while preloading the AI startup’s app across its devices.

OpenAI is preparing to elevate ChatGPT from a widely used AI chatbot into an all-encompassing “AI super assistant” designed to serve as a personalized gateway to the internet. Revealed through a partially redacted internal strategy document from 2024, OpenAI envisions ChatGPT becoming an intuitive companion capable of assisting users across all facets of daily life—from managing personal tasks and social interactions to enhancing professional productivity.

TVS Motor Company demonstrated significant growth in May 2025, reporting a 17% year-on-year increase in total vehicle sales to 4,31,275 units, up from 3,69,914 units in May 2024. The two-wheeler segment, a core revenue driver, expanded by 16%, supported by a 14% rise in domestic sales. Additionally, the three-wheeler division saw an impressive 46% surge. Export volumes also accelerated, growing 22% to 1,18,437 units.

Tata Motors announced a 9% year-on-year decrease in total vehicle sales for May, with 70,187 units sold compared to 76,766 units in the corresponding month last year. Domestic sales also contracted by 10%, falling to 67,429 units from 75,173 units in May 2024. The decline was more pronounced in the passenger vehicle segment, which dropped 11% to 42,040 units, while commercial vehicle sales fell 5% to 28,147 units. These figures reflect mounting challenges for the Mumbai-based automaker in a competitive market, underscoring the need for strategic recalibration.

JSW MG Motor India Pvt Ltd has recorded a robust 40% year-over-year increase in vehicle dispatches to dealers, delivering 6,304 units in May 2025, compared to 4,510 units in May 2024. This substantial growth underscores the company’s rising footprint in the competitive Indian automotive landscape. Formed as a joint venture between JSW Group and SAIC Motor in 2023, the company is leveraging the global expertise of SAIC and the domestic strength of JSW to expand production capacity and meet growing demand.

VinFast, the electric vehicle arm of Vietnam’s Vingroup, is poised to make a significant debut in the Indian market, with bookings opening this month and the launch of its VF7 and VF6 models targeted before this year’s festival season. Backed by a USD 2-billion manufacturing facility in Tamil Nadu, VinFast plans to scale annual production to 1,50,000 EVs, aiming not only to meet domestic demand but also to export vehicles to the Middle East and Africa.

Kia India has reported a 14% year-on-year rise in domestic wholesales for May, underlining its continued momentum in the Indian automotive market. The company dispatched 22,315 units to dealerships, up from 19,500 units in May 2024. The recently launched Carens Clavis received an enthusiastic market response, contributing significantly to the sales uptick. According to Kia's senior leadership, the performance underscores the brand's strategic focus on delivering consumer-centric, value-driven mobility solutions tailored to the evolving needs of Indian buyers.

India's power consumption declined by over 4% in May 2025, totaling 148.71 billion units (BU), compared to 155.15 BU in the same month the previous year. This reduction is attributed to unseasonal rains and the early arrival of the monsoon, which decreased the demand for cooling appliances and irrigation. The peak power demand also saw a dip, reaching approximately 231 gigawatts (GW) in May, down from around 250 GW in May 2024. Experts anticipate steady power demand in the coming months, with projections indicating a peak demand of 277 GW during the summer of 2025.

The Reserve Bank of India (RBI) is widely expected to implement a third consecutive 25 basis point cut to the policy repo rate during its upcoming monetary policy review on June 6. With retail inflation consistently tracking below the 4% target and global headwinds — including U.S. tariff policies — adding to economic uncertainty, the Monetary Policy Committee (MPC) is under pressure to prioritize growth without compromising price stability.

Swedish home furnishing giant IKEA has identified India as a key strategic market, both as a fast-growing consumer base and as a critical node in its global supply chain. The company aims to raise local sourcing for its Indian retail operations from 30% to 50%, while also expanding procurement from Indian suppliers for its international network. Currently sourcing goods worth €400 million annually from India, IKEA’s ambitions include diversifying its product categories and embedding sustainability across its operations.