Questions & Answers about हम गपशप कर रहे हैं।
गपशप means chit-chat, casual chatting, or sometimes gossip. It has a light, informal feel.
So this sentence can mean something like We’re chatting or We’re gossiping, depending on context.
Because गपशप is treated like a noun-like word, not a fully conjugated verb.
Hindi very often makes actions with:
noun + करना = to do X
So:
गपशप करना = to chat / to gossip
literally, to do chit-chat
This pattern is extremely common in Hindi:
बात करना = to talk
सफ़र करना = to travel
फ़ोन करना = to phone