Government: Page 3

News and Trends

India's Goal Is To Make Technology 20-25% Of GDP By 2025-26: Rajeev Chandrasekhar

Over the last five years, in particular, during and after COVID-19, the Indian innovation economy has grown from 4-5% in 2014 to 10%today

News and Trends

Facebook Will Be Asked To Shut Down In India, Karnataka HC Warns

The decision came in response to Facebook's alleged lack of cooperation with the state police regarding an ongoing investigation pertaining to the case of an imprisoned Indian citizen in Saudi Arabia

News and Trends

India Threatened To Shut Down Twitter, Says Jack Dorsey

Responding to Dorsey's allegation, the minister of state for electronics and IT, Rajeev Chandrasekhar said, "His comments are an outright lie"

News and Trends

Delhi Government Gives In-Principle Approval For Food Truck Policy

The policy will reportedly be implemented with the operation of food trucks in 16 selected locations

News and Trends

Liminal Becomes Part Of Telangana Government's Web3 Regulatory Sandbox

The recent partnership with the Telangana government will enable Liminal to leverage the power of blockchain for public welfare in the remotest parts of our country

News and Trends

UAE Emerges As Fourth Largest Investor In India In FY23

The data of the Department for Promotion of Industry and Internal Trade (DPIIT) reportedly showed that in the last fiscal, foreign direct investment (FDI) from the UAE to India jumped over three-fold to $3.35 billion from $1.03 billion in 2021-22

News and Trends

Centre To Develop Master App For EV Charging Slots: Report

As per the report, the project is being funded by the Asian Development Bank (ADB) and will be fully owned and operated by the government of India

News and Trends

India Will Regulate AI, Says MoS Rajeev Chandrasekhar

The minister said that India will look to 'regulate AI' in a manner, that is similar to how the country has gone about regulating other emerging technology areas

Business News

Debt Ceiling Plan: Here's What You Should Know and How It Impacts Your Business

The Senate passed the debt ceiling bill with a 63 to 36 vote on Thursday.

News and Trends

Foxconn To Start Manufacturing iPhones In Bengaluru

With this the government has reportedly expedited the establishment process of the INR 13,600 crore project, which is expected to create 50,000 jobs

News and Trends

FAME II Subsidy Cut; EV Players Set To Hike Price

The committee, set up by the ministry, had recommended certain changes to improve the viability of the development of public charging infrastructure for electric vehicles

News and Trends

On World No Tobacco Day Government Issues Anti-Tobacco Rules For OTT Platforms

The notification stated that publishers of online curated content displaying tobacco products, or their use will be required to display anti-tobacco health spots each of a minimum of 30 seconds at the beginning and middle of the programme

News and Trends

Apple Seeks 'Concrete Reason' To Remove Banned Betting Apps: Report

As per the report, the tech giant clearly told the ministry that it cannot arbitrarily take them down, since these apps are valid and legal in other countries

News and Trends

PM Modi Chairs 8th Governing Council Meeting Of NITI Aayog In the Absence Of 8 Chief Ministers

At the meeting, PM Modi deliberated over several issues including, health, skill development, women empowerment, and infrastructure development, with an aim to make India a developed nation by 2047

Finance

Is the Government Pushing More VCs to Set Up Funds in India's GIFT City?

The Central Board of Direct Taxes (CBDT) announced a list of 21 source countries that will not be subject to the angel tax provisions on Wednesday. The list did not include nations like Singapore and Mauritius, which have established themselves as preferred jurisdictions for investments in India.