New Delhi, Sep 4 (IANS) Backed by the government's Design Linked Incentive (DLI) Scheme, domestic chip design and IPR are accelerating across critical sectors, from surveillance and energy metering to networking and motor control, the Ministry of Electronics and IT said on Thursday.
New Delhi, Sep 4 (IANS) Prime Minister Narendra Modi on Thursday called technology and innovation "strong pillars" of the partnership between India and Singapore as he announced that both nations have decided to enhance cooperation in AI, quantum, and other digital technologies.
New Delhi, Sep 4 (IANS) Despite geo-political uncertainties and tariffs, India is expected to clock GDP growth of 6.5 per cent this fiscal and reforms like GST 2.0 will surely have a positive impact on the long-term growth rate, Dr Arvind Virmani, Member, NITI Aayog, said on Thursday, adding that last five years have proved that the Indian economy is highly resilient to global shocks.
New Delhi, Sep 4 (IANS) The GST 2.0 reforms were lauded by the Federation of Indian Chambers of Commerce & Industry on Thursday, for bringing predictability and transparency to India's tax system, and correcting the inverted duty structure in several sectors.
Mumbai, Sep 4 (IANS) In a bid to ensure a safe and joyful experience for devotees, Adani Electricity, the power supplier for Mumbai's Western and Eastern Suburbs, has installed over 2,571 floodlights at 167 Lord Ganesh idol immersion locations across 15 Brihanmumbai Municipal Corporation (BMC) wards.
New Delhi, Sep 4 (IANS) The GST Council's decision to abolish the 12 per cent and 28 per cent indirect tax slabs and to have only 5 per cent and 18 per cent slabs is a silent yet deep-impact reform that will boost consumer sentiment and set the stage for the equity market's trajectory, a report said on Thursday.
New Delhi, Sep 4 (IANS) India's internet subscribers surpassed 1 billion, reaching 1,002.85 million by June 30, 2025, surging 3.48 per cent from March, driven by broadband growth, government data said.
New Delhi, Sep 4 (IANS) The country’s leading industry chambers on Thursday welcomed the GST Council’s decision to reduce tax slabs from four to two, saying the move will bring major relief to the common citizens by leaving more money in their hands.
New Delhi, Sep 4 (IANS) India has added 30 gigawatts (GW) of renewable energy generation capacity so far this year and is expected to close 2025 with an addition of up to 43 GW, Union Minister for New and Renewable Energy, Pralhad Joshi, has said.
New Delhi, Sep 4 (IANS) The Goods and Services Tax (GST) Council has approved a 40 per cent tax rate for sin and luxury goods, increasing it from the current 28 per cent, effective from September 22, 2025. The GST 2.0 reform reduced taxes primarily to two rates: 5 per cent and 18 per cent.
