Budget 2025: Tech in Focus With Framework for GCCs, New ‘Fund of Funds’ for startups, CoE for AI

Budget 2025: Tech in Focus With Framework for GCCs, New ‘Fund of Funds’ for startups, CoE for AI

#news #newstoday #tech #technews #latestnews #techupdates #newsupdates New and emerging technologies were in focus in the Union Budget, as Finance Minister Nirmala Sitharaman announced a national framework for Global Capability Centres (GCCs), Rs 500-crore Centre of Excellence in AI for education, and said a deep tech ‘Fund of Funds’ will…

Government Axes Import Tax on Some Smartphone Parts in Boost to Apple, Xiaomi

Government Axes Import Tax on Some Smartphone Parts in Boost to Apple, Xiaomi

#news #newstoday #tech #technews #latestnews #techupdates #newsupdates The government has removed import duties on some components key to producing mobile phones, Finance Minister Nirmala Sitharaman announced in the annual budget on Saturday, in a boost for local production efforts and benefiting firms such as Apple and Xiaomi. India’s electronics production…