US-based iPhone maker Apple is continuously expanding its operations in India and the government is in regular touch with the company to support its business, commerce and industry minister Piyush Goyal has said. He said that the electronics industry works like this as first they put a basic set up…
The Centre on Monday directed state governments to enforce Bureau of Indian Standard (BIS) certification on consumer products while stressing the use of digital technology to protect consumer rights and reduce pending cases in consumer courts. After inaugurating a day-long workshop on “Consumer Protection in the northern states” held in…
India, under its ongoing G20 Presidency, is spearheading the process of formulating crypto laws that would work uniformly on an international level and make the sector safer against crimes and misuse. In a fresh development, Indian finance minister Nirmala Sitharaman has disclosed that the three-month period between April and July…
The crypto community of India has not been very supportive of the tax rules that the government enforced on the trade of virtual digital assets last year. It is estimated that only 0.07 percent of Indian crypto owners actually declared and paid their taxes in the year of 2022. The…
Reaffirming its commitment to protecting the safety and trust of digital citizens, the Ministry of Electronics and IT has notified amendments to the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021, related to online gaming and spread of false and misleading information regarding government business. The aim…
India’s smart TV shipments recorded double-digit growth of 28 percent in 2022, which was led primarily by the festive season in the third quarter of multiple new launches, discount events, and promotions, said a Counterpoint Research report. Moreover, demand for bigger screen-size TVs in the lower price tier also fueled…
The Delhi High Court has asked Chinese smartphone maker Vivo to approach the PMLA Appellate Tribunal in relation to the freezing of its bank accounts pursuant to a money laundering probe by the Enforcement Directorate. Justice Prathiba M Singh asked Vivo, which has already filed an appeal before the tribunal,…
Amit Kshatriya, a decorated Indian-American software and robotics engineer was appointed as the first head of NASA’s newly-established Moon to Mars Programme that will help the agency ensure a long-term lunar presence needed to prepare for humanity’s next giant leap to the Red Planet. Kshatriya will serve as NASA’s first…
Goyal Aluminiums has plans to invest Rs. 200 crore to set up an electric vehicle (EV) manufacturing plant in Uttar Pradesh. The company has been allotted 4,000 square metre land from the Greater Noida Industrial Development Authority (GNIDA) for the project. “Goyal Aluminiums…is gearing up to set up a new…
National Payments Corporation of India (NPCI) on Wednesday said there is no charge for the bank account to bank account-based UPI payments or normal UPI payments. However, interchange charges are only applicable for the prepaid payment instruments (PPI) merchant transactions and there is no charge to customers, NPCI clarified in…
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