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Cabinet Approves Rs 22,919 Crore Incentive Scheme For Electronics Component
The Union Cabinet on Friday approved a production-linked incentive scheme for passive or non-semiconductor electronics components with an outlay of Rs 22,919 crore, Union Electronics and IT Minister Ashwini Vaishnaw said.
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Ola Electric Receives Rs 73.7 Crore Incentive Under PLI Scheme
Ola Electric has received a sum of Rs 73.74 crore under the PLI scheme from the Government of India, the Ministry of Heavy Industries.
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Google's AI Overviews Erode the Internet, US EdTech Firm Chegg Says in Lawsuit
Chegg, an online education company that offers textbook rentals, homework help, and tutoring has filed a lawsuit against Google. In the lawsuit filed in Washington, D.C., Google is co-opting publishers' content to keep users on its own site, erasing financial incentives to publish.
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Centre Raises Budget For Electronics, Semiconductor, AI By 84% To Rs 18,000 Crore
The government has enhanced allocation for key technology projects, comprising production-linked incentives for mobile phones, IT hardware, semiconductor scheme and IndiaAI Mission, by about 84 per cent to Rs 18,000 crore for the next fiscal.
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In Japan, Himanta Sarma Highlights Growth, Incentives To Attract Investors To Assam
Assam Chief Minister Himanta Biswa Sarma addressed over 160 Japanese business leaders at the Advantage Assam 2.0 Japan roadshow, where he highlighted Assam's economic growth and favourable business environment.
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Union Budget 2025: Tax Deduction Terms You Should Know Ahead Of Budget
Tax Deductions: A tax deduction is an expense or expenditure that can be subtracted from an individual's or business's total income, resulting in a lower taxable income.
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Tree Crops Overlooked in Policies Despite Critical Role in Sustainability Goals
Tree crops, covering over 183 million hectares globally, are vital for biodiversity, food production, and climate action. Researchers have urged sustainable policies to harness their full potential, highlighting their role in addressing rural poverty, mitigating climate change, and supporting ecosystems. These systems offer year-round habitats, red...
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Foxconn, Dixon Said to Urge Government to Pay Pending Production Subsidies
Foxconn Technology Group and Dixon Technologies India Ltd. are asking the government to pay them billions of rupees in subsidies they think they are entitled to under the government’s production incentives program. India’s technology ministry has not responded to the related queries.
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This Punjab Village To Give Rs 21,000 Reward For No Alcohol, DJ At Weddings
A gram panchayat in Punjab's Bathinda district has announced to give a cash incentive of Rs 21,000 to families who would not serve liquor and play DJ music at wedding ceremonies.
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India's EV Ecosystem Needs No New Incentives: Piyush Goyal
The Minister of Commerce and Industry in a meeting with electric vehicle industry representatives said that the industry does not need subsidies and incentives.
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Government Said to Expand EV Manufacturing Incentives After Tesla Disappointment
India plans to expand electric vehicle incentives to automakers building models at existing factories. India's EV policy, which is still being finalised, was originally designed to encourage Tesla to enter the market and manufacture locally but the US automaker backed off from those plans earlier this year.
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iPhone Production in India Reaches $10 Billion Milestone With PLI Scheme, Says IT Minister
Apple’s iPhone production in India hit the $10 billion (roughly Rs. 84,000 crore) freight-on-board (FoB) value between the months of April and October of FY25, IT Minister Ashwini Vaishnaw revealed, citing a report, on Monday. This translates into a growth of 37 percent compared to the same period in FY24, courtesy of the government’s productio...
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Indian Government to Offer Up to $5 Billion in Incentives for Electronics Production, Weaning Off China
India will offer up to $5 billion in incentives to companies to make components locally for gadgets from mobiles to laptops, two government officials said, in a bid to bolster the burgeoning industry and wean off supplies from China.
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This Chinese Company Is Offering Cash Rewards To Encourage Employees To Go On Dates
A Chinese company has introduced cash incentives to encourage single employees to go on dates in a bid to promote overall happiness at the workplace.
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What Donald Trump's Win Means For Future of Heat Pump, EV Incentives
Donald Trump has pledged to rescind funding for the Biden administration's signature 2022 climate law, which includes more than $8.5 billion in incentives for individuals and families to decarbonize their lives.
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Cabinet Approves Rs 22,919 Crore Incentive Scheme For Electronics Component
The Union Cabinet on Friday approved a production-linked incentive scheme for passive or non-semiconductor electronics components with an outlay of Rs 22,919 crore, Union Electronics and IT Minister Ashwini Vaishnaw said.
-
Ola Electric Receives Rs 73.7 Crore Incentive Under PLI Scheme
Ola Electric has received a sum of Rs 73.74 crore under the PLI scheme from the Government of India, the Ministry of Heavy Industries.
-
Google's AI Overviews Erode the Internet, US EdTech Firm Chegg Says in Lawsuit
Chegg, an online education company that offers textbook rentals, homework help, and tutoring has filed a lawsuit against Google. In the lawsuit filed in Washington, D.C., Google is co-opting publishers' content to keep users on its own site, erasing financial incentives to publish.
-
Centre Raises Budget For Electronics, Semiconductor, AI By 84% To Rs 18,000 Crore
The government has enhanced allocation for key technology projects, comprising production-linked incentives for mobile phones, IT hardware, semiconductor scheme and IndiaAI Mission, by about 84 per cent to Rs 18,000 crore for the next fiscal.
-
In Japan, Himanta Sarma Highlights Growth, Incentives To Attract Investors To Assam
Assam Chief Minister Himanta Biswa Sarma addressed over 160 Japanese business leaders at the Advantage Assam 2.0 Japan roadshow, where he highlighted Assam's economic growth and favourable business environment.
-
Union Budget 2025: Tax Deduction Terms You Should Know Ahead Of Budget
Tax Deductions: A tax deduction is an expense or expenditure that can be subtracted from an individual's or business's total income, resulting in a lower taxable income.
-
Tree Crops Overlooked in Policies Despite Critical Role in Sustainability Goals
Tree crops, covering over 183 million hectares globally, are vital for biodiversity, food production, and climate action. Researchers have urged sustainable policies to harness their full potential, highlighting their role in addressing rural poverty, mitigating climate change, and supporting ecosystems. These systems offer year-round habitats, red...
-
Foxconn, Dixon Said to Urge Government to Pay Pending Production Subsidies
Foxconn Technology Group and Dixon Technologies India Ltd. are asking the government to pay them billions of rupees in subsidies they think they are entitled to under the government’s production incentives program. India’s technology ministry has not responded to the related queries.
-
This Punjab Village To Give Rs 21,000 Reward For No Alcohol, DJ At Weddings
A gram panchayat in Punjab's Bathinda district has announced to give a cash incentive of Rs 21,000 to families who would not serve liquor and play DJ music at wedding ceremonies.
-
India's EV Ecosystem Needs No New Incentives: Piyush Goyal
The Minister of Commerce and Industry in a meeting with electric vehicle industry representatives said that the industry does not need subsidies and incentives.
-
Government Said to Expand EV Manufacturing Incentives After Tesla Disappointment
India plans to expand electric vehicle incentives to automakers building models at existing factories. India's EV policy, which is still being finalised, was originally designed to encourage Tesla to enter the market and manufacture locally but the US automaker backed off from those plans earlier this year.
-
iPhone Production in India Reaches $10 Billion Milestone With PLI Scheme, Says IT Minister
Apple’s iPhone production in India hit the $10 billion (roughly Rs. 84,000 crore) freight-on-board (FoB) value between the months of April and October of FY25, IT Minister Ashwini Vaishnaw revealed, citing a report, on Monday. This translates into a growth of 37 percent compared to the same period in FY24, courtesy of the government’s productio...
-
Indian Government to Offer Up to $5 Billion in Incentives for Electronics Production, Weaning Off China
India will offer up to $5 billion in incentives to companies to make components locally for gadgets from mobiles to laptops, two government officials said, in a bid to bolster the burgeoning industry and wean off supplies from China.
-
This Chinese Company Is Offering Cash Rewards To Encourage Employees To Go On Dates
A Chinese company has introduced cash incentives to encourage single employees to go on dates in a bid to promote overall happiness at the workplace.
-
What Donald Trump's Win Means For Future of Heat Pump, EV Incentives
Donald Trump has pledged to rescind funding for the Biden administration's signature 2022 climate law, which includes more than $8.5 billion in incentives for individuals and families to decarbonize their lives.
