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Israeli Firm Ready To Meet India's 30% 'Made in India' requirement
Israel Aerospace Industries (IAI), which is the only firm left in the Rs 8,000-crore contract for supplying six mid-air refuellers, said it is fully aligned with the Indian government's requirements for providing 30 per cent 'Make in India' mandate.
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US Firms To Consider Shifting Work To India As Trump Hikes H-1B Visa Fee
Trump's H-1B visa crackdown will hasten US firms' shift of critical work to India, turbocharging the growth of global capability centres (GCCs) that handle operations from finance to research and development, economists and industry insiders say.
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Trump Declares 100% Tariff On Pharma Imports From October 1, India May Be Hit
US President Donald Trump has announced tariffs of up to 100 per cent on imports of branded and patented pharmaceutical products from October 1. India's pharmaceuticals sector, one of the most dependent domestic industries on trade with America.
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BCCI Says Crypto, Real Money Gaming Platforms Can’t Bid for Team India’s Title Sponsorship
The BCCI has barred cryptocurrency and real money gaming firms from bidding for the Indian cricket team’s lead sponsorship rights. The decision reflects increasing regulatory scrutiny of crypto promotions in India, with SEBI previously targeting misleading celebrity endorsements. The move marks a significant setback for crypto adoption, cutting o...
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Any Tariff On Pharma Will Hit India, As 40% Exports Go To US: Report
Imposing tariffs on the pharmaceutical Industry will significantly impact the earnings of Indian pharma companies, as nearly 40 per cent of India's total pharma exports are directed to the US market, according to a report by SBI Research.
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US Tariffs To Impact India's Textile Exporters In A Big Way, Say Experts
US President Donald Trump's announcement regarding the imposition of 25 per cent additional import duty plus penalty on goods imported from India will hit the country's textile exporters in a big way.
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Starknet Foundation’s James Strudwick on Why Web3 Gaming Adoption Remains Stagnant
James Strudwick, executive director of Web3 firm Starknet Foundation, told Gadgets 360 that although Web3 gaming's growth might have appeared sluggish on the surface, the ecosystem had managed to make gradual progress in recent times. Strudwick said that onboarding challenges, unfamiliar UX, and limited awareness were among crucial factors that wer...
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OpenAI and Meta Eye AI to Reportedly Form Partnership With Reliance Industries
OpenAI and Meta are reportedly discussing an artificial intelligence (AI) partnership with Indian conglomerate Reliance Industries. As per the report, the San Francisco-based AI firm and the Menlo Park-based social media giant are aiming to expand their AI footprint in the country by using the Mukesh Ambani-led company’s large consumer and enterp...
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How Indian Firms Are Silently Gaining Ground On Global Aerospace Giants
Airbus, Collins Aerospace, Pratt & Whitney, and Rolls-Royce are expanding parts sourcing from India, driving growth in the country's emerging aerospace sector and pushing local firms to elevate their games, industry insiders say.
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Budget 2025: Crypto Industry Seeks Digital Asset Innovation, Simple Tax Structure and More
The Union Budget for 2025 is set to be announced on February 1. Apart from reiterating the need for a revision in crypto tax rates, Indian crypto firms have asked the government to prioritise steps that keep the country in competition with other regions, especially with regard to emerging technologies.
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India’s Web3 Ecosystem Has Over 400 Firms, Karnataka Emerges as Industry Hub: Report
The BWA report has observed that the area of blockchain solutions have emerged as the Web3 vertical with the largest concentration of companies operating within it. Presently, 79 firms have been identified by the BWA for conducting research and development work around the use cases of blockchain technology.
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Reliance's $50 Billion Wipeout Shows Toll of Weak Earnings
Reliance Industries Ltd. has erased almost $50 billion in market capitalization since its peak in July as the most valuable Indian firm struggles with weakening earnings and an economic slowdown.
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India Blockchain Week to Return for Second Edition: All Details
Web3 venture firm Hashed Emergent is bringing back the India Blockchain Week (IBW) for its second edition. As part of this initiative, multiple events have been put in the pipeline for startups and developers to showcase their Web3 protocols. Some of the events include the IBW chain-agnostic Hackathon, IBW Web3 Demo Day, and ETH India Hackathon amo...
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BWA Anticipates Tax Revisions Before Union Budget, Commends Indian Firms Embracing Web3
Ahead of India’s upcoming Union Budget for FY2024-2025, Dilip Chenoy, the chairperson of this Web3 advisory body, said that the industry is ready to be patient and give the government enough time to access the results of imposing crypto taxes. This period of wait however, has concerned the BWA about the exodus of Web3 talent from India.
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Indian Video Games Industry Seeks Distinction From Real Money Games, Sends Policy Suggestions to Centre
A consortium of Indian video games and esports companies have written to the newly formed government, requesting a comprehensive industry-focussed policy, regulatory streamlining and a clear distinction from real money games that are often conflated with video games under the “Online Games” umbrella term.
-
Israeli Firm Ready To Meet India's 30% 'Made in India' requirement
Israel Aerospace Industries (IAI), which is the only firm left in the Rs 8,000-crore contract for supplying six mid-air refuellers, said it is fully aligned with the Indian government's requirements for providing 30 per cent 'Make in India' mandate.
-
US Firms To Consider Shifting Work To India As Trump Hikes H-1B Visa Fee
Trump's H-1B visa crackdown will hasten US firms' shift of critical work to India, turbocharging the growth of global capability centres (GCCs) that handle operations from finance to research and development, economists and industry insiders say.
-
Trump Declares 100% Tariff On Pharma Imports From October 1, India May Be Hit
US President Donald Trump has announced tariffs of up to 100 per cent on imports of branded and patented pharmaceutical products from October 1. India's pharmaceuticals sector, one of the most dependent domestic industries on trade with America.
-
BCCI Says Crypto, Real Money Gaming Platforms Can’t Bid for Team India’s Title Sponsorship
The BCCI has barred cryptocurrency and real money gaming firms from bidding for the Indian cricket team’s lead sponsorship rights. The decision reflects increasing regulatory scrutiny of crypto promotions in India, with SEBI previously targeting misleading celebrity endorsements. The move marks a significant setback for crypto adoption, cutting o...
-
Any Tariff On Pharma Will Hit India, As 40% Exports Go To US: Report
Imposing tariffs on the pharmaceutical Industry will significantly impact the earnings of Indian pharma companies, as nearly 40 per cent of India's total pharma exports are directed to the US market, according to a report by SBI Research.
-
US Tariffs To Impact India's Textile Exporters In A Big Way, Say Experts
US President Donald Trump's announcement regarding the imposition of 25 per cent additional import duty plus penalty on goods imported from India will hit the country's textile exporters in a big way.
-
Starknet Foundation’s James Strudwick on Why Web3 Gaming Adoption Remains Stagnant
James Strudwick, executive director of Web3 firm Starknet Foundation, told Gadgets 360 that although Web3 gaming's growth might have appeared sluggish on the surface, the ecosystem had managed to make gradual progress in recent times. Strudwick said that onboarding challenges, unfamiliar UX, and limited awareness were among crucial factors that wer...
-
OpenAI and Meta Eye AI to Reportedly Form Partnership With Reliance Industries
OpenAI and Meta are reportedly discussing an artificial intelligence (AI) partnership with Indian conglomerate Reliance Industries. As per the report, the San Francisco-based AI firm and the Menlo Park-based social media giant are aiming to expand their AI footprint in the country by using the Mukesh Ambani-led company’s large consumer and enterp...
-
How Indian Firms Are Silently Gaining Ground On Global Aerospace Giants
Airbus, Collins Aerospace, Pratt & Whitney, and Rolls-Royce are expanding parts sourcing from India, driving growth in the country's emerging aerospace sector and pushing local firms to elevate their games, industry insiders say.
-
Budget 2025: Crypto Industry Seeks Digital Asset Innovation, Simple Tax Structure and More
The Union Budget for 2025 is set to be announced on February 1. Apart from reiterating the need for a revision in crypto tax rates, Indian crypto firms have asked the government to prioritise steps that keep the country in competition with other regions, especially with regard to emerging technologies.
-
India’s Web3 Ecosystem Has Over 400 Firms, Karnataka Emerges as Industry Hub: Report
The BWA report has observed that the area of blockchain solutions have emerged as the Web3 vertical with the largest concentration of companies operating within it. Presently, 79 firms have been identified by the BWA for conducting research and development work around the use cases of blockchain technology.
-
Reliance's $50 Billion Wipeout Shows Toll of Weak Earnings
Reliance Industries Ltd. has erased almost $50 billion in market capitalization since its peak in July as the most valuable Indian firm struggles with weakening earnings and an economic slowdown.
-
India Blockchain Week to Return for Second Edition: All Details
Web3 venture firm Hashed Emergent is bringing back the India Blockchain Week (IBW) for its second edition. As part of this initiative, multiple events have been put in the pipeline for startups and developers to showcase their Web3 protocols. Some of the events include the IBW chain-agnostic Hackathon, IBW Web3 Demo Day, and ETH India Hackathon amo...
-
BWA Anticipates Tax Revisions Before Union Budget, Commends Indian Firms Embracing Web3
Ahead of India’s upcoming Union Budget for FY2024-2025, Dilip Chenoy, the chairperson of this Web3 advisory body, said that the industry is ready to be patient and give the government enough time to access the results of imposing crypto taxes. This period of wait however, has concerned the BWA about the exodus of Web3 talent from India.
-
Indian Video Games Industry Seeks Distinction From Real Money Games, Sends Policy Suggestions to Centre
A consortium of Indian video games and esports companies have written to the newly formed government, requesting a comprehensive industry-focussed policy, regulatory streamlining and a clear distinction from real money games that are often conflated with video games under the “Online Games” umbrella term.
