India to change into main semiconductor exporter, says MeitY Secretary Krishnan

New Delhi India, within the coming days, will emerge as a significant exporter of semi-conductors, considerably on the traces of cell phones, S Krishnan, Secretary, MeitY, stated. In accordance with him, the subsequent part of progress within the phase will probably be to herald your entire ecosystem into the nation that may then generate extra … Read more

Govt discusses import knowledge of laptops, PCs, tablets with stakeholders to resolve on future coverage

After the import authorisation regime was effected in October 2023, import of the seven IT {hardware} objects, together with private computer systems, laptops and tablets has seen a decline of about 3.4 per cent in 2023-24 to $8.4 billion in comparison with imports price $8.7 billion within the earlier fiscal with share of China, the … Read more

‘Panel comprising secretaries, specialists to nominate members of knowledge safety board’

The Ministry of Electronics and IT has drafted the due course of for the appointment of members to the Knowledge Safety Board. businessline has discovered from sources {that a} choice committee, comprising a Cupboard Secretary, the Secretary to the Authorities of India within the Division of Authorized Affairs, the Secretary to the Authorities of India within … Read more

ICAI embraces AI expertise, launches GPT for CAs

Because it celebrates the Diamond Jubilee of its inception, the Institute of Chartered Accounts of India has determined to embrace Synthetic Intelligence and Generative AI to faucet the advantages of the expertise that offers human-like solutions. After testing the Beta model, the institute launched the CAGPT, a fenced GPT (which isn’t linked to exterior assets) … Read more

MEITY to hunt extra funds from Finance Ministry for semiconductor mission: Secretary S Krishnan

The Ministry of Electronics and Info Expertise is engaged on a comply with up scheme for the Scheme for Promotion of Manufacturing of Digital Elements and Semiconductors (SPECS) that ended on March 31, 2024, mentioned its secretary S Krishnan. Among the producers have been lined beneath the scheme that ended. “Nevertheless, going ahead, we’ll want … Read more

MeitY hears out business associations’ considerations on draft Digital Competitors Invoice

Home business stakeholders on Tuesday pitched for a complete authorized framework to guard them from any anti-competitive conduct of Large Tech within the booming digital markets.  At a consultative assembly convened by the Ministry of Electronics and Data Expertise (MeitY), varied business segments, nonetheless, got here up with blended views on whether or not the proposed … Read more

Authorities to have interaction trade leaders in key talks on draft digital competitors invoice 

Trade stakeholders, together with Large Tech, are set to voice their ‘critical issues’ on the Draft Digital Competitors Invoice (DCB) at a MeitY convened assembly right here on Tuesday. This assembly, which was earlier scheduled for June 13 however postponed on the final minute, is anticipated to be chaired by Ministry of Electronics and Data … Read more

Digital Competitors Invoice unlikely to be launched in upcoming Parliament session

A senior authorities official has said that the Centre is unlikely to introduce the much-discussed Digital Competitors Invoice (DCB) throughout the upcoming Parliamentary session. It’s because the Company Affairs Ministry (MCA) would require extra time to course of the suggestions obtained on an earlier draft Invoice and the report of the Committee on Digital Competitors … Read more

Govt calls key assembly on draft digital competitors legislation

A giant transfer is afoot on the EU-style digital competitors legislation into consideration, posing a problem to tech companies by laying out strict compliance obligations that may influence their enterprise mannequin. The Ministry of Electronics and Info Expertise (MeitY) has scheduled a vital assembly with business associations on Thursday to debate the draft Digital Competitors … Read more

Rising star Vaishnaw: Act II in Railways, MeitY; debut in I&B

The Modi 3.0 authorities will push forward with its tech-driven agenda whereas cementing India’s place as a worldwide chief in semi-conductor and electronics manufacturing, Ashwini Vaishnaw, Union Minister in control of electronics and IT (MeitY), railways, and data and broadcast (I&B), mentioned on Tuesday. The main focus will stay on making India a tech and … Read more