Electronic Financial News

Follow Live Updates on Delhi Elections 2025 hereThe Delhi Assembly Elections is a three-way fight with the Aam Aadmi Party (AAP), the Bharatiya Janata Party (BJP) and the Congress as the main players. A political party or an alliance has to win at least 36 seats to form government in the national capital.What are Exit Polls?The exit poll predictions are based on voter feedback collected by survey agencies soon after the polling.

Subscribe to enjoy similar stories. Wingify founder Paras Chopra has set his sights on getting access to subsidised graphic processing units (GPUs) from the government to help with his next big idea, a foundational artificial intelligence model. Last week, electronics and information technology minister Ashwini Vaishnaw announced at a press briefing that 10,000 GPUs at a common compute facility will soon go online.

Subscribe to enjoy similar stories. New Delhi: India has taken the first step to develop an AI chip from the ground-up to substitute Nvidia’s powerful processors, which have shaken up the global tech landscape and re-established the US's outsized dominance in the crucial sector. Work on developing the framework for the chip to power artificial intelligence systems is under way, and an official announcement is expected later this year, said three senior officials aware of the development.

Billionaire tech mogul Elon Musk posted on his social media site that he has “deleted” 18F, a government agency that worked on technology projects such as the IRS's Direct File program

buy call on Bharat Electronics Ltd. with a target price of Rs 360. The current market price of Bharat Electronics Ltd. is Rs 270.15. Bharat Electronics, incorporated in 1954, is a Large Cap company with a market cap of Rs 205989.57 crore, operating in the Defence sector. Bharat Electronics' products/revenue segments include Electronic Components & Equipments, Sale of services, Other Operating Revenue, Scrap and Rent for the year ending 31-Mar-2024.

A South Korean appeals court has upheld a ruling that acquitted Samsung Electronics Chairman Lee Jae-yong of financial criminal charges over a contentious merger between Samsung affiliates that cemented his grip over the biggest South Korean company

Subscribe to enjoy similar stories. The Centre’s India AI Mission, which seeks to bring India up to speed with the US, China and the rest of the world in artificial intelligence (AI), could be pivotal for India to avoid repeating the mistakes it made with semiconductor and mobile phone manufacturing, industry veterans told Mint.

Subscribe to enjoy similar stories. India is charting an ambitious course toward its vision of a $30-trillion economy by 2047. To realize this, India must sustain double-digit growth over the next two decades.

Delhi Election 2025 DateAll 70 seats of Delhi will vote in a single phase on February 5. The Delhi election is a three-way contest with the Aam Aadmi Party (AAP), the Bhartiya Janata Party (BJP) and the Congress in the fray.The AAP, led by Arvind Kejriwal, won the last two Delhi Election in 2015 and 2020. Before AAP, the Congress was in power in Delhi for 15 years.

Atul Lall, VC & MD, Dixon Tech, says the Budget is positive for the electronics industry. They had sought simplifying the duty structure for IFPD, and that has been achieved. Lall believes this will greatly boost IFPD manufacturing. Additionally, they had requested the reduction or elimination of certain duties on mobile components from 2.5% to 0%, and that has also been accomplished. They have lowered the duty on inputs for open cells, and agreed to requests on the deregulation front, all of which is beneficial for companies like Dixon. What is your take on the Budget? Atul Lall: For the electronics industry, the Budget is positive. There were certain specific asks from the industry. One was on rationalisation of the duty structure for IFPD, and that has been done. What we asked for, thankfully, was addressed completely in the same format.

Subscribe to enjoy similar stories. New Delhi: India is preparing an action plan to steer clear of a potential trade war with the US, two people aware of the matter said. The development comes in the backdrop of a tariff war erupting between the US and Mexico, Canada and China, with tariffs and retaliatory tariffs being traded blow for blow.

Subscribe to enjoy similar stories. New Delhi: The exemption of import duties on components required for making open cells—a key part of LED televisions—has divided India’s nearly-$10-billion TV industry.

Subscribe to enjoy similar stories. The 1970s were a turbulent era for industry in Bengal. Violent strikes and frequent bandhs drove many Kolkata-based companies to relocate.

ministry of electronics and information technology (MeitY) has got a 48% boost in the budget to over Rs 26,000 crore, much of which will be ploughed into the IndiaAI Mission and expanded production-linked incentive (PLI) schemes for semiconductors, large-scale electronics and IT hardware. The estimate for the “modified scheme for setting up of compound semiconductors/silicon photonics/sensors fab/discrete semiconductors fab and semiconductor assembly, testing, marking and packaging (ATMP)/outsourced semiconductor assembly and test (OSAT) facilities in India” was increased from Rs 2,500 crore in the revised estimate for FY25 to Rs 3,900 crore in FY26.

Subscribe to enjoy similar stories. There is a spring in the step of Indian consumer-related companies after the budget 2025’s proposal to make income up to ₹12 lakh tax-free under the new tax regime. With more disposable income in the hands of millions of taxpayers, the expectation is that consumers would be encouraged to spend more on items like staples, electronics, clothes, footwear, restaurants and travel.

Subscribe to enjoy similar stories. Budget 2025-26 has placed emphasis on the backward integration of India’s electronic goods value chain and other capital-goods industries with a reduction in basic customs duty on components. Among the proposals are a reduction in the duty on open cells for television panels from 10%-15% to 5% and parts of open cells to from 2.5% to 0%.

Subscribe to enjoy similar stories. New Delhi: The Union Budget 2025 laid out a host of key pointers to make India’s technology economy self-reliant.

President Donald Trump has repeatedly discussed imposing tariffs, both on the campaign trail and since taking office — and the first tranche, on goods from Canada, China and Mexico will take effect Feb. 1, the White House confirmed on Friday.

The NSE Nifty index traded 163.25 points up at 23412.75, while BSE Sensex was up 449.21 points at 77209.02 as of 10:34AM(IST)on January 31.

Central Government Health Scheme (CGHS)—Central govt employees and pensioners, making it easier for them to get faster approvals for critical medical devices like CPAP, BiPAP, and oxygen concentrators by processing it online.