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Vietnam’s Vingroup JSC is looking to get into various sectors, including hospitality and green energy in India, besides consolidating its presence in the automotive segment in the country, a top company executive said on Saturday (September 6, 2025). The company is also looking to set up smart cities in India. Vingroup, through its subsidiary VinFast,…
RRP Electronics Ltd. has announced the signing of four Memorandums of Understanding (MoUs) aimed at strengthening India’s domestic semiconductor ecosystem while positioning the country as a trusted global hub. The first MoU, underscoring the company’s expertise and role as Maharashtra’s first OSAT (Outsourced Semiconductor Assembly and Test) company, has been signed with the Tata Institute…
In a gesture underscoring the spirit of cooperative federalism, Union Finance Minister Nirmala Sitharaman has written to Finance Ministers of all States, expressing gratitude for their support and active role in helping implement the landmark overhaul of the goods and services tax (GST) regime. In an interview with PTI, Ms. Sitharaman said States made their…
The Renault logo on a new Renault Triber is pictured in Mumbai. File | Photo Credit: Reuters Renault India on Saturday (September 6, 2025) said it will reduce prices of its vehicles by up to ₹96,395 to pass on full benefit of the recent GST rate cut to buyers. The GST Council, earlier this week,…
Artificial intelligence (AI) algorithms and other deep-technologies can help detect vision problems years before even any traces of their symptoms appear and therefore future of eye care and maintaining good eyesight would significantly rely on predictive and preventive innovations driven by robotics, GenAI and deep-tech, said ZEISS India, a subsidiary Carl Zeiss AG, the German…
If passed into law, the bill would enact new trade restrictions mandating exporters obtain licenses and approval for the shipments of silicon exceeding certain performance caps [File] | Photo Credit: REUTERS Nvidia said on Friday the AI GAIN Act would restrict global competition for advanced chips, with similar effects on the U.S. leadership and economy…
India’s economic journey has always been shaped by bold reforms, and the latest set of Goods and Services Tax (GST) measures announced at the 56th GST Council meeting on September 3, 2025, may well prove to be one of the most consequential yet. For years, businesses and policymakers alike have called for simplification, predictability, and…
AMD, a semiconductor firm headquartered in Santa Clara, on Friday (September 5, 2025) said it would provide Indian researchers and startups, 100,000 hours of free access to AMD Developer Cloud (ADC) over the next year. ADC offers developers and open-source contributors on-demand access to its AMD Instinct MI300X GPUs, a GPU accelerator designed to power…
The rationalisation of tax rates on construction material by the GST Council is expected to provide the real estate sector some relief but since the rates applicable on property remain unchanged, there would be stability in taxation, Crisil Intelligence said in a study. Since the rates applicable on affordable housing (1%), under-construction properties (5%) and…
Mercedes-Benz India celebrating the first anniversary of the new Long Wheelbase E-Class, its bestselling luxury sedan in the country has announced the introduction of new E-Class LWB ‘Verde Silver’ priced at Rs. 78.5 lakh (E200), Rs. 80.5 lakh (E220d) and Rs. 91.7 lakh (E 450 4MATIC AMG Line) after implementation of the revised GST rates. “Customers now…
