Gujarat Government Elevates AI Presence Through Strategic Partnerships In a landmark move, the Gujarat Government has strengthened its commitment to technological innovation by signing Memorandums of Understanding (MoUs) with global technology leaders IBM, Microsoft, and the National Association of Software and Service Companies (NASSCOM). These agreements aim to significantly enhance the Artificial Intelligence (AI) landscape within the state. This strategic initiative underscores Gujarat’s position as a forward-looking entity, poised to lead in the realm of […]

GST Council Meeting Puts Online Gaming Firms in Tax Trouble The GST Council meeting, to be held on Saturday, is unlikely to address the plea of online gaming companies facing a massive ₹1.12 trillion tax burden. Here are the key details: Features and Benefits Retrospective Tax Woes: Online gaming companies are reeling under retrospective taxes, with a 28% GST rate imposed on the total value of player deposits before 1 October. Tax Evasion Notices: Authorities […]

Can Airfares Be Regulated? Exploring India’s Aviation Market The aim of the new civil aviation minister, Kinjarapu Rammohan Naidu, is to make airfares more affordable. To understand the complexities of airfare regulation, let’s dive into the inflationary pressures on airfares, how they are designed, and the feasibility of government intervention. Seasonal Trends in Indian Aviation Market Demand Surge: Domestic and international air traffic in India peaks from May to mid-July due to summer vacations, resulting […]

Active vs Passive Funds: Finding the Right Approach for Your Portfolio Both active and passive investing strategies have their merits and can play a role in your investment portfolio. It is important to consider various factors when deciding which approach suits your specific needs and goals. Let’s delve into the key considerations: 1. Unique Strategies for Specific Purposes Passive funds offer unique approaches like smart beta strategies based on factors such as quality, momentum, and […]

Unleashing India’s Potential: Pioneering a Tech-Driven Transformation for a Viksit Bharat India’s growth story is a testament to its unwavering commitment to economic and technological advancement. With a dynamic population and a thriving tech ecosystem, India has emerged as a key player in the digital economy landscape. The New Frontier: India’s Tech-Driven Journey Market Capitalization Surge: India’s stock market capitalization has skyrocketed to $5 trillion, reinforcing its role as a global partner for businesses seeking […]