Weekly News Updates-India May 31 to Jun 6

India's GDP increased by 6.1%; WhatsApp bans more than 70 lakh accounts in India; MeitY launches the ERSO pilot project; Samsung may lose PLI benefits; Modi's chip- making plan suffers setback; Tatas commit more than Rs 7,600 crore to the electronics industry; Foxconn to produce iPhones in Bengaluru by April 2024; Manufacturing PMI hits 31-month high; Decrease in foreign investments in India's startup ecosystem

Weekly News Updates-India May 24 to May 30

Tesla plans to build EV facility in India; India to deny funding for the Vedanta-Foxconn chip venture; MeitY invites applications for incentives under PLI 2.0 for IT hardware; The world's fastest 5G rollout now in India; India to postpone its appeal of the EU's ICT dispute in the WTO; New Parliament Building inaugurated; Chandrayaan-3 to be launched in July; BlackRock reduces the value of BYJU

Weekly News Updates-India May 17 to May 23

IT hardware market to grow 2.5 times; Centre approves the updated PLI plan; Wistron departs the Indian Apple business; Center intends to regulate AI platforms; Taiwan conducts its first Mandarin TOCFL test in India; India’s PC Market Declined by 30.1% YoY; 27% of Indian businesses are confident they are ready for ESG; 2000 Rs notes to be discontinued; No TCS on debit card, credit card forex payments of up to Rs 7 lakh

Weekly News Updates-India May 10 to May 16

Foxconn to invest $500 million in Telangana Foxconn (2317.TW), a supplier to Apple Inc (AAPL.O), will invest $500 million to build manufacturing facilities in the Telangana state of southern India, the state’s IT minister announced on Monday. In the first phase,…

Weekly News Updates-India May 3 to May 9

India's exports to reach $900 billion in the coming year; Campus-wide Wi-SUN FAN 1.1 network for Smart City Apps launched; India's rating remains at "BBB-" from Fitch; India renews call for chipmakers; Government’s support of startups in India; Government likely to expand the PLI scheme for IT hardware

Weekly News Updates-India Apr 26 to May 2

Manharsinh L. Yadav to be India's new representative in Taiwan; Wistron to discontinue operations in India; Govt incentives decide India's future growth of EV adoption; GST revenue for April 2023 at a record high; Centre to extend the deadline for the Smart Cities Mission; First Draft Of Digital India Act To Be Released; Hydrogen Valley project design launched; ED raid at Byju’s

Weekly News Updates-India Apr 19 to Apr 25

Foxconn to expand its Chennai iPhone unit; Standards and testing for EV charging infrastructure released; Rajesh Kumar Singh appointed as DPIIT secretary; 20% YoY decrease in handset production; Space policy sets out roles of pvt, govt entities; Expansion of Scientific & Industrial R&D in Quantum Technology; Tamil Nadu halts a law that will increase production hours

Weekly News Updates-India Apr 12 to Apr 18, 2023

India's global computer services exports increased; Electronics exports surpass garments in India; Google withdraws SC appeal of the NCLAT; Vedanta Foxconn jv aims to generate sales by FY27; India voices strong opinions about importing Russian oil; Pou Chen Group from Taiwan to invest $280 million in India

Weekly News Updates-India Apr 5 to Apr 11, 2023

Transmission fee waiver for the green hydrogen plants; Apple’s first India offline retail store to open in Mumbai; India's industrial output increased by 5.6% in February; VCs more cautious, go slow on startup deals; FDI in space sector is allowed up to 100% in the area of Satellites; New Digital Personal Data Protection Bill to be Introduced