ETtech Opinion: Implications of India’s tax rules for crypto

Crypto is an asset class and an investment product. Trading crypto requires specific skills and cannot be compared to gambling.

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Semiconductor chip shortage forced firms to curtail production: Economic survey

“The PLI and other schemes to boost semiconductors will not only help domestic companies to overcome the challenges posed by Covid-19 but also assist them to become globally competitive, especially in chip making,” the survey said.

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New tech helps government deliver faster, smarter

According to the Economic Survey, the Aatmanirbhar Skilled Employees Employer Mapping portal consists of AI-driven interfaces such as connecting applicants to hyper-local jobs using machine learning and automated match.

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IT business key driver helping services exports log 18.4% growth to $178 billion

Computer services comprised 49% of total services export in the first half of fiscal 2022 and continued to be the largest exported service in the first half of the fiscal 2022, said the Economic Survey report for 2021-22.

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Sony to buy 'Destiny' videogame developer Bungie in $3.6 billion deal

Bungie will join Sony's PlayStation family, the US company said in a blog post, as the Japanese conglomerate strengthens its network of in-house gaming studios behind hits such as "Spider-Man" to take on cash-rich rivals.

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Facebook's cryptocurrency venture to wind down after asset sale to Silvergate

The sale was the culmination of several years of struggle for Meta's fintech unit, which lost most of its leadership, including director David Marcus, amid an exodus of staffers in the fall.

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Economic Survey unpacked; budget wish lists for EV, edtech, ecomm

The survey also showed that Delhi has replaced Bengaluru as the startup capital of India in recent years. Over 5,000 recognised startups were added in Delhi while 4,514 startups were added in Bengaluru.

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