What Does India’s EV Industry Have in Store for Budget 2023? The FAME II and PLI programs, tax breaks, and help with the localization of EV components are a few of these initiatives. What does the Budget 2023 hold for India’s EV industry? India is accelerating quickly in order to fulfill the 2030 target, and the EV industry anticipates significant legislation and modifications. Indian EV industry revs up for expansion, with significant policy changes in 2023Concerning regulation, investments, and expansion, 2023 will represent a turning point for the Indian Electric vehicle industry.
Sextortion practices resorted by strangers: A new scam on the riseIn March 2021, a 26-year-old civil service aspirant hailing from Bengaluru’sKR Puram area committed suicide after he was repeatedly blackmailed by extortionists. Sextortion is an act wherein a victim is blackmailed using sensitive information and in many cases, using morphed videos or pictures. The scammers are usually women in such cases of sextortion, but in many cases, the gangs are usually run and operated by men. In March 2022, a 30-years old man fell prey after he received a video call from an unknown person. The easiest way to protect oneself from sextortion schemes is to avoid watching any explicit content on mobile or any other devices.3 months ago Inventiva
Australia’s Parliament approved the India-Australia Free Trade Agreement (FTA) on Tuesday, at a time when trade between the two nations is already at record-high levels. India’s trade in goods with Australia is largely fueled by imports from that country. India hopes to access Australia’s minerals as a free trade agreement is approved, reducing its reliance on China. The Comprehensive Economic Cooperation Agreement (CECA), which is currently being negotiated, will eventually replace the initial trade agreement known as the AI-ECTA. This is the second such trade agreement that the Modi administration has successfully implemented.2 months ago Inventiva
Tech professionals who have been laid off are having difficulty finding jobs as a result of the global recession. Companies Laid off are having difficulty finding jobs as a result of the global recessionMeta- 11,000 jobsThe firm that owns Facebook, Meta Platforms, was responsible for the majority of these layoffs. More than 50 of the affected employees were based in Singapore. A list of software industry layoffs that have been widely circulated now includes the names of more than 30 affected Stripe employees. Shopify- 1000 jobsThe Canadian e-commerce behemoth Shopify announced in July that it had sacked 1,000 employees, or 10% of its worldwide staff, after a decrease in online spending.2 months ago Inventiva
Xiaomi’s operation status regarding PakistanIn an event of the crackdown on operations handled by government agencies, Xiaomi India has denied claims that the business is shifting its headquarters from India to Pakistan. Xiaomi India may now shift its activities to Pakistan after the Indian government seized property worth $676 million, the report added. The enforcement department has been looking into Xiaomi India for allegedly sending money abroad illegally while pretending to be royalties. Samsung comes in second with a 19% share of the Indian smartphone market, behind Xiaomi with 26% of shipments. 47%, compared to India’s 30.3 percent investment share and 31.2 percent saving share.3 months ago Inventiva
Top 10 Best News & Magazines Mobile Apps in India 2023Reading newspapers and periodicals is among the most common and necessary items in our everyday life. 4.4 out of 5 rating stars on Google Play Store. Through the app, users can conveniently keep up with the stock markets. Opera NewsOpera News is the best option if you’re looking to get free news apps for Android. Users are sure to experience a terrific reading style if they imbue the news app’s user interface with rich material.3 months ago Inventiva
Following its abrupt downnfall, the cryptocurrency exchange FTX filed mainly for the Chapter 11 main bankruptcy protection in the US on Friday, claiming it may owe money to currently more than 1 million creditors. When it came to filing “first-day” papers, which outline the company’s debts and also how it got into bankruptcy, FTX had an unusually slow start. FTX Exchange: What Is It? The FTX Exchange, a prominent centralized cryptocurrency exchange, was renowned for its knowledge of derivatives and leveraged products. To guarantee there are liquid assets available to facilitate trading, FTX also managed an FTX Backstop Liquidity Fund.2 months ago Inventiva
To enter the defense business, a joint venture (JV) has been formed by Adani Enterprises with Bulgaria’s Armaco JSC. Defense Joint Venture – A Move Towards Aatmanirbhar BharatThe development comes in the backdrop of the government’s push for Make in India in defense. Several groups such as Mahindra and Mahindra, Tata, Bharat Forge, etc have made forays into defense manufacturing in an attempt to participate in India’s multi-billion dollar defense manufacturing programs. About 68 percent of the capital expenditure budget for the defense sector was also earmarked for domestic procurement. In a sector driven by a single customer, the government must ensure that the private sector is as respected and incentivized as the public sector.10 days ago Inventiva