The government on Friday informed IT hardware players that the process of import authorisation for laptops, tablet, servers etc. will be completely online and has sought data of the past three years for the inbound shipments of mobile, IT and telecom products, sources aware of the development said. Industry players have been informed that the "import management system" portal, which will be managed by Directorate General of Foreign Trade (DGFT), will go live by the end of this month. "MeitY has informed companies that 'import management system' will go live by September end. It will be managed by DGFT. It has asked importers to feed their organisation data and import data subsequently for the past 3 years," a source, who did not wish to be identified, told PTI. The government has proposed to implement new rules for import of IT hardware from November 1. The new rule will allow imports of IT hardware by authorised firms. The import management system will handle imports related to .
So far, both Canada and India have expelled senior diplomats in reciprocal moves. On Thursday, September 21, India temporarily suspended visa services for Canadian citizens
He also shared that Accord Software & Systems, a domestic start-up, was the first Indian company to design NavIC chips
The centre plans to hire about 100 engineers from PESITM in the next year and train them for three months to make them industry-ready to handle projects related to Building Information Modelling (BIM)
In a video interview with Shivani Shinde, Devanathan talks about the next big bets for Meta in India and her priorities
The rise in imports is expected to continue in September as well, as it takes 4-6 weeks for consignments to reach India
A total of 131 cities have been identified for the implementation of the city-specific action plans under this programme, for reducing air pollution by up to 40% by FY26
20% cost optimisation achieved by large firms by using Cloud
The scheme aims to generate incremental production worth Rs 3.35 trillion over the next six years, said Ashwini Vaishnaw, Union Minister of Communications and IT
OTT platforms are also worried about the impact of a consultation paper proposed by the Telecom Regulatory Authority of India (Trai) on regulation
The duty rates on computer software and hardware were cut to zero after India became a signatory to the Information Technology Agreements (ITA-1 and ITA-2) at the World Trade Organisation
The Meghalaya government will soon announce an IT policy which will benefit investors and create employment opportunities in the state, Chief Minister Conrad K Sangma said on Friday. Addressing a programme here, he said investors will be provided incentives in terms of capital investment, GST and electricity tariff, among others, under the policy. "We are on the verge of announcing the IT policy. It has taken us about a year's time, and we had elections in between. We are waiting for the final comments from the Industries Department, and within a couple of weeks, maximum of three weeks, we will roll out the IT policy," he said. Under the CM-ELEVATE program, the state government plans to provide financial support to 20,000 startups and businesses, including those in the IT sector, in the future, Sangma said. "We feel the government should provide subsidies to such industries that give direct benefit to our people in terms of employment, rather than giving benefits to large industrie
Mastercard CEO Michael Miebach on Friday said Generative Artificial Intelligence (GenAI) offers 'tremendous opportunities' and companies should follow self-regulation to unlock its potential. Miebach also suggested that companies using GenAI should follow four key principles -- transparency, privacy and security, accountability and integrity -- before a full fledged regulation comes in for the sector. When there were concerns of data security and privacy, digital finance companies had adopted a self-regulation model, he said. Mastercard very simply said you are a customer, you control your data, you benefit from your data and it's the industry's job to keep it safe. Can we do the same thing with AI. As an industry can (we do) a self regulation and that (can) lead into regulatory frameworks. Absolutely we can, said the CEO of the US-based payments technology major. As a company that deals in trust, and safety and security, our focus in AI has always been to make payment transactio
Union Minister of State for Electronics and Information Technology Rajeev Chandrasekhar on Thursday forecast that the digital economy will contribute more than 20 per cent of the country's GDP in 2026. Addressing the 'G20 Digital Innovation Alliance Summit' here, he said India is a preeminent nation that adopted technology very fast and has started offering solutions to the world. "The digital economy has gone from 4-4.5 per cent in 2014 of the total GDP to 11 per cent of the total GDP today. And we expect the digital economy to contribute over 20 per cent of our GDP by 2026," Chandrasekhar said. According to him, India adopted technology not just for innovation in a broader sense, but to deliver real solutions that have transformed people's lives, governance and democracy in the last few years. "This pace of digitalisation means we are now looking at every citizen, every consumer consuming digital products or services, whether it is Instagram reels or Digital Public Infrastructure
Collaboration will enable London-based video and broadband company to realise run-rate savings of more than $109 bn
The Ministry of Electronics and Information Technology (MeitY) launched the Indian Web Browser Development Challenge (IWBDC) on Wednesday, according to a release. The IWBDC is an open challenge competition that seeks to inspire and empower technology enthusiasts, innovators, and developers from all corners of the country to create an indigenous web browser. The programme saw participation from more than 200 participants from government departments, industry, startups and academia through online and offline modes, the release said. A panel discussion was also organised wherein the queries of the participants were answered by MeitY, CCA and C-DAC officials, it added.
He emphasised the milestones achieved through Digital India in the past nine years, which catalysed the country's rapid progress towards a five trillion US dollar economy by 2026
The fear of a recession in the US has emerged as a major hurdle for the IT sector. There is also a dearth of new projects which may impact the recruitment of new engineers
German Chancellor Olaf Scholz expressed the country's intention to simplify work visa rules for Indian IT workers in February to fulfil the demand for software expertise
IT services firm's service will enable GE Healthcare to provide care solutions to more than 1 bn patients