Govt cuts windfall tax on fuel export, domestic crude oil
The government on Wednesday scrapped a three-week-old tax on the export of petrol and cut windfall taxes on overseas shipments of diesel and ATF as well as on domestically produced crude oil after global oil prices fell. While the Rs 6 a litre
India 5G phone market to expand over 70 per cent by end of 2023
The India 5G smartphone market is expected to expand by more than 70 per cent (on-year) by the end of CY2023, a report said on Tuesday. The India smartphone market recorded more than 13 times growth in its 5G shipments from the year of its initial introduction in 2020.
RBI cautions states against reverting to the old pension scheme
The Reserve Bank has sounded a note of caution on reversion to the old pension scheme by some states, saying it poses a major risk on the “subnational fiscal horizon” and would result in accumulation of unfunded liabilities in the coming years for them.
Global chip revenue reaches $602 bn last year: Report
Global semiconductor revenue increased by 1.1 per cent in 2022 to total $601.7 billion, up from $595 billion in 2021, a new report said on Tuesday. According to Gartner, the combined revenue of the top 25 semiconductor vendors increased by 2.8 per cent in 2022
Google Translate rolls out support for 33 new offline languages
Google has rolled out support for 33 new offline languages under the offline language functionality. “We’re expanding the offline language functionality to 33 new languages. This allows users to download the languages of interest and translate text when the internet connection is unavailable,”
Teaser of Quotation Gang is out
The teaser of Quotation Gang, the upcoming multilingual film, was released by the makers on social media. The film stars Jackie Shroff, Sunny Leone, Priyamani, and Sara Arjun in main roles.
Hindi version of Telugu hit ‘Akhanda’ to arrive in theatres on Jan 20
Actor Nandamuri Balakrishna’s blockbuster Telugu movie “Akhanda” is all set to release in Hindi on January 20, the makers announced on Tuesday. Written and directed by Boyapati Sreenu, the movie was released in Telugu in December 2021 and earned over Rs 120 crore at the box office.
Yash Raj Films to open advance booking for Pathaan in India on Jan 20
Touted as one of the biggest ever action spectacles that audiences will see in theatres, the visually spectacular Yash Raj Films’ action extravaganza, Pathaan, is part of Aditya Chopra’s ambitious spy universe and has the biggest superstars of the country – Shah Rukh Khan, Deepika Padukone and John Abraham
Aus Open: Murray holds off Matteo Berrettini in five-set thriller
Two-time Grand Slam champion Andy Murray edged 13th seed Matteo Berrettini of Italy in an instant classic decided by a fifth-set tie-break 6-3, 6-3, 4-6, 6-7(7), 7-6(10-5) to advance to the second round of the Australian Open on Tuesday.
