During her interim Budget speech on Thursday, Finance Minister Nirmala Sitharaman highlighted the positive impact of government initiatives such as startup credit guarantees and the Small Industries Development Bank of India (SIDBI) fund of funds scheme in generating employment opportunities for the country s youth.
Budget 2024: Here’s why startups and VCs are feeling underwhelmed – Business Today Read More »
During the presentation of the Union Budget 2024, Finance Minister Nirmala Sitharaman made a number of policy announcements aimed at accelerating the country s technology and startup ecosystem, particularly in the sunrise sectors.
Budget 2024: Takeaways For Technology and Startup Sectors – CIO Tech Outlook Read More »
The interim budget for 2024-25 has proposed to extend the tax holiday offered to startups, sovereign and pension funds, and certain investment units housed in GIFT City’s International Financial Services Centre (IFSC), by one year until March 31, 2025.
While presenting the Budget 2024 today, February 1, Finance Minister Nirmala Sitharaman said, our focus is on four major classes for welfare youth, women, poor, and farmers. In the context she added that PM Mudra Yojana has sanctioned 43 crore loans amounting to Rs 22.5 lakh crore for entrepreneurial aspirations of the youth of the country, saying, Fund of Funds, Startup India and Startup Credit Guarantee Schemes are assisting our youth.
Budget 2024: In a respite for the startup ecosystem, the Centre on Thursday announced to extend tax benefits for startups and investments made by sovereign wealth and pension funds to March 2025. Certain tax benefits to startups and investments made by sovereign wealth or pension funds as also tax exemption on certain incomes of some International Financial Services Centre (IFSC) units are expiring on March 31 this year.
According to B.V. Naidu, venture capitalist and Chairman of Karnataka Digital Economy Mission, the focus on deeptech is a great move that will enhance India s position from a service focused economy to an intellectual property driven product destination. He said the country is capable of catching up with leading global players in technology such as Israel, the U.S., EU, China, Korea, and Japan.
Small and Medium Enterprises (SMEs) showcase remarkable agility in addressing deepfake content on the internet due to their inherent flexibility and nimble decision-making processes. Unlike larger organizations, SMEs benefit from streamlined communication channels and closeknit teams, enabling swift dissemination of information and rapid response to emerging threats, such as deepfake risks.
Why SMEs Must Remain Agile Towards Deepfake Content on Cybersecurity – SME Street Read More »
Discussing the recent hack on Microsoft systems, Nadella emphasised the need for global cooperation, suggesting that the US, Russia, and China come together to establish a Geneva Conventions for cybersecurity. AI advancements: How far can you take it
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Rakuten Sixth Sense, the B2B technology products arm of the Japanese conglomerate Rakuten Group (world’s third largest ecommerce platform with 76+ businesses in over 30 countries), recently hosted an exclusive assembly of cybersecurity leaders at its headquarters in Bangalore.
Rakuten Hosts CISO Roundtable on Cybersecurity Landscape – SME Street Read More »
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