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4 weeks ago | 
thehindubusinessline.com | Aroosa Ahmed |G Balachandar |S Ronendra Singh
Donald Trump’s proposed 25 per cent tariff on auto parts imported into the US is set to impact Indian auto component manufacturers significantly, given their strong exposure to the American market. Industry experts warn that the tariffs, expected to take effect from May, will compress operating revenues, as exports form a crucial part of the sector’s earnings. “The tariff is expected to dent the operating margins of auto parts makers by 120-150 bps.
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1 month ago | 
thehindubusinessline.com | S Ronendra Singh |Thomas K Thomas
Joel Kaplan was recently appointed as Meta’s Chief Global Affairs Officer after nearly 14 years at the tech company. His appointment comes at a crucial time when the future of AI regulation and concerns over data privacy are at the forefront of global discussions. Kaplan, known for his close ties to Donald Trump administration, brings a wealth of experience in navigating complex political and business landscapes.
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2 months ago | 
thehindubusinessline.com | S Ronendra Singh
The government has increased allocation for key technology projects including production-linked incentives (PLIs) for mobile phones, IT hardware, semiconductor scheme and IndiaAI Mission, by about 84 per cent to ₹18,000 crore for the next fiscal, apart from setting up a Centre of Excellence in Artificial Intelligence (AI) for education with a total outlay of ₹500 crore.
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2 months ago | 
thehindubusinessline.com | S Ronendra Singh
With the reduction in basic customs duties on import of motorcycles with engine capacity of 1600 cc from 50 per cent to 40 per cent and on the import of cars costing more than $40,000 from 125 per cent to 70 per cent, the Budget 2025-26 has met the demand of some luxury auto makers to bring their global technology at a reduced cost.
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2 months ago | 
thehindubusinessline.com | S Ronendra Singh
To boost the electric vehicles (EVs) and mobile phones sectors, the Budget 2025-26 has proposed to add 35 additional capital goods for EV battery manufacturing, and 28 additional capital goods for mobile phone battery manufacturing. “I propose to add 35 additional capital goods for EV battery manufacturing, and 28 additional capital goods for mobile phone battery manufacturing.
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2 months ago | 
thehindubusinessline.com | S Ronendra Singh
There has been a paradigm shift in India’s telecom technology space that underscores an ongoing effective transition from a technology importer to a technology developer and exporter, the Economic Survey 2024-25 said on Friday. India’s achievement of the fastest 5G rollout globally highlights its technological prowess in the telecom sector. India’s telecom sector is expanding with the smartphone boom, surging data consumption, and the advent of technologies like 5G, it said.
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2 months ago | 
thehindubusinessline.com | S Ronendra Singh
Artificial intelligence (AI) should be able to help rather than replace jobs, the Economic Survey 2024-25 said on Friday. It said that some of the fears about AI being hugely disruptive to employment might be “misplaced”. It said that for India, a services-driven economy with a youthful and adaptable workforce, the adoption of AI offers the potential to support economic growth and improve labour market outcomes.
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2 months ago | 
thehindubusinessline.com | S Ronendra Singh
Amid global developments in the wake of the Chinese firm DeepSeek’s dramatic rise threatening American giants, India is slowly inching towards building capacities for developing AI tools. The government on Thursday announced receiving bids for 18,693 graphics processing units (GPUs) or AI compute infrastructure under the ₹10,372 crore IndiaAI Mission.
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2 months ago | 
thehindubusinessline.com | S Ronendra Singh
India has no safety concerns regarding DeepSeek’s artificial intelligence (AI). In fact, it is hosting the Chinese open-source AI model on Indian servers to evaluate various nuances over the next few days. “Good thing is that DeepSeek is an open source model, and we are very soon going to actually host DeepSeek on Indian servers. We will be hosting their entire model...the way we hosted Llama on Indian servers.
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2 months ago | 
thehindubusinessline.com | S Ronendra Singh
Driven by bumper sales during the festive season and rest of the months, Maruti Suzuki India (MSIL) on Wednesday reported 16.21 per cent year-on-year (y-o-y) growth in its consolidated net profit to ₹3,727 crore for the third quarter (Q3) ended December 31, as compared with ₹3,207 crore in the corresponding period last fiscal year (FY).
