Browsing: Government

Amidst high tariffs imposed by the US, the government has formed a committee to address tax and export clearance issues faced by manufacturing units. The committee, comprising representatives from various ministries and industry bodies, will examine existing tax structures and procedures, identify sector-specific challenges, and recommend global best practices to enhance export competitiveness.

The government has relaxed land area regulations for Special Economic Zones (SEZs) dedicated to manufacturing semiconductors or electronic components, reducing the required contiguous land area from 50 to 10 hectares. This move aims to boost domestic production of essential electronic components, including display modules, batteries, and printed circuit boards.

Grok 3, the latest version of xAI’s chatbot, is positioned as a competitor to Google’s AI models, including Gemini. The competition in AI-powered search is intensifying. In December, OpenAI announced that its ChatGPT-powered internet search feature would be available to all users, challenging Google’s dominance.