The digital payments industry is staring at a loss of around Rs 500-600 crore as the government has withdrawn the subsidy support on RuPay debit cards, according to two people in the know. In a ...

States are increasingly borrowing to finance subsidies – Punjab and Andhra Pradesh’s subsidy expenditure exceeds their revenue deficits. This reduces fiscal space for capital and other developmental ...

Ola Electric sold each scooter at a ₹10,000 discount to avail of the subsidy. If the company fails to register all its February sales in the two weeks left for FY25, it may stand to lose as much ...

DOGE is a way for Elon Musk “to sort of carve out a rent-seeking opportunity extraordinaire,” USC professor Jeb Barnes said, pointing to an already successful tactic for him: accumulating ...

Google South Africa has launched a new R2.5 billion Google Cloud region in Johannesburg. The global internet giant announced the launch on 16 March 2025, but the infrastructure has been open for ...

Google today announced plans to acquire Wiz, a cloud security startup, to the tune of $32 billion in an effort to strengthen its cloud security. Wiz is a cloud security platform that works with ...

The Detroit Land Bank Authority, the city's biggest property holder tasked with getting blighted properties back on the tax rolls, is facing a proposed 52% subsidy cut from the city that its CEO ...

After China unveiled a plan for special initiatives to boost consumption, including the potential establishment of a childcare subsidy system, Li Chunlin, a deputy director of the National ...

That's the date when supported devices will lose the option to store and process Alexa requests locally, ensuring that all voice recordings are sent to the cloud. An email that Amazon sent to ...

Less than two years after President Bola Tinubu removed the fuel subsidy in Nigeria, the effect of the decision is now being felt deeply by neighbouring Niger Republic. Also, findings by THE PUNCH ...

The New York Liberty have acquired veteran point guard Natasha Cloud from the Connecticut Sun in exchange for two first-round picks, the team announced Sunday. The Liberty will send the No. 7 ...