Union Budget 2025: M&E sector seeks GST revision on digital services, investment in skill development

Indian media and entertainment industry is looking for favorable policy and tax announcements in the upcoming budget for growth. (Image source: Julius Drost, Unsplash)

The media and entertainment sector anticipates simplified regulatory frameworks, a conducive environment for innovation, and initiatives that enhance the digital and technical skills of the workforce.

Maha Kumbh 2025: Travel platforms up ad spends by 40% as bookings skyrocket

OTC platforms/agencies are investing heavily in advertising during the Maha Kumbh and have increased ad spends approximately 40%-50% year-on-year, this includes targeted promotions for flight bookings, pilgrim tour packages and hotel simultaneously.

As train and flight bookings rise over 200% on the back of Maha Kumbh, the online travel platforms and agencies significantly up advertising spends.

Ayushmann Khurrana appointed ambassador for FICCI Frames

Held annually in Mumbai, the event brings together influential personalities, creative professionals, and policymakers from around the world to discuss emerging trends, innovative technologies, and key challenges in the entertainment landscape.

Held annually in Mumbai, the event brings together influential personalities, creative professionals, and policymakers from around the world to discuss emerging trends, innovative technologies, and key challenges in the entertainment landscape.

By 2030, digital economy to fuel 20% of India’s national income: MeitY

In 2022-23, the digital economy accounted for 14.67 million workers, or 2.55% of India’s estimated work force, according to MeitY.

India’s digital economy is expected to grow almost twice as fast as the overall economy, and is expected to contribute one-fifth of GDP by 2030, says the Ministry of Electronics and Information Technology (MeitY) in its latest report.

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