Category: Gaming

Virat Kohli leads as top taxpayer among Indian sportspersons

Kohli's Rs 66 crore contribution places him in fifth overall, a testament to his financial influence beyond the cricket field.

The former Indian cricket captain paid Rs 66 crore in taxes for the 2023-24 financial year, topping the list of Indian athletes.

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PM Modi’s I-Day speech spurs DPIIT to fast-track FDI policy for online gaming: EXCLUSIVE

DPIIT is accelerating the process of drafting a 100 percent Foreign Direct Investment (FDI) policy for online gaming.

DPIIT has written letter to MIB, MeitY, Niti Aayog seeking clarification on the definition of game of chance and game of skill for drafting a policy on 100 percent FDI for online gaming

EXCLUSIVE: RMG players meet MIB, request quality seals for legitimate games

A research report titled The Effectiveness of Tobacco Disclaimers on OTT Content Services by Koan Advisory Group, published in May 2023, found that OTT content does not significantly influence smoking habits in India.

It’s important to note that for more than nine months now, policies surrounding the RMG industry have been on the back burner. With no developments on the regulatory front, RMG companies continue to struggle under the burden of additional taxes.

Valorant and Fortnite lead India’s online gaming chatter, BGMI follows close behind

India's video games market generated revenue of $830 million in 2023, up 15.9% year-over-year (YoY), slightly down from the 19% growth seen in 2022, according to Niko Partners.

In terms of social media chatter about top gaming streamers in India, Tanmay Singh, also known as ‘sc0utOP’ is topping the charts in social media mentions, closely followed by Ankit ‘v3nom’ Panth.

India’s AVGC industry faces a 2.3 mn talent gap

Karnataka aims to serve as the epicenter for innovation, research and development in the gaming sector. It will house state-of-the-art facilities such as high-performance computing clusters, simulation labs and testing zones to support all aspects of game development from concept to deployment. (Image source: Moneycontrol)

Currently, there are 260,000 AVGC professionals scattered across India, primarily clustered in about 11-12 cities.