Digital – Page 28 – storyboard18

Lowering GST from 18% to 5% in EdTech will boost industry growth: Report

In recent years, the rising demand for EdTech services has contributed significantly to the economy through taxes.

If the GST rate on EdTech services were reduced from 18% to 5%, the sector could experience an impressive 34% compound annual growth rate (CAGR)

India has 17,000+ EdTech companies, 7 unicorns , second only to the United States’ 13: Report

Emerging technologies like generative AI, gamification, and augmented/virtual reality provide new opportunities to revitalise the sector by delivering more personalised and adaptive learning experiences for students. (Image: Unsplash)

The Indian EdTech industry, the third most funded globally after the US and China, was valued at USD $7.5 billion in 2024. It is expected to grow at a compound annual growth rate (CAGR) of 25.8%.

I&B Ministry initiates ‘Create in India Challenge’ for the upcoming Waves summit

Waves Summit to have 'Create in India' challenge to inspire innovation

As part of the upcoming Waves Summit, the Ministry is also launching the Create in India Challenge, Season 1, which will feature several ‘challenges’ aimed at fostering innovation and creativity.

‘Waves Summit shows India’s readiness to lead in media sector’s technological advancements’, says C Senthil Rajan, Joint Secy, I&B

Waves 2025 is being organized by the Ministry of Information and Broadcasting, Government of India, to celebrate and amplify India’s creative and media economy.

NCLAT to decide Meta’s plea against CCI’s Rs 213.14 cr penalty on Jan 23

In early 2021, Meta had introduced a new privacy policy that required users to share their data with Meta. As per the new policy, Meta was allowed to collect more user date which included phone numbers contacts and details surrounding transactions. CCI had termed it as "abuse of dominant position" by WhatsApp. (Image Source: Unsplash)

Senior advocates Kapil Sibal and Mukul Rohatgi appeared for the court appearing, and during its course, they contended that the CCI had overstepped its jurisdiction by ruling on WhatsApp’s privacy policy.

Indonesia eyes minimum age requirement for social media users

A survey conducted by the Indonesia internet service providers' association showed that internet penetration in the country reached 79.5% last year, based on data from 8,700 respondents.

Proposed regulation follows Australia’s lead in safeguarding children online.