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Rs 23,000 Cr Electronics Component Manufacturing Scheme A Hit With MSMEs: Ashwini Vaishnaw

New Delhi, May 19 (KNN) Union Minister Ashwini Vaishnaw announced that the government has received 70 applications for its Rs 23,000-crore Electronics Component Manufacturing Scheme (ECMS), with small and medium enterprises comprising the majority of applicants. These applications were submitted within just 15 days of the application window opening on May 1. Vaishnaw highlighted that...
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Gujarat Provides Over Rs 7,864 Crore to MSMEs, Leads Nation in ZED Certification

Gandhinagar, May 17 (KNN) Between 2020–21 and 2024–25, the Government of Gujarat has provided financial assistance exceeding Rs 7,864 crore to more than 1.3 lakh micro, small and medium enterprises (MSMEs) through a range of state-level schemes.  The support has come in the form of capital investment subsidies, interest subsidies, and credit guarantee assistance, according to...
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TechCrunch and VivaTech Partner for the VivaTech Innovation of the Year

TechCrunch is joining forces with VivaTech, Europe’s biggest startup and tech event, to select startups for the prestigious VivaTech Innovation of the Year at VivaTech 2025. This partnership will highlight exceptional creativity, technological ingenuity, and industry-transforming potential among exhibiting startups. The VivaTech Innovation of the Year Award acknowledges and celebrates exhibiting startups at VivaTech 2025...
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OpenAI priced GPT-5 so low, it may spark a price war

OpenAI astounded the tech industry for the second time this week by launching its newest flagship model, GPT-5, just days after releasing two new freely available models under an open source license. OpenAI CEO Sam Altman went so far as to call GPT-5 “the best model in the world.” That may be pride or hyperbole,...

WTO | 2025 News items

A surge of imports in the United States in the first quarter ahead of widely anticipated tariff hikes contributed to the upward revision to the forecast for 2025 issued in the April Global Trade Outlook and Statistics report. Increased tariffs—including those that took effect this week—will dampen trade in the second half of 2025 and...

Meta acquires AI audio startup WaveForms

Meta has acquired AI voice startup WaveForms for an undisclosed sum, The Information reports. It’s the company’s latest buy to strengthen its new AI unit, Superintelligence Labs, and Meta’s second major AI audio acquisition in the last month after it bought PlayAI.  WaveForms, founded just eight months ago, raised $40 million from Andreessen Horowitz in...

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