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India proposes extending tax breaks for contract manufacturing in a boost for Apple

India’s new rule targets bonded-zone factories, keeping them attractive mainly for export production India has proposed extending tax exemptions until 2041 for foreign companies that provide machinery to contract ‌manufacturers, handing a major win to Apple which had lobbied for such changes, and is fast expanding in the market. India has been a key market for … Read more

Alibaba unveils its largest AI model yet, DeepSeek’s latest model is ultra-low cost

The developments show Chinese AI firms racing to build more powerful systems without sharply raising costs Qwen and Alibaba logos are seen in this illustration taken, January 29, 2025. REUTERS China’s Alibaba on Monday unveiled its largest ​and most capable AI model to date, sending its shares surging, while a research firm said DeepSeek’s latest … Read more

Shuja Asad joins Karachi protest demanding justice for Wafflix owner, Mir Raza Ali

photo shujaasad instagram

Actor urges celebrities to join calls for justice as police continue investigating the death Actor Shuja Asad joined protesters in Karachi over the weekend to demand justice for Mir Raza Ali, the owner of the Wafflix food chain, who died in a tragic incident on July 28. Asad attended the demonstration in Bahadurabad alongside fellow actor … Read more

Wales withdraws support for Infantino re-election

FIFA president Gianni Infantino speaks during the event. Photo: REUTERS LONDON: Wales said it will withdraw support for FIFA President Gianni Infantino’s re-election bid for a new term from 2027-2031 after his failed plan to sell a stake in ​the World Cup’s commercial rights. FIFA’s ambitious plan to unlock up to $4.2 billion from ‌private investors by … Read more