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Detailed stories on technology startups, business and economic current affairs.
With a higher GST rate and the threat of retrospective taxation, the sector—which has always had the tinge of gambling—is finding reality worse than its nightmares.

In recent weeks, online real-money gaming—where players pay to participate in games from fantasy cricket to Ludo for a chance to win real money—has been shaken to its core and then some. There have been two developments here that have sent the sector into a tizzy, one in August and another just a few days ago.
Earlier this month, it turned out that Gameskraft, one of the largest real-money gaming companies in India, will now be fighting a case in the Supreme Court against a demand from the goods and service tax authorities for Rs 21,000 crore. The company had …
The Walmart-owned e-commerce company has entered microdramas and food delivery. Is it thinking long-term or just chasing a trend?
A churn in venture capital collides with the fear of missing the AI wave, while the Ajay Singh-led airline’s recurring crises raise deeper questions.
The Abu Dhabi investment firm just upped the AI stakes, private debt in the Gulf is having its moment in the sun, and other updates from this week.