💸 GST Tweaks + ITC Split: Your December 30th Update

Good Morning, Chai Lovers! ☕

It’s Monday, December 30th—the second-to-last day of 2024! The New Year is knocking on the door, and while we’re busy reminiscing about the highs and lows, there’s no time to slack off on your news fix. So, grab your chai and let’s dive into today’s headlines with a dollop of masala! 🌟

Chai Shots 🌍

• Reliance Jio vs OTT Regulation: Reliance Jio opposes calls to regulate OTT content services under the Telecom Act, highlighting their distinction from traditional platforms like cable TV. Airtel, however, wants a uniform framework for all platforms delivering similar content. The OTT debate just got spicier! 🔥

  What does this mean for you? Streaming services like Netflix and Amazon Prime may avoid stricter regulations (for now), which could mean fewer disruptions and continued access to diverse content libraries.

• BluSmart’s Mumbai Debut: EV cab service BluSmart is bringing its reliable, all-electric rides to Mumbai on January 1, with an exclusive invite-only program to start. Get ready, Mumbaikars, to ride green and guilt-free! 🚖

• Navi Mumbai Airport Milestone: IndiGo’s successful flight test at Navi Mumbai International Airport (complete with a water cannon salute!) has set the stage for its April 17, 2025, inauguration. Domestic flights begin in May, and international ones by July. ✈️

• India’s Exports to Australia Soar: Exports to Australia jumped 64.4% in November, thanks to booming textiles, chemicals, and agriculture sectors. Can the ECTA trade pact hit its ambitious $100 billion target by 2030? 🛍️

The Big Brew 🍵