CHINA SHIFTS STANCE ON GAMING INDUSTRY POST $80B MARKET TURMOIL
The Business Guardian|January 23, 2024
On Monday, China allowed 105 domestic games, marking the most recent indication that Beijing is adopting a more lenient stance in response to an $80 billion market downturn last week triggered by its attempts to enhance industry regulations.
CHINA SHIFTS STANCE ON GAMING INDUSTRY POST $80B MARKET TURMOIL

In a surprising turn of events, China approved 105 domestic games on Monday, signaling a potential shift in its regulatory stance on the gaming industry. This move comes on the heels of Beijing's recent tightening of industry restrictions, which resulted in an $80 billion market rout last week. Notably, the approved titles include those operated by Tencent Holdings Ltd. and NetEase Inc., China's two leading game publishers that were adversely affected by the stringent regulations.

The announcement of these approvals was met with relief by industry insiders and investors, who have been closely monitoring Beijing's regulatory moves in the tech and gaming sectors. An industry association emphasized in a post on WeChat, later republished by the official Xinhua news agency, that the approvals demonstrate the Chinese authorities' support for the development of online gaming.

هذه القصة مأخوذة من طبعة January 23, 2024 من The Business Guardian.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة January 23, 2024 من The Business Guardian.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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The Business Guardian

POLLUTION IMPACT NOT RESTRICTED TO DELHI ALONE: SISODIA

Aam Aadmi Party (AAP) leader Manish Sisodia on Monday put the blame on the Bharatiya Janata Party (BJP)-led central government over rising pollution in North India.

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November 19, 2024
AAP blames officials for negligence
The Business Guardian

AAP blames officials for negligence

Amid worsening air quality in the national capital, Delhi Environment Minister Gopal Rai said that the meeting of senior officers of departments concerned at 12 noon for implementation of GRAP IV was rescheduled for later on Monday.

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1 min  |
November 19, 2024
CM ATISHI HITS OUT AT CENTRE AS POLLUTION SOARS IN NORTH INDIA
The Business Guardian

CM ATISHI HITS OUT AT CENTRE AS POLLUTION SOARS IN NORTH INDIA

Atishi slams the Centre for failing to tackle stubble burning, a recurring issue for five years.

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2 mins  |
November 19, 2024
The Business Guardian

LG orders staggered office hours

In a letter to the Secretary of the Department of Personnel and Training (DoPT), the association said that poor air quality has also had a noticeable effect on workplace productivity with employees experiencing symptoms such as respiratory issues, eye irritation, fatigue and general discomfort.

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1 min  |
November 19, 2024
The Business Guardian

Air purifier, mask sales up in Delhi-NCR

\"At this level, wearing an N95 mask is not an option but a necessity. Even healthy individuals can fall victim to health complications\"

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1 min  |
November 19, 2024
The Business Guardian

Govt to act on 'odd-even' scheme based on expert advice

The scheme operates from 8 am to 8 pm, restricting vehicular movement based on this alternating pattern.

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November 19, 2024
The Business Guardian

SC seeks explanation from Registry why counter affidavit tiled by non-party was accepted

The Supreme Court in the case Harmanpreet Singh v. State of Punjab observed and has sought an explanation from the Registrar (Judicial) how a party i.e., the complainant in the said case was able to file a counter-affidavit when its application filed seeking impleadment was not allowed by the Court.

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1 min  |
November 19, 2024
SC Collegium recommends appointment of Justice D Krishnakumar as the Chief Justice of Manipur High Court
The Business Guardian

SC Collegium recommends appointment of Justice D Krishnakumar as the Chief Justice of Manipur High Court

The Supreme Court Collegium bench led by CJI Sanjiv Khanna has on November 18, recommended the appointment of Justice D Krishnakumar as the Chief Justice of Manipur High Court.

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1 min  |
November 19, 2024
Supreme Court dismisses plea for enquiry into Netaji Subhash Chandra Bose's death
The Business Guardian

Supreme Court dismisses plea for enquiry into Netaji Subhash Chandra Bose's death

The Supreme Court in the case observed and has dismissed the petition filed seeking inquiry into the death of Netaji Subhash Chandra Bose.

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1 min  |
November 19, 2024
The Business Guardian

Delhi High Court directs RSY News to take down original videos of ANI in copyright infringement suit

The Delhi High Court in the case ANI v. RSY News & Anr. observed and has directed RSY News to remove or take down from its YouTube channel the original and copyrighted videos of Asian News International, ANI in the copyright infringement suit filed by the news agency.

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1 min  |
November 19, 2024