News Broadcasting
STB duties: finance ministry won’t budge
MUMBAI / NEW DELHI: After a “disappointing” budget, the Consumer Electronics Traders and Manufacturers Association (CETMA), the apex body of electronics goods manufacturers in India, had to listen to more bad news today
A meeting among CETMA, information & broadcasting ministry officials and finance ministry officials ended today with it being firmly conveyed that there would be no reduction in duties on set top boxes, as was being sought by the electronics manufacturers.
“At the moment it looks that STBs will have to be imported with 51 per cent duty (25 per cent basic customs duty, 15 per cent countervailing duty and 4 per cent additional taxes), CETMA’s Suresh Khanna told indiantelevision this evening, sounding dejected.
According to Khanna in the initial phase of conditional access rollout, the whole set top box would have to be imported. It would only be later when demand picked up that semi-knock down kits and finally completely knocked down kits could be manufactured, Khanna said.
Khanna had said immediately after finance minister Jaswant Singh presented his budget that CETMA would be petitioning the I&B ministry as also the finance ministry “at the first available opportunity” to push for review of the government (in)decision on STBs, especially at a time when the government is pushing aggressively the implementation of conditional access system.
The manufacturers had been hoping that the budget would see basic customs duty on set top boxes being reduced to 10 per cent but that was not to be.
CETMA had also asked for zero per cent excise duty on finished goods and components like RF modulators and the Network Interface Module.
They had also demanded that sales tax be kept at four per cent, preventing fly by night operators and gray market from affecting legitimate sales of the Indian manufacturer. The association also wants a lead time of 90 days from the date of commercially clear purchase order for the delivery of the STBs.
News Broadcasting
CNN-News18 to host Fury in the Gulf conclave on West Asia crisis
Three-hour summit to unpack geopolitical fallout and impact on India
MUMBAI: CNN-News18 is set to host a special three-hour broadcast, Fury in the Gulf – War Conclave, on April 7, aiming to decode the escalating West Asia crisis and its far-reaching implications for India.
Scheduled from 4:00 PM to 7:00 PM, the conclave comes at a time when tensions between Iran and the United States are reshaping global geopolitics and triggering economic uncertainty. With India’s deep energy ties, trade links and large diaspora in the Gulf, the developments carry significant domestic relevance.
Built around the theme ‘Conflict, Consequences, and The Future,’ the programme will feature six curated sessions combining one-on-one interviews and panel discussions. The focus is to cut through the clutter and offer viewers a clearer understanding of the fast-evolving situation.
Key sessions include ‘Diplomacy in Times of War’ featuring Shashi Tharoor, and ‘World After the Iran Conflict’ with voices such as Ram Madhav, Reuven Azar, representatives from the European Union and the Iranian Deputy Envoy. Another session titled ‘Another Dunkirk?’ will bring together K. J. S. Dhillon and Jitin Prasada among others.
CNN-News18 editorial affairs director Rahul Shivshankar said, “In times of war, clarity becomes the most powerful tool. Fury in the Gulf – War Conclave brings together credible voices to address the questions and confusion that arise amid an overwhelming influx of information.”
He added that the initiative is aimed at delivering “facts, perspective, and insight” at a time when misinformation can easily cloud public understanding.
Echoing the sentiment, CNN-News18 CEO– English and business news Smriti Mehra said the conflict marks a defining global moment, with consequences that extend well beyond the region. She noted that the conclave seeks to present the crisis with “depth, nuance and responsibility” so audiences can better grasp its real-world impact.
As geopolitical tensions continue to dominate headlines, the conclave positions itself as an attempt to bring order to the noise, offering viewers a structured, insight-led look at a complex and rapidly shifting global situation.
