'Binary fission will happen -- startups will lead to more startups.'
A series of deaths in a remote village in Rajouri district, Jammu and Kashmir, are not due to any disease, according to the Health Minister. Tests conducted by various institutions, including the ICMR, NCDC, and DRDE, have returned negative results. However, the minister has ordered an investigation into the deaths to determine the cause.
These are the highlights of the Union Budget 2025-26 presented by Finance Minister Nirmala Sitharaman in Parliament on Saturday.
India's rich cultural diversity, military prowess, economic progress and the strides it has taken in sectors, such as science and technology, were on full display at the 76th Republic-Day celebrations on Kartavya Path on Sunday, in the presence of Indonesian President Prabowo Subianto.
PC maker Lenovo India will start manufacturing 50,000 GPU-based AI servers in India next year, the company said on Tuesday. Besides this, Lenovo announced setting up its fourth largest research and development centre in Bengaluru. Lenovo India managing director Shailendra Katyal said that the company will make servers locally and also export them from its manufacturing unit in Puducherry.
'The President-elect firmly believes we can avoid conflict with the Chinese Communist party because they need our markets.'
Taxing capital less may not lead to more investments but taxing more will drive capital away, Chief Economic Advisor V Anantha Nageswaran on Friday said during a discussion on Inequality, Economic Growth and Inclusion. While it is easy to drive capital out, bringing it back is a lot harder, said Nageswaran.
Ahead of Republic Day, the Indian Army announced on Thursday the addition of two new features to this year's parade: battlefield surveillance systems and a Defebce Research and Development Organisation tableau showcasing Pralay, short-range ballistic missiles.
The Enhanced Pinaka has demonstrated a range of 75 km and an ability to strike within 10 metres of where it is aimed. This allows a Pinaka battery to destroy a terrorist camp, or an enemy post, logistics dump or headquarters, without sending soldiers across the border.
'The first and most basic responsibility of any government is to protect its people from external threats and internal harm.' 'Budget 2025-2026 has to focus on meeting this responsibility,' asserts R Jagannathan.
President Droupadi Murmu on Saturday said she has broken the protocol and undertaken several tours of Odisha and her native Mayurbhanj district in order to speed up development work.
The finance minister, in her Budget speech, should focus more on what she is directly responsible for, rather than on programmes where her role is largely supportive, notes Nitin Desai.
rediffGURU Aasif Ahmed Khan counsels students on the best career options in tech and engineering.
India has its share of both large tech companies and large national laboratories, but why is it that these don't seem to be at the forefront of any innovation news headlines? asks Ajit Balakrishnan.
India has successfully test-fired a long range hypersonic missile from the APJ Abdul Kalam Island off the coast of Odisha, Defence Minister Rajnath Singh said on Sunday.
Nibe Space (NSPL), a subsidiary of Nibe, announced its vision to establish India's first multi-sensor, all-weather, high-revisit Earth observation satellite constellation. Aiming to strengthen India's self-reliance in the strategically crucial defence-space sector, NSPL signed memoranda of agreement with Indian and global partners, including Larsen & Toubro, Centum, AgniKul, Skyroot Aerospace, SpaceFields, SISIR Radar, CYRAN AI Solutions, and Thales Alenia Space as a technology partner.
The growing decline of MTech applicants in Indian colleges is due to multiple factors, including outdated curricula, poor return on investment and lucrative non-engineering alternatives, say experts.
IIT Kanpur has announced a breakthrough in stealth technology, which would make tanks and fighter aircraft invisible, or near-invisible to enemy radar.
Presenting the Union Budget, Sitharaman announced that the government will partner with the private sector to set up Bharat Small Reactors and in the research and development of small modular reactors.
The Indian Army is enhancing the combat prowess of its artillery units along the frontier with China by procuring an array of weapons systems, including an additional batch of 100 K9 Vajra howitzers, swarm drones, loitering munitions and surveillance systems.
With Google announcing the milestone of Willow - a state-of-the-art quantum computing chip that can solve complex problems in under five minutes, a computation so complex it would have taken a supercomputer around 10 septillion (10^25) years to complete - tech experts believe this breakthrough could impact artificial intelligence (AI), particularly by making it more accessible to the masses. However, industry players caution that it may take several years for this innovation to become commercially viable.
'Bharat Small Reactors are essentially similar to the existing 220 MWe Pressurised Heavy Water Reactors. The existing regulations are applicable for BSRs.'
The missile showcased its precision and capability to neutralise targets, the statement said.
'Israel would make Iran and its proxies pay. They, along with Qatar, fund terror all over the world.'
The jackets have been developed at the DRDO Industry Academia Centre of Excellence at IIT-Delhi, the ministry said in a statement.
Research and development (R&D) spending by BSE 100 companies has grown steadily, rising from 0.89 per cent of revenue in FY20 to 1.32 per cent in FY24, averaging around 1 per cent over the period in-between, according to data compiled from Bloomberg and company annual reports. Also, these companies more than doubled their R&D spending in absolute terms over these five years: From Rs 25,041 crore to Rs 63,072 crore. While this reflects a prioritisation of innovation, corporate R&D investment remains relatively conservative.
'Our politicians solely depend on bureaucrats who are unaccountable and follow their own agenda.' 'Our politicians would dare not dream of establishing a DOGE,' argues Lieutenant General Prakash Katoch (retd).
Reliance has filed patents not only in India but also in the US, Canada, Europe, Estonia, South Korea, and South America. The patents include narrowband Internet of Things, AI large language models, AI DeepLearning, Big Data, devices, and quantum AI in 6G.
Hyundai Motor India (HMIL) raised Rs 8,315 crore from anchor investors on Monday, setting the stage for the country's biggest-ever maiden share sale. The Indian arm of the South Korean carmaker Hyundai Motor Company (HMC) allotted 42.4 million shares to 225 funds at Rs 1,960 apiece, the higher end of its price band. Among the investors receiving allotments were the Singapore government's sovereign wealth fund (GIC), New World Fund, and Fidelity.
Finance Minister Nirmala Sitharaman on Monday said that GST collection from online gaming has increased 412 per cent in six months from October 1, 2023, when 28 per cent tax was levied on these services. Briefing media on the decisions taken at the 54th meeting of the GST Council, Sitharaman said the status on revenue collection from casinos, online gaming and horse races after six months of implementation of 28 per cent GST was presented to the Council. "The revenue from online gaming has increased by 412 per cent and reached Rs 6,909 crore in just for six months.
Ola Electric, the SoftBank-backed electric vehicle (EV) maker, is likely to pursue a valuation of approximately $4.5 billion in its upcoming initial public offering (IPO), marking about 18 per cent decrease from its last funding round valuation of around $5.5 billion, according to industry sources. The Bhavish Aggarwal-founded firm aims to file for the IPO by next month, according to people familiar with the matter. "The strategy is to price the IPO attractively for investors, fostering long-term growth and wealth creation," said a source.
Out of 24,230 IIT and NIT grads, about 8,000 students didn't find any takers during campus placement drives this year.
The average car price in India has increased rapidly in the last 5-6 years due to new emission regulations and demand for more spacious and comfortable cars loaded with advanced technology.
'Only 20 per cent of families in India buy cheese twice once a year.'
There is a need to incentivise R&D investments, offer corporate tax concessions and establish an effective intellectual property rights regime in order to push the growth of domestic pharmaceutical industry, as per the industry bodies. Outlining the sector's wish list for the upcoming Union Budget, Organisation of Pharmaceutical Producers of India (OPPI) Director General Anil Matai urged the government to explore methods to incentivise R&D investments, such as deductions on R&D expenses, research-linked incentives for MNCs, and corporate tax concessions.
After being launched, the glide bomb steer towards the target using a highly accurate hybrid navigation scheme, the ministry said.
'With India's growing capabilities in the space sector, this creates promising opportunities for enhanced collaboration and market access.'
'It is the responsibility of industry to take the very bright talent whose knowledge of software engineering basics is very high, and then give them additional skills.'
The overall average package offered during IIT Bombay placements 2023-2024 stood at Rs 23.5 LPA. 22 students accepted offers with annual packages exceeding Rs 1 crore.
India's second nuclear-powered ballistic missile submarine was commissioned into the Navy on Thursday in the presence of Defence Minister Rajnath Singh who said this will further strengthen the country's nuclear triad and enhance nuclear deterrence.