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Daily Archives: August 3, 2023

Deep tech startup policy

Deep tech startup policy launched by the National Deep Tech Startup Policy Consortium

The National Deep Tech Startup Policy (NDTSP) Consortium has unveiled the Draft National Deep Tech Startup Policy for public consultation, seeking to meet the demands and strengthen the Indian deep tech startup ecosystem. What are Deep Techs? Deep Tech encompasses state-of-the-art technologies grounded in profound scientific and engineering breakthroughs. For instance, Artificial Intelligence (AI) and …

August 3, 2023 -_5.1

Indian Railways & IIT-Madras ink MoU for 5G testbed

The Ministry of Railways and the Indian Institute of Technology Madras (IIT Madras) signed a memorandum of understanding ((MoU) to establish the India 5G testbed at the Indian Railway Institute of Signal Engineering and Telecommunications (IRISET) in Secunderabad; the facility would be dedicated to the testing and development of 5G use cases for Indian Railways. …

GST Council sticks to its plan to collect 28% tax on online gaming

GST Council sticks to its plan to collect 28% tax on online gaming

The 51st meeting of the Goods and Services Tax (GST) Council has decided to impose a 28% tax on the full face value of bets placed on online gaming, which will be implemented from 1st October. GST Council’s Decision and Implementation The Finance Minister of India, Nirmala Sitharaman, announced that the 28% GST on online …

August 3, 2023 -_8.1

Centre forms Expert Panel to revise anti-discrimination Guidelines on Campuses

The Union Education Ministry on 2nd August constituted an Expert Panel to revise anti-discrimination guidelines with respect to the Scheduled caste, ST, OBC, person with disabilities and other minorities in higher educational institution. Objective of the Expert Panel The primary objective of the expert panel is to undertake a comprehensive review of existing anti-discriminatory policies …

One more Cheetah dies at Kuno Park, taking toll to nine

One more Cheetah dies at Kuno National Park, taking toll to nine

A female cheetah named Dhatri (Tbilisi) has recently passed away at Kuno National Park in Madhya Pradesh. This brings the total number of deaths to nine, including six adult cheetahs relocated from Namibia and South Africa, along with three cubs born in India, all since March this year. Currently, a post-mortem examination is underway to …

August 3, 2023 -_10.1

Reliance jumps 16 places, now at number 88 on Fortune Global 500 list

Billionaire Mukesh Ambani’s Reliance Industries has maintained its highest ranking among Indian corporates in the latest Fortune Global 500 list, jumping 16 places to rank at number 88. Reliance was ranked at number 104 in the 2022 ranking and in the 2023 ranking it is placed at number 88, according to the publication. The company …

Govt debt stands at ₹155.6 Lakh Crore in March 2023

Govt debt stands at ₹155.6 Lakh Crore in March 2023

In March 2023, the Indian government’s debt stood at ₹155.6 lakh crore, accounting for 57.1% of the country’s GDP. This represents a reduction from 61.5% of GDP in 2020-21, indicating efforts to manage debt levels. The government has also implemented various schemes to promote capital expenditure, economic growth, and welfare at both macro and micro …

Remembrance of Hiroshima: Honoring the Past and Shaping the Future

Remembrance of Hiroshima: Honoring the Past and Shaping the Future

Seventy-eight years ago, on August 6, 1945, the world witnessed a horrific event that forever changed the course of human history. The city of Hiroshima in Japan became the target of the first-ever wartime use of an atomic bomb. This catastrophic event led to unimaginable devastation, immense loss of life, and an enduring impact on …