Union Finance Minister Nirmala Sitharaman on Tuesday justified the present taxation regime, saying that the country needs resources to meet the challenges facing the nation and also to fund research and development activities. Sitharaman was addressing the 11th convocation of Indian Institute of Science Education and Research (IISER) in Bhopal. While appealing to the scientist community to do more research on the storage of renewable energy, Sitharaman said the world has promised a lot of money towards transitioning from fossil fuel to renewable energy but that money is yet to come. "But India didn't wait. The promises given in Paris (Paris Agreement) were fulfilled with our own money. There are times when being the finance minister, it doesn't give me motivation when I have to answer people about why our taxes are like this? Why can't we even be lower than this? I wish I can bring it down to almost nil. But India's challenges are severe and challenges will have to be overcome," the
Spending on research and development has surged, tripling in the past decade and moving China into second place after the United States
India's leading energy companies do not fare better than global firms on R&D intensity, proportion of employees with a PhD degree, and patents per billion dollar revenue, according to FAST India
According to media reports, Zoho has also submitted a proposal to the Indian government seeking incentives for a semiconductor fab plant
The government is looking to expand funds for research in rural 5G use cases
Telecom Technology Development Fund to see through Made in India tech solutions
A report by TeamLease Degree Apprenticeship showed the semiconductor industry is expected to face a shortage of 250,000-300,000 professionals by 2027 in verticals such as design, and manufacturing
Studies are being done on how number of CCEs could be lowered without compromising on accuracy, credibility
After research comes agriculture extension activities which give the second best return on investment at 7.40 rupees for every one rupee invested
DoT plans fund to acquire critical licences from global firms for startups and SMEs, boost indigenous R&D
Infosys' acquisition of Germany-based in-tech is the 15th top deal so far
The New & Renewable Energy Ministry has extended the deadline until April 27 for the submission of research and development proposals under the National Green Hydrogen Mission, a release said on Tuesday. The ministry on March 16, 2024, invited R&D proposals under the mission from the industry. The last date for submission was April 12. While the 'Call for Proposals' is receiving encouraging responses, some stakeholders have requested more time for submission of R&D proposals, the release said. "In view of such requests and to allow sufficient time to the institutions for submitting good-quality proposals, the ministry has extended the deadline for submission of proposals to 27th April 2024," the ministry said. The National Green Hydrogen Mission was launched on January 4, 2023, with an outlay of Rs 19,744 crore up to 2029-30. The ministry has issued guidelines for the implementation of the R&D Scheme under the National Green Hydrogen Mission. The R&D Scheme will be
It is time shift the focus from 'Make in India' and foster local innovation to create high-income jobs and improve the quality of life for Indians
Bristol Myers also operates a research and development centre in Bengaluru in partnership with the Biocon Group's Syngene International
Bristol Myers also operates a research and development centre in Bengaluru in partnership with the Biocon Group's Syngene International
India is its largest talent hub; comprises 75% of company's total workforce
IDCC will facilitate close collaboration with other RTX (Raytheon) businesses in India, including Collins Aerospace and RTX Enterprise Services
What was the key message from RBI MPC? How much shockvertising is too much? Will PSU banks continue to rule markets? What is Jai Anusandhan? All answers here
The campus, spread across 43 acres, is built with an investment of Rs 1,600 cr
To bolster its goal of becoming a developed nation by 2047, India needs to substantially increase the size of its quality workforce and investment in R&D in science and technology, including by the private sector, a top Indian official has said. In an interview with PTI on the sidelines of the PANIIT 2024 meeting in a Maryland suburb of Washington DC, Abhay Karandikar, Secretary, Department of Science and Technology, said that one of the key challenges that India has is shortage of trained manpower in R&D sector and "that requires to be enhanced substantially. Given the size and scale of our country, we need a large number of quality R&D workforce to drive the science and technology landscape of the country, he said. Another thing is that we need substantial investment in the R&D sector as a percentage of our GDP, which has been really much lower than the world average, Karandikar said in response to a question. India has taken the initiative to set up a very ...