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Patent Acquisition and Collaborative Research And Technology Development policy
The Government proposes to address the issues of less number of patents and low research share, of the country, in the world by encouraging industries to increase technology depth and value addition so as to manufacture products based on indigenous patents. The Government is already providing excise duty waiver on goods based on patented technology. Government has also promoted the setting up of technology
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Agreement between NRDC and CCRAS
The National Research Development Corporation (NRDC), signed a Memorandum of Association (MoA) with Central Council for Research in Ayurvedic Sciences (CCRAS) on 03.03.2015 for licensing of the technologies developed at the research council to entrepreneurs /companies for commercial exploitation. The benefits that are likely to accrue from the MoA are the following: The Ayurvedic formulations and products
CAG of India signs 11 UN Audit reports
Shri Shashi Kant Sharma, Comptroller & Auditor General of India, is currently in New York to attend the 70thRegular Session of the United Nations’ Board of Auditors, held at the UN headquarters, New York. Shri. Shashi Kant Sharma, along with Auditor Generals of Tanzania, Shri. Mussa Juma Assad and of the United Kingdom, Shri. Amyas Morse approved and signed 11 UN Audit reports today, as approved by the
Automotive Mission Plan, 2016-26
The Automotive Mission Plan [AMP 2026] envisages creation of 65 million jobs. The salient features of the Automotive Mission Plan 2016-26 [AMP 2026] are:- i) The Indian Automotive industry to be a top job creator – 65 million additional jobs. ii) The Indian Automotive industry to be the prime mover of Manufacturing sector and “Make in India” Programme. iii) The Indian Automotive industry to aim at
Dr APJ Abdul Kalam National Memorial Foundation Stone Laying Ceremony
The National Memorial Foundation Stone Laying Ceremony of former President Dr APJ Abdul Kalam was held at Peikarumbhu, Rameswaram, Tamil Nadu, today. The Defence Minister Shri Manohar Parrikar and Union Minister for Urban Development and Information and Broadcasting Shri M Venkaiah Naidu jointly laid the foundation stone and paid rich tributes to the late President on his death anniversary. The Ministers
Allowing 74 Per Cent FDI in Pharma Sector
FDI in Brownfield pharma sector has been permitted upto 74% under automatic route; and FDI beyond 74% and upto 100% is allowed under Government approval route. The move to permit 74% FDI under automatic route in Brownfield pharmaceutical sector is aimed at attracting required capital, international best practices and latest technologies in the sector. Further, 100% FDI under automatic route is permitted for
Cabinet approves Amendment in the Central Agricultural University Act, 1992
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the amendment in relevant clauses of the Central Agricultural University Act (CAU), 1992 to include State of Nagaland under the jurisdiction of CAU, Imphal. After inclusion of State of Nagaland under jurisdiction of the Central Agricultural University, Imphal, the College of Veterinary Sciences in Nagaland will produce the much-
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has decided to rescind the earlier decision of the Government to set up the Concurrent Evaluation Office (CEO) for managing Concurrent Evaluation Network (CENET) in Ministry of Rural Development. The CEO was envisaged to undertake concurrent evaluation of Rural Development programmes in conjunction with Independent Evaluation Office
West Bengal wins All India Coordinated Rice Improvement Project Award 2015
KOLKATA :West Bengal has been selected for the All India Coordinated Rice Improvement Project Award 2015. This is the first time the state will be receiving this award. It was selected by the 51st committee from the Indira Gandhi Krishi Bikash Kendra. Earlier, West Bengal won the Krishi Kamran Puraskar for three consecutive years. The state has been selected for the award for its achievement in four
Looking to import pulses from Myanmar, Africa to ease shortage: Ram Vilas Paswan
MUMBAI: India is looking to import pulses from Myanmar and African nations to counter a domestic shortfall of 7.6 million tonnes that has driven local prices of key pulses like chickpea to a record high, Food Minister Ram Vilas Paswan said. More purchases by India, the world's top consumer of pulses, could help the country rein in its headline inflation, which hit a near two-year high in June on double-digit annual
India approves $318 million loan for Sri Lanka Railways
COLOMBO: India has approved a $318 million loan for Sri Lanka Railways to upgrade its communications system and rolling stock in the Tamil-dominated north. Sri Lankan government spokesman and minister Gayantha Karunathilake said that the money will be used to improve the signal system from Maho to Anuradhapura in the north central province and from Anuradhapura to Omanthai in the north. It will also be
Harish Rawat expands Cabinet, inducts two ministers from Garhwal
DEHRADUN: Uttarakhand Chief Minister Harish Rawat today expanded his Cabinet, inducting two ministers from Garhwal, seen as an attempt to assuage leaders from the region, who has often complained of neglect, ahead of next year's assembly polls. Vikasnagar MLA Nav Prabhat and Badrinath MLA Rajendra Bhandari were administered the oath of office and secrecy by Governor Krishna Kant Paul at a simple
Intex appoints Madhuri Dixit as brand ambassador for consumer durable products
KOLKATA: Intex Technologies has appointed cinestar Madhuri Dixit as brand ambassador for its consumer durable products, including washing machines and refrigerators. The actor has been signed for a period of two years, a company release said. "We are confident that her tremendous connect with the audience will help us in reaching out to our consumers more effectively," said Keshav Bansal, director, Intex
Cabinet approves amendments in GST Bill
Union Cabinet on Wednesday approved amendment in Goods and Services Tax Bill and dropped one percent additional tax on inter-state sales as proposed in the current Bill. The Bill in its present form provides 100 per cent compensation to states by the Centre for the first three years, 75 per cent for fourth year and 50 per cent for the fifth year. The Bill seeks to replace a string of central and local levies such as excise,
Lok Sabha passes Benami transaction amendment bill
The Lok Sabha has passed the Benami Transactions (Prohibition) Amendment Bill, 2015 on Wednesday. The Bill seeks to amend the definition of benami transactions, establishes adjudicating authorities and an Appellate Tribunal to deal with benami transactions. It also specifies prosecution and penalty for entering into benami transactions. Earlier in the day, Union Finance Minister Arun Jaitley initiated debate on Benami
Govt to create buffer stock of 20 lakh tonne of pulses to meet shortfall
Government to create buffer stock of 20 lakh tonne of pulses to meet shortfall; Food and Public District Minister Ram Vilas Paswan urged states to play their role in curbing price rise.Food and Public Distribution Minister Ram Vilas Paswan has said that prices of all essential commodities other than pulses are under control. Replying to a short duration discussion in the Rajya Sabha, Paswan said, government has taken
Government Approves Abolition Of Norms For Joint Venture Firms By Defence PSUs
New Delhi: Government on Wednesday approved the abolition of existing guidelines for establishing joint venture companies by Defence PSUs to meet the goal of indigenous manufacturing. The decision was taken at a meeting of the Union Cabinet chaired by Prime Minister Narendra Modi here. "The Department of Defence Production came to the conclusion that with the increasing participation of the private industry in
Union Cabinet approves Bilateral Investment Treaty between India and Cambodia
The Union Cabinet has approved Bilateral Investment Treaty (BIT) between India and Cambodia to boost trade and business. Decision in this regard was taken during the Union Cabinet Meeting chaired by Prime Minister Narendra Modi in New Delhi. Key Facts The Treaty seeks to promote and protect investments in either country with the objective of increasing bilateral investment flows. It also seeks to encourage each
Union Cabinet increases limit for foreign investment in Stock Exchanges from 5% to 15%
The Union Cabinet has given its approval for raising foreign shareholding limit from current 5% to 15% in Indian Stock Exchanges. The decision brings the investment limit of foreign entities at par with that of domestic institutions. This enhanced limit is for a stock exchange, depository, banking company, insurance company and commodity derivative exchange. Additionally, the Union Cabinet also gave its approval for
Bank unions call All India strike on July 29
KOLKATA: Bank employees called for a one-day strike on August 29, protesting IDBI Bank privatisation and mergers of State Bank of India and its associate banks. About 10 lakh bank employees and officers of all public sector banks, private banks and foreign banks will observe a full day all India bank strike on Friday, said a press statement issued jointly by bank unions on Wednesday. The United Forum of Bank
Policy for awarding Waterfront and associated lands in major ports approved
The Union Cabinet on 27 July 2016 approved the Policy for awarding waterfront and associated land to port dependent industries in major ports along with its operationalization. The Policy will result in uniformity and transparency in the procedure for awarding captive facilities. It will enable optimal utilization of capacities in major ports and increase revenue to the Major Port Authority.
SBI launches debit card-less instant money transfer facility
MUMBAI: State Bank today launched a payment system at its ATMs which will allow the account holders transfer money using mobile phone number as identifier. The system works on instant money transfer (IMT) platform. The facility will enable a payment of up to Rs 10,000 from any SBI bank account and the recipient of this payment can withdraw funds instantly from an IMT-enabled ATM without using a debit card, the top
Marni Nixon, voice of classic movie songs, has died at 86
The woman whose ghostly singing was heard in place of the leading actresses in such classic movie musicals as West Side Story, The King and I and My Fair Lady, has died. Hollywood voice double Marni Nixon was 86. Michael Kirsten, senior vice president of Nixon’s talent agency, Harden-Curtis Associates, said she died Sunday in New York. Nixon had a wide-ranging music and theater career. But her biggest audiences of the
World Hepatitis Day: 95% People Don’t Know They Have the Disease
(28 July is observed as the World Hepatitis Day. Globally 1.4 million people die each year from hepatitis and this day serves as a reminder to governments and policy makers to know the disease and take action.)
This shocking and staggeringly high statistic comes from the World Health Organisation. The disease is three times more infectious than HIV and yet awareness about it is so low that by the time hepatitis is detected,
Delhi govt forms committee to review discrepancies in circle
New Delhi, Jul 27 (PTI) An empowered committee has been constituted by the Delhi government to review "discrepancies" in the circle rates in certain areas of the national capital. According to a senior official, the Revenue Department has sought public suggestions on the review of circle rates by August 16. The department has decided to review circle rates - minimum rates below which a property cannot be registered
New Delhi, July 27 (UNI) Congress president Sonia Gandhi has appointed senior party leader R K Dhawan as the convenor of the Implementation Committee of Indira Gandhi Centenary Celebrations in place of Ms Sheila Dikshit. Acording to AICC general secretary Janardhan Dwivedi, ‘’Conrgess president Sonia Gandhi has appointed Mr R K Dhawan as the convenor of the implementation committee of the Indira Gandhi
Lodha panel reforms: Premature exit for selector Gagan Khoda
Khoda and Prasad were due to travel to Australia with India A for the quadrangular series. Gagan Khoda, the Indian selector, will be in line for an early exit based on the Supreme Court verdict on the recommendations made by Justice RM Lodha committee. He, along with MSK Prasad from South Zone, were appointed in October 2015 and would have continued until 2019, based on previous rules. In what will
Lok Sabha committee rejects AAP MLA Bhagwant Mann’s appeal
The Lok Sabha committee on the 8th day of the monsoon session of the parliament rejected AAP lawmaker Bhagwant Mann’s appeal to appear before the committeee with his lawyer. He will appear before the committee by 3pm. Bhagwant Mann had tendered an apology letter to the Lok Sabha speaker Sumitra Mahajan on Tuesday for making a video of his journey from home to the parliament house. He also captured
WikiLeaks Releases Hacked Democratic National Committee Audio Files
WASHINGTON: WikiLeaks released files on Wednesday of what it said were audio recordings pulled from the emails of the Democratic National Committee that were obtained by hacking its servers. The latest release, which came in the middle of the Democratic National Convention where Hillary Clinton was officially named the party's presidential nominee, is the second batch in a series that has deeply rattled the party and
Muttiah Muralitharan to be inducted into ICC Hall of Fame
The legendary offspinner is set to become the first Sri Lankan player to be inducted into the ICC Hall of Fame. Muttiah Muralitharan along with Karen Rolton, Arthur Morris and George Lohmann will be inducted into the ICC Hall of Fame, the cricket governing body announced on Wednesday (July 27). The legendary offspinner is set to become the first Sri Lankan player to be inducted. Rolton, the former Australia women's
Bengalurean doc's gizmo wins sci award from obama
BENGALURU: A Bengaluru-origin associate professor at the University of Pennsylvania’s School of Engineering and Applied Sciences has received the Presidential Early Career Award for Scientists and Engineers (PECASE) for his medical invention. Dr Rahul Mangharam’s device can monitor the functioning of devices like pacemakers (a small device placed in the chest or abdomen to help control abnormal heart
RBI slaps Rs 27-cr fine on 13 banks in forex case
The Reserve Bank of India (RBI) has imposed a combined Rs 27-crore penalty on 13 public and private sector banks — including Canara Bank, IndusInd Bank and RBL Bank — for violating Know Your Customer (KYC) and anti-money laundering (AML) norms. It asked eight others — including State Bank of India, ICICI Bank, Axis Bank, Standard Chartered Bank, Federal Bank and Kotak Mahindra bank — to
Lok Sabha passes Lokpal and Lokayukta (Amendment) Bill, 2016
The Lok Sabha passed the Lokpal and Lokayukta (Amendment) Bill, 2016 without discussion. The bill seeks to amend the Lokpal and Lokayukta Act, 2013 which provides Lokpal (at Centre) and Lokayukta (at States) statutory backing to inquire into allegations of corruption against certain public functionaries and for related matters. Key Provisions Enable the leader of the single largest opposition party in the Lok Sabha in
Union Cabinet approves setting up of new AIIMS in Bhatinda
The Union Cabinet has approved the establishment of a new AIIMS at Bhatind, Punjab under the Pradhan Mantri Swasthya Suraksha Yojana (PMSSY). The medical institution will have a hospital with capacity of 750 beds which will include Emergency Beds, Private Beds, ICU Speciality & Super Speciality beds and AYUSH beds. Key Facts The new AIIMS at Bhatinda will provide super specialty health care to the
India Awards $1 Billion Contract to Boeing for Four P-8I Aircraft
NEW DELHI — Coinciding with a visit by Pentagon acquisition chief Frank Kendall, India today awarded Boeing a $1 billion contract for the purchase of four more P-8I maritime surveillance aircraft to be flown by the country's navy pilots. The contract for the planes sets deliveries to be completed within the next three years, according to a senior ministry of defense official who requested not to be named. Boeing executives
Foundation stone laid for MSME technology center in Visakhapatnam
Andhra Pradesh Chief Minister N Chandrababu Naidu, along with Union Ministers Kalraj Mishra and Venkaiah Naidu laid the foundation of Ministry of Micro, Small and Medium Enterprises technology centre at Pudi in Visakhapatnam district. The Centre has decided to locate a world-class technology centre with an investment of up to Rs. 140 crore. Mr.Naidu was addressing a gathering after laying the foundation stone for
Antrix-Devas deal: India to appeal against Hague tribunal’s verdict
India will appeal against the verdict of the Hague tribunal in Antrix-Devas deal case, in which the international court had declared the annulling of the contract as “unfair” and “inequitable” and asked it to pay huge amount as compensation. “We will appeal against the verdict at Hague (tribunal),” said A.S. Kirankumar, Secretary, Department of Space. He, however, declined to comment any further on the issue. India lost the arbitration
Myntra’s Ananth Narayanan to take over as Jabong CEO
Flipkart-owned Myntra has acquired one of its biggest rivals Jabong in an all-cash deal for $70 million (Rs. 470 cr approx.) making it the biggest mergers in Indian e-commerce industry. After this deal, Flipkart now commands over 50% of India's fashion retail market. Hours after the acquisition, Flipkart CEO Binny Bansal wrote a letter to his employees announcing Myntra CEO Ananth Narayanan as the new CEO of Jabong,
PCI announces National Awards for Excellence in Journalism 2016
The Press Council of India (PCI) has announced National Awards for Excellence in Journalism 2016. The awards will honour “journalists in print journalism” across different fields. “To encourage the media to pursue its duties without fear or favour following the dictum of ‘freedom with responsibility,’ the Press Council of India, as the only statutory authority enjoying such mandate, proposes to institute National Awards to honour
Government forms committee to frame guidelines for Rajyotsava awards: HC
BENGALURU: The state government has constituted an expert committee headed by former Karnataka High Court judge Justice H N Nagamohan Das to frame guidelines for nomination of people for Kannada Rajyotsava awards. The government gave this information to the High Court on Wednesday in response to a petition filed by poet and writer B V Satyanarayana Rao. Rao has
India's first Humboldt Penguins reach Mumbai’s Byculla Zoo
Mumbai’s Byculla Zoo, known as Veermata Jijabai Bhosale Udyan, on 26 July 2016 brought in eight Humboldt penguins from Soul, South Korea. The step has, however, not gone down well with wildlife experts who termed it as wasteful and unnecessary. The eight Humboldt penguins, three males and five females, will be open for public view in the next three to four months. The birds have been kept in a specially
European Commission appoints Michel Barnier as Chief Brexit Negotiator
The European Union’s executive on 27 July 2016 appointed Michel Barnier, former French Financial Services Commissioner, as its Chief Negotiator for the United Kingdom’s exit from the bloc. Barnier was appointed under Article 50 of the Treaty on European Union. He will be a prominent figure in the negotiations over Britain’s exit from the union. In June 2016, Didier Seeuws, a Belgian diplomat, was
IOC to launch Olympic Channel on August 21
The International Olympic Committee (IOC) on 27 July 2016 announced that it will launch the Olympic Channel. The channel will be launched on 21 August 2016, at the closing ceremony of the Olympic Games Rio 2016. The channels original programming will include short-form and long-form content, focusing on elite athletes, their quest for success and sport around the world.
Father of Hybrid Sorghum Neelamraju Ganga Prasada Rao passes away
Distinguished agricultural scientist Neelamraju Ganga Prasada (NGP) Rao, fondly referred to as the Father of Hybrid Sorghum, passed away on 27 July 2016 in Hyderabad following a brief illness. He was 89. NGP Rao is well-known for basic and applied research in breeding and agronomy of several dryland crops.
About Neelamraju Ganga Prasada Rao
Centre approves Rs 1601 crore for Himayat programme in J&K
Centre has approved Rs 1601 crore for Jammu and Kashmir under skill development initiative Himayat to train 1.24 lakh local youths in vocational courses, Rural Development Minister Abdul Haq Khan said. "Under the reanimated Himayat programme, 1.24 lakh youths from both the rural and urban areas of the state would be imparted training in various job-intensive vocational courses over the next three years," he
Venezuela government seeks to ban opposition over recall vote ‘fraud’
The Venezuelan government asked electoral authorities to declare illegal the opposition coalition seeking to oust President Nicolas Maduro via a recall vote, accusing them of committing massive fraud. “We have just asked for the cancellation of the registration of the Democratic Unity Roundtable, for being involved in the worst vote fraud in the country’s history,” said Jorge Rodriguez, Maduro’s designated aide to monitor the
