DailyWorld News - The First International Newspaper From India https://dailyworld.in/ Thu, 20 Nov 2025 12:43:17 +0530 en https://dailyworld.in/science/auto-exports-fall-105-pc-in-oct-on-s-korea-on-fewer-working-days-data-649394.html Seoul Nov 20 South Koreas auto exports decreased 105 per cent from a year earlier in October largely due to fewer business days caused by the extended Chuseok holiday data showed on Thursday The value of outbound shipments of automobiles came to 55 billion last month compared with 62 billion the same month last year according to the data from the Ministry of Trade Industry and Resources reports Yonhap news agencyThe value of accumulated auto exports from January to October meanwhile reached an alltime high of 596 billionThe ministry said October exports were weak due to the fall harvest Chuseok holiday that fell in early October unlike in 2024 when the traditional holiday fell in SeptemberAuto exports in September jumped 168 per cent onyear the ministry said earlierBy destination exports to the United States plunged 29 percent onyear to 212 billion in October apparently due to the 25 per cent import tariffs imposed on Korean cars by the Donald Trump administrationThe Trump administration is expected to lower the tariff on Korean cars to 15 per cent as agreed in its trade deal with South Korea after the Seoul government submits a special bill to the National Assembly on the countrys planned 350 billion investment in the US under the bilateral trade agreement reached late last monthFinance Minister Koo Yuncheol said Wednesday the government plans to submit the bill before the end of this month which he said would allow local automakers to enjoy the reduced tariff rate retroactively from the start of the month of its submissionShipments to the European Union dipped 21 per cent to 746 million last month and those to the Middle East contracted 135 per cent to 403 millionOn the other hand exports to Asia jumped 42 per cent onyear to 802 million while shipments to Latin America advanced 237 per cent to 290 millionBy type exports of ecofriendly cars such as electric vehicles EVs hybrid cars and hydrogen cars gained 09 per cent from a year earlier to 64427 vehicles last month amounting to a combined value of 2 billionIn detail shipments of hybrid cars climbed 39 per cent to 42683 vehicles and EV exports inched up 03 per cent to 19247 units Exports of plugin hybrid cars dropped 308 per cent to 2492 unitsAt home sales of automobiles went down 128 per cent onyear to 127000 units in October IANS https://dailyworld.in/science/auto-exports-fall-105-pc-in-oct-on-s-korea-on-fewer-working-days-data-649394.html Thu, 20 Nov 2025 09:16:00 +0530 https://dailyworld.in/science/financial-regulator-in-s-korea-calls-on-credit-card-firms-to-better-protect-customer-data-649400.html Seoul Nov 20 The chief of the countrys financial regulator on Thursday urged credit card firms to redouble efforts to protect customer data citing a recent data breach case In a meeting with heads of credit card firms and credit finance companies Lee Eogweon chairman of the Financial Services Commission FSC said his agency will sternly punish any negligence in consumer protection reports Yonhap news agencyHis remarks came as Lotte Card Co the countrys fifthlargest card issuer in September revealed personal data of some 3 million customers had been leaked in a hacking incidentThe FSC earlier warned that it would take stern measures against any rule violations by Lotte Card vowing to impose the highestever penalty on the card issuer should there be any serious violationLee said the data breach case shed light on card firms complacency in consumer protectionCard firms have been lax in protecting consumers while focusing on cost savings and others Lee saidThe chief regulator also stressed that card firms need to cut commission rates for small merchants and lowrated consumersMeanwhile South Koreas customs authorities on Thursday announced plans to reduce paperwork requirements and speed up the customs clearance process for imports a move aimed at lessening regulatory burdens on local businessesUnder a revised law currently undergoing administrative notice procedures for reimporting returned goods will be simplified according to the Korea Customs Service KCSPreviously companies were required to submit documentation if the total value of multiple items combined in a single import declaration exceeded 150Under the revision the requirement will apply only when each item category exceeds 150 easing the burden for companies that frequently reimport multiple products at once the KCS saidIn addition goods that are repaired in countries with which South Korea has an free trade agreement FTA and brought back to the country will no longer require related documents to be submitted the KCS saidThe KCS expects the revision to reduce logistics costs and ease burdens on businesses IANS https://dailyworld.in/science/financial-regulator-in-s-korea-calls-on-credit-card-firms-to-better-protect-customer-data-649400.html Thu, 20 Nov 2025 09:28:00 +0530 https://dailyworld.in/science/govt-commitment-to-foster-a-world-class-aviation-ecosystem-rammohan-naidu-649221.html New Delhi Nov 18 The Indian government is committed to fostering a worldclass aviation ecosystem Union Civil Aviation Minister Kinjarapu Rammohan Naidu said on Tuesday The minister while addressing the 11th PHDCCI Global Aviation and Air Cargo Conclave 2025 here emphasised initiatives for expanding air cargo capacities and advancing Maintenance Repair and Overhaul MRO facilities to position India as a regional hubThe event themed Gateway to the Skies Elevating Indiaâs Aviation Air Cargo and MRO Ecosystem for Global Leadership commenced its inaugural session on Tuesday at Yashobhoomi Dwarka DelhiOrganised by the PHD Chamber of Commerce and Industry PHDCCI the event ran concurrently with INDIAIRPORT2025 from November 1820 drawing industry stalwarts policymakers and innovators to discuss strategies for bolstering Indias position in the global aviation landscapeEarlier last month the minister said that the government aims to have 350 airports by 2047 India currently operates 164 airports and aims to add approximately 200 more by 2047 he said adding that the challenge is not about constructing airports but about how to bring in more aircraft to IndiaThe renovated T2 terminal will resume operations on Sunday after being closed since April 2025 for extensive renovationThe Aviation Minister said that the upgrade of Delhiâs T2 terminal is key to a larger plan to establish India as an international aviation hubAcknowledging the sharp increase in traffic at Indias largest airport Naidu said that the Delhi airport is targeting a 120 million capacity and the T2 expansion is projected to increase capacity by approximately 15 million seatsHe further stated that a âthorough investigationâ is being done into the AI171 crash for which a timeline cannot be given IANS https://dailyworld.in/science/govt-commitment-to-foster-a-world-class-aviation-ecosystem-rammohan-naidu-649221.html Wed, 19 Nov 2025 01:14:00 +0530 https://dailyworld.in/science/leveraging-aicantransformindiashealthcarelandscape-report-649222.html New Delhi Nov 18 Artificial Intelligence AI can reshape Indian healthcare by bridging systemic gaps and driving measurable outcomes according to a report The report by KPMG in collaboration with FICCI provides a strategic roadmap for objectivedriven and responsible AI adoption in Indian healthcareWhile AI has hundreds of applications across the healthcare value chain the report reflects on more than 25 realworld use cases of the technology from Indian healthcare providers across selfcare and health management primary care and care navigation hospital care and operations management posthospitalisation and rehabilitation remote care and telehealth public health system and policy levelCiting NITI Aayog projections it noted AI could contribute to a threefold increase in Indiaâs GDP by 2035 with healthcare as a priority sectorIt also addressed critical challenges such as data fragmentation ethics governance and workforce readiness offering a blueprint for integrating AI across clinical operational and public health domainsâThis paper explores the transformative role of AI in connecting the dots between vast untapped data disconnected systems into a unified intelligent network that delivers personalised and effective careâ said Lalit Mistry Partner and Cohead Healthcare KPMG in IndiaâProviders across the public and private sector can unlock huge value and efficiency by adopting AIdriven transformation to deliver better care and outcomesâ Mistry addedFuture healthcare success demands a new level of crossfunctional collaboration across healthcare care settings and the healthcare workforceTomorrowâs healthcare will be intelligent not just artificially but seamlessly integrated With AI at the core people services and providers unite to reimagine care uplifting and not replacing the human capabilities to deliver smarter more connected healthcare outcomes the report saidThis report can enable healthcare administrators across public and private sectors to explore the potential of AI in healthcare across value chains with critical enablers and guardrails that enable a successful AIdriven transformation it added IANS https://dailyworld.in/science/leveraging-aicantransformindiashealthcarelandscape-report-649222.html Wed, 19 Nov 2025 01:15:00 +0530 https://dailyworld.in/science/cloudflare-outage-hits-x-and-several-digital-platforms-globally-including-india-649239.html New Delhi Nov 18 Thousands of users of X the Elon Muskowned microblogging platform faced service disruption across India and globally on Tuesday along with other websites which rely on Cloudflareâs internet infrastructure to stay online Around 520 pm over ten thousand users reported the outage demonstrating the extent of the disruption according to Down Detector which monitors downtime on wellknown platforms Users are facing issues related to feed website log in and server connection issues account for the majority of the issuesCloudflare confirmed in its initial update that it was âaware of and investigating an issue which potentially impacts multiple customersâ though it did not share a cause or a timeline for a fixSome pages loaded on refresh but most users continued to see an âinternal server error on Cloudflareâs networkâ asking them to try again laterThe outage tracking portal Down Detector also struggled to load because it also relies on CloudflareEarlier in May this year the social media platform suffered an outage globally including in India as users were unable to load new posts and were unable to log in According to Downdetector thousands of users struggled to access Xs webpages as well as had issues with the app and login pageWhile 41 per cent of users said they were unable to log in the same number of users reported problems with the X app and 18 per cent with the website The company had yet to reveal the reason behind the outage the second within 24 hoursSeveral users in India tried to use the website but were unable to access it According to Downdetector more than 5000 users worldwide reported issues with the microblogging platform IANS https://dailyworld.in/science/cloudflare-outage-hits-x-and-several-digital-platforms-globally-including-india-649239.html Wed, 19 Nov 2025 01:31:00 +0530 https://dailyworld.in/science/indias-gdp-to-grow-72-pc-in-fy26-driven-by-rate-cuts-public-capex-649244.html New Delhi Nov 18 Indiaâs economy is expected to grow 72 per cent in fiscal 2026 driven by rate cuts regulatory measures strong monsoon government capex and surplus liquidity a report said on Tuesday Some impacts from GDP deflators are expected to fade in FY27 taking real GDP growth to 65 per cent and nominal growth pace back towards 10 per cent the report from Development Bank of Singapore DBS saidThe report said that the room for aggressive RBI rate cuts is limited amid firm growth and an inflation undershoot However it added that a clear case for reductions could emerge in Q4CY25 if forward risks to growth appear with prevailing low inflation providing them with the necessary roomWe expect support from homegrown levers such as rate cuts transmission of past reductions regulatory measures support for tariffhit sectors strong monsoon low inflation government capex spending and surplus liquidity to offset the negative impact from global uncertainties it saidThe central bankâs support is necessary for foreign exchange and bond markets via open market operations and through ongoing secondary market purchases it notedA USIndia trade deal announcement will trigger a brief relief rally in the currency according to the bankCPI easing is being driven by favourable base effects benign energy prices and indirect tax cuts even as the core inflation trend has been firm due to precious metals said Radhika Rao Executive Director and Senior Economist at DBS BankThe bank forecasted the current account deficit to remain benign close to 09 per cent of GDP in FY26 and 1 per cent in FY27The government will meet the FY26 fiscal deficit targets amid recent sovereign rating upgrade fiscal health and moderation in public debt levels the report said IANS https://dailyworld.in/science/indias-gdp-to-grow-72-pc-in-fy26-driven-by-rate-cuts-public-capex-649244.html Wed, 19 Nov 2025 01:35:00 +0530 https://dailyworld.in/science/centre-launches-digital-initatives-to-strengthen-food-storage-logistics-amp-public-distribution-systems-649255.html New Delhi Nov 18 Union Minister of Consumer Affairs Food and Public Distribution Pralhad Joshi launched a suite of digital initiatives to modernise warehousing streamline supply chains and boost transparency across the Public Distribution System a report said on Tuesday Such initiatives support the Union governments mission of reducing logistics costs and minimising turnover time the Union Minister said according to an official statementThe centrepiece of these digital initiatives launched is Central Warehousing Corporations new ERP platform Bhandaran 360 built on SAP S4HANA and integrating 41 modules covering HR finance marketing warehouse management contract management project monitoring and other core functions the statement saidIt is also linked with 35 external systems including ICEGATE port systems FCI NAFED NCCF and WDRA enabling seamless digital connectivity across the food storage and movement ecosystemBhandaran 360 introduces single signâon roleâbased access endâtoâend encryption audit trails and realâtime dashboards to improve security and reduce manual dependency and to show operations from the warehouse level to the corporate levelIt also introduced automated workflows using chatbots and robotic process automation to improve turnaround time the statement addedThe upgraded platform also adds several new features such as a lead and marketing management module integrated HRMS project planning SAP FICO smart material management biometric and geotagged attendance a mobile app for measurement books and strengthened contract monitoringThese enhancements standardise operations across all CWC warehouses and support faster expansion better service quality and improved accountabilityIt helps ease of doing business and ease of living for farmers FPOs cooperatives traders MSMEs and large enterprises including ecommerce playersThe Food Corporation of India FCI also rolled out ANNA DARPAN a new microservicesbased platform that replaces the existing Depot Online SystemANNA DARPAN connects key activities such as procurement storage movement sales quality checks labour management and contract monitoring under one integrated system IANS https://dailyworld.in/science/centre-launches-digital-initatives-to-strengthen-food-storage-logistics-amp-public-distribution-systems-649255.html Wed, 19 Nov 2025 01:52:00 +0530 https://dailyworld.in/science/nfra-launches-webinar-series-to-create-better-financial-reporting-ecosystem-649268.html New Delhi Nov 18 The National Financial Reporting Authority NFRA the independent regulator for Audit and Accounting matters on Tuesday launched another regulatory tool âWebinar Series 202526â The initiative supports enhancing the overall quality of the financial reporting ecosystem in India comparable to global benchmarksThis tool of webinars is in continuation of NFRAâs larger project to connect with and support the key stakeholders in the financial reporting supply chain by way of various types of outreach programmes such as audit workshops Audit Practice Toolkits and AuditorAudit Committee Interaction seriesThe launch of Webinar Series 202526 will be formally inaugurated by Chairperson NFRA Nitin Gupta on November 26 on the topic âImpairment of Assets under Ind AS 36âThe Webinar Series 202526 will cover complex accounting areas that involve significant management estimates and judgments therefore requiring elevated professional scepticism on the part of the auditorsAccordingly the Webinar Series is structured suitably to cover both Accounting and Auditing considerations and thereby support both the Preparers and Auditors especially the small and medium practitionersAccounting aspects will be dealt with by relevant professionals of the subject matter such as valuation experts risk management expertsOver the next four months NFRA plans to conduct webinars in other areas of critical Accounting and Auditing matters such as revenue recognition over a period of time expected credit loss etcAuditors Accountants and Independent Directors are invited to support the deliberations in these webinarsMeanwhile the Income Tax Department will notify new incomeâtax return ITR forms and related rules under the streamlined Income Tax Act 2025 by January and the updated regulations will be effective from April 1 2026The updated regulations will mark the transition from the nearly sixdecadeold Income Tax Act of 1961 multiple reports cited Central Board of Direct Taxes chairman Ravi Agrawal as sayingAgrawal said the department is designing the new forms keeping them simple and easy to comply with and adapt to IANS https://dailyworld.in/science/nfra-launches-webinar-series-to-create-better-financial-reporting-ecosystem-649268.html Wed, 19 Nov 2025 02:05:00 +0530 https://dailyworld.in/science/sbi-chairman-pitches-for-national-financial-grid-to-unify-credit-and-digital-infrastructure-649276.html Mumbai Nov 18 State Bank of India SBI Chairman CS Setty on Monday proposed the creation of a National Financial Grid to seamlessly connect key components of Indiaâs financial ecosystem including credit bureaus fraud registries eKYC facilities UPI and the account aggregator framework Addressing the CII Financing Summit in Mumbai Setty said that a single financial grid will give digital lending a fillip enhance risk assessment and smoothen data flow across institutionsHe highlighted that the ULI could act as a transformative backbone for this national financial gridSetty added that such a system would serve as one openaccess infrastructure layer for the whole ecosystem He showed how embedding a common digital framework for fraud and risk management would further enhance lending operations reliabilityThe SBI chief also observed that MSME lending has witnessed a renewed push over the last five years driven by the availability of digital data and improved technological infrastructureHowever Setty stressed that technology alone is not enough He said banks must focus on reskilling and reshaping employee orientation as digital tools and mobile applications fail to deliver impact if staff and customers do not fully understand or adopt themHis remarks come amid the rapid expansion of Indiaâs digital public infrastructure and the growing demand for more integrated transparent and secure financial systemsEarlier last month Setty informed that the bank is working on simplifying the Know Your Customer KYC and reKYC processes to make them more userfriendlySpeaking to reporters on the sidelines of Global Fintech Fest 2025 he added that SBI will work closely with regulators and the government to bring these changesâWe are working on the simplification of KYC processes Even if it means engaging with regulators and the government we are taking the initiative from SBIâs side to make the entire KYC process easierâ Setty told reportersâI think banks like SBI are wellversed in acquisition and financingâ he added IANS https://dailyworld.in/science/sbi-chairman-pitches-for-national-financial-grid-to-unify-credit-and-digital-infrastructure-649276.html Wed, 19 Nov 2025 02:11:00 +0530 https://dailyworld.in/science/satya-nadella-to-visit-india-from-dec-1012-to-meet-top-leaders-discuss-ai-push-649307.html New Delhi Nov 19 Microsoft Chairman and CEO Satya Nadella will begin a threeday visit to India on December 10 The Indiaborn tech leader will travel to Delhi Bengaluru and Mumbai as part of his tour during which he is expected to meet Prime Minister Narendra Modi IT Minister Ashwini Vaishnaw and other senior government officialsNadella will start his visit in Delhi on December 10 move to Bengaluru on December 11 and conclude in Mumbai on December 12 This will be one of his several visits to India in recent years as Microsoft continues to expand its presence and strengthen its position in the fastgrowing cloud and AI services marketDuring his earlier visit in January this year Nadella had announced a 3 billion investment to build cloud and AI infrastructure in India and to support skilling programmes At that time he said India was becoming a global leader in AI innovation and stressed that Microsoft wanted to help make the country âAIfirstâ The company also said it would train 10 million more Indians in essential AI skills by 2030 Microsoft had already exceeded its 2025 target by training 24 million people within a year with a majority of participants coming from TierII and TierIII cities and 65 per cent of them being womenRival Google has also announced a major push in India with a 15 billion investment to set up a stateoftheart AI hub in VisakhapatnamThe buildup to Nadellaâs visit saw another important meeting on Tuesday when Commerce and Industries Minister Piyush Goyal met Lisa Monaco President of Microsoft Global Affairs After the meeting Goyal posted on X that the discussion focused on Microsoftâs continued engagement in India and its support for AIled innovation and infrastructure development He added that both sides also explored ways to strengthen the IndiaâUS partnership in AI digital trade and workforce skilling to ensure inclusive and sustainable growth IANS https://dailyworld.in/science/satya-nadella-to-visit-india-from-dec-1012-to-meet-top-leaders-discuss-ai-push-649307.html Wed, 19 Nov 2025 10:31:00 +0530 https://dailyworld.in/science/apple-expands-applecare-in-india-introduces-theft-and-loss-coverage-with-new-flexible-plans-649309.html New Delhi Nov 19 Apple on Wednesday expanded its AppleCare protection plans for customers in India introducing more flexible options including AppleCare with theft and loss for iPhone With new monthly and annual subscription choices users now have greater freedom in how they protect their Apple devices and can keep coverage for as long as they wantApple said the updated plans aim to make device protection easier and more affordable âAppleCare gives our customers peace of mind knowing that their products are protected and supported by Apple expertsâ said Kaiann Drance Appleâs vice president of Worldwide iPhone Product MarketingâWith todayâs updates in India weâre making it easier and more affordable to get trusted protection including access to our most complete coverage for iPhoneâ Drance addedThe newly introduced AppleCare with Theft and Loss covers up to two incidents of theft or loss each yearBesides offering reassurance in case an iPhone goes missing the plan also includes all the benefits of regular AppleCareUsers get 247 priority support battery replacement services and unlimited accidental damage repairs using genuine Apple parts at Apple Stores and authorised service centres Prices for the Theft and Loss plan start at Rs 799Customers can view these protection options and purchase plans directly through the Settings app on their iPhone iPad or Mac Coverage begins immediately whether they choose a monthly or annual subscriptionThe expansion of AppleCare in India comes at a time when Apple is also strengthening its health and safety features globallyRecently Apple announced that the Apple Watchâs new hypertension notification feature could warn more than one million users about signs of chronic high blood pressure a condition that affects around 13 billion adults worldwideThe feature uses machine learning to detect early signs of hypertension by analysing blood vessel responses over a 30day period IANS https://dailyworld.in/science/apple-expands-applecare-in-india-introduces-theft-and-loss-coverage-with-new-flexible-plans-649309.html Wed, 19 Nov 2025 10:52:00 +0530 https://dailyworld.in/science/123456-remains-indias-most-used-password-for-2nd-year-report-649320.html New Delhi Nov 19 123456 has once again emerged as Indiaâs most common password topping the list for the second consecutive year a new report said on Wednesday The data compiled by password manager NordPass analysed passwords used globally and in 44 countries with a special focus this year on how different generations choose their passwordsThe report shows that Indians continue to rely heavily on extremely weak and predictable passwordsAfter 123456 the next most used passwords in India include Pass123 and admin followed by simple numeric sequences such as 12345678 12345 and 123456789Despite adding symbols like or capital letters combinations like Admin123 Password123 and Abcd1234 remain easy to guessThe research notes that many Indians try to make their passwords appear strong by inserting special characters but the overall patterns are still very easy for hackers to crackPersonal elements also influence password choices Names and patriotic references appear frequently with passwords such as Kumar123 Global123 and India123 making the countryâs top listExperts warn that while such combinations may feel more personal or unique they follow predictable formats that can be easily targeted by automated attacksGlobally the findings are similarly worrying â123456â is again the worldâs most common password followed by âadminâ and â12345678âSimple numeric patterns like â12345â â1234567890â and easy combinations such as âqwerty123â dominate lists across countriesResearchers also observed a significant rise in the use of special characters this year with 32 passwords on the global list containing them compared to just six last year However most of these remain predictable variations of common words or number patternsKarolis Arbaciauskas head of product at NordPass said that overall improvements in password hygiene remain slow despite years of awareness campaignsArbaciauskas added that until passwordless authentication methods like passkeys become widespread strong unique passwords are essentialâAround 80 per cent of data breaches are caused by weak reused or compromised passwordsâ he notedThe report also found that generational differences are minimalIn fact the most popular passwords among 18yearolds look very similar to those used by 80yearolds Numeric sequences like â12345â and â123456â dominate every age bracket IANS https://dailyworld.in/science/123456-remains-indias-most-used-password-for-2nd-year-report-649320.html Wed, 19 Nov 2025 11:36:00 +0530 https://dailyworld.in/science/ultra-processed-foodsales-surge-40xin-india-driveobesity-diabetescases-the-lancet-649323.html New Delhi Nov 19 India is undergoing the fastest ultraprocessed food UPF sales growth and the resulting dietary transition is surging obesity and diabetes cases leading to poor health according to a new threepaper Series published in The Lancet on Wednesday UPFs can be defined as food products mostly high in fat sugar andor salt HFSS full of unwanted and harmful ingredients such as cosmetic additives like stablisers emulsifiers colorants flavouring substances etc These are strongly linked to an increased risk of obesity type 2 diabetes cardiovascular diseases depression and premature death among othersThe papers by 43 global authors showed that retail sales of UPFs in India surged from 09 billion in 2006 to nearly 38 billion in 2019 a fortyfold riseRetail shop shelves are now dominated by prepackaged food and beverage products such as namkeens noodles biscuits sugarsweetened beverages chips breakfast cereals exposing children and youth through advertisingAs a result obesity has doubled in India in both men from 12 per cent to 23 per cent and women from nearly 15 per cent to 24 per cent showed the studyThe Series called out the aggressive marketing and advertising campaigns which the UPF companies use to drive consumptionâOur regulations are ineffective to restrict marketing India must act immediately to take action and cut the consumption of UPFs and aim for a halt in obesity and diabetes in the coming years Given that India is the fastestgrowing in UPF sales growth and the evidence of poor health outcomes India needs to frame UPF as a priority health issueâ said Dr Arun Gupta a pediatrician and a coauthor of the Series papersThe authors urged decisive public health action to tackle UPFs and improve diets globallyMore than relying on consumer behaviour change they called for coordinated policies to reduce UPF production marketing and consumption alongside improving access to healthy foodâIndia needs to adopt strong regulatory measures directed at their production marketing and public disclosure of their constituents Front of pack warning labels must clearly communicate the harmful levels of salt sugar and fat to the consumers said Prof Srinath Reddy Chancellor of PHFI University of Public Health SciencesâUPF advertised as an addiction can lead to many marketed maladies A ban on their advertising and sponsorship is needed especially due to the pervasive danger of celebrity endorsementsâ he added IANS https://dailyworld.in/science/ultra-processed-foodsales-surge-40xin-india-driveobesity-diabetescases-the-lancet-649323.html Wed, 19 Nov 2025 11:52:00 +0530 https://dailyworld.in/science/vmmc-safdarjung-hospital-ccras-cari-partner-to-boost-ayurveda-based-menopause-care-649340.html New Delhi Nov 19 Vardhman Mahavir Medical College VMMC and Safdarjung Hospital have tied up with the Central Ayurveda Research Institute CARI under the Central Council for Research in Ayurvedic Sciences CCRAS to advance scientific evidencebased Ayurveda research focused on improving menopause care Women going through menopause commonly experience symptoms such as hot flushes insomnia fatigue vaginal dryness mood fluctuations anxiety and memory concerns Growing interest in safe and supportive treatment options has led many to seek holistic approaches including AyurvedaThe Memorandum of Understanding MoU marks a major step toward developing validated integrative protocols that blend traditional wisdom with modern medical practiceâAyurvedabased therapies when used judiciously alongside allopathic treatment can offer transformative benefits to menopausal womenâ said Dr Sandeep Bansal Director VMMC amp Safdarjung HospitalHe however noted that certain Ayurvedic medicines containing metals must be taken strictly under expert supervision to ensure safety and efficacyDr Hemanta Panigrahi Institute Incharge CARI highlighted that CCRAS as the apex research body of the Ministry of Ayush has been committed to promoting scientific research in Ayurveda for decadesâEvidencebased Ayurveda is gaining global acceptance and this partnership will further strengthen integrative research methods and enhance public careâ he addedPanigrahi noted that the Ayurveda Unit at Safdarjung Hospital has been functional since 1996 contributing significantly to patient care and collaborative researchThe collaboration aims to design scientifically validated safe and effective Ayurvedic interventions that complement modern menopausal care The initiative is expected to improve patient outcomes expand research capacity and support wider access to holistic health solutionsThe MoU reflects a shared commitment by VMMCâSafdarjung Hospital and the Ministry of Ayush to advance collaborative patientcentric healthcare and to set new benchmarks in integrative research for womenâs health IANS https://dailyworld.in/science/vmmc-safdarjung-hospital-ccras-cari-partner-to-boost-ayurveda-based-menopause-care-649340.html Wed, 19 Nov 2025 12:47:00 +0530 https://dailyworld.in/science/global-outage-was-caused-by-internal-error-not-cyberattack-cloudflare-ceo-649350.html New Delhi Nov 19 Cloudflare CEO Matthew Prince has confirmed that the major global internet outage was not the result of a cyberattack but was caused by an internal configuration mistake The outage disrupted several major platforms including X ChatGPT Canva Discord and many other websites and apps around the worldIn a postmortem Prince explained that the problem began when the company made a change to permissions on a ClickHouse database clusterThe update was meant to improve access to data but a faulty query caused the system to pull in far more information than it should haveThis error made a key âfeature fileâ used by Cloudflareâs Bot Management system grow too largeThis feature file is refreshed and shared across Cloudflareâs network every five minutes When the file suddenly doubled in size it crossed the softwareâs limit causing routing software at the network edge to crashThe issue became unpredictable because the faulty file was only generated on parts of the cluster that had been updated This meant that every five minutes Cloudflareâs network either received a correct file and briefly recovered or a corrupted file and failed againThis cycle of recovery and failure continued for about three hours from around 1120 UTC causing widespread service interruptions across the internet Prince stressed that there was no cyberattack involved and admitted that the company initially misread the symptoms as a massive DDoS attack before identifying the real causeEngineers eventually stopped the faulty file from spreading replaced it with an older correct version and restarted the affected systems Cloudflare said the issue was fully resolved by 1706 UTC and described the incident as its most serious outage since 2019Prince apologised for the disruption and said Cloudflare will introduce stronger safeguards including stricter limits on file sizes global kill switches for critical updates and a broader review of how its core systems can fail IANS https://dailyworld.in/science/global-outage-was-caused-by-internal-error-not-cyberattack-cloudflare-ceo-649350.html Wed, 19 Nov 2025 13:33:00 +0530 https://dailyworld.in/science/indias-equity-market-experiences-resurgence-amid-festive-consumption-stable-q2-earnings-649373.html New Delhi Nov 19 Indiaâs equity markets experienced a powerful resurgence in October driven by strong festive consumption stabilising Q2 earnings and a clear revival in foreign investor appetite a report said on Wednesday The nations macroeconomic backdrop remained notably supportive through the month Additionally consumer inflation eased to 154 per cent marking its lowest level since 2017 while the Reserve Bank of India retained the repo rate at 55 per cent and revised the FY26 GDP growth forecast to 68 per cent PL Asset Management said in its reportThe rupee held steady at Rs 8876 to the US dollar despite a firmer dollar index underscoring currency stability in a period of global volatilityAt the same time industrial activity showed further strength with the manufacturing PMI jumping to 592 from 577 in September and domestic liquidity remained robust as SIP inflows touched an alltime high of Rs 29361 croreThis stability was complemented by buoyant festiveseason consumption which generated record sales of over 67 billion across automobiles electronics and consumer durables said the reportA key theme emerging through October was the stabilisation of Indiaâs corporate earnings cycle Earnings downgrades which had pressured market sentiment in earlier quarters have now largely bottomed outAt the same time the countryâs investment cycle continues to show encouraging signsGross fixed asset additions between FY20 and FY25 represent the strongest expansion since FY10 with visible capex traction in construction materials electricity generation and consumer goods the report notedMeanwhile capacitybuilding momentum remains strong in chemicals while metals are recovering after two muted investment cycles These trends were supported by improving liquidity conditions and neutral valuations strengthening the outlook for a sustained cyclical recoveryThe report noted that while global markets continued to advance on optimism around USChina trade progress and expectations of a Fed rate cut India distinguished itself with robust domestic demand strengthening macros and improving liquidity conditionsSectors such as PSU Banks Capital Markets Metals Defence and Realty led the domestic rally signalling renewed confidence across both institutional and retail participants The report anticipated that in the near term markets will remain resilient yet rangebound as investors assess Q2 earnings and track global interest rate expectations However the mediumterm outlook appears decisively constructive IANS https://dailyworld.in/science/indias-equity-market-experiences-resurgence-amid-festive-consumption-stable-q2-earnings-649373.html Wed, 19 Nov 2025 14:43:00 +0530 https://dailyworld.in/science/passenger-vehicle-volume-in-india-to-grow-around-4-pc-in-fy26-suv-demand-surges-649374.html New Delhi Nov 19 Indias passenger vehicle industry volumes are expected to grow around 4 per cent in FY26 driven by GST rationalisation easing inflation and supportive fiscal measures a report said on Wednesday SUVs are expected to continue dominating the market and grow 8â10 per cent according to the report from CareEdge RatingsThe rating agency said the GST cut on small cars from 28 per cent to 18 per cent should revive entryâlevel demand and the removal of cess on SUVs can boost their demandThe hybrid volumes are expected to jump 3438 per cent to about 107â110 lakh units in FY26 up from 80406 units registered in FY25EV penetration is expected to remain modest at 34 per cent the report said forecasting electric car volumes in the PV segment at around 175 lakh units for FY26 EV sales grew by 83 per cent in FY24 and 11 per cent in FY25 reaching 111 lakh units in FY25Madhusudhan Goswami Assistant Director CareEdge Ratings said that after the GST rate cut robust growth in retail sales was observed across rural and urban marketsGoing forward with the end of festival season PV sales are expected to normalise however growth momentum is expected to sustain due to the upcoming harvest season boosting rural demand along with seasonal demand from weddingsâ Goswami addedPV industry growth in FY25 moderated to 37 per cent in FY25 due to the levelling off of pentup demand higher vehicle prices and the high base effect of previous years Despite these challenges new model launches and strong SUV demand sustained overall momentumThe pace of growth of the industry will depend on OEM pricing strategies product refresh cycles and sustained improvement in macroeconomic conditions the report noted IANS https://dailyworld.in/science/passenger-vehicle-volume-in-india-to-grow-around-4-pc-in-fy26-suv-demand-surges-649374.html Wed, 19 Nov 2025 14:44:00 +0530 https://dailyworld.in/science/indian-travel-industry-experiencing-massive-surge-in-consumer-confidence-spending-report-649381.html New Delhi Nov 19 The Indian travel industry is experiencing a massive surge in consumer confidence and spending with 88 per cent of travellers keen to travel a report said on Wednesday The industry is experiencing a significant market shift toward premiumisation and value maximisation along with a strong reliance on digital touchpoints across the traveller journey from inspiration to booking and the definitive trend is toward higher spending and comfortDomestically 72 per cent of travellers cite cost as less of a consideration and 81 per cent expect to splurge This premiumisation is even more pronounced for global trips where the average spend is 32 times that of a domestic trip according to the Googlecommissioned Kantar reportTravelling is now a form of selfexpression yet the booking path is often fragmented and we are seeing our digital ecosystem simplify this complexity Shaurab Kapadia Head of Travel and FoodTech Google India saidYouTube is the inspiration hub search is the essential touchpoint for planning with AI emerging as the critical enabler for travellersAt the same time we are enabling brands with our AIpowered ads suite and the YouTube creator ecosystem to optimise for micromoments ensuring personalised messaging that converts peak interest into a booking he addedAs per the report Video has become central to discovery with YouTube as the top source for travel inspiration used by a massive 68 per cent of Indian travellersYouTube is fueling aspirational travel and deep engagement across formats creators are highly influential trusted by 59 per cent of travellers who rely on them during trip planning while shorts are used for inspiration by 2 in 5 travellersThe report noted that travellers are highly digital with 85 per cent preferring to book online and brand trust is the top factor in accommodation and airline choices IANS https://dailyworld.in/science/indian-travel-industry-experiencing-massive-surge-in-consumer-confidence-spending-report-649381.html Wed, 19 Nov 2025 15:22:00 +0530 https://dailyworld.in/science/encouraginggainswho-lauds-india-fornarrowingtbdetection-gaps-reducingmortality-649161.html New Delhi Nov 18 The World Health Organization WHO on Tuesday lauded India for making âencouraging gainsâ to end tuberculosis TB with narrowing detection gaps and reducing mortality According to the recently released WHO Global Tuberculosis Report 2025 Indiaâs TB incidence fell by 21 per cent from 237 TB cases per lakh population in 2015 to 187 per lakh population in 2024 almost double the pace of decline observed globally at 12 per centThe countryâs TB mortality rate decreased from 28 per lakh population in 2015 to 21 per lakh population in 2024 reflecting significant progress in reducing deaths due to TBThe flagship TB Mukt Bharat Abhiyan launched in December 2024 has achieved extensive reach screening over 19 crore vulnerable individuals for TB across the country leading to the detection of over 245 lakh TB patients including 861 lakh asymptomatic TB cases the report saidGlobally 107 million people developed TB and 123 million died from the disease in 2024The WHO stated that India along with other countries in the South East Asia Region reported improvement in TBIn absolute numbers India had an estimated 271 million people with TB followed by Bangladesh 384000 Myanmar 263000 Thailand 104000 and Nepal 67000âSeveral countries demonstrated encouraging gains Bangladesh India and Thailand notified a large proportion of estimated cases narrowing detection gapsâ the WHO saidâTBrelated mortality though substantial has shown signs of improvement in several Member States Bangladesh Bhutan India Nepal and Thailand reported declines in estimated deaths due to TB compared to 2015 supported by recovery of essential TB services in the postCovid19 eraâ it addedYet the global health body stated that the overall pace of decline across South East Asia remains insufficient to meet the 2025 End TB milestonesThe SouthEast Asia Region home to less than a quarter of the global population disproportionately accounts for more than one in every three new TB cases worldwide emerging annually the WHO saidDrugresistant TB continues to pose a serious threat with 150000 new cases estimated in 2024While the Region has reduced TB incidence by 16 per cent since 2015 but deaths are not falling fast enough Moreover the Regionâs TB incidence rate of 201 per 100000 people remains well above the global average of 131 the UN health body saidâTuberculosis continues to threaten health security and development across the SouthEast Asia Region hitting the poorest the hardestâ said Dr Catharina Boehme OfficerinCharge WHO SouthEast AsiaâWe know what works early detection rapid treatment prevention and strong primary health care Whatâs needed now is speed scale and sustained political and financial commitmentâ she addedTB burden in 2024 continued to vary across the Region Myanmar and TimorLeste continued to record high TB incidence rates at around 480500 per 100000 population placing them among the higherincidence settings globallyBangladesh Bhutan India Nepal and Thailand reported incidence levels between 146 and 269 per 100 000 reflecting steady but tooslow declinesSri Lanka and the Maldives remained relatively lowincidence settings with incidence ranging from 5099 and 1049 cases per 100000 population respectively IANS https://dailyworld.in/science/encouraginggainswho-lauds-india-fornarrowingtbdetection-gaps-reducingmortality-649161.html Wed, 19 Nov 2025 00:07:00 +0530 https://dailyworld.in/science/tech-summit-bengaluru-emerged-as-global-hub-for-innovation-amp-talent-says-deputy-cm-shivakumar-649164.html Bengaluru Nov 18 Karnataka Deputy Chief Minister D K Shivakumar on Tuesday expressed satisfaction over the state hosting a major international event in Bengaluru stating that the city has emerged as a global hub for innovation and talent Addressing the media in Bengaluru on Tuesday Shivakumar said he was proud that nearly 60 countries were participating in the event and that global investors were showing strong interest in BengaluruMany investors have come forward to invest billions of dollars in Bengaluru he saidReferring to the scale of the event he noted that thousands of speakers would be participating in discussions over the next three days to shape the cityBengalurus human resource strength particularly its more than 25 lakh IT professionals was unmatched anywhere in the world he addedShivakumar assured all delegates that the government was committed to enabling ease of doing businessWorld leaders meet me every day They want to invest they want to come to Bengaluru We will help them in every possible way he saidHe highlighted the role of IT Minister Priyank Kharge and MLA and Chairman of the Karnataka State Electronics Development Corporation KEONICS Sharath Bachche GowdaHe also revealed that a new IT city was being planned in the Greater Bengaluru region including areas near BidadiCommenting on the rising cybercrimes globally the Deputy Chief Minister said the state government had taken steps to curb such offences in BengaluruHe urged students to innovate and compete at the global level assuring support for startup ideas and entrepreneurshipThe representatives of the world are here and they have faith in us he saidAccording to Shivakumar about 50000 people are participating in the event with 1200 major companies including all 400 Fortune companies taking part The government would ensure all necessary support for their investments and job creation he saidHe also responded to ongoing criticism regarding potholes in the city We welcome the criticism and it is our bounden duty to serve the people he remarked IANS https://dailyworld.in/science/tech-summit-bengaluru-emerged-as-global-hub-for-innovation-amp-talent-says-deputy-cm-shivakumar-649164.html Wed, 19 Nov 2025 00:10:00 +0530 https://dailyworld.in/science/navi-mumbai-international-airport-to-begin-commercial-operations-from-dec-25-649165.html Mumbai Nov 18 Navi Mumbai International Airport NMIA â Indiaâs newest Greenfield airport â will begin commercial operations from December 25 Christmas Day with 23 scheduled daily departures it was announced on Tuesday In the first month NMIA will operate for 12 hours â between 0800 hours and 2000 hours â handling 23 scheduled daily departuresDuring this period the airport will manage up to 10 flight movements per hourThe inaugural flight to arrive at NMIA will be IndiGo 6E460 from Bengaluru scheduled to touchdown at 800 AM Shortly after IndiGo 6E882 will depart for Hyderabad at 840 AM marking the first outbound service from the new airportDuring the initial launch period passengers will benefit from services operated by IndiGo Air India Express and Akasa Air connecting Mumbai to 16 major domestic destinations according to the airportStarting February 2026 the airport will transition to roundtheclock operations expanding to 34 daily departures to meet the increasing needs of the MMRNMIA is conducting comprehensive Operational Readiness and Airport Transfer ORAT trials in collaboration with all stakeholders including security agencies and airline partnersFurther strengthening its preparedness the Central Industrial Security Force CISF was formally inducted at NMIA on October 29 2025 with deployment across key airport functionsThe inauguration of NMIA by Prime Minister Narendra Modi on October 8 set the stage for a carefully phased operational rollout prioritising passenger safety reliability and comfort from day oneThe launch will add capacity to the growing aviation needs of the Mumbai Metropolitan Region MMRNavi Mumbai International Airport Private Limited NMIAL is a special purpose vehicle established for the development construction operation and maintenance of the Greenfield international airport projectNMIAL is a public private partnership PPP between Mumbai International Airport Limited MIAL a subsidiary of Adani Airports Holdings Limited AAHL which holds the majority stake of 74 per cent while the City and Industrial Development Corporation of Maharashtra Limited CIDCO holds the remaining 26 per cent IANS https://dailyworld.in/science/navi-mumbai-international-airport-to-begin-commercial-operations-from-dec-25-649165.html Wed, 19 Nov 2025 00:11:00 +0530 https://dailyworld.in/science/gold-silver-tumble-as-hopes-of-december-fed-rate-cut-fade-649167.html Mumbai Nov 18 Gold and silver prices dropped sharply in the domestic futures market on Tuesday morning as hopes of a US Federal Reserve rate cut in December faded and concerns over US tariffs eased This reduced the appeal of safehaven assets like bullion At early trade MCX Gold December futures were trading 119 per cent lower at Rs 121466 per 10 gramsMCX Silver December contracts also declined 165 per cent to Rs 152750 per kgGold has support at 40003965 while resistance at 40754110 Silver has support at 49704945 while resistance is at 50755110 market watchers saidIn INR gold has support at Rs122350121780 while resistance at Rs123750124500 Silver has support at Rs153850152100 while resistance at Rs156540 157280 they addedInternationally gold prices slipped for the fourth straight session on TuesdayA stronger US dollar and weakening expectations of a rate cut next month continued to weigh on the metalThe dollar index rose to 9959 making gold more expensive for buyers using other currenciesGold which is priced in US dollars becomes costlier when the greenback strengthens resulting in reduced demandThe recent US government shutdown which lasted a record 43 days had delayed the release of important economic data creating uncertainty about the condition of the worldâs largest economyWith the shutdown now over attention has shifted to key data releases expected this week including the September nonfarm payrolls report on ThursdayThese numbers will play a major role in shaping expectations around the US Federal Reserveâs next move on interest ratesMeanwhile Fed officials continue to send mixed signals on the future path of monetary policy adding further uncertainty to the marketWith no major positive fundamental triggers in recent days bulls remain hesitantâespecially with both metals still trading at historically high levelsTraders now await a fresh round of US economic data later this week Meanwhile a firmer US Dollar Index and slightly higher 10year Treasury yields added pressure to precious metals analysts said IANS https://dailyworld.in/science/gold-silver-tumble-as-hopes-of-december-fed-rate-cut-fade-649167.html Wed, 19 Nov 2025 00:14:00 +0530 https://dailyworld.in/science/india-committed-to-reduceburden-of-copdjp-nadda-649172.html New Delhi Nov 18 India is committed to reducing the burden of Chronic Obstructive Pulmonary Disease COPD a lung and airway disease that affects breathing said Union Health Minister JP Nadda on World COPD Day on Tuesday COPD is a common lung disease that restricts airflow and is sometimes called emphysema or chronic bronchitisWorld COPD Day is an annual global initiative aimed at raising awareness about the preventable and treatable lung diseaseIn a post on social media platform X Nadda stated that through the National Programme for Prevention and Control of NonCommunicable Diseases NPNCD the government is working for early detection and treatmentâToday on World COPD Day we are reminded of the platform it provides to spread awareness about preventing and managing chronic respiratory conditions India is committed to reducing the burden of COPD by prioritising early screening and diagnosis through the NPNCD programmeâ Nadda saidâAyushman Arogya Mandirs are helping people aged 30 and above get easy screening and timely guidance With stronger frontline services and better referrals we aim to ensure early diagnosis and proper treatment for allâ the Minister addedAccording to data from the World Health Organization WHO COPD is the fourth leading cause of death worldwide causing 35 million deaths in 2021 approximately 5 per cent of all global deathsIn people with COPD the lungs can get damaged or clogged with phlegm Symptoms include cough sometimes with phlegm difficulty breathing wheezing and tirednessSmoking and air pollution are the most common causes of COPD People with COPD are also at higher risk of other health problemsAccurate and timely diagnosis of COPD can improve quality of life and health outcomesâDo not ignore the symptoms of asthma and other chronic lung diseases COPD Consult a doctor at the right time and take steps towards a healthy lifeâ said the Health Ministry on XIt also lists risk factors for COPD These include âsmoking passive smoking and smoke from crackers occupational dust and chemicals frequent lung Infections as a child indoor smoke from wood coal cow dung crop residues used for cookingâ IANS https://dailyworld.in/science/india-committed-to-reduceburden-of-copdjp-nadda-649172.html Wed, 19 Nov 2025 00:20:00 +0530 https://dailyworld.in/science/indias-entertainment-sector-to-grow-7-pc-annually-to-cross-rs-3-000-billion-by-2027-649173.html New Delhi Nov 18 Indiaâs media and entertainment sector is projected to grow at a compound annual rate CAGR of about 7 per cent reaching approximately Rs 3067 billion by 2027 the government said on Tuesday The government projects this ecosystem to scale up to 100 billion by 2030 moving from a contentconsuming nation to a global creator and exporter of intellectual property an official statement saidThe government has formally recognised the Animation Visual Effects Gaming Comics and Extended Reality AVGCXR sector as a key driver of growthAVGC Promotion Task Force projected the creation of around 20 lakh direct and indirect jobs in the coming ten years while estimating that the sector could contribute to Indiaâs GDP through production exports and allied servicesThe gross valueadded GVA share steadily increased over the last decade as India now offers a 40 to 60 percent cost advantage in animation and VFX services supported by a large skilled workforceThis comparative edge attracted a steady inflow of international projects and positioned India as a preferred destination for global postproduction work the statement said Currently 25 per cent of total viewership for Indian OTT content originates from overseas audiencesThis reflects not only the commercial appeal of Indiaâs creative output but also its expanding role in cultural diplomacy as Indian stories continue to build emotional and cultural connections across continents the statement saidThe sector is driven by digital innovation youthdriven demand and a surge in creative entrepreneurship it said adding that the Centre aims to strengthen domestic capability in animation visual effects gaming and extended reality through investments in training digital infrastructure and innovationdriven institutionsIn May 2025 the Indian Institute of Creative Technologies IICT was formalised as a Section 8 company which onboarded Google YouTube Meta Adobe Microsoft NVIDIA Wacom and JioStar as industry partners to codevelop curricula offer internships and scholarships Further they support creativetech startups through incubation and mentoring IANS https://dailyworld.in/science/indias-entertainment-sector-to-grow-7-pc-annually-to-cross-rs-3-000-billion-by-2027-649173.html Wed, 19 Nov 2025 00:21:00 +0530 https://dailyworld.in/science/indias-it-spending-to-grow-106-pc-to-reach-1763-billion-in-2026-649183.html New Delhi Nov 18 Indiaâs IT spending is expected to reach 1763 billion in 2026 up 106 per cent onyear driven by accelerating adoption of cloud and digital technologies a report said on Tuesday The data centre systems segment is projected to record the highest annual growth rate rising 205 per cent in 2026 to 9385 million Evolving data privacy and sovereign cloud requirements are expected to drive growth in this segment through 2026 the report from Gartner saidâData centre systems spending is primarily driven by substantial AI infrastructure investments and multiple government programs aimed at strengthening the local AI ecosystemâ said Naresh Singh Senior Director Analyst at GartnerâAs the uncertainty pause that began earlier this year eases rising demand for AI infrastructure will fuel new investment in data centres in India said DD Mishra VP Analyst at GartnerMishra said that local CIOs will continue to prioritise investments in cybersecurity AIML and data analyticsTheir ongoing commitment to modernising applications strengthening connectivity implementing hyperautomation enhancing customer experience and operational efficiency will propel IT spending growth he saidSoftware spending is projected to grow 176 per cent to 247 billion as enterprises ramp up investment in AIenabled software solutions and modern IT infrastructureIT services spending is set to grow 111 per cent in 2026 with doubleâdigit growth projected over the next few years driven by strong enterprise investments in infrastructure as a service IaaS consulting and application modernisationThe Gartner report said the rapid growth of global capability centres GCCs and access to a highly skilled costeffective workforce will drive the sectorâs growth Devices spending is expected to rise 99 per cent to 66442 million while communications services will grow 54 per cent to 40414 million the report noted IANS https://dailyworld.in/science/indias-it-spending-to-grow-106-pc-to-reach-1763-billion-in-2026-649183.html Wed, 19 Nov 2025 00:32:00 +0530 https://dailyworld.in/science/we-promise-to-hold-your-hand-while-you-soargautam-adani-649191.html New Delhi Nov 18 Gautam Adani Chairman of the Adani Group on Tuesday unveiled a new heartwarming airport film promising to offer human touch while also providing worldclass service at Adani Airports The latest film âAapke Safar Ke Humsafarâ is under the acclaimed Hum Karke Dikhate Hain platform and demonstrates how infrastructure can be a catalyst for meaningful change and emotional connectionIn our actions sit the promises we make Promises to open new skies promises to carry your dreams across horizons and promises to hold your hand while you soar Aapke safar mein humsafar ban jaate hain New skies are here Hum Karke Dikhate Hain Gautam Adani shared in a post on the social media platform XThe airport story showcases the human touch where the ground staff at Adani Airports help an elderly couple embarking on their first international journey with wheelchair assistance The airport associate also guides them through the dutyfree shopping area offers lounge comfort and provides a smooth escort to the boarding gateThe film offers a sneak peek into the Adani Airports with worldclass benchmarks in travel and infrastructure while keeping people and communities at heartThe film conceptualised by Ogilvy India and directed by National Film Award and Filmfare awardwinning director Shoojit Sircar captures how Adani Airports go beyond infrastructure becoming true companions in every travellerâs journeyThe story culminates in a touching moment of gratitude underscored by the campaignâs signature message âSirf world class airports nahi chalate hainâ aapke safar mein humsafar ban jaate hain Adani Hum karke dikhate hainâ We dont just run worldclass airportsâ We become companions on your journey Adani We make it happenMeanwhile the latest airport under Adani Airports the Navi Mumbai International Airport NMIA which is also Indiaâs newest Greenfield airport is expected to begin commercial operations from December 25 Christmas Day with 23 scheduled daily departuresIn the first month NMIA will operate for 12 hours between 0800 hours and 2000 hours handling 23 scheduled daily departuresDuring this period the airport will manage up to 10 flight movements per hourNMIAL is a publicprivate partnership PPP between Mumbai International Airport Limited MIAL a subsidiary of Adani Airports Holdings Limited AAHL which holds the majority stake of 74 per cent while the City and Industrial Development Corporation of Maharashtra Limited CIDCO holds the remaining 26 per cent IANS https://dailyworld.in/science/we-promise-to-hold-your-hand-while-you-soargautam-adani-649191.html Wed, 19 Nov 2025 00:43:00 +0530 https://dailyworld.in/science/indias-october-services-exports-outpace-goods-exports-by-11-pc-report-649195.html New Delhi Nov 18 Indias services exports 385 billion outpaced goods exports 344 billion by 11 per cent in October bouncing back after a few months of weakness a report said on Tuesday The export of the service sector gained an average of 375 billion in the SeptemberOctober period against 33 billion in the first eight months of the year At the same time services trade surplus was at an alltime high of 20 billion during the month HSBC Global Investment Research said in its reportAs expected gold imports surged 58 per cent yearonyear YoY during the month under review In the Diwali month the gold import bill rose to 147 billion jumped over 5 billion from the previous monthMeanwhile core imports nonoil nongold contracted on a sequential basis following a sharp rise last month as select categories like electronics machinery and machine tools grew quicklyElectronic imports in particular may have risen on the back of GST rate cuts the report saidIndias goods trade deficit widened to 417 billion during the month an alltime high from 322 billion in September The report anticipated that the trade deficit would widen due to festive demandAfter seasonally adjusting the trade deficit stood at 334 billion compared to 311 billion in September The report further highlighted that the exports to the US contracted YoY terms for a second month in a row 12 per cent in September and 86 per cent in OctoberExports to nonUS destinations have also lost momentum after rising 11 per cent YoY in September in line with the trends observed in the first half of 2025 H1 2025Some of this could reflect the heightened competition of selling to nonUS destinations as many countries try to diversify exports posttariff announcements IANS https://dailyworld.in/science/indias-october-services-exports-outpace-goods-exports-by-11-pc-report-649195.html Wed, 19 Nov 2025 00:46:00 +0530 https://dailyworld.in/science/c-dot-signs-pact-to-participate-in-amaravati-quantum-valley-initiative-649196.html New Delhi Nov 18 The Centre for Development of Telematics CDOT on Tuesday said it has signed a memorandum of understanding MoU with the Andhra Pradesh government to participate in the Amaravati Quantum Valley AQV initiative Andhra Pradesh has taken a giant step in shaping Indiaâs quantum future with the initiative of setting up AQVThe project involves statelevel partnerships infrastructure and training programmes aiming to create an integrated quantum ecosystem uniting hardware manufacturing software development talent nurturing and research excellenceThrough this partnership CDOT proposes to set up a centre of excellence CoE in quantum communication and security solutions along with allied areas like privacy enhancement technologies PETs in Amaravati Quantum ValleyCDOT will focus on quantum communication solutions at the proposed Centre at AQV Its expertise in the quantum communication field will help in providing the necessary resources and skill development to emerging players in IndiaIt will support research and testing in the NQM National Quantum Mission aligned areas of Quantum Security Solutions along with the development of PETs to ensure compliance with MeitYâs Digital Personal Data Protection DPDP frameworkIt will also focus on costeffective subcomponent development for quantum communication systems and establish an integrated testbed for quantum security thereby strengthening the AQV mandate fostering a quantumsafe ecosystem and enhancing digital privacy and data protection across the nation an official statement saidThe MoU was exchanged in the presence of Nara Lokesh State Minister of IT during the 30th edition of CII Partnership Summit in Visakhapatnam recentlyCDOT is the premier telecom RampD centre of the Department of Telecommunications Government of India engaged in the design development of indigenous telecom solutions and deployment of cuttingedge communication technologies to meet the countryâs strategic and socioeconomic needs IANS https://dailyworld.in/science/c-dot-signs-pact-to-participate-in-amaravati-quantum-valley-initiative-649196.html Wed, 19 Nov 2025 00:47:00 +0530 https://dailyworld.in/science/govt-launchesnationalaction-plan-on-antimicrobial-resistance-20-649203.html New Delhi Nov 18 Union Minister of Health and Family Welfare on Tuesday launched the second version of the National Action Plan on Antimicrobial Resistance 202529 with key strategies to contain antibiotic resistance The NAPAMR 20 was released by Health Minister JP Nadda on the first day of the WHOâs World AMR Awareness Week November 1824 in the national capital The first NAPAMR was launched in 2017The NAPAMR 20 is a significant step in tackling AMR through a One Health approach With participation from over 20 ministries and clear timelines and budgets stakeholders reaffirmed their commitment to protecting public health the Ministry of Health saidAMR poses significant risks particularly in surgical procedures cancer treatment and other critical healthcare interventions The overuse and misuse of antibiotics have unfortunately become common practice underscoring the urgency of corrective measuresâ Nadda said during the launchThe NAPAMR 20 addresses the gaps identified in the first NAPAMR by increasing the ownership of AMRrelated efforts strengthening intersectoral coordination and ensuring stronger engagement with the private sectorThe updated NAPAMR includes specific action plans of each key stakeholder ministrydepartment with timelines and budget to enable effective monitoring of progress in implementation of the national action plan It also includes welldefined mechanisms for coordination and collaboration within and across the sectors the Ministry saidThe One Health approach in this action plan has sectoral action as the foundation of intersectoral collaboration and coordination among human animal agriculture environmental and other relevant sectors over the next five years Nadda saidIt includes six strategic objectives with subobjectives and key activitiesThese include focus on improving awareness and understanding of AMR through effective communication education and training strengthening laboratory capacity for AMR detection surveillance and targeted surveillance of antibiotic residues reducing the incidence of infection through effective infection prevention and control optimising the use of antimicrobial agents in humans animals and food through uninterrupted access and judicious use of antimicrobials promoting research and innovations by identifying priorities for basic and operational research relevant to AMR and focus on strengthening governance intra and inter sectoral coordination and collaborations on AMRAfter its launch each stakeholder ministry department is expected to develop their implementation roadmap ensuring engagement of the private sector technical institutions professional groups industry cooperatives NGOs International partners and other relevant organisations the Ministry said IANS https://dailyworld.in/science/govt-launchesnationalaction-plan-on-antimicrobial-resistance-20-649203.html Wed, 19 Nov 2025 00:55:00 +0530 https://dailyworld.in/science/stock-market-snaps-6-day-gaining-momentum-amid-profit-booking-649213.html Mumbai Nov 18 Indian stock indices closed lower on Tuesday snapping the sixth sessions winning streak amid profit booking Sensex closed at 8467302 down 27793 points or 033 per cent The 30share index started the session flat at 8504237 against last sessions closing of 8495095 Later the index dragged into negative territory as selling pressure gripped the market sentimentNifty closed at 2591005 down 10340 points or 040 per centThe domestic equity market edged lower as investors booked profits after the recent rebound mirroring weak global sentiment Expectations of a US Fed rate cut in December have diminished weighing on sentiment with IT metal and realty stocks declining amid a stronger dollar while private banks offered some support said analystsInvestors now await this weekâs US jobs data which will be key in shaping the Fedâs policy outlook Going forward progress on the IndoUS trade deal and a strengthening domestic earnings outlook could help revive confidence and support market momentum to convincingly cross the Nifty50 threshold of 26000 he addedTech Mahindra Eternal Infosys Bajaj FinServ Bajaj Finance LampT Trent Hindustan Unilever HCL Tech Mahindra and Mahindra TCS BEL HDFC Bank ICICI Bank and Sun Pharma were the top losers from the Sensex basket Bharti Airtel Axis Bank Asian Paints and PowerGrid closed higherThe majority of sectoral indices fell amid overall selling Nifty Fin Services fell 99 points or 036 per cent Nifty Bank decreased 63 points or 011 per cent Nifty Auto dipped 104 points or 038 per cent Nifty FMCG fell 313 points or 056 per cent and Nifty IT ended the session 400 points or 110 per cent lowerBroader indices also experienced pressure during the session Nifty Midcap fell 358 points or 059 per cent Nifty Smallcap 100 dipped 192 points or 105 per cent and Nifty 100 closed 120 points or 045 per cent lower IANS https://dailyworld.in/science/stock-market-snaps-6-day-gaining-momentum-amid-profit-booking-649213.html Wed, 19 Nov 2025 01:05:00 +0530 https://dailyworld.in/science/preventable-cervical-cancer-kills-a-woman-every-two-minutes-un-649066.html New Delhi Nov 17 One woman worldwide dies every two minutes due to cervical cancer a treatable and preventable disease said the UN on Monday on the first official World Cervical Cancer Elimination Day The day November 17 was designated by the Seventyeighth World Health Assembly WHA788 to raise awareness of the disease and to expand access to HPV vaccination highperformance screening and treatment servicesâEvery two minutes a woman dies from cervical cancer Access to screening vaccination and treatment is key to ending this preventable diseaseâ the UN shared in a post on the social media platform XâCervical cancer can be prevented In addition to vaccination regular screening of women and treatment of precancerous lesions protect from cancerâ added the World Health Organization WHOAccording to the WHO cervical cancer is the fourth most common cancer in women globally with around 660000 new cases and around 350000 deaths in 2022Notably nine in 10 of these deaths occur in the poorest countries with inadequate access to vaccination screening and treatmentCervical cancer is caused by persistent infection with the human papillomavirus HPV Women living with HIV are six times more likely to develop cervical cancer compared to women without HIVHowever cervical cancer can be cured if diagnosed at an early stage and treated promptlyProphylactic vaccination against HPV and screening and treatment of precancer lesions are effective strategies to prevent cervical cancer and are very costeffectiveThe theme this year is âAct Now Eliminate Cervical Cancerâ It calls for bold united action to build on existing progress and accelerate impact toward the 907090 targets by 2030The target is to vaccinate 90 per cent of girls against HPV by age 15 screen 70 per cent of women with a highperformance test by age 35 and again at 45 and provide treatment to 90 per cent of women with cervical diseaseElimination is within reach if we act now together ensuring every girl is protected through HPV vaccination and every woman has access to prevention screening and careâ the WHO said IANS https://dailyworld.in/science/preventable-cervical-cancer-kills-a-woman-every-two-minutes-un-649066.html Tue, 18 Nov 2025 03:23:00 +0530 https://dailyworld.in/science/sensex-nifty-open-lower-on-weak-global-cues-649125.html Mumbai Nov 18 Indian stock markets opened lower on Tuesday as weak global cues weighed on investor sentiment Both benchmark indices slipped 02 per cent at the opening bell The Sensex dropped 195 points to trade at 84756 in early deals while the Nifty fell 64 points to 25949 Most heavyweight stocks were under pressure dragging the indices downâImmediate resistance now lies at 26100 followed by 26150 while the 25850â25900 band is likely to offer meaningful support and serve as an accumulation zone for positional tradersâ market experts saidâThese levels will remain crucial as the index navigates early weaknessâ experts notedTata Steel Bajaj Finance Bajaj Finserv Kotak Mahindra Bank Larsen amp Toubro Mahindra amp Mahindra Tech Mahindra HCL Tech Sun Pharma and Titan were among the major laggards declining between 05 per cent and 1 per centHowever a few stocks managed to stay in positive territory Bharat Electronics Bharti Airtel Axis Bank Eternal and State Bank of India were the only gainers on the Sensex rising up to 05 per centBroader markets also opened weak with the Nifty MidCap index slipping 025 per cent and the Nifty SmallCap index falling 040 per centAmong sectoral indices Nifty PSU Bank was the only one to trade higher gaining 025 per cent On the other hand Nifty Realty and Nifty Metal dropped 08 per cent each while the Nifty IT index fell 05 per centThe Bank Nifty mirrored the broader marketâs resilience reflecting renewed buying momentumâStrong support is identified at 58600 and a breakdown below this mark may trigger a modest decline toward 58800â market watchers mentionedâOn the upside resistance at 59100 remains a key barrier and a sustained breakout above this level may open the path toward 59300 indicating potential continuation of the bullish trendâ experts stated IANS https://dailyworld.in/science/sensex-nifty-open-lower-on-weak-global-cues-649125.html Tue, 18 Nov 2025 16:59:00 +0530 https://dailyworld.in/science/indian-stock-market-opens-higher-as-investors-cheer-ndas-bihar-win-bank-nifty-hits-new-record-648997.html Mumbai Nov 17 The Indian stock market began the week on a positive note as both the Sensex and Nifty opened in the green on Monday The rebound comes after Fridayâs sharp fall with investors showing confidence amid the NDAâs win in the Bihar Elections 2025 and strong movement in select stocksThe Sensex was seen trading at 84759 up 196 points or 023 per cent The Nifty also moved higher to 25963 gaining 53 points or 021 per centOn the weekly chart the Nifty has shown a firm recovery from key support zones closing above 25900 and signaling a sidewaystobullish bias experts saidImmediate support is placed at 25800 and 25700 offering opportunities to accumulate on dips while resistance levels are seen at 26000 and 26100 the latter acting as a critical breakout point A sustained move above 26100 could open the door for an upside extension toward the 26250â26400 zone in the coming weeks they addedMajor Sensex gainers in early trade included Kotak Bank LampT Titan Company MampM SBI Tech Mahindra and ITC all rising up to 1 per centOn the other hand Tata Motors PV was the biggest loser slipping 6 per cent Other laggards included Eternal Ultratech Cement TCS Power Grid and InfosysThe broader market sentiment was also positive The Nifty MidCap index rose 045 per cent while the Nifty SmallCap index climbed 048 per centAmong sectoral indices the Bank Nifty touched a fresh lifetime high of 58830 after rising 05 per cent The Nifty PSU Bank index gained 12 per cent while the Nifty Private Bank and FMCG indices added 05 per cent eachThe Nifty Financial Services index also inched up 04 per centAnalysts said that the market opened with renewed strength supported by banking stocks and improving investor sentiment IANS https://dailyworld.in/science/indian-stock-market-opens-higher-as-investors-cheer-ndas-bihar-win-bank-nifty-hits-new-record-648997.html Mon, 17 Nov 2025 12:49:00 +0530 https://dailyworld.in/science/gold-silver-prices-decline-as-stronger-dollar-weighs-on-demand-649010.html Mumbai Nov 17 Gold and silver prices fell in the domestic futures market on Monday morning as the US dollar strengthened and global cues remained weak At early trade MCX Gold December futures were trading 021 per cent lower at Rs 123300 per 10 gramsSilver prices also slipped with MCX Silver December contracts down 038 per cent at Rs 155424 per kgGold has support at 40354000 while resistance at 41154140 Silver has support at 50304985 while resistance is at 51255150 market experts saidIn INR gold has support at Rs122950122380 while resistance at Rs124950125500 Silver has support at Rs153850152500 while resistance at Rs156740 157880 they addedThe dollar index gained 014 per cent putting pressure on gold demand and prices Since gold is priced in dollars a stronger US currency makes the metal costlier for buyers using other currencies which often reduces its demandInvestors are now waiting for important US economic data due this week including the September nonfarm payrolls report scheduled for ThursdayThese figures will give a clearer picture of the US economyâs health and help shape expectations for the Federal Reserveâs December monetary policy decisionThe recent US government shutdown had delayed the release of some economic dataHowever media reports indicate that the Commerce Departmentâs Bureau of Economic Analysis is preparing to update its schedule for upcoming data releasesGold and silver prices experienced a rollercoaster trend last week slipping from their highs in the last two days after hawkish Fed comments dampened investor sentimentThe metals also softened as investors prepared for a busy week of delayed US economic data The upcoming nonfarm payrolls report is expected to offer crucial insight into the Federal Reserveâs policy direction market watchers saidExpectations of a December rate cut dropped to 46 per cent after hawkish Fed signals Despite nearterm volatility both precious metals are on track for their strongest annual performance in decades they addedRobust central bank buying and persistent safehaven interest amid fiscal and geopolitical uncertainty continue to fuel bullionâs upward momentum as per the experts IANS https://dailyworld.in/science/gold-silver-prices-decline-as-stronger-dollar-weighs-on-demand-649010.html Mon, 17 Nov 2025 15:00:00 +0530 https://dailyworld.in/science/indias-ai-shift-from-pilots-to-performance-as-47-pc-enterprises-have-multiple-ai-use-cases-report-648931.html New Delhi Nov 16 Indiaâs enterprise AI landscape has reached an inflexion point as nearly half of Indian enterprises 47 per cent now have multiple Generative AI GenAI use cases live while 23 per cent are in pilot stage marking a decisive shift from pilots to performance a report said on Sunday Indian enterprises are demonstrating strong confidence by embedding AI into core business workflows to deliver measurable resultsNotably 76 per cent of business leaders believe that GenAI will have a significant business impact and 63 per cent feel ready to leverage it effectively a joint report from EY and Confederation of Indian Industry CII statedOur survey shows that corporate India has moved beyond experimentation Nearly half the enterprises already have multiple use cases in production said Mahesh Makhija Partner and Technology Consulting Leader EY IndiaFor enterprises the focus must now move from building pilots to designing processes where humans and AI agents collaborate seamlessly he addedAccording to the report despite optimism AI and ML investments remain modest in scale More than 95 per cent of organisations allocate less than 20 per cent of their IT budgets to AI Only 4 per cent have crossed the 20 per cent threshold highlighting that while belief is high funding for scaled AI transformation is still conservativeThere is a clear imbalance between conviction and commitment which is becoming a defining factor in how quickly enterprises extract measurable returns from AI the report notedAs organisations operationalise AI the question of return on investment has taken centre stageThe report highlighted that enterprises are moving away from measuring AI success purely through cost reduction and productivity metrics towards a fivedimensional ROI model encompassing time saved efficiency gains business upside strategic differentiation and resilienceMeanwhile as per the report speed has become the new metric of competitive advantage in AI adoptionAs much as 91 per cent of business leaders identified rapid deployment as the single biggest factor influencing their âbuy versus buildâ decisions underscoring a growing impatience to translate innovation into impactOver the next 12 months organisations are expected to focus their GenAI investments on operations 63 per cent customer service 54 per cent and marketing 33 per cent reflecting a clear shift from experimentation to embedding AI in core business functions that directly drive efficiency experience and growthâThe coming decade will be defined not only by the speed of AI adoption but by the quality of its integration into Indiaâs economic and social fabric This transformation has the potential to add value to Indiaâs growth story said Chandrajit Banerjee Director General CII IANS https://dailyworld.in/science/indias-ai-shift-from-pilots-to-performance-as-47-pc-enterprises-have-multiple-ai-use-cases-report-648931.html Mon, 17 Nov 2025 01:43:00 +0530 https://dailyworld.in/science/v-p-radhakrishnan-highlights-cags-global-standing-as-external-auditor-for-who-amp-ilo-648934.html New Delhi Nov 16 VicePresident CP Radhakrishnan on Sunday highlighted that the global reputation of Indias Comptroller and Auditor General of India CAG has surged with its role as external auditor for organisations like the World Health Organisation WHO and the International Labour Organisation ILO Addressing the fifth Audit Diwas celebrations here the VicePresident also mentioned that currently CAG chairs the Asian Organisation of Supreme Audit Institutions ASOSAI and the International Organisation of Supreme Audit Institutions INTOSAI Committee including the Working Group on IT Audit positioning Bharat as a global leader in auditing standardsHe called it as a testimony to Bharats journey from being a follower to emerging as a global leaderIn his address VicePresident Radhakrishnan hailed the CAG as the guardian of the public purse emphasising its vital role in protecting public money and promoting good governanceHe lauded the CAGs 165 years of dedicated service legacy since the office of Auditor General was instituted in 1860Supreme Audit institutions across the world share one common purpose to protect public money and promote good governance Among them the CAG of India stands proudly upholding the principles of accountability transparency and integrity in public life he remarkedVicePresident Radhakrishnan applauded the CAG for notifying One Nation One Set of Object Heads of Expenditure for both the Union and state governments a reform that will significantly enhance transparency and comparability of government expenditureHighlighting Indias advancements in artificial intelligence AI big data blockchain and machine learning the VicePresident expressed happiness to note that the CAG through initiatives like the One Indian Audit and Accounts Department IAAD One System AIbased audit frameworks and several other measures has embedded technology predictive analytics and generative AI into the very DNA of public financial managementHe also praised the CAGs partnerships with premier institutions like IIT Madras to build capacity in data sciences cybersecurity and deep learningHe expressed satisfaction with the fact that a customised Large Language Model is being developed to feed more than 20000 inspection reports annually bolstering datadriven auditingTechnology adoption will enhance risk detection efficiency and evidencebased governance ensuring the optimal use of public funds the VicePresident saidTo achieve this we need to have a futureready and citizencentric civil service he addedThe VicePresident urged officers to continuously upgrade their skills and auditing capabilities ensuring that public welfare remains at the heart of governanceSenior officials present on the occasion included K Sanjay Murthy CAG of India Deputy CAGs Subir Mallick Krishnan Sagaran Subramanian and Jayant Sinha retired CAGs and officials from the Indian Audit and Account Service IAampAS were present at the event IANS https://dailyworld.in/science/v-p-radhakrishnan-highlights-cags-global-standing-as-external-auditor-for-who-amp-ilo-648934.html Mon, 17 Nov 2025 02:01:00 +0530 https://dailyworld.in/science/e-jagriti-empowers-consumers-275-lakh-users-registered-13-lakh-complaints-filed-since-january-launch-648944.html New Delhi Nov 16 In a major boost to consumer rights the eJagriti platform has emerged as a transformative digital grievance redressal system registering more than two lakh users since its launch on January 1 2025 the Ministry of Consumer Affairs Food and Public Distribution said on Sunday The platform streamlines procedures for citizens by reducing paperwork minimising travel and cutting down physical documentation thereby promoting environmental sustainabilityIt also strengthens access for nonresident Indians NRIs by removing geographical barriers and enabling them to assert their consumer rights from abroadAs of November 13 the unified portal has facilitated 130550 case filings and ensured the disposal of 127058 cases reflecting its efficiency in strengthening consumer protection across the countryWith its simple OTPbased registration eJagriti enables NRIs to file complaints make digital or offline fee payments participate in virtual hearings exchange documents online and track cases in real time eliminating the need for physical presence in IndiaMore than 275 lakh users including 1388 NRIs are registered enabling a Global Access and Seamless Consumer Grievance Redressal Platform enabling the filing of complaints from abroad virtual hearings and realtime tracking ensuring accessible justice for allEJagriti reflects governmentâs commitment to citizencentric technologydriven governance and empowers consumers with paperless contactless and efficient grievance redressalThis year 466 NRI complaints have been filed through the platform with major participation from countries such as the US 146 the UK 52 the UAE 47 Canada 39 Australia 26 and Germany 18The platforms inclusive features include a multilingual interface chatbot assistance voicetotext support for visually impaired and elderly users and endtoend encryption which enhance accessibility transparency and user security the Ministry saidFor citizens within India eJagriti integrates legacy systems like OCMS eDaakhil NCDRC CMS and CONFONET into a single seamless interfaceAs of November 13 2025 a total of 130550 complaints have been lodged nationwide with high adoption in states like Gujarat 14758 cases Uttar Pradesh 14050 cases and Maharashtra 12484 casesThe platforms rolebased dashboards provide advocates with tools to track cases upload documents and receive alerts while judges access digital files analytics and virtual courtrooms for efficient hearingsThe eJagriti platform is transforming consumer grievance redressal with faster disposals improved accessibility and secure digital processesOffering global access with endtoend encryption and rolebased permissions it enables citizens and NRIs to file and track cases from anywhereAutomated workflows virtual hearings and realtime SMSemail alerts have enhanced efficiency helping 10 states and the National Consumer Disputes Redressal Commission NCDRC achieve disposal rates above 100 per centIn 2025 eJagriti recorded a notable rise in disposal efficiencyBetween JulyâAugust 27545 cases were disposed against 27080 filed and in SeptemberâOctober 24504 cases were cleared against 21592 filed surpassing 2024 performance and accelerating backlog reductionMore than 2 lakh SMS and 12 lakh email notifications have been dispatched covering registrations case approvals document submissions and realtime updates ensuring users never miss deadlines especially those operating across time zones the Ministry addedThe platform has also enabled swift and impactful resolutionsIn Assam a parent secured a Rs 305 lakh award within 25 days after an online course provider wrongfully deducted feesIn Tripura a consumer won more than Rs 167 lakh for an eightyearold defective LG refrigerator reinforcing that brands remain accountable long after purchase IANS https://dailyworld.in/science/e-jagriti-empowers-consumers-275-lakh-users-registered-13-lakh-complaints-filed-since-january-launch-648944.html Mon, 17 Nov 2025 02:30:00 +0530 https://dailyworld.in/science/frequent-ministerial-turnovercrippling-pakistans-healthcaresector-648838.html New Delhi Nov 15 An evershifting governance framework has suspended Pakistanâs healthcare sector in a perpetual instability according to a media report The country has in the last decade seen an alarming rate of ministerial turnover in the health sector which has not only disabled the implementation of meaningful policy but also the delivery of consistent services Islam Khabar reportedIt noted that more than âresource shortages a lack of medical expertise or population pressuresâ the absence of administrative continuity has led to the crumbling of the healthcare sectorAs a result public health programmes have been discontinued and funding allocations have been inconsistentâThe country boasts a considerable pool of skilled doctors nurses and allied health professionals Yet their ability to deliver quality care is continuously undermined by an evershifting governance frameworkâ the report saidâHospitals are overburdened rural clinics remain chronically underequipped and public health initiatives falter before they can gain traction These failures are not the result of incompetence at the individual level but of structural dysfunction at the topâ it addedThe report cited that patients are bearing the brunt of the inefficiency with long queues delays in treatment and inconsistent quality of careChildren pregnant women and the chronically ill are disproportionately affected the report saidIt added that immunisation campaigns are faltering rural birthing centres remain understaffed or underresourced contributing to preventable maternal and infant deathsThe fragmented leadership and inconsistent policy enforcement have been exacerbating health emergencies such as outbreaks of dengue measles or polio It will also increase the challenges posed by climate change and widen rural health disparitiesThe absence of governance will continue to overburden hospitals and underequipped rural health centres said the report Millions of patients in the country have been denied the simple dignity of reliable care in the last decadeâThe human cost of this instability is immediate tangible and unforgiving and it grows with every ministerial shuffleâ the report said IANS https://dailyworld.in/science/frequent-ministerial-turnovercrippling-pakistans-healthcaresector-648838.html Sun, 16 Nov 2025 00:12:00 +0530 https://dailyworld.in/science/john-ternus-leads-as-internal-contender-for-apple-ceo-position-report-648839.html New Delhi Nov 15 US tech giant Apples Senior VicePresident of hardware engineering John Ternus is viewed inside the company as a leading contender to succeed Chief Executive Tim Cook who is set to step down in early 2026 a report said on Saturday Appleâs board and senior leaders have accelerated its succession plans and increased focus on a smooth leadership transition as the company prepares for Tim Cooks resignation after 14 years at the helm of the 4 trillion tech giant the report from Financial Times said adding that no final decision has been madeIf appointed Apple would get a hardwarefocused leader in Ternus when it seeks expansion into new product categories to keep pace with Silicon Valley competitors in AIThe move is not tied to Appleâs current performance as the company expects a strong yearâend sales season particularly for the iPhoneApple is unlikely to appoint a new CEO before its earnings report in late January the report saidIt noted that the company would allow the successor time to settle ahead of the Worldwide Developers Conference in June and the iPhone launch in SeptemberCook who turned 65 this month became Apples CEO in 2011 after cofounder Steve Jobs passed away Under his leadership Appleâs market value grew from around 350 billion in 2011 to 4 trillionAppleâs stock nears a record high with a 12 per cent annual gain following strong results last month But Appleâs gains trail US rivals like Alphabet Nvidia and Microsoft which have soared amid investor enthusiasm for artificial intelligenceApple recorded its highestever quarterly shipments in India in the third quarter of 2025 Q3 2025 reaching 5 million units and securing the fourth position in the market for the first time IANS https://dailyworld.in/science/john-ternus-leads-as-internal-contender-for-apple-ceo-position-report-648839.html Sun, 16 Nov 2025 00:14:00 +0530 https://dailyworld.in/science/indianbiosphere-reserves-testament-to-how-culture-sustainable-development-can-coexist-648842.html New Delhi Nov 15 The biosphere reserves in India showcase how biodiversity cultural richness and sustainable development can coexist underscoring the continuing journey to balance nature and people according to a report More than being preserved wilderness the countrys landscapes âare dynamic zones where ecological stewardship is interwoven with local livelihoods scientific research and policy learningâ India Narrative reportedAs per recent data the country has 18 biosphere reserves spanning 91425 square kilometersOf these 13 reserves are recognised as part of UNESCOâs World Network of Biosphere Reserves highlighting their global significanceThe report stated that the countryâs biosphere reserves âare designed as âliving laboratoriesâ places where sustainable practices are not just theorised but actively testedâThis is visible with the doubling of the budget for biodiversity conservation Rs 10 crore in 202526Notably the countryâs biosphere reserve programme works in tandem with iconic national initiatives such as Project Tiger Project Elephant and the Green India MissionâThese integrated efforts form a policy ecosystem where species conservation ecosystem management and community development sustain and reinforce each otherâ the report saidThe efforts led to substantial gains in forest cover and qualityâ leading to the country being ranked ninth globally in total forested area and third in annual forest increaseâSuch progress is not merely statistical It signifies discernible shifts in land use improved ecosystem resiliency and enhanced prospects for local populations who depend on forest products and servicesâ the report saidBiosphere reserves also deliver other benefits such as âimprovements in ecological health stronger climate resilience in vulnerable habitats and innovative alternative livelihoods for forestdependent communitiesâFurther the countryâs biosphere reserves also offer valuable lessons for the worldâIndiaâs commitments to national and international protocols its legal framework and willingness to experiment with financial models all set benchmarks other countries can aspire toâ the report saidAmid accelerating climate change increasing population and rising economic pressures âthe real test for biosphere reserves will be their ability to remain inclusive flexible and genuinely participatoryâ it addedThe report called for integrating ecological social and economic perspectives to ensure that forests wildlife and people thrive together IANS https://dailyworld.in/science/indianbiosphere-reserves-testament-to-how-culture-sustainable-development-can-coexist-648842.html Sun, 16 Nov 2025 00:19:00 +0530 https://dailyworld.in/science/services-pmi-foreign-reserve-infra-output-data-to-drive-market-sentiment-next-week-648893.html Mumbai Nov 16 As the second quarter Q2 earnings season almost gets over domestic indicators such as services PMI infrastructure output data and NDAs government formation in Bihar post landslide victory will drive the market sentiment next week according to market watchers on Sunday Globally market mood will be shaped by key US economic releases including the minutes of the latest FOMC meetingAdditionally the ongoing volatility in AIlinked stocks will remain a key factor to watch given its potential to influence broader market sentiment said Ajit Mishra of Religare BrokingThis week the domestic indices staged a strong rebound during the week ending firmly in the green after the recent phase of weaknessDespite volatility in the later sessions which was mostly caused by conflicting global developments sentiment was positive from the beginning and was bolstered by positive domestic cuesWith the help of lower GST rates and falling food prices Indias retail inflation dropped precipitously from 144 per cent in September to 025 percent in October which greatly boosted investor confidenceBecause of lower prices for nonfood items and softer crude oil wholesale inflation also fell into negative territory in October falling 121Additional support came from strong macro indicators including a 7 per cent YoY rise in net direct tax collections to over Rs 1292 lakh crore reflecting healthy corporate profitability and steady income growth Mishra said Expectations of an NDA win in the Bihar elections also helped boost political sentiment and increase risk appetite in generalFollowing the abovementioned positive cues both benchmark indices gained over one and a half per cent with the Nifty closing at 2591005 and the Sensex settling at 8456278 the analyst saidIT pharmaceutical and auto stocks led the recovery while sectoral performance stayed generally positive due to declining inflation steady demand patterns and rising global sentimentThe banking index setting a new record high was one of the weeks major highlights The only industry to finish slightly lower was real estate most likely as a result of profit booking after a robust previous runupFurthermore the India VIX closed at 119375 after dropping 494 per cent over the course of the week suggesting less volatility and a more stable market environment IANS https://dailyworld.in/science/services-pmi-foreign-reserve-infra-output-data-to-drive-market-sentiment-next-week-648893.html Sun, 16 Nov 2025 17:07:00 +0530 https://dailyworld.in/science/eight-of-indias-top-10-firms-add-over-rs-2-lakh-crore-in-value-last-week-648898.html Mumbai Nov 16 Indiaâs equity markets staged a forceful comeback this week lifting the cumulative market capitalisation of eight of the countryâs ten mostvalued companies by Rs 20518508 crore Even though two major players ended the day on a lower note the rebound was driven by a general increase in investor sentiment which was aided by firm global cues renewed institutional buying and easing volatilityThe enhanced risk appetite was reflected in the benchmark indicesThe recent corrective phase came to an end and the week concluded on a solid note as the NSE Nifty rose 41775 points 164 per cent and the BSE Sensex advanced 134650 points 162 per cent Meanwhile the two industries that contributed most to the creation of wealth were telecom and energyWith a dramatic increase of Rs 5565254 crore Bharti Airtel spearheaded the rally and increased its valuation to Rs 119670084 crore The next most valuable company in the nation was Reliance Industries whose market capitalisation increased by Rs 5494184 crore to Rs 205537961 croreStudents majoring in banking and IT also took part in the uprising While Infosys gained Rs 1044832 crore to reach Rs 62419880 crore Tata Consultancy Services added Rs 4075775 crore increasing its valuation to Rs 112341617 croreAmong lenders the State Bank of India SBI added Rs 105229 crore to reach Rs 89292379 crore HDFC Bank increased by Rs 914913 crore to Rs 152052434 crore and ICICI Bank increased by Rs 2083435 crore to Rs 98037443 croreHindustan Unilever one of the top performers saw a slight increase of Rs 287825 crore bringing its market capitalisation to Rs 57018706 croreBut the week wasnt entirely good as the two companies from the top 10 experienced erosion Bajaj Finance which lost Rs 3014794 crore fell to Rs 63357338 crore and Life Insurance Corporation of India which lost Rs 926612 crore caused its valuation to fall to Rs 57510042 croreReliance HDFC Bank and Bharti Airtel continue to lead Indias valuation hierarchy and the overall weekly gain highlights that bluechip counters continue to anchor the markets recovery despite the mixed performance at the bottom of the list IANS https://dailyworld.in/science/eight-of-indias-top-10-firms-add-over-rs-2-lakh-crore-in-value-last-week-648898.html Sun, 16 Nov 2025 17:12:00 +0530 https://dailyworld.in/science/finance-minister-to-continue-pre-budget-consultations-with-industry-stakeholders-this-week-648919.html New Delhi Nov 16 The Finance Ministry will resume its preBudget consultations for the Union Budget 2026â27 from November 18 engaging with stakeholders from various industries over a weeklong schedule According to reports the opening day will feature three key meetings â representatives from capital markets followed by startups and later the manufacturing sectorOn November 19 discussions will shift to the banking financial services and insurance BFSI sector and the information technology IT industry Members from the hospitality and tourism industries will meet the minister on November 20 with labour unions coming next Infrastructure energy and urban development representatives will meet with the finance minister on November 21Internal Officers and representatives from the social sector will meet to wrap up the exercise on November 26Last week Finance Minister Nirmala Sitharaman held the first prebudget consultations with leading economists ahead of the upcoming Union Budget 202627The meeting was attended by Chief Economic Adviser CEA V Anantha Nageswaran besides other economists and senior officers from the Department of Economic Affairs DEAâUnion Minister for Finance and Corporate Affairs nsitharaman chairs the first PreBudget Consultation with leading economists in connection with the upcoming Union Budget 202627 in New Delhi todayâ said an X post from the Ministry of FinanceâThe meeting was also attended by Secretary Department of Economic Affairs DEA FinMinIndia and Chief Economic Adviser Government of India besides senior officers from the DEAâ the ministry addedShe also chaired a prebudget consultation with stakeholders from micro small and medium enterprises MSMEsUnion Minister for Finance and Corporate Affairs nsitharaman chairs the third PreBudget Consultation with the stakeholders from Micro Small and Medium Enterprises MSMEs in connection with the forthcoming Union Budget 202627 in New Delhi today the Ministry said in an X postUnion Minister of State for Finance Pankaj Chaudhary and senior officials from the Ministry of Micro Small and Medium Enterprises were also present during the meeting IANS https://dailyworld.in/science/finance-minister-to-continue-pre-budget-consultations-with-industry-stakeholders-this-week-648919.html Sun, 16 Nov 2025 17:40:00 +0530 https://dailyworld.in/science/army-engineers-build-indigenous-mono-rail-system-at-16-000-ft-to-keep-kameng-frontier-supplied-648725.html New Delhi Nov 14 In a major breakthrough for highaltitude military logistics the Indian Armyâs Gajraj Corps has indigenously developed and operationalised a High Altitude Mono Rail System at an elevation of nearly 16000 feet in Arunachal Pradeshs Kameng sector one of the most inhospitable and weatherprone frontiers along the Line of Actual Control LAC The Kameng Himalayas are notorious for their sheer barren cliffs subzero temperatures violent weather swings and a rugged landscape that routinely disrupts supply lines Forward posts often remain cut off for days under heavy snow while traditional transport methods struggle in the extreme terrainEnsuring the uninterrupted movement of essential stores ammunition and equipment has remained a persistent operational challengeResponding to this pressing requirement the Gajraj Corps conceptualised engineered and deployed an indigenous mono rail system capable of carrying more than 300 kg of load in a single tripDesigned to function roundtheclock the system can operate day or night in hail storm or whiteout conditions ensuring that missioncritical supplies including rations fuel engineering equipment and heavier loads reach troops without delayIt enables reliable movement of missioncritical stores ammunition rations fuel engineering equipment and other heavy or awkward loads that are otherwise difficult to ferry across steep gradients and unstable surfaces This transportation facility is fully operation worthy to be used day or night with or without escort during hail or storm irrespective of the weather conditions a defence official saidIts robust weatheragnostic design allows movement over steep gradients and unstable surfaces where mules vehicles and even porters face significant riskBeyond its logistical advantages the monorail system has also demonstrated potential for rapid casualty evacuationIn several stretches where helicopters cannot land or fly safely and where manual evacuation is slow and perilous the new system offers an efficient and safer alternative to move injured personnelThe development underlines the militaryâs continued efforts to innovate and excel in extreme environments ensuring troops deployed along challenging frontiers remain fully supported and missionready IANS https://dailyworld.in/science/army-engineers-build-indigenous-mono-rail-system-at-16-000-ft-to-keep-kameng-frontier-supplied-648725.html Sat, 15 Nov 2025 00:42:00 +0530 https://dailyworld.in/science/ethiopia-reports-9-cases-of-marburg-virus-disease-in-first-ever-outbreak-who-648757.html New Delhi Nov 15 Ethiopia has reported the firstever outbreak of Marburg virus disease a rare and deadly viral haemorrhagic fever with lab reports confirming nine cases said the World Health Organization WHO The disease caused by the Marburg virus is from the same family of viruses that cause Ebola virus disease It has a case fatality ratio of up to 88 per cent and has no antiviral treatment or vaccineIt is transmitted to humans from fruit bats and spreads among people through direct contact with the bodily fluids of infected individuals or contaminated materialsThe symptoms include high fever severe headache muscle aches and fatigue and many patients develop severe bleeding within a week of onsetâEthiopiaâs Ministry of Health has confirmed an outbreak of Marburg virus disease in the South Ethiopia Region the first of its kind in the country following laboratory testing of samples from a cluster of suspected cases of viral haemorrhagic feverâ the WHO saidâA total of nine cases have been reported in the outbreak that has affected Jinka town in the South Ethiopia Regionâ it addedMarburg and Ebola viruses are the two members of the Filoviridae family filovirus Though caused by different viruses the two diseases are clinically similarBoth diseases are rare and have the capacity to cause dramatic outbreaks with high fatality ratesRousettus aegypti fruit bats of the Pteropodidae family are considered to be natural hosts of Marburg virusAs per genetic analysis the Marburg virus in Ethiopia is of the same strain as the one that has been reported in previous outbreaks in other countries in East AfricaSporadic cases of the disease have been previously reported in Angola Congo Ghana Kenya Equatorial Guinea Rwanda South Africa Tanzania and UgandaRousettus aegypti fruit bats of the Pteropodidae family are considered to be natural hosts of Marburg virusThe WHO reported that the national authorities are scaling up response including communitywide screening isolation of cases treatment contact tracing and public awareness campaigns to curb the spread of the Marburg virusThe WHO and partners are also supporting the government as it intensifies its response to halt the spread of the virus and end the outbreakA team of responders with expertise in viral haemorrhagic fever outbreak response has been deployed along with medical supplies and equipmentCurrently there is no licensed therapeutic or vaccine for effective management or prevention of Marburg virus diseaseEarly access to supportive treatment and care rehydration with oral or intravenous fluids and treatment of specific symptoms improve survival said the WHO IANS https://dailyworld.in/science/ethiopia-reports-9-cases-of-marburg-virus-disease-in-first-ever-outbreak-who-648757.html Sat, 15 Nov 2025 11:11:00 +0530 https://dailyworld.in/science/electronics-development-fund-invests-rs-258-crore-in-tech-startups-23-600-jobs-created-648769.html New Delhi Nov 15 The Electronics Development Fund EDF has invested Rs 25777 crore in eight Daughter Funds which have supported tech startups and created over 23600 jobs in India the government said on Saturday The Daughter funds supported by EDF have deployed Rs 133577 crore across 128 startups and ventures which have created or acquired 368 intellectual properties IPs according to an official statementEDF generally maintains a minority participation in each Daughter Fund encouraging greater private investment and professional fund managementThe supported startups operate in frontier areas such as Internet of Things IoT Robotics Drones Autonomous Vehicles HealthTech Cyber Security and Artificial Intelligence and Machine Learning positioning India as a hub for advanced technological innovationOut of the 128 supported startups Daughter Funds have exited from 37 investments from which it has generated returns of Rs 17388 croreBy enabling access to risk capital EDF has supported startups working on advanced technologies and contributed to expanding domestic design and intellectual property creation the government saidThese Daughter Funds in turn provided risk capital to startups and companies developing new technologies Investment Managers of Daughter Funds are given flexibility and autonomy to raise corpus make investments and monitor portfolio performanceTo foster research and development in electronics nanoelectronics and information technology by supporting marketdriven and industryled innovationLaunched on February 15 2016 EDF aims to promote research development and entrepreneurship in the fields of electronics nanoelectronics and information technologyThe fund focuses on enhancing Indiaâs capacity for indigenous design and development in the Electronics System Design and Manufacturing ESDM sectorEDF also aims to enable the acquisition of foreign technologies and companies where such products are imported in large volumes promoting selfreliance and reducing import dependence IANS https://dailyworld.in/science/electronics-development-fund-invests-rs-258-crore-in-tech-startups-23-600-jobs-created-648769.html Sat, 15 Nov 2025 12:15:00 +0530 https://dailyworld.in/science/centre-launches10-new-amritpharmacies-648796.html New Delhi Nov 15 The Union government on Saturday launched 10 new AMRIT Affordable Medicines and Reliable Implants for Treatment pharmacies to increase access to affordable medicines and strengthen healthcare in the country Union Health Minister JP Nadda launched the pharmacies at an event held in the national capital to mark the 10th anniversary of the programmeâLaunched in 2015 the AMRIT network has grown to over 255 outlets across 24 States and four Union Territoriesâ said Nadda while expressing happiness for the decade of AMRITâs transformative journey in making quality medicines affordable and accessible across the countryThe new centres will begin operations at PGI Neuroscience Centre in Chandigarh GMCH UnitII in Jammu State Cancer Institute in Jammu AIIMS Deogarh Dental Hospital Srinagar SCTIMST in Trivandrum Mumbai Port Trust IIT Jodhpur AIIMS Gorakhpur and AIIMS Kalyani Unit 3âIn 2014 the government launched AMRIT and Jan Aushadi Centres with an aim to provide accessible affordable and equitable healthcare facilities to all people in the countryâ Nadda saidâThese centres are taking care of essential medicines along with those ranging from oncology to cardiac care to orthopaedic care and specialised interventions for both medicines and medical devicesâ he addedThese outlets provide essential medicines lifesaving drugs and medical devices at significantly reduced prices often up to 50 per cent less than the maximum retail price MRPThe Minister said the â50 per cent discount offered on branded medicines covering oncology cardiology orthopaedics and endocrinology at AMRIT without compromising on quality is commendableâMore than 6500 drugs and medical products are available through the network benefitting more than 685 crore patients across the countrySo far over 17000 crore medicines have been dispensed through these outlets Cumulative patient savings can amount to more than Rs 8500 croreâ he addedAMRIT pharmacies are present on all AIIMS campuses and other institutes of national importance across the countryNadda also urged HLL Lifecare Limited HLL a public sector enterprise under the Ministry of Health and Family Welfare âto double the number of AMRIT outlets to âat least 500ââAll private government medical colleges and District Hospitals must have AMRIT It must expand at a rapid rateâ he said and called for raising awareness on AMRITAt the event Nadda also launched the upgraded Ecogreen 20 digital platform and released a Customised My Stamp with India Post IANS https://dailyworld.in/science/centre-launches10-new-amritpharmacies-648796.html Sat, 15 Nov 2025 14:50:00 +0530 https://dailyworld.in/science/gold-breaks-weekly-losing-streak-but-falls-after-us-govt-shutdown-ends-648799.html New Delhi Nov 15 The price of 24carat gold 10 grams surged by Rs 4694 over the week supported by safe haven buying and decline in dollar but fell from weekly high on Friday after the end of US government shutdown The price of 10 grams of 24carat gold closed the week at Rs 124794 down from Rs 120100 last week according to data published by the India Bullion and Jewellers Association IBJAThe domestic gold prices witnessed one of its sharpest intraday falls by nearly Rs 5000 per 10 gram on Friday to hit the days low of Rs 121895 but gained later in the dayThe yellow metal prices mirrored the softer trend in international markets where they were down by 127 per troy ounce as traders reacted to fading expectations of a nearterm US Federal Reserve rate cutInternational bullion remained around 4000 for the week after US Federal Reserve Chair Jerome Powells hawkish remarks fading hopes of rate cutsMarket expectations for another cut in December slipped from around 90 per cent to near 60 per cent pressuring bullion while the dollar index held close to 100 and USDINR climbed toward 89Analysts said that precious metals were poised for their strongest weekly performance in a month driven by uncertainty from missing US economic data which has increased safehaven demandThe yellow metal however declined on Friday after the end of the US government shutdown which in turn faded concerns about economic disruptionAnalysts said that gold has support at Rs 125750124980 zones while resistance at Rs 127750128400 Silver has support at Rs 160950159400 while resistance at Rs 163850164900They forecast the current softness in bullion to continue in the near term until there is a renewed surge in safe haven buying or a clear shift in the Federal Reserveâs policy tone IANS https://dailyworld.in/science/gold-breaks-weekly-losing-streak-but-falls-after-us-govt-shutdown-ends-648799.html Sat, 15 Nov 2025 15:13:00 +0530 https://dailyworld.in/science/indian-media-and-entertainment-sector-projected-to-cross-100-billion-by2030-648828.html New Delhi Nov 15 The countryâs media and entertainment sector is projected to cross 100 billion by 2030 said the government on Saturday The sector which has emerged as one of the countryâs fastestgrowing industries is powered by digital innovation youthdriven demand and a surge in creative entrepreneurshipâRecognised by the government as a highpotential segment within the services economy the sector is projected to grow at a compound annual rate of about 7 per cent reaching approximately Rs 3067 billion by 2027 The national outlook envisions this ecosystem scaling up to 100 billion by 2030 signalling a decisive shift from a contentconsuming nation to a global creator and exporter of intellectual propertyâ said the government in an official statementWith its gross valueadded share steadily increasing over the last decade the sector contributes significantly to value addition and job creationThe country offers a 40 to 60 per cent cost advantage in animation and VFX services supported by a large skilled workforceâThis comparative edge has attracted a steady inflow of international projects and positioned India as a preferred destination for global postproduction workâ the statement saidFurther Indian stories are building emotional and cultural connections across continents with nearly 25 per cent of total viewership for Indian OTT content originating from overseas audiencesThe government noted that the formal recognition of the Animation Visual Effects Gaming Comics and Extended Reality AVGC XR sector is a key factor behind the creative resurgenceIn the AVGC XR sector technology storytelling and innovation converge defining the next chapter of the countrys media and entertainment growth the statement saidIndiaâs AVGC XR sector is entering a phase of strategic growth marked by innovation skill development and policy convergence The focus ahead lies in transforming the creative economy into a global powerhouse driven by indigenous talent technological advancement and creative entrepreneurship the statement said IANS https://dailyworld.in/science/indian-media-and-entertainment-sector-projected-to-cross-100-billion-by2030-648828.html Sat, 15 Nov 2025 23:53:00 +0530 https://dailyworld.in/science/sensex-nifty-open-lower-amid-negative-global-cues-648479.html Mumbai Nov 14 The Indian benchmark indices opened in the red zone on Friday amid negative global cues due to fading hopes of US Fed rate cut and persistent selling by foreign institutional investors FIIs as counting went underway for Bihar poll results As of 925 am the Sensex declined 292 points or 035 per cent to 84185 and the Nifty dipped 85 points or 033 per cent to 25794The broadcap indices performed in contrast to the benchmarks with the Nifty Midcap 100 up 027 per cent and the Nifty Smallcap 100 advanced 015 per centSectoral indices on NSE were trading mixed with FMCG down 028 per cent IT down 094 per cent Auto down 035 per cent and Metal down 054 per cent being the main laggards Nifty Media was the standout gainer up 072 per centAnalysts said that the reaction to Bihar election results will be only temporary though it will dominate the market today The markets medium to longterm trend will depend on fundamentals especially earnings growth On this front there is room for optimism as indicated by prospects of robust GDP growth and improving earnings growth they addedAnalysts placed immediate resistance for Nifty at 25950 followed by 26000 and support at 25700 and 25750 zonesAsiaPacific markets dropped in early trading sessions tracking losses on Wall Street as technology stocks continued their decline and hopes of Fed rate cuts dwindledThe US markets ended in the red zone overnight as Nasdaq continued its decline slipping 229 per cent the SampP 500 dropped 166 per cent and the Dow lost 165 per centIn Asian markets Chinas Shanghai index dipped 1 per cent and Shenzhen dipped 109 per cent Japans Nikkei dipped 165 per cent while Hong Kongs Hang Seng Index declined 1 per cent South Koreas Kospi dipped 2 per centOn Thursday foreign institutional investors FIIs sold equities worth Rs 384 crore while domestic institutional investors DIIs were net buyers of equities worth Rs 3092 crore IANS https://dailyworld.in/science/sensex-nifty-open-lower-amid-negative-global-cues-648479.html Fri, 14 Nov 2025 14:10:00 +0530 https://dailyworld.in/science/anil-ambani-skips-appearing-before-ed-for-questioning-648486.html New Delhi Nov 14 Reliance ADAG Group Chairman Anil D Ambani has skipped the Enforcement Directorate ED summon to appear before it at the Delhi headquarters for the second round of questioning on Friday offering to appear by virtual means only In a statement on behalf of Anil Ambani the company said he will fully cooperate with ED on all matters and is willing to appear by virtual meansAccording to ED sources they have not received any such communication from Anil Ambani or his company so farThe statement on behalf of Anil Ambani said that âED summons to Anil D Ambani relate to a FEMA inquiry and not to any matter under the PMLAâAnil D Ambani is not a member of the Board of Reliance Infrastructure He served the company for about fifteen years from April 2007 to March 2022 only as a nonexecutive director and was never involved in daytoday management of the companyâ the statement addedThe Enforcement Directorate ED had summoned Anil Ambani again on November 14 for questioning in the money laundering case against the conglomerate He faced a gruelling around ninehour interrogation regarding an alleged Rs 17000crore loan fraud case at ED headquarters in AugustThe development comes close on the heels of ED provisionally attaching over 132 acres of land worth Rs 446281 crores in Dhirubhai Ambani Knowledge City at Navi Mumbai on Monday under the provisions of Prevention of Money Laundering ActED had earlier attached 42 properties worth over Rs 3083 crores in the bank fraud cases of Reliance Communications Ltd RCOM Reliance Commercial Finance Ltd and Reliance Home Finance LtdâThe total attachment in these cases stands at over Rs7545 crores ED is actively pursuing perpetrators of financial crime and is committed to restituting the proceeds of crime to their rightful claimantsâ the statement saidED had initiated investigation based on CBIâs FIR under sections 120B 406 and 420 of the Indian Penal Code 1860 and section 132 read with section 131d of the Prevention of Corruption Act 1989 against RCOM Anil Ambani and others IANS https://dailyworld.in/science/anil-ambani-skips-appearing-before-ed-for-questioning-648486.html Fri, 14 Nov 2025 14:19:00 +0530 https://dailyworld.in/science/da-hikes-wont-be-withdrawn-for-retired-employees-govt-dismisses-fake-post-648494.html Mumbai Nov 14 The government has dismissed a viral social media message that claimed retired government employees would stop receiving dearness allowance DA hikes and future pay commission benefits under the Finance Act 2025 The claim is fake Rule 37 of the CCS Pension Rules 2021 has been amended to state that if an absorbed PSU employee is dismissed for misconduct their retirement benefits will be forfeited the government said in a social media post on X platformThe recent amendment only related to a narrow group under the CCS Pension Rules 2021 where Rule 3729C was amended after consultation with the Department of Pension and Pensionersâ Welfare and the Ministry of FinanceThe amendment applies to former government employees who were absorbed into a PSU whose retirement benefits will be forfeited only if the employee is later dismissed or removed from the PSU for misconductThe governments fact checking arm noted on social media that the viral message falsely claimed Finance Act 2025 overriding a 1982 Supreme Court judgementThe clarification follows the Centres approval of the Terms of Reference for the 8th Pay Commission which has an 18âmonth timeline to submit its reportThe National CouncilJoint Consultative Machinery NCJCM representing central government employees had proposed that the 8th Pay commission should calculate the minimum wage based on a fiveunit family model including ageing parents instead of the current model which accounts for only three family membersCurrently under the 7th Pay Commission the earning husband of the family is counted as one unit wife as 08 unit and two children as 06 units eachNCJCM expects this model to be revamped arguing that taking care of parents apart from being an ethical duty is also a legal responsibility as per Indian law IANS https://dailyworld.in/science/da-hikes-wont-be-withdrawn-for-retired-employees-govt-dismisses-fake-post-648494.html Fri, 14 Nov 2025 14:26:00 +0530 https://dailyworld.in/science/india-canada-agree-to-continue-trade-engagements-early-next-year-648505.html New Delhi Nov 14 India and Canada have agreed to hold sustained ministerial engagements with the trade and investment community in both countries early next year an official statement said on Friday The agreement was made at the âMinisterial Dialogue on Trade and Investmentâ between Union Minister for Commerce and Industry Piyush Goyal and Canadaâs Minister of Export Promotion International Trade and Economic Development Maninder SidhuSidhus fourday visit in India ended on Friday with the ministers emphasising continued engagement with the private sector to unlock new opportunities for trade and investmentFurther they reaffirmed the strength and continuity of the IndiaâCanada economic partnershipThe ministers noted that bilateral trade in goods and services reached 2366 billion in 2024 with merchandise trade value touching 898 billion up 10 per cent onyearThey agreed to encourage longâterm supplyâchain partnerships in critical minerals and clean energy collaboration to support the energy transitionFurther they agreed to expand investment and trading opportunities in aerospace and dualuse capabilities partnerships to identify investment and trading opportunities in aerospace and dualâuse capabilities leveraging the growth of Indiaâs aviation sectorThey also highlighted the need for strengthening resilience in critical sectors including agriculture and highlighted the need for diversified and reliable supply chainsThe ministers welcomed the steady expansion of twoway investment flows including notable Canadian institutional investment in India and the growing presence of Indian firms in Canada which together support tens of thousands of jobs the statement notedThe ministerial trade meeting followed the direction provided by Foreign Ministers of the two countries during their bilateral meeting on the sidelines of the G7 meeting in Kananaskis CanadaExternal Affairs Minister EAM S Jaishankar and his Canadian counterpart Anita Anand held discussions on strengthening cooperation across key sectors including trade energy and security Both leaders met on the sidelines of the G7 Foreign Ministers Meeting in Niagara IANS https://dailyworld.in/science/india-canada-agree-to-continue-trade-engagements-early-next-year-648505.html Fri, 14 Nov 2025 14:56:00 +0530 https://dailyworld.in/science/indias-retail-sector-leasing-surges-65-pc-to-32-million-sq-ft-in-july-sep-648524.html New Delhi Nov 14 Indiaâs retail sector saw robust demand in Q3 2025 with gross leasing of 32 million square feet across the top seven cities a 65 per cent yearâonâyear growth a report said on Friday On a quarteronquarter QoQ basis the Q3 gross leasing volume reflects a 22 per cent growth the report from commercial real estate firm JLL India saidDelhiNCR led accounted for 35 per cent of Q3 leasing driven largely by two newly constructed mallsFurther Indias leasing during the quarter helped lift its nineâmonth gross leasing to 89 million square feet which is 110 per cent of 2024âs fullâyear totalWith a total new supply infusion of 15 million sq ft in Delhi NCR and Hyderabad retailers that were waiting for expanding footprint due to supply constraints in the past were finally able to move ahead with new store openings in key micro marketsHyderabad followed Delhi accounting for 12 per cent of Q3 leasing while Mumbai and Bengaluru logged 06 million and 04 million square feet of retail space takeâupDuring the JulySeptember quarter fashion and apparel accounted for 35 per cent of leasing followed by food and beverage at 16 per cent The daily needs and grocery accounted for 11 per cent of leasing the release saidâQ3 saw heightened demand from daily needs and grocery retailers who typically require substantial space allocations and frequently serve as anchor tenants in premium retail developments said Dr Samantak Das Chief Economist and Head of Research amp REIS India JLLDirecttoconsumer D2C brands have been making significant investments in their clickandmortar strategies progressively expanding their physical store presence in fashion and apparel jewellery cosmetics and wellness categories the release notedLooking ahead D2C brands are positioned to capture an increasingly larger portion of the overall gross leasing activity Das said IANS https://dailyworld.in/science/indias-retail-sector-leasing-surges-65-pc-to-32-million-sq-ft-in-july-sep-648524.html Fri, 14 Nov 2025 15:16:00 +0530 https://dailyworld.in/science/indias-export-strategy-must-go-beyond-volume-expansion-to-generate-high-quality-jobs-experts-648604.html New Delhi Nov 14 Indiaâs export strategy must go beyond volume expansion to generate highquality jobs embed environmental responsibility and promote inclusivity Shishir Priyadarshi President of Chintan Research Foundation CRF said on Friday Speaking at an event here he said that the test of Indias strategy will not be how fast we grow but how sustainably we grow and who benefits from that growthIndiaâs total exports reached a record 8249 billion in FY 2024â25 including 3875 billion in services exports underscoring the countryâs growing trade influenceHowever sustaining this momentum will require greater focus on product diversification value addition and improved ease of doing business for exportersAlso India needs to realign its trade strategy to make exports the driving force of sustainable and inclusive growth CRF said in a statementIndustry leaders at the event said that strengthening labourintensive exports improving logistics efficiency and leveraging Free Trade Agreements FTAs were identified as crucial to achieving Indiaâs longterm growth ambitions and securing a greater share of global value chainsâThe productivity should be focused on technology which when harnessed with the skills can produce modern age jewellery making India the global leader in jewellery manufacturingâ observed Sabyasachi Ray Executive Director Gem and Jewellery Export Promotion Council GJEPCAddressing the same event he emphasised the need to strengthen Indiaâs labourintensive sectors such as gems and jewellery textiles and apparel which have strong employment potential and are critical to inclusive growthWhile India has signed multiple FTAs with key partners including the UAE Australia and the EU their benefits can only be realised through improved trade facilitation logistics reforms and targeted support for exportersFaster policy execution and streamlined customs processes to reduce transaction costs too are key to production Logistics modernisation and capital efficiency are key to lowering export costs and strengthening resilienceIndiaâs logistics costs need to be at par with those of competing economies making the implementation of the PM Gati Shakti programme and the National Logistics Policy NLP essentialEvery percentage point saved in logistics adds billions to export competitiveness Export competitiveness cannot be achieved in isolation It requires coordinated reforms in finance infrastructure education and sustainability standardsDeepak Bagla Mission Director Atal Innovation Mission NITI Aayog pointed out the growing synergy between innovation and tradeâExportled growth today is about exporting intelligence not just goods From services to semiconductors Indiaâs future lies in combining innovation with execution efficiencyâ he notedThe panellists concluded that Indiaâs economic future depends on converting its domestic strengths into global advantage IANS https://dailyworld.in/science/indias-export-strategy-must-go-beyond-volume-expansion-to-generate-high-quality-jobs-experts-648604.html Fri, 14 Nov 2025 16:40:00 +0530 https://dailyworld.in/science/stock-market-ends-on-positive-note-over-ndas-huge-victory-in-bihar-polls-648620.html Mumbai Nov 14 Indian equity indices recovered from early losses to end the session on a positive note on Friday as the National Democratic Alliance NDA headed towards a landslide win in the Bihar elections The key indices remained volatile throughout the session as counting for votes for Bihars Assembly election continuesSensex settled at 8456278 up 8411 points or 010 per cent The share index started the session at 8406014 falling over 400 points against last days closing of 8447867 amid caution ahead of Bihar election results However the index jumped over 550 points from the days low to close in greenNifty closed at 2591005 up 3090 points or 012 per centIndian markets today witnessed a rollercoaster session with the benchmark index Nifty showing sharp twosided moves In the first half Nifty surged and tested the crucial 26000 level before facing resistance and slipping lower later in the day Ashika Institutional Equities said in its noteVolatility remained elevated as investors stayed cautious ahead of Bihar election results which hold significant political importanceTata Motors Eternal Axis Bank BEL Trent SBI Sun Pharma Bajaj Finance Adani Airports Hindustan Unilever Asian Paints ITC and NTPC were the top gainers from the Sensex basket Infosys Tata Steel Tata Motors PV ICICI Bank Maruti Suzuki and Tech Mahindra ended the session lowerSectoral indices experienced a mixed approach with selling in the IT and auto sectors and buying in the FMCG banking and finance stocks Nifty Bank rose 135 points or 023 per cent Nifty Fin Services jumped 95 points or 035 per cent and Nifty FMCG closed 317 points or 057 per cent higher While Nifty IT slipped 378 points or 103 per cent and Nifty Auto fell 143 points or 052 per centBroader market followed suit as well with Nifty Midcap 100 closed flat Nifty Small Cap 100 rose 68 points or 038 per cent and Nifty 100 ended the session slightly upRupee traded in a narrow range near 8870 as the dollar index remained flat around 9920 offering limited directional cuesWith no major US data releases due to the recent shutdown the market stayed largely dependent on flows where mixed FII activity and consistent DII buying kept the rupee in a confined band Crude prices have begun to rebound and if WTI sustains above 60 it may add fresh pressure on the rupee in the coming sessions Overall the rupee is expected to remain rangebound with levels seen between 8845â8895 said Jateen Trivedi of LKP Securities IANS https://dailyworld.in/science/stock-market-ends-on-positive-note-over-ndas-huge-victory-in-bihar-polls-648620.html Fri, 14 Nov 2025 17:20:00 +0530 https://dailyworld.in/science/wpi-inflation-to-remain-range-bound-in-near-term-analysts-648623.html New Delhi Nov 14 After Indias WPI data for October showed deflation industry bodies on Friday forecast WPI inflation to remain rangebound mainly due to benign international crude oil prices We expect WPI inflation to remain rangebound due to benign international crude oil prices comfortable buffer stocks of foodgrains and healthy kharif harvest said Dr Ranjeet Mehta CEO amp Secretary General PHD Chamber of Commerce and Industry PHDCCIStateowned Bank of Baroda forecasted that international commodity prices and oil prices may see some inching up if there is a revival in demand seen following the reopening of the US government after a 43daylong shutdownHigher than expected surplus in global supplies may also exert downward pressure on oil prices going forward the bank said adding that it may exert upward pressure on fuel inflation in the coming monthsThe Wholesale Price Inflation WPI fell into deflation territory at 1 21 per cent in October driven by a drop in prices of food fuel and manufactured items government data showed on FridayWPIbased inflation was 01 per cent in September and 28 per cent in October 2024The drop was primarily due to a decrease in prices of food articles crude petroleum and natural gas electricity mineral oils and the manufacture of basic metals among others PHDCCI President Rajeev Juneja saidCore WPI inflation â excluding food fuel and power â inched up to 15 per cent from 03 per cent a year earlier reflecting higher basic metal and aluminium prices even as items such as computers motor vehicles and food and beverages softened possibly after GST rate cutsCore inflation also inched higher to 15 per cent in October from 03 per cent in the previous year Within food vegetables fruits and spices helped drag the index down while protein eggs meat and fish and milk inflation increased the bank noted IANS https://dailyworld.in/science/wpi-inflation-to-remain-range-bound-in-near-term-analysts-648623.html Fri, 14 Nov 2025 17:23:00 +0530 https://dailyworld.in/science/govt-advancing-key-initiatives-aimed-at-achieving-national-health-goals-648627.html New Delhi Nov 14 The government is advancing several key initiatives aimed at achieving national health goals and aligning with the Sustainable Development Goals SDGs a senior official said on Friday Union Health Secretary Punya Salila Srivastava inaugurated the ministryâs Health Pavilion at the 44th India International Trade Fair IITF at Bharat Mandapam here encouraging visitors to explore it to enhance public awarenessâThe pavilion offers insights into Indiaâs health system and a range of ongoing programmes Several services including CPR awareness sessions and anaemia testing are being provided I urge everyone to visit and make full use of these facilitiesâ she addedâThe Swasth Nari Sashakt Parivar Abhiyan recently launched aims to reach 11 crore people Alongside this initiatives such as the Tobacco Control for Youth Programme the TB Mukt Bharat Abhiyan and the national campaign for organ donation are progressing simultaneouslyâ Srivastava notedThis yearâs pavilion highlights the Ministryâs central role in shaping health policies and delivering comprehensive healthcare services to build a healthier and stronger nationThe Ministry is participating in the India International Trade Fair IITF2025 organised by the India Trade Promotion Organisation ITPO at Bharat Mandapam New DelhiThe Health Pavilion features a total of 37 stalls These exhibitions will showcase the Ministrys various schemes and achievementsA key highlight will be the recent achievement of three Guinness World Records titles under the nationwide campaign âSwasth Nari Sashakt Parivar Abhiyaanâ SNSPA which demonstrates Indiaâs unwavering commitment to preventive and womencentric healthcareMass campaigns like the Swasth Nari Sashakt Parivar Abhiyaan Healthy Woman Empowered Family help to empower and transform the lives of women said Prime Minister Narendra Modi earlier this monthHe also lauded the creation of three Guinness World Records titles under the Swasth Nari Sashakt Parivar AbhiyaanâThis is very commendable Such mass movements add impetus to our women empowerment efforts and have a transformative impact on the lives of our Nari Shaktiâ the Prime Minister said in a post on social media platform X IANS https://dailyworld.in/science/govt-advancing-key-initiatives-aimed-at-achieving-national-health-goals-648627.html Fri, 14 Nov 2025 18:05:00 +0530 https://dailyworld.in/science/dlc-campaign-generates-over-1-crore-certificates-ministry-648697.html New Delhi Nov 14 The nationwide Digital Life Certificate campaign has generated over 1 crore certificates as of November 12 the government said on Friday The campaign running from November 1 to November 30 across 2000 cities and towns covering 2540 locations across the country has conducted 35000 DLC camps by November 12 an official statement saidAs many as 75000 additional camps will be organised by November 30 to ensure nationwide saturation the Ministry of Personnel Public Grievances amp Pensions saidOf the one crore DLCs issued so far 58 per cent of them or 5913073 certificates were generated through face authentication and 7 lakh DLCs were issued to pensioners aged 80 years and aboveThis has brought significant ease and dignity to elderly sick and incapacitated pensioners the ministry saidThe face authentication technique can be carried out easily through smartphones anytime anywhere enabling easy DLC submission by pensioners and is particularly useful for aged and sick pensioners who do not have to visit any bank or pension disbursing authorityUnion Minister of State Independent Charge for PersonnelDoPTDARPG Dr Jitendra Singh said this milestone reflects the Prime Ministerâs vision of Digital Empowerment of PensionersThe minister said that the government converted a longstanding challenge into an opportunity by adopting biometric and face authentication technologies that eliminate the need for physical presenceAll major stakeholders including pension disbursing banks DoPPW CGDA railways DoT Department of Posts IPPB UIDAI NIC and pensionersâ welfare associations are collaborating in a wholeâofâgovernment approach to maximise outreach to remote areas the minister saidDLC 40 crossed the one crore milestone earlier than DLC 30 indicating rapid digital adoption among pensioners the release notedThe department is on track to achieve a two crore saturation target for 2025 with extensive field mobilisation it noted IANS https://dailyworld.in/science/dlc-campaign-generates-over-1-crore-certificates-ministry-648697.html Fri, 14 Nov 2025 20:58:00 +0530 https://dailyworld.in/science/lg-electronics-indias-q2-profit-falls-27-pc-to-rs-389-crore-648456.html New Delhi Nov 13 LG Electronics India on Thursday reported a 273 per cent yearonyear YoY decline in its profit after tax PAT to Rs 389 crore for the second quarter of the current fiscal Q2 FY26 The company had posted a PAT of Rs 536 crore in the same period last yearRevenue from operations jumped marginally 1 per cent to Rs 6174 crore in Q2FY26 compared to Rs 61138 crore in the corresponding quarter of the previous yearHowever the companyâs operating performance came under pressure with EBITDA falling 28 per cent YoY to Rs 547 crore while margins contracted by 350 basis points to 89 per centSegmentwise revenue from the home appliances and air solutions division slipped slightly to Rs 3948 crore whereas the home entertainment division registered an improvement to Rs 2226 crore during the quarterIndustrywide electronics and consumer goods companies in India faced softer demand through most of the quarter as buyers postponed purchases until late September when the GST rate reduction on several categories â including electronic products â came into effectManaging Director LG Electronics India Limited Hong Ju Jeon said H1 of 2026 presented some macroeconomic headwinds including a cool summer geopolitical challenges tariffs and forex fluctuations Despite this our team in India demonstrated resilient sales growth gaining market share and maintaining stable profitabilityThis performance underscores the strength of our operational execution and the deep trust consumers place in our brand This is a reflection of our strong fundamentals and reinforces our continued commitment to our India growth story he addedIt was LG Electronics Indiaâs first quarterly results since its blockbuster stock market debut on October 14 2025The companyâs shares had listed at a 50 per cent premium on the National Stock Exchange NSE at Rs 1710 per share against the IPO price of Rs 1140 and closed the day 48 per cent higher at Rs 16828The companyâs IPO which was open for subscription between October 7 and 9 this year had received an overwhelming response with a 5402 times oversubscription IANS https://dailyworld.in/science/lg-electronics-indias-q2-profit-falls-27-pc-to-rs-389-crore-648456.html Thu, 13 Nov 2025 22:14:00 +0530 https://dailyworld.in/science/cpi-inflation-drops-to-record-low-as-gst-rationalisation-takes-full-effect-economists-648265.html New Delhi Nov 12 Economists on Wednesday said the further softening of the CPI inflation for the month of October is owing to the governments prudent GST reforms which are showing a favourable impact on the economy The yearonyear inflation rate based on All India Consumer Price Index CPI for the month of October stood at 025 per cent provisionalâThe recordlow food inflation of the current CPI series at 502 per cent provisional is the major contributor to lowest headline inflation of the current CPI seriesâ said Rajeev Juneja President PHDCCITo further bolster the impact of this period of low inflation thrust should be laid on building infrastructure and logistics projects strengthening agriculture supply chains to avoid food price spikes and prioritizing technologydriven productivity gains in manufacturing and services he addedAccording to Dr Ranjeet Mehta CEO and Secretary General PHDCCI over the next two quarters âwe anticipate that Indias inflation will stay within a manageable range on the back of sufficient food supply reasonable energy prices and Reserve Bank of Indias strategic monetary managementâAccording to Rajani Sinha Chief Economist CareEdge Ratings the CPI inflation continued to stay on a downward trajectory easing to 03 per cent in October which is in line with our expectationsâThe positive impact of the GST rationalisation and deflation in the food and beverages category supported the lower inflation print Deflation in the food basket deepened further to 37 per cent in October from 14 per cent last monthâ said SinhaOverall economists expect food inflation to stay at moderate levels on the back of healthy agricultural activity and a favourable baseFurthermore adequate reservoir levels and strong kharif sowing bode well for food price stabilityâGoing forward inflation is projected to average 09 per cent in Q3 before rising to 31 per cent in Q4 FY26 With food inflation subdued we project average inflation for FY26 at 21 per centâ Sinha notedAditi Nayar Chief Economist ICRA Ltd said that the RBI MPC is likely to pare its CPI inflation projection for FY2026 further from 26 per cent as mentioned in October 2025 meeting driven by the soft sequential momentum in food prices as well as the impact of the GST rate rationalisation on several items in the CPI basketâThis along with the dovish tone of the October 2025 policy document would support a 25bps rate cut in the December 2025 policy review unless Q2 FY26 GDP growth surprises on the upsideâ Nayar mentioned IANS https://dailyworld.in/science/cpi-inflation-drops-to-record-low-as-gst-rationalisation-takes-full-effect-economists-648265.html Thu, 13 Nov 2025 00:14:00 +0530 https://dailyworld.in/science/black-box-reports-strong-performance-in-q2-fy26-revenue-grew-by-rs-198-crore-648267.html Mumbai Nov 12 Black Box Limited Essarâs technology arm and a leading provider of digital infrastructure solutions announced its unaudited financial results for the quarter and half year ended September 30 The Company delivered a resilient performance with strong quarteronquarter improvements across revenue operating profit and net profitability With its transformation program now largely stabilised and a more focused gotomarket architecture in place the Company is shifting decisively toward sustained revenue acceleration and a higherquality business mix through FY26Backed by robust order wins a growing backlog strong execution deepening client relationships and a healthy pipeline the Company is firmly on a growth trajectory and remains confident of delivering a strong second halfRevenue for Q2 FY26 stood at Rs 1585 crore from Rs 1387 crore in Q1 FY26 witnessing a growth of 14 per cent quarteronquarter and 6 per cent yearonyearThe strong revenue performance reflects a sharp rebound as tariff conditions normalized and earlier project execution delays from Q1 were cleared bringing the business back to its expected runrate heading into the second half of the yearH2 FY26 is expected to outperform H1 supported by a growing order book improving pipeline visibility and stronger execution momentum across regionsEBITDA and EBITDA Margin per centEBITDA for the quarter stood at Rs 143 crore up from Rs 116 crore in Q1 FY26 representing a growth of 23 per cent quarteronquarter and 6 per cent yearonyear EBITDA margins improved by 60 basis points on a sequential basis to 9 per cent in Q2 FY26 compared to 84 per cent in Q1 FY26The improvement was primarily driven by higher revenue throughput better fixedcost absorption and a balanced business mix With ongoing operational efficiency and cost optimization initiatives there remains further potential for incremental margin expansion as strategic priorities continue to be executed through H2Profit after Tax PATProfit after Tax PAT stood at Rs 56 crore up from Rs 47 crore a growth of 17 per cent quarteronquarter and 9 per cent yearonyear reflecting strong operating leverage and improved profitability in the core portfolioAs revenue growth accelerates in H2 FY26 PAT expansion is expected to outpace topline growth driven by margin normalization improved revenue quality and greater contribution from highvalue opportunitiesBusiness and Operations HighlightsOrder momentum remained strong with the backlog at the end of Q2 FY26 at Rs 4846 crore US555 million up from Rs 4523 crore US518 million at the close of Q1 FY26 Order bookings during the quarter were robust at Rs 1906 crore US218 million showing an increase of US42 million from Rs 1536 crore US176 million in Q1 FY26Notable orders during the quarter included significant extensions from the companyâs existing largevalue clients for networking and connectivity from the companyâs largest global financial services customer and further engagement from our hyperscaler customer reinforcing Black Boxâs position as a trusted partner in complex highvalue digital infrastructure programsThe company received orders in the digital workplace from a USbased local county and a sizeable order from a health care institution Financial Services Healthcare and Data Center continued to contribute higher revenue across the verticals servedIn addition to these expansions the company secured new client wins across the education and municipal sectors in India reflecting the growing breadth of its market reach and the success of its gotomarket strategyPartnership with Wind RiverDuring the quarter Black Box entered into a strategic global partnership with Wind River an Aptiv company and a global leader in intelligent edge software to accelerate edge and cloud innovationAs part of this alliance Black Box secured Wind Riverâs solutions to sell globally with preferred partner status in India and the Middle East In addition the company entered into a separate agreement with Wind River to manage enduser customer engagements globally across multiple geographiesThe partnership is expected to drive approximately Rs 1350 crore in revenue over the next five years approximately US30 million annually further strengthening Black Boxâs position in advanced edge cloud and AIdriven solutionsSanjeev Verma Executive Director amp Chief Executive Officer Black Box said âQ2 FY26 has been a strong quarter with revenue up 14 per cent sequentially and broadbased growth across key markets Our transformation journey is driving sustained profitable momentum backed by a strong and diversified order book We are witnessing strong traction in highgrowth areas such as data centers and overall digital infrastructure across our operating markets and are scaling strategically to capture these opportunities With solid execution deep client partnerships and a healthy pipeline we remain confident of meeting our FY26 goalsâDeepak Bansal Chief Financial Officer Black Box added We delivered a revenue growth in Q2 on the back of good order backlog with EBITDA margins at 9 per cent Our financial performance reflects the benefits of operational discipline and the impact of our continued transformation efforts We are focusing on growing business with prudent capital deployment IANS https://dailyworld.in/science/black-box-reports-strong-performance-in-q2-fy26-revenue-grew-by-rs-198-crore-648267.html Thu, 13 Nov 2025 00:16:00 +0530 https://dailyworld.in/science/prakash-raj-appears-before-telangana-sit-in-betting-apps-case-648281.html Hyderabad Nov 12 Actor Prakash Raj on Wednesday appeared before the Special Investigation SIT in connection with the ongoing investigation into the alleged promotion of online betting apps The SIT officials recorded the statement of the actor at the CID officeAfter coming out of the CID office Prakash Raj told the media that he did a promotion for an app in 2016 thinking that it was a gaming app He said that after coming to know that it was a betting app he stopped the promotion He also recalled that betting was banned in 2017Betting apps are wrong They are destroying the lives of many youngsters he said Whether we do the ads knowingly or unknowingly itâs wrong I am sorry for that he addedActor Vijay Deverakonda had appeared before the SIT on Tuesday The officials recorded his statement on the remuneration and commissions taken from betting appsThe Telangana government formed the SIT in March to probe multiple cases involving online betting platformsThe questioning follows a series of arrests made by SIT in six locations in Punjab Gujarat and Rajasthan during the joint operation conducted by SIT in coordination with CID Eight illegal betting organisers were arrested during the operationPrakash Raj and Deverakonda were among 29 celebrities charged with promoting banned betting apps by the Enforcement Directorate ED in JulyAugustThe investigation is based on multiple FIRs filed across Telangana and Andhra Pradesh and covers a range of individuals including actors YouTubers and social media personalitiesThey were summoned by the agency under the provisions of the Prevention of Money Laundering Act PMLAAfter appearing before the ED on July 30 Prakash Raj had stated that the matter dated back to 2016 He claimed that he had not accepted moneyDeverakonda had maintained that he promoted only legal skillbased gaming apps and not unlawful betting platformsActors Rana Daggubati and Manchi Lakshmi had also appeared before the ED IANS https://dailyworld.in/science/prakash-raj-appears-before-telangana-sit-in-betting-apps-case-648281.html Thu, 13 Nov 2025 00:35:00 +0530 https://dailyworld.in/science/tn-to-procure-dgca-certified-agri-survey-drones-to-boost-farming-land-mapping-648312.html Chennai Nov 13 In a significant move to modernise farming practices and strengthen landsurvey operations the Tamil Nadu Unmanned Aerial Vehicles Corporation TNUAVC functioning under the Higher Education Department has begun the process to procure DGCAcertified agricultural drones and surveygrade drones A senior official from the department confirmed that both categories of drones have successfully undergone rigorous testing by the Directorate General of Civil Aviation DGCA meeting all safety performance and operational standardsâThe DGCA typecertification is mandatory for any drone intended for formal use It ensures safety compliance and also makes them eligible for government subsidies and institutional loansâ the official saidTNUAVC has floated tenders for both types of drones According to the official the lightweight agricultural drones constructed using durable carbon fibre are engineered to offer endtoend technological solutions for farmersThese drones will come with precise spray mechanisms customised nozzles and firm antiinterference antennas to ensure seamless field operations They are also equipped with intelligent safety features such as earlywarning alerts and automatic returntohome functionsâThe drones can accurately spray any pesticide depending on plant growth patterns and field density They are also easy to assemble and will be supplied with a flightcrash warrantyâ he addedThe state government plans to procure around 50 such agri drones Alongside these TNUAVC will also acquire survey drones developed for highly accurate aerial mapping of land and other required areasThese drones will be fitted with advanced imaging systems capable of capturing clear nonpixelated photographs and highquality video footage ensuring improved land records planning and monitoringThe official said the survey drones are built with strong datasecurity features that automatically block unrecognised users from accessing or receiving information They are also designed to operate in varied terrains and withstand extreme hot and cold temperatures keeping in mind Tamil Naduâs climatic variationsBy bringing in these advanced drone systems the state government aims to enhance precision agriculture streamline landsurvey operations and expand the use of modern technological tools in governance and development activities The procurement process is expected to move forward in the coming weeks after which the drones will be gradually deployed across different regions of Tamil Nadu IANS https://dailyworld.in/science/tn-to-procure-dgca-certified-agri-survey-drones-to-boost-farming-land-mapping-648312.html Thu, 13 Nov 2025 09:36:00 +0530 https://dailyworld.in/science/nine-in-10-indian-smbs-bet-on-ai-as-tier-2-cities-lead-adoption-report-648325.html New Delhi Nov 13 Nine in 10 Indian small and medium businesses SMBs are already investing in or planning AI adoption with 92 per cent of them expecting business growth in the next 12 months a report said on Thursday The report from career portal LinkedIn research commissioned by YouGov said that SMBs in some of the fastest growing cities in India led in AI adoption such as Chandigarh 100 per cent Jaipur 94 per cent and Ahmedabad 94 per centSMBs are not just hopeful but rebuilding around smarter systems skilled talent and trusted digital platforms the report mentionedThe survey of 1027 office holders in SMB and MSMEs across major Indian cities found 57 per cent view AI and automation as essential to stay competitive 54 per cent cite operational efficiency as key to protecting margins and 51 per cent mentioned digital transformation as critical to survivalNearly all surveyed businesses use AI to automate workflows 92 per cent and strengthen analytics 93 per cent while over 90 per cent use it to streamline hiring marketing and sales the report notedâIndian SMBs are reimagining how business is built using AI to drive efficiency skillsfirst hiring to build capability and trusted digital ecosystems to expand their market footprint said Kumaresh Pattabiraman Country Manager LinkedIn IndiaSMBs in Delhi 61 per cent and Pune 60 per cent lead AI adoption to manage costs while SMBs in Bengaluru 63 per cent focused on operational efficiency and those in Chennai 62 per cent concentrated on building a skilled talent pipelineHiring priorities across SMBs have shifted to digital literacy and AI fluency with 63 per cent of them prioritising it Problemâsolving 57 per cent and data analysis 50 per cent scored over traditional qualifications IANS https://dailyworld.in/science/nine-in-10-indian-smbs-bet-on-ai-as-tier-2-cities-lead-adoption-report-648325.html Thu, 13 Nov 2025 11:34:00 +0530 https://dailyworld.in/science/pli-scheme-for-white-goods-13-firms-commit-rs-1-914-crore-investment-in-4th-round-648329.html New Delhi Nov 13 Thirteen companies have filed applications with a net committed investment of Rs 1914 crore in the fourth round of the productionlinked incentive PLI scheme for White Goods Air Conditioners and LED Lights the government said on Thursday The application window was open from September 15 2025 to November 10 2025To date the PLI scheme for White Goods has attracted Rs 10335 crore of committed investment from 80 approved beneficiaries The Scheme is expected to generate production worth Rs 172 lakh crore and create around 60000 direct jobs across the countryIn the fourth round over 50 per cent of the new applicants are Micro Small and Medium Enterprises MSMEs reflecting the growing confidence of small and medium enterprises in joining the air conditioner and LED components manufacturing value chain according to an IT Ministry statementThe statement further said that among the 13 applicants one is an existing beneficiary under the PLI Scheme for White Goods committing an additional investment of Rs 15 croreAccording to the ministry nine applicants representing 75 per cent of the total have applied for manufacturing Air Conditioner components with a cumulative investment of Rs 1816 croreThese investments focus on manufacturing copper tubes aluminium stock compressors motors heat exchangers control assemblies and other highvalue componentsThe remaining four applicants have proposed investments worth Rs 98 crore for LED component manufacturing including LED chips drivers and heat sinksThe proposed investments cover six states across 13 districts and 23 locations contributing to regional industrial growth and employment generationApproved by the Union Cabinet chaired by Prime Minister Narendra Modi on April 7 2021 the PLI Scheme for White Goods â with a total outlay of Rs 6238 crore â aims to establish a complete component ecosystem for Air Conditioners and LED Lights in IndiaIt is projected to increase domestic value addition from the current 15â20 per cent to 75â80 per cent positioning India as a key global manufacturing hub for white goods IANS https://dailyworld.in/science/pli-scheme-for-white-goods-13-firms-commit-rs-1-914-crore-investment-in-4th-round-648329.html Thu, 13 Nov 2025 12:14:00 +0530 https://dailyworld.in/science/need-8-million-jobs-annually-to-reap-demographic-advantage-ai-to-supplement-cea-nageswaran-648348.html New Delhi Nov 13 India must create nearly 8 million jobs annually over the next 10â15 years to capitalise on its demographic dividend which will only last until then Chief Economic Adviser CEA V Anantha Nageswaran has said At a webinar coâhosted by Indian Council for Research on International Economic Relations ICRIER and Prosus at their Centre for Internet and Digital Economy CEA Nageswaran highlighted that artificial intelligence AI should enhance rather than replace human work particularly in healthcare and educationIn these sectors frontline professionals can be supported to deliver quality services at scale especially in remote and underserved regions he saidNageswaran also pointed out that India currently has limited computing and GPU capacity available in the United States and China affecting the countryâs ability to train and develop largescale AI models domesticallyHe noted that recent reductions in AI subscription pricing by global platforms such as monthly plans now being offered at the cost of a single lowfee annual subscription â will accelerate user adoption but also increase the volume of Indian data being captured by foreign AI systemsCEA pointed out that when users increasingly upload files and documents rather than text prompts the amount of granular and sensitive data generated from India is expected to rise making data ownership and data sovereignty a central policy question going forwardThe event also featured Nobel laureate Professor Daron Acemoglu and focused on how Artificial Intelligence AI can be directed to support workforce development productivity and improved service delivery in IndiaAcemoglu argued AI tools that assist technicians nurses and educators will boost economic participation and productivity but AI that prioritises labour replacement could create economic pressures for countries with middleâskilled workforcesPramod Bhasin Chairperson ICRIER expressed happiness in renewing partnership with Prosus on building a Centre of Excellence on Indiaâs digital economySehraj Singh Managing Director Prosus India added that by combining ICRIERâs research excellence with Prosusâs experience in innovationled entrepreneurship âwe aim to create actionable insights that guide inclusive and responsible digital transformationâ IANS https://dailyworld.in/science/need-8-million-jobs-annually-to-reap-demographic-advantage-ai-to-supplement-cea-nageswaran-648348.html Thu, 13 Nov 2025 13:51:00 +0530 https://dailyworld.in/science/industry-welcomes-fresh-policy-measures-to-boost-export-ecosystem-648350.html New Delhi Nov 13 The governmentâs approval of Export Promotion Mission EPM and credit guarantee scheme is set to boost Indiaâs export competitiveness and significantly help MSMEs and firsttime exporters industry associations said on Thursday The mission will help exporters identify new markets and introduce new products It will also significantly improve ease of doing business The credit guarantee scheme would ensure affordable trade finance for MSMEs said EEPC IndiaâThe global trade policy landscape has been fast evolving necessitating swift policy actions to counter the emerging challenges The Government of India under the dynamic leadership of Prime Minister Narendra Modi has always been in action mode and come up with bold reforms often preempting potential problems The latest policy measures are forwardlooking and would pave way for Indias strong position in global tradeâ said Adhip Mitra Executive Director and Secretary EEPC IndiaIn continuation with various measures to support the countrys exports sector the government has approved Rs 25060 crore EPM and a Rs 20000 crore credit guarantee scheme The EPM has given priority to the engineering goods sector along with other sectors which have been hit hard by the disruptive global trade policy especially the high 50 per cent tariff imposed by the US on most items of Indias trade basketâAt a time when the exporting community is facing challenges on multiple fronts the latest intervention provides muchneeded support It will significantly contribute towards exportled growth of the economyâ said EEPC IndiaOn the back of measures to facilitate trade the engineering goods sector hopes to maintain positive growth in the current fiscal 202526 The high US tariff which took effect in the last week of August added to the pains of the sector but âwe are hopeful that an interim trade deal with the US would be signed soonâ it addedRajeev Juneja President of PHD Chamber of Commerce and Industry PHDCCI said that this visionary initiative with a fiveyear implementation horizon announced in the Union Budget 2025â26 ensures greater policy stability enabling businesses to make sustained investments in capacity building market expansion and export diversificationThe Missionâs twin subschemes Niryat Protsahan and Niryat Disha â create a comprehensive support framework catalysing export growth and employment creation he saidNiryat Protsahan focuses on improving financial enablers strengthening MSMEs and exporters to compete globally through interest subvention collateral guarantees and credit enhancement facilities while Niryat Disha lays thrust on nonfinancial enablers like export quality certification branding logistics support and participation in international trade fairsBy addressing key structural bottlenecks including limited trade finance high compliance costs and inadequate export infrastructure the Mission is poised to enhance Indiaâs share in global trade and increase the exportstoGDP said JunejaGoing forward PHDCCI believes that the Export Promotion Mission aligns with Indiaâs vision of achieving 2 trillion in exports by 2030 thereby contributing to Viksit Bharat at 2047 IANS https://dailyworld.in/science/industry-welcomes-fresh-policy-measures-to-boost-export-ecosystem-648350.html Thu, 13 Nov 2025 14:15:00 +0530 https://dailyworld.in/science/gross-fixed-asset-addition-remains-strongest-in-india-during-fy20-25-report-648354.html New Delhi Nov 13 Gross fixed asset GFA addition in the fiveyear block period has been strongest during the financial year 2020 to 2025 FY2025 post FY05FY10 a report stated on Thursday In particular construction material electricity generation and consumer goods led the addition Metals have been on a downward trend in the past two fiveyear periodsOn the contrary the chemical sector has been adding capacity in the past two fiveyear periods which is likely to give growth once demand recovery happens PL Capital said in its reportAccording to the report the construction materials sector has witnessed significant volatility in GFA growth over the past two decadesIn FY0510 GFA grew by 23371 per cent supported by rapid urbanisation real estate expansion and infrastructure development Meanwhile growth moderated to 9468 per cent in FY1015 due to project delays and reduced private investmentA sharp decline of 9459 per cent in FY15â20 was seen driven by high input costs regulatory challenges RERA GST demonetisationled liquidity stress and the NBFC funding crisis that dampened housing and infrastructure activityThe sector rebounded strongly in FY20â25 recording an exceptional 280232 per cent growth fueled by record government capital expenditure revival in real estate and largescale infrastructure programs such as Smart Cities Mission Bharatmala and PM Awas Yojana the report notedMeanwhile after the growth of 172 per cent in FY0510 over FY0005 and again 174 per cent in FY1015 over FY0510 on the back of a global commodity boom and strong domestic investment the metal sector has shown degrowth in GFA of 5 per cent during FY1520 and again degrowth of 36 per cent during FY2025 due to subdued global prices excess capacity and high leverageThe Machinery sector has seen a steady and sharp decline in GFA growth over the last 20 years said the report IANS https://dailyworld.in/science/gross-fixed-asset-addition-remains-strongest-in-india-during-fy20-25-report-648354.html Thu, 13 Nov 2025 14:45:00 +0530 https://dailyworld.in/science/2-to-3-players-to-dominate-indias-quick-commerce-market-in-top-40-cities-report-648381.html New Delhi Nov 13 Like the ecommerce segment where two or three players typically dominate the market in most countries this concentration pattern has been extended to food delivery and quick commerce QC sector in India as well where the top two or three firms are likely to control a major share of the market a report has said The QC ecosystem in India is likely to follow a similar trajectory with major players securing market share through aggressive growth technological advancements and operational effectivenessAccording to a Bernstein Research report QC will dominate in top cities while modern trade MT â retail supermarkets âwill flourish in the next 400 citiesQC will dominate in the Top40 cities MT to flourish in the Next400 cities and GT to lead the Last4000 cities the report notedAt the same time general trade GT kiranas and pop shops will remain the leader in the smaller cities towns and villagesWith rapidly evolving dynamics across city tiers Indias internet economy is entering a fresh phase of rapid growthThe report predicted that GT to lose ground to QC ecommerce EC and MT however MT and EC may have healthy growth going ahead as wellIn Indiaâs top urban markets quick commerce QC will dominate the retail channel fuelled by consumer demand for immediacy convenience and efficient logistics networksThe report however emphasised that MT and EC still hold an advantage in areas such as product cataloguing and cost competitivenessWhile MT retailers are focusing more on margins and deeper assortments especially in semiurban areas QC and EC platforms are making significant investments in warehouse networks and logistics optimisation to cut costsAccording to the report Indias top 40 cities which are home to about 200 million people and 1700 pin codes are the centre of the digital economy and the main centres of growth and consumption for the nations changing retail scene IANS https://dailyworld.in/science/2-to-3-players-to-dominate-indias-quick-commerce-market-in-top-40-cities-report-648381.html Thu, 13 Nov 2025 15:52:00 +0530 https://dailyworld.in/science/infra-spending-private-consumption-keep-indias-financial-institutions-resilient-648396.html New Delhi Nov 13 Global banks have a steady outlook in 2026 amid increasing political uncertainties a report said on Thursday adding that structural improvements and good economic prospects keep Indias financial institutions resilient Indias infrastructure spending and private consumption will support robust economic growth We see good prospects for the economy over the next couple of years Indias low US trade exposure reduces tariff risks according to the report from SampP Global RatingsBanks are operating in volatile times when significant policy decisions and regional conflicts could disrupt financial markets and rapidly change the economic environment said SampP Global Ratings credit analyst Emmanuel Volland regarding the global banking landscapeRegarding the Indian financial landscape the firm said that even though stress pockets have emerged in unsecured personal loans and microfinance loans the underwriting standards for secured retail loans are healthy and delinquencies in this segment remain manageableIt forecasted global banksâ credit losses to increase to 655 billion in 2026 up 75 per cent onyear before the rise in losses slowing in 2027The bulk of the incremental loss is expected in AsiaâPacific driven by tariffrelated uncertainties on lending to Chinaâs micro and small enterprises and its unsecured consumer credit segmentâWe see these losses as manageable for banks thanks to generally solid profitability and strengthened prudential rules implemented over the past yearsâ the report saidSampP Global Ratings identified four downside risks to global bank ratings such as escalation of geopolitical risks strongerâthanâanticipated spillovers from tariff shocks weakening regulatory environments and evolving risks linked to digitalisation Gen AI and climate changeWe expect credit divergence to increase eventually Volland said adding that solid bank financial metrics including asset quality profitability and favourable market conditions remain consistent tailwinds IANS https://dailyworld.in/science/infra-spending-private-consumption-keep-indias-financial-institutions-resilient-648396.html Thu, 13 Nov 2025 16:33:00 +0530 https://dailyworld.in/science/85-pc-of-indian-businesses-see-saudi-arabia-as-attractive-investment-destination-report-648401.html Mumbai Nov 13 Eightyfive per cent of Indian businesses â the highest among surveyed markets â see Saudi Arabia as a more attractive destination for trade and investment amidst global uncertainties a report showed on Thursday Moreover 78 per cent of Indian businesses are planning to increase investments in Saudi Arabia in the next six months â representing the highest level of commitment among any market outside the Middle East according to an HSBC reportIndian business leaders are showing a strong intent to increasing trade and investment with Saudi Arabia This aligns with the Kingdomâs Vision 2030 plan which aims to build a resilient stable economy with attractive growth opportunitiesâOur research indicates increased confidence from international businesses in Saudi Arabiaâs economic transformation and highlights the Kingdomâs unique ability to combine heightened growth prospects with economic stabilityâ said Selim Kervanci Chief Executive Officer Middle East North Africa and Türkiye MENAT HSBC Bank Middle EastThe report surveyed 4000 business decision makers with international operations each generating annual revenues of 50 million to 500 million uncovering insights into the evolving trade and investment links between Saudi Arabia and eight major global marketsBilateral trade ties between India and Saudi Arabia have steadily grown over the years India is the second largest trade partner of Saudi Arabia while Saudi Arabia is the fifth largest trading partner of India In FY 202425 bilateral trade stood at 4188 billion with Indian exports at 1176 billion and imports at 3012 billionSurvey respondents from India highlight Saudi Arabiaâs growing economy 60 per cent economic stability 56 per cent and businessfriendly policies 51 per cent as top reasons to do business in the KingdomThe strategic alignment between Saudi Arabiaâs Vision 2030 and Indiaâs Viksit Bharat agenda opens up synergistic opportunities for trade and investment fostering sustainable growth and shared prosperity said Ajay Sharma Head of Banking HSBC IndiaIndian IT and tech firms are contributing to Saudi Arabiaâs digital transformation while interest is also growing in areas like healthcare logistics mining and startups Indian businesses already investing in the Kingdom rank foreign ownership restrictions 35 per cent and market competition 35 per cent as equal top barriers to increasing their investments IANS https://dailyworld.in/science/85-pc-of-indian-businesses-see-saudi-arabia-as-attractive-investment-destination-report-648401.html Thu, 13 Nov 2025 17:12:00 +0530 https://dailyworld.in/science/india-to-stay-fastest-growing-major-economy-despite-us-tariff-hikes-moodys-648402.html New Delhi Nov 13 India is expected to remain the fastestgrowing economy among the G20 nations with a growth rate of 65 per cent through 2027 despite the Donald Trump administrationâs tariff hikes according to Moodyâs latest Global Macro Outlook report for 202627 The report states that the pace of Indiaâs growth will be supported by robust infrastructure investment strong domestic consumer demand and export diversificationâIndian exporters facing 50 per cent US tariffs on some products have succeeded in redirecting exports with overall exports climbed 675 per cent in September even as shipments to the US dropped 119 per centâ the report points outThe report praises the RBIâs monetary policy for keeping the country on a stable growth path In India the RBI held its repo rate steady in October showing that it is cautious on policy with inflation subdued and growth strong the report statesThe strong international capital inflows driven by positive investor sentiment have helped cushion external shocks and maintain liquidity the report further statesHowever it also observes that while domestic demand remains the primary growth engine the private sector is yet to fully regain confidence for largescale business investmentsGlobal growth will likely remain steady but subdued with advanced economies growing modestly and emerging markets mostly maintaining stronger momentum the report states It projects global growth at around 25 to 26 per cent in 2026 and 2027 reflecting steady but uneven expansion across regionsAdvanced economies are expected to grow about 15 per cent while emerging markets are likely to post a 4 per cent growthThe United States is clocking slower but stable momentum supported by modest consumer spending and AIrelated investment and adoption the report statesThe fiscal stimulus a more accommodative monetary policy and regulatory easing could extend the US credit cycle into 2026 offsetting tariff and immigration pressures â though risks could rise as the cycle matures the report addedIn the case of Europe the report observes a modest improvement driven by employment gains wage stability and monetary policy easing by the European Central Bank Investments in infrastructure and green technology particularly Germanyâs investment in defence and public projects are expected to spur regional growthChinaâs growth rate is expected to slow down from 5 per cent in 2025 to 42 per cent by 2027 IANS https://dailyworld.in/science/india-to-stay-fastest-growing-major-economy-despite-us-tariff-hikes-moodys-648402.html Thu, 13 Nov 2025 17:14:00 +0530 https://dailyworld.in/science/indian-equity-indices-close-flat-amid-profit-booking-ahead-of-bihar-poll-results-648404.html Mumbai Nov 13 The key domestic equity indices closed flat on Thursday erasing early gains amid profit booking in IT and auto heavyweights ahead of Bihar election results Sensex ended the session at 8447867 up 1216 points or 001 per cent Continuing the previous days rally the 30share index started trading higher at 8452589 against last sessions closing of 8446651 However the index traded volatile during the session and closed flat amid profit booking post the last three days rallyNifty closed 2587915 up 335 points or 001 per centNational equities closed flat after a positive session as profitbooking erased early gains despite optimistic global and domestic cues Sentiment was buoyed by Trump signing a shortterm funding bill to end the US government shutdown and hopes of tariff relief for India said Vinod Nair Head of Research Geojit Investments LimitedThe recordlow October inflation prints reinforced expectations of an RBI rate cut making ratesensitive sectors like metals and realty attractive to investors he addedICICI Bank PowerGrid LampT Bharti Airtel Sun Pharma and Maruti Suzuki were among the top gainers from the Sensex stocks Eternal Tata Motors CV Mahindra and Mahindra Tata Steel BEL Tata Motors PV Trent TCS Infosys Hindustan Unilever and Bajaj FinServ ended the session lowerSectoral indices remained volatile as investors showed a mixed approach throughout the session Nifty Fin Services rose 58 points or 022 per cent and Nifty Bank increased 107 points or 018 per cent While Nifty Auto dipped 102 points or 037 per cent Nifty IT fell 175 points or 048 per cent and Nifty FMCG closed 285 points or 051 per cent lowerBroader indices experienced pressure amid selling in smallcap and midcap stocks Nifty Small Cap 100 decreased 66 points or 037 per cent Nifty Midcap 100 fell 210 points or 035 per cent while Nifty 100 ended flatRupee traded flat in a narrow range near 8867 as market participants remained cautious ahead of the Bihar election outcome due Friday morning leading to a muted trading sessionTraders awaited the release of US CPI data which is expected to influence dollar index movements and consequently rupee trends With limited triggers in the interim the rupee is likely to stay rangebound with the trading range expected between 8840â8895 said Jateen Trivedi of LKP Securities IANS https://dailyworld.in/science/indian-equity-indices-close-flat-amid-profit-booking-ahead-of-bihar-poll-results-648404.html Thu, 13 Nov 2025 17:15:00 +0530 https://dailyworld.in/science/chinese-pvc-imports-raise-cancer-risk-for-indians-648412.html New Delhi Nov 13 Extensive dumping of poorâquality PVC resin with high levels of carcinogen compounds by China poses a significant publicâhealth risk in India and timely enforcement of the proposed Quality Control Order QCO is necessary a report said on Thursday The report by Centre for Domestic Economy Policy Research CDEPin launched here said that PVC currently contributes to nearly 30 per cent of use cases in Indiaâs economy with widespread use across water sanitation irrigation healthcare construction and infrastructurePVCs from China contain Residual Vinyl Chloride Monomer a Category 1A carcinogen at concentrations up to five times higher than globally accepted safety limits the report notedThe United States the European Union and Thailand regulate Residual Vinyl Chloride Monomer RVCM levels in PVC resin within a stringent range of 05 ppm to 3 ppm ensuring safety in water and foodcontact applicationsIndia however does not yet have a binding national limit on RVCM which has allowed imports of PVC resin from China with concentrations reported between 5 ppm and 10 ppmThis difference in quality benchmarking should be removed by the timely implementation of the PVC QCO to ensure Indian standards are at par with global safety benchmarks the report arguedThe Department of Chemicals and Petrochemicals had notified a Quality Control Order QCO on PVC resin in August 2024 but deferred enforcement three times with enforcement now scheduled for December 2025âThe government has been championing the Zero Defect Zero Effect by adopting the Quality Control Order QCO Such a policy step by the government is strengthening consumer safety and industrial standards while promoting exports from India that are dependable and of high qualityâ said Dr Jaijit Bhattacharya President of CDEPinAt the launch event Anil Sharma from the Swadeshi Jagran Manch said that QCOs must encompass the entire value chain ensuring quality and accountability at every stage of production IANS https://dailyworld.in/science/chinese-pvc-imports-raise-cancer-risk-for-indians-648412.html Thu, 13 Nov 2025 18:04:00 +0530 https://dailyworld.in/science/investor-accounts-on-nse-surpass-24-crore-648415.html Mumbai Nov 13 The National Stock Exchange NSE said on Thursday that the number of unique trading accounts surpassed 24 crore this month just under one year after it surpassed 20 crore mark in October last year The number of unique registered investors stood at 122 crore as of October 31 2025 having surpassed the milestone of 12 crore unique registered investors on September 22 2025As of September 30 2025 individual investors both direct participants and via mutual funds now hold 1875 per cent of NSE listed companies marking a 22 year highMaharashtra accounted for the largest share of 17 per cent of investor accounts with over 4 crore accounts followed by Uttar Pradesh at 11 per cent Gujarat at 9 per cent West Bengal and Rajasthan at 6 per centNotably the top five states held 49 per cent share of all investor accounts while the top 10 states comprise over 73 per cent the exchange saidSeveral investor protection measures have strengthened confidence in the markets alongside rampant digitalisation sustained innovation growing middle class and progressive policy measures from the government the statement saidMeasures such as standardising mobilebased trading solutions streamlining the Know Your Customer KYC process and bolstering investor awareness campaigns have increased investor participation according to Sriram Krishnan Chief Business Development Officer NSEThe stock exchange conducted 11875 Investor Awareness Programs IAPs in the first half of FY26 alone reaching nearly 62 lakh participants as compared to 14679 in the whole of FY25Meanwhile NSEâs Investor Protection Fund IPF grew 19 per cent YoY to Rs 2719 crore as of October 31 2025Over the past five years the Nifty 50 and Nifty 500 indices have generated strong annualised returns of 15 per cent and 18 per cent respectively IANS https://dailyworld.in/science/investor-accounts-on-nse-surpass-24-crore-648415.html Thu, 13 Nov 2025 18:07:00 +0530 https://dailyworld.in/science/16-out-of-the-25-fortune-worlds-best-workplaces-2025-now-operate-in-india-648441.html Mumbai Nov 13 In a significant feat 16 out of the 25 âFortune Worldâs Best Workplaces 2025â now operate in India thus further strengthening the countrys global footprint a report showed on Thursday Great Place To Work the global authority on workplace culture and Fortune Media identified 25 winners on this yearâs list by surveying more than 9 million employeesâOut of the 25 recognised organizations 16 have a strong presence in India showcasing Indiaâs pivotal role in shaping the global workplace culture I wish my heartfelt congratulations to all the winners of the Fortune Worldâs Best Workplaces list who are leading by example and inspiring many others along the wayâ said Balbir Singh CEO Great Place To Work IndiaThis year companies earned a higher rank for their ability to outperform their peers both in their local markets and globally on measures of employee trust pride and camaraderie Rankings were based on over 9 million employee surveys conducted in 2024 and 2025 representing the experiences of more than 25 million employees worldwideThe winners of the Fortune Worldâs Best Workplaces list demonstrate how great culture transcends borders When organisations lead with trust and fairness they create workplaces where people and performance thrive universallyâThe powerful impact of these great companies on our planet is a sacred trustâ said Michael C Bush CEO of Great Place To WorkâOf the more than 9 million employees surveyed more workers at these remarkable companies say their company trusts them and wants them to grow as people and professionals These economic powerhouses also strengthen the communities where they operate and are leaving behind a better world than the one they inheritedâ said BushThe Worldâs Best Workplaces list casts an important spotlight on what employees believe are todayâs exceptional workplaces companies and organization where they feel trusted empowered and energized to do their best work added Alyson Shontell editorinchief of Fortune IANS https://dailyworld.in/science/16-out-of-the-25-fortune-worlds-best-workplaces-2025-now-operate-in-india-648441.html Thu, 13 Nov 2025 19:59:00 +0530 https://dailyworld.in/science/indias-dc-stock-surpasses-15-gw-260-mw-added-during-9m-2025-report-648199.html New Delhi Nov 12 Indias data centre DC capacity crossed 15 gigawatt GW for the first time during the first nine months this year 9M 2025 a report said on Wednesday A supply of 260 MW has been added between January and September this yearThe growth is mainly driven by rapid digitalisation favourable government regulations and increasing corporate investments in Artificial Intelligence AI CBRE South Asia a real estate consulting firm stated in its reportAccording to the report Mumbai leads the countryâs total DC capacity with a 53 per cent share of the total around 1530 MW at the end of September this yearThis is mainly due to its proximity to global internet exchange points and a key entry location for worldwide submarine cablesThe report added that Chennai DelhiNCR and Bengaluru follow Mumbai with shares of 20 per cent 10 per cent and 7 per cent respectively The four cities cumulatively account for nearly 90 per cent of the countryâs total DC capacityIndiaâs Data Centre capacity has seen significant growth in the last four to five years mirroring the countrys rapid digital transformation said Anshuman Magazine Chairman amp CEO India SouthEast Asia Middle East amp Africa CBREâRapid digitalisation due to rising Internet penetration cloud adoption and the emergence of AI and Internet of Things IoT has taken the need for strong data infrastructure to new heights he addedThis is being supported by government policies and data localisation norms positioning India as a key hub for global as well as domestic investors the Magazine said furtherAs per the report India offers one of the most costcompetitive DC environments globally supported by relatively lower construction and electricity costs as compared to markets such as Singapore China and JapanThe nation also has a large pool of digital and AI talent accounting for nearly 16 per cent of the global AI workforce with over 600000 professionals This is expected to double by 2027The CBRE report highlighted that India has attracted nearly 94 billion in DC investment commitments since 2019 with Telangana Maharashtra and Tamil Nadu emerging as the top three destinationsThe countryâs DC sector witnessed investment commitments worth around 30 billion during the JanuarySeptember 2025 period IANS https://dailyworld.in/science/indias-dc-stock-surpasses-15-gw-260-mw-added-during-9m-2025-report-648199.html Wed, 12 Nov 2025 13:15:00 +0530 https://dailyworld.in/science/indian-rupee-expected-to-trade-in-88589-per-dollar-range-till-nov-end-report-648208.html Mumbai Nov 12 The movement in the dollar and progress in the USâIndia trade negotiations will determine the Indian rupeeâs direction in November a report said on Wednesday adding that rupee will trade in the range of 885â89 per dollar till month end The outlook however hinges on the US dollars trajectory and US macro data on inflation and the labour market which will influence the Federal Reserveâs rate decision in December the report from Bank of Baroda BoB saidAny positive development on the USIndia trade deal is likely to lift investor sentiments the bank said adding that concerns about higher US tariffsâ impact on the domestic economy are weighing on foreign portfolio investor FPI flowsRupee remained steady in the last month even though it continued to trade near a record low amid a stronger dollar sluggish inflows and strong demand from importersThe Reserve Bank of India RBI intervention was prevalent in the forex market to prevent the currency sliding to new lows marking a notable shift from recent monthsâ freer currency movement the bank said forecasting that trend to persist in the coming daysGlobal currencies showed varied performance against the dollar in the last month with emerging market currencies generally strengthening when advanced economy currencies weakened the report saidThe dollar strengthened due to a growing consensus amongst market participants that the Fed is unlikely to cut rates again this year The US Federal Reserve may take a cautious approach to further rate cuts due to a dearth of key economic data due to a prolonged US government shutdown the bank notedThe rupee traded in the range between 8783 per dollar and 8870 per dollar over the last month with average annualised volatility falling from over 4 per cent in October to 12 per cent in November the report noted IANS https://dailyworld.in/science/indian-rupee-expected-to-trade-in-88589-per-dollar-range-till-nov-end-report-648208.html Wed, 12 Nov 2025 14:16:00 +0530 https://dailyworld.in/science/nurses-midwives-form-backbone-of-indias-healthcare-system-experts-648210.html New Delhi Nov 12 Nurses and midwives form the backbone and one of the most important pillars of Indiaâs healthcare system senior government officials and experts said on Wednesday According to Union Health Secretary Punya Salila Srivastava along with Ayushman Aarogya Mandir and ASHA workers they are instrumental in achieving Universal Health Coverage UHCShe further underscored that the best practices emerging from each state during this workshop should serve as guiding inputs for national policy formulation and other states should take note of these models for wider replication and improvement of the nursing sector across the countrySrivastava was speaking at a threeday National Consultation and Experience Sharing Workshop on Nursing Policy Priorities and Best Practices in India to strengthen policy dialogue and advance reforms in the nursing and midwifery sectorThe workshop brought together key stakeholders including policymakers senior government officials regulators nursing educators professional associations and development partners from across the countryThe consultation aimed to review ongoing initiatives identify emerging challenges and share innovative models to strengthen nursing governance education and workforce management in alignment with Indiaâs health sector priorities and the Sustainable Development Goals SDGsSrivastava also noted that Indiaâs recent reforms including the establishment of the National Nursing and Midwifery Commission NNMC adoption of competencybased curricula and initiatives to modernize regulatory frameworks are major milestones in strengthening the nursing ecosystemProfessor VK Paul Member Health Niti Aayog commended the Ministry of Health and Family Welfare and WHO for convening this important consultationâIndiaâs health system is globally recognised for providing quality healthcare owing significantly to the strength and dedication of its nursing workforceâ he said adding that nursing is the backbone of Indiaâs comprehensive healthcare systemExpressing concern over the quality of training of nurses Dr Paul noted that this remains a critical area of focus He stressed the need for reforms in nursing education and called for greater emphasis on inservice training and skill enhancement to ensure high standards of care and professional excellenceSpeaking at the occasion Dr Payden WHO Representative to India lauded the countryâs significant progress in advancing the nursing and midwifery sectorShe highlighted that India has emerged as one of the worldâs largest contributors to the global nursing workforce IANS https://dailyworld.in/science/nurses-midwives-form-backbone-of-indias-healthcare-system-experts-648210.html Wed, 12 Nov 2025 14:38:00 +0530 https://dailyworld.in/science/indian-stock-market-rises-for-3rd-consecutive-day-this-week-648233.html Mumbai Nov 12 Indian equity indices closed on a positive note on Wednesday continuing the gaining momentum for the third consecutive session this week amid persistent buying in the IT pharma and auto sectors Sensex ended the session at 8446651 up 59519 points or 071 per cent The 30share index started the session with a huge gapup at 8423886 against last sessions closing of 8387132 The index continued the early momentum to hit the intraday high at 8465201 amid heavy buying in IT and auto heavyweightsNifty closed at 2587580 up 18085 points or 070 per centGlobal equities rallied on renewed risk appetite driven by optimism over the anticipated resolution of the US government shutdown and growing expectations of early Fed cuts amid signs of a cooling US labour market said Vinod Nair Head of Research Geojit Investments LimitedEmerging markets outperformed reflecting the improvement in global sentimentSupportive domestic macro fundamentals â including easing CPI and WPI inflation a strong GDP outlook and healthy H2 FY26 earnings expectations â continue to underpin positive market momentum he addedTCS Adani Ports Bharti Airtel Infosys Sun Pharma were among the gainers from the Sensex basket Tata Steel Tata Motors PV and Tata Motors CV settled in negative territoryThe majority of sectoral indices continued their gaining momentum amid value buying Nifty IT rose 738 points or 204 per cent Nifty Auto increased 336 points or 124 per cent Nifty Bank jumped 136 points or 023 per cent and Nifty Fin Services closed 82 points or 012 per cent higherThe broader market followed suit as well Nifty smallcap 100 rose 149 points or 082 per cent Nifty midcap 100 increased 475 points or 079 per cent and Nifty 100 ended the session 160 points or 061 per cent higherRupee traded down by Rs 006 at 8862 in a muted session remaining confined within a narrow range as traders awaited key economic cuesThe dollar index stayed largely sideways near 9960 showing limited directional movement Market participants are now eyeing this weekâs US CPI data which is expected to provide fresh triggers for the dollarâs trajectory and in turn influence rupee movements said analystsFor now the rupee is likely to remain rangebound with an expected trading band between 8840â8885 he added IANS https://dailyworld.in/science/indian-stock-market-rises-for-3rd-consecutive-day-this-week-648233.html Wed, 12 Nov 2025 17:04:00 +0530 https://dailyworld.in/science/india-needs-about-52-billion-annually-to-address-urban-climate-adaptation-needs-report-648253.html New Delhi Nov 12 India needs an estimated 52 billion about Rs 458 lakh crore annually to address its urban climate adaptation needs effectively according to a new report on Wednesday From scorching heatwaves to recordbreaking monsoons rising air pollution to unseasonal cyclones climate change is manifesting in increasingly dire ways in urban IndiaA new report by The Bridgespan Group in collaboration with United Way of Mumbai and HSBC India spotlights opportunities to strengthen climate resilience across Indiaâs vast informal sector that forms the backbone of every cityâs economy and accounts for roughly 40 per cent of Indiaâs urban populationThe study examines how Indiaâs informal workers and settlement dwellers are responding to intensifying climate risks such as heatwaves flooding and air pollutionBased on conversations with communities and experts the report outlines five practical investment ideas â or âbold betsâ â that can drive locally led climate adaptation and attract additional public and private fundingThese are climatesmart housing modifications that improve heat resilience and energy efficiency climateindexed wage insurance that stabilises income during climaterelated disruptions sustainable urban drainage systems that strengthen water security and reduce flooding distributed renewableenergy systems that provide reliable affordable power in informal settlements and climateresilient microentrepreneurship that expands green indoor livelihoods and fosters innovationâFinancing climate resilience in informal urban communities is not just about mitigating risk it is about unlocking opportunity The report highlights the important role philanthropy CSR and venture capital can play in demonstrating solutions to unlock capital â public and privateâ said Aloka Majumdar MD and Head of Sustainability HSBC IndiaAnant Bhagwati Bridgespan Partner and report coauthor added that âWe hope this report sparks collaborative action serving as a starting point for funders and investors to build a more equitable and climateresilient future for everyone who lives and works in our citiesâ IANS https://dailyworld.in/science/india-needs-about-52-billion-annually-to-address-urban-climate-adaptation-needs-report-648253.html Wed, 12 Nov 2025 19:09:00 +0530 https://dailyworld.in/science/adani-cement-to-deploy-worlds-1st-industrial-grade-coolbrook-tech-to-boost-cement-decarbonisation-648165.html Ahmedabad Nov 12 Adani Cement and Finnish company Coolbrook on Wednesday announced to deploy worldâs first commercial âRotoDynamic Heaterâ to advance cement decarbonisation at the Boyareddypalli Integrated Cement Plant in Andhra Pradesh This marks the first industrial scale deployment of Coolbrookâs RDH technology advancing Adani Cementâs netzero goals achievement by 2050 validated by the SBTi and Coolbrookâs goal of cutting 24 billion tonnes of annual carbon dioxide across heavy industry sectors globallyThis deployment is expected to directly reduce 60000 tonnes of carbon emissions annually with a potential to increase 10 times in due course marking a major step toward decarbonising cement manufacturingâThe worldâs first commercial deployment of Coolbrookâs RotoDynamic Heater within our operations marks a pivotal moment in our decarbonisation journey This is a major leap towards achieving our netzero goalsâ said Vinod Bahety CEOCement Business Adani GroupNotably the RDH system will be powered entirely by Adani Cementâs largescale renewable energy portfolio ensuring that the industrial heat generated is completely emission freeâBy integrating such cuttingedge electrification solutions into our cement production we are accelerating the shift away from fossil fuels reducing emissions at scale enhancing the utilisation of clean energy sources and setting a new standard for lowcarbon cement manufacturingâ he addedThis technology will decarbonise the calcination phase the most fossil fuelintensive stage of cement production By providing clean heat to dry and enhance the heating value of alternative fuels the technology enables a significantly higher substitution of fossil fuels with sustainable alternativesâEntering into the first industrialscale project in the world with Adani Cement marks a transformative step for industrial electrification in one of the worldâs most vital cement marketsâ said Joonas Rauramo CEO of CoolbrookâOur mission is to make RotoDynamic Technology a new industry standard for decarbonising hardtoabate sectors Together weâre redefining how cement is produced â cleaner more efficient and ready for a netzero futureâ Rauramo addedThe deployment demonstrates the realworld feasibility of clean electrified industrial heat powered entirely by renewables This positions Adani Cement to spearhead Indiaâs emergence as the worldâs clean manufacturing cement hubCoolbrook and Adani Cement have identified multiple followon opportunities for deploying RotoDynamic Technology across Adani Cementâs industrial operations and share an ambition to launch at least five additional projects within the next two yearsAs the 9th largest cement producer globally Adani Cement has 107 MTPA of installed capacity and accounts for nearly 30 per cent of the cement used in Indiaâs housing and infrastructure projects IANS https://dailyworld.in/science/adani-cement-to-deploy-worlds-1st-industrial-grade-coolbrook-tech-to-boost-cement-decarbonisation-648165.html Wed, 12 Nov 2025 09:39:00 +0530 https://dailyworld.in/science/sensex-nifty-open-in-green-over-us-india-trade-talks-bihar-exit-polls-648168.html Mumbai Nov 12 The Indian benchmark indices opened in green zone on Wednesday amid reports of an imminent IndiaUS trade deal and exit polls in Bihar predicting decisive majority for NDA As of 925 am Sensex advanced 496 points or 059 per cent at 84367 and Nifty inched up 147 points or 058 per cent to 25842The broadcap indices performed in line with the benchmarks with the Nifty Midcap 100 up 055 per cent and the Nifty Smallcap 100 adding 061 per centMax Healthcare and Tech Mahindra were among the major gainers in the Nifty Pack while losers included Maruti Suzuki and TrentAll sectoral indices were trading in green except Nifty FMCG mixed with most of them trading with mild negative bias Nifty IT and Nifty Oil and Gas were the standout gainers up 126 per cent and 095 per centWith reports of an imminent IndiaUS trade deal and exit polls showing the NDA winning Bihar sentiments have improved This will strengthen bulls but not enough to give markets a decisive breakout and sustained rally said market watchersBased on current trends FIIs may sell again at higher levels till the AI trade continues they addedFrom the fundamental perspective there is room for optimism since GDP growth is robust and earnings growth for FY27 appears bright Financials consumption and defence stocks have the potential to lead the next leg of the rallyMost of the AsiaPacific markets rose in early trading sessions after Wall Street traded mixed on hopes that the US government shutdown could be nearing an end even as AI stocks struggledThe US markets ended mixed overnight as Nasdaq slipped 03 per cent the SampP 500 added 018 per cent and the Dow inched up 12 per centIn Asian markets Chinas Shanghai index dipped 023 per cent and Shenzhen dipped 1 per cent Japans Nikkei dipped 021 per cent while Hong Kongs Hang Seng Index advanced 056 per cent South Koreas Kospi jumped 084 per centOn Monday foreign institutional investors FIIs sold equities worth Rs 803 crore while domestic institutional investors DIIs were net buyers of equities worth Rs 2188 crore IANS https://dailyworld.in/science/sensex-nifty-open-in-green-over-us-india-trade-talks-bihar-exit-polls-648168.html Wed, 12 Nov 2025 10:01:00 +0530 https://dailyworld.in/science/over-50-pc-of-indian-firms-to-build-new-data-centre-capacity-in-1-year-as-ai-workloads-grow-648177.html Mumbai Nov 12 Over half of Indian companies expect AI workloads to grow by more than 50 per cent in three to five years with 51 per cent building new dataâcentre capacity within 12 months a report said on Wednesday The report by networking gear major Cisco noted that 91 per cent of Indian organisations are deploying autonomous AI agents adding that only 37 per cent can properly secure themGlobally 13 per cent of organisations that have deployed artificial intelligence AI are outperforming peers by making fundamental infrastructure choices that create compounding advantages the report addedCalling such organisations pacesetters Cisco said that 97 per cent of global pacesetters have deployed AI at the scale and speed needed to unlock use cases and achieve ROIThey build networkfirst foundations prioritize power infrastructure optimise continuously and embed security from day one the report saidAs much as 45 per cent of Indian companies without this level of architectural foresight risk accumulating âAI Infrastructure Debt said Simon Miceli Managing Director Cloud and AI infrastructure Asia Pacific Japan and Greater China CiscoThis technical debt can compound into operational risk security exposure compliance challenges and competitive disadvantage the report notedCisco identified four architectural choices that distinguished AL leaders as they prioritise continuous optimisation after deployment treat the network as a foundation estimate power early and build security as infrastructure from day oneWhile most respondents focus on compute pacesetters prioritise network infrastructure with 81 per cent of global Pacesetters rating their network as optimal for AI workloads the report notedâPacesettersâ are winning not because they spend more but because they made architectural bets earlyâbefore workloads demanded them before bottlenecks emerged before security became urgent the report said IANS https://dailyworld.in/science/over-50-pc-of-indian-firms-to-build-new-data-centre-capacity-in-1-year-as-ai-workloads-grow-648177.html Wed, 12 Nov 2025 12:02:00 +0530 https://dailyworld.in/science/adani-group-forays-into-battery-energy-storage-with-one-of-worlds-largest-single-location-projects-647952.html Ahmedabad Nov 11 The Adani Group on Tuesday announced its foray into the Battery Energy Storage Systems BESS sector with a pioneering 1126 MW3530 megawatthour MWh project which would be commissioned by March 2026 The project entailing deployment of more than 700 BESS containers will be the largest BESS installation in India and one of the worlds largest singlelocation BESS deploymentsThis BESS project would have a power capacity of 1126 MW and energy storage capacity of 3530 MWh thus extending power capacity of 1126 MW by 3 hoursEnergy storage is the cornerstone of a renewablepowered future With this historic project we are not only setting global benchmarks but also reinforcing our commitment to Indias energy independence and sustainability This initiative will enable us to deliver reliable clean and affordable energy solutions at scale said Gautam Adani Chairman of Adani GroupWith this strategic entry the Adani Group joins the ranks of global energy leaders investing in largescale storage infrastructure marking a transformative moment in Indias clean energy journeyAccording to the company the strategic initiative is a major step toward enhancing Indias energy security enabling roundtheclock clean electricity and supporting the countrys transition to a lowcarbon futureThe BESS will play a critical role in easing peak load pressures reducing transmission congestion and mitigating solar curtailment thereby improving grid reliability and efficiencyThe project is in the advance stages of deployment at Khavda the worlds largest renewable energy plant and is being developed with cuttingedge lithiumion battery technology and is being integrated with advanced energy management systems to ensure optimal performance and reliabilityThe deployment will support peak load management and energy shifting thereby playing a critical role in decarbonising the power sectorThe Adani Group plans to deploy an additional 15 GWh of BESS capacity by March 2027 with a longterm target of 50 GWh total over the next five years IANS https://dailyworld.in/science/adani-group-forays-into-battery-energy-storage-with-one-of-worlds-largest-single-location-projects-647952.html Tue, 11 Nov 2025 09:37:00 +0530 https://dailyworld.in/science/indias-grade-a-office-space-demand-to-touch-70-million-square-feet-in-2025-647966.html Bengaluru Nov 11 Despite global trade frictions Indias Grade A office space demand across the top seven cities continue to remain robust and is poised to touch 70 million square feet in 2025 according to a report on Tuesday New supply is also likely to follow closely at around 60 million square feet Corporate occupiers are taking bold steps to reshape their workplaces across Asia Pacific investing in quality embracing hybrid models and exploring inclusive strategies to meet the needs of a diverse workforce according to Colliers latest reportAccording to the report hybrid work inclusive strategies employee need fulfillment sustainability adoption and technological adeptness are likely to remain at the forefront of workspace revolution across major office markets of the APAC regionInterestingly the Indian office market already prioritises inclusivity and sustainability to a greater degree as compared to othersIndian occupiers are clearly shifting towards sustainability and there is an evident flighttoquality driving the next phase of workplace evolution in 2026 and beyond With over 80 per cent of upcoming Grade A supply expected to be greencertified the industrys commitment to environmental goals is commendable said Arpit Mehrotra Managing Director Office Services India ColliersIndias office market is not just scaling up but is also evolving rapidly in terms of real estate quality and employee experienceFlex spaces have established themselves as a vital component of Indias office landscape supporting hybrid work models and returntooffice mandates while achieving cost efficiency and agilityThese spaces offer scalable solutions that enable companies to manage growth and uncertainty seamlessly With their rising adoption across diverse sectors flex spaces are expected to drive nearly 20 per cent of the Grade A office demand and redefine the future of Indian workplaces over the next few years said Vimal Nadar National Director and Head of Research Colliers India IANS https://dailyworld.in/science/indias-grade-a-office-space-demand-to-touch-70-million-square-feet-in-2025-647966.html Tue, 11 Nov 2025 10:52:00 +0530 https://dailyworld.in/science/bfsi-oil-and-gas-lead-fii-inflows-in-oct-fmcg-sector-leads-outflows-report-647969.html Mumbai Nov 11 While foreign institutional investors FIIs returned as net buyers in October BFSI banking financial services and insurance and Oil and Gas sectors led inflows seeing investments worth 1501 million and 1030 million respectively a report said on Tuesday In October both FIIs and DIIs were net buyers to the tune of 13 billion and 60 billion respectively as the Nifty increased by 45 per cent last month according to the report from brokerage firm JM Financial Institutional SecuritiesSectors that saw the high FII inflows included metals telecom auto and power sectors recorded inflows of 355 million 243 million 110 million and 109 million respectively the report addedFMCG experienced the highest FII outflows at 482 million followed by services at 391 million pharma at 351 million IT at 248 million durables at 198 and chemicals at 105 million it notedIn terms of equity holdings by FIIs BFSI auto IT oil amp gas and pharma represent approximately 60 per cent of FII assets under custody AUC in India the release saidBFSI remained the largest sector holding 317 per cent of FII AUC the report notedOf these there was a sequential uptrend in BFSI and IT while auto and oil and gas saw a decrease Pharma remained flatIndian equities recovered strongly in October with Sensex and Nifty up over 4 per cent aided by FII inflows and improved domestic sentimentReal estate led sectoral performance while oil amp gas metals banks and IT outperformed the Nifty even as healthcare power FMCG and autos underperformedThe NSE Midcap index rose 48 per cent and the BSE Smallcap index gained 32 per centNifty is currently trading above 20 times FY27 estimated earnings which is slightly above last 10year average PE ratio IANS https://dailyworld.in/science/bfsi-oil-and-gas-lead-fii-inflows-in-oct-fmcg-sector-leads-outflows-report-647969.html Tue, 11 Nov 2025 11:00:00 +0530 https://dailyworld.in/science/going-quiet-stepping-up-philanthropy-warren-buffett-in-farewell-letter-647971.html New Delhi Nov 11 Billionaire philanthropist Warren Buffett in his letter to shareholders has said he will go quiet after stepping down as Chief Executive Officer CEO of Berkshire Hathaway at yearend Buffett 94 also confirmed plans to step up his philanthropic efforts pledging to donate the remaining 149 billion in Berkshire stock which he still holdsIn his final famed annual letter as CEO Buffett also reflected on business and ageing saying that I am at the office five days a week where I work with wonderful peopleHe disclosed that he had converted 1800 Class A shares worth about 135 billion into the companys lowerpriced B shares and donated them to four of his family foundationsTo improve the probability that they will dispose of what will essentially be my entire estate before alternate trustees replace them I need to step up the pace of lifetime gifts to their three foundations he explainedBuffet had announced earlier this year that Berkshire Hathaway would henceforth be run by Gregory Abel 63 who has been with the company since 2000Buffett mentioned that his optimism for Berkshire Hathaways future remains bright adding that he will retain a significant amount of Class A shares until shareholders are comfortable with the leadership transitionWarren Buffett now retired is among the top five richest people in the world with 1521 billionThe investing legend had earlier this year criticised US tariffs imposed by President Donald Trump calling them a big mistake and warned that trade should never be used as a weaponBuffett also said that governments have a natural tendency to gradually devalue currency over time He called it a scary phenomenon and admitted that the US dollar is expected to weaken against foreign currencies in 2025 IANS https://dailyworld.in/science/going-quiet-stepping-up-philanthropy-warren-buffett-in-farewell-letter-647971.html Tue, 11 Nov 2025 11:48:00 +0530 https://dailyworld.in/science/inspired-by-hpcl-green-research-and-development-centre-hardeep-puri-647989.html New Delhi Nov 11 Union Petroleum Minister Hardeep Singh Puri on Tuesday said he was inspired by the work of governmentowned Hindustan Petroleum Corporation Limited HPCL Green RampD Centre in Bengaluru and asked them to step up their scope and pace In a post on X social media platform Puri said Felt inspired and excited after visiting the HPCL Green RampD Centre at BengaluruThe stateoftheart RampD centre has over 150 dedicated scientists who are working in areas of refining technologies petrochemical catalysts battery technologies internal combustion engine testing flex fuel engine timing kits green hydrogen for mobility and conversion of seaweed into biocrude the minister saidHe noted that 37 per cent of the scientists at the centre are women leaders who are doing pioneering work to create an Energy Aatmanirbhar BharatPraising its work on refining technologies and green fuels Puri said Fascinating work is being done at the centre and I encouraged the team members to expand the scope and pace of their path breaking projectsEarlier this month he said Indias energy journey is entering a new era as seven sedimentary basins are under study with advanced technology for the exploration of oil and gas across the countryThis is a great time for entrepreneurs and industry leaders to look at oil and gas exploration in India It has never been easier faster or more profitable to invest in Indias energy future according to PuriWhile the global energy market is expected to grow at a slow pace India stands out as a bright spot projected to contribute nearly 3033 per cent of global energy demand growth in the coming decades he addedIndia with its 23 worldclass refineries and a total capacity of 2582 MMTPA million metric tonnes per annum now stands among the top five refining nations in the world IANS https://dailyworld.in/science/inspired-by-hpcl-green-research-and-development-centre-hardeep-puri-647989.html Tue, 11 Nov 2025 12:23:00 +0530 https://dailyworld.in/science/indigo-begins-daily-direct-flights-between-delhi-and-guangzhou-648012.html New Delhi Nov 11 Lowcost airline IndiGo on Tuesday said it has commenced daily nonstop flights between Delhi and Guangzhou China This new route will further strengthen direct connectivity between the two nations by connecting the national capital and a key aviation hub with Guangzhou a major business and manufacturing centre in Southern ChinaThe flights on this route will be operated using IndiGos A320neo aircraft offering affordable convenient and comfortable travel experience on the routeFollowing the successful resumption of our KolkataGuangzhou flights we are delighted to further expand IndiGos presence in China with this new daily connection from Delhi This new route from the Indian Capital and our largest domestic hub will strengthen travel options and encourage economic and cultural exchange between the two countries said Pieter Elbers Chief Executive Officer at IndiGoIt will also connect Guangzhou to IndiGos vast domestic network of more than 90 destinations giving access across India to Chinese travellersWe are thankful to both governments for their support in restoring these links opening significant opportunities for trade tourism and collaboration As we continue to expand internationally we remain committed to building such strategic air corridors that foster deeper regional connectivity and unlock new avenues for growth saidIndiGo and China Southern Airlines also signed a memorandum of understanding MOU on Tuesday to establish a codeshare partnership and mutual cooperation agreementWith this China Southern Airlines will be able to offer enhanced connectivity into India while IndiGo customers will be able to connect on the China Southern Airlines extensive network beyond GuangzhouThis is subject to regulatory approvals said the airlineThe partnership aims to offer enhanced travel options and integrated travel itineraries to customers traveling between India and China on the joint network of both airlines besides through checkin process among other benefitsChina Southern Airlines highly values the development potential of the Indian market Through cooperation with IndiGo we will be able to further leverage each others advantages offer a wider range of travel products and give new momentum to the economic cultural and aviation exchanges between the two countries said Han Wensheng President and CEO of China Southern Airlines IANS https://dailyworld.in/science/indigo-begins-daily-direct-flights-between-delhi-and-guangzhou-648012.html Tue, 11 Nov 2025 14:02:00 +0530 https://dailyworld.in/science/indias-smartphone-market-at-5-year-high-apple-logs-highest-ever-quarterly-shipments-648033.html New Delhi Nov 11 The smartphone market in India reached a fiveyear high in the festive third quarter of 2025 Q3 growing 43 per cent yearoveryear YoY to 48 million units according to the International Data Corporation IDC data released on Tuesday Apple recorded its highestever quarterly shipments in India in the third quarter of 2025 Q3 2025 reaching 5 million units and securing the fourth position in the market for the first timeThe iPhone maker achieved a strong 256 per cent YoY growth driven by sustained demand across both new and existing modelsThe iPhone 16 remained the mostshipped smartphone in India during the quarter contributing 5 per cent of total market shipments while the newly launched iPhone 17 series and iPhone Air saw a recordbreaking debut accounting for 16 per cent of Apples Q3 shipments the strongest launchquarter performance for any iPhone since 2021The midpremium segment grew 107 per cent YoY with share rising from 3 per cent to 4 per cent Samsung climbed to the top position followed by OPPO and OnePlusThe Galaxy S24 contributed nearly onequarter of total shipments in this range driven by steep discounting on etailer platformsAggressive festive promotions and flexible financing options drove strong shipment volumes in Q3 2025 However consumer demand remained concentrated in the premium segment leaving the mass market under pressure and resulting in a significant inventory buildup heading into Q4 2025 said Upasana Joshi senior research manager Devices Research IDC Asia PacificThis surplus has been further exacerbated by rising component costs particularly in memory and currency fluctuations prompting brands to raise prices postDiwaliAs a result IDC forecasts a yearoveryear decline in shipments for Q4 2025 leading to an overall annual contraction with total smartphone shipments expected to fall below 150 million units for the year Joshi mentionedSmartphone average selling prices ASPs surged to a record 294 in Q3 growing 137 per cent yearoveryear YoY driven by strong demand for premium and higherspec models IANS https://dailyworld.in/science/indias-smartphone-market-at-5-year-high-apple-logs-highest-ever-quarterly-shipments-648033.html Tue, 11 Nov 2025 15:12:00 +0530 https://dailyworld.in/science/sip-inflows-hit-all-time-high-of-rs-29-529-crore-in-oct-648037.html Mumbai Nov 11 The systematic investment plan SIP inflow in October registered a monthonmonth MoM growth to reach an alltime high of Rs 29529 crore compared to Rs 29361 crore in September data from the Association of Mutual Funds in India AMFI showed on Tuesday Despite volatility in the domestic equity market during the month the steady growth in SIP in the month reflects the strong retail participation which led the mutual fund industrys total assets under management AUM to increase to Rs 7987 lakh crore from Rs 7561 lakh crore a month earlierContinued SIP inflow remains the most encouraging strength holding steady at around Rs 29500 crore This underlines the maturity and resilience of retail investors who are staying disciplined with their longterm wealth creation goals despite shortterm market fluctuations said Suranjana Borthakur Head of Distribution and Strategic Alliances Mirae Asset Investment Managers IndiaWe believe investors should continue their SIPs as staying invested through market cycles remains the best way to build wealth over time she addedFlexicap category increased inflows compared to last month while most other equity categories had lower inflows and overall equity inflows were lowerThe general reading from the fund flows data shows that overall investors remain confident of equities and continue allocating large amounts to equities however some investors feel less confident and are allocating to debtoriented schemes like arbitrage multi asset and corporate bond funds and also to gold said Dr Vikas Gupta CEO and Chief Investment Strategist at OmniScience CapitalMeanwhile gold exchangetraded funds ETFs continued to attract steady investor interest with net inflows of Rs 7743 crore the data showedWith cumulative net inflows of Rs 27573 crore in 2025 gold ETFs remain among the most resilient segments in the passive space reaffirming their growing role in portfolio stability and risk mitigation said Nehal Meshram Senior Analyst Manager Research Morningstar Investment Research IndiaThe sustained momentum highlights investors continued preference for gold as a safehaven and portfolio diversifier amid lingering geopolitical risks global market volatility and uncertainty around the interestrate trajectory of major central banks IANS https://dailyworld.in/science/sip-inflows-hit-all-time-high-of-rs-29-529-crore-in-oct-648037.html Tue, 11 Nov 2025 15:15:00 +0530 https://dailyworld.in/science/indian-stock-market-continues-upward-trend-as-it-auto-stocks-lead-648065.html Mumbai Nov 11 The domestic equity indices closed at a higher note for the second consecutive day on Tuesday amid buying in IT auto metal and FMCG sectors The rally was further sustained by positive global cues as the US Senate passed a bill to end the longestever federal shutdown Sensex ended the session at 8387132 up 33597 points or 040 per cent The 30share index opened trading higher at 8367152 against the last sessions closing of 8353535 The index rose further to hit an intraday high at 8393647 buoyed by persistent buying in IT and auto stocksNifty closed at 2569495 up 120 points or 047 per centThe domestic market opened on a subdued note amid concerns over potential implications of the Delhi explosion However it recovered smartly and closed at the days high supported by global cues as the US Senate passed a bill to end the longestever federal shutdown said Vinod Nair Head of Research Geojit Investments LimitedImportantly the Q2 results season is nearing its end and is expected to conclude on a positive note driven by betterthanexpected performance by the broader market he addedBEL Adani Ports Mahindra and Mahindra HCL Tech Eternal Bharti Airtel Infosys Sun Pharma Hindustan Unilever LampT Tech Mahindra and TCS were the top gainers from the Sensex basket Bajaj Finance Bajaj FinServ and Tata Motors PV ended the session in negative territoryThe majority of sectoral indices ended the session green amid continued buying momentum Nifty IT rose 428 points or 120 per cent Nifty Auto surged 288 points or 107 per cent Nifty FMCG increased 188 points or 034 per cent and Nifty Bank jumped 200 points or 035 per centBroader indices experienced a mixed approach amid buying in midcap and selling in smallcap stocks Nifty Midcap 100 rose 302 points or 050 per cent Nifty Small Cap 100 fell 37 points or 021 per cent and Nifty 100 closed 109 points or 042 per cent IANS https://dailyworld.in/science/indian-stock-market-continues-upward-trend-as-it-auto-stocks-lead-648065.html Tue, 11 Nov 2025 16:53:00 +0530 https://dailyworld.in/science/us-firm-federal-card-services-enters-india-with-250-million-investment-create-over-1-000-jobs-648070.html Mumbai Nov 11 USbased Federal Card Services FCS on Tuesday announced its entry in India with an investment of 250 million across its three core business pillars technology real estate and services As part of this expansion the global leader in premium metal and sustainable payment cards is developing its first manufacturing facility in PuneThe new plant will produce 100 per cent metal cards and biodegradable cards marking a major milestone in Indias growing fintech manufacturing ecosystemFCS said it aims to strengthen Indias fintech supply chain and create over 1000 direct jobs integrating sustainable manufacturing practices that align with Indias Make in India and green growth visionWith Phase 1 of the 32000 sq ft facility completed FCS is now focused on equipment calibration and workforce training ahead of operations commencing in February 2026 The facility will commence with an initial capacity of 2 million cards per year scaling up to 267 million cards annuallyIndia is central to our next phase of growth globally With its strong fintech ecosystem engineering excellence and manufacturing capabilities India offers the perfect foundation for scaling sustainable innovation said Matias Gainza Eurnekian CEO Federal Card Services FCSOur investment in Pune marks the beginning of a longterm commitment to build design and payment solutions from India to the world We see India not just as a market but as a strategic hub for innovation talent and responsible manufacturing Eurnekian addedThrough this investment FCS aims to support Indias ambition to become a global hub for advanced and sustainable manufacturing The company currently works with Axis Bank VISA Mastercard and FPL Technologies OneCardThe cards produced by FCS and designed in collaboration with global innovation partners represent a revolutionary alternative to PVC plasticWith its investment in India FCS is reinforcing its global leadership in innovation sustainability and highend design in the payment solutions industry It operates across five continents and serves over 100 clients IANS https://dailyworld.in/science/us-firm-federal-card-services-enters-india-with-250-million-investment-create-over-1-000-jobs-648070.html Tue, 11 Nov 2025 17:27:00 +0530 https://dailyworld.in/science/us-firm-federal-card-services-enters-india-with-250-million-investment-to-create-over-1-000-jobs-648071.html Mumbai Nov 11 USbased Federal Card Services FCS on Tuesday announced its entry in India with an investment of 250 million across its three core business pillars technology real estate and services As part of this expansion the global leader in premium metal and sustainable payment cards is developing its first manufacturing facility in PuneThe new plant will produce 100 per cent metal cards and biodegradable cards marking a major milestone in Indias growing fintech manufacturing ecosystemFCS said it aims to strengthen Indias fintech supply chain and create over 1000 direct jobs integrating sustainable manufacturing practices that align with Indias Make in India and green growth visionWith Phase 1 of the 32000 sq ft facility completed FCS is now focused on equipment calibration and workforce training ahead of operations commencing in February 2026 The facility will commence with an initial capacity of 2 million cards per year scaling up to 267 million cards annuallyIndia is central to our next phase of growth globally With its strong fintech ecosystem engineering excellence and manufacturing capabilities India offers the perfect foundation for scaling sustainable innovation said Matias Gainza Eurnekian CEO Federal Card Services FCSOur investment in Pune marks the beginning of a longterm commitment to build design and payment solutions from India to the world We see India not just as a market but as a strategic hub for innovation talent and responsible manufacturing Eurnekian addedThrough this investment FCS aims to support Indias ambition to become a global hub for advanced and sustainable manufacturing The company currently works with Axis Bank VISA Mastercard and FPL Technologies OneCardThe cards produced by FCS and designed in collaboration with global innovation partners represent a revolutionary alternative to PVC plasticWith its investment in India FCS is reinforcing its global leadership in innovation sustainability and highend design in the payment solutions industry It operates across five continents and serves over 100 clients IANS https://dailyworld.in/science/us-firm-federal-card-services-enters-india-with-250-million-investment-to-create-over-1-000-jobs-648071.html Tue, 11 Nov 2025 17:27:00 +0530 https://dailyworld.in/science/indias-private-hospital-sector-to-almost-double-to-202-billion-by-2030-report-648073.html New Delhi Nov 11 Indias private hospital sector is projected to reach 2025 billion by 2030 from an estimated 1223 billion in 2025 driven by rising demand private investment government initiatives and technology adoption such as AI and telemedicine a report said on Tuesday India needs 24 million additional hospital beds necessitating 2 billion square feet of space to build the healthcare infrastructure the report from credit rating agency Brickwork Ratings saidThe sector recorded 72 deals worth 35 billion in Q3 2025 up 166 per cent quarteronquarter in total deal valueIn 2024 Indias hospital sector experienced significant mergers and acquisitions MampA reflecting robust investor interest and a strategic shift towards expanding healthcare services across the country the report notedThe outlook for credit ratings of the private hospital industry in India is Positive due to robust demand healthy financial performances effective risk management and robust expansion strategies by leading hospital chains said Rajeev Sharan Head of Research Brickwork RatingsThe report said that Indias medical tourism market valued at 87 billion in 2025 is set to almost double to 162 billion by 2030 driven by affordable highquality care and streamlined visa processesRanking 10th in the Medical Tourism Index India attracted 73 million foreign patients in 202324 with rising demand for specialised treatments and strong international partnerships boosting growthLeading hospitals reported a rise in ARPOB average revenue per occupied bed which now ranges from about Rs 38000 to over Rs 74000 per bed per day the report saidARPOB is expected to grow in the coming years on account of improving speciality and payer mix and rising demand for highvalue procedures it addedFurther it predicted that the average length of stay ALOS is expected to remain low at around 34 days through 2030 leading to better bed utilisation Low ALOS is driven by ongoing operational improvements technological upgrades and faster patient throughput IANS https://dailyworld.in/science/indias-private-hospital-sector-to-almost-double-to-202-billion-by-2030-report-648073.html Tue, 11 Nov 2025 17:29:00 +0530 https://dailyworld.in/science/uidai-to-use-behavioural-insights-to-boost-adoption-of-mbu-among-kids-648102.html New Delhi Nov 11 The Unique Identification Authority of India UIDAI on Tuesday said it will use behavioural insights to enhance adoption of Mandatory Biometric Update MBU after waiving all charges for MBU in Aadhaar for children Towards this UIDAI has partnered with research consultancy Behavioural Insights Limited BIT to help children and youngsters access vital services through the timely updation of biometric in their AadhaarThe MoU aims to increase MBU in Aadhaar for 5 year and 15yearold and to address behavioural logistical and awarenessrelated barriers to ensure timely updates enabling seamless access to services and benefits linked to AadhaarTailored behavioural interventions will be designed tested and implemented to encourage Aadhaar MBU updates said IT MinistryBhuvnesh Kumar CEO of UIDAI said When technology is aligned with human behaviour digital identity evolves from a purely technical process into a more seamless trustworthy and empowering experience Through this MoU we hope to achieve this effectRachel Coyle CEO of BIT underlined that a new evidencebased understanding of human behaviour can boost updates of Aadhaar and help Aadhaar number holders get access to crucial public servicesOnce enrolled in Aadhaar a child needs to update biometric fingerprint iris and photo on attaining the age of 5 and then again on attaining the age of 15 yearsUIDAI has been making continuous efforts to enhance MBU adoption among the target groupsIn a propeople measure UIDAI has waived off all charges for MBU for the 715 age group which is expected to benefit around 6 crore childrenThe waiver of MBU charges for the said age group has already kicked in effective October 1 2025 and will be in force for a period of one year IANS https://dailyworld.in/science/uidai-to-use-behavioural-insights-to-boost-adoption-of-mbu-among-kids-648102.html Tue, 11 Nov 2025 19:37:00 +0530 https://dailyworld.in/science/chhattisgarh-attracted-rs-75-lakh-crore-investment-proposals-in-10-months-cm-vishnudeo-sai-648142.html New Delhi Nov 11 Chhattisgarh Chief Minister Vishnudeo Sai on Tuesday said that the state has received investment proposals worth about Rs 75 lakh crore within just 10 months of introducing its new industrial policy Addressing the media after the Chhattisgarh Investor Connect event held in Ahmedabad Sai said the new policy has created a favourable environment for industries and investors alikeâThe Chhattisgarh Investor Connect was organised in the holy land of Ahmedabad We have introduced a new industrial policy in our state which is proving to be very effective Investment proposals worth approximately Rs 75 lakh crore have been received in 10 monthsâ he saidSai added that memorandums of understanding MoUs were signed with around eight companies during the event bringing in fresh investment proposals worth Rs 33000 croreâEntrepreneurs from Gujarat have shown great interest Chhattisgarh offers abundant resourcesâcoal electricity water and skilled manpowerâwhich make it an ideal destination for industriesâ he said welcoming the prospective investorsThe Chief Minister also shared updates from the event on the social media platform XHe said he met Devanshu Gandhi Managing Director of the Vadilal Group to explore opportunities in the food processing sector with plans to set up a unit manufacturing ice cream frozen foods and other processed food products in the stateIn another post Sai mentioned his meeting with Jinal Mehta Vice President of the Torrent Group who appreciated Chhattisgarhâs investmentfriendly ecosystem and proposed investments worth Rs 22900 crore in the power sector and Rs 200 crore in the pharmaceutical sectorMeanwhile Vishnudeo Sai also participated in the Bharat Parv celebrations at Ekta Nagar in Kevadia Gujarat marking the 150th birth anniversary of Sardar Vallabhbhai PatelâBharat Parv is being celebrated on this occasion with participation from states across the country Chhattisgarhâs pavilion showcased our culture textiles and cuisineâ he saidThe Chief Minister said the growing investor confidence reflects Chhattisgarhâs emergence as a major industrial hub in central India driven by its proactive policies and resourcerich landscape IANS https://dailyworld.in/science/chhattisgarh-attracted-rs-75-lakh-crore-investment-proposals-in-10-months-cm-vishnudeo-sai-648142.html Tue, 11 Nov 2025 23:48:00 +0530 https://dailyworld.in/science/all-passengers-safe-says-spicejet-after-flight-makes-emergency-landing-647784.html New Delhi Nov 10 A SpiceJet flight from Mumbai to Kolkata made an emergency landing due to failure in one of its engines according to Kolkata Airport officials The airline said in a statement on Monday that all passengers and crew members are safe On November 9 SpiceJet flight SG 670 operating from Mumbai to Kolkata experienced a technical issue during descent at Kolkata airport The aircraft landed safely and all passengers and crew deplaned normally according to a statement from a SpiceJet spokesperson The full emergency was lifted at 1138 pmOn September 12 a SpiceJet Q400 flight from Gujarats Kandla airport to Mumbai made a similar emergency landing at Chhatrapati Shivaji Maharaj International Airport CSMIA after an outer wheel was found on the runway following takeoff The plane landed safely with all passengers and crew unharmedMeanwhile several airlines including Air India IndiGo and SpiceJet alerted passengers of delays due to a malfunction in the Air Traffic Control system at Indira Gandhi International Airport in Delhi resulting in several delayed flightsAirlines such as Air India IndiGo and SpiceJet urged passengers to check their flight status before departure to the airport and confirmed that staff were available to assist travellers to reduce inconvenienceThe technical issue was resolved and the flight operations are now normal according to airport officialsSpiceJet slipped into losses during the AprilJune quarter reporting a consolidated net loss of Rs 234 croreThis is a sharp reversal from the net profit of Rs 15818 crore it had posted in the same quarter previous yearSpiceJets revenue from operations also dropped nearly 36 per cent yearonyear YoY which it attributed to geopolitical tensions with a neighbouring country and restrictions in international airspace which hit demand for leisure travelIt also faced delays in bringing grounded aircraft back into service due to global supply chain issues and engine maintenance problems IANS https://dailyworld.in/science/all-passengers-safe-says-spicejet-after-flight-makes-emergency-landing-647784.html Mon, 10 Nov 2025 10:38:00 +0530 https://dailyworld.in/science/gold-and-silver-prices-up-by-2-pc-over-positive-global-cues-647789.html New Delhi Nov 10 Gold and silver prices went up on Monday driven by positive global cues and the possibility of the US Fed lowering interest rates next month At around 10 am on the Multi Commodity Exchange MCX the price of the December 5 2025 contract for gold rose 116 per cent to Rs 122468 per 10 grams and the price of the December 5 2025 contract for silver rose 199 per cent to Rs 150666 per kgGold prices fell after reaching a record high in October However the fresh momentum in the yellow metal is being driven by growing concerns about the health of the US economy and the possibility of an interest rate cut next monthAccording to Rahul Kalantri Vice President of Commodities at Mehta Equities prices were highly volatile throughout the week but managed to recover from lower levels after weak US consumer sentiment figures and uncertainty over when the US government shutdown will endThe shutdown has entered a record duration increasing concerns about the broader US economic outlook prompting renewed safehaven demand he mentionedGold and silver also saw gains in the international markets Gold was up 132 per cent at 4062 per ounce on Comex and silver up 232 percent at 4926 per ounceMarket watchers further stated that the dollar index softened as well lending additional support to bullion prices Gold has support at 39553920 while resistance at 40404065 Silver has support at 47804745 while resistance is at 48554885In Indian rupee gold has support at Rs 120450119880 while resistance at Rs 121790122400 Silver has support at Rs 146850145900 while resistance at Rs 148840 149780Additionally WTI crude regained momentum on Monday rising past 60 per barrel as traders awaited fresh insight from OPEC and the IEAHowever the broader picture remains mixed OPEC a coalition of 22 oilexporting countries is easing production limits US producers are ramping up output and expectations of a looming supply surplus continue to weigh on confidence IANS https://dailyworld.in/science/gold-and-silver-prices-up-by-2-pc-over-positive-global-cues-647789.html Mon, 10 Nov 2025 11:00:00 +0530 https://dailyworld.in/science/demat-accounts-opened-in-october-touch-10-month-high-data-647794.html Mumbai Nov 10 New demat accounts opened in October exceeded 30 lakh marking a 10month high and a 22 per cent increase from 246 lakh in September data from depositories showed Analysts attributed the surge to a rebound in equity markets return of foreign fund inflows and flood of initial public offerings IPO that has heightened investor interest Total demat accounts reached a record 21 crore up from 207 crore the previous monthIn October Indias primary market saw a record number of mainboard IPOs with 10 offerings aiming to raise over Rs 44930 crore marking the largest monthly fundraising target in the countrys capitalmarket historyAnalysts also attributed the spike to robust market conditions across broader indices Equity benchmarks Sensex and Nifty rose in October approximately 3 per cent while the BSE Midcap and Smallcap indices gained 4 per cent and 3 per cent respectivelyForeign institutional investors who had been net sellers for several months turned buyers and invested around 16 billion in domestic equitiesThe domestic stock market is expected to remain sideways to a consolidating phase as the equity indices show mild selling pressure at a higher level in the weekly chartOn the domestic front investors will be focused on Indias CPI and WPI inflation figures this week which are expected to shed light on the inflation trend and future policy directionGlobal investment bank Goldman Sachs GS has turned bullish on India upgrading its rating on Indian equities to Overweight and setting a Nifty target of 29000 by end2026 implying a potential 14 per cent upside from current levelsGoldman Sachs said recent trends suggest a turnaround in sentiment as valuations have cooled and foreign risk appetite improvesThe investment bank said growth will be supported by the Reserve Bank of Indias easing measures including rate cuts improved liquidity and bank deregulation along with GST reductions and slower fiscal consolidation IANS https://dailyworld.in/science/demat-accounts-opened-in-october-touch-10-month-high-data-647794.html Mon, 10 Nov 2025 11:40:00 +0530 https://dailyworld.in/science/india-makes-significant-strides-to-address-mental-health-issues-647820.html New Delhi Nov 10 Mental health remains a pressing global challenge and while India has made significant strides through initiatives like Tele MANAS and the National Mental Health Programme building a mentally healthier society requires strengthening awareness expanding workforce training and investing in digital solutions according to government data About 106 per cent of Indian adults roughly 11 out of every 100 adults were living with a diagnosable mental health disorder according to a 201516 National Mental Health Survey NMHS conducted by the National Institute of Mental Health and Neurosciences NIMHANSAccording to a NIMHANS study from 2019 mental health disorders are more prevalent among women 20 per cent than men 10 per cent Women in India are found to be particularly more prone to conditions like depression anxiety and somatic complaints compared to their male counterpartsSuicide rates in India are on the rise According to the 2023 National Crime Records Bureau NCRB report Accidental Deaths amp Suicides in India 171418 suicides were reported in the country in 2023 and the NCRB report revealed a significant gender disparity in suicides males accounted for 728 per cent of all suicides while females accounted for 272 per centRecognising mental healthcare as a vital component of overall wellbeing India has taken a major step toward universal health coverage by integrating mental health services into primary care through Ayushman Arogya Mandirs under the Ayushman Bharat initiativeUnder the Ayushman Bharat initiative over 175 lakh Sub Health Centres SHCs and Primary Health Centres PHCs have been upgraded into Ayushman Arogya Mandirs where mental health services are now an integral part of Comprehensive Primary Health CareThis integration ensures accessible and inclusive mental health support at the grassroots levelThrough Ayushman Bharat PMJAY mental health conditions are covered under a Rs 5 lakh per family annual insurance with over 135 lakh admissions worth Rs 12019 crore authorised between FY 202122 to FY 202324During the pandemic the Ministry of Health and Family Welfare launched a 247 national helpline 0804611 0007 to provide psychosocial support and counselling for individuals affected by stress anxiety and other mental health challenges IANS https://dailyworld.in/science/india-makes-significant-strides-to-address-mental-health-issues-647820.html Mon, 10 Nov 2025 14:33:00 +0530 https://dailyworld.in/science/lenskart-shares-make-muted-debut-slips-nearly-9-pc-to-days-low-of-rs-355-647823.html Mumbai Nov 10 Eyewear retailer Lenskart Solutions Ltd made a tepid debut on stock exchanges on Monday despite strong investor interest in its Rs 7278 crore initial public offering IPO The companys shares were listed at Rs 390 apiece on the BSE a discount of about 3 per cent to its issue price of Rs 402 while opening slightly higher at Rs 395 on the NSE Soon after listing the stock slipped to an intraday low of Rs 35570 down over 9 per cent from the issue price However it later recovered sharply in afternoon trade climbing over 15 per cent from the days low to hit an intraday high of Rs 41380At around 2 pm the Lenkarts shares were trading flat to their IPO price The stock was trading at Rs 40455 up 06 per cent from the listing price Meanwhile domestic equity indices were trading in positive territory Sensex was at 8363053 up 414 points or 05 per cent and Nifty was at 2561585 up 122 points or 048 per centThe IPO had been among the most keenly watched this year and witnessed robust demand being subscribed 28 times overall Investors bid for 28188 crore shares against the 997 crore shares on offer according to exchange dataThe Qualified Institutional Buyers QIB segment drove the response subscribing 4035 times the shares reserved for them while noninstitutional investors NIIs subscribed 1823 timesRetail participation was also strong despite the relatively high price band of Rs 382Rs 402 per shareThe public offer comprised a fresh issue of shares worth Rs 215074 crore and an offer for sale OFS of Rs 512802 croreThe muted debut reflected cooling sentiment in the grey market where the premium had slipped to about 2 per cent ahead of listing indicating expectations of only a marginal upside Despite the soft start Lenskarts quick recovery in afternoon trade hinted at continued investor interest in the fastgrowing eyewear brand IANS https://dailyworld.in/science/lenskart-shares-make-muted-debut-slips-nearly-9-pc-to-days-low-of-rs-355-647823.html Mon, 10 Nov 2025 14:52:00 +0530 https://dailyworld.in/science/premium-hotel-occupancies-in-india-to-grow-5-6-pc-in-fy26-fy28-demand-to-outpace-supply-647864.html New Delhi Nov 10 India is likely to see a compound annual growth rate CAGR of 56 per cent in premium hotel room additions between FY25 and FY28 as demand is expected to grow at a faster pace of 810 per cent according to a report on Monday As a result occupancies across premium hotels are projected to improve by 200 bps to 7274 per cent and average room rents ARRs to Rs 82008500 in FY26 36 per cent higher over the previous year said rating agency ICRA in its report maintaining a Stable outlook on the Indian hospitality industryIndias annual premium hotel room inventory across 12 major cities crossed the 1 lakh mark in FY2023 and is slated to cross 12 lakh keys in the next fiscal said Srikumar Krishnamurthy Senior Vice President and CoGroup HeadCorporate Ratings ICRAHowever demand growth is expected to continue to outpace the supply addition at least over the next three yearsICRA expects the premium room inventory across these cities to grow at a CAGR of 56 per cent over FY25FY28 while demand is expected to augment in the range of 810 per cent in this periodThe premium hotel key additions are democratised in this cycle across tier 1 and tier 23 cities given the increased acceptance of the latter among travellers and space and land constraints in the formerWith three years of doubledigit revenue expansion over FY2023 to FY2025 and the growth momentum continuing in the current fiscal the Indian hospitality industry has fared well in recent yearsBuoyed by the strong demand sentiments and the improved earnings profile of hospitality players the sector continues to see investments for supply additions and room upgradations to encash on the opportunities the report mentionedCertain pockets within the hospitality segment such as airport hotels and spiritual tourism have garnered healthy interest over recent years with 20002500 premium keys in the pipeline in each of these segments which is estimated at around 1015 per cent of the total premium supply pipeline IANS https://dailyworld.in/science/premium-hotel-occupancies-in-india-to-grow-5-6-pc-in-fy26-fy28-demand-to-outpace-supply-647864.html Mon, 10 Nov 2025 16:59:00 +0530 https://dailyworld.in/science/private-capex-boosts-indias-mediumterm-growth-25-bps-repo-cut-likely-report-647865.html New Delhi Nov 10 Indias mediumterm growth outlook remains constructive with improving private capital expenditure and resilient consumption which supported a strong recovery in equities in October a report said on Monday Nifty valuations are modestly above the 10year average we remain constructive on Indian equities the report from HSBC Mutual Fund saidIn debt markets the HSBC fund house said the 24 year corporate bond segment offers attractive opportunities adding that inflation outlook and growth uncertainty raise the odds of a 25 bps rate cut on December 5Regarding equities the report said The growth cycle may be bottoming out Interest rate and liquidity cycles decline in crude prices and a normal monsoon support a pickup in growthThe mutual fund said that the GST rate cut and prior income tax cuts should boost private consumption and support private capex amid global uncertaintyGovernment investment manufacturing push and a real estate recovery should sustain mediumterm investment momentum it addedIndian equities recovered strongly in October with Sensex and Nifty up over 4 per cent aided by FII inflows and improved domestic sentimentThe NSE Midcap index rose 48 per cent and the BSE Smallcap index gained 32 per centReal estate led sectoral performance while oil amp gas metals banks and IT outperformed the Nifty even as healthcare power FMCG and autos underperformedThe upcoming macro prints such as November CPI inflation trade deficit GDP and GST collections will be closely watched by the central bank for its rate guidanceThe report noted tight liquidity despite RBI foreignexchange interventions adding that markets expect liquidity infusion via open market purchase OMO purchases IANS https://dailyworld.in/science/private-capex-boosts-indias-mediumterm-growth-25-bps-repo-cut-likely-report-647865.html Mon, 10 Nov 2025 17:01:00 +0530 https://dailyworld.in/science/over-1-760-gccs-in-india-fast-becoming-frontlines-of-enterprise-transformation-nasscom-647880.html New Delhi Nov 10 More than 1760 Global Capability Centres GCCs in India are no longer the backoffice engines of the world but are fast becoming the frontlines of enterprise transformation a Nasscom report said on Monday Employing nearly 19 million professionals GCCs in the country power the digital backbone of almost half of the Fortune 500Nearly 70 per cent of all new GCCs set up across Asia are choosing India not just for its talent density but for its growing ecosystem of deeptech capability serviceprovider partnerships and designled thinking according to the report by Nasscom developed with Oliver Wyman and R SystemsThe GCC model is entering a pivotal phase demanding deep partnerships and rapid movement to leverage these centers as primary engines of innovation resilience and enterprise value For India the next decade of global digital progress will be built on partnership models architected in India where GCCs and service providers jointly define how enterprises grow innovate and compete the findings showedThe report identifies a new operating construct for the NextGen GCCs that is built on strategic partnerships between headquarters GCCs and tech service providersThese are integrated ecosystems where partners jointly cocreate run and scale capabilities Flexible models such as BuildOperateTransferManage BOX Joint Ventures Modern Talent Augmentation and CoInnovation Partnerships are reshaping how enterprises accelerate transformation at speed and scaleThis evolution reflects a global shift in enterprise expectation GCCs must now own innovation pipelines drive PampL impact and create autonomous value that keeps pace with AInative disruptionTo effectively navigate this evolving landscape the report outlines five building blocks for success a shared enterprise vision operating excellence resilient governance magnetic talent and technologyled innovationFor Service Providers the imperative is deeper play and more adaptability requiring investment in specialized talent defining a forward value proposition and tweaking operating models ultimately transitioning to lifecycle partners delivering measurable business impact the report noted IANS https://dailyworld.in/science/over-1-760-gccs-in-india-fast-becoming-frontlines-of-enterprise-transformation-nasscom-647880.html Mon, 10 Nov 2025 17:46:00 +0530 https://dailyworld.in/science/pm-modis-visit-to-bolster-india-bhutan-trade-and-investment-ties-647893.html New Delhi Nov 10 Prime Minister Narendra Modis visit to Bhutan scheduled from November 11 to 12 will aim at strengthening Indias trade and investment ties with the Himalayan Kingdom Indias unique trade relations with Bhutan are governed by the 2007 IndiaBhutan Friendship Treaty and the 2016 IndiaBhutan Agreement on Trade Commerce and Transit which establishes a free trade regime between the two countries and also provides Bhutan duty free transit of goods to and from third countriesIndia has consistently been Bhutans top trading partner both as an import source and as an export destination Indias share of Bhutans total trade grew from 7917 per cent in 2023 to 7988 per cent in 2024In value terms in 2024 JanuaryDecember Indias bilateral trade with Bhutan was Rs 12669 crore of which Indias exports to Bhutan amounted to Rs 9538 crore and Indias imports from Bhutan were Rs 3131 croreIndia has provided special exemption from any restrictions or prohibitions on export of essential commodities to Bhutan At the request of Bhutan a number of trade points routes have been approved for facilitating Bhutans exports to India and also to third countries Recently a B2B agreement for supply of various fertilisers to Bhutan was signedFurther enhancing connectivity between the two countries is a priority for both the countries This includes establishing crossborder rail links strengthening road connectivity establishing Integrated Check Posts and trade routes new immigration points multimodal trade routes and digital connectivityOn September 29 2025 an intergovernmental MoU for the establishment of railway links between India and Bhutan was signed in New Delhi Under the MoU two rail links KokrajharGelephu 69 km and BanarhatSamtse 20 km will be implemented with a total estimated cost of Rs 403334 croreTo facilitate the movement of people including third country nationals an Immigration Check Post was inaugurated at Darranga Assam on November 7 2024 The Jogigopha Inland Waterway Terminal inaugurated in January 2025 in presence of the Minister of Industry Commerce and Employment of Bhutan will further enhance regional trade connectivityThe two countries also enjoy longstanding and mutuallybeneficial cooperation in the hydropower sector Till date India has jointly developed five major hydroelectric projects HEPs in Bhutan totaling 3156 MW including 336 MW Chukha HEP 60 MW Kurichhu HEP 1020 MW Tala HEP 720 MW Mangdechhu HEP and the recently completed August 2025 1020 MW PunatsangchhuII HEPA 1200 MW PunatsangchhuI HEP is under construction India has also been facilitating market access for Bhutans power sale in India such as Basochhu and Nikachhu HEPs to trade their energy in Indian Energy Exchange IEXSpace cooperation is a new area of bilateral cooperation In 2019 Prime Minister Modi and then Prime Minister Dr Lotay Tshering jointly inaugurated the Ground Earth Station of the South Asia Satellite in Thimphu Subsequently the two sides jointly developed the IndiaBhutan SAT which was launched on November 26 2022 by ISRO The Indian government has been extending capacity building opportunities to Bhutanese engineers in the space sectorFintech is another domain of collaboration between India and Bhutan The RuPay Card was launched in Bhutan in two phases Phase I 2019 and PhaseII 2020 to enable crossborder payments using RuPay cards In 2021 Indias BHIM UPI application was launched in Bhutan The usage of the RuPay cards and BHIM UPI has increased since their launchIndia has also supported Bhutans initiatives such as the Gyalsung National Service Programme one year mandatory training for all Bhutanese youth attaining the age of 18 years New Delhi extended grant assistance of Rs 200 Crore to the Gyalsung Project and through a concessionary loan of Rs 1500 crore to build the infrastructure for the Gyalsung academies The two sides have also been engaged in training programmes for GyalsungBesides India has conveyed full support to Bhutans Gelephu Mindfulness City project GMC which is an initiative of the King of Bhutan IANS https://dailyworld.in/science/pm-modis-visit-to-bolster-india-bhutan-trade-and-investment-ties-647893.html Mon, 10 Nov 2025 18:38:00 +0530 https://dailyworld.in/science/kpit-technologies-q2-net-profit-dips-17-pc-to-rs-169-crore-revenue-up-647896.html Mumbai Nov 10 KPIT Technologies on Monday reported a 17 per cent yearonyear YoY decline in its consolidated net profit for the second quarter of this fiscal Q2 FY26 at Rs 16908 crore The company which offers software development and integrated services for the automotive and mobility industries had posted a net profit of Rs 2037 crore in the corresponding quarter a year ago Q2 FY25 Its net profit slipped over 28 per cent sequentially as well from Rs 17189 crore in the first quarter of FY26The decline in profit was largely attributed to higher expenses as the companys total expenses for the quarter under review rose over 9 per cent YoY to Rs 1358 crore from Rs 12359 croreRevenue from operations however went up to Rs 15877 crore marking around 8 per cent growth YoY from Rs 14714 crore and a 31 per cent increase quarteronquarter QoQ from Rs 15387 croreThis increment was driven by robust demand from European markets despite there was a slight decline in its American businessRevenue from the UK and Europe rose 136 per cent sequentially to Rs 8283 crore offsetting a dip in the Americas where revenue fell to Rs 4424 crore from Rs 4569 crore in the previous quarterThe companys operating performance improved with EBITDA margin expanding to 211 per cent and EBIT margin at 164 per cent during the quarterAccording to its exchange filing the company has also secured a new total contract value of over 1940 crore which includes a significant multiyear partnership with a leading European automotive manufacturer to drive softwaredefined vehicle SDV transformationDespite ongoing global uncertainties we are seeing signs of renewed optimism in the mobility ecosystem Our strategic investments such as the Caresoft Engineering Solutions Business acquisition closure in Q2 and the stake increase in NDream coupled with the investment in helmai in Q3 are strengthening our foundation and expanding our capabilities said Kishor Patil Cofounder CEO and MD KPITAs the industry accelerates toward softwaredefined vehicles KPITs focus on nextgeneration technologies AIdriven solutions and deep client partnerships positions us to lead this transformation he added IANS https://dailyworld.in/science/kpit-technologies-q2-net-profit-dips-17-pc-to-rs-169-crore-revenue-up-647896.html Mon, 10 Nov 2025 18:40:00 +0530 https://dailyworld.in/science/govt-signs-mous-with-over-50-firms-to-boost-manufacturing-startup-ecosystem-647747.html New Delhi Nov 9 The Department for Promotion of Industry and Internal Trade DPIIT has signed agreements with more than 50 companies to strengthen Indias manufacturing and innovation ecosystem for startups The initiative aims to encourage collaboration between large corporations and emerging manufacturing startups to foster innovation develop new products and create sustainable industrial growthAccording to an official DPIIT has been proactively engaging with corporates industry associations unicorns and sector veterans to highlight the importance of building manufacturingfocused incubators and the benefits of working closely with earlystage enterprisesThis is part of a larger effort to promote the startup ecosystem and encourage the industry to support innovation in manufacturing through incubators and partnerships the official notedThese collaborations are expected to provide critical support for manufacturing startups which often struggle with access to infrastructure capital and scaling opportunitiesManufacturingfocused incubators play a key role in this effort by offering pilot facilities design centres prototyping labs and shared manufacturing spaces all of which reduce the high capital investment burden faced by startupsSuch incubators also serve as an interface between startups and established industries enabling access to market opportunities risk capital and advanced technologies They can be established by corporations academic institutions or research organisationsThe DPIITs initiative is seen as a significant step toward creating a robust and collaborative manufacturing startup ecosystem supporting Indias broader goal of becoming a global hub for innovation and industrial growthDPIIT last month signed an MoU with Thermo Fisher Scientific TFS to accelerate innovation in Indias biotechnology sector and nurture a strong pipeline of highgrowth startups The partnership aims to support over 500 biotech startups in the next three years through strategic advisory technology access mentorship and investor connectAs part of the MoU TFS under Startup India DPIITs initiative Bharat Startup Grand Challenge BSGC will launch the BioVerse Challenge a nationwide platform to identify and nurture Indias most promising biotech entrepreneurs and the BioVerse Mentors Circle to provide skill development and technical training across leading bioincubators IANS https://dailyworld.in/science/govt-signs-mous-with-over-50-firms-to-boost-manufacturing-startup-ecosystem-647747.html Sun, 09 Nov 2025 19:35:00 +0530 https://dailyworld.in/science/centre-earns-rs-4-085-crore-through-sale-of-scrap-from-govt-offices-in-swachhata-drive-minister-647748.html New Delhi Nov 9 The Centre has earned as much as Rs 408524 crore through five dedicated annual cleanliness Swachhata campaigns lasting one month each since 2021 through disposal of scrap including electronic scrap from different central government offices as part of the Special Swachhata campaign Union Minister Dr Jitendra Singh said on Sunday The minister also disclosed that another significant outcome of the campaign was that 23175 lakh square feet of space has been freed for productive utility which was earlier choked and blocked with waste material worn out furniture and scrapInterestingly the amount of over Rs 4085 crore earned by selling off the scrap could be the total budget of one mega Space mission or multiple Chandrayaan Space missions while the total space freed was enough to bring up a huge mall or some other massive structure for economic activity the minister saidElaborating further Dr Singh recalled that in his very first Independence Day address Prime Minister Narendra Modi had given a call for Swachhata from the ramparts of the Red Fort Soon this turned into a mass campaign and over four lakh toilets were built in the first year itself Simultaneously he said a campaign was taken up to clear the junk of redundant office files broken furniture etc from the government officesHe said in 2021 on the advice of Prime Minister Narendra Modi it was decided that while Swachhata was an ongoing continuous movement during the month of October beginning from the Gandhi Jayanti 2nd October up to 31st October there would be a dedicated Special Swachhata campaign in which all the government Ministries and departments would be expected to actively participate and prepare regular reports of the tasks achievedFor the last three years or so Dr Singh observed that besides the conventional scrap there was also a lot of electronic scrap in the offices which could be disposed of not only to generate revenue for the State but could also be converted through recycling to generate wealth from wasteHe explained that at the end of the Special Swachhata campaign 40 last year nearly Rs 3300 crore had been earned to which Rs 78853 crore was added through this years Special Campaign 50 lasting from October 2 to October 31 2025 As a result the total amount earned so far is over Rs 4085 croreThis years Special Swachhata campaign 50 Dr Singh said also took place at a time when extensive Waste to Wealth activity has been undertaken by the Ministry of Science amp Technology This for example includes recycling of hospital waste through a technology developed by CSIRNIIST Thiruvanathapuram and deployed at AIIMS New Delhi recycling of cooked oil undertaken by CSIRIIP Dehradun and use of steel sludge for road construction through technology developed by CSIRCRRI New Delhi he added IANS https://dailyworld.in/science/centre-earns-rs-4-085-crore-through-sale-of-scrap-from-govt-offices-in-swachhata-drive-minister-647748.html Sun, 09 Nov 2025 20:06:00 +0530 https://dailyworld.in/science/sebi-warns-investors-about-unregulated-digital-gold-e-gold-products-647567.html Mumbai Nov 8 The Securities and Exchange Board of India SEBI has issued a warning to investors regarding digital gold or egold products available online stating that all such offerings operate outside the securities regulatory framework and hold significant risks for investors This situation may expose buyers to considerable counterparty and operational risks as these products are neither classified as securities nor regulated as commodity derivativesIt has come to the notice of SEBI that some digitalonline platforms are offering investors to invest in Digital GoldEGold Products Digital Gold is being marketed as an alternative for investment in physical gold the market regulator said in a statementSEBI informed that such digital gold products are different from SEBI regulated gold products as they are neither notified as securities nor regulated as commodity derivativesThey operate entirely outside the purview of SEBI Such digital gold products may entail significant risks for investors and may expose investors to counterparty and operational risks the statement saidSEBI clarified that none of the investor protection mechanisms under securities market purview shall be available for investments in such digital gold or EGold productsVarious online platforms and jewellers are promoting digital gold with minimal investment options starting at Rs 10 or Rs 100 They are also highlighting features like anytime buysell and the ability to redeem for physical jewellerySEBI emphasised that investment in gold can be made through regulated channels including exchangetraded commodity derivatives gold exchangetraded funds from mutual funds and electronic gold receipts that can be traded on stock exchanges These investments are facilitated by SEBIregistered intermediaries and are subject to the regulators frameworkIndias gold exchangetraded funds saw 850 million in net inflows in October taking the total to a record 305 billion the highestever for a single year according to the World Gold Council data IANS https://dailyworld.in/science/sebi-warns-investors-about-unregulated-digital-gold-e-gold-products-647567.html Sun, 09 Nov 2025 00:00:00 +0530 https://dailyworld.in/science/telecom-operators-embrace-ai-to-bolster-revenues-drive-efficiency-globally-647573.html New Delhi Nov 8 Leading telecoms globally are deploying artificial intelligence AI across network operations customer service and fraud prevention to drive efficiency and reduce costs according to a new report These initiatives are already contributing to EBITDA margin gains with predictive maintenance and automated support systems leading the way according to an IDC reportAI also enables personalised offerings and dynamic pricing boosting average revenue per user ARPU and reducing churnFraud detection systems enhanced by AI are helping reduce losses reinforcing customer trust and regulatory compliance With AI accelerating timetomarket for new services telecoms can better monetize emerging technologies like 5G and edge computingIn the longer term as AI continues to evolve it will be increasingly recognized not as a mere technological enhancement but as a strategic enabler poised to drive sustainable growth for telecommunications operators said the reportMeanwhile worldwide spending on telecommunication and pay TV services is projected to reach 1532 billion in 2025 representing an increase of 17 per cent yearonyear according to the IDC reportThe latest forecast is slightly more optimistic compared to the forecast published earlier this year as it assumes a 01 percentage point higher growth of the total market valueThe regional dynamics remain mixed with inflationary effects competition and Average Revenue per User ARPU trends playing a central role in shaping market trajectories said Kresimir Alic research director Worldwide Telecom Services at IDCThe breakdown by telecom service type confirms that established trends remain intact despite adjustments to overall market forecastsMobile continues to dominate driven by rising data consumption and the expansion of M2M applications which are offsetting declines in traditional voice and messaging revenuesFixed data services are also expected to grow steadily fuelled by increasing demand for highbandwidth connectivityThe global connectivity services market is projected to grow at a compound annual rate of 15 per cent over the next five years maintaining a cautiously optimistic outlook IANS https://dailyworld.in/science/telecom-operators-embrace-ai-to-bolster-revenues-drive-efficiency-globally-647573.html Sun, 09 Nov 2025 00:05:00 +0530 https://dailyworld.in/science/centre-generates-over-6794-lakh-digital-life-certificates-for-pensioners-this-year-647575.html New Delhi Nov 8 As many as 6794 lakh digital life certificates DLCs have been generated to enhance the ease of living of pensioners so far this year of which 4042 lakh are through face authentication according to an official statement on Saturday In five days from November 15 2560 lakh DLCs have been generated of which 1562 lakh 61 per cent are through face authentication More than 37000 DLCs of pensioners above 90 years and 985 of pensioners above 100 years have been generated the statement saidThe face authentication technique can be carried out easily through smart phones anytime anywhere It enables easy DLC submission by pensioners and is particularly useful for aged and sick pensioners who do not have to visit any bank or pension disbursing authorityA nationwide DLC campaign 40 has been launched by the Department of Pension amp Pensioners Welfare in collaboration various stakeholders Pension Disbursing Banks India Post Payments Bank Pensioners Welfare Associations CGDA EPFO DoT Railways UIDAI and MeitY from November 130 2025 with the aim of touching all the pensioners in remotest corners of the countryV Srinivas Secretary Department of Pension and Pensioners Welfare inaugurated a mega camp organised by Punjab National Bank at the Sansad Marg branch hereAddressing the pensioners he highlighted the initiative taken by the government for their digital empowerment The introduction of digital modes of life certificate submission which has greatly enhanced their ease of living and is hugely beneficial to aged and sick pensionersPunjab National Bank is holding camps in 39 cities at 185 locations across the countryFace Authentication for Digital Life Certificate generation was carried out for pensioners during the mega camp The convenience of Life Certificate submission through digital modes in particular Face Authentication technique which enables Life Certificate generation Anytime Anywhere was highlighted during these DLC generations the statement added IANS https://dailyworld.in/science/centre-generates-over-6794-lakh-digital-life-certificates-for-pensioners-this-year-647575.html Sun, 09 Nov 2025 00:08:00 +0530 https://dailyworld.in/science/indias-urban-transformation-must-be-driven-by-sustainability-inclusivity-innovation-manohar-lal-647585.html New Delhi Nov 8 Union Housing and Urban Affairs Minister Manohar Lal on Saturday emphasised that Indias urban transformation must be driven by sustainability inclusivity and innovation He said that by 2047 Indian urban population will be around 50 per cent of total population and for them all stakeholders will have to come together and huge investments not only from central and state governments but also from private players and individuals will help in achieving the dream of Viksit BharatTowards this goal initiatives like Dumpsite Remediation Accelerator Programme DRAP Urban Invest Window UiWIN and Knowledge Management Unit KMU will play a crucial role in building cleaner greener and more liveable cities aligning with the vision of Viksit Bharat at 2047 he said while addressing the National Urban Conclave 2025 at Yashobhoomi hereThe minister launched DRAP which is a yearlong missionmode initiative aimed at fasttracking the remediation of remaining dumpsites across urban IndiaThe programme seeks to reclaim valuable urban land for community and infrastructure development thereby advancing Indias vision of achieving Lakshya Zero Dumpsites by September 2026Currently 1428 sites are undergoing remediation and about 80 per cent of the legacy waste is concentrated in 214 sites across 202 ULBs DRAP will prioritise these highimpact locations covering approximately 88 crore MT of legacy wasteTo support the goal of Lakshya Zero Dumpsites the central government provides financial assistance to cities considering an estimate of Rs 550 per tonne for legacy waste remediationThe minister also launched the Swachh Bharat Mission Knowledge Management Unit KMUThe unit is established by the Ministry of Housing and Urban Affairs MoHUA as a dedicated unit at the National Institute of Urban Affairs NIUA the KMU will serve as a national platform for capacity building knowledge creation and institutional learning under the Swachh Bharat MissionUrban frameworkAnother major initiative launched on the occasion was the Urban Invest Window UiWIN an initiative of HUDCO under the guidance of MoHUAUiWIN will serve as a onestop investment facilitation platform for Indian cities designed to attract private investments and enable access to longtenor concessional and competitive financing from multilateral institutions such as the World Bank and Asian Development BankThe platform will also promote PPPbased urban projects to accelerate sustainable infrastructure growth IANS https://dailyworld.in/science/indias-urban-transformation-must-be-driven-by-sustainability-inclusivity-innovation-manohar-lal-647585.html Sun, 09 Nov 2025 00:21:00 +0530 https://dailyworld.in/science/kospi-experiences-record-foreign-sell-off-in-1st-week-of-nov-647642.html Seoul Nov 9 South Koreas main stock index recorded its biggestever weekly selloff by foreign investors in the first week of November as profittaking and concerns over an artificial intelligence AI stock bubble spurred a market retreat the Korea Exchange said on Sunday From Monday to Friday foreign investors dumped a net 726 trillion won US498 billion worth of shares on the benchmark Korea Composite Stock Price Index KOSPI the bourse operator said reports Yonhap news agencyThe amount marked the largest weekly selloff by foreign investors in KOSPI history surpassing the previous record of 705 trillion won in the second week of August 2021The KOSPI experienced sharp volatility last week climbing to a record high above 4200 on Monday before plunging nearly 3 percent Wednesday After a brief rebound Thursday the index shed 181 percent Friday closing below the 4000 markThe benchmark had been the fastestrising major stock index among Group of 20 nations as of Oct 27 buoyed by strong foreign buying of semiconductors and other blue chip stocks according to data compiled by Yonhap Infomax the financial arm of Yonhap News AgencyBut the rally fueled profittaking among foreign investors especially after Wall Street slumped last week amid revived fears of an AI bubble analysts saidSamsung Electronics Co the worlds biggest memory chip maker and its rival SK hynix Inc accounted for more than 70 percent of foreign selloffs last weekForeigners unloaded 15 trillion won worth of Samsung shares and 37 trillion won in SK shares data showedWith the US federal government shutdown marking the longest in history uncertainty over its economic impact has deepened said Chung Haechang an analyst at Daishin Securities Given the lack of upward momentum and investor optimism the market is likely to remain in a consolidation phase for the time beingLee Sunghoon an analyst at Kiwoom Securities noted that the recent weakness of the Korean won will also sap foreign investors appetite saying that foreign inflows are unlikely to rebound soonThe local currency fell below the psychologically crucial 1450 won threshold Friday dipping to its lowest level in nearly seven months IANS https://dailyworld.in/science/kospi-experiences-record-foreign-sell-off-in-1st-week-of-nov-647642.html Sun, 09 Nov 2025 11:24:00 +0530 https://dailyworld.in/science/market-outlook-domestic-indices-to-remain-in-consolidating-phase-amid-q2-results-inflation-data-647660.html Mumbai Nov 9 The domestic stock market is expected to remain sideways to a consolidating phase as the equity indices show mild selling pressure at a higher level in the weekly chart The coming week will be significant with multiple important macroeconomic data On the domestic front the focus will be on Indias CPI and WPI inflation figures which are expected to shed light on the inflation trend and future policy directionThis week the Nifty index closed the week at 2549230 marking a 089 per cent decline from the previous weeks close The decline took place due to ongoing selling by the foreign institutional investors FIIs despite indications of a strengthening domestic economyFading expectations of a Fed rate cut also contributed to cautious investor sentiment amid mixed global cues and sectoral weakness in IT and metals led to the declineAccording to analysts a bearishbodied candle with a lower wick and a small upper wick was formed this week indicating selling pressure at higher levelsThe price action reflects a sideways to consolidation phase as the Nifty index failed to hold its higher levels and ended the week below the 25500 mark analysts saidThis setup suggests the possibility of continued consolidation or sideways movement in the near term said Hardik Matalia of Choice BrokingThe India VIX rose by 333 per cent during the week to close at 125575 indicating a slight uptick in market volatilityIn the derivatives segment the maximum Call open interest OI is concentrated at the 2560025700 strike levels suggesting strong resistance at higher zones On the downside the maximum Put OI is seen at the 2540025300 strike levels highlighting key support areas the analyst notedMeanwhile the Bank Nifty index closed the week at 5787680 up 017 per cent from the previous weeks closeOn the weekly chart the index shows signs of indecision reflecting a tussle between buyers and sellersThe index ended the week above the 57800 mark indicating stability but a lack of clear direction Overall the setup suggests a sideways to consolidation phase until a decisive breakout occurs on either side the analyst highlighted IANS https://dailyworld.in/science/market-outlook-domestic-indices-to-remain-in-consolidating-phase-amid-q2-results-inflation-data-647660.html Sun, 09 Nov 2025 12:27:00 +0530 https://dailyworld.in/science/union-government-earns-about-rs-800-crore-from-scrap-material-in-nationwide-cleanliness-drive-647671.html New Delhi Nov 9 In a remarkable outcome of the Centres monthlong swachhta campaign the government has generated over Rs 800 crore by selling scraps from various ministriesdepartments The drive conducted from October 2 to 31 was the largest since the initiative began in 2021 freeing up a record 232 lakh square feet of office space and clearing 29 lakh physical files according to officialsAs per reports nearly 1158 lakh office sites were covered under the campaign coordinated by the Department of Administrative Reforms and Public Grievances DARampPGThree Union Ministers Mansukh Mandaviya K Ram Mohan Naidu and Dr Jitendra Singh supervised the massive interministerial effort that saw participation from 84 ministries and departments including Indias missions abroad said officialsThe annual cleanliness and efficiency campaign inspired by Prime Minister Narendra Modis call for Swachhata and good governance has now become a cornerstone of administrative reformSince its inception the government has earned nearly Rs 4100 crore by selling scrap material and obsolete assetsBetween 2021 and 2025 five editions of the campaign have helped institutionalise cleanliness and streamline administration The cumulative achievements include the coverage of 2362 lakh offices clearance of 16695 lakh files and freeing up 92884 lakh square feet of spaceThis years edition also focused on reducing pendency in government workCabinet ministers personally reviewed progress and interacted with officials to ensure targets were met Regular review meetings were held to track the disposal of pending files and grievancesLast month Union Minister Singh said that the government generated Rs 329671 crore from the disposal of ewaste and scrap while more than 69627 lakh sq ft of office space has been cleared and put to productive use over the last four yearsSpeaking at the launch of the Special Swachhta Campaign 50 at Nehru Park in the national capital Dr Singh said the campaign has brought visible changes in governance and public servicesHe emphasised that during earlier stages of the campaign more than 1204 lakh cleanliness sites nationwide had been cleaned and more than 13786 lakh outdated files had been removedFor their part in attaining these outcomes the minister commended the Department of Administrative Reforms and Public Grievances DARPG as well as other departmentsHe also took part in the events weeding out of outdated files a plantation drive under the Ek Ped Maa Ke Naam initiative and Shramdaan activities IANS https://dailyworld.in/science/union-government-earns-about-rs-800-crore-from-scrap-material-in-nationwide-cleanliness-drive-647671.html Sun, 09 Nov 2025 13:22:00 +0530 https://dailyworld.in/science/cii-moots-india-development-and-strategic-fund-to-boost-long-term-growth-647676.html New Delhi Nov 9 Apex business chamber CII on Sunday proposed the creation of an India Development and Strategic Fund IDSF as a sovereignbacked professionally managed institution to finance Indias longterm growth resilience and global economic security Conceived as a twinarm national fund the IDSF would mobilise patient longhorizon capital to build Indias productive capacity at home and secure critical economic interests abroad according to a CII statementThe IDSF is envisaged as comprising two distinct but coordinated arms The Developmental Investment Arm would focus on financing longgestation domestic priorities such as infrastructure clean energy logistics industrial corridors MSME scaleup education amp skilling healthcare and urban infrastructureThis arm would provide patient equity and blended finance to commercially viable projects that require longterm commitment It would act as an anchor investor crowding in pension funds sovereign wealth funds and institutional investors from India and abroad according to the statementCII has suggested that Indias existing National Investment and Infrastructure Fund NIIF could be evolved into this Developmental Arm leveraging its governance architecture and global investor baseThe Strategic Investment Arm would acquire and secure overseas assets critical for Indias longterm economic and security interests These include energy assets such as oil and gas fields LNG infrastructure and green hydrogen partnerships critical minerals such as lithium cobalt and rare earths frontier technologies including semiconductors AI and biotechnology and key global logistics and port assets This arm would give India the ability to act proactively to own rather than merely buy in critical supply chains and technologies shaping the future global economyThe industry body believes that with disciplined design and funding the IDSF could over the next two decades build a managed corpus in the range of 13 to 26 trillion by 2047 comparable in ambition and credibility to the worlds leading sovereign investorsThe proposed capitalisation roadmap includes a modest initial budgetary allocation to establish credibility followed by systematic channeling of a share of assetmonetisation proceeds from roads transmission lines ports and spectrum into the Fund instead of onetime deficit reduction Over time a portion of the Governments equity in select public sector enterprises could be transferred to the Fund turning these enterprises into instruments for Indias global expansion rather than mere disinvestment candidates according to the CII statementIn addition the Fund could issue thematic instruments such as infrastructure green and diaspora bonds to mobilise longterm domestic and international savings while coinvesting with multilateral and bilateral partners Once macroeconomic buffers are adequate a calibrated allocation of a small portion of Indias foreign exchange reserves could also be considered for overseas strategic acquisitions in areas like critical minerals and energyCII has emphasised that the Fund should retain majority ownership and strategic control with the Government of India while being run by a professional board combining senior Government representation and global investment expertise Two distinct investment committees would govern the Developmental and Strategic arms ensuring clarity of focus and accountabilityIt recommends that the Fund publish a periodic IDSF Review with a public dashboard on corpus size portfolio mix sectoral and geographic exposure and performance metricsCII director general Chandrajit Banerjee said the proposal is based on the recognition that Indias growth ambitions in infrastructure energy transition manufacturing technology and human development will require funding at a scale that cannot be met by annual budgetary allocations alone The Fund would help mobilise domestic and global savings and recycle national capital from mature assets into new productive capacity IANS https://dailyworld.in/science/cii-moots-india-development-and-strategic-fund-to-boost-long-term-growth-647676.html Sun, 09 Nov 2025 13:40:00 +0530 https://dailyworld.in/science/nifty-sensex-continue-to-decline-for-2nd-week-amid-fii-outflows-weak-global-cues-647464.html Mumbai Nov 8 Indian equity benchmarks continued their decline for the second week due to ongoing selling by the foreign institutional investors FIIs despite indications of a strengthening domestic economy Benchmark indices Nifty and Sensex dipped 071 and 165 per cent during the week to close at 25492 and 83216 respectivelyFading expectations of a Fed rate cut also contributed to cautious investor sentiment amid mixed global cues and sectoral weakness in IT and metals led to the declineSelect sectors found support from upbeat Q2 earnings with PSU banks remaining in focus due to robust financial performance improving asset quality and renewed speculation regarding a potential FDI cap hike and sector consolidation said Vinod Nair Head of Research Geojit Investments LimitedAnalysts said that buyondips strategy appears prudent as results from most Nifty 50 companies reported so far have been largely in line with estimates and continued policy support is expected to support current premium valuations and potentially drive earnings upgradesAccording to analysts a sharp decline in earnings growth in FY25 to 5 per cent stretched the valuations making Indian market one of the most expensive in the worldWith other emerging markets and some developed markets turning attractive with low valuations FIIs sold in India and moved money to other cheaper markets he addedNifty is currently trading above 20 times FY27 estimated earnings which is slightly above last 10year average PE ratio Analysts said that due to Indias superior longterm growth potential the present valuations can be justified even though the broader market valuations continue to be stretchedSupport for the Nifty is currently located close to the 25400 zone while resistance is seen around 25600 they addedMeanwhile there are signs of robust economic growth and earnings recovery in India When leading indicators reinforce this trend FIIs will reduce selling and eventually turn buyersNext week market direction will depend on upcoming domestic inflation data FII flows developments related to the US government shutdown and progress in trade negotiations involving the US India and China IANS https://dailyworld.in/science/nifty-sensex-continue-to-decline-for-2nd-week-amid-fii-outflows-weak-global-cues-647464.html Sat, 08 Nov 2025 10:14:00 +0530 https://dailyworld.in/science/gold-records-3rd-weekly-loss-amid-fading-hopes-of-us-fed-rate-cut-647470.html Mumbai Nov 8 The price of 24carat gold 10 grams dipped by Rs 670 over the week impacted by a stronger dollar and reduced expectations for another US Federal Reserve rate cut The price of 10 grams of 24carat gold closed the week at Rs 120100 down from Rs 120770 last week according to data published by the India Bullion and Jewellers Association IBJAInternational bullion remained around 4000 for the week facing pressure following Fed Chair Jerome Powells hawkish remarks even as the US Fed delivered a second 25 bps cut this yearMarket expectations for another cut in December slipped from around 90 per cent to near 60 per cent pressuring bullion while the dollar index held close to 100 and USDINR climbed toward 89Analysts said that the longest US government shutdown on record has delayed official data increasing reliance on private surveys ISM manufacturing and services PMIs fell below 50 indicating contraction while private payrolls rose by 42000 complicating the Federal Reserves outlookMeanwhile USChina trade tensions eased after US President Donald Trump and Chinese President Xi Jinping agreed to tariff trimming in exchange for Beijings fentanyl curbs renewed soybean buying and continued rareearth exports muting safehaven demandChina removed a core VAT offset for gold retailers buying via the Shanghai Gold Exchange and cut exemptions from 13 per cent to 6 per cent on some purchases prompting banks to halt new retail accounts and potentially cooling physical demand in the worlds top consumer said Manav Modi Analyst Precious MetalResearch Motilal Oswal Financial Services LtdFed liquidity support of roughly 294 billion alongside the December end of QT highlights ongoing funding stress he addedAdding a structural tailwind the US added uranium copper and silver to its critical minerals list potentially bolstering longterm demand for precious and industrial metals IANS https://dailyworld.in/science/gold-records-3rd-weekly-loss-amid-fading-hopes-of-us-fed-rate-cut-647470.html Sat, 08 Nov 2025 10:55:00 +0530 https://dailyworld.in/science/moodys-downgrades-ola-due-to-weak-financial-performance-low-liquidity-647479.html Mumbai Nov 8 Moodys Ratings has downgraded ANI Technologies Pvt Ltd the parent company of ridehailing firm Ola from B3 to Caa1 and changed the outlook to negative The downgrade is attributed to weakening financial performance reduced liquidity and an increased risk of violating loan covenants The global credit rating agency reported a decline in operating cash flows and an increase in refinancing risks due to slower revenue growth and ongoing lossesMoodys Ratings Moodys has downgraded ANI Technologies Pvt Ltds Ola corporate family rating CFR and the rating on the guaranteed senior secured term loan borrowed by OLA Netherlands BV to Caa1 from B3 The loan is guaranteed by Ola the release saidMoodys reported that ongoing operational challenges led to a higherthanexpected cash burn in the six months ending September 30 2025 decreasing cash reserves from 90 million in March 2025 and limiting headroom under the termloan covenantA covenant breach constitutes an event of default and accelerates repayment of Olas 65 million loan due December 2026 Ola must maintain cash equal to 40 per cent of the outstanding loan at least 26 million to comply with the covenant the release addedIntense competition in Indias ridehailing sector will result in continued cash burn over the next 12 months As such the company will have to rely on external funding sources to refinance its upcoming loan maturity the ratings agency saidThe ratings firm has deemed Olas liquidity weak indicating that available cash may fall substantially short of covering upcoming debt maturities and capital spending needs through December 2026Moodys said that Ola is considering options such as a potential initial public offering and selling its 364 percent stake in Ola Electric Mobility Ltd valued at approximately 90 million However it warned that these plans are subject to execution and market risksBhavish Aggarwalrun Ola Electric Mobility Ltd reported a consolidated net loss of Rs 418 crore for the JulySeptember period Q2 FY26 its exchange filing said this weekRevenue from operations dropped 43 per cent yearonyear to Rs 690 crore in Q2 FY26 down from Rs 1214 crore in Q2 FY25 indicating a substantial decline in sales for the quarter IANS https://dailyworld.in/science/moodys-downgrades-ola-due-to-weak-financial-performance-low-liquidity-647479.html Sat, 08 Nov 2025 11:50:00 +0530 https://dailyworld.in/science/govt-plans-ai-based-ekyc-global-credential-verification-in-digilocker-647497.html New Delhi Nov 8 The Ministry of Electronics and IT on Saturday announced plans for AIbased eKYC and global credential verification in the DigiLocker platform The platform has evolved from a secure document storage service into a trust layer that connects citizens with ministries and departments according to an official statementNational eGovernance Division NeGD Ministry of Electronics and IT organised the National Conference on DigiLocker to discuss and showcase how DigiLocker evolves into a cornerstone of trust convenience and efficiency across government education and industry sectorsThe conference underscored the transformative role of DigiLocker in facilitating paperless governance inclusive education and secure digital servicesDigiLocker serves as the trust layer connecting citizens ministries and departmentsenabling secure interoperable and accountable digital governance Our vision is a future where every digital interaction is trusted every citizen empowered and every institution accountable said S Krishnan Secretary of MeitY who chaired the conferenceKrishnan said that the platform advances Indias digital journey from connectivity to capability service delivery to selfreliance and now from digitalisation towards trustAbhishek Singh Additional Secretary of the Ministry of Electronics and IT outlined the future of DigiLocker with AIbased eKYC and global credential verification positioning it as a global model for paperless governancePresentations were made on integration of Digi Locker with Pension and Treasury systems in Maharashtra and with over 500 services through Sewa Setu Portal in Assam the statement notedSeven states including Assam Himachal Pradesh Madhya Pradesh Meghalaya Kerala Maharashtra and Mizoram have been recognised as DigiLocker Accelerators for their distinct achievementsDigiLocker allows citizens to access verify and share IDs financial credentials and certificates securely IANS https://dailyworld.in/science/govt-plans-ai-based-ekyc-global-credential-verification-in-digilocker-647497.html Sat, 08 Nov 2025 12:59:00 +0530 https://dailyworld.in/science/rural-consumption-beats-urban-demand-gdp-growth-to-reach-68-pc-in-fy26-report-647521.html New Delhi Nov 8 Rural consumption continues to outperform urban demand in the country despite income tax cuts and GST 20 reforms aimed at boosting urban consumption a report said on Saturday The report from brokerage firm Motilal Oswal Financial Services Limited MOFSL said that rural consumption outshines because of income guarantee schemes better rainfall outcomes NBFCled credit growth easing input costs and steady MSPsMOFSLs base case projection was that real GDP growth will touch 68 per cent for FY26 with a 2030 basispoint upside if tariff uncertainties abate and a nominal GDP growth projection at 9 per centIt maintained that urban consumption has recovered since implementation of GST reforms and also from Q3FY25 but rural consumption outshinedThe brokerage firm said that rural consumption has been on a steady uptrend since H2FY25 strengthening further in Q2FY26 up 77 per cent YoY to its highest level in 17 quartersThe upturn was supported by firm growth in real agri and nonagri wages higher tractor and fertilizer sales and robust farm credit Better rainfall distribution and reservoir levels boosted sowing activity while easing input costs and steady minimum support price MSP procurement helped improve farm incomes the firm highlightedRegarding rural spending the report detailed that the highfrequency October data including Eway bills petrol consumption mall footfalls and PMI readings were broadly positive in the first full month of GST 20 implementationUrban spending remained subdued through Q2 FY26 but improved after GST reforms through the festive season with jewellery demand staying firm in October despite high gold pricesRural demand is expected to remain on a steady upward trajectory underpinned by rising real wages Healthy rabi prospects coupled with lower rural inflation should help to sustain the ongoing improvement in consumption the report noted IANS https://dailyworld.in/science/rural-consumption-beats-urban-demand-gdp-growth-to-reach-68-pc-in-fy26-report-647521.html Sat, 08 Nov 2025 14:09:00 +0530 https://dailyworld.in/science/indian-smartphone-market-set-to-witness-moderate-growth-in-2025-5g-leads-647533.html New Delhi Nov 8 The Indian smartphone market is set to witness moderate growth in 2025 with shipments growing in single digits according to a new report adding that the market is poised for sustained momentum driven by 5G upgrades rising premiumisation and growing consumer demand for connected device ecosystems According to CyberMedia Research CMR Indias smartphone market grew 7 per cent yearonyear YoY growth driven by festive cheer accelerated 5G adoption and a strong premium push led by Apple Vivo and MotorolaApple led Indias smartphone market by value in Q3 2025 with 30 per cent share and Samsung followed with 22 per cent together accounting for over a bulk of the market Vivo led the 5G smartphone market with a 18 per cent market share followed by Samsung at 16 per centThe ongoing festive and yearend sales will further accelerate shipments with premium and uberpremium segments remaining key growth engines led by flagship models from Apple Samsung and OnePlus said Pankaj Jadli AnalystIndustry Intelligence Group at CMR5G smartphones accounted for 89 per cent of total shipments in the quarter up 16 per cent YoY Interestingly 5G smartphones in the Rs 6000Rs 10000 price band surged over 1600 per cent YoY underscoring rising demand for affordable 5GThe democratisation of 5G connectivity especially in the subRs 10000 segment is reshaping consumer upgrade trends and will steer the next wave of smartphone growth in IndiaThe festive season along with aggressive promotional campaigns and easy EMI schemes drove consumer upgrades reshaping Indias valueformoney and affordable 5G smartphone segment While premium smartphones continued doubledigit growth feature phones declined as users increasingly transitioned to smartphones said Menka Kumari Senior AnalystIndustry Intelligence Group IIG CMRIn Q3 2025 the 2G feature phone segment declined 14 per cent YoY while 4G feature phones declined sharply by 24 per cent YoY said the report IANS https://dailyworld.in/science/indian-smartphone-market-set-to-witness-moderate-growth-in-2025-5g-leads-647533.html Sat, 08 Nov 2025 14:40:00 +0530 https://dailyworld.in/science/for-nobel-prize-co-winner-james-watson-dna-was-my-only-gold-rush-647545.html New Delhi Nov 8 We have discovered the secret of life said American scientist James Watson in 1962 along with Maurice Wilkins and Francis Crick as the trio shared the Physiology and Medicine Nobel Prize for the DNAs double helix structure discovery Famous geneticist Watson who died at 97 as confirmed by Cold Spring Harbor Laboratory in the US where he worked and researched for decades was associated with one of the greatest breakthroughs of the 20th centuryAlthough DNA was discovered in 1869 it took scientists until 1943 to discover that it made up the genetic material in cellsTo date the structure of DNA remains a mysteryWatson died on Thursday US time after a brief illness according to a statement from his former employerI think early on I wanted to do something important with my life I still want to think about science and really nothing else Watson was quoted as saying in CNN in 2013Being driven by the desire to find the truth thats really my legacy The truth sometimes you dont find it and its complicated but what you always have is that if you can start with the truth its helpful he addedBorn in the US state of Chicago in April 1928 he won a scholarship to study at the University of Chicago at age 15 To pursue his research into DNA structures he went to Cambridge University in England where he met CrickTogether they began constructing largescale models of possible structuresAs per reports Watson took over the Cold Spring Harbor Laboratory in New York State in 1968 He is credited with turning it into one of the worlds foremost scientific research institutionsHowever his extraordinary work was marred owing to his racist and homophobic remarks against various groups of people claiming they had genetic differencesThe remarks led to him losing some of his honorary titles Watson also made headlines when he sold his Nobel Prize in 2014 for 476 million at auctionWatson told CNN in 2013 DNA was my only gold rush I regarded DNA as worth a gold rush IANS https://dailyworld.in/science/for-nobel-prize-co-winner-james-watson-dna-was-my-only-gold-rush-647545.html Sat, 08 Nov 2025 15:43:00 +0530 https://dailyworld.in/science/nifty-midcap-150-nifty-50-emerge-as-top-performers-in-october-647547.html New Delhi Nov 8 Nifty Midcap 150 and Nifty 50 emerged as top performers across all market segments in the month of October rising 479 per cent and 451 per cent respectively a report said on Saturday All market cap segments such as large mid small and microcaps posted positive returns as the Nifty 500 climbed 429 per cent Nifty Next 50 rose 292 per cent the report from Motilal Oswal Mutual Fund saidMeanwhile the Nifty Microcap 250 and Nifty Smallcap 250 surged 393 per cent and 372 per cent respectively during the monthSectorally realty led with a 92 per cent gain on the back of sustained housing demand the release noted adding that all sectors delivered positive returnsThe midcap benchmark namely the Nifty Midcap 150 has shown growth of 321 per cent 1093 per cent amp 560 per cent in last 3 months 6 months and 1 year the fund house saidThe large cap benchmark Nifty 50 has surged 385 per cent 570 per cent and 627 per cent during the same period the release notedThe Nifty 500 rose 347 per cent 763 per cent and 450 per cent over the specific time periods it addedIT index gained 611 per cent but remains down over 11 per cent YoY Banking stocks continued to show strength with the Bank Index rising 575 per cent in October and posting 324 per cent 488 per cent and 1224 per cent growth across the 3month 6month and 1year periods the release saidDefence sustained its strong longterm trajectory rising 363 per cent in October The sector grew impressive 461 per cent 1412 per cent and 2817 per cent gains over the specified time periods the release notedThe fund house noted that inflation eased sharply supporting the RBIs decision to continue with its current policy stance while GST collections remained robust reflecting resilient domestic activity IANS https://dailyworld.in/science/nifty-midcap-150-nifty-50-emerge-as-top-performers-in-october-647547.html Sat, 08 Nov 2025 15:46:00 +0530 https://dailyworld.in/science/bharti-airtel-shares-drop-following-singtel-related-block-sale-647264.html Mumbai Nov 7 The stock of Bharti Airtel went down about 448 per cent in intraday trading on Friday reaching a low of Rs 2001 following the trading of 51 crore shares in the block deal window with Singapore Telecommunications Singtel as the likely seller The transaction reportedly occurred at a floor price of Rs 2030 per share reflecting a 31 per cent discount to Airtels previous close of Rs 2095Singtel was set to offload about 08 per cent of its stake in the telecom operator according to multiple reportsThe deal is reportedly valued at around Rs 10300 crore according to the term sheet indicating that the Singtel arm assigned JP Morgan India as the sole broker to oversee the block deal and after contacting numerous institutional investors to build the book for the dealThis is the second offloading of Bharti Airtel shares by Singtel after the firm sold a 12 per cent stake in Bharti Airtel for approximately 2 billion at Rs 1814 per share in May this year Following the sale Airtels share price had risen by about 15 per cent to Rs 2095Bharti Airtel shares have gained Rs 7100 up 368 per cent over the past month and advanced by Rs 404 or 2534 per cent year to dateBharti Airtel had reported an 89 per cent yearonyear YoY jump in consolidated net profit for the JulySeptember quarter of the current financial year Q2 FY26 The companys profit rose to Rs 6791 crore compared to Rs 3593 crore in the same quarter last financial year according to its stock exchange filingIts consolidated revenue from operations grew 257 per cent YoY to Rs 52145 crore up from Rs 41473 crore in Q2 FY25 driven by strong performance across its mobile and data segments IANS https://dailyworld.in/science/bharti-airtel-shares-drop-following-singtel-related-block-sale-647264.html Fri, 07 Nov 2025 12:08:00 +0530 https://dailyworld.in/science/capital-markets-central-to-viksit-bharat-push-mfs-hold-huge-opportunity-sebi-chairman-647291.html Mumbai Nov 7 SEBI Chairperson Tuhin Kanta Pandey on Friday said that Indias sustained economic strength will be significantly driven by its capital markets which are essential for the countrys progress towards the Viksit Bharat goal and crucial for capital formation Pandey said at an event here that capital markets are instrumental in achieving the countrys developmental aspirations adding that companies have raised approximately Rs 2 lakh crore from the primary market this year indicating robust investors confidenceThere is a deep well of domestic capital waiting to be deployed Pandey said adding that SEBI is committed to simplifying and speeding up the capitalraising process enabling businesses to access funds more efficientlyWe are facilitators of capital formation and our goal is to help businesses raise capital seamlessly to power Indias growth and transformation the SEBI Chairperson saidHe characterised the regulators approach as optimum regulation which adjusts guardrails without stifling innovationWeve made several regulatory changes and will continue a consultative approach he addedPandey highlighted structural opportunities pointing out that mutual fund assets under management are below 25 per cent of GDP with urban participation at approximately 15 per cent and rural participation at 6 per centTheres huge opportunity in deepening mutual fund penetration Pandey said noting that 22 per cent of noninvestors aware of mutual funds plan to invest in the next yearThe SEBI Chairman added that the regulator will conduct a comprehensive review of shortselling and securities lending and borrowing norms to align them with global standardsPandey however admitted that Indias securities lending market is underdeveloped compared to other markets reiterating commitment to reforms aimed at enhancing transparency liquidity and investorfriendliness IANS https://dailyworld.in/science/capital-markets-central-to-viksit-bharat-push-mfs-hold-huge-opportunity-sebi-chairman-647291.html Fri, 07 Nov 2025 13:39:00 +0530 https://dailyworld.in/science/rbi-governor-says-its-not-regulators-job-to-take-decisions-for-bank-boards-647295.html Mumbai Nov 7 Stressing that Indian banks are far more mature today than they were a decade ago RBI Governor Sanjay Malhotra said on Friday that the Central Bank does not aim to micromanage things adding that no regulator should substitute for boardroom judgment and each case has to be looked at with merit by a regulated entity Addressing the State Bank of Indias SBI Banking and Economics Conclave here in the financial capital he said regulators need to keep in mind the credit and deposits expansion improved asset quality and profitability along with surge in returns on assets and equityHe further stated that we need to allow the regulated entities to take decisions based on the merits of each caseAccording to Malhotra the role of a regulator is like a gardener and Central Bank also monitors the growth of a plant and prunes unwanted growth to shape a collective orderly beautiful gardenLast month the RBI unveiled 22 measures including allowing banks to finance acquisitions increasing limits on loans against shares and laying out draft norms for transitioning to expected credit loss ECL framework for loan loss provisioningAccording to Malhotra the RBI is aiming to make rulemaking more open driven by data and evidence after due public consultation adding that supervisory actions have enabled effective backstop to moderate or prune unsustainable growth and shape a robust resilient and beautiful banking systemHe further stated that the SBI which is Indias largest public sector lender has transformed from being in loss in 2018 to now becoming a 100 billion company due to the regulatory and structural reformsThe introduction of the Insolvency and Bankruptcy Code IBC in 2016 and the resolution mechanisms established under the Pursuant Resolution Paradigm through outofcourt workout frameworks have fundamentally transformed Indias credit culture he mentioned IANS https://dailyworld.in/science/rbi-governor-says-its-not-regulators-job-to-take-decisions-for-bank-boards-647295.html Fri, 07 Nov 2025 13:57:00 +0530 https://dailyworld.in/science/gold-etfs-attract-record-net-inflows-in-india-add-850-million-in-oct-647305.html Mumbai Nov 7 Indias gold exchangetraded funds ETFs saw 850 million in net inflows in October taking the total to a record 305 billion in 2025 to date the highestever for a single year according to the World Gold Council WGC data October inflows were approximately 6 per cent lower than Septembers 911 million but it marked the secondlargest monthly inflow in AsiaContinued positive flows for the fifth consecutive month took the assets under management AUM to 113 billion as per the dataOverall global gold ETF inflows reached 82 billion in October placing the bullion market set to achieve one of its strongest years on recordIndia ranked third globally in ETF inflows during October following the US with 633 billion and China with 451 billion Japan followed India with 4995 million of inflows while France recorded 312 millionMeanwhile several European markets saw outflows led by the UK with 35 billion followed by Germany and ItalyGlobal gold ETFs total AUM rose 6 per cent monthonmonth to 503 billion by the end of October with total holdings up 1 per cent at 3893 tonnesThe price of 10 grams of 24carat gold slipped to Rs 120231 on Friday according to data published by the India Bullion and Jewellers Association IBJA amidst renewed interest in profit bookingTechnically golds key makeorbreak level stands at 3855 while silver is defending the 4670 support zone The gold has support at Rs 119870119280 while resistance is at Rs 121090121600 Silver has support at Rs 146450145750 while resistance is at Rs 148340 149280 said Rahul Kalantri VP Commodities Mehta Equities LtdAnalysts said that the dollar index has eased from its 3month peak and uncertainty around the US government shutdown is driving investors toward safehaven assets Further rising geopolitical tensions are also lending support to the golds rally IANS https://dailyworld.in/science/gold-etfs-attract-record-net-inflows-in-india-add-850-million-in-oct-647305.html Fri, 07 Nov 2025 14:17:00 +0530 https://dailyworld.in/science/prataprao-jadhav-highlights-people-centric-approach-to-cancer-awareness-integrative-care-647348.html New Delhi Nov 7 Integrative models combining modern oncology with Ayush systems can significantly improve quality of life particularly for the vulnerable sections of society Union Minister Prataprao Jadhav said on Friday He emphasised that safeguarding public health requires a proactive and peoplecentric approach to cancer awareness and preventionJadhav noted that the Ministrys expanding initiatives including integrative cancercare centres collaborative research efforts and communityfocused programmes aim to ensure that affordable holistic and supportive care reaches every citizenOn the National Cancer Awareness Day 2025 the Ministry of Ayush highlights the need to strengthen public awareness and early detection efforts as cancer remains the second leading cause of death globallySeveral countries across the world have recorded considerable numbers of oral cervical and breast cancer cases India is placing increased emphasis on education screening and holistic health practices to address the challenge more effectivelyA large share of the cancer burden stems from preventable factors such as tobacco use unhealthy diets obesity physical inactivity alcohol consumption environmental pollutants and HPV infections highlighting the need for stronger awareness and timely action said the ministryEarly detection greatly improves survival particularly for breast cervical and oral cancers that can be identified at more treatable stages through routine screeningWith many cancers preventable and several potentially curable when diagnosed early sustained healthy lifestyle choices remain criticalAvoiding tobacco limiting alcohol eating plantbased diets maintaining a healthy weight staying active and reducing exposure to smoke and pollutants collectively help lower risk and support longterm wellbeing according to the ministryVaidya Rajesh Kotecha Secretary Ministry of Ayush highlighted that Indias expanding network of integrative cancercare initiatives reflects the Ministrys commitment to strengthening evidencebased patientcentric solutionsHe noted that Centres of Excellence collaborative research platforms and partnerships with leading institutions such as TMCACTREC Arya Vaidya Sala AIIMS and other reputable organisations are helping advance new therapeutic insights improve symptom management and enhance quality of life for cancer patientsHe added that these initiatives demonstrate the capacity of Ayush systems to complement modern oncology through systematic research trained manpower and clinically validated supportive care IANS https://dailyworld.in/science/prataprao-jadhav-highlights-people-centric-approach-to-cancer-awareness-integrative-care-647348.html Fri, 07 Nov 2025 15:29:00 +0530 https://dailyworld.in/science/indian-market-recovers-early-losses-amid-buying-in-banking-fin-services-stocks-647372.html Mumbai Nov 7 The domestic equity indices ended the session slightly lower on Friday erasing early losses due to buying in banking and fin services sectors heavyweights in afternoon trade and support from certain positive Q2 results Sensex closed at 8321628 down 9473 points or 011 per cent The 30share index opened marginally lower at 8315015 against last sessions closing of 8331101 The index remained volatile during the session hitting an intraday high and low of 8339011 and 8267095 respectively amid a mixed approach from investorsNifty 50 ended the session on 2549230 down 17 points or 007 per centDomestic equities rebounded from early losses as buying emerged at key support levels though it may be premature to call this a trend reversal amid mixed earnings cautious global cues and persistent FII outflows said analystsSelect segments found support from Q2 results with broader indices outperforming led by a sharp rally in financials especially PSU banks on account of rising investor interest driven by speculation around an FDI cap hike and sector consolidation Going forward markets will closely monitor US shutdown and tariffrelated developments with USIndia and USChina deals to assess the durability of the current momentum he addedBharti Airtel Tech Mahindra Trent HCL Tech Hindustan Unilever ITC SBI TCS Ultratech Cement and Tata Motors Passenger Vehicle settled in negative territory Tata Steel Mahindra and Mahindra ICICI Bank BEL Adani Ports Infosys and PowerGrid closed higherSectoral indices remained volatile experiencing a mixed approach from investors Nifty FMCG fell 274 points or 049 per cent and Nifty IT declined 220 points or 062 per cent Meanwhile Nifty Auto rose 153 points or 057 per cent Nifty Bank increased 322 points or 056 per cent and Nifty Fin Services ended the session 205 points or 076 per cent higherThe broader market followed suit as well Nifty smallcap 100 dipped 29 points or 016 per cent and Nifty 100 settled flat and Nifty midcap 100 surged 374 points or 063 per cent IANS https://dailyworld.in/science/indian-market-recovers-early-losses-amid-buying-in-banking-fin-services-stocks-647372.html Fri, 07 Nov 2025 16:59:00 +0530 https://dailyworld.in/science/us-india-trade-negotiations-may-see-breakthrough-by-november-end-niti-aayog-ceo-647381.html Mumbai Nov 7 NITI Aayog CEO BVR Subrahmanyam on Friday said that the ongoing USIndia trade negotiations may see a breakthrough by the end of the month adding that the country must lift its investment rate to 3536 per cent of the GDP Hopefully by the end of the month we may hear some news on that front he said at a media event here adding that the negotiations are on trackHe said the National Manufacturing Mission will be operational by November proposing sectoral clusters across 15 sectors and 75 locations to establish globallycompetitive manufacturing hubsHe opined that India needs to increase its investment rate to 3536 per cent of the GDP each year to maintain growth of 89 per cent up from the current rate of approximately 3031 per centIndias economic growth positions it as the brightest spot in the global economy he said adding that other nations will be forced to engage with India with its unique strengths of size market depth innovation capacity and talent poolThe NITI Aayog CEO emphasised the need for sustained openness consistency in policy and a strong emphasis on skilling to achieve developednation statusEven if other nations impose tariffs India must stay a worldclass open economy he saidSubrahmanyam emphasised policy priorities labelling the National Manufacturing Mission as the biggest announcement in the last budgetSubrahmanyam stated that foreign investors are increasingly drawn to Indias market and cost competitiveness However he cautioned that reducing bureaucracy is essential to enhance the ease of doing business reiterating the principle of minimum government maximum governanceIf I had just one rupee to invest Id put it on skilling and education he said emphasising the importance of human capital He pointed out that Indian students average six to seven years of schooling compared to 13 to 14 years in South Korea IANS https://dailyworld.in/science/us-india-trade-negotiations-may-see-breakthrough-by-november-end-niti-aayog-ceo-647381.html Fri, 07 Nov 2025 18:13:00 +0530 https://dailyworld.in/science/cii-meet-to-connect-international-investors-with-indias-most-promising-ventures-647391.html Mumbai Nov 7 The Confederation of Indian Industry CII on Friday said that the upcoming CII MampE Global Investor Meet will connect international investors with Indias most promising ventures through curated oneonone meetings The CII announced the launch of the investor meet at the 12th annual CII BIG Picture Summit to be held on December 12 in MumbaiThe initiative launched in collaboration with WAVES Bazaar aims to unlock the full potential of Indias media and entertainment MampE sector by integrating investment with companies to fuel the next wave of growth according to the Ministry of Information and BroadcastingWAVES Bazaar a leading platform for business networking and project pitching in the MampE sector will integrate its successful B2B meeting format and project showcases featuring initiatives from its existing projects and WAVES Film Bazaar into the CII Marketplace during the summitThe Summit themed The AI Era Bridging Creativity and Commerce will bring together leaders from government and industry to chart a roadmap for the growth and transformation of Indias Media and Entertainment MampE sectorThe Summit is being organised in collaboration with the Ministry of Information and Broadcasting Government of India Sanjay Jaju Secretary Ministry of Information amp Broadcasting and Gaurav Banerjee MD and CEO Sony Pictures Network India are chairing the SummitThe initiative is set to catalyse both global and domestic investment into Indias rapidly expanding MampE sector covering film streaming gaming animation VFX live entertainment and moreIndias MampE industry despite its rich history has thrived largely on private passion and capital CIIs Investor Meet is a major step to change that said Shibashish Sarkar Chairman of the CII Global MampE Investor SummitFor the first time were bringing global investors and Indian MampE enterprises together in a curated oneonone format This summit is not just a generic expo but a true matchmaking event aimed at showcasing Indian companies as viable exciting investments I see this as the beginning of a journey Sarkar addedThe Summit will also feature participation from WAVEX and WAVES Creatosphere contributing to a dynamic environment for startup collaboration and business growth IANS https://dailyworld.in/science/cii-meet-to-connect-international-investors-with-indias-most-promising-ventures-647391.html Fri, 07 Nov 2025 18:57:00 +0530 https://dailyworld.in/science/sensex-projected-to-touch-94-000-by-2026-end-worst-is-over-for-indian-equities-report-647393.html Mumbai Nov 7 Indian equities are expected to see incremental foreign inflows and recent market movements imply the worst of the underperformance is over presenting an opportunity for diversification away from the global AI rally a report said on Friday We are overweight Indian equities from the Asia perspective with an end2026 index target for Sensex at 94000 according to the report from HSBC Global Investment ResearchAfter underperforming Asia by 30 per cent in the past 12 months we think the worst is over for Indian equities the report said defending its upgrade to overweight IndiaHerald van der Linde CFA Head of Equity Strategy Asia Pacific reported that Indian equities are currently the biggest underweight in global emerging market GEM portfolios and only a quarter of the funds the firm tracked are overweight on IndiaIndia offers a hedge and diversification to those who feel uncomfortable with the ongoing AI rally India is likely to be an outsized beneficiary of any additional money coming into the EM region the report mentionedA potential reduction in US tariffs would likely be a big boost However risks to our upgrade include a delay to the earnings recovery further diversion of global flows into the AI theme and less domestic appetite for equities the report saidThe research firm said that valuations now are not as much of a headwind as they were a year ago adding that the Indian market now offers value compared to Chinese equitiesWe think earnings have bottomed in India and expect to see a broadbased recovery in 2026 Banks were a massive drag on growth this year but as deposits are rolled over margins will expand in the coming quarters the report saidThe technology sector is also likely to experience increasing demand Consumer names including autos are poised to benefit from GST reductions lower inflation and lower interest rates it noted IANS https://dailyworld.in/science/sensex-projected-to-touch-94-000-by-2026-end-worst-is-over-for-indian-equities-report-647393.html Fri, 07 Nov 2025 19:01:00 +0530 https://dailyworld.in/science/cpi-inflation-in-october-to-moderate-further-outlook-remains-benign-economists-647401.html New Delhi Nov 7 Based on the trends seen in the movement of essential commodities economists on Friday said that CPI inflation in October is likely to moderate further to 04 per cent06 per cent compared with 15 per cent in September supported also by a favourable base The Bank of Baroda BoB Essential Commodities Index BoB ECI continued to contract and declined by 36 per cent in October and further by 38 per cent in November up to November 6In saying so food inflation has been trending lower largely due to the continued deflation seen in vegetables category specifically TOP tomato onion and potato vegetables This in turn is supported by a significant pickup in mandi arrivals said Aditi Gupta Economist BoBIn fact Unified Portal for Agricultural Statistics UPAJ data shows that mandi arrivals of tomato onion and potato are higher by 143 per cent 305 per cent and 231 per cent respectively in the AprilOctober period over the same period last yearA similar trend is expected to persist in the coming months too as the harvesting season sets in This is likely to lend a considerable degree of downward bias to Indias overall inflation outlook Gupta notedIn fact prices of TOP vegetables have seen a sustained fall this year Prices of onion declined by 512 per cent in October marking the strongest pace of contraction since December 2020 Retail prices of tomato also declined sharply by 399 per cent in October compared with a decline of 83 per cent in SeptemberPrices of potatoes too have seen a sustained decline in the last seven months In October retail prices of potato declined by 313 per cent The CPI weighted trajectory for TOP in September based on retail prices have fallen on an aggregate basis by 295 per centAmong other items major pulses have also continued to witness a deflationary trend in October Within this group price of Tur dal has dropped most significantly by 294 per cent the largest decline since January 2018The outlook for inflation also looks benign supported by tailwinds from GST rate rationalisation and lower global commodity prices said the report IANS https://dailyworld.in/science/cpi-inflation-in-october-to-moderate-further-outlook-remains-benign-economists-647401.html Fri, 07 Nov 2025 19:47:00 +0530 https://dailyworld.in/science/100-5g-labs-set-up-across-india-to-boost-6g-research-ecosystem-govt-646930.html New Delhi Nov 5 India has set up 100 5G labs across the country to develop use cases and enhance the 6G research and development ecosystem the Department of Telecommunications DoT said on Wednesday The governments collaborative platform Bharat 6G Alliance has also signed 10 international collaborations with global 6G bodies aiming for a 10 percent share of global 6G patents by 2030 an official statement saidNeeraj Mittal Secretary Telecom made these comments as DoT led the thematic session on Digital Communication at the Emerging Science Technology and Innovation Conclave hereMittal emphasised that is the bedrock of all productive activity and that Indias telecom revolution has a direct bearing on national economic growth adding that India has achieved one of the fastest 5G rollouts globallyThe 100 5G labs will position the nation for leadership in 6G technologies he said Mittal highlighted that the Governments approach to nextgeneration communication is multipronged supporting research and development encouraging domestic manufacturing and building strong bridges between academia industry and governmentHe informed that over 100 RampD projects dedicated to 6G are currently being supported with a focus on advancing Open RAN indigenous chipsets AIbased intelligent networks and regulatory sandboxes to foster innovationThe event featured discussions on private networks and Indias telecom goals from industry leaders and a panel discussion on advancing indigenous technologiesThe panel also explored extending the 5G ecosystem in India advancing indigenous PNT through the NavIC L1 signal and building disruptive technology stacks from D2M to 6GESTIC 2025 took place from November 3 to 5 attracting over 3000 participants from from academia research institutions industry and government along with Nobel laureates eminent scientists innovators and policymakers IANS https://dailyworld.in/science/100-5g-labs-set-up-across-india-to-boost-6g-research-ecosystem-govt-646930.html Thu, 06 Nov 2025 02:53:00 +0530 https://dailyworld.in/science/antimicrobial-peptidescan-curbsalmonella-e-coli-and-helpcombat-amr-study-646933.html New Delhi Nov 5 Antimicrobial peptides can control pathogens like Salmonella and E coli a major cause of foodborne diseases and can also act as an alternative to antibiotics to help combat increasing antimicrobial resistance AMR Antimicrobial peptides which are short chains of amino acids have the potential to kill harmful bacteria without inducing resistance to antibioticsThe findings show that antimicrobial peptides have the potential to improve food safety and protect public health without relying on antibiotic useAntimicrobial peptides have the potential to be alternatives to antibiotics and thereby could mitigate antibiotic resistance said corresponding study author Gireesh Rajashekara Professor at College of Veterinary Medicine University of Illinois UrbanaChampaignThese peptides not only can kill Salmonella but also other related bacterial pathogens such as E coli so they could be really valuable in controlling a broad range of pathogens he addedThe researchers conducted their study to identify antibiotic alternatives to control Salmonella in chickensSalmonella is one of the major causes of foodborne illnesses in the US and chickens and chicken products eggs and meat have been considered the main vehicles of Salmonella infection in humansIn the new study published in the journal Microbiology Spectrum researchers identified a set of antimicrobial peptides that could kill many different types of Salmonella in test tubes then showed they could also kill Salmonella in chickensThe antibacterial activity of the peptides is likely due to their effect on Salmonella membranes The researchers said the peptides retain their activity upon exposure to heat and protease treatments characteristics necessary for the use of antimicrobial products in the poultry industryWe identified 2 antimicrobial peptides that kill many different types of Salmonella and also reduce Salmonella load in chickens Rajashekara saidThe expert noted that their next step is to test these peptides in chickens on a large scale optimise their delivery in water andor feed understand better how they kill Salmonella and explore more peptides like these for their antiSalmonella activity IANS https://dailyworld.in/science/antimicrobial-peptidescan-curbsalmonella-e-coli-and-helpcombat-amr-study-646933.html Thu, 06 Nov 2025 02:55:00 +0530 https://dailyworld.in/science/science-rampd-advanced-materials-key-pillars-for-viksit-bharat-2047-csir-646944.html New Delhi Nov 5 Science research and development and advanced materials are the key pillars for Viksit Bharat 2047 said Dr Mrs N Kalaiselvi Director General Council of Scientific and Industrial Research CSIR on Wednesday Speaking at the technical session hosted by CSIR on Day 3 of the Empowering Science Technology and Innovation Conclave ESTIC 2025 in the national capital Kalaiselvi highlighted Indias advancements in advanced materials and manufacturingDuring the plenary session Kalaiselvi featured a diverse range of discussions on how advanced materials are redefining product realization industrial design and sustainabilityBreakthroughs in materials science clean energy biotechnology and emerging technologies will shape the countrys growth trajectory With CSIR and Indias premier scientific institutions leading cuttingedge research India is laying the foundation for a technologically empowered selfreliant and innovationdriven future she saidKalaiselvi added that ESTIC 2025 serves as an impactful platform where ideas science and advanced technologies intersect accelerating the realisation of a futureready and knowledgepowered BharatProf Giridhar Udapi Rao Kulkarni Former President JNCASR Bengaluru explained how the world is moving from matter to materials from raw elements to engineered structures designed with precision performance and purposeFrom semiconductors and composites to smart polymers advanced materials are unlocking nextgeneration technologies and realworld products powering Indias transformation from a Stone Age mindset to the Age of Technology Kulkarni saidWith nanoscale precision shape control and dimensional engineering scientific innovation can drive manufacturing breakthroughs that accelerate Indias vision for Viksit Bharat 2047 encapsulated in the continuum science that will lead to innovation manufacturing and then the product he addedThe session brought together leading scientists innovators and entrepreneurs to discuss transformative technologies shaping the nations innovation ecosystemESTIC 2025 with the theme Imagine Innovate Inspire has brought over 3000 participants from academia research institutions industry and government along with Nobel laureates eminent scientists innovators and policymakers IANS https://dailyworld.in/science/science-rampd-advanced-materials-key-pillars-for-viksit-bharat-2047-csir-646944.html Thu, 06 Nov 2025 03:06:00 +0530 https://dailyworld.in/science/mahindras-commercial-ev-manufacturer-surpasses-3-lakh-sales-milestone-646947.html New Delhi Nov 5 Subsidiary of Mahindra amp Mahindra Ltd Mahindra Last Mile Mobility Ltd informed on Wednesday that it has sold over 3 lakh electric commercial vehicles and claimed it is the first original equipment manufacturer in India to achieve this milestone The company also reported that it sold 1 lakh vehicles in just 12 monthsMahindras fleet of electric vehicles including the Treo range Zor Grand eAlfa threewheelers and Mahindra ZEO fourwheeler which have collectively covered over 5 billion kilometres and offset more than 185 kilotonnes of carbon dioxide equivalent to planting over 43 million trees the company saidThrough its early focus on EVs and concerted efforts to electrify the last mile mobility MLMML has been continuously working with multiple partners to develop the ecosystem thereby increasing customer adoptionThrough continuous innovation and incorporating customer feedback MLMML launched new and upgraded products in the last couple of years such as the Treo Plus sheet metal eAlfa Plus Zor Grand Range Plus and Mahindra ZEOWe are not just manufacturing EVs we are enabling livelihoods and shaping a cleaner future Through innovationdriven products we continue to strengthen our commitment to making electric mobility practical and accessible to everyone said Suman Mishra Managing Director and CEO of Mahindra Last Mile MobilityMLMML added that its customerfocused UDAY NXT programme offers benefits such as a Rs 20 Lakh driver accidental insurance cover and financial counsellingMLMML said that it recently introduced the refreshed NEMO platform on iOS Android and Web which enables drivers and fleet managers to remotely manage and monitor their vehiclesKey new features include multivehicle management within a single app geotracking service booking roadside assistance RSA extensive charging network locations and more the company noted IANS https://dailyworld.in/science/mahindras-commercial-ev-manufacturer-surpasses-3-lakh-sales-milestone-646947.html Thu, 06 Nov 2025 03:08:00 +0530 https://dailyworld.in/science/sensex-nifty-post-mild-gains-amid-positive-global-cues-647001.html Mumbai Nov 6 Indian benchmark indices opened in green on Thursday amid positive global cues led by gains in automobile stocks As of 925 am the Sensex was up 324 points or 039 per cent at 83783 and the Nifty edged up 67 points or 026 per cent to 25664The broadcap indices performed in contrast with benchmarks with the Nifty Midcap 100 down 010 per cent and the Nifty Smallcap 100 losing 024 per centAsian Paints SBI LampT NTPC were among the major gainers in the Nifty Pack while losers included Hindalco Shriram Finance Bajaj Finance Apollo Hospitals and Dr Reddys LabsAmong sectoral indices except for Nifty Media Nifty Metal and Financial Services all indices were in the green Nifty Auto was the major gainer up 091 per cent while FMCG gained 077 per cent Nifty Metal lost 101 per centIndia Incs secondquarter FY26 earnings season delivered a strongerthananticipated performance with a 14 per cent yearonyear earnings rise by companies in key sectors especially midcapsBrokerages noted that earnings upgrades outpaced downgrades after several quarters indicating rising confidence in corporate profitabilityAnalysts expect the resumption of sustained selling by FIIs and increasing FII short positions to weigh on markets for the near termThe holiday on Wednesday shielded the Indian market from mild turbulence in global markets The US Supreme Courts hearing on Donald Trump tariffs will be in focus for the markets in the coming days Observations by some judges that President Trump had overstepped his authority is a significant development said Dr VK Vijayakumar Chief Investment Strategist Geojit Investments LimitedIf the final verdict is on these lines markets would be volatile with emerging markets especially India rallying smartly he addedAnalysts placed immediate resistance at 25700 followed by 25450 and 25800 On the downside support levels are identified at 25450 and 25500The US markets ended in the green zone overnight as Nasdaq added 046 per cent the SampP 500 moved up 017 per cent and the Dow lost 048 per centMost of the Asian markets were trading in the green during the morning session While Chinas Shanghai index added 088 per cent and Shenzhen inched up 139 per cent Japans Nikkei advanced 145 per cent while Hong Kongs Hang Seng Index added 169 per cent South Koreas Kospi added 158 per centOn the last trading session on Tuesday foreign institutional investors FIIs sold equities worth Rs 1883 crore while domestic institutional investors DIIs were net buyers of equities for the seventh straight session purchasing shares worth Rs 3516 crore IANS https://dailyworld.in/science/sensex-nifty-post-mild-gains-amid-positive-global-cues-647001.html Thu, 06 Nov 2025 12:45:00 +0530 https://dailyworld.in/science/ola-electric-posts-rs-418-crore-net-profit-loss-in-q2-revenue-slips-43-pc-647027.html New Delhi Nov 6 Bhavish Aggarwalrun Ola Electric Mobility Ltd reported a consolidated net loss of Rs 418 crore for the JulySeptember period Q2 FY26 its exchange filing said on Thursday as revenue slipped Revenue from operations dropped 43 per cent yearonyear to Rs 690 crore in Q2 FY26 down from Rs 1214 crore in Q2 FY25 indicating a substantial decline in sales for the quarterHowever the electric twowheeler makers operating EBITDA loss narrowed to Rs 203 crore during the quarter from Rs 379 crore a year earlier indicating improved cost efficiencyThe companys auto segment delivered an EBITDA margin at 03 per cent by reducing Auto operating expense from Rs 308 crore to Rs 258 crore onquarter the release saidAfter the announcements of the results Ola Electrics stock fell to Rs 494 on the NSE down 66 paise during intraday trade posting a decline of 132 per cent from the previous closeFor the Auto segment we expect lower volumes than the Q1 guidance as we continue to focus on margin and cash discipline in a hyper competitive market the company said in its filingFor H2 FY26 Ola Electric targets total deliveries of approximately 100000 units This moderation in unit volumes will be complemented by volumes from its new vertical beginning in Q4 the company addedThe company recorded sales of 16034 escooters in October marking a 61 per cent decline from 41843 units sold in the same month last year according to data from the governments Vahan portalOn a fullyear basis we now expect FY26 consolidated revenue of around Rs 3000 Rs 3200 crore reflecting a balanced focus on profitability over volumes the company saidThe auto segment will continue to improve QoQ profitability We expect to exit Q4 with Auto gross margins around 40 per cent and segment EBITDA of around 5 per cent it added IANS https://dailyworld.in/science/ola-electric-posts-rs-418-crore-net-profit-loss-in-q2-revenue-slips-43-pc-647027.html Thu, 06 Nov 2025 13:04:00 +0530 https://dailyworld.in/science/centre-throws-open-booth-bookings-for-startups-in-waves-bazaar-at-iffi-goa-2025-647049.html New Delhi Nov 6 The Ministry of Information and Broadcasting has announced the opening of bookings for WaveX booths the exclusive startup showcase zone in Waves Bazaar at the International Film Festival of India IFFI Goa 2025 according to an official statement issued on Thursday The initiative aims to provide a platform for emerging startups in the AVGCXR Animation Visual Effects Gaming Comics and Extended Reality and entertainment sectors to connect with global industry leaders investors and production studiosScheduled from November 2024 2025 WAVES Bazar will be located in the vicinity of Film Bazaar the prime networking hub of IFFI known for its dynamic participation from filmmakers producers and media professionals from across the worldEach booth will be available at a nominal cost of Rs 30000 per stall on sharing basis The facilities being provided to participating startups include two delegate passes lunch and high tea evening networking opportunity and direct visibility among global film media and tech professionals the statement saidInterested startups can register at wavexwavesbazaarcom Limited stalls are available and allocation will be on a firstcome firstserved basis the statement addedWaveX is a national startup accelerator and incubation initiative of the Ministry of Information and Broadcasting dedicated to nurturing innovation and entrepreneurship in the AVGCXR and mediatech ecosystemThrough collaborations with leading academic industry and incubation networks WaveX empowers creators and startups to scale their ventures contributing to Indias growing creative economyThe International Film Festival of India IFFI founded in 1952 is one of Asias most significant film festivals celebrating excellence in world cinema and serving as a meeting ground for filmmakers artists and cine enthusiasts Held annually in Goa IFFI attracts participation from across the global film fraternity and acts as a catalyst for creative collaboration and opportunitiesThe 56th edition of the International Film Festival of India IFFI is set to take place from 20th to 28th November 2025 in Panaji Goa the statement added IANS https://dailyworld.in/science/centre-throws-open-booth-bookings-for-startups-in-waves-bazaar-at-iffi-goa-2025-647049.html Thu, 06 Nov 2025 13:55:00 +0530 https://dailyworld.in/science/indias-solar-module-manufacturing-capacity-set-to-touch-165-gw-by-march-2027-647053.html Mumbai Nov 6 Indias solar photovoltaic module manufacturing capacity is projected to increase to over 165 GW by March 2027 up from approximately 109 GW currently a report said on Thursday The strong government support in the form of the approved list of models and manufacturers ALMM basic customs duty on imported cells and modules and the productionlinked incentive scheme drove the growth the report from ratings agency ICRA saidThe report forecasts annual solar capacity installations at 4550 gigawatt direct current GWdc while annual module production is expected to reach 6065 GW and this discrepancy may lead to a supply surplus potentially prompting consolidation among smaller and pureplay module playersThe ALMM ListII for cells effective June 2026 has encouraged OEMs to increase cell manufacturing to approximately 100 GW by December 2027 up from the current 179 GW listed under ALMM the report notedFurther the recent imposition of US tariffs have redirected the supply from the export market to the domestic market it notedHowever the report anticipated that the vertically integrated manufacturers will benefit over the long term due to greater control over the supply chainAnkit Jain Vice President and CoGroup HeadCorporate Ratings ICRA said that operating profitability for domestic solar OEMs at 25 per cent in FY25 is likely to moderate due to competitive pressures and overcapacity buildupAs the ALMM requirement for solar cells is effective from June 2026 a significant scaleup in the cell manufacturing capacity along with its stabilisation in a timely manner remains critical in the near term he addedDependence on China for wafers ingots poses significant risks for the industrys transition given Chinas dominance in global supply and the potential geopolitical restrictions for backward integration the report noted IANS https://dailyworld.in/science/indias-solar-module-manufacturing-capacity-set-to-touch-165-gw-by-march-2027-647053.html Thu, 06 Nov 2025 13:58:00 +0530 https://dailyworld.in/science/sbi-to-divest-63-pc-stake-in-sbi-funds-management-limited-via-ipo-647072.html New Delhi Nov 6 State Bank of India SBI on Thursday announced to divest 32060000 equity shares or 63007 per cent of the total equity capital of SBI Funds Management Limited SBIFML through initial public offering IPO Additionally Amundi India Holding the other promoter of SBIFML will divest 18830000 equity shares being equivalent to 37006 per cent of the total equity capital of SBIFML with a total of 100013 per cent stake comprising 50890000 shares to be listed according to its stock exchange filingSBI Funds Management Limited SBIFML will be the third subsidiary of SBI to be listed after SBI Cards and SBI Life Insurance Considering SBIFMLs sustained strong performance and market leadership over the years it is considered an opportune time to launch the IPO process said SBI Chairman Challa Sreenivasulu SettyApart from maximising value realisation for existing stakeholders the IPO will create opportunities for general shareholders broaden market participation and lead to increased awareness of the products among a wider set of potential investors he addedBoth the promoters of SBIFML have jointly initiated the IPO which is expected to be completed in 2026 Indias largest public sector lender stated in the filingValerie Baudson Chief Executive Officer of Amundi stated Over the years SBI Funds Management Limited has established itself as the leader in Indias asset management industry It has grown successfully leveraging on the powerful distribution capacity of SBIs network in India combined with Amundis global expertise in asset managementEarlier SBI reported a 64 per cent yearonyear YoY increase in its consolidated net profit to Rs 2150449 crore for the second quarter Q2 of FY26 as compared to Rs 2021962 crore in the same period last financial year Q2 FY25The difference between interest earned and interest paid or the banks net interest income NII increased 328 per cent year over year to Rs 42984 crore from Rs 41620 crore in the same quarter of the previous yearAccording to its earlier regulatory filing its domestic net interest margin NIM fell to 309 per cent 18 basis points lower than it was a year ago at 327 per cent IANS https://dailyworld.in/science/sbi-to-divest-63-pc-stake-in-sbi-funds-management-limited-via-ipo-647072.html Thu, 06 Nov 2025 14:50:00 +0530 https://dailyworld.in/science/ola-electric-posts-rs-418-crore-net-loss-in-q2-revenue-slips-43-pc-647086.html New Delhi Nov 6 Bhavish Aggarwalrun Ola Electric Mobility Ltd reported a consolidated net loss of Rs 418 crore for the JulySeptember period Q2 FY26 its exchange filing said on Thursday as revenue slipped Revenue from operations dropped 43 per cent yearonyear to Rs 690 crore in Q2 FY26 down from Rs 1214 crore in Q2 FY25 indicating a substantial decline in sales for the quarterHowever the electric twowheeler makers operating EBITDA loss narrowed to Rs 203 crore during the quarter from Rs 379 crore a year earlier indicating improved cost efficiencyThe companys auto segment delivered an EBITDA margin at 03 per cent by reducing Auto operating expense from Rs 308 crore to Rs 258 crore onquarter the release saidAfter the announcements of the results Ola Electrics stock fell to Rs 494 on the NSE down 66 paise during intraday trade posting a decline of 132 per cent from the previous closeFor the Auto segment we expect lower volumes than the Q1 guidance as we continue to focus on margin and cash discipline in a hyper competitive market the company said in its filingFor H2 FY26 Ola Electric targets total deliveries of approximately 100000 units This moderation in unit volumes will be complemented by volumes from its new vertical beginning in Q4 the company addedThe company recorded sales of 16034 escooters in October marking a 61 per cent decline from 41843 units sold in the same month last year according to data from the governments Vahan portalOn a fullyear basis we now expect FY26 consolidated revenue of around Rs 3000 Rs 3200 crore reflecting a balanced focus on profitability over volumes the company saidThe auto segment will continue to improve QoQ profitability We expect to exit Q4 with Auto gross margins around 40 per cent and segment EBITDA of around 5 per cent it added IANS https://dailyworld.in/science/ola-electric-posts-rs-418-crore-net-loss-in-q2-revenue-slips-43-pc-647086.html Thu, 06 Nov 2025 15:21:00 +0530 https://dailyworld.in/science/godrej-properties-net-profit-falls-32-pc-sequentially-to-rs-403-crore-in-q2-647092.html Mumbai Nov 6 Godrej Properties Limiteds consolidated profit after tax PAT for the second quarter of the current financial year Q2 FY26 dropped 32 per cent sequentially to Rs 40299 crore as compared to Rs 59840 crore in the previous quarter Q1 FY26 according to an exchange filing on Thursday The real estate firms revenue from operations for the quarter under review rose 70 per cent quarteronquarter QoQ to Rs 74038 crore from Rs 43456 crore in the AprilJune period Q1 FY26In contrast revenue from operations declined nearly 32 per cent yearonyear YoY from Rs 109323 crore while and PAT jumped nearly 21 per cent from Rs 33379 crore in the same period a year ago Q2 FY25Receiving RERA approval for our Worli project marks an important step forward in our development timeline The location offers a rare combination of scale connectivity and visibility said Gaurav Pandey MD amp CEO Godrej Properties said Gaurav Pandey MD and CEO Godrej PropertiesThis project further strengthens GPLs presence in South Mumbai and aligns with our strategy of acquiring and developing highpotential urban land parcels We will aim to deliver a landmark development that offers its residents an outstanding quality of life he addedThe company informed that it has received the project registration certificate from the Maharashtra Real Estate Regulatory Authority MahaRERA for its upcoming residential development Godrej Trilogy located in Worli MumbaiThis is part of a joint development to redevelop a prime land parcel in one of the citys most coveted neighbourhoods The development will comprise three towers to be developed on a 263acre plot The gross estimated revenue potential of the total project is over Rs 10000 crore the company said in its exchange filingFollowing the development the shares of Godrej Properties fell over 3 per cent in intraday trade to hit an intraday low at Rs 218660 At around 336 pm the stock was trading at Rs 222610 down 293 per cent IANS https://dailyworld.in/science/godrej-properties-net-profit-falls-32-pc-sequentially-to-rs-403-crore-in-q2-647092.html Thu, 06 Nov 2025 15:25:00 +0530 https://dailyworld.in/science/kfc-operator-devyani-international-slips-into-losses-sequentially-by-rs-239-crore-in-q2-647110.html Mumbai Nov 6 Devyani International Limited the operator of popular quick service restaurant QSR brands like KFC and Pizza Hut on Thursday slipped into losses by Rs 239 crore in Q2 FY26 on the sequential basis from Rs 22 crore profit in the previous quarter this fiscal Q1 FY26 On the yearonyear basis the losses widened by a massive 367 per cent from the loss of Rs 49 crore in the same quarter last fiscal Q2 FY25 as per its stock exchange filingThe company attributed the losses to outofhome consumption getting impacted due to both Shraavana and Navaratri falling in the same quarter according to the exchange filing on ThursdayFurther unseasonal rains especially in eastern parts of the country during the crucial second half of September also weighed down on the gainsThe companys consolidated revenues grew to Rs 1377 crore posting a 13 per cent YoY growth The revenue surge was fuelled by the opening of 263 new outlets in the past year bringing the total store count to 2184 unitsThe company posted Rs 5723 crore revenues from KFC India up 53 per cent YoYThe EBITDA margin fell to 141 per cent in the second quarter down from 163 per cent a year earlier due in part to losses from its acquisition of Sky Gate Hospitality the parent company of Biryani by KiloIt also cited declining demand and strong competition from local restaurants as reasons for the downturn noting that urban consumption is just starting to recover after a period of slow growthThe company in April had announced tieups with three international brands New York Fries Tealive and Sanook Kitchen to strengthen its overall portfolioThe company announced that it saw strong momentum in the business revenue from Biryani By Kilo and Goila Butter Chicken from Skygate portfolio post Dussehra It added that integration of Skygate with DIL remains on track and remain poised to achieve brand contribution breakeven by March 2026 IANS https://dailyworld.in/science/kfc-operator-devyani-international-slips-into-losses-sequentially-by-rs-239-crore-in-q2-647110.html Thu, 06 Nov 2025 17:09:00 +0530 https://dailyworld.in/science/indian-equity-indices-end-lower-amid-selling-in-broader-markets-647113.html Mumbai Nov 6 The domestic equity indices closed lower on Thursday amid selling in broader markets and continued FII outflows Selling pressure in banking Financial Services and FMCG heavyweights dragged the market sentiment as wellSensex ended the session at 8331101 down 14814 points or 018 per cent The 30share index started the session in green at 8351669 against last days closing of 8345915 However the index fell due to selling in banking Financial Services and broader marketsNifty closed at 2550970 down 8795 points or 034 per centVolatility dominated the domestic market with broadbased profit booking seen amid continued FII outflows despite a supportive Asian market Early optimism from the inclusion of four Indian companies in the MSCI Global Standard Index and strong US macro data was offset by weak domestic PMI readings indicating softening sentiment said Vinod Nair Head of Research Geojit Investments LimitedMost sectors traded lower though IT stocks remained resilient supported by inline earnings and improvement in US macro data Amid overall caution selective buying emerged in fundamentally strong companies due to betterthanexpected Q2 earningsFrom the Sensex basket PowerGrid Eternal BEL Bajaj Finance ICICI Bank Titan NTPC Tata Steel Bharati Airtel Kotak Bank LampT and Bajaj FinServ were the top losers Asian Paint Mahindra and Mahindra TCS Maruti Suzuki and Tata Motors Passenger Vehicle ended the session in positive territoryThe majority of sectoral indices fell amid selling pressure Nifty Fin Services slipped 162 points or 060 per cent Nifty Bank decreased 272 points or 047 per cent and Nifty FMCG closed 103 points or 019 per cent down Meanwhile Nifty IT and Nifty Auto ended the session slightly upBroader followed the suit as well Nifty Small Cap 100 fell 255 points or 139 per cent Nifty Midcap 100 dipped 568 points or 095 per cent and Nifty 100 ended the session 129 points or 049 per cent lower IANS https://dailyworld.in/science/indian-equity-indices-end-lower-amid-selling-in-broader-markets-647113.html Thu, 06 Nov 2025 17:13:00 +0530 https://dailyworld.in/science/crypto-exchange-dunamu-faces-243-million-fine-over-customer-identification-violation-647115.html Seoul Nov 6 South Koreas financial watchdog on Thursday slapped a fine of 352 billion won 243 million on Dunamu the operator of the countrys top cryptocurrency exchange Upbit for violating customer identification obligations The Financial Intelligence Unit FIU under the Financial Services Commission said Dunamu did not comply with its obligations to verify the identities of users in about 53 million cases and committed other violations including failing to report 15 suspicious transactions reports Yonhap news agencyIn particular the company accepted photocopies or rephotographed image files of user portraits in which their identities could not be fully verified instead of requiring original documentsThere were also cases in which the address field of the customer identification documents was left blank or contained inaccurate or irrelevant information according to the FIUIn addition Dunamu violated its obligation to restrict transactions by users whose verification process had not been completed in 33 million casesWe have completed protective measures for investors and will make efforts to prevent a recurrence of such violations Dunamu said in a releaseThe FIU will give Dunamu 10 days to submit its opinion before finalising the fineEarlier in the day KT Corp South Koreas secondlargest mobile carrier was found to have concealed critical malware infections and failed to report the security breaches that led to a recent hacking and data theft incident a governmentled investigation revealedThe joint governmentprivate investigation team which is examining KTs recent cyberattack linked to illegal micro base stations said the company learned between March and July of 2024 that 43 of its servers had been infected with socalled BPFDoor malware and other malicious codeDespite detecting the infections which exposed customer data the company did not notify authorities and instead attempted to handle the issue internally according to the teamBPFDoor malware enables remote attackers to bypass firewalls and maintain longterm access to compromised systems It was also used in a separate hacking case involving industry leader SK Telecom Co reported earlier this year IANS https://dailyworld.in/science/crypto-exchange-dunamu-faces-243-million-fine-over-customer-identification-violation-647115.html Thu, 06 Nov 2025 17:15:00 +0530 https://dailyworld.in/science/cromptons-q2-net-profit-falls-41-pc-to-rs-75-crore-647128.html Mumbai Nov 6 Crompton Greaves Consumer Electricals Limited on Thursday reported a 41 per cent yearonyear YoY decline in its consolidated net profit for the JulySeptember period Q2 FY26 at Rs 7542 crore The electrical goods manufacturer had posted a profit of Rs 12807 crore in the corresponding quarter a year ago Q2 FY25The companys total revenue for the quarter under review stood at Rs 192896 crore up 154 crore YoY from Rs 191353 crore Sequentially the total revenue dropped over 93 crore or 46 per cent from Rs 202205 crore and net profit fell 39 per cent from Rs 12390 crore in the previous quarter Q1 FY26Meanwhile the Mumbaibased firms total expenses for Q2 FY26 declined significantly to Rs 2678 crore from Rs 4267 crore in Q2 FY25 and Rs 4219 crore in Q1 FY26Electrical consumer durables contributed the most Rs 137116 crore to its total revenue this quarter followed by butterfly products Rs 28335 crore and lighting products Rs 26106 croreDespite a challenging environment our welldiversified product portfolio remained resilient with strong momentum in pumps small domestic and kitchen appliances We believe GST 20 will act as a structural catalyst to consumption with benefits percolating to the durables segment in a phased manner said Promeet Ghosh MD and CEO of the companyDuring the current quarter the solar rooftop business secured its 1st ever order of Rs 52 crore followed by the largestever order of Rs 445 crore cumulating to a total of Rs 500 crore and 50000 units he addedThese orders are expected to provide a significant fillip to our directtoconsumer business and mark the beginning of a new growth engine backed by the companys proven excellence in execution and a robust supply chain network Ghosh said furtherThe shares of the company closed lower on Thursday following subdued Q2 earnings The stock closed at Rs 27755 down 201 per cent on NSE IANS https://dailyworld.in/science/cromptons-q2-net-profit-falls-41-pc-to-rs-75-crore-647128.html Thu, 06 Nov 2025 18:08:00 +0530 https://dailyworld.in/science/vibrant-aquatic-and-reptile-life-thrives-along-and-beneath-iconic-grasslands-of-assams-kaziranga-national-park-647129.html Guwahati Nov 6 Beneath and along the iconic grasslands of Assams Kaziranga National Park Indias seventh UNESCO World Heritage Site thrives a vibrant world of fish frogs and reptiles showcasing the parks rich biodiversity Kaziranga National Park and Tiger Reserve KNPTR Director Sonali Ghosh on Thursday said that a rapid survey conducted by the Kaziranga Park authority has revealed a rich assemblage of 77 species of freshwater fish forming a major share of Assams 216 indigenous fishes and contributing to the Northeasts remarkable diversity of 422 native fish speciesThe park also supports 108 species of amphibians and reptiles far exceeding the 70plus herpetofauna recorded from other parts of the state and adding to the 274plus herpetofaunal species known from the northeastThe survey was conducted between July and September this year in collaboration with scientists and researchers from the Wildlife Institute of India WII Ghosh saidShe noted that the unique species and richness of native species of fish and herpetofauna indicate that Kaziranga is providing a pristine habitat to wild faunaThe diversity of amphibians and reptiles in turn also serves as key indicators of ecosystem health that play vital roles in maintaining ecological balance the senior Indian Forest Service IFS official said adding that the surveys although rapidly undertaken mark a significant step toward deepening ecological understanding of this UNESCO World Heritage siteShe said that the reports were released along with other publications such as the annual report of the KNPTR and a Poetry Collection by Dr Tapti Baruah Kashyap in a ceremonial event earlier this week at Kohora Convention Centre by Assams Environment Forest and Climate Change Minister Chandra Mohan PatowaryAssam Chief Minister Himanta Biswa Sarma took to social media and posted a video along with a message lauding the dedicated work of the Forest Departments officers and frontline staff of the KNPTRKaziranga National Park a vibrant emblem of Assams natural heritage Nestled in the heart of unique wilderness this forest thrives with an extraordinary diversity of rare species It is heartening to note that a recent survey has identified 108 species of herpetofauna here representing a significant share of the 274 species of amphibians and reptiles found across Northeast India This achievement reflects the sustained conservation efforts of our government and the dedicated work of the forest departments officers and frontline staff who continue to safeguard this invaluable ecosystem he saidReferring to the fish survey report the KNPTR Director said that a total of 44 fish species belonging to 18 families were recorded with Cyprinidae and Danionidae emerging as the most dominant families When combined with earlier research Kazirangas overall ichthyofaunal diversity stands at 77 unique species reaffirming its status as a key refuge for freshwater biodiversity in the Brahmaputra basinThe report underscores the ecological importance of fish in sustaining nutrient cycles food webs and habitat connectivity while supporting species such as otters fishing cats and waterbirdsIt also highlights threats from climate change siltation hydrological changes and unregulated fishing calling for longterm monitoring and stronger conservation measuresKazirangas aquatic systems are as vital as its grasslands and forests reaffirming the parks role as a living laboratory for freshwater biodiversity and a model for integrated wetland and floodplain managementGhosh said that the Herpetofauna survey report presents the findings of the diversity of amphibians and reptiles collectively known as herpetofauna in and around Kaziranga The study was carried out jointly by forest officials frontline staff scientists and researchers reflecting a coordinated effort to document and understand Kazirangas herpetofaunal diversity The survey recorded 31 species of herpetofauna comprising 17 amphibians and 14 reptiles belonging to 19 genera and 14 families Amphibians were found to be most abundant along forest trails and stream habitats while reptiles showed greater richness in stream zonesIn addition to the visual survey the study included AIbased passive acoustic monitoring to capture amphibian calls in potential breeding habitats This noninvasive bioacoustic approach helped document species richness patterns across different habitat types and demonstrated the effectiveness of acoustic methods for amphibian monitoringThe report consolidates both new and historical records bringing the total checklist of herpetofaunal species in Kaziranga to 108 including threatened species such as the King Cobra Ophiophagushannah Assam Roofed Turtle Pangshura Sylhetensis and Asian Brown Tortoise Manouriaemys including the rare Striped caecilian Chiromantisassamensis VU Cyrtodactylus Kaziranga Ensis DD found only in Kaziranga Nilssonianigricans CR and Varanusflavescens EN IANS https://dailyworld.in/science/vibrant-aquatic-and-reptile-life-thrives-along-and-beneath-iconic-grasslands-of-assams-kaziranga-national-park-647129.html Thu, 06 Nov 2025 18:09:00 +0530 https://dailyworld.in/science/bitcoin-tumbles-below-100-000-amid-global-market-sell-off-646875.html Mumbai Nov 5 Bitcoin prices fell sharply on Wednesday briefly dipping below the 100000 mark amid heavy selling in the spot market The fall came as part of a broader global selloff in risk assets with investors increasingly worried about overvalued markets and fading risk appetiteThe worlds largest cryptocurrency dropped 37 per cent to trade at 101822 after touching an intraday low of 9901006 its weakest level since midJuneOther major digital assets also traded lower with Ethereum sliding 676 per cent to 333165 Solana down 316 per cent at 15766 XRP declining 316 per cent to 224 and Dogecoin slipping 147 per cent to 0165Bitcoin has now officially entered bear market territory falling more than 20 per cent from its record high of 126186 reached in early OctoberAccording to data from analytics firm CoinGlass more than 127 billion worth of leveraged crypto positions were liquidated earlier this week most of them being long positions as traders betting on further price gains faced steep lossesIn total nearly 2 billion in crypto positions were wiped out in the past 24 hours although the scale was smaller compared to the 19 billion liquidations seen during last months crashReports suggest that open interest in Bitcoin futures remains subdued while options traders are increasingly betting on further downside with several targeting the 80000 level through put contractsThe latest slide in Bitcoin coincided with weakness across global equity markets Fears of an artificial intelligencedriven bubble in tech valuations and concerns about stretched stock prices sparked broad selling on Wall StreetOn Tuesday the Dow Jones Industrial Average fell 25144 points or 053 per cent to 4708524 The SampP 500 declined 8042 points or 117 per cent to 677155 while the Nasdaq Composite plunged 48609 points or 204 per cent to close at 2334864Analysts said the correction in crypto mirrors the growing caution across global markets as investors brace for a potential pullback after months of rapid gains driven by optimism over AI and digital assets IANS https://dailyworld.in/science/bitcoin-tumbles-below-100-000-amid-global-market-sell-off-646875.html Thu, 06 Nov 2025 00:00:00 +0530 https://dailyworld.in/science/a-three-day-journey-into-the-future-of-artificial-intelligence-ai-journey-2025-schedule-released-647136.html Moscow Nov 6 The organisers have released the schedule of AI Journey 2025 the 10th International Conference coorganised with the participation of AI Alliance Russia Keynote speakers will include leading experts and visionaries from the global AI community who will showcase an innovative perspective on technology development Presentations are scheduled from experts representing Russia China India Serbia Brazil Bahrain the USA Malaysia and other countriesAlexander Vedyakhin First Deputy Chairman of the Executive Board Sberbank said The anniversary conference retains all the best traditions of AI Journey prominent names from the world of artificial intelligence relevant agendas announcements of topnotch designs and international networking in a hybrid format This years program focuses on technology innovation and use cases that demonstrate the potential of generative AI to multiply human capabilities for businesses and society I invite every AI enthusiast to join AI Journey a platform where insights are born and the technological future of the planet is shapedThe first day of the conference November 19 will focus on the use of generative artificial intelligence GenAI in both daily life and national development Sessions include debunking myths about the electricity of the 21st century demonstrations of solutions for everyday tasks and talk shows exploring the global impact of technology on the planet and societyNovember 20 will focus on AI use in economic sectors and business processes The day will start with a speech by First Deputy Chairman Vedyakhin Deputy Chief of Staff of the Presidential Executive Office Maxim Oreshkin was also invited to participate in the opening Following this Andrey Belevtsev Senior Vice President and head of Sberbanks Technological Development will discuss market trends and new solutions developed at Sberbank Highlights include presentations by keynote speakers from partner technology companies notably Chen Qiufan a renowned Chinese science fiction writer President of the World Chinese Science Fiction Writers Association and coauthor of the bestseller AI 2041 He will deliver a lecture titled The Future of AI From Fiction to Reality Significant events of the day include the second international business forum of BRICS countries on AI a session of the AI Alliance and the award ceremony for recipients of the national AI Leaders prize for contributions to the development of artificial intelligenceOn the same day the special offline track AIJ Deep Dive will commence Running on November 2021 it will include presentations by top AI experts from Russia and around the globe talks by research centres highlighting groundbreaking scientific articles pitch sessions by leading Russian AI startups and presentations of business solutions based on GenAI and multiagent approachesOn November 21st designated as the Day of Artificial Intelligence in Science the event will be opened by Deputy Prime Minister of Russia Dmitry Chernyshenko and Belevtsev One of the key events of the day will be the summary of the AI Horizons foresight sessions which took place in various countries worldwide in 2025 under the auspices of AI Alliance Network an international artificial intelligence alliance The days programme will feature presentations by researchers from around the world Ajith Abraham from Sai University India will speak on Generative AI in Healthcare Nebojsa Bacanin Dzakula from Singidunum University Serbia will discuss the latest advances in bioinspired metaheuristics Alexandre Ferreira Ramos from the University of Sao Paulo Brazil will present a study on transcriptional control regulatory logic at the DNA level using thermodynamic models Anderson Rocha from the University of Campinas Brazil will deliver a speech titled Revolution of Convergence Artificial Intelligence Nanotechnology Biotechnology IoT Robotics and BeyondOn Science Day AIJ will traditionally host AIJ Junior a unique youth track Russian professionals will share handson advice on using AI solutions for learning creativity and selfdevelopment Additionally interviews with winners of international competitions in artificial intelligence and the exact sciences will inspire young audiences to seek new opportunities for growth in this fieldTo conclude the day the conference will honour the winners of the AI Challenge for young data researchers the AIJ Contest for experienced AI specialists and unveil the results of the open selection of scientific papers for AIJ Science The best works will be published in a scientific journal issued jointly with the Russian Academy of Sciences and the best article will receive a monetary awardThe conference will be streamed live on the website in Russian English and Arabic with simultaneous interpretation into Russian Sign Language accompanying the main stage broadcast IANS https://dailyworld.in/science/a-three-day-journey-into-the-future-of-artificial-intelligence-ai-journey-2025-schedule-released-647136.html Thu, 06 Nov 2025 18:56:00 +0530 https://dailyworld.in/science/nasscomfoundation-ondc-todigitallyempower-200women-ledbusinesses-in-karnataka-646883.html Bengaluru Nov 5 Nasscom Foundation on Wednesday announced a collaboration with the ONDC Network to enable women entrepreneurs in Karnataka to join the mainstream of ecommerce Under the partnership Nasscom onboarded 200 womenled enterprises on the ONDC Network providing them with access to expansive ecommerce markets enabling new entrepreneurial opportunities and accelerating business growth for IndiaWith a focus on sustainability the initiative also supported sellers from sectors such as handicrafts handloom and manufacturing helping them increase incomes and improve longterm business outcomesIndias ecommerce market is slated to surpass the US to become the second largest globally by 2034 as per many industry reports Yet many small and medium sellers still lack the digital expertise needed to thrive in this space limiting their growth opportunities a scenario which is more skewed for women said Jyoti Sharma CEO Nasscom FoundationOur collaboration with ONDC Network has helped bridge the digital divide by building capacities and empowering 200 women entrepreneurs to seamlessly enter and thrive in online marketplaces By harnessing technology and skill development we have provided them with a level playing field and access to sustainable market linkages to ultimately drive economic growth she addedThe initiative has been implemented across 22 districts of Karnataka including rural and urban regions of Bengaluru Mysuru Hubballi Channapatna Belgaum Udupi etcIt addresses the significant challenges faced by women entrepreneurs including limited market access lack of digital and financial skills and no prior ecommerce experienceAs part of the initiative women entrepreneurs received onground support through training cataloguing and GST registrationThe programme also built their capacities connected them with stakeholders and ensured regular governance for problemsolving and quality controlThrough the right tools skills and resources the initiative equipped women entrepreneurs with essential tools to compete in the modern business landscape amplifying their market presence and driving sustainable growthEvery woman entrepreneur carries a story of resilience determination and aspiration Through this collaboration with Nasscom Foundation ONDC Network is providing the digital infrastructure that enables enterprises to access wider markets and strengthen their businesses The true transformation lies in the way these women are adopting digital tools building new skills and embracing new opportunities to grow their ventures said Vibhor Jain Acting CEO and COO at ONDC IANS https://dailyworld.in/science/nasscomfoundation-ondc-todigitallyempower-200women-ledbusinesses-in-karnataka-646883.html Thu, 06 Nov 2025 00:21:00 +0530 https://dailyworld.in/science/adani-energy-solutions-to-supply-60-mw-green-energy-to-textile-manufacturer-rswm-646884.html Ahmedabad Nov 5 RSWM one of Indias leading textile manufacturers on Wednesday said it has signed an agreement with Adani Energy Solutions Ltd AESL for the supply of 60 MW of renewable energy Adani Energy Solutions will manage the entire green power value chain for the additional power requirement of RSWM the flagship company of LNJ Bhilwara GroupRSWM invested Rs 60 crore under the Group Captive Scheme with a renewable genco green generation company for the supply of 3153 crore units of green power per annum to its manufacturing facilities across RajasthanWith this addition the contribution of renewable energy in RSWMs total energy requirement will rise from the current 33 per cent to 70 per cent in the near future two thirds of its total energy mixRiju Jhunjhunwala Chairman Managing Director and CEO RSWM said that this achievement underscores our longterm vision to align growth with sustainability and reinforce our position as a forwardlooking industrial leaderBy sourcing 70 per cent of our total energy requirement from renewable sources well above the national average of Indias clean energy mix 31 per cent RSWM continues to set industry benchmarks in responsible energy transition he addedAccording to Kandarp Patel CEO AESL we are delighted to partner with RSWM on this landmark initiative that demonstrates how sustainability is becoming integral to businessesThis collaboration is a testament to the scalability and impact of renewable power in strengthening industrial growth while ensuring sustainability As a leading energy solutions provider for the Commercial and Industrial CampI sector we feel privileged to play a catalytic role in helping industries decarbonise through our innovative offerings Patel mentionedAESLs commercial and industrial CampI vertical serves bulk electricity users with customised energy solutions By delivering reliable competitively priced and increasingly green power AESL helps businesses across sectors meet both operational and sustainability needs The company is targeting a CampI portfolio of 7000 MW over the next five yearsBy integrating hybrid power RSWM is not only reducing its carbon footprint but also enhancing longterm energy security and operational efficiency said Rajeev Gupta Joint Managing Director RSWMAESL is the countrys largest private transmission company with a presence across 16 states and a cumulative transmission network of 26705 ckm and 97236 MVA transformation capacity IANS https://dailyworld.in/science/adani-energy-solutions-to-supply-60-mw-green-energy-to-textile-manufacturer-rswm-646884.html Thu, 06 Nov 2025 00:25:00 +0530 https://dailyworld.in/science/lic-clocks-32-per-cent-jump-in-q2-net-profit-at-rs-10-053-crore-647141.html New Delhi Nov 6 Life Insurance Corporation of India LIC on Thursday reported a robust 32 per cent increase in standalone net profit to Rs 1005339 crore for the second quarter of the current financial year compared with the corresponding figure of Rs 762086 crore in the same period of the previous financial year LICs net premium income grew 55 per cent yearonyear to Rs 126 lakh crore during the JulySeptember quarter from 12 lakh crore in the same period last year while the solvency ratio increased to 213 per cent from 198 per cent in the yearago periodThe asset quality for policyholders funds also improved during the quarter as NPA fell to Rs 394 per cent from Rs 617 per cent in Q2 FY25In the first six months of FY26 H1FY26 LICs net profit amounted to Rs 21040 crore marking a 1636 per cent increase yearonyear YoYThe company statement noted that LICs total premium income for the six months H1FY26 rose 514 per cent yearonyear to Rs 245680 crore Individual business premium increased to Rs 150715 crore while group business premium rose to Rs 94965 croreThe companys renewal premium in the individual segment grew 614 per cent to Rs 122224 croreR Doraiswamy CEO and MD of LIC said that the company is very optimistic about the positive impact of the GST changes announced for the Insurance Industry by the GovernmentIt is our firm belief that these changes are in the best interest of customers and will lead to further accelerated growth of the life insurance industry in India As LIC we have ensured that all intended benefits of GST changes are passed onto the customers Doraiswamy addedLife Insurance Corporation of India has been ranked third among the worlds strongest insurance brands achieving a Brand Strength Index BSI score of 88 out of 100 according to the Brand Finance Insurance 100 2025 reportPolandbased PZU secured the top spot with a BSI score of 944 followed by China Life Insurance which ranked second with a BSI score of 935 IANS https://dailyworld.in/science/lic-clocks-32-per-cent-jump-in-q2-net-profit-at-rs-10-053-crore-647141.html Thu, 06 Nov 2025 19:02:00 +0530 https://dailyworld.in/science/google-launches-skilling-programme-for-indian-startup-founders-646890.html New Delhi Nov 5 US tech giant Google announced on Wednesday a twoweek programme under Google for Startups India to equip earlystage founders startup teams and aspiring entrepreneurs in developing launchready AI prototypes with Googles AI tools The attendees will be equipped with the essential tools and knowledge to rapidly turn their ideas into functional AIpowered prototypes using Googles cuttingedge AI technologies the release saidThe programme will run from November 27 to December 7 2025 where participants will learn to ideate research design and deploy AIfirst solutions using Googles AI tools such as tools such as Gemini Nano Banana Imagen Veo NotebookLM and AI StudioThe program offers practical skills focused on AIFirst Prototyping AIPowered Research and AI Creative Studio it addedAttendees who succeed will obtain a Googlerecognised Certificate of Participation and qualify for the Build the Future Showcase in January 2026 for outstanding innovators which includes invaluable mentorship from Google experts the release notedAt Google for Startups our goal is to make the power of AI accessible to every founder dismantling traditional coding barriers By leveraging the speed and seamless integration of Googles fullstack AI ecosystem the program will enable entrepreneurs to move from concept to creation faster and with greater confidence said Ragini Das Head of Google for Startups IndiaMeitY Startup Hub Startup India IndiaAI Mission and Nasscom have supported the initiative Google notedMeitY Startup Hub CEO Panneerselvam Madanagopal said that the collaboration reflects the vision of Digital India and Viksit Bharat by empowering founders across the country to create globally competitive solutions for social upliftment using AIGoogle in September had announced the latest cohort of its free threemonth AI accelerator program a group of 20 startups selected from over 1600 applicants to scale AIdriven solutions across healthcare finance climate education and moreThe company mentioned that Indias generative AI ecosystem has grown 37fold over the past year making it the worlds secondlargest GenAI startup hub IANS https://dailyworld.in/science/google-launches-skilling-programme-for-indian-startup-founders-646890.html Thu, 06 Nov 2025 00:39:00 +0530 https://dailyworld.in/science/adani-subsidiarykutch-copper-joins-caravel-minerals-to-fast-track-key-australian-copper-project-647149.html Ahmedabad Nov 6 Caravel Minerals Ltd on Thursday announced the signing of a landmark nonbinding MoU with Kutch Copper Ltd KCL a subsidiary of Adani Enterprises Ltd AEL paving the way for a strategic collaboration on the flagship Caravel Copper Project in Western Australias Murchison region The companies will explore investment and offtake opportunities to accelerate development of the project towards a Final Investment Decision FID in 2026 combining Caravels worldclass resource with Adanis proven smelting processing and logistics capabilitiesThe companies further said that the MoU further outlines collaborative workstreams including coengineering to optimise product specifications for Kutch Coppers downstream facilities joint procurement to fasttrack delivery schedules and leveraging the IndiaAustralia FTA Free Trade Agreement to promote crossborder resource development and workforce skillingCopper is the backbone of the global energy transition and our partnership with Caravel Minerals strengthens Indias and Australias role in building a resilient and responsible supply chain for this vital metal said Dr Vinay Prakash CEO Natural Resources AdaniKutch Copper with its worldclass infrastructure and ESG standards is delighted to align with Caravel to create a model of sustainable value creation across continents he addedThe partnership also establishes an exclusive framework for negotiating a lifeofmine offtake agreement covering up to 100 per cent of Caravels copper concentrate output which is expected to be around 62000 to 71000 tonnes of payable copper per annum in the early yearsThe concentrate would directly feed into KCLs stateoftheart 12 billion Australian 18 billion Kutch Copper Smelter the worlds largest singlelocation copper facility set up in GujaratThis collaboration with Adanis Kutch Copper marks a pivotal step in realising the full potential of the Caravel Copper Project It brings together complementary strengths Adanis downstream expertise and Caravels worldscale resource under a shared vision for responsible longterm copper production said Don Hyma Managing Director Caravel Minerals LimitedCaravels Caravel Copper Project located about 150 km northeast of Perth is one of Australias largest undeveloped copper resources with a potential mine life exceeding 25 years and an estimated 13 million tonnes of payable copper The projects allin sustaining cost AISC is forecast at US 207 per pound positioning it among the lowestcost producers globallyAs part of the agreement KCL has been granted the first rights to participate in direct equity or projectlevel investments during the term of the MOU The discussions are aligned with the Projects Australian 17 billion initial capex and designed to support phased development IANS https://dailyworld.in/science/adani-subsidiarykutch-copper-joins-caravel-minerals-to-fast-track-key-australian-copper-project-647149.html Thu, 06 Nov 2025 20:00:00 +0530 https://dailyworld.in/science/ai-a-horizontal-cross-cutting-techushering-india-towards-viksit-bharatmeityofficial-646894.html New Delhi Nov 5 AI is a horizontal and crosscutting technology that can usher India towards Viksit Bharat goals said S Krishnan Secretary Ministry of Electronics and Information Technology MeitY on Wednesday He was speaking at a highlevel panel discussion on AI at the Emerging Science Technology amp Innovation Conclave ESTIC 2025 being held at Bharat Mandapam in New Delhi from November 35Chairing the session Krishnan spoke about how India can harness AI responsibly to drive innovation inclusion and global competitivenessThe critical aspect of all technology is the impact it has on society how it enhances the quality of life and what it offers to the people of the country For India this is truly an opportunity to leverage a horizontal crosscutting technology like AI to ensure the country is firmly on the path to becoming Viksit Bharat by 2047 said S Krishnan Secretary MeitYThe panel including leading voices from government academia and industry explored Indias evolving AI ecosystem from expanding digital infrastructure and developing indigenous large language models to advancing ethical AI governance and fostering global partnershipsThe experts emphasised the need to align technological progress with the countrys developmental priorities and social inclusion goalsAbhishek Singh Additional Secretary MeitY spoke on the IndiaAI Missions integrated approach to building a worldclass AI ecosystemTo unlock pathways for AI innovation the IndiaAI Mission is addressing all the gaps that exist in our story Our biggest advantage is the human capital we have but to build AI models and applications we also need accessible computers quality datasets and sustained investment said Singh also the Director General National Informatics Centre amp CEO IndiaAI MissionThrough the Missions sevenpillar strategy including lowcost computers data platforms foundation models startup support and tools for safe and trustworthy AI we are creating an ecosystem that enables India to catch up with the best in the world The goal is to build AI applications that not only serve Indias needs but also set global benchmarks for innovation ethics and trust he addedThe session also set the stage for the upcoming India AI Impact Summit 2026 focusing on Indias evolving AI ecosystem from expanding digital infrastructure and advancing indigenous large language models to strengthening ethical AI governance and fostering international collaboration IANS https://dailyworld.in/science/ai-a-horizontal-cross-cutting-techushering-india-towards-viksit-bharatmeityofficial-646894.html Thu, 06 Nov 2025 00:48:00 +0530 https://dailyworld.in/science/microsoft-to-offer-in-country-copilot-data-processing-in-india-by-2025-end-646904.html New Delhi Nov 5 US tech giant Microsoft announced on Wednesday that it will provide incountry processing for Microsoft 365 Copilot interactions in four countries including India by the end of CY2025 Further Microsoft will expand this option to eleven more countries the release said adding that incountry data processing for Microsoft 365 Copilot interactions will enhance customer control over AI dataFurther incountry data processing can also improve performance by reducing latency delivering an even more responsive Copilot experience the company saidBy the end of 2025 customers in Australia the United Kingdom India and Japan will have the option for Copilot interactions to be processed within their national bordersIn 2026 the capability will expand to Canada Germany Italy Malaysia Poland South Africa Spain Sweden Switzerland the United Arab Emirates and the United StatesMicrosoft mentioned that incountry processing allows Copilot interaction data to be processed in data centres within the customers nation giving customers greater control over their dataThis offer is designed to enable customers particularly those in government and highly regulated industries to access Microsoft 365 Copilot with an additional option for governance security and regulatory compliance it saidA map of the Microsoft 365 data residency and processing commitments highlighting the countries where incountry data processes will be available by the end of 2025 and in 2026 the release saidCurrently Microsoft offers incountry data residency to Microsoft 365 and Microsoft 365 Copilot customers in 27 countries and inregion data residency and processing for countries within the European Union EU Data BoundaryIndias data centre capacity is expected to grow from the current 12 GW to about 8 GW by 2030 expanding at an annual rate of nearly 17 per cent driven by the countrys rapid digital transformation growing internet usage and rising demand for AI and cloudbased services according to Trade Brains report IANS https://dailyworld.in/science/microsoft-to-offer-in-country-copilot-data-processing-in-india-by-2025-end-646904.html Thu, 06 Nov 2025 01:26:00 +0530 https://dailyworld.in/science/ethiopia-to-adopt-indias-day-nrlm-scheme-to-root-out-rural-poverty--647161.html New Delhi Nov 6 A highlevel delegation from the government of Ethiopia has concluded a weeklong learning and exposure visit to India which focused on understanding the implementation strategies of the Deendayal Antyodaya Yojana National Rural Livelihoods Mission DAYNRLM Indias flagship initiative for poverty alleviation and womens economic empowerment The Ethiopian delegates expressed their intention to apply the lessons learned from NRLM to their Productive Safety Net Program PSNP and invited Indian partners to collaborate in driving further innovationWorld Bank representatives reaffirmed their commitment to supporting womens livelihood transformation in Ethiopia and underscored the importance of government leadership enabling policies and private sector engagement according to an official statement issued on ThursdayThe wrapup session was attended by Molalign Asfaw Deputy Ambassador of Ethiopia to India representatives from the World Bank and Rajeshwari S M Director DAYNRLM Ministry of Rural Development The Ethiopian delegation included representatives from nine regions one city administration and two key sectorsThe delegates appreciated the depth of engagement the expertise demonstrated by Indian officials and the value of peertopeer knowledge exchange throughout the visitThe delegation commended the standardisation and adaptability of NRLMs design noting how it customises programme structures to suit diverse local contextsThey were particularly impressed by the role of sakhis communitybased facilitators who deliver lastmile support and resources to women across rural IndiaThe delegates highlighted several innovations such as bank linkages diversified livelihood activities and departmental convergence as key contributors to social and economic empowerment for women according to an official statementInspired by the success stories of womens collectives one delegate remarked Women are the foundation of any economy When we invest in women we invest in the whole worldAddressing the concluding session the Ambassador of Ethiopia to India emphasised the longstanding partnership between the two nations and the importance of sustained policy exchanges in shaping institutional evolution and impactful interventionsHe highlighted the need for a comprehensive conceptual framework and constant monitoring to ensure policy inclusion and improvementThe Ambassador also recognised Indias global leadership in Digital Public Infrastructure DPI and acknowledged Ethiopias parallel efforts toward holistic sectoral collaborationHe called for strengthening institutional commitments and adapting Indias successful experiences to the Ethiopian context IANS https://dailyworld.in/science/ethiopia-to-adopt-indias-day-nrlm-scheme-to-root-out-rural-poverty--647161.html Thu, 06 Nov 2025 21:08:00 +0530 https://dailyworld.in/science/india-sees-highest-ai-bot-activity-in-apac-followed-by-japan-and-china-report-646907.html New Delhi Nov 5 India leads the AsiaPacific region in AI bot activity and a 300 per cent increase in automated traffic globally is witnessed over the past year a report said on Wednesday AI bots generated 32 billion triggers in India positioning the country as the most targeted in the APAC region followed by Japan and China said the report from cybersecurity and cloud computing company Akamai TechnologiesThe report revealed an alarming spike in automated traffic driven largely by AIpowered bots targeting websites across all industriesThese bots generate billions of requests significantly distorting digital operations and analytics and make up nearly 1 per cent of total bot traffic on Akamais platformThe spike is primarily caused by content scraping which undermines traditional webbased business models publisher analytics and ad revenueAs bot traffic grows publishers and other contentdriven businesses are seeing corrupted analytics and collapsing ad revenues through bots extracting value without giving any in returnThe report also revealed that the rapid growth of AIenabled tools has made it easier than ever for both experienced threat professionals and new malicious actors to launch impersonation attacks conduct social engineering distribute phishing campaigns and commit identity fraud using AIgenerated fake documents and imagesIn addition malicious bots such as FraudGPT WormGPT ad fraud bots and return fraud bots are driving up costs degrading site performance and skewing key metricsFurther the global report stated that the commerce industry leads in AI bot activity registering more than 25 billion bot requests over a twomonth observation periodBut publishing faced the largest impact in the digital media industry representing 63 per cent of AI bot triggersIn the healthcare sector more than 90 per cent of AI bot triggers stem from scraping largely by search and training bots the report said IANS https://dailyworld.in/science/india-sees-highest-ai-bot-activity-in-apac-followed-by-japan-and-china-report-646907.html Thu, 06 Nov 2025 01:35:00 +0530 https://dailyworld.in/science/indias-data-centre-industry-set-to-grow-eightfold-by-2030-646719.html New Delhi Nov 4 Indias data centre industry is witnessing a massive boom driven by the countrys rapid digital transformation growing internet usage and rising demand for AI and cloudbased services With Googles 15 billion investment India is positioning itself as a major global data hubAccording to estimates Indias data centre capacity is expected to grow from the current 12 GW to about 8 GW by 2030 expanding at an annual rate of nearly 17 per cent according to Trade Brains reportThis growth will make India one of the fastestgrowing data centre markets in the worldThe surge in internet penetration and data usage has been a key growth driverIndias internet penetration has risen from 334 per cent in 2019 to 553 per cent in early 2025 with more than one billion active subscribersAverage monthly data consumption per user has also tripled from 115 GB in 2019 to nearly 32 GB in 2025 thanks to the rollout of 5G networks affordable data plans and the growing popularity of streaming and online entertainmentThe increasing digitalisation of the banking and financial services sector along with the rise of ecommerce and cloudbased businesses has also pushed the demand for reliable data storage and processing facilitiesAs AI applications and OTT platforms continue to expand the need for largescale energyefficient data centres has become even more crucialIndias data centre market has grown significantly in recent years from a capacity of 590 MW in 2019 to about 12 GW currentlyThe industry generated about 12 billion in revenue in 2024 and according to Statista this figure is expected to jump to 1153 billion by 2025At present India has more than 260 operational data centres with most of them located in major hubs such as Mumbai Metropolitan Region MMR Chennai Delhi Hyderabad and Bengaluru MMR and Chennai alone account for nearly 70 per cent of the total data centre capacityIndustry data from Anarock Capital shows that around 60 per cent of data centre clients are enterprises 30 per cent are hyperscalers like Google Amazon Web Services and Microsoft and the remaining 10 per cent are AI usersWith AI workloads growing rapidly the demand from all three segments is expected to increase furtherSeveral global and domestic companies are expanding their footprint in Indias data centre ecosystem Major international players such as Equinix Digital Realty NTT Global Data Centres CyrusOne and Meta Platforms are already investing heavily in the countryAdaniConnex a joint venture between Adani Group and EdgeConneX plans to develop 1 GW of data centre capacity over the next decadeSimilarly Digital Connexion a partnership between Digital Realty Brookfield Infrastructure and Jio Platforms is expanding aggressively Other key players include ST Telemedia Global Data Centres which has partnered with Tata Communications Hiranandani Groups Yotta Data Services and Bharti Airtels NxtraCtrlS also operates one of Asias largest Rated4 data centre networks in major cities like Mumbai Noida Bengaluru and Hyderabad IANS https://dailyworld.in/science/indias-data-centre-industry-set-to-grow-eightfold-by-2030-646719.html Wed, 05 Nov 2025 00:35:00 +0530 https://dailyworld.in/science/indian-stock-markets-closed-on-nov-5-for-guru-nanak-jayanti-trade-to-resume-tomorrow-646750.html Mumbai Nov 5 The Bombay Stock Exchange BSE and the National Stock Exchange NSE remained closed on Wednesday on account of Prakash Gurpurb Sri Guru Nanak Dev also known as Guru Nanak Jayanti Trading across segments including equities derivatives securities lending and borrowing SLBs currency derivatives and interest rate derivatives stayed shut for the dayThe commodity derivatives market was also closed in the morning session between 9 am and 5 pm but will open for the evening session from 5 pm to 11301155 pmRegular trading on both exchanges will resume on Thursday November 6On Tuesday Indian stock markets ended lower with the Nifty slipping below the 25600 mark amid broadbased selling pressureThe Sensex fell 51934 points or 062 per cent to close at 8345915 while the Nifty dropped 16570 points or 064 per cent to end at 2559765The BSE Midcap index declined 02 per cent and the Smallcap index fell 07 per centAmong major Nifty stocks Power Grid Corp Coal India Tata Motors Passenger Vehicles Bajaj Auto and Eternal were the top losersOn the other hand Titan Company Bharti Airtel Bajaj Finance HDFC Life and MampM gained during the sessionBarring telecom and consumer durable sectors all other indices ended in the red IT auto FMCG metal power realty and PSU indices slipped between 05 to 1 per centMarket analysts said that the Nifty has retested its 20day exponential moving average EMA A sustained move below this level could weaken the positive sentiment and extend the correction toward 25400On the higher side 25800 is likely to act as an immediate resistance level Traders have been advised to remain cautious and focus on risk management until a clear market direction emerges experts said IANS https://dailyworld.in/science/indian-stock-markets-closed-on-nov-5-for-guru-nanak-jayanti-trade-to-resume-tomorrow-646750.html Wed, 05 Nov 2025 09:49:00 +0530 https://dailyworld.in/science/look-forward-to-expediting-process-for-free-trade-pact-with-new-zealand-piyush-goyal-646773.html New Delhi Nov 5 Commerce and Industry Minister Piyush Goyal said on Wednesday he was set to review the progress of the ongoing free trade agreement FTA negotiations with New Zealand Goyal reached New Zealand for talks on the proposed FTA between the two countriesDelighted to be in New Zealand to review the progress of the ongoing FTA negotiations Grateful to my good friend and counterpart Todd McClay for the warm welcome Together we look forward to expediting the process for a comprehensive mutually beneficial economic partnership the minister posted on X social media platformGoyal further stated that he will also meet industry leaders along with investors to explore new avenues for collaboration and investment between our two countriesAccording to an earlier ministry statement the 4th round of IndiaNew Zealand FTA negotiations commenced in Auckland on November 3 marking an important step in deepening the bilateral trade and economic dialogue between the two nationsThe talks which are taking place in Auckland till November 7 mark a renewed effort to craft a balanced comprehensive and mutually beneficial deal after months of technical discussions the ministry saidGoyal will participate in a series of highlevel engagements aimed at strengthening trade investment and innovation linkages between India and New ZealandThese include a dedicated interaction with prominent members of the New Zealand business community and the visiting Indian business delegation facilitating greater collaboration between the private sectors of both countries the statement said A New ZealandIndia Business Forum will be held in the afternoon in Auckland followed by a community interaction event with members of the vibrant Indian diasporaAccording to the ministry the engagements are expected to see participation from industry leaders chambers of commerce and government representatives from New Zealand reaffirming the growing momentum in bilateral relations and the shared vision for a stronger futureoriented economic partnership IANS https://dailyworld.in/science/look-forward-to-expediting-process-for-free-trade-pact-with-new-zealand-piyush-goyal-646773.html Wed, 05 Nov 2025 11:02:00 +0530 https://dailyworld.in/science/softbank-shares-plunge-over-13-pc-amid-ai-stock-sell-off-646778.html New Delhi Nov 5 Shares of Japans SoftBank Group tumbled more than 13 per cent on the Tokyo Stock Exchange on Wednesday as a broader selloff in technology stocks hit investor sentiment The sharp fall followed Tuesdays 7 per cent decline wiping out nearly 50 billion in SoftBanks market capitalisation over just two daysThe slump came amid rising concerns over the high valuations of AI and semiconductor companies which triggered a selloff on Wall Street earlier this weekDespite the steep decline SoftBank remains a multibagger stock having surged nearly 206 per cent in the past six months and 154 per cent over the last yearSoftBank has built a diverse portfolio of AIdriven businesses spanning infrastructure semiconductors and software applicationsThe company holds a controlling stake in UKbased Arm Holdings whose chip designs power many mobile and AI processorsRecently it also acquired Ampere Computing to boost its AI data centre capabilitiesOther semiconductor and AI stocks in Asia also saw heavy losses on Wednesday Semiconductor testing firm Advantest dropped over 8 per cent while chipmaker Renesas Electronics fell around 6 per cent Shares of Nasdaqlisted Arm Holdings slid 471 per cent overnightAccording to market reports the fall in AI and semiconductor stocks followed an 8 per cent drop in US software company Palantirs shares despite the firm reporting strong thirdquarter resultsAnalysts say investors are becoming cautious as the ongoing AI rally has pushed valuations to unsustainable levelsThe SampP 500s forward pricetoearnings ratio has now climbed above 23 its highest since the dotcom bubble in 2000 as per data from FactSetAdding to the bearish sentiment investor Michael Burry famous for predicting the 2008 financial crisis disclosed short positions in Palantir and Nvidia both major beneficiaries of the AI boomFollowing the revelation Nvidia shares fell 4 per cent and AMD dropped 37 per cent in afterhours tradingMarket analysts are warning that the growing excitement around artificial intelligence may be fueling a new tech bubbleMany experts believe the current surge in AI stock prices mirrors the speculative mania of the late 1990s dotcom boom with valuations far exceeding realistic earnings expectations IANS https://dailyworld.in/science/softbank-shares-plunge-over-13-pc-amid-ai-stock-sell-off-646778.html Wed, 05 Nov 2025 11:43:00 +0530 https://dailyworld.in/science/japaneseresearchers-successfullyregenerate-boneusing-stem-cells-646782.html New Delhi Nov 5 A team of researchers from Japan has successfully treated spinal fractures in animal models using stem cells from fatty tissue The team from the Osaka Metropolitan University used stem cells extracted from adipose the bodys fatty tissue to treat spine fractures in rats similar to those caused by osteoporosis in humansThese cells offer the advantages of being easy to collect even from elderly individuals and causing little stress to the body suggesting a noninvasive way of treating bone diseasesBone regeneration and strength were significantly improved in rats transplanted with the adipose tissue ADSCsThe genes involved in bone formation and regeneration were also activated The study was published in Bone and Joint ResearchThis study has revealed the potential of bone differentiation spheroids using ADSCs for the development of new treatments for spinal fractures said Yuta Sawada a student at the varsitys Graduate School of MedicineSince the cells are obtained from fat there is little burden on the body ensuring patient safety This simple and effective method can treat even difficult fractures and may accelerate healing added Dr Shinji TakahashiOsteoporosis is a disease that causes bones to become brittle and prone to fractures Among osteoporosisrelated fractures compression fractures of the spine known as osteoporotic vertebral fractures are the most common type of fracture and pose a serious problem leading to a need for longterm care and a significant decline in quality of lifeThe team used stem cells which are multipotent meaning that they can be differentiated into many different cell typesThey developed ADSCs into bonedifferentiated spheroids threedimensional spherical clusters and combined it with betatricalcium phosphate a material widely used for bone reconstruction to successfully treat rats with spinal fracturesThis technique is expected to become a new treatment that helps extend the healthy life of patients Takahashi said IANS https://dailyworld.in/science/japaneseresearchers-successfullyregenerate-boneusing-stem-cells-646782.html Wed, 05 Nov 2025 12:23:00 +0530 https://dailyworld.in/science/60pc-gen-z-fresh-graduateskeenonupskilling-learning-ai-and-data-skills-in-india-report-646794.html New Delhi Nov 5 Generation Z and fresh graduates are leading the skilling ecosystem in India with a majority of them actively learning artificial intelligence and data skills according to a report on Wednesday The report by Deel a global payroll and compliance platform is based on a survey of 5058 employees representing Gen Z ages 28 or under millennials ages 2944 and Gen X ages 4560It showed that the vast majority of Indias whitecollar professionals 96 per cent have upskilled in the past year however the learning priorities and motivations differ sharply across generationsGen Z and fresh graduates are leading the skilling charge at 61 per cent and 63 per cent respectively with access to upskilling opportunities as a key retention factor to stay with an employerThe younger workforce is also riding the AI wave with more than half of Gen Z 54 per cent and fresh graduates 57 per cent actively learning AI and data skillsMillennials are lagging with only 2 in 5 40 per cent learning new skills Meanwhile Gen X 38 per cent continues to prioritise traditional domain expertise focusing on core professional and functional skills over new technologiesIndias workforce is entering a new era where motivation for learning is high but the barriers differ for each generation said Mark Samlal General Manager APAC at DeelBy curating flexible and accessible learning programmes that align with different life stages and work realities employers can bridge the skills gap and strengthen retention and loyalty across generations Samlal addedGen Z 61 per cent was found to be the most influenced by upskilling when deciding whether to stay with an employer Freshers 63 per cent share the same sentiment showing a strong link between learning access and earlycareer retentionFurther while twothirds of Gen Z 66 per cent are confident that their skills will remain relevant over the next five years less than half of millennials 48 per cent and just over a third of Gen X 36 per cent feel the same wayBut Gen Z cited that cost 31 per cent is holding them back from upskilling On the other hand millennials struggle with time constraints 35 per cent and Gen X points to limited employer support 29 per cent the report said IANS https://dailyworld.in/science/60pc-gen-z-fresh-graduateskeenonupskilling-learning-ai-and-data-skills-in-india-report-646794.html Wed, 05 Nov 2025 13:09:00 +0530 https://dailyworld.in/science/60-pc-gen-z-fresh-graduateskeenonupskilling-learning-ai-and-data-skills-in-india-report-646797.html New Delhi Nov 5 Generation Z and fresh graduates are leading the skilling ecosystem in India with a majority of them actively learning artificial intelligence and data skills according to a report on Wednesday The report by Deel a global payroll and compliance platform is based on a survey of 5058 employees representing Gen Z ages 28 or under millennials ages 2944 and Gen X ages 4560It showed that the vast majority of Indias whitecollar professionals 96 per cent have upskilled in the past year however the learning priorities and motivations differ sharply across generationsGen Z and fresh graduates are leading the skilling charge at 61 per cent and 63 per cent respectively with access to upskilling opportunities as a key retention factor to stay with an employerThe younger workforce is also riding the AI wave with more than half of Gen Z 54 per cent and fresh graduates 57 per cent actively learning AI and data skillsMillennials are lagging with only 2 in 5 40 per cent learning new skills Meanwhile Gen X 38 per cent continues to prioritise traditional domain expertise focusing on core professional and functional skills over new technologiesIndias workforce is entering a new era where motivation for learning is high but the barriers differ for each generation said Mark Samlal General Manager APAC at DeelBy curating flexible and accessible learning programmes that align with different life stages and work realities employers can bridge the skills gap and strengthen retention and loyalty across generations Samlal addedGen Z 61 per cent was found to be the most influenced by upskilling when deciding whether to stay with an employer Freshers 63 per cent share the same sentiment showing a strong link between learning access and earlycareer retentionFurther while twothirds of Gen Z 66 per cent are confident that their skills will remain relevant over the next five years less than half of millennials 48 per cent and just over a third of Gen X 36 per cent feel the same wayBut Gen Z cited that cost 31 per cent is holding them back from upskilling On the other hand millennials struggle with time constraints 35 per cent and Gen X points to limited employer support 29 per cent the report said IANS https://dailyworld.in/science/60-pc-gen-z-fresh-graduateskeenonupskilling-learning-ai-and-data-skills-in-india-report-646797.html Wed, 05 Nov 2025 14:23:00 +0530 https://dailyworld.in/science/telangana-cm-seeks-german-support-to-make-hyderabad-global-innovation-hub-646663.html Hyderabad Nov 4 Telangana Chief Minister A Revanth Reddy has sought Germanys support for the vision to develop Hyderabad as a global innovation hub Telangana seeks a strong partnership with Germany in key investment areas including IT pharma and automobiles he said when a delegation led by German Consul General Michael Hasper called on him here on TuesdayThe German delegation informed the Chief Minister that Deutsche Börse a leading global financial services company is launching its Global Capability Centre GCC in Hyderabad as part of its expansion plansThe Chief Minister expressed his gratitude to the German team for choosing Hyderabad as the destination for setting up the GCC He assured that the Telangana government would extend full support and cooperation for all future German investments in the stateAccording to the Chief Ministers Office the German representatives briefed the Chief Minister that with the establishment of Deutsche Borses GCC about 1000 new employment opportunities will be created in the IT sector in Hyderabad over the next two yearsRevanth Reddy requested the German delegation to support Telanganas vision to develop Hyderabad as a global innovation hub He also urged the German Consul General to facilitate the appointment of German language teachers in Telangana so that local students can learn the German language and improve their international employment prospectsHe also proposed collaboration through Telangana Overseas Manpower Company TOMCOM to strengthen vocational education and skill development programs enabling youth to gain practical industry trainingMeanwhile a delegation of Amazon Web Services AWS also called on the Chief Minister in Hyderabad on TuesdayDuring the meeting the delegation discussed with the Chief Minister the ongoing data centre projects expansion plans and other AWS initiatives in TelanganaThe Chief Minister assured the delegation that the Telangana government will extend full support and cooperation for AWSs present and future investments in the stateThe meeting was attended by Kerry Person Global Head AWS Data Centres Vikram Sridharan Director Infrastructure Public Policy and other officials IANS https://dailyworld.in/science/telangana-cm-seeks-german-support-to-make-hyderabad-global-innovation-hub-646663.html Tue, 04 Nov 2025 21:29:00 +0530 https://dailyworld.in/science/centre-launches-3rd-round-of-pli-scheme-for-specialty-steel-646667.html New Delhi Nov 4 Union Steel and Heavy Industries Minister HD Kumaraswamy on Tuesday launched the third round of the productionlinked incentive PLI scheme for specialty steel according to an official statement issued on Tuesday The Steel Ministrys PLI scheme has so far attracted a commitment for investment of Rs 43874 crore which is expected to create direct employment for 30760 people and an estimated production of 143 million tonnes of specialty steel As of September 2025 participating companies in the first two rounds of the PLI scheme have invested Rs 22973 crore and generated 13284 jobs the statement saidThe PLI Scheme for Specialty Steel approved by the Cabinet in July 2021 is a key initiative under the Atmanirbhar Bharat vision to make India a global hub for steel production The third round PLI 12 aims to attract new investments in emerging and advanced steel products such as super alloys CRGO stainless steel long and flat products titanium alloys and coated steels This is expected to generate significant employment expand highend steel capacity and position India as a preferred supplier in the global value chain for specialty steels the statement saidApplications in the third round of the PLI scheme for speciality steel are invited through the online portal httpsplimosmeconcoin for a period of 30 days from the date of launchCompanies registered in India which are engaged in the endtoend manufacturing of the notified products are eligible to applyThe third round of the PLI Scheme covers 22 product subcategories across five broad target segments including strategic steel grades commercial grades Categories 1 and 2 and coatedwire productsThe incentives will range from 4 per cent to 15 per cent of incremental sales depending on the product subcategory and year of production The benefits will be available for a maximum of five years starting from FY 202526 with incentive disbursal commencing in FY 202627The base year for prices under the scheme has been revised from 201920 to 202425 to reflect current trends the statement added IANS https://dailyworld.in/science/centre-launches-3rd-round-of-pli-scheme-for-specialty-steel-646667.html Tue, 04 Nov 2025 21:32:00 +0530 https://dailyworld.in/science/indigo-back-into-red-with-rs-2-582-crore-loss-in-q2-646677.html Mumbai Nov 4 Aviation major IndiGo on Tuesday slipped into a loss of Rs 2582 crore in the JulySeptember quarter Q2 of FY26 compared with a profit of Rs 2176 crore in the previous AprilJune quarter Q1 FY26 The airlines loss also widened from Rs 987 crore in the same period last financial year Q2 FY25 according to its stock exchange filingHowever IndiGos revenue from operations rose 9 per cent yearonyear YoY to Rs 18555 crore driven by strong passenger and ancillary incomePassenger ticket revenues grew 112 per cent to Rs 15967 crore while ancillary revenues such as baggage fees and inflight sales rose 14 per cent to Rs 2141 croreThe airlines EBITDAR earnings before interest tax depreciation amortisation and rent dropped sharply to Rs 1114 crore from Rs 2434 crore a year agoHowever excluding the impact of foreign exchange forex losses IndiGos EBITDAR increased 43 per cent yearonyear to Rs 3800 crore with margins improving to 205 per cent from 157 per centIndiGo said its loss during the quarter was mainly due to the impact of currency movement leading to a steep forex loss of Rs 2892 crore compared with Rs 241 crore in the same period last financial yearWithout the forex impact the airline would have reported a net profit of Rs 104 crore as per its regulatory filingRental and aircraft maintenance costs rose to Rs 3262 crore from Rs 2745 crore a year earlier while tax expenses stood at Rs 100 crore up from Rs 80 crore last financial yearCommenting on the results IndiGo CEO Pieter Elbers said As Indias aviation sector continues to grow and mature we recognise the importance of structurally optimising capacity during seasonally weaker periods to sustain profitabilityHe added that the airline had delivered strong operational performance maintaining its leadership in ontime performance and expanding its networkOn Tuesday shares of InterGlobe Aviation Limited the parent company of IndiGo closed 106 per cent lower at Rs 5635 on the BSE IANS https://dailyworld.in/science/indigo-back-into-red-with-rs-2-582-crore-loss-in-q2-646677.html Tue, 04 Nov 2025 21:47:00 +0530 https://dailyworld.in/science/drdo-made-significant-strides-in-semiconductor-technology-govt-646684.html New Delhi Nov 4 The Defence Research and Development Organisation DRDO has made significant strides in semiconductor technology said the Ministry of Defence on Tuesday The ministry noted that using semiconductor technologies DRDO developed indigenous methodsSemiconductors play a major role in modern technology ecosystems powering critical systems in healthcare communications transport defence and space the Ministry saidDRDO has made significant strides in semiconductor technology by developing indigenous methods for producing 4inch Silicon Carbide wafers and fabricating Gallium Nitride High Electron Mobility Transistors up to 150W it addedDRDO will participate in the Emerging Science Technology and Innovation Conclave ESTIC 2025 being held at Bharat Mandapam in New Delhi from November 35As one of the key organisers DRDO will also lead the thematic session on Electronics amp Semiconductor Manufacturing while Chairman Dr Samir V Kamat will chair a Technical Session on Electronics and Semiconductor Manufacturing on November 5The conclave on the theme Viksit Bharat 2047 Pioneering Sustainable Innovation Technological Advancement and Empowerment was inaugurated by Prime Minister Narendra Modi on November 3In the inaugural session the Prime Minister launched the Rs 1 lakh crore Research Development and Innovation RDI Scheme Fund to promote a private sectordriven research and innovation ecosystem and accelerate Indias transformation into a global science and technology hubHe emphasised that efforts are being made to promote research and development in the private sector as wellThe conclave is featuring talks by leading scientists panel discussions presentations and technology showcases providing a platform for collaboration among researchers industry and young innovators to strengthen the science and technology ecosystemESTIC 2025 is bringing together over 3000 participants from academia research institutions industry and government along with Nobel laureates eminent scientists innovators and policymakers IANS https://dailyworld.in/science/drdo-made-significant-strides-in-semiconductor-technology-govt-646684.html Tue, 04 Nov 2025 22:01:00 +0530 https://dailyworld.in/science/nclat-gives-partial-relief-to-meta-removes-data-sharing-ban-in-whatsapp-privacy-policy-case-646699.html New Delhi Nov 4 The National Company Law Appellate Tribunal NCLAT has given partial relief to Meta Platforms and its messaging app WhatsApp in the ongoing competition case related to WhatsApps 2021 privacy policy update The tribunal upheld the Rs 21314 crore penalty imposed by the Competition Commission of India CCI but cancelled two major parts of the earlier order the finding that WhatsApp held a dominant position and the fiveyear ban on sharing user data for advertising purposesThe case dates back to November 2024 when the CCI ruled that WhatsApp had misused its dominant position in Indias OTT messaging marketThe regulator said WhatsApp forced users to accept its 2021 update which made data sharing with other Meta companies mandatory removing the earlier option to opt outThe CCI said this policy weakened competition in the online advertising marketAlong with the fine the CCI had ordered WhatsApp to stop sharing user data with Metas other companies for advertising for five yearsHowever the NCLAT bench led by Justice Ashok Bhushan and Technical Member Arun Baroka struck down these parts of the orderThe tribunal said the CCI had gone beyond its authority under Section 42e of the Competition Act and removed the restriction mentioned in paragraph 2471 of the decisionThe NCLAT agreed with Metas argument that banning data sharing could affect WhatsApps freetouse model and pointed out that matters related to data protection fall outside the CCIs powersA Meta spokesperson welcomed the decision saying We welcome the NCLATs decision While we await the written order we continue to reiterate that WhatsApps 2021 privacy policy update did not change the privacy of peoples personal messages which remain endtoend encryptedThe spokesperson added that WhatsApps business features such as bill payments ticket booking and shopping help make peoples lives easier and support Indias digital economy IANS https://dailyworld.in/science/nclat-gives-partial-relief-to-meta-removes-data-sharing-ban-in-whatsapp-privacy-policy-case-646699.html Tue, 04 Nov 2025 22:26:00 +0530 https://dailyworld.in/science/india-plans-rs-65-400-crore-push-to-build-its-own-fighter-jet-engines-by-2035-646456.html New Delhi Nov 3 India is gearing up to give its aerospace ambitions a big push with a massive investment of about Rs 65400 crore 744 billion to develop and produce fighter jet engines by 2035 The plan aims to make India selfreliant in one of the most critical areas of defence aircraft propulsion according to Times of Oman reportThe project marks a strong step towards reducing dependence on imports and building engines that can power the next generation of Indian fighter jetsFrom the advanced Tejas Mk2 to the stealthy AMCA and from upgraded fighters to unmanned aircraft India plans to build around 1100 engines in the next decadeS V Ramana Murthy Director of the Gas Turbine Research Establishment GTRE is leading the mission to build homegrown engines that can compete globallyHe said the focus is on creating a strong ecosystem that includes government research private industry and global partnershipsThe Indian Air Force IAF is also preparing for this transformation It aims to strengthen its fleet to 42 squadrons by 2035 with around 450 new fighter jets many of which could soon fly on engines made in IndiaThis will not only boost Indias defence capabilities but also its confidence in technological selfrelianceOne of the major projects in this roadmap is the Tejas Mk2 which follows the success of the existing Tejas aircraftTalks with the USbased General Electric for its F414 engine along with a technology transfer agreement are expected to help India build worldclass engines domesticallyIndias indigenous Kaveri engine programme which has faced delays in the past is now being revived with new energy Its upgraded versions could soon power unmanned combat aircraft an important part of the countrys future defence strategyInternational collaborations will also play a big role in this mission Global engine makers like Frances Safran Britains RollsRoyce and the USs GE are in discussions to codevelop a fifthgeneration engine for Indias Advanced Medium Combat Aircraft AMCA a project expected to produce its first prototype by 2028For the first time India is inviting private companies to participate in fighter jet development opening new opportunities for innovation and growth in the aerospace sectorHindustan Aeronautics Limited HAL will work alongside private and global players to share the workload and boost productionUnder Prime Minister Narendra Modis Atmanirbhar Bharat selfreliant India vision the government is actively encouraging global defence manufacturers to set up production facilities in IndiaThe move signals a shift from India being a buyer of defence technology to becoming a builder and partner in advanced manufacturingExperts say this massive engine development programme will not only strengthen Indias defence readiness but also help boost the economy by creating jobs encouraging exports and positioning India as a global player in the aerospace industry IANS https://dailyworld.in/science/india-plans-rs-65-400-crore-push-to-build-its-own-fighter-jet-engines-by-2035-646456.html Tue, 04 Nov 2025 00:28:00 +0530 https://dailyworld.in/science/sensex-nifty-open-flat-amid-mixed-global-cues-646580.html Mumbai Nov 4 Indian benchmark indices opened on a flat note on Tuesday amid mixed global cues and a lack of strong domestic triggers As of 925 am the Sensex was marginally down 18 points or 002 per cent at 83718 and the Nifty was down 14 points or 005 per cent at 25748The broadcap indices performed in line with benchmarks with the Nifty Midcap 100 down 008 per cent and the Nifty Smallcap 100 losing 012 per centTitan Company Cipla and Trent were among the major gainers in the Nifty Pack while losers included Tata Consumer Maruti Suzuki Apollo Hospitals and HindalcoAmong sectoral indices except for Nifty Media Nifty Oil and gas Consumer Durables and Realty all indices were in the red Nifty Auto was the major loser down 048 per cent while FMCG and IT lost 022 per cent and 021 per cent respectivelyAnalysts expect the FII strategy of selling in India on rallies and moving money to other markets to continue in the near termFIIs renewed selling is constraining the rally in the market This is an indication that they will continue to sell on rallies they addedHowever this is likely to be a shortterm challenge Mediumterm prospects look good with robust GDP growth and impressive sales data particularly from automobiles according to market watchersMeanwhile US Federal Reserve officials on Monday continued pressing competing views on the economy a debate set to intensify ahead of the Feds December policy meeting and in the absence of key data including from the Bureau of Labor Statistics due to the federal government shutdownThe US markets ended in the green zone overnight as Nasdaq added 046 per cent the SampP 500 moved up 017 per cent and the Dow lost 048 per centMost of the Asian markets were trading in the red during the morning session While Chinas Shanghai index slipped 021 per cent and Shenzhen lost 129 per cent Japans Nikkei declined 01 per cent while Hong Kongs Hang Seng Index added 028 per cent South Koreas Kospi declined 159 per centForeign institutional investors FIIs sold equities worth Rs 1883 crore on Monday while domestic institutional investors DIIs were net buyers of equities for the seventh straight session purchasing shares worth Rs 3516 croreAnalysts place immediate resistance at 25850 followed by 25900 and 26000 On the downside support levels are identified at 25600 and 25650 IANS https://dailyworld.in/science/sensex-nifty-open-flat-amid-mixed-global-cues-646580.html Tue, 04 Nov 2025 20:08:00 +0530 https://dailyworld.in/science/india-sends-1st-consignment-of-fortified-rice-kernel-from-chhattisgarh-to-costa-rica-646592.html New Delhi Nov 4 India has sent the first export consignment of 12 metric tonnes of Fortified Rice Kernel FRK from Chhattisgarh to Costa Rica said the Ministry of Commerce and Industry on Tuesday The initiative led the by Agricultural and Processed Food Products Export Development Authority APEDA underscores Indias technological capability in food fortification and its commitment to global food security and nutrition improvementThe first consignment of 12 MT of Fortified Rice Kernel from Chhattisgarh has been exported to Costa Rica In continuation of PMNarendra Modi jis efforts to fight malnutrition this effort at the global level not only strengthens our foreign trade but also our nutrition mission Commerce Minister Piyush Goyal shared in a post on social media platform XIt also provides our farmers millers and exporters with newer markets better price realisation and greater promotion for valueadded agri exports he addedChhattisgarh has made continuous efforts to promote the export of rice and fortified rice products enabling the states farmers millers and exporters to gain recognition in international marketsThe successful export of FRK to Costa Rica highlights Chhattisgarhs growing role in the global supply chain for nutritionenriched food products the Ministry saidIt also positions India as a reliable supplier of nutritious and highquality food products to global marketsThe export of fortified rice from India not only strengthens the nations agriexport portfolio but also reaffirms its commitment to addressing malnutrition through sciencebased and globally recognised food solutions said Abhishek Dev Chairman APEDA while congratulating the exporters and stakeholders involved in achieving the milestoneFRK is produced by blending rice flour with micronutrients such as iron folic acid and vitamin B12These nutrients are extruded and shaped to resemble rice grains which are then blended with regular rice at a predetermined ratio to enhance the nutritional value of the staple IANS https://dailyworld.in/science/india-sends-1st-consignment-of-fortified-rice-kernel-from-chhattisgarh-to-costa-rica-646592.html Tue, 04 Nov 2025 20:20:00 +0530 https://dailyworld.in/science/indian-employees-report-lowest-level-of-pay-unfairness-worldwide-646609.html New Delhi Nov 4 The employee perceptions of fair compensation are improving worldwide as the percentage of workers who feel they are unfairly paid has decreased from 31 per cent to 27 per cent year over year a report said on Tuesday India leads in pay fairness sentiment among the 34 markets surveyed with only 11 per cent of workers reporting dissatisfaction with their pay the report from human capital management company ADP saidThe report said there are significant disparities among markets with South Korea and Sweden reporting the highest levels of pay unfairness sentiment at 45 per cent and 39 per cent respectivelyIt also noted significant gender pay gaps in numerous countries with over 30 per cent of women in 15 out of 34 markets indicating unfair pay compared to only five markets for menHowever India was reported among the few markets where a larger proportion of men 12 per cent than women 9 per cent perceive their pay as unfairPay fairness dissatisfaction in India also decreases with age from 13 per cent among workers aged 1826 to just 5 per cent among those aged 55 and above contrary to the global trendFair pay is more than a compensation conversation it is a trust conversation When employees believe they are paid fairly they are more engaged motivated and loyal said Rahul Goyal Managing Director ADP India and Southeast AsiaIndias leading position in pay fairness sentiment indicates progress in equitable pay practices but employers need to ensure fairness extends beyond salary to include opportunities growth and recognition to foster longterm employee engagement the report saidEarlier in October global payroll and compliance platform Deel said that the median salaries for men and women in India are nearly equal ranging from 13000 to 23000 reflecting growing pay equity and the adoption of datadriven compensation models IANS https://dailyworld.in/science/indian-employees-report-lowest-level-of-pay-unfairness-worldwide-646609.html Tue, 04 Nov 2025 20:33:00 +0530 https://dailyworld.in/science/8-in-10-indians-embrace-return-to-office-policy-flexibility-well-being-major-concern-report-646636.html Mumbai Nov 4 More than 8 in 10 Indians have expressed positive sentiment in returning to office RTO with flexibility wellbeing major concern according to a report on Tuesday The JLL Workplace Preference Barometer 2025 report showed that 82 per cent of Indian employees are subject to workfromoffice mandates with the majority 8 in 10 expressing positive sentiment toward RTO policiesThe leading sectors driving RTO adoption are technology companies BSFI and the education sectorIndian corporates have successfully cracked the code on workplace excellence with 83 per cent of employees describing their work environment as close to ideal a figure that significantly outpaces the AsiaPacific average of 64 per centThis is a pivotal moment for Indian organisations As hybrid work matures we see 83 per cent of employees expressing positive sentiment towards returntooffice policies underscoring the need for workplaces to be high on humancentred design Talent attraction is also being reshaped with six in 10 now citing flexibility as their top priority when choosing a new employer said JipuJose James Managing Director Project amp Development Service PDS India JLLAbout 60 per cent of employees cited flexibility as the primary factor when selecting new employers outperforming the APAC average of 54 per centImportantly the research also highlighted a growing wellbeing challenge with 54 per cent of employees experiencing moderate to elevated levels of burnoutThe statistic represents millions of workers whose productivity engagement and loyalty are compromised by unsustainable work pressures and inadequate support systemsThese interconnected challenges burnout affecting more than half the workforce and flexibility driving 60 per cent of employment decisions create a perfect storm that threatens organisational performance and talent retention simultaneouslyEmployers that wish to attract and retain top performers must move beyond simply mandating office attendance Instead they should focus on creating workplaces that employees actively want to be part of offering flexibility that genuinely improves quality of life addressing burnout through sustainable work practices and investing in inclusive futurefocused skills development said Kamya Miglani Head of Work Dynamics Research Asia Pacific JLL IANS https://dailyworld.in/science/8-in-10-indians-embrace-return-to-office-policy-flexibility-well-being-major-concern-report-646636.html Tue, 04 Nov 2025 21:06:00 +0530 https://dailyworld.in/science/hydrogen-may-replace-natural-gas-in-india-in-5-to-10-years-top-official-646649.html New Delhi Nov 4 With hydrogen prices declining faster than anticipated India could see hydrogen become a viable alternative to natural gas within the next five to ten years making this route central to our decarbonisation and global competitiveness goals a top Government official said on Tuesday Addressing the CII Steel Summit 2025 here Union Steel Secretary Sandeep Poundrik said The DRI Direct Reduced Iron plus Hydrogen route offers a promising pathway for green steel productionHe highlighted that there are significant opportunities for investments in the steel industry driven by growing needs from sectors such as defence space automotive and power all of which are expanding rapidly and increasing demand for highgrade steel productsPoundrik said that with consistent growth in consumption and capacity along with rising opportunities from specialty steel and green steel India is on its way to achieving the target of 500 million tonnes by 2047Aligned with the vision of Viksit Bharat our target is to reach 500 million tonnes steelmaking capacity by 2047 At the current pace we would be adding around 100 million tonnes every five to seven years positioning India to not only meet domestic demand but also emerge as a global leader in sustainable steel production he saidThe Steel Secretary pointed out that there is a misconception that Indias steel industry is driven only by a few large producers In fact nearly 47 per cent of the steel in the country is produced by around 2200 medium and small enterprises These players form the backbone of Indias distributed and resilient steel ecosystem he notedThere is a strong need for India to achieve selfreliance in the steel sector given its strategic significance The Ministry of Steel is working closely with the Ministry of Coal to increase the share of domestic coking coal in steelmaking ensuring greater selfreliance and security in raw material supply The government is also taking proactive measures to ensure that cheap and substandard steel does not flood the Indian market he addedHe underlined that the government was creating a level playing field through Quality Control Orders QCOs to ensure that both domestic and foreign producers meet the same quality benchmarksTata Steel Ltd Executive Director and CII National Committee on Steel CoChairman Koushik Chatterjee highlighted that steel forms the backbone of Indias industrial transformation and national resilience As the foundation for construction transport energy and manufacturing the sector will be pivotal in shaping worldclass infrastructure modern cities and sustainable growthEmphasising Indias demographic advantage and the structural reforms like GST 20 fueling new consumption opportunities JSW Steel Ltd Joint Managing Director amp CEO and CII National Committee on Steel CoChairman Jayant Acharya noted that rapid urbanisation a growing middle class and rising discretionary spending are creating strong demand prospects for the steel industry IANS https://dailyworld.in/science/hydrogen-may-replace-natural-gas-in-india-in-5-to-10-years-top-official-646649.html Tue, 04 Nov 2025 21:18:00 +0530 https://dailyworld.in/science/synergy-between-education-innovation-skilling-key-to-agricultural-progress-govt-646653.html New Delhi Nov 4 Strengthening the synergy between education innovation and skilling is crucial to Indias agricultural progress said the government on Tuesday Agriculture provides the primary livelihood for nearly half of Indias population and contributes about 18 per cent of GDPTo raise productivity reduce costs and achieve national goals building human capacity is vital This can be achieved via higher education research and handson training the government said while also calling these key pillars of the sectorThese pillars form the institutional and scientific base essential for sustaining the targeted 5 per cent agricultural growth rate and achieving the national vision of Viksit Krishi aur Samruddh Kisan Developed Agriculture and Prosperous Farmer the core philosophy of Viksit BharatIndias agricultural education and training system today reflects a wellintegrated approach linking education research technology and fieldlevel skill development the government said in an official statementRecognising that modern farming requirements the government has also prioritised capacity building to help farmers adapt to technological innovations climatic and market transformationsProgrammes such as the Skill Training of Rural Youth STRY SubMission on Agricultural Mechanization SMAM Pradhan Mantri Kaushal Vikas Yojana PMKVY and initiatives through Krishi Vigyan Kendras KVKs and Agricultural Technology Management Agency ATMA are equipping farmers with practical knowledge and vocational expertise for sustainable agriculture practicesThe continuous emphasis on quality education accreditation reforms and farmercentric training is helping bridge the gap between scientific research and practical application the government saidIn addition the inclusion of technologies like the Internet of Things IoT Artificial Intelligence AI and precision farming tools is driving a significant shift toward modern and databased agricultureThrough initiatives like the Agriculture Technology Management Agency ATMA Skill Training of Rural Youth STRY and the SubMission on Agricultural Mechanization SMAM farmers and rural youth are being equipped with essential technical and entrepreneurial skills fostering employment and selfreliance in villagesTogether these efforts are contributing to higher productivity better incomes and sustainable use of resources As India aims for selfreliance in food production and a resilient rural economy strengthening this synergy between education innovation and skilling will remain central to the nations agricultural progress the government said IANS https://dailyworld.in/science/synergy-between-education-innovation-skilling-key-to-agricultural-progress-govt-646653.html Tue, 04 Nov 2025 21:22:00 +0530 https://dailyworld.in/science/indias-solar-capacity-to-touch-216-gw-in-fy28-report-646401.html New Delhi Nov 3 India is expected to have around 216 GW of solar capacity generating 305 billion units by FY28 driven by strong responses to applications under the Production Linked Incentive scheme a report said on Monday The PLI scheme is enabling rapid capacity expansion while efficiency gains where 17002200 panels at 500 watts peak are typically deployed for every 1 MW of solar power are reinforcing scale advantages in project execution said the report from CareEdge Advisory a subsidiary of ratings agency CareEdge RatingsCareEdge Advisory noted Indias installed solar base surged to 1273 GW as of September 2025 up from 39 GW in FY15 and contributed about 257 per cent of total installed capacityIndias exports of solar photovoltaic PV products have surged by more than 10 times between FY19 and FY25 primarily to the US the report saidGovernment initiatives like PLI Basic Customs Duty BCD and Approved List of Models and Manufacturers ALMM have helped expand domestic solar module capacity to 100 GW placing the country in fourth position worldwideIndias module manufacturing capacity is expected to add additional capacity of 100 GWp by the end of FY28 nearly three to four times the average annual module demand of 5060 GWp over the next three years the report saidDomestic cell manufacturing capacity is projected to reach 100 GWp during the same period with capex exceeding Rs 55000 crore driven by backward integration efforts the advisory notedCareEdge Advisory expects that by FY28 India will require an estimated 3647 crore solar panels at 500 Wp to achieve its targeted solar capacity of 215 to 220 GWThe advisory expects module production to increasingly rely on exports even as cell production is also likely to eclipse domestic demand in the medium term This indicates that in the coming years Indias module and cell output will exceed domestic requirements positioning exports as the key growth driver for the sectorThe advisory however flagged that the early stage of upstream integration continued reliance on Chinese supply chains and lower progress in renewable capacity augmentation due to systemic constraints remain mediumterm risks IANS https://dailyworld.in/science/indias-solar-capacity-to-touch-216-gw-in-fy28-report-646401.html Mon, 03 Nov 2025 19:19:00 +0530 https://dailyworld.in/science/india-committed-to-conserve-biodiversity-foster-harmony-between-people-and-nature-govt-646407.html New Delhi Nov 3 India is committed to conserving biodiversity and creating harmony between people and nature said the government on the International Day for Biosphere Reserves on Monday The International Day for Biosphere Reserves is observed every year on November 3 to celebrate regions where nature and communities coexist in harmonyIndia celebrates this day alongside the world highlighting its strong network of biosphere reserves that stretch across diverse terrains mountains forests coasts and islands These areas demonstrate Indias commitment to conserving biodiversity and fostering harmonious living between people and nature through both national initiatives and international frameworks like the UNESCO Man and Biosphere MAB Programme the government said in an official statementThe government also highlighted ongoing efforts to reinforce the potential of biosphere reserves to protect ecological riches and promote the wellbeing of present and future generations These reserves continue to prove that sustainable living and conservation can go hand in handBiosphere reserves are areas identified by national governments for conserving biodiversity and promoting sustainable developmentThese reserves link biodiversity protection with community welfare and sustainable livelihood opportunitiesNational initiatives like Project Tiger Project Elephant and Green India Mission complement Biosphere Reserve effortsAs per the government data India has 18 notified Biosphere Reserves covering approximately 91425 sq km of which 13 are recognised by UNESCOs World Network of Biosphere Reserves WNBRThese reserves span diverse landscapes from mountains and forests to coasts and islands showcasing Indias ecological richness and commitment to conserving biodiversity while supporting local communitiesThe Biosphere Reserve Division of the Ministry of Environment Forest and Climate Change MoEFCC administers a Centrally Sponsored Scheme CSS for Biodiversity Conservation which operates as a subscheme under the broader Conservation of Natural Resources and Ecosystems CNRE programmeThe scheme provides financial assistance to states for targeted conservation and development activities with implementation primarily handled by State Forest DepartmentsIndias observance of the day highlights the countrys enduring commitment to biodiversity conservation and sustainable development the statement saidThe countrys biosphere reserves which integrate ecological protection with community empowerment function as living examples of harmony between nature and peopleWith a growing network of reserves increased forest cover and active collaboration for innovative and inclusive approaches India continues to set benchmarks in global conservation the statement saidThese efforts ensure that both ecological treasures and local communities thrive strengthening Indias role as a leader in sustainable living for present and future generations it added IANS https://dailyworld.in/science/india-committed-to-conserve-biodiversity-foster-harmony-between-people-and-nature-govt-646407.html Mon, 03 Nov 2025 19:24:00 +0530 https://dailyworld.in/science/india-post-payments-bank-joins-epfo-to-provide-doorstep-digital-life-certificate-services-646409.html New Delhi Nov 3 India Post Payments Bank IPPB has signed a memorandum of understanding MoU with Employees Provident Fund Organisation EPFO to provide doorstep Digital Life Certificate DLC services to its pensioners under the Employees Pension Scheme 1995 an official statement said on Monday Under this collaboration IPPB a 100 per cent governmentowned entity under the Department of Posts will leverage its wide network of over 165 lakh post offices and more than 3 lakh postal service providers postmen and Gramin Dak SevaksThey are equipped with doorstep banking devices and digital process of face authentication technology and fingerprint biometric authentication to assist EPFO pensioners in submitting their Digital Life Certificates conveniently from their homes eliminating the need for them to visit bank branches or EPFO offices to submit traditional paperbased certificatesEPFO will bear the cost of issuing Digital Life Certificate entirely making the service free for their pensioners according to the Ministry of CommunicationsThis partnership with EPFO reinforces IPPBs mission to bring essential financial and citizen services to every doorstep in India With our technologyenabled postal network and trusted lastmile reach EPFO pensioners especially in rural and semiurban areas will now be able to complete their life certificate submission seamlessly with dignity and convenience said R Viswesvaran MD and CEO IPPBThe initiative aligns with the government of Indias Digital India and Ease of Living vision harnessing technology and postal infrastructure to ensure inclusive service delivery for senior citizens and pensioners he mentionedIndia Post Payments Bank introduced the doorstep service of Digital Life Certificate in 2020 for generating Jeevan Pramaan for pensioners using Aadhaarenabled biometric authentication to reduce the turnaround time for issuance of Jeevan PramaanOn completion of the certificate generation process confirmation SMS will be received by the pensioner in his mobile number and the certificate can be viewed online the next day IANS https://dailyworld.in/science/india-post-payments-bank-joins-epfo-to-provide-doorstep-digital-life-certificate-services-646409.html Mon, 03 Nov 2025 19:31:00 +0530 https://dailyworld.in/science/irf-lauds-govts-move-to-install-qr-code-on-road-projects-646410.html New Delhi Nov 3 The International Road Federation IRF on Monday lauded the Ministry of Road Transport and Highways for its initiative to install QR codes on major road projects The IRF called the initiative a significant step towards transparency participatory governance and monitoring of construction qualityThis forwardthinking measure marks a significant milestone in the nations journey towards creating a more transparent accountable and technologydriven infrastructure management system the organisation said in a letter to Union Minister of Road Transport and Highways Nitin GadkariQR codes will provide public access to data on road construction and maintenance enhance contractor accountability and improve durability and safety throughout the national road networkGadkari had announced that all national highway projects in India will soon feature QR codes displaying complete project details from contractors and consultants to fundingThe organisation along with the Intercontinental Consultants and Technocrats Pvt Ltd applauded the foresight in ensuring that contractors remain accountable for road maintenance for up to ten years which will go a long way in strengthening the culture of responsibility and excellence in the sectorBy linking infrastructure to open data India is taking a decisive stride toward responsible citizencentric administration a model that could inspire similar reforms across other public sectors it addedIn another major development to provide ease of commuting to users the National Highways Authority of India NHAI had in October announced the installation of project information signboards with Quick Response QR Codes along the National Highway stretchesThe move will provide relevant projectspecific information and emergency helpline numbers to National Highway commutersNHAI is projected to garner Rs 3500040000 crore in FY26 if the road assets identified by the authority are monetised promptly IANS https://dailyworld.in/science/irf-lauds-govts-move-to-install-qr-code-on-road-projects-646410.html Mon, 03 Nov 2025 19:32:00 +0530 https://dailyworld.in/science/bharti-airtels-q2-profit-surges-89-pc-to-rs-6-792-crore-646411.html Mumbai Nov 3 Telecom major Bharti Airtel on Monday reported an 89 per cent yearonyear YoY jump in consolidated net profit for the JulySeptember quarter of the current financial year Q2 FY26 The companys profit rose to Rs 67917 crore compared to Rs 35932 crore in the same quarter last financial year according to its stock exchange filingAirtels consolidated revenue from operations grew 257 per cent YoY to Rs 521454 crore up from Rs 414733 crore in Q2 FY25 driven by strong performance across its mobile and data segmentsWe delivered another quarter of solid performance achieving a consolidated revenue of Rs 52145 crore growing 54 per cent sequentially and underscoring the strength of our portfolio Gopal Vittal Vice Chairman and MD saidWe saw multiple deal wins across Connectivity IOT and security business he addedOur solid balance sheet is a reflection of disciplined capital allocation continued deleveraging and sustained operational excellence Vittal mentionedThe companys EBITDA earnings before interest tax depreciation and amortisation stood at Rs 29919 crore registering a 36 per cent YoY increaseThe EBITDA margin improved to 574 per cent reflecting better operational efficiency and higher revenue per userBharti Airtel said it continued to strengthen its position in the postpaid segment adding 095 million new customers during the quarter taking its total postpaid base to 275 millionThe number of smartphone data users also rose by 222 million over the past year representing an 84 per cent YoY growthThe companys average revenue per user ARPU a key performance indicator for telecom operators increased to Rs 256 in Q2 FY26 from Rs 233 in the same quarter last fiscalAirtels net debttoEBITDA ratio improved significantly to 163 times on an annualised basis compared with 250 times as of September 30 2024 reflecting a stronger balance sheet position IANS https://dailyworld.in/science/bharti-airtels-q2-profit-surges-89-pc-to-rs-6-792-crore-646411.html Mon, 03 Nov 2025 19:34:00 +0530 https://dailyworld.in/science/indias-smartphone-shipments-up-5-pc-in-july-sept-apple-breaks-into-top-5-646412.html New Delhi Nov 3 Indias smartphone market continued its recovery in the JulySeptember quarter of 2025 growing 5 per cent yearonyear YoY by volume and 18 per cent by value its highestever quarterly value a new report showed on Monday The growth was fueled by strong festive demand attractive discounts and rising interest in premium phones according to Counterpoint ResearchAnalysts said the markets focus is shifting from volume growth to value growth as more consumers upgrade to higherend smartphonesRetail inflation has eased and consumer confidence has improved while easy financing options and attractive tradein offers have encouraged more buyers to spend on premium devicesSenior Analyst Prachir Singh from Counterpoint Research said that better household liquidity and festive optimism supported strong sales during the quarterSofter interest rates and easy financing options further fueled upgradedriven demand encouraging brands to stock up early OEMs rolled out aggressive discounts and EMI offers on older models effectively attracting valueconscious buyers he saidThe premium smartphone segment which includes devices priced above Rs 30000 saw the fastest growth up 29 per cent YoY in shipmentsThis helped the overall market value grow 18 per cent YoY while the average selling price ASP rose 13 per centApple led the premium market with a 28 per cent value share driven by strong demand for its iPhone 16 and 15 seriesThe newly launched iPhone 17 series also received a strong response with early demand exceeding that of previous modelsSamsung followed with a 23 per cent value share supported by its Galaxy S and A series and record sales of its foldable phonesOn the shipment side vivo excluding iQOO emerged as the top smartphone brand in India with a 20 per cent market share powered by its extensive offline presence and successful Tseries modelsSamsung ranked second with a 13 per cent share while OPPO excluding OnePlus gained ground through a wider product range and stronger retail partnershipsIn a major milestone Apple entered Indias top five smartphone brands by volume for the first time making India the thirdlargest iPhone market in the worldThe iPhone 16 was the most shipped device in the country for the second quarter in a rowAnalysts noted that Apples growing retail presence easy financing options and strong brand appeal have made its phones more accessible to Indian consumers even in smaller cities IANS https://dailyworld.in/science/indias-smartphone-shipments-up-5-pc-in-july-sept-apple-breaks-into-top-5-646412.html Mon, 03 Nov 2025 19:35:00 +0530 https://dailyworld.in/science/nagaland-universitys-biodegradable-gelatin-electrolyte-to-boost-performance-of-supercapacitors-646418.html Kohima Nov 3 A research team from Nagaland University has developed a novel ecofriendly gelatinbased hydrogel membrane electrolyte that provides a safe flexible and biodegradable alternative to conventional electrolytes used in supercapacitors Supercapacitors are fastcharging highoutput energy storage devices used in everything from electric vehicles to emergency medical equipmentThe research published in the journal Materials Today Chemistry could pave the way for cleaner more sustainable energy solutions It holds the potential to have a great impact on sustainable energy storage particularly in devices such as electric vehicles medical wearables and portable electronicsTraditional energy storage systems often use liquid electrolytes that can leak corrode components and cause environmental damageTo address these challenges the research team created a KIdoped glyoxalcrosslinked gelatin hydrogel membrane electrolyte GNHMEThe innovative material combines gelatin a naturally biodegradable protein with glyoxal a crosslinking agent that enhances mechanical flexibility and potassium iodide KI a redoxactive dopant that boosts ionic conductivity and capacitanceAccording to the team the result is a semitransparent flexible hydrogel that safely conducts ions and maintains stability over thousands of chargedischarge cycles making it ideal for nextgeneration solidstate supercapacitorsElaborating on this research Dr Nurul Alam Choudhury Assistant Professor Department of Chemistry Nagaland University said that the development of biodegradable redoxactive solid electrolytes mark an important step toward realising ecofriendly highperformance energy storage systems compatible with renewable energy integrationThis technology could play a key role in electric mobility and green energy applications aligning with Indias sustainable development goals he pointed outUnlike conventional liquid electrolytes this quasisolid hydrogel is biodegradable leakproof and exhibits exceptional electrochemical performanceThe gelatinglyoxal covalent hydrogel is a superabsorbent that absorbs water to the extent of 717 per cent The incorporation of KI significantly improves the energy and power densities of supercapacitors while the use of glyoxal provides excellent flexibility and resilience compared to other crosslinking agents IANS https://dailyworld.in/science/nagaland-universitys-biodegradable-gelatin-electrolyte-to-boost-performance-of-supercapacitors-646418.html Mon, 03 Nov 2025 19:44:00 +0530 https://dailyworld.in/science/at-92-pc-indias-ai-adoption-rate-highest-in-asia-pacific-report-646422.html New Delhi Nov 3 India has the highest AI adoption rate in Asia Pacific at 92 per cent according to a report showcasing the countrys dynamic digitally fluent workforce and strong appetite for innovation The report by Boston Consulting Group reveals how employees across nine markets in Asia Pacific are both optimistic and fearful about the rise of AI offering a nuanced snapshot of the regions workplace transformationIt showed that 92 per cent of employees in the country use AI regularly 20 points above the global average while Japan lags at just 51 per cent Optimism about AI was highest in China 70 per cent Malaysia 68 per cent and Indonesia 69 per centIndias AI adoption rate the highest in Asia Pacific signals not just enthusiasm but readiness for the next phase of transformation Whats unique about Indias journey is the confidence of its workforce and the strength of its leadership engagement with 58 per cent of frontline employees receiving clear guidance on AI use nearly double the regional average creating fertile ground for scaled responsible innovation said Nipun Kalra India Leader BCGThe report offers a clear view of how organisations can move from experimenting with AI to truly reimagining their operating models For India and the region the opportunity now is to design this transformation deliberately building governance skills and structures that turn AIs promise into measurable enterprise and economic value Kalra addedThe report noted that Asia leads in AI adoption with 78 per cent of APAC employees using the technology regularly compared with 72 per cent globallyAbout 70 per cent of frontline employees in APAC use AI weekly or more compared to just 51 per cent globallyAcross the Asia Pacific workers are embracing AI faster and with more enthusiasm than anywhere else in the world Yet this surge comes with rising anxiety about what it means for the future of workWhile 60 per cent of employees in APAC feel positive about AIs impact vs 52 per cent globally 52 per cent also fear job loss due to AI the report said IANS https://dailyworld.in/science/at-92-pc-indias-ai-adoption-rate-highest-in-asia-pacific-report-646422.html Mon, 03 Nov 2025 19:51:00 +0530 https://dailyworld.in/science/sc-calls-for-action-against-digital-arrest-scams-with-iron-hands-646430.html New Delhi Nov 3 The Supreme Court on Monday expressed grave concern over the growing menace of cybercrimes which have reportedly led to the extortion of over Rs 3000 crore from citizens including vulnerable senior citizens A bench of Justices Surya Kant Ujjal Bhuyan and Joymalya Bagchi was hearing a suo motu case concerning the rising menace of digital arrest scams where fraudsters impersonate police and judicial officers using forged court orders to extort money from victimsDuring the hearing the Justice Surya Kantled Bench was informed that the scam syndicates were not only operating within India but were also being run from offshore locationsIn sealed cover reports the Central Bureau of Investigation CBI and the Union Ministry of Home Affairs MHA submitted that criminal networks linked to digital arrest frauds were often operating from countries such as Myanmar and ThailandEmphasising the need to empower investigation agencies through judicial orders the apex court remarked It is shocking that over Rs 3000 crore have been collected from the victims including senior citizens If we do not pass stringent and harsh orders the problem will magnify We are determined to deal with these crimes with iron handsSolicitor General Tushar Mehta the secondhighest law officer of the Centre informed the bench that the CBI had already begun investigating several cases with technical assistance from the MHAs Cyber Crime DivisionThe Supreme Court also appointed an amicus curiae to assist in the matter with a further hearing scheduled for November 10In an earlier hearing the Justice Surya Kantled Bench had directed all states and Union Territories to file details of First Information Reports FIRs relating to these scamsObserving that digital arrest scams appeared to be panIndia or even crossborder in nature the apex court had suggested that the investigation be handed over to the CBIThere are more than one instance that have taken place in different parts We are inclined to entrust the matter to the CBI in respect of all the states because this is a kind of crime which may be operating panIndia or even across the border the apex court had said IANS https://dailyworld.in/science/sc-calls-for-action-against-digital-arrest-scams-with-iron-hands-646430.html Mon, 03 Nov 2025 21:12:00 +0530 https://dailyworld.in/science/india-to-triple-incentives-for-rare-earth-magnet-manufacturing-646431.html New Delhi Nov 3 In a major push to build domestic capacity in the strategic rare earth sector India plans to almost triple the size of its incentive programme for rare earth magnet manufacturing to more than Rs 7000 crore The move comes as several nations including India step up efforts to establish a reliable supply chain for rare earth magnets key components used in electric vehicles wind turbines smartphones and defence systems amid Chinas growing export restrictions according to reportsChina currently processes nearly 90 per cent of the worlds rare earth output In April this year Beijing tightened export controls on critical minerals as its trade tensions with the US deepened disrupting supplies to automakers and clean energy industries across the globeIndias expanded productionlinked incentive PLI plan aims to attract private investment promote local manufacturing and reduce dependence on Chinese importsThe government is also exploring partnerships with resourcerich nations to ensure secure access to raw materials needed for magnet productionIndustry experts said the proposed boost in incentives reflects Indias broader strategy to strengthen its critical minerals ecosystem from exploration and mining to value addition and hightech manufacturingEarlier in the day the PHD Chamber of Commerce and Industry PHDCCI had urged the government to set up a dedicated Department of Critical Minerals and adopt an aggressive mineral diplomacy to safeguard India from global supplychain disruptionsThe chamber also called for interministerial coordination and strategic stockpiling of key minerals similar to the US oil reserve modelExperts have repeatedly highlighted that the global energy transition will rely heavily on critical mineralsElectric vehicles are estimated to be six times more mineralintensive than conventional cars while renewable energy technologies like solar and wind require up to three times more minerals than traditional sourcesBy scaling up its rare earth magnet production India aims not only to strengthen its manufacturing base but also to position itself as a key player in the global clean energy and electronics value chains according to reports IANS https://dailyworld.in/science/india-to-triple-incentives-for-rare-earth-magnet-manufacturing-646431.html Mon, 03 Nov 2025 21:13:00 +0530 https://dailyworld.in/science/air-india-san-francisco-delhi-flight-lands-in-mongolia-over-suspected-tech-issue-646433.html New Delhi Nov 3 Air India on Monday said that its flight from San Francisco to Delhi via Kolkata made a precautionary landing in Mongolia after the flight crew suspected a technical issue The airline said that the incident occurred when flight AI174 on November 2 operating from San Francisco to Delhi via Kolkata made a precautionary landing at Ulaanbaatar Mongolia after the flight crew suspected a technical issue en routeThe aircraft landed safely at Ulaanbaatar and is undergoing the necessary checks We are working closely with our partners to support all passengers while we make efforts to get everyone on their way to the destination at the earliest opportunity an Air India spokesperson saidAir India said it regrets the inconvenience caused to passengers due to the unforeseen situation At Air India the safety of passengers and crew remains a top priorityMeanwhile Air India has been granted a temporary extension of flight duty time for twopilot Boeing 787 Dreamliner planes flying on European routes which have become longer due to the closure of Pakistani airspace the Directorate General of Civil Aviation DGCA said last weekThe extension was based on specific operational reasons linked to planes on European routes having to undertake longer flight paths following the shutdown of Pakistans airspace according to the civil aviation regulatorFor twopilot Boeing 787 operations the Flight Duty Time Limitation FDTL has been extended to 10 hours and 30 minutes from 10 hours and the Flight Duty Period FDP increased to 14 hours from 13 hours The DGCA clarified that the extension of up to 30 minutes in flight time and up to one hour in FDP will apply only in cases where duty periods extend after departure and not during flight planning IANS https://dailyworld.in/science/air-india-san-francisco-delhi-flight-lands-in-mongolia-over-suspected-tech-issue-646433.html Mon, 03 Nov 2025 21:16:00 +0530 https://dailyworld.in/science/aerial-electromagnetic-survey-launched-for-slbc-tunnel-in-telangana-646440.html Hyderabad Nov 3 Aerial electromagnetic survey for SLBC tunnel works was launched in Telanganas Nagarkurnool district on Monday in the presence of Chief Minister A Revanth Reddy and Irrigation Minister Uttam Kumar Reddy The heliborne aerial electromagnetic survey is aimed at facilitating the continuation of the Srisailam Left Bank Canal SLBC project tunnel worksThe advanced survey is being conducted under the supervision of scientists from the National Geophysical Research Institute NGRIAccompanied by Uttam Kumar Reddy and Roads and Buildings Minister Komatireddy Venkat Reddy the Chief Minister arrived at Mannevaripalli village and inspected the stateoftheart transmitter system mounted on a helicopter at the SLBC Tunnel1 outlet point CPoint for the aerial electromagnetic surveyNGRI scientists explained to the Chief Minister the use of cuttingedge technology to study subsurface geological conditions The survey will help identify shear zones rock formations as well as underground water flows and their intensity at depths ranging from 800 to 1000 metres which are crucial for progressing with the SLBC tunnel worksAfter receiving a detailed briefing from the scientists the Chief Minister authorised the helicopter to take off to commence the aerial surveyHe along with the ministers also flew in a second helicopter to observe the lowlevel aerial exercise firsthandNGRI Director Dr Prakash Kumar scientist Dr H V S Satyanarayana Irrigation Department Advisor and Indian Armys Border Roads Organisations former chief Lt Gen Harpal Singh and Army Officer Parikshit explained various aspects of the survey area its technology and methodology to the Chief MinisterIn his remarks on the occasion the Chief Minister stated that the government is determined to complete the longpending 40kmlong tunnel project work by overcoming all obstaclesThis project pending for over two decades was revived after our government assumed office To complete the remaining 98 km of tunnel works we have engaged NGRI scientists and experienced Army officers who specialise in tunnel constructionRevanth Reddy said that the survey conducted under the NGRIs leadership will help determine geological conditions rock formations and underground water flows up to a depth of 800 to 1000 metres at intervals of every 25 metres Since the entire project area falls within a Tiger Reserve environmental precautions are being strictly observed he addedInitiated in 1983 the SLBC project aims to provide irrigation to 3 lakh acres and drinking water to 30 lakh people by gravity flow of 30 TMCs of water from the Krishna River However work remained stalled for two decades It was revived in 2004 during the tenure of undivided Andhra Pradeshs late Chief Minister Dr Y S Rajasekhara Reddy when tunnel works 1 and 2 were launchedOut of the 44 km tunnel nearly 33 km were completed earlier but during the past decade the project faced complete neglect At the time of initiation this was one of the most advanced tunnel projects in the world using a stateoftheart tunnel boring machine the CM notedThis 44 km gravitybased tunnel is unique in India and rarely seen elsewhere in the world Once completed Telangana will gain immense recognition and the project will deliver water supply without additional power costs Presently we spend Rs 500 crore annually only on electricity to pump water through the AMR projectamounting to Rs 5000 crore in the last decade he saidHe announced that the government will provide compensation and address the grievances of the dwellers of the submerged Marlapadu Keshya Tanda and Nakkalagandi habitations located close to the SLBC projectThe Chief Minister came down heavily on the previous BRS government for not completing the prestigious SLBC tunnel works during its 10year rule for political reasonsHe alleged that former Chief Minister KCR and then irrigation minister Harish Rao intentionally put the project on hold and created hurdles in the supply of water to Nalgonda through gravityCM Revanth Reddy noted that the project would have been completed at the cost of Rs 2000 crore had the KCR government completed the works Today the project cost has escalated to Rs 4500 croreThe CM took a broadside at KCR for not taking up even a single project on the river Krishna and spending Rs 186 lakh crore on contractors in 10 years He said that Rs 105 lakh crore was spent on the Kaleshwaram project aloneHe stated that Uttam Kumar Reddy was making allout efforts to complete the SLBC works by roping in the Army officials to dig the tunnels without any trouble in the futureRevanth Reddy said it was unfortunate that eight workers died during the excavation of the tunnel in FebruaryIt was a painful incident and we supported the affected families That is why we have now brought in the most skilled and experienced experts including an Army officer deputed to oversee the project he added IANS https://dailyworld.in/science/aerial-electromagnetic-survey-launched-for-slbc-tunnel-in-telangana-646440.html Mon, 03 Nov 2025 21:24:00 +0530 https://dailyworld.in/science/india-shows-power-of-sharing-knowledge-and-learning-together-industry-leader-646443.html Bengaluru Nov 3 Today is a great example of how we can come together to discuss share knowledge and learn from one another all of which are essential for the future Hanna Stjärne Executive Director of the Nobel Foundation said on Monday Speaking to IANS on the sideline of the Nobel Prize Dialogue at the Indian Institute of Science IISc here she said the enthusiasm and curiosity shown by Indian students and researchers reflected the countrys deep commitment to learning and collaborationWhen we organise meetings like this we bring many laureates onto the stage but theyre also here to engage and answer questions she saidIt becomes an exchange between students the public and the laureates a true opportunity to learn from one another Stjärne told IANSStjärne praised the success of the Bengaluru session saying There were so many questions today we could have continued the discussion for much longerIm really looking forward to hearing the questions that the audience in Mumbai will raise tomorrow she saidReflecting on the Bengaluru session she said the level of curiosity among participants was remarkableThere were so many questions today we could have continued the discussion for much longer Im really looking forward to hearing the questions that the audience in Mumbai will raise tomorrow Stjärne saidShe also appreciated the collaboration that made the event possible calling it an excellent partnership that worked out very wellThe Nobel Prize Dialogue titled The Future We Want was held from 1030 am to 100 pm at IISc Bengaluru and served as a platform to connect global scientific leaders with Indias young minds fostering discussions on innovation sustainability and the shared future of humanity IANS https://dailyworld.in/science/india-shows-power-of-sharing-knowledge-and-learning-together-industry-leader-646443.html Mon, 03 Nov 2025 22:48:00 +0530 https://dailyworld.in/science/gift-nifty-achieves-record-monthly-turnover-of-10622-billion-in-october-646264.html Mumbai Nov 3 Multiasset exchange NSE International Exchange NSEIX on Monday informed that its international Nifty futures contract GIFT Nifty witnessed a record monthly turnover of 10622 billion in the month of October The October turnover of 211 million contracts exceeded the previous high of 10235 billion reached in May 2025 according to the exchangeThe milestone reflects the growing global interest and trust in the GIFT Nifty as a benchmark for the Indias growth story according to the exchange Since launching fullscale operations on July 3 2023 GIFT Nifty has recorded over 5277 million contracts and a total cumulative turnover of 240 trillion as of October 2025 the statement saidTrading turnover on NSEIX has been growing exponentially since the commencement of a fullscale operation of GIFT NiftyWe are glad to witness the success of GIFT Nifty and express our sincere gratitude to all the participants for their overwhelming support and making GIFT Nifty a successful contract according to the NSEThe exchange had earlier informed that GIFT Nifty achieved a record open interest OI on October 24 2025 GIFT Nifty saw an open interest of 410100 contracts worth 2123 billion or Rs 186226 croreNSEIX located at GIFT City was established on June 5 2017 and is recognised by the International Financial Services Centres Authority It claims a market share of over 997 per cent in GIFT IFSCNSEIX offers Indian single stock derivatives index derivatives currency derivatives depository receipts and global stocks to investors The exchange also provides a comprehensive range of primary market products including listings of equity shares SPACs REITs InvITs depository receipts debt securities and ESG debt securitiesIn October Union Finance Minister Nirmala Sitharaman unveiled foreign currency settlement system in GIFT City to boost international trade investment and ease of doing business IANS https://dailyworld.in/science/gift-nifty-achieves-record-monthly-turnover-of-10622-billion-in-october-646264.html Mon, 03 Nov 2025 11:33:00 +0530 https://dailyworld.in/science/indias-manufacturing-growth-picks-up-in-oct-due-to-robust-domestic-demand-pmi-data-646268.html New Delhi Nov 3 Indias manufacturing sector growth surged in the month of October fuelled by strong domestic demand GST 20 reforms productivity gains and increased technology investments a report said on Monday The HSBC India Manufacturing Purchasing Managers Index PMI rose to 592 in October from 577 in September according to data compiled by USbased financial intelligence provider SampP GlobalThe increase stemmed from quicker growth in new orders and factory output at the beginning of the third financial quarter driven by boost in advertising and recent GST reforms the report saidThe expansion rate matched levels seen in August which was one of the strongest in the last five years it indicatedA reading above 50 indicates economic expansion while one below 50 shows contraction in the manufacturing services or construction sectors A reading of exactly 50 signifies flat activityThe manufacturing PMI acceleration comes from robust enddemand fuelled expansions in output new orders and job creation said Pranjul Bhandari chief India economist at HSBCMeanwhile input prices moderated in October while average selling prices increased as some manufacturers passed on additional cost burdens to endconsumers Bhandari addedDespite input cost inflation easing to an eightmonth low output charge inflation remained at its highest level in 12 years for the second consecutive monthCompanies reported passing on higher freight and labour costs to customers while strong demand allowed them to maintain elevated pricesDomestic sales growth outpaced export orders which grew more slowly even with some improvement in overseas demand Employment creation continued for the twentieth straight month in October with hiring remaining moderate and largely consistent with Septembers levels it notedManufacturers remain optimistic about future business conditions crediting their optimism to GST reforms capacity expansion and stronger marketing efforts the report noted IANS https://dailyworld.in/science/indias-manufacturing-growth-picks-up-in-oct-due-to-robust-domestic-demand-pmi-data-646268.html Mon, 03 Nov 2025 12:20:00 +0530 https://dailyworld.in/science/startup-founder-orders-veg-biryani-from-behrouz-via-swiggy-gets-non-veg-instead-646276.html New Delhi Nov 3 Startup founder and angel investor Udit Goenka who ordered veg biryani from Behrouz Biryani via food delivery app Swiggy got a rude shock as he got nonveg biryani instead Taking to the social media platform X Goenka shared the plight and called out Swiggy to resume the matterOrdered Veg Biryani from Behrouz and I was delivered nonveg Goenka saidTagging Swiggy he said Resolve this before I go to consumer court He also tagged Behrouz Biryani and stated Suing you guys for thisWhile Behrouz issued an apology on X Swiggy has yet to immediately respond to the post on the platformHi Udit That is certainly not the experience we intend for our customers and we apologise as your experience has been hampered Kindly DM us your Order ID and contact number so that we can fix this for you RB Behrouz posted on XThe post also garnered much attention with people asking Goenka not to order veg from a nonveg restaurantThis is not the first time Swiggy and Behrouz Biryani have made the blunderEarlier in April a woman took to her Instagram handle to slam Swiggy for delivering nonveg food to her during Navratri a highly auspicious time of the yearIn July a UPSC teacher on X posted a clip of a bowl of soup claiming his family had ordered a vegetarian soup from a premium restaurant via Zomato but received a nonvegetarian soup insteadLast year the District Consumer Disputes Redressal Commission in Telangana and Punjab slapped a fine on Swiggy for delivering nonvegetarian food to vegetarian customersThe Commission ordered a collective fine of Rs 10000 on Swiggy and a Madhapurbased restaurant in April and slapped a fine of Rs 50000 on Swiggy and Behrouz Biryani in JulyMeanwhile Swiggy has reported a consolidated net loss of Rs 1092 crore for the quarter ended September Q2 FY26 widening from a loss of Rs 626 crore in the same period last fiscal Q2 FY25The loss is attributable to the owners of the company the company informed in its stock exchange filing IANS https://dailyworld.in/science/startup-founder-orders-veg-biryani-from-behrouz-via-swiggy-gets-non-veg-instead-646276.html Mon, 03 Nov 2025 12:50:00 +0530 https://dailyworld.in/science/nearly-50-pc-millennials-fear-jobs-being-replaced-by-ai-report-646283.html Mumbai Nov 3 Amid increasing adaptation to the growing influence of artificial intelligence AI at the workplace nearly 50 pc millennials in the country fear that their jobs will be replaced by AI in the next three to five years according to a report on Monday The report by Great Place To Work India offered an indepth look at how Indian employees are adapting to the growing influence of AI at workThe findings also highlight a positive shift across industries with employees showing greater readiness and trust in leveraging AI as a catalyst for productivity and innovationThe report revealed that 54 per cent of employees across India believe their organisations are currently at a pilot or intermediate stage of AI implementation This reflects the steady progress toward a more techempowered and efficient work environmentHowever it revealed that four in 10 employees feel that AI could replace their roles in the next three to five years This apprehension is not confined to a single demographic and is consistent irrespective of tenure at the current organisation or total career experienceAt least 40 per cent of the employees concerned about AI taking their employment also intend to quit their current company revealed the report highlighting a crucial and pressing issue for HR departments and senior leadershipAs organisations across industries advance in AI implementation leaders are devising highimpact AI strategies that enhance human capabilities Roadblocks that currently need attention are organisational resistance coupled with employee readiness said Balbir Singh CEO Great Place To Work IndiaFurther about 57 per cent of employees in companies that have not adopted AI yet noted being insecure as compared to 8 per cent at companies that are at advanced stages of AI adoptionThis positive shift highlights how structured adoption leadership support and inclusive communication can turn initial apprehension into genuine excitement about the future of workSingh urged employers to actively identify real use cases for AI within their organisation involve employees in AI initiatives and invest in reskilling programmes This is the only way to stay above the curve and get the internal mobility running successfully from within IANS https://dailyworld.in/science/nearly-50-pc-millennials-fear-jobs-being-replaced-by-ai-report-646283.html Mon, 03 Nov 2025 13:23:00 +0530 https://dailyworld.in/science/gold-prices-dip-as-safe-haven-demand-declines-646289.html Mumbai Nov 3 Spot gold prices slipped below the 4000 per ounce after a significant increase this year dipping 27 per cent from last week to 398443 an ounce data showed on Monday The price of 10 grams of 24carat gold was Rs 121113 during the day trade according to data published by the India Bullion and Jewellers Association IBJAAnalysts said the moderation in demand came as trade tensions between the US and China cooled and the dollar index jumped to its highest in three monthsAfter a sharp rally gold and silver lost some shine last weekFurther Beijings decision to end a longstanding tax rebate for certain retailers is expected to weaken demand in one of the worlds largest bullion markets according to multiple media reportsIn spite of the pullback gold remains over 50 per cent higher yeartodate driven by centralbank purchases and safehaven demand Silver prices have also corrected sharply after hitting festiveseason highs of around Rs 2 lakh per kilo during the Dhanteras periodThe price of one kilogram of silver was Rs 149660 according to data published by the India Bullion and Jewellers Association IBJAHowever many experts view this as a temporary phase with another rally likely in the near futureRising US bond yields above 4 per cent further weakened investor appetite for safehaven assets Fed Chair Jerome Powells comments that rate cuts in December arent guaranteed also dampened sentiment However consistent central bank purchases and lingering global economic uncertainties continue to offer underlying support to bullion prices according to Rahul Kalantri VP Commodities Mehta Equities LtdAnalysts said that gold has support at Rs 120870 to Rs 120480 while resistance is at the Rs 121890 to Rs 122300 zone Silver has support at Rs 147450 to 146750 while resistance is at Rs 149340 to 150280 zone IANS https://dailyworld.in/science/gold-prices-dip-as-safe-haven-demand-declines-646289.html Mon, 03 Nov 2025 13:57:00 +0530 https://dailyworld.in/science/seouls-200-billion-investment-in-us-will-first-go-to-s-korean-firms-minister-646298.html Seoul Nov 3 Seouls envisioned 200 billion investment in the United States will first flow into South Korean companies operating in the country the industry minister said on Monday The 200 billion cash investment is not just money we are giving to the US Industry Minister Kim Jungkwan said during his meeting with chief executive officers CEOs of mediumsized enterprises referring to the details of Koreas investment commitment to the US under the tariff deal reached between the two countries last week The benefits will be structured to give priority to our companies entering the US marketKim explained investments will be made on projects agreed upon by both sides through a joint investment committee that will be chaired by US Commerce Secretary Howard Lutnick and a cooperation committee headed by himself reports Yonhap news agencyThe 200 billion investment will be made based on commercial rationality Simply put it will be directed to businesses capable of generating cash flow he saidOn Wednesday Seoul and Washington finalized an agreement on the details of Seouls 350 billion investment pledge made in exchange for the lowering of US tariffsUnder the final terms the investment will consist of 200 billion in cash installments and 150 billion allocated for bilateral shipbuilding cooperation with an annual cap set at 20 billionKim said the two countries have nearly completed a memorandum of understanding and a joint fact sheet on their recently finalized tariff dealUntil now Korean companies had to finance themselves to start a business in the US but they will have another option with the tariff deal he stressed calling on mediumsized firms to actively consider utilizing the envisioned KoreaUS investment fundRegarding US President Donald Trumps remarks that he was a very tough negotiator Kim said he considers it an honor for my family noting he has been called tough by the toughest person in the worldTrump made the remarks during his special address for the AsiaPacific Economic Cooperation APEC CEO Summit held in the southeastern city of Gyeongju last weekMeanwhile Vice Industry Minister Moon Shinhak said in a separate press briefing that the government is working to assess the potential impact of Seouls massive investment plan in the USKorean conglomerates have been executing their mother factory strategy well but we will have to see if they can maintain and develop the strategy Moon told reporters referring to concerns Seouls investments in the US may weaken the companies domestic investmentsMother factory strategy refers to a tactic where businesses operate a main factory for the technological development and production of highvalue products in their home country while outsourcing less important projects to their overseas plantsOn the ongoing discussions between the government and petrochemical companies on an industrial restructuring plan Moon said his ministry will finalize the plan by the end of this yearIn August the government announced its road map on helping the ailing petrochemical sectors voluntary restructuring efforts aimed at tackling the industrywide crisis stemming from a global oversupply IANS https://dailyworld.in/science/seouls-200-billion-investment-in-us-will-first-go-to-s-korean-firms-minister-646298.html Mon, 03 Nov 2025 15:07:00 +0530 https://dailyworld.in/science/adanis-ambuja-cements-q2-net-profit-soars-364-pc-revenue-rises-21-pc-646301.html Ahmedabad Nov 3 Ambuja Cements part of the diversified Adani Portfolio on Monday reported strong results for the JulySeptember quarter of the current financial year Q2 FY26 with consolidated net profit PAT soaring 364 pc yearonyear YoY to Rs 23023 crore compared to Rs 4965 crore in the yearago period Q2 FY25 The companys standalone PAT also surged nearly three times to Rs 138755 crore compared to Rs 50066 crore in the same quarter last fiscal a jump of 177 per cent YoYDuring the quarter the companys total revenue reached Rs 9174 crore marking its highestever secondquarter performance and a 21 per cent increase yearonyearVinod Bahety Whole Time Director and CEO Ambuja Cements said that this quarter has been noteworthy for the cement industryDespite the headwinds from prolonged monsoons the sector will benefit from the tailwinds of several favourable developments including GST 20 reforms the Carbon Credit Trading Scheme CCTS and the withdrawal of coal cess he addedEBITDA for the quarter stood at Rs 1761 crore up 58 per cent from last financial year with EBITDA per tonne rose to Rs 1060 an improvement of 32 per cent YoYThe companys operating margin expanded to 192 per cent higher by 45 percentage pointsAmbuja Cements also remained debtfree with a net worth of Rs 69493 crore up Rs 3057 crore during the quarter Its earnings per share EPS jumped 267 per cent to Rs 72On the operational front the company announced several capacity expansion plans Its FY28 capacity target has been raised from 140 million tonnes per annum MTPA to 155 MTPA with the additional 15 MTPA expected to come through lowcost debottlenecking at around 48 per tonneThe company has also started trial runs for a new 4 MTPA kiln line at Bhatapara in Chhattisgarh while the 2 MTPA Krishnapatnam grinding unit has been commissioned Three more locations adding 7 MTPA of capacity are expected to become operational in the next quarterOur outlook for the balance period of FY26 remains positive We remain optimistic about delivering double digit revenue growth and four digits PMT EBITDA the company said IANS https://dailyworld.in/science/adanis-ambuja-cements-q2-net-profit-soars-364-pc-revenue-rises-21-pc-646301.html Mon, 03 Nov 2025 15:11:00 +0530 https://dailyworld.in/science/after-layoffs-microsoft-plans-fresh-hiring-focused-on-ai-satya-nadella-646188.html New Delhi Nov 2 After a year of major layoffs Microsoft is preparing to grow its workforce again but this time with a clear focus on artificial intelligence AI Speaking on the BG2 podcast with investor Brad Gerstner Microsoft CEO Satya Nadella said the companys employee count will increase in a smarter and more leveraged way driven by AI technologyWe will grow our headcount Nadella said adding that future hiring will be shaped by how AI boosts productivity across the companyMicrosoft had about 228 lakh employees at the end of June 2025 with the number staying almost unchanged after several rounds of job cuts that affected over 15000 workersIn contrast before the AI boom in 2022 the companys workforce had expanded by 22 per centThe hiring slowdown came as Microsoft shifted its focus to investing in AI infrastructure partnerships and tools like Microsoft 365 Copilot and GitHub CopilotNadella explained that the company has entered a new phase not of mass hiring but of targeted scaling where AI allows smaller teams to achieve much moreHe described this as an unlearning and learning process in which employees must adapt to using AI in every part of their work from research and planning to executionHe shared an example of a Microsoft executive who used AI agents to manage the companys fibernetwork operations when hiring couldnt keep up with growing demandThats an example of a smaller team achieving more because of AI Nadella saidMeanwhile earlier this year multiple reports suggested that Microsoft laid off 4 per cent of its workforce or around 9000 employees in yet another round of job cuts this yearAccording to The Seattle Times in July this year employees in Microsofts Xbox division known as Microsoft Gaming are being hit hard by these layoffsTo position Gaming for enduring success and allow us to focus on strategic growth areas we will end or decrease work in certain areas of the business and follow Microsofts lead in removing layers of management to increase agility and effectiveness said Xbox leader Phil Spencer in a message to the team IANS https://dailyworld.in/science/after-layoffs-microsoft-plans-fresh-hiring-focused-on-ai-satya-nadella-646188.html Sun, 02 Nov 2025 14:50:00 +0530 https://dailyworld.in/science/you-forgot-to-mention-act-4-elon-musk-hits-back-at-sam-altman-over-tesla-car-delay-claim-646202.html New Delhi Nov 2 Tesla CEO Elon Musk has hit back at OpenAI chief Sam Altman after the latter claimed he was still waiting for a Tesla car more than seven years after booking it Musk accused Altman of leaving out key details saying the issue had already been resolved and a refund issued within 24 hoursnbspThe longrunning tension between Musk and OpenAI CEO Altman flared up once again after Altman alleged that he has been waiting more than seven years for a Tesla vehicle he booked and still hasnt received itAltman claimed that he paid 45000 as a prereservation fee for a Tesla car in July 2018 but despite multiple followups he has not received the vehicle or a refund In a post on social media platform X Altman shared screenshots of his email exchanges with Tesla including the booking confirmation a refund request and an error message showing his email bounced back with Address not foundnbspCalling it a tale in three acts Altman wrote I really was excited for the car And I understand delays But 75 years has felt like a long time to waitTesla CEO Elon Musk however quickly responded to Altmans post accusing him of leaving out key details And you forgot to mention act 4 where this issue was fixed and you received a refund within 24 hours But that is in your nature Musk wrote in a pointed reply on XnbspIn a followup post Musk added You stole a nonprofit taking a sharp jab at Altman over OpenAIs shift from a nonprofit to a forprofit structure a move Musk has publicly criticised in the pastTeslas secondgeneration Roadster which Altman is believed to have reserved was first unveiled in 2017 as the fastest production car ever made However the vehicles launch has been repeatedly delayed and remains in the design development stage as per Teslas latest financial filings IANS https://dailyworld.in/science/you-forgot-to-mention-act-4-elon-musk-hits-back-at-sam-altman-over-tesla-car-delay-claim-646202.html Sun, 02 Nov 2025 15:40:00 +0530 https://dailyworld.in/science/indias-indigenous-gsat-7r-satellite-to-bolster-navys-communications-successfully-separated--646225.html Sriharikota Andhra Pradesh Nov 2 IANS The Indian Space Research Organisation ISRO on Sunday successfully achieved the separation and injection of the Indian Navys GSAT7R CMS03 communication satellite which would strengthen the forces spacebased communications and maritime domain awareness capabilitiesnbsp The satellite the most advanced communication satellite thus far for the Indian Navy and carried on a LVM3M5 rocket was launched from the Satish Dhawan Space Centre in Andhra Pradeshs Sriharikota at the fixed time of 526 pmIn a mission update on its X account the ISRO said CMS03 separated successfully Perfect injectionnbspUnion Minister of State Independent Charge for Science ampamp Technology Dr Jitendra Singh lauded the ISRO on its latest achievementnbspKudos Team ISRO Indias Bahubali scales the skies with the successful launch of LVM3M5 Mission Bahubali as it is being popularly referred LVM3M5 rocket is carrying the CMS03 communication satellite the heaviest ever to be launched from the Indian soil into a Geosynchronous Transfer Orbit GTO ISRO continues to script one success after another Thanks PM Sh narendramodi for the unflinching government support he said in a post on XThis satellite is Indias heaviest communication satellite till date weighing approximately 4400 kg and includes many indigenous stateoftheart components developed specifically to meet the Navys operational requirementsnbspAccording to the ministry GSAT7R will provide robust telecommunication coverage across the Indian Ocean Region Its payload includes transponders capable of supporting voice data and video links over multiple communication bandsnbspThis satellite will significantly enhance connectivity with highcapacity bandwidth enabling seamless and secure communication links between ships aircraft submarines and Maritime Operations Centres of the Indian NavyIn an era of complex security challenges GSAT7R represents the Indian Navys determination to protect the nations maritime interests leveraging advanced technology through AatmanirbhartanbspCMS03 is a multiband communication satellite that will provide services over a wide oceanic region including the Indian landmass ISRO saidnbspThe LVM3 rocket is Indias heaviest launch vehicle and can carry up to 4000 kg to space It has successfully launched missions like Chandrayaan3 to the Moon which made India the first country to land successfully near the lunar south pole The designated LVM3M5 will be its fifth operational flightThe launch vehicle has been fully assembled and integrated with the spacecraft and has been moved to the launch pad on October 26 for further prelaunch operations the ISRO saidnbspThe GSAT7R designed exclusively for the Indian Navy will succeed the GSAT7 Rukmini satellite launched in 2013 With upgraded payloads GSAT7R is designed to expand secure multiband communications for the Navy and strengthen its operational reach across critical maritime domainsnbspThe CMS03 payload includes transponders for voice data and video links over C extended C and Ku bands https://dailyworld.in/science/indias-indigenous-gsat-7r-satellite-to-bolster-navys-communications-successfully-separated--646225.html Sun, 02 Nov 2025 19:03:00 +0530 https://dailyworld.in/science/trade-talks-q2-earnings-and-global-cues-likely-to-drive-sensex-nifty-next-week-646134.html Mumbai Nov 2 The coming week is expected to be actionpacked for the Indian stock markets as investors turn their focus to key corporate earnings a series of upcoming IPOs and crucial trade negotiations between India and the United States These factors are likely to set the tone for the Sensex and Nifty after both indices ended the last week with minor lossesThe Sensex fell 46575 points or 055 per cent to settle at 8393871 while the Nifty closed 15575 points or 060 per cent lower at 25722 on FridayWeak global cues and profit booking amid mixed corporate earnings weighed on investor sentiment Over the month the Sensex rose 46 per cent and the Nifty gained 45 per centBroader markets also ended lower with the BSE Midcap index declining 055 per cent and the Smallcap index falling 040 per centNext week several heavyweight companies such as Bharti Airtel Titan Company Adani Enterprises Adani Ports InterGlobe Aviation Mahindra amp Mahindra Paytm SBI Britannia Lupin Bajaj Auto and Hindalco Industries are set to announce their quarterly resultsThe market is likely to take cues from these earnings reports for further directionOn the policy side Commerce Minister Piyush Goyal said India is in the final stages of negotiations with the United States for a bilateral trade agreementGoyal added that talks with the European Union are also progressing wellMeanwhile the primary market is gearing up for a busy week with five IPOs opening for subscription two on the mainboard and three in the SME segmentAdditionally five new companies will make their stock market debut next week further adding to market buzzWith a mix of corporate earnings trade negotiations and IPO activity investors can expect volatility in the markets next week analysts saidGlobal cues and updates on USIndia trade talks will also play a key role in shaping investor sentiment they addedIn terms of levels the Nifty has immediate support at 25600 and 25500 which could provide buying opportunities on declinesOn the upside resistance is seen at 25800 and 26000 with the latter acting as a key hurdle A sustained breakout above 26000 could trigger a bullish move potentially targeting the 2610026300 zone in the coming weeks market watchers added IANS https://dailyworld.in/science/trade-talks-q2-earnings-and-global-cues-likely-to-drive-sensex-nifty-next-week-646134.html Sun, 02 Nov 2025 11:49:00 +0530 https://dailyworld.in/science/make-in-india-booster-aoc-projectors-to-be-locally-manufactured-soon-646138.html New Delhi Nov 2 In a major boost to the governments Make in India mission Clixroute Industries Private Limited on Sunday announced a strategic partnership with TPV Audio and Visual Technology Shenzhen Co Ltd to locally manufacture AOC projectors and AOC outdoor power supplies in India The company plans to invest 10 million to set up manufacturing infrastructure and build a strong local supply chain in Uttar PradeshUnder this multiyear agreement Clixroute Industries part of the RAAMPS Group of Companies will serve as the exclusive importer manufacturer and reseller of AOC projectors and outdoor power supplies in IndiaThe collaboration is aimed at reducing import dependency and strengthening Indias selfreliant manufacturing ecosystemAOC International a subsidiary of Taiwanbased TPV Technology is a globally recognised electronics brand known for its highquality display productsTPV Technology is one of the worlds largest manufacturers of LCD monitors and televisions and AOC is among its top global brandsSpeaking on the partnership Himanshu Gupta Director of Clixroute Industries said This partnership is more than a business agreement its a bridge between worldclass AOC and Indias rapidly growing consumer marketBy combining TPVs innovation with our manufacturing expertise we will deliver authentic AOC projectors and outdoor power solutions made right here in India Gupta mentionedHe added that the company will invest over 10 million to build worldclass infrastructure in Uttar PradeshThe project will create around 200 new jobs support local supply networks and promote skill development in the regionWith Indias demand for advanced projection systems and outdoor power solutions growing across the corporate education entertainment and infrastructure sectors this collaboration is expected to significantly strengthen AOCs presence in the countryThe partnership highlights how global technology and Indian manufacturing can come together to power the nations next phase of industrial growth IANS https://dailyworld.in/science/make-in-india-booster-aoc-projectors-to-be-locally-manufactured-soon-646138.html Sun, 02 Nov 2025 12:20:00 +0530 https://dailyworld.in/science/gst-20-booster-upi-sees-2070-billion-transactions-in-oct-worth-rs-2728-lakh-crore-645951.html New Delhi Nov 1 Amid the GST 20 reforms the unified payments interface UPI witnessed 25 per cent transaction count growth yearonyear at 2070 billion in the month of October along with registering 16 per cent annual growth in transaction amount at Rs 2728 lakh crore the National Payments Corporation of India NPCI data showed on Saturday Monthwise too UPI witnessed a growth in transaction amount from Rs 2490 lakh crore in SeptemberAverage daily transaction amount in October stood at Rs 87993 crore a significant rise from Rs 82991 crore in September the NPCI data showedThe month of October recorded 668 million average daily transaction counts up from 654 million registered in SeptemberIn September the UPI saw 31 per cent transaction count growth yearonyear at 1963 billion with 21 per cent monthonmonth growth in transaction amount at Rs 2490 lakh crore in AugustMonthly transactions via instant money transfer IMPS went up 2 per cent in October at 642 lakh crore onyear and up 6 per cent onmonth from Rs 597 lakh crore in September the data showedDaily transaction amount via IMPS stood at Rs 20709 crore up from Rs 19895 crore in SeptemberMeanwhile UPI continues to dominate the countrys digital payments landscape with transactions surging 35 per cent yearonyear YoY to reach 10636 billion in the first half of 2025 data showed this weekThe total value of these transactions stood at a massive Rs 14334 lakh crore highlighting how deeply digital payments have become a part of everyday life in India according to Worldlines India Digital Payments Report 1H 2025Persontomerchant P2M transactions grew 37 per cent to 6701 billion driven by the Kirana Effect where small and micro businesses have become the backbone of Indias digital economy Indias QRbased payment network also saw tremendous growth more than doubling to 678 million by June 2025 a 111 per cent rise from January 2024 IANS https://dailyworld.in/science/gst-20-booster-upi-sees-2070-billion-transactions-in-oct-worth-rs-2728-lakh-crore-645951.html Sat, 01 Nov 2025 10:35:00 +0530 https://dailyworld.in/science/covid-during-pregnancy-may-raise-autism-motor-disorder-risk-in-kids-by-age-3-645960.html New Delhi Nov 1 Children born to mothers who had Covid19 while pregnant may be at a high risk of suffering from developmental disorders including speech delays autism and motor disorders by the time they turn 3 years old according to new research Researchers from the Mass General Brigham in the US explained that these may be due to immune activation during pregnancy which disrupts normal foetal brain developmentThese findings highlight that Covid19 like many other infections in pregnancy may pose risks not only to the mother but to foetal brain development said Andrea Edlow MaternalFoetal Medicine specialist in the Department of Obstetrics and Gynaecology at Mass General Brigham The findings published in the journal Obstetrics and Gynecology are based on an analysis of 18124 live births during the peak Covid window of March 2020 to May 2021The team studied 18124 motherchild pairs Among the 861 children whose mothers were SARSCoV2positive during pregnancy 140 163 per cent received a neurodevelopmental diagnosis by 3 years of age compared with 1680 97 per cent of the 17263 remaining children from SARSCoV2negative pregnanciesAfter adjusting for other influencing factors SARSCoV2 infection during pregnancy was associated with 29 per cent higher odds of a neurodevelopmental condition in childrenThe investigators also found that males were at higher risk than females Risk was greatest when infection occurred during the third trimester of pregnancyThe study also supported the importance of trying to prevent Covid infection in pregnancy particularly when public trust in vaccines including the Covid19 vaccine is being erodedWhile reducing risk is important the overall risk of adverse neurodevelopmental outcomes in exposed children likely remains low said cosenior author Roy Perlis of the Mass General Brigham Department of Psychiatry IANS https://dailyworld.in/science/covid-during-pregnancy-may-raise-autism-motor-disorder-risk-in-kids-by-age-3-645960.html Sat, 01 Nov 2025 11:31:00 +0530 https://dailyworld.in/science/uidai-rolls-out-fully-digital-aadhaar-update-system-with-new-fees-digital-kyc-and-more-645971.html New Delhi Nov 1 In a significant move to provide digital convenience to Aadhaar cardholders the Unique Identification Authority of India UIDAI has announced major reforms to make Aadhaar updates faster simpler and entirely online effective from Saturday The new changes will allow cardholders to update key details such as their name address date of birth or mobile number directly through the UIDAI portal eliminating the need to visit enrolment centresThe information that an individual submits will be digitally verified using linked government documents like PAN cards passports driving licences or ration cards ensuring both speed and accuracyAdditionally the government has mandated that AadhaarPAN linking be completed by December 31 2025 and that PAN cards that are not linked will be deactivated on January 1 2026As part of the procedure new PAN applicants will also need to finish an Aadhaarbased verificationFurthermore UIDAI has streamlined the digital Know Your Customer KYC process for banks and other financial institutions enabling users to confirm their identity via video KYC Aadhaar OTPbased authentication or optional inperson verificationThe authority has introduced a revised service fee structure that will also come into effect on November 1 Under the new fee structure the Aadhaar reprints will be done at Rs 40 For a biometric update the cardholders need to pay Rs 125 and for updating demographic information the fee would be Rs 75 Home enrolment service for the first applicant will be charged at Rs 700 and Rs 350 for each additional person at the same addressThe digitalfirst reforms are intended to improve the security and usability of Aadhaar services so that citizens can easily manage their identity records from homeEarlier a cardholder had to visit an Aadhaar Seva Kendra for any correction or update The new reforms bring the entire process online through the UIDAI portal IANS https://dailyworld.in/science/uidai-rolls-out-fully-digital-aadhaar-update-system-with-new-fees-digital-kyc-and-more-645971.html Sat, 01 Nov 2025 11:56:00 +0530 https://dailyworld.in/science/dark-chocolate-berries-may-help-boost-memory-and-relieve-stress-study--645978.html New Delhi Nov 1 Struggling with memory and stress issues A bite of dark chocolate or a handful of berries may help boost your memory levels and also cut down stress according to an animal study The improved memory and cognition may be due to flavanols found abundantly in cocoa and berries said the team from Shibaura Institute of Technology JapanThe study published in the journal Current Research in Food Science demonstrated that flavanol intake can trigger wideranging physiological responses resembling those induced by exercise functioning as a moderate stressor that activates the central nervous system and enhances attention arousal and memory Flavanols also protect against neuronal damageStress responses elicited by flavanols in this study are similar to those elicited by physical exercise Thus moderate intake of flavanols despite their poor bioavailability can improve the health and quality of life said Dr Yasuyuki Fujii from the Shibaura InstituteIn the study the team investigated how flavanols affect the nervous system through sensory stimulation They tested the hypothesis that the astringent taste a dry puckering rough or sandpapery sensation in the mouth of flavanols may act as a direct signal to the brainThe researchers conducted experiments in 10weekold mice administering flavanols orally at doses of 25 mgkg or 50 mgkg body weight while control mice received only distilled waterBehavioural tests showed that flavanolfed mice exhibited greater motor activity exploratory behaviour and improved learning and memory compared to controlsFlavanols enhanced neurotransmitter activity across several brain regions Dopamine and its precursor levodopa norepinephrine and its metabolite normetanephrine were elevated in the brain immediately after the administrationThese chemicals regulate motivation attention stress response and arousalFurthermore enzymes critical for noradrenaline synthesis tyrosine hydroxylase and dopaminebetahydroxylase and transport vesicular monoamine transporter 2 were upregulated strengthening the signalling capacity of the noradrenergic systemIn addition biochemical analysis revealed higher urinary levels of catecholamines hormones released during stress as well as increased activity in the hypothalamic paraventricular nucleus PVN a brain region central to stress regulation IANS https://dailyworld.in/science/dark-chocolate-berries-may-help-boost-memory-and-relieve-stress-study--645978.html Sat, 01 Nov 2025 12:27:00 +0530 https://dailyworld.in/science/automakers-report-robust-india-sales-in-october-over-gst-reforms-646017.html New Delhi Nov 1 Automakers like Kia India Skoda Auto India Nissan Motor India and Mahindras Trucks and Buses on Saturday reported robust sales in the month of October driven by strong festive buying due to GST reforms Kia India achieved its bestever monthly sales performance in October with 29556 units since entering the Indian marketWith a robust 30 per cent yearonyear increase over the 22735 units sold in October 2024 marking an unprecedented sales milestone this achievement underscores Kias strong and sustained momentum in Indias competitive automotive landscape the company said in a statementSkoda sold 8252 units in October which is its highestever monthly sales Nissan Motor reported consolidated sales of 9675 units marking a 45 per cent monthonmonth growth and Mahindra and Mahindras overall sales including exports in the Trucks and Buses business stood at 2034 unitsBetween January and October Skoda sold 61607 cars hitting an alltime high annual sales in just 10 months The growth was driven by Skodas firstever sub4m SUV the Kylaq with steady demand for the Kodiaq sustained contributions from the Kushaq and SlaviaNissan Motor reported that its performance reflected a strong festive demand for the New Nissan Magnite during Navratri Dussehra and Diwali complemented by the positive impact of the GST rate reduction announced by the Government of IndiaDomestic wholesale stood at 2402 units supported by robust demand for the New Nissan Magnite while exports reached 7273 units reinforcing Nissan Indias position as a global export hub The company recently celebrated the export of its 12 millionth vehicle strengthening its Make in India Make for the World philosophyMahindra amp Mahindras overall sales including exports in the Trucks and Buses business for the month rose 14 per cent year on year YOY to 2034 units from 1791 units in the same month a year ago Mahindras Trucks amp Buses business comprises of Mahindra Trucks amp Buses division MTBD and SML Mahindra Limited SMLGST 20 brought small cars and twowheelers up to 350 cc to an 18 per cent slab and introduced a 40 per cent flat rate for large cars eliminating the previous separate compensation cess This change makes cars more affordable with small cars and large SUVs seeing price reductions and has spurred a surge in sales and enquiries especially with the festive season IANS https://dailyworld.in/science/automakers-report-robust-india-sales-in-october-over-gst-reforms-646017.html Sat, 01 Nov 2025 14:49:00 +0530 https://dailyworld.in/science/maruti-suzuki-india-tata-motors-report-resilient-domestic-sales-in-oct-over-gst-cuts-646033.html Mumbai Nov 1 As GST reforms boosted festive demand in the country Maruti Suzuki India Limited on Saturday said it sold a total of 220894 units in October which is its highestever monthly sales volume Domestic sales reached an alltime high of 180675 units The sales to other original equipment manufacturers OEMs were at 8915 units and exports were at 31304 units according to the companyTata Motors Passenger Vehicles Ltds sales in the domestic and international market for October stood at 61295 units up 265 per cent compared to 48423 units during the same month a year ago said the company in a statementSUVs led the charge as more than 47000 units were sold last month achieving the highestever 77 per cent share in monthly sales The automaker registered alltime high EV wholesales at 9286 units surging over 73 per cent yearonyear as robust retail demand drove recordbreaking monthly registrationsThe momentum was further strengthened by strong demand for the Nexon which posted an exceptional 50 per cent YoY growth on the back of its popular multipowertrain options Meanwhile the Harrier and Safari together achieved a new record with 7000 units soldThe Tata Groups firm also witnessed record festive performance with over one lakh vehicles delivered between Navratri and Diwali marking a robust 33 per cent onyear growthMeanwhile Hyundai Motor India Limited HMIL achieved total monthly sales of 69894 units in October 2025 including monthly domestic sales of 53792 units and exports of 16102 unitsHyundai Motors registered over 4 per cent monthonmonth rise in monthly domestic sales at 53792 units compared to 51547 units in September However its exports fell 14 per cent monthonmonth to 16102 units from 18800 units in the previous monthIn the month under review Hyundai CRETA and VENUE achieved their secondhighestever combined monthly sales of 30119 units informed the automaker IANS https://dailyworld.in/science/maruti-suzuki-india-tata-motors-report-resilient-domestic-sales-in-oct-over-gst-cuts-646033.html Sat, 01 Nov 2025 16:18:00 +0530 https://dailyworld.in/science/oyo-faces-allegations-of-daylight-heist-over-bonus-share-ballot-646038.html Mumbai Nov 1 Fintech founder Mohit Gang has accused hospitality chain OYO Rooms of attempting a daylight heist as retail investors are being scammed through a postal ballot that would issue bonus Compulsorily Convertible Preference Shares In a post on X Gang said that OYOs postal ballot on October 27 proposed three measures increasing authorised capital issuing bonus CCPS and granting sweat equityHe claimed that a scam lay behind the second measure of issuing bonus CCPS as the threeday response window was intended to lead retail shareholders to overlook the notice resulting in them receiving lowervalue Class A CCPS that convert oneforone into equityIn contrast insiders promoters and institutional investors opting for Class B could benefit from more favourable conversion terms linked to hiring merchant bankers for an IPOFor Class A investors who take no action on the postal ballot one share will be allotted for every 6000 existing sharesClass B available by optin could convert at significantly better ratios potentially providing thousands of additional shares per 6000 holdings if merchant bankers are appointed Gang saidClass B is the clear winner here and a nobrainer choice Because the upside is huge with very little downside If they appoint Merchant bankers one is eligible for extra 1109 shares for every 6000 shares held That is a neat 185 per cent upside his X post readSimply a classic daylight corporate heist By giving just 3 days to respond to this email along with the documentation requirement they have made it virtually impossible for normal investors to opt for Class B Gang addedCapitalmind AMC CEO Deepak Shenoy also took to X following Gangs allegation writing Please be aware if you are a shareholderOYO plans to file its Draft Red Herring Prospectus DRHP in November for a 78 billion valuation for its IPO IANS https://dailyworld.in/science/oyo-faces-allegations-of-daylight-heist-over-bonus-share-ballot-646038.html Sat, 01 Nov 2025 16:21:00 +0530 https://dailyworld.in/science/two-wheeler-manufacturers-record-8-to-11-pc-sales-growth-in-october-due-to-gst-reforms-646046.html Mumbai Nov 1 Buoyed by GST reforms and strong festive demand Indias twowheeler sales soared with leading manufacturers reporting 8 to 11 per cent growth in sales during October 2025 Chennaibased twowheeler manufacturer TVS Motor Company recorded monthly sales reaching 543557 units an 11 per cent YoY the company said on SaturdayTwowheelers drove strong sales with a 10 per cent increase to 525150 units alongside a 21 per cent rise in total international business sales to 115806 unitsTwowheeler sales abroad grew by 18 per cent increasing from 87670 units in October 2024 to 103519 units in October 2025 Domestic twowheeler sales of TVS grew 8 per cent YoY with sales touching 421631 units in OctoberMotorcycles rose by 16 per cent to 266715 units while scooters saw a 7 per cent increase to 205919 units Electric vehicle sales increased by 11 per cent to 32387 units while the threewheeler segment registered a growth of 70 per cent to 18407 unitsWhile the retail EV sales continue to be robust magnet availability continues to pose challenges in the short to medium term the company notedMeanwhile Suzuki Motorcycle India Pvt Ltd reported strong sales totalling 129261 units up 8 per cent YoY The companys retail sales reached an alltime high of 140679 units in October the company saidDomestic sales totalled 103454 units while exports increased by 71 per cent to reach 25807 units Suzuki also reported spare parts sales of Rs 857 million for the monthThe record domestic retail sales of more than 140 lakh units demonstrate robust demand during the festive period Our focus remains on enriching the overall ownership experience while expanding our presence across the country said Deepak Mutreja Vice President Sales amp Marketing Suzuki Motorcycle India Pvt Ltd IANS https://dailyworld.in/science/two-wheeler-manufacturers-record-8-to-11-pc-sales-growth-in-october-due-to-gst-reforms-646046.html Sat, 01 Nov 2025 16:54:00 +0530 https://dailyworld.in/science/ola-electrics-october-sales-drop-61-pc-yoy-to-16-034-units-646053.html Mumbai Nov 1 Bhavish Aggarwalrun Ola Electric recorded sales of 16034 escooters in the month of October marking a 61 per cent decline from 41843 units sold in the same month last year according to the data from governments Vahan portal on Saturday In the month of September Ola Electric had sold 13421 units as per Vahan dataThe drop in sales come as sales in Goa have reportedly been temporarily suspended due to complaints regarding poor aftersales service and delays in receiving registration certificatesEarlier shares of the electricvehicle maker faced significant pressure during the special Muhurat Day trading session on October 21 following reports that senior Ola Electric executives were implicated in the suicide of 38yearold engineer K AravindAravind a homologation engineer at Ola Electric allegedly died by suicide on September 28 at his Bengaluru flat In a 28page handwritten note he accused his superiors of continuous workplace harassment and of withholding salary and other financial duesDuring the hearing at the court advocate Prasanna Kumar who appeared for the complainant described Ola Electric as worse than the East India Company alleging severe mistreatment of employeesHe also raised concerns about a transfer of Rs 1746 lakh to Aravinds bank account two days after his death calling it suspiciousMeanwhile the defendants lawyer said that the matter was initially registered as an Unnatural Death Report UDR so a new FIR should not have been filedOla Electric has denied all allegations adding that Aravind never raised any formal complaints or grievances about harassment during his employmentAfter hearing both sides the High Court directed the police to continue their investigation fairly but instructed them not to harass the petitioners The court has scheduled the next hearing for November 17 IANS https://dailyworld.in/science/ola-electrics-october-sales-drop-61-pc-yoy-to-16-034-units-646053.html Sat, 01 Nov 2025 17:33:00 +0530 https://dailyworld.in/science/odisha-takes-a-big-leap-in-chip-manufacturing-with-ground-breaking-ceremony-of-sicsems-unit-646063.html Bhubaneswar Nov 1 As India doubles down on semiconductor manufacturing SiCSem a subsidiary of Archean Chemical Industries Ltd on Saturday lauded the vision and commitment of both the Central and Odisha governments in enabling the semiconductor revolution as the company performed the groundbreaking ceremony of its compound semiconductor fabrication facility at Info Valley here Rajeev Kumar Head of Strategy at Archean Chemical Industries Ltd the parent company of SiCSem said semiconductor manufacturing is one of the most complex and technologyintensive industries in the worldEstablishing such a facility requires longterm vision deep collaboration and strong policy support What we are witnessing today in Odisha is the culmination of that effort and belief he addedRajeev Kumar appreciated the proactive industrial ecosystem of Odisha and the consistent support extended by the governmentWhen we started this journey two years ago we were driven by the idea of contributing meaningfully to Indias semiconductor ambitions Todays milestone at Info Valley reflects the success of that partnership he notedRajeev Kumar further emphasised that the project would create a robust semiconductor value chain in eastern India attract highend investments and provide significant employment and skill development opportunities for local youthWith this Fab and ATMP facility Odisha is poised to play a defining role in Indias semiconductor growth story he saidAccording to Ranjit Pendurthi Managing Director of Archean Chemical Industries Ltd the occasion marks a defining moment not just for our company but for Indias semiconductor ecosystemWe are proud to be a part of this transformative journey envisioned under the leadership of Prime Minister Narendra Modi Odisha with its forwardlooking policies and skilled talent pool offers the perfect environment to build a worldclass facility he mentionedHe highlighted that the project would create advanced technology jobs nurture local talent and position Odisha as a strategic player in Indias electronics and semiconductor revolutionApproved by the India Semiconductor Mission ISM with a capital investment of Rs 2067 crore the compound semiconductor fabrication facility will create 5000 direct and indirect employment opportunities The facility will have an annual capacity of 60000 wafers along with a packaging capacity of 96 million units IANS https://dailyworld.in/science/odisha-takes-a-big-leap-in-chip-manufacturing-with-ground-breaking-ceremony-of-sicsems-unit-646063.html Sat, 01 Nov 2025 18:59:00 +0530 https://dailyworld.in/science/leprosy-now-a-notifiable-disease-in-maharashtra-646074.html New Delhi Nov 1 In a major boost to fight leprosy the Maharashtra government on Saturday declared that the chronic infectious condition is a notifiable disease The mandate will help curb the spread of leprosy and ensure early treatment for the patientsAs per the new directive every diagnosed case must be notified within two weeks to the respective District Health Office Assistant Director Health Services Leprosy and local municipal health authoritiesLeprosy or Hansens disease is a chronic infectious disease caused by Mycobacterium leprae bacteria Symptoms include discoloured skin patches lack of ability to feel touch pressure pain muscle weakness deformities particularly in hands feet and face and the inability to close eyes and poor visionDespite being completely curable fear stigma and misconceptions have prevented people from seeking proper treatmentThe Health Department emphasised that early detection and complete treatment are crucial to preventing deformities and disabilities among patientsThe state has also set an ambitious target of achieving a LeprosyFree Maharashtra by 2027The target includes breaking the chain of infection reducing disease transmission to zero eliminating deformities in children and eradicating social discrimination against those affectedTo achieve this health authorities directed all doctors both in public and private sectors along with pathologists microbiologists healthcare workers and field officers to ensure proper treatment and followup They have also asked to administer PostExposure Prophylaxis PEP to close contacts of patientsAs of September 2025 Maharashtra recorded 7863 new leprosy cases with 13010 patients currently under treatmentNotably health officials in the state appealed to the public not to panic emphasising that leprosy is entirely curable if diagnosed and treated on timeCitizens have been encouraged to visit their nearest health centre immediately if any symptoms appearNot all leprosy cases are infectious Especially neuritic leprosy leprosy of peripheral nerves is noncommunicable Hence while making it notifiable only infectious leprosy should be notifiable Dr Ishwar Gilada a Mumbaibased Consultant in Infectious Diseases told IANS IANS https://dailyworld.in/science/leprosy-now-a-notifiable-disease-in-maharashtra-646074.html Sat, 01 Nov 2025 21:17:00 +0530 https://dailyworld.in/science/leprosy-now-a-notifiable-disease-in-maharashtra-646076.html New Delhi Nov 1 In a major boost to fight leprosy the Maharashtra government on Saturday declared that the chronic infectious condition is a notifiable disease The mandate will help curb the spread of leprosy and ensure early treatment for the patientsAs per the new directive every diagnosed case must be notified within two weeks to the respective District Health Office Assistant Director Health Services Leprosy and local municipal health authoritiesLeprosy or Hansens disease is a chronic infectious disease caused by Mycobacterium leprae bacteria Symptoms include discoloured skin patches lack of ability to feel touch pressure pain muscle weakness deformities particularly in hands feet and face and the inability to close eyes and poor visionDespite being completely curable fear stigma and misconceptions have prevented people from seeking proper treatmentThe Health Department emphasised that early detection and complete treatment are crucial to preventing deformities and disabilities among patientsThe state has also set an ambitious target of achieving a LeprosyFree Maharashtra by 2027The target includes breaking the chain of infection reducing disease transmission to zero eliminating deformities in children and eradicating social discrimination against those affectedTo achieve this health authorities directed all doctors both in public and private sectors along with pathologists microbiologists healthcare workers and field officers to ensure proper treatment and followup They have also asked to administer PostExposure Prophylaxis PEP to close contacts of patientsAs of September 2025 Maharashtra recorded 7863 new leprosy cases with 13010 patients currently under treatmentNotably health officials in the state appealed to the public not to panic emphasising that leprosy is entirely curable if diagnosed and treated on timeCitizens have been encouraged to visit their nearest health centre immediately if any symptoms appearNot all leprosy cases are infectious Especially neuritic leprosy leprosy of peripheral nerves is noncommunicable Hence while making it notifiable only infectious leprosy should be notifiable Dr Ishwar Gilada a Mumbaibased Consultant in Infectious Diseases told IANS IANS https://dailyworld.in/science/leprosy-now-a-notifiable-disease-in-maharashtra-646076.html Sat, 01 Nov 2025 21:18:00 +0530 https://dailyworld.in/science/govt-launches-employee-enrollment-scheme-2025-to-boost-citizen-centric-service-delivery-646079.html New Delhi Nov 1 Union Minister of Labour and Employment Dr Mansukh Mandaviya on Saturday launched the Employee Enrollment Scheme 2025 to enhance citizencentric service delivery The launch took place at Bharat Mandapam in New Delhi on the Employees Provident Fund Organizations 73rd Foundation DayThe scheme effective November 1 seeks to enhance workforce formalisation and promote ease of doing business the Ministry of Labour and Employment saidIt allows employers to avoid remitting the employees share of contribution if not deducted earlier and only nominal penal damages of Rs 100 will apply the Ministry saidMandaviya emphasised that efficiency transparency and empathy must remain the driving forces of EPFOs transformationEvery reform must reach workers in clear and simple terms so that the impact of change is felt directly in their lives the Minister saidThe Union Minister also praised the EPFO for its contribution to social security and urged for reforms focused on efficiency transparency and empathy emphasising that the institution should establish global standards as India aims for Viksit Bharat 2047Ramesh Krishnamurthi Central Provident Fund Commissioner announced that the upcoming EPFO 30 platform will further improve efficiency and accessibility while new initiatives such as simplified withdrawal categories and the Viswas Scheme have eased compliance for employersThrough initiatives such as the Centralised Pension Payment System Aadhaar and Face Authentication and the revamped ECR system EPFO has made significant strides towards seamless technologydriven service delivery he saidVandana Gurnani Secretary Ministry of Labour and Employment emphasised EPFOs transition to a citizencentric organisation and its role in the Prime Ministers Viksit Bharat Rozgar Yojana which aims to create 35 crore new jobsEPFO exchanged MoUs with India Post Payments Bank IPPB for digital life certificate submission and with Government eMarketplace GeM for data sharing the Ministry noted IANS https://dailyworld.in/science/govt-launches-employee-enrollment-scheme-2025-to-boost-citizen-centric-service-delivery-646079.html Sat, 01 Nov 2025 21:21:00 +0530 https://dailyworld.in/science/india-sets-3-guinness-world-records-under-swasth-nari-sashakt-parivar-campaign-645923.html New Delhi Oct 31 India has created history by setting three Guinness world records under the Swasth Nari Sashakt Parivar Abhiyaan Ministry of Health and Family Welfare said on Friday The achievement highlights the countrys strong commitment to preventive healthcare and womens wellbeingThe records include the highest number of people registering for a healthcare platform in one month with more than 321 crore registrationsThe second record was for the most people signing up for breast cancer screening online in a single week with over 994 lakh participantsThe third record was for the most people signing up for vital signs screening online at the state level within a week crossing 125 lakh participantsLaunched by Prime Minister Narendra Modi the campaign ran from September 17 to October 2 coinciding with Poshan MaahIt focuses on improving the health and nutrition of women adolescent girls and children while promoting early disease detection and access to essential health servicesThe initiative also aims to empower families to adopt healthier lifestyles for a stronger and more resilient IndiaPrime Minister Modi emphasised the role of women in building a healthy nation saying Our mothers and sisters are the foundation of our nations progress If a mother is healthy the whole family stays healthyThe campaign achieved an extraordinary reach covering every district in the country It organised over 197 lakh health camps which saw a massive footfall of more than 11 crore people across different healthcare platformsMore than 20 ministries along with central government institutes medical colleges and private organisations took part in this nationwide effort Members of Parliament MLAs and officials from various departments also participated making it a true wholeofgovernment initiativeThe campaign also witnessed remarkable community participation Over 5 lakh Panchayati Raj representatives 114 crore students 94 lakh members of selfhelp groups and 5 lakh members from other community platforms actively contributed making it one of the largest public health movements in the worldThe health impact of the campaign has been significant with 178 crore hypertension screenings 173 crore diabetes tests 695 lakh oral cancer screenings and 626 lakh antenatal care checkups conductedAdditionally 143 crore vaccine doses were administered and 151 crore anaemia tests were carried out More than 859 lakh women were screened for tuberculosis 102 lakh for sickle cell disease and over 214 crore people attended counselling and wellness sessionsThe campaign also registered more than 268 lakh Nikshay Mitras supported by My Bharat volunteers to strengthen Indias fight against tuberculosis IANS https://dailyworld.in/science/india-sets-3-guinness-world-records-under-swasth-nari-sashakt-parivar-campaign-645923.html Fri, 31 Oct 2025 23:28:00 +0530 https://dailyworld.in/science/elon-musks-starlink-begins-hiring-in-india-ahead-of-satellite-broadband-launch-645747.html Mumbai Oct 31 In a significant step toward its highlyanticipated satellite broadband rollout in India SpaceXowned Starlink has started its first round of hiring in the country As part of its hiring campaign the Elon Muskrun company has posted openings for several positions on its LinkedIn and the SpaceX careers portal The positions that the company is inviting applications for are finance and accounting roles including tax manager accounting manager payments manager and senior treasury analyst at Bengaluru the operational centre of Starlink in IndiaAs Starlink expands its global footprint to deliver lowlatency satellite broadband services worldwide its Indian subsidiary is looking to hire an accounting manager to oversee financial reporting and compliance the company stated in its job postingIn order to support Starlinks operations in India the position entails developing and expanding accounting reporting and statutory compliance systems The company has made it clear that there are no remote or hybrid options available only locally based applicants with legitimate work authorisation will be taken into considerationStarlink is hiring in preparation for the commercial launch of its satellite internet services in India in late 2025 or early 2026 In accordance with government regulations the company is now establishing ground infrastructure and carrying out required security trialsTo comply with the Department of Telecommunications DoT requirements for lawful interception and security compliance before spectrum allocation Starlink gave a demonstration of its broadband service to officials in Mumbai earlierAccording to reports the company has also applied for permission to open three gateway stations in Mumbai Chennai and Noida After the launch it intends to open nine to ten more gateway locations including Chandigarh Kolkata and LucknowOnce up and running Starlink will face competition from Jio Satellite and Eutelsat OneWeb both of which have obtained regulatory clearances but are awaiting final spectrum allocationThe frameworks for satellite broadband spectrum pricing and allocation are still being finalised by the DoT and the Telecom Regulatory Authority of India TRAI IANS https://dailyworld.in/science/elon-musks-starlink-begins-hiring-in-india-ahead-of-satellite-broadband-launch-645747.html Fri, 31 Oct 2025 10:52:00 +0530 https://dailyworld.in/science/rapid-bp-fluctuations-may-signal-risk-of-brain-degeneration-in-elderly-645760.html New Delhi Oct 31 Older adults whose blood pressure fluctuates widely may indicate a greater risk of brain shrinkage and nerve cell injury according to a new study The study published in the Journal of Alzheimers Disease reveals that shortterm dynamic instability in blood pressure momenttomoment changes measured over just minutes is linked to loss of brain tissue in regions critical for memory and cognition as well as to blood biomarkers of nerve cell damageOur findings show that even when average blood pressure is normal instability from one heartbeat to the next may place stress on the brain said Daniel Nation from the University of Southern Californias Leonard Davis School of GerontologyThese momenttomoment swings appear to be associated with the same kinds of brain changes we see in early neurodegeneration added the Professor of Gerontology and MedicineWhile high average blood pressure has long been known to increase the risk of dementia this study focuses on blood pressure variability or how much blood pressure rises and falls over short time periodsRecent evidence suggests that such fluctuations can strain small blood vessels in the brain and reduce their ability to deliver steady blood flowIn this study the researchers combined two complementary measures Average Real Variability ARV and Arterial Stiffness Index ASIARV captures how much systolic blood pressure the top number in a blood pressure reading changes between each heartbeat while ASI reflects how flexible or stiff the arteries are as they respond to those changes in pressureTogether these measures indicate how much blood flow changes over a short period of time or what the researchers call blood pressure dynamic instabilityThis study suggests that excessive fluctuations could be a sign of vascular ageing that contributes to brain injury Nation explainedThe team conducted MRI scans of 105 communitydwelling older adults between the ages of 55 and 89 who were generally healthy and had no major neurological diseaseParticipants with both high ARV and high ASI were found to have smaller hippocampal and entorhinal cortex volumes brain regions vital for learning and memory also the first affected by Alzheimers diseaseBlood samples showed that the same individuals also had higher levels of neurofilament light NfL a bloodbased marker that rises when nerve cells are damagedThe findings open a new window into how cardiovascular changes contribute to cognitive decline and may offer novel prevention strategies IANS https://dailyworld.in/science/rapid-bp-fluctuations-may-signal-risk-of-brain-degeneration-in-elderly-645760.html Fri, 31 Oct 2025 11:08:00 +0530 https://dailyworld.in/science/india-ipo-boom-14-companies-hit-markets-in-october-to-raise-record-rs-46-000-crore-645765.html Mumbai Oct 31 Indias primary market witnessed an unprecedented boom in October marking the busiest month ever for mainboard initial public offerings IPOs with 14 companies hitting the market so far aiming to raise over Rs 46000 crore The month has set a new record for monthly fundraising in the domestic capital markets driven by two heavyweight listings Tata Capital and LG Electronics India which together accounted for more than half of the total fundraisingTata Capital raised Rs 15512 crore while LG Electronics India mobilised Rs 11607 crore through their respective initial share saleAdding to the momentum Lenskart Solutions was set to open its Rs 7278crore issue on October 31 rounding off a packed primary calendar that also featured offerings from WeWork India Canara HSBC Life Insurance Orkla India and Rubicon ResearchThe recordbreaking performance easily eclipsed the previous monthly high of October 2024 when six IPOs had raised Rs 38690 crore The latest figures also surpass earlier peaks seen in November 2021 Rs 35665 crore from nine IPOs November 2024 Rs 31145 crore from eight IPOs and May 2022 Rs 29510 crore from eight IPOsThis milestone underscores the remarkable resilience and liquidity depth of Indias primary market which has remained vibrant despite uneven secondary market sentiment amid global uncertainty according to analystsIn total 89 IPOs have raised over Rs 138 lakh crore so far in 2025 making it one of the strongest years on record and only slightly behind 2024 when total fundraising crossed Rs 16 lakh crore With still two more months to go the previous record is most likely to be passed as many IPOs are in line to hit the primary market in November and DecemberAccording to market watchers the rush of new listings reflects both robust investor confidence and companies eagerness to capitalise on strong demand before yearend IANS https://dailyworld.in/science/india-ipo-boom-14-companies-hit-markets-in-october-to-raise-record-rs-46-000-crore-645765.html Fri, 31 Oct 2025 11:37:00 +0530 https://dailyworld.in/science/predefined-data-parameter-triggered-4-hour-trading-disruption-mcx-645772.html Mumbai Oct 31 The primary root cause for the disruption which halted trading for four hours on Multi Commodity Exchange MCX this week happened due to predefined parameter limits relating to reference data like unique client code UCC configured within the systems the commodity trading platform said in a statement on Friday The UCC led to constraints beyond the threshold The platform said that they have addressed the constraints to prevent such issues in the futureThe primary root cause has been identified as a predefined parameter limit relating to reference data like Unique Client Code UCC configured within the systems This led to constraints beyond the threshold We have taken steps to address the constraints to prevent similar issues in the future Notably trading systems have not had issues MCX said in a statementAccording to the exchange trading systems have not had issues as the exchange systems are wellpositioned to support market volumes and growthWe remain committed to strengthening our operational robustness and will continue investing in cuttingedge technology to enhance performance reliability and scalability ensuring that we meet the evolving needs of our members participants and stakeholders the statement addedWe sincerely thank our members participants and all stakeholders for their continued support cooperation understanding and valuable assistance during the incident and we deeply appreciate your ongoing trust and partnership the statement addedTrading on MCX was disrupted for more than four hours on Tuesday due to a technical glitch marking the longestever trading halt in the platforms historyTrading activities were delayed from 930 am after a system issue was detected Later the exchange shifted operations to its Disaster Recovery DR site with trading resuming at 125 pmThis marks the second instance in 2025 when the countrys largest commodity exchange has faced a major technical outage raising concerns about the robustness of its trading infrastructure IANS https://dailyworld.in/science/predefined-data-parameter-triggered-4-hour-trading-disruption-mcx-645772.html Fri, 31 Oct 2025 12:12:00 +0530 https://dailyworld.in/science/scientists-detect-new-covid-like-virus-from-moustached-bats-in-brazil-645776.html New Delhi Oct 31 An international team of scientists from Japan the US Australia and Belgium has detected a new Covid19like virus from a species of moustached bats in Brazil stoking fears of a potential spillover and a new disease Bats are natural reservoirs for many viruses including betacoronaviruses which include the Severe Acute Respiratory Syndrome virus 2 SARSCoV2 and Middle East Respiratory Syndrome virus MERSCoVThe team from the universities of Osaka and Sydney detected the virus called BRZ batCoV from the Pteronotus parnellii a small insecteating bat known for tiny hair tufts on its faceEven though the bat species is common in South America experts fear the virus might have been gaining ground for monthsWe identified a fulllength genome of a novel bat CoV BRZ batCoV from a Pteronotus parnellii bat sampled in Brazil that is phylogenetically distinct from known betacoronaviruses said the researchers in a paper not yet peerreviewed and published on preprint site BioRxivThe team analysed the species evolutionary development and found that the virus is sufficiently distinct from the five recognised Betacoronavirus subgenera to represent a new subgenusOf note the spike protein of this novel bat coronavirus possesses a functional furin cleavage site at the S1S2 junction with a unique amino acid sequence motif RDAR that differs from that found in SARSCoV2 RRAR by only one amino acid the team saidThe furin cleavage site is important in determining host range infectivity and crossspecies transmission It has been identified in the surface proteins of other RNA viruses such as the highly pathogenic avian influenza viruses Orthomyxoviridae and the Ebola viruses as well as the SARSCoV2 virus which led to the recent global pandemicIn addition the team found that BRZ batCoV is not the same as Covid rather it is more closely related to MERS virusesMERS also known as camel flu spreads less easily than Covid but is much deadlier killing about onethird of patientsAlthough the new flu strain shows alarming exposure rates it may be spreading silently across countries Hongbo Bao a researcher from the Changchun Veterinary Research Institute in China was quoted as saying to the US Sun an American edition of the British tabloidHowever as per the scientists who found the new bat virus there is no evidence that BRZ batCoV infects humans or spreads beyond bat populationsThey note that the discovery provides important insights into the evolutionary potential and zoonotic risk of BRZ batCoVThe findings highlight the role of bats as potential reservoirs of genetic innovations relevant to zoonotic emergence they added IANS https://dailyworld.in/science/scientists-detect-new-covid-like-virus-from-moustached-bats-in-brazil-645776.html Fri, 31 Oct 2025 12:16:00 +0530 https://dailyworld.in/science/my-bharat-enhances-youth-engagement-in-civic-projects-with-2-crore-users-645782.html New Delhi Oct 31 Mera Yuva Bharat MY Bharat the countrys largest youth engagement platform has connected over 2 crore young Indians and 12 lakh organisations providing opportunities for volunteering experiential learning leadership and skill development the government informed on Friday The initiative runs a MY Bharat Portal and a mobile app with multiple MY Bharat 20 modules creating new pathways for volunteering leadership and skilling while enabling young Indians to contribute directly to national priorities an official statement saidLaunched on October 31 2023 MY Bharat administered by the Ministry of Youth Affairs and Sports provides a technologydriven platform for citizens aged 1529 and adolescents aged 1019 to engage in projects with government departments private organisations and civil society partnersThese projects address realworld challenges from health education and environment to innovation entrepreneurship and social inclusion the statement saidOver 145 lakh volunteering opportunities have been generated by the platform connecting over 16000 youth club members with 60000 institutional partners including government bodies educational institutions and NGOs the government data saidThe MY Bharat mobile app launched on October 1 features multilingual support AIdriven chatbots voiceassist navigation and Smart CV Builder toolsAt launch it had onboarded approximately 181 crore youth and 120 lakh organisations were already registered on the platformThe app also provides digital certificates and engagement badges reflecting each participants contributions to national and community projectsMY Bharat 20 modules integrate National Career Service linkages a mentorship hub and experiential learning programmes the release notedTo bridge the digital divide and ensure universal access the platform has partnered with the Common Service Centres network and leveraged over five lakh villagelevel entrepreneurs to assist youth in rural tribal and aspirational districts in registering and accessing MY Bharat services IANS https://dailyworld.in/science/my-bharat-enhances-youth-engagement-in-civic-projects-with-2-crore-users-645782.html Fri, 31 Oct 2025 12:36:00 +0530 https://dailyworld.in/science/china-eastern-airlines-to-increase-shanghai-delhi-flight-frequency-from-january-2026-645792.html New Delhi Oct 31 China Eastern Airlines on Friday announced that it will increase its direct flights between Shanghai Pudong and New Delhi from three to five per week starting January 2 2026 due to strong demand from the Indian market The flight from Delhi MU564 will depart at 1955 arriving in Shanghai at 410 the following day Flight MU563 from Shanghai Pudong will depart at 1250 pm and arrive in New Delhi at 1745 local time the carrier informed in a statementThe flights will be available on Monday Wednesday Friday Saturday and Sunday It will be operated by Airbus A330200 widebody aircraft featuring 17 lieflat MINPRO businessclass seats and 245 economyclass seats for commercial bookingInterGlobe Air Transport will manage all the airlines commercial and operational functions including sales marketing ticketing and supportThe airline plans to introduce additional routes to India including KunmingKolkata and Shanghai PudongMumbai the company said adding that increased flight frequency will enhance bilateral trade tourism education and cultural and technological exchangesWith China Easterns Shanghai Pudong serving as a major international hub travellers can connect to major cities across mainland China and onwards to destinations in North America Japan South Korea and EuropeChina Eastern Airlines had earlier announced the resumption of flights on its India route with flights between Shanghai and Delhi starting from November 9 after a fiveyear pauseAccording to travel data provider OAG the two countries operated around 2588 scheduled flights in 2019 before services were suspendedMeanwhile China this week extended a warm welcome to an IndiGo Airlines flight carrying 180 passengers from Kolkata West BengalIndiGo Airlines which landed in Guangzhou on Monday marked the first direct flight between the countries after 2020Earlier IndiGo also announced new daily direct flights between New Delhi and Chinas Guangzhou starting November 10 IANS https://dailyworld.in/science/china-eastern-airlines-to-increase-shanghai-delhi-flight-frequency-from-january-2026-645792.html Fri, 31 Oct 2025 13:23:00 +0530 https://dailyworld.in/science/indias-reits-market-likely-to-touch-rs-197-lakh-crore-by-2030-report-645806.html New Delhi Oct 31 Indias REIT real estate investment trust market is projected to reach Rs 197 lakh crore by 2030 from Rs 104 lakh crore in 2025 driven by high occupancy favourable taxation and broader sectoral inclusion according to a report released on Friday Private equity participation rising from 500 million in 2011 to multibilliondollar highs by 2019 has enhanced transparency deepened institutional confidence and paved the way for REIT expansion across Indias thriving commercial real estate landscapeAs urbanisation technology and progressive policy reforms continue to reshape the sector Indias commercial real estate stands poised to unlock the next wave of opportunity across asset classes according to the report by Knight Frank India in collaboration with the Confederation of Indian Industry CIIRetail consumption across the organised formats is estimated at a value of Rs 88 lakh crore for FY 2025 Led by shopping centres Rs 49 lakh crore high streets Rs 38 lakh crore and other newage formats such as airport and transit retail This expansion reflects a clear shift toward experiencedriven consumercentric destinations where shopping intersects with lifestyle and leisure according to the reportIndias office market stock surpasses 1 billion square feet ranking as the fourth largest globally it statesIndias REITs have a potential to diversify beyond traditional asset classes like office retail and warehousing to industrial parks data centres and hospitality Listed REITs have delivered stable average annual dividend yield of about 55 per cent making them attractive incomegenerating vehicles the report statesBy 2030 Indias REIT market including office retail and warehousing sectors is projected to reach Rs 197 lakh crore India currently has five listed REITs covering about 177 million sq ft of commercial and retail space spanning operational underconstruction and upcoming assets worth approximately Rs 23 lakh crore with over 290000 unitholdersIndias commercial real estate CRE transformation is being led by businesses that are more global technologydriven and experiencefocused than ever before Consolidation in office demand resilient retail growth and the rapid expansion of digital infrastructure have fundamentally reshaped occupier behaviour said Shishir Baijal Chairman and Managing Director Knight Frank IndiaToday companies want efficient green futureready spaces and capital markets are rewarding that shift As India heads toward a 7 trillion economy CRE will play an essential role in powering productivity attracting investment and building nextgeneration urban centres he mentionedREIT investment allows individuals to buy shares in companies that own operate or finance incomeproducing real estate similar to investing in mutual funds Investors can earn money through dividends from rental income and potential capital appreciation without the responsibilities of managing properties directly IANS https://dailyworld.in/science/indias-reits-market-likely-to-touch-rs-197-lakh-crore-by-2030-report-645806.html Fri, 31 Oct 2025 14:17:00 +0530 https://dailyworld.in/science/new-antivenom-effective-against-17-african-snake-species-645809.html New Delhi Oct 31 Danish researchers have in a groundbreaking innovation developed an antivenom which has shown effectiveness against 17 African snake species and could revolutionise the treatment of venomous snakebites Snakebites result in about 150000 deaths worldwide each year according to the World Health Organization WHO The survivors are left with serious disabilities including amputations and permanent tissue damageCurrently available antivenoms do not cover all medically relevant snake species and do not always neutralise all medically relevant toxins found in snake venomsThe new broadspectrum antivenom was developed by researchers from the Technical University of Denmark DTU in Denmark by combining eight carefully selected nanobodies into a cocktailIn laboratory studies the antivenom showed potential against a total of 17 different African snake species including cobras and rinkhals It also provided better protection against tissue damage and lowered the risk of immune reactionsImportantly it can be produced at a lower cost than existing antivenoms said the team in the paper published in the journal NatureWe have developed an antivenom that does not require us to constantly extract antibodies from animals Instead we used phage display technology to develop our antivenom said Andreas Hougaard LaustsenKiel who led the research at DTUThis method makes it possible to select and copy effective antibody fragments nanobodies and later produce them on a large scale and with consistent quality This means that we would be able to produce the antivenom in large quantities without compromising on quality he addedAlthough the antivenom showed promise it has yet to be tested on humansThe team also noted that the effectiveness of the antivenom is limited when its given after venom exposureFurther venom from certain species such as the black mamba and forest cobra was only partially neutralised This shows that both the composition of the venom and the timing of treatment are very important and that the antivenom does not yet provide full protection in all casesUrging the need for more studies and clinical trials LaustsenKiel stated that the antivenom has the potential to fundamentally change how snakebites are treated around the world IANS https://dailyworld.in/science/new-antivenom-effective-against-17-african-snake-species-645809.html Fri, 31 Oct 2025 14:19:00 +0530 https://dailyworld.in/science/gst-reforms-festive-season-drive-upi-payments-stimulate-private-consumption-645815.html New Delhi Oct 31 The spending through unified payments interface UPI during the festival period Dussehra to Diwali increased to Rs 178 lakh crore up from Rs 151 lakh crore from the previous year a report said on Friday In September UPI witnessed a seasonally unadjusted monthonmonth MoM increase of 26 per cent in value terms the report from Bank of Baroda saidThe UPI saw 31 per cent transaction count growth yearonyear at 1963 billion in the month of September with 21 per cent growth in transaction amount at Rs 2490 lakh crore the National Payments Corporation of India NPCI data showed Monthwise too UPI witnessed a growth in transaction amount from Rs 2485 lakh crore in AugustPayments data for the DussehratoDiwali period showed that the total value of UPI debit and credit card payments reached approximately Rs 188 lakh crore from 164 lakh crore in the previous yearThe GST 20 stimulus aligned with the festival period is expected to boost household spending and has coincided with a significant increase in digital retail payments indicating a revival in consumption the report saidThe government estimates that the GST cut could increase consumer spending by approximately Rs 20 lakh crore the bank mentionedThe payment in value terms through debit card during this festival month went to Rs 65395 crore up from Rs 27566 crore the previous year In contrast credit card values reflected more cautious usage during the same period the bank saidDuring the festive period average spending per transaction for UPI was Rs 1052 whereas for debit card it was Rs 8084 and for credit card at Rs 1932 Bank of Baroda saidSmall to midvalued segment of consumption demand is likely to get a fillip looking at the spending statistics the bank projectedMerchantlevel UPI data for September indicated over 50 per cent growth in average spend per transaction for mens and womens clothing package shops beer wine and liquor online marketplaces electronics beauty and barber shopsWe expect private consumption demand to report a buoyant print in Q2 The trend will also persist in Q3 the bank forecasted IANS https://dailyworld.in/science/gst-reforms-festive-season-drive-upi-payments-stimulate-private-consumption-645815.html Fri, 31 Oct 2025 14:51:00 +0530 https://dailyworld.in/science/apple-plans-to-notify-1-million-people-about-hypertension-645832.html New Delhi Oct 31 Tech giant Apple is planning to notify one million people about hypertension a high blood pressure condition impacting about 13 billion adults globally using the alert feature on Apple Watch said CEO Tim Cook The groundbreaking hypertension notifications feature available on Apple Watch Series 9 Series 11 and Apple Watch Ultra 2 and Ultra 3 alerts users if signs of chronic high blood pressure are detectedWith our latest Apple Watch lineup we were proud to introduce hypertension notifications developed using largescale machine learning models Hypertension is one of the leading risk factors for heart attack and stroke affecting more than one billion adults worldwide and we expect to notify more than 1 million users of this lifethreatening condition said Cook during the companys Q4 2025 earnings call on Thursday US timeAI and advanced machine learning are at the core of powerful health features like heart rate monitoring fall detection crash detection and more he addedHypertension known to be a silent condition often remains undiagnosed because it shows no symptomsThe hypertension notifications on Apple Watch use data from the optical heart sensor to analyse how a users blood vessels respond to the beats of the heart The algorithm works passively in the background reviewing data over 30day periods and will notify users if it detects consistent signs of hypertensionCook shared that the Apple Watch will also help in improving sleep scoreWere also excited about sleep score a simple intuitive way to help users better understand their sleep quality and discover ways to improve it Thats something Im sure we can all benefit from the Apple CEO saidCook informed that the company made a revenue of 9 billion in the wearables home and accessories segmentWe were excited to unlock new possibilities for users with the launch of our newest Apple Watch lineup making the worlds most popular watch even better That includes Apple Watch Ultra 3 with the largest display ever in an Apple Watch improved battery life and emergency SOS via satellite Apple Watch Series 11 brings our users the most comprehensive set of health features yet And Apple Watch SE 3 delivers advanced capabilities at an incredible value he said IANS https://dailyworld.in/science/apple-plans-to-notify-1-million-people-about-hypertension-645832.html Fri, 31 Oct 2025 16:00:00 +0530 https://dailyworld.in/science/govt-launches-marine-fisheries-census-2025-in-fully-digital-mode-645839.html New Delhi Oct 31 Union Minister of State for Fisheries Animal Husbandry and Dairying George Kurian on Friday launched the National Marine Fisheries Census MFC 2025 in Kochi moving the marine fishing sector from paperbased to fully digital household enumeration The minister also launched the VyASBHARAT and VyASSUTRA mobile applications at the event which will be used for conducting the censusThe census will digitally enumerate approximately 12 million fisher households in around 5000 marine villages across 13 coastal states and union territories including the Andaman amp Nicobar Islands and Lakshadweep said the Ministry of Fisheries Animal Husbandry amp DairyingThe census will be a householdlevel enumeration of fishers fishing crafts gears and infrastructure across over 1200 landing centres 50 fishing harbours jetties markets and processing plants with the help of specially designed mobilebased applicationsThe entire enumeration will be fully digital and paperless the ministry said adding that it will be conducted using multilingual Android apps developed by the ICARCentral Marine Fisheries Research InstituteCore household data collection will take place over 45 days from November 3 to December 18This digital approach enables realtime georeferenced data collection eliminating manual errors and significantly accelerating data processing the Ministry saidVyASSUTRA will enable realtime supervision and monitoring of households and enumerators through multitier web dashboards ensuring accountability across all levels of census managementThe scope of the MFC2025 has been significantly expanded to capture a deep granular understanding of the socioeconomic status of the coastal population ensuring future government interventions are more precise and impactful the Ministry saidAt the event Kurian also urged the fishermen and fish farmers to register on the NFDP portal to avail benefits from the governmentMFC2025 aims to broaden data collection to include total family income homeownership liabilities credit sources insurance status pandemic impacts and benefits from programmes like PMMKSSY IANS https://dailyworld.in/science/govt-launches-marine-fisheries-census-2025-in-fully-digital-mode-645839.html Fri, 31 Oct 2025 16:35:00 +0530 https://dailyworld.in/science/sam-altman-says-hes-still-waiting-for-his-tesla-after-75-years-seeks-refund-645842.html New Delhi Oct 31 OpenAI founder and CEO Sam Altman on Friday claimed that he has been waiting more than seven years for a Tesla car he booked and still hasnt received it Altman said he paid 45000 as a reservation fee for the electric vehicle but has now decided to ask for a refund from the Elon Muskled companyIn a post on social media platform X Altman shared three screenshots showing his email exchanges with TeslaThe first screenshot confirmed his booking while the second showed his email asking Tesla to cancel the order and issue a refundHowever the third screenshot revealed that his refund request email bounced back displaying an address not found error messageSharing the screenshots Altman captioned the post A tale in three acts He added in a followup comment I really was excited for the car And I understand delays But 75 years has felt like a long time to waitThe post quickly went viral attracting thousands of reactions and comments Among them was a playful response from Altmans brother Jack AltmanIn a lighthearted tease Jack shared Sams photo with a quote reading Whether we burn 500 million 5 billion or 50 billion a year I dont care and joked You cant be worrying about 50k like thisSam replied to his brothers comment with humour writing little brother energy is the WORSTHowever Tesla has not yet commented on Altmans post Meanwhile the Elon Muskrun firm started delivering standard Model Y to its customers in India last monthThe electric vehicle maker announced that the delivery of the Long Range variant is going to commence soon in the countryIt also announced that the new Model Y owners will be provided with a complimentary Wall Connector allowing convenient installation in their parking space for easy home charging IANS https://dailyworld.in/science/sam-altman-says-hes-still-waiting-for-his-tesla-after-75-years-seeks-refund-645842.html Fri, 31 Oct 2025 16:39:00 +0530 https://dailyworld.in/science/indian-register-of-shipping-and-neptunus-to-pioneer-1st-indigenous-marine-engine-condition-monitoring-tech-645851.html Mumbai Oct 31 In a landmark step for Indias maritime ecosystem and a stride toward Atmanirbhar Bharat and Viksit Bharat Neptunus Power Plant Services and Indian Register of Shipping IRS signed a Memorandum of Understanding MoU on Friday at Maritime India Week 2025 to mainstream datadriven maintenance and digital diagnostics across Indias shipping industry Through this MoU IRS and Neptunus have joined forces to advance the worlds firstever datadriven conditionbased maintenance for Indias maritime sectorAs part of the agreement IRS has awarded Type Approval Certification to Neptunus for its VIB 360 engine condition monitoring system and torque sense SHAPOLI marking the worlds first instance of indigenously developed IRScertified conditionmonitoring technologies for marine diesel engines and propulsion systemsThe certification demonstrates Indias capability to deliver globally compliant exportready maritime solutions built entirely at home according to an official statementTraditionally ship maintenance followed fixed OEM intervals conservative and costlyWith VIB 360 fleets shift to conditionbased maintenance CBM thereby eliminating unplanned downtime enhancing reliability reducing maintenance costs by up to 30 per cent based on previous experience optimising fuel efficiency and thus reducing emissionsThis shift from timebased to datadriven maintenance represents a foundational step in Indias Digital Maritime Vision enhancing operational reliability reducing downtime and cutting carbon emissions through precision diagnostics the statement saidWe thank the IRS for its vision and trust in Indian innovation This Type Approval is more than a certification it validates Indias capability to design and deliver dataled maritime technologies that meet global standards said Uday Purohit MD and CEO Neptunus Power Plant Services Pvt LtdTogether we are paving the way for Indianbuilt systems to enhance safety efficiency and operational reliability across the worlds shipping fleets he addedUnder the MoU IRS and Neptunus will jointly develop frameworks and standards for CBM to help the maritime industry transition from traditional timebased maintenance to realtime dataled maintenance practicesThe collaboration aims to enhance operational reliability reduce maintenance costs and contribute to Indias green shipping and digital maritime visionAkshay Purohit Director and COO said This MoU is a step toward making conditionbased maintenance a mainstream reality in Indias maritime sector By combining local innovation with datadriven insights we are creating a framework that can reduce downtime improve fuel efficiency and extend asset life IANS https://dailyworld.in/science/indian-register-of-shipping-and-neptunus-to-pioneer-1st-indigenous-marine-engine-condition-monitoring-tech-645851.html Fri, 31 Oct 2025 16:45:00 +0530 https://dailyworld.in/science/narayana-healths-uk-expansion-shows-bharats-growing-capabilities-piyush-goyal-645870.html New Delhi Oct 31 Narayana Healths acquisition of a UK hospital is a proud moment for India and also reflects Bharats growing capabilities said Union Commerce Minister Piyush Goyal on Friday The Bengalurubased Narayana Health has acquired UKbased Practice Plus Group Hospitals which operates 12 hospitals and surgical centres specialising in highquality orthopaedics ophthalmology and general surgeryProud moment for India as our healthcare delivery system continues to strengthen its global presence With Narayana Health Bengalurubased healthcare providers acquiring the UKbased Practice Plus Group Hospitals the expansion underscores Bharats growing capabilities and excellence in providing worldclass medical care said Goyal in a post on social media platform XLauding the Groups Chairman Dr Devi Prasad Shetty for the milestone Goyal said the achievement will further propel our healthcare ecosystem to scale new frontiers globallyPM Narendra Modi jis vision and progressive policies are giving a new fillip to Indias healthcare ecosystem he addedKiran MazumdarShaw Executive Chairperson of Biocon also lauded the acquisitionTaking the affordable care model to the UK a potential game changer she added on XLast month Biocon also announced the first US FDAapproved formulations facility in New Jersey US The company had acquired the plant from Eywa Pharma in 2023Meanwhile the total consideration for the acquisition by Narayana Health reportedly is GBP 18878 million for the 100 per cent stake which comprises 60001 equity shares of face value of GBP 002 each of Practice Plus Group Hospitals The per share price for the acquisition will be GBP 314629 as per reportsThe acquisition will offer a new choice of more accessible private healthcareand help many more patients get the help they need said Dr Devi Prasad Shetty Founder and Chairman of Narayana Health IANS https://dailyworld.in/science/narayana-healths-uk-expansion-shows-bharats-growing-capabilities-piyush-goyal-645870.html Fri, 31 Oct 2025 18:08:00 +0530 https://dailyworld.in/science/india-committed-to-share-best-practices-under-norway-india-partnership-initiative-health-secy-645876.html New Delhi Oct 31 India is committed to sharing best practices under Norway India Partnership Initiative said Union Health Secretary Punya Salila Srivastava on Friday Srivastava said this while chairing the annual meeting of the Norway India Partnership Initiative NIPI The meeting aimed to review and approve the NIPI Progress Report 2025 and the budgeted work plans for 202526 under Phase IV of the initiativeNIPI displays how the convergence of efforts can yield results Government of India is also involved in convergence with states and UTs through a wholeofgovernment approach for achieving desired outcomes Srivastava saidNoting that India displays a good testing ground for bringing innovation the Union Health Secretary underlined Indias commitment to share the best practices under the initiative for replication in other settingsSrivastava also highlighted the significance of the IPHS ODK Indian Public Health StandardsOpen Data Kit Tool developed under the initiative which facilitates assessments and helps states quickly identify gaps and receive targeted support to achieve the required standardsMayElin Stener Ambassador of Norway to India highlighted that next year will mark 20 years of this partnership She stated that there have been innovative and catalytic interventions through this partnership which have helped in bringing significant resultsStener noted that the Indian government has invested 26 times the amount Norway spent under this initiative which highlights the importance being given to this collaborationIndia has a very definitive goal of being a developed country and this is visible in the work being done at the ground level Commitment to health services is very important for the development of Indian health servicesThere have been significant developments in the health sector in India since this partnership started in 2006 she addedThe NIPI is based on an agreement between the governments of Norway and India to collaborate towards achieving Indias National Health Policy and Sustainable Development Goals SDGsNIPIs vision is to provide strategic catalytic and innovative support to Indias National Health Mission NHM in Bihar Odisha Madhya Pradesh Rajasthan and Jammu and Kashmir IANS https://dailyworld.in/science/india-committed-to-share-best-practices-under-norway-india-partnership-initiative-health-secy-645876.html Fri, 31 Oct 2025 18:14:00 +0530 https://dailyworld.in/science/govt-committed-to-share-best-practices-under-norway-india-partnership-initiative-health-secy-645877.html New Delhi Oct 31 The Union government is committed to sharing best practices under Norway India Partnership Initiative said Union Health Secretary Punya Salila Srivastava on Friday Srivastava said this while chairing the annual meeting of the Norway India Partnership Initiative NIPI The meeting aimed to review and approve the NIPI Progress Report 2025 and the budgeted work plans for 202526 under Phase IV of the initiativeNIPI displays how the convergence of efforts can yield results Government of India is also involved in convergence with states and UTs through a wholeofgovernment approach for achieving desired outcomes Srivastava saidNoting that India displays a good testing ground for bringing innovation the Union Health Secretary underlined Indias commitment to share the best practices under the initiative for replication in other settingsSrivastava also highlighted the significance of the IPHS ODK Indian Public Health StandardsOpen Data Kit Tool developed under the initiative which facilitates assessments and helps states quickly identify gaps and receive targeted support to achieve the required standardsMayElin Stener Ambassador of Norway to India highlighted that next year will mark 20 years of this partnership She stated that there have been innovative and catalytic interventions through this partnership which have helped in bringing significant resultsStener noted that the Indian government has invested 26 times the amount Norway spent under this initiative which highlights the importance being given to this collaborationIndia has a very definitive goal of being a developed country and this is visible in the work being done at the ground level Commitment to health services is very important for the development of Indian health servicesThere have been significant developments in the health sector in India since this partnership started in 2006 she addedThe NIPI is based on an agreement between the governments of Norway and India to collaborate towards achieving Indias National Health Policy and Sustainable Development Goals SDGsNIPIs vision is to provide strategic catalytic and innovative support to Indias National Health Mission NHM in Bihar Odisha Madhya Pradesh Rajasthan and Jammu and Kashmir IANS https://dailyworld.in/science/govt-committed-to-share-best-practices-under-norway-india-partnership-initiative-health-secy-645877.html Fri, 31 Oct 2025 18:15:00 +0530 https://dailyworld.in/science/uidai-unveils-aadhaar-vision-2032-framework-to-strengthen-digital-identity-through-ai-advanced-encryption-645878.html New Delhi Oct 31 Unique Identification Authority of India UIDAI on Friday said that it has embarked on a comprehensive strategic and technological review to shape the next decade of Aadhaars evolution through a new Aadhaar Vision 2032 framework recognising the rapidly changing technological and regulatory landscape According to the Ministry of Electronics and IT this forwardlooking roadmap will strengthen Aadhaars technological foundation integrate emerging digital innovations and ensure that Indias digital identity platform remains robust inclusive and futurereadyUIDAIs technology stack which forms the backbone of Aadhaar services and works as a facilitator of our digital economy is set for a major upgrade the ministry saidTo guide this ambitious transformation UIDAI has constituted a highlevel Expert Committee under the chairmanship of Neelkanth Mishra Chairperson UIDAIThe committee brings together eminent experts and leaders from academia industry and administration to provide strategic direction on strengthening Aadhaars innovation roadmapThe committee will develop the Aadhaar Vision 2032 document outlining the framework for nextgeneration Aadhaar architecture aligned with Indias Digital Personal Data Protection DPDP Act and emerging global standards of privacy and cybersecurityThe Aadhaar Vision 2032 framework will focus on leveraging cuttingedge technologies such as Artificial Intelligence AI Blockchain Quantum Computing Advanced Encryption and nextgeneration Data Security mechanisms the ministry saidThese will ensure Aadhaar remains resilient against evolving cybersecurity threats scalable for future demand and adaptive to the rapidly changing digital landscapeThe other members of the committee are Bhuvnesh Kumar CEO UIDAI Vivek Raghavan CoFounder of Sarvam AI Dheeraj Pandey Founder of Nutanix Sasikumar Ganesan Head of Engineering MOSIP Rahul Matthan Partner Trilegal Navin Budhiraja CTO amp Head of Products and Vianai SystemsPrabaharan Poornachandran Professor at Amrita University Anil Jain Professor at Michigan State University Mayank Vatsa Professor at IIT Jodhpur and Shri Abhishek Kumar Singh Deputy Director General UIDAI are also part of the committee IANS https://dailyworld.in/science/uidai-unveils-aadhaar-vision-2032-framework-to-strengthen-digital-identity-through-ai-advanced-encryption-645878.html Fri, 31 Oct 2025 18:16:00 +0530 https://dailyworld.in/science/mpox-spreading-to-more-countries-17-deaths-in-africa-in-last-6-weeks-says-who-645885.html New Delhi Oct 31 Mpox has been spreading to more countries and the deadly virus has claimed 17 lives in Africa in the last six weeks said the World Health Organization WHO on Friday The WHOs 59th situation report for the multicountry outbreak of mpox revealed that 17 countries in Africa have experienced ongoing active transmission of mpox in the last six weeks from September 14 to October 19During this period 2862 confirmed cases including 17 deaths were reportedCountries reporting the highest number of cases in this period are the Democratic Republic of Congo Liberia Kenya and GhanaSince the last edition of this report Malaysia Namibia the Netherlands Portugal and Spain have reported detection of clade Ib monkeypox virus MPXV for the first time the WHO saidNew imported cases of mpox due to clade Ib MPXV detected among travellers have been reported in Belgium Canada Germany Italy Qatar and Spain the global health body addedFurther six countries Italy Malaysia the Netherlands Portugal Spain and the US reported clade Ib MPXV cases among individuals without travel links indicating local circulation of the virusIn addition to countries in Africa these countries are now also classified as experiencing community transmission of clade Ib MPXV the WHO saidAt least five cases of mpox due to clade Ib MPXV have also been detected among individuals who selfidentify as men who have sex with menThese cases provide the first evidence of previously undetected circulation of this virus strain within this atrisk population in which only clade IIb MPXV had been reported since 2022 and across different regions the WHO saidIn September 2025 42 countries across all WHO regions reported a total of 3135 confirmed cases including 12 deathsMpox also known as monkeypox is a viral infectious disease that spreads through close contact Symptoms include fever swollen lymph nodes sore throat muscle aches skin rash and back pain It spreads primarily through skintoskin contact IANS https://dailyworld.in/science/mpox-spreading-to-more-countries-17-deaths-in-africa-in-last-6-weeks-says-who-645885.html Fri, 31 Oct 2025 19:08:00 +0530 https://dailyworld.in/science/india-aims-300-million-tonnes-of-crude-steel-production-capacity-by-2030-645887.html New Delhi Oct 31 India aims to achieve 300 million tonnes of crude steel production capacity by 2030 Union Minister of State for Steel Bhupathiraju Srinivas Varma said on Friday In a meeting with Sara Modig State Secretary to Minister for Energy Business and Industry Sweden here in presence of Swedish Ambassador to India Jan Thesleff and other officials the minister highlighted Indias growing steel sector driven by visionary leadership of Prime Minister Narendra ModiNotably Indias domestic steel demand is growing at an impressive 1113 per cent fuelled by largescale infrastructure projects while global demand faces a slowdown according to Steel MinistryThe discussions were held to explore collaboration opportunities in the field of research and development in Green Steel production and other advanced technologies to reduce carbon emissionsVarma reaffirmed the invitation extended to Sweden to participate in Bharat Steel 2026 an International ConferencecumExhibition dedicated to the steel industry scheduled to be held on April 1617 2026 at Bharat Mandapam New DelhiMeanwhile the growth rate of Indias eight core industries was recorded at 3 per cent in September this year compared to the same month of the previous year with the steel and cement sectors recording strong growth during the month data released by the Commerce and Industry Ministry showedSteel production surged by a robust 141 per cent in September compared to the same month of the previous year on the back of increased demand from bigticket infrastructure projects being carried out by the government The cumulative growth of steel during April to Sept of 202526 increased by 11 per cent over the corresponding period of the previous yearThe government imposed a 12 per cent temporary safeguard duty on certain steel imports in April 2025 to protect the domestic market These measures follow previous actions and are part of ongoing efforts to safeguard the industry while promoting selfreliance under initiatives like Make in India IANS https://dailyworld.in/science/india-aims-300-million-tonnes-of-crude-steel-production-capacity-by-2030-645887.html Fri, 31 Oct 2025 19:09:00 +0530 https://dailyworld.in/science/saved-rs-2-062-crore-in-cost-of-toll-collection-in-fy2024-25-nhai-645649.html New Delhi Oct 30 The cost of toll collection came down from Rs 4736 crore in FY 202324 to Rs 2674 crore in FY 202425 resulting in savings of Rs 2062 crore for NHAI the Ministry of Road Transport and Highways said on Thursday In percentage terms the cost of toll collection decreased from 1727 per cent in FY 202324 to 927 per cent in FY 202425 The cost of toll collection is the difference between the Toll Fee collected by the tolling agencies and the amount remitted to NHAI at publicfunded toll plazasIn FY 202324 total toll collected by the toll agencies amounted to Rs 27417 crore out of which about Rs 22681 crore were remitted to NHAI However in FY 202425 the toll agencies collected a total of about Rs 28823 crore as toll fee out of which around Rs 26149 crore were remitted to NHAIThe savings in cost of toll collection had resulted primarily due to various initiatives taken by NHAI like close monitoring of current contracts deletion of provision for deemed extension of three months timely bidding ensuring the maximum contracts for oneyear duration are awarded and shortterm contracts of three months are minimised Moreover measures were taken to drastically reduce short term threemonth contracts limiting only three premature termination requests during a financial year and restricting the same contractor in the bidding of toll plaza for which he has submitted the premature termination requestAlso NHAI has been regularly engaging with the All India User Fee Collection Federation to address issues and challenges faced by the toll collection agencies to build confidence and increase participation in toll bids According to a ministry statement timely release of performance security cash part and bank guarantees of the toll collection agencies further enhanced their bidding capabilities resulting into higher bids amounts Apart from this to avoid any windfall gains to the toll collection agencies a Windfall Gain clause was also introduced in the agreements under which the contract of the toll collection agency can be terminated if the moving average of toll collection in last 15 days is more than 40 per cent of the remittance paid to NHAI IANS https://dailyworld.in/science/saved-rs-2-062-crore-in-cost-of-toll-collection-in-fy2024-25-nhai-645649.html Thu, 30 Oct 2025 19:19:00 +0530 https://dailyworld.in/science/reliance-partners-google-to-accelerate-indias-ai-revolution-645652.html New Delhi Oct 30 Reliance Industries Limited RIL on Thursday announced an expansive strategic partnership between Google and its artificial intelligence AI focused subsidiary Reliance Intelligence Limited to accelerate AI adoption across India Under the collaboration Google in partnership with Reliance Intelligence will begin rolling out Googles AI Pro plan with the latest version of Google Gemini to eligible Jio users free of charge for 18 monthsThis offer includes higher access to Googles most capable Gemini 25 Pro model in the Gemini app higher limits to generate stunning images and videos with their stateoftheart Nano Banana and Veo 31 models expanded access to Notebook LM for study and research 2 TB of cloud storage and moreThis 18month offer is worth Rs 35100 Eligible Jio users will also be able to easily activate this offer via the MyJio appReflecting Jios commitment to empowering Indias youth the rollout will commence with early access for 18 to 25yearold users on unlimited 5G plans and will swiftly expand to include every Jio customer nationwide in the shortest time possible RIL saidThis partnership will also explore bringing more delightful local experiences powered by AI to Jio users catering to Indias rich cultural and linguistic diversityAdditionally the collaboration brings together Reliances scale connectivity and ecosystem reach with Googles worldclass AI technologyempowering consumers enterprises and developersReliance Intelligence aims to make intelligence services accessible to 145 billion Indians Through our collaboration with strategic and longterm partners like Google we aim to make India not just AIenabled but AIempowered where every citizen and enterprise can harness intelligent tools to create innovate and grow Mukesh Ambani Chairman Reliance Industries LimitedReliance has also announced partnering with Google Cloud to broaden access to its advanced AI hardware accelerators Tensor Processing Units TPUsThis will enable more organisations to train and deploy larger more complex AI models as well as deliver faster inferencing to help execute highly demanding projects and accelerate AI adoption across the broader India AI ecosystemThis expanded collaboration also establishes Reliance Intelligence as a strategic gotomarket partner for Google Cloud driving the adoption of Gemini Enterprise across Indian organisationsReliance is a longstanding partner in Googles goal of advancing Indias digital future together weve brought affordable internet access and smartphones to millions said Sundar Pichai CEO of Google and AlphabetNow we are bringing this collaboration into the AI era Todays announcement will put Googles cuttingedge AI tools in the hands of consumers businesses and Indias vibrant developer community he added IANS https://dailyworld.in/science/reliance-partners-google-to-accelerate-indias-ai-revolution-645652.html Thu, 30 Oct 2025 20:06:00 +0530 https://dailyworld.in/science/indias-auto-sector-sees-strong-recovery-in-sep-cv-sales-up-119-pc-yoy-645658.html New Delhi Oct 30 Indias automobile sector experienced a robust recovery in September with sales increasing by 5 to 10 per cent across various segments a report said on Thursday The pickup in sales was driven by Goods and Services Tax GST reforms and the onset of the festive season signalling a positive turn for the industry in FY2026 the report from ratings agency ICRA saidThe commercial vehicle CV segment witnessed a robust 119 per cent yearonyear growth in wholesale volumesWhile infrastructure projects and revived logistics supported a 32 per cent growth in H1 FY26 retail sales in specific segments like Medium and Heavy Commercial Vehicles MampHCVs contracted temporarily as fleet owners had deferred purchases in anticipation of the tax reformRetail sales of twowheelers grew 65 per cent YoY during the month after muted sales in the first few weeks due to purchase deferralsWholesale volumes also grew 6 per cent as manufacturers increased dispatches the report notedThe passenger vehicle PV segment gained notable traction postGST cut with retail sales growing 58 per cent YoY and wholesale volumes up 45 per cent ICRA saidWholesale volumes saw a 157 per cent sequential increase as OEMs stocked dealerships for the festive period Although inventory levels were elevated utility vehicles continued to dominate sales it saidICRA maintained a stable to positive outlook for the Indian auto sector in FY2026 For the fiscal year the ratings agency forecasted a modest 35 per cent wholesale growth for the CV industry 69 per cent growth for twowheelers and 1 to 4 per cent growth for passenger vehiclesImproved affordability new model launches an increase in rural demand and sustained festive demand will act as growth drivers the report said IANS https://dailyworld.in/science/indias-auto-sector-sees-strong-recovery-in-sep-cv-sales-up-119-pc-yoy-645658.html Thu, 30 Oct 2025 20:16:00 +0530 https://dailyworld.in/science/nasscom-partners-with-uidai-to-help-indias-deeptech-innovators-645670.html New Delhi Oct 30 The National Association of Software and Service Companies NASSCOM on Thursday said that it has signed a Memorandum of Understanding MoU with the Unique Identification Authority of India UIDAI to expand opportunities for Indias DeepTech innovators and strengthen the countrys digital identity ecosystem As part of the collaboration the trade association will support UIDAIs Scheme for Innovation and technology association with Aadhaar SITAA a structured UIDAI initiative to catalyse open innovation indigenisation and scalable IDtech solutions that strengthen the Aadhaar ecosystem and Indias Digital Public InfrastructureIndia is home to more than 4000 DeepTech startups including over 500 inventive ventures tackling challenges in healthtech agriculture space and other strategic sectorsNasscom has been closely working with the ecosystem and government in evangelising the promise of DeepTech startups spotlighting their ideas and enabling them to scale globallyThe collaboration with UIDAI reinforces this mission by shaping a national narrative around IDTech a domain poised to transform service delivery enhance trust in digital interactions and unlock inclusive growth for millions of citizensFor startups the partnership opens doors to UIDAIs incubation sandbox providing a platform to pilot solutions in policylinked environments gain visibility with influential stakeholders and engage with realworld challenges central to Indias digital futureThe future of digital identity will be shaped by groundbreaking ideas and solutions that redefine what trust means in the digital age With the convergence of AI biometrics and secure platforms there is immense potential to make citizen services more accessible reliable and citizencentric said Sangeeta Gupta Sr Vice President and Chief Strategy Officer at NasscomThis collaboration with UIDAI allows startups to not only innovate but also to impact how technology can empower governance with transparency and trust at its foundation she addedThrough curated showcases academia outreach and structured exchanges with UIDAI the initiative will help founders validate their ideas build credibility and accelerate their journey to scaleThe initiative aims to strengthen Indias digital identity ecosystem by fostering innovation promoting indigenisation and enabling collaborative development in the identity technology domainIt will further open new pathways for startups in the IDTech space to imagine experiment and build solutions that can power the backbone of Indias digital identity infrastructure IANS https://dailyworld.in/science/nasscom-partners-with-uidai-to-help-indias-deeptech-innovators-645670.html Thu, 30 Oct 2025 21:20:00 +0530 https://dailyworld.in/science/india-and-sri-lanka-hold-1st-joint-working-group-meeting-on-agriculture-645679.html New Delhi Oct 30 India and Sri Lanka discussed collaboration in key areas including farm mechanisation organic and natural farming seed sector development agrientrepreneurship agricultural education soil health management market access and climateresilient agriculture at the first Joint Working Group JWG meeting on Agriculture between the Asian countries was held on Thursday The meeting was cochaired by Devesh Chaturvedi Secretary Department of Agriculture and Farmers Welfare and D P Wickramasinghe Secretary Ministry of Agriculture Livestock Land and Irrigation Government of Sri LankaBoth sides discussed Opportunities for joint research and capacity building were also exploredThe meeting also covered initiatives such as digital agriculture crop insurance and agristartupsThe Sri Lankan delegation visited the Indian Agricultural Research Institute IARI Pusa New Delhi to gain insights into Indias agricultural research and innovation ecosystemThe discussions reaffirmed the shared commitment of India and Sri Lanka to deepen cooperation for strengthening food and nutritional security in both countriesThe Sri Lankan delegation comprised G G V Shyamali Additional Director General of Agriculture Development Department of Agriculture B S S Perera Director Livestock Development Ministry of Agriculture Livestock Land and Irrigation and Geshan Counsellor High Commission of Sri LankaThe meeting was also attended by Joint Secretaries from the Department of Agriculture amp Farmers Welfare DAampFW Chairman PPVFRA Department of Agricultural Research and Education DARE the Indian Council of Agricultural Research ICAR and the Ministry of External Affairs MEA IANS https://dailyworld.in/science/india-and-sri-lanka-hold-1st-joint-working-group-meeting-on-agriculture-645679.html Thu, 30 Oct 2025 23:29:00 +0530 https://dailyworld.in/science/indian-stock-markets-open-lower-as-us-fed-announces-rate-cut-645504.html Mumbai Oct 30 The Indian stock market opened on a weak note on Thursday as Fed decision to cut rates by 25bp didnt impact the market and tracking mixed cues from Asian markets Both benchmark indices the Sensex and Nifty started lower in early trade The Sensex slipped 228 points or 027 per cent to 84770 while the Nifty fell 81 points or 031 per cent to 25973From a technical perspective the Nifty continues to maintain a sidewaystobullish bias as long as it sustains above the 2590026000 support zone analysts saidOn the upside immediate resistance is placed around 2610026200 and a sustained move above this range could pave the way for further gains toward 2630026400 in the near term experts addedSeveral heavyweight stocks were under pressure in morning deals Bharti Airtel Sun Pharma ITC Tata Steel Power Grid Titan Kotak Bank Infosys Axis Bank Trent and HCL Tech were among the top losers declining up to 15 per centOn the other hand some stocks managed to stay in the green LampT Tata Motors Bajaj Finance TCS Ultratech Cement Adani Ports Tech Mahindra and SBI were among the top gainers on the SensexThe weak start in Indian markets came after the US Federal Reserve announced a 25 basis points rate cut lowering the benchmark federal funds rate to a range of 375 per cent to 4 per centHowever Fed Chair Jerome Powells comment that another rate cut in December was far from a foregone conclusion dampened investor sentiment on Wall Street affecting Asian market trends as wellIn the broader market the Nifty MidCap index was flat while the Nifty SmallCap index edged up 015 per centAmong sectoral indices the Nifty Pharma index saw the sharpest fall down 076 per centThe Nifty Metal and FMCG indices also slipped 04 per cent each and the Nifty Private Bank index declined 02 per centMeanwhile the Nifty Realty index bucked the trend rising 05 per cent in early tradeAnalysts said that Given the heightened volatility and mixed global cues traders are advised to maintain a cautious buyondips approach especially when using leverage IANS https://dailyworld.in/science/indian-stock-markets-open-lower-as-us-fed-announces-rate-cut-645504.html Thu, 30 Oct 2025 14:51:00 +0530 https://dailyworld.in/science/adding-more-women-in-stem-sectors-imperative-for-viksit-bharat-vision-645546.html New Delhi Oct 30 The inclusion and advancement of women in Science Technology Engineering and Mathematics STEM is not merely a matter of social equity but a critical imperative for national innovation economic competitiveness and the successful realisation the vision of Viksit Bharat 2047 according to FICCI Ladies Organisation FLO an apex body of businesswomen in the country on Thursday A recent report by the FLO contended that Indias most underutilised strategic asset is its vast and growing pool of qualified women in STEMWhile India is a global leader in producing female STEM graduates with women constituting approximately 43 per cent of total enrolments in STEM However only 14 per cent transition into STEM careers said Poonam Sharma National President FLOThis phenomenon termed as leakypipeline signifies a colossal waste of human capital and a direct impediment to innovation In critical Research and Development RampD establishments women account for only 166 per cent of the personnel The economic cost of this exclusion is significant added SharmaRecent studies suggest that increasing womens participation in the labour force could add substantially to the GDP Promoting womens entrepreneurship alone has the potential to create 150170 million jobs by 2030A recent study conducted by FLO deconstructs the systemic barriers from entrenched sociocultural norms and the disproportionate burden of unpaid care to workplace biases and a formidable glass ceiling that contribute to this leaky pipeline It also highlights the catalytic impact of enablers such as targeted government initiatives for eg WISEKIRAN GATI the inspirational power of visible role models like the women scientists of the Indian Space Research Organisation ISRO and the burgeoning startup ecosystem supported by Startup India Sharma saidFLO recommended bridging the gap between educational attainment and workforce participation mandating genderdisaggregated data and pay gap reporting and creating a dedicated DeepTech Womens Fund to boost womens inclusion in STEM sectors IANS https://dailyworld.in/science/adding-more-women-in-stem-sectors-imperative-for-viksit-bharat-vision-645546.html Thu, 30 Oct 2025 15:20:00 +0530 https://dailyworld.in/science/china-targets-manned-moon-landing-by-2030-outlines-testing-tasks-ahead-645551.html Beijing Oct 30 China is advancing its goal of landing astronauts on the moon by 2030 and has outlined a packed schedule of development and testing for its ambitious crewed lunar programme the China Manned Space Agency CMSA said on Thursday A series of crucial upcoming tests include integrated testing for the Lanyue lunar lander thermal tests and maximum dynamic pressure escape tests for the Mengzhou manned spacecraft and lowaltitude and technology verification flights for the Long March10 carrier rocket Xinhua news agency reportedAt a press conference held at the Jiuquan Satellite Launch Center in northwest China CMSA spokesperson Zhang Jingbo announced that the Mengzhou1 spacecraft mission will be included in the public logo solicitation campaign alongside missions to Chinas space stationThis spacecraft is primarily designed for lunar missions while also supporting the space station missions in lowEarth orbitAll development and construction work for the crewed lunar mission is proceeding as planned said Zhang Primary preliminary prototyping of key flight hardware including the Long March10 rocket the Mengzhou spacecraft the Lanyue lander the Wangyu lunar extravehicular suit and the Tansuo crewed lunar rover has been completed the report saidAlso payload designs for scientific research and applications have been finalised and groundbased infrastructure such as the launch site tracking network and landing site on Earth is under accelerated development according to ZhangThe mission has seen a string of successful tests this year including the secondstage propulsion system test and the captive firing test for the Long March10 rocket the zeroaltitude escape test for the Mengzhou spacecraft and the comprehensive landing and takeoff verification test for the Lanyue landerZhang noted that numerous new technologies still require validation and the upcoming workload is heavy given the highquality standards and a tight timeline for flight testsMeanwhile the CMSA also announced the crew for the Shenzhou21 crewed spaceflight mission Zhang Lu Wu Fei and Zhang HongzhangThe Shenzhou21 crewed spaceship is scheduled to be launched at 1144 pm Friday Beijing Time from the Jiuquan Satellite Launch Center in northwest China Jingbo saidThe mission is the sixth manned flight mission since the space station entered the application and development phase and the 37th flight of Chinas manned spaceflight programmeThe Shenzhou21 astronauts will complete inorbit rotation with the Shenzhou20 crew and stay in the space station for about six months according to the spokesperson IANS https://dailyworld.in/science/china-targets-manned-moon-landing-by-2030-outlines-testing-tasks-ahead-645551.html Thu, 30 Oct 2025 15:24:00 +0530