Daily Archives: February 24, 2023

INDIA’S R&D ESTIMATES ARE AN INCOMPLETE PICTURE

India’s research and development (R&D) expenditure-GDP ratio of 0.7% is very low when compared to major economies and is much below the world average of 1.8%. The main reason is the low investment in R&D by the corporate sector. While the corporate sector accounts for about two-thirds of gross domestic …

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WORKING OF THE ANTI-DEFECTION LAW

A five-judge Bench of the Supreme Court of India is presently hearing a set of cases popularly known as the “Maharashtra political controversy cases”. While questions have been raised about whether the situation is now fait accompli, and whether the Court can “turn the clock back” if it wanted to, the …

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CROSS-BORDER DIGITAL PAYMENT OF INDIA

Transferring money to a relative studying or living in Singapore or receiving remittances from a family member working in the Southeast Asian city-state just got a whole lot simpler. On February 21, the Reserve Bank of India Governor, Shaktikanta Das, and the Monetary Authority of Singapore’s Managing Director, Ravi Menon, …

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THE PAST AND PRESENT OF RUSSIA’S WAR IN UKRAINE

A year after Russia launched its invasion of Ukraine, there are signs of escalation everywhere. The West has recently announced the supply of more advanced weapons to Ukraine, deepening its involvement in the conflict. In response, Russian President Vladimir Putin, who has already reinforced Russian positions along the 1,000-km long …

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THIRD PATIENT IS CURED OF HIV

A man became the third person to have been “cured of HIV” after a bone marrow transplant carrying a specific HIV-resistant mutation. The CCR5-delta 32 mutation prevents the receptors used by the HIV virus from forming on the surface, effectively denying the virus its doorway to the body. It is …

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CLOUD-ENABLED EDA

Enterprises require AI platforms that are designed to run on on-premises equipment and are also cloud-enabled. By offloading the naturally compute-intensive AI algorithms to advanced high-performance servers in the cloud, companies can free up their on premium capacity for more traditional EDA workloads. AI and ML workloads in EDA and …

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AI PAVING WAY FOR NEXT-GEN CHIPS

Gordon Moore came up with Moore’s Law in 1965, suggesting that every two years; computational progress would become faster, smaller and more efficient. Today, as we stand amidst the digital revolution that has fundamentally altered the foundational concepts of the electronics industry, the hunger for more capabilities and higher performance …

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UPI MAY EXTEND TO UAE, MAURITIUS & INDONESIA

After Singapore, the RBI is in talks with several countries, including Indonesia, UAE and Mauritius, for establishing a direct payment link of the Unified Payments Interface (UPI) with networks in these countries to enable quicker and cheaper fund transfers using mobile phones. Some Latin American countries have also shown interest. …

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NEW POLICY TO SCRAP OLD VEHICLES

Old vehicles of the Union and state governments would be scrapped under the vehicle scrapping policy. He also said the government has made a provision of ₹3,000 crore in the 2023-24 budget to encourage vehicle scrapping. Vehicle scrapping policy is an important part of the green growth strategy.  ‘Green growth …

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