GS3

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 …

India’s Goods and Services Tax (GST) revenues grew 12.7% in January to hit almost ₹1.59 lakh crore, the second highest monthly collections on record, as per revised figures from the Finance Ministry. Earlier estimates of GST revenues for January had pegged collections at about ₹1.56 lakh crore till the evening …

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 …

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 …

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 …

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 …

Seeking to ensure green energy growth of India, stakeholders from across the globe, were invited to invest in renewable energy and related sectors, and said the potential of solar, wind and biogas in India is no less than any gold mine or oil field for the private sector. “The Budget …

The Centre is expected to clarify, later this year, the specifics of a carbon trading market in India. An amendment to the Energy Conservation Act, passed in 2022 and, separately, approval by the UN Framework Convention on Climate Change via the Paris and Glasgow agreements ensured that carbon markets (where …

The sum and variation of our biological wealth, known as biodiversity, is essential to the future of this planet. The importance of our planet’s biodiversity was strongly articulated at the United Nations Biodiversity Conference in Montreal, Canada. On December 19, 2022, 188 country representatives adopted an agreement to “halt and …

India continues to remain a relative “bright spot” in the world economy, and will alone contribute 15% of the global growth in 2023, International Monetary Fund (IMF) Managing Director Kristalina Georgieva said. While digitisation pulled out the world’s fifth-largest economy from pandemic lows, prudent fiscal policy and significant financing for …