New Delhi, July 10 (IANS) India’s Council of Scientific and Industrial Research (CSIR) provided access to its Traditional Knowledge Digital Library to IP Australia under an agreement signed during the 3rd India–Australia Annual Summit in Melbourne, an official statement said on Friday.The TKDL Access Agreement is one of eighteen key outcomes of the summit and will allow IP Australia to consult the database to identify relevant prior art while examining patent applications in accordance with …
Latest Patents News & Updates
New Delhi, July 9 (IANS) India now hosts around half of the world’s Global Capability Centres (GCCs) and has emerged as the second-largest base for enterprise artificial intelligence (AI) talent globally, reflecting the country’s growing role in innovation, technology and high-value global business operations, Chief Economic Adviser (CEA) V. Anantha Nageswaran said on Thursday.Addressing the CII GCC Business Summit, Nageswaran said India’s GCC ecosystem has undergone a remarkable transformation …
New Delhi, July 6 (IANS) India is uniquely positioned to emerge as a trusted connector economy that links global markets, supply chains and geopolitical blocs in an increasingly fragmented world, Mahindra Group Chairman Anand Mahindra said in his letter to shareholders on Monday. He said the country’s strengths place it at the centre of the evolving global economic order, while outlining the Group’s vision for long-term growth amid rising global uncertainty.”India’s economic strengths, strategic…
New Delhi, July 6 (IANS) China’s dominance in the rare earth industry suffers from a key structural weakness as most of the core patents for advanced rare earth functional material technologies are held by the US and Japan, according to a study.According to a report in the South China Morning Post, the researchers found that downstream products derived from processed rare earths — including permanent magnets, catalysts, luminescent and polishing materials — account for more than 80 per cent of…
New Delhi, May 11 (IANS) India’s startup ecosystem has expanded from barely 350-400 startups in 2014 to more than two lakh startups today, making India the world’s third-largest startup ecosystem, majorly driven by decisive policy reforms, Union MoS for Science & Technology, Earth Sciences Dr. Jitendra Singh said on Monday. India’s Global Innovation Index ranking improved from 80 to 38, while the country today ranks sixth globally in patents with over one lakh patents filed, over 55 pe…
Washington, May 1 (IANS) The United States has again placed India on its Priority Watch List for intellectual property concerns, citing continued gaps in enforcement and long-standing issues in patent protection.The designation came in the 2026 Special 301 Report released by the Office of the US Trade Representative (USTR), which reviews how trading partners protect and enforce intellectual property rights.India remains among six countries on the Priority Watch List, alongside China, Russia and …
New Delhi, April 28 (IANS) India’s patent filings crossed the 1.4 lakh mark in FY26, driven by a sharp rise in resident applications, a Nasscom report said on Tuesday, calling for a shift from a filing‑led mindset to a value‑driven patent ecosystem. According to the report, filings grew 30.2 per cent in FY26 after a 19.8 per cent rise in FY25. The surge was driven by resident filings up 46.2 per cent in FY26 and 32.2 percent in FY25.Resident filings accounted for nearly 70 per cent of appl…
New Delhi, Feb 14 (IANS) India’s innovation ecosystem has matured to a stage where opportunity is fully democratised and accessible ‘on a mobile phone,’ Union Minister Dr Jitendra Singh said on Saturday, urging young people to move beyond the traditional aspiration of government jobs and embrace entrepreneurship.Addressing the inaugural session of the Research–Industry–Startup–Entrepreneurship (RISE) Conclave 2026 in Chennai, Dr Singh stressed that government employment alone cannot …
Mumbai, Jan 15 (IANS) L&T Technology Services (LTTS) on Thursday reported a 6 per cent year-on-year (YoY) decline in its consolidated net profit for the third quarter of FY26 (Q3 FY26).The mid-tier IT services company posted a net profit of Rs 303 crore for the quarter ended December 31, as compared to Rs 322 crore in the same period last financial year (Q3 FY25).On a sequential basis, profit slipped 8 per cent from Rs 329 crore in the previous quarter (Q2FY26), according to its stock exchan…