Jaipur, July 3 (IANS) Rajasthan’s Leader of Opposition (LoP) Tika Ram Jully on Friday welcomed inauguration of the Hindustan Petroleum Corporation Limited (HPCL) Rajasthan Refinery at Pachpadra in Balotra and urged the Bharatiya Janata Party-led state government to ensure that local youth from Barmer, Jodhpur, the Marwar region, and across Rajasthan receive priority in employment opportunities generated by the project. LoP Jully also called for the establishment of a Manmohan Singh Petroleum Uni…
Latest R&D News & Updates
New Delhi, July 3 (IANS) Japan has emerged as the largest contributor to India’s Global Capability Centre (GCC) ecosystem in the Asia Pacific (APAC) region, with over 100 centres already established, a report showed on Friday.These centres are rapidly evolving into strategic hubs for engineering, digital transformation and product innovation, spanning areas such as AI, embedded systems, cloud, advanced analytics and digital manufacturing, according to the Deloitte India report.Japanese enterpr…
New Delhi, June 30 (IANS) State-owned Maharatna company Coal India Limited (CIL) on Tuesday said it plans to invest around Rs 1,900 crore in research and development (R&D) activities by FY30 as it steps up efforts to drive technological innovation and support the evolving energy landscape.In an exchange filing, the coal mining major stated that it has intensified R&D initiatives with the establishment of the National Centre for Coal and Energy Research (NaCCER) in FY2024-25, marking a ke…
New Delhi, June 23 (IANS) India’s total merchandise and services trade expanded by 5.4 per cent year-on-year during January–March in the financial year 2025-26 to reach $1.84 trillion, reflecting a stable performance despite the uncertainties in global markets, according to NITI Aayog’s latest “Trade Watch Quarterly” released on Tuesday. Ashok Kumar Lahiri, Vice-Chairman, NITI Aayog, released the report in New Delhi, in the presence of the CEO, NITI Aayog and other senior officials.India…
Seoul, April 24 (IANS) Hyundai Mobis, South Korea’s leading auto parts maker, said on Friday its first-quarter net profit fell 14 per cent from a year earlier as weaker global vehicle demand weighed on earnings.Net profit for the three months ending in March fell to 883.05 billion won ($596 million) from 1.03 trillion won a year earlier, the company said in a regulatory filing.”Rising external uncertainties linked to prolonged tensions in the Middle East dampened vehicle sales and parts demand,”…
Hyderabad, April 17 (IANS) The government is taking planned steps to develop Telangana into a strategic aerospace hub for the country, aligned with future industry needs, state minister for industries and information technology, D. Sridhar Babu, said on Friday. He stated that with an estimated demand for 42,000 new aircraft over the next 20 years (as projected by Boeing and Airbus), Hyderabad is being positioned to capture this opportunity.Speaking at the national conference organised by the Aer…
New Delhi, April 9 (IANS) Minister of State for Science and Technology, Dr Jitendra Singh, on Thursday called upon the private sector to step up participation in research and development (R&D), stressing that stronger industry engagement is key to building a robust innovation ecosystem in India.The minister said the government has taken several enabling measures, including opening up sectors such as space and nuclear energy to private players and introducing mechanisms like the Research, Dev…
New Delhi, April 6 (IANS) Global capability centres (GCCs) leasing in India reached a record 9.1 million square feet in the January-March period this year — the highest quarterly GCC absorption on record, a report showed on Monday.This comes against the backdrop of the country’s overall office sector registering a gross absorption of 20.7 million sq ft — the highest level recorded for any quarter, according to the report by CBRE South Asia Pvt Ltd.As compared to 19.7 million sq ft in Q1 2025…
New Delhi, March 18 (IANS) Around 65–68 per cent of the projected office supply in India during 2026–27 is expected to come up within integrated technology parks, a report showed on Wednesday.A report by CBRE said this suggested a rise from 54–58 per cent in 2024–25. India’s total office stock is also projected to cross the 1 billion sq ft mark this year.The report also noted that 2025 was the strongest year for the office market in terms of both leasing and supply.“Annual gross abso…
Bengaluru, Feb 25 (IANS) Job openings in the Indian semiconductor design global capability centres (GCCs) increased in the October-December period last year (Q4 2025), with November and December recording the strongest month-on-month uptick in job openings during the year, though hiring volumes remained below early-2025 levels, a report showed on Wednesday.According to Careernet’s ‘India’s Semiconductor Design GCC Talent Ecosystem-CY 2025’ report, an analysis of hiring data across the to…