Washington, July 11 (IANS) China has rejected warnings of a new economic “China Shock 2.0,” saying its expanding technological and industrial strength offers countries greater market access, deeper cooperation and new investment opportunities rather than threats.Liu Chang, spokesperson for the Chinese Embassy in Washington, said Friday that China’s emerging technologies and products would advance global development and make advanced technologies more accessible.“Some, however, see it thr…
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New Delhi, July 9 (IANS) The Department for Promotion of Industry and Internal Trade (DPIIT) has introduced amendments to two Quality Control Orders (QCOs) relating to the footwear sector with the objective of facilitating ease of doing business and strengthening the domestic footwear manufacturing ecosystem, according to an official statement issued on Thursday. Under the amendments, the timeline for clearance of legacy footwear stock has been extended by a year from July 31, 2026, to July 31, …
New Delhi, July 5 (IANS) The proposed Centre for Emerging Technologies will be set up at Tamil Nadu Knowledge City in Tiruvallur and will operate from a dedicated 20,000-square-foot research and teaching facility within the precinct’s knowledge tower.The collaboration aims to advance research and innovation in areas such as quantum computing, agri-tech and other emerging technologies, while fostering stronger links between academia and industry. The partnership will focus on collaborative resear…
Bhubaneswar, July 2 (IANS) Odisha Chief Minister Mohan Charan Majhi on Thursday described the signing of the Memorandum of Understanding (MoU) between the Odisha government with Adani Enterprises Limited and Abu Dhabi-based International Holding Company (IHC) in the United Arab Emirates (UAE) for an integrated aluminium value chain project as a “landmark moment in the state’s industrial history”. The proposed project will be developed through a joint venture between Adani Enterprises Limited and…
Vadodara, June 30 (IANS) Defence Minister Rajnath Singh on Tuesday said investment in the defence sector generated benefits beyond national security by supporting industrial development, employment, infrastructure and technological innovation. Addressing industrialists, entrepreneurs and investors at the valedictory session of the Vibrant Gujarat Regional Conference (VGRC), Singh said defence manufacturing had become an important component of India’s broader economic development strategy.”Every …
New Delhi, June 26 (IANS) The Union Ministry of Health and Family Welfare on Friday said it has proposed amendments to the Drugs Rules, 1945 to simplify the procedure for obtaining permission for import of drugs for examination, test or analysis, commonly known as through Form 11.The amendment introduces an acknowledgement-based system for import of all drugs in small quantities for analytical and non-clinical testing purposes.The amendment is expected to significantly reduce the compliance burd…
Washington, June 24 (IANS) Two senior Republican senators have urged the Trump administration to curb Chinese nationals’ access to America’s national laboratories, warning that the practice exposes sensitive research and advanced technologies to potential exploitation by Beijing.In a letter to Energy Secretary Chris Wright, Senators Tom Cotton of Arkansas and Mike Lee of Utah said Department of Energy data showed thousands of Chinese nationals continued to visit, work and conduct research at US …
New Delhi, June 14 (IANS) If India can combine its talent advantage with stronger research and development (R&D) and continued skilling, the country can become a very important contributor to the global AI ecosystem, says Arundhati Bhattacharya, President and CEO, Salesforce South Asia.India has the talent, digital infrastructure and entrepreneurial energy to become a leader in AI.“A lot of innovation will come from India’s unique requirements, whether it is multilingual AI, cost-efficient…
New Delhi, June 13 (IANS) Zoho co-founder and former CEO Sridhar Vembu on Saturday said recent US restrictions on access to advanced artificial intelligence (AI) models underscore the growing importance of technological self-reliance, asserting that technology has become central to national security and sovereignty. Reacting to the US government’s export controls that led to the suspension of Anthropic’s advanced AI models — Mythos and Fable — for users outside the United States, Vembu said th…
New Delhi, June 4 (IANS) In a major push to improve efficiency and accelerate defence procurement, the government on Thursday announced that it has significantly enhanced the delegation of financial powers across the armed forces, enabling faster decision-making and smoother execution of contracts.The revised framework is expected to support procurement exceeding Rs 1.25 lakh crore through the revenue route, in line with current budgetary allocations.Defence Minister Rajnath Singh released the r…