New Delhi, June 3 (IANS) Several positive factors, including increased policy support for sustainable agriculture and targeted bio-economy initiatives, will lead India on the path to become a global leader in the domain of Bio-Economy and bio-based agri-input sector, according to the government.According to Tejveer Singh, Secretary, Department of Chemicals and Petrochemicals (DCPC), India has an immense potential to emerge as a global leader in the Bio-Economy and bio-based agri-input sector, du…
Latest Startup Ecosystem News & Updates
Kathmandu, May 29 (IANS) Nepal’s Finance Minister, Swarnim Wagle, on Friday announced major tax relief measures targeting the middle class, mirroring steps taken by the Indian government in February 2025. Presenting a budget of NPR 2.124 trillion for the fiscal year 2026-27 at a joint session of Parliament, Minister Wagle said the government has raised the income tax exemption threshold for individuals to NPR 1 million. Currently, individuals earning more than NPR 500,000 annually are required t…
Gandhinagar, May 17 (IANS) Union Commerce and Industry Minister Piyush Goyal on Sunday said that India’s annual output of around 14 lakh STEM graduates had become one of the country’s biggest advantages in technology, manufacturing and innovation. Speaking at the inauguration of the Innovation and Incubation Centre at the National Institute of Design (NID) in Gandhinagar, Goyal said India’s growing pool of scientists, engineers and technology professionals was attracting global investment …
New Delhi, May 16 (IANS) Prime Minister Narendra Modi on Saturday said India is dreaming big and the country’s youth now aspire to propel the nation forward in emerging sectors such as Artificial Intelligence (AI) and semiconductors.Addressing the Indian diaspora at an event in The Hague, PM Modi said today’s India is going through a phase of unprecedented transformation and has emerged as a global leader in technology, innovation and digitalisation.“Today, India is dreaming big. India’s y…
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…
New Delhi, April 28 (IANS) India’s startup ecosystem must undergo a shift in narrative and policy focus—from valuation-centric growth to value- scale, a report said on Tuesday.The report from Confederation of Indian Industry (CII) urged policymakers to improve access to growth capital, enable proportionate regulatory structures, strengthen digital public infrastructure and foster innovation through R&D support.Patient and diversified capital pools should be made available to support star…
New Delhi, April 19 (IANS) Chief Minister Rekha Gupta has announced the drafting of the ‘Delhi Semiconductor Policy’, aimed at positioning the capital as a key hub for semiconductor design, advanced research and development, and assembly and allied activities.Gupta said the initiative marks a step towards promoting high-value technology sectors in Delhi.The Chief Minister stated the policy is aligned with the vision of Prime Minister Narendra Modi for an Atmanirbhar Bharat and will ensure De…
New Delhi, March 24 (IANS) Naveen Jindal, Member of Parliament from Kurukshetra in Haryana, strongly endorsed the Finance Bill, 2026 in the Lok Sabha on Tuesday, describing it as a transformative and forward-looking roadmap that will shape the future of 140 crore Indians.He emphasised that India’s growth story is being powered by the combined strength of its taxpayers and the private sector — both of whom are indispensable partners in nation-building.Highlighting the critical role of the pri…
Mumbai, March 22 (IANS) Union Education Minister Dharmendra Pradhan said on Sunday that in the coming decade young innovators will not only answer deep tech challenges of the country but also that of the world, especially the Global South and emerging economies.Delivering the valedictory address at the concluding session of Bharat Innovates deep-tech pre-summit at IIT Bombay, he said the academia, industry, financial industry and youth are the key players to make the country a bigger innovation …
New Delhi, March 18 (IANS) The decline in India’s unemployment rate to 4.9 per cent in February reflects an encouraging shift in the rhythm of hiring. Employment creation is no longer locked within a handful of urban hubs or select industries.February’s gains were spread across manufacturing, construction, retail, logistics, and agriculture — a sign that recovery is broad based and reaching both rural and urban India, according to an article in India Narrative.The government’s capital ex…