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science-tech

Govt launches ‘BIO-NIVESH’ to catalyse investment, boost biotechnology innovations

IANS | September 3, 2026 5:55 PM

New Delhi, Sep 3 (IANS) The government on Thursday launched ‘BIO-NIVESH’, a strategic platform aimed at strengthening engagement between biotechnology innovators and the investment community and catalysing the flow of private capital into promising biotechnology innovations for scale-up and commercialisation.

India's scheme for rare earth magnet production gains broad industry participation: Report

IANS | September 3, 2026 4:39 PM

New Delhi, Sep 3 (IANS) India has received 20 bids to build integrated rare‑earth permanent magnet manufacturing facilities and the government aims to create an integrated chain stretching from NdPr oxide to finished magnets, a new report has said.

Airbus, Indamer Technics to set up South Asia's first radome repair facility in India

IANS | September 3, 2026 4:27 PM

New Delhi, Sep 3 (IANS) Airbus on Saturday said it selected Indamer Technics to set up South Asia's first comprehensive radome repair facility in Maharashtra's Nagpur strengthening the aircraft manufacturer's regional aftermarket support and expanding India's aviation maintenance, repair and overhaul (MRO) capabilities.

Operational fixes could unlock up to Rs 39,000 crore working capital for India’s auto suppliers

IANS | September 3, 2026 3:39 PM

New Delhi, Sep 3 (IANS) India’s auto‑component suppliers are carrying about Rs 98,000 crore in inventory and could unlock Rs 29,000–39,000 crore of working capital through operational fixes, a report said on Thursday.

India to finalise US trade deal as soon as preferential tariff advantage is reached: Piyush Goyal

IANS | September 3, 2026 3:31 PM

New Delhi, Sep 3 (IANS) Commerce and Industry Minister Piyush Goyal on Thursday said that the country will finalise the trade deal with the US once Washington gives domestic exporters a preferential tariff advantage over competing countries.

Corporate leaders highlight Gujarat investment opportunities at VGGS 2027 roadshow

IANS | September 3, 2026 3:27 PM

Mumbai, Sep 3 (IANS) Top corporate leaders on Thursday highlighted Gujarat's investment potential and expressed interest in expanding their presence in the state at a roadshow here organised by the Gujarat government ahead of the Vibrant Gujarat Global Summit (VGGS) 2027.

Bharat NCAP 2.0 to roll out in 2027, safe drivers may get rewards, violators risk licence: Gadkari

IANS | September 3, 2026 3:11 PM

New Delhi, Sep 3 (IANS) Union Road Transport and Highways Minister Nitin Gadkari on Thursday said the government is working on a graded points system for driving licences and vehicle registration as part of efforts to improve road safety in the country.

GDP manipulation allegations ‘completely baseless’, says former Finance Commission Chief

IANS | September 3, 2026 2:27 PM

New Delhi, Sep 3 (IANS) Former Finance Commission chairman and Institute of Economic Growth president, N.K. Singh, on Thursday rejected allegations questioning the methodology used by the government to calculate India’s Gross Domestic Product (GDP), calling such claims “completely baseless”.

Upcoming FTAs to help India gain access to 75 pc global trade at rates lower than competitors: Piyush Goyal

IANS | September 3, 2026 2:25 PM

New Delhi, Sep 3 (IANS) Commerce and Industry Minister Piyush Goyal on Thursday said that combined with upcoming free trade agreements (FTAs) and efforts to deepen market access, India could gain access to 75 per cent of global trade at rates lower than competitors.

World Bank's Neelkanth Mishra lashes out at India GDP critics as ‘ill-educated and egregiously wrong’

IANS | September 3, 2026 2:19 PM

New Delhi, Sep 3 (IANS) Neelkanth Mishra, India's Executive Director at the World Bank, on Thursday lashed out at the “ill-educated and egregiously wrong claims made by some” that if the 'original' base of June-2025 quarter was used, India’s GDP growth in the June-2026 quarter would be much lower.

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