Science & Tech News: Innovations

Govt unveils deferred customs duty payment facility for eligible manufacturer importers

IANS | March 1, 2026 11:22 AM

New Delhi, March 1 (IANS) In a bid to significantly improve ease of doing business, the Central Board of Indirect Taxes and Customs (CBIC) has introduced a new facilitation measure for trusted manufacturers by enabling the facility of deferred payment of customs duty to a new category of importers called Eligible Manufacturer Importers (EMIs), it was announced on Sunday.

UPI transactions surge 27 pc annually at 20.39 billion in Feb: NPCI data

IANS | March 1, 2026 11:03 AM

New Delhi, March 1 (IANS) The unified payments interface (UPI) saw 27 per cent transaction count growth (year-on-year) at 20.39 billion in the month of February — along with registering 22 per cent annual growth in transaction amount at Rs 26.84 lakh crore, the National Payments Corporation of India (NPCI) data showed on Sunday.

Israel-Iran war likely to weigh on Indian markets this week

IANS | March 1, 2026 10:22 AM

Mumbai, March 1 (IANS) Escalating tensions between Israel and Iran are expected to weigh on Indian markets in the near term, mainly driven by a rise in energy prices, analysts said on Sunday.

444 flights expected to be cancelled on March 1 over airspace closures: DGCA

IANS | March 1, 2026 10:02 AM

New Delhi, March 1 (IANS) After a massive disruption due to airspace closures across Iran and several Middle Eastern countries, 444 flights are expected to be cancelled on March 1, according to the Directorate General of Civil Aviation (DGCA).

Samsung Electronics to shift to AI-driven autonomous factories by 2030

IANS | March 1, 2026 9:22 AM

Seoul, March 1 (IANS) Samsung Electronics said on Sunday it plans to transform its domestic and overseas production facilities into factories driven by artificial intelligence (AI) by 2030 as part of its push for manufacturing innovation.

PM Modi inaugurates Micron's facility in Gujarat's Sanand, highlights pan-India semiconductor mission

IANS | February 28, 2026 6:48 PM

Sanand, Feb 28 (IANS) Prime Minister Narendra Modi said on Saturday that India's semiconductor strategy was focused on building a complete ecosystem across the country, as he addressed the start of a commercial production at Micron's semiconductor assembly and test facility in Gujarat's Sanand.

India's jewellery market projected to reach $130–150 billion by 2030

IANS | February 28, 2026 6:34 PM

New Delhi, Feb 28 (IANS) The domestic jewellery market, currently valued at approximately $85–90 billion, is projected to expand to $130–150 billion by 2030, driven by wedding demand, premiumisation, organised retail expansion, and rising consumer confidence, it was announced on Saturday.

Industry hails ‘historic’ Micron chip plant inauguration in India

IANS | February 28, 2026 6:22 PM

New Delhi, Feb 28 (IANS) The India Electronics and Semiconductor Association (IESA) on Saturday congratulated the government and US-based Micron Technology on the historic inauguration of state-of-the-art ATMP (assembly, testing, marking and packaging) facility in Sanand, Gujarat, by Prime Minister Narendra Modi.

Science–policy convergence key to achieving Viksit Bharat: Principal Scientific Adviser

IANS | February 28, 2026 5:07 PM

New Delhi, Feb 28 (IANS) Strong coordination between science and policymaking is essential to realise the vision of Viksit Bharat, Principal Scientific Adviser to the Indian Government Prof. Ajay K. Sood said on Saturday.

India will be among top 3 world economies soon: Dr Jitendra Singh

IANS | February 28, 2026 4:30 PM

New Delhi, Feb 28 (IANS) India’s journey from the ‘Fragile Five’ economies in 2014 to emerging as the world’s fourth largest economy reflects a decisive shift in national confidence, capability, and direction, Union Minister of State, Dr. Jitendra Singh, said on Saturday.

science-tech

Govt unveils deferred customs duty payment facility for eligible manufacturer importers

UPI transactions surge 27 pc annually at 20.39 billion in Feb: NPCI data

Israel-Iran war likely to weigh on Indian markets this week

444 flights expected to be cancelled on March 1 over airspace closures: DGCA

Samsung Electronics to shift to AI-driven autonomous factories by 2030

PM Modi inaugurates Micron's facility in Gujarat's Sanand, highlights pan-India semiconductor mission

India's jewellery market projected to reach $130–150 billion by 2030

Industry hails ‘historic’ Micron chip plant inauguration in India

Science–policy convergence key to achieving Viksit Bharat: Principal Scientific Adviser

India will be among top 3 world economies soon: Dr Jitendra Singh

LATEST NEWS

Trump offers ‘better deal’ as US-Iran talks falter

IPL 2026: 'It was about time Tilak delivered,' says Pandya after batter stars in MI’s dominant win over GT

Congress MP to file PIL against OTT series ‘Lawrence of Punjab’

CJI Surya Kant calls for real-time enforcement to tackle cybercrime, flags systemic gaps

Puri gears up for Rath Yatra as chariot construction process begins on Akshaya Tritiya

Drone training centre for NCC Cadets in Nagpur soon, says top official

IPL 2026: 'We gave away too many runs,' says Gill after Gujarat Titans’ 'heavy defeat' to MI

IPL 2026: Tilak Verma’s ton, Ashwani’s four-fer power MI to 99-run win over GT

Kejriwal behaving like 'urban terrorist', alleges Parvesh Verma

Defence Minister Rajnath Singh to begin three-day Germany visit from April 21