Health, convenience key focus for food companies in Asia Pacific: Report
New Delhi, Dec 31 (IANS) Health and convenience have become key focus areas for packaged food companies in the Asia-Pacific (APAC) region, according to a report on Tuesday. As food companies navigate increasing input costs, especially in oils and fats, their innovations remain centred on health and wellness as consumers are prone to spending more […]
Samsung to become largest shareholder in South Korean robotics startup
Seoul, Dec 31 (IANS) Samsung Electronics said on Tuesday it will become the largest shareholder in a South Korean robotics startup, Rainbow Robotics, as part of its push for advancing robotics technologies including humanoid robots. The tech giant increased its stake in Rainbow Robotics to 35 per cent by exercising a call option on its […]
Smartphone app can help reduce opioid use: Researchers
New York, Dec 31 (IANS) A smartphone app can help patients with opioid use disorder reduce their days of opioid use and stay in treatment longer, according to new research. The study by the University of Texas Health Science Center at San Antonio (UT Health San Antonio) in the US showed that those who chose […]
Centre inks 72 MoUs to empower persons with disabilities, launches 100 cr worth projects this year
New Delhi, Dec 30 (IANS) The government inked 72 MoUs with startups and organisations this year across multiple disability sectors, demonstrating a commitment to collaboration and innovation, it was announced on Monday. The year 2024 witnessed a concerted effort by the Central government and various stakeholders to create a more inclusive and equitable society for […]
Year Ender: India took big strides in creating futuristic technologies across sectors
New Delhi, Dec 31 (IANS) India’s manufacturing sector is making its presence felt on the global stage across industries ranging from electronics to steel, with the country emerging as the world’s third-largest smartphone exporter and net exporter of steel for the first time. Driven by government initiatives and strategic investments over the last decade, the […]
AI helps identify causes of fuel cell malfunctions: Study
Seoul, Dec 31 (IANS) A team of researchers has developed a novel way to analyse the microstructure of carbon fibre paper, a key material in hydrogen fuel cells, at a speed 100 times faster than existing methods, thanks to digital twin technology and artificial intelligence (AI). Carbon fibre paper is a key material in hydrogen […]
Stable political scenario, favourable policy, infra push to drive Indian economy in 2025
New Delhi, Dec 31 (IANS) After a resilient performance in 2024 amid geo-political headwinds, the Indian economy is poised to be supported by a stable political scenario, favourable policy environments, the effects of production-linked incentive (PLI) programmes, possibilities brought about by changes in the global supply chain and government emphasis on infrastructure spending. The Central […]
Year Ender: Indian startups raise $12 billion, new-age firm joins Sensex for first time
New Delhi, Dec 31 (IANS) The year 2024 has been historic for Indian startups as the government abolished the angel tax (a tax levied on investing in startups), which improved Indian startups’ funding and enabled them to raise more than $12 billion. Along with this, food delivery company Zomato managed to make its place in […]
Gross NPA ratio of India’s banks falls to 12-year low of 2.6 pc
Mumbai, Dec 31 (IANS) The asset quality of India’s banks has improved further with their gross non-performing assets (GNPA) declining to 2.6 per cent of total advances in September 2024 which is the lowest level in the last 12 years, according to the RBI’s latest financial stability report. The net NPA ratio was around 0.6 […]
