Budget to make India a global hub for innovation, advanced manufacturing: SBI Chairman
New Delhi, Feb 2 (IANS) The Budget for 2026-27 is a significant step toward making India a global hub for innovation and advanced manufacturing with global competitiveness as the lynchpin, says Challa Sreenivasulu Setty, Chairman, State Bank of India. The Budget maintains policy continuity, tax predictability while attempting a fine balance between rural and urban, […]
Oracle mulls laying off up to 30,000 employees to fund AI infra: Report
Mumbai, Feb 2 (IANS) US tech giant Oracle is planning to cut 20,000 to 30,000 jobs and sell parts of its activities to help finance expansion of its AI data‑centre capacity, a new report has claimed. The report from CIO, citing an investment bank TD Cowen, said the company cut about 10,000 jobs in late […]
Budget a blueprint to strengthen India’s presence in global value chains: Piyush Goyal
Mumbai, Feb 2 (IANS) India is in a sweet spot today, and the Union Budget for a ‘Future Ready Bharat’ covers a multitude of sectors, both traditional and modern, giving impetus to services with a major focus on tech, Commerce and Industry Minister Piyush Goyal said on Monday. In a meeting on the holistic benefits […]
Indian scientists develop single-unit device to capture, save solar energy
New Delhi, Feb 2 (IANS) Indian scientists at the Department of Science and Technology (DST) have developed a solar-powered energy storage device that can both capture and store energy in a single unit, marking a major step towards clean, self‑sustaining storage systems, an official statement said. Unlike conventional solar systems that require separate units for […]
India’s smartphone market value grows 8 pc in 2025, Apple logs highest ever share
New Delhi, Feb 2 (IANS) India’s smartphone market grew a modest 1 per cent year‑on‑year in volume but a robust 8 per cent in value in 2025, underscoring sustained premiumisation, a report said on Monday. The report from Counterpoint Research said that over one in every five smartphones shipped in India is now in the […]
Kashmir startup builds plasma testbed crucial for fusion systems
New Delhi, Feb 2 (IANS) Ignition Dynamics, a deep‑tech startup incubated at NIT Srinagar’s Greenovator Foundation, has developed its first prototype, Magnetized Plasma Testbed, that studies plasma under controlled electric and magnetic fields, a report has said. The report from Kashmir Observer said the testbed lets researchers and students perform experiments by “switching on” plasma, […]
‘India AI Impact Summit’ attracts 35,000 registrations to date; set to be largest
New Delhi, Feb 2 (IANS) The ‘India AI Impact Summit 2026’, scheduled from February 16-20 here, has attracted significant global interest with over 35,000 registrations so far, the government said on Monday. The event will feature participation from over 100 countries, including 15–20 heads of government, over 50 ministers, and 40 CEOs of leading global […]
Middle class to gain through affordable healthcare, Budget aims long-term relief: Dr Singh
New Delhi, Feb 2 (IANS) Affordable drugs, vaccines and diagnostics, supported by domestic biomanufacturing, would be a major social and economic support, especially for the middle class and vulnerable sections, said Union Minister of State (Independent Charge) for Science and Technology, Dr Jitendra Singh, said on Monday. Addressing the media in a post-Budget interaction, the […]
AIIB probing all probable causes for Air India plane crash in Ahmedabad: Minister
New Delhi, Feb 2 (IANS) The Aircraft Accident Investigation Bureau (AAIB) is investigating the Air India flight AI-171 crash at Ahmedabad in June last year from all angles and aims to complete the investigation in a time-bound manner, Minister of State for Civil Aviation Murlidhar Mohol informed the Parliament on Monday. “All probable causes leading […]
India and Norway discuss initiatives to strengthen economic ties
Oslo, Feb 2 (IANS) Secretary (West) at the Ministry of External Affairs (MEA), Sibi George, held a meeting with State Secretary, Norwegian Ministry of Trade and Industry, Ragnhild Sjoner Syrstad in Oslo on Monday, discussing strengthening of economic ties and boosting investments in green and blue tech sectors. Following their talks, the Ministry of External […]
