India Accelerates Rare Earth and Lithium Exploration; Domestic Production Capacity of Rare Earth Permanent Magnet to Reach 5,000 Tonnes by 2030: Dr. Jitendra Singh in Lok Sabha

India, March 25 -- The Government of India has issued a release: India has intensified efforts to scale up domestic production of rare earth permanent magnets and accelerate exploration of critical minerals such as lithium, with production capacity targeted to reach 5,000 tonnes by 2030, Union Minister of State (Independent Charge) for Science & Technology, Earth Sciences, and MoS PMO, Dr. Jitendra Singh said in the Lok Sabha today. Replying to a series of questions during the Question Hour in...


Press Release on the 407th Report of the Department-related Parliamentary Standing Committee on Science and Technology, Environment, Forests and Climate Change

India, March 25 -- The Government of India has issued a release: The Department-related Parliamentary Standing Committee on Science and Technology, Environment, Forests and Climate Change under the Chairmanship of Shri Bhubaneswar Kalita, M.P., Rajya Sabha presented/laid on the Table its 407th Report on Demands for Grants (2026-27) of the Department of Biotechnology, in both the Houses of Parliament on the 25th March, 2026. The Committee considered and adopted the draft Report in its meeting he...


CCI approves proposed acquisition of additional shareholding of Valuedrive Technologies Pvt Ltd by Setu AIF Trust, Konark Trust, and MMPL Trust

India, March 25 -- The Government of India has issued a release: The Competition Commission of India (CCI) has approved the proposed acquisition of additional shareholding of Valuedrive Technologies Private Limited by Setu AIF Trust, Konark Trust, and MMPL Trust. The proposed combination entails the acquisition of certain additional shareholding (on a fully diluted basis) of Valuedrive Technologies Private Limited (Target) by Setu AIF Trust, Konark Trust, and MMPL Trust (Acquirers). Setu AIF ...


IndiaAI Mission Expands AI Ecosystem with Affordable Compute and Startup Support

India, March 25 -- The Government of India has issued a release: Government of India launched IndiaAI mission with outlay of Rs. 10,372 crore for the development of the overall AI ecosystem in the country. With India's push to democratise Artificial Intelligence and expand compute capacity, along with the rapid growth of data centres and cloud infrastructure, there has been a corresponding increase in demand for high-performance compute resources, including Graphics Processing Units (GPUs). Und...


Press Release on the 410th Report of the Department-related Parliamentary Standing Committee on Science and Technology, Environment, Forests and Climate Change

India, March 25 -- The Government of India has issued a release: The Department-related Parliamentary Standing Committee on Science and Technology, Environment, Forests and Climate Change under the Chairmanship of Shri Bhubaneswar Kalita, M.P., Rajya Sabha presented/laid on the Table its 410th Report on Demands for Grants (2026-27) of the Department of Space, in both the Houses of Parliament on the 25th March, 2026. The Committee considered and adopted the draft Report in its meeting held on 24...


9th PharmaMed 2026 to be held at New Delhi

India, March 25 -- The Government of India has issued a release: The Department of Pharmaceuticals, under the Ministry of Chemicals and Fertilizers in association with the PHD Chamber of Commerce and Industry (PHDCCI), is set to host the 9th PharmaMed 2026 on 27th March 2026 in New Delhi. The one-day conference will bring together key stakeholders from across the pharmaceutical ecosystem for a high-level dialogue on the future of India's pharma sector. It seeks to address critical priorities in...


REGULATIONS ON OJT FOR ITI TRAINEES

India, March 25 -- The Government of India has issued a release: The Directorate General of Training under the Ministry of Skill Development and Entrepreneurship has restructured and rationalized all qualifications under the Craftsmen Training Scheme in alignment with the National Education Policy 2020. A mandatory provision of 150 hours of On-the-Job Training (OJT)/Group Project has been incorporated as part of CTS courses in Industrial Training Institutes (ITIs) from the academic session 2022...


Government supporting organisations and consortia to develop sovereign foundational model

India, March 25 -- The Government of India has issued a release: Sr. No. Startup Name Area of Work 1 PrivaSapien Technologies Responsible AI with privacy engineering and privacy-enhancing technologies 2 CoRover.ai Conversational Gen AI platform for contextual, domain-specific human-like responses 3 Staqu Technologies (Jarvis) AI-powered audio-video analytics for surveillance, security, and governance 4 SatSure Analytics Earth Observation using satellite imagery and AI for decision...


PARLIAMENT QUESTION: PROMOTION OF SCIENTIFIC TEMPERAMENT, RESEARCH AND INNOVATION IN THE COUNTRY

India, March 25 -- The Government of India has issued a release: Year 2016-17 2017-18 2018-19 2019-20 2020-21 Public Investment in R&D (Rs. Crore) 63974.55 71969.15 82250.19 87813.47 80992.83 % share of GDP 0.4 0.5 0.4 0.4 0.4 Year 2020-21 2021-22 2022-23 2023-24 2024-25 NCSTC 38.68 52.60 86.54 52.63 35.67 INSPIRE-MANAK 51.55 56.10 51.50 53.72 58.29 The Government of India has outlined broad national goals for scientific innovation and technology development ...


CCI approves acquisition of certain shares in Shriram Finance by MUFG Bank Ltd.

India, March 25 -- The Government of India has issued a release: The Competition Commission of India has approved the acquisition of certain shares in Shriram Finance Limited (Target) by MUFG Bank Ltd. (Acquirer). The Acquirer is a banking institution based in Japan. It is wholly owned and controlled by Mitsubishi UFJ Financial Group, Inc., which is a financial services and holding company incorporated in Tokyo, Japan. In India, the Acquirer provides: corporate banking loans; deposit accounts;...