18 Sep 2019 Four of the seven base units – kilogramme, kelvin, mole and ampere – have been redefined. The new definitions were aptly implemented across the world this year on May 20, which is World Meteorology Day. This move is expected to have far-reaching consequences, including changes in academic books…
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FDI easing, other steps may help revive growth
16 Sep 2019 A multitude of prompt economic measures were announced by the government recently to jumpstart investments and bring the economy back on a solid growth track. These measures will infuse greater investor confidence and encourage investments in the economy. Industry is greatly heartened by the fact that the…
Boosting Exploration
06 Sep 2019 Minerals: A Backbone Industry As India races to achieve the target of a US$5 trillion economy by 2024-25, the minerals and mining industry (referred to as the ‘minerals industry’ hereinafter), which serves as the basis for nearly all manufacturing sectors, will be a critical growth driver. Despite…
Man-Machine Interfaces Set to Transform Industry
30 Aug 2019 Human-machine interfacing (HMI) is not a new concept. Throughout the first three industrial revolutions, man has been leveraging machines to improve productivity. First, it was steam and then electricity that powered machines. Then came computers and electronics, automation across global shop-floors and production lines. The fourth phase…
A roadmap to boost growth, investments in J&K, Ladakh
17 Aug 2019 The Jammu and Kashmir (J&K) region has immense potential for development and is one of the most attractive tourist destinations in India and across the world. Endowed with abundant natural resources and a rich labour pool, the J&K region has potential to grow. With a population of…
The Evolution of the Indian Economy since Independence
15 Aug 2019 India celebrates its 73rd Independence Day on 15th August 2019. Its development journey over the last 72 years has been marked by significant milestones and reforms that enabled it to achieve substantial progress in many areas including rise in income levels, growth, literacy, life expectancy and a wide variety…
Data Analysis to Benefit Consumers Most
10 Aug 2019 Data seems to have become the most popular buzzword in the technology industry – data theft, data privacy, data sharing, data security and proprietary data have caught people’s attention. Data has become so important because, globally, we are moving towards a digital economy where data will form…
Private Investment could Catalyze India to a Global R&D Powerhouse
08 Aug 2019 There is little doubt that India has the potential to become a global Research & Development (R&D) powerhouse. The Indian Government has been taking some proactive steps to make India a leading R&D hub in Asia. Its latest initiatives under Make in India, Start-up India and Digital…
The auto sector’s revival holds the key to India’s $5 trillion economy
06 Aug 2019 This financial year (FY2019) saw the Government of India set an ambitious target to make India a $5 trillion economy within five years. The country will need to grow at around eight per cent annually to reach the target by 2024-25. Global growth slowed down considerably in…
Infrastructure Spending Set to Grow
05 Aug 2019 Infrastructure development is considered a sine qua non for India becoming a US $ 5 trillion economy by 2025 given its multiplier effect across sectors such as steel, cement, auto, and real estate, among others. Investments in the infrastructure sector, however, have been growing at a slow…