India’s Digital Transformation: Empowering MSMEs for e-commerce growth

India’s Digital Mission marks nine years of progress, positioning the nation as a leading digital economy. As e-commerce is projected to reach $350 billion by 2030, the focus shifts to how MSMEs can harness this growth through digital integration, skills training, and supportive policies. How can MSMEs leverage this digital growth in e-commerce to streamline […]

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Piyush Goyal launches AI tool to expedite trademark clearance process

Piyush Goyal says AI will have to be accepted by all as it would help promote ease of doing business in every field. Union Commerce and Industry Minister, Piyush Goyal on Wednesday launched an AI (artificial intelligence) and ML (machine learning) search tool that will help clear trademark applications at a faster pace and with greater efficiency. […]

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How IT sector is shape-shifting with artificial intelligence

Top companies tell stories of enhanced productivity & creativity Even as the debate whether artificial intelligence is indeed eating up jobs rages on, with fresh data to either support or negate the claim being thrown up regularly, there is no argument about the fact that AI is a tool to enhance productivity and efficiency. Microsoft and LinkedIn’s recent release of […]

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Cybercriminals target SMEs as large companies beef up security

Hackers Pivot to SME as Biggies Stop Playing Ball: Attacks on small and medium enterprises (SMEs) (with 100-5,000 employees) have significantly risen in India and accounted for nearly half of all such incidents in 2023. Among large organizations, only 10% of those attacked paid ransom, whereas with SMEs, 44% ended up paying amounts ranging between […]

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MeitY seeks inputs from industry, think tanks on digital competition bill

Opinions divided among start-ups; some cite “error costs” of ex ante regulations. The Ministry of Electronics and Information Technology (MeitY) met with prominent think tanks to take their inputs on the draft Digital Competition Bill (DCB), and its impact on the domestic start-ups. The Ministry officials, including the MeitY secretary and members from the Competition […]

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Value-add target in new PLI scheme for electronics manufacturing may double

In a move to deepen manufacturing in electronics in India, the Centre is targeting 35-40 per cent value-addition through the yet-to-be launched production-linked incentive (PLI) scheme for electronics components. This target implies doubling of value-addition from the current levels of 18-20 per cent in the case of electronics manufacturing through various incentive schemes. The target […]

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India’s electronic manufacturing likely to double in the next five years: Govt sources

India’s electronic manufacturing is likely to double in the next five years, according to sources in the Ministry of Electronics and Information Technology. The country’s electronic manufacturing is likely to reach around USD 250 billion in the next 5 years. The current electronic exports of the country stand at USD 125-130 billion. The Govt is […]

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A six-legged guide robot for the blind has been developed by a Chinese university.

BEIJING, June 1 (Xinhua) — A research team from China’s Shanghai Jiao Tong University has developed a six-legged guide robot for visually impaired people that is expected to address the country’s shortage of real guide dogs. “We believe our robot will function as a ‘pair of eyes’ for visually impaired people,” said Professor Gao Feng […]

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Ecommerce fails to click for firms in Q4 as sales dip across segments

The March quarter witnessed a slowdown in online consumption across segments such as electronics, wearables and beauty products, as flagged by multiple listed companies and industry trackers. For the fourth quarter, logistics firm Delhivery said its express parcel shipments, a proxy for ecommerce delivery volumes, declined 13% sequentially to 176 million. Cofounder and chief executive […]

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A New Tree of Flowering Plants? For Spring? Groundbreaking.

Almost every plant we eat has a flower and flowering plants populate every corner of the planet. After a heroic DNA sequencing effort, a collaboration involving hundreds of scientists have created a new family tree for flowering plants, comparing gene sequences from more than 9,500 species. The data suggests that more than 80 percent of […]

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