Home and world corporations are lining up in India with patent functions in rising applied sciences. Prior to now 5 years, 80,000 functions have been filed in areas resembling AI, IoT, and cyber safety, amongst others. Learn extra on that in at the moment’s high headlines.
Omicron unfold: Seven-day quarantine should for flyers from overseas
No new registration can be required for these eligible for the precautionary or the third dose of Covid vaccine, the Union well being ministry mentioned on Friday. Those that have taken two doses of the Covid vaccine can straight take an appointment or walk-in to any Covid-19 vaccination centre to get their jab, the federal government mentioned.
The recent tips got here as because the every day Covid-19 circumstances in India soared previous the 100,000 mark on Friday, the best in seven months. India additionally requested all worldwide passengers to endure a seven-day home-quarantine, and check on the eighth day. Read more
India climbing up the ladder of rising tech patents, exhibits knowledge
The IP regime is exploding with patent functions. Home and world corporations in rising applied sciences have filed over 80,000 functions in India between 2016 and 2020 in areas starting from Synthetic Intelligence (AI), the Web of Issues (IoT), and large knowledge to cloud, Edge, cyber safety, and actual time processing. They account for 70 per cent of all know-how patents.
Based on knowledge from world IP analysis and consultancy agency Sagacious, 5,000 patents had been filed in AI in India within the decade 2011-2020. However of those, 86 per cent had been filed within the final 5 years. Read more
Govt might rein in fiscal deficit at 6.8% of GDP: First advance estimates
Even when the federal government spends Rs 71,000 crore greater than the Funds Estimates (BE) and all revenues stay fixed on the BE stage, the Centre would be capable to rein in its fiscal deficit at 6.8 per cent of gross home product (GDP). Read more
Morris Coin rip-off: At the very least 1.1 million traders might have been cheated
Earlier this week, the Enforcement Directorate carried out raids at 11 places throughout the nation relating to a pretend cryptocurrency referred to as Morris Coin that floated an “preliminary coin providing” much like an preliminary public providing.
Although the investigating businesses peg the rip-off’s measurement at Rs 1,265-crore, victims, pin stockists who had been a part of the Morris Coin workforce, attorneys who’ve been battling the case in courts for over two years, and police officers point out that not less than 1.1 million traders unfold throughout Kerala, Tamil Nadu, and Karnataka may need misplaced over Rs 3,000 crore within the scheme. Read more
CCI orders probe in opposition to Google for alleged abuse of dominant place
Truthful commerce regulator CCI on Friday ordered a probe in opposition to Google for its alleged abuse of dominant place.
“In a well-functioning democracy, the crucial function performed by information media can’t be undermined, and it must be ensured that digital gatekeeper corporations don’t abuse their dominant place to hurt the aggressive strategy of figuring out a good distribution of income amongst all stakeholders,” CCI mentioned. Read more
Pricey Reader,
Enterprise Normal has at all times strived exhausting to offer up-to-date data and commentary on developments which can be of curiosity to you and have wider political and financial implications for the nation and the world. Your encouragement and fixed suggestions on easy methods to enhance our providing have solely made our resolve and dedication to those beliefs stronger. Even throughout these tough instances arising out of Covid-19, we proceed to stay dedicated to maintaining you knowledgeable and up to date with credible information, authoritative views and incisive commentary on topical problems with relevance.
We, nevertheless, have a request.
As we battle the financial influence of the pandemic, we want your assist much more, in order that we are able to proceed to give you extra high quality content material. Our subscription mannequin has seen an encouraging response from lots of you, who’ve subscribed to our on-line content material. Extra subscription to our on-line content material can solely assist us obtain the targets of providing you even higher and extra related content material. We imagine in free, honest and credible journalism. Your assist by means of extra subscriptions will help us practise the journalism to which we’re dedicated.
Help high quality journalism and subscribe to Business Standard.
Digital Editor
