South Asia

CERT, IIT Madras forge partnership to drive global innovation

ABU DHABI: The Centre of Excellence for Applied Research and Training (CERT) and the Indian Institute of Technology Madras (IIT-M) have signed a significant Memorandum of Understanding (MoU) aimed at advancing innovation, entrepreneurship, and research. This partnership will drive the growth of a global start-up ecosystem and deliver world-class academic programmes that enhance employability and […]

IBM to cut 1,000 jobs in China, plans to open in India

IBM is closing a major research division in China, impacting over 1,000 jobs and moving to other locations, such as Bengaluru, India. The company is shutting down two business lines focused on research and development and testing. Instead, IBM will shift its focus to serving private enterprises and select multinational companies operating in China. This […]

India’s renewable energy agency gets international credit rating

NEW DELHI: India’s quest for renewable energy received a shot in the arm with the Indian Renewable Energy Development Agency (IREDA) securing an international credit rating. S&P Global Ratings rated IREDA’s Outlook as “Stable” and gave the agency “BBB” long-term and “A-3” short-term issuer credit ratings, said India’s Ministry of New and Renewable Energy in […]

Indian scheme brings 530 million adults into the banking system

NEW DELHI: Indian poverty reduction scheme, Pradhan Mantri Jan Dhan Yojana (PMJDY), has brought 530 million adults into the banking system over the past 10 years, as announced on its 10th anniversary. Recognised as the world’s largest financial inclusion initiative, the scheme has significantly expanded access to financial services. A key aspect of the scheme […]

Indian cabinet greenlights 12 industrial smart city projects

NEW DELHI: Indian Cabinet Committee on Economic Affairs approved 12 new industrial smart city projects. These projects, part of the National Industrial Corridor Development Programme, involve an estimated investment of ₹286.02 billion (AED12.51 billion). They are strategically planned across 10 states along six major corridors, marking a significant advancement in India’s efforts to boost its […]

India bio economy to reach $300bn by 2030 policy

NEW DELHI: India bio economy has surged 13 times in ten years and is expected to double its current size by 2030, according to Jitendra Singh, Minister for Science and Technology. He announced the new Biotechnology for Economy, Employment, and Environment (BioE3) policy, which aims to boost this growth. The policy targets expanding the bio […]

Pakistan’s green initiatives revitalise forestry, wildlife

ISLAMABAD: Pakistan is actively working to restore its forestry and wildlife resources through ambitious green initiatives. As stated by Azam Nazir Tarar, Law and Justice Minister, the country is implementing the Green Pakistan-Upscaling Programme Phase-I, a significant project valued at Rs 125.1843 billion. According to Associated Press of Pakistan (APP), the programme has successfully planted, […]

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