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Speaking at the occasion, the Minister for Youth Empowerment, Sports, and Tribal Welfare B. Nagendra emphasized the importance of research as the cornerstone of addressing various societal challenges. The government of Karnataka is placing significant emphasis on research and development with the establishment of the Karnataka Research Foundation, and it welcomes investments from companies like Vizzhy Inc in the R&D sector with full government support.

Nestle UK has declared that it will discontinue a beloved chocolate bar, and fans are thinking of a riot. Many people have loved Caramac for their entire lives, but the business decided to discontinue it since it wasn't as popular as other products in its line. As a result, some people are now requesting that the candy firm change its mind. Since the chocolate bar with caramel foundation first hit store shelves in 1959, Generation X and later generations have found it to be a mainstay.

Set for go-live in 2024, the custody service will complement HSBC Orion, the London-based bank’s platform for issuing digital assets, as well as a recently introduced offering for tokenized physical gold, HSBC said in a statement. “We’re seeing increasing demand for custody and fund administration of digital assets from asset managers and asset owners, as this market continues to evolve," says Zhu Kuang Lee, chief digital, data and innovation officer, Securities Services, HSBC.

Axon (AXON), a company specializing in law enforcement technology, reported better-than-expected financial results for the third quarter of the year.

Modi said on Wednesday that the rise in patent applications in India demonstrate the rising innovative zeal of its youths and is a very positive sign for the times to come. He was reacting to a World Intellectual Property Organization report which said patent applications by residents of India grew by 31.6 per cent in 2022, extending an 11-year run of growth unmatched by any other country among the top 10 filers. China, the US, Japan, South Korea and Germany were the countries with the highest numbers of patent filings in 2022, it said. While innovators from China continue to file nearly half of all global patent applications, the country's growth rate dipped for a second consecutive year from 6.8 per cent in 2021 to 3.1 per cent in 2022, it said, while noting India's growth. Modi said on X, «The rise in patent applications in India demonstrate the rising innovative zeal of our youth and is a very positive sign for the times to come.»

In the fluid realm of digital currencies, Bitcoin‘s valuation has taken a modest uptick, registering a 1.20% climb to reach $35,365 on Wednesday. Amidst this nuanced shift in market dynamics, notable developments have surfaced. Custodia Bank, spearheaded by the astute Caitlin Long, is pioneering a novel Bitcoin custody platform, poised to enhance security for Bitcoin holdings.

FMCG maker Dabur India, armed with a cash reserve of Rs 7,000 crore, is scouting for acquisition opportunities in healthcare and home & personal care segments, according to its CEO Mohit Malhotra. Besides, Dabur is looking for acquisition opportunities in the online space, and with several D2C (Direct to Consumer) brands operating in it, it finds the valuation «more reasonable» now and will pursue it if it finds a suitable one for growth, he said. The company is scaling its presence in the online space, which includes e-commerce channels and D2C business, where it plans to introduce more innovations under existing brands and through inorganic opportunities. «We are introducing innovations there. Those innovations are coming on the back of existing brands and these innovations will come on the back of some new brands that we might launch or we are looking at an acquisition for a new brand,» Malhotra told PTI. The company would pursue organic growth with new brand launches in skin care and premium skin care, and the rest would be through acquisitions. «We do not want to do any organic new brand launches with the exception of skincare and premium skincare that we are not present in.

ET 30 Future Unicorns of Delhi-NCR report. Eminent keynote speakers Jeet Vijay, CEO of MEITY Startup Hub and Geetika Dayal, Executive Director of TIE Delhi-NCR, were joined by ET Editors Samidha Sharma, Editor — ET Startups and Tech and Miloni Bhatt, Editor — Digital Broadcast, Economictimes.com, as they took the stage to unveil the report.

Bhagavad Gita, the Ramayana, and the Upanishads, as well as the wisdom of the legendary Chanakya, a TOI report stated. In a first for this educational institution, students will delve into the smart managerial strategies employed by industry stalwarts such as JRD Tata, Azim Premji, Dhirubhai Ambani, Narayan Murthy, Sunil Mittal, and Birla. Additionally, the students will be guided in the practice of Ashtanga Yoga, a discipline aimed at helping them maintain composure during challenging situations. This innovative course has already commenced with an initial enrollment of 26 students.

Adani Green, a unit of the Adani Group, has announced a substantial investment of $750 million in Sri Lanka's power sector, as revealed by Adani Ports and Special Economic Zone (SEZ) CEO, Karan Adani, in an exclusive interview with ET Now. The decision is aimed at bolstering Sri Lanka's energy infrastructure and promoting the transition to cleaner and more sustainable sources of power. Sri Lanka, like many nations, is prioritizing the development of its energy infrastructure to meet the growing demand for electricity while reducing the environmental impact.

Retirement planning comprises two phases. The first phase is of accumulation, which is the phase when one is creating the corpus from which one can then dip into for the second phase which is income generation for life after retirement. Planning for both phases is important for effective retirement planning.

President Biden rightly says the U.S. is in a technological arms race with China. Then why is he ordering an across-the-board government intrusion into artificial intelligence (AI) that will slow American innovation? “To realize the promise of AI and avoid the risks, we need to govern this technology, not—and there’s no other way around it, in my view.

personal-care brand WishCare has received Rs 20 crore in its first institutional round of funding from Unilever Ventures, the venture and growth capital arm of Unilever. “The company aims to channel these funds towards amplifying research and development capabilities and focusing on formulating high-efficacy products fortified with clinically tested ingredients,” WishCare said in a statement.

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NCC, Som Distilleries and Breweries and Allsec Technologies. The brokerage house suggests buying these stocks and adding on dips for a time horizon of two to three quarters. Also Read: Alkem Laboratories share price rallies over 11% in two days after Q2 results beat estimates; brokerages raise target Here are fundamental picks by HDFC Securities: NCC has a well‐diversified order book, robust execution capabilities, strong focus on debt reduction and improvement in working capital.

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SS&C, a global provider of services and software for the financial services and healthcare industries, announced a new client relationship management technology last week that aims to “redefine the advisor experience.”

deja vu with the launch of Bharat Atta in 2023. It’s as if the world’s fastest-growing large economy is suddenly regressing to a past socialistic pattern – one in which the state produced and sold Hindustan Salt, Hindustan Machine Tools (HMT) and Modern Bread. The government must draw a line beyond which it will not intervene in the economy, especially in the food sector, the distorting impact of which is well recognised.

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Financial intelligence company Moody’s Analytics is launching a new AI service that can predict stablecoin depeggings while providing real-time insights about stablecoin issuers’ liquidity and stability.