Home and world corporations are lining up in India with patent functions in rising applied sciences. Up to now 5 years, 80,000 functions have been filed in areas similar to AI, IoT, and cyber safety, amongst others. Learn extra on that in at the moment’s prime 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 immediately take an appointment or walk-in to any Covid-19 vaccination centre to get their jab, the federal government mentioned.
The recent pointers got here as because the each day Covid-19 instances in India soared previous the 100,000 mark on Friday, the best in seven months. India additionally requested all worldwide passengers to bear a seven-day home-quarantine, and take a look at on the eighth day. Read more
India climbing up the ladder of rising tech patents, reveals knowledge
The IP regime is exploding with patent functions. Home and world firms 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.
In response to knowledge from world IP analysis and consultancy agency Sagacious, 5,000 patents have been filed in AI in India within the decade 2011-2020. However of those, 86 per cent have 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 degree, 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: Not less than 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 faux cryptocurrency known as Morris Coin that floated an “preliminary coin providing” much like an preliminary public providing.
Although the investigating companies peg the rip-off’s measurement at Rs 1,265-crore, victims, pin stockists who have been a part of the Morris Coin staff, attorneys who’ve been battling the case in courts for over two years, and police officers point out that at the very least 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
Honest 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 important position 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 technique of figuring out a good distribution of income amongst all stakeholders,” CCI mentioned. Read more