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NITI Aayog, along with the Institute for Competitiveness, has released the second edition of the India Innovation Index 2020 through a virtual event on Wednesday.Karnataka retained its top position in the ‘Major States’ category, while Maharashtra moved past Tamil Nadu to reach the second place. Telangana, Kerala, Haryana, Andhra Pradesh, Gujarat, Uttar Pradesh and Punjab occupied the top ten in that order.Karnataka’s rank is attributable to its substantive number of venture capital deals, registered geographical indicators and information and communications technology exports. Karnataka’s high Foreign Direct Investment (FDI) inflow has also enhanced the innovation capabilities of the state. Four southern states —- Karnataka, Tamil Nadu, Telangana and Kerala —- occupied the top five spots under the ‘Major States’ category for 2020.While Telangana retained its position at 4th in the list of major states, Andhra Pradesh, which figured at … [Read more...] about India Innovation Index 2020: Delhi tops overall, Karnataka leads major states and Himachal tops NE

Pune Police Commissioner Amitabh Gupta, who reached the spot, said: “At 2:45, the SII got information of a fire that had erupted on the fourth-fifth floor of a building at the SII complex in Gopal Patti. No production was going on that floor. As per the SII, there is no problem or threat of fire whatsoever to their COVID-19 vaccine unit. Further investigations are under way.” … [Read more...] about 5 dead after major fire hits Serum Institute of India’s Gopal Patti plant in Pune

“The policy to eliminate the level crossings has been taken to avoid mishaps which not only endanger railway assets but also cause unsafe situations to road users. This is being done through LHS, RUBs and Road Over Bridges (ROBs) with co-operation of governments,” he said on Wednesday … [Read more...] about SCR Hyd. division removes 11 level crossings in 8 months

“The biotechnology-based centre will prove to be highly beneficial for youth working on medical research. The State government is committed to developing industries and has given priority to latest inventions and research programmes,” Mr. Goutham Reddy said, recalling MedTech Zone’s journey in recent years in research, innovation and technology, new inventions and manufacturing medical equipment. … [Read more...] about ‘Skill Vignan Centre’ opened at MedTech zone

The Covid-19 pandemic has created impacted the insurance industry and ushered a fast change on how the sector evolves. A report by Synergy reveals the top factors shaping up for 2021 are focus on Health & Life products, change in regulatory landscape and focused digital engagement. According to the report, while most of the insurers in Asian region faced operational challenges but were able to quickly adopt remote capabilities and stayed focused on settling claims on time. The report said, “50% of the Insurers ranked process enhancements, digital enhancements and automation as high priority initiatives that will continue for the first 6 months of 2021. Initiatives geared towards ‘bottom line management’ is clearly coming out as a trend for 2021.”Commenting on the impact of the pandemic on the Insurance industry, Pradeep Satya, Founder & CEO, Synergy said, “The Insurance industry has quickly moved to accept the reality that embracing digital is the … [Read more...] about Insurance industry to transition from ‘Adaptive to Resilient’: Synergy