India is accelerating the development of its polymer-based industrial ecosystem through the expansion of Plastic Parks, aimed at strengthening domestic plastic manufacturing, attracting investment, and promoting sustainable practices. The initiative, overseen by the Department of Chemicals and Petrochemicals, is being implemented under the New Scheme of Petrochemicals. As part of the scheme, the government supports […]
The Quick Estimates of the Index of Industrial Production (IIP) for February 2025 show a growth rate of 2.9%. This is a decrease from the 5.0% growth recorded in January 2025. The IIP is an important indicator of the industrial performance of the country, and these estimates are compiled based on data received from various […]
US President Donald Trump has announced a pause on the implementation of most of his reciprocal tariffs. He explained the decision by saying that people were “getting yippy and a little bit afraid.” The pause lowers tariffs to 10 per cent and applies to imports from all trading partner countries that have not imposed retaliatory […]
As the dust begins to settle down on President Donald Trump’s latest tariffs, speculation is growing over his next move. With the dollar as the world’s reserve currency, Trump has powerful tools to pressure allies—credit access, dollar funding, and payment systems, which may be wielded as powerful weapons to subject compliance from foes and allies […]
The U.S. Copyright Office has released Part 2 of its Report on Copyright and Artificial Intelligence, addressing the copyrightability of AI-generated works and reaffirming that human authorship remains essential for copyright protection in the United States. The report, a continuation of the Office’s AI initiative launched in early 2023, clarifies the level of human involvement […]
OpenAI’s ChatGPT has seen a sharp rise in its paid subscriber base, climbing to over 20 million from 15.5 million in the past quarter, according to a report by The Information. The 30% increase in users has propelled an estimated monthly revenue boost from $333 million to $415 million. The surge comes on the heels […]
The Lok Sabha witnessed intense discussions on the Waqf Amendment Bill 2024, as Law Minister Kiren Rijiju introduced the legislation. The bill aims to streamline the administration of Waqf properties, which are religious endowments under Islamic law. The debate quickly turned partisan, with the Congress party raising concerns about the potential impact of the bill […]