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Patent filings by startups and MSMEs have increased by 310 per cent in the last 5 years from 1,492 in 2018-19 to 6,120 in 2023-24, an official said on Thursday.
N Ramchander, Joint Controller, Controller General of Patents, Designs and Trademarks, further shared that in about three years over 2.4 million students and faculty across India have been educated about IP rights through the National Intellectual Property Awareness Mission launched in 2021.
Addressing an event organised by ASSOCHAM, he informed that the filing of patent applications in India has surged by 116 per cent rising from 42,763 in 2014-15 to 92,172 in 2023-24.
"Patent grants have been an even more remarkable increase of 1,624 per cent, jumping from 5,978 in 2014-15 to 103,057 in 2023-24. India has seen biggest change in resident and non-resident distribution over past 10 years with the share of resident filling increasing from 24.8 per cent in 2013 to 60 per cent in 2024," said N Ramchander.
India's IPR policy has

India's IPR policy has provided a comprehensive framework for IP creation, protection and commercialisation but continuous evaluation and updation are necessary

The net premium income of the life insurer slipped by 5 per cent year-on-year (Y-o-Y) to ₹23,860.71 crore in the reporting quarter

The range of AI PCs are part of HP EliteBook, HP ProBook, and HP OmniBook series. The new range is powered by processors from Intel, AMD, and Qualcomm

Nintendo Switch 2 will maintain the launch pricing. This is a significant development as the Japanese gaming company finds itself at a crossroads due to the recent US tariff announcement

Indian carriers had lost over Rs 540 crore due to Pakistan's airspace closure between February 26 and July 2, 2019, after the Balakot strikes

Turning aspirations into achievements, the Jamia Millia Islamia (JMI) university's Residential Coaching Academy (RCA) has once again proven to be a beacon of hope for civil service aspirants as a total of 32 students trained there have cleared the Union Public Service Commission (UPSC) Civil Services Examination 2024, one of the most competitive exams in the country.
Of the 78 candidates from theA who reached the interview stage, 32 made it to the final selection list, according to a statement issued by the JMI.
Twelve among them are women, reflecting theA's strong emphasis on inclusive and gender-responsive education, the statement said.
Alfred Thomas emerged as the academy's top performer this year with an All India Rank (AIR) of 33. He was followed by Iram Choudhary (AIR 40) and Ruchika Jha (AIR 51), all of whom have earned praise for their inspiring journeys.
Speaking exclusively to PTI, Jha said, "The Jamia Millia IslamiaA gave me a healthy competitive environment to push myse

Twelve among them are women, reflecting theA's strong emphasis on inclusive and gender-responsive education, the statement said

The Mumbai Metropolitan Region Development Authority (MMRDA) on Friday presented a Rs 40,187 crore-budget for the megapolis.
Infrastructure spends across projects have been pegged at Rs 35,151 crore or 87 per cent of the overall expenditure, as per an official statement. The revenues have been estimated at Rs 36,939 crore, and the body chaired by Deputy Chief Minister Eknath Shinde will be borrowing Rs 22,000 crore.
This will result in a budget deficit of Rs 3,249 crore, which the body plans to bridge through land sales, issuance of bonds, financial assistance from the government, and loans from financial institutions, the statement said.
The ongoing metro line projects have been earmarked Rs 10,969 crore of expenditure in the new fiscal, which is a fourth of the overall expenditure..
Over Rs 5,697 crore have been allotted for multiple tunnel projects which are going across the megapolis, with Rs 2,684 crore earmarked for the four-lane road running under the Sanjay Gandhi National 

Infrastructure spends across projects have been pegged at Rs 35,151 crore or 87 per cent of the overall expenditure, as per an official statement

The Rajya Sabha on Thursday returned the Finance Bill 2025 to the Lok Sabha, along with 35 government amendments, including one that abolishes a 6 per cent digital tax on online advertisements, thus completing the 2025-26 budgetary exercise that started on February 1.
The House also returned the Appropriation Bill (3) with a voice vote.
Earlier in the day, Finance Minister Nirmala Sitharaman had moved the two bills in the House.
The Lok Sabha had passed the Finance Bill on March 25 and passed the Appropriation Bill on March 21.
Replying to the debate later in the evening, she said the tendency of the finance ministry would be to exercise caution and not let go of revenues.
"But, here we wanted to use this opportunity to show our respect for Indian taxpayer. We have moved towards setting Rs 12 lakh as threshold up to which no one will have to pay any tax," Sitharaman said.
The Union Budget 2025-26 envisages a total expenditure of Rs 50.65 lakh crore, an increase of 7.4 per cent ov

The Union Budget 2025-26 envisages a total expenditure of Rs 50.65 trillion, an increase of 7.4 per cent over the current fiscal

Russia-Ukraine War

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Google Messages

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Blend launches Blend Studio: AI tool for ecommerce photography

New Delhi [India], March 16 (ANI/PNN): Blend, an AI-powered design and photography application for DTC brands and ecommerce sellers, recently launched Blend Studio - the Chat GPT for product photos.

Celebrity and Travel Photographer Rahul Lokare from Flamingo Productions creates waves of change in the world of photography.

Xiaomi 13 Pro

Priced at Rs 79,999 for the 12GB RAM and 256GB on-board storage, the Xiaomi 13 Pro offers a novel imaging experience on top of a premium package

Stocks, Gold, Bitcoin: Where should you invest?

What should be your stock market investment strategy for the rest of 2024? Should you invest in stocks, gold, or Bitcoin? Watch the video to know what experts suggest.

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