Kautilya

India Could be the Third-Largest Economy in the Next Decade; MFs may be One of the Major Beneficiaries

India could be the world’s third-largest economy in the next decade, and the mutual fund industry may be a significant recipient of this transformation. The mutual fund industry is worth Rs 38 Lakh crore (US$ 510 billion) of asset under management. The largest AMC is a vintage Indian name in the Mutual Fund industry. The rise of this vintage name was inspirational as they explored the Branch Networking concept to its fullest and reaped the benefits of the same.

The Mystery Behind the High Abundance of Lithium in Some Evolved Stars Traced

Mr. Deepak from the Indian Institute of Astrophysics (IIA) Bangalore, an autonomous institute of the Department of Science & Technology (DST), Government of India and Professor Emeritus David L. Lambert from the University of Texas at Austin and an Honorary Fellow of IIA Bangalore have for the first time confirmed that all the lithium-rich stars are burning helium in their core. They speculated in their paper published in the journal MNRAS that lithium production is linked to the violent helium-core flash.

Usage of Anti-Diabetics Ayurvedic Drug Bgr-34

The drug BGR-34 is available to the patients in the country since 2015.The formulation was developed and required scientific studies were carried out by National Botanical Research Institute (NBRI) and Central Institute of Medicinal and Aromatic Plants (CIMAP), research units functioning under Council of Scientific and Industrial Research (CSIR). The tests include standardization, product validation on the basis of modern scientific parameters, antioxidant activity determination, optimization of herbal components for best activity, assessment of anti-diabetic activity and safety studies etc.

Admiral Hari Kumar is the New Indian Navy Chief

Admiral R Hari Kumar on Tuesday took over as India’s new navy chief, replacing Admiral Karambir Singh who has retired. The 59-year-old officer was commissioned into the executive branch of navy in January 1983 and was heading Mumbai-based Western Naval Command before his elevation.

Ather Energy Commissions Second Plant, to Invest INR. 650 Crore in 5 Years

Ather Energy has commissioned its second manufacturing facility in Hosur to satisfy to the growing demand of its electric scooters, the 450X and 450 Plus, the firm stated in a statement. The company plans to manufacture 400,000 units per annum, a significant jump from its current capacity of 120,000 units. Ather Energy had set up its first manufacturing facility at Hosur prior this year. With this capacity expansion, Ather is on its path to becoming the country’s largest EV producer by next year, it stated in a statement.

Development of Kaveri Engine

Kaveri engine project has achieved higher Technology Readiness Level (TRL) in many critical technology domains and those technologies are being used in the various engine development programmes of the country.  Further the engines are used as test vehicles for validating next generation technologies.