Anil Ambani-run Reliance Group said on Wednesday it would jointly develop solar and hydro power projects in Bhutan along with the government's investment arm.

The Indian conglomerate, run by the younger brother of Asia's richest man Mukesh Ambani, will form a new subsidiary that is equally owned by Mumbai-listed units Reliance Power and Reliance Infrastructure.

The subsidiary will develop 500 megawatts of solar power projects and 770 megawatts of hydro power projects with Bhutan's Druk Holding and Investments.

Utkarsh Small Finance Bank on Thursday said the Reserve Bank of India has approved the reappointment of Parveen Kumar Gupta as Non-Executive Chairman.

Gupta retired as a Managing Director of State Bank of India, after working for 38 years in India and abroad, the bank said in a regulatory filing.

He was also associated with Bank of Baroda as a senior advisor post-retirement.

Prime Minister Narendra Modi virtually inaugurated the ‘Lal Tipara Gaushala’ with a Bio-CNG plant in Gwalior and launched various development projects of ₹685 crore in Madhya Pradesh on the occasion of Swachhta Diwas on Wednesday (October 2, 2024).

Swachhta Diwas is observed on the occasion of Gandhi Jayanti (October 2) every year.

“The ‘gaushala’, or cow shelter, with the Bio-CNG plant that can produce three tonnes of natural gas per day using 100 tonnes of cow dung, has been set up in collaboration with the Indian Oil Corporation (IOC),” an official said.

September 30: HDFC Life, one of India's leading insurers, has expanded its partnership with Sundaram Finance. Through this collaboration, HDFC Life will offer HDFC Life Group Credit Protect Plus Insurance Plans to customers of Sundaram Finance, across loan segments, including commercial vehicles, cars, and tractors.

Founded in 1954, Sundaram Finance is a listed, non-banking finance company (NBFC) known for offering a wide range of financial services and products. The company has a strong asset base, top credit ratings, and a reputation for strong values. The company has a wide-reaching network of over 700 branches across India.

HDFC Life Group Credit Protect Plus Insurance Plan is a crucial financial safeguard for a borrower. The product ensures that the borrower's liabilities do not become a burden on the family. In the event of the borrower's death, the outstanding loan amount is fully settled by the life insurer, thus sparing the family from the strain of repaying it. This assures peace of mind to the borrowers and financial security to their families. The product is designed to cater to various loan categories, offering both flexibility and convenience to borrowers and lenders alike.

Surgeon Vice-Admiral Arti Sarin on Tuesday became the first woman officer to assume charge as the Director-General of the Armed Forces Medical Services (DG AFMS), the Defence Ministry said. The DG AFMS is directly responsible to the Defence Ministry for overall medical policy matters relating to the armed forces.

“The Flag Officer has the rare distinction of serving in all three branches of the Indian Armed Forces, having served as Lieutenant to Captain in the Indian Army, from Surgeon Lieutenant to Surgeon Vice-Admiral in the Indian Navy and as an Air Marshal in the Indian Air Force,” a Ministry statement said.

Prior to assuming the appointment as the 46th DG AFMS, the Flag Officer held the appointments of DG Medical Services (Navy), DG Medical Services (Air) and Director & Commandant of Armed Forces Medical College (AFMC), Pune. She is an alumna of AFMC, Pune and was commissioned into AFMS in December 1985. She is an MD in Radiodiagnosis from AFMC, Pune, and Diplomate National Board in Radiation Oncology from Tata Memorial Hospital, Mumbai, complemented with training in gamma knife surgery from University of Pittsburgh, a Ministry statement said.

As India sets its sight on hosting the 2036 Olympics, the Army on Monday hosted a sports conclave here that serves as a crucial platform to align efforts and contribute to this national mission with a “comprehensive roadmap”.

Army Chief Gen Upendra Dwivedi, Union Minister of Labour and Employment & Minister of Youth Affairs and Sports, Mansukh Mandaviya, and Rajasthan minister Col Rajyavardhan Singh Rathore (retd) attended the event, the defence ministry said in a statement.

The Army Sports Conclave, with an emphasis on fostering collaboration with various national stakeholders, stressed the importance of drawing up collaborative strategies with the Indian Olympics Association, the Sports Authority of India (SAI) and national sports federations to enhance India’s global sporting aspirations, it said.

Union Minister of Ports, Shipping & Waterways Sarbananda Sonowal today launched the ‘Cruise Bharat Mission’ from the Mumbai port. The Union Minister of State, Shantanu Thakur also attended the launch. The Cruise Bharat Mission aims to excel in India’s vision to become a global hub for cruise tourism and promote the country as the leading global cruise destination.

Speaking at the launch, Mr Sonowal said that the mission aims to propel the country’s cruise tourism industry by doubling cruise passenger traffic by 2029. He further said that the government is committed to harnessing the tremendous potential of the Blue Economy of India.

Mr Shantanu Thakur said that the Cruise Bharat is a visionary initiative that will open new horizons, create unprecedented opportunities, and place India at the forefront of the global cruise tourism industry.

Based on research conducted at Central Drug Research Institute (CDRI), Lucknow and data from antibody-based therapies (biologics), a protein Sclerostin, has emerged as a promising drug target for treating Chronic kidney disease (CKD) induced osteoporosis as well as postmenopausal osteoporosis. Studies suggest that the protein Sclerostin plays a key role in the dysregulation of bone metabolism. In patients with advanced stages of CKD and osteoporosis, Sclerostin levels are observed to be high.

To develop oral medication through the discovery of small molecule inhibitors of Sclerostin, a collaborative research agreement was signed by Zydus Lifesciences Ltd, Ahmedabad and Central Drug Research Institute, Lucknow. Under this agreement, CDRI and Zydus will jointly undertake preclinical research. Any drug candidate emerging from the efforts will be developed by Zydus for India and other markets.

Chronic kidney disease (CKD) affects over 10% of the global population, posing significant health challenges. One of the major complications of CKD is disruption of mineral metabolism, increasing the risk of osteoporosis and fractures. Those above the age of 65, particularly women, are at higher risk. Unfortunately, most of the conventional anti-osteoporosis medications are contraindicated in patients with CKD, due to the risk of worsening renal function. Therefore, there is an urgent need to develop safe and effective drugs for osteoporosis that will reduce fracture risk without a deterioration of renal function.

“The National Quantum Mission is more than just a quantum initiative. It is a strategic investment in India's future, laying the groundwork for economic growth, job creation, and technological leadership in the quantum-driven world,” said Union Minister Dr. Jitendra Singh at the Announcement Ceremony of Thematic Hubs and Technical Groups National Quantum Mission (NQM).

Addressing the ceremony through a video message, Union Minister of State (Independent Charge) for Science and Technology, Minister of State (Independent Charge) for Earth Sciences, MoS PMO, Department of Atomic Energy and Department of Space, MoS Personnel, Public Grievances and Pensions, Dr. Jitendra Singh lauded the establishment of four Thematic Hubs (T-Hubs) comprising of 14 Technical Groups (17 Project Teams) across 17 states and 2 Union Territories. These hubs bring together a total of 152 researchers from 43 institutions, including 31 Institutes of National Importance, 8 research laboratories, one university and 3 private institutes. This initiative reflects the nation's collective ambition to lead in the rapidly evolving field of quantum technologies.

“The National Quantum Mission is a key pillar in realizing the Prime Minister Shri Narendra Modi’s vision of Atmanirbhar Bharat and Viksit Bharat 2047, reflecting our determination to be at the cutting edge of quantum technologies that will shape the future,” stressed Dr Jitendra Singh.

India on Sept. 30 launched BharatGen, an initiative to make generative AI available to citizens in different Indian languages, with Science and Technology Minister Jitendra Singh asserting that it was the world's first State-funded project of its kind.

Spearheaded by IIT Bombay under the National Mission on Interdisciplinary Cyber-Physical Systems (NM-ICPS), the initiative will create generative AI systems that can generate high-quality text and multimodal content in various Indian languages.

The initiative was launched by Principal Scientific Advisor A K Sood, Department of Science and Technology Secretary Abhay Karandikar, Department of Telecommunications Secretary Neeraj Mittal among others. The S&T Minister has sent a video message for the event.