Business Economy


Minister Jitendra Singh hails IIT Roorkee as Asia’s first engineering college and role model

New Delhi, Sep 5 (UNI) Science and Technology Minister Jitendra Singh today said, “IIT Roorkee’s nearly 240 startups-out of 1.7 lakh across India–stand testimony to its significant contribution to the country’s startup system.”
“Your nine centres of excellence, pioneering work in disaster risk, resilience and sustainability, and your deep engagement with local communities through initiatives like Vibrant Villages make you a true role model,” the Minister said while addressing the convocation at IIT Roorkee.
Noting the recognitions of IIT Roorkee the Minister highlighted that the institute has received ‘Most Innovative Institute Award by the Confederation of Indian Industry’ for the fourth year in a row, along with ‘Gatishakti Achiever Award for Excellence of Women in STEM.’
Jitendra Singh also praised the leadership of Director Kamal Kishore Pant, Deputy Director UP Singh alongside other senior faculty members in steering the institute towards academic and research excellence.
The Minister underscored India’s rise in the global startup landscape, now ranked third with 1.7 lakh registered ventures.
“This is a democratisation of opportunities, and institutions like IIT Roorkee can nurture this momentum,” he said.
Jitendra Singh also spoke about emerging opportunities in biotechnology, space, nuclear energy, and Himalayan resources.
He mentioned about government initiatives like Purple Revolution in lavender cultivation and new biotechnology policies under BioE3 (employment, environment, and economy) as examples where academia and industry can work together.
Addressing graduate students, the Minister said, “You are born in the best of times. Your destiny has given you this providential privilege, and I am sure you will make the best of the opportunities that India offers today."
UNI SAS RB 1822
More News

Tata Motors to increase prices of passenger vehicle from July 1

12 Jun 2026 | 2:50 PM

New Delhi, June 12 (UNI) The prices of Tata cars are set to be expensive as the Tata Motors Passenger Vehicles Ltd is set to increase prices of its passenger vehicle portfolio, including both internal combustion engine (ICE) and electric vehicles (EVs) by up to 1.5 per cent from July 1.

see more..

India signs MoU with Assam, Nagaland to boost Hydrocarbon exploration in Northeast

12 Jun 2026 | 1:14 PM

New Delhi, Jun 12 (UNI) The Ministry of Petroleum and Natural Gas has signed a tripartite Memorandum of Understanding (MoU) with the governments of Assam and Nagaland to accelerate domestic exploration and production (E&P) of hydrocarbons in the Northeast region.

see more..

Vipul Organics Limited Partners with Global Specialty Materials Leader OMYA for Exclusive European Distribution of Pigments

12 Jun 2026 | 12:53 AM

Mumbai, June 11 ( UNI) Vipul Organics Limited, a leading specialty chemicals company in the pigments and dyes segment announced a strategic, exclusive distribution partnership with the Swiss-based, multi-billion $, privately held, Omya Group, a global leader in the production of industrial minerals and the distribution of specialty chemicals.

see more..

Govt exempts Ethanol Blended Petrol (EBP) from central excise duties

12 Jun 2026 | 12:21 AM

New Delhi, Jun 11 (UNI) The Government on Thursday exempted Ethanol Blended Petrol (EBP) from applicable central excise duties, an official order said.

see more..

Bajaj Auto Foundation commits Rs 400 Crore through Rupa Rahul Bajaj Scholarship

11 Jun 2026 | 8:50 PM

India's largest scholarship program for women in core engineering
Pune, June 11 (UNI) Bajaj Auto Foundation, the CSR arm of Bajaj Auto Limited, on Thursday announced a landmark commitment of Rs 400 crore over the next decade to empower women engineers through the Rupa Rahul Bajaj Scholarship for Women in Engineering (RRBSWE).

see more..