Latest news with #InnovationHub
Time of India
10 hours ago
- Business
- Time of India
Critical minerals push: 5 policy pillars proposed for India's rare earth self-reliance
AI image India is stepping up efforts to secure its rare earth supply chain, a key element for clean energy expansion and electric mobility growth. A report by global consulting firm Primus Partners, 'From Extraction to Innovation', outlines a detailed plan to achieve self-reliance in rare earth magnets under the government's Viksit Bharat vision, reported ANI. The report recommends five main policy measures. These include creating market certainty through long-term price assurance for NdPr oxide and NdFeB magnets, along with structured offtake agreements to encourage investment and stimulate domestic demand. It also proposes setting up pilot hubs in mineral-rich states and supporting a handful of industrial leaders to scale up advanced magnet manufacturing. Other suggestions include boosting monazite mining, refining rare earth oxides, and expanding NdPr production through Indian Rare Earth Limited (IREL), alongside building a national magnet buffer stock. A National Rare Earth Innovation Hub is proposed to link industry and academia and foster global technology transfer. To ensure coordination, the report calls for a Magnet Ecosystem Coordination Cell under Niti Aayog or DPIIT. The Union Budget 2024-25 has already given policy momentum by removing or reducing customs duties on critical minerals and rare earths. According to the report, this will 'reduce input costs, promote domestic manufacturing, and enhance export competitiveness,' with direct benefits to the electric mobility sector. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Retro Lanterns: A Halloween Staple topgadgetlife Shop Now Undo India's efforts come amid China's dominance in the market, producing 85–95% of global rare-earth magnets. Export restrictions from Beijing have caused global supply disruptions, while India's imports of rare earths have grown. IREL recently commissioned a Rs 197 crore Rare Earth Permanent Magnet facility in Visakhapatnam with a capacity of 3,000 kg per year, putting India among the few nations with such manufacturing capabilities. The country is also developing domestic sources in Jammu and Kashmir, Rajasthan, Jharkhand, and Karnataka, and KABIL has forged partnerships with mineral-rich nations to secure supply. With a target of 30% electric vehicle penetration by 2030 and net-zero emissions by 2070, the report warns of rising demand. 'Each EV requires 1–2 kg of NdFeB magnets… India's demand is projected to rise to 7,154 tonnes by 2030,' it noted, adding that these magnets are also crucial for renewable energy, defence, electronics, and industrial automation. Stay informed with the latest business news, updates on bank holidays , public holidays , current gold rate and silver price .
Yahoo
a day ago
- Sport
- Yahoo
LA28 marks 3 years to Paralympics with new emblems
LA28 unveiled two new Paralympic emblems to mark three years out from the first Los Angeles Paralympic Games. One custom emblem — named Relentless Reinvention — has "a pixelated kaleidoscope of ideas that converge to create a transformed and multifaceted version of oneself - one that pushes the boundaries of what seems possible and reaches again and again for greatness," according to LA28. Another custom emblem — named Innovation Moonshot — tries "as many keys as possible until one unlocks full potential and maximum creativity." It "recognizes Los Angeles as a global hub of innovation - a city that continues to redefine what's possible, making it a driving force for progress and transformation." 'With just three years to go, LA28 remains steadfast in our commitment to deliver an unforgettable Paralympic Games in Los Angeles for the very first time in history,' LA28 Chief Executive Officer Reynold Hoover said in a press release. 'The LA28 Paralympic Games will be an incredible opportunity to reshape the conversation around individuals with disabilities within the sports world and beyond and has the capacity to serve as a catalyst for progress, inclusivity and global recognition of the world's third largest sporting event.' Back in 2020, LA28 launched an unprecedented logo design — one that allows for an infinite number of emblems. Each one has a foundation of a black L, 2 and 8 with an A of personal choice and design. On Aug. 15, 2028, the first Paralympics to be held in Los Angeles will begin with an Opening Ceremony at SoFi Stadium. While LA previously hosted the Olympics in 1932 and 1984, the Paralympic Games did not start regularly following the Olympics in the same host city until 1988. The LA Paralympics will feature 560 medal events across 23 sports, including the debut of Para climbing. The venue plan calls for all of the competition sites to be within a 35-miles radius. After the Opening Ceremony at SoFi Stadium, medal events will be held at LA venues including the Coliseum (track and field), Arena (wheelchair basketball) and USC's Galen Center (badminton and wheelchair rugby). Competition will also be held in Long Beach, Carson and Arcadia. Ezra Frech talks 2028 Paralympic promise, 'Adaptive' doc series on TODAY Ezra Frech won two gold medals in Paris. He wants to up the ante in Los Angeles. Nick Zaccardi,
Zawya
3 days ago
- Business
- Zawya
Bitget secures DIFC innovation license aligned with its MENA expansion strategy
Dubai — Bitget, the world's leading cryptocurrency exchange and Web3 company, has been granted the DIFC Innovation License by the Dubai International Financial Centre (DIFC), in line with its expansion strategy across the Middle East and North Africa region. The DIFC Innovation License provides companies access to one of the region's most progressive financial hubs, enabling Bitget to operate within a supportive framework that encourages responsible fintech innovation. As part of the DIFC Innovation Hub, Bitget now joins a dynamic ecosystem of over 700 fintech and blockchain firms, positioning itself at the forefront of digital asset adoption in the UAE and beyond. The license will enable Bitget to collaborate with regional partners, develop localized solutions, and explore talent and infrastructure opportunities both in Dubai and across the MENA landscape. It also allows the company to deepen market research and product testing for both retail and institutional audiences, setting the foundation for its potential full regulatory licensing under the Virtual Assets Regulatory Authority (VARA) in Dubai in the future. The move comes amid a surge in digital asset interest across the MENA region. In 2025, MENA continues to rank among the fastest-growing crypto markets, with the UAE and Saudi Arabia leading adoption. Dubai has emerged as a key blockchain hub, driven by progressive regulation and rising investor activity. Bitget's presence in DIFC places it at the center of this momentum, close to policymakers, venture capital, and strategic partners. 'This license is a part of Bitget's long-term strategy to localize operations and become part of MENA's growing financial infra,' said Gracy Chen, CEO at Bitget. 'The region's stance on Web3 makes it a natural base for our regional activities. Through DIFC, Bitget aims to build further trust with users and partners in the Middle East.' The license aligns with Bitget's broader efforts to expand its global compliance footprint. Over the past year, the exchange has secured licenses and registrations in several jurisdictions, including El Salvador, Argentina and Lithuania, Czech Republic, Bulgaria, Georgia (Tbilisi Free Zone) and Poland, while actively working with local regulators across the Latin America and Southeast Asia regions. Establishing a strong ground in Dubai signals the company's intent to build deeper institutional relationships and offer crypto products that meet local preferences and legal standards. As Bitget continues to scale its presence in the UAE, the DIFC license allows it to test and refine products such as AI-driven trading bots, localized fiat onramps, and crypto payment integrations all within a structured sandbox environment. Whilst the DIFC Innovation License is not a virtual asset license but a commercial license only, it facilitates closer collaboration with other Web3 startups and technology providers operating within the DIFC ecosystem. With MENA projected to see accelerated growth in crypto transactions, remittances and tokenized real-world assets (RWAs), Bitget's strategic entry into the DIFC community signals confidence in the region's long-term relevance to the digital asset economy. The company will continue to evaluate licensing options under the Virtual Assets Regulatory Authority (VARA) in Dubai and with other regional authorities as part of its multi-tiered compliance and licensing strategy. The DIFC Innovation License, meanwhile, strengthens Bitget's visibility and legitimacy in the Gulf, creating a launchpad for regional partnerships, educational initiatives and regulatory dialogue. About Bitget Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 120 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Bitget Wallet is a leading non-custodial crypto wallet supporting 130+ blockchains and millions of tokens. It offers multi-chain trading, staking, payments, and direct access to 20,000+ DApps, with advanced swaps and market insights built into a single platform.
Time of India
24-07-2025
- Science
- Time of India
Industrial-grade innovation hub opens in Kanpur
Kanpur: Allenhouse Public School Room on Thursday inaugurated Kanpur's first industrial-grade composite skilled lab- The Innovation Hub, at its school premises. Mukhtarul Amin, chairperson Superhouse Group, officially unveiled the Innovation Hub and expressed that this state-of-the-art facility is set to redefine the educational landscape by offering a holistic approach to science, technology, engineering, arts, and mathematics education. This would be proved as a game-changer. The event commenced with a air show captivating all guests with a helicopter flower drop, aircraft banner towing, helicopter fly, Chandrayan fly, and breathtaking aircraft acrobatics. After inauguration, students presented a diverse range of projects and demonstrated other equipment available in the lab. tnn
Fibre2Fashion
11-07-2025
- Business
- Fibre2Fashion
Functional Fabric Fair to return to New York City this July
Functional Fabric Fair, powered by PERFORMANCE DAYS, will return to the Javits Center in New York City, bringing together the textile industry's most influential professionals and innovators to source, network and learn. Functional Fabric Fair returns to NYC's Javits Center, July 21â€'23, 2025, featuring 150+ sustainable exhibitors, Expert Talks, and networking events. Kicking off with the Day 0 Sustainability Workshop, the fair offers key insights on sourcing, innovation, and responsibility. Highlights include FFE Innovation Hub, Trend Forum, and sessions on tariffs, 3D design, and more. This year's edition will kick off with the debut of the Day 0 Sustainability Workshop on Monday, July 21, a full-day conference designed to equip participants with critical knowledge and actionable strategies for advancing sustainability in the global textile supply chain. Following Day 0, the exhibition hall will open on July 22 and 23, which will include wide range of sessions open to all attendees at the Expert Talks stage as well sourcing from over 150 sustainable exhibiting companies and networking opportunities. Day 0 Sustainability Workshop: July 21 Kick off your week with the workshop that's generating real change across the textile supply chain. The Day 0 Sustainability Workshop is where the future of responsible innovation begins—and if you're serious about sustainable sourcing, this is the room you need to be in. Curated by renowned industry experts Jill Dumain, Founding Partner of Fractional CSOs; Todd Copeland, Founder & Owner of Copeland Consultancy LLC and Kevin Myette, Director of Global Brand Services of bluesign technologies— this full-day event delivers unfiltered insights, hands-on learning, and real-world strategies to help you lead with impact. You'll walk away with a sharper understanding of: Sustainable materials + design Supply chain complexity Climate action and water use Human rights and chemical responsibility Circularity, traceability, and more Open to all attendees, exhibitors, and students—but capacity is limited to keep the experience focused and high-value. Separate registration is required. This is your moment to lead the shift. Don't sit this one out. Expert Talks: July 22–23 Sponsored by CovationBio bioPTMEG, After Day 0, the excitement continues as the exhibit hall opens and the crowd-favorite Expert Talks stage comes to life—welcoming all attendees. Join industry leaders and creative minds as they dive into the future of functional textiles, sharing fresh perspectives on color and trend forecasting, global sourcing, breakthrough innovations, and cutting-edge design. Expert Talks Highlights Day 1 – Tuesday, July 22 'PERFORMANCE COLORS: The Full Picture of Summer 2027' – Nora Kühner, Independent Fashion and Design Consultant 'The World of Tariffs, Trade, and Sourcing Under Trump 2.0' – Rick Helfenbein, Former Chairman, President & CEO, American Apparel & Footwear Association (AAFA) Day 2 – Wednesday, July 23 'Women for Women's Wear: Is the Future of Sustainable Fashion Female?' – Patricia Langan, Founder, Women for Women's Wear '3D Garment Development with Diversity: Matching Avatars to Real Bodies' – Jaime Griggs and Dr. Jan Beringer, Hohenstein Additional sessions will cover navigating certifications, decoding tariff policy, advancing inclusive innovation, and celebrating women leaders in textiles and fashion. Special Features & Networking Future Fabrics Expo (FFE) Innovation Hub: Functional Fabric Fair proudly joins forces with Future Fabrics Expo to debut the FFE Innovation Hub in New York City. This powerful collaboration brings a curated collection of sustainable, tech-forward suppliers to a dedicated space on the Mezzanine before entering the exhibit hall—spotlighting the latest in responsible sourcing and material innovation. FFE will also take the stage during Expert Talks on Wednesday, July 23 at 2:00 p.m., sharing exclusive insights and driving the sustainability conversation forward. Functional Fabric Fair proudly joins forces with Future Fabrics Expo to debut the FFE Innovation Hub in New York City. This powerful collaboration brings a curated collection of sustainable, tech-forward suppliers to a dedicated space on the Mezzanine before entering the exhibit hall—spotlighting the latest in responsible sourcing and material innovation. FFE will also take the stage during Expert Talks on Wednesday, July 23 at 2:00 p.m., sharing exclusive insights and driving the sustainability conversation forward. Trend Forum: A visual sourcing displays featuring 12 key fabric categories, with exclusive, 100% sustainable fabric samples available via QR code scan and free sample requests. A visual sourcing displays featuring 12 key fabric categories, with exclusive, 100% sustainable fabric samples available via QR code scan and free sample requests. Happy Hour: Join the community at the Expert Talks stage, Tuesday, July 22 from 5–6 p.m., sponsored by Sorona. Join the community at the Expert Talks stage, Tuesday, July 22 from 5–6 p.m., sponsored by Sorona. AATCC Social in the City: AATCC is pleased to announce its partnership with Functional Fabric Fair and Brookwood Companies to host "Social in the City," taking place on Tuesday, July 22, from 6:30-8:00 p.m. at Cedric's at the Shed in New York City. This ticket-only gathering offers textile professionals a unique opportunity to connect with peers, industry leaders, and innovators in a relaxed, social setting. Attendees will enjoy complimentary drinks and light refreshments while building valuable connections within the textile community. Interested professionals can secure their tickets by visiting the AATCC booth or Brookwood Companies booth onsite at the fair. AATCC is pleased to announce its partnership with Functional Fabric Fair and Brookwood Companies to host "Social in the City," taking place on Tuesday, July 22, from 6:30-8:00 p.m. at Cedric's at the Shed in New York City. This ticket-only gathering offers textile professionals a unique opportunity to connect with peers, industry leaders, and innovators in a relaxed, social setting. Attendees will enjoy complimentary drinks and light refreshments while building valuable connections within the textile community. Interested professionals can secure their tickets by visiting the AATCC booth or Brookwood Companies booth onsite at the fair. Complimentary Coffee: Sponsored by Coloro, open daily on the Mezzanine for networking and recharge moments from 8:30 a.m. – 11:00 a.m.. 'Functional Fabric Fair is committed to providing the foundation the industry needs to thrive—through education, sourcing, and meaningful connections,' said Steve McCullough, Event Vice President. 'This year's program is more relevant than ever, offering real solutions at the intersection of performance, responsibility, innovation, and community.' Recognized as the premier trade-only sourcing event in the U.S. for high-performance functional fabrics and textile innovation, the Functional Fabric Fair Summer 2025 edition is where the future of performance textiles and fashion design takes shape, will feature more than 150 sustainability-certified suppliers presenting materials and technologies geared toward the Summer 2026/2027 seasons. This trade-only event is free for verified designers, product developers, purchasing agents, material and sustainability sourcing professionals and students in the outdoor, performance, fashion and lifestyle apparel sectors. Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged. Fibre2Fashion News Desk (HU)
