Melbourne/Vadodara (PTI): The Indian men's and women's cricket teams sported black armbands in their respective matches on Friday to honour former prime minister Manmohan Singh, who died in New Delhi.

Singh, a two time former prime minister from 2004 to 2014, died at the All India Institute of Medical Sciences (AIIMS) on Thursday after losing consciousness at his home owing to age-related ailments. He was 92.

The men’s team, led by Rohit Sharma, is playing the Boxing Day Test against Australia in Melbourne.

The women's side, on the other hand, is facing West Indies in the third and final ODI in Vadodara.

"The Indian team is wearing black arm bands as a mark of respect in the memory of former PM Dr Manmohan Singh, who passed away," the BCCI said in a statement.

Singh, also a renowned economist, was the architect and the brainchild of economic reforms in 1991 that pulled India from the brink of bankruptcy and ushered in an era of economic liberalisation that is widely believed to have changed the course of India's economic trajectory.

 

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Bengaluru (PTI): Karnataka's BioEconomy has reached USD 39.2 billion in 2025, marking strong growth from previous years and reaffirming the state's leadership position nationally, according to an official report released on Monday.

The Karnataka Innovation and Technology Society (KITS), under the Department of Electronics, IT, Biotechnology and Science & Technology, unveiled the Karnataka BioEconomy Report 2025 in collaboration with the Association of Biotechnology Led Enterprises.

The report that was released by IT Minister Priyank Kharge stated that the state contributes around 21 per cent of India's BioEconomy and accounts for over 10 per cent of Karnataka's GSDP.

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According to the report, the BioEconomy has expanded from USD 31.0 billion in 2023, reflecting 26.5 per cent cumulative growth, and is now adding nearly USD 10 billion every quarter to the state's GDP.

BioPharma remains the anchor with over 40 per cent share (about USD 16.44 billion), driven by biologics, biosimilars, vaccines and diagnostics, it said.

"BioIndustrial biotechnology has emerged as the fastest-growing segment (about USD 11.46 billion, around 29 per cent share), led by fermentation-based industries, biofuels, enzymes and sustainable materials," the report stated.

BioServices accounts for about 25.8 per cent share, while BioAgri contributes to sustainable agriculture and input innovation, it added.

The report said BioEconomy growth is becoming increasingly multi-regional. While Bengaluru Urban accounts for about 54 per cent of the state's BioEconomy, Mysuru contributes around 8.7 per cent, while Belagavi and Dakshina Kannada together account for over 9 per cent. Northern districts remain the Agri-biotechnology belt.

As many as 218 new biotech startups were added in 2025, taking the cumulative total to 1,451 startups, with over 75 per cent focused on life sciences and health-tech. Bengaluru accounts for about 54 per cent of startups, it stated.

Between January 2024 and October 2025, the report stated that Karnataka attracted USD 1.14 billion across around 40 deals spanning BioPharma, MedTech, precision fermentation, digital health and AgriBio.

Minister Kharge said, "With our BioEconomy crossing USD 39 billion and contributing over 10 per cent to our GSDP, biotechnology is no longer confined to laboratories - it is now a central driver of economic growth, industrial innovation and societal impact."

He said that the state government's focus is on building a full-spectrum biomanufacturing economy by supporting deep-tech startups, strengthening innovation infrastructure, and ensuring that growth reaches beyond Bengaluru to every region of the state.