Author: Aarohi Talati

Swiss luxury watch brand Rado has experienced remarkable success in India, surpassing China to become its largest market in 2023. Following a significant double-digit growth last year, Rado anticipates continued expansion, aiming for similar growth rates in the current year. Adrian Bosshard, the global CEO of Rado, shared insights with Business Standard, emphasizing India’s immense potential for future growth. He highlighted several factors contributing to this optimism, including a robust Indian economy and a burgeoning middle class that is increasingly able to invest in luxury items. He noted that an increasing number of people are joining the purchasing class, enabling…

On Thursday, two Indian Americans, Padmini Pillai from Boston and Nalini Tata from New York, were selected as part of the 2024-2025 class of White House Fellows. This prestigious program, which includes 15 individuals from across the United States, offers participants the opportunity to work closely with senior White House staff, cabinet secretaries, and other high-ranking officials. The year-long fellowship aims to provide these leaders with the skills needed to better serve their communities. Pillai has been placed at the Social Security Administration, while Tata will be working in the White House Office of Cabinet Affairs. Pillai, an immune engineer…

Larry Summers, President Emeritus of Harvard University and former U.S. Treasury Secretary, recently highlighted India’s promising future, forecasting it as the fastest-growing economy in the years ahead. He described India’s economic journey as extraordinary, citing its current $600 billion in reserves and its role as a generous contributor to global aid. Summers expressed his belief that India’s economic growth in the next generation could be just as remarkable as the transformations seen in recent decades. In an interview with Hindustan Times, Summers shared his optimism about India’s growth trajectory. He predicted that by the time India celebrates the centenary of…

India’s consumer durables market is forecasted to grow to US$ 59.96 billion (Rs. 5 lakh crore) by the fiscal year 2030, positioning the country as the fourth-largest market globally by 2027, according to the Confederation of Indian Industry (CII). Mr. B. Thiagarajan, Chairman of the CII National Committee on Consumer Electronics and Durables, emphasized the need for a strong quality ecosystem and standardization during his address at the CII Consumer Electronics & Durables Summit 2024. Mr. Thiagarajan, who is also the Chairman and Managing Director of Blue Star Ltd, noted that the next decade presents vast opportunities across the value…

Smartphones have emerged as India’s leading product export to the United States, primarily driven by Apple iPhones, overtaking non-industrial diamonds in value over the last three quarters. According to recent data from the Department of Commerce, smartphone exports reached $2 billion in the June quarter, in contrast to $1.44 billion for non-industrial diamonds, as reported by Business Standard. In the financial year 2024 (FY24), total smartphone exports from India amounted to $15.6 billion, with iPhones accounting for a substantial 66% of that figure. The June quarter alone saw smartphone exports surge to $2 billion, surpassing diamond exports, which were valued…

Prime Minister Narendra Modi unveiled the ‘Mera Yuva Bharat’ or ‘MY Bharat’ platform, emphasizing its pivotal role in shaping the future of the nation in the 21st century. This launch took place at an event marking the conclusion of the ‘Meri Maati Mera Desh’ campaign and the Azadi Ka Amrit Mahotsav at Kartavya Path. Additionally, the prime minister laid the e-foundation stone for an Amrit Mahotsav Smarak and Amrit Vatika. Before the official launch, Prime Minister Modi symbolically contributed soil to the Amrit Kalash and marked his forehead with a ’tilak’ using the sacred earth. The Amrit Mahotsav Smarak and…