Author: Bhakti Narayanan

In accordance with a study conducted by the IMARC Group titled, “Indian Lithium-Ion Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-28,” the Indian lithium-ion (Li-Ion) market achieved a total valuation of US$ 2.5 billion in the previous year. The study anticipates that this market will expand significantly and reach US$ 5.9 billion by the year 2028, reflecting an impressive compounded annual growth rate (CAGR) of 14.8% during the period of 2023-28. The report highlights the prevalence of lithium cobalt oxide in the market, representing the largest share of the projections. Following lithium cobalt oxide, other significant materials include…

Sahith Theegala Reddy, a young Indian-American golfer, achieved a significant milestone on September 18 by securing his first PGA Tour title at the Fortinet Championship. He hopes this victory will inspire other young Indian athletes to dream big. The 25-year-old delivered an impressive final round, scoring a 4-under 68 at Silverado Resort in Napa, California, ultimately winning by two strokes over Korea’s S.H. Kim. Theegala now joins fellow Indian-American golfer Akshay Bhatia, who claimed victory at the Barracuda Championship in July. Theegala’s remarkable victory at the Fortinet Championship featured seven birdies and three bogeys in his final round. Notably, one…

The Indian Space Research Organisation (ISRO) made an exciting announcement on Tuesday regarding its inaugural solar mission, known as Aditya-L1. It has successfully executed the Trans-Lagrangean Point 1 Insertion (TL1I) maneuver, altering the spacecraft’s trajectory towards the Sun-Earth L1 point. This achievement marks the fifth consecutive instance in which ISRO has accomplished the transfer of an object along a trajectory aimed at another celestial body or a specific location in space. ISRO celebrated this milestone through a post on its official social media handle, stating, “Aditya-L1 Mission | Off to Sun-Earth L1 point | The Trans-Lagrangean Point 1 Insertion (TL1I)…

Madhya Pradesh Chief Minister Shivraj Singh Chouhan is set to inaugurate a towering 108-foot statue of Adi Shankaracharya in Omkareshwar, a temple town known for housing one of the 12 Jyotirlingas, sacred shrines dedicated to Lord Shiva, on September 18. Named “Ekatmata Ki Pratima” (statue of oneness), this monumental structure aims to promote the Advaita Vedanta philosophy championed by Adi Shankaracharya and elevate Omkareshwar, located around 50 miles from Indore, into a global center for this spiritual and philosophical tradition. The 108-foot-tall statue, made of various metals, portrays Adi Shankaracharya as a 12-year-old boy. Adi Shankaracharya, originally from Kerala, is…

Deepika Padukone’s recent cameo in Shah Rukh Khan’s film “Jawan” has garnered significant attention, with praise for her performance and dedication to the project. Despite rumors suggesting a substantial payment for her appearance, Deepika clarified that she doesn’t charge a fee for cameo roles. This commitment extends to her previous cameo appearances in films like ’83 and Cirkus, where she also waived her fee. In a recent interview, Deepika explained her motivations behind these special appearances. For ’83, she wanted to pay homage to women who support their husbands’ careers, inspired by her own mother’s experiences. Additionally, she expressed her…

In today’s fast-evolving world, the fusion of Artificial Intelligence (AI) and data represents a transformative force cutting across various industries. India, known for its rich culture, diverse populace, and rapidly expanding economy, stands on the brink of a significant transformation. At the heart of this transformation lie two intertwined forces: Artificial Intelligence (AI) and data. In the 21st century, these twin pillars are poised to become the primary currency of India’s economy, reshaping industries, fueling innovation, and fostering sustainable development. The Power of Data India finds itself at the threshold of a data revolution. With over 750 million internet users…

The 2023 Alnoba Moment of Truth Award for Leadership in Gender Equity is set to be bestowed upon Ruchira Gupta, an Emmy-awarded journalist and the visionary founder of the non-governmental organization Apne Aap, dedicated to combating sex trafficking. This distinguished recognition, offered by the Alnoba Lewis Family Foundation, celebrates a resolute activist leader who has not only drawn widespread attention to a significant contemporary issue but has also effectively rallied supporters and resources to bring about positive change. For more than thirty years, Gupta has relentlessly advocated for a world where no girl or woman is subjected to the horrors…

On September 14, 2023, in Bina, Madhya Pradesh, Prime Minister Narendra Modi initiated a series of development projects valued at over Rs. 50,700 crore (US$ 6.11 billion). These projects encompass various sectors, including power, renewable energy, information technology, and industrial parks. One of the prominent projects is the Petrochemical Complex at Bina Refinery, a venture by Bharat Petroleum Corporation Limited (BPCL), with an estimated cost of Rs. 49,000 crore (US$ 5.91 billion). This complex will produce vital components like ethylene and propylene, essential in industries such as textiles, packaging, and pharmaceuticals. Additionally, it will generate employment opportunities and stimulate downstream…

A McKinsey report, published on September 13, 2023, highlights a substantial market opportunity within India’s automobile parts industry focusing on component circularity. This opportunity is estimated to range from US$ 3.8-5 billion by FY30, focusing on three core themes: material recirculation, circular product design, and repair, care, and refurbishment services. The report, titled ‘Mobility 360 degree-Sustainability for Competitiveness,’ was unveiled at the 63rd annual meeting of the Automotive Component Manufacturers Association of India (ACMA). It underscores that material circularity has the potential to significantly benefit companies, leading to increased profits of 10-20%, reduced costs by 5-10%, decreased reliance on virgin…

Mr. Hisashi Takeuchi, the CEO and Managing Director of Maruti Suzuki India (MSIL), envisions substantial growth in the Indian passenger vehicle (PV) market. He predicts that by 2030-31 (FY31), the market will nearly double to approximately 7 million units. Speaking at the annual meeting of the Automotive Component Manufacturers Association of India (ACMA), he credited the consistent support and dedication of the auto component industry for India’s position as the third-largest vehicle market globally. The annual PV market size is expected to expand to 6-7 million units by FY31. Despite supply chain challenges, domestic PV sales experienced a significant surge…