Author: Bhakti Narayanan

According to a recent survey conducted by the Retailers Association of India (RAI), the retail sector has shown significant growth in August 2023, with a remarkable 9% increase compared to the same period in the previous year. This upward trend follows a similar pattern from July, where overall retail sales also saw a 9% rise compared to the previous year. Furthermore, the apparel sector, an integral part of retail, experienced an 8% growth in July. Delving into specific categories, food and grocery sales surged impressively, recording a remarkable 13% growth rate. Similarly, quick-service restaurants (QSR) and the jewelry sector both…

Director Atlee, known for his recent blockbuster Jawan, disclosed that Hollywood professionals expressed interest in his work following the film’s remarkable success. However, he declined these lucrative offers, firmly believing that filmmaking should be fueled by passion, not financial gain. In an interview with Film Companion, Atlee delved into his filmmaking philosophy, underscoring the role of love in his craft. He stated, “Love is paramount in my work. There’s no mathematical formula for what I do. My craft revolves around love. If I don’t have a deep connection with something, I can’t creatively bring it to life. So, I must…

According to an analysis conducted by CREDAI-CRE Matrix, the demand for warehouse space has surged by 1.4 times, reaching 13 million square feet in the first half of 2023 (January-June). This robust demand has consistently outpaced supply, maintaining an average deficit of 10%. The Grade-A Warehousing sector in India has expanded to encompass 163 million square feet, with an impressive supply addition of 9.4 million square feet in the same period. This remarkable growth can be attributed to the substantial development within the industrial sector, making it one of the fastest-growing segments in the country. Interestingly, while the demand has…

During the 105th episode of his radio show, ‘Mann Ki Baat,’ Prime Minister Narendra Modi highlighted the significance of the India-Middle East-Europe corridor, which was announced during the G20 summit in New Delhi, as a pivotal global trade route for future economic interactions. PM Modi underscored that this corridor had the potential to shape world trade for generations to come, drawing parallels to the historic Silk Route of ancient India, instilling a sense of pride that the IME corridor originated from India. Furthermore, PM Modi commended India’s role in granting full membership to the African Union in the G20 bloc,…

Three days after the lunar sunrise, ISRO (Indian Space Research Organisation) has not received any signals from the Chandrayaan-3 lander, Vikram, and its rover, Pragyan. Despite this, hopes persist for their potential reactivation on the moon’s surface. ISRO Chairman S. Somanath stated that while no signals have been received thus far, there is an ongoing possibility of a reconnection. He mentioned that they are prepared to wait through the entire lunar day, which spans 14 Earth days and ensures continuous sunlight, leading to rising temperatures. Somanath explained that the increasing temperature could potentially warm up the systems inside the lander…

India’s inaugural space-based solar observatory, Aditya-L1, has initiated its journey to the Lagrangian 1 (L1) point through the Trans-Lagrangian 1 Insertion (TL1I) maneuver executed by ISRO on September 19. This milestone maneuver signifies the commencement of Aditya-L1’s 110-day voyage toward the L1 point, positioned between the Earth and the Sun, approximately 1.5 million km away, representing a mere 1% of the Earth-Sun distance. ISRO announced the successful execution of the TL1I maneuver with excitement, stating that the spacecraft is now on a trajectory bound for the Sun-Earth L1 point. It will be placed in orbit around L1 via another maneuver…

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…