Reserve Bank Governor Shaktikanta Das highlighted that despite increased global uncertainties and formidable challenges, the Indian economy has achieved a strong recovery and is one of the fastest-growing major economies. This growth is attributed to sustained bank credit, low non-performing assets, and sufficient capital and liquidity buffers. To ensure financial stability amid unforeseen challenges, Das mentioned the efforts being made by the Reserve Bank and other financial regulators. He stressed the importance of policymakers worldwide maintaining a delicate balance of policy trade-offs, supporting macroeconomic and financial stability, instilling confidence, and fostering sustainable growth. Das expressed concern about the economic fragmentation…
Author: Bhakti Sharma
Bhakti has been working as a journalist for about twenty years. She holds a postgraduate degree in mass communication from the Indian Institute of Mass Communication and a bachelor's degree in English from the University of Delhi.
IndiGo, India’s largest airline, has received approval from its board for a significant aircraft order. On June 19, an official confirmed that IndiGo has placed an order for 500 Airbus A320 family aircraft, marking the largest order in the airline’s history. The purchase agreement was formalized at the Paris Air Show 2023, with the presence of IndiGo’s Board Chairman V Sumantran, CEO Pieter Elbers, Airbus CEO Guillaume Faury, and Christian Scherer, Airbus’ Chief Commercial Officer and Head of International. According to an official statement from the airline, the specific engine selection for the order, as well as the mix of…
Natasha Subhash, an Indian American tennis player representing the University of Virginia, has been honored as the recipient of the prestigious 2023 ITA Arthur Ashe Leadership & Sportsmanship Award, as announced by the Intercollegiate Tennis Association on June 12. This esteemed accolade, established in 1982, recognizes outstanding sportsmanship, leadership qualities, and achievements in academics, extracurricular activities, and tennis. Subhash’s tennis accomplishments are noteworthy, having been a three-time ITA Singles All-American, earning the honor in each of her first three seasons. Hailing from a family of Indian immigrants, Subhash’s parents, Subhash Kongassery and Sulekha Subhash, migrated to the United States in…
Historian Ramachandra Guha was honored by modern-day Britons for his remarkable book that focuses on white British individuals who defied the British establishment of their time to actively support Indian independence. Guha received the prestigious Elizabeth Longford Prize for Historical Biography 2023, along with a £5,000 cash award, during a ceremony in London. His book, titled “Rebels against the Raj: Western Fighters for India’s Freedom,” highlights the stories of these individuals who faced severe punishment for their courageous acts. The judges of the award emphasized the book’s relevance to contemporary India, acknowledging that oppression does not vanish with the end…
The 2023 India Ideas Summit, organized by the U.S. Chamber of Commerce’s U.S.-India Business Council, served as a prominent gathering for government and industry representatives from the U.S. and India. The summit aimed to explore ways to strengthen the economic and trade ties between the two nations. Distinguished speakers such as U.S. Secretary of State Antony Blinken, U.S. Secretary of Commerce Gina Raimondo, U.S. Chamber President and CEO Suzanne P. Clark, and Ambassador Taranjit Singh Sandhu participated in the event. Clark emphasized the U.S. Chamber’s belief in the positive impact of free enterprise, free markets, and free trade on the…
Ritu Kalra, a highly experienced professional in financial management and investment banking, has been appointed as the vice president for finance and chief financial officer at the University. Currently serving as Harvard’s assistant vice president of finance and treasury and special projects adviser, Kalra will now be responsible for overseeing various financial aspects, including long-term planning, budgeting, endowment fund spending policy, treasury, financial accounting and reporting. Her role will also involve research administration, strategic procurement, capital planning, and risk management. Kalra will be leading a team of over 200 employees across multiple financial departments. She will succeed Thomas J. Hollister,…
Rasayana Sastra, one of the eight clinical branches of Ayurveda, focuses exclusively on the many dietary, lifestyle, and medical guidelines that must be followed to prevent or delay the aging process. The most complete diet is the Ayurvedic one. In order to select the proper type of food, it takes into account doshas (mind-body constitution), dhatus (seven tissues), agni (metabolism), and mala (evacuation of the intestines). This makes it suitable for each individual and assures considerable and lasting advantages. Ayurveda holds that herbs are essential for ensuring long-term health. The Charaka Samhita gave amla, also known as Indian gooseberry, special…
Image Credit Congress/Twitter According to Disinfo Lab, some individuals involved in organizing Congress leader Rahul Gandhi’s town hall in New York next week have ties to Pakistan-based terrorist groups and the Pakistani government. Disinfo Lab has identified two individuals, Tanzeem Ansari and Jawad Ahmed, who are allegedly responsible for mobilizing support and coordinating Gandhi’s interaction with the Indian diaspora in New York City. Both individuals have been associated with anti-India activities and have supported terrorism in Kashmir. Tanzeem Ansari serves as the outreach committee’s amir for the Muslim Community of New Jersey (MCNJ), led by Pakistan-born Imaam Jawad Ahmed, who…
Chandrayaan-3 will be launched in July this year, S Somnath, Chief of the Indian Space Research Organisation (ISRO) confirmed on Monday. The Chandrayaan-3 mission is aimed at showing critical technologies to land the spacecraft on the south pole of the moon in less than two months. The mission will carry instruments to analyze the thermo-physical properties of the lunar regolith, lunar seismicity, lunar surface plasma environment, and elemental composition in the vicinity of the landing site. While the scope of these scientific instruments on the lander and the rover would encapsulate the theme of ‘Science of the Moon’, another experimental…
Prominent actor Dharmajan Bolgatty has expressed his belief that he has been deliberately excluded from the film industry, as he has not been approached with any acting opportunities for a considerable period of time. In an interview with Milestone Makers, Dharmajan, who is also a renowned stand-up comedian, stated that he did not take the initiative to reach out to anyone seeking roles, which may have contributed to his absence. He mentioned that he is only invited for roles that specifically require his presence, as there are many others in the industry who can easily fill his shoes. When asked…
