India’s economy is projected to grow at a rate of 6.7 per cent in the financial year 2025-26 (FY26), supported by a cyclical recovery and stable market performance, according to a new report released on Thursday. A cyclical recovery occurs when an economy rebounds after a period of slowdown or recession, marked by increasing economic activity, higher consumer spending, and renewed business investments. Over the past five years, India has experienced robust earnings growth, with the NIFTY index recording a compound annual growth rate (CAGR) of 20 per cent, as highlighted in a report by Lighthouse Canton. As the Indian…
Author: Deepika chandrasekar
Deepika chandrasekar
Deepika is on her way to becoming an influential figure in the world as a young writer with a big voice and a big heart. Deepika has always possessed the highly sought-after attribute of empathy. She attended the University of Madras and graduated with a BA and MA in English. She has her mother and daughter living with her in Chennai, while she is a single parent.
The California Infrastructure and Economic Development Bank (IBank) has appointed Shrina Kurani as its new Deputy Director of Venture Capital. In this role, she will spearhead efforts to enhance venture capital investments that fuel California’s dynamic and innovation-driven economy. Kurani, who has extensive experience in both venture capital and sustainability, has been an integral part of IBank since 2023. As a Venture Specialist, she played a key role in expanding funding avenues for high-growth startups. In addition to her work at IBank, she is a Managing Partner at SNØCAP, an early-stage investment firm, and formerly held the position of Vice…
March saw a significant surge in Unified Payments Interface (UPI) transactions, reaching an all-time high of 19.78 billion, with a total transaction value of $289.26 billion. This represents a 14% jump in volume and a 13% rise in value compared to February, largely driven by increased financial activity at the fiscal year-end, according to the National Payments Corporation of India (NPCI). For the fiscal year 2025, UPI payments experienced a remarkable 30% increase in total value, climbing to $3.04 trillion from $2.33 trillion in FY24. The volume of transactions also saw a sharp rise of 42%, reaching 185.85 billion, up…
NASA astronaut Sunita Williams revealed her plans to visit India soon, where she intends to meet with the team at the Indian Space Research Organisation (ISRO). During NASA’s SpaceX Crew-9 Post-Flight News Conference, Williams expressed her admiration for India, recalling how each time her spacecraft passed over the Himalayas during her nine-month mission in space, she was in awe of the view. Williams, who has a deep connection to India through her father, Deepak Pandya, who hails from Gujarat, shared her excitement about connecting with the Indian space community. She highlighted the progress India has made in the space sector,…
Sal Khan, the founder of the nonprofit educational platform Khan Academy, will deliver the commencement address at Johns Hopkins University’s ceremony on May 22, 2025. Khan, whose journey began in 2004 tutoring his cousin remotely, transitioned from a hedge fund analyst to a full-time educator in 2009, ultimately creating a platform now used by over 170 million people worldwide. Khan’s impact on education is reflected in the millions of students who use his platform, including members of the Class of 2025. Johns Hopkins University President Ron Daniels praised Khan’s innovative approach to learning and its global impact, noting that Khan’s…
The Foundation of Indian-Americans (FIA) New England, a non-profit organization, hosted a grand celebration for International Women’s Day 2025 on March 8. The event took place at the prestigious John F. Kennedy Presidential Library and Museum, where outstanding women from various industries were recognized for their remarkable contributions to society. The celebration commenced with an interactive video session, where prominent women leaders shared their insights and experiences. The discussion was inspired by John F. Kennedy’s iconic words, “Ask not what your country can do for you; ask what you can do for your country.” The session was moderated by FIA…
NASA has attributed the successful return of astronauts Barry “Butch” Wilmore and Sunita “Suni” Williams to U.S. President Donald Trump. The two astronauts landed safely on March 18 after being stranded in space for nine months due to technical issues with their Boeing Starliner spacecraft. Originally planned as a week-long stay at the International Space Station (ISS), their mission was unexpectedly prolonged. As the astronauts splashed down off Florida’s coast earlier this month, a NASA spokesperson described the mission’s success as a significant achievement for the Trump administration. With Boeing’s spacecraft unable to complete the return journey, Elon Musk’s SpaceX…
Indian-origin politicians Anita Anand and Kamal Khera have secured significant positions in Canadian Prime Minister Mark Carney’s newly assembled cabinet. Anand, 58, has been appointed as Minister of Innovation, Science, and Industry, while Khera, 36, steps into the role of Minister of Health. Their inclusion signals a growing representation of diverse voices in Canadian leadership. Anand, originally from Nova Scotia, boasts a strong academic and political background. Before entering public office, she was a law professor at the University of Toronto and held the prestigious J.R. Kimber Chair in Investor Protection and Corporate Governance. Elected as the Member of Parliament…
Kashyap “Kash” Patel, the newly appointed FBI Director under Donald Trump, has openly acknowledged the deep impact of his Hindu heritage on his leadership and values. In a recent social media post, he shared an article highlighting how his cultural background has shaped his worldview, sparking widespread discussion within Indian-American and MAGA circles. The article explores Patel’s journey from an immigrant household to a key position in the U.S. government, emphasizing the role of Hindu teachings in his life. Growing up in New York in a traditional joint family, Patel was raised with the principles of dharma (righteous duty), karma…
The Consulate General of India in New York, in collaboration with the Bihar Foundation USA East Coast Chapter and the Bihar Jharkhand Association of North America (BJANA), hosted a vibrant celebration of Bihar Diwas. The event showcased the state’s rich cultural heritage, tourism, and diverse cuisine. A highlight of this year’s event was a heartfelt tribute to renowned Indian folk singer Padma Bhushan Sharda Sinha. Her contributions to Bhojpuri, Maithili, and Magahi folk music have played a crucial role in preserving and promoting Bihar’s traditional melodies over the decades. Sharing glimpses of the celebration on X, the Consulate General of…