In the second quarter of 2024, private equity investments in India’s real estate sector surged to a three-year peak, totaling US$ 2.5 billion, as per a recent report from Colliers, a leading real estate consultancy. The industrial and warehousing sector spearheaded the investments, accounting for 61% of the total amounting to $1.5 billion. This sector witnessed an eleven-fold increase compared to the same period in 2023. Simultaneously, the residential segment also saw significant growth, marking a 7.5 times rise year-on-year and securing a 21% share of institutional investments in Indian real estate. Conversely, office assets experienced subdued activity with an…
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.
A replica of Ayodhya’s Ram Mandir will be featured at the India Day parade in New York on August 18, drawing Indian Americans from across the region. This marks the first occasion that a replica of the revered temple will be displayed in the United States. According to Amitabh Mittal, general secretary of Vishva Hindu Parishad of America (VHPA), the replica will measure 18 feet in length, nine feet in width, and eight feet in height. On January 22 of this year, a historic moment unfolded as Prime Minister Narendra Modi performed the Vedic rituals of ‘Pran Pratishtha’ at the…
For months, the notion that Joe Biden, at 81 years old, might not be the Democratic nominee has lingered on the periphery of American political discourse. Initially, this idea was championed by Republican candidates at rallies and on podcasts, serving both as a warning against re-electing an aging former president and as a critique of the Democratic Party’s supposed internal manipulations. Now, as this scenario seems increasingly plausible, its early proponents are keen to highlight their foresight. Vivek Ramaswamy, who consistently suggested on the campaign trail that he would face a different Democrat in November, told Semafor that his predictions…
As the United Kingdom nears its general election on 4 July 2024, the Labour Party is poised for victory under the banner of “It’s time for change.” This pivotal moment underscores the significant influence of Indian-origin Members of Parliament (MPs) in shaping the nation’s political landscape. The rising prominence of Indian-origin politicians reflects not only increased political engagement but also the growing success and socioeconomic status of British Indians. Data indicates that Indian households lead in high-income brackets, with a substantial contribution to the UK’s GDP, highlighting their economic and potential political sway. A notable milestone in this trend was…
The financial success of entrepreneur and politician Vivek Ramaswamy has garnered significant attention in 2024. He recently made headlines for criticizing US President Joe Biden on X (formerly known as Twitter), remarking, “the Democrat Party served up an old man as their sacrificial lamb tonight,” following a debate between Biden and former President Donald Trump. Many are curious about Ramaswamy’s net worth and the sources of his wealth. Below is a detailed overview of his financial status and how he accumulated his fortune. Vivek Ramaswamy’s Net Worth in 2024: Vivek Ramaswamy is estimated to have a net worth of $960…
India plans to introduce incentives to boost domestic production of GLP-1 drugs by 2026, primarily used to treat diabetes and obesity. Originally approved for diabetes management, GLP-1 drugs like semaglutide, found in popular medications such as Wegovy and Ozempic, are now acknowledged for aiding weight loss by slowing down digestion. As the patent for Novo Nordisk’s semaglutide expires in India in 2026, local pharmaceutical companies have applied for the government’s production-linked incentive (PLI) scheme. Mr. Arunish Chawla, Secretary of the Department of Pharmaceuticals, affirmed that these companies will receive incentives once they commence manufacturing after the patent’s expiration. The market…
The ICC has announced its team for the Men’s T20 World Cup 2024, with six standout players from the victorious Indian squad making the cut. Rohit Sharma Rohit Sharma led from the front, setting the tone for India’s campaign with his aggressive batting. Scoring 257 runs at an impressive strike rate of 156.7, Rohit was pivotal in India’s success. He notched up three fifties, including a blistering 92 against Australia and a crucial 57 in the semi-final. As captain, he guided India to a historic World Cup win after 17 years. Rahmanullah Gurbaz Rahmanullah Gurbaz was instrumental in Afghanistan’s journey…
India and the United States have agreed to extend the 2 percent equalisation levy, also known as the digital tax on e-commerce supplies, until June 30. This agreement follows the October 8, 2021 decision where both nations, along with 134 other members of the OECD/G20 Inclusive Framework—including Austria, France, Italy, Spain, and the United Kingdom—endorsed the Statement on a Two-Pillar Solution. This initiative aims to address the tax challenges posed by the digitalization of the economy. On November 24, 2021, India and the United States further concurred that the terms outlined in the October 21 Joint Statement would be applicable…
India and England are gearing up for a highly anticipated clash in the Men’s T20 World Cup semi-final, set to unfold at Guyana National Stadium on Thursday, June 27. This match marks a pivotal moment in their cricketing rivalry, with both teams eyeing a place in the tournament’s final. Their last encounter in a T20 World Cup semi-final, held just 19 months ago in Adelaide, ended in a convincing victory for England, propelled by a standout opening partnership between Jos Buttler and Alex Hales. This defeat prompted India to reevaluate their T20 strategy ahead of this crucial rematch. …
Maitreyi Ramakrishnan, renowned for her role in Mindy Kaling’s “Never Have I Ever,” has been confirmed to join the ensemble cast of “Freaky Friday 2,” slated for a nationwide theatrical release in 2025 rather than debuting on Disney+. The specifics of her character remain undisclosed. Directed by Nisha Ganatra, the sequel brings back original stars Jamie Lee Curtis and Lindsay Lohan alongside familiar faces such as Mark Harmon, Chad Michael Murray, and others. Jordan Weiss has penned the script, continuing the story that captivated audiences in the 2003 hit, which grossed $160 million worldwide. The film, based on Mary Rodgers’…
