Author: Deepika chandrasekar

Former President of the Maldives, Mohamed Nasheed, has credited India with playing a crucial role in preventing his country’s financial collapse. Ahead of Prime Minister Narendra Modi’s two-day trip to the Maldives to attend the country’s 60th Independence Day celebrations, Nasheed stated that Indian support was vital in helping the Maldives avert default during one of its most severe economic crises. “If not for India, the Maldives would have defaulted,” Nasheed said in an exclusive interaction. He acknowledged that India’s prompt assistance during difficult times stabilized the nation’s fragile economy. Nasheed emphasized that the economic partnership between the two…

Starting July 24, India will once again issue tourist visas to Chinese citizens, ending a five-year pause. This development, confirmed by the Indian embassy in China on Wednesday, marks a significant move in rebuilding the strained relationship between the two Asian neighbors. Relations between India and China soured significantly after a violent military confrontation in 2020 along their contested Himalayan frontier. In response, India clamped down on Chinese investments, shut down numerous widely-used Chinese apps, and reduced passenger travel links between the two nations. China, on the other hand, halted visa issuance to Indian citizens and most foreign travelers during…

India’s tyre industry is poised for a steady revenue increase of 7-8% during FY26, largely driven by robust replacement demand, which accounts for nearly half of the sector’s total annual sales. While orders from original equipment manufacturers (OEMs) are expected to remain on the lower side, an upward shift toward premium products could slightly lift revenue per unit sold, according to recent market analysis. Despite moderate top-line growth, the industry’s operating profitability is forecast to stay stable at around 13-13.5%, supported by controlled input costs and healthy capacity utilization rates. Lean balance sheets, strong cash flows, and cautious capital expenditure…

India’s industrial and warehousing market experienced unprecedented growth in the first half of 2025, setting new benchmarks for leasing activity. According to the latest industry data, nearly 20 million sq. ft. of space was leased during this period, marking a 33% year-over-year increase. The momentum continued into the second quarter, which alone recorded 11 million sq. ft. of leasing, making it the most active quarter for warehousing absorption in recent memory. Delhi NCR and Chennai stood out as the top-performing regions, jointly accounting for almost 50% of the total leasing activity in H1 2025. The surge in demand within Delhi…

Ambassador Taranjit Singh Sandhu, one of India’s most seasoned diplomats with close to 40 years of service, has been appointed as Advisor to the Board and Chairman of the Geopolitical Institute at the US-India Strategic Partnership Forum (USISPF). His new role was officially announced in a statement from the forum. In this capacity, Ambassador Sandhu will contribute his vast diplomatic expertise to shape USISPF’s engagement on several critical initiatives, including the India-Middle East-Europe Economic Corridor (IMEC), the Indo-Pacific security framework known as the Quad, and the I2U2 grouping involving India, Israel, the United States, and the UAE. Having…

India is poised for a major surge in eco-friendly logistics infrastructure, with green-certified warehousing expected to grow fourfold by 2030. According to a new report from JLL India, sustainable warehouse capacity is projected to climb from 65 million square feet in 2024 to an impressive 270 million square feet by the end of the decade. Over the past five years, the country’s top-tier warehousing inventory has expanded significantly, growing from 88 million square feet in 2019 to 238 million square feet in 2024. This rapid growth is largely driven by India’s ongoing push toward economic modernization and the skyrocketing demand…

Seventeen-year-old Indian-American tennis player Ronit Karki captured attention at Wimbledon’s junior boys’ tournament, making an impressive run to the final. Although Karki fell short in the title match on Sunday, his performance over the past two weeks has marked him as one of the most promising young players on the circuit. Karki faced Bulgaria’s Ivan Ivanov, the world No. 6 in the junior rankings, in the championship match. Ivanov, 16, defeated Karki in straight sets, 6-2, 6-3. Despite the loss, Karki’s journey to the final was filled with standout victories. Entering the tournament ranked No. 52, Karki toppled several higher-seeded…

Cal Poly Pomona’s College of Business Administration has welcomed Dr. Pia Gupta, a prominent Indian American academic leader, as its new Associate Dean of Undergraduate Student Success. Her appointment marks a pivotal step in the college’s mission to foster academic achievement and career readiness among students. According to Dean Sandeep Krishnamurthy, this leadership change signals the start of a transformative era focused on preparing students for successful careers through hands-on guidance and tailored support systems. Dr. Gupta will spearhead initiatives aimed at improving academic outcomes and strengthening the pathways that connect students with real-world economic opportunities. With over 20 years…

India is accelerating toward becoming the world’s third-largest economy, Prime Minister Narendra Modi announced during the 16th Rozgar Mela. Speaking about India’s growth journey over the last 11 years, he emphasized that the country has made strides across sectors, especially in manufacturing, electronics, and defense. One of the key announcements was the introduction of the Employment Linked Incentive Scheme, a program designed to stimulate private sector hiring. Under this new initiative, young professionals securing their first private sector job will receive a government contribution of $180 toward their first salary. The government has allocated about $12 billion to this scheme,…