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…
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.
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’…
India secured a spot in the T20 World Cup final with a commanding 68-run victory over England, ending their title defense in the second semi-final on Thursday. The match, held at the Providence Stadium in Guyana, saw India setting a formidable target of 171-7. Skipper Rohit Sharma scored 57 runs, and Suryakumar Yadav contributed 47 on a challenging pitch. Batting first due to rain delays, India amassed 46 runs in the power-play but lost Virat Kohli and Rishabh Pant early. Rohit Sharma overcame a shaky start to hit his 36-ball fifty, helping India cross the 100-run mark by the 13th…
Indian pharmaceutical manufacturing sites exporting to the US saw improved regulatory inspection outcomes in 2023 compared to the global average. A report by the Indian Pharmaceutical Alliance and McKinsey & Company revealed that 13% of Indian facilities inspected by the USFDA were categorized as ‘Official Action Indication’ (OAI), lower than the global average of 15%. The USFDA conducted inspections at 906 facilities worldwide, resulting in 133 facilities receiving OAI classifications. An OAI status indicates that regulatory or administrative actions will be recommended. The report, titled ‘Quality & Manufacturing Excellence Charting the Next Decade of Indian Pharma,’ noted a significant improvement…
In a groundbreaking analysis of the Indian American community’s impact on the United States, a recent report by Indiaspora and Boston Consulting Group reveals a staggering economic footprint. Despite comprising only 1.5% of the population, Indian Americans contribute 5-6% of the nation’s total income tax revenue, amounting to a substantial $250-300 billion annually. This demographic, numbering 5.1 million strong, has not only bolstered the U.S. economy but also demonstrated remarkable growth in economic competitiveness over the years. The influence of Indian Americans extends far beyond tax contributions. Notably, 16 CEOs of Indian origin helm Fortune 500 companies, including tech giants…
Indian-American entrepreneur and former US Republican presidential candidate Vivek Ramaswamy has recently found himself in a legal tug-of-war, reminiscent of tactics employed by former President Donald Trump. At a recent campaign event for Trump in Racine, Wisconsin, Ramaswamy announced his intention to avoid testifying in a legal case, citing the demands of his ongoing presidential campaign. According to a report by DailyMail, Ramaswamy is pushing back against attempts to make him give evidence under oath, arguing that his busy campaign schedule exempts him from this obligation. This move mirrors a previous instance where Trump was excused from a legal proceeding…
The Indian Space Research Organisation (ISRO) marked a significant milestone on June 23, 2024, by achieving its third consecutive success in the Reusable Launch Vehicle (RLV) Landing Experiment (LEX). This final test, designated LEX-03, was conducted at the Aeronautical Test Range (ATR) in Chitradurga, Karnataka, at 07:10 IST. Following the successes of the RLV LEX-01 and LEX-02 missions, RLV LEX-03 demonstrated the autonomous landing capability of the RLV under more challenging conditions. This mission tested the vehicle’s performance with a cross range of 500 meters, compared to the 150 meters achieved in LEX-02, and under harsher wind conditions. The winged…
Researchers have unveiled a potential mechanism that may explain the improvements observed in aging male mice on ketogenic diets, abbreviated as “keto diets.” The study suggests that cycling male mice between a regular diet and a ketogenic one enhances signaling between synapses in the brain. Dr. John Newman, along with Professor Christian González-Billault from Universidad de Chile and The Buck Institute for Research on Aging, explored the impact of ketogenic diets on aged mice. Previously, Dr. Newman’s work demonstrated that cyclic ketogenic diets reduced midlife mortality risk and prevented memory decline in male mice. The team, led by González-Billault, aimed…
Recently, Sri Lankan President Ranil Wickremesinghe extended his thanks to External Affairs Minister S. Jaishankar and Prime Minister Narendra Modi for their steadfast support to Sri Lanka. Reflecting on his meeting with Jaishankar during the latter’s visit to Sri Lanka, Wickremesinghe highlighted the significant progress made through bilateral cooperation. During Jaishankar’s visit, several housing projects under the Indian Housing Project were inaugurated in regions such as Kandy, Nuwara Eliya, and Matale. Wickremesinghe emphasized the importance of these projects, which were coordinated by Jeevan Thondaman and S. Thondaman, benefiting the Indian-origin Tamil community. In a post on social media platform X,…
