Morgan Stanley, a global brokerage firm, has adjusted its GDP growth forecasts for India, foreseeing a stronger outlook for the financial year 2024-25 (FY25). The firm upgraded its GDP growth projection to 6.8%, up from the previous estimate of 6.5%. Additionally, for the ongoing financial year (FY24), Morgan Stanley revised its growth forecast upward to 7.9%. The firm anticipates India’s GDP growth to maintain its resilience, with an expected growth rate of approximately seven percent in the fourth quarter of FY24, ending in March 2024. This growth momentum is expected to be broad-based, with diminishing gaps between rural and urban…
Author: Deepika chandrasekar
A recent study conducted by Seoul National University College of Medicine in South Korea suggests a potential connection between migraine and an increased risk of inflammatory bowel disease (IBD). This research, published in Scientific Reports, adds to previous findings indicating that migraine might elevate the susceptibility to various health conditions, including gastrointestinal disorders. Notably, over 1 billion individuals worldwide experience at least one migraine attack annually, underscoring the significance of exploring its potential health implications. Previous investigations have linked migraine to several health concerns, such as stroke, heart disease, epilepsy, sleep disturbances, anxiety, depression, and gastrointestinal ailments like irritable bowel…
The era of revolutions, chronicled by Fareed Zakaria, narrates the journey of progress and resistance, from the Dutch Republic to the modern-day rise of China and Russia, portraying the nuanced interplay between liberalism’s rise and its challenges. Zakaria highlights pivotal moments like the Glorious Revolution and the Industrial Revolution, contrasting top-down radical changes like the French Revolution with the bottom-up transformations of the Industrial Revolution. In the latter part of the book, Zakaria delves into contemporary upheavals like globalization, digital transformation, and the resurgence of great power politics, emphasizing the threats posed by democratic decay and cultural backlash against liberalism.…
Begum Hazrat Mahal, famously known as the Begum of Awadh, was among India’s earliest female freedom fighters, leading the first Indian freedom movement in 1857 against the British East India Company. Despite hardships, she remained defiant against the British, even in exile. Born in the 1820s as Muhammadi Khanam to a poor Syed family in Faizabad, she rose from humble beginnings, eventually becoming a significant figure in Awadh’s history. Initially sold as a child and later becoming a concubine of the king of Awadh, she earned the title Hazrat Mahal after the birth of her son, Birjis Qadr. When the…
Baiju Bhatt, the Indian American Co-Founder and Chief Creative Officer of Robinhood Markets, is leaving his executive position at the investment platform after more than a decade in leadership, expressing his desire to explore other entrepreneurial ventures. Despite this transition, Bhatt will continue to serve as a member of Robinhood’s Board of Directors, as announced by the Menlo Park, California based company on March 21. Reflecting on his tenure, Bhatt expressed profound dedication to Robinhood’s mission of democratizing the financial services industry, emphasizing that the company has been his life since its founding in 2013. He acknowledged the collective efforts…
Prime Minister Narendra Modi underscored India’s steadfast commitment to democracy, stating that the nation not only meets the aspirations of its 1.4 billion citizens but also offers hope to the world by demonstrating that democracy empowers and delivers. Addressing the Summit for Democracy via video conferencing, Modi hailed the event as a pivotal platform for democracies worldwide to exchange insights and learn from each other’s experiences. Hosted by South Korea, the summit aims to foster inclusive societies and youth empowerment. Highlighting India’s rich tradition of democracy, Modi emphasized its integral role in Indian civilization, referring to consensus-building, open dialogue, and…
Nithya Raman, an Indian American urban planner, secured re-election to her Los Angeles City Council seat, surpassing 50% in the Mar 5 election and avoiding a November runoff, as per the latest vote count. She made history in Nov 2020 as the first challenger to unseat a council incumbent in 17 years. Challenged by two opponents questioning her capacity to address homelessness and crime, Raman faced a tough race, noted by local KABC. Ethan Weaver, her leading opponent, conceded on Mar 14, recognizing Raman’s victory. Despite strong support from LAPD union and real estate groups, Weaver fell short with more…
Annie Besant, born Annie Wood in London to a family of Irish descent, faced financial struggles after her father’s death when she was five. Despite this, her mother’s friend ensured she received an education. Raised with a strong sense of societal responsibility, Besant demonstrated independence from a young age. At 20, she married Frank Besant, a vicar, with whom she had two children before their eventual legal separation due to political disparities. Throughout her life, Besant championed causes such as Irish self-governance and questioned established religious norms, including criticism of the Church of England. Her activism, which encompassed feminism, secularism,…
The US Senate has officially confirmed Sunil Harjani, an Indian American federal Magistrate Judge from Joliet and a graduate of Northwestern University, as a federal district court judge for the Northern District of Illinois based in Chicago. Sunil Harjani’s confirmation, with a 53-46 Senate vote, marks a historic moment as he becomes the first South Asian American to hold the position of a US district judge in the Northern District of Illinois. Senators Dick Durbin and Tammy Duckworth of Illinois expressed satisfaction with his confirmation, highlighting his impeccable qualifications and extensive courtroom experience, notably serving as a Magistrate Judge since…
Jhaanvi Ganesh, a Rutgers University student, highlighted the marginalization faced by Hindu students in academic environments during a Congressional briefing on Hinduphobia arranged by HinduACTion. Studying public health, Ganesh serves as the Northeast Regional Coordinator of Hindu Yuva, a prominent student organization present in over 75 universities nationwide. She raised concerns regarding Hindu phobia or anti-Hindu sentiments, often overlooked on college campuses. Ganesh elaborated on how these sentiments encompass a spectrum of attitudes and actions, from subtle biases to overt discrimination targeting individuals identifying as Hindu or practicing Hinduism. Sharing personal encounters, Ganesh expressed feeling misunderstood, marginalized, and vilified based…