Author: Deepika chandrasekar

India is preparing to dismantle its decades-long state monopoly over uranium operations, setting the stage for private companies to mine, import, and process the critical fuel for the first time. The move marks a major policy shift aimed at drawing billions of dollars in private investment and accelerating the nation’s nuclear energy growth. Under the government’s plan, nuclear power capacity will be increased twelvefold by 2047, enough to supply roughly 5% of India’s total electricity needs. A new regulatory framework will enable private Indian firms to participate in uranium extraction, imports, and processing. However, the reprocessing of spent fuel and…

India’s standing in the eyes of global investors has taken a sharp downturn, slipping from the most favored Asian stock market in May to the least attractive by August, according to the latest Bank of America Corp. survey. This dramatic shift comes amid escalating trade tensions fueled by US President Donald Trump’s recent tariff hikes. The survey revealed that 30% of global fund managers are now underweight on India, marking the highest bearish sentiment toward any Asian market. Thailand followed with 20% underweight positions, and Malaysia with 10%. Japan emerged as the top choice for investors, with China taking second…

Aravind Srinivas, the Indian-origin CEO of San Francisco-based Perplexity AI, has hinted at a potential collaboration with Zerodha, India’s largest stockbroker. Srinivas confirmed that he has already engaged in discussions with Zerodha co-founders Nithin and Nikhil Kamath, suggesting that an official announcement could come soon. This comes after Srinivas’ startup made waves earlier with a $34.5 billion unsolicited all-cash offer to acquire Google Chrome, signaling the company’s bold ambitions in the tech and AI sector. Perplexity AI recently rolled out a new finance-focused feature, allowing users to access information on Indian stocks through its Perplexity Finance interface. The launch immediately…

The ongoing tariff tensions between India and the United States have taken a new turn, with the US proposing a 50 percent tariff on Indian goods, raising concerns about its potential impact on the pharmaceutical sector. Former Director General of the Indian Council of Medical Research (ICMR), Dr. N.K. Ganguly, highlighted that India supplies nearly 80 percent of the world’s generic medicines. He explained that India’s pricing policies, government schemes, and promotion of generic prescriptions ensure that medicines remain affordable. Under initiatives like the Pradhan Mantri Janaushadhi Yojana, medicines are available at significantly reduced prices, and online ordering has further…

Prime Minister Narendra Modi is expected to travel to the United States in late September to attend the United Nations General Assembly (UNGA). However, attention is centered on the possibility of a meeting with US President Donald Trump amid ongoing tensions over a stalled bilateral trade agreement. India has remained firm in resisting Washington’s push to open its agricultural sector, prioritizing the livelihoods of its farmers over American demands. Negotiations between the two nations have been stuck on key issues, including market access for US agricultural products, tariffs on e-commerce, the steel industry, and differing climate policies. The timing of…

New Delhi will host the third edition of the India-Singapore Ministerial Roundtable (ISMR) on Wednesday, the Ministry of External Affairs (MEA) confirmed on Tuesday. The high-level gathering seeks to broaden and strengthen the strategic partnership between the two nations, paving the way for new areas of collaboration. The meeting comes amid speculation that Singapore’s Prime Minister Lawrence Wong may visit India next month, according to media sources. India will be represented by key ministers, including External Affairs Minister S. Jaishankar, Finance and Corporate Affairs Minister Nirmala Sitharaman, Commerce and Industry Minister Piyush Goyal, and Minister for Railways, Information and Broadcasting,…

India’s proposed Free Trade Agreement (FTA) with the European Union could open the door to a massive $875 billion market while aligning tariff structures with ASEAN nations, according to Boston Consulting Group (BCG) India head Rahul Jain. This follows last month’s landmark FTA with the United Kingdom, which is expected to increase annual bilateral trade by $34 billion and offer tariff-free access to 99% of Indian exports. Jain noted that the global trade landscape is being reshaped by shifting geopolitical dynamics and rising economic nationalism, with preferential market access and supply chain realignment becoming as crucial as cost efficiency. These…

A new wave of India-origin AI startups has attracted substantial early-stage capital, drawing in prominent global investors and commanding premium valuations. These ventures, built with a global-first mindset, are already demonstrating monetization potential, highlighting their scalability and relevance in international markets. Among the key deals, Y Combinator-backed GigaML, which enables secure on-premise deployment of large language models for enterprises, raised $40 million from US-based Redpoint Ventures at a $350 million valuation while operating at $1–3 million in annual recurring revenue (ARR). Atomicwork, positioned as an AI-native alternative to enterprise service desks, secured $25 million from Khosla Ventures at a $120…

Indian-origin scientists have emerged as influential leaders in the fields of American science, technology, and policy. Many of these brilliant minds began their academic paths in India before pursuing advanced education and research at prestigious U.S. institutions. Their journeys highlight how education and cross-cultural experiences can pave the way for groundbreaking global contributions. Venkatraman “Venki” Ramakrishnan, recipient of the 2009 Nobel Prize in Chemistry, uncovered the structure of ribosomes—an essential cellular component. He earned his physics degree from Maharaja Sayajirao University of Baroda and later completed a PhD in physics at Ohio University. A postdoctoral shift to molecular biology at…

India is making a significant push to empower its small businesses and artisans in the global e-commerce landscape with the development of E-Commerce Export Hubs (ECEHs). These dedicated hubs are designed to streamline the export process for Micro, Small, and Medium Enterprises (MSMEs) by offering cost-effective logistics, simplified customs procedures, and centralized facilities for warehousing, packaging, and certification — all in one location. Five pilot ECEHs are currently being developed, with the Directorate General of Foreign Trade (DGFT) inviting proposals through Trade Notice No. 14/2025, dated August 22, 2024. The initiative supports Chapter Nine of the Foreign Trade Policy 2023,…