World Bank President, Mr. Ajay Banga, suggests that India’s robust domestic demand will likely shield it from the potential global economic slowdown expected in the first quarter of the coming year. With a significant portion of its gross domestic product derived from domestic consumption, India possesses a natural cushion against any slowdown, even if it were to occur temporarily. Discussions between India’s Finance Minister, Ms. Nirmala Sitharaman, and the global lending head focused on India’s sectoral priorities, such as municipal financing, logistics, water recycling, and renewable energy grids. India seeks assistance from the World Bank Group to leverage private investments.…
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.
The Gita Press of Gorakhpur, which was established in 1922 with the aim of spreading the teachings of the Hindu faith through books and periodicals, is celebrating its 100th anniversary. The commemorative events began on June 4, 2022, with the inauguration by former President Ramnath Kovind, and concluded with a visit from Prime Minister Modi on July 7. Initially, Gita Press operated out of a rented room in Kolkata under the management of Jaydal Goenka and Hanuman Prasad Poddar, as a part of the Govind Bhawan Karyalaya. Today, it has grown to become the largest publication center for Hindu religious…
Just one week after her trip to China, Janet Yellen, the US Treasury Secretary, arrived in Gujarat for the G20 summit and expressed that the United States considers India as an essential partner in its policy of “friend-shoring.” Yellen addressed the press prior to her participation in the summit and emphasized the importance of derisking and friend-shoring, which involves encouraging companies to relocate their manufacturing operations from authoritarian countries to allied nations. During her press briefing, Yellen stated, “Friend-shoring is a crucial aspect of our strategy to enhance the resilience of our supply chain, and we view India as an…
Sendbird, the global in-app conversations platform powering over 300 million monthly active users across 4000 apps, today announced the launch of its SmartAssistant, a first-of-its-kind, conversational AI solution for marketing, commerce, and customer service. SmartAssistant is a highly flexible AI chatbot for apps that provides high-quality responses to user queries. Whether it’s answering frequently asked questions, offering personalized product recommendations, or troubleshooting order issues, Sendbird’s SmartAssistant ensures helpful and human-like responses throughout the customer journey. Creating an AI-powered chat app can be remarkably fast and seamless using the Sendbird Chat UIKit. And now, with SmartAssistants being deployable from the Sendbird…
Ebina Entertainment, a film production company, recently had the honor of meeting the Honorable Maharashtra Deputy Chief Minister, Devendra Fadnavis Ji, and Senior BJP Party Functionary and national treasurer Shri Rajesh Agarwal Ji, to discuss their upcoming film, “Operation AMG.” The team was commended for their extensive research and ground-level efforts in bringing this important story to the silver screen. Ebina Entertainment presented the official poster of “Operation AMG” to Honorable Deputy Chief Minister Devendra Fadnavis Ji. The film is inspired by the true story of “Operation Ganga,” showcasing India’s courageous mission to rescue its citizens from Ukraine. Honorable Deputy…
During the India-France CEO forum, Prime Minister Narendra Modi called upon French industry leaders to explore investment opportunities in various sectors of the Indian economy and be part of India’s growth journey. Modi emphasized the ongoing economic reforms and his government’s initiatives in areas such as renewables, startups, pharma, IT, digital payments, and infrastructure to facilitate business development. The forum brought together CEOs from diverse sectors, including aviation, manufacturing, defense, technology, and energy, with 16 CEOs representing the French side and 24 from the Indian side. Prominent French business leaders such as Airbus’ Guillaume Faury, Alstom’s Henri Poupart Lafarge, Schneider…
India’s position as a leader in digital payments received a significant boost as Prime Minister Narendra Modi announced in Paris that India and France have reached an agreement to implement the Unified Payments Interface (UPI) in France. This agreement, signed between India’s National Payments Corporation of India (NPCI) and France’s Lyra, enables Indian tourists to make payments in Indian rupees using UPI, starting from the iconic Eiffel Tower. PM Modi emphasized India’s digital payment dominance, highlighting that 46% of the world’s real-time digital transactions take place in India. The country’s digital payment ecosystem has brought about a transformative social impact.…
According to sources, SK Hynix, a South Korean chipmaker, is examining India’s semiconductor manufacturing incentive program and is in contact with the government to explore the possibility of establishing a packaging facility in the country. The company is reportedly in the final stages of preparing its proposal. While SK Hynix primarily focuses on manufacturing memory chips, they are considering India as a potential location for assembly and testing, following the example of Micron. A government official, speaking anonymously, mentioned that SK Hynix has expressed interest in the scheme and is currently evaluating it for their business perspective. The official also…
Prime Minister Narendra Modi is scheduled to undertake an important visit to the United Arab Emirates (UAE) this week, as part of his broader diplomatic tour that also includes a trip to France. On July 13, the Prime Minister will be in France, where he will serve as the chief guest at the Bastille Day parade. This will be PM Modi’s fifth visit to the Gulf country since assuming office in 2014, highlighting the growing significance of the bilateral relationship between India and the UAE. His previous visits to the UAE took place in June 2022, August 2019, February 2018,…
The Minister of Commerce and Industry, Mr. Piyush Goyal, held a meeting with his counterpart, Ms. Kemi Badenoch, in London to discuss the progress of the India-UK free trade agreement (FTA). Mr. Goyal mentioned on Twitter that they discussed ways to enhance the momentum of the India-UK FTA negotiations, aiming for a mutually beneficial agreement. During his two-day visit to the United Kingdom starting on July 10, Mr. Goyal aimed to expedite discussions and facilitate the establishment of a comprehensive and mutually advantageous agreement. Currently, 14 out of the 26 policy topics have reached advanced stages of negotiation, while other…
