Indian Prime Minister Narendra Modi recently met with the top executives of Goldman Sachs Group Inc. in New Delhi, where he emphasized the vast opportunities that India presents for global companies. In a tweet following the meeting, PM Modi described the fruitful discussions with the board members and key leadership of Goldman Sachs, highlighting India’s potential for growth driven by recent reforms and a business-friendly environment. He also emphasized that India offers numerous prospects for global firms to explore. Goldman Sachs’ 12-member board visited India for the first time in more than a decade, coinciding with PM Modi’s meetings with…
Author: Deepika chandrasekar
A recent report by Deloitte India predicts that India’s online retail market will reach a size of US$ 325 billion by 2030, up from US$ 70 billion in 2022. The rapid expansion of e-commerce in tier-2 and tier-3 cities is expected to be the primary driver of this growth. The report, titled ‘Future of Retail,’ suggests that online retail penetration will outpace offline retail by 2.5 times in the next decade. Tier-2 and tier-3 cities accounted for over 60% of all orders in 2022, with significant increases in order volume. The ease of ordering and returns, along with a robust…
During Prime Minister Narendra Modi’s state visit to the United States, Indian-American teenager Riya Pawar delivered a remarkable performance of the United States National Anthem at the Ronald Reagan Center in Washington DC. Her rendition garnered praise from the Prime Minister, who blessed her for her talent. Riya Pawar, a 16-year-old resident of Marlboro, New Jersey, showcased her exceptional vocal abilities and dedication to fostering cultural connections through her captivating performance. Her rendition served as a symbolic bridge between the cultures of the United States and India, emphasizing the unity and friendship between the two nations, as stated in a…
Indian-origin neuroscientists Swetha Murthy and Karthik Shekhar have been recognized by the McKnight Foundation as recipients of the 2023 McKnight Scholar Awards. The foundation has chosen ten neuroscientists this year to receive the prestigious award. Swetha Murthy, an assistant professor at Vollum Institute, has been granted the award to advance her research on cellular morphology. Her focus lies in exploring mechanosensation as a guide for cellular morphology, which has significant implications for neural health. Murthy, who grew up in South India, obtained her graduate and master’s degrees from Bangalore University and completed her PhD in Biochemistry from the State University…
The film “Adipurush,” directed by Om Raut, which presents a dramatic retelling of the Ramayana, has faced scrutiny and criticism since its release. Suresh ShyamLal Gupta, the President of the All India Cine Workers Association, has written a letter to Prime Minister Narendra Modi, calling for an immediate ban on the film. The letter states that certain dialogues in the movie, including those involving Lord Ram and Ravan, are disrespectful and offensive to Indians both within the country and globally. The backlash against the film has led the makers to decide to revise the dialogues. Prem Sagar, son of Ramanand…
US President Joe Biden expressed his appreciation for the strong relationship between the United States and India, emphasizing its global significance. He stated on Twitter that the friendship between the two nations has reached new heights and is more robust and dynamic than ever before. Indian Prime Minister Narendra Modi responded to Biden’s tweet, agreeing that the friendship between their countries contributes positively to the world. He further mentioned that his recent visit to the US strengthened their bond even further. Prime Minister Modi’s visit included meetings with top Indian and American CEOs, a state dinner at the White House…
Prime Minister Narendra Modi has praised the Indian community residing in the United States, highlighting their remarkable achievements in various fields beyond the renowned Spelling Bee competition. Speaking at a joint session of the US Congress, Modi acknowledged the significant role played by Indian-Americans in strengthening the relationship between India and the US. Representing the vast population of 1.4 billion Indians, Modi expressed his immense honor and privilege to address the US Congress for the second time, with his previous address taking place in 2016. Modi commended the brilliance exhibited by Indian-Americans across diverse domains, emphasizing their talents, skills, and…
Infosys co-founder, Nandan Nilekani, has made a generous donation of $41.9 million to his alma mater, the Indian Institute of Technology (IIT) Bombay, in celebration of his 50-year association with the institution. Nilekani, who pursued a Bachelor’s degree in electrical engineering at IIT Bombay starting in 1973, aims to support the development of world-class infrastructure, promote research in emerging engineering and technology fields, and foster a thriving ecosystem for deep tech startups at the institute. This donation ranks as one of the largest contributions by an alumnus in India, adding to Nilekani’s previous donation of $11.4 million, bringing his total…
Prime Minister Narendra Modi received a warm welcome at the White House in Washington DC from United States President Joe Biden and First Lady Jill Biden. The interaction between the leaders was characterized by laughter and engaging conversations during the cordial reception. Before his visit to the White House, PM Modi had productive meetings with prominent executives, including Gary E Dickerson, the President and CEO of Applied Materials, Sanjay Mehrotra, President and CEO of Micron Technology, and H Lawrence Culp Jr, Chairman and CEO of General Electric Aerospace. Commencing his day at the ‘Skilling for Future’ event, PM Modi highlighted…
Airbnb and India’s Ministry of Tourism have signed an MoU to promote India as a top tourism destination and showcase its cultural heritage. The partnership aims to highlight the significance of India’s heritage properties and encourage travelers to embark on immersive journeys through the country’s diverse cultural tapestry. As part of the collaboration, Airbnb has launched the ‘Soul of India’ microsite, featuring a range of heritage stays. Additionally, Airbnb will support hosts in untapped tourist areas, promote their homestays, and foster responsible hosting. This partnership reflects the shared commitment of both Airbnb and the Ministry of Tourism to boost India’s…