India’s electric vehicle (EV) market enjoyed a significant surge in October, thanks to the festival season, ending a two-month slowdown and reaching a new monthly sales record. Registrations jumped to 217,716, up 35% from 160,237 units in September. This marks the highest monthly sales on record, even surpassing March’s 213,063 units, which saw strong demand in the final days of the FAME-II program. October also marked the second time this year that monthly EV sales crossed 200,000, pushing the year-to-date total to over 1.6 million, according to Vahan data from India’s Ministry of Road Transport and Highways. Leading the segment,…
Author: Deepika chandrasekar
In a landmark decision, schools across New York City will close on November 1 to observe Diwali, the Hindu festival of lights. This will be the first instance of the city officially recognizing the holiday within its school calendar. Dilip Chauhan, Deputy Commissioner for the Mayor’s Office of International Affairs, expressed enthusiasm about the change. “This Diwali is momentous. For the first time, schools in New York City will shut down on November 1 for Diwali,” Chauhan noted. Chauhan acknowledged the challenges of establishing this holiday in a school system that serves 1.1 million students, commending the commitment of community…
Stony Brook University in New York has recently unveiled its 2024 list of 40 Under Forty alumni honorees, with an official ceremony scheduled for October 24 at the Charles B. Wang Center as part of Homecoming week. Among the recognized individuals are two Indian-origin alumni: Dr. Amruta G. Desai in healthcare and Marvin Parasram in science and engineering. These prestigious awards highlight outstanding young alumni who have made significant impacts as leaders within their respective fields and communities. According to the university’s statement, this year’s honorees have provided essential contributions, such as offering strategic advice to the U.S. FDA during…
The Desai Foundation’s annual “Diwali on the Hudson” event, now in its 11th year, took place on October 17 at HK Hall in New York City. This star-studded celebration brought together celebrities, creators, and community supporters to mark Diwali and raise funds for impactful programs. Notable attendees included artist Jay Sean, manager and yoga teacher Thara Natalie, actor Ami Sheth, Broadway performer Ari Afsar, artist Meah Pace, entrepreneur Krishna Subramanian, musician Monica Dogra, and various other figures across the arts and business sectors. Funds raised from this celebration will directly benefit The Desai Foundation’s mission to enhance health and livelihoods…
Indian American Aaron “Ronnie” Chatterji, a professor of business and public policy at Duke University, has been appointed OpenAI’s first Chief Economist. With a distinguished career that bridges academia and government, including key roles in the Obama and Biden administrations, Chatterji will lead research on the economic impact of artificial intelligence (AI) and its effects on global growth and labor markets. Chatterji has served as the Biden administration’s CHIPS coordinator, overseeing the $52 billion CHIPS and Science Act, and previously held the position of Chief Economist at the U.S. Department of Commerce. His expertise in economic strategy and innovation positions…
The Association of Indians in America, New York Chapter (AIA-NY), hosted its 37th Annual Diwali Festival with vibrant celebrations aboard a Skyline Princess cruise on October 6, 2024. The event attracted over 400 guests from the community, who were dressed in traditional Indian attire, and sailed from World Fair Marina in Flushing, NY. The stunning fall weather added to the festivities, creating a warm and joyous atmosphere. AIA-NY President, Dr. Jagdish Gupta, delivered the welcome address, noting the breathtaking views of Manhattan’s skyline as guests cruised along the East River. Passengers marveled at landmarks such as the Statue of Liberty…
Union Finance Minister Nirmala Sitharaman expressed optimism about a potential soft landing for the global economy, noting the stabilizing effect of coordinated actions among countries and multilateral financial institutions. Speaking at the Centre for Strategic and International Studies (CSIS) in Washington, DC, she emphasized that inflation has been controlled effectively, allowing the global economy to slowly move toward recovery. However, she cautioned that economic growth remains moderate, with advanced economies showing limited demand, thus impacting global trade and commodity-dependent nations. Highlighting fiscal challenges, she acknowledged that many countries face the task of managing high fiscal deficits due to pandemic-related borrowing.…
On Friday, Prime Minister Narendra Modi emphasized the deepening relationship between India and Germany, referencing recent collaborative efforts as evidence of their growing friendship. Speaking at the 18th Asia-Pacific Conference of German Business 2024, he stated, “While the CEO Forum convenes here, our navies are also conducting joint exercises, with German naval vessels making a port visit in Goa. Shortly, the seventh inter-governmental consultations between India and Germany will take place.” He added, “This signifies that the friendship between India and Germany is advancing at every step, across all fronts.” PM Modi noted that this year marks the 25th anniversary…
Two Indian-origin Chief Executive Officers have made it into the top 10 of the world’s highest-paid CEOs from S&P 500 companies. According to recent reports, Nikesh Arora, CEO of Palo Alto Networks Inc, ranks within the top 10, earning $151.4 million, equivalent to ₹12.73 billion (₹1,273.05 crore). Satya Nadella, CEO of Microsoft Corp, also features on the list, with an annual pay of $48.5 million, or ₹4.07 billion (₹407.85 crore). Additionally, other notable Indian-origin CEOs like Ravi Kumar of Cognizant Technology Solutions and Shantanu Narayen of Adobe Inc. are also highlighted for their significant earnings. In the past decade, executive…
The Directorate General of Hindu Community Guidance under Indonesia’s Ministry of Religion honored outstanding Hindu religious teachers at the National Outstanding Hindu Religious Teacher Award 2024 ceremony, held on October 15 in Bogor, West Java. This prestigious recognition aims to inspire educators to continue excelling in their roles. According to Trimo, Director of Hindu Education, the event coincided with the 2024 Teachers’ Day celebration, and it emphasizes not just professional success but also the importance of being a positive influence within one’s community. Trimo urged the awardees to embody excellence in their thoughts, words, and actions, encouraging them to be…