The Reserve Bank of India has observed that India’s GDP growth remains robust, propelled by vigorous investment demand backed by sound bank and corporate balance sheets. This growth is further reinforced by the government’s emphasis on capital expenditure and the implementation of prudent monetary, regulatory, and fiscal policies. Despite encountering challenges from a complex global economic scenario, India’s economy is well-poised to advance its growth trajectory over the coming decade, maintaining stability both macroeconomically and financially. The gradual decline in headline inflation towards the target is anticipated to spur consumption demand, particularly in rural areas, contributing to sustained economic expansion.…
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.
On the eve of vote counting, Chief Election Commissioner (CEC) Rajiv Kumar announced on Monday that the Lok Sabha elections in India have achieved the highest voter turnout in the world. He described the Indian elections as a “miracle” during a press conference. During the press briefing, CEC Rajiv Kumar applauded the voters who participated in the Lok Sabha elections. He highlighted the record-breaking participation of 642 million voters, marking a historic achievement. This figure represents 1.5 times the combined voter base of the G7 countries and 2.5 times that of the 27 European Union (EU) countries. Kumar expressed gratitude…
With the conclusion of campaigning for the final phase of the Lok Sabha elections, Prime Minister Narendra Modi commenced a 45-hour meditation session at the Vivekananda Rock Memorial in Kanyakumari on Thursday. Upon arriving in the evening, Modi first offered prayers at the Bhagavathy Amman Temple before proceeding to the memorial. Modi’s meditation at Dhyan Mandapam, where Swami Vivekananda is believed to have had a divine vision of ‘Bharat Mata,’ will last from Thursday evening until the evening of June 1. Due to his visit, security has been heightened with 2,000 police personnel deployed, and the Indian Coast Guard and…
Indian American strategic finance leader Krishna Rao has taken on the role of chief financial officer at the artificial intelligence startup Anthropic. His appointment is expected to be instrumental in shaping the company’s financial strategy and operations, particularly as it aims for international expansion. The company announced Rao’s appointment on May 21, highlighting his nearly two decades of experience as a strategic finance leader for prominent, customer-focused brands and as an investor. Anthropic emphasized that Rao would play a pivotal role in advancing their enterprise momentum and supporting their global growth initiatives. Krishna Rao joins Anthropic from Fanatics Commerce, where…
An innovative study led by Ankur Gupta and his team of CU Boulder scientists suggests a potential revolution in charging technology. Gupta, an assistant professor of chemical and biological engineering at the University of Colorado Boulder, hails from Delhi, India, and began his academic journey at the Indian Institute of Technology (IIT) Delhi, followed by a stint at the Massachusetts Institute of Technology (MIT), where he earned his MS and PhD in Chemical Engineering. Their research, published in the Proceedings of the National Academy of Sciences, focuses on the movement of ions within intricate networks of tiny pores. Gupta envisions…
India experienced a significant rise in coffee exports, which increased by 12.22% to reach $1.28 billion in the fiscal year 2023-24. This growth was driven by a higher demand for Robusta coffee in international markets, as reported by the commerce ministry. In comparison, coffee exports were valued at $1.14 billion in the previous fiscal year, 2022-23. As Asia’s third-largest coffee producer and exporter, India cultivates both Arabica and Robusta coffee varieties. Arabica beans are characterized by lower caffeine content and a sweeter, smoother taste, while Robusta beans tend to be more bitter and harsher in flavor. In terms of volume,…
Psephologist-turned-politician Yogendra Yadav is the latest poll analyst, following American expert Ian Bremmer and political scientist Prashant Kishor, to forecast a victory for the BJP in the ongoing Lok Sabha elections. Yadav, however, anticipates that the BJP will not be able to replicate its 2019 success when it won 303 seats. He predicts the party will secure around 240-260 seats, with their NDA allies winning approximately 35-45 seats. Yadav also expects the Congress party to improve its performance, increasing its tally from 52 seats in 2019 to somewhere between 85 and 100 seats. In a tweet, Yadav dismissed the BJP’s…
Michael Dell, the founder, chairman, and CEO of Dell Technologies, acknowledges the vast talent pool in India and its crucial contribution as a major resource for the company. Speaking at the Dell Technologies World event in Las Vegas, Dell highlighted India’s swift economic advancement and dedication to innovation, especially in developing sovereign AI that reflects the nation’s languages and culture. He showcased Dell Technologies’ progress in AI, including the launch of an AI factory and enterprise AI tools, emphasizing the significance of deploying AI responsibly. Dell discussed the company’s governance frameworks designed to ensure ethical and responsible AI use, emphasizing…
Researchers have estimated that nearly 936 million adults worldwide are affected by obstructive sleep apnea (OSA), characterized by interruptions in breathing during sleep, leading to disrupted sleep patterns. Previous studies have associated OSA with an increased risk of various neurological conditions, such as cognitive decline, dementia, Parkinson’s disease, and Alzheimer’s disease. A recent study conducted by the University of California, Irvine, delved into the impact of sleep apnea severity during the rapid eye movement (REM) stage of sleep on verbal memory, particularly among older adults at high risk for Alzheimer’s disease. Published in the journal Alzheimer’s Research & Therapy, the…
After the tragic deaths of Iranian President Ebrahim Raisi and Foreign Minister Amir-Abdollahian, the Government of India has announced a one-day state mourning on Tuesday (May 21) nationwide to honor the departed leaders. The Ministry of Home Affairs stated that the National flag will be flown at half-mast across the country on all regularly flown buildings, and there will be no official entertainment on the designated day. The Iranian President met his demise while returning from a visit to Azerbaijan, when his helicopter crashed in Tabriz city. In response to the unfortunate incident, the Iranian Embassy in New Delhi lowered…
