Vivek Chaand Sehgal, Australia’s richest Indian entrepreneur, has built a multi-billion-dollar empire from modest beginnings. In the 1970s, he earned just $30 per month, but through persistence and strategic decisions, he created a business worth $5,500 million today. Born on September 28, 1956, in Delhi, Sehgal grew up in a family of jewelers and studied at Birla Public School in Pilani before graduating from Delhi University. His first business venture involved silver trading, where he sold silver at just one rupee per kilogram. Despite financial struggles, he remained determined to find better opportunities. In 1975, he co-founded the Madrasan Company…
Author: Deepika chandrasekar
The Indian Space Research Organisation (ISRO) has announced that the Ocean Colour Monitor (OCM) sensor on its EOS-06 satellite has successfully mapped phytoplankton concentration on a global scale. Sharing an update on X, ISRO revealed that the OCM sensor on EOS-06 captures chlorophyll-a (Chl-a) concentration worldwide every two days. The agency also shared an image showcasing high-resolution global data collected from January to December 2024. These ocean colour observations provide crucial insights into the biochemical variability of oceans, supporting research in oceanography and climate science. EOS-06, also known as Oceansat-3, is the third-generation satellite in India’s Oceansat program. It was…
IT Minister Ashwini Vaishnaw recently met OpenAI CEO Sam Altman to discuss India’s ambitious AI strategy, focusing on creating an entire AI ecosystem, including GPUs, models, and applications. The minister shared on X that Altman expressed his willingness to collaborate with India across all three areas. Vaishnaw also mentioned how Prime Minister Modi’s vision of democratizing technology resonated with Altman. Drawing a parallel to India’s Chandrayaan 3 mission, which was accomplished at a fraction of the cost compared to other nations, Vaishnaw emphasized the potential for India to develop a low-cost AI model that could be just as effective. He…
Prime Minister Narendra Modi on Tuesday suggested a surprising addition to the reading list of Lok Sabha MPs—JFK’s Forgotten Crisis, a book by US foreign policy expert Bruce Riedel. His recommendation came amid an ongoing debate in Parliament regarding the government’s handling of the China border issue, which had drawn questions from Congress MP Rahul Gandhi and Samajwadi Party leader Akhilesh Yadav during the discussion on the Motion of Thanks to the President’s Address. In his reply to the debate, PM Modi took the opportunity to reference the book while indirectly criticizing former Prime Minister Jawaharlal Nehru. A frequent subject…
Virat Kohli’s return to the Ranji Trophy has sparked immense excitement in the Delhi squad, according to captain Ayush Badoni, who praised the positive impact of the veteran batter’s presence. Badoni shared, “Everyone is thrilled and highly motivated to have him on the team. His presence brings a unique energy and makes the atmosphere much livelier.” Kohli’s return to the Delhi squad marks a special moment, as the 36-year-old prepares for his first Ranji Trophy match in 12 years at the Arun Jaitley Stadium in Delhi. This is the same stadium where Kohli made his first-class debut in November 2006,…
Finance Minister Nirmala Sitharaman has dismissed Opposition claims that Bihar’s budget allocations were politically motivated, asserting that a state with such a high population density and historical significance deserves key infrastructural developments. Speaking to NDTV’s Editor-in-Chief Sanjay Pugalia, she defended the Centre’s decision to allocate significant resources to Bihar ahead of its upcoming Assembly elections. During her Budget speech, Sitharaman announced major initiatives for Bihar, including a board to support Makhana production in North Bihar, financial aid for the Western Kosi Canal project in Mithilanchal to enhance irrigation, and expansion plans for IIT Patna. Additionally, the Budget outlined the establishment…
Finance Minister Nirmala Sitharaman has unveiled the Union Budget 2025-26, highlighting strategies to accelerate economic expansion, foster inclusive development, boost industries, and enhance household financial confidence. A key focus of the budget is increasing the purchasing power of India’s growing middle class. Outlining the government’s objectives, Sitharaman emphasized five critical areas: rapid economic growth, inclusive progress, societal and industrial development, improved household sentiment, and increased middle-class spending. Despite global geopolitical uncertainties that could affect economic momentum, she expressed optimism about India’s resilience, citing the nation’s strong economic policies and structural reforms over the past decade. These initiatives have positioned India…
Kash Patel, a 44-year-old Indian American, is one step closer to becoming one of the most influential figures in President Trump’s circle, after his confirmation hearing for the position of FBI Director. Patel, who has held various positions as an assistant public defender, federal prosecutor, and congressional staffer, presented himself as a steadfast supporter of law enforcement during his hearing before the Senate Judiciary Committee. While often in disagreement with Senate Democrats, he remained composed and stressed his commitment to transparency and fighting violent crime within the FBI. Patel emphasized that, if confirmed, he would focus on upholding the FBI’s…
Indian-origin South African filmmaker, Anant Singh, has been appointed to the newly established Global Arts and Culture Council (GACC), unveiled at the 2025 World Economic Forum (WEF) in Davos. Singh, renowned for using his films to tackle issues like apartheid, HIV/AIDS, and gender-based violence, has gained international recognition, particularly for his work on the biopic “Long Walk to Freedom”, which tells the story of Nelson Mandela. In 2001, Singh was honored with the WEF Crystal Award for his contributions to film and society. The GACC, co-founded by Hilde Schwab and Professor Klaus Schwab, aims to harness the power of creativity…
India’s semiconductor market is expected to witness a significant expansion, growing at an annual rate of 13% and reaching $103.4 billion by 2030, according to the India Electronics and Semiconductor Association (IESA). The sector, currently valued at $52 billion in 2024, is being propelled by major industries such as mobile handsets, IT, telecommunications, consumer electronics, automotive, aerospace, and defense. Among these, mobile devices, IT, and industrial applications collectively contribute nearly 70% of the industry’s revenue and are anticipated to remain the primary growth drivers. “The semiconductor market in India is projected to reach $52 billion in FY23 and maintain a…