India is set to play a pivotal role in global economic growth over the next decade, contributing 20% of the world’s economic expansion as it moves towards becoming the third-largest economy globally, according to G20 Sherpa Mr. Amitabh Kant. Speaking at the AIMA convention, Mr. Kant underscored that India is not only the fastest-growing major economy but is also positioned as the fifth largest at present. He confidently predicted that within the next three years, India will surpass both Japan and Germany, securing its place as the third-largest economy in the world. Mr. Kant described India as a significant outlier…
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.
At the second Asia Pacific Ministerial Conference on Civil Aviation in New Delhi, India’s Minister of Civil Aviation, Mr. K. Rammohan Naidu, emphasised the nation’s ambitions to become a global aviation hub and kickstart domestic aircraft manufacturing. He emphasised the importance of infrastructure, integration, and innovation in achieving sustainable growth in the sector. India’s civil aviation market, one of the fastest-growing globally, has seen a significant expansion in fleet size, domestic passengers, and operational airports since 2014. Mr. Naidu also outlined plans to increase the number of airports from the current 157 to 350-400 by 2047, positioning India as a…
Union Home Minister and Minister of Cooperation Amit Shah announced a major new initiative to enhance India’s cybersecurity. Over the next five years, the Centre plans to train 5,000 ‘Cyber Commandos’ to tackle the increasing threat of cybercrime. This announcement was made during the first foundation day of the Indian Cyber Crime Coordination Centre (I4C), where Shah also launched the ‘Cyber Fraud Mitigation Centre’ (CFMC). Shah highlighted the importance of collaboration among stakeholders to address the borderless nature of cybercrime, stating, “The country’s progress is not possible without cybersecurity.” The new ‘Cyber Commandos’ program will create a specialized unit across…
Amway has set its sights on making India one of its top three global markets within the next five years, according to Rajneesh Chopra, Managing Director of Amway India. The company has invested $4 million (around Rs 35 crore) to establish four new research and development centres across India in Gurugram, Chennai, Bengaluru, and Dindigul (Tamil Nadu). This investment aims to enhance Amway’s product development capabilities, particularly in nutrition, beauty, and personal care. Chopra noted that Amway currently operates with around 550,000 active distributors and over 2 million customers in India. The company’s goal is to expand its customer base…
During a Q&A session at the Economic Club of New York, Donald Trump faced criticism for dodging a question on his childcare plan, including from the woman who posed the question, Reshma Saujani, an Indian American trustee of the club. Saujani, founder of Moms First and Girls Who Code, expressed her frustration on social media platform X, calling Trump’s response “incomprehensible at best, and at worst, outrageously offensive to the millions of families drowning in costs.” Saujani had raised the critical issue of childcare costs, explaining how they burden the U.S. economy by over $142 billion annually, outpacing inflation. She…
Union Minister of State Dr. Jitendra Singh is optimistic about the role of women-led startups in elevating India’s presence on the global stage in the near future. During the virtual inauguration of eight new NIDHI Inclusive Technology Business Incubators (i-TBIs) across the country and the launch of a new DST-NIDHI website at IIT Delhi, Dr. Singh underscored the critical importance of nurturing innovation and entrepreneurship. The newly established i-TBIs, which fall under the Department of Science and Technology’s NIDHI initiative, are situated at the Central University of Rajasthan, Guru Angad Dev Veterinary University Ludhiana, BLDE Bijapur, Aligarh Muslim University, Pranveer…
On Friday, former Republican Vice President Dick Cheney announced his decision to vote for Democratic presidential candidate Kamala Harris rather than Republican former President Donald Trump in the upcoming November 5 U.S. elections. This choice mirrors a recent statement made by his daughter, Liz Cheney. The race between Trump and Harris is becoming increasingly competitive, with a crucial debate scheduled for next week. In recent months, some Republicans dissatisfied with Trump’s leadership and actions have shifted their support to Harris, including numerous former aides of Presidents George H.W. Bush and George W. Bush. Dick Cheney, Vice President under George W.…
India’s Paralympic team has made history at the ongoing 2024 Paris Paralympics, surpassing all previous records with an impressive tally of 20 medals by Day 6. This achievement eclipses the nation’s best-ever haul of 19 medals at the Tokyo Paralympics in 2020, setting a new standard of success for Indian para athletes. The medal surge began on Monday when India secured eight medals in a single day, a record-breaking achievement in itself. The momentum continued into Tuesday, with the para athletics team adding five more medals to India’s count, all within just 30 minutes past midnight. A major highlight came…
India continues to be Morgan Stanley’s top choice among emerging markets (EM) and holds the second spot in the Asia-Pacific region. Recently, India surpassed China on September 4 in the MSCI Emerging Markets Investable Market Index (IMI), becoming the largest weight. India is now close to overtaking China as the top weight in the broader MSCI Emerging Markets index as well. The MSCI Emerging Markets IMI tracks large, mid, and small-cap stocks from 24 emerging market economies. In a recent report, international brokerage Morgan Stanley analysed whether this development is good or bad for Indian equities. Currently, foreign investors are…
Usha Vance, wife of J.D. Vance, has transformed her political stance from a potential Hillary Clinton supporter to a staunch advocate of the MAGA agenda for the 2024 election, according to sources speaking with DailyMail.com. According to a longtime family friend, Usha Vance, who was once a registered Democrat, has now aligned herself with her husband’s Republican campaign and Trump’s platform. This political shift reflects J.D. Vance’s own transformation in his views on Trump. Usha, a Yale-educated attorney, previously identified with the Democratic Party, a sentiment shared by her parents who still remain registered Democrats. Despite this, she has worked…
