Courtesy : Twitter In a recent meeting, India’s seven top gamers had the opportunity to engage in discussions with Prime Minister Narendra Modi. This event is not just a milestone for India’s gaming community but also underscores the increasing significance and impact of gaming within the country’s cultural and economic spheres. The meeting included notable gaming influencers who expressed their belief that Prime Minister Modi’s vision could dramatically transform the gaming landscape in India. Gamers such as Animesh Agarwal, Mithilesh Patankar, Payal Dhare, Naman Mathur, and Anshu Bisht were among those who shared insights on the burgeoning e-gaming industry with…
Author: Staff Reporter
Prime Minister Narendra Modi’s interview with Amar Ujala, a Hindi-language daily newspaper published in India that was founded in 1948. It has 22 editions in six states and two union territories, covering 180 districts. It has a circulation of around two million copies. The interview was done in Hindi. Here is the English translation. Question: Villages are becoming vacant in Uttarakhand, which has beautiful and immense natural wealth. The new generation does not want to live in the mountains. The migration is not stopping. What is the plan from the Center for their secure future? Answer: I have spent…
The landscape of investment in India has witnessed a remarkable transformation over the past decade, particularly in the realm of exchange-traded funds (ETFs). The Assets Under Management (AUM) associated with ETFs in India have experienced an exponential surge, escalating from a modest US$ 42.2 million in 2014 to an impressive US$ 75.42 billion today. This significant growth underscores a shifting paradigm towards passive investing among Indian investors. ETFs, known for their ability to replicate the performance of specific market indexes or sectors, offer a streamlined and cost-efficient avenue for investors to participate in the equity markets. This method allows…
In 2023, India emerged as a significant player in the global Web3 development sphere, accounting for nearly 12% of all Web3 developers worldwide. This marks a substantial rise from just 3% in 2018, according to a recent analysis. The nation now boasts a vibrant ecosystem of over 1,000 Web3 startups, positioning it as one of the foremost hubs for Web3 innovation on the global stage. What is web3 Web3, or Web 3.0, often referred to as the decentralized web or semantic web, represents the internet’s evolution, founded on blockchain technology and governed by its users. This next-generation internet is designed…
Renowned billionaire entrepreneur and philanthropist, Dr. Kiran Patel, alongside his wife Dr. Pallavi Patel, marked a significant milestone in their commitment to education and healthcare by inaugurating the Orlando College of Osteopathic Medicine (OCOM) in Winter Garden, Florida. The launch event coincided with Dr. Kiran Patel’s 75th birthday, underscoring the couple’s dedication to advancing medical education. Dr. Kiran Patel revealed that OCOM is part of his broader vision to establish a medical school under the banner of Patel University, with plans for expansion into Zambia and India. Addressing the gathered guests, including Indian Americans from across the nation, Dr. Kiran…
PepsiCo, the conglomerate known for brands like Pepsi, Lay’s, Quaker, and Kurkure, has declared a $150 million investment to establish a flavor manufacturing plant in Ujjain, Madhya Pradesh. This initiative is part of the company’s effort to expand its beverage production capabilities in India and will also create employment opportunities. This announcement came concurrently with India’s meteorological department predicting an extended period of heatwaves, highlighting the potential increase in beverage demand. The Ujjain facility is PepsiCo’s second such plant in India, dedicated to creating beverage flavors specifically for the Indian market. Embracing PepsiCo’s “Winning with pep+” strategy, which focuses on…
In March 2024, India’s Goods and Services Tax (GST) collections reached a towering US$ 21.3 billion, securing its position as the second-highest revenue achievement in the nation’s history and showcasing a substantial year-on-year growth of 11.5%. This remarkable upswing was predominantly propelled by an impressive 17.6% increase in GST revenue collected from domestic transactions, illustrating a vigorous domestic market and an uptick in internal trade activities. Following the adjustments for refunds, the net GST revenue for the month of March 2024 escalated to US$ 19.8 billion. This figure represents an outstanding 18.4% increase over the revenue collected during the…
India’s influencer marketing sector is on the cusp of a significant growth spurt, driven by the rapid changes in the digital world. Current trends suggest a noteworthy rise in this industry, with influencer marketing becoming a critical element in three-quarters of brand strategies. Expected to increase by 25% to US$ 281 million in 2024, the sector is projected to reach US$ 404 million by 2026. A joint study by EY and Big Bang Social reports that 56% of brands have dedicated over 2% of their budgets to influencer marketing. Furthermore, 70% of these brands plan to either sustain or boost…
Ms. Nirmala Sitharaman, the Minister of Finance for the Union of India, praised India’s solid digital infrastructure and attributed the country’s leading position in digital transactions to the widespread accessibility of electronic transactions. She brought attention to India’s monthly tally of 433 Millions digital transactions while speaking at the Viksit Bharat 2047 Ambassador Campus Dialogue. She also emphasized the seamless integration of buyers, sellers, and payment systems that is made possible by digital public infrastructure. In addition, she praised India’s progress in the fields of the mobile phone industry and renewable energy, which she attributed to programs such as the…
Photo Courtesy : X/Twitter The film “Ae Watan Mere Watan,” featuring Sara Ali Khan in the lead role, made its debut on Amazon Prime Video on March 21st. Sara takes on the role of the valiant freedom fighter, Usha Mehta, in the cinematic piece. Kannan Iyer helmed the project as both director and co-writer, with Karan Johar, Apoorva Mehta, and Somen Mishra serving as producers. The narrative explores the life of Usha Mehta and the operations of Congress Radio, a covert radio channel she ran during the Quit India Movement in 1942. Despite the fact that the movie has received…
