Author: Nupur Rohila

South Africa broke their semi-final jinx by dominating Afghanistan to secure their first men’s T20 World Cup final appearance. Despite failing to advance from their previous seven World Cup semi-finals across different formats, the Proteas bowled out Afghanistan for 56 in 11.5 overs on a challenging pitch, clinching a nine-wicket victory in Trinidad. Marco Jansen set the tone by dismissing Rahmanullah Gurbaz, Afghanistan’s leading run-scorer in their remarkable journey to the semi-finals, reducing the score to 28-6 early on. Spinner Tabraiz Shamsi wrapped up the innings with impressive figures of 3-6, while Jansen ended with 3-16. However, concerns were raised…

The Centre is considering the establishment of a global trade promotion body aimed at enhancing MSME exports, as per sources familiar with the matter. This initiative is being proposed in light of India’s growing trade deficit and the critical need to boost exports. This new entity, modeled after the Japan External Trade Organization (JETRO) and the Australian Trade and Investment Commission (AUSTRADE), will have branches in major global economies. The focus of this organization will be to support MSMEs, which often lack the financial capacity to market their products internationally on their own. One source indicated a strong demand for…

Four officers from the Armed Forces Medical Service (AFMS) of India have achieved remarkable success at the 43rd World Medical and Health Games in Saint-Tropez, France, held from June 16 to 23, 2024. Maj Anish George, Capt Stephen Sebastian, Lt Col Sanjeev Malik, and Capt Dania James collectively secured an unprecedented 32 medals, including 19 gold, 9 silver, and 4 bronze medals. Lt Col Sanjeev Malik, in the above 35 years male category, secured five gold medals across events like 800m, 1500m, 3000m, 5000m, cross country, and 4x100m relay. Maj Anish George, competing in the under 35 years male category,…

The primary market is experiencing robust growth, achieving unprecedented milestones alongside the secondary market. As the first half of the year draws to a close, three initial public offerings (IPOs) are set to conclude, marking the strongest performance in 17 years. According to data from the Prime Database, a total of 37 companies across various sectors have collectively raised nearly US$ 3.83 billion during this period. This represents a fourfold increase compared to the same period last year, driven by substantial liquidity from both domestic and foreign investors. Unlike previous election years characterized by subdued IPO activity, the current year…

S&P Global India has reaffirmed its standing among the nation’s leading workplaces, securing the 47th position in India’s Top 100 Best Companies to Work For 2024, accredited by the Great Place to Work Institute. This achievement marks the company’s fourth consecutive year within the top 100 and its second consecutive year in the top 50 among leading organizations. Nilam Patel, Managing Director of S&P Global’s India Operations, expressed pride in the accolade, stating, “We are delighted and humbled to be recognized among India’s Top Companies to Work For in 2024. This prestigious ranking in the Top 50 underscores the exceptional…

Prime Minister Narendra Modi held bilateral discussions with Bangladeshi Prime Minister Sheikh Hasina at Hyderabad House in New Delhi on Saturday. Randhir Jaiswal, spokesperson for the Ministry of External Affairs (MEA), noted that PM Modi warmly welcomed his Bangladeshi counterpart, highlighting that this marked their tenth meeting since 2019, symbolizing significant advancements in bilateral relations. “Sheikh Hasina, the first foreign leader on a bilateral state visit to India during Modi 3.0, received a ceremonial welcome at Rashtrapati Bhavan this morning,” mentioned the MEA, emphasizing the event as a gesture for a “special partner.” Prime Minister Hasina arrived in India on…

At a recent UN Security Council meeting in New York, India advocated for the application of global anti-terrorism treaties to the cyber domain. This meeting, held on June 20, 2024, focused on evolving threats in cyberspace under the agenda item “Maintenance of International Peace and Security.” During the session, India’s representative highlighted the inadequacies of current international law in addressing cyberattacks. Citing India’s long-standing experience as a victim of terrorism, the representative emphasized the grave nature of cyberterrorism. India proposed that cyber threats, including attacks on critical infrastructure, information and financial systems, and government networks, should be classified as terror…

According to a recent Nasscom-Zinnov study, India hosts over 3,600 startups in the deeptech sector, placing it sixth in the global deeptech ecosystem. Remarkably, more than 480 of these startups were founded in 2023 alone, a number that is double the figure from 2022. Over 100 of these new startups have created intellectual property or innovative solutions in emerging domains, with 74% concentrating on AI, a significant rise from the 62% seen between 2014 and 2022. Despite being recognized as a major hub for global AI talent and boasting the largest pool of developers, India still ranks sixth in the…

In a thrilling Super Eight encounter of the ICC Men’s T20 Cricket World Cup at Sir Vivian Richards Stadium, the USA chose to bowl first after winning the toss against South Africa. South Africa’s innings was propelled by Quinton de Kock’s outstanding performance, earning him the player of the match accolade for his impressive 74 off just 40 balls, which included seven fours and five sixes, at a striking rate of 185.00. De Kock’s aggressive batting set a strong foundation for South Africa early in the game. Reeza Hendricks scored 11 runs before Corey Anderson caught him off Saurabh Netravalkar,…

The recent ASK Private Wealth Hurun India Future Unicorn Index 2024 reveals a dynamic landscape within India’s startup ecosystem. Three startups, Zepto, InCred Finance, and logistics platform Porter, achieved unicorn status, contrasting with 25 others that exited the prestigious list. Notably, Ixigo departed following its successful Initial Public Offering earlier this year. The report highlights the formidable challenges startups confront amid a funding-constrained environment worsened by economic slowdown and rising interest rates. Anas Rahman Junaid, Managing Director at Hurun India, pointed out a decrease in unicorn promotions compared to previous periods, indicating a critical juncture for the startup sector. Despite…