Author: Senjuti Bhattacharya

In a significant development, the government of Karnataka and the US-based International Battery Company (IBC) have entered into an agreement. This memorandum of understanding (MoU) was formalized on August 1st, wherein both parties have committed to establish a facility for manufacturing recyclable lithium-ion batteries. The investment for this endeavor, amounting to $1 billion (approximately Rs. 8000 crore), will be made in the state. The MoU was signed and exchanged by IBC India President Venkatesh Valluri and Dr. Selvakumar, Principal Secretary for the Department of Commerce and Industries. This signing event took place in Bengaluru, witnessed by Large and Medium Industries…

ISRO’s Chandrayaan-3 has successfully completed orbits around Earth and is now on its way to the moon. The spacecraft was injected into the translunar orbit after a successful perigee-firing at ISTRAC. The Lunar-Orbit Insertion (LOI) is scheduled for August 5, 2023. Following that, four orbit manoeuvres will be conducted to position the spacecraft about 100 km from the Moon’s surface in its final orbit. Previously, the spacecraft’s orbit was increased five times after its launch on July 14. On July 25, the fifth and final orbit-raising manoeuvre was completed. Chandrayaan-3 is expected to reach the Moon’s South Pole for a…

According to a report from the State Bank of India’s Economic Research Department, India is projected to become the world’s third-largest economy by fiscal year 2027-28. The economists at SBI credited India’s progress since 2014 and estimated that India would achieve this status based on actual GDP data as of March 2023. The report highlighted that India is expected to add USD 0.75 trillion every two years, indicating that India could reach USD 20 trillion by 2047. The country’s global share in GDP is predicted to surpass 4% by 2027, reflecting a significant improvement from its tenth position in 2014…

India is poised to surpass Japan and Germany in 2027, becoming the third-largest economy globally, according to the State Bank of India’s Ecowrap report. This projection comes after India’s recent strides in economic growth and policy reforms, including initiatives like Make in India, PM Gati Shakti infrastructure drive, and targeted social welfare schemes. The country’s recovery from the COVID-19 phase has been strong, further fueling its growth trajectory. Geopolitical and geo-economic shifts have strengthened India’s prospects, attracting multinational companies looking to expand their operations in the Indian market. Japan, in particular, has shown significant interest in India, with over 72%…

Ten early stage ventures are set to showcase their ‘made for India’ innovations and receive mentorship from top investors in an upcoming original show. The collaboration between Prime Video and the Office of the Principal Scientific Adviser, Government of India, has given rise to Mission Start Ab, an original TV series that aims to highlight India’s grassroots innovators and their success stories. Through a series of challenges, promising entrepreneurs will strive to scale up their businesses and secure funding. Mission Start Ab will engage audiences by sharing the human stories behind each promising startup. The seven-episode series will captivate viewers…

The playoffs of Major League Cricket (MLC) are set to begin today at the recently reopened Grand Prairie Stadium in Dallas, and it promises to be an exciting event. The teams competing for the inaugural MLC Championship are MI New York, The Washington Freedom, Seattle Orcas, and the Texas Super Kings. The first match at 3:30pm CT features the Washington Freedom against MI New York in the “Eliminator” game. Both teams earned the third and fourth seed positions, respectively, entering the playoffs. The loser of this match will be eliminated from the competition, while the winner will advance to the…

​Royal Stag Boombox, in collaboration with Viacom18, is a first-of-its-kind musical experience, where the melody of Bollywood meets the gully of hip hop, making way for the rise of a completely new genre of music. Music evokes emotions in people across generations, making it a significant passion pillar for Seagram’s Royal Stag. In this modern era, the younger audience is more inclined towards exploring exciting new forms of music. Celebrating the spirit of ‘Living it Large’ and having enthralled thousands of music lovers in Manipal, Bhubaneshwar, Pune, Indore & Dehradun with its unique on-ground experiences, Royal Stag Boombox enters its…

The Pradhan Mantri Suraksha Bima Yojana (PMSBY) is a scheme that offers insurance coverage to individuals of all income levels, provided they have a bank or post office account and fall within the age bracket of 18 to 70 years. This initiative aims to extend financial protection to a wide range of people across the country. In a recent written response to a question in Rajya Sabha, Dr. Bhagwat Kisanrao Karad, the Union Minister of State for Finance, highlighted the scheme’s progress. According to the latest data as of June 28, 2023, insurance companies have successfully settled a significant number…

The Government of India introduced the National Tele Mental Health Programme, Tele Mental Health Assistance and Networking Across States (Tele MANAS), as part of the District Mental Health Programme, in October 2022. Its objective was to enhance mental health service delivery in the country, and it has now achieved a significant milestone. The toll-free service has received over 200,000 calls from all over India since its inception, indicating a consistent upward trend. In just three months, the number of calls received has exponentially risen from 100,000 in April 2023 to 200,000. With 42 operational Tele MANAS cells in 31 states…

Harold D’souza, an Indian-American survivor of labor trafficking and debt bondage, was bestowed with the Human Rights Hero Award 2023 at the 17th Annual International Human Rights Youth Summit held at the United Nations headquarters in New York. The award was presented to D’souza in recognition of his remarkable efforts and unwavering commitment to educate millions about human rights and raise awareness to combat human trafficking through his non-profit organization, Eyes Open International (EOI). EOI focuses on fighting modern-day slavery with survivor-informed expertise. In his acceptance speech, D’Souza shared his personal journey of coming to the United States on an…