Author: Senjuti Bhattacharya

India holds the second position globally, following the United States, for the number of companies consistently posting a return on equity (ROE) above 20% for over a decade, according to a report by DSP Mutual Funds. This performance underscores the strength of Indian businesses and the solid fundamentals that are driving the country’s stock market success. The report highlights that this consistent ROE is a result of the financial health and operational efficiency of Indian companies, rather than relying on popular market narratives. The report also emphasized the steady growth in the book value of Indian companies, which has been…

Union Minister for Commerce and Industry Piyush Goyal expressed confidence in India’s economic trajectory, predicting that the country’s exports would surpass $1 trillion within the next two to two-and-a-half years. Speaking at the India Economic Conclave organized by Times Network, he noted that India is on track to exceed $800 billion in exports this year, demonstrating the country’s increasing presence in global trade. Goyal highlighted India’s growing reputation as a prime investment destination. He stated that exports are expected to surpass $800 billion this year and approach a trillion dollars within the next two to two-and-a-half years, adding that India…

On Tuesday, Amazon announced its ambitious goal to achieve US$ 80 billion in cumulative exports from India by 2030, joining forces with the Department for Promotion of Industry and Internal Trade (DPIIT). The collaboration is part of Amazon’s strategy to help establish India as a global manufacturing hub. Amit Agarwal, Senior Vice President for Emerging Markets at Amazon, emphasized the company’s intensified efforts to boost exports, aiming to increase its impact in India fourfold. Earlier, Amazon set a target to digitize 10 million micro, small, and medium enterprises (MSMEs) in India, facilitate US$ 20 billion in exports, and generate 2…

Prime Minister Narendra Modi inaugurated the Rising Rajasthan Global Investment Summit on Monday in Jaipur, running from December 9 to 11. The summit aims to attract global investors and industry leaders, focusing on Rajasthan’s innovation and development potential. In his address, PM Modi emphasized India’s economic growth, stating that the country has become the world’s fifth-largest economy by following the principles of “Reform, Perform, and Transform.” He noted that in the past decade, India has doubled its economy and exports, making the nation a preferred destination for global investors. Highlighting India’s advancements in digital infrastructure, democracy, and demographics, PM Modi…

The Flower Mound Town Council in Texas has honored two Indian Americans, Kirti Patel and Samadhi Basnayake, with the 2024 Outstanding Citizenship Award for their contributions to community life. Their dedication highlights a blend of experience and youthful enthusiasm, both aimed at enhancing the quality of life in Flower Mound. Kirti Patel was named the winner in the individual category. For over 15 years, she has organized community events like Holi and Diwali, promoting unity and cultural awareness. She leads the Dancing Diva group, a collective of 50 women of various ages who share a passion for dance. Through her…

Alia Bhatt’s much-awaited action thriller Jigra is finally set to stream on Netflix starting December 6, 2024, following its theatrical release in October. Netflix India revealed the release date with a bold Instagram post, featuring a poster and the intriguing caption, “Phoolon aur taaron ne kaha hai, ulti ginti shuru karlo (stars emoticon),” hinting at the film’s suspenseful and thrilling tone. Directed by Vasan Bala, Jigra is Bhatt’s only solo film release in 2024. The film also features Manoj Pahwa, Vivek Gomber, and Vedang Raina in supporting roles. Jigra follows the story of Satya Anand (Alia Bhatt), a dedicated sister…

Prime Minister Narendra Modi is set to deliver a virtual address at the ‘Karyakar Suvarna Mahotsav’ of the BAPS Swaminarayan sect this Saturday in Ahmedabad, as announced by a sect leader. The grand golden jubilee event, hosted at the Narendra Modi Stadium, will also feature Union Home Minister Amit Shah, Gujarat Chief Minister Bhupendra Patel, and several state ministers and former officials. The celebration aims to honor the contributions of 100,000 BAPS volunteers from around the world and pay tribute to the late Pramukh Swami Maharaj on his birth anniversary. Volunteers from over 30 countries, including the UK, the USA,…

A heartwarming photo of US Vice President-elect JD Vance enjoying a Thanksgiving dinner with his wife Usha Vance’s Indian family has gone viral. The picture, shared by Silicon Valley venture capitalist Asha Jadeja Motwani, showcases Vance with his son on his shoulders, and Usha holding their daughter, surrounded by 21 family members dressed in traditional Indian attire. The family, seen celebrating in a backyard, is admired for its connection to Indian culture, with many praising Vance for embracing his wife’s heritage. The viral photo has sparked positive reactions on social media, with users admiring Vance for his openness to Indian…

Several Indian-origin individuals have been appointed to prominent roles in Donald Trump’s incoming administration, reflecting the growing influence of the Indian-American and Hindu-American communities. Johnnie Moore, former Commissioner of the U.S. Commission on International Religious Freedom, highlighted the importance of the Indian-American community in Trump’s second term, saying, “Usha, Tulsi, Vivek, Jay and now Kash. The Indian-American / Hindu-American community will be at the very heart of the second Trump administration.” Usha Vance, wife of Vice President-elect JD Vance, hails from Andhra Pradesh, India, while Republican leader Vivek Ramaswamy, born in the U.S. to parents from Kerala, has gained prominence.…