Union Minister of Commerce and Industry, Piyush Goyal, recently stressed the importance of improving quality standards in India. Addressing the Federation of Indian Chambers of Commerce and Industry’s (FICCI) 97th Annual General Meeting, he urged industries to collaborate with technical committees and appoint representatives to uphold these standards. Goyal emphasized that India must position itself not only as a trusted partner but also as a provider of high-quality goods, a crucial step toward achieving the vision of a “Viksit Bharat” (Developed India). He also called for closer cooperation between industry leaders and the government to reduce compliance challenges and decriminalize…
Author: Shradhanjali Mukherjee
Shradhanjali Mukherjee
Salina Shah
Prime Minister Narendra Modi has solidified his position as the most trusted representative of the Global South. Through consistent advocacy at international platforms, Modi has spotlighted the concerns of developing countries, enhancing India’s credibility on the global stage. His recent receipt of the highest honors from three nations and a second-highest award from another within five days underscores his influential status. PM Modi’s recognition includes honors from Dominica, Nigeria, Guyana, and Barbados. Dominica acknowledged his leadership during the COVID-19 crisis when India supplied 70,000 AstraZeneca doses and promoted climate resilience efforts. Nigeria awarded Modi the Grand Commander of the Order…
India and Guyana took a significant step towards deepening their bilateral ties with the signing of 10 agreements across multiple sectors, including hydrocarbons, digital payments, pharmaceuticals, agriculture, and defense. The discussions between Prime Minister Narendra Modi and Guyanese President Mohamed Irfaan Ali aimed to bolster cooperation and explore new avenues for collaboration. During his media statement, PM Modi highlighted Guyana’s growing role in India’s energy security, noting that a long-term partnership blueprint will be developed. He also underscored the importance of his visit, marking the first time in 56 years that an Indian Prime Minister has visited Guyana. Reflecting on…
Guyana’s President Mohamed Irfaan Ali hailed Prime Minister Narendra Modi as a “champion among leaders” for his exceptional leadership and invaluable contributions to the developing world. Speaking at a gathering in Georgetown, President Ali praised Modi’s governance strategies, emphasizing their adoption in Guyana and beyond. “It is an honor to host you here. Your leadership has inspired the developing world, setting frameworks for growth that many nations are implementing,” Ali remarked. Prime Minister Modi arrived in Guyana on Tuesday, becoming the first Indian leader to visit the nation in 56 years. His visit followed the G20 Summit in Brazil and…
Mukesh Ambani, Chairman and Managing Director of Reliance Industries, has made history as the only Indian to feature on Fortune’s first-ever list of the 100 Most Powerful People in Business. Ranked 12th, this recognition celebrates his global influence as a visionary leader. Under Ambani’s leadership, Reliance Industries has flourished across diverse sectors, from petrochemicals and retail to telecommunications and entertainment. With a net worth of $98 billion and a market capitalization of $203.52 billion USD as of November 2024, Reliance has significantly transformed the Indian business landscape. Notably, the launch of Jio revolutionized India’s telecom sector, enhancing internet accessibility nationwide.…
In a groundbreaking achievement, India successfully conducted a flight test of its long-range hypersonic missile off the Odisha coast, marking a significant milestone in its defense capabilities. This cutting-edge missile places India among a select group of nations possessing weapons that can strike at extreme speeds and evade most air defense systems. Defence Minister Rajnath Singh hailed the test, conducted under India’s inaugural long-range hypersonic mission, as a “historic moment” and a “stupendous achievement.” Sharing the news on ‘X,’ Singh emphasized the importance of this success in establishing India as a leader in advanced military technology. Developed by the Defence…
Republican candidate Donald Trump has emerged victorious in the US presidential election, capturing a decisive majority in the Electoral College and, for the first time, winning the popular vote. Vice President Kamala Harris, who joined the race after President Joe Biden’s withdrawal, narrowly lost the election. This marks the second time in three elections that a female Democratic candidate was unable to defeat Trump. The latest episode of Grand Tamasha, a podcast on Indian politics and policy, explored the election’s implications for Indian Americans and US-India relations. Featured guests Sadanand Dhume from the Wall Street Journal and Tanvi Madan from…
Dr. Sandeep Mazumder has been unanimously chosen by the Berry College Board of Trustees to serve as its ninth president, with his term beginning on July 1, 2025. Mazumder will succeed President Stephen Briggs, who has led the college since 2006 and is set to retire at the end of the academic year. Mazumder expressed admiration for Berry’s mission of educating students’ head, heart, and hands to inspire community-focused leaders. “It is an honor to serve as Berry College’s next president,” he said, highlighting his commitment to championing Martha Berry’s philosophy and amplifying the college’s national reputation. John Coleman, chair…
The Indian mutual fund industry showcased its resilience in October 2024, even as market fluctuations led to a decline in assets under management (AUM). Domestic equity funds witnessed a 3.6% month-on-month (MoM) drop, settling at $387.32 billion, following a 6.2% decline in the Nifty index. However, the industry achieved an all-time high in equity inflows, recording $5.92 billion—a significant 37% jump from September’s $4.33 billion. Systematic Investment Plan (SIP) contributions also surged, hitting a record $3.01 billion, reflecting a robust 49.6% year-on-year growth. Equity schemes displayed resilience, with sales rising by 3.5% MoM to reach $10.33 billion. Slower redemption rates,…
Under the leadership of Rohit Chopra, the Consumer Financial Protection Bureau (CFPB) is moving to place Google under formal federal supervision, as reported by The Washington Post. This could result in Google undergoing regular inspections and scrutiny similar to the monitoring that major banks face. However, the tech giant has been resistant to the idea throughout months of secretive discussions, according to sources familiar with the talks. Founded after the 2008 financial crisis, the CFPB aims to create more effective regulations, enforce rules consistently, and empower consumers in financial markets. While the agency currently conducts inspections of large banks and…
