Induced AI, an emerging startup specializing in enterprise AI automation, recently achieved a significant milestone by securing $2.3 million in a recent funding round. This funding round attracted notable investors within the industry. One of the prominent figures in this investment was Sam Altman, a co-founder of OpenAI, who played a pivotal role by contributing his extensive knowledge and experience. Other key participants in this funding round included Peak XV, SV Angel, Signalfire, Superscript, IDEO Colab Ventures, Human Capital, On Deck, Untitled Ventures, along with various other investors. Founded earlier this year by two young entrepreneurs of Indian origin, Aryan…
Author: Shradhanjali Mukherjee
Russian President Vladimir Putin has expressed admiration for Prime Minister Narendra Modi’s leadership, describing him as a “very wise man” during an event. Putin highlighted the significant progress India has achieved under Modi’s guidance, emphasizing the positive political relations between the two countries. He stated that India’s development aligns with the interests of both India and Russia, fostering cooperation on various agendas. Putin’s praise follows the G20 Summit in India, where the New Delhi Declaration was adopted. This declaration, seen as a “milestone” by Moscow, emphasized peace in the Ukraine conflict without assigning blame to Russia, marking a shift from…
S. Jaishankar, the External Affairs Minister of India, recently concluded an 8-day visit to the United States, earning praise from top officials of President Joe Biden’s administration. During a special reception hosted by India’s Ambassador to the US, Taranjit Singh Sandhu, in honor of Jaishankar, President Biden himself hailed Jaishankar as the “architect” of modern US-India relations. The event drew the attendance of notable figures from the Biden administration, including US Surgeon General Vivek Murthy, Deputy Secretary of State Richard Verma, Neera Tanden (President Biden’s domestic policy advisor), Dr. Rahul Gupta (Director of the White House Office of National Drug…
On October 3, the tenth day of the Asian Games came to a close with India adding eight more medals to its collection. Notably, Indian athletes Annu Rani and Parul Chaudhary achieved a historic milestone by winning the country’s first-ever gold medals in women’s javelin throw and women’s 5000m events, respectively. Annu Rani achieved gold with a remarkable throw of 62.92 meters, marking her second Asian Games medal, having previously won bronze at the 2014 Asian Games. In the women’s 5000m final, Parul Chaudhary secured gold by crossing the finish line in 15:14.75. The 28-year-old athlete had earlier won silver…
Indian-Americans have gained prominence in the United States, with many holding key positions in the current administration led by President Joe Biden. Neera Tanden, Director of the United States Domestic Policy Council, emphasized the strong relationship between the Indian-American community and the government during an event at India House, the official residence of India’s Ambassador to the US. Tanden highlighted the substantial growth of Indian-American representation in Washington over the years, noting that Indian Americans now occupy roles throughout the administration, including the Office of Science and Technology Policy and the President’s speechwriting team. She attributed this progress to the…
India, having established itself as a prominent voice for the Global South, is now looking to take a more active role in Africa. It is gearing up to explore opportunities within the African Continental Free Trade Area (AfCFTA), a mega trade agreement involving 55 member nations. AfCFTA aims to create a single market with a combined GDP of approximately $3.4 trillion and serve as a gateway to a population of 1.3 billion, providing a substantial market. Indian investments in Africa are steadily increasing, and African nations are seeking support from India, particularly in areas such as food security, digitization, healthcare,…
According to the latest report from Cushman and Wakefield, the commercial real estate market is experiencing a boost thanks to the increased activity in India’s manufacturing sector. The sector’s share has grown significantly, rising from 6% in 2018 to 15% in 2022. This growth can be attributed to the government’s Make in India initiative, aimed at attracting foreign investment in manufacturing, and the Production Linked Incentive (PLI) schemes. These schemes have the potential to generate an additional Rs. 30 lakh crore (US$ 360 billion) in production by 2027, further fueling the expansion. Notably, occupiers in the engineering and manufacturing (E&M)…
During the Foundation Day celebrations of the Council of Scientific and Industrial Research (CSIR) in New Delhi, S Somanath, Chairman of the Indian Space Research Organisation (ISRO), emphasized that nearly 95% of the components used in rockets, including those for the Chandrayaan 3 mission, were domestically produced. This achievement was the result of years of collaboration between ISRO, Indian industries, laboratories, and defense agencies. The focus was on indigenization of materials, technology capabilities, and research. ISRO’s efforts extended to developing its own lithium-ion batteries for space applications, which are now being transferred to the industry. These batteries have diverse applications,…
“Animal,” one of the year’s most highly anticipated films, marks the first collaboration between Ranbir Kapoor and director Sandeep Reddy Vanga, known for “Kabir Singh.” The film has garnered significant attention, especially due to Ranbir’s unique character. Recently, the film’s teaser was unveiled, offering a glimpse into what promises to be a gangster action drama. Released on September 28, the teaser introduces us to the world of “Animal” and its characters. Ranbir Kapoor portrays the titular character, embarking on a path of vengeance for his father, Balbir Singh, played by Anil Kapoor. The teaser hints at the complex love-hate relationship…
Vivek Ramaswamy, an Indian American Republican presidential primary candidate, has put forward a bold proposal to address the monumental debt crisis facing the United States. He advocates for a complete funding reset for all government departments as a solution to the country’s financial woes, which currently involve an estimated debt of US $33 trillion. In a series of posts, Ramaswamy outlined his vision for addressing the debt crisis, emphasizing the need for his entrepreneurial expertise in government leadership. He believes that by applying “zero-base” budgeting to the entire federal government starting in 2025, the country can start anew in each…