Author: Shradhanjali Mukherjee

Sridhar Venkatesh and Anuj Dayal, Indian American tech professionals, have been appointed to the Massachusetts Institute of Technology Alumni Association (MITAA) board of directors. Venkatesh has been inducted as an at-large director for the financial year 2023-2024, while Dayal assumes the role of a term member for FY 2023-2026 within the MIT alumni board. The board collaborates with MITAA’s CEO and staff, working under the framework of institute policies, to represent the interests of MIT’s community of around 147,000 living alumni. Serving as the Senior Vice President of Products at Alluxio, USA, Venkatesh holds extensive experience in product management and…

The Government of India, in partnership with state governments, is initiating the ‘Mera Bill Mera Adhikaar’ program, known as the ‘Invoice Incentive Scheme,’ aimed at promoting the practice of requesting invoices for all transactions. The scheme seeks to reshape cultural and behavioral norms by positioning the act of demanding a bill as a rightful entitlement. As stated by the finance ministry, the scheme will feature 800 monthly lucky draws for GST invoices, offering rewards valued at $120.97 (Rs. 10,000), along with 10 draws granting prizes worth $12,097.24 (Rs. 10 lakh) each. Furthermore, a quarterly draw will encompass all invoices uploaded…

The creators of “Jawan” launched overseas advance bookings for the film over 20 days before its release, and it has already garnered $1.21 million in the US alone. As Sunny Deol’s “Gadar 2” gears up to surpass box office records set by his previous release “Pathaan,” Shah Rukh Khan’s upcoming film is already generating substantial revenue through advance ticket sales. Scheduled for a September 7 release, “Jawan” has secured $1.45 million in advance bookings exclusively in the US, as reported by ETimes. Also read: Gadar 2 crosses $48.2 million, film likely to challenge Pathaan and Baahubali 2 Approximately 10,000 tickets…

Vivek Ramaswamy, an Indian-American entrepreneur turned politician, experienced a surge in popularity and online fundraising following his inaugural Republican presidential debate. Taking place on August 24, the debate propelled Ramaswamy into the spotlight, driving significant financial support to his campaign. Within the first hour post-debate, Ramaswamy’s campaign reported a total fundraising amount exceeding $450,000, with an average donation of $38. Ramaswamy, aged 38, is a contender in the upcoming United States presidential elections. His standout performance during the debate was noted by various sources. Popular Axis reported that Ramaswamy dominated the GOP debate in the absence of Donald Trump. Initial…

A recent report published by real estate firm Colliers has indicated that the Indian office sector is poised to experience an estimated 40-45 million square feet of gross leasing activity across the leading six markets in 2023. This forecast exceeds Colliers’ initial prediction by 10-15%. Attributed to the report titled “India Office Market-Changing Winds,” the heightened demand is credited to a robust economic outlook. Data for the report was compiled from six prominent Indian cities, namely Bengaluru, Chennai, Delhi-NCR, Hyderabad, Mumbai, and Pune. The year commenced with cautious activity, as the first quarter saw a gross absorption of 10.1 million…

The collaborative effort between the Ministry of Electronics and Information Technology (MeitY) and the National Science Foundation (NSF) is focused on driving progress and innovation in areas of mutual interest. This partnership was formalized with an Implementation Arrangement (IA) signed in May 2023, with the goal of fostering research collaboration. MeitY recently initiated its inaugural call for proposals in conjunction with NSF, according to an official release dated August 21. The NSF operates as an independent entity within the US federal government, supporting foundational research and educational initiatives spanning a variety of non-medical scientific and engineering disciplines. The mutual goal…

Former NASA Official Mike Gold has praised the success of Chandrayaan-3, highlighting its significance for India and the world. He extended his congratulations to ISRO and the people of India, emphasizing that this achievement not only reflects India’s progress but also marks a pivotal moment in lunar development globally. Gold, now Chief Growth Officer of Redwire Space, noted the impressive accomplishment of Chandrayaan-3 despite India’s limited resources. He commended Indian innovation, human capital, and capabilities, which he believes will propel the country even further. Redwire Corporation, an American aerospace manufacturer and space technology company, is associated with Gold. Expressing his…

Ravi Karkara is a passionate advocate for equality and inclusion, with a focus on digital skills and digital citizenship. He plays a leading role in mentoring the world’s largest digital literacy campaign, which reaches an impressive 15 million citizens. Shivraj Singh Chouhan, the Chief Minister of Madhya Pradesh (MP), recognized Ravi Karkara, an Indian American global sustainability expert and mentor, for his outstanding contribution to the Chief Minister Young Entrepreneurship Programme in the state. Karkara’s leadership with the Youth of India Foundation has been instrumental in training the state’s youth in the realm of good governance. Applauding Karkara’s achievements, the…

India has achieved a remarkable feat by successfully landing its spacecraft on the Moon, joining an exclusive group of nations. The Vikram lander of Chandrayaan-3 gently touched down on the lunar surface, signifying a monumental milestone in lunar exploration. After the successful landing, India’s rover, Pragyan, is set to conduct experiments over a lunar day, which spans 14 Earth days. This accomplishment underlines India’s steady progress in lunar exploration since Chandrayaan-1’s launch as an orbiter mission in 2008. Chandrayaan-3’s mission is especially significant at a time when the world’s focus is on the Moon’s enigmatic south pole and its potential.…

India finds itself in a favorable position due to the rapid expansion of its middle class, driving domestic consumption even amidst global challenges and economic uncertainty. This positive trajectory is projected to continue. A recent report from People Research on India’s Consumer Economy (PRICE) and India’s Citizen Environment highlights that India’s middle class is set to nearly double to 61% of the total population by 2047, up from 31% in 2020-21, coinciding with India’s 100th year of independence. The primary driver of India’s growth story appears to be the rise in middle class consumption across urban and rural areas. Notably,…