Prime Minister Narendra Modi announced a significant increase in Germany’s annual visa quota for skilled Indian professionals, raising it from 20,000 to 90,000, a 3.5-fold boost. Modi highlighted that this expansion will help fulfill Germany’s demand for skilled labor, fostering economic growth and strengthening the economic partnership between India and Germany. Modi made these remarks at the 18th Asia-Pacific Conference German Business 2024 in Delhi, an event that followed German Chancellor Olaf Scholz’s visit to India. Prior to the conference, the two leaders held discussions at PM Modi’s official residence. Scholz’s three-day visit to India is scheduled to conclude on…
Author: Shradhanjali Mukherjee
Shradhanjali Mukherjee
Salina Shah
Iconic pop star Beyoncé made a significant appearance at Kamala Harris’s rally on Friday at Houston’s Shell Energy Stadium, where she voiced her support for the Democratic nominee just days before the critical election. Taking the stage alongside her Destiny’s Child bandmate Kelly Rowland, Beyoncé endorsed the Harris-Walz ticket, focusing her message on the need to protect personal freedoms and the importance of voting. In her speech, Beyoncé emphasized the urgency of the upcoming election and framed her support from a personal perspective. “I’m not here as a celebrity or a politician but as a mother concerned about the world…
Prominent exchange-traded fund (ETF) providers are vying for the expected influx of billions into Indian bonds, driven by their recent inclusion in major global indices. BlackRock Inc., Amundi SA, and Janus Henderson’s Tabula Investment Management have introduced new ETFs following JPMorgan Chase & Co.’s decision to integrate Indian debt into its significant emerging-market index last year. DWS Group, an asset management firm, estimates that these ETFs could attract between $5 billion and $10 billion in the medium term. Benoit Sorel, global head of ETF indexing and smart beta at Amundi, highlighted the increasing importance of India in the investment landscape,…
In their first bilateral meeting since 2019, Indian Prime Minister Narendra Modi and Chinese President Xi Jinping met in Kazan, Russia, during the BRICS Summit. This meeting comes after a significant breakthrough at diplomatic and military levels, leading to a restoration of the status quo at the Line of Actual Control (LAC), which had been disrupted since the military standoff in Ladakh began in May 2020. Tensions between the two countries had escalated following the Galwan Valley clash, but recent agreements on a new patrolling arrangement have paved the way for de-escalation. During the meeting, both leaders highlighted the importance…
The Teaneck International Film Festival 2024 will showcase Emmy-nominated filmmaker Tirlok Malik’s acclaimed film ‘On Golden Years’ on Sunday, November 10, at 11:30 AM. The screening will take place at Teaneck Cinemas, located at 503 Cedar Lane, Teaneck, NJ 07666. This film marks a significant milestone in Malik’s career, known for its exploration of the immigrant experience in America, with previous works including ‘Lonely in America,’ ‘Khushiyaan,’ and ‘Love Lust and Marriage.’ Tirlok Malik has collaborated with renowned actors such as Rajinikanth, Kamal Haasan, Mammootty, Sunny Deol, and Kangana Ranaut. Following the screening, Malik and the cast of ‘On Golden…
Another month brings news of an Indian-origin industry veteran stepping into a leadership position at a global firm, this time at HSBC. The financial services giant has announced Pam Kaur’s elevation as its first female Chief Financial Officer, effective January 1, 2025, as detailed in regulatory filings with the Hong Kong Stock Exchange. Kaur will succeed interim CFO Jon Bingham in this pivotal role. Residing in London with her husband, Kaur joined HSBC in 2013 as head of auditing and has climbed the ranks at least three times over the past 11 years, culminating in her current position as Group…
On Monday, Prime Minister Narendra Modi announced that India is adopting a proactive “look forward” approach in its governance and development strategy. Traditionally, governments have compared their achievements with those of their predecessors, but Modi asserted that from now on, success will be measured by future aspirations rather than past performances. “The focus will be on what we aim to achieve,” he stated, adding that the vision for a developed India by 2047 is integral to this new mindset. During his remarks at the summit, PM Modi reflected on the challenges faced by the nation over the past five years,…
Nobel Laureate Professor Paul Michael Romer praised India’s digital revolution as one of the most remarkable success stories globally, stating it has established a new benchmark for world powers. Currently visiting India, Romer, who also served as the Chief Economist at the World Bank, is set to be a prominent speaker at the two-day NDTV World Summit beginning October 21. Romer highlighted a distinctive aspect of India’s digital transformation, emphasizing that South Asian countries could significantly benefit by emulating this model. He noted that India’s digital advancements have simplified lives and serve as a compelling example for other nations to…
Union Road Transport and Highways Minister Nitin Gadkari announced that India’s logistics costs are set to decrease to a single-digit figure within the next two years. Speaking at a NITI Aayog event, he emphasized that the ongoing construction of highways and expressways would contribute to lowering logistics costs to 9%. According to the National Council of Applied Economic Research (NCAER), logistics costs in India were estimated to be between 7.8% and 8.9% of GDP for the 2022-23 fiscal year. Gadkari also highlighted India’s potential to export alternative fuels and biofuels, particularly focusing on the role of low-quality coal in methanol…
President Droupadi Murmu met with her Malawian counterpart, Lazarus Chakwera, and signed several Memorandums of Understanding (MoUs) during her visit. This trip marks the final leg of her three-nation tour, which included Algeria and Mauritania, taking place from October 13 to 19. During their discussions on Friday, President Murmu and President Chakwera covered a wide array of topics, leading to the signing of MoUs focused on Arts and Culture, Youth Affairs, Sports, and Pharmaceutical Cooperation. Additionally, Murmu announced the Indian government’s commitment to establishing a permanent Artificial Limb Fitment Centre in Malawi. Earlier in her visit, President Murmu praised the…
