Indian Americans Celebrate Trump’s Re-election, Promise Cooperation Prominent Indian Americans expressed their support for Donald Trump following his re-election as the 47th President of the United States, with many emphasizing their commitment to collaborating with his administration on key issues, especially US-India relations. Google CEO Sundar Pichai congratulated Trump on his “decisive victory” and highlighted the current era of American innovation, pledging to work with the president to ensure these benefits are shared widely. Former South Carolina Governor Nikki Haley also offered her congrat ..... Read More |
Ramaswamy, Jindal, Patel may join Trump’s next Cabinet.
As Donald Trump’s 2024 re-election campaign gains traction, prominent Indian-Americans like Vivek Ramaswamy, Bobby Jindal, and Kash Patel have surfaced as potential candidates for critical positions in his administration. Their strong alignment with Trump’s policies has brought them into the spotlight as contenders for influential roles should Trump secure a second term. Vivek Ramaswamy, a 38-year-old entrepreneur turned politician, briefly entered the presidential race but ended his campaign after modest results in Iowa. However .....
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Ayodhya’s Transformation: Ram Mandir Fuels Spiritual and Economic Growth
Ayodhya’s transformation into a global spiritual and economic powerhouse has been sparked by the construction of the Ram Mandir, an iconic project in modern Bharat’s history. The completion of the temple, marked by the Pran Pratishtha ceremony led by PM Modi earlier this year, has not only revived the spiritual importance of this ancient city but also revolutionized its economy. In the first half of 2024, Ayodhya saw an influx of 110 million tourists, highlighting its burgeoning status as a major pilgrimage and tourist destinatio .....
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India, US hold 21st military meeting to strengthen defense ties.
The 21st India-US Military Cooperation Group (MCG) meeting commenced on Wednesday in New Delhi, with Lt Gen JP Mathew of India’s Integrated Defence Staff and Lt Gen Joshua M Rudd from the US Indo-Pacific Command (USINDOPACOM) co-chairing the event. Discussions emphasized new initiatives within existing defense cooperation frameworks, aiming to strengthen India-US defense engagements and interoperability in addressing shared security concerns in the Indo-Pacific. The India-US MCG, a collaborative forum, facilitates strategic and operati .....
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India’s Service Sector Growth Rebounds in October
India’s service sector showed remarkable growth in October, with the Service PMI index climbing to 58.5, up from 57.7 in September, according to HSBC’s India Service PMI report by S&P Global. This increase indicates an accelerated growth rate, surpassing the long-term sector average of 54.1. HSBC noted, “The index, rising from 57.7 to 58.5, reflects a sharp increase in growth momentum, far above the historical average.” The expansion is attributed to strong sales pipelines and high demand, which boosted business a .....
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India Moves Closer to Hosting 2036 Olympics
In alignment with Prime Minister Narendra Modi’s aspirations for India to host the Olympic and Paralympic Games, the nation has made an official stride toward achieving this ambitious goal. On October 1, the Indian Olympic Association (IOA) formally submitted a Letter of Intent to the International Olympic Committee’s Future Host Commission, signaling India’s serious interest in welcoming the 2036 Olympics to its shores. During a recent address to the Indian community in New York, PM Modi conveyed his vision for India as a .....
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PM Modi Congratulates Donald Trump on 2024 Presidential Victory
Prime Minister Narendra Modi extended his congratulations to Donald Trump on his victory in the 2024 US Presidential election, making Trump the 47th President of the United States. Modi referred to Trump as a “friend” and expressed enthusiasm for rekindling their partnership to enhance the India-US Comprehensive Global and Strategic Partnership. Modi encouraged Trump to focus on fostering global peace, stability, and prosperity, particularly in light of current conflicts in the Middle East and the ongoing Russia-Ukraine war. Post .....
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India’s Manufacturing PMI Rises to 57.5 in October, Signaling Growth Recovery
India’s manufacturing sector demonstrated a notable recovery at the start of the third quarter of the financial year, as the HSBC final India Manufacturing Purchasing Managers’ Index (PMI) rose to 57.5 in October, up from an eight-month low of 56.5 in September. This improvement was attributed to a stronger influx of new orders and international sales, with companies reporting better sales performance driven by new product launches and effective marketing strategies. Significantly, new export orders experienced considerable growt .....
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“Buddhism teaches the world to counter sectarianism,” says Murmu.
President Droupadi Murmu inaugurated the first Asian Buddhist Summit, organized by India’s Ministry of Culture and the International Buddhist Confederation, in New Delhi. In her address, President Murmu celebrated India’s heritage as the land of Dharma, lauding its spiritual leaders for guiding humanity toward inner peace and external harmony. She announced that the Indian government has designated Pali and Prakrit as classical languages, securing financial aid to preserve and revitalize their literary treasures. President Murmu .....
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Sirish Subash Wins 2024 3M Young Scientist Challenge with AI Pesticide Detector
Sirish Subash, a 9th-grade student from Gwinnett School of Mathematics, Science, and Technology in Snellville, Georgia, was recently crowned the winner of the 2024 3M Young Scientist Challenge, a premier national science competition for middle school students. Jointly organized by 3M and Discovery Education, the challenge encourages students to use STEM skills to devise real-world solutions. Sirish gained recognition for his project, Pestiscand, a handheld device powered by AI that identifies pesticide residues on fruits and vegetables. For .....
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Dr. Jagdeep Bachher Appointed as University of Waterloo’s 12th Chancellor
Dr. Jagdeep Singh Bachher, a distinguished alumnus of the University of Waterloo, has been appointed as the institution’s 12th chancellor, bringing a wealth of global experience to his new ceremonial role. Serving as Waterloo’s ceremonial head, Dr. Bachher will preside over convocation ceremonies, confer degrees, and represent the university at public events. His appointment marks a new era of leadership aligned with Waterloo’s values of innovation, purpose, and collaboration. Dr. Bachher, who holds degrees from Waterloo in .....
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Rishi Rana Appointed CEO of AI CX Leader Cyara
On October 31, 2024, Cyara, a top AI-powered platform for customer experience (CX) transformation, appointed Rishi Rana as its new Chief Executive Officer (CEO). Rana, who has served as Cyara’s President since August 2023, brings a wealth of experience in driving growth and strategic development from his previous role at PowerSchool, where he oversaw three business units and contributed significantly to the company’s valuation growth. Alok Kulkarni, Cyara’s co-founder and former CEO, will transition to the role of Non-Execu .....
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Suhas Subramanyam: First Indian American elected from Virginia. Suhas Subramanyam has made history by becoming the first Indian American elected to Congress from Virginia and the East Coast. Running as a Democrat in Virginia’s 10th Congressional District, Subramanyam defeated Republican candidate Mike Clancy. He currently serves as a Virginia State Senator and expressed his honor in being trusted by the people of his district. Subramanyam’s victory has secured his place in the Samosa Caucus, a group of five Indian American members in Congress, alongside Ami Bera, Raja Krishnamoorthi, Ro Khanna, and ..... Read More |
Physical Intelligence Raises $400 Million to Revolutionize Robotics San Francisco-based robotics startup, Physical Intelligence, has successfully raised $400 million in its latest funding round, bringing its post-money valuation to $2.4 billion. This investment round saw participation from high-profile backers, including Amazon founder Jeff Bezos, OpenAI, Thrive Capital, Lux Capital, and Bond Capital. Additionally, Khosla Ventures and Sequoia Capital contributed, reflecting the growing confidence in the company’s vision. This funding marks a significant leap from Physical Intelligence’s previous seed ro ..... Read More |
Kashiv BioSciences Appoints Dr. Sandeep Athalye as CEO Dr. Sandeep Nilkanth Athalye has been appointed as the new Global Chief Executive Officer of Kashiv BioSciences, a leading global biopharmaceutical company. With over 20 years of experience in strategic and operational roles in the global pharmaceutical sector, Dr. Athalye is set to steer the company’s growth across key markets such as the U.S., Europe, and Asia. In his statement, Dr. Athalye emphasized Kashiv’s mission to become a top player in the biosimilars space, offering affordable and accessible solutions worldwide. He highli ..... Read More |
Two Indian Americans Appointed to PTAC Committee The U.S. Government Accountability Office (GAO) recently revealed the appointment of two distinguished Indian American members to the Physician-Focused Payment Model Technical Advisory Committee (PTAC). Gene L. Dodaro, the Comptroller General of the United States and head of GAO, made the announcement. These new appointees, Henish Bhansali, MD, FACP, and Krishna Ramachandran, MBA, MS, will serve on the committee until 2027. The PTAC is an important body that provides advice to the Department of Health and Human Services on optimizing the use of ..... Read More |
India to Launch EU’s Proba-3 Satellite in December Dr. Jitendra Singh, the Union Minister of State for Science and Technology, revealed that India is set to launch the European Union’s Proba-3 satellite in December. This significant step in Indo-EU space collaboration highlights the shared commitment to solar observation and advancing space science. The Proba-3 mission, which aims to study the Sun, is part of a growing partnership between ISRO and the European Union, following previous successful joint ventures. The mission stands out due to its solar-focused objectives, complementing ISR ..... Read More |
India’s Defense Milestone: C-295 Aircraft Facility Inaugurated
On Monday, Prime Minister Narendra Modi and Spanish Prime Minister Pedro Sanchez jointly inaugurated the Tata Aircraft Complex in Vadodara, Gujarat, marking the establishment of India’s first privately built C-295 aircraft manufacturing facility. This significant development is a key step toward achieving ‘Atmanirbharta’ (self-reliance) in the country’s defence sector. In 2021, India’s Ministry of Defense entered into a $2.65 billion agreement with Airbus Defence and Space SA of Spain to procure 56 C-295 transpo .....
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Indian Retail Leasing to Surpass 6.5 Million Square Feet in 2024
The Indian retail sector is experiencing a significant surge in leasing activity across its top seven cities, reflecting the ongoing attraction of prime retail locations fueled by increasing consumer spending. A recent study by JLL India indicates that total gross leasing of retail spaces in major urban centers like Mumbai, Delhi NCR, Bengaluru, Kolkata, Chennai, Pune, and Hyderabad is anticipated to surpass 6.5 to 7 million square feet by the end of 2024. This comes after recording over 5.3 million square feet in the first three quarters of .....
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US, France, and Armenia lead in Indian defense exports.
India is increasingly confident in its defense exports, with Armenia emerging as its largest buyer of sophisticated weapon systems, including the Akash air defense missile systems, Pinaka multi-launch rocket systems, and 155mm artillery guns. Recent data reveals that India achieved military sales totaling $2.6 billion to various countries in the 2023-24 period, with the US, France, and Armenia being the top three destinations for these exports. Indian defense companies, both public and private, are now selling an extensive array of arms, amm .....
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PM Modi launches $1.53 billion healthcare projects from Ayurveda to AIIMS.
On October 29, a series of transformative healthcare projects worth around $1.53 billion (Rs. 12,850 crore) were inaugurated by Prime Minister Narendra Modi at the All-India Institute of Ayurveda (AIIA) in New Delhi. This inauguration coincided with Dhanvantari Jayanti and the 9th Ayurveda Day. A notable aspect of the event was the extension of the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (PM-JAY) to include all senior citizens aged 70 and above, regardless of income, marking a significant advancement towards affordable healthcare fo .....
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India Seeks Global Support for Biodiversity at COP16
India has called for international funding to implement its updated National Biodiversity Strategy and Action Plan (NBSAP) during the UN Biodiversity Conference (COP16) in Cali. Union Minister of State for Environment, Kirti Vardhan Singh, announced the launch of the updated plan on November 31, highlighting the necessity of financial resources for its execution. While presenting the national statement at COP16, Singh emphasized the importance of providing the means for implementation, including financial resources, to support the NBSAP. He .....
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Shifts in Indian-American Political Views Ahead of 2024
Indian-Americans, traditionally supportive of the Democratic Party, are exhibiting evolving political preferences, with more considering Republican candidates in recent surveys. This community, comprising over 5.2 million people and now the second-largest immigrant group in the US, holds substantial influence in the country’s political sphere. Their strong professional presence and growing demographic significance make them a pivotal voting bloc, especially as the 2024 presidential race draws near. In a historic context, this election .....
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India Poised to Become World’s Third-Largest Economy by 2047 At an event in Delhi, President Droupadi Murmu showcased India’s remarkable economic momentum, stating that India is on track to become the world’s third-largest economy. She highlighted the nation’s robust economic performance in facing geopolitical challenges, with a projected tenfold increase in economic size by 2047. The World Bank’s recent estimates affirm India’s global impact, contributing 16% of worldwide economic growth in 2023, with an expected 8.2% growth rate in the 2023-24 fiscal year. President Murmu emphasized t ..... Read More |
India’s Real Estate IPOs Surge, Raising $1.62 Billion in 2024 India’s real estate sector has witnessed record-breaking IPO activity in 2024, with a total of 123 listings as of October 20, exceeding last year’s count. These IPOs have raised an impressive Rs. 13,500 crore ($1.62 billion), nearly doubling 2023’s figures, fueled by strong economic optimism and ample market liquidity. This increase in IPOs reflects rising retail and institutional investor participation, which has boosted corporate earnings and reinforced market credibility. Since 2010, the real estate sector has hosted 47 IPOs, c ..... Read More |