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India closes gap with China, Vietnam in phone exports

India has seen a notable rise in mobile phone exports compared to China and Vietnam in FY24. While both China and Vietnam experienced declines in mobile exports by 2.78% and 17.6% respectively, India surged ahead with an impressive 40.5% increase. Officials attribute this growth to India capturing nearly half of the reduced exports from these countries, indicating successful efforts to attract supply chain diversification away from China. Central to India’s success is the smartphone Production-Linked Incentive (PLI) scheme aimed at enhanc ..... Read More

Indian Americans on Carnegie’s List for Contributions

The Carnegie Corporation of New York recently announced its annual list of Great Immigrants, celebrating naturalized citizens whose contributions enrich American society and democracy. Among this year’s honorees are prominent Indian Americans, including Nobel Laureate Abhijit Banerjee, renowned for his work in economics at MIT, and Ashish Kumar Jha, a global public health leader and White House COVID-19 Response Coordinator. Eboo Patel, founder of Interfaith America, promotes religious cooperation, while Premal Shah, co-founder of Kiva, f ..... Read More

Ola Electric: Making India a global energy hub

Sun setting behind the silhouette of electricity pylons In March 2021, Bhavish Aggarwal, the founder of Ola Electric, was spotted surveying a 500-acre plot of land in Pochampalli town, Krishnagiri district, Tamil Nadu. The site, surrounded by shoe factories, temples, bakery shops, coconut trees, and dusty roads, was bustling with activity as excavators and workers prepared the land for the construction of the Ola Futurefactory for electric vehicles (EVs). Aggarwal, donned in safety gear, including boots, a hard hat, a reflective vest, and sungl ..... Read More

Vivek Ramaswamy’s $960M Empire: From Biopharma to Bitcoin

The financial success of entrepreneur and politician Vivek Ramaswamy has garnered significant attention in 2024. He recently made headlines for criticizing US President Joe Biden on X (formerly known as Twitter), remarking, “the Democrat Party served up an old man as their sacrificial lamb tonight,” following a debate between Biden and former President Donald Trump. Many are curious about Ramaswamy’s net worth and the sources of his wealth. Below is a detailed overview of his financial status and how he accumulated his fort ..... Read More

India’s T20 Triumph: Record-Breaking Glory at the ICC Men’s World Cup

The ninth edition of the ICC Men’s T20 World Cup set numerous new records as India clinched their second title, emerging as T20 world champions by defeating South Africa in a thrilling final. This edition witnessed several remarkable achievements and record-breaking performances. Both India and South Africa reached the final unbeaten, each securing eight victories. India missed a potential ninth win due to a washout in their group-stage match against Canada.  In the final, India set a new record for the highest total in a T20 Worl ..... Read More

Telugu climbs to 11th in US foreign languages: Report

Telugu has ascended to become the 11th most spoken foreign language in the USA, a surge attributed to the expanding Telugu-speaking community. It ranks third among Indian languages spoken in the US, trailing Hindi and Gujarati. According to a report based on US Census Bureau data, the Telugu-speaking population has grown significantly, from 320,000 in 2016 to 1.23 million in 2024, marking nearly a four-fold increase over eight years. This demographic growth underscores Telugu’s rising prominence in American society. California has the hig ..... Read More

India to produce diabetes, obesity drugs under PLI by 2026

India plans to introduce incentives to boost domestic production of GLP-1 drugs by 2026, primarily used to treat diabetes and obesity. Originally approved for diabetes management, GLP-1 drugs like semaglutide, found in popular medications such as Wegovy and Ozempic, are now acknowledged for aiding weight loss by slowing down digestion. As the patent for Novo Nordisk’s semaglutide expires in India in 2026, local pharmaceutical companies have applied for the government’s production-linked incentive (PLI) scheme. Mr. Arunish Chawla, Se ..... Read More

Indian-American physician elected delegate to Republican Convention

Dr. Sampat Shivangi, a distinguished Indian-American physician, has been chosen as a delegate to the Republican National Convention in Milwaukee this month, where former US President Donald Trump will officially be nominated as the party’s presidential candidate. Trump, aged 78, is slated to be the Republican nominee for the upcoming presidential election. Dr. Shivangi, a well-respected leader within the Indian-American community, expressed his pride in being elected as a National Delegate to the convention for the sixth consecutive time. ..... Read More

IndiaAI Mission: Global India AI Summit 2024 in New Delhi

India is preparing to host the ‘Global IndiaAI Summit 2024’ in New Delhi on July 3-4, organized by the Ministry of Electronics and Information Technology. This summit aims to bring together international AI experts for collaboration and knowledge exchange, demonstrating India’s commitment to ethical and inclusive AI development. According to the Ministry of Electronics and IT, the summit will gather stakeholders from science, industry, civil society, governments, international organizations, and academia. These experts will convene to discuss c ..... Read More

A 10-year-old Indian-origin girl excels at top talent show

At a recent audition for America’s Got Talent, everyone in attendance was captivated by 10-year-old Maya Neelakantan’s unique rendition of Papa Roach’s ‘Last Resort’, infused with traditional Carnatic elements. Hailing from India and renowned on Instagram for her metal covers, Neelakantan stunned the audience with her unconventional take on the rock classic. Dressed in a traditional Ghagra and adorned with a shining bindi, Neelakantan defied the typical image of a rock musician, known for their denim or leather attire and dark ..... Read More

New Dietary Guidelines for Wegovy and Ozempic Users: Weight Loss

GLP-1 medications designed for diabetes management are highly effective in facilitating weight loss, with users often achieving up to a 15% reduction in their initial body weight within a year. These medications, including semaglutide, tirzepatide, dulaglutide, and liraglutide, mimic the glucagon-like peptide-1 hormone naturally produced in the gut. By doing so, they reduce hunger sensations, increase feelings of fullness after eating smaller amounts, and slow down the stomach’s digestion process. Of these medications, only Wegovy and Zep ..... Read More

PM Modi extends wishes to pilgrims for Amarnath Yatra start

Prime Minister Narendra Modi conveyed his heartfelt wishes to the pilgrims beginning their journey on the sacred Amarnath Yatra on Saturday. This year’s annual pilgrimage to the Amarnath shrine commenced today and will span 52 days, concluding on August 19. PM Modi expressed his sincere wishes to all pilgrims embarking on the sacred Amarnath Yatra, highlighting the spiritual significance of worshiping Baba Barfani and wishing prosperity to all devotees. The Baltal base camp in Ganderbal, Jammu and Kashmir, welcomed its first group of Shri Amarn ..... Read More

Haley Warns Trump of ‘Younger,’ ‘Vibrant’ Biden Replacement

Former South Carolina governor and Republican presidential nominee Nikki Haley addressed growing concerns about President Joe Biden’s health following his recent CNN debate with Donald Trump. Haley echoed comments made by Indian-American entrepreneur Vivek Ramaswamy, who has repeatedly emphasized Democrats potentially using Biden as a “sacrificial lamb” in the upcoming elections. In her recent statements reported by the Wall Street Journal, Haley cautioned the GOP about the Democratic strategy to replace Biden with a younger a ..... Read More

Star-Studded: Six Indian Players Shine in ICC’s 2024 T20 World Cup Team of the Tournament

The ICC has announced its team for the Men’s T20 World Cup 2024, with six standout players from the victorious Indian squad making the cut. Rohit Sharma Rohit Sharma led from the front, setting the tone for India’s campaign with his aggressive batting. Scoring 257 runs at an impressive strike rate of 156.7, Rohit was pivotal in India’s success. He notched up three fifties, including a blistering 92 against Australia and a crucial 57 in the semi-final. As captain, he guided India to a historic World Cup win after 17 years. Rahm ..... Read More

India-US extend 2% digital tax on e-commerce until June 30

India and the United States have agreed to extend the 2 percent equalisation levy, also known as the digital tax on e-commerce supplies, until June 30. This agreement follows the October 8, 2021 decision where both nations, along with 134 other members of the OECD/G20 Inclusive Framework—including Austria, France, Italy, Spain, and the United Kingdom—endorsed the Statement on a Two-Pillar Solution. This initiative aims to address the tax challenges posed by the digitalization of the economy. On November 24, 2021, India and the United States fur ..... Read More

Unstoppable India: T20 World Cup Glory Sealed in a Thrilling Showdown

On June 29, 2024, history was made in Barbados as India triumphed in an exhilarating finale against South Africa to clinch their first ICC Men’s T20 World Cup title in 13 years. The atmosphere was electric as Rohit Sharma’s decision to bat first set the stage for a thrilling contest. Despite an early setback with quick wickets, including Sharma and Pant falling to Keshav Maharaj, Virat Kohli and Axar Patel resurrected India’s innings with a resilient partnership, guiding them to a competitive 176 runs. South Africa, in purs ..... Read More

Editorial: June 29, 2024 By Raj Shah

Cricket Fever: A Historic T20 World Cup Final As cricket fever peaks, the T20 World Cup final in Bridgetown, Barbados, promises a historic clash between India and South Africa. India, led by Rohit Sharma, aims to break an 11-year trophy drought, while South Africa, under Aiden Markram, seeks their maiden men’s World Cup title. India’s journey to the final has been dominant, showcasing their prowess with bat and ball on diverse Caribbean and US pitches. Sharma’s leadership has been pivotal, guiding his team through intense e ..... Read More

India’s Pharma Shines in 2023 US Inspection Standards

In 2023, Indian pharmaceutical manufacturing facilities exporting to the US demonstrated superior regulatory compliance compared to the global average, according to a report by the Indian Pharmaceutical Alliance and McKinsey & Company. The United States Food and Drug Administration (USFDA) classified 13% (19 out of 145 inspections) of these facilities as Official Action Indications (OAI), which is lower than the global average of 15% OAIs. This improvement marks a significant decline from the 26% OAI rate observed in 2014, indicating enh ..... Read More

World Bank funds India’s Green Hydrogen drive for global leadership

The World Bank has approved an additional $1.5 billion loan to support India’s Green Hydrogen Mission, marking the second installment of aid for this initiative and increasing the total assistance to $3 billion. This funding aims to strengthen India’s domestic green hydrogen market and implement reforms to attract private investment, aligning with targets set by the National Green Hydrogen Mission. Auguste Tano Kouame, the World Bank’s Country Director for India, praised India’s advancements, highlighting the issuance ..... Read More

Nikki Haley Warns GOP Post Trump-Biden Debate

Former U.S. Ambassador to the United Nations Nikki Haley has issued a stark warning to her fellow Republicans, suggesting that President Joe Biden may not be the Democratic nominee in the upcoming presidential election. This caution follows Biden’s stumbling performance in a debate against former President Donald Trump. In a post on X (formerly known as Twitter), Haley stated, “Mark my words….Biden will not be the Democrat nominee. Republicans, get your guard up!” This bold prediction has sparked significant discussi ..... Read More

President Murmu’s Budget Plans: Economic Decisions and Historic Steps

President Droupadi Murmu assured the nation that significant economic and social policies, along with landmark initiatives, would be unveiled during the upcoming Parliament sessions, particularly in the Union Budget. She emphasized the stability of the government with a strong majority, a rare occurrence in six decades, and highlighted the trust shown by the electorate in the current administration for the third consecutive term. The 18th Lok Sabha, she noted, holds historical significance, coinciding with the early years of what she termed ..... Read More

India’s domestic aviation market ranks third globally

India has recently climbed to become the third-largest domestic aviation market globally, surpassing Brazil and Indonesia, as per data from aviation analytics firm OAG. Leading Indian carriers IndiGo and Air India have collectively ordered over 1,000 aircraft, and together they dominate 90% of the domestic airline seats in India. Despite the United States and China maintaining their positions as the world’s top two largest aviation markets, India’s domestic aviation sector is experiencing robust growth. With an annual growth rate ..... Read More

Maitreyi Ramakrishnan joins ‘Freaky Friday 2,’ directed by Nisha Ganatra

Maitreyi Ramakrishnan, renowned for her role in Mindy Kaling’s “Never Have I Ever,” has been confirmed to join the ensemble cast of “Freaky Friday 2,” slated for a nationwide theatrical release in 2025 rather than debuting on Disney+. The specifics of her character remain undisclosed. Directed by Nisha Ganatra, the sequel brings back original stars Jamie Lee Curtis and Lindsay Lohan alongside familiar faces such as Mark Harmon, Chad Michael Murray, and others. Jordan Weiss has penned the script, continuing the s ..... Read More

India’s Rise: NIOT Director Sees Nation as Key Global Research Hub

During the 18th Annual Convocation of Thiruvalluvar University in Vellore, Dr. GA Ramadass, Director of the National Institute of Ocean Technology, highlighted India’s burgeoning status as a global research hub. Speaking at the event presided over by Tamil Nadu Governor RN Ravi, Dr. Ramadass emphasized the increasing government expenditure on education and research and development in every budget cycle. The ceremony celebrated the graduation of 43,735 students, comprising 37,886 bachelor’s, 5,268 master’s, and 111 MPhil rec ..... Read More

Ramaswamy addresses speculation about being Trump’s running mate

During the first presidential debate in Atlanta, former presidential candidate Vivek Ramaswamy clarified that he has not been asked by former President Donald Trump to be his vice president. Ramaswamy stated that Trump has not asked him to be his vice president. He added that whoever Trump selects will have a unique opportunity to further the America First agenda. Trump had previously hinted to NBC News that he had chosen a running mate, suggesting they might appear at the Georgia debate. At a Wisconsin rally earlier this month, Trump praise ..... Read More