Must Read News

IPL’s value rises 6.5% to US$ 16.4 billion in 2024: Houlihan Lokey

According to the 2024 IPL Brand Valuation Study by American investment bank Houlihan Lokey, the Indian Premier League’s (IPL) business value has increased by 6.5% year-on-year to US$ 16.4 billion, while its stand-alone brand value has risen by 6.3% to US$ 3.4 billion. This growth can be attributed to a US$ 6 billion media rights deal with Disney Star and Viacom18 in 2022 and a US$ 300 million title sponsorship deal with Tata Sons in 2023. Harsh Talikoti, Senior Vice President of Corporate Valuation Advisory Services at Houlihan Lokey, not ..... Read More

Indian GCCs lead in AI as digital twins of HQs

Global Capability Centers (GCCs) in India have undergone a remarkable evolution since the early 1990s, transforming from mere ‘captives’ of their global parent companies to dynamic ‘digital twins’ today. Srikanth Srinivasan, Vice President of the National Association of Software and Service Companies (Nasscom), highlights the newfound significance of Indian GCCs, emphasizing their role as indispensable as any other office for multinational corporations, especially in the post-pandemic era. This evolution is exemplified b ..... Read More

India triumphs over USA in T20 Cricket match

In Wednesday’s ICC Men’s T20 Cricket World Cup match, the clash between the rising USA team and the seasoned Indian squad promised excitement and delivered just that. India, after winning the toss at Nassau County International Cricket Stadium and opting to bowl, effectively restricted USA to 110-8 in their innings. Led by Arshdeep Singh’s formidable bowling performance of four wickets for nine runs in four overs, India’s strategy paid off as they set a modest target for themselves. Despite six USA batsmen reaching do ..... Read More

Panchayat 3: How was the third season?

Viewers have been waiting eagerly for the third season of the simple, entertaining, and emotional tale of Indian rural life, ‘Panchayat’. Finally, it began streaming on Prime Video on May 28, 2024. Like the first two seasons, the third season of Panchayat has won appreciation from both viewers and critics.  Panchayat is a classic example of simple storytelling with deep emotional expression and bonding among the characters. A qualified engineer and MBA aspirant, Abhishek Tripathi, works as a Panchayat Secretary (Sachiv) in a ..... Read More

PM Modi, President Biden to meet at G7 Summit: NSA Sullivan

US President Joe Biden and Prime Minister Narendra Modi are scheduled to meet at the G7 Summit in Italy, as confirmed by the White House on Wednesday. National Security Advisor Jake Sullivan highlighted their recent conversation where Biden congratulated Modi on his reelection for a third term as Prime Minister. During a press briefing, Sullivan mentioned, “President Biden spoke with President Modi by phone while we were in Paris to congratulate him on the election outcome and his third term as Prime Minister.” He expressed expec ..... Read More

‘Cricket – cooler than Baseball’ bonds Indian-American fans

Rohit Sharma led Team India to a resounding victory over the USA in the T-20 Cricket World Cup match held at Nassau County International Cricket Stadium on Long Island. While the match itself was a straightforward win for India, the true excitement and pride were palpable among the Indian-American community in attendance. The stadium, packed with 34,000 supporters, overflowed with Indian-American pride as flags waved and chants echoed with slogans like “USA is home. India is heart” and “I live in the US but my heart always ..... Read More

Zeshan B’s New Album: Preet Bharara as Music Producer

Indian American singer-songwriter Zeshan B is set to release his new album, “O Say, Can You See?,” on July 26. According to Variety, the album features gospel-infused R&B paired with lyrics focused on social justice themes. An intriguing aspect of this project is the involvement of Preet Bharara, the former U.S. Attorney for the Southern District of New York, who serves as the album’s executive producer. Bharara, renowned for his legal battles against organized crime and financial fraud, and for his confrontations with ..... Read More

Haley Voters: Former Underdogs Could Now Be Kingmakers

Earlier this year, David Wardlaw was frustrated when former President Trump criticized Nikki Haley, his then-rival, on his Truth Social account, warning that anyone supporting her campaign would be excluded from the MAGA camp. Wardlaw decided to donate to Haley’s campaign in response to Trump’s statement, expressing his discontent by saying that Trump needed their votes but was alienating them instead. Wardlaw traveled from Georgia to South Carolina to attend a rally for Haley, accompanied by family members. Although he had voted ..... Read More

Indian American Prof. R. Panneer Selvam Named EMI Fellow

Panneer Selvam, a professor of civil engineering at the University of Arkansas, has achieved the distinction of being named a Fellow of the Engineering Mechanics Institute (EMI). This esteemed honor is given to individuals who have made noteworthy contributions to engineering mechanics and have shown exceptional leadership in the field, as highlighted in a press release by the Engineering Mechanics Institute. Selvam, who has been a part of the University of Arkansas faculty since 1986, is recognized for his pioneering work in computational mech ..... Read More

Norway envoy: Yoga India’s ‘greatest gift’

Norwegian Ambassador to India, May-Elin Stener, echoed Prime Minister Narendra Modi’s sentiment regarding Yoga’s unifying power across the globe, considering it one of India’s most significant contributions to the world. She expressed this view in response to PM Modi’s announcement on X regarding the upcoming 10th International Day of Yoga, scheduled for June 21. Stener further demonstrated her endorsement by sharing videos and images of herself practicing Yoga. PM Modi emphasized the universal appeal of Yoga, transce ..... Read More

Oxford returns 500-year-old Hindu sculpture

Oxford University has decided to return a 500-year-old bronze sculpture of Hindu saint Tirumankai Alvar to India. The almost 60cm-tall statue had been showcased at the Ashmolean Museum. The Indian high commission claimed ownership of the Tamil poet’s sculpture, suspecting it was looted from an Indian temple. The University’s council supported the claim, and the decision is pending approval from the Charity Commission. In another instance, Queen Consort Camilla wore Queen Mary’s crown without the Koh-i-noor diamond during Ki ..... Read More

India joins Gaza humanitarian conference in Jordan

India’s participation in the High-Level Conference on ‘Urgent Humanitarian Response for Gaza’ in Amman, Jordan, was represented by Muktesh Pardeshi, the Secretary of the Consular Passport and Visa Division and Overseas Indian Affairs at the Ministry of External Affairs. Pardeshi emphasized India’s continuous humanitarian, capacity building, and developmental efforts at the conference, co-hosted by King Abdullah of Jordan. India’s support for Palestine has amounted to nearly USD 120 million, with an additional USD 2 ..... Read More

Indian-origin spiritual leader hosts Toronto event

Renowned spiritual leader Rajinder Singh will host an event in Toronto to spread joy, impart spiritual wisdom, and foster community connections. This anticipated gathering offers residents of Toronto and the Greater Toronto Area (GTA) a chance to directly experience his transformative teachings. Scheduled for June 29 and 30, the event includes an English public talk on ‘Meditate to Experience Spiritual Love’ and a Hindi public talk with English translation focusing on meditation techniques. Both sessions will be held at the Delta ..... Read More

US Cricket Team Nears Major Success at 2024 T20 World Cup

The United States national cricket team recently made waves by defeating Pakistan in the 2024 T20 World Cup, a notable achievement given cricket’s relative obscurity in America compared to the intense following it enjoys in countries like England. Cricket, which shares some superficial similarities with baseball, features distinct differences, such as the intentional bouncing of the ball by the bowler and the method of scoring runs. This year, the T20 World Cup is bringing the sport closer to American audiences with matches held across Ne ..... Read More

Nikki Haley firm after ‘finish them’ controversy

Former US ambassador Nikki Haley has taken a contrasting position amid calls for a truce in the Israel-Hamas conflict, diverging from the prevailing sentiment favoring Palestine. During her visit to Israel alongside Israeli parliament member Dani Danon, Haley criticized the Biden administration for overlooking Hamas’s actions on October 7. She expressed her views in an article published in The New York Post, calling attention to the need for Israel’s decisive response to Hamas. In her op-ed, Haley highlighted her recent trip to I ..... Read More

APSA to host global Arya summit at Hofstra University, NY

Arya Pratinidhi Sabha America (APSA), in collaboration with Arya Samajs from the Tri-States of New York, New Jersey, and Connecticut, is set to host the 2024 International Arya Mahasammelan (Global Arya Summit) from July 18 to July 21 at Hofstra University in Long Island, New York. APSA, a leading religious and cultural organization, is instrumental in promoting the teachings and principles of the Arya Samaj in North America.  The 2024 Global Arya Summit will mark two significant anniversaries: 150 years since the founding of the Arya S ..... Read More

Ex-White House aide Rohini Kosoglu joins Victory Sports Media

Victory Sports Media, a premier company specializing in sports content production for film, television, and digital media, has announced the appointment of Rohini Kosoglu as a Senior Advisor. Kosoglu, who previously served as the Deputy Assistant to President Joe Biden and the Domestic Policy Advisor to Vice President Kamala Harris, will now contribute her expertise to Victory Sports Media. In her new role, she will bridge the worlds of sports, entertainment, and policy, ensuring that the company’s content has a significant impact both on ..... Read More

AIA-NY Gala Honors 5 Leaders

The Association of Indians in America (AIA) NY chapter hosted its Annual Gala led by Dr. Jagdish K. Gupta, aiming to raise funds for the 37th Deepavali Fest and the ‘AIA-Educational Project.’ The Gala gathered 200 community members, including past presidents and Advisory Board of Trustees members, on June 2, 2024, at Leonard’s Palazzo Exquisite Banquet Hall. Honorable Senate Majority Leader Chuck Schumer graced the event as Chief Guest of Honor, lauding India-US ties and recognizing Indian contributions to education and healthcare. ..... Read More

Sonakshi Sinha getting married on June 23?

Rumors circulating in Bollywood suggest that Sonakshi Sinha, the talented actor from ‘Dabangg’, is preparing to tie the knot with her boyfriend Zaheer Iqbal. Recently, Sanjay Leela Bhansali’s magnum opus Netflix series Heeramandi featured Sonakshi, the only daughter of veteran actors Shatrughan Sinha and Poonam Sinha, in the dual roles of mother Rehanna and daughter Fareedan.  According to both Sonakshi and Zaheer’s close circles, the couple is all set for a registered marriage on June 23. Only family members and ..... Read More

Americares Taps Chandrashekar as New India Country Director

Americares, a health-focused relief and development organization, has named Chandrashekar V.S. as the new director of Americares India. In his capacity, he will be responsible for devising, executing, and overseeing health programs aimed at fortifying health systems and broadening access to care for individuals impacted by poverty or calamities across 23 states in India. Chandrashekar will take the lead in response efforts, supervise climate and disaster resilience endeavors, administer a highly effective mobile clinic initiative for economical ..... Read More

Ashwin Ramaswami joins DNC credentials committee

Ashwin Ramaswami, a candidate for the Georgia State Senate in District 48, has been chosen to serve on the credentials committee for the 2024 Democratic National Convention (DNC), scheduled to be held in Chicago from August 19th to 22nd. As one of four appointees from Georgia, Ramaswami joins the credentials committee, one of the three Biden-Harris standing committees at the Convention, alongside the rules committee and the platform committee. In his capacity as a member of the credentials committee, Ramaswami will play a role in addressing ..... Read More

JPMorgan Chase hires new CTO

JPMorgan Chase (JPM.N) taps former PayPal executive Sri Shivananda as its latest CTO, with a focus on maximizing its $17 billion technology budget. Shivananda, set to begin later this month, replaces A.J. Lang, who is retiring. He will report to Lori Beer, the bank’s global chief information officer (CIO), who is also a member of the operating committee. Beer stated that Shivananda’s history of business growth and innovation positions him well to address JPMorgan’s complex technological challenges. Additionally, Beer recently ..... Read More

US-India Bolster Military Ties for Deeper Collaboration

Senior defense officials from the United States and India emphasized the increasing importance of their military partnership amid evolving security challenges in the Indo-Pacific region. At the ‘Partners in Progress’ symposium held in Bengaluru, Assistant Chief of Indian Naval Staff Rear Admiral Nirbhay Bapna commended the extensive global strategic partnership between the two countries. He highlighted their joint commitment to fostering a peaceful and prosperous Indo-Pacific through enhanced information sharing and maritime domain ..... Read More

Trump’s VP Pick: A Potential Misstep in the Making

According to experts cited by Newsweek, there’s a growing concern that former President Donald Trump may be overlooking a strategic opportunity if he fails to nominate a female running mate like former South Carolina Governor Nikki Haley for the upcoming November presidential election. Trump, the presumptive Republican nominee, has not yet publicly revealed his selection for vice president, but speculation has intensified in recent weeks and months regarding potential candidates. While there had been speculation about Trump potentially ..... Read More

Market cheers Modi’s third term: Sensex-Nifty soar

Indian stock indices continued their upward trajectory, reaching fresh record highs at Monday’s opening bell, following Prime Minister Narendra Modi and his Union Council of Ministers’ oath-taking ceremony. The smooth transition in government formation bolstered market sentiments. At the opening, Sensex stood at 76,890.34, up 0.3%, and Nifty at 23,372 points, up 0.4%. They hit record highs at 76,960.96 points and 23,411.90 points, respectively. Most sectoral indices showed gains, indicating positive market sentiment. Throughout the ..... Read More