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PM Modi Marks 23 Years of Leadership: Key Initiatives and Achievements

On October 7, 2024, Prime Minister Narendra Modi will celebrate 23 years of leadership, first as the Chief Minister of Gujarat and subsequently as India’s Prime Minister. Since taking office on October 7, 2001, he has prioritized initiatives aimed at promoting citizen engagement in national programs, fostering a sense of collective responsibility, and encouraging ownership among citizens. His administration’s emphasis on grassroots participation has led to extensive projects in diverse sectors, including water conservation, sanitati ..... Read More

RBI Expected to Maintain Steady Rates Amid Economic Slowdown

India’s central bank, the Reserve Bank of India (RBI), is anticipated to keep the repo rate steady at 6.5% during its upcoming meeting on Wednesday, marking the tenth consecutive session without a change. According to a Reuters poll, over 80% of the 76 economists surveyed forecast no adjustments to the rate, which has been maintained since February 2023. While a small group of economists predicts a 25 basis-point cut, one even expects a reduction to 6.15%. Notably, Nomura economists suggest a 55% likelihood of a rate cut in October, thoug ..... Read More

Kamala Harris Returns to The Late Show This October

Kamala Harris is set to make her return to The Late Show With Stephen Colbert on October 8, marking her first appearance on a late-night talk show since becoming a presidential nominee. Having received her nomination in August, this will be her seventh discussion with Colbert; her last visit was on March 15, 2023. Harris initially appeared on the show on April 19, 2018, during her tenure as a U.S. senator from California. While she is featured on The Late Show, Democratic vice presidential candidate Tim Walz will make his debut on ABC’s J ..... Read More

PM Modi, Maldives President discuss strengthening bilateral ties

Prime Minister Narendra Modi and Maldivian President Mohamed Muizzu engaged in bilateral talks at Hyderabad House on Monday, followed by delegation-level discussions. External Affairs Minister S Jaishankar and Defence Minister Rajnath Singh were among the Indian delegates attending the talks. Randhir Jaiswal, the Spokesperson of the Ministry of External Affairs, posted on X, highlighting the significance of the meeting, stating that Prime Minister Modi warmly welcomed President Muizzu and that extensive discussions on strengthening India-Maldiv ..... Read More

Per capita income to rise by $2,000 in 5 years: FM Nirmala Sitharaman

Union Finance Minister Nirmala Sitharaman has expressed confidence in India’s economic future, forecasting a significant rise in the nation’s per capita income over the next five years. During her address at the Kautilya Economic Conclave, she estimated that the country’s per capita income would increase by an additional $2,000 within this period. Sitharaman highlighted that while it took India 75 years to reach a per capita income of $2,730, this next leap is expected to happen much more rapidly. The increase will be driven by a comb ..... Read More

PM Modi: India is transforming to maintain high growth.

Describing India as a strategic opportunity in the face of global uncertainties, Prime Minister Narendra Modi remarked on Friday that the country is experiencing significant transformational changes aimed at maintaining its robust economic growth trajectory. Speaking at the 3rd edition of the Kautilya Economic Conclave, Modi reaffirmed his commitment to implementing structural reforms that will help India achieve developed nation status by 2047. He stated, “In the face of a global emergency, we come together to talk about the ‘India ..... Read More

Rado sees India as its top market, says CEO.

Swiss luxury watch brand Rado has experienced remarkable success in India, surpassing China to become its largest market in 2023. Following a significant double-digit growth last year, Rado anticipates continued expansion, aiming for similar growth rates in the current year. Adrian Bosshard, the global CEO of Rado, shared insights with Business Standard, emphasizing India’s immense potential for future growth. He highlighted several factors contributing to this optimism, including a robust Indian economy and a burgeoning middle class that ..... Read More

Vivek Ramaswamy Considers Ohio Governor Run Amid Changes

During a recent podcast interview, former Republican presidential candidate Vivek Ramaswamy revealed that he is contemplating a run for Governor of Ohio. The Ohio native shared with Patrick Bet-David on the “PBD Podcast” that he has been approached by numerous Ohioans urging him to consider this opportunity. Ramaswamy acknowledged that if the question had been posed to him six months ago, he would have declined. However, he noted that public sentiment has shifted, and he feels compelled to respond to the requests of his fellow ci ..... Read More

Shailaja Paik Wins $800,000 Grant for Dalit Research

Indian American historian and professor Shailaja Paik, from the University of Cincinnati, has been awarded an $800,000 “genius” grant from the MacArthur Foundation for her pioneering research into the struggles faced by Dalit women in India. This prestigious fellowship is awarded annually to individuals who demonstrate exceptional creativity and potential in their fields. The MacArthur Foundation praised Paik for her deep exploration of the multifaceted experiences of Dalit women, revealing the systemic caste-based discrimination th ..... Read More

India Successfully Test Fires Indigenous VSHORADS Missiles

India has successfully conducted three test flights of the indigenously developed Very Short Range Air Defence System (VSHORADS) missiles at the Pokhran firing ranges in Jaisalmer, Rajasthan. The Defence Research and Development Organisation (DRDO) carried out these tests as part of ongoing development trials. Defence Minister Rajnath Singh congratulated the DRDO, Indian Army, and private sector partners involved in the missile’s development. He emphasized that this advanced missile system, equipped with cutting-edge technologies, will ..... Read More

India’s forex reserves exceed $700 bn, 4th globally to do so.

India’s foreign exchange reserves surpassed $700 billion for the first time, marking a historic achievement following seven consecutive weeks of gains, according to Reserve Bank of India (RBI) data. As of September 27, 2024, the reserves reached $704.89 billion, driven by a $12.6 billion increase in the latest week, the largest weekly rise since mid-July 2023. This surge reflects the central bank’s consistent dollar purchases alongside valuation gains. India is now the fourth global economy to cross the $700 billion reserve thres ..... Read More

India’s Logistics Sector to Reach $159 Billion by 2028

The Indian logistics market, valued at $107.16 billion (₹9 trillion) in FY23, is projected to grow to $159.54 billion (₹13.4 trillion) by FY28, at a compound annual growth rate (CAGR) of 8-9%, as per a report by Motilal Oswal. This expansion is driven by structural reforms, advances in technology, and government efforts aimed at reducing logistics expenses and improving infrastructure. The National Logistics Policy, introduced in September 2022, seeks to transform India’s logistics sector by increasing the share of railways in freight tra ..... Read More

Piyush Goyal called the U.S. one of India’s most reliable trade partners

On Friday, Union Minister of Commerce and Industry Piyush Goyal highlighted the strengthening ties between the United States and India, emphasizing their collaboration across various fields, including trade, technology, and investment. Goyal reaffirmed India’s commitment to its partnership with the U.S., stating, “Let me be clear: India considers the United States one of our most dependable trade partners. We are actively broadening our relations and trade in goods, services, technology, and investment. We value this partnership deeply.” ..... Read More

PM Modi to Inaugurate Banjara Heritage Museum in Poharadevi

On Saturday morning, Prime Minister Narendra Modi will officially inaugurate the ‘Banjara Heritage’ Nangara Museum at Poharadevi, a significant site for the Banjara community located in Washim district. This visit marks the Prime Minister’s first trip to Poharadevi, generating great excitement among community members in anticipation of this landmark event. The inauguration ceremony will feature several distinguished guests, including Maharashtra Governor C.P. Radhakrishnan, Chief Minister Eknath Shinde, Deputy Chief Ministers ..... Read More

India gets Cabinet nod to join Global Energy Hub

Main Power Plant Energy ideas And energy saving On Thursday, the Union Cabinet approved India’s proposal to join the International Energy Efficiency Hub, a significant step towards enhancing the country’s energy strategies. This decision grants India access to an exclusive network of 16 nations that share innovative energy practices and solutions, according to a statement from the Ministry of Power. The Cabinet, chaired by Prime Minister Narendra Modi, endorsed the signing of a ‘Letter of Intent’ that facilitates India� ..... Read More

Can abortion shape Kamala Harris’s White House journey?

The 2024 presidential election marks a pivotal moment in American politics, as abortion rights take center stage. This election is particularly significant as it follows extensive restrictions and outright bans on abortion across numerous states, a change precipitated by a crucial Supreme Court ruling. A total of ten states will present referendum questions on abortion, which will be included on ballots for the presidential vote. These referendums could lead to substantial changes in abortion legislation, potentially overturning restrictions th ..... Read More

Two Indian Americans Named White House Fellows for 2024-2025

On Thursday, two Indian Americans, Padmini Pillai from Boston and Nalini Tata from New York, were selected as part of the 2024-2025 class of White House Fellows. This prestigious program, which includes 15 individuals from across the United States, offers participants the opportunity to work closely with senior White House staff, cabinet secretaries, and other high-ranking officials. The year-long fellowship aims to provide these leaders with the skills needed to better serve their communities. Pillai has been placed at the Social Security A ..... Read More

Google India MD: India is key for digital revolution.

As Google commemorates 20 years in India, it is optimistic about the future, with Artificial Intelligence (AI) playing a key role, according to India MD Roma Datta Chobey. She noted that Google is aligning its strategy with India’s growth and goals. In an interview, Chobey emphasized that AI regulation is necessary but must balance user benefits and foster innovation, which is still at an early stage. India is a critical market for Google, with the company committing to areas such as AI, payments, Pixel phone manufacturing, and skill d ..... Read More

Nomura: Indian steel majors are top global producers.

India’s steel industry is on track for substantial growth, with plans to add around 23 million tonnes (MT) of crude steel capacity between FY24 and FY27, according to a recent Nomura report. This expansion mirrors the industry’s compounded annual growth rate (CAGR) of 4.8%, consistent with its performance from FY15 to FY24. Despite this large increase, industry experts believe the sector is heading into a favorable phase. Major players such as JSW Steel, JSPL, Tata Steel, and ArcelorMittal & Nippon Steel are expected to contribu ..... Read More

Goyal, Raimondo discuss US investment in 20 Indian cities

Union Minister for Commerce and Industry, Piyush Goyal, had a productive discussion with US Secretary of Commerce, Gina Raimondo, during the India-US CEO Forum held in Washington, DC. Their conversation revolved around strengthening cooperation in critical sectors such as defense, space, semiconductors, telecom, artificial intelligence (AI), and clean energy, all of which are pivotal for advancing the economies of both nations. Goyal shared the details of the meeting on social media platform ‘X’, expressing optimism about prospects for tech ..... Read More

Kamala Harris embarks on rare visit to GOP’s birthplace

Vice President Kamala Harris is making a notable stop in Ripon, Wisconsin, the birthplace of the Republican Party, as part of her presidential campaign. On Thursday, she will host an event in this symbolic town, joined by former GOP Representative Liz Cheney, who endorsed her candidacy last month. The event will take place at the historic Little White Schoolhouse, where the Republican Party was founded in 1854. Harris and Cheney will use the occasion to discuss the history of the GOP and make a direct appeal to Republicans and independents who ..... Read More

PM Modi unveils tribal village upliftment drive in Jharkhand.

Prime Minister Narendra Modi inaugurated the Pradhan Mantri-Janjatiya Unnat Gram Abhiyan (PMJUGA) in Hazaribagh, Jharkhand, on the birth anniversary of Mahatma Gandhi. This ambitious initiative seeks to promote the all-round development of villages heavily populated by tribal communities, with a focus on improving economic opportunities for these populations. Following the launch, Modi also delivered a speech at the closing ceremony of the BJP’s ‘Parivartan Yatra’ held in Gandhi Maidan, Matwari. This yatra, which was launched by Union Hom ..... Read More

Indian Government Plans “Made in India” Label Initiative

The Indian government is currently evaluating a proposal for a “Made in India” label aimed at enhancing the country’s brand recognition in global markets, as reported by news agency PTI on October 2. Sources familiar with the discussions indicated that a high-level committee is assessing the specifics of this initiative. The goal is to forge a robust brand identity for India, reminiscent of the strong quality associations linked with labels like “Made in Japan” or “Made in Switzerland.” An official involved in the talks expres ..... Read More

Indian Americans Tara Raghuveer and Aadith Moorthy named in ‘TIME 100 Next’.

The 2024 TIME100 Next list has honored several prominent Indian and South Asian leaders who are playing crucial roles in shaping the future. Among the notable names are Tara Raghuveer, an Indian American activist; Aadith Moorthy, a tech entrepreneur; Payal Kapadia, a celebrated filmmaker; Ambika Mod, a British Indian actress; and Dr. Mehreen Datoo, a physician and academic. Also recognized are Nepali LGBTQ activist Rukshana Kapali and Bangladeshi student leader Nahid Islam, emphasizing the diverse influence of South Asian figures worldwide. ..... Read More

Harvard professor praises India: ‘An economic miracle.’

Larry Summers, President Emeritus of Harvard University and former U.S. Treasury Secretary, recently highlighted India’s promising future, forecasting it as the fastest-growing economy in the years ahead. He described India’s economic journey as extraordinary, citing its current $600 billion in reserves and its role as a generous contributor to global aid. Summers expressed his belief that India’s economic growth in the next generation could be just as remarkable as the transformations seen in recent decades. In an interview w ..... Read More