Must Read News

Global chip-making CEOs back PM Modi at SemiconIndia 2023.

CEOs from prominent semiconductor companies like Foxconn, Micron, and AMD expressed their support for Prime Minister Narendra Modi’s statements during the SemiconIndia 2023 event in Gandhinagar. They showed optimism about investing in India’s semiconductor industry. The chairman of Foxconn, Young Liu, commended the Indian government’s determination and expressed confidence in its future. He drew parallels with Taiwan’s successful semiconductor i ..... Read More

Walmart buys $1.4B Tiger Global stake in Flipkart – Wall Street Journal

On Monday, media reports indicated that Walmart (WMT.N) has increased its control over the Indian e-commerce company Flipkart by acquiring the remaining stakes held by hedge fund Tiger Global and venture capital firm Accel. According to the Wall Street Journal, Walmart paid $1.4 billion to purchase the remaining Flipkart shares owned by Tiger Global, resulting in a valuation of approximately $35 billion for the Indian company. This valuation is lower than the nearly $3 ..... Read More

India’s Rise to World’s 3rd Largest Economy Surpassing Japan and Germany is Substantiated

  India is poised to surpass Japan and Germany in 2027, becoming the third-largest economy globally, according to the State Bank of India’s Ecowrap report. This projection comes after India’s recent strides in economic growth and policy reforms, including initiatives like Make in India, PM Gati Shakti infrastructure drive, and targeted social welfare schemes. The country’s recovery from the COVID-19 phase has been strong, further fueling its growth t ..... Read More

Mr. Rajeev Chandrasekhar: India’s US$ 10 billion PLI to match China’s 25-30 year semiconductor progress in a decade.

India is poised to become a significant player in the global semiconductor supply chain over the next decade, thanks to the allocation of US$ 10 billion in incentives and support to promote domestic chip manufacturing. Union Minister of State for Electronics and Information Technology, Mr. Rajeev Chandrasekhar, expressed confidence in India’s progress in the semiconductor field, drawing parallels to China’s three-decade advancement. Various firms, including ..... Read More

Study: 100 Million Indians Affected by Diabetes, 315 Million Suffer from Hypertension

A groundbreaking study published in The Lancet medical journal reveals alarming statistics about the prevalence of diabetes and hypertension in India. The research, conducted by the Madras Diabetes Research Foundation in collaboration with the Indian Council of Medical Research (ICMR) and the Union health ministry, indicates that a staggering 101 million people, which is 11 per cent of India’s total population, are suffering from diabetes. Additionally, 35.5 per ..... Read More

Unveil India’s Next Unicorn on Prime Video with ‘Mission Start Ab’

Twitter : @sushantsreeram Ten early stage ventures are set to showcase their ‘made for India’ innovations and receive mentorship from top investors in an upcoming original show. The collaboration between Prime Video and the Office of the Principal Scientific Adviser, Government of India, has given rise to Mission Start Ab, an original TV series that aims to highlight India’s grassroots innovators and their success stories. Through a series of challeng ..... Read More

Latest Updates on Gadar 2: OTT Release Date, Trailer, Star Cast, Plot, and More

The makers of Gadar 2 have recently unveiled the official trailer, showcasing it as a thrilling action-packed film where Sunny Deol, portraying Tara Singh, takes on the Pakistani Army to rescue his son. The sequel, ‘Gadar 2,’ follows the romantic partition-era love story of ‘Gadar: Ek Prem Katha,’ which was a huge hit at the box office during its initial release. Before the storm of Gadar 2 hits, ‘Gadar: Ek Prem Katha’ is re-released ..... Read More

Gujarat To Have India’s First Large-Scale Semiconductor facility: CM Bhupendra Patel

Gujarat is set to achieve a significant milestone by becoming the first state in India to house a large-scale semiconductor manufacturing facility, as announced by Chief Minister Bhupendra Patel. A Memorandum of Understanding (MoU) was recently signed between the state and Micron, a renowned computer storage chip maker, for the establishment of a USD 2.75 billion semiconductor facility near Ahmedabad, in Sanand. Addressing the ‘Semicon India 2023’ event, Pa ..... Read More

Opportunities Open Up for US H-1B Visa Holders in Canada

As of June 27, holders of a United States H-1B specialty occupation visa now have the opportunity to apply for employment and residency in Canada, as announced by Canada’s Immigration Minister, Sean Fraser. The aim of this initiative is to promote labor mobility in North America and may impact professionals in the high-tech industries of both Canada and the United States, as well as their immediate family members. Successful applicants will receive an open work p ..... Read More

Alia-Ranveer’s ‘Rocky Aur Rani Kii Prem Kahaani’ Garners $3.28 Million at Box Office.

Karan Johar’s latest film, Rocky Aur Rani Kii Prem Kahaani, has received widespread acclaim from both critics and audiences alike. The movie enjoyed an impressive opening at the domestic box office, raking in $0.135 million. By the following Saturday, 29th July, the film witnessed a remarkable 45 percent surge in collections, reaching $0.195 million. According to trade analyst Taran Adarsh, the two-day collection for the Alia Bhatt-Ranveer Singh starrer stands at ..... Read More

Anticipated Acceleration in Mumbai-Ahmedabad Bullet Train Project Work

Progress on the Mumbai-Ahmedabad bullet train project is expected to accelerate as almost all the required land has been acquired. Out of the 28 contract packages for the project, 23 have already been awarded. Railways Minister Ashwini Vaishnaw shared that the delay in land acquisition, especially in Maharashtra, has affected the project. However, as of June 2023, about 429.53 hectares of land have been acquired out of the total requirement of approximately 430.45 hect ..... Read More

Foxconn to establish an electronic plant in TN with a $200 million investment

An offshoot of Foxconn, the prominent Taiwanese electronics manufacturer, is apparently preparing to allocate approximately $200 million for the establishment of an electronic components plant in Chennai. As per a report from Reuters, CEO Brand Cheng and other representatives from Foxconn Industrial Internet (FII) held discussions with Tamil Nadu Chief Minister MK Stalin and other government officials about this potential investment in the southern state. According to ..... Read More

The Prime Minister Unveils ‘Bharat Mandapam’ – International Exhibition-cum-Convention Centre

Prime Minister Mr. Narendra Modi inaugurated the International Exhibition-cum-Convention Centre (IECC) complex, named ‘Bharat Mandalam,’ at Pragati Maidan in New Delhi. During the grand opening, the Prime Minister also unveiled the G-20 coin and stamp and participated in the naming of the Convention Centre. The IECC, constructed as a national project at a cost of approximately US$ 329.17 million (Rs 2,700 crore), aims to promote India as a global economic d ..... Read More

Report: Indian Oil Marketing Companies (OMCs) Anticipate Triple Pre-Tax Profit at US$ 12.19 Billion (Rs. 1 Lakh Crore) in FY24

Indian oil marketing companies (OMCs) are projected to achieve a remarkable pre-tax profit of at least US$ 12.19 billion (Rs. 1 lakh crore) during the current fiscal year (FY24), as per a Crisil report. The report indicates that the operating profit for OMCs is expected to rise to US$ 12.19 billion (Rs. 1 lakh crore) this fiscal year, a significant increase compared to the average of US$ 7.31 billion (Rs. 60,000 crore) recorded between fiscal years 2017 and 2022. This ..... Read More

Save the date: October 15th, India vs. Pakistan in Ahmedabad.

India’s highly anticipated cricket match against arch-rivals Pakistan will take place at the grand Narendra Modi Stadium in Ahmedabad, as announced jointly by the International Cricket Council (ICC) and the Board of Control for Cricket in India (BCCI) during a special event in Mumbai, 100 days ahead of the tournament. The tournament will commence on October 5 in Ahmedabad, with the final match scheduled for November 19 in the same city. The semi-finals will be he ..... Read More

Indian blind women’s football team set to make their inaugural appearance at the World Championship.

The moment Indian football enthusiasts have been eagerly awaiting has finally arrived! The Indian blind women’s football team has officially qualified for the World Championship to be held in Birmingham in August, marking a significant milestone for the sport in the country. Eight visually impaired women were the ones who accomplished this remarkable feat. The Indian Blind Football Federation (IBFF), the sole authorized organization for official blind football ac ..... Read More

Yoga may aid older women at Alzheimer’s risk: Study.

According to a small study conducted at the University of California, Los Angeles (UCLA), a specific type of yoga that emphasizes breathing, meditation, and mental visualization showed potential benefits for older women with risk factors for Alzheimer’s disease and concerns about memory decline. Using a specialized MRI technique to measure brain activity, the researchers found that Kundalini yoga increased activity in a brain region impacted by stress and associa ..... Read More

US Congressman Krishnamoorthy: Majority of American Sikhs Oppose Khalistanis and Violence

The Khalistan movement has been witnessing a resurgence in various parts of the world, especially in countries like the US, UK, and Australia, which have significant Indian diaspora communities. Recent attacks on the Indian consulate in San Francisco have raised serious concerns. In a conversation with US Congressman Raja Krishnamoorthi, Executive Editor Rohan Dua discussed the potential threat posed by Khalistanis in the US. Congressman Krishnamoorthi, known for stron ..... Read More

Samir Mayekar, Obama Alumni, joins Chicago Federal Reserve as Visiting Scholar.

Samir Mayekar, a former top aide in Mayor Lori Lightfoot’s administration, recently announced that he will be a “visiting scholar” at the Federal Reserve Bank of Chicago. In a social media post, the Indian American expressed his eagerness to contribute towards fostering an inclusive and stable financial system, providing equal opportunities for everyone to prosper. Mayekar is the co-founder and CEO of NanoGraf Corporation, a global manufacturer specia ..... Read More

IMF Upgrades India’s 2023 GDP Growth Forecast to 6.1%, Maintains China’s at 5.2%

The International Monetary Fund (IMF) has revised its forecast for India’s economic growth rate in 2023 to 6.1 per cent, which is 0.2 percentage points higher than its previous projection in April. This upward revision is a result of the strong growth seen in India’s economy during the fourth quarter of 2022, driven by increased domestic investment. In contrast, the IMF has maintained its forecast for China’s growth rate at 5.2 per cent for 2023 and 4 ..... Read More

Government allows Muharram procession in Srinagar after 34 years.

Thousands of Shia Muslim mourners in Srinagar held a massive procession on the 8th of Muharram to honor the sacrifice of Hazrat Imam Hussain, Prophet Mohammad’s grandson, in the historic Battle of Karbala, Iraq. This event marked the first time in 34 years, since August 1988, that the authorities permitted the 8th of Muharram mourning procession on its traditional route, thanks to the instructions of Lieutenant Governor Manoj Sinha after consultation with the Gov ..... Read More

MLC Playoffs to begin in Dallas.

The playoffs of Major League Cricket (MLC) are set to begin today at the recently reopened Grand Prairie Stadium in Dallas, and it promises to be an exciting event. The teams competing for the inaugural MLC Championship are MI New York, The Washington Freedom, Seattle Orcas, and the Texas Super Kings. The first match at 3:30pm CT features the Washington Freedom against MI New York in the “Eliminator” game. Both teams earned the third and fourth seed positio ..... Read More

Klaasen of Seattle Achieves 1st Century in MLC

Twitter: @MiLCricket In an exciting high-scoring match between MI New York (MI NY) and Seattle Orcas (SEA), the latter secured a thrilling two-wicket win. The Orcas won the toss and opted to bowl first. MI New York’s opening batsman, Monank Patel (2), faced early struggles and lost his wicket cheaply in the third over. Shayan Jahangir (19) followed suit, unable to capitalize on his initial success. After crossing the 50-run mark, MI NY lost Hammad Azam (2) in the ..... Read More

Ban on Rice Export Sparks Panic Purchases Among NRIs in the US: Each Family Hoards 10-15 Bags

Indian expatriates (NRIs) residing in the United States are encountering challenges when attempting to purchase rice from local Indian stores. The hurdles stem from restrictions on rice purchases and the surge in prices, following India’s decision to ban the export of ‘Non-Basmati White Rice.’ The Indian government amended the export policy for this type of rice, changing it from ‘Free with export duty of 20%’ to ‘Prohibited,’ ..... Read More

Kriti Sanon Unveils Beauty Brand on Her Birthday: Discover the Price Range

Kriti Sanon celebrated her birthday by introducing her new beauty brand, Hyphen, making her the latest celebrity to venture into the cosmetics industry, following in the footsteps of Katrina Kaif and Deepika Padukone. Kriti took to Instagram to share the exciting news with her followers. The brand’s ethos revolves around the combination of nature and science to create effective products with multiple benefits. Kriti expressed her gratitude to her co-founders and ..... Read More