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UAE Emerges as India’s Fourth-Largest Investor
According to data from the Department for Promotion of Industry and Internal Trade (DPIIT), the United Arab Emirates (UAE) has become the fourth-largest investor in India during the fiscal year 2023. Foreign direct investment (FDI) from the UAE to India has increased significantly, reaching US$ 3.35 billion, more than three times the amount invested in 2021-22, which was US$ 1.03 billion. This surge in investment is attributed to the strong bilateral relations and investment cooperation between the two countries, as well as increased investment .....
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India’s GDP Soars to $3.75 Trillion, Establishing Itself as a Stronghold in the Global Economy
India’s finance minister, Nirmala Sitharaman, announced on June 12 that India’s gross domestic product (GDP) has reached $3.75 trillion in 2023, compared to around $2 trillion in 2014. This places India as the fifth-largest economy globally and a “bright spot” in the global economy. .....
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India claims the top spot in global digital payments with 89.5 million transactions.
According to data from MyGovIndia, India has taken the lead in digital payments, recording 89.5 million transactions in 2022, outpacing four other countries. These transactions accounted for 46% of global real-time payments, surpassing the combined digital payment transactions of the other leading nations. MyGovIndia expressed enthusiasm for India’s dominance in the digital payment landscape, attributing it to innovative solutions and widespread adoption, leading the way toward a cashless economy. .....
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Shweta Bachchan unveils the secret to Amitabh and Jaya’s enduring marriage
Amitabh Bachchan and Jaya Bachchan celebrated their 50th wedding anniversary on June 3rd. To mark the occasion, their daughter Shweta Bachchan took to Instagram and shared a throwback picture of her parents. In her post, Shweta revealed the secret behind their long-lasting marriage. According to her, her mother believes that love is the key, while her father’s secret is the age-old saying that the wife is always right. .....
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Harvard appoints Ritu Kalra as vice president for finance and CFO
Ritu Kalra, a highly experienced professional in financial management and investment banking, has been appointed as the vice president for finance and chief financial officer at the University. Currently serving as Harvard’s assistant vice president of finance and treasury and special projects adviser, Kalra will now be responsible for overseeing various financial aspects, including long-term planning, budgeting, endowment fund spending policy, treasury, financial accounting and reporting. Her role will also involve research administration, str .....
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Tim Cook, the CEO of Apple, engages in a video call with a 20-year-old winner of the Swift Student Challenge, praising her work as a testament to creativity.
Apple CEO Tim Cook recently held a virtual meeting with Asmi Jain, a young girl from Indore, who was selected as one of the winners of the WWDC23 Swift Student Challenge. The challenge aimed to encourage students worldwide to create an original app using the Swift coding language. Jain, who is 20 years old, developed an app called EyeTrack, which tracks a user’s eye movements as they follow a ball moving across the screen, ultimately helping to strengthen their eye muscles. .....
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White House COVID-19 Coordinator Ashish Jha to Step Down Next Week
The White House has announced that Ashish Jha, the White House’s COVID-19 coordinator, will be leaving the administration next week. Jha, who previously served as the dean of Brown University’s school of public health, joined the White House in April 2022. With the conclusion of the national emergencies related to the virus, Jha’s departure comes at a time when COVID-19 no longer dominates daily life. .....
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Jammu and Kashmir : New Industrial Policy draws $297 million investment in 1 year
According to media reports, the implementation of the New Industrial Policy (NIP) 2021 in Jammu and Kashmir since April 1, 2022, is yielding positive outcomes, as the region is emerging as an attractive investment destination. In a significant development, investments amounting to approximately $297 million have been made in Jammu and Kashmir within a single year, marking a milestone since 1947. .....
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Uma V. Mysorekar honored with Interfaith Award
Uma V. Mysorekar, an experienced medical professional originally from India, has been selected by the Interfaith Center of New York to receive the esteemed James Parks Morton Interfaith Award for her outstanding community service. The award ceremony will take place at the Interfaith Center’s annual gala in New York on June 26, 2023. .....
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OpenAI’s CEO Sam Altman engages in discussions with PM Modi, explores India’s technology ecosystem.
According to reports, Sam Altman, the CEO of OpenAI, had a productive discussion with Prime Minister Narendra Modi on India’s thriving technology ecosystem and the potential benefits of artificial intelligence (AI) for the country. Altman expressed his enjoyment of the meetings he had with individuals in the Prime Minister’s Office. .....
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PM Modi’s visit exposes a fresh pragmatism in the US approach to India.
President Joe Biden has extended an invitation to Prime Minister Modi for a State visit to the United States, highlighting the growing significance of bilateral and geopolitical relations between the two countries. This invitation also includes the opportunity for the Indian Prime Minister to address a joint session of the US Congress, further solidifying the importance of the relationship. .....
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Ranbir Kapoor & Alia Bhatt to star as Ram & Sita in Nitesh Tiwari’s Ramayan?
According to reports, Nitesh Tiwari’s film adaptation of Ramayan is scheduled to begin production in December. The movie had previously been delayed due to difficulties in casting the role of Ravana, but it seems that the search for an actor is now over. As per a report from Pinkvilla, Ranbir Kapoor, Alia Bhatt, and Yash have been chosen for the key roles in the film. .....
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Vandita Sarjya’s documentary triumphs at the ‘Health for All Film Festival’ organized by the WHO, showcasing the success of global Indians.
Vandita Sarjya, an Indian filmmaker, was awarded the special prize in the Climate Change and Health Film category at the 4th Annual Health for All Film Festival held in Geneva. Sarjya’s documentary titled “When climate change turns violent” explores the connection between gender-based violence and climate change. The powerful 4-minute 32-second film highlights the devastating impact of climate change on vulnerable communities, particularly women, emphasizing the urgent need for action. .....
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Americans4Hindus to organize historic Hindu-American Summit at US Capitol
A groundbreaking event called the Hindu-American Summit for Political Engagement will take place at the US Capitol, organized by a coalition of influential Indian-Americans from across the country. The summit, scheduled for June 14, aims to bring attention to the concerns of the Hindu community among lawmakers. House Speaker Kevin McCarthy is among the notable speakers who will address the summit. .....
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Temple Festival in Furstenfeldbruck’s Commercial Area Resembles Festivities in India
The Tamil community in southern Bavaria marked the first anniversary of the Sellapillaiyar church in Fürstenfeldbruck with a temple festival and parade. The festivities revolved around the worship of Ganesha, the elephant-headed God. Despite its location near the S-Bahn tracks in the Fürstenfeldbruck industrial park, stepping into the Sellapillaiyar Hindu temple transports visitors to a different world. .....
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Tata Motors to invest US$ 2 billion and manufacture 6-7 passenger vehicles by 2027
Tata Motors has announced its plan to allocate a sum of US$ 2 billion over the next four years for the development of new products and platforms. The Mumbai-based automaker shared during an investor meeting that it intends to introduce six to seven new passenger vehicle (PV) models by 2027, featuring various powertrain options, including battery-powered ones. .....
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New-generation ballistic missile ‘Agni Prime’ undergoes successful flight test in India
On June 8, 2023, the newly developed ‘Agni Prime’ ballistic missile underwent a successful test flight from an island near the coast of Odisha, as confirmed by officials. The Defence Research and Development Organisation (DRDO) conducted the test from Dr. APJ Abdul Kalam Island and achieved all of the set objectives. .....
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GE Unveils Transition of Chief Financial Officer Role
GE (NYSE: GE) has announced a change in its Chief Financial Officer (CFO) position. Starting from September 1, 2023, Rahul Ghai will take on the role of Senior Vice President and CFO of GE, succeeding Carolina Dybeck Happe. .....
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Palm Springs International Film Festival appoints Nachhattar Chandi as chairman
Nachhattar Chandi, the President and CEO of Chandi Group U.S., has been appointed as the chairman of the Palm Springs International Film Festival (PSIFF). This announcement was made in April 2023, following the resignation of Harold Matzner, who had held the position since 2000. .....
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India’s foreign exchange reserves approach the $600 billion mark, reaching a nearly one-year high.
India’s foreign exchange reserves reached their highest level since early June, totaling $599.53 billion as of May 12, according to the Reserve Bank of India’s statistical supplement. This marks the third consecutive week of growth, with an increase of $3.55 billion from the previous week and a total rise of $11.7 billion over the past two weeks. .....
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Rahul Gandhi’s Incorrect Interpretation of History: Gandhi vs. Godse Ideology Discussed during his USA Visit as he Says ‘Jai Bhim’
Rahul Gandhi recently embarked on a 10-day tour of three cities in the United States. During his visit to New York, the final leg of his tour, he delivered a speech to the Indian diaspora that included several peculiar statements. Continuing a pattern seen in his overseas visits, Gandhi criticized India and its government, while also making factually inaccurate claims about the country’s history, democracy, and leaders. .....
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India Conducts Flight Test of Next-Generation Ballistic Missile Agni Prime
The successful flight test of the new generation ballistic missile Agni Prime was conducted by the Defence Research and Development Organization (DRDO). Taking place on 7 June at Dr APJ Abdul Kalam Island off the coast of Odisha, the test achieved all its objectives, as confirmed by the ministry of defence. .....
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Amarnath Yatra 2023: Extensive Preparations Underway, Route Clearance and Security Measures in Full Swing
Preparations are underway for the upcoming Amarnath Yatra, a 62-day pilgrimage that will take place from July 1 to August 31, 2023. Devotees of Lord Shiva embark on this challenging annual journey to the sacred Amarnath cave shrine to offer prayers to the Ice Lingam. The Border Roads Organisation (BRO) has initiated the task of clearing the pathways leading to the shrine. .....
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Google Pay introduces Aadhaar-based service, revolutionizing UPI activation
Google Pay, the popular UPI-based payment application, has introduced a new feature that streamlines the process of activating UPI services. This feature allows users to activate their UPI service using their Aadhaar number, eliminating the need for a debit card. The aim is to enhance accessibility and convenience for UPI transactions, making digital payments seamless for millions of Indians. .....
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The Phenomenon of Yoga’s Global Spread and its Connection to Consciousness
The previous century witnessed a remarkable narrative of yoga teachers disseminating their knowledge to distant corners of the world, leading to the transformation of local religious traditions. Yoga studios can now be found in diverse locations, even in small towns across Peru, South Africa, and Hungary. .....
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