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TIME100 AI 2024: Indian-American Innovators Leading the Charge

TIME Magazine has revealed its prestigious ‘TIME100 Most Influential People in AI 2024’ list, highlighting the trailblazers shaping the future of artificial intelligence. This year’s roster includes a remarkable number of Indian-American leaders and innovators making substantial impacts in the field. Among the standout names are Sundar Pichai, CEO of Google and Alphabet; Satya Nadella, CEO of Microsoft; and Rohit Prasad, Senior VP and head scientist of Artificial General Intelligence at Amazon. Other influential figures on ..... Read More

PM Modi lauds India-Singapore roundtable as groundbreaking

Prime Minister Narendra Modi has lauded Singapore as more than just a partner, calling it a shining example for developing nations. In a recent roundtable meeting with his Singaporean counterpart, Lawrence Wong, PM Modi described the dialogue between India and Singapore as a groundbreaking initiative. In his opening remarks, PM Modi expressed gratitude for the warm welcome and extended his congratulations to Wong on his new role as Prime Minister. He expressed confidence that under Wong’s leadership, Singapore would continue to thrive. ..... Read More

Lichtman’s Prediction: Kamala Harris Set to Lead in 2024

Allan Lichtman, the renowned American election forecaster often dubbed the “Nostradamus of US presidential polls,” has made his prediction for the 2024 presidential race. Lichtman, known for his impressive track record, has forecasted that Kamala Harris, the Vice President and Democratic nominee, will secure the presidency and become the next President of the United States. In a recent video for the New York Times, Lichtman confidently stated, “Kamala Harris will be the next President of the United States.” With the pres ..... Read More

India Unveils 12 High-Tech Industrial Smart Cities to Drive Growth

The Union Cabinet, led by Prime Minister Narendra Modi, has recently approved the development of 12 industrial smart cities across six major industrial corridors in ten states under the National Industrial Corridor Development Programme (NICDP). These states include Uttarakhand, Punjab, Maharashtra, Kerala, Uttar Pradesh, Bihar, Telangana, Andhra Pradesh, and Rajasthan. An Industrial Smart City is a modern urban area that uses advanced technology and data analytics to enhance industrial efficiency and promote sustainable development. The cities ..... Read More

Amazon Global Selling to exceed $13B exports by 2024

Amazon has revealed that its e-commerce export initiative, Amazon Global Selling, is on track to surpass $13 billion in cumulative exports from India by the end of 2024. The company has set an ambitious goal to reach $20 billion in exports by the close of 2025. Over the past year, the number of Indian sellers on the platform has surged by 20%, bringing the total to 150,000 exporters who have collectively sold more than 400 million Indian products worldwide. Mr. Bhupen Wakankar, Director of Global Trade at Amazon India, emphasized that substanti ..... Read More

India Surges Past China as Top Weight in MSCI EM IMI

India continues to be Morgan Stanley’s top choice among emerging markets (EM) and holds the second spot in the Asia-Pacific region. Recently, India surpassed China on September 4 in the MSCI Emerging Markets Investable Market Index (IMI), becoming the largest weight. India is now close to overtaking China as the top weight in the broader MSCI Emerging Markets index as well. The MSCI Emerging Markets IMI tracks large, mid, and small-cap stocks from 24 emerging market economies. In a recent report, international brokerage Morgan Stanley ana ..... Read More

Indian-Americans Rally for Harris: Historic Bid for Presidency

A coalition of Indian-Americans has unveiled a new campaign, “Indian Americans for Harris,” aimed at rallying support for Vice President Kamala Harris in the 2024 U.S. presidential election. This initiative seeks to advance Harris’s candidacy, potentially making her the first individual of Indian heritage to lead the United States. The campaign will concentrate on critical battleground states such as North Carolina, Wisconsin, Michigan, Pennsylvania, Arizona, and Georgia. Desh Chatterjee, a prominent North Carolina businessman and ..... Read More

Indian Americans Vote Impact Over Heritage, Says AsiansMAGA

A newly established organisation representing Asian communities suggests that Indian Americans are likely to base their votes in the upcoming U.S. presidential election on candidates’ actions rather than their heritage or race. According to the group, Republican candidate Donald Trump has a stronger record compared to his Democratic opponent, Vice President Kamala Harris. Harris, at 59, is the first presidential candidate of Indian heritage at the top of a Democratic ticket, which has stirred considerable excitement within the Indian-A ..... Read More

FIIDS Launches Campaign to Empower Indian-American Voters

The Foundation for India and Indian Diaspora Studies (FIIDS) has launched the “Indo-American Votes Matter” campaign to enhance voter turnout among Indian-Americans for the upcoming U.S. presidential election. The initiative aims to register one million Indian-American voters, ensuring their voices are considered by both major political parties. With the election just two months away, the campaign seeks to galvanise Indian-American participation in the electoral process. Although Indian-Americans represent just 1.5% of the U.S. popul ..... Read More

India Permits 8,606 Tonnes of Sugar Export to US

India has designated 8,606 metric tonnes of sugar for export to the US under the Tariff Rate Quota (TRQ) scheme, as outlined by the Directorate General of Foreign Trade (DGFT). This allocation pertains to the US fiscal year 2025. Under the TRQ scheme, sugar exports (HS Code 17010000) to the US and EU are currently categorized as ‘Free,’ subject to specific conditions. According to the DGFT notification, a Certificate of Origin may be required for preferential exports to the US. This certificate will be issued by the Additional Direc ..... Read More

Rural Demand Soars, Private Consumption Rises: RBI Governor

RBI Governor Shaktikanta Das highlighted a significant uptick in rural demand within the Indian economy, driven by growth in private consumption and investment as reflected in the latest GDP figures. Addressing the FIBAC 2024 conference in Mumbai, Das pointed out that recent data from FMCG companies indicates a revival in rural demand. He noted that private consumption, making up around 56 percent of total demand, has seen a significant growth rate of 7.4 percent. This represents a substantial rebound from a mere 4 percent growth in the latter ..... Read More

PM Modi promises global cooperation for Green Future

India has made significant progress in green energy and remains committed to collaborating with the global community for a sustainable future, said Prime Minister Narendra Modi on Thursday. PM Modi emphasized India’s “clearer approach” and the “remarkable growth of solar energy” during his virtual address to the inaugural International Solar Festival in the national capital as key factors in the country becoming the first “G20 Nation to meet the Paris commitments in renewable energy.” “Our solar energ ..... Read More

Ghar Wapsi: 120 Jharkhand Christians revert to Hinduism

Christian missionaries had converted around 120 individuals from 67 families in Barka Khurd Panchayat, Ichak block, Hazaribagh district, Jharkhand, to Christianity a few months earlier. Sanatan Samaj organized a religious conversion event at the Shiv temple in Barka Khurd, where they ceremoniously welcomed back into Hinduism through a traditional foot-washing ceremony amid the chanting of “Om.” The majority of those returning to Hinduism were from Dalit communities, and a significant number of them were women. The event included rel ..... Read More

Indian startups get 13 big investment rounds in 2024

tartup India Scheme. Credit: startupindia.gov.in In 2024, the Indian startup ecosystem experienced a significant increase in large funding rounds, particularly those exceeding $100 million, as startups shifted their focus toward profitability along with growth. So far in 2024, there have been 13 funding rounds valued at over $100 million. Notable startups such as Zepto, Rapido, Lenskart, Flipkart, Meesho, and PharmEasy have all participated in these large funding rounds. Quick e-commerce company Zepto, for example, has raised two major rounds o ..... Read More

Indra Nooyi Headlines Synergy 2024 in Las Vegas

Indra Nooyi, former CEO of PepsiCo, will deliver the keynote address at ITServe Alliance’s Synergy 2024, scheduled for October 29-30 at Caesars Palace in Las Vegas. This annual conference, renowned for its pivotal business insights and networking opportunities within the IT services sector, will draw over 3,000 attendees this year. Themed “Join, Collaborate, Accelerate,” Synergy 2024 aims to foster strategic relationships and drive innovation in technology. Suresh Potluri, Director of Synergy 2024, emphasized the event&rsqu ..... Read More

Usha Vance Swings from Clinton to MAGA for 2024

Usha Vance, wife of J.D. Vance, has transformed her political stance from a potential Hillary Clinton supporter to a staunch advocate of the MAGA agenda for the 2024 election, according to sources speaking with DailyMail.com. According to a longtime family friend, Usha Vance, who was once a registered Democrat, has now aligned herself with her husband’s Republican campaign and Trump’s platform. This political shift reflects J.D. Vance’s own transformation in his views on Trump. Usha, a Yale-educated attorney, previously ide ..... Read More

PM Modi, Brunei Sultan discuss boosting bilateral ties

On Wednesday, Prime Minister Narendra Modi met with Sultan Haji Hassanal Bolkiah of Brunei for a significant discussion aimed at deepening bilateral relations. During their extensive talks, the leaders explored avenues to strengthen trade, commercial connections, and cultural exchanges between their nations. Sultan Hassanal Bolkiah and his family extended a warm welcome to PM Modi at the Istana Nurul Iman, setting a positive tone for the visit. PM Modi expressed his enthusiasm about the discussions on X, stating that the meeting covered a br ..... Read More

India Unveils New Nuclear Submarine, Sends Clear Message

In a significant strategic move, India has commissioned its second nuclear-capable submarine, INS Arighaat, on Thursday in Visakhapatnam. As the second vessel in the Arihant-class series, INS Arighaat follows the commissioning of INS Arihant in 2016. These submarines are equipped with four missile silos, each housing three K-15 ballistic missiles with a range of 400 nautical miles, and are capable of accommodating K-4 missiles with a range of 1,900 nautical miles. Additionally, the Arihant-class submarines are armed with torpedoes for anti-subm ..... Read More

India’s Growth Remains Robust Amid Global Slowdown

Despite a challenging global environment, the Indian economy is thriving, according to the World Bank’s latest report, *India’s Trade Opportunities in a Changing Global Context*. The update reveals that India remains the fastest-growing major economy, expanding at an impressive 8.2 percent in FY23/24. This growth surge has been driven by significant public infrastructure investments and a rise in household spending on real estate. On the supply side, the economy benefited from a dynamic manufacturing sector, which grew by 9.9 percent, and r ..... Read More

Campaign Launched to Amplify Indian-American Voter Power

As the November 5 U.S. presidential elections approach, an Indian diaspora organization is spearheading a campaign to boost the influence and engagement of Indian-American voters. The initiative, named “Indo American Votes Matter,” is launched by the Foundation for India and Indian Diaspora Studies (FIIDS), aiming to highlight the crucial role this community can play in shaping the nation’s future. FIIDS emphasizes that with around 4.5 million Indo-Americans residing across the U.S., their votes are increasingly pivotal in the ..... Read More

World Bank Elevates India’s FY25 GDP Forecast to 7%

The World Bank has upgraded India’s growth outlook for this financial year, boosting it from 6.6% to a vibrant 7%. This upward adjustment is largely attributed to the government’s increased focus on infrastructure spending. According to the World Bank’s India Development Update, this surge in growth is fueled by heightened public investment in infrastructure and a rise in household investments within the real estate sector. On the supply side, the manufacturing sector demonstrated remarkable strength, growing by 9.9%, while the resili ..... Read More

S. Jaishankar Shares Indian View on Global Issues

External Affairs Minister S. Jaishankar addressed the Ambassadors Conference of the Austrian Foreign Ministry on Monday, joining the event virtually at the invitation of Austrian Foreign Minister Alexander Schallenberg. During the conference, Jaishankar provided insights from India’s perspective on the global situation, highlighting the prospects for both bilateral relations between India and Austria, as well as with the European Union. In a social media post, Jaishankar expressed his pleasure in addressing the conference, thanking Minist ..... Read More

Meet the Top-earning Indian-Origin Tech CEOs in US

Nikesh Arora and Yamini Rangan are leading the ranks as the top-earning Indian-origin tech CEOs in their respective fields. Recent data on CEO compensation highlights these two executives: Nikesh Arora of Palo Alto Networks and Yamini Rangan of HubSpot, both of whom have been recognized as among the highest-paid CEOs with Indian roots. Nikesh Arora, who is ranked 10th on the list of the highest-paid CEOs based on Compensation Actually Paid (CAP), had a reported total compensation exceeding $266.4 million in 2023. His impressive earnings refl ..... Read More

PM Modi Confident of Strengthening ASEAN Ties in Visit

Prime Minister Narendra Modi emphasized the significance of Brunei and Singapore as key partners in India’s Act East Policy and Indo-Pacific Vision, expressing optimism that his visits will bolster New Delhi’s ties with these nations and the broader ASEAN region. PM Modi embarked on a three-day visit to Brunei and Singapore, beginning with Brunei on September 3-4, followed by Singapore on September 5. In a statement shared on the social media platform X, PM Modi remarked, “Over the next two days, I will be visiting Brunei D ..... Read More

Kamala Harris trolled for ‘fake accent,’ compared to cartoon character

US Vice President Kamala Harris faced backlash for her use of a new accent during a Labour Day rally in Detroit, Michigan. While addressing union members at a high school in Detroit, Harris attempted to connect with the crowd by adopting a more animated tone, which led to noticeable changes in her accent. Her comments, including statements like, “You better thank a union member for the five-day work week…,” were particularly criticized for the change in her accent. Some detractors even likened her speech to that of Foghorn ..... Read More