 "Adani Energy Solutions Ltd poised for explosive growth, forecasted to outpace global peers as India’s energy demand surges.")
Adani Energy Solutions Ltd (AESL) is a rapidly growing power transmission utility with an enterprise value of $18.5 billion. According to a recent report by Cantor Fitzgerald, AESL is expected to see a remarkable 29% compound annual growth in pre-tax profits over the next three years. With a diverse portfolio that includes transmission, distribution, and ...
 "Indian migrants dominate the U.S. educated workforce, making up 14% of global college-educated immigrants, driven by opportunity and ambition.")
A recent study by the Migration Policy Institute reveals that Indian migrants are the largest group of educated immigrants in the United States, making up 14 percent of the global pool. As of 2022, among over 14 million college-educated migrants in the U.S., 2 million of them are Indian. The report highlights that nearly half ...
Prime Minister Narendra Modi has begun a significant three-day visit to the United States. He will first meet President Joe Biden in Wilmington, discussing key issues like the India-US relationship and potential peace efforts in Ukraine and Russia. The leaders are expected to announce a collaboration involving space travel and the potential purchase of drones. ...
 "PM Modi embarks on a pivotal US visit, aiming to strengthen Quad ties and address global challenges at the UN.")
Prime Minister Narendra Modi is visiting the United States for three days to attend the Quad Leaders’ Summit and the UN’s “Summit of the Future.” He emphasizes that the Quad, comprised of India, the US, Australia, and Japan, plays a crucial role in promoting peace and prosperity in the Indo-Pacific region. Modi looks forward to ...
 "The RBI’s strategic .93 billion intervention stabilizes the depreciating rupee amidst fierce market volatility and global pressures.")
The Reserve Bank of India (RBI) has reported a significant activity in the foreign exchange Market, revealing it bought a net total of $6.93 billion in July. During this month, the RBI purchased $23.57 billion and sold $16.64 billion, marking a contrast to June when it sold a net amount of $2.11 billion. In July, ...
 "RBI Governor Shaktikanta Das stabilizes the rupee, amasses 0 billion in reserves, balancing export growth and economic stability amid global pressures.")
Shaktikanta Das, the Governor of the Reserve Bank of India, has skillfully balanced the rupee’s stability while supporting Prime Minister Modi’s export goals. India’s foreign exchange reserves have reached nearly $700 billion, echoing China’s past strategies. This approach has made the rupee less volatile, even as it hit record lows close to 84 per dollar. ...
 "Fed’s rate cut may have muted effects in India, as markets adjusted preemptively, with mixed global economic signals ahead.")
V Anantha Nageswaran, Chief Economic Advisor, recently discussed the effects of the US Federal Reserve’s rate cut on the Indian economy. He noted that the cut, which lowered the federal funds rate range by 50 basis points, might have a limited impact on India as much of it was anticipated. Economic Affairs Secretary Ajay Seth ...
 "The Fed’s unexpected rate cut sparks global market tensions, igniting fears of a looming recession as policymakers scramble to respond.")
The Federal Reserve’s recent decision to cut interest rates by half a percentage point is likely to influence global monetary policies. Fed Chair Jerome Powell reassured the public that the U.S. economy remains stable, despite fears of recession. This rate cut provides relief to emerging markets facing high U.S. borrowing costs, allowing them to adjust ...
India is experiencing a significant drop in exports to China, with a 22.44% decline to $1 billion in August, compared to an overall export decrease of 9% to $34.7 billion. Despite this contraction, China’s dependency as India’s largest import partner remains strong, with imports rising by 15.5% year-on-year to $10.8 billion. Key export items to ...
 "Nitin Gadkari unveils Revolt Motors’ electric bike, targeting global markets as India ramps up two-wheeler exports.")
Union Minister Nitin Gadkari highlighted the significant potential for Indian electric two-wheeler exports, particularly to regions where traditional motorcycles are already in demand. At the launch of Revolt Motors’ new electric commuter motorcycle, he noted that half of India’s motorcycle production is exported, with established companies like Bajaj Auto and Hero MotoCorp leading the way. ...
