 "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 ...
 "Top private equity firms, led by India-based executives, pivot towards India amid declining opportunities in China and Southeast Asia.")
Leading private equity firms like Blackstone and KKR are increasingly focusing on India, driven by a surge in significant transactions. Senior leaders are now based in the country to oversee regional investments. For example, Amit Dixit, who heads Blackstone’s Asia operations, has extensive experience in South Asia. KKR recently appointed Gaurav Trehan as Co-Head of ...
 "Tragic death of auditor Anna Perayil sparks investigation into exploitative work conditions at EY India, highlighting disturbing corporate culture concerns.")
The Indian government has launched a detailed investigation into the allegations made by Anna Sebastian Perayil’s mother regarding an exploitative work environment at EY India. Anna, a member of the audit team in Pune, tragically passed away in July. Her mother, Anita Augustine, claimed that the intense work stress contributed to her death. Minister of ...
 "Pernod Ricard India, led by Jean Touboul, anticipates robust growth amid regulatory challenges and a focus on premium whisky expansion.")
Pernod Ricard India anticipates strong double-digit growth in the medium term, driven by a growing trend towards premium products. Jean Touboul, CEO of Pernod Ricard India, highlighted that India has become the company’s second-largest Market globally. Despite facing regulatory challenges, including losing their liquor license in Delhi, Touboul remains optimistic and is actively seeking to ...
Former President Donald Trump announced that Indian Prime Minister Narendra Modi will meet him next week during Modi’s three-day visit to the U.S. from September 21 to 23. While discussing trade, Trump criticized India for high tariffs, calling it an “abuser,” but praised Modi as a “fantastic man.” Modi’s trip will start with the Quad ...
 "A pivotal report on ‘One Nation, One Election’ sparks debate as India contemplates synchronized polls amid constitutional challenges.")
The Union Cabinet has recently approved the ‘One Nation, One Election’ proposal, allowing simultaneous elections for the Lok Sabha and state Assemblies. This significant initiative, reported on September 18, aims to streamline the electoral process in India. A report by a committee led by former President Ram Nath Kovind highlighted the need for adjusting current ...
 "In a historic shift, India surpasses China in the MSCI Emerging Markets Index, fueled by robust economic growth and investor confidence.")
India has made history by surpassing China for the first time in the MSCI Emerging Markets Index, showing a weight of 2.35% compared to China’s 2.24%. This shift comes amid India’s strong economic growth, with its GDP growing at a pace over three times faster than China’s. Analysts from Morgan Stanley expect India to keep ...
 "As India prepares for a challenging ODI series against Bangladesh, Coach Gambhir’s fierce protection of players raises expectations and tension.")
Virat Kohli and head coach Gautam Gambhir are preparing for the first ODI match between India and Sri Lanka. Former player Dinesh Karthik praised Gambhir’s protective aggression towards his players, emphasizing that it fosters a positive environment. While Gambhir has extensive experience in T20 coaching, this upcoming Test series against Bangladesh will present a fresh ...
 "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. ...
On September 17, 2024, Congress president Mallikarjun Kharge expressed his concerns in a letter to Prime Minister Narendra Modi regarding disrespectful comments aimed at Rahul Gandhi by BJP leaders. Kharge highlighted phrases like “Number one terrorist,” used by Union Minister Ravneet Bittu, and a death threat from a former BJP MLA, labeling these remarks as ...
