News for 'Global Indian Foundation'

New York City declares April 14 as Dr BR Ambedkar Day

New York City declares April 14 as Dr BR Ambedkar Day

Rediff.com15 Apr 2025

Deputy Commissioner for the New York City Mayor's Office for International Affairs Dilip Chauhan made the announcement in the presence of Minister of State for Social Justice and Empowerment Dr Ramdas Athawale, who delivered the keynote address at a special event organised at the UN headquarters on Monday to commemorate Dr Ambedkar's 134th birth anniversary.

What Bessemer plans to do with its $350 million India-only fund

What Bessemer plans to do with its $350 million India-only fund

Rediff.com19 Mar 2025

Bessemer Venture Partners has closed $350 million in capital for its second dedicated India fund to back founders in the region, who build enduring companies.

'IPL needs a 12-16 week window to match the likes of NFL'

'IPL needs a 12-16 week window to match the likes of NFL'

Rediff.com8 Jun 2025

The Indian Premier League needs a 12-16 week operating window to match the brand value of top sporting leagues in the world including the NFL, NBA and the English Premier League, reckons Punjab Kings co-owner Mohit Burman.

212 Million Indians Have Diabetes

212 Million Indians Have Diabetes

Rediff.com14 Nov 2024

Of these 212 million Indians, 133 million have untreated diabetes. Undiagnosed diabetes has been linked with complications such as diabetic retinopathy which can cause vision loss and blindness.

How rich did India's cricketers get after Champions Trophy win?

How rich did India's cricketers get after Champions Trophy win?

Rediff.com20 Mar 2025

The Board of Control for Cricket in India (BCCI) has announced a cash reward of Rs 58 crore for the Indian cricket team that won the ICC Champions Trophy earlier this month in Dubai.

Goyal's Comment Sparks Startup Uproar

Goyal's Comment Sparks Startup Uproar

Rediff.com5 Apr 2025

'The startup ecosystem, the government, and the owners of large pools of Indian capital need to actively support the creation of these local champions, not pull down the teams that are trying hard to get there.'

Cricket in Olympics? Nita Ambani's pitch that made it happen

Cricket in Olympics? Nita Ambani's pitch that made it happen

Rediff.com17 Feb 2025

Nita Ambani, IOC member and Reliance Foundation Chairperson, celebrated cricket's return to the Olympics at the 2028 Los Angeles Games.

'We Want World-Class Innovation, But...'

'We Want World-Class Innovation, But...'

Rediff.com23 Jun 2025

'...hesitate to support the risk-taking it requires.'

India to develop affordable AI model under Rs 100/hour: Vaishnaw

India to develop affordable AI model under Rs 100/hour: Vaishnaw

Rediff.com31 Jan 2025

He said that as compared to global models costing 2.5 to 3 US dollars per hour usage, India's AI model will cost less than less than Rs 100 per hour (1.16 US dollars per hour) after 40 percent government subsidy.

Torrent Group acquires 67% stake in Gujarat Titans

Torrent Group acquires 67% stake in Gujarat Titans

Rediff.com17 Mar 2025

Ahmedabad-based Torrent Group has completed the acquisition of a majority 67 percent stake in Indian Premier League (IPL) franchise Gujarat Titans.

Modi pat for Sitharaman: 'People's Budget, force multiplier'

Modi pat for Sitharaman: 'People's Budget, force multiplier'

Rediff.com1 Feb 2025

Prime Minister Narendra Modi has lauded the Union Budget as a "people's budget" that fulfills the dreams of every Indian and said that it is a "force-multiplier" that will boost consumption, investment and growth. He highlighted a host of measures for different sectors, including welfare initiatives for gig workers, tax relief for the middle class, and support for the manufacturing sector.

Vance wants India to buy more American energy, weapons

Vance wants India to buy more American energy, weapons

Rediff.com22 Apr 2025

US Vice President JD Vance called on India to drop non-tariff barriers, give greater access to its markets and buy more American energy products and military hardware. Vance, in a speech in Jaipur, highlighted the need for a stronger US-India partnership for a prosperous and peaceful 21st century. He emphasized the importance of working together to address global challenges and praised Prime Minister Narendra Modi, describing him as a "special person." Vance also urged India to provide greater market access to American products and buy more defense platforms and energy from the US. He suggested that India consider dropping some of the non-tariff barriers for American access to the Indian market and highlighted the benefits of closer India-US defense collaboration, advocating for New Delhi to procure more military hardware from the US. He cited the example of American fifth-generation F-35s, arguing they would give the Indian Air Force the ability to defend its airspace and protect its people like never before. Vance also welcomed the Modi government's budget announcement to amend India's civil nuclear liability laws, paving the way for US producers to export small modular reactors and build larger US-designed reactors in India. He emphasized the importance of energy security for India's AI ambitions, stating "there is no AI future without energy security and energy dominance." Vance's visit comes amid growing global concerns over the US's tariff war.

The pivotal decision facing India's steelmakers

The pivotal decision facing India's steelmakers

Rediff.com2 Apr 2025

The "weaponisation" of economic activity - through tariffs and sanctions - is now a reality, with countries leveraging these tools strategically, External Affairs Minister S Jaishankar said at the Raisina Dialogue recently.

Rolls-Royce to Double Sourcing from India in 5 Years

Rolls-Royce to Double Sourcing from India in 5 Years

Rediff.com10 Feb 2025

Aerospace major Rolls-Royce has announced its intention to double its supply chain sourcing from India over the next five years. The company plans to increase sourcing of complex parts for advanced aerospace engines, naval propulsion systems, diesel engines, and gas turbine engines to grow its presence and participation in India's defense sector. Rolls-Royce currently sources a wide range of high-precision parts and engine components from Indian partners for its civil aerospace, defense, and power systems businesses. The company highlights India's emergence as a preferred global sourcing hub and emphasizes its commitment to strengthening partnerships with both existing and potential Indian suppliers to develop capabilities for manufacturing complex engine components locally for global markets. Rolls-Royce highlights its established ecosystem of strategic partnerships, skilled talent, engineering and digital capabilities, service delivery, supply chain, and manufacturing in India, along with a history of successful technology transfer for licensed production of various engines in the defense domain. The company believes that strengthening the supply chain and enhancing ecosystem capabilities will pave the way for future co-production opportunities, supporting India's vision of becoming a self-reliant defense powerhouse. Rolls-Royce emphasizes its commitment to serving the needs of India's armed forces and its focus on participating in co-development opportunities for critical combat engine technologies.

Temba, The Warrior Of Hope in South African Cricket

Temba, The Warrior Of Hope in South African Cricket

Rediff.com15 Jun 2025

For the world, it is another victory of a cricket team, but for all those Black South Africans, who suffered during apartheid, it come as a sweet redemption.

How Will Trump's Tariff Threat Affect India?

How Will Trump's Tariff Threat Affect India?

Rediff.com19 Mar 2025

Unless something changes, Mr Trump is a huge threat right now, which is perhaps not being recognised fully, cautions Debashis Basu.

Why Zepto CEO Aadit Palicha is angry with Piyush Goyal

Why Zepto CEO Aadit Palicha is angry with Piyush Goyal

Rediff.com4 Apr 2025

Commerce Minister Piyush Goyal's scathing remarks on Indian startup ecosystem and its innovation priorities have drawn sharp reaction from the industry, with Zepto CEO Aadit Palicha putting up a strong defence citing the company's contribution to jobs, FDI and terming it a "miracle in Indian innovation".

India to be 3rd largest economy by 2028: Morgan Stanley

India to be 3rd largest economy by 2028: Morgan Stanley

Rediff.com13 Mar 2025

India will be the world's third-largest economy by 2028 as it becomes the world's most sought-after consumer market and gains share in global output, driven by macro stability influenced policy and better infrastructure, Morgan Stanley said. From a $3.5 trillion economy in 2023, the Indian economy is projected to expand to $4.7 trillion in 2026, which will make it the fourth largest in the world behind the US, China and Germany.

Has US Averted India-Pakistan War?

Has US Averted India-Pakistan War?

Rediff.com2 May 2025

The 'mediation' by the United States from behind the scene on the diplomatic track appears to be once again working, which calls on both Delhi and Islamabad to show restraint and pull back from a military confrontation, notes Ambassador M K Bhadrakumar.

Grassroots development key to 2036 Olympic dream: Sreejesh

Grassroots development key to 2036 Olympic dream: Sreejesh

Rediff.com14 Mar 2025

'We have room to improve in talent identification. At the nursery level, at grassroots, there's a lot to work on. That's where the investment needs to go in.'

Trump 2.0: Tough Navigation Lies Ahead For India

Trump 2.0: Tough Navigation Lies Ahead For India

Rediff.com12 Feb 2025

'As the global economy undergoes significant transformations in 2025, India's ability to navigate the complexities of trade wars, financial realignments, and emerging blocs will be pivotal,' explain Harsh V Pant and Soumya Bhowmik.

What Husain Painting's Record Sale Will Fund

What Husain Painting's Record Sale Will Fund

Rediff.com21 Mar 2025

Proceeds from the sale will support the training of future generations of doctors at the Oslo University Hospital. The fascinating story behind the Husain painting which set a new record for modern Indian art.

Ministry revamps TOPS review, plans coach incentives

Ministry revamps TOPS review, plans coach incentives

Rediff.com12 Feb 2025

The Mission Olympic Cell is also considering higher incentives for retired Olympians and world-class players who want to take up coaching, in an effort to retain top talent within India.

Can Meta, Google Curb Illegal Gambling?

Can Meta, Google Curb Illegal Gambling?

Rediff.com7 Mar 2025

The scale of illegal gambling and betting in India is staggering, with 1.6 billion visits recorded between October and December 2024 across four analysed platforms -- Parimatch, Stake, 1xBet, and Battery Bet.

Adani Issue Won't Affect India-US Ties

Adani Issue Won't Affect India-US Ties

Rediff.com22 Nov 2024

'What I will say is on the US and India relationship, we believe that it stands on an extremely strong foundation anchored in ties between our people and cooperation across a full range of global issues.'

Startups To Altman: Make OpenAI Affordable

Startups To Altman: Make OpenAI Affordable

Rediff.com6 Feb 2025

'There is need for India-specific pricing.' 'Google, Microsoft and others also have different pricing.' 'It is important for OpenAI to think on these lines as the global pricing may not work in the Indian context.'

Indian students among victims of racism in war-torn Ukraine: Mandela Foundation

Indian students among victims of racism in war-torn Ukraine: Mandela Foundation

Rediff.com6 Mar 2022

Some complained of being beaten up as they tried to join the fleeing crowds, purely because of their skin colour.

Apologise for 1971 atrocities: Bangladesh to Pakistan

Apologise for 1971 atrocities: Bangladesh to Pakistan

Rediff.com18 Apr 2025

Bangladesh has demanded a public apology and compensation from Pakistan for the 1971 atrocities, raising "historically unresolved issues" during the first foreign secretary-level talks between the two countries in 15 years. Dhaka also asked Islamabad to pay USD 4.3 billion as its share from the combined assets at the time of East Pakistan's split from West Pakistan in 1971 to form an independent Bangladesh.

Ahead of Modi-Trump meet, India revamps tariff structure

Ahead of Modi-Trump meet, India revamps tariff structure

Rediff.com11 Feb 2025

Anticipating US action on tariffs, India seems to have made the first move by revamping its tariff structure by reducing the slabs to eight rates, points out Mukesh Butani.

Bill Gates Under Fire for 'Lab' Remark

Bill Gates Under Fire for 'Lab' Remark

Rediff.com4 Dec 2024

Bill Gates' remark, intended to underscore India's role in global development efforts, faced swift backlash on social media, where many criticised the choice of words as inappropriate and patronising.

Gorge Soros, Hillary Clinton get Medal of Freedom from Biden

Gorge Soros, Hillary Clinton get Medal of Freedom from Biden

Rediff.com4 Jan 2025

Soros, 94, in the recent past has spoken openly against Prime Minister Narendra Modi. The ruling BJP believe that he tried to interfere in Indian elections.

Jaipur Lit Fest: Words Against War

Jaipur Lit Fest: Words Against War

Rediff.com28 Jan 2025

'Our fractured world has been embroiled in wars and hatred, and many sessions reflect these concerns.'

Infy founder's son to launch E2W at Bharat Mobility

Infy founder's son to launch E2W at Bharat Mobility

Rediff.com14 Jan 2025

Numeros Motors is also planning to come up with a passenger vehicle four-wheeler or a three-wheeler by 2027.

A Budget that balances prudence with growth: Birla

A Budget that balances prudence with growth: Birla

Rediff.com2 Feb 2025

Budget 2025-26 delivers a carefully calibrated strategy-stimulating demand and investment while keeping fiscal discipline intact. In an environment marked by global trade disruptions, and a softening in urban consumption, Finance Minister Nirmala Sitharaman has taken a measured approach.

'It's Like Being Handed A Formula 1 Race Car, But Choosing To Walk'

'It's Like Being Handed A Formula 1 Race Car, But Choosing To Walk'

Rediff.com25 Feb 2025

'The choice is clear: We either embrace this transformation and cement our global leadership, or hesitate, lose ground, and fade into irrelevance.'

'We Need More AI Researchers'

'We Need More AI Researchers'

Rediff.com16 Jul 2024

'20 per cent of the global AI researchers are of Indian origin, and we should bring them back.'

Money laundering a big threat to online gaming and digital economy: Report

Money laundering a big threat to online gaming and digital economy: Report

Rediff.com24 Oct 2024

The fast-growing Indian online gaming sector is facing a significant threat from money laundering, necessitating urgent steps to ensure its sustained success and protect the country's robust digital economy, a report said on Thursday. The essential measures outlined in a report by the Digital India Foundation include forming a dedicated task force for illegal operators, creating a whitelist of legal operators, combating misleading advertisements, and incorporating principles of financial integrity and international cooperation.

Can Modiji Fix The Economy's Problems?

Can Modiji Fix The Economy's Problems?

Rediff.com7 Jan 2025

'If weak indicators persist, there is a risk that India could slip into a prolonged slowdown similar to the one experienced between 2014 and 2019,' warns Debashis Basu.

Nita Ambani re-elected to IOC unanimously

Nita Ambani re-elected to IOC unanimously

Rediff.com24 Jul 2024

Ambani won unanimously with 100 per cent of vote at the 142nd IOC session in Paris.

Royal Enfield announces 1st assembly unit in Bangladesh

Royal Enfield announces 1st assembly unit in Bangladesh

Rediff.com23 Oct 2024

Indian motorcycle maker Royal Enfield on Tuesday announced starting a manufacturing unit and a showroom in Bangladesh, marking a major industrial development in the neighbouring country where the former prime minister Sheikh Hasina fled in August after weeks-long protests against her. The manufacturing facility in Chauddagram in Cumilla district is Royal Enfield's sixth outside India and besides the one in Tamil Nadu. Royal Enfield, the global leader in the mid-size motorcycle segment, has set up the facility in collaboration with IFAD Motors.