Author: Sakshi Sharma

Digital India triumphs at G20 as UPI and CBDC steal the spotlight, showcasing innovation, efficiency, and financial inclusion on a global stage, marking a significant stride towards a digitally empowered future on the global stage. As India takes the helm at the forthcoming G20 Summit, two digital innovations are poised to steal the spotlight: the Unified Payments Interface (UPI) and the Central Bank Digital Currency (CBDC). UPI, India’s mobile-based fast payment system, recently crossed a momentous threshold by surpassing 10 billion transactions. Simultaneously, India’s dedication to digital transformation is vividly showcased by its pioneering CBDC initiatives, making these technologies the…

President Xi Jinping’s absence at the G20 Summit and its impact on global dynamics and India-China relations. The upcoming G20 summit in New Delhi, scheduled for September 9 and 10, marks the pinnacle of a series of discussions among global leaders throughout the year. Notably, China’s President Xi Jinping has chosen not to attend this significant gathering, which is a historical departure from past G20 leaders’ summits. Instead, Premier Li Qiang will represent China.  Significance of Xi’s Non-Participation in G20 Political analysts speculate that President Xi’s absence may carry a broader geopolitical message. They suggest that it might symbolize China’s…

From the struggles of 1947’s independence to present-day prosperity, India is on a transformative path. With a bold vision to achieve developed nation status by 2047, its 100th year of independence, this article explores India’s remarkable journey towards economic growth, social development, and global prominence. In a candid interview with Press Trust of India (PTI), Prime Minister Narendra Modi laid out his visionary roadmap for India’s remarkable transformation by the time it reaches its centennial year of independence in 2047. This ambitious vision, encompassing democracy, demography, diversity, and development, serves as a comprehensive blueprint for the nation’s future. Prime Minister…

ISRO’s Aditya L-1 Mission: A historic leap into space-based solar exploration. India’s scientific advancement and technological excellence on display as they unravel the Sun’s mysteries and inspire a nation. In a historic event at the Satish Dhawan Space Centre in Sriharikota, India, the Indian Space Research Organisation (ISRO) has embarked on a groundbreaking mission known as Aditya L-1. This remarkable mission comes just ten days after ISRO achieved a soft landing near the Moon’s south pole with Chandrayaan-3. Aditya L-1 Mission Overview Aditya L-1 is ISRO’s first-ever step into space-based solar exploration. Its primary mission is to increase our understanding…

The Adani Group, under the leadership of Gautam Adani, stands as a formidable entity that has left an indelible mark on India’s economic landscape. Its extensive reach spans various sectors, including energy, infrastructure, and logistics, extending its influence far beyond the nation’s borders. However, recent times have seen the Adani Group entangled in a web of controversies, capturing both national and international attention. These controversies primarily revolve around two core issues: allegations of stock manipulation and offshore investments. The first major jolt came in January 2024 with the release of a scathing report by Hindenburg Research. This report laid bare…

“Embracing the convergence of artificial intelligence and cloud technology, Google Cloud Next 2024 marks a pivotal juncture in our journey towards innovation and progress.” – Sundar Pichai, CEO of Google Google’s annual Cloud Next event witnessed a dynamic fusion of artificial intelligence (AI) marvels and cloud computing advancements, all orchestrated to propel innovation and accessibility. CEO Sundar Pichai’s announcements unveiled the company’s resolute commitment to shaping the future of AI and its integration with cloud solutions. The conference featured keynote addresses from Google Cloud executives, as well as breakout sessions, hands-on labs, and networking opportunities. Some of the topics that…

Insights from the Amitabh Kant committee’s findings and the Knight Frank-NAREDCO projections present a holistic perspective on the industry’s present and future. This convergence of insights and forecasts paves the way for a transformative journey in real estate. In the fast growing landscape of India’s real estate sector, crucial insights from the recent Amitabh Kant committee’s findings offer a holistic understanding of the challenges and prospects that lie ahead. The committee’s meticulous examination of stalled real estate projects provides a lens through which to view the sector’s current state and its path to rejuvenation. The focus of the committee’s inquiry…

A trend in the dip of the oil consumption in India, the world’s third largest oil importer and consumer is seen during the 4-month monsoon period, since parts of the country are flooded. This monsoon is no different. According to Kpler, a commodity market analytics and intelligence firm, despite the low consumption in India, the refined products are being exported and a surge is seen with the refiners.  1.29 million bpd of clean petroleum products were exported in August, highest since May 2022 standing at 1.32 million bpd. 1.20 million bpd and 1.21 million bpd clean products were exported in…

After the contentious issue of Galwan between the two countries, Modi and Xi engage in a candid conversation on pressing issues. Narratives by both the parties are significantly different.  The BRICS Leaders’ Summit, held in Johannesburg, South Africa, in August 22-24, where Brazil, Russia, India, China and South Africa met being a part of the BRICS. There was speculation on whether Indian Prime Minister Modi and Chinese President Xi Jinping will meet or not.  The two leaders met on August 23rd, and a press release took place on August 24th, where both the countries presented a different narrative. According to…

In an unfortunate convergence of man-made encroachments and the unrestrained force of nature, Punjab finds itself grappling with the most severe flooding witnessed in decades. As the state commemorated Independence Day on August 15, another battle unfolded on the riverbanks—rescue efforts were underway to save those trapped by their own defiance of natural boundaries. The Department of Water Resources solemnly reports that the relentless advance of human encroachments has wreaked havoc along the banks of the Ghaggar river. A staggering 108 locations in Punjab bore witness to its breach, leaving behind a trail of destruction and distress. Punjab’s Rupnagar administration,…