Sunday, November 24
Elon Musk, the billionaire behind SpaceX, Tesla, and social platform X, has become a central figure in Donald Trump's return to the White House. In his victory speech at Florida’s Palm Beach, Trump thanked Musk, calling him a “new star” and acknowledging the critical support he received throughout his campaign. “Elon is a new star; a star is born,” Trump declared, going on to praise Musk as a “super genius” and stressing the importance of protecting such visionaries: “We have to protect our geniuses.” With Trump now poised to lead the country, here are some potential pros and cons for Musk’s business empire under the 47th US president. Musk's Financial Windsfall and Risks Musk, who contributed significantly to
In a victory speech to his supporters, former President Donald Trump vowed to lead the United States into a "golden age" as he neared a historic electoral comeback. Trump had secured 267 electoral votes, just three shy of the 270 required for a win, while Democratic candidate Kamala Harris trailed with 224. Trump's path to victory was solidified when Pennsylvania's 19 crucial electoral votes were called in his favor, with Fox News being the first major network to make the announcement. Trump addressed an ecstatic crowd at the Palm Beach Convention Center in Florida, surrounded by his family and Vice President-elect JD Vance, who joined him on stage along with his wife, Usha Vance, of Indian-American descent. While Harris has yet to concede, she is expected to addres
Authored by: Umesh Kumar Agarwal Recent events unfolding at American universities have highlighted a growing trend of protests related to international conflicts, particularly the ongoing situation in Gaza. These protests have not only sparked tensions on campus but also raised concerns for international students, including those from India, who may face repercussions for their involvement in such activities. Recent events unfolding at American universities have highlighted a growing trend of protests related to international conflicts, particularly the ongoing situation in Gaza. These protests have not only sparked tensions on campus but also raised concerns for international students, including those from India, who may face repercussions for their involvement in such act
For World News Washington DC Bureau, Umesh Agarwal In an unprecedented development, a Qatari court has decided to commute the death sentences of eight former Indian Navy soldiers, whose previous verdicts had generated international outrage and worry. The Ministry of External Affairs (MEA) confirmed this development. The increasing trading link between Qatar and India, particularly in the sphere of liquefied natural gas (LNG), is at the heart of recent trends. The bilateral trade volume increased to USD 17.2 billion in fiscal year 2021-2022, with LNG accounting for more than half of India's total Qatar imports. India's reliance on Qatar for energy goods, particularly LNG, is highlighted by a stunning 54.0% share of India's natural gas imports, valued at $8.32 billion in t
Foreign Direct Investment is a type of investment made by the individual or company located in one country into the business entity located in another country. Foreign Direct Investment Inflow-FY2023 ◆ United States: Rs 8.58 lakh crore (17.2%) ◆ Mauritius: Rs 7.43 lakh crore (14.9%) ◆ United Kingdom: Rs 7.08 lakh crore (14.2%) ◆ Singapore: 6.59 lakh crore (13.2%) ◆ Netherlands: 5.00 lakh crore (10%) ◆ Japan: 3.98 lakh crore (8%) ◆ Switzerland: 2,69,835 lakh crore (5.4%) ◆ Germany: 1.64 lakh crore (3.3%) ◆ France: 1.14 lakh crore (2.3%) ◆ South Korea: 98,510 crore (2%) ◆ Other Countries: 4.78 lakh crore (9.5%) Total outward direct investment by BHARATIYA firms rose by 19.46 per cent to
Photo Courtesy : myGOV World News U.S. Bureau Washington D C 31 July 2023 The Wall Street Journal By : Walter Russell Mead The two very different democracies are only partially united by a common language. With India slated to pass Germany and Japan to become the world’s third largest economy by the end of this decade, getting India right has become a critical task for American policy makers. But a week of talks with political, religious and business leaders aligned with the ruling Bharatiya Janata Party has reminded me how difficult this relationship can be. The U.S. and India are both democracies. They are both eager to offset Chinese power in Asia without war. But the differences between the two societies are profound. It will take skill, patience
The advent of the digital age has significantly impacted our lifestyles, work, and social interactions. As a result, the competencies and skills required of leaders have also transformed. With the swift evolution of technology and growing intricacies of organizations, leaders need to have the capability to navigate new opportunities and challenges. The Institute for Management Development (IMD) highlights various key competencies and skills that leaders need to possess in the digital era. These include the capacity to steer digital transformation, cultivate innovation, and build digital capabilities within the organization. Additionally, leaders should have the ability to foster a digital culture and motivate others to adapt to changes. In the digital age, leadershi
