India abstained in the UN General Assembly on February 22nd, 2023 on a resolution that underscored the need to reach “comprehensive, just and lasting peace” in Ukraine, citing the resolution’s “inherent limitations” in reaching New Delhi’s desired goal of securing lasting peace and ending the conflict which has been raging for one year now.
The 193-member General Assembly adopted the draft resolution, put forward by Ukraine and its supporters, titled Principles of the Charter of the United Nations underlying a comprehensive, just and lasting peace in Ukraine.
The resolution, which got 141 votes in favor and seven against, “underscores the need to reach, as soon as possible, a comprehensive, just and lasting peace in Ukraine in line with the principles of the Charter of the United Nations.” India was among the 32 countries that abstained.
The resolution called upon member states and international organizations to redouble support for diplomatic efforts to achieve a comprehensive, just and lasting peace in Ukraine, consistent with the Charter.
India was among the 32 nations that abstained as the 193-member General Assembly adopted the resolution put forward by Ukraine and its supporters.
Before the UNGA vote, many countries, including the US, Germany and Ukraine, reached out to India seeking its support for the resolution that calls for Russia to end hostilities in Ukraine and demands the withdrawal of its forces.
India’s explanation
In the ‘Explanation of Vote’ after the resolution was adopted, India’s Permanent Representative to the UN Ruchira Kamboj said that as the General Assembly marks a year of the Ukrainian conflict, “it is important that we ask ourselves a few pertinent questions.
“Are we anywhere near a possible solution acceptable to both sides? Can any process that does not involve either of the two sides, ever lead to a credible and meaningful solution? Has the UN system, and particularly its principal organ, the UN Security Council, based on a 1945-world construct, not been rendered ineffective to address contemporary challenges to global peace and security?” Kamboj said.
“As the Ukraine conflict continues to rage, we are often asked whose side are we on. And our answer, each time, is straight and honest. India is on the side of peace and will remain firmly there. We are on the side that respects the UN Charter and its founding principles. We are on the side that calls for dialogue and diplomacy as the only way out,” Jaishankar had said, adding that it is in the collective interest to work constructively, both within the United Nations and outside, in finding an early resolution to this conflict.
India has also consistently underlined that in the conflict, the entire global South has suffered “substantial collateral damage” and developing countries are facing the brunt of the conflict’s consequences on food, fuel and fertiliser supplies.
U.N. Secretary-General Antonio Guterres told the emergency special session of the General Assembly that resumed on February 22 that Russia’s invasion of Ukraine is “an affront to our collective conscience” and said it is “high time” to step back from the brink.
“The one-year mark of Russia’s invasion of Ukraine stands as a grim milestone — for the people of Ukraine and for the international community. That invasion is an affront to our collective conscience. It is a violation of the United Nations Charter and international law,” Mr. Guterres said adding that the invasion is having dramatic humanitarian and human rights consequences.
In a strong message, Mr. Guterres said the war is fanning regional instability and fuelling global tensions and divisions while diverting attention and resources from other crises and pressing global issues. “Meanwhile, we have heard implicit threats to use nuclear weapons. The so-called tactical use of nuclear weapons is utterly unacceptable. It is high time to step back from the brink,” he said.
Since Russia’s February 24, 2022 invasion of Ukraine, several UN resolutions have condemned the invasion and underlined the commitment to the sovereignty, independence, unity and territorial integrity of Ukraine. While most nations have condemned the Russian aggression, India has not condemned Russia’s actions, nor has it taken any known initiatives to end the war and bring peace in the region.
India, which maintains good relations with Russia, has abstained from all these resolutions on Ukraine and consistently underlined the need to respect the UN Charter, international law and the sovereignty and territorial integrity of states. New Delhi has also urged that all efforts be made for an immediate cessation of hostilities and an urgent return to the path of dialogue and diplomacy.
President Volodymyr Zelensky on Friday welcomed some elements of a Chinese proposal for a ceasefire in Russia’s war on Ukraine, but said only the country where a war is being fought should be the initiator of a peace plan.
“I believe that the fact that China started talking about Ukraine is not bad, but the question is what follows the words,” Zelensky said at a press conference on Friday, The Associated Press reported.
“I think it’s correct to think that if there are thoughts that, in one way or another, correspond with respect for international law, to territorial integrity… let’s work with China on this point,” he said during a news conference in Kyiv.
China released a 12-point plan for trying to find a resolution in the conflict as the one-year anniversary of Russia’s full-scale invasion of Ukraine arrived. The plan includes points calling for respecting all countries’ sovereignty, ending hostilities, resuming peace talks and resolving the humanitarian crisis that has been created by the war.
Picture : ABC News
Zelensky said China’s plan seems to call for protecting the territorial integrity of Ukraine, noting that while it does not mention the country specifically, Ukraine’s territory is the one that has been breached. He said China’s call for nuclear security is in line with Ukrainian and international interests.
Zelensky, who said he believed China did not offer a concrete plan but some “thoughts”, also said there were parts he disagreed with. He urged Beijing not to provide Moscow with arms, but added that it was promising that China – a Russian ally – was considering brokering peace. “Our task is to gather everyone to isolate one,” he said, speaking on the one-year anniversary of Russia’s full-scale invasion.
He said he disagrees with some proposals, but Ukraine should look to work with a plan that respects international law and territorial integrity. He also reportedly said he wants to meet with Chinese President Xi Jinping.
Volodymyr Fesenko, the leader of the independent think tank Penta Center in Kyiv, told the AP that he believes Zelensky will try to work with China to prevent Beijing from increasing its ties to Russia.
U.S. officials have warned that China has sent nonlethal aid to support Russia despite officially being neutral in the conflict and is considering sending lethal aid as well. The Pentagon has warned that China will face consequences if it sends weapons or munitions to Russia. “As long as China comes up with peacemaker initiatives, it will be forced to maintain neutrality and to abstain from supplying weapons and direct military assistance to Russia,” Fesenko said.
A new narrative needs to capture the interwoven nature of the world’s climate and economic development challenges, anchored in the evolving and diverse perspectives of developing countries themselves.
An updated portrayal begins with the stark reality of climate change’s devastating consequences already hindering economic development around the world. It underscores the need for urgent investments in adaptation, resilience, and nature to avoid development setbacks while paying heed to the world’s narrow window for climate action. It requires empathy for many developing countries’ profound energy conundrum: a tension between the need to expand access for people who need it most while facing pressures to pursue low-carbon opportunities, often in the face of local political and financing headwinds. It implies practical urgency in tackling the broken threads of the international financing system for climate and development.
To set a more robust global path to net-zero emissions by 2050, the world needs to pay greater attention to the needs of emerging markets and developing economies (EMDEs), even when holding aside the special case of China. Over the coming several decades, no part of the world will play a greater role in both experiencing and affecting global climate change outcomes than EMDEs themselves. They need greater international support to tackle growth-enhancing sustainable development strategies.
With their growing leverage, developing countries have new opportunities to lean forward with a unified “ask” in global climate and development negotiations. The broader prize and aspiration amount to a full-fledged re-conception of models for sustainable development and of international cooperation. Falling short by losing sight of the big picture or wrangling excessively over details will dim the prospects for prosperity around the world. Rising to the occasion, however, can help usher in a new era of prosperity for all.
This edited volume brings together a cross section of distinguished academics and leading policy voices from a variety of developing country geographies and contexts. First, it presents perspectives on the local climate and development challenges and opportunities in Bangladesh, Egypt, India, Indonesia, Nigeria, and South Africa. Then, broader case studies focus on issues spanning East Africa, the African continent as a whole, Latin America and the Caribbean, and the Vulnerable Twenty (V20) Group of Ministers of Finance of the Climate Vulnerable Forum. The volume concludes with a chapter focused on systemic issues in financing development and climate-driven prosperity.
Indian-American Karthik Subramaniam, a San Francisco-based software engineer, has won the 2023 National Geographic ‘Pictures of the Year’ award, beating over 5,000 entries.
Subramaniam’s photo, which is titled ‘Dance of the Eagles’, shows a trio of bald eagles battling for a spot on a branch in Alaska’s Chilkat Bald Eagle Preserve, a press release by the magazine said.
He titled the image as a homage to a fictional dragon war in George R.R. Martin’s novel, ‘A Dance with Dragons’.
“Wherever there’s salmon there’s going to be chaos,” Subramaniam told the magazine that this was his motto as he camped out near the shore of the Chilkat Bald Eagle Preserve, waiting for action.
The engineer-turned-hobbyist photographer said he stayed, watching as bald eagles swooped in and out of the fishing grounds in Haines, Alaska.
The area hosts the largest congregations of bald eagles in the world every fall, when around 3,000 arrive in time for the salmon run.
The photo was selected from nearly 5,000 entries across four categories: Nature, People, Places and Animals.
Subramaniam has been photographing landscapes and his travels for years.
He started experimenting with wildlife photography in 2020, grounded by the pandemic in his San Francisco home. The photo will be featured in the May issue of National Geographic magazine. (IANS)
Research shows that in some cases, money does lead to happiness. In fact, a 2021 University of Pennsylvania study found a correlation between happiness and income growth, even past an annual income of $80,000. This is in contrast to previous research that found happiness stagnated after an individual earned $75,000. However, not all places can offer the same level of happiness, as some cities offer more economic opportunities and a better quality of life than others.
To uncover the happiest places in America, we analyzed the 200 largest cities, 164 of which had available data. We looked at 13 different metrics across three categories: personal finance, well-being and quality of life. For details on our data sources and how we put all the information together to create our final rankings, read the Data and Methodology section below.
Key Findings
California cities dominate the top 10. While cities like Sunnyvale and Fremont offer the No. 1 and No. 3 highest earnings for individuals, these Western cities score highest in the quality of life category. Specifically, top 10 California cities had lower percentages of people living in poverty, higher marriage rates and lower violent crime rates.
Birmingham is the least happy city. This Alabama city ranks in the bottom five across metrics such as personal bankruptcy filings per capita, life expectancy and the percentage of residents living in poverty. Newark, New Jersey and Memphis, Tennessee follow as the second- and third-least happy cities.
Top 10 cities have high marriage rates. Residents who’ve said “I do” make up the majority of the population in all but one city: Arlington, Virginia, where the marriage rate is 44.0%. Frisco, Texas, which ranks No. 5 overall, has the highest marriage rate study-wide (62.6%).
Sunnyvale, CA
Well-being and quality of life is where Sunnyvale, California ranks best. The city has the highest percentage of individuals earning $100,000 or more (62.5%), the third-lowest percentage of adults living below the poverty-level (roughly 5%) and the fifth-highest marriage rate (56.8%). Violent crime in the area is also low (No. 9) with roughly 149 violent crimes per 100,000 residents.
Arlington, VA
While Arlington, Virginia ranks in the top seven across all three categories measured (personal finances, well-being and quality of life), the city ranks highest in the former. Specifically, roughly 48% of Arlington’s residents earn $100,000 or more (No. 5). Additionally, living costs make up less than 35% of the median household income (No. 6). The county in which Arlington is located also has the lowest amount of personal bankruptcy filings.
Bellevue, WA
Bellevue, Washington scores highest in the quality of life category but also does well for resident personal finances. Specifically, roughly 61% of Bellevue’s residents earn $100,000 or more (No. 2) and less than 8% of the population lives below the poverty line (No. 8). Additionally, cost of living as a percent of income is the lowest across the study (28.69%).
Fremont, CA
Fremont, California ranks No. 3 for both its high percentage of individuals earning $100,000 or more (55.4%) and its low living costs relative to income (32.17%). The city also ranks No. 2 for both the percentage of adults who live below the poverty-level (4.9%) and its marriage rate (61.6%).
Frisco, TX
Frisco, Texas takes both the No. 1 spots for the marriage rate (62.6%) and the percentage of residents living below the poverty-level (2.5%). Additionally, the city ranks No. 2 for its typical living costs compared to the median household income (29.55%) and its violent crime rate (roughly 86 crimes per 100,000 residents).
Plano, TX
Plano, Texas ranks the top 20 across six metrics, most notably: the city has the fourth-highest marriage rate (56.9%) and the 10th-lowest violent crime rate (roughly 155 for every 100,000 residents). Just over a third of the Plano population earns $100,000 or more and typical cost of living expenses make up 40.43% of the median household income in the city.
Roseville, CA
Living costs in Roseville, California are the fifth-lowest across the study making up about a third of the median household income annually. Just over 38% of the city’s population earn $100,000 or more (13th-highest) and less than 6% live below the poverty-level (fourth-lowest). The county in which Roseville is located also has the 15th-lowest number of personal bankruptcy filings study-wide.
San Jose, CA
Roughly 43% of San Jose, California residents earn $100,000 or more (10th-highest) and less than 7.4% live in poverty (eighth-lowest). Additionally, Santa Clara County – where San Jose is located – takes the No. 2 spot for both the percentage of residents reporting poor mental health days (10%) and life expectancy (84.7 years).
Santa Clarita, CA
Santa Clarita, California ranks best in the quality of life category, taking the No. 8 spot. Specifically, less than 7% of the city’s population live in poverty (sixth-lowest) and roughly 53% of residents are married (10th-highest). The area is also pretty safe, with the seventh-lowest violent crime rate study-wide (roughly 131 crimes per 100,000 residents).
Irvine, CA
Irvine, California ranks in the top 10 for both the percentage of individuals earning $100,000 or more (nearly 46%) and living costs as a percent of income (roughly 38%). Irvine also has the No. 1 lowest violent crime rate study-wide (51 crimes for every 100,000 residents). Additionally, the county in which Irvine is located is also No. 10 for both the percentage of residents reporting poor mental health days (11.3) and life expectancy (82.8 years).
The global exchange of information and best practices in health would be best achieved in cooperation with doctors around the world, India’s Minister of Health said at the 13th annual conference of the Global Association of Physicians of Indian Origin (GAPIO) which took place Feb. 11-12, 2023, in Gandhinagar, Gujarat.
More than 500 doctors from 57 countries, including doctors of Indian origin practicing in the United States, the UK, and Australia among others, attended.
India’s Health Minister Mansukh Mandavia speaking at the Feb. 11-12, 2023, conference of the Global Association of Physicians of Indian Origin in Gandhinagar. Photo GAPIO
Picture : TheUNN
“The healthcare sector in India and across the world is going through transformative changes, especially after the onset of the COVID-19 pandemic,” Dr Mansukh Mandaviya, India’s Minister of Health & Family Welfare and Chemicals & Fertilizers, Government of India, said at the opening session. “Indian doctors practicing anywhere in the world have created a name for themselves. In order to further strengthen the healthcare system of the country, exchange of knowledge and information amongst doctors about global best practices is key.”
Chief Minister of Gujarat Bhupendra Patel, speaking at the Feb. 11-12, 2023, conference of GAPIO, held in Gandhinagar, Gujarat. Photo: GAPIO
Chief Minister of Gujarat Bhupendra Patel said, “While India has successfully come out of the shadows of the COVID-19 pandemic, there are greater challenges ahead in the healthcare sector due to the growing burden of non-communicable diseases such as cancer, heart diseases, and diabetes. The way forward is to provide innovative solutions which are also cost-effective and can be availed by all sections of society. Doctors have a significant role in coming up with these solutions and serving mankind.”
Founder President of GAPIO and Chairman Apollo Hospitals Group Dr. Prathap C. Reddy, said “The spirit of the physicians of Indian origin to excel in India and overseas is what we are striving to recognize. Their laudable efforts and path breaking work across the globe has made every Indian proud. The awardees’ exemplary work is an inspiration for others to emulate.”
Dr Anupam Sibal, outgoing president of GAPIO and Group Medical Director, Apollo Hospitals Group, and Senior Consultant Pediatric Gastroenterologist and Hepatologist, said, “GAPIO provides a platform to doctors of Indian origin practicing anywhere in the world to share their knowledge and exchange ideas on clinical skill development, solutions to contemporary health issues, and modernizing the approach to delivering healthcare.”
Dr Nandakumar Jairam, incoming president of GAPIO said, “Research and innovation can improve the delivery of quality healthcare in India to the last mile. As the country braces to overcome its myriad health challenges, this conference will help identify methodologies most suitable to skill and scale the healthcare workforce in the country.”
Dr. Sudhir Parikh, vice president of GAPIO speaking at the two-day conference of the organization Feb. 11-12, 2023, in Gandhinagar, Gujarat. Photo GAPIO
Dr Sudhir Parikh, vice president of GAPIO and Chairman and Publisher of Parikh World Wide Media and ITV Gold 24×7 TV Channel in United States commented, “With our presence among 57 countries, GAPIO is committed to its vision of Improving Health Worldwide. GAPIO serves to establish collaborations, bringing 1.4 million physicians of Indian origin under one umbrella platform. In the coming year, our activities will be enhanced to build a stronger well connected physician community.”
Dr. Rohini Sridhar, secretary general of GAPIO, speaking at the Feb. 11-12 conference in Gandhinagar, Gujarat. Photo: GAPIO
Dr Ramesh Mehta, past president of BAPIO (British Association of Physicians of Indian Origin) and Past President GAPIO, said, “The conference has gone beyond discussing hard-core medical specialities. Other important issues discussed such as tragedy of avoidable childhood blindness: What GAPIO can do? The evolution of Genomics: Reaching beyond the unseen, Climate change and its impact on human health, Navigating Change and Preparing for the Future – The Nursing perspective, Reversal of NCD’s, LEADS for healthcare in India, Leadership mantras, Women in Medicines make this conference really unique.”
Dr Sanku Rao, Past President, GAPIO expressed his happiness about the academic component of this conference. With around 500+ delegates, many doctors attending virtually and having more than 150 faculty members from all over the world including USA, UK, Australia and India, the conference is truly labelled as “Global” he noted.
Over two days, physicians discussed public health and the latest innovations in cardiac sciences, neurosciences, nephrology, oncology, kidney and liver transplants, gastroenterology, nutrition, and nursing among others.
A dedicated session on the use of robotics and artificial intelligence was also held. It focused on colorectal surgery, pushing the envelope by complex myomectomy with robotics, robotic upper CI surgery benefits, robotic arthroplasty, AI in cardiac disorders, artificial intelligence simplified, the role of robotics in thoracic surgery, and established and evolving indication of proton therapy in the Indian context.
During the conference, winners of the Annual GAPIO Awards to Indian physicians for noteworthy contributions to the field of medicine were also announced.
Award winners in the distinguished category:
GAPIO Lifetime Achievement Award: Prof. Dhavendra Kumar, Spire Cardiff Hospital, UK
Prathap C Reddy Philanthropy Award: Dr Rayapu Ramesh Babu, Blood Donors Organization for Social Service, Tirupati
IA Modi Award: Prof. Ajay Kumar Duseja, PGIMER, Chandigarh
GAPIO Surgical Excellence Award: Prof. Devendra Kumar Gupta, AIIMS, New Delhi
GAPIO Excellence in Diagnostic Award: Prof. Anita Borges, SL Raheja Hospital, Mumbai
GAPIO Excellence in Radiology/ Radiation Therapy Award: Prof. Akshay Kumar Saxena, PGIMER, Chandigarh
Award winners in the Young Category:
Dr IA Modi Award: Dr Sanjith Saseedharan, SL Raheja Hospital, Mumbai
GAPIO Surgical Excellence Award: Dr. Saurabh Jain, MGMMC, Indore
GAPIO Excellence in Diagnostic Award: Dr. Tushar Sehgal, AIIMS, New Delhi
GAPIO Excellence in Radiology/ Radiation Therapy Award: Dr. Chandrashekhara S H, AIIMS, New Delhi
Established in 2011, GAPIO aims to bring 1.4 million physicians of Indian origin across the world under one professional platform. Members belong to various medical specialties and super specialties, and several are recipients of distinguished awards.
More than 500 participants from 22 community dance academies spread across four states enthralled a crowd of 1000-plus people in their drive to win at the Federation of Indian Associations’ flagship Dance Pe Chance competition.
Groups performing at the February 18, 2023 Dance Pe Chance event.. Photo: FIA
The event was held Sunday, February 18, 2023, at the Patriots War Memorial Theater in Trenton, New Jersey.
Picture : TheUNN
Held for the 39th year, Dance Pe Chance has given members of the Indian American community a platform to display their talent, discipline, technique, and costumes at the much anticipated event, organizers said in a press release.
India’s Consul General in New York Randhir Jaiswal addressing the gathering along with FIA committee members, organizers and sponsors at the Dance Pe Chance event Feb. 18, 2023, in New Jersey. Photo: FIA
Ages 6 through 60+ years took to the state-of-the-art stage, enabling professional-grade production, and including LED spot lighting, sound, as well as a 50 feet LED backdrop.
The FIA Dance Pe Chance event of Feb. 18, 2023, in New Jersey attracted about 1,000 people. Photo: FIA
In the 22 performances, participants displayed a variety of cultures and traditions, including languages, in the performances consisting of a fusion of classical, folk, and contemporary dance compilations.
Dance Pe Chance 2023, FIA’s flagship event held Feb. 18, was anchored by Miss India PA – Charmy Shah, left, and Veteran RJ, and popular anchor and host Mamta Narula. Photo: FIA
Divided into four categories comprising minors, juniors, seniors, and adults, the teams competed within their age groups. The event was anchored by Miss India PA – Charmy Shah, as well as popular anchor and host Mamta Narula.
FIA’s Dance Pe Chance 2023 judge Guru Smt. Swathi Atluri, Renowned Kuchipudi dancer, choreographer addressing the gathering Feb. 18, 2023, in New Jersey. Photo: FIA
This year’s judging panel comprised Bollywood choreographer Rohan Virdi, Kuchipudi exponent and guru Swati Alluri, as well as local choreographer Mitali Das.
Consul General of India in New York Randhir Jaswal was the Chief Guest. Also in attendance were Jaipur Foot Chairman Prem Bhandari, former Congressman of New Jersey Michael J. Pappas, Padma Awardee and FIA Advisor Dr. H. R. Shah, and community leader Peter Kothari among other distinguished guests.
India’s Consul General Randhir Jaiswal addressing the gathering along with FIA committee members, organizers and sponsors at the Dance Pe Chance event Feb. 18, 2023, in New Jersey. Photo: FIA
Consul General Jaiswal expressed his joy at being a part of the event and praised the performances and performers for their hard work to excel at Dance Pe Chance. He wished that the event would continue to grow with each passing year for the coming decades and provide a platform, noting that more than 19,000 children have participated in the past 39 years.
Aum Dance Creations holds the title of 3rd Winner in the Senior category at the FIA Dance Pe Chance competition held Feb. 18, 2023, in New Jersey. Photo: FIA
Pappas also thanked FIA for the experience of impressive talent, and praised FIA for organizing a youth-oriented event on such a large scale and at a venue known to hold historical events, the press release said.
Prem Bhandari expressed his happiness and joy in witnessing the participation of diverse communities and thanked FIA for providing the kids with such an ‘incredible’ platform.
FIA members with Nirmiti School of Dance with Happy Feet at Dance Pe Chance 2023, held Feb. 18, 2023, in New Jersey. Photo: FIA
President of FIA Kenny Desai praised all the judges, sponsors, and members of the FIA executive team and the Dance Pe Chance team for their ‘arduous’ efforts in putting together this gigantic event.
FIA Chairman Ankur Vaidya thanked the sponsors, the FIA Executive team, and the Dance Pe Chance team led by FIA Vice Presidents Saurin Parikh, Nishi Dhami, and Priti Patel. He described the joy of seeing over 500 children show sportsmanship, for which he thanked the parents, the choreographers, and all the participants.
FIA Vice President & Dance Pe Chance Chair Saurin Parikh congratulated all sponsors, media partners, and the Indian Consul General in New York for their continued support.
Also in attendance were Past President & Board of Trustee Srujal Parikh, FIA Vice President Dr. Avinash Gupta, FIA Gen. Secretary Nishi Dhami, FIA Treasurer Priti Patel, FIA Jt. Treasurer Mahesh Dubal, FIA Joint Secretary Haresh Shan FIA Past President Alok Kumar, and other notable community members
One of the groups performing at the February 18, 2023 Dance Pe Chance event organized by FIA in New Jersey. Photo: FIA
Mementos, trophies, and prizes totaling $20,000.00 were awarded during the event. The sponsors included River Comics, Parikh Worldwide Media, TV Asia, Bansal Foundation, Arista Care, Mehta Foundation, and Media Partners ITV Gold, TV Asia, South Asian Times, Radio Zindagi, and Indian Panorama, and The Indian Eye.
“FIA’s vision thru such grass root initiatives is to connect the next generation of Americans of Indian origin with our culture and the native motherland,” the organization said.
Indo-Canadian Afshan Khan has been appointed Coordinator of the Scaling Up Nutrition (SUN) Movement — a country-driven initiative led by 65 nations and four Indian states to end all forms of malnutrition by 2030.
In her new role, Khan will lead the SUN Movement Secretariat, as well as coordinate the network of SUN Government Focal Points, the Movement’s stakeholders, and supporters, a UN statement said on Tuesday.
She will work to ensure the execution of the SUN strategy at the global level by building partnerships, and galvanising engagement and commitment to end malnutrition in all its forms.
She will succeed Gerda Verburg of the Netherlands to whom UN Secretary-General Antonio Guterres expressed his gratitude for her efforts and dedication in leading the SUN Movement.
Khan started her work for Unicef in Mozambique in 1989 and is currently serving as Regional Director for Eastern Europe and Central Asia.
During this period, she has been Director of Emergency Programmes, Director of Public-Sector Alliances and Resource Mobilisation, Associate Regional Director for Eastern and Southern Africa, and the Unicef Representative in Jamaica, the UN statement said.
She has field experience including assignments in Kenya, Mozambique, Democratic Republic of Congo, and Colombia.
She has broad UN-wide expertise stemming from assignments with the Inter-Agency Standing Committee for Humanitarian Affairs (IASC) in Geneva, the Executive Office of the Secretary-General, and the UN Development Group.
Khan also has extensive knowledge of international civil society organisations, having served as the CEO of Women for Women International.
Khan was born in India and has both Canadian and British citizenships. She holds a Master’s degree in Public Policy from the Johns Hopkins School for Advanced International Studies, and a Bachelor’s degree in Political Science from McGill University. The SUN Movement was launched in 2010. (IANS)
INDIA New England News, one of the largest online and video magazines serving the Indian American community in the United States, today released the list of 10 Outstanding Women of 2023, who will be honored at the 20th Annual Woman of the Year Awards gala on April 14, 2023 at Burlington Marriott Hotel in Burlington, MA.
“Woman of the Year awards gala is always a grand affair, but this year is a very special one as we celebrate the landmark 20th anniversary of the Woman of the Year,” said Upendra Mishra, founder and producer of the Woman of the Year Awards and publisher of INDIA News England News, and its sister publications IndUS Business Journal, Life Sciences Times, and the Boston Real Estate Times. “We’re excited to welcome this year’s winners and all the guests in-person, and honor New England’s brightest stars on April 14.”
Picture : TheUNN
In addition to honoring 10 Outstanding Women of this year in various categories, Indian classical dance icon Neena Gulati, founder of the Brookline, MA-based Triveni School of Dance who has taught and performed dances during the last 51 years in the United States, will be bestowed with 2023 Lifetime Achievement Award.
“It is truly an honor for me to direct and host the 20th anniversary of the Woman of the Year awards gala,” said WOY Director and Hostess Dr. Manju Sheth, MD. “Winning the Woman of the Year Award myself in 2011 and then directing this for the 10 years have been a huge privilege for me. It has given me an opportunity to work with a great team and superb artists and also meet very talented awardees . Looking forward to welcome everyone and celebrating 20 years of this fantastic Awards that empower women.”
The event is attended by about 400 business and community leaders, philanthropists, and professionals.
Here is a list of this year’s 10 Outstanding Women:
Sumeit Aggarwal, Co-Founder and Managing Director, Finhive LLC
Sumeit is on a mission to empower women to take control of their financial futures. After a successful career working with global companies, Sumeit bid adieu to her corporate career and founded Finhive in 2017. Her company is a social enterprise dedicated to working with women-owned startups in financial planning, strategy, and management of financial risks. She also teaches personal finance to young adults and women. She is deeply passionate about embedding personal values into finance, and frequently presents on related topics including sustainable investing, financial health, and narrowing the gender wealth gap. To give back to her alma maters, Sumeit mentors students at Babson College and Northeastern University. She is now an active angel investor in women owned companies providing them capital at early stages of their startups.
Prior to starting Finhive, Sumeit was a senior executive at leading software and healthcare companies working on consulting, corporate and sales strategy, and business analysis, including Oracle Corporation and Hologic Inc. She is a board member of the Lexington Chamber of Commerce, and advisory board member of American India Foundation New England Chapter where she co-chaired the 2022 gala that raised over $1 million in funds for underprivileged communities in India. Sumeit earned her MBA from Babson College. She holds a Master’s degree in Information Systems from Northeastern University and a Bachelor’s degree in Accounting from Delhi University.
Meena Bharath
Meena Bharath, Chair, Massachusetts Asian American and Pacific Islanders Commission
Meena was named among Boston’s most influential Asian American Pacific Islanders of 2023. She was appointed to the Massachusetts Asian American and Pacific Islanders Commission by Massachusetts Senate President Karen Spilka. Education and impact of sound education in the lives of young people and society is of deep interest to her. She has served on local, regional and state level educational bodies. She is a strong advocate for personalized education plans for all learners, celebrating strengths, building supports, and varied paths to learning.
Meena has served in many volunteer capacities including as Chair, DESE’s Gifted & Talented Education Advisory Council; Chair, Hopkinton Public School Committee; Member, Education Committee, Christa McAuliffe Charter School; Member, The Education Cooperative (TEC). Through all these roles, she has had an opportunity to learn, collaborate with many wonderful people, and influenced hearts, minds and policies for better outcomes. She takes great pride in her contribution in the formation of AAPI Commission’s first Youth Council, which elevates youth voices and promotes civic engagement. Meena currently works in the financial industry as a Program Manager.
Dr. Ami Bhatt, MD, FACC, Chief Innovation Offic, American College of Cardiology
Ami is the chief innovation officer (CIO) at the American College of Cardiology and an Associate Professor at Harvard Medical School, and she has championed heart health awareness within the South Asian community. A graduate from Harvard College and the Yale School of Medicine, Ami completed her medicine and pediatrics residency and cardiovascular fellowships at Harvard, Brigham and Women’s Hospital, and the Children’s Hospital of Boston. She was the inaugural Richard Liberthson Endowed Scholar in Adult Congenital Heart Disease (ACHD) at the Massachusetts General Hospital and Director of their ACHD program. She also served as the director of Outpatient and Telecardiology at the Massachusetts General Hospital Corrigan-Minehan Heart Center. She now leads the MGH Elevate Leadership Program aimed at transforming leaders for tomorrow’s healthcare challenges.
She is also the President of the Greater Boston American Heart Association through which she founded and led the “From the Heart: Conversations in South Asian Heart Health,” a global webinar series for culturally relevant patient education. She was the chair for Go Red for Women in 2020 to bring a spotlight to women’s heart health. Dr. Bhatt has 20 years of experience as a clinician, investigator, and educator with a strong focus on telemedicine and digital health. She founded her first program in cardiovascular virtual care in 2013 and continues to work on creating culturally relevant, personalized virtual cardiovascular care delivery models. She was recently named to Boston Magazine’s Top Doctors list for 2023, HealthTech Magazine’s 30 Healthcare Influencers to follow in 2022 and she also serves on the Forbes Technology Council.
Manorama Choudhury, Poetess, Artist
Manorama Choudhury is a poetess and avid artist. Originally from Berhampur, she has delved into her creative intellectual pursuits through the art of poetry (in Odia/Hindi/English), songwriting, painting, fashion designing, and other visual art mediums.
Manorama had recited poetry on many platforms including Sapne (South Asian Poets of New England), Nabagunjara, Odia literature in North America, Ame Odia Ame Odisha. She often writes non-fiction articles for various E-magazines. She spends a lot of her time on philanthropy work with charities that focus on education and health and wellness programs in rural India.
Parul Doshi, Chief Data Officer, Cellarity
Parul is a well-respected corporate leader. She was named Chief Data Officer for Cellarity after joining just twelve months ago and applies her vast pharma expertise in data, software engineering, and IT. Cellarity is a therapeutics company that develops medicines by studying and altering the cellular signatures of disease. Previously, Parul was Head of Digital and Technology at Takeda, a Top 10 Pharma. She led programs supporting various, highly visible, product launches such as Dengue vaccine, Moderna vaccine distribution in Japan, production of Novavax Covid 19 vaccine in Japan, NINLARO a multiple myeloma drug, and ALUNBRIG for ALK+ Metastatic Non-Small Cell Lung Cancer (NSCLC). Parul also led IT Integration during the $5B ARIAD’s acquisition. She led DEI employee resource groups for parents and caregivers at Takeda. Takeda awarded Parul the Takeda Global Award in 2009 and the CIO Award in 2016 and 2017 for her collaborative leadership.
In addition to her corporate leadership, Parul is involved in various community initiatives. She taught computer literacy at the Waltham Library. She volunteers for the Indian Family Network (IFNet) summer camps for Indian-American kids. She continuously coaches and mentors other colleagues to advance their careers. Parul has a BS in Chemistry, Economics, and Applied Statistics, and an MBA in Finance and IT.
Veena Handa, Vice Chair, Vision-Aid
Since retiring, Veena has been volunteering her time and efforts to many causes she is passionate about and that are close to her heart. Her exemplary volunteer work spans across a broad set of social causes including as Vice Chair of Vision-Aid, Member of AIF’s Circle of Hope, Shine Counselor and a Money Manager volunteer for Minuteman Senior Services to advice seniors with their Medicare and Money Management needs.
As a volunteer at Lexington Community Center, she works on multiple projects and has delivered Budget Planning and Retirement Planning talks for Youth and Seniors. Her response to the Covid pandemic was to engage with “Sew We Care” Team which provided over 20,000 masks and scrub caps to Hospitals, Health Centers and Senior Centers and Veena personally made over 1,000 masks and scrub caps as part of this team. However, her efforts at Vision-Aid to educate and empower over 20,000 Visually Impaired with terminal conditions each year, acquire skills needed to lead an independent life are why she is most worthy of this nomination.
Sunita Kanchinadam, Global Head of Securities Lending, Financing & Collateral Transformation Technology, State Street Bank& Chair: TiECON East 2023
In addition to serving as Global Head of Securities Lending, Financing & Collateral Transformation Technology at Boston-based State Street Bank, Sunita is chair of TiECON 2023, the largest entrepreneurial conference in New England. The theme of this year’s conference is “The Rise of the Intentional Entrepreneur”, focused on the persona of the modern entrepreneur. The objective of the conference is to not only bring rich content and networking opportunities, but also to expand attendees’ networks, tapping into the rich talent emerging from New England academia.
At State Street Bank, Sunita manages the technology organization supporting Global Markets business. She worked in Goldman Sachs prior to it and has had overall 25+ years experience inclusive of financial domain experience in Barclays, Lehman Brothers and in the telecom sectors at Alcatel-Lucent. Sunita holds a Master of Science in Computer Science from Northeastern University as well as a Bachelor of Engineering in Computer Science.
Jharna Madan, Director, Hindi Manch, Senior Project Manager/ Designer, Officeworks Inc.
Jharna is a well-known community leader who champions and fervently supports a number of social concerns in New England. She works tirelessly to assist the community, going above and beyond with her commitment and hard work. She is praised for coming up with original, inventive ideas that give all of her undertakings style and grace. Jharna is Director and a member of the Steering Committee of the Hindi Manch, one of the largest Hindi organizations in the US. In addition, she is a local freelance reporter of TV Asia and has been co-emcee for the Woman of the Year gala for many years. Professionally, she is Senior Project Manager/ Designer at Officeworks Inc.
During the past ten years, under Jharna’s devoted leadership, Hindi Manch has impacted over 10,000 established non-resident Indian families, hosted over 80 cultural events with over 2,500 performers, worked to educate the next generation, and given over 500 kids a platform. Jharna played a significant role in making the inaugural USA National Hindi Conference, which brought together over 1,500 families from around the US, possible in Boston in 2018. During the pandemic, under her leadership, the first nearly global Hindi festivals were conducted, uniting over 217,000 people from 18 different nations and offering much-needed emotional support. Jharna has worked with and promoted groups such as Ekal Vidyalaya, Care For Janitors, Sew We Care, TV Asia, and India New England in addition to Hindi Manch.
Sahana is a member of the Board of Directors of Discovery Museum and Commissioner of Action Housing Authority. She believes that local politics is much more important than national politics. And she lives and breathes that in her daily life. Sahana is an active member of the Acton community, having served in leadership and volunteer positions for many town committees and projects. She most recently served as a member of the Acton Finance Committee. Sahana also served on the Acton 2020 Comprehensive Community Planning Committee and on the Town Manager Search Committee in 2018. She has been a key player in several successful, major outreach projects, securing $17M dollars from the state for the Kelley’s Corner Infrastructure Project and $11M from the town for the North Acton Fire Station project.
Sahana was on the Steering Committee for The League of Women Voters in Acton for 12 years and served as both the League Co-Chair and Education Committee Chair. She has also successfully organized the League’s famous Civics Bee for nine years, a community building activity involving both students and community leaders. In 2020, Sahana was awarded the Commonwealth Heroine Award by the Massachusetts Commission on the Status of Women.
Gitanjali Swamy, Public Policy, Serial Entrepreneur-Investor, Innovator, Thinker, Managing Partner, IoTask
Gitanjali Swamy (Gita) is Senior Legislative & Policy Advisor to the office of Senator Mark at the Massachusetts State Senate. She was previously Senior Legislative and Policy Advisor with the office of Senator Hinds, where she also served as Chief Legal Advisor. Dr. Swamy supports Legislative Policy or Regulation and her special areas of interest are economic development and investment policy
Dr. Swamy (Ph. D) is also a Managing Partner at IoTask, an innovation consulting firm and she has founded, built, served as board director in innovation enterprises, led the investment sourcing, structuring, and transaction of seed to over a billion USD deals, in her investment or professional roles at IoTask, The Carlyle Group and Booz Allen & Hamilton. She is a representative to the EQUALS Global Partnership (a Joint Venture of the ITU, GSMA, UNU, UN Women), Board and Steering Committee member of the MIT Consortium Initiative for DI in Land, Water, Air, in collaboration with The World Bank, Research Fellow & Director at the Private Capital Research Institute, Harvard Business School. She has co-founded 5 successfully acquired startups and the helped found of MIT’s OpenCourseware, the Auto-ID Consortium and the MIT Engine investment vehicle. Dr. Swamy has collaborated on ESG projects with MIT Corporation, United Nations agencies, Fabindia Overseas Pvt Ltd, and several Government P3 ESG efforts. She has also served as faculty at Harvard and Columbia University, where she taught classes in finance and policy. She currently serves on the Board of DFCU, a top 20 credit union bank in Massachusetts that has consistently been voted Best Credit Union” by Banker & Tradesman, and the PAN-IIT Global USA Board.
Dr. Swamy received her B. Tech in Electrical Engineering from the IIT Kanpur, where she was awarded several Academic Proficiency Prizes, her Ph.D. in EECS from the University of
California at Berkeley, where she was an NSF Fellow & President of WICSE, and her MBA from Harvard Business School, where she served as CFO of HBS-SA, and her Juris Doctor (JD) from St. Francis Law, and she a member of the California Bar. Dr. Swamy has over 25 publications and patents in the fields of data, algorithms, technology, and policy. She was recently voted in Ten Most Influential Women in Technology.
Indian-American Neal Mohan will be the new YouTube CEO, as current head Susan Wojcicki has announced to step down after 25 years at the Google-owned company.
Currently chief product officer, Mohan became part of Google, the parent company of YouTube, in 2008. He is a Stanford graduate and earlier worked with Microsoft.
Mohan and Wojcicki have worked together for nearly 15 years. He became YouTube’s chief product officer in 2015.
“Today, after nearly 25 years here, I’ve decided to step back from my role as the head of YouTube and start a new chapter focused on my family, health, and personal projects I’m passionate about,” Wojcicki said in a blog post late on Thursday.
She has agreed with Sundar Pichai to take on an advisory role across Google and Alphabet.
“This will allow me to call on my different experiences over the years to offer counsel and guidance across Google and the portfolio of Alphabet companies,” she added.
Wojcicki managed marketing, co-created Google Image Search, led Google’s first Video and Book search, as well as early parts of AdSense’s creation, worked on the YouTube and DoubleClick acquisitions, served as SVP of Ads, and for the last nine years, was the CEO of YouTube.
“I took on each challenge that came my way because it had a mission that benefited so many people’s lives around the world: finding information, telling stories and supporting creators, artists, and small businesses,” she noted.
“Mohan will be the SVP and new head of YouTube. I’ve spent nearly 15 years of my career working with Mohan, first when he came over to Google with the DoubleClick acquisition in 2007 and as his role grew to become SVP of Display and Video Ads,” said Wojcicki.
He has set up a top-notch product and UX team, played pivotal roles in the launch of some of the biggest products, including YouTube TV, YouTube Music and Premium and Shorts, and has led the Trust and Safety team. Mohan ensured that “YouTube lives up to its responsibility as a global platform”.
“With all we’re doing across Shorts, streaming, and subscriptions, together with the promises of AI, YouTube’s most exciting opportunities are ahead, and Mohan is the right person to lead us,” said Wojcicki. (IANS)
Indian American filmmaker M. Night Shyamalan has inked a new multi-year, first-look deal with Warner Bros. Pictures, with the Oscar-nominated filmmaker switching his allegiance from Universal.
The announcement was made on Thursday by Warner Bros. Pictures Group co-chairs and CEOs Michael De Luca and Pam Abdy.
News of the pact comes as the director celebrates his latest release ‘Knock at the Cabin’, which marks his seventh No. 1 opening at the box office – he has a No. 1 film in each of the last four decades – and further contributes to his more than $3 billion haul at the global box office, beginning with his breakout hit, ‘The Sixth Sense’, reports Variety.
“Where I write and direct is my home,” Shyamalan said in a statement announcing the new deal. Disney and Universal, where I’ve made most of my films, will always be home and family to me. Warner Bros. has a storied history of cinema. Through its recent experiences, the company has rediscovered its love and appreciation for filmmakers, and the impact of the theatrical experience.”
“We all win when movies succeed in theatres. I believe David Zaslav, Michael De Luca, and Pam Abdy have dedicated themselves to unique filmmakers, and to filling theatres all around the world for years to come.”
Under the new agreement, Shyamalan and his Philly-based production company Blinding Edge Pictures, run by president of production Ashwin Rajan, will develop original projects for the filmmaker to produce and/or direct for WBPG production divisions Warner Bros. Pictures and New Line Cinema.
Among those projects is Shyamalan’s much-anticipated next directorial effort, ‘Trap’, which is dated for a theatrical release on August 2, 2024.
Also, in the works is ‘The Watchers’, the forthcoming directorial debut of his daughter Ishana Night Shyamalan, which will commence production this year and is slated for a June 7, 2024 release.
“Night is one of the most iconic and influential directors of his generation and an auteur in every sense of the word,” stated De Luca and Abdy.
“From ‘The Sixth Sense’ through ‘Split’ to his latest chiller ‘Knock at the Cabin,’ he’s one of the few directors in contemporary cinema whose name alone promises a bold, singular vision, compelling original storytelling and a provocative, surprising and entirely unique experience at the theatre.”
“We couldn’t be more thrilled to welcome him to the Warner Bros. family, and look forward to an exciting collaboration with Night and the entire Blinding Edge team.”
A lifelong film lover, Shyamalan began directing his own projects while a student at NYU, kicking off his career with 1992’s ‘Praying with Anger’ and 1998’s ‘Wide Awake’. In 1999, the writer, director and producer’s third film, “The Sixth Sense,” made him a mega-star, earning nearly $700 million worldwide and netting six Oscar nominations, including directing and original screenplay nods.
His body of work that followed includes blockbusters like ‘Signs’, ‘The Village’, ‘The Visit’ and the comic-book trilogy ‘Unbreakable’, ‘Split’ and ‘Glass’.
On the TV side, Shyamalan has directed five episodes of Apple+ TV’s thriller series ‘Servant’, for which he also serves as showrunner and executive producer. (IANS)
Even after nearly a month in theatres, Shah Rukh Khan’s Pathaan is witnessing extraordinary box office success. The film has crossed the coveted Rs 1000 crore mark worldwide and is also slowly inching towards becoming the top Hindi-language film domestically. Pathaan has been unaffected by new releases this week, Kartik Aaryan’s Shehzada and Marvel’s Ant-Man and the Wasp: Quantumania.
Trade analyst Taran Adarsh reported, “Pathaan will breach ₹ 500 cr mark today [fourth Tue; Day 28]…⭐️ FIRST #Hindi film to achieve this target.
⭐️ Also, FASTEST to hit ₹ 500 cr [#Hindi, Nett BOC]. [Week 4] Fri 2.20 cr, Sat 3.25 cr, Sun 4.15 cr, Mon 1.20 cr. Total: ₹ 498.95 cr. #Hindi. #India biz.” He also said the film has earned Rs 516.92 cr across all languages. “Pathaan #Tamil + #Telugu [Week 4] Fri 5 lacs, Sat 7 lacs, Sun 10 lacs, Mon 5 lacs. Total: ₹ 17.97 cr. ⭐️ NOTE: #Pathaan #Hindi + #Tamil + #Telugu *combined* biz: ₹ 516.92 cr. #India biz. Nett BOC.”
It is still some way to go before crossing the Hindi version of Baahubali: The Conclusion, which made Rs 510.99 crore. In its fourth weekend, the film added over Rs 10 crore to its total collection in the Hindi market. On Friday, it earned Rs 2.20 crore, Rs 3.25 crore came on Saturday, which was followed by a strong Sunday of Rs 4.15 crore. On Monday, Yash Raj Films shared the worldwide collections of Pathaan till Sunday. A tweet by YRF read, “#Pathaan streak continues to soar ?” as it shared that the film has earned Rs 996 cr worldwide. With Monday’s collection adding up, the film has zoomed past the Rs 1000 cr mark. As per Box Office Worldwide, the film’s domestic gross collection is Rs 623 crore and overseas gross collection is Rs 377 crore, which brings its worldwide gross collection to Rs 1000 crore. Shah Rukh Khan was eagerly waiting for Pathaan to touch the Rs 1000 cr mark. On Monday, he conducted an Ask SRK session during which he told a Twitter user about his lucky number. When the user asked him if Shah Rukh has any lucky number, the actor replied, “Right now any number above 1000 ha ha ha #Pathaan.”
With the massive success of Pathaan, it remains to be seen if other Bollywood superstars can regain lost glory. Recently, Kartik Aaryan who saved Bollywood from being written off in 2022 with his film Bhool Bhulaiyaa 2, has failed miserably with his latest film Shehzada. Now, Akshay Kumar, who starred in four flops last year, is returning this Friday with his film Selfiee.
With 226,450 students, India has become the top source of new international students entering Canada in 2022, according to data released by the Immigration, Refugees and Citizenship Canada (IRCC).
The North American nation set an immigration record by welcoming 551,405 international students from 184 countries in 2022.
India was closely followed by China and the Philippines with 52,165 and 23,380 students, respectively. In 2021, a total of 444,260 new study permits took effect, an increase from the 400,600 in 2019.
Picture : TheUNN
In 2019, there were 637,860 international students in Canada — a number which decreased in 2020 due to the Covid-19 pandemic, and rebounded in 2021 to a total 617,315.
India was also among the top 10 source countries of international students already living and studying in Canada as of December 31, 2022, with 319,130 students.
According to IRCC, most new study permits are now being processed within the 60-day service standard in Canada.
The country, which processed an all-time high of 4.8 million visa applications in 2022, remains a top destination for Indian students due to the standard of education, lower costs, obtaining work, and immigration opportunities post-graduation.
Foreign students contribute more than $15.3 billion annually to the economy, according to the Canadian government.
Each year tens of thousands of graduates who chose to immigrate permanently to the country become a source of young, educated workers.
According to Statistics Canada, international students who get permanent residence tend to integrate quickly into the Canadian labour market due to their previous experience of living in the country on visas. (IANS)
More than 60 percent of young men are single, nearly twice the rate of unattached young women, signaling a larger breakdown in the social, romantic and sexual life of the American male.
Men in their 20s are more likely than women in their 20s to be romantically uninvolved, sexually dormant, friendless and lonely. They stand at the vanguard of an epidemic of declining marriage, sexuality and relationships that afflicts all of young America.
“We’re in a crisis of connection,” said Niobe Way, a psychology professor and founder of the Project for the Advancement of Our Common Humanity at New York University. “Disconnection from ourselves and disconnection from each other. And it’s getting worse.”
In the worst-case scenario, the young American man’s social disconnect can have tragic consequences. Young men commit suicide at four times the rate of young women. Younger men are largely responsible for rising rates of mass shootings, a trend some researchers link to their growing social isolation.
Societal changes that began in the Eisenhower years have eroded the patriarchy that once ruled the American home, classroom and workplace. Women now collect nearly 60 percent of bachelor’s degrees. Men still earn more, but among the youngest adults, the income gap has narrowed to $43 a week.
Scholars say the new era of gender parity has reshaped relationship dynamics, empowering young women and, in many cases, removing young men from the equation.
“Women don’t need to be in long-term relationships. They don’t need to be married. They’d rather go to brunch with friends than have a horrible date,” said Greg Matos, a couple and family psychologist in Los Angeles, who recently penned a viral article titled “What’s Behind the Rise of Lonely, Single Men.”
Recent years have seen a historic rise in “unpartnered” Americans, particularly among the young. The pandemic made things worse.
As of 2022, Pew Research Center found, 30 percent of U.S. adults are neither married, living with a partner nor engaged in a committed relationship. Nearly half of all young adults are single: 34 percent of women, and a whopping 63 percent of men.
Not surprisingly, the decline in relationships marches astride with a decline in sex. The share of sexually active Americans stands at a 30-year low. Around 30 percent of young men reported in 2019 that they had no sex in the past year, compared to about 20 percent of young women.
Only half of single men are actively seeking relationships or even casual dates, according to Pew. That figure is declining.
“You have to think that the pandemic had an impact on some of those numbers,” said Fred Rabinowitz, a psychologist and professor at the University of Redlands who studies masculinity.
Young men “are watching a lot of social media, they’re watching a lot of porn, and I think they’re getting a lot of their needs met without having to go out. And I think that’s starting to be a habit.”
Even seasoned researchers struggle to fully account for the relationship gap between young women and men: If single young men outnumber single young women nearly two to one, then who are all the young women dating?
Some of them are dating each other. One-fifth of Generation Z identifies as queer, and research suggests bisexual women make up a large share of the young-adult queer community.
Young women are also dating and marrying slightly older men, carrying on a tradition that stretches back more than a century. The average age at first marriage is around 30 for men, 28 for women, according to census figures.
Heterosexual women are getting more choosy. Women “don’t want to marry down,” to form a long-term relationship to a man with less education and earnings than herself, said Ronald Levant, professor emeritus of psychology at the University of Akron and author of several books on masculinity.
In previous generations, young women entered adulthood in a society that expected them to find a financially stable man who would support them through decades of marriage and motherhood. Over the 1950s and 1960s, that pattern gradually broke down, and today it is all but gone.
Women are tiring of their stereotypical role as full-time therapist for emotionally distant men. They want a partner who is emotionally open and empathetic, the opposite of the age-old masculine ideal.
“Today in America, women expect more from men,” Levant said, “and unfortunately, so many men don’t have more to give.”
The same emotional deficits that hurt men in the dating pool also hamper them in forming meaningful friendships. Fifteen percent of men report having no close friendships, a fivefold increase from 1990, according to research by the Survey Center on American Life.
“Men are less naturally relational than women,” said Richard Reeves, a senior fellow at the Brookings Institution whose new book, “Of Boys and Men,” has drawn wide praise.
Reeves points to a recent Saturday Night Live sketch that reimagined the neighborhood dog park as a “man park,” poking fun at “this reliance of men on women to do the emotional lifting for them.”
Social circles have been shrinking for men and women, especially since the pandemic, but men struggle more. Thirty years ago, 55 percent of men reported having six or more close friends. By 2021, that share had slipped to 27 percent.
“Women form friendships with each other that are emotionally intimate, whereas men do not,” Levant said. Young women “may not be dating, but they have girlfriends they spend time with and gain emotional support from.”
Aaron Karo and Matt Ritter, both in their early 40s, study the male “friendship recession” in their “Man of the Year” podcast. It arose out of an annual tradition of gathering at a steakhouse with several male friends, all close since elementary school.
“Guys are taught to prioritize career,” Karo said. “Also romantic relationships, although it doesn’t seem like they’re doing a very good job at that. Making friends and keeping friends seems to be a lower priority. And once guys get older, they suddenly realize they have no friends.”
The podcasters and their friends created the annual gathering as a way to keep their friendship alive. It spawned a year-round group chat and a “Man of the Year” trophy, awarded to the most deserving friend at the annual dinner. “We treat friendship as a luxury, especially men,” Ritter said. “It’s a necessity.”
The rout in stocks of Adani group companies continued on Wednesday, as shares of all its firms fell tracking domestic equities. Adani Enterprises crashed 10.43 per cent, to close at Rs 1,404.85 on the BSE. ACC, meanwhile, tumbled 3.97 per cent, to Rs 1,755.20 on the Mumbai-based exchange.
Ambuja Cement fell 4.92 per cent, while Adani Power, Adani Transmission, and Adani Total Gas, were locked in 5 per cent lower circuit.
Investors continued to exit Adani firms as domestic markets fell sharply today. BSE Sensex crashed 928 points, or 1.53 per cent to 59,744.98. Nifty50 tumbled 272.40 points, to Science17,554.30.
The combined equity market value of Adani group’s 10 companies has slipped below $100 billion as firms have lost around Rs 11 lakh crore since the release of a report by US-based short seller Hindenburg Research on January 25. The report stated that the ports-to-power conglomerate was involved in “brazen stock manipulation and accounting fraud scheme.”
(AP) — Astronomers have discovered what appear to be massive galaxies dating back to within 600 million years of the Big Bang, suggesting the early universe may have had a stellar fast-track that produced these “monsters.”
While the new James Webb Space Telescope has spotted even older galaxies, dating to within a mere 300 million years of the beginning of the universe, it’s the size and maturity of these six apparent mega-galaxies that stun scientists. They reported their findings Wednesday.
Lead researcher Ivo Labbe of Australia’s Swinburne University of Technology and his team expected to find little baby galaxies this close to the dawn of the universe — not these whoppers.
“While most galaxies in this era are still small and only gradually growing larger over time,” he said in an email, “there are a few monsters that fast-track to maturity. Why this is the case or how this would work is unknown.”
Each of the six objects looks to weigh billions of times more than our sun. In one of them, the total weight of all its stars may be as much as 100 billion times greater than our sun, according to the scientists, who published their findings in the journal Nature.
Yet these galaxies are believed to be extremely compact, squeezing in as many stars as our own Milky Way, but in a relatively tiny slice of space, according to Labbe.
Labbe said he and his team didn’t think the results were real at first — that there couldn’t be galaxies as mature as the Milky Way so early in time — and they still need to be confirmed. The objects appeared so big and bright that some members of the team thought they had made a mistake.
“We were mind-blown, kind of incredulous,” Labbe said. The Pennsylvania State University’s Joel Leja, who took part in the study, calls them “universe breakers.”
“The revelation that massive galaxy formation began extremely early in the history of the universe upends what many of us had thought was settled science,” Leja said in a statement. “It turns out we found something so unexpected it actually creates problems for science. It calls the whole picture of early galaxy formation into question.”
These galaxy observations were among the first data set that came from the $10 billion Webb telescope, launched just over a year ago. NASA and the European Space Agency’s Webb is considered the successor to the Hubble Space Telescope, coming up on the 33rd anniversary of its launch.
Unlike Hubble, the bigger and more powerful Webb can peer through clouds of dust with its infrared vision and discover galaxies previously unseen. Scientists hope to eventually observe the first stars and galaxies formed following the creation of the universe 13.8 billion years ago.
The researchers still are awaiting official confirmation through sensitive spectroscopy, careful to call these candidate massive galaxies for now. Leja said it’s possible that a few of the objects might not be galaxies, but obscured supermassive black holes.
While some may prove to be smaller, “odds are good at least some of them will turn out to be” galactic giants, Labbe said. “The next year will tell us.”
One early lesson from Webb is “to let go of your expectations and be ready to be surprised,” he said.
The US said that it had issued 36 per cent more visas to Indians so far this year than in pre-Covid-19 pandemic times because of “number one priority” being accorded to cutting of wait-time that has included unprecedented steps such as remote processing of applications from India, sometimes all the way in Washington D.C.
The longest wait-time, typically for first-time visitors, is down from over 1,000 days to about 580, as a result of such measures that also include interview waiver for repeat visitors, additional staffing at consular operations in Indian missions and “Super Saturdays” when mission staff just process visas all day.
From summer stateside renewal of visas will be allowed in some categories on a pilot basis. “It is the number one priority that we’re facing right now,” said Julie Stufft, the senior official of the State Department’s consular operations, told reporters while referring to the extraordinary delays in the processing of US visas in India.
“We are absolutely committed to getting us out of the situation where people — anyone in India — seeking a visa appointment or a visa would have to wait a lengthy time at all. That’s certainly not our ideal.”
As a result of these efforts so far this year, Stufft said further” “We’ve issued 36 per cent more visas than we did before the pandemic in India. Just to say that again, 36 per cent more visas processed now than during the before the pandemic in normal times and that is a huge percentage increase and I think it will actually go up as the year goes on. It’s only February.”
Long waiting times for US visa processing post-pandemic, specially for first-time visitors, have become a key issue in the bilateral relationship and it was raised by External Affairs Minister S. Jaishankar at the last 2+2 meeting between the two countries’ Foreign and Defence Ministers in Washington D.C. last September.
Secretary of State Antony Blinken had assured him then that the US had a plan to address the issue. Frustration over these visa delays had led many in India to ask if they were symptoms or manifestation of deeper problems in the bilateral relationship. And there was a perception that the delay was intentional.
“We are keenly aware of the public perception this has generated and created in India and in part, what we’re doing today is to try and address that misperception that somehow the US is no longer welcoming of Indian students or Indian businessman or Indian visitors writ large and this really is a systemic problem,” said Nancy Jackson, a senior official of the state department’s South and Central Asia bureau, in response to question.
The delays were caused by the closure of consular operation for more than a year due to the Covid-19 pandemic.
All US operations were impacted around the world. But the situation in India was the worst of all because of the sheer volume of visa applications that the US receives from Indians for all categories — from B1/B2 tourist visas to H-1B and L work visas to others.
Delays in most of these categories have been addressed to a large extent the officials said because of interview waiver for repeat visitors.
Their applications are processed remotely at US missions around the world. “So right now today we have dozens and dozens of officers around the world and here in Washington right down the street doing Indian thesis on behalf of our mission in India,” Stufft said.
This frees up the consular staff in India to focus on first-time visitor interviews.
Indians are also being encouraged to apply for visas at US missions in other countries, the officials said, who acknowledged this was far from an ideal situation. More than 100 US missions around the world have processed Indian applications. (IANS)
Tributes poured in for the former doubles World No.1 Sania Mirza, one of India’s most celebrated athletes, after she retired from professional tennis at the age of 36, playing her last match in Dubai on Tuesday.
Mirza and her American women’s doubles partner Madison Keys lost their Dubai Tennis Championships 2023 first-round match 4-6, 0-6 to Veronika Kudermetova and Liudmila Samsonova.
Picture : TheUNN
From Mirza’s mixed doubles partner Mahesh Bhupathi, with whom Sania won her first-ever Grand Slam in 2009 (Australian Open), to former India pacer Jhulan Goswami shared their reactions on social media to the Indian tennis icon’s retirement.
Taking to Twitter, Bhupathi took a walk down the memory lane, sharing a picture from their Grand Slam win and said: “Welcome to retirement @MirzaSania you outdid yourself time and time again both on and off the court. Proud of you !!”
Goswami wished Mirza a happy retirement, calling her a role model and inspiration, “End of an era! Today #IndianTennis bids its goodbye to the icon who became a role model and inspiration for millions. Happy retirement @MirzaSania”
“Sania Mirza – An island of hope in a sea of mediocrity … A story of hard work, grit, determination & dedication finally comes to an end. From an emerging Tennis star to one of India’s national sports icons, thank you for all the memories & love…” All India tennis Association tweeted.
Women’s Tennis Association said: “Six-time major champion, Former doubles World No.1 Congrats on a fantastic career”
Former India cricketer Rudra Pratap Singh wrote: “You are one of the finest athletes of this generation and have set a great benchmark so high with your extraordinary performances. Happiest retirement to you!”
Mirza, a six-time Grand Slam winner, has won 44 WTA titles in her career. Her last doubles triumph came at the Ostrava Open2021 in the Czech Republic, where she partnered with China’s Zhang Shuai.
India tennis star wrapped up her legendary Grand slam career as Australian Open mixed doubles runner-up last month. (IANS)
Five models showed off how to drape a One Minute Saree® (OMS) LIVE on the runway of India Beach Fashion Week on Goa’s private Divar Island last week. Founder and Fashion Entrepreneur Sasha Revankar’s direct-to-consumer online saree collection (www.oneminutesaree.com) was the ONLY Indian American brand to be selected for Asia’s largest and most prominent showcase for young designers. “We are so proud to have unveiled our one-minute-drape concept to an engaged and energetic audience live on the runway, and this is the first time models have draped sarees while ON the runway,” said Revankar. The collection of 14 sarees included the traditional Nivi saree, Gujarati saree, Kanjivaram saree, sequin saree, cotton saree, and silk saree, just to name a few. Watch video HERE.
Picture : TheUNN
Rooted in tradition but crafted for the modern woman, One Minute Saree® is the fashion revolution the next generation of Indophiles has been awaiting. The desire to embody celeb-like grace in stunning sarees at weddings without the fear of tripping over a long pallu or sporting uneven pleats is an all-too-real fear for any millennial. One Minute Saree® ends the saree enthusiast’s draping woes with custom-stitched, pre-draped sarees that perfectly fit each time and leave wearers feeling as immaculate as they look, all under one minute!
The founders of India Beach Fashion Week had never seen a more practical way to wear a saree, and for this reason, they decided to include the line in their destination-wedding-themed fashion show. “One Minute Saree® is exactly the kind of avant-garde game-changer that will excite fashionistas and claim its rightful space in the millennial market,” said co-founder Neha Asthana Ojha. “The brand brought a bold, new, and fun take on the traditional saree with an eclectic collection of pre-draped sarees for the next generation of saree lovers.”
Revankar also spoke about the future of Indian fashion on the global runway in a speaker series at the two-day event and highlighted her reasons for creating the brand: “The modern woman doesn’t have the time or energy to drape a saree properly, and we wanted to maintain the integrity and beauty of India’s most important garment, both in the West and the East. We hope to inspire many women, Indian and others, to don this beautiful garment the next time they attend a function that celebrates the simplicity and elegance of a woman who wants to show off her silhouette.” For more information about the brand or to order your first One Minute Saree®, please visit www.oneminutesaree.com.
Neurologists share tips for maintaining brain health throughout your lifespan
Newswise — Dementia affects millions of Americans — including nearly one in 10 adults over age 65. While the causes of different dementias vary, a 2020 report from a Lancet commission identified several modifiable risk factors that together account for around 40% of dementia worldwide.
This means that many dementia cases might be prevented or delayed by living a healthy lifestyle, said Judith Heidebrink, M.D., a neurologist at University of Michigan Health and co-leader of the Michigan Alzheimer’s Disease Research Center’s Clinical Core.
With the Lancet findings as an anchor, Heidebrink is joined by fellow neurologist and center director Henry Paulson, M.D., to share how you can reduce your risk for dementia and maintain a healthy brain throughout your life.
Keep an eye on your blood pressure
Heidebrink: Aim for a systolic blood pressure of 130 mm Hg or lower in midlife (from around age 40). Research has shown that better control of blood pressure during midlife not only reduces the risk of cognitive impairment and dementia but also of heart attack and stroke.
Protect your hearing
Paulson: Be sure to wear ear protection when you’re around excessive noise exposure to reduce your risk of hearing loss. Also, use hearing aids when needed. A recent study found that older adults who get a hearing aid for newly diagnosed hearing loss have a lower risk of dementia in the following three years.
Support efforts to reduce air pollution
Heidebrink: There is growing evidence linking air pollution, such as the gases and small particles emitted by cars and factories, to cognitive decline and dementia. Encouragingly, sustained improvements in air quality appear to reduce the risk of dementia.
Prevent head injury
Paulson: Physical damage to the brain, including traumatic brain injury, can disrupt normal brain function. Be sure to wear proper protective equipment when playing contact sports or riding a bike, wear a seat belt in cars and see a physician right away if you have concerns about a concussion or TBI.
Limit alcohol use and avoid smoking
Heidebrink: It has long been known that alcohol misuse is associated with damage to the brain and an increased risk of dementia. Limiting alcohol consumption to 1 drink per day appears safest. Smoking tobacco also increases the risk of dementia. Stopping smoking, even later in life, can help reduce the risk.
Stay cognitively engaged
Paulson: People with more years of formal education are at lower risk of dementia than those with fewer years of formal education. This is because keeping your brain cognitively engaged, helps maintain your brain health. Staying cognitively engaged can mean taking a class at a local college or online, or challenging your mind with puzzles, games or a new hobby. Socializing with others also engages your brain, so keeping up with friends and family is helpful.
Follow a heart healthy diet and maintain regular exercise throughout life
Paulson: A good rule of thumb is, “If it’s good for your heart, it’s also good for your brain.” Eating a well-rounded diet full of fruits, vegetables, and healthy fats (such as the Mediterranean diet) can help maintain a healthy weight and mitigate the risk of obesity, high blood pressure, high cholesterol and diabetes, which are known to contribute to dementia in later life.
Maintaining a regular exercise routine — 150 minutes of moderate to intense physical activity throughout your week — helps to maintain good cardiovascular health to ward off dementia.
People often forget how important simple aerobic exercise is for the brain. A brisk walk, or a stint on a stationary bike, three times a week helps your brain work better. And it’s good for your body, too.
Maintain healthy sleep patterns
Heidebrink: Sleep benefits the mind in many ways. It gives the brain a chance to lock in memories and enhances the ability to learn new skills. Current research suggests that sleep disturbances like sleep apnea may be linked to a greater risk of developing dementia. Getting enough quality sleep could help reduce your risk.
Stay socially engaged
Paulson: Studies suggest that remaining socially active throughout life may support brain health and possibly reduce the risk of dementia. Schedule regular social outings to stay socially connected with friends and family, or choose a social activity that is meaningful to you, such as volunteering or participating in community groups.
Take care of your mental health
Heidebrink: Some studies have linked a history of depression to dementia in later life. Maintaining social activities and hobbies can help ward off depression, and physical activity can help reduce stress. If you experience signs of depression, anxiety, or another mental health concern, be sure to discuss these with your health care provider.
It’s important to note that many dementia risk factors disproportionately affect minority ethnic groups.
“In addition to taking steps as individuals to decrease our own dementia risk, we should take steps as a society to ensure that everyone has equitable access to an environment and resources that promote brain health,” Heidebrink said.
For more information about dementia, including Alzheimer’s disease, Lewy body dementia, vascular dementia, frontotemporal dementia and more, visit the Michigan Alzheimer’s Disease Center website.
Many research studies are also available to contribute to our understanding of dementia, including studies that further investigate dementia in at-risk populations. If you are interested in joining a research study, please contact the Michigan Alzheimer’s Disease Center at 734-936-8332 for a full list of recruiting studies.
President Joe Biden has nominated a former boss of Mastercard with decades of experience on Wall Street to lead the World Bank and oversee a shake-up at the development organization to shift its focus to the climate crisis.
Ajay Banga, an American citizen born in India, comes a week after David Malpass, a Donald Trump appointee, quit the role. The World Bank’s governing body is expected to make a decision in May, but the US is the Washington-based organisation’s largest shareholder and has traditionally been allowed to nominate without challenge its preferred candidate for the post.
Malpass, who is due to step down on 30 June, was nominated by Trump in February 2019 and took up the post officially that April. He is known to have lost the confidence of Biden’s head of the US Treasury, Janet Yellen, who with other shareholders wanted to expand the bank’s development remit to include the climate crisis and other global challenges.
Ajay Banga, former president and CEO of Mastercard and current vice chairman of the private equity firm General Atlantic, is Biden’s nomination as the next president of the World Bank.
Biden, in a statement Thursday, called Banga – a native of India and former chairman of the International Chamber of commerce – “uniquely equipped” to lead the World Bank, a global development institution that provides grants and loans to low-income countries to reduce poverty and spur development.
Biden touted Banga’s work leading global companies that brought investment to developing economies and his record of enlisting the public and private sectors to “tackle the most urgent challenges of our time, including climate change.”
The Biden administration is looking to recalibrate the focus of the World Bank to align with global efforts to reduce climate change.
Malpass, nominated by former President Donald Trump, still had a year remaining on his five-year term as president. Malpass came under fire when he said, “I’m not a scientist,” when asked at a New York Times event in September whether he accepts the overwhelming scientific evidence that the burning of fossil fuels has caused global temperatures to rise. Former Vice President Al Gore, who called Malpass a “climate denier,” was among several well-known climate activists to call for his resignation.
Banga was the top executive at Mastercard from 2010 to 2020. He has served as a co-chair of Vice President Kamala Harris’ Partnership for Central America, which has sought to bring private investment to the region.
Treasury Secretary Janet Yellen applauded Biden’s pick. She said Banga understands the World Bank’s goals to eliminate poverty and expand prosperity are “deeply intertwined with challenges like meeting ambitious goals for climate adaptation and emissions reduction, preparing for and preventing future pandemics, and mitigating the root causes and consequences of conflict and fragility.”
Banga still needs confirmation by the bank’s board to become president. It’s unclear whether there will be additional nominees from other nations.
War has been a catastrophe for Ukraine and a crisis for the globe. The world is a more unstable and fearful place since Russia invaded its neighbor on Feb. 24, 2022. One year on, thousands of Ukrainian civilians are dead, and countless buildings have been destroyed. Tens of thousands of troops have been killed or seriously wounded on each side. Beyond Ukraine’s borders, the invasion shattered European security, redrew nations’ relations with one another and frayed a tightly woven global economy.
On Feb. 24, 2022, Russia invaded Ukraine—and until that date, the United States had done little to thwart it. This Friday marks one year since Russia launched its invasion of Ukraine. The war has killed thousands, displaced millions, and disrupted global food and energy markets—with no end in sight. To better understand how this conflict continues to shape geopolitics, and how geopolitics shapes it, Foreign Affairs is publishing an ongoing series of essays about what the war has taught us so far.
The war in Ukraine has touched almost every corner of the world — delivering death and suffering to Ukraine, an energy crisis in Europe, grain shortages in the Middle East and Africa, and compounding inflation across the globe.
“One year later, Kyiv stands. And Ukraine stands. Democracy stands,” the American president said as he stood next to Ukrainian leader Volodomyr Zelensky during his surprise visit to the Ukrainian capital, where life has returned more or less to normal since the initial Russian onslaught.
Inside Russia, all aspects of society and the economy have been warped or reoriented in a sprawling effort to support Vladimir Putin’s war effort. And while the vast number of casualties have been sustained by Russia and Ukraine, countries from Australia to Zambia have seen their own fighters killed in the war.
While the toll of the war is often described in sweeping statistics — 8 million refugees, 1,000 Russians killed in a day or $500 million in aid — over the past 12 months many groups and individuals have come to symbolize resistance to the war and resilience amid the carnage.
Millions of Ukrainians fled from their homeland in the early days of the war, with mostly women and children leaving their husbands, sons, fathers and brothers to fight the invading forces.
Leading scholars consider why some democracies have not joined the coalition against Russia, why Russian President Vladimir Putin persists despite his disastrous war, what can be learned about contemporary conflict from the battlefields in Ukraine, and more. Start reading below.
NATO was created to prevent a major war in Europe, a task it accomplished well for many decades. Apart from the brief Kosovo war in 1999, its members never had to fight together or coordinate a joint response to aggression—until a year ago, when Russia invaded Ukraine. NATO’s response thus offers fresh, real-world evidence about how contemporary alliances work in practice. Despite a series of blunders, miscalculations, and battlefield reversals that would have surely seen him thrown out of office in most normal countries, President Vladimir Putin is still at the pinnacle of power in Russia.
He continues to define the contours of his country’s war against Ukraine. He is micromanaging the invasion even as generals beneath him appear to be in charge of the battlefield. (This deputizing is done to protect him from blowback if something goes badly wrong in the war.) Putin and those immediately around him directly work to mobilize Russians on the home front and manipulate public views of the invasion abroad. He has in some ways succeeded in this information warfare.
The war has revealed the full extent of Putin’s personalized political system. After what is now 23 years at the helm of the Russian state, there are no obvious checks on his power. Institutions beyond the Kremlin count for little. “I would never have imagined that I would miss the Politburo,” said Rene Nyberg, the former Finnish ambassador to Moscow. “There is no political organization in Russia that has the power to hold the president and commander in chief accountable.” Diplomats, policymakers, and analysts are stuck in a doom loop—an endless back-and-forth argument among themselves—to figure out what Putin wants and how the West can shape his behavior.
Russian President Vladimir Putin announced on Tuesday that his country would suspend its participation in the New START agreement with the United States, throwing into question the future of the last remaining arms control accord between the world’s two largest nuclear powers. The treaty, which came into force in 2011, places limits on the number of intercontinental nuclear weapons that each country can have and was extended for an additional five years in 2021. Arms control had long been regarded as the last redoubt of constructive collaboration between Washington and Moscow.
Putin showed no signs of backing down as he used his annual state-of-the-nation address to rail against the United States and accuse Ukraine and the West of provoking the war days before the first anniversary of the Russian invasion. “They want to inflict a ‘strategic defeat’ on us and try to get to our nuclear facilities at the same time,” Putin said during his nearly 100-minute speech, which was met with applause from Russian lawmakers and senior officials. “In this context, I have to declare today that Russia is suspending its participation in the Treaty on Strategic Offensive Arms.”
President Vladimir Putin on Tuesday delivered a nuclear warning to the West over Ukraine, suspending a bilateral nuclear arms control treaty, announcing new strategic systems had been put on combat duty and warning that Moscow could resume nuclear tests.
Speaking nearly a year to the day since ordering an invasion that has triggered the biggest confrontation with the West since the depths of the Cold War, Putin said Russia would achieve its war aims and accused the West of trying to destroy Russia.
Cautioning the United States that it was stoking the war into a global conflict, Putin said that Russia was suspending participation in the New START Treaty, the last major arms control treaty between Moscow and Washington.
Responding to Putin’s announcement, NATO Secretary-General Jens Stoltenberg said, “With today’s decision on New START, the whole arms control architecture has been dismantled.”
Experts said it’s too soon to interpret Putin’s remarks as heralding a new nuclear arms race, but with the treaty set to expire in 2026, the Russian leader’s announcement will further complicate diplomatic efforts to extend or negotiate a new treaty between the United States and Russia, which together hold about 90 percent of the world’s nuclear weapons.
The biggest blow to democracy on a global scale was not the war itself but the fact that—despite all “never again” claims—European and Western countries in general agreed and accepted beforehand that another European nation might be deprived of its sovereignty, freedom, and independent institutions, and it might find itself militarily occupied. (If this isn’t how they felt, then they wouldn’t have evacuated their embassies in Kyiv.) President Biden vowed on Tuesday that the United States would “not tire” in its support of Ukraine, describing the American commitment to NATO and Ukraine as a battle for freedom against autocracy in a speech delivered just hours after President Vladimir V. Putin presented a radically different account of the war.
In his national address, Mr. Putin showed no sign that he would change course, instead signaling that Russians should prepare for a long war ahead. He accused the West of a “totalitarian” project to control the world under the guise of spreading liberal values, and declared Russia was suspending the one remaining nuclear arms treaty with the United States.
“They intend to transform a local conflict into a phase of global confrontation. This is exactly how we understand it all and we will react accordingly, because in this case we are talking about the existence of our country.” Defeating Russia, he said, was impossible.
A multi-millionaire Indian-American bio-tech entrepreneur who has flirted with politics for only a few years formally threw his hat into the 2024 US Presidential election on Tuesday, boldly announcing that he is seeking the Republican presidential nomination.
Vivek Ramaswamy is only 37, but he sent political pundits scrambling to view his resume after declaring his long-rumored candidacy on Fox News’ highest-rated news show hosted by Tucker Carlson. In a separate oped in Wall Street Journal, whose offering of a platform showed how seriously he is being taken, Ramaswamy declared that he is “launching not only a political campaign but a cultural movement to create a new American Dream—one that is not only about money but about the unapologetic pursuit of excellence.”
“To put America first, we need to rediscover what America is. That’s why I am running for president,” Ramaswamy wrote in a Wall Street Journal editorial. “I am launching not only a political campaign but a cultural movement to create a new American Dream—one that is not only about money but about the unapologetic pursuit of excellence.”
Ramaswamy is a biotech and health care entrepreneur who has written two books, “Nation of Victims: Identity Politics, the Death of Merit, and the Path Back to Excellence” and “Woke, Inc.: Inside Corporate America’s Social Justice Scam.”
Born in Cincinnati, Ohio, Ramaswamy is a first-generation Indian-American whose parents immigrated from Palakkad, Kerala, and embraced the American dream. His father, Ganapathy Ramaswamy, an engineer, worked for General Electric, and his mother, Geetha, was a geriatric psychiatrist in Cincinnati. His brother, Shankar Ramaswamy, is also a bio-technologist and Co-Founder and CEO of Kriya Therapeutics, a bio-tech firm and his wife, Apoorva Tewari, is an Assistant Professor and surgeon at the Ohio State University’s Wexner Medical Center.
Vivek Ramaswamy himself has had a spectacular academic career, graduating in biology from Harvard College and earning a law degree from Yale in 2013, during which time he was also a partner at a financial firm managing its bio-tech portfolio. His personal fortune, said to be in the region of $ 500 million, is said to be built largely around Roivant Sciences, a pharmaceutical company that he founded in 2014. In 2021, he stepped down as CEO of Roivant to begin a political journ ..
“We embrace secular religions like climatism, Covidism and gender ideology to satisfy our need for meaning, yet we can’t answer what it means to be an American,” Ramaswamy wrote in the Journal.
“The Republican Party’s top priority should be to fill this void with an inspiring national identity that dilutes the woke agenda to irrelevance,” he continued.
The editorial also called for securing the border, eliminating affirmative action and repealing civil service protection for federal employees.
He filed a statement of candidacy with the Federal Election Commission earlier Tuesday and is scheduled to speak at a Polk County GOP event in Iowa on Thursday.
In the year since Russia’s full-scale invasion of Ukraine, Western democracies have condemned Moscow, slapped wide-ranging sanctions on it, cut back on Russian oil and gas and sent unprecedented amounts of arms and ammunition to help Ukraine defend itself.
But the world’s biggest democracy — India — hasn’t done any of that.
India has solidified ties with Moscow. Prime Minister Narendra Modi met with Vladimir Putin in September and called their countries’ friendship “unbreakable.” He did tell the Russian president it’s “not a time for war.” But a year on, Modi still refuses to assign blame for the violence, and has voiced more concern over the spike in global food and fuel prices triggered by the war.
Meanwhile, as Europe eschews Russian oil and gas, India has doubled down on buying Russian oil at bargain prices — much to Washington’s chagrin. And India continues to place orders for Russian-made weapons.
All this is a reminder that, a year into this war, condemnation of Russia is far from unanimous. Much of the global south actually sees the West’s focus on Ukraine as a distraction from other, more pressing issues like food security, inflation and mounting debt.
Analysts and political scientists cite four main factors shaping India’s policy toward Ukraine and Russia: History, energy, arms and influence.
Factor #1: The India-Russia relationship goes way back
“It started out as strategic sympathy for the Soviet Union, in the backdrop of India getting independence from the British. So it’s an anti-colonial experience, anti-imperialism,” says Rajeswari (Raji) Pillai Rajagopalan, a political scientist at the Observer Research Foundation in New Delhi. “And as the Cold War picked up, it became a more anti-West, anti-U.S. sentiment they shared.”
The end of the Cold War didn’t change that. Neither has the Ukraine war. India’s nationalist TV news channels often accuse the United States — rather than Russia — of doing more to ruin Ukraine.
In November, Modi’s top diplomat, S. Jaishankar, traveled to Moscow, where he stood alongside his Russian counterpart Sergei Lavrov and called their countries’ relationship “steady and time-tested.”
Modi has called for a cease-fire in Ukraine, without condemning Russia’s attacks. Some of his political opponents say that doesn’t go far enough, and point toward India’s actions rather than its words.
“The actions that India is engaged in so far do not reflect any remorse or even mild criticism of the events in Ukraine,” says Praveen Chakravarty, a political economist affiliated with the opposition Indian National Congress party. “If anything, it seems to aid and abet.”
Factor #2: India wants cheap Russian oil
India has one of the fastest-growing economies in the world. (The IMF forecasts 6.8% growth for India this year, compared to just 1.6% for the United States.) By 2030, India is forecast to be the third-largest economy in the world, behind the U.S. and China.
It’s already the third-largest oil consumer in the world. And it needs even more to fuel all that growth. But because India has few oil and gas reserves of its own, most of the oil it needs has to be imported. It’s also a relatively poor country, particularly sensitive to price.
That’s where Russia comes in. India still buys more oil from Middle Eastern countries than Russia. But its Russian share has skyrocketed. In December, India imported 1.2 million barrels of Russian crude. That’s a whopping 33 times more than a year earlier. In January, the share of Russian crude rose to 28% of India’s oil imports — up from just 0.2% before Moscow’s invasion of Ukraine.
Indian officials have defended those purchases by saying it’s their job to find bargains for their citizens. And Jaishankar, the foreign minister, has suggested it’s hypocritical of wealthier Westerners to ask them not to.
“Europe has managed to reduce its imports [of Russian gas] while doing it in a manner that is comfortable,” Jaishankar told an Austrian TV channel last month. “At 60,000 euros or whatever is your per capita income, you’re so caring about your population. I have a population at 2,000 dollars [per capita annual income]. I also need energy, and I am not in a position to pay high prices for oil.”
India basically ignored that. But the Biden administration now says it’s actually fine with that.
Earlier this month, U.S. Assistant Secretary of State for Energy Resources Geoffery Pyatt said Washington is “comfortable” with India’s approach on Russian oil. And Karen Donfried, the assistant secretary of state for European and Eurasian Affairs, said the U.S. is not looking at sanctioning India for this.
Here’s one possible explanation for Washington’s change of heart: India is buying Russian crude at deep discounts — something the West can’t do because of sanctions, or doesn’t want to do because of the optics. Then India refines that same Russian oil and exports it onward to the U.S. and Europe. So the West gets Russian oil, without getting its hands dirty.
“U.S. treasury officials have two main goals: keep the market well supplied and deprive Russia of oil revenue,” Ben Cahill, a senior fellow at the Washington-based Center for Strategic and International Studies, recently told Bloomberg. “They are aware that Indian and Chinese refiners can earn bigger margins by buying discounted Russian crude and exporting products at market prices. They’re fine with that.”
Factor #3: Moscow is India’s biggest arms dealer
India’s military has historically been equipped with Russian and Soviet weapons. Most of those contracts date back to the Cold War, a conflict in which India was officially non-aligned but close to Moscow. So most of India’s arsenal was — and still is — Soviet-made.
By now, some those 30-something-year-old weapons are deteriorating. “Let’s just go to the [Indian] Air Force. Most of those Sukhois and MiGs [fighter aircraft] are referred to as ‘flying coffins.’ Very often Indian pilots die when they are testing, or flying, those,” says Aparna Pande, a political scientist at the Hudson Institute in Washington. “So India knows they need to be replaced.”
Indian defence experts may have been the only ones not surprised to see Russian tanks falling apart in Ukraine this past year, Pande says. They’ve been unhappy with Russian equipment for years.
So the Indian government has started replacing some of its Soviet-made aircraft and artillery with French, Israeli and American versions. But it’s a time-consuming and costly task to update India’s entire arsenal, Pande notes.
“Let’s say my entire apartment had only IKEA furniture, and now I decide, ‘OK now I want to change it, and I want West Elm.’ I cannot just replace one chair. I have to change my entire dining table and all the chairs,” Pande explains. “So what India has done [in terms of updating its weapons] is piecemeal. But those big ticket items are still Russian-made. So that’s the change which has to happen, and this is what will reduce the Russian influence.”
Despite the Indian government’s efforts to diversify, Moscow continues to be India’s biggest arms dealer — more than 30 years after the disintegration of the Soviet Union. Russia has reportedly supplied India with around $13 billion in weapons in the past five years alone. There’s one big reason India needs all these weapons: China.
Factor #4: India wants to prevent Putin from getting closer to China’s Xi Jinping
India’s biggest foreign policy preoccupation is not Ukraine or Russia. It’s China. The two countries share a more than 2,000-mile disputed border. Satellite imagery shows China may be encroaching on Indian territory. Soldiers clashed there in June 2020, and again this past December.
And as the West isolates Russia, India fears Putin is already looking eastward, toward Beijing. “You’re already seeing a very close Russia-China relationship emerging, even in the last few years,” says the ORF’s Rajagopalan. “So the current Indian approach is, we don’t want Russia to go completely into the Chinese fold. Because for India, China has become the No. 1 national security threat.”
Despite the Ukraine war, that’s true for Washington too. So even if Washington doesn’t like it, Biden administration officials say they understand why India has not condemned Russia’s invasion of Ukraine, and they’re willing to grant India a wide berth.
They may even see India’s continued ties with Putin as useful — to try to mitigate just how far the Ukraine war drives him into Xi Jinping’s arms.
(AP) — Work less, get more. A trial of a four-day workweek in Britain, billed as the world’s largest, has found that an overwhelming majority of the 61 companies that participated from June to December will keep going with the shorter hours and that most employees were less stressed and had better work-life balance.
That was all while companies reported revenue largely stayed the same during the trial period last year and even grew compared with the same six months a year earlier, according to findings released this week.
“We feel really encouraged by the results, which showed the many ways companies were turning the four-day week from a dream into a realistic policy, with multiple benefits,” said David Frayne, research associate at University of Cambridge, who helped lead the team conducting employee interviews for the trial. “We think there is a lot here that ought to motivate other companies and industries to give it a try.”
Picture : NYTimes
The university’s team worked with researchers from Boston College; Autonomy, a research organization focused on the future of work; and the 4 Day Week Global nonprofit community to see how the companies from industries spanning marketing to finance to nonprofits and their 2,900 workers would respond to reduced work hours while pay stayed the same.
Not surprisingly, employees reported benefits, with 71% less burned out, 39% less stressed and 48% more satisfied with their job than before the trial.
Of the workers, 60% said it was easier to balance work and responsibilities at home, while 73% reported increased satisfaction with their lives. Fatigue was down, people were sleeping more and mental health improved, the findings show.
That’s just what Platten’s fish and chips restaurant in the English seaside town of Wells-Next-The Sea has found, especially in the hospitality industry where people often work seven days a week.
“Everyone is focused, everyone knows what they’re doing, everyone is refreshed,” said Kirsty Wainwright, general manager of the restaurant about a three-hour drive northeast of London. “What it means is that they are coming into work with a better frame of mind and passing that on to obviously the clients and the public that are coming here for their meals. They’re getting a greater service because the team are more engaged.”
Starting the trial going into the busy season in June, Platten’s, which is open seven days a week, found the biggest hurdle was finding a model that worked for everyone, Wainwright said.
They constantly communicated with employees to find what worked best, which was having the staff split into two groups, allowing one group to work two days on, and other to have two days off, she said.
The concept lets people work, have a day to do chores like cleaning the house and “then have two days off, seeing your friends, seeing your family, doing some stuff yourself,” Wainwright said. “And that’s what this is all about — is actually just working to live and not living to work.”
For companies that rolled out the shorter work hours — whether it was one less workday a week or longer hours in parts of the year and shorter hours the rest of the time to make an average 32-hour week — revenue wasn’t affected, the findings say.
Revenue grew 1.4% over the course of the trial for 23 companies that provided adequate data — weighted for the size of the business — while a separate 24 companies saw revenue climb more than 34% from the same six-month period a year earlier.
For Platten’s, “I don’t think we were really measuring it in terms of profitability,” Wainwright said. “That’s not really it for us. We wanted to measure it in productivity. And actually, the productivity has gone through the roof.”
For all those who participated in the trial, there was a drop in the likelihood of employees quitting, down 57% compared with the same period a year earlier, as well as those calling out sick, down 65% from a year ago, according to the findings.
Of the companies, 92% reported they would continue with the four-day workweek, with 30% saying it’s a permanent change. That includes Platten’s, which said it’s sticking with the model permanently.
Charlotte Lockhart, co-founder and managing director of 4 Day Week Global, said “resounding success” of the U.K. pilot program mirrors earlier efforts in Ireland and the U.S.
There are, of course, industries that can’t institute shorter hours because they need workers round the clock, such as nurses and first responders. Those workers and others have been walking off the job in the U.K. in recent months demanding better working conditions and pay that keeps pace with the high cost of living.
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Padma Shri recipient Dr. Sudhir Parikh, was awarded an Honorary Doctor of Literature (D-Lit) Degree February 7, 2023 by Janardan Rai Nagar Rajasthan University (JRN) at its Udaipur Campus. This degree was awarded to Dr. Parikh for his contribution and work in the field of social service. Dr. Parikh is Chairman of Parikh Worldwide Media and ITV Gold, one of the largest Indian-American publishing outlets in the United States.
Mentioning the success of overseas Indians, and of Dr. Parikh in particular, Chancellor Sarangdevot said, the world screen will shine if Indian knowledge spreads on the international level. Sarangdevot referred to the farsightedness of the university founder J.R. Nagar and said the university from its inception had adhered to his principles and has been offering courses in multi-disciplinary and skills and employment-based learning. These have become the identifying elements of the university today, the Chancellor said.
Speaking at the Convocation, Dr. Parikh said the degree by JRN was the most important of all honors he has received in his life. “This degree is awarded by an institution which is founded on principles of humanity, social work and inclusion of the backward and needy in the mainstream,” Parikh said. “This is true wisdom and appropriate in the world context today,” he added.
Dr. Parikh, who has been involved in social causes in India even as a practicing medical doctor in the United States, said humanity and social causes have acquired a new dimension globally, and, if combined with hard work, would bring success.
He also said a student exchange program of JRN with American universities would benefit students of both the countries and provide opportunities for innovation. He has also been involved in the field of education, including helping foreign medical graduates find their place in the U.S.
At the Udaipur event, Dr. Parikh invited JRN students and youth to engage in hard work and social causes. “Heartfelt social service and hard work alone are the key to a successful life,” Parikh said. The Chancellor and other speakers also mentioned a collaboration in the making between JRN and Physicians of Indian origin in the U.S. Elaborating it further, Dr. Parikh said that the plan under the program was for a team of medical doctors to visit JRN every year, and to organize medical camps and perform free surgeries. He said Parikh Worldwide Media and ITV Gold would support and help all efforts of JRN to get international recognition.
Chief Guest Bharat Mehta of Narmada Bal Vihar, said this collaboration based in service and education would begin a new chapter between the two countries. Head Chancellor Balwant Jani said the university was continuing its efforts to bring its facilities to the international level with a view to facilitate the collaboration.
Other speakers at the event included university President B.L. Gurjar and Registrar Dr. Hemshankar Dadhich. The convocation ceremony was conducted by Dr. Rachna Rathod.
Also present at the event were Gujarat Times Editor Digant Sompura, Prof. G.M. Mehta, Dr. Paras Jain, Dr. Kaushal Nagda, Prof. Manju Mandot, Prof. Jivansinh Kharakwal, Prof. Saroj Garg, Dr. Hemendra Chaudhari, Dr. Kala Munet, Dr. Yuvraj Sinh, Dr. Bhawanipalsinh Rathod, Dr. Dharmendra Rajaura, Dr. Dilipsinh Chauhan, Subhash Vora, Dr. Balidan Jain, Dr. Rajan Sood, Dr. Ami Rathod, Dr. Anita Murdia, Dr. Aparna Shrivastav, Dr. Manish Shrimali, Dr. Lily Jain, Dr. Neeru Rathod, Dr. Shilpa Kanthaliya, Dr. Prerna Bhati, Dr. Madhu Murdia, Dr. Gunbala Aameta, Dr. Harish Sharma, Dr. Sapna Shrimali, Dr. Santosh Lamba, Dr. Alakh Nanda, Dr. Prakash Sharma, Dr. Babita Rashid, and others.
An Indian-American teenager has been named in the “world’s brightest” students list for a second year in a row by the US-based Johns Hopkins Center For Talented Youth (CTY), based on the results of above-grade-level tests of more than 15,000 students across 76 countries.
Natasha Perianayagam, 13, is a student of Florence M Gaudineer Middle School in New Jersey. She has been recognized for her exceptional performance on the SAT, ACT, School and College Ability Test, or similar assessment taken as part of the CTY Talent Search, a university press release said.
Natasha, whose parents hail from Chennai, also took the Johns Hopkins Talent Search test in Spring 2021 when she was in class 5. Her results in the verbal and quantitative sections levelled with the 90th percentile of advanced Grade 8 performance.
“This motivates me to do more,” she had then said, adding that doodling and reading JRR Tolkien’s novels may have worked for her.
Natasha scored the highest grades among all candidates In her latest attempt, the university statement said adding that she “was among the 15,300 students from 76 countries who joined CTY in the 2021-22 Talent Search year”.
“This is not just recognition of our students’ success on one test, but a salute to their love of discovery and learning, and all the knowledge they have accumulated in their young lives so far,” CTY’s executive director Dr Amy Shelton said.
“It is exciting to think about all the ways in which they will use that potential to discover their passions, engage in rewarding and enriching experiences, and achieve remarkable things — in their communities and in the world,” Shelton added.
CTY uses above-grade-level testing to identify advanced students from around the world and provide a clear picture of their true academic abilities.
The quantitative section of the Johns Hopkins CTY test measures the ability to see relationships between quantities expressed in mathematical terms, the verbal section measures understanding of the meaning of words and the relationships between them. (IANS)
New York City Council passed a resolution renaming some 129 thoroughfares and public places Feb. 2, 2023. Among them is the historic renaming in Queens for at least three streets recognizing the contributions of South Asian communities including Sikhs, Bengalis, and Caribbean Americans.
Indian-American leaders of the Sikh community had been lobbying for ‘Guru Nanak Way’ for at least a year, according to community activist and Co Founder & President of South Asians for Global Empowerment, Harpreet Singh Toor. Toor told Desi Talk he worked along with other activists like Rajwinder Kaur to make the co-naming a reality. The ceremony for formalizing the co-naming will take place at a future date.
“Congratulations to all the world community in general and Punjabi and Sikh Community in particular for successfully getting the Street in front of the Sikh Cultural Society co-named as Guru Nanak Way,” Toor said in an email he sent out. Toor is a former president and chairman of the Sikh Cultural Society of Richmond Hill.
The sign will be installed on the North East corner of Punjab Ave/101st Ave in South Richmond Hill, Toor said. “First Punjab Ave, then Gurdwara Street and now Guru Nanak Way,” Toor rejoiced.
The resolution, Int 0897-2023, had 41 co-sponsors, and included at least 3 roads named for the South Asian community. Apart from Guru Nanak Way, there is also the Trinidad and Tobago Street and the Little Bangladesh Way, all three in the Borough of Queens.
An excerpt from the resolution reads as follows – A Local Law in relation to the naming of 129 thoroughfares and public places, Allama Iqbal Avenue, Borough of Queens, Cecelia Owens Cox Way, Borough of Queens, Clifford Glover Road, Borough of Queens, Guru Nanak Way, Borough of Queens, Carmichael Way, Borough of Queens, S.W.A.M. Way, Borough of Queens, Trinidad and Tobago Street, Borough of Queens, Rafael “Monkey” Delgado Way, Borough of Manhattan, Agripina N??ez Way, Borough of Manhattan, Tom Demott Way, Borough of Manhattan, Valentina’s Way, Borough of Queens, Joseph “JoJo” DeToma, Jr. Way, Borough of Queens, Timothy Klein Way, Borough of Queens, Little Bangladesh Way, Borough of Queens. …
“My Special thanks to NYC Council Speaker, Adrienne Adams who got the ball rolling for getting this done,” Toor said, adding, “My thanks to Community Board 9 for unanimously voting to approve under the leadership of Chair Sherry Algredo and Faiuze Ali, Transportation Chair for writing a very good resolution endorsing the Street co- naming.”
Known globally for her humanitarian outlook and advocacy for social justice and women’s rights, former First Lady and Secretary of State of the United States of (US) and philanthropist Hillary Rodham Clinton visited the Indian Institute of Technology Gandhinagar (IITGN) as a part of her India visit and interacted with faculty, students, and the larger IITGN community. She was joined by senior officials of the Clinton Global Initiative (CGI).
During a town hall at the Institute titled “Insights from Her Journey”, Secretary Hillary Rodham Clinton emphasised the need to take climate action and adopt sustainable alternate solutions in our day-to-day lives.
Picture : TheUNN
Citing an example from her visit to a salt pan farm, where women are using solar-powered pumps, she expressed confidence in India’s ability to meet the alternate energy needs and said, “Alternative clean energy is India’s future, and it would not burden the country, but instead, it can reduce costs and generate more income for the communities. Today India is well-positioned to adopt clean energy to achieve economic growth. But it requires organisation from the public sector, the private sector, and civil society. So, with creative thinking, scientific know-how through institutions like IITGN, bringing down the costs of such alternatives, and decentralising, I really believe that the opportunity for India in being a leader in clean energy is so dramatically available.”
Hillary Clinton during the town hall at IIT Gandhinagar
The former first woman Senator from New York state also underscored the importance of higher education to prepare young people for tomorrow and said, “Education at all levels is the key to the continuing effort for economic and social equality and justice. And higher education is very important to prepare our young generation for future endeavours. It is at the heart of how we continue to provide opportunity, and so it is important to open higher education to as many students as possible with a variety of educational institutions.”
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She also encouraged girls and women to develop enough resilience and support each other in dealing with adversity, “Dealing with adversity is a challenge regardless of gender, but as women, we must develop enough resilience and confidence to go through the adversity. It requires constant preparation all through your life. And it cannot happen overnight; it can be built through childhood and young adulthood. So it is important that parents express confidence in their children and provide an impartial upbringing. My parents had given equal opportunity to me and my two brothers and expected us to stand up for ourselves and be responsible. So from a very young age, I was given an opportunity to pursue my interest and develop my own path in life. Women in professional and public life realise that sexism and misogyny are still around, and sadly it has become quite redolent on social media, which has become a new challenge that we have not confronted before. So, it is important that other women support women who are adversely affected.”
Answering a question from one of the students about key lessons and takeaways from the Covid-19 pandemic, Secretary Clinton said, “There are several lessons, but most importantly, 1) We need to have supply chains in our countries and immediate regions so that we are not dependent and are able to provide what we need; 2) We have to do a much better job in communicating public health messages. There is a lot of uncertainty, which is
understandable at the start of such a Global pandemic, but we didn’t really communicate effectively with large portions of our population. India and the United States did a great and quick job in bringing vaccines to the market compared to other countries.
But we have to have global responses to curb it, and every country, especially China, has to be more open and transparent in sharing accurate information in real-time. They cannot continue to guard information the rest of the world needs to know; 3) We need to be smarter about getting enough access to healthcare that people might need if it happens again. Public health infrastructure should not collapse when an emergency hits. The whole world should come together and try to cooperate about how we are going to prepare for whatever comes next.”
Sharing her thoughts on the importance of self-reflection and introspection while being in leadership roles, Secretary Clinton said, “We are living in such a fast-paced world and being overstimulated by information as well as misinformation. So I think it’s especially important to shut off social media and your phone in order to have that time for self-reflection. Do an activity like arts, exercise or just a walk in nature without any other digital distractions, which helps you relax and distress.”
Secretary Clinton also shared a few anecdotes from her college life and motivation to keep going in her professional career in public service. Welcoming the distinguished guest, Prof Rajat Moona, Director, IITGN, said, “It is a matter of great honour to host Secretary Hillary Clinton at IIT Gandhinagar today, who has done immense work for various communities around the world. It is this philosophy of improving lives and giving back that has guided the endeavors of IIT Gandhinagar over the years. We believe in adopting a global outlook in our academic and research activities and applying it to address some global as well as regional challenges. Our effort has been to equip our students not only with cutting-edge scientific and technological knowledge but also social empathy.”
Earlier to her interactive town hall, which was moderated by Prof Bhaskar Datta, Secretary Hillary Clinton also visited Palaj village and appreciated significant efforts of the Desai Foundation (one of the Commitment Makers being recognized by Clinton Global Initiative) and their initiatives along with their partnership with IITGN’s social outreach programmes, NEEV and NYASA, in impacting rural youth, women, and communities through skilling,
entrepreneurship, and health programs.
Through the grassroots-level training projects, mentoring, and networking opportunities provided by NEEV, youth and women from these areas have been able to earn a sustainable livelihood and support their families. Through health camps organized by NYASA and its team of student volunteers, hundreds of residents of nearby villages are provided free medical check-ups by expert physicians, orthopaedics, gynaecologists, dermatologists, ophthalmologists and dentists. The beneficiaries are also provided free medicines, spectacles, and essential information related to health and nutrition.
Prof Harish P M, Dean of General Administration, who also coordinated the entire event at IITGN, said, “Our students and community members were eagerly looking forward to hearing from Secretary Clinton, and we were all delighted that she could take time out of her hectic visit to speak to the students. Both her journey and her words were a source of great inspiration for many of our students. Her words of appreciation for our social outreach programme NEEV and student initiative NYASA along with our partnership with Desai Foundation have given us a great impetus to continue creating a more inclusive environment.”
As a gesture of gratitude for spending time with IITGN students, Secretary Clinton was honored with thoughtful gifts as a memory from IITGN, including “Meghadutam – The Cloud Message”, a book having an English translation of the famous lyrical poem by classical Sanskrit poet and dramatist Kalidasa, by Prof Srinivas Reddy, a Guest Professor at IITGN, and an indo-western jacket made using exquisite Mashru silk with traditional Ajrakh print, specially designed and crafted for the guest by artisans of NEEV-IITGN.
Secretary Clinton was in India to help advance Clinton Global Initiative – CGI’s Commitments to Action that are providing employment opportunities and critical health care services to girls and women, while also providing critical support for climate resilience in the region. These Commitments were made by members of the CGI community at the CGI 2022 Meeting, which resulted in 144 new Commitments to Action addressing climate resilience, global health equity, inclusive economic growth, the global refugee crisis, and other critical global challenges.
The Desai Foundation, an IIT Gandhinagar partner in their work to engage students + teachers in social work in the nearby areas, welcomed Secretary Clinton to Palaj village. Here she saw three of their flagship programmes – Heroes for Humanity, a programme born from the COVID pandemic that employs 500 local village residents and provides them with training to deliver local programming. This programme was a part of CGI’s Commitments to Action at the CGI 2022 Meeting. The second is their flagship Asani Sanitary Napkin and Menstrual Equity Programme. And lastly, the Desai Foundation Health Camp, in collaboration with the IITGNNYASA students, a programme that brings healthcare to rural communities.
Continuing its powerhouse run at worldwide turnstiles, Shah Rukh Khan’s espionage actioner ‘Pathaan’ has topped the global box office century mark (that is, in million dollars), getting there in 12 days on Sunday, reports ‘Deadline’.
And now with its earnings going up to $103.6 million through Monday, it is the first Bollywood movie to reach the $100-million milestone without a China release, ‘Deadline’ adds.
The split sits at Rs 526 gross crore ($64.2 million) in India and $39.4 million from overseas markets through Monday. Already, the Siddharth Anand-directed movie is the biggest Bollywood movie ever globally in the original Hindi language.
Picture : TheUNN
This is where, according to ‘Deadline’, it gets slightly confusing in terms of the records posted. Aamir Khan-starrers ‘Dangal’ and ‘Secret Superstar’, both Bollywood titles, remain ahead of ‘Pathaan’ worldwide, but that includes more than $100 million each from China, where the movies were dubbed for local audiences.
Similarly, ‘Bajrangi Bhaijaan’, which features Salman Khan, who also appears in ‘Pathaan’, is still ahead globally, having had a dubbed China release. There is no word yet on a China window for ‘Pathaan’.
In India, notes ‘Deadline’, where box office earnings are measured in both gross and net figures, ‘Pathaan’ maker Yash Raj Films reports that the film’s Rs 438.5 crore net takings on Monday surpassed the net of the Hindi-dubbed version of the Yash-starrer ‘KGF 2’ (it was originally in the Kannada language).
Next ahead of ‘Pathaan’ on a net basis is S.S. Rajamouli’s ‘Baahubali 2’ with a Rs 510-crore ($61.7 million) lifetime collection in Hindi (the film was originally in Telugu). Whichever way you slice it, as ‘Deadline’ puts it, ‘Pathaan’ is having an incredible ride.
Siddharth Anand, who has directed YRF Spy Universe’s latest offering Pathaan, is ecstatic that the film has become the highest grossing film worldwide, thereby surpassing Dangal. Pathaan also breached 400 crore nett in India, the first Hindi film to do so in the history of Hindi cinema.
Siddharth says, “The fact that Pathaan is the highest worldwide grossing film in the history of Hindi cinema and the first Hindi film to breach 400 crore nett in India, means people have showered enormous amount of love on the film and have gotten entertained thoroughly!”
He adds, “As a director, I’m most thrilled about this! The fact that so many single screens cinemas have reopened and have again had housefull signs across India, that people have danced, clapped, whistled, rooted at every song and so many scenes of the film, means that we have created a film that has genuinely entertained audiences globally, and this is a rare feeling and currently I’m just enjoying that.”
Siddharth is also the record holder of an incredible feat in Hindi cinema! He is the only Hindi film director to have delivered five 50+ crore nett box office days and also five 100+ crore worldwide gross box office days with War and Pathaan, with the SRK starrer delivering 4 out of 5!
He says, “The feeling has not sunk in yet because it is such a huge one. To have directed a film that has smashed all records, that has become the No. 1 hindi film of all time is very daunting. I hope that I can entertain people to this level again. I will work just as hard and focus on my craft and try and keep making the cinema that appeals to all audience segments like War and now Pathaan has done.”
With War and now Pathaan, Siddharth has become the undisputed number one director of his genre in India. While War with Hrithik Roshan, Tiger Shroff & Vaani Kapoor collected 477 crore gross worldwide, with Pathaan starring Shah Rukh Khan, Deepika Padukone & John Abraham, Siddharth has already given a film that has grossed 832.20 crore worldwide so far and delivered the highest grossing film of YRF’s Spy Franchise.
Lolita Chakrabarti’s dazzling stage adaption of Yann Martel’s best-selling novel LIFE OF PI will premiere at Broadway’s Gerald Schoenfeld Theatre (236 West 45th Street) with three Olivier Award-winning performers making their Broadway debuts. Recreating their critically acclaimed performances for Broadway will be “Best Actor” winner Hiran Abeysekera in the role of “Pi” and “Best Supporting Actor” winners Fred Davis and Scarlet Wilderink join the “Richard Parker” puppeteering team.
The Broadway production of the five-time Olivier Award-winning London production of LIFE OF PI will feature Brian Thomas Abraham as Cook/Voice of “Richard Parker,” Rajesh Bose as Father, Avery Glymph as Father Martin/Russian Sailor/Rear Admiral Jackson, Mahira Kakkar as Nurse/Amma/Orange Juice, Kirstin Louie as Lulu Chen, Salma Qarnain as Mrs. Biology Kumar/Zaida Khan, Sathya Sridharan as Mamaji/Pandit-Ji, Daisuke Tsuji as Mr. Okamoto/Captain, Sonya Venugopal as Rani, with Nikki Calonge, Fred Davis, Rowan Ian Seamus Magee, Jonathan David Martin, Betsy Rosen, Celia Mei Rubin, Scarlet Wilderink and Andrew Wilson as Royal Bengal tiger “Richard Parker.” Mahnaz Damania, Jon Hoche, Usman Ali Mughal, Uma Paranjpe and David Shih round out the 24-member cast with Adi Dixit as the “Pi” alternate.
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LIFE OF PI begins performances Thursday, March 9, 2023, and opens Thursday, March 30, 2023. Prior to the Broadway engagement, LIFE OF PI made its North American Premiere at the American Repertory Theater at Harvard University.
LIFE OF PI is directed by Max Webster, with Set and Costume design by Olivier Award winner Tim Hatley, Puppetry and Movement Direction by Olivier Award winner Finn Caldwell, Puppet Design by Olivier Award winners Nick Barnes and Finn Caldwell, Video Design by Olivier Award winner Andrzej Goulding, Lighting Design by Olivier Award winner Tim Lutkin, Sound Design by Carolyn Downing, Original Music by Andrew T Mackay, Dramaturgy by Jack Bradley, Wig Design by David Brian Brown, and Casting by Stewart/Whitley.
Based on one of the best-loved works of fiction – winner of the Man Booker Prize, selling over fifteen million copies worldwide – LIFE OF PI is a breath-taking new theatrical adaptation of an epic journey of endurance and hope.
After a cargo ship sinks in the middle of the vast Pacific Ocean, a sixteen-year-old boy name Pi is stranded on a lifeboat with four other survivors – a hyena, a zebra, an orangutan, and a 450-pound Royal Bengal tiger. Time is against them, nature is harsh, who will survive?
Tickets for LIFE OF PI on Broadway are available at Telecharge.com (212.239.6200) and at the Gerald Schoenfeld Theatre box office and range from $49 – $199 (including $2 facility fee). The playing schedule for LIFE OF PI is as follows: Tuesday through Saturday at 8pm, with matinees Wednesday and Saturday at 2pm, and Sunday at 3pm. Please note there will be no 2pm performance on Wednesday, March 15, and March 22. Beginning Tuesday, April 4, 2023, the LIFE OF PI performance schedule is as follows: Tuesday and Thursday at 7pm, Wednesday and Friday at 7:30pm, and Saturday at 8pm, with matinees Wednesday and Saturday at 2pm, and Sunday at 3pm.
LIFE OF PI on Broadway is produced by Simon Friend, Daryl Roth, Hal Luftig, Mark Gordon Pictures, Playing Field, Tulchin Bartner Productions, Gavin Kalin, Hunter Arnold, Hall Smalberg Winkler, 42nd.club, Elizabeth Armstrong, Eilene Davidson, deRoy Shea Waxman, Federman Jenen Productions, Susan Gallin, Independent Presenters Network, John Gore Organization, Kuhn Dodani, Harriet Newman Leve, Anastasia Muravyeva, Mary Lu Roffe, Catherine Schreiber, American Repertory Theatre and Sheffield Theatres, with Aaron Lustbader and Hanna Osmolska serving as Executive Producers.
LIFE OF PI played Wyndham’s Theatre in London’s West End where it won five Olivier Awards including Best New Play, Best Scenic Design and Best Lighting Design. In an historic first for the Olivier Awards, the seven performers who play Royal Bengal tiger “Richard Parker” were collectively awarded “Best Actor in a Supporting Role.” The London production with its cutting-edge visual effects has garnered great critical acclaim and will launch a UK & Ireland tour in the summer of 2023.
Show info: www.LifeOfPiBway.com; Social: @lifeofpibway on Instagram, Twitter, and Facebook
(Global Christian Relief) — The world’s largest democracy should be protecting the religious rights of all of its people. On Jan. 2, a mob of about 1,000 extremists — men and women, young and old — armed with rocks, wooden sticks and iron rods viciously attacked Sacred Heart Church in central India’s Narayanpur district. While this kind of anti-Christian violence may be shocking, it’s not altogether surprising. Attacks against Christians in India have been steadily rising for years, jumping 81% from 2020 to 2021 alone.
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The mob in this case was reportedly protesting “illegal” conversions and church construction, but this was no mere protest. Videos captured by one of Global Christian Relief’s partners show the crowd throwing rocks and bashing in windows of the church building and church vehicles. Police officers are seen standing by and even falling back as they allowed the frenzied mob to vandalize the church. Footage of the aftermath shows a destroyed Nativity, broken chairs and scattered debris.
Stories like these have become sadly routine since 2014, when Prime Minister Narendra Modi and his Bharatiya Janata Party rose to power. They have stoked attacks on Muslim and Christian minorities and spread their radical Hindutva ideology, claiming that being truly Indian means being Hindu. Reported incidents of violence against Christians have risen more than 220%.
The Modi regime has spent massive amounts of money to plant lobbyists in Washington to help hide the truth. As a result, you likely won’t hear this story inside the Beltway. American lawmakers are discouraged from confronting the truth because India is an important ally of the U.S. in South Asia. But Americans deserve to know it.
Publicly, the U.S. government has mysteriously remained silent about the events at Sacred Heart Church. Its lack of response to this horrific incident speaks volumes about our priorities. America currently does $102.3 billion in trade with India annually, and our economy would be negatively impacted if we fell out of India’s good graces. But will America be held hostage by economic power plays?
The Sacred Heart incident is only one sign of a larger problem. The Indian government has adopted anti-conversion laws and policies in more than 10 states, preventing people from choosing their own faith. These measures are leveraged by those in power to discriminate against religious minorities. This is not only in opposition to what we believe in America but is also in direct conflict with Article 25 of India’s own constitution: “ … all persons are equally entitled to freedom of conscience and the right freely to profess, practice and propagate religion.”
Media coverage of stories like Sacred Heart in India, which is scarce, also shows how Modi’s regime squashes stories of persecution. Only a handful of local outlets reported that five people were arrested that day. Since Modi’s rise to power, the Indian government has shut down news stations midbroadcast and has pressured advertisers as part of a wider assault on dissent. On Reporters Without Borders’ 2022 Press Freedom Index, India fell to 150th out of 180 countries—a journalistic crisis in “the world’s largest democracy.”
With Modi’s lobbyists deterring members of Congress from taking critical positions on India, using tactics such as intimidation and the spread of misinformation, the White House and State Department must hold the government of our largest trade partner accountable. We must demand that India uphold freedom of religion for all its citizens. It’s difficult to do business with people you can’t trust and don’t share common ideals with, especially if you don’t believe they provide basic human rights.
We have much common ground with India but cannot ignore its continued stunning slide into illiberal and radical religious intolerance. (David Curry is president and CEO of Global Christian Relief, America’s leading watchdog organization focused on the plight of persecuted Christians worldwide. In addition to equipping the Western church to advocate and pray for the persecuted, GCR works in the most restrictive countries to protect and encourage Christians threatened by faith-based discrimination and violence.
The above story was published in: Religion News Service.
(The views expressed in this sponsored commentary do not necessarily reflect those of www.theunn.com.)
TiE Boston calls for applications to the 2023 University Pitch Competition, for collegiate entrepreneurs. The winning team will go on represent TiE Boston at the global finals of the TiE University Global Pitch Competition.
TiE Boston’s 2023 Chair of the competition, SourceTrace CEO and social entrepreneur Dr. Venkat Maroju said: “I am proud of the work that the TiE Boston University Initiative is doing. It is an excellent opportunity for college students and recent graduates to gain an entrepreneurial mindset and be the next generation of entrepreneurs in New England and beyond. Student teams participating in the pitch competition will gain access to a large network of successful entrepreneurs and corporate business leaders of TiE in a global context.”
Registration to the TiE Boston University Pitch competition is currently open and will close on Feb 17, 2023. It is open to all founders in the New England area who are currently in college or have graduated after Jan 2020, with a start-up less than 5 years old. For non-bio companies, commercially viable product/service with revenues is preferred.
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As part of the competition, the startups will be mentored and coached by experienced entrepreneurs at the regional level. Shortlisted semifinalists will present their ideas to a seasoned jury panel that will select the chapter (regional) winner. The winning team will then become part of the global cohort which undergoes extensive mentoring and coaching by international mentors. These mentoring sessions cover many skills from pitching, presentation design, defining value proposition, fundraising, financial models and many other aspects of entrepreneurship.
As they move on to the TiE University Global Pitch Competition, the cohort then presents to an international jury and competes for cash and in-kind prizes of $150,000+, including a grand first prize of $50,000.
Important Dates for the TiE Boston University Pitch Competition
Dr. Venkat Maroju is Chief Executive Officer of SourceTrace, a global leader in providing software solutions to agriculture and allied sectors, making the agriculture value chain sustainable, transparent and equitable – empowering more than one million farmers in developing countries. Prior to joining SourceTrace, Maroju had founded Factum Ventures, a holding company in India that set up and promoted new business ventures in sustainable agriculture, microfinance and renewable energy. He was also advisor to venture capital firms investing in social enterprises that supported people at the bottom of the pyramid in developing economies. His earlier experience with technology leadership includes well known global corporations like Bose, where, as Divisional Information Officer, he led the information systems strategy and implementation. He also held a leadership position at ComauPICO (A subsidiary of Fiat). He holds an MBA from MIT Sloan School of Management and a Ph.D. in Engineering from Old Dominion University and M.E. from IISc and B.E. from Osmania University
Laura Lee Blake, President & CEO of the Asian American Hotel Owners Association (AAHOA), released the following statement in response to ongoing reports that economic headwinds could force more hotel owners into serious financial challenges, including bankruptcies – such as a recent filing by a leading Burger King Franchisee – and out-of-court restructurings this year:
“Our members have taken extraordinary steps over the past three years, and, in numerous cases, counted on pandemic relief aid to weather the worst of COVID-19. Many continue to operate on thin margins with smaller workforces. The tight labor market has made it difficult to hire.
“Hotels and other small businesses are the backbone of local economies, and AAHOA Members – the vast majority of whom are first- and second-generation immigrants – are resilient. However, staffing shortages, rising interest rates, and the possibility of a recession this year, even a mild one, are creating further strain on an industry that is still struggling to recover from a devastating pandemic.
Picture : Hospitality Net
“The Chapter 11 bankruptcy filing by TOMS King reminds us that small businesses, including restaurants and hotels, continue to suffer long-term impacts from COVID-19 and an overall uncertain economic environment with high inflation and labor shortages. As President Biden noted in his State of the Union speech this week, the entrepreneurial spirit is very much alive with a record number of Americans starting small businesses. But the outlook for many of those businesses remains cloudy.
“AAHOA Members need certainty and continued federal assistance while these economic headwinds rage. While restaurateurs received grants from the Restaurant Revitalization Fund, hoteliers have not seen the same support. Many need solutions to address, among other things, the pending payments due on COVID-19 Economic Injury Disaster Loans (EIDLs) by waiving interest and/or deferring for another year.
“Additionally, the government should lift constraints on H2-B visas by expanding eligibility to include India so there are options available for addressing employers’ needs for additional seasonal workers. Finally, for all franchisees, the Federal Trade Commission should thoughtfully review the Franchise Rule, including extending the Rule beyond the presale disclosure to protect small-business owners’ investments. AAHOA Members also support the 12 Points of Fair Franchising to promote long-term, mutually beneficial relationships between Franchisors and Franchisees that will help sustain the franchise business model and grow the hospitality sector.”
AAHOA is the largest hotel owners association in the world, with Member-owned properties representing a significant part of the U.S. economy. AAHOA’s 20,000 members own 60% of the hotels in the United States and are responsible for 1.7% of the nation’s GDP. More than one million employees work at AAHOA member-owned hotels, earning $47 billion annually, and member-owned hotels support 4.2 million U.S. jobs across all sectors of the hospitality industry. AAHOA’s mission is to advance and protect the business interests of hotel owners through advocacy, industry leadership, professional development, member benefits, and community engagement.
John Abraham Hopes That A Prequel To His Character That Reveals His Backstory Is Made
YRF’s Spy Universe unleashed its most notorious villain in the form of John Abraham aka Jim in Pathaan. A patriot-turned-ruthless mercenary, John has got unanimous praise for his brilliant acting and forte in action sequences in this negative character that has won people’s hearts. John hopes Aditya Chopra, who is carefully building the YRF Spy Universe, India’s answer to Marvel Cinematic Universe, brings Jim back and tells the world his backstory.
John, who has given Indian cinema an anti-hero that people will always remember, says, “It is incredible the amount of love that I have been receiving for playing Jim in Pathaan! As an actor, I only work for the love of audiences and fans. Records and milestones are a huge bonus and I’m grateful that Pathaan is such a historic blockbuster. I didn’t expect that people would love my character so much that they want more of Jim to be given to them.”
He adds, “I’m astounded by the number of messages I’m getting daily on my social media about how there should be a prequel to Jim. When people almost always root for the hero, and that hero is Shah Rukh Khan in Pathaan, it is hugely gratifying that people are rooting for the anti-hero too! I’m fortunate that my work in Pathaan has spoken loudly and hopefully, I have managed to give people an anti-hero that they will always remember. That was my intent when I heard Pathaan.”
Speaking about what he loves about Jim, the leader of notorious Outfit X, a band of deadly gun-toting mercenaries on hire, John says, “Jim is a refreshingly suave villain, with very well etched out characterisation that dives into why he became what he became! Imagine the pain he endured, imagine the hurt that broke him and turned him into the man he became. To me, Jim was a very powerful character and yes, it would be great if Aditya Chopra wants to bring him back and tell the world how good a super-spy he was and how he became a ruthless mercenary later!”
He adds, “As Luthra says in Pathaan, Jim and Kabir are the best in business. So, there could be lots to explore if a film is made on Jim. I don’t know what Aditya Chopra has in mind. As of now, I’m relishing the love that’s coming my way and I’m thankful that I have entertained people thoroughly.”
University of Utah Health professors Thomas (Wade) Fallin and Bellamkonda Kishore, M.D., Ph.D., have been named Senior Members by the National Academy of Inventors (NAI). They are part of the 2023 class of Senior Members made up of 95 of the foremost emerging academic inventors identified by NAI’s Member Institutions.
Fallin and Kishore join Ashutosh Tiwari, Ph.D., an engineering professor at the U, as the university’s three NAI Senior Members. Tiwari was elected in 2021. NAI Senior Members are active faculty, scientists, and administrators from NAI Member Institutions who have demonstrated remarkable innovation producing technologies that have brought, or aspire to bring, real impact on the welfare of society. They also have growing success in patents, licensing, and commercialization, while educating and mentoring the next generation of inventors.
Bellamkonda Kishore
Kishore, an adjunct professor of internal medicine (nephrology), has researched physiology, pathophysiology, and experimental therapeutics of the kidney, obesity, and related systems for 40 years. His career has spanned the globe from India and Japan to Belgium and the United States, including four years at the intramural research program of the National Heart, Lung, and Blood Institute, and two decades as faculty in the Department of Internal Medicine at University of Utah Health and principal investigator in the Department of Veterans Affairs Salt Lake City Health Care System.
Recently, Kishore’s career branched off to a new path—entrepreneurship. In addition to his adjunct position at the U, he is the CEO, president, co-founder, and CSO of ePurines, a startup located in the U’s Research Park. Kishore’s patented technologies—commercialized through ePurines—offer innovative purinergic signaling-based therapies for obesity, metabolic syndrome, and a variety of kidney, liver, heart, and lung diseases with a target patient population of 500 million to 1 billion globally.
When Kishore graduated from medical school in 1976, he spent barely six months practicing medicine before deciding to return to medical school to research the kidney. “That was a very tough decision because you’re leaving a bright and secure future,” he said. “But my heart was in the science from the beginning, and somehow I could not be happy sitting in the clinic and looking at patients.”
Being named an NAI Senior Member is “a rewarding recognition” that his choice to continue his research was correct. “It is a culmination of 40 years of my research life,” said Kishore, who believes that a passionate, purpose-oriented life is far superior to an ambitious, success-driven life.
Wade Fallin
Fallin, an orthopaedics research professor and Louis S. Peery, M.D. Orthopaedic Innovation Center (LSP OIC) executive director, has started and sold five companies in the medical device industry with a focus on the orthopaedics and spine markets and holds over 250 issued U.S. patents.
Picture : TheUNN
“My entire career focus has been on innovating new medical device technologies that reduce pain and suffering resulting from injury or disease,” Fallin said. “In addition to being a ‘serial entrepreneur,’ I have been fortunate to have the opportunity to be a ‘serial innovator,’ which has led to over a dozen commercial orthopaedic surgical systems that are in clinical use around the world today.”
The LSP OIC and Fallin, with his history as an entrepreneur combined with his experience at the U starting in 2019, are excellent resources to U faculty members and students looking to “understand the process of translating from early-stage ideas to something that’s clinically and commercially successful for medical devices,” Fallin said.
“The National Academy of Inventors fosters innovation in academic settings,” Fallin said. “Their membership works to increase the level of innovation at universities, so being part of that is really appealing to me.”
This latest class of NAI Senior Members, the largest to date, demonstrates a shared commitment to celebrating the diversity of the academic ecosystem, with 48 outstanding female and/or minority academic inventors included. Hailing from 50 NAI member institutions and research universities across the nation, this impressive class are named inventors on more than 1,200 issued U.S. patents, with many of those being licensed and commercialized.
“I’m delighted to see how this program has expanded in just a couple years’ time,” said Paul R. Sanberg, FNAI, NAI president. “It really reflects the shift we are seeing at universities where invention is not only being recognized but prioritized as well.”
The 2023 class of Senior Members will be celebrated at NAI’s Annual Meeting, Diversifying Innovation for a Strong Economy and a Sustainable Future, taking place June 25-27, 2023, in Washington, D.C.
University of Utah Health provides leading-edge and compassionate care for a referral area that encompasses Idaho, Wyoming, Montana, and much of Nevada. The National Academy of Inventors is a member organization comprising U.S. and international universities, and governmental and non-profit research institutes, with over 4,000 individual inventor members and Fellows spanning more than 250 institutions worldwide
Navika Group of Companies has acquired two stylish hotels with magnificent views of the New York City skyline from across the Hudson river. The premier commercial real estate company has added EnVue, Autograph Collection by Marriott and Residence Inn by Marriott, Port Imperial, Weehawken, NJ, to its stable that already boasts iconic hotels like Sheraton Mahwah, Marriott Long Island and Andaz Wall Street, rebranded as Hyatt Centric Wall Street.
EnVue, Autograph Collection
Rated Best of the Best Hotels in NYC, it has a great location, right on the Hudson River across the street from the NY Waterway ferries to NY terminal. Guests can revel in spectacular views of the Hudson River and Manhattan skyline. In fact, as the name signifies, EnVue, Autograph Collection is New York City on exhibit.
Weehawken, NJ was once host to prominent ancestors, infamous neighbors, and the forefathers’ famous duel of 1804. Now, EnVue hotel rises from the revitalized Hudson River waterfront offering a clean slate for new generations to create their own history. You can gather with friends and family for intimate dinners or large, timeless events at Skyline, their 25,000 sq ft adaptable outdoor terrace encircled by NYC’s horizon. You can also host a meeting for about 800 attendees inside the WorldVue Ballroom, their most expansive venue. And showcase your vision with their state-of-art audiovisual equipment, available in every meeting room. At night sleep well in their well-appointed suites and guest rooms with a host of amenities.
Residence Inn Weehawken Port Imperial
The boutique hotel in Weehawken, NJ is located on the Hudson River with sweeping views of the Manhattan skyline. For those wishing to explore the city that never sleeps, the hotel is just an effortless ferry ride away from Central Park and Midtown Manhattan.
Spacious and innovative suites come with fully equipped kitchens. Whether you are traveling for business or pleasure, you can enjoy local Jersey hotspots or utilize the hotel’s grocery-shopping services and enjoy a night in. Also avail complimentary breakfast buffet and work out at the onsite fitness center.
Headquartered in Uniondale, N.Y., Navika Group possesses a big portfolio of income-producing properties nationwide in the hospitality, leisure and corporate markets, including hotels, office buildings, apartment complexes, shopping centers and golf courses. Its portfolio includes Limited and Full Service Hotels, which are flagged under global brands such as Marriott, Hilton, Intercontinental, Wyndham, and Best Western.
Chicago, IL: February 11, 2023 The Global Strategic Alliance G.S.A. India @75 Expo USA announced the Pride of India awards being presented to 75 outstanding Indians from different walks of life for their impactful work to celebrate Azadi Ka Amrit Mahotsav. An initiative of Indian diaspora from Chicago, U.S.A.
Vikash Kumar Vikash, IPS, Inspector General Of Police and Managing Director of Mysore Sales International Ltd, MSIL, Bangalore was named as one of the 75 Pride of India awardees for his dynamic leadership in MSIL’s outstanding growth postcovid particularly in promoting the use of renewable energy and aggressive marketing which made MSIL successfully venture into the tourism and hospitality sector which reaped profits.
Pejavar Murari, IAS (Retd), Adviser to the President of Federation of Indian Chamber of Commerce & Industries, FICCI, New Delhi, India was also awarded in recognition of his distinguished career in the Indian Administrative Service including being the former Secretary to President of India, R. Venkataraman. The citation recalled Murari’s entrepreneurial leadership including being the current Chairman of ABAN Offshore Ltd, Chairman, Advisory Board Lochan & Company and Chairman, Lepra India Trust, New Delhi. Murari also serves as the Director of Bajaj Auto, Xpro India, Idea Cellular and Fortis Mallar. Murari is also on the Governing Council of Loyola Institute of Business Administration, LIBA Chennai and the Business Advisory Council of Great Lakes Institute of Management.
Ms. Seeta Bala, G.S.A. Awards Jury Chair announced the other Pride of India awards including 17year old Aryan Lakshmanan, Grade 11 Student, L’école Chempaka School, Thiruvananthapuram, Kerala, Praful Billore, CEO, MBA Chaiwala, Indore, India, Dr. Chitti R. Moorthy, Radiation Oncologist, Westchester, New York, Madhu Uppal, Community Activist, Naperville, Illinois, Dr. Paul Dhinakaran, Chancellor, Karunya University, Coimbatore, India, Cottalango Leon, 2016 Academy Award Winner, Scientific & Tech Achievement in Animation, Los Angeles, Rajkumar Rajappa, Chairman, President NHEL Small Scale Industries Association, Trichy, Tamil Nadu, Ms. Geeta Radhakrishnan, CPA, New York, Dr. Sambhu Banik, Eminent Clinical Psychologist & Former Member, Presidential Commission on Persons with Intellectual Disabilities, Washington D.C., USA, Sukhpal Singh Dhanoa, White House Correspondent & Bureau Chief PTC News, Washington, D.C., Ms. Rajeswari Rajagopal, Kids Education Counselor, Surakhsha Bhuja Foundation, Chennai, Tamil- Nadu, Ravi Karkara, Global Champion of Sustainability, New York, Tenkasi ‘s Ananthan Ayyasamy, State Vice President, Tamil Nadu BJP Party, Padmashri S.V. Rama Rao, eminent Artiste & Educationalist, Palos Hills, Illinois, Simarpreet Singh, CEO, Hartek Solar, New Delhi, Manav Subodh, Founder- Global Ambassador UC Berkeley & Founder 1M1B, New Delhi, Usha Boddapu, CEO/Founder, Esolvit, Austin, Texas, Padmanabhan Venkatesan, Treasurer, World Federation of Tamil Youth, Phoenix, Arizona, 25 year old Ulhas Satyanarayan, Member, India’s Basketball Team, New Delhi, & First Indian to play in European Professional Basketball League, Moldovia, Sushil Mitruka, Chairman and Managing Director of Kusum Udyog Ltd & Group of Industries, Siliguri, India, Shweta Baid, First Indian Alderwoman of Aurora City, IL, Thirumala Kumbum, CEO, Value Financial Services, Texas and Dr. Mohammed Jameel, Member Illinois Physician Disciplinary Board, Springfield, IL among others.
Dr. Vijay G Prabhakar, President, GSA India@75 Expo USA said that this epic one of kind Expo brought together ANCIENT INDIA and NEW INDIA on a single platform that included a vibrant tradeshow, meaningful daily workshops, informative plenary sessions on India’s growth, interactive sessions on Yoga, Meditation, & Ayurveda and a rich cultural extravaganza of India’s dance and music.
Dr. Ajit Pant, Chairman, GSA India@75 Expo USA said that the three day Expo held from December 15 to 17, 2022 at Lisle, Naperville was the most impactful event of 2022. Dr Pant added that the Expo Sequel will be held in six major cities including New York, Atlanta, Houston, Miami, San Francisco and Washington D.C. throughout 2023.
Shree Gurusamy, CEO GSA India@75 Expo USA that the theme is Made in India Made for the World and that the showcasing of India will continue through Amrit Kaal, the next 25 years.
26 year old Sailesh Singh, Founder of Youth 2047, Siliguri India declared that GSA India@100 Expo will be celebrated in 2047 in the U.S.A and India. Dr. Vasavi Chakka, Dean of the Global Eye International Institute of Leadership, New York announced that short term Leadership Training Programs to focus on U.S.A – India relationships in six sectors starting from June 2023 will be conducted to create tomorrow’s inclusive leaders today. This will be an excellent opportunity for both Indians and Indian diaspora throughout the world to interact with the U.S. Congressional leadership and network with experts in the different sectors, added Dr Chakka.
Seeta Bala, G.S.A. India Expo Awards Jury Chair said that the Pride of India Awardees will be given annually to outstanding Indians including the Indian diaspora under different categories in recognition of their inclusive leadership to empower our Community. Seeta Bala added that the impactful G.S.A. India @75 Expo is hosting Sequels across North America, Europe, Africa, Latin America and Australia Continents throughout Amrit Kaal.
Nominations for 2023 G.S.A Pride of India Awards can be emailed to gsaindia75expo@gmail.com on or before April 22, 2023.
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India is poised to become the world’s most populous country this year – surpassing China, which has held the distinction since at least 1950, when the United Nations population records begin. The UN expects that India will overtake China in April, though it may have already reached this milestone since the UN estimates are projections.
Here are key facts about India’s population and its projected changes in the coming decades, based on Pew Research Center analyses of data from the UN and other sources.
How we did this
India’s population has grown by more than 1 billion people since 1950, the year the UN population data begins. The exact size of the country’s population is not easily known, given that India has not conducted a census since 2011, but it is estimated to have more than 1.4 billion people – greater than the entire population of Europe (744 million) or the Americas (1.04 billion). China, too, has more than 1.4 billion people, but while China’s population is declining, India’s continues to grow.
Under the UN’s “medium variant” projection, a middle-of-the-road estimate, India’s population will surpass 1.5 billion people by the end of this decade and will continue to slowly increase until 2064, when it will peak at 1.7 billion people. In the UN’s “high variant” scenario – in which the total fertility rate in India is projected to be 0.5 births per woman above that of the medium variant scenario – the country’s population would surpass 2 billion people by 2068. The UN’s “low variant” scenario – in which the total fertility rate is projected to be 0.5 births below that of the medium variant scenario – forecasts that India’s population will decline beginning in 2047 and fall to 1 billion people by 2100.
People under the age of 25 account for more than 40% of India’s population. In fact, there are so many Indians in this age group that roughly one-in-five people globally who are under the age of 25 live in India. Looking at India’s age distribution another way, the country’s median age is 28. By comparison, the median age is 38 in the United States and 39 in China.
The other two most populous countries in the world, China and the U.S., have rapidly aging populations – unlike India. Adults ages 65 and older comprise only 7% of India’s population as of this year, compared with 14% in China and 18% in the U.S., according to the UN. The share of Indians who are 65 and older is likely to remain under 20% until 2063 and will not approach 30% until 2100, under the UN’s medium variant projections.
The fertility rate in India is higher than in China and the U.S., but it has declined rapidly in recent decades. Today, the average Indian woman is expected to have 2.0 children in her lifetime, a fertility rate that is higher than China’s (1.2) or the United States’ (1.6), but much lower than India’s in 1992 (3.4) or 1950 (5.9). Every religious group in the country has seen its fertility rate fall, including the majority Hindu population and the Muslim, Christian, Sikh, Buddhist and Jain minority groups. Among Indian Muslims, for example, the total fertility rate has declined dramatically from 4.4 children per woman in 1992 to 2.4 children in 2019, the most recent year for which data is available from India’s National Family Health Survey (NFHS). Muslims still have the highest fertility rate among India’s major religious groups, but the gaps in childbearing among India’s religious groups are generally much smaller than they used to be.
Fertility rates vary widely by community type and state in India. On average, women in rural areas have 2.1 children in their lifetimes, while women in urban areas have 1.6 children, according to the 2019-21 NFHS. Both numbers are lower than they were 20 years ago, when rural and urban women had an average of 3.7 and 2.7 children, respectively.
Total fertility rates also vary greatly by state in India, from as high as 2.98 in Bihar and 2.91 in Meghalaya to as low as 1.05 in Sikkim and 1.3 in Goa.
Likewise, population growth varies across states. The populations of Meghalaya and Arunachal Pradesh both increased by 25% or more between 2001 and 2011, when the last Indian census was conducted. By comparison, the populations of Goa and Kerala increased by less than 10% during that span, while the population in Nagaland shrank by 0.6%. These differences may be linked to uneven economic opportunities and quality of life.
On average, Indian women in urban areas have their first child 1.5 years later than women in rural areas. Among Indian women ages 25 to 49 who live in urban areas, the median age at first birth is 22.3. Among similarly aged women in rural areas, it is 20.8, according to the 2019 NFHS.
Women with more education and more wealth also generally have children at later ages. The median age at first birth is 24.9 among Indian women with 12 or more years of schooling, compared with 19.9 among women with no schooling. Similarly, the median age at first birth is 23.2 for Indian women in the highest wealth quintile, compared with 20.3 among women in the lowest quintile.
Among India’s major religious groups, the median age of first birth is highest among Jains at 24.9 and lowest among Muslims at 20.8.
India’s artificially wide ratio of baby boys to baby girls – which arose in the 1970s from the use of prenatal diagnostic technology to facilitate sex-selective abortions – is narrowing. From a large imbalance of about 111 boys per 100 girls in India’s 2011 census, the sex ratio at birth appears to have normalized slightly over the last decade. It narrowed to about 109 boys per 100 girls in the 2015-16 NFHS and to 108 boys per 100 girls in the 2019-21 NFHS.
To put this recent decline into perspective, the average annual number of baby girls “missing” in India fell from about 480,000 in 2010 to 410,000 in 2019, according to a Pew Research Center study published in 2022. (Read more about how this “missing” population share is defined and calculated in the “How did we count ‘missing’ girls?” box of the report.) And while India’s major religious groups once varied widely in their sex ratios at birth, today there are indications that these differences are shrinking.
Infant mortality in India has decreased 70% in the past three decades but remains high by regional and international standards. There were 89 deaths per 1,000 live births in 1990, a figure that fell to 27 deaths per 1,000 live births in 2020. Since 1960, when the UN Interagency Group for Child Mortality Estimation began compiling this data, the rate of infant deaths in India has dropped between 0.1% and 0.5% each year.
Still, India’s infant mortality rate is higher than those of neighboring Bangladesh (24 deaths per 1,000 live births), Nepal (24), Bhutan (23) and Sri Lanka (6) – and much higher than those of its closest peers in population size, China (6) and the U.S. (5).
Typically, more people migrate out of India each year than into it, resulting in negative net migration. India lost about 300,000 people due to migration in 2021, according to the UN Population Division. The UN’s medium variant projections suggest India will continue to experience net negative migration through at least 2100.
But India’s net migration has not always been negative. As recently as 2016, India gained an estimated 68,000 people due to migration (likely to be a result of an increase in asylum-seeking Rohingya fleeing Myanmar). India also recorded increases in net migration on several occasions in the second half of the 20th century.
US President Joe Biden has hailed Air India’s decision to purchase 220 Boeing aircraft and hails it as a ‘historic agreement’. Releasing a statement of Joe Biden, the US said, “The United States can and will lead the world in manufacturing. I am proud to announce today the purchase of over 200 American-made aircraft through a historic agreement between Air India and Boeing.”
Aiming to upgrade its fleet and expand its operations, Tata-owned Air India on 14 February confirmed it will buy a total of 470 wide-body and narrow-body planes from Airbus and Boeing. On February 10th, reports stated that Air India signed agreements with Airbus SE and Boeing Co. for about 250 orders and commitments in total, made up of 210 of the A320 single-aisle family models and 40 A350s wide-bodies.
“The order comprises 40 Airbus A350s, 20 Boeing 787s and 10 Boeing 777-9s wide-body aircraft, as well as 210 Airbus A320/321 Neos and 190 Boeing 737 MAX single-aisle aircraft. The A350 aircraft will be powered by Rolls-Royce engines, and the B777/787s by engines from GE Aerospace. All single-aisle aircraft will be powered by engines from CFM International,” Air India said in an official statement.
“This purchase will support over one million American jobs across 44 states, and many will not require a four-year college degree. This announcement also reflects the strength of the U.S.-India economic partnership,” the statement added.
Apart from this, Biden in his statement expressed hope to deepen partnership even further by continuing to confront shared global challenges and create a more secure and prosperous future for people.
On AI-Boeing deal, PM Modi held telephone conversation with the President of the US Joe Biden on February 14th and expressed satisfaction at the deepening of the India-US Comprehensive Global Strategic Partnership, which has resulted in robust growth in all domains.
Both the leaders welcomed the announcement of a landmark agreement between Air India and Boeing as a shining example of mutually beneficial cooperation that will help create new employment opportunities in both countries. PM Modi also invited Boeing and other US companies to make use of the opportunities arising due to the expanding civil aviation sector in India.
Air India said that the first of the new aircraft will enter service in late-2023, while the bulk are expected to arrive from mid-2025 onwards. Adding more, the AI said that it has already started taking delivery of 11 leased B777 and 25 A320 aircraft to accelerate its fleet and network expansion.
The first of the refitted aircraft – with an entirely new cabin, new seats and inflight entertainment system – will enter service in mid-2024, said AI.
With AI signing MoUs for 68 Trent XWB-97 engines, it has now become the biggest ever order for the Trent XWB-97, which exclusively powers the Airbus A350-1000. Also, AI’s order of 12 Trent XWB-84 engines – the sole engine option for the Airbus A350-900 – is also being considered a huge order. Though no financial details of the order have been disclosed. This is the first time that an Indian airline has ordered the Trent XWB and the deal will make Air India the largest operator of the Trent XWB-97 in the world.
“Today’s announcement marks an exciting and truly remarkable occasion for Tata Group and Air India; the size and magnitude of this order reflects the level of their ambition for the future. I congratulate them on taking this bold step towards becoming one of the world’s greatest airlines and I would like to thank them for putting their trust in Rolls-Royce to power them on this journey,” Rolls-Royce plc’s CEO Tufan Erginbilgic said while sharing his thoughts.
Reacting on the deal, Tata Sons and AI’s Chairman N Chandrasekaran noted Air India is on a large transformation journey. He said, “Air India is on a large transformation journey across safety, customer service, technology, engineering, network and human resources. Modern, efficient fleet is a fundamental component of this transformation.”
“This order is an important step in realising Air India’s ambition, articulated in its Vihaan.AI transformation program, to offer a world class proposition serving global travellers with an Indian heart,” he said.
“These new aircraft will modernize the Airline’s fleet and onboard product and dramatically expand its global network . The growth enabled by this order will also provide unparalled career opportunities for Indian aviation professionals and catalyze accelerated development of the Indian aviation ecosystem,” he added.
The Asian American Hotel Owners Association (AAHOA), the largest hotel owners association in the world with nearly 20,000 members, has announced that it plans to organize the largest ever Trade Show in history atAAHOACON23, April 11-14, 2023.
The 2019 AAHOA Convention & Trade Show, AAHOA’s previous biggest show to date, which celebrated the association’s 30-year anniversary, totaled 77,500 square feet of exhibit space. This year, with many weeks remaining for industry partners to secure space, AAHOACON23 already sits at 81,900 square feet of sold exhibit space, as it has already secured a record level of booth sales for the Tradeshow.
In addition, as of February 8, AAHOA has nearly doubled the registration total of Lifetime Members compared to AAHOACON22, and the organization is still on pace to exceed 2019 registration totals of more than 8,000 attendees, with 60+ days still to go until AAHOACON23.
This is an exciting time for AAHOA, as its annual flagship event, AAHOACON, has historically been the most highly anticipated “Super Bowl” event of the industry – an event created exclusively for hotel owners, with thousands of attendees, world-class entertainment, and hundreds of vendors ready to make deals with hoteliers.
Picture : Hospitality Net
“I’ve been in the exhibition business for a long time, and I’m so impressed to see the enthusiasm, excitement, and response from vendors who are looking to do business with AAHOA Members,” said AAHOA Vice President of Business Development Dennis Smith. “Our team is thrilled to reach this historical milestone, with the ultimate goal of connecting as many AAHOA Members as possible with the product and service providers who can help them make money, save money, protect their investments, and better serve their guests.”
Over the past several decades, AAHOACON has risen to be one of the marquee events in our industry, and is known for bringing hoteliers together for networking, learning, and deal-making on the trade show floor. Each year, million-dollar buying decisions are made at AAHOACON, and with AAHOA Members spending$50 billion with suppliers each year, it’s no surprise.
“I always look forward to the industry’s Super Bowl event, and this year, as I conclude my term as AAHOA Chairman, I’m proud of the work our association has done to prepare for the event and connect even more vendors directly with decision makers,” said AAHOA Chairman Nishant (Neal) Patel. “AAHOA Members spend billions of dollars each year with suppliers, and AAHOA plays an important role in connecting hoteliers directly with those who can help them run a better, more profitable, and more efficient business – AAHOACON is where deals are made.”
In addition to a trade show of historic proportions and projected high levels of attendance, AAHOACON23 will also feature 14 must-see educational sessions, three General Sessions with world class keynote speakers (soon to be announced), and three nights filled with incredible entertainment and top-level networking. As per tradition, on the second day, AAHOACON23 will also feature speeches and debates from the candidates running for the AAHOA Board of Directors.
“Our team has been working around the clock to ensure AAHOACON23 is one of our most successful conventions to date, and I applaud the entire AAHOA Team for helping our organization reach this historical milestone,” said AAHOA President & CEO Laura Lee Blake. “We have a passionate group of team members, board members, and volunteer leaders who bring this event to life each year. As the first AAHOACON in my role as President & CEO, I have directed the team to ensure it is spectacular. I am so looking forward to meeting all of our members and industry partners, and making AAHOACON23 one for the record books.”
The Convention will also feature 14 educational sessions, three General Sessions, and three nights of entertainment and networking. As per tradition, on the second day, AAHOACON23 will also feature speeches and debates from the candidates running for the AAHOA Board of Directors.
AAHOA is the largest hotel owners association in the nation, with Member-owned properties representing a significant part of the U.S. economy. AAHOA’s 20,000 members own 60% of the hotels in the United States and are responsible for 1.7% of the nation’s GDP. More than one million employees work at AAHOA member-owned hotels, earning $47 billion annually, and member-owned hotels support 4.2 million U.S. jobs across all sectors of the hospitality industry. YouthAAHOA’s mission is to advance and protect the business interests of hotel owners through advocacy, industry leadership, professional development, member benefits, and community engagement.
Congressman Ro Khanna, 46, a Democrat who represents California’s 17th Congressional District, is the co-chairman of the Congressional Caucus on India and Indian-Americans, along with his Republican House colleague Mike Waltz (R-Fla) in the 118th Congress.
“The Indian-American diaspora can play such an important role in helping strengthen the US-India partnership. I think this is a historic moment for our community. I think we’re really emerging and coming into our own as a strong voice,” Khanna told the media.
Picture : Newsweek
The India Caucus is a bipartisan coalition of lawmakers that was established in 1993 to bolster New Delhi-Washington relations. Prior to Khanna, Congressman Ami Bera was the first Indian-American to be elected as the co-chair of the Caucus in 2015-2016 during the 115th Congress.
“I’m going to try to make it about not just us India, but also the Indian-American community and highlighting the contributions of that community,” Khanna was quoted to have said.
Indian Americans are the second-largest immigrant group in the US, with their population estimated to be around four million. As the profile of the community has grown, so too has its social, economic, and political influence.
There are presently five Indian Americans serving in the Congress, popularly known as the ‘Samosa Caucus’ — Ami Bera, Ro Khanna, Raja Krishnamoorthi, Pramila Jayapal, and Shri Thanedar. Khanna’s appointment comes amidst reports that he may be looking at a potential presidential run in 2024.
His recent moves have sparked speculation among Democrats in several key states that the Congressman has his eyes set on a higher office, according to Politico. “If President Biden didn’t seek re-election, his name would have to be on the list of top contenders,” Stacey Walker, founder of the Iowa-based firm Sage Strategies, said.
Khanna — son of immigrant parents from Punjab — is seen as one of the leaders of his party’s progressive wing, and a relative newcomer on the scene who has broad appeal and formidable skills.
On US-India relations, he said last month that the relationship between the two democracies could define the 21st century. Khanna had said in November 2022 that the US needs a strong defense and strategic partnership with India, especially in the face of escalating aggression from China. In September last year, he had introduced a standalone bill in the US House of Representatives seeking a waiver to India against the punitive CAATSA sanctions.
Rep. Ro Khanna will be a co-chair of the Congressional Caucus on India and Indian Americans, he said in an exclusive interview last week. Khanna, a Democrat who has been representing California’s 17th Congressional District since 2017, will co-chair the caucus with Rep. Mike Waltz,.
“When I started on this journey, in my 20s, there was a huge novelty to having someone of Indian origin even enter politics,” he said. “The Indian American diaspora can play such an important role in helping strengthen the U.S.-India partnership. … I think this is a historic moment for our community. I think we’re really emerging and coming into our own as a strong voice.”
The caucus, which was established in 1993 to strengthen relations between the U.S. and India, was previously chaired by Rep. Brad Sherman, D-Calif., and former Rep. Steve Chabot, R-Ohio. Khanna said he hopes to take the caucus beyond its original goal. The Indian diaspora in the U.S. has its own unique needs, he said, and the position could be an opportunity to bring them to the forefront.
“I’m going to try to make it about not just us India, but also the Indian American community and highlighting the contributions of that community,” he said. “I think being Indian America and being part of the community, knowing so many of the community leaders, knowing the passions and interests of young people, I’ll be able to do that.”
Khanna said that having spent much of his career in Northern California’s Silicon Valley, he has been immersed in Indian American issues for years. The rising tide of Hindu nationalism is on the forefront of the diaspora’s collective consciousness; from professional spheres to college campuses, reports of Islamophobia and casteism abound in South Asian spaces.
Khanna hasn’t shied away from such conversations, and his vocalness has sparked outrage from right-wing Indian Americans. In 2019, 230 Hindu and Indian American entities wrote letter criticizing Khanna for denouncing Hindu nationalism (also known as Hindutva) and for advocating religious equality on the subcontinent.
“It’s the duty of every American politician of Hindu faith to stand for pluralism, reject Hindutva, and speak for equal rights for Hindus, Muslims, Sikhs, Buddhist & Christians,” Khanna tweeted at the time.
They also criticized Khanna for joining the Congressional Pakistan Caucus and for speaking out against Indian Prime Minister Narendra Modi’s revoking the state of Kashmir’s autonomy.
“Of course, we have to fulfill the strategic partnership and we have to respect the democratically elected leadership in India,” Khanna told NBC News. “I will work to strengthen that while also upholding these human rights values.”
“When I started on this journey, in my 20s, there was a huge novelty to having someone of Indian origin even enter politics,” he said. “The Indian American diaspora can play such an important role in helping strengthen the U.S.-India partnership. … I think this is a historic moment for our community. I think we’re really emerging and coming into our own as a strong voice.”
“Of course, we have to fulfill the strategic partnership and we have to respect the democratically elected leadership in India,” Khanna told NBC News. “I will work to strengthen that while also upholding these human rights values.”
“These kids of H1B are like the Dreamers,” Khanna said. “You have kids who came here when they were 2 or 3. They don’t have citizenship. … Even though they have grown up their whole life here, they’re in a vulnerable position.”
With both Republican and Democratic representatives serving on the India Caucus, including Khanna’s co-chair Rep. Mike Waltz, R-Fla., Khanna is aiming to mobilize bipartisan support for safeguarding young adults who find themselves in this position.
Khanna held a town hall on Saturday, bringing awareness to Asian American and Pacific Islanders’ mental health in the wake of the deadly shootings in Monterey Park and Half Moon Bay, California. Though the shooters in both cases were Asian men, Khanna said they amplified a mounting fear of simply existing in community spaces once considered safe.
With numerous high-profile acts of violence against Asians in the last few years, community members are feeling more “distant” from America than ever, he said.
“We had so much outreach to our office from constituents…people afraid, concerned, anxious about being Asian American in the United States,” he said. “These shootings, even though the perpetrator was Asian American, I think they triggered for so many in our community a sense of vulnerability.”
Khanna says taking on this greater role in the India Caucus feels like the culmination of generations of work in the public sphere. His grandfather Amarnath Vidyalankar spent his life fighting for India’s independence from British rule, even spending a few years in jail for the cause. Vidyalankar became a member of India’s first Parliament after independence in 1947.
Growing up with this knowledge has shaped Khanna’s strong beliefs in equality and religious freedom, he said, something he hopes to bring with him while chairing the caucus. “Because of my grandfather, I was influenced by Gandhi’s thinking, by Nehru’s beautiful speeches about liberal democracy, about pluralism,” he said. “Those are the values I champion. … I’ve spoken out where I think those values are being challenged.”
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(ZENIT News – ACN/Madrid)- Today, more than 360 million Christians experience high levels of persecution and discrimination, according to the Report presented by the Evangelical Christian organization Open Doors “World Watch List of Persecution 2023.” Moreover, throughout the world one out of every seven Christians is persecuted or discriminated because of his faith. According to Ted Blake, Director of Open Doors in Spain, “this figure is one out of five in Africa, two out of five in Asia and one out of 15 in Latin America.”
Picture : TheUNN
Another important conclusion of the study is that Sub-Saharan Africa is facing an enormous humanitarian disaster given the wave of religious violence, whose epicentre is in Nigeria, which has extended to the whole region and which is directed against Christian populations.
“For 30 years we have been presenting annually this World List of Persecution, and never before have we had such high levels of persecution as now,” said Ted Blake.
North Korea occupies the first place in the persecution of Christians, with the highest levels of persecution in its history. The increase is due to the new wave of arrests in virtue of its recent “Law Against Reactionary Thought.” The other countries occupying the first places in the Report are: Somalia, Yemen, Eritrea, Libya, Nigeria, Pakistan, Iran, Afghanistan and Sudan.
The Christian presence continues to decrease in the Middle East, according to Open Doors. It hasn’t been able to recover after the boom of the Islamic State, despite the slight decrease in the number of murdered Christians (with the exception of Syria, which has suffered a wave of violent incidents). “This is the cradle of Christianity and a great part of the Church is losing hope: the discrimination and poverty regime is too heavy to endure, especially for young people who don’t see a future here as believers,” according to Rami Abed Al-Masih, Regional Director of Open Doors’ Legal Defense for the Middle East and North Africa.
Nicaragua is yet another Latin American country to enter the list. Organized crime is being entrenched especially in rural areas where Christians denounce the activities of the cartels. Meanwhile, the Government’s direct oppression of Christians, considered to be the voice of opposition, is widespread in Nicaragua, Venezuela and Cuba, country where Evangelical Christian leaders were imprisoned without a trial for their participation in last year’s protests.
Improvement Data
Picture : TheUNN
The total number of murdered Christians due to their faith decreased slightly from 5,898 in the 2022 edition of the Report to 5,621 cases registered at present, with the clear exception of Sub-Saharan Africa, as pointed out earlier. The total number of attacked churches under different levels of violence decreased from 5,110 (LMP, 2022) to 2,110 registered cases (LMP, 2023). As the world returns to a degree ”to normality after the pandemic, there seems to be a certain stabilization of violence, although the exact reason for it is the object of discussion and it’s not considered very probable that it forms part of a continued tendency.
Greater tolerance has been promoted in certain countries of the Gulf. Persecution decreased in Bahrein, the United Arab Emirates and Egypt. In Qatar persecution also has decreased this year, although this might be due to the massive closing of churches during 2022, which continue closed this year.
Can India create a higher education system worthy of its aspirations as a full-fledged knowledge economy? That’s still to be determined. But India is on the verge of taking a major, long-awaited first step in the right direction: With the recent release of draft rules by the country’s higher education regulator – the University Grants Commission – India is moving closer to allowing high-quality foreign universities to set up campuses to help meet the country’s growing appetite for advanced education.
Crucially, under the rules, which will have to be approved by Parliament, foreign universities would get the freedom to decide their own curriculums, fix fees and hire faculty at terms of their choosing. They would even be allowed to repatriate earnings. That all might seem underwhelming to readers accustomed to the U.S. system. But it would be a radical – and, eventually, perhaps game-changing – shift for India.
And India’s higher education system badly needs shaking up. Setting aside issues of quality (as if those can be set aside), India does not come close to providing sufficient seats to those aspiring to higher education – a glaring shortcoming as India’s burgeoning middle class strives to prepare their children for the opportunities of the future.
India’s system has its successes, of course, but they are narrow. Just nine Indian higher education institutions made the top 500 of the most recent QS World University Rankings. The top one – the Indian Institute of Science (at 155) – is a highly specialized institution focused on postgraduate studies and research in the sciences. The other eight are part of the well-known Indian Institutes of Technology, which specialize in engineering. The highest-ranked comprehensive university was the University of Delhi, falling in the 520s.
That is simply not good enough. All told, India has just over 1,000 institutions of higher learning. China, with a similar population, has three times that. The United States, with a much smaller population, has four times as many.
India’s gross enrollment ratio for higher education – the percentage of college-age adults who are enrolled – is around 27 percent, much lower than in advanced economies and even other emerging economies such as Brazil and China. Expect that figure to increase. If the supply of higher education cannot keep pace, more students will look overseas, as so many already do. Canada, the United States, Australia and Britain are primary destinations. The “import” of higher education from other English-speaking countries makes no sense for a country that prides itself on a service-based economy and its English language advantage. Education should be a sector that provides export earnings.
So, what’s the problem? Overregulation, as with so much of the Indian economy. Other parts of the economy have been liberalized over the years, but not higher ed.
More than half of Indian colleges and universities are government-run – around 200 by the federal government and 400 by state governments. Of course, it is not uncommon for countries to have large public university systems. But India grants little autonomy to such institutions, which have no freedom to set tuition and fees – kept artificially low by the pressures of populist politics.
Thus, institutions are totally dependent on the government for funding, eroding what autonomy exists on paper. The federal and state governments have serious fiscal constraints, and higher education always struggles in the competition for resources. Faculty salaries are benchmarked with civil servants, but at a somewhat lower level; tenure and promotions are based on service time, not merit. There is no way to reward stellar talent.
Private universities, too, are overly regulated and cannot operate for profit. That deters the best entrepreneurs from entering the sector.
Critics argue that allowing in foreign universities will not solve the problem, and it’s true it won’t be a cure-all. But if even a small number of acclaimed universities establish campuses, it would both improve overall quality and inject some competition into a sector that badly needs it. It should also induce more top academic talent to stay in India.
More important, it would set a precedent that Indian universities, both public and private, can and will use to argue for greater liberalization and freedom. They will push for a level playing field, which will eventually be granted. In the long run, high-quality foreign university campuses and improved Indian institutions can attract students from Africa and elsewhere in Asia, turning higher ed into the growth-and-jobs pillar that it should be in a world-leading economy.
Of course, it would be better if Indian institutions could get the benefits of change before, or at least alongside, foreign universities. But in India’s reform-resistant system, sometimes all you can do is open one window at a time.
Dhiraj Nayyar is the director for economics and policy at Vedanta Resources, whose philanthropic arm runs three not-for-profit colleges in India.
(IPS) – Few policymakers ever claim credit for causing stagnation and recessions. Yet, they do so all the time, justifying their actions by some supposedly higher purpose. Now, that higher purpose is checking inflation as if it is the worst option for people today. Many supposed economists make up tall tales that inflation causes economic contraction which ordinary mortals do not know or understand.
Inflating inflation’s significance
Since early 2022, like many others in the world, Americans have been preoccupied with inflation. But official US data show inflation has been slowing since mid-2022.
Recent trends since mid-2022 are clear. Inflation is no longer accelerating, but slowing. And for most economists, only accelerating inflation gives cause for concern.
Annualized inflation since has only been slightly above the official, but nonetheless arbitrary 2% inflation target of most Western central banks.
At its peak, the brief inflationary surge, in the second quarter of last year, undoubtedly reached the “highest (price) levels since the early 1980s” because of the way it is measured.
After decades of ‘financialization’, the public and politicians unwittingly support moneyed interests who want to minimize inflation to make the most of their financial assets.
War and price
Russia’s aggression against Ukraine began last February, with retaliatory sanctions following suit. Both have disrupted supplies, especially of fuel and food. The inflation spike in the four months after the Russian invasion was mainly due to ‘supply shocks’.
Price increases were triggered by the war and retaliatory sanctions, especially for fuel, food and fertilizer. Although no longer accelerating, prices remain higher than a year before.
To be sure, price pressures had been building up with other supply disruptions. Also, demand has been changing with the new Cold War against China, the Covid-19 pandemic and ‘recovery’, and credit tightening in the last year.
There is little evidence of any more major accelerating factors. There is no ‘wage-price spiral’ as prices have recently been rising more than wages despite government efforts ensuring full employment since the 2008 global financial crisis.
Despite difficulties due to inflation, tens of millions of Americans are better off than before, e.g., with the ten million jobs created in the last two years. Under Biden, wages for poorly paid workers have risen faster than consumer prices.
Higher borrowing costs have also weakened the lot of working people everywhere. Such adverse consequences would be much less likely if the public better understood recent price increases, available policy options and their consequences.
With the notable exception of the Bank of Japan, most other major central banks have been playing ‘catch-up’ with the US Federal Reserve interest rate hikes. To be sure, inflation has already been falling for many reasons, largely unrelated to them.
Making stagnation
But higher borrowing costs have reduced spending, for both consumption and investment. This has hastened economic slowdown worldwide following more than a decade of largely lackluster growth since the 2008 global financial crisis.
Ill-advised earlier policies now limit what governments can do in response. With the Fed sharply raising interest rates over the last year, developing country central banks have been trying, typically in vain, to stem capital outflows to the US and other ‘safe havens’ raising interest rates.
Having opened their capital accounts following foreign advice, developing country central banks always offer higher raise interest rates, hoping more capital will flow in rather than out.
Interestingly, conservative US economists Milton Friedman and Ben Bernanke have shown the Fed has worsened past US downturns by raising interest rates, instead of supporting enterprises in their time of need.
Four decades ago, increased servicing costs triggered government debt crises in Latin America and Africa, condemning them to ‘lost decades’. Policy conditions were then imposed by the International Monetary Fund and World Bank for access to emergency loans.
Globalization double-edged
Economic globalization policies at the turn of the century are being significantly reversed, with devastating consequences for developing countries after they opened their economies to foreign trade and investment.
Encouraging foreign portfolio investment has increasingly been at the expense of ‘greenfield’ foreign direct investment enhancing new economic capacities and capabilities.
The new Cold War has arguably involved more economic weapons, e.g., sanctions, than the earlier one. Trump’s and Japanese ‘reshoring’ and ‘friend-shoring’ discriminate among investors, remaking ‘value’ or ‘supply chains’.
Arguably, establishing the World Trade Organization in 1995 was the high water mark for multilateral trade liberalization, setting a ‘one size fits all’ approach for all, regardless of means. More recently, Biden has continued Trump’s reversal of earlier trade liberalization, even at the regional level.
1995 also saw strengthening intellectual property rights internationally, limiting technology transfers and progress. Recent ‘trade conflicts’ increasingly involve access to high technology, e.g., in the case of Huawei, TSMC and Samsung.
With declining direct tax rates almost worldwide, governments face more budget constraints. The last year has seen these diminished fiscal means massively diverted for military spending and strategic ends, cutting resources for development, sustainability, equity and humanitarian ends.
In this context, the new international antagonisms conspire to make this a ‘perfect storm’ of economic stagnation and regression. Hence, those striving for international peace and cooperation may well be our best hope against the ‘new barbarism’. (IPS UN Bureau)
In the United States, the Welfare Reform in 1996 dramatically changed welfare participation rules by imposing restrictions on immigrant welfare use.
Several studies have been conducted to asses the use of welfare programs by different ethnic groups in the US. An immigrant in the United States consumed 27.3 per cent less welfare than native-born Americans, the public policy think tank, Cato Institute said in its report. The report called for further reforms to reduce expenditure on welfare by building a higher wall around the concept of the ‘welfare state’ than around the country.
According to the report, the average value of welfare benefits per immigrant was $6,063 in 2020, or 27.3 percent less than the $8,335 average for native‐born Americans.
Immigrants consumed 36.9 percent less Social Security, 26 percent less Medicare, 10.7 percent less Medicaid, 11.5 percent less SNAP benefits, and 87.6 percent less TANF benefits than native‐born Americans on a per capita basis. However, immigrants consumed 11.4 percent more in SSI benefits than natives, which translates to $19 more than natives on a per capita basis. Immigrants individually also consumed 42.9 percent more WIC benefits than native‐born Americans, which translates to $7 more than natives per capita.
On the other hand, ssing data from 1995 to 2018, Huang and colleagues investigated the effects of demographic factors, macroeconomic trends, and policies on the welfare participation gap between immigrants and natives in the US.
This study covered 24 years of data, spanning times of economic recessions and recoveries, changes in welfare policy regimes, and policies towards immigrants. The authors found that immigrants’ participation in means-tested programs would have been much less overall and greatly below those of natives, after adjusting for individual characteristics such as educational attainment. This article was published in Population Research and Policy Review, a leading interdisciplinary international journal of population research.
The study also found that business cycles impact immigrant and native welfare participation differently. Immigrant participation in Temporary Assistance to Needy Families, Supplemental Nutritional Assistance Program, and State Children’s Health Insurance Program are more sensitive to the business cycle than native participation, providing some evidence that immigrant “dependence” on safety net programs is temporary and closely linked to the economy.
The lead author, Xiaoning Huang, is a doctoral candidate at Columbia School of Social Work and a fellow at Columbia China Center for Social Policy. The coauthors are Dr. Neeraj Kaushal, professor at Columbia School of Social Work, and Dr. Julia Shu-Huah Wang, assistant professor at the University of Hong Kong and an associate at Columbia China Center for Social Policy.
On the policy front, the analysis suggested that program eligibility explains only a modest proportion of the overall immigrant-native gap in welfare use. This finding offers an alternate perspective to supplement previous research that has found substantial impacts of policy on welfare use. While the restrictive welfare policies can significantly influence welfare use, the rules are not as consequential as an individual and household characteristics in “explaining” the difference in immigrant and native households’ welfare participation.
These findings underline the limits of restrictive welfare policies, advocate for better social safety net programs to protect immigrants and their children from economic downturns and adverse health events, and support inclusive policies such as DACA and the DREAM Act to invest in immigrants’ human capital development.
The Supreme Court of India has directed the Central Government led by Narendra Modi to produce original records relating to its decision to block a BBC documentary on the 2002 Gujarat riots. However, it turned down a plea for an interim order to direct the government to make public its gag order and said the matter would be examined on the next date of hearing.
Petitions
The top court issued notices to the government and others on pleas filed by veteran journalist N Ram, Trinamool Congress MP Mahua Moitra, activist-lawyer Prashant Bhushan and lawyer M L Sharma.
Emergency powers
The SC asked the petitioners why they did not approach the high court in the matter. Senior advocate CU Singh, appearing for Ram and the others, submitted that the government has invoked the emergency powers under the Information Technology (IT) Rules to block the documentary. The Supreme Court said it is also a fact that people have been accessing the documentary.
‘Arbitrary & unconstitutional’
One of the petitioners has also alleged that the ban on the documentary ‘India: The Modi question’ was “malafide, arbitrary and unconstitutional”.
Freedom of press
Ram and others, in their pleas, have sought a direction to restrain the government from curbing their right to “receive and disseminate information” on the documentary.
The contents of the BBC documentary are protected under Article 19(1)(a) (freedom of speech and expression) of the Constitution, the plea said, adding that the contents of the series do not fall under any of the restrictions specified in Article 19(2).
Reacting strongly after Ram filed his plea, India’s Law Minister Kiren Rijiju had tweeted, “This is how they waste the precious time of Hon’ble Supreme Court where thousands of common citizens are waiting and seeking dates for justice.”
Both the Houses of India’s parliament were adjourned on Friday last week amid chaotic scenes as some lawmakers demanded an inquiry following the meltdown of shares in billionaire Gautam Adani’s group companies, which some fear could spark wider financial turmoil. Opposition parties continue to highlight that Life Insurance Corporations (LIC) of India’s and State Bank of India’s (SBI) high exposure to stocks in the Adani Group can have wider economic repercussions.
Picture : Bloomberg
Shares in Adani companies recovered after sharp falls, but the seven listed firms have still lost about half their market value – or more than $100 billion combined – since U.S. short-seller Hindenburg Research last week accused the group of stock manipulation and unsustainable debt, Reuters reported.
The Reserve Bank of India on Friday said India’s banking sector is “resilient and stable” and the central bank maintains constant vigil on the lenders, in a statement issued in the light of the Adani crisis, triggered by a US-based short seller’s allegations of stock manipulation, fraud and use of tax havens by the Adani Group.
The stock rout led to Adani Group losing around $108 billion since Hindenburg Research published its report on January 24. But signs of recovery were visible on Friday.
But the government differs
Talking about the risks to the Indian banking system and lenders emanating from the ongoing crisis, Finance Minister Nirmala Sitharaman on Friday said that the country’s banking system is in a sound position. “They (LIC and SBI) have very clearly said that their exposure (to Adani Group stocks) is very well within the permitted limits and with valuation falling as well, they are still over profit. That is the word from the horse’s mouth,” Sitharaman said in an interview with CNBC-TV18.
The stock market turmoil created by the rout in Adani group shares is a “storm in a teacup” from a macroeconomic point of view, finance secretary TV Somanathan said on Friday, emphasising that India’s public financial system is robust. The senior-most bureaucrat in the finance ministry also said that movements in the stock market per se is not the government’s concern and there are independent regulators to take necessary action. Read more here.
Shubman Gill, considered as the future of Indian cricket has proved that he does belong to the T20 internationals, scoring his maiden century in the format in the 3rd and final T20I of the series against New Zealand. Gill, who had famously scored a double hundred in the ODIs against the Kiwis earlier, reached the triple-digit score in the shortest format for the first time in his career. Gill completed his century in just 54 balls, becoming the 5th Indian to score a T20I hundred.
Picture : The12th Man
Gill, who ended his innings at 126, has now registered the highest score for an Indian in T20 internationals. Earlier, Virat Kohli held the record for scoring the highest-score for an Indian in T20Is. Kohli had scored an unbeaten 122 against Afghanistan in the Asia Cup. Gill surpassed him in the match against the Kiwis.
Gill continued his fine form and showcased his array of shots, hitting the New Zealand bowlers to all parts of the Narendra Modi Stadium to score 126 not out off just 63 balls balls with the help of 12 fours and seven sixes.
But the start was far from rosy for India after electing to bat as Mitchell Santner made a master-stroke decision by handing Michael Bracewell the second over and the off-spinner reposed his captain’s faith by removing an out-of-form Ishan Kishan, who was adjudged LBW with the second ball of the over.
In-form Gill struck two boundaries off Lockie Ferguson in the next over. He was at his ominous best, be it pick up hits, drives or pulls to continue his onslaught.
Gill has been receiving plenty of criticism for his performances in the shortest format for India of late. With someone like Prithvi Shaw waiting on the bench, former India cricketer Gautam Gambhir had said that Gill’s “basic game” doesn’t suit the shortest format as much as Shaw’s does.
“I feel Shubman Gill has to get better against spin, on a spinning wicket. He had his struggles against Bangladesh as well. Yes, he has been fabulous in the 50-over format, got good wickets to bat on, with 5 fielders inside, But then, you’ve got to get better when the ball starts spinning, gripping and bouncing as well. He will get tested, not only against seam but spin as well,” Gambhir said on Star Sports.
“He still hasn’t found his feet in T20 format, when it comes to playing international cricket. Sometimes you have to play at a different tempo. His basic game suits 50-over format. Someone like Prithvi Shaw, his basic instinctive game is made for T20 cricket. Shubman Gill is someone whose basic game is made for 50-over format. How quickly he learns and adapts to this format will decide whether he will be able to play all the three formats,” Gambhir asserted. However, with his performance against New Zealand in Ahmedabad, Gill has proved that can be a superstar in the shortest format too.
As the rout in Adani group’s stocks triggered by short seller Hindenburg Research’s allegations touched $92 billion on Wednesday, as per news agency Bloomberg, business tycoon Gautam Adani lost his status as the world’s richest Indian to fellow Gujarati businessman and Reliance Industries chairman Mukesh Ambani.
The richest
Sixty-year-old Adani has now been pushed to the No. 15 spot on the list of world’s richest billionaires, compiled by Forbes, with his wealth now estimated at $75.1 billion. Sixty-five-year-old Ambani is at 9th position with a net worth of $83.7 billion. Over the last three years, Ambani and Adani have swapped positions as world’s richest Indian on several occasions.
With that, Ambani also became the world’s richest man from Asia, sharing the top-ten space in the Forbes list of billionaires with Elon Musk, Jeff Bezos, Larry Ellison, Warren Buffet, Bill Gates and Larry Page among others.
Brotherhood of billionaires
Adani groups, on Tuesday, secured a $2.5 billion share sale amid the short-seller storm, triggered by allegations of stock manipulation, accounting fraud and use of tax havens against the conglomerate.
While the heavy lifting was done by a $400 million investment from a conglomerate based in Abu Dhabi, a few other uber-rich surprisingly came to the last-minute defense of their compatriot.
People who’re neither financial institutions nor small investors bid for 3.3 times the stock reserved for them as a class. A Delhi-based industrialist, three Gujarati pharmaceuticals billionaires and a steel magnate from Mumbai were among the share sale’s white knights, according to the Economic Times. Read more here.
But, FPO cancelled
However, Adani Enterprises sprung up a surprise on Wednesday evening, announcing that it has “decided not to go ahead with the fully-subscribed Follow-on Public Offer” and assured that all proceeds will be refunded to investors. In a statement, it cited “unprecedented” market fluctuations and “extraordinary circumstances” to conclude that going ahead would not be “morally correct”.
Kumar Gallery is pleased to present 27 MASTERS, a group show of master artists spanning from the Bengal school, J P Gangooly, Jamini Roy, Bireswar Sen; to Progressives M F Husain, F N Souza, S H Raza, Krishen Khanna, K H Ara, Ram Kumar, Akbar Padamsee; to tantric abstractionists G R Santosh, Biren De, Sohan Qadri; to important modernists K S Kulkarni, N S Bendre, A Ramachandran, J Swaminathan, B Prabha, Satish Gujral, Sakti Burman, George Keyt, A P Santhanaraj, Badri Narayan, Jatin Das; to eminent sculptors Amar Nath Sehgal, Prodosh Das Gupta, Sankho Chaudhuri, and Dhanraj Bhagat.
Picture : TheUNN
Works in the exhibition span themes relevant to 2023. Ramachandran’s Visions of War, with its reflections on propaganda, ideology, religion, history, and the specter of nuclear war has never since World War II been more relevant on account of the Ukraine War. The exhibition invites viewers to further reflect upon themes of the vitality of life as expressed through sexuality in art, the historical socioeconomic fabric of India, and the integration of philosophy into modern life.
Exhibition opens online on February 5th 5PM IST. Select works will be on exhibit at Kumar Gallery Hotel Hyatt Regency & Kumar Gallery Sainik Farms (By Appointment)
Mr. Virendra Kumar Jain of Kumar Gallery is the pioneer in promoting contemporary Indian art in our country as well as abroad. Most of the top ranking artists of today owe their beginnings to him. It was due to relentless efforts Kumar made in creating awareness of modern vocabulary of the mode of painting that has made it possible for most of us to find a niche in the history of world art. What our society has gained through such developments is too obvious to mention. – Satish Gujral
This essay pays tribute to a champion and great supporter of Modern Indian Art, Shri Virendra Kumar, founder of Kumar Gallery. With the dizzying ascent and soaring value of the market for Modern Indian Art in recent years, it is all too easy for connoisseurs to defer to price as a proxy for aesthetic value. Yet Modern was once Contemporary, and there was a time when the evolution of style was the result of a hard-won struggle against the prevailing commercial trends. It was precisely at those crossroads in the history of India that Virendra acted as the principal tastemaker and visionary patron for serious, avant-garde artistic expression.
Picture : TheUNN
Virendra Kumar was born on 26 January 1933 to an illustrious and philanthropic Jain family. For generations the family had provided patronage to musicians, sculptors, and painters, architects and had commissioned numerous temples. Most notable amongst direct patrilineal ancestors of the family were Raja Harsukh Rai (1740 – 1807) and his great grandfather Deep Chand Sah, who respectively built the Naya Mandir and Lal Mandir in Delhi, and the latter of whom was the treasurer for the Mughal Emperor Shah Jahan. Oral histories of the family trace the lineage back further to influential Jain traders during the Tomara dynasty (8th – 12th centuries), principally located in the area where the Qutb Minar is now located.
In many ways, known and unknown, the shape of what we now understand as Modern Indian Art was shaped by the efforts of Virendra Kumar and his brothers at Kumar Gallery. Their contributions as promoters and tastemakers came precisely at the hour of need for the first generation of contemporary artists in independent India’s.
Virendra’s comprehensive patronage and unwavering belief that Indian artists could compete with their Western contemporaries was the quintessential catalyst that manifested the latent potential of India’s nascent artistic ecosystem. In recognition of the role that Virendra Kumar played, and in appreciation of his sincerity and resolve, M.F. Husain, termed him, ‘The Kahnweiller of Indian Contemporary Art.’ For more details, please visit: https://kumargallery.com/about-us/
The U.S. military shot down a suspected Chinese spy balloon off the coast of South Carolina on Saturday afternoon, the Pentagon said, while China called the downing an overreaction.
“On Wednesday, President Biden gave his authorization to take down the surveillance balloon as soon as the mission could be accomplished without undue risk to American lives under the balloon’s path,” U.S. Secretary of Defense Lloyd Austin said in a statement.
Austin said military commanders “had determined downing the balloon while over land posed an undue risk to people across a wide area due to the size and altitude of the balloon and its surveillance payload.”
Speaking on Saturday, President Biden told reporters he gave the order on Wednesday. U.S. officials “said to me, ‘Let’s wait ’til the safest place to do it,’ ” he said. “They successfully took it down, and I want to compliment our aviators who did it,” Biden added.
The downing came shortly after the Federal Aviation Administration said it had “paused departures from and arrivals to” three East Coast airports — in Wilmington, N.C., Myrtle Beach, S.C., and Charleston, S.C. — “to support the Department of Defense in a national security effort.” Flights through these airports resumed shortly after 3 p.m.
China responds with “dissatisfaction and protest”
Picture : The Drive
U.S. and Chinese officials have given conflicting information on the balloon’s purpose. The Chinese government said the balloon is strictly used for meteorological research and accidentally went adrift into U.S. airspace. China’s foreign ministry on Saturday expressed “strong dissatisfaction and protest” over what it called the U.S.’s “use of force to attack a civilian unmanned airship.” It called the shooting down an “obvious overreaction and a serious violation of international practice.”
U.S. officials earlier this week decided against shooting down the balloon after the Biden administration said it did not pose a national security threat. The Pentagon shared reports on Friday of a second balloon, belonging to China, that could be seen floating over Latin America. Colombia’s Air Force said on Saturday that an object with characteristics of a balloon had traveled through its airspace on Friday.
The balloon traveling through the U.S. quickly became an internet celebrity as meteorologists, storm chasers and others shared sightings on social media as it continued on its path across the U.S. Others criticized the Biden administration for not taking quicker actions to stop it.
“The China balloon flying over the U.S. is a direct assault on our national sovereignty,” Texas Gov. Greg Abbott tweeted on Friday. “Biden’s refusal to stop it is a dereliction of duty. From flying balloons to open borders, Biden has no regard for our national security and sovereignty.”
After its downing on Saturday, Republican Sen. Tim Scott of South Carolina said it “should have been shot down before it crossed the continental United States, not after. We still don’t know what information was collected and where it was sent,” he said. “This was a dereliction of Biden’s duty, and let’s hope the American people don’t pay a price.”
Austin praised Biden’s decision to shoot down the balloon. The Canadian government assisted in the “tracking and analysis of the balloon,” according to Austin.
“Today’s deliberate and lawful action demonstrates that President Biden and his national security team will always put the safety and security of the American people first while responding effectively to the PRC’s unacceptable violation of our sovereignty,” he said in the statement.
On Saturday, people shared sightings of the balloon on social media. Earlier, in South Carolina, the York County Sheriff’s Office tweeted that the balloon was more than 60,000 feet in the air and urged people not to take matters into their own hands. “Don’t try to shoot it!!” the office tweeted. “Your rifle rounds WILL NOT reach it. Be responsible. What goes up will come down, including your bullets.”
Stocks have surged since the start of the year.The Nasdaq is up nearly 15% this year after posting its best January since 2001. And it’s not just stocks: bonds have risenand even bitcoin has made a roaring comeback, though all markets fell a tad on Friday.
This is all after a miserable 2022, when markets were hit hard by fears about surging inflation and about how the Federal Reserve was fighting it, with the biggest increases in the country’s interest rates since the early 1980s.
Today, hope has replaced that fear. Inflation has eased substantially and investors now believe the Fed will soon stop raising interest rates – and even cut them later this year to prop up a sagging economy.
And many on Wall Street no longer dread the worst about the economy, turning from their predictions of a big recession to hope that any downturn will be mild, or even that a recession may not happen at all.
But should there be this much optimism? Here’s why Wall Street is getting so excited about the economy – and why others believe it may end in tears.
The case for hope
The recent Wall Street gains could perhaps be explained in a single word: inflation. There are plenty of signs that inflation is starting to ease substantially after reaching its highest levels in around 40 years last year.
Consumer prices rose at an annual rate of 6.5% in December, down from a peak of 9.1% in June. The Fed’s preferred inflation yardstick is also down substantially from its recent peak.
And economists are hopeful inflation will continue to ease. Supply chains, for example, have improved. And wage gains have softened in recent months, allaying economists’ worries that rising wages could push up prices.
Prices are still high, of course, in fact, too high for the Fed’s comfort. But even Fed Chair Jerome Powell is expressing some hope about inflation while warning, repeatedly, that the fight against inflation is far from done.
Recession? What recession?
Then, there are the shifting views on the economy. In 2022, markets were bracing for the worst as they looked to history.
In the past, the Fed’s aggressive interest rate hikes to tame inflation have sparked recessions.
Higher interest rates can have all kinds of negative effects on the economy: mortgages get more expensive, which hurt the housing market; companies pull back on spending; and so forth.
But now, many on Wall Street believe any recession could be mild, like the short one during the pandemic in 2020 that barely made a blip in the markets (the S&P500 surged 16% that year, while the Nasdaq soared 44%).
Some economists even believe the economy may not suffer a recession at all, slowing down into a “soft landing,” or avoiding a contraction and a spike in unemployment.
That optimism is not completely unjustified.
For one, the labor market is very strong. Data on Friday showed U.S. employers added a whopping 517,000 jobs, much stronger than most forecasts, while the unemployment rate dropped to a 53-year low.
“The labor market continues to be very resilient with no clear signs of stopping yet,” investment bank Morgan Stanley said in a note to clients on Friday.
Investors are also taking comfort in earnings, which have largely proven resilient, though there are exceptions, notably, in the technology sector.
GM, for example, reported this week a surge in profits in the most recent quarter. Then again… There is one big downer in the market, however: the Fed. Some optimists believe the Fed will make an abrupt U-Turn and pivot to cutting interest rates as early as this year, after raising them one last time, likely at its March meeting.
That would mean the Fed would go from fighting inflation by slowing down the economy to doing exactly the opposite — revving up that very same economy with cheaper, easier borrowing.
The big issue with that premise? That’s not what the Fed is saying it plans to do at all. Powell, in his news conference on Wednesday may have sounded hopeful about the economy, but he also said it’s way too premature to declare victory against inflation, and he reiterated the Fed has no intention of cutting interest rates any time soon.
The message does not appear to be swaying the optimists on Wall Street so far, however. Some investors still believe the Fed is being too cautious about inflation. After all, the central bank for months played down inflation by calling it “transitory” until it suddenly reversed course and aggressively raised interest rates.
“The Fed is still firmly in the driver’s seat, but the market continues to fight the Fed, believing that they will pause and/or cut rates much sooner than they’ve guided,” said Amanda Agati, the Chief Investment Officer of PNC Financial Services.
The Fed is the most powerful economic player in the world, with the ability to move markets from New York to Hong Kong with a single word.
And so far, the Fed has said, clearly, that the fight against inflation will go on. And is the economy really that strong, anyway?
Then, beyond the Fed, there’s the risk that plenty can still go wrong for the economy. For one, inflation could prove much more entrenched than the Wall Street bulls expect.
A strong labor market is great for workers, but it remains a major worry for the Fed given that it can keep inflation elevated, forcing companies keep wages high and fueling more consumer spending by those who are employed.
Furthermore, there’s plenty of other data that raises the prospect that the economy could end up hitting a recession after all.
The housing market, for example, has taken a major hit since the Fed started raising rates. And retail sales are showing signs of declining, a big concern in an economy so reliant on consumer spending. Market bulls are fond of noting that “as goes January, so goes the year,” an expression that refers to a historic trend in which strong January gains tend to portend a good year for Wall Street.
But that’s not always the case. In 2001, the Nasdaq similarly rallied in January, ending the month up 12%. It did not end well. The economy skidded into a recession, and the Nasdaq slumped a whopping 30% over the next 11 months, with losses magnified by the Sept. 11 attacks. As it turns out, all that optimism in January 2001, proved to have been misplaced.
US visa applications can be accepted outside India
With many travelers still years behind on getting their US visa appointment, the United States is making every effort to shorten this duration. In its latest initiative to cut the backlog, the US Embassy in India has announced that those planning a trip to the Americas can now apply for a business or tourist visa through the US embassy or consulate of another country.
Most people applying for US visas right now have over 500 days of wait time until their appointment. Citing the example of Thailand, the US embassy in India tweeted, “Do you have upcoming international travel? If so, you may be able to get a visa appointment at the U.S. Embassy or Consulate in your destination.
For example, @USEmbassyBKK has opened B1/B2 appointment capacity for Indians who will be in Thailand in the coming months.” Meanwhile, the embassy has also announced that applications to renew US visas can be submitted via file-hosting service Dropbox now, while clarifying that renewal requests would not be accepted via e-mails.
More than 1 lakh visa applications have been processed in the month of January alone this year, which is more than any month since July 2019, the mission noted.
The US embassy and its consulates in India are preparing to receive a fresh record number of visa applications from students, according to a PTI report. US embassy and consulates in India already broke their all-time record for the number of student visas issued in a single year in 2022, top US State department official Ned Price had earlier informed.
The country is also expecting other visa applications to increase – to around 1.2 million this year – making India the second-largest country for US visa ops after China, as per the PTI report.
The US has announced a series of initiatives to cut the backlog in visa appointments. The US Embassy in India today announced that some visa applicants will now be able to seek appointments in other countries.
The move is aimed at reducing the backlog, with the waiting period for a US visa as high as 800 days at some centers in India.
The US embassy today said that Indians applying for a business or tourist visa will be able to apply for an appointment at embassies or consulates outside India.
“Do you have upcoming international travel? If so, you may be able to get a visa appointment at the U.S. Embassy or Consulate in your destination. For example, @USEmbassyBKK has opened B1/B2 appointment capacity for Indians who will be in Thailand in the coming months. (sic),” the US embassy India tweeted.
The embassy cited Thailand as an example, saying that the country has the capacity for B1 and B2 visas.
The US has also announced a series of other initiatives to cut the backlog in visa appointments, including increasing the strength of consular staff and organising special interviews for first-time applicants.
During the Covid pandemic, a lot of the staff at the US embassies had been let go as the number of applications was low during that period. India was one of the very few countries where applications for US visas saw a major upswing after coronavirus-related travel restrictions were lifted.
The US has announced that it will hire more staff by summer this year.
People looking to renew their US visa can submit their application through a dropbox. Since their biometrics are already with the US government, they will not be asked to appear in person for another biometric evaluation.
The US embassy and consulates are expecting to receive a record number of visas from Indian students this year and hence are working on a multi-pronged approach to cut backlog, according to John Ballard, the consular chief at the US Consulate General in Mumbai.
The US embassy in Delhi and the consulates in Mumbai, Chennai, Kolkata, and Hyderabad have also started conducting “special Saturday interview days” to aid first-time applicants.
The US mission in India released more than 2,50,000 additional B1/B2 appointments two weeks ago.
The UK has been warned that 65,000 illegal migrants are expected to enter the country this year. UK Prime Minister Rishi Sunak may withdraw from an international human rights treaty with an aim to crack down on illegal immigration in the country. The UK PM is prepared to pull out of the European Convention on Human Rights (ECHR) in a bid to curb migrant arrivals, the Sunday Times reported.
The UK has been warned that 65,000 illegal migrants are expected to enter the country this year. According to these estimates, illegal immigration in the UK will rise by 50 per cent this year.
Rishi Sunak and Home Secretary Suella Braverman have started working on a new immigration legislation after the warning. The new laws could be unveiled within weeks, Bloomberg reported.
The pair are also prepared to withdraw from the ECHR before the general election if judges in Strasbourg rule that the new plans are unlawful, the Times report said.
A threat to withdraw from the ECHR would draw a sharp dividing line between Sunak’s Conservatives and the opposition Labour party — underlining the prime minister’s hardline stance on immigration.
Before being elected as the Prime Minister in October last year, Rishi Sunak had vowed to fix the “broken” asylum systems in the UK and stop the illegal boat crossings from France.
He had also announced a five-step strategy to clamp down on illegal immigration, with a promise to end the government’s backlog of asylum applications by the end of next year.
On Abhishek Bachchan’s 47th birthday, dad Amitabh Bachchan penned a long note. He said that Abhishek proved all naysayers wrong. He also said that his son made his choices and defied the norm.
Actor Amitabh Bachchan has heaped praises on his son-actor Abhishek Bachchan with a long note on his 47th birthday. Taking to his blog on Sunday, Amitabh said that Abhishek proved ‘all naysayers wrong’. He also added that Abhishek made his own choices and defied the norm. Amitabh also called his son ‘pride of the family’. (Also Read | Navya Naveli Nanda wishes ‘the best’ Abhishek Bachchan with throwback pics on birthday)
Amitabh Bachchan wrote on his blog, “And Abhishek for the 5th Feb 2023 .. and his 47th .. and how time has flown by .. going back in time all the memories of the day and the several days that kept giving us the joy and the pride and the pleasure of Abhishek .. and now to see him achieve his worth through his hard word, quietly, and proving all the naysayers wrong .. !”
He also wrote, “It is a delight for a Father for his Son but mostly for the Son who has through the dint of his hard word and perseverance shown the mettle of his calibre and his confidence .. That is the pride that one honours .. He took his own decisions .. he made his own choices .. defied the norm and proved it …. with his success…”
“Winning the Kabaddi Championship, by the select of his team, who everyone said was poor and weak and incapable .. but he inspired the boys and came out victorious .. despite all the bias reporting and negative opinions against him and the team .. By winning the Best Actor for ‘DASVI’ .. his choice of film story and crew .. and delivering a performance that got universal praise .. a complete transformation from all that he had ever done before .. flawless and complete..,” Amitabh continued.
“Winning the Kabaddi Championship, by the select of his team, who everyone said was poor and weak and incapable .. but he inspired the boys and came out victorious .. despite all the bias reporting and negative opinions against him and the team .. By winning the Best Actor for ‘DASVI’ .. his choice of film story and crew .. and delivering a performance that got universal praise .. a complete transformation from all that he had ever done before .. flawless and complete..,” Amitabh continued.
He concluded, “And then to be the at the top of the MOFN .. the Mood Of The Nation list … that is a true reflection of his standing ..A pride of the family .. a pride for the Father .. Aaj ke din ki anek anek badhai (Many many congratulations on this day). So .. a few words to him in blessing–Family: Aaj ke din ki badhai (Wishes for today). Abhishek: Janm din ki badhai lo tum, sada raho prasanna; yeh din har din, viswa tumhara sada kare abhinandan. Sada kare abhinandan, tumko, aur raho tum swasth, pragati, khyati, tumhari kar de auro ko lathpath…auro ko lathpath ya dhwasth (Good wishes on your birthday, be happy always; may the world always greet you. may you always stay healthy, your progress, fame may make others unstable..or demolished).”
Amitabh on Sunday evening greeted his fans outside his Mumbai home. The actor was dressed in a white kurta, pyjama and white socks. He also wrapped a cream-coloured shawl as he stood on a small podium. The actor greeted his fans by waving at them. He also folded his hands and smiled at the crowd outside his home.
Amitabh was recently seen in the family entertainer film Uunchai along with Anupam Kher, Parineeti Chopra, and Boman Irani last November. Helmed by Sooraj Barjatya, the film got positive responses from the audience. He will be next seen in remake of the The Intern along with Deepika Padukone and in Project K alongside Deepika and Prabhas.
Dr. Gopinath Upamaka suddenly passed away at home on February 3, 2023. Dr. Upamaka, lovingly known as Gopi or Doc, was a devoted father, husband and cardiologist. Beloved by all those around him, Gopi changed so many lives.
Born in Hyderabad, India, in 1959, he completed his medical school at Osmania Medical School in 1983 and married the love of his life, Anu also in 1983. He moved to the United States in 1984 and completed his residency at Mt. Sinai and fellowship at Metro General in Cleveland, Ohio. He made the journey to Toledo with his wife and joined private practice as a cardiologist. Anu and Gopi had two beautiful children, Navin and Neelima as they built a wonderful life in Toledo.
Gopi was best known lovingly as one of Toledo’s premier cardiologists, serving his community for over 30 years. He was an integral partner with the original Northwest Ohio Cardiology Consultants and had the honor of being President and Medical Chief of Staff at Toledo Hospital from 2005-2007. His patients, staff and colleagues all loved him.
He is survived by his wife, Anuradha; children, Navin and Neelima; sister, Satya Rao (Siva Yechoor); and brother, Raghu Rao (Kanchana Rao) He was preceded in death by his parents, Dr. Brahmaji Rao and Girija Rao.
Friends may visit the family on Thursday, February 9, 2023, at the Walker Funeral Home, 5155 Sylvania Ave. (west of Corey) from 8:30 am until 10 am where a Celebration of Life will take place beginning at 10 am followed by a Hindu Ceremony at 12 Noon. Further cremation services will take place at Toledo Memorial Park. In lieu of flowers, the family suggests memorials to the American Heart Association. Condolences may be shared with the family at: www.walkerfuneralhomes.comc
CNN — Less than two weeks ago, Gautam Adani was the fourth-richest person in the world. With a personal fortune estimated at $120 billion, the self-made Indian industrialist was wealthier than either Bill Gates or Warren Buffet.
Then Hindenburg Research, an American short seller with bets against Adani’s companies, accused him of pulling off “the largest con in corporate history.”
Adani’s firms have lost $110 billion in value since then, and his own wealth has been halved to little more than $61 billion as investors pull their support.
While the Adani Group has condemned the report as “baseless” and “malicious,” investor questions about its claims linger, and the fallout is growing. Adani’s business partners and lenders are clarifying their ties to the conglomerate, while India’s federal government is reportedly launching an investigation of his business after an outcry by opposition lawmakers.
Here’s what you need to know.
Who is Gautam Adani?
Gautam Adani is a 60-year-old tycoon who founded the Adani Group more than 30 years ago.
A college drop-out, he built a sprawling business empire that spans infrastructure, logistics, energy production and mining. That successhas earned him comparisons to John D. Rockefeller and Cornelius Vanderbilt, who createdvast monopolies during America’s Gilded Age in the 1800s.
He was Asia’s richest man, and last September briefly surpassed Jeff Bezos to become the second-wealthiest person in the world. He’s also seen as a close ally of India’s prime minister, Narendra Modi.
What are the accusations against him?
Hindenburg Research stunned investors in late January when it published a report accusing Adani and his companies of widespread fraud and “brazen stock manipulation” that it alleged took place over decades. The firm said it had taken a short position in Adani Group companies, meaning it would benefit from a drop in their value.
Hindenburg pitched 88 questions to Adani that cast doubt on his conglomerate’s financial health. Those ranged from requests for details on the group’s offshore entities to why it has “such a convoluted, interlinked corporate structure.”
The Adani Group has said it’s considering legal action in response to the claims. It charged Hindenburg with launching “a calculated attack on India” and said the investment firmis only interested in its own financial gain. But analysts say Adani Group hasn’t convincingly answered the questions raised by the report.
What do investors think?
Investors, spooked by the claims, are bailing, not wanting to get caught on the wrong side of a trade. Shares of Adani Enterprises, Adani’s flagship firm, have plummeted almost 55% since Hindenburg’s report was published on January 24.
The company is now struggling to raise new funding as a result. On Wednesday, Adani Enterprises abruptly abandoned a $2.5 billion deal to sell shares, just 24 hours after it was sealed.
Stocks of most Adani Group companies slumped again on Friday. India’s stock exchanges halted trading in five listed Adani firms after their shares crashed by the daily limits, set at 5% and 10%.
Meanwhile, TotalEnergies, a major business partner, said Adani had agreed to let one of the “big four” accounting firms carry out a “general audit.” There was no confirmation from Adani.
The French energygiant described its $3.1 billion exposure to Adani, via joint investments in India, as “limited”. It also said these partnerships were “undertaken in full compliance with applicable — namely Indian — laws.”
What happens next?
The wave of selling is raising questions about how Adani’s businesses will continue to cover their costs.
The large debt load of Adani firms — one of the concerns raised by Hindenburg — is under the microscope. Ratings agency Moody’s said Friday that the turmoil was likely to reduce the group’s ability to raise capital.
In a statement Wednesday night, Adani stressed that his business remains on solid footing, and that executives would review its capital market strategy “once the market stabilizes.”
“Our balance sheet is very healthy with strong cashflows and secure assets, and we have an impeccable track record of servicing our debt,” he said.
The consequences of the sell-off may not be contained to Adani. Indian banks that hold Adani Group assets could also be affected if the value of those holdings continues to drop.
The Reserve Bank of India said Friday that the banking sector “remains resilient and stable” based on its latest assessment and pledged to continue to monitor the situation.
In its first statement on the recent market turmoil, the Securities and Exchange Board of India (SEBI) said Saturday that it had observed “unusual price movement in the stocks of a business conglomerate.” It said that if any information comes to SEBI’s notice,” it would be examined and “appropriate action” would be taken.
The market regulator added that it “is committed to ensuring market integrity.”
India Inc. on the defensive
At the same time, the ordeal is the source of growing political turmoil in New Delhi. Opposition lawmakers in India have demanded a probe into the Hindenburg report. They staged a protest in the country’s parliament on Wednesday while the country’s finance minister presented the annual budget.
Their demands that normal business be suspended Friday to allow an emergency debate on the Adani crisis led to an uproar, resulting in the adjournment of both houses of parliament until Monday.
“Action is being taken against Adani all over the world, but PM Modi is quiet,” the main opposition Congress party tweeted. “When will our govt take action?”
Questions about the health of Adani’s empire are clouding the outlook for India Inc., which just weeks ago was out in force at the World Economic Forum in Davos, Switzerland touting opportunities for foreign investors.
The country’s emissaries leaned into its relatively robust economic outlook. The World Bank projected last month that India would log the strongest economic growth of any major economy this year.
“The Adani saga has opened a big can of worms,” said Manish Chowdhury, head of research at brokerage Stoxbox. “The India story is looking weak” to foreign investors now, he added.(CNN.COM)
Fuel cells combine hydrogen stored in tanks with atmospheric oxygen through a catalyst to create water, the process generating electricity and H2O vapor. The power systems are lighter than battery packs and can be refueled as quickly as a gasoline-powered vehicle.
Both automakers have been experimenting with the technology separately, with Honda briefly selling a fuel cell-powered Clarity car that was hamstrung by high costs and a lack of public fueling infrastructure outside of California, where it was sold.
According to Honda, the next-generation system will cut production costs to one-third of what they are now and by half again in the coming years. Honda is exploring using the technology in cars, commercial vehicles, stationary power systems and even in space. The ramp-up to commercialization will be slow, however.
Honda only expects to build 2,000 of the CR-Vs in 2025 and up to 60,000 fuel cell vehicles annually in 2030, but sees the output growing to hundreds of thousands by the middle of the next decade.
Several other automakers are keen on both hydrogen combustion and fuel cell technology as an alternative to battery-power, including Toyota and Hyundai, which both currently offer low-volume models for sale.
Honda will also start selling the battery-powered Prologue SUV in 2024, which will be built in the U.S. the GM Ultium electric car platform that underpins the Cadillac Lyriq today. Pricing and other specifications for the fuel cell CR-V and Prologue have not yet been announced.
Mercedes-Benz drivers could get their hands on a technology that Elon Musk has literally been promising for years—and before Tesla drivers.
The German car company has just announced plans to introduce ‘Level 3’ self-driving in Nevada by the end of this year.
The firm’s ‘Drive Pilot’ system means drivers will be able to watch movies, play videogames, and browse the Internet while the car handles ‘all aspects’ of driving.
Meanwhile, Tesla drivers are still stuck with ‘Level 2’ self-driving which requires the driver to remain in control of key aspects of the journey—despite Elon Musk promising ‘full self-driving’ every year for over a decade.
Elon Musk has fallen short of delivering full self-driving for years – despite his promises(Image: AFP via Getty Images)
Like a Tesla, the Drive Pilot system will require drivers to keep their eyes on the road and their hands on the wheel, and autonomous driving will deactivate if the driver falls asleep or gets distracted.
The self-driving system will also only work on roads up to 40 mph. However, it still meets the US highway safety administration’s framework for Level 3 automation, which states that the car “handles all aspects of the driving task while the driver remains available to take over driving if requested.”
The Drive Pilot software is cheaper than Tesla’s ‘full self-driving’ system(Image: John Locher/AP/REX/Shutterstock)
Cameras in the dashboard ensure that the driver’s face is always visible. If something is placed in front of their face, like a selfie camera, the AI-powered system will deactivate.
We have a new exoplanet to one day scour for potential signs of life. Just 31 light-years away, astronomers have identified an incredibly rare Earth-sized world orbiting at a distance from its star that should be hospitable to life as we know it. If, that is, the exoplanet itself has the right conditions to be conducive to life’s emergence.
That information isn’t available to us yet, but the world represents a promising candidate for a future search for biosignatures on nearby, Earth-mass exoplanets.
The search for exoplanets – that is, extrasolar planets, those outside our Solar System – is hobbled by the limitations of our current technology. Make no mistake, that technology is amazing; but our primary methods for finding exoplanets are way better at finding large worlds than small ones.
That’s because they rely on indirect signs, the effects an exoplanet has on its host star. The transit method detects the very faint, regular dips in starlight as an exoplanet orbits between us and its star; and the radial velocity method detects minute changes in wavelength of light as the star is very, very slightly moved around on the spot by the gravitational interaction with the exoplanet.
So, while more than 5,200 exoplanets have been confirmed at time of writing, fewer than 1.5 percent of those have masses below that of two Earths.
And of those, perhaps a dozen are orbiting their stars at a distance where temperatures could allow for liquid water on the surface – not so hot that it burns off, nor so cold that it freezes.
A location in this so-called habitable zone is the first step in narrowing down whether a world may or may not be hospitable to life. And this is what a team of astronomers led by Diana Kossakowski of the Max Planck Institute for Astronomy (MPIA) in Germany have discovered a nearby red dwarf star Wolf 1069.
The newly discovered exoplanet, 1.36 times the mass of Earth, has been named Wolf 1069b. “When we analyzed the data of the star Wolf 1069, we discovered a clear, low-amplitude signal of what appears to be a planet of roughly Earth mass,” Kossakowski says.
“It orbits the star within 15.6 days at a distance equivalent to one-fifteenth of the separation between the Earth and the Sun.”
That would definitely be too hot for habitability if Wolf 1069 was a star like the Sun, but red dwarfs are much smaller and cooler than our home star. This means that their habitable zones are significantly closer to the star than our Solar System’s habitable zone, which just extends from around Venus and just reaches Mars.
Although Wolf 1069b is 15 times closer to its star than Earth is to the Sun, the radiation it receives is around 65 percent of what Earth receives from the Sun.
At this level, a bare, rocky Wolf 1069b similar to Mercury should have a temperature around -23 degrees Celsius (-9.4 degrees Fahrenheit). That’s way too cold for liquid water; but, without an atmosphere, liquid water would turn to vapor anyway.
Obviously there’s a lot more that goes into habitability than just the right proximity to the star. An atmosphere could trap heat and lift the average temperature, but it would need to be a nice, thick atmosphere. Mars has an atmosphere, and its mean temperature sits at -65 degrees Celsius.
The red planet’s atmosphere is also rather flimsy, and this is thought to be because it doesn’t have a protective global magnetic field like Earth does. ( Venus doesn’t have an internally generated magnetic field, either, but its interaction with the solar wind creates an external one. It’s a Venus thing.)
An internally generated global magnetic field is the result of rotating, convecting, and conducting fluids within the planet’s core that converts kinetic energy into magnetic energy to create a magnetic field. And it’s possible that Wolf 1069b has one of these.
“Our computer simulations show that about 5 percent of all evolving planetary systems around low-mass stars, such as Wolf 1069, end up with a single detectable planet,” says astronomer Remo Burn of the MPIA.
“The simulations also reveal a stage of violent encounters with planetary embryos during the construction of the planetary system, leading to occasional catastrophic impacts.”
These encounters would heat the young world, suggesting that the core of Wolf 1069b is still molten, like Earth’s core, and therefore could be generating a magnetic field.
There’s just one more problem. You know how the same side of the Moon is always facing Earth? That’s called tidal locking, and it’s the result of gravitational “brakes” being applied to a body’s rotation if it’s in close orbit with a more massive one.
Because the habitable zone of red dwarf stars is so close to the star, most potentially habitable red dwarf exoplanets are tidally locked. That means one side is in permanent day, and the other in permanent night.
All, however, is not lost. Research shows that such worlds can still be habitable, particularly around the terminator, the twilit line between night and day. A simulated temperature map of Wolf 1069b, however, shows that liquid water is most likely to be present on the region directly facing the star.
Unfortunately, we’re going to have to wait to find out more: Wolf 1069b doesn’t pass between us and its star, which means we currently have no way of probing it for an atmosphere.
“We’ll probably have to wait another ten years for this,” Kossakowski says. “Though it’s crucial we develop our facilities considering most of the closest potentially habitable worlds are detected via the radial velocity method only.”
The UAE has made major changes to visas last week, updating rules on renewals as well as guidelines for people living abroad. At the same time a three-day weekend scheme in parts of the UAE have been declared a success and a new megaproject has been announced.
It has been a busy week in the Middle East with headlines on holidays and visas across the region. Dubai made headlines after police gave a safety warning over a so-called “silent killer”. The emirate also has a new city after a district was renamed.
Public holidays in the UAE, Saudi Arabia and across the GCC are a mixture of religious observances and days of national celebration and recognition.
While public and private sectors in all countries offer holidays for occasions such as Eid, there are specific observances only recognized in certain countries.
It means that keeping track of every country’s public holiday and dates of business can be complex. Ruler of Dubai, Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, has ordered that a district in the emirate be renamed. The city includes four zones, Hind 1, Hind 2, Hind 3, and Hind 4, and spans an area of 83.9km.
Butti Ahmed bin Darwish Al Falasi, director of the Security Awareness Department in the General Department of Community Happiness at Dubai Police, said that carbon monoxide exposures and poisonings occur more often during summer and winter seasons due to the lack of awareness and wrong practices of some individuals.
“In summer, the most common way of getting carbon monoxide poisoning is when the AC of an automobile is on while it’s idle in a closed garage or space without proper ventilation. Meanwhile, carbon monoxide poisoning occurs in winter as people are more likely to use gas furnaces and heating appliances seeking warmth in closed places or structures with minimal airflow. Carbon monoxide is odourless, so it goes undetected by humans and silently kills them.”
The service can be accessed by residents via the UAE Federal Authority for Identity, Citizenship, Customs and Port Security (ICP) website, under the ‘smart services’ page. Residents can also apply for a re-entry permit via smart service centers or typing centers.
UAE 3-day weekend plan success
Government agencies in Sharjah moved to a four-day working week in January last year. At a meeting of the Sharjah Executive Council (SEC) last week, Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah chaired a session where the success of the move was reviewed.
The SEC reviewed a study of the three-day weekend work system and results showed an increase in employees productivity of 88 percent across Government entities. The change to the working week also led to:
81 per cent increase in positive communication between employees
61 per cent increase in the rate of providing e-government services outside of official working hours
74 per cent increase in the attendance rate
76 per cent increase in innovation and creativity
46 per cent decrease in sick leave rate
UAE announces major visa change for all nationalities
However, this service can be availed only once, a report by Gulf Today said, citing the ICP. “They can do this only before entering the country,” ICP said.
The fee to extend a visa validity is reportedly priced at AED200, including AED100 for the smart services, AED50 for the application form and AED50 for the authority and the electronic services offered to customers.
“It will provide an enjoyable climate controlled all-year environment, to make walking and cycling the primary mode of transport for Dubai’s residents, in line with its new 20-minute city initiative. The aim is to make cycling and walking the primary mode of transport for daily commutes for more than 80 percent of Dubai’s residents by 2040,” the statement added.
THE LOOP project in Dubai is in place to develop a smart cycling and walking infrastructure, however it is still at its research and development phase, URB said. Key facts of THE LOOP include:
Visa centers will soon disappear, and it will be possible to get a Schengen visa without leaving home. This result of the procedures of complete digitalization of the process of obtaining visas was presented in the European media. At the same time, according to experts, the process will last several years, but everything can happen shortly – the European Union has already started work.
According to experts, the first step was the adopted law on digitalization of the visa procedure, which the EU Parliament passed. As a reminder, its essence boils down to abandoning “paper” visas and issuing Schengen visas only in digital form (read details here).
The EU authorities are sure that the path of “digitalization” can go even further. “Visa applications will be processed on a single online platform, which will also inform applicants of which country they will be granted a visa for in case of multi-country travel. The new system is also designed to work harmoniously with the ecosystem of EU border management systems and databases. Making the entire process of obtaining a Schengen visa online for travelers who need it to visit any of the 27 member states will not only make life easier for applicants, requiring less effort and cost but will also improve security in the EU,” MEPs said.
At the same time, the experts called the first advantage of the digitalization of Schengen visa procedures that the digitization of the Schengen visa application procedures means that tourists will no longer need to go to the embassy, visa center, or consulate to submit the necessary documents and application form.
They will be able to simply go to the system’s website, fill out all the applications, and then all they have to do is upload the necessary documents to obtain a Schengen visa, including a scanned passport, a recent photograph, a travel insurance amount of EUR 30,000 and other scanned documents. At the same time, the system will, according to the idea, prompt the user if he fills in something by mistake. So far, however, such a site does not exist – even in the mode of the test version.
“Each applicant must submit a completed application form using the EU application platform, including a statement on the authenticity, completeness, correctness, and reliability of the submitted data, as well as a statement on the truthfulness and reliability of the statements made,” the European Parliament also stated.
In-person, tourists only have to appear at a biometrics collection center on their first visa application to be fingerprinted and photographed, but this will only happen once every five years as long as they apply for a visa with the same document.
As soon as the application is processed, information about the results of the application review will be sent to tourists by e-mail. Moreover, they no longer need to stick the visa itself to the passport – it will be issued digitally in the form of a 2D barcode, cryptographically signed by the Country Signature Certification Center (CSCA) of the member state that issued the visa.
What is essential — tourists are assured that the innovation will not only not make the visa more expensive, but will also make it cheaper.
However, so far these are “theoretical explanations”. As stated in the European Parliament, it will take at least five years to create and operate the platform. And given the experience of implementing other systems — most likely even more.
A new study has found that Amazon, Infosys, and Tata Consultancy Services (TCS) are the biggest benefactors of the H-1B visa in the US, for which 85,000 new applications are allowed each year for companies.
An H-1B visa allows American employers to employ highly skilled foreign workers. According to a new analysis by the National Foundation for American Policy (NFAP), titled ‘H1B Petitions And Denial Rates In FY 2022’, Amazon had the most number of a…
A distant second is Infosys, which had 3,151 H-1B petitions approved in FY22, around 2,000 fewer than its figures in FY21.
These three leading companies were followed by Cognizant (2,521), Google (1,562), Meta/Facebook (1,546), HCL America (1,260), and IBM (1,239). However, the 85,000 annual applications allowed each year represent only 0.05 per cent of the 165 millio…
Read more at: https://www.deccanherald.com/business/business-news/amazon-infosys-have-highest-h-1b-visa-approvals-in-draws-1187792.html
Nassau County Executive Honorable Bruce Blakeman, Nassau County Presiding Officer Richard Nicolello, Chairman of Human Rights Commission Dr Bobby Kalotee joined with Indian American Forum Chairperson Indu Jaiswal and Indian American Community from long Island, organized the 74th Republic Day Celebrations on January 26, 2023. Celebrations started with American National Anthem sung by Nipun Marwaha, Followed with Flag hoisting by Nassau County Controller Elaine Phillips, Town of Oyster bay Supervisor Joseph Saladino Deputy County Executive Anissa Moore, NY State Senator Steven D Rhoads, New York State Assemblyman John K Mikulin , North Hempstead Town Clerk Ragini Srivastava, Hewlett House Executive Director Geri Barish, Judge Elizabeth Fox-McDonough, Judge Sarita Kapoor, Indu Jaiswal Chairperson IAF, Mrs. Beena Kothari, Mrs. Jyoti Gupta and Mr Deepak Bansal ,
Picture : TheUNN
Special Salutes to the flag given by Members of Indian Veteran of Tristate (NY) Wing Commander Suresh Butani, Wing Commander Paul Katari, Wing Commander Jagdish Handa and Colonel Naresh Gogna. Indian National Anthem Led by Jyoti Gupta and Mr Raj Dhingra.
Evening started with Welcome Remarks by Mrs. Beena Kothari and Jyoti Gupta. Patriotic dances presented by Students of Shilpa Mithaiwala and Shilpa Jhurani.
Nassau County Judge Elizabeth Fox-McDonough, Judge Sarita Kapoor, Nassau County Controller Elaine Philips, Nassau County Deputy Executive Anissa Moore, NY State Assembly man John Mikulin, New York State Senator Steve Rhoads, Town of North Hempstead Clerk Ragini Srivastava, IDP USA President Vimal Goyal, Mr Deepak Bansal, Colonel Naresh Gogna, Mrs. Sujata Seth , Public Affairs Associate for Parker Jewish institute of Healthcare and Rehabilitation, Dr Shaifali Karkare specializes in Pediatric Neurology in New Hyde Park, Dr Jagmohan Kalra, Specializes in Hematology and Medical Oncology, Dr Sohita Mehra is currently the Director of Breast imaging and started the Breast MRI institute, Mrs. Anju Sharma active member known for her outstanding Community Services., Dr Swati Kumar and Shilpi Kumar MBA were presented with India Republic Day Awards by Indian American Forum and Town of Oyster Bay Supervisor Joseph Saladino., on India’s 74th Republic Day celebration in the Nassau County legislature building on January 26 evening.
Picture : TheUNN
Indu Jaiswal Chairperson of Indian American Forum welcomed and greeted all the guests. Dr Bobby Kalotee , Chairperson of Human Rights Commission in Nassau County, Deputy County Executive and Town of Oyster Bay Supervisor Joseph Saladino highlighted the significance of India’s Republic Day. Patriotic Medley presented by Jyoti Gupta, Anuradha Khanna and group created patriotic atmosphere. Several community leaders and members of various organizations graced the event.
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President Joe Biden’s second ever State of the Union Address to the US Congress on Tuesday, February 7th was filled with optimism for the future– even in the face of open hostility.
The spectacle of Biden smiling and offering a pointed riposte through multiple rounds of heckling from some House Republicans was, in many ways, an apt illustration of his presidency and a useful preview of his likely 2024 candidacy.
A majority of Americans say he hasn’t accomplished much, many Democrats aren’t thrilled at the prospect of him running for reelection and he faces clear disdain from most Republicans.
But Biden powered through. Delivering what was widely viewed as a test run for his reelection announcement, Biden claimed credit for progress made during his first two years in office while stressing the job isn’t finished.
Picture : Newsweek
He faced sometimes-unruly Republicans, with whom he spiritedly sparred from the podium on spending cuts. The feisty display drew cheers inside the White House and offered the best preview to date of the energy Biden hopes to bring to the campaign trail soon.
The speech carried a strain of populism rooted in strengthening the middle class – vintage Biden, but delivered at a pivotal moment for his political future.
No president enters his State of the Union wanting to recite a laundry list of accomplishments and proposals, but – almost inevitably – the speech often veers in that direction. Biden’s was no different, even as the president sought to tie everything together with a refrain of “finish the job” – a phrase that appeared 12 times in his prepared text.
Rather than tout any one accomplishment, however, Biden hoped to address the national mood, one that remains downbeat even as the economy improves and the country attempts to return to normal amid the Covid-19 pandemic.
Biden spars with sometimes-unruly Republicans
In a room full of elected officials, identifying an adult shouldn’t be difficult. But heading into Tuesday’s speech, both Republican leaders and Biden’s team telegraphed a desire to act as the night’s “adult in the room” – the mature voice seeking common ground and lowering the temperature.
For the first 45 minutes of Biden’s address, that appeared to be the play for both sides. But when Biden began castigating Republicans for plans that would slash Social Security and Medicare, the decorum dropped.
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For Biden, House Republicans act as a useful foil as he prepares to announce his intentions for 2024. His jousting on Tuesday was the best glimpse of how he’ll approach his candidacy, at least until a Republican opponent emerges from the GOP primary process.
White House officials were thrilled by the off script back and forth. “Couldn’t have written a better moment,” one official said. More than the substantive back and forth, one official noted how it appeared to animate Biden in real time.
“He gets energy from his audience,” the official said. It’s not a new view on how Biden operates – his advisers constantly talk about how he finds his energy from engaging with people.
Biden and his team believe a serious focus on governing contrasts favorably with House Republicans, who they accuse of threatening to send the nation into default and piling up distractions as they investigate the president and his family.
House Speaker Kevin McCarthy entered the speech vowing to treat Biden respectfully – and urging his Republican colleagues to do the same. It was a tall order, given the loose grasp he has on his conference and the propensity from certain Republicans for stunts.
As lawmakers like Georgia Rep. Marjorie Taylor Greene interrupted Biden, McCarthy was silent – but his glare into the crowd spoke for itself. Later he found himself shushing his conference multiple times at outbursts interrupted the president.
For the third year in a row, Biden set the record for the oldest president to deliver an address to a joint session of Congress. It’s an underlying fact of his presidency: No one older has ever served.
As Biden prepares to ask voters to keep him in office until he is 86, it was critical he look and sound like someone who is able to keep doing the job.
His delivery was energetic, even if he stumbled over a few of his prepared lines. When Republicans interrupted him, he responded quickly, deftly turning their heckles back around into challenges.
Over the weekend at Camp David, aides set up a podium, microphone, lights and teleprompter in a conference room inside the Laurel Lodge for Biden to practice his speech with his team. The potential for hecklers was something White House officials had in mind as they prepared for the speech.
At the White House, a similar set up has been used in the Map Room to practice the address. Aides were focused on the message – but also the language, ensuring the speech lent itself to a vigorous presentation. After all, for many in Biden’s television audience, Tuesday’s speech was one of the only times they actually heard and saw the president this year.
Vintage Biden
Perhaps more than his previous two addresses to Congress, Tuesday’s speech was salted with riffs and lines that appear nearly every time he speaks: inherited wisdoms from his father, anecdotes about inequality and his views of the middle class.
“So many of you feel like you’ve just been forgotten,” he said, directly appealing to a demographic that used to vote reliably for Democrats but has more recently turned to the GOP.
“Amid the economic upheaval of the past four decades, too many people have been left behind or treated like they’re invisible. Maybe that’s you, watching at home,” he said. “You wonder whether a path even exists anymore for you and your children to get ahead without moving away.”
“I get that,” he said. Appearing for the first time in front of a divided Congress, Biden also leaned into his record working across the aisle – even as he faced heckling from Republicans.
In many ways, both Biden and McCarthy hoped a more mature showing would set the tone for the next two years of divided government, even if they remain sharply divided on policy.
Biden hoped in his speech to bridge that gap, to demonstrate he cares about what Americans care about and to identify the problems he’s looking to fix.
His focus on highly specific issues – like eliminating “junk fees” for consumers or reining in tech companies – are areas the White House believes will resonate with Americans who aren’t necessarily attuned to the ins-and-outs of Washington.
At moments, his speech seemed tailor-made for a nation of annoyed consumers, down to annoyances about baggage fees on airlines and fine print on hotel bills.
“Americans are tired of being played for suckers,” he said, listing off the litany of common grievances.
But Biden and his team are acutely aware that simply telling people their lives are improving won’t cut it – they have to actually feel it. Many of the accomplishments Biden helped passed over the past two years are still in the implementation phase, making their effects elusive for now.
Biden seemed to acknowledge that when he urged lawmakers to extend a price cap on insulin – a benefit that is still coming into effect. (Courtesy: CNN)
More than 11,000 people have been killed and thousands injured by a huge earthquake which struck south-eastern Turkey, near the Syrian border, in the early hours of Monday morning.
The earthquake, which hit near the town of Gaziantep, was closely followed by numerous aftershocks – including one quake which was almost as large as the first.
The death toll is expected to keep rising.
Why was it so deadly?
Picture : NBC News
A number of factors have contributed to making this earthquake so lethal. One of them is the time of day it occurred. With the quake hitting early in the morning, many people were in their beds when it happened, and are now trapped under the rubble of their homes.
Additionally, with a cold and wet weather system moving through the region, poor conditions have made reaching affected areas trickier, and rescue and recovery efforts on both sides of the border significantly more challenging once teams have arrived.
One of the most powerful earthquakes to hit the region in a century rocked residents from their slumber in the early hours of Monday morning around 4 a.m. The quake struck 23 kilometers (14.2 miles) east of Nurdagi, in Turkey’s Gaziantep province, at a depth of 24.1 kilometers (14.9 miles), the United States Geological Survey (USGS) said.
The first earthquake was big – it registered as 7.8, classified as “major” on the official magnitude scale. It broke along about 100km (62 miles) of fault line, causing serious damage to buildings near the fault.
A series of aftershocks reverberated through the region in the immediate hours after the initial incident. A magnitude 6.7 aftershock followed 11 minutes after the first quake hit, but the largest temblor, which measured 7.5 in magnitude, struck about nine hours later at 1:24 p.m., according to the USGS.
Prof Joanna Faure Walker, head of the Institute for Risk and Disaster Reduction at University College London, said: “Of the deadliest earthquakes in any given year, only two in the last 10 years have been of equivalent magnitude, and four in the previous 10 years.”
But it is not only the power of the tremor that causes devastation.
This incident occurred in the early hours of the morning, when people were inside and sleeping.
The sturdiness of the buildings is also a factor.
Dr Carmen Solana, reader in volcanology and risk communication at the University of Portsmouth, says: “The resistant infrastructure is unfortunately patchy in South Turkey and especially Syria, so saving lives now mostly relies on response. The next 24 hours are crucial to find survivors. After 48 hours the number of survivors decreases enormously.”
This was a region where there had not been a major earthquake for more than 200 years or any warning signs, so the level of preparedness would be less than for a region which was more used to dealing with tremors.
How long can people survive under rubble?
Despite the mounting challenges, a structural engineer and humanitarian coordinator urged rescuers not to abandon hope as survivors could be found up to “weeks” after the massive earthquake hit the region. Kit Miyamoto, president of non-profit Miyamoto Global Disaster Relief, also praised the community in Turkey who came together and “did their part” after the quake struck.
“The community, the citizens, they’re the ones that are actually the first line of defense,” he told CNN Wednesday. “They dug up family, friends, neighbors.”
What caused the earthquake?
The Earth’s crust is made up of separate bits, called plates, that nestle alongside each other.
These plates often try to move but are prevented by the friction of rubbing up against an adjoining one. But sometimes the pressure builds until one plate suddenly jerks across, causing the surface to move.
In this case it was the Arabian plate moving northwards and grinding against the Anatolian plate.
Friction from the plates has been responsible for very damaging earthquakes in the past.
On 13 August 1822 it caused an earthquake registering 7.4 in magnitude, significantly less than the 7.8 magnitude recorded on Monday.
Even so, the 19th Century earthquake resulted in immense damage to towns in the area, with 7,000 deaths recorded in the city of Aleppo alone. Damaging aftershocks continued for nearly a year.
There have already been several aftershocks following the current earthquake and scientists are expecting it to follow the same trend as the previous big one in the region.
How are earthquakes measured?
They are measured on a scale called the Moment Magnitude Scale (Mw). This has replaced the better known Richter scale, now considered outdated and less accurate.
The number attributed to an earthquake represents a combination of the distance the fault line has moved and the force that moved it .
A tremor of 2.5 or less usually cannot be felt, but can be detected by instruments. Quakes of up to five are felt and cause minor damage. The Turkish earthquake at 7.8 is classified as major and usually causes serious damage, as it has in this instance.
Anything above 8 causes catastrophic damage and can totally destroy communities at its centre.
How does this compare with other large earthquakes?
The 9.1 magnitude quake killed about 228,000 people.
Another earthquake – off the coast of Japan in 2011 – registered as magnitude 9 and caused widespread damage on the land, and caused a tsunami. It led to a major accident at the Fukushima nuclear plant along the coast.
The largest ever earthquake registered 9.5, and was recorded in Chile in 1960.
In December 2022, when the agitation of the fish workers at Vizhinjam in Kerala was at its peak, I wrote an open letter to Gautam Adani, head of the Adani Group, to include the cost of rehabilitation of those who lost their houses and were living in a miserable condition, in the project cost and win their confidence.
Let me quote from the letter published in this magazine, “If the rehabilitation of the fish workers would cost, say, Rs 50 crore or Rs 100 crore, please include it in the project cost. Nobody would object. If each displaced farmer gets a plot of land where he can build a permanent house, not far from the sea, he would be more than happy to withdraw the agitation”.
Around the same time, I heard a spokesman of the Adani Group claim that whatever they could do was done to mitigate the hardship of the people affected and nothing more could be done. He specifically mentioned the number of laptops distributed under the company’s Corporate Social Responsibility (CSR) program.
When I heard him, I remembered the video of a mother standing before an open toilet to let her daughter have some privacy as she eased herself. Could the laptop have given her privacy? I concluded my letter requesting him to be generous to the poor fish workers of Vizhinjam.
Before that, I also warned him of what could happen. Let me quote the letter again: “The great Malayalam poet Poonthanam’s Jnanappana (The fountain of wisdom) written in the 16th century has these thought-provoking lines: “If God wishes, the people we see now or are with us now, may disappear or be dead in the next moment. Or, if He wishes, in a few days, a healthy man may be paraded to his funeral pyre.
“If God wishes, the king living in a palace today may lose everything and end up carrying a dirty bag on his shoulders and walk around homeless”. He reminds us about the fleeting nature of wealth.
Adani did not send a reply, let alone loosen his purse strings to settle the problem. Instead, with the help of the police, he allowed the agitation to be suppressed.
Not even two months have passed since I wrote that letter. At that time, Gautam Adani was the richest man in India, nay Asia. He was the third richest person in the world. He used to create wealth at the rate of Rs 1,612 crore per day to outpace Jeff Bezoz of Amazon.
During the last few days, Adani has lost billions of rupees. At the rate at which the value of the shares of Adani Enterprises and other Adani companies has been plummeting, one really wonders whether it is the beginning of the end of the Adani business saga. After all, it was a small boy David who felled the giant Goliath.
What pricked the bubble of Adani is a report published by Hindenburg Research, a small company in the US. When the report was released, the mainstream media in India did not think it merited detailed coverage. Adani, who believed that money could cover up his “sins”, produced multiple-page advertisements in major Indian newspapers to suggest that everything was hunky-dory with his companies.
Any sensible and sensitive person would have called off the Rs 20,000-crore Follow on Public Offer (FPO), given the doubts created in the public mind by the Hindenburg Research (HR). The strategy now in vogue in the political and business fields is to counter truth with greater and greater falsehood.
The voluminous rejoinder the Adani Group produced to counter the HR report was like the 5,000-page chargesheet filed against Siddiqui Kappan, which reminded me of Shakespeare’s famous line, “sound and fury signify nothing”. Adani was confident that with the support of the business empire he has created and with the help of those in power, he would be able to brazen out. That is why he persisted with the FPO.
The public relations team was at its best when it claimed that the FPO was oversubscribed. Yes, institutional investors did not disappoint him. But retail investors for whom half the FPO shares were earmarked did not show any interest. Only 11 percent of the earmarked shares were lifted by them. Nearly 50 percent of the shares earmarked for the employees also remained unsold. They knew the company better!
In other words, it was a flop show. And that is why the company was forced to declare that it would return the money of all those who invested in the FPO. It is a major setback to the whole Adani Group.
What the Hindenburg Research said was that Adani built his empire using all devious means. Let me explain it in simple terms. Suppose I buy an acre of land for Rs 1 lakh. After that, I spread the news that there are gold deposits in the land. Nobody can check the land as tight security is arranged. Then I decide to sell 60 cents of the land at Rs 1 lakh each. I get Rs 60 lakh which is 60 times my investment, while 40 cents of land still remain with me. I use Rs 60 lakh to rope in more investors and my asset doubles, triples and quadruples.
Adani became famous in 2014 when he made available his fully-fuelled helicopter at the service of Narendra Modi. Every day, the chopper would take off from Ahmedabad carrying Modi and his tiffin to one of the states where he would campaign that day. He would return home the same day.
It was in Adani’s aircraft that Modi came to Delhi to be sworn in as the Prime Minister of India. Adani accompanied Modi whenever he went on a foreign trip. Everybody who mattered in the country knew his close connections with the Prime Minister, which came to his help as he expanded his business network both within and without the country. Soon, he got mega projects like seaports and airports.
When the world’s largest consignment of drugs passed through his port in Gujarat, nobody blamed the owners of the port. It was also revealed that a similar consignment had already been cleared. Nobody knows who funded the import of such a large quantity of drugs. The point is that they remain at large.
Was Adani a great entrepreneur? Take the case of Steve Jobs, who founded Apple Incorporated. He developed a prototype of a computer and set up a company to manufacture it. Later, he added new products like iPhone, iPad, iPod to make his company the world’s most valuable. Similarly, Jeff Bezos found a new way of selling books. He also introduced a device called Kindle.
Soon, Bezos became an industrialist and acquired the skills to operate at a global level. Ford was America’s greatest-ever industrialist. He developed a car and began selling it to become the world’s greatest industrialist. In the case of Adani, nothing of the sort happened.
He did not even complete his college education and went to Mumbai. There, he became a trader, who would buy something for Rs 100 and sell it for Rs 400 to earn Rs 300. He realised that he was successful when he made his first Rs 1 lakh. Thereafter, there was nothing to stop him. He was essentially a trader, who stepped into the manufacturing sector. By then, he had learnt how to manipulate the share market.
Why single out Adani? I have read BM Birla’s biography where it is mentioned that when he turned 18, he was given a gift of Rs 1000 by his father GD Birla. He did not spend the money on clothes or other items. Instead, he used it for speculation and made another Rs 1000. In fact, almost all the Indian industrialists are not entrepreneurs but traders who cannot succeed except by bluffing the government.
What Hindenburg Research accused Adani of doing is what an American company Enron did. The American investigative and legal system acted swiftly without caring for the company and the persons involved. Before its bankruptcy in late 2001, it employed around 21,000 people and was one of the world’s leading electricity, natural gas, pulp and paper and communication companies with a claimed revenue of $111 billion in 2000. Fortune named Enron “America’s most innovative company” for six consecutive years.
It achieved infamy at the end of 2001 when it was revealed that its reported financial condition was sustained mostly by institutionalized, systematic and creatively planned accounting fraud. Enron has since become a popular symbol of willful corporate fraud and corruption. Kenneth Lay, its former chairman, died of a heart attack while he was on trial and Jeffrey Skilling, its chief operating officer, was given 24 years of imprisonment. It also led to the collapse of World.com, a bigger firm than Enron.
The American government followed the principle, emanating from the Malayalam saying, that those who eat salt should drink water. In other words, the more severe the crime, the more severe the punishment.
Recently, India lost a great lawyer in the death of Shanti Bhushan, who was also a Union Minister. He wrote the Foreword for the book titled ‘Reliance, The Real Natwar’ by Arun K. Agrawal (Manas). Let me quote a few lines from the author’s Preface:
“The plain truth of the matter is that Reliance has become the largest company in India and its owner the richest man in the country the old-fashioned way: Financial engineering involving the conversion of debt into equity, the propping up of its own shares to public institutions, issuing shares of new companies at premium to the public and then merging the companies, allotting shares to the promoters to increase their stake, avoiding taxes, managing a company-friendly tax regime and, of course, the oil bonanza handed over to it by the government.
“Inevitably, in just 30 years, its turnover has grown from approximately Rs.100 crore to over Rs 1 lakh crore”. This book was published in 2008 but what it says about Reliance reads like a summary of the Hindenburg Research report about the Adani Group.
One cartoon that became viral on social media showed Adani approaching the State Bank of India for a loan to purchase the bank. When the Vizhinjam port in Kerala was successfully bid by Adani, many would have thought that he would pump in his own money. The fact of the matter is that no Indian businessman sinks his own money in any project. It is all public money that is sunk. But once the profits start flowing, the owners do not part with it.
Today, Reliance makes most of its money from petroleum. It is believed that all the wealth under the earth belongs to the people of India. Then, how did Reliance get the oil wells? It was the late Captain Satish Sharma who, as the Petroleum Minister, handed over the oil fields to receive pecuniary benefits, as found out by the CBI.
Most corporates in India believe in the theory, as propounded by Lord Byron in a poem, that everybody has a price. The poet concludes his poem in these words, “The most by ready cash — but all have prices, from crowns to kicks, according to their vices”.
Small wonder that a wisecrack said that if Gautam Adani knew that Hindenburg Research could hit him so hard, he would have offered a price and bought it like NDTV he bought, certainly not for the profit it made but to end a nuisance. Even now it is not too late for him to remember the seven deadly sins identified by Mahatma Gandhi — wealth without work, pleasure without conscience, knowledge without character, science without humanity, religion without sacrifice and politics without principles. (Courtesy: Indian Currents) ajphilip@gmail.com
The United States Congress Committee assignments are being announced as the new 117th Congress begins sittings, and among the first few so far are important assignments for the Indian-American lawmakers on Capitol Hill.
Congressman Raja Krishnamoorthi, D-Illinois has bee appointed to serve as the Ranking Member on the House Select Committee on the Strategic Competition Between the United States and the Chinese Communist Party (CCP). This is a new committee formed in the 118th Congress for the specific purpose of investigating and developing policy to address the United States’ economic, technological, and security competition with the Chinese Communist Party.
Krishnamoorthi thanked Minority Leader of the House Hakeem Jeffries, D-NY, for selecting him as the senior most member on the Democratic side (Ranking) for the new Committee.
“The Chinese Communist Party poses serious economic and security threats to the United States and to democracy and prosperity across the globe, illustrated by its threats against Taiwan’s democracy, its weaponization of TikTok, and its theft of hundreds of billions of dollars’ worth of American intellectual property,” Krishnamoorthi is quoted saying in the press release. “I look forward to working with my colleagues in both parties on this committee to counteract the CCP’s escalating aggression and ensure that our nation is prepared to overcome the economic and security challenges that the CCP presents to our country,” he added.
He however drew attention to the anti-Asian hate and violence on the rise, and cautioned policymakers that it needed to protect all Americans, “while avoiding dangerous rhetoric that fuels the types of xenophobia that have endangered members of the Asian American and Pacific Islander community.”
He appreciated the Republican Chairman of the new Committee, Mike Gallagher of Wisconsin, for “repeatedly” demonstrating “his singular focus on the committee’s critical undertaking of readying the United States for all the challenges posed by the Chinese Communist Party,” and was looking forward to working with him.
Another Indian-American Congressman, Ro Khanna, D-California, is appointed to the new House Select Committee on the Strategic Competition Between the United States and the Chinese Communist Party. Khanna recently authored a piece in Foreign Affairs journal outlining the role that China has played in the deindustrialization of America and his vision to reduce the trade imbalance and lower tensions between the two countries through increasing American production.
In a statement, Khanna said he was honored to be appointed and “look forward to working with Chairman Gallagher, Ranking Member Krishnamoorthi and all of the members on the committee to look seriously at the economic relationship between the United States and China. I plan to use my seat on the committee to bring attention to our trade deficit with China while also working to address the security risk China poses to Taiwan,” Khanna added.
“I take my role as the representative for the only majority Asian American community in the continental United States very seriously. We can be tough on the Chinese Communist Party while unequivocally condemning anti-Asian racism and the increase in hate crimes targeting the Asian American community,” Khanna went on to say. “It is my hope that the work done by this committee will help chart a productive path forward and prevent inflammatory rhetoric, violence, and discrimination,” he said.
Congresswoman Pramila Jayapal, D-Washington State, the first and only Indian-American woman elected to the lower house, has been reassigned to the powerful House Budget Committee. Jayapal, a champion of immigration, led Democrats in introducing the “Roadman to Freedom” resolution, which she has described as “a visionary north star for immigration reform” according to a press release from her office Jan. 27, 2020.
“While establishing a roadmap to citizenship for 11 million people, this progressive vision signals a strong commitment to transforming the immigration system so it is humane, fair, equitable, and focused on respect, dignity, and family unity,” the press release says.
“As a lifelong immigrant rights organizer who created the largest immigrant rights organization in Washington state before becoming one of only 14 naturalized citizens serving in Congress today, I know that we must do far more than simply reverse the harmful, xenophobic policies of the Trump Administration,” Jayapal is quoted saying in the press release. “Our immigration system has been broken for decades, and with a new president in office, we must finally reform it in a humane way that focuses on respect, dignity, family unity and real opportunity for all immigrants,” she added noting that she will be working with the Congressional Hispanic Caucus, Congressional Black Caucus and Congressional Asian Pacific American Caucus to introduce the Roadmap to Freedom.
Congressman Ami Bera, D-California, was named chair of the House Foreign Affairs Subcommittee on Asia, the Pacific, Central Asia, and Nonproliferation for the 117th Congress. Dr. Bera is the first Indian-American elected since 1957 when Dalip Singh Saund, also of California, was elected to the House of Representatives.
Saying he was honored to be named chair of the subcommittee, Bera noted, “Asia continues to be the most consequential region for American foreign policy, as our economy and national security are intrinsically linked to this region.” Bera was also selected to serve on the House Foreign Affairs Subcommittee on Africa, Global Health, and Global Human Rights. He also serves as Co-Chair of the Congressional Caucus on Korea and previously chaired the Congressional Caucus on India and Indian Americans.
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