Last month, Indian Prime Minister Narendra Modi met with Chinese President Xi Jinping to talk about keeping peace at their border. Indian External Affairs Minister S. Jaishankar told Parliament that both leaders agreed that when issues arise, they should be handled properly to avoid any disturbance in the border areas.
India and China have experienced serious tensions since 2020 due to a military standoff in the Ladakh region. However, after negotiations, they reached agreements on patrolling in two sensitive areas: Demchok and Depsang. Following this, Modi and Xi met during the Brics Summit in Kazan, Russia. Jaishankar noted that Modi welcomed the plans to fully disengage and resolve problems from the 2020 border situation.
During their conversations, they emphasized the need to use dialogue and meetings at different levels to improve their relationship. Jaishankar also shared that he met with China’s Foreign Minister Wang Yi on the sidelines of the G20 Summit in Brazil, focusing on the future of India-China relations. They agreed to hold upcoming meetings between special representatives regarding the border issue, as well as restoring the Kailash Mansarovar pilgrimage, sharing data on rivers crossing borders, and improving flights and media exchanges between the countries.
Jaishankar added that the Indian government keeps Parliament informed about significant progress and regularly addresses any border issues with China through established meetings and diplomatic channels. China’s Foreign Ministry recently stated that they are working closely with India to implement resolutions regarding border issues.
In a separate matter, Jaishankar addressed violence against minority communities in Bangladesh. He mentioned incidents involving Hindus and attacks on religious places during the recent Durga Puja festival. The Indian government has expressed concern about these attacks, particularly a serious attack on a puja mandap in Dhaka. The Bangladeshi government has increased security measures to ensure peaceful celebrations during this festive time. Jaishankar highlighted that the responsibility for protecting all citizens, including minorities, belongs to the Bangladeshi government.
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India and China Focus on Peaceful Border Relations
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India’s Live Events Industry: A Thriving Market Worth Rs 143 Billion
The Exciting Growth of Live Events in India
India’s live events industry is growing really fast. It’s now worth a whopping Rs 88 lakh crore and is expected to grow by 18% every year until 2026! Big companies like TIPS Music, Saregama India, and Zomato are taking advantage of this boom. Famous artists like Coldplay and Diljit Dosanjh are performing at these events, and ticket prices can go as high as Rs 1 lakh!
Live music in India used to be just for a few fans, but now it’s popular everywhere. More people want to see both local and international stars. With more money to spend and a big number of young fans, the demand for live concerts is soaring. Event organizers are teaming up with digital platforms to make this even better.
TIPS Music
TIPS Music is one of the top music labels in India. They have a large collection of songs and are expanding their presence in live events. They are doing great on platforms like YouTube, which helps them sell more tickets and earn more money through licensing. Recently, TIPS Music partnered with TikTok to reach even more fans.
Saregama India
Saregama India is also doing well in the live events world. Their partnership with popular artist Diljit Dosanjh for his “Dil Luminati” tour has been a huge success. The tour is one of the fastest-selling in India, and it will help Saregama earn more money from live events.
Zomato
Ticket platforms like Zomato and BookMyShow are also growing. Zomato, using its ticketing platform Insider, is not just selling tickets but is also benefiting from food orders from concert-goers. BookMyShow is the leading ticketing site in India and is making a lot of money from exclusive events. After the pandemic, interest in live shows has picked up a lot.
People are especially excited about Coldplay’s upcoming shows in India, starting in January 2025. Tickets for Coldplay are so in-demand that they are being sold for as much as Rs 10 lakh on resale sites!
The live events market in India is expected to reach Rs 143 billion by 2026. This means companies involved in music licensing, ticketing, and event management are in a great position to profit. The growing enthusiasm for concerts like Coldplay and Diljit Dosanjh indicates a very bright future for live music in India.
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Who is Chinmoy Krishna Das and Why He Is In Bangladesh’s Jail? Know Everything About Him Here.
Chinmoy Krishna Das Brahmachari is a well-known leader in the Hindu community of Bangladesh. Recently, he was arrested on serious charges, which has led to a lot of protests from his supporters. Many people are worried about how minorities, like Hindus, are treated in the country.
Chinmoy Krishna Das is the head of Pundarik Dham, a center for the International Society for Krishna Consciousness (Iskcon) in Chittagong. He also speaks on behalf of an organization called Sanatan Jagaran Mancha, which focuses on protecting Hindu rights. Since August 5, when a new government took over, he has become a strong voice against violence toward Hindus and other minorities. He is from Satkania Upazila in Chittagong and is known for his powerful religious speeches, earning him the nickname ‘Shishu Bokta’ because of his early popularity as a preacher. From 2016 to 2022, he served as the secretary for Iskcon in Chittagong and took over as the leader of Pundarik Dham in 2007. Many Hindu leaders say that Sanatan Jagaran Mancha was created to help Hindus during times of unrest, and Chinmoy represents the Hindu community as a whole, not just Iskcon. On November 22, he spoke at a protest in Rangpur to speak out against the violence toward Hindus.
His arrest has sparked concerns. Although the precise reason for his arrest is not clear, reports say he is accused of disrespecting the Bangladeshi flag during a rally in October. He and 18 others were charged with sedition for raising a saffron flag above the national flag in Chittagong on October 25, which some people called “desecration.” -
MEA confirms no prior info received on the Adani Group’s indictment by the U.S.
On Friday, India’s foreign ministry stated that they were not informed beforehand about the charges against Gautam Adani by the U.S. Department of Justice. They also mentioned that they have not received any official requests for legal action from the U.S. yet.
Spokesperson Randhir Jaiswal said during a press briefing, “India was not informed before this issue. We have not had any talks about this with the U.S. government. Requests for legal matters are usually handled through mutual cooperation.”
Jaiswal emphasized that this case involves “private companies,” and India is not involved legally at this moment. He added, “We don’t have any requests from the U.S. about this case. The Indian government isn’t a part of it right now.”
Recently, the U.S. Department of Justice filed charges in a New York court, claiming that more than $250 million in bribes were paid to Indian officials. This was to secure solar power contracts that could earn Adani Group around $2 billion over 20 years. Importantly, the charges did not name Gautam Adani, his nephew Sagar, or Vneet Jain in any conspiracy to break U.S. anti-corruption laws.
The Adani Group called these allegations “baseless” and stated they would take legal action to protect their name. In their statement, they pointed out that media reports incorrectly suggested that Gautam Adani, Sagar Adani, and Vneet Jain were charged with breaking U.S. laws. According to the indictment, it mentioned five specific charges but did not link these directors to bribery or obstruction of justice.
The Adani Group clarified that while three charges were made against certain company officials related to fraud, Gautam Adani and the others were not part of any bribery accusations. The news sparked a lot of debates in the Indian Parliament, with opposition members demanding a special investigation committee to look into the matter
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Widow of Pulwama Martyr Accuses In-Laws of Stealing Rs 5 Crore
Nearly a year after demanding a government job for her brother-in-law, the widow of a Pulwama martyr has accused him and her other in-laws of stealing money from her. Manju Lamba, who lost her husband, Rohitash Lamba, in the Pulwama attack, filed a police report on Tuesday. She claims her in-laws took away Rs 5 crore, which was financial help given to her after her husband’s death.
Manju, who was left to care for her two-month-old son alone after the attack on February 14, 2019, received support from the CRPF, the government, and charities. Manju says that from 2019 to 2022, her in-laws forced her to sign blank checks, allowing them to take all her money. She also claims they changed her bank account’s mobile number to one of their own, so she wouldn’t get alerts about any money taken out.
A police official confirmed that they have registered her complaint and are now looking into the matter
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Indian Stars Shine Bright in Hollywood in 2024
2024: A Big Year for Indian Actors in Hollywood
2024 has been a fantastic year for Indian actors making waves in Hollywood. Talents like Tabu, Sobhita Dhulipala, Ishaan Khatter, and Ali Fazal have landed important roles in popular movies and web series. Films like “Dune: Prophecy” and the Netflix show “The Perfect Couple” highlight how Indian cinema is becoming a big deal around the world.
This year, Indian artists are not just coming in for small parts but are starring in huge franchises like “Mission: Impossible 8” and exciting projects like “Monkey Man,” directed by Dev Patel. Hollywood is starting to recognize India as a place full of creative ideas.
2024 is clearly a breakthrough year, opening new possibilities for Indian artists, and paving the way for more cultural sharing between Hollywood and Bollywood. Now, audiences can look forward to seeing Indian stories and characters more often in global entertainment.
Here are some key highlights for Indian actors this year:
– Sobhita Dhulipala plays the main role in “Monkey Man,” sitting alongside Sikander Kher, who is also making his Hollywood debut.
– Ishaan Khatter stars in Netflix’s “The Perfect Couple,” sharing the screen with famous actors like Nicole Kidman.
– Tabu brings her amazing talent to the prequel of “Dune,” where she plays Sister Francesca.
– Banita Sandhu joins the cast of “Bridgerton Season 3,” adding South Asian representation to the show.
– Adarsh Gourav will be in Ridley Scott’s upcoming project in the “Alien” series, set before the original film.
– Ali Fazal leads the film “Afghan Dreamers,” directed by Oscar winner Bill Guttentag.
– Avneet Kaur makes her debut in “Mission: Impossible: Dead Reckoning Part Two,” alongside Tom Cruise.
– Neha Dhupia will be in the drama “Blue 52,” directed by Egyptian filmmaker Ali El Arabi.
The entertainment world is changing and becoming more diverse, giving actors from India a chance to tell real stories on global screens. -
Indian Single Malt Whiskey: A New Global Sensation!
India is becoming famous for more than just yoga, Bollywood movies, and delicious chicken tikka masala. Now, Indian single malt whiskey is making waves around the world! This unique whiskey comes from one distillery and has its own special flavor. With more people in India enjoying whiskey, distilleries are producing top-quality single malts that are winning awards.
For example, Amrut Triparva was recognized in the 2024 Best in Class list, and Indri Diwali Collector’s Edition 2023 won top honors last year. Many restaurants, like Bungalow in New York, see Indian whiskies like Indri selling better than famous brands like Macallan.
Sanjeev Banga, an industry leader, believes Indian whiskey is gathering attention just like New World wines did before. Excitingly, American whiskey makers are even using empty Indian whiskey barrels to create new tastes!
Indian distilleries are popping up everywhere. There’s GianChand from Jammu, Rampur in Uttar Pradesh, and Indri-Trini from Haryana, which uses local barley. Amrut is from Bangalore and kicked off India’s single malt journey back in 2004.
In 2023, Indian single malts outsold Scotch whiskies for the first time, making up about 53% of sales in the whiskey market! Big companies like Diageo and Pernod Ricard are now launching their own Indian brands. Pernod introduced Longitude 77, and Diageo has Godawan, both competing internationally.
Big plans are underway! Piccadily Agro, known for Indri, will invest a whopping Rs 1,000 crore to expand and even open a distillery in Scotland. Alexandre Ricard from Pernod believes that Indian single malt whiskey deserves its own category globally and is working to make that happen.
Currently, 24 distilleries in India make single malt whiskey, with more joining the industry. To help promote Indian whiskey globally, all manufacturers need to come together, and support from the government is crucial
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Indian Wages Drop, Signaling Economic Slowdown: Key Insights
Indian wages have dropped for the first time since COVID-19, slowing down the economy as people are spending less and businesses are earning less money. Between July and September, real wages for city workers went down by 0.5% compared to last year, according to Elara Securities. Other reports from companies like Motilal Oswal also show that wage growth is slowing down while prices are rising, which is making life harder for many city families. Even though the economy grew over 8% last financial year, many people are cutting back on purchases from soaps to cars because their incomes aren’t keeping up with rising prices.
Big companies like Maruti Suzuki and Hindustan Unilever have reported weaker sales and earnings. About half of the companies in the NSE Nifty 50 Index did not meet expected earnings in their latest reports. For Prime Minister Modi’s government, this slowdown is a challenge to its goal of creating more jobs and growing the economy. The finance and trade ministers are suggesting to lower interest rates, but the central bank governor is focused on keeping inflation under control.
India’s main opposition party is criticizing the government for not paying enough attention to the middle class’s economic struggles. Data expected soon is likely to show more signs of this slowdown, with growth for the last three months expected at 6.5%, which is the slowest in six quarters. Consumer spending accounts for nearly 60% of the economy, and slow hiring in the tech sector and poor profits in manufacturing are hurting real income.
IT services firms like Tata Consultancy Services, Infosys, Wipro, and HCL Technologies reported a smaller increase in employee costs compared to last year. This means families might need to use their savings or take on more debt to keep spending. Analysts believe that weak income growth is keeping consumer finances low.
Household spending will likely continue to be a problem in the coming quarters. Some economists expect GDP growth to drop to about 6.8% for the financial year, lower than earlier predictions. Other investment banks like Goldman Sachs are even more pessimistic, expecting only 6.4% growth. The Reserve Bank of India has a slightly more optimistic view, expecting 7.2% growth.
One reason for the slower growth is that the government hasn’t been spending as much as planned since the national elections. The Economic Affairs Secretary said that the government might not spend as much as it had targeted. They have spent only 37% of their budget for the first half of the fiscal year compared to 49% last year.
There are signs of better spending in rural areas, hinting that the worst may be over. Bloomberg Economics believes that growth has been held back by strict policies but is starting to improve. Increased rural spending from a good harvest could help the economy bounce back, especially when the central bank lowers rates.
The Reserve Bank of India is optimistic, saying that the economy is doing well overall and that both rural spending and private investments are getting better. The central bank hasn’t cut interest rates yet, even as the Federal Reserve has, because they are worried about the risks of inflation. -
India Plans Rs 40,000 Crore Boost for Local Electronics Manufacturing
The Indian IT ministry is planning to ask the Union Cabinet for a huge money package of Rs 40,000 crore next month. This package is aimed at helping local companies make more electronic parts. If approved, the investment could begin by April 2025.
This financial plan, developed by the Ministry of Electronics and Information Technology (MeitY), will focus not on semiconductors, but on other electronic components like circuit boards and batteries. The government wants to encourage more local production and to connect Indian companies with global electronics manufacturing.
After talking with businesses, MeitY is ready to submit a proposal in December. If the Cabinet gives the green light, companies will have 90 days to prepare for investments. Government officials are eager to get approval soon, so everything is set to start on April 1.
India’s need for electronic parts is expected to rise sharply to $240 billion by 2030. The goal is to increase local production from the current 15-18% to about 35-40% in the next five years, and even reach 50% eventually.
The total investment under this scheme could reach around Rs 82,000 crore, generating components worth between Rs 1.9 lakh crore to Rs 2.0 lakh crore. There are existing programs helping local assembly of electronic products, and the new plan is expected to focus on making phones and IT devices.
Discussions are ongoing about how exactly the support will look—like whether there will be subsidies for working capital or incentives linked to hiring more staff. Companies are hoping for quick approvals, especially for partnerships with firms from countries like Taiwan and China. Local businesses are also encouraging suppliers to invest in India.
The focus of the new scheme is to boost local production of vital components used in mobile phones and laptops. Right now, India heavily relies on imports for many of these important parts. It’s crucial that the country starts making more of its own products to avoid the risks associated with importing.
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Elizaveta Krivonogikh: Putin’s Secret Daughter in Hiding In Paris Amid Russia Ukrain War
Elizaveta Krivonogikh, a 21-year-old girl who many believe is the secret daughter of Russian President Vladimir Putin, has been living in Paris under a fake name since the war in Ukraine started. She now goes by the name Luiza Rozova and is pretending to be related to a friend of her father’s who has passed away.
Before the war, Elizaveta was very active on social media in Russia. However, she disappeared just days before Russia attacked Ukraine. Her mother, Svetlana Krivonogikh, used to be Putin’s girlfriend. Now, Svetlana is a wealthy businesswoman, owning parts of a big bank and a famous strip club in St. Petersburg.
Elizaveta and her mother are reportedly using the last name Rudnova. There are also claims that Putin has two other sons, who are living in quiet luxury and staying out of the spotlight.
An investigation found out that Elizaveta, now called Luiza, was once a student at the Paris School of Management and Arts but is no longer attending. She holds a passport that identifies her as Elizaveta Olegovna Rudnova, with her birthday listed as March 3, 2003.