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A Call for Localization and Ethical Capitalism: Insights from Finance Minister Nirmala Sitharaman
Finance Minister Nirmala Sitharaman, speaking at the IICA North East Conclave in Shillong, emphasized the need for globalization tailored to local needs and capitalism driven by ethical principles. Highlighting gaps in logistics, she called for improved infrastructure to boost the economic potential of India’s north-east. Sitharaman praised the region’s entrepreneurial spirit, noting 2,300 startups, and stressed the importance of institutions like IIM Shillong and IICA in fos


How Indian Immigrants Are Shaping the Billionaire Landscape in the US
Indian-born billionaires dominate Forbes’ 2025 America’s Richest Immigrants list, with 12 individuals surpassing other nationalities. Notable names include Sundar Pichai, Satya Nadella, and Jay Chaudhry, the founder of Zscaler, whose $17.9 billion fortune reflects his inspiring journey from a rural Himalayan village to Silicon Valley. Forbes identified 125 billionaire immigrants, with India, Taiwan, and Israel leading the ranks. Technology and finance are key wealth drivers,


Overseas Investors Repatriate Record $97.7 Billion from Indian Assets in FY25
Overseas investors repatriated a record $97.7 billion from Indian assets in FY25, up from $87.5 billion in FY24, driven by strong FDI inflows, bond yields, and Indian debt’s inclusion in the JPMorgan bond index. Income from foreign exchange reserves rose 33% to $21.7 billion, helping narrow the current account deficit. Balanced investment flows, with Indian firms earning more abroad, reduced past imbalances. India’s favorable policies and global financial integration enhance


China's Economic Milestone: surpassing US$19.5 trillion this year
China's GDP is set to exceed 140 trillion yuan ($19.5 trillion) in 2025, reflecting its economic resilience amid trade tensions and deflation. The 14th five-year plan (2021–2025) prioritized growth, innovation, sustainability, and improved livelihoods, achieving an average 5.4% annual growth despite COVID-19. Strengthened manufacturing and self-reliance in technology showcased adaptability. As the 15th five-year plan (2026–2030) takes shape, policymakers aim to boost domestic
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