Global Scans · India · Weekly Summary

WHAT'S NEXT?: India's ambitions, particularly in technology and economic growth targets promise much from this populous country determined to be a world leader.

• [New] The Union government is expected to roll out a new test to diagnose specific learning disabilities in adults in India by the end of the year. Optimize IAS
• [New] Although there is potential for using artificial intelligence in analyzing data and choosing treatments for personalized medicine, this technology is still early in its development in India's healthcare system. The Week
• [New] Electricity demand is expected to continue growing rapidly in India, but strong domestic mining could limit import demand growth. Bimco
• [New] If India balks at a crossing and continues its old bad habit of election rigging and denying Kashmiri self-determination celebrated in United Nations Security Council resolutions, then Kashmir will remain beleaguered by repression, misery and destitution. Voice of East
• [New] Reserve Bank of India has allowed Indian residents to hedge their gold price risk on recognised exchanges in the International Financial Services Centre. EDUREV.IN
• [New] In the APS, nearly 25% of battery demand is outside today's major markets in 2030, particularly as a result of greater demand in India, Southeast Asia, South America, Mexico and Japan. IEA
• [New] Congress MP Rahul Gandhi claimed that 10 years of Narendra Modi government saw only 22-25 persons becoming billionaires, but if the INDIA alliance is voted to power, it will turn crores of people into lakhpatis. The Hindu
• [New] Considering Germany still receives a good deal of Russian oil, albeit after the sanctioned crude has been refined and re-exported from India, a similar scheme could easily occur in the notoriously opaque world of diamonds. businesslive
• [New] The Modi administration and the BJP leadership are aware that India will need to achieve economic self-sufficiency in many areas if it is to become the third largest economy globally. Times of India
• [New] On the upliftment of minorities, it said, the economic empowerment of minorities is a necessary step for India to realise its full potential and promises to ensure that banks will provide institutional credit to minorities without discrimination. The New Indian Express
• [New] While India may have been slower to embrace the AI revolution, there are substantial opportunities for growth, especially with an emerging startup ecosystem and increased investments in generative AI capabilities by IT companies. BusinessLine
• [New] What India does to ensure water for domestic supply, food security, and the clean energy transition will matter to its economy. The Hindu
• [New] Growth in India is projected to remain strong at 6.8% in 2024 and 6.5% in 2025, with the robustness reflecting continuing strength in domestic demand and a rising working-age population. IMF eLibrary
• [New] China's assertiveness in the SCS and Indian Ocean has prompted India to adopt a more proactive stance in response to perceived threats to its maritime security. Blog
• [New] IndiGo's parent firm InterGlobe Enterprises and US-based Archer Aviation will be launching an all-electric air taxi service in India in 2026. FinancialExpress
• [New] The BA and MA degrees of India will become equivalent to the UK universities A MoU is being signed which will include the degrees of Indian students. en_US
• [New] New Delhi, InterGlobe Enterprises, the parent company of India's top airline IndiGo, and US-based Archer Aviation will launch an all-electric air taxi service in India in 2026, that will carry passengers from Connaught Place in the national capital to Gurugram in Haryana in just 7 minutes. Hindustan Times
• [New] The launch of an all-electric air taxi service has the potential to stimulate economic growth and create new employment opportunities in India's aviation sector. Blogger
• [New] In a bold move towards sustainable aviation, InterGlobe Enterprises, the parent company of IndiGo, is gearing up to revolutionize air travel in India with the launch of an all-electric air taxi service by 2026. Blogger
• [New] Modi wants to turn India into a global manufacturing hub, continue its massive infrastructure transformation, and achieve energy independence by 2047. CNN
• [New] A new class of entrepreneurs could stimulate job creation, expand India's startup ecosystem, spur innovation, and promote youth participation. Times of Oman
• In China and India, we expect investment to contribute disproportionately to growth-much of it public, especially in India. Eurasia Review

Last updated: 28 April 2024