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October 2023


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October 31, 2023

Prime Minister Narendra Modi has sent a Message for the Vigilance Awareness Week 2023, being observed countrywide in India.


Vigilance Awareness Week, Prome Minister Modi


Photo: Prime Minister Narendra Modi’s Message for the Vigilance Awareness Week 2023 being observed in India. The Prime Minister has commended the institutions celebrating Vigilance Awareness Week and has encouraged them to continue their efforts throughout the year.

Source: Central Vigilance Commission

|GlobalGiants.Com|


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Edited & Posted by the Editor | 2:32 PM | View the original post





October 30, 2023

Mastercard India releases a special World Cup anthem, enabling fans to relive the 2011 triumph.


Mastercard, Cricket, India


New Delhi, October 30, 2023 — In light of the Indian cricket team’s ongoing winning streak in the ICC Men’s Cricket World Cup 2023, Mastercard has launched a special anthem that allows millions of cricket fans across the country to relive the 2011 victory.

The anthem features Mastercard’s brand ambassador and former World Cup-winning captain Mahendra Singh Dhoni reminiscing about the moments leading up to the historic win 12 years ago at Mumbai’s Wankhede Stadium. It showcases scores of fans cheering for the Men in Blue as they chased down Sri Lanka’s 275-run target to win the coveted trophy.

The anthem, powered by Mastercard’s iconic Sonic brand tune, has been created with the theme of “Har fan hai priceless” (every fan is priceless). It includes the former Indian skipper emphasizing that every cheer by cricket fans plays a significant role in lifting players’ spirits. The video also shows Dhoni remembering when all Indian fans in the stadium began chanting “Vande Mataram.”

Mastercard’s executive vice president and head of marketing & communications, Asia Pacific, Julie Nestor, said, “This anthem is a tribute by Mastercard to millions of India’s cricket fans who breathe life into the game. As ICC’s global partner for this year’s World Cup and a brand with a strong connection with Indian cricket, Mastercard is committed to providing memorable opportunities and experiences to fans. The undying spirit and depth of emotions exhibited by fans in every match that India plays are simply priceless.”

Source: Mastercard India

|GlobalGiants.Com|


Vande Mataram - Mastercard India Anthem - ICC Men’s CWC 2023




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Edited & Posted by the Editor | 8:49 AM | View the original post





The President and the Vice President of India send Messages for the Vigilance Awareness Week 2023.


Vigilance Awareness Week


Vigilance


Photos: The President and the Vice President of India sent messages for the Vigilance Awareness Week (October 30 to November 5, 2023) conducted by the Central Vigilance Commission.


New Delhi, October 30, 2023 — Vigilance Awareness Week is one of the Participative Vigilance initiatives of the Central Vigilance Commission in the fight against corruption. It is an awareness-building and outreach measure that aims to unite all the stakeholders. It creates greater sensitivity to the need for ethics and transparency in governance and public administration.

Through Vigilance Awareness Week, the Central Vigilance Commission endeavors to promote integrity and eradicate corruption with the active support and participation of all citizens. For the past three years, there has been a campaign up to the week with preventive vigilance initiatives as focus areas.

Source: Central Vigilance Commission

|GlobalGiants.Com|


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Edited & Posted by the Editor | 3:34 AM | View the original post





October 29, 2023

Leica Launches World's First Camera with Content Credentials


 Content Authenticity Initiative


 Content Authenticity Initiative, Leica


Photo: A Leica Camera. Image provided by Leica.


San Jose, CA, October 28, 2023 — Leica has launched the M11-P camera, the world’s first with built-in Content Credentials.

It is a significant milestone for the Content Authenticity Initiative (CAI) and the future of photojournalism. The camera provides a new way for photojournalists and creatives to combat misinformation and bring authenticity to their work and consumers.

The Leica M11-P camera captures each image with secure metadata, including camera make and model, who captured the image, when, and how they did so. Each image captured will receive a digital signature, ensuring authenticity. It will help combat the rise of manipulated content and misinformation and ensure trust in the digital ecosystem.

Integrating the CAI framework in the Leica M11-P camera is a significant moment for trust and transparency for photographers and creatives. Content Credentials are seeing accelerated adoption worldwide, including among photojournalists, news outlets, creative professionals, everyday consumers, social media influencers, artists, and innovators.

Transparency at the point of capture is the most robust chain of authenticity.


Source: Leica, Content Authenticity Initiative (CAI)

|GlobalGiants.Com|


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Edited & Posted by the Editor | 3:09 AM | View the original post





October 26, 2023

Bollywood Superstar Katrina Kaif joins Swiss Watchmaker Rado as a Brand Ambassador.


Rado, Katrina Kaif


Photo: Rado appoints Katrina Kaif as global brand ambassador.


New Delhi, India, October 26, 2023 — Swiss watchmaker Rado has announced the appointment of Bollywood superstar Katrina Kaif as its Global Brand Ambassador to emphasize its commitment to precision, innovation, and craftsmanship.

Katrina Kaif perfectly embodies Rado’s values with her timeless beauty and international appeal. The announcement of this partnership accompanied a captivating campaign video that showcased the new Centrix watch, elegantly worn by Katrina.

This watch is designed to cater to the needs of the modern-day woman who believes in embracing the power of timeless moments and seizing every opportunity that comes her way. With Rado and Katrina Kaif collaborating, the future of style, innovation, and sophistication in luxury watches looks brighter.

Source: Rado

|GlobalGiants.Com|


• Katrina Kaif joins Rado as Global Brand Ambassador.




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Edited & Posted by the Editor | 9:02 AM | View the original post





October 25, 2023

Prime Minister Modi addresses Vijaya Dashami celebrations in Delhi.


Dussehra


Dussehra


Dussehra


Dussehra


Dussehra


Photos: Glimpses of Vijaya Dashami (Dussehra) celebrations at DDA ground in Dwarka, New Delhi, on October 24, 2023. Prime Minister Modi was present at the event.


New Delhi, October 24, 2023 — Prime Minister Narendra Modi attended the “Ram Leela” at Dwarka in Delhi and witnessed the “Ravan Dahan” ceremony.

During the event, the Prime Minister spoke about the significance of Vijaydashimi, which symbolizes the triumph of justice over injustice, humility over arrogance, and patience over anger. He emphasized the importance of renewing pledges on this auspicious day.

The Prime Minister also mentioned the recent Chandrayaan landing and the tradition of Shastra Poojan, emphasizing that in India, weapons are used for defense, not annexation. He explained that Shakti Pooja represents the well-being and happiness of all creation and highlighted the eternal and modern aspects of Indian philosophy.

Speaking about the Ram Temple being built on Lord Ram’s birthplace, the Prime Minister said that it symbolizes the victory of the patience of Indians after centuries of waiting. He also mentioned that prayers at the temple on the next Ram Navmi will spread happiness worldwide. “Bhagawan Shri Ram bas aane hi wale hain,” the Prime Minister said, echoing the belief that Lord Ram’s arrival is imminent, citing signs similar to those described in Ramcharitmanas.

The Prime Minister emphasized that India is emerging as the world’s largest and most trusted democracy. He expressed his belief that India’s fortunes would rise after 75 years of independence and the arrival of Lord Ram under such auspicious signs.

Additionally, the Prime Minister emphasized the need to stay vigilant against forces that cause disharmony, casteism, and regionalism, which hinder India’s development. He called on everyone to pledge to end discrimination and evils in society.

Source: Prime Minister’s Office

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Edited & Posted by the Editor | 6:42 AM | View the original post





October 23, 2023

Chandigarh University hosts an International Music & Dance Festival.

Extraordinary cultural extravaganza at Chandigarh University; cultural troupes of over 40 countries participate.


Chandigarh University cultural festival


Chandigarh University, cultural festival


Photo: Artists from 40 countries participated in the International Dance & Music Festival at the Chandigarh University Campus. Image provided by Chandigarh University.


Chandigarh, India, October 23, 2023 — Chandigarh University hosted an International Music & Dance Festival that featured cultural troupes from over 40 countries.

Chandigarh University organized the event in collaboration with the Indian Council for Cultural Relations (ICCR), Ministry of External Affairs, Government of India.

The International Music & Dance Festival hosted by Chandigarh University was a cultural exchange event to promote international culture and celebrate diversity and inclusivity. The event’s main objective was to build a more compassionate and harmonious society by bringing people from different parts of the world together in celebration.

The cultural troupes from Malaysia, Iraq, Kyrgyz Republic, Nepal, Bhutan, Kazakhstan, Lesotho, Romania, and Bangladesh dressed in colorful traditional attires showcased the beauty of their respective countries’ indigenous music and dance cultures. All the cultural troupes also participated in the CU campus procession - celebrating the diverse cultures and unity of diversity.

Meenakshi Lekhi, Union Minister of State (MoS) for External Affairs and Culture, the chief guest on the occasion, said that Indian culture is the culture of science. Amit Sahai Mathur, program director of the Indian Council for Cultural Relations (ICCR), attended the event as the guest of honor.

The Chancellor of CU, Satnam Singh Sandhu, explained that the event’s purpose was to unite the world as one universal family. The grand occasion exhibited the diversity and unity of the world. He said it is crucial to promote the dignity of world culture and to involve our youth in this culture so that we can foster cultural ties and create a better world, adding that such events sow the seeds of peace and compassion among the youth.

The cultural troupe from Kazakhstan gave dance and music performances. Similarly, the visiting troupe from the Kyrgyz Republic, the ‘Ak-Niet’ dance ensemble, presented Kyrgyz folk dances. The cultural troupe from Bhutan performed the ‘Joenpa Legso.’ The team from Nepal performed the Dishka Dance and Jhijhiya Dance. The team from Lesotho performed the Mokhibo dance. The Sugam Karnatica group from Malaysia presented a traditional Malaysian music performance. ‘SUFLET - Soundscapes from the Carpathians and the Himalayas’ was the performance from Romania. A cultural troupe from Bangladesh presented their folk dances.

The event celebrated the friendship between countries and gave different countries a platform to come together and share their fascinating culture worldwide.

Source: Chandigarh University

|GlobalGiants.Com|


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Edited & Posted by the Editor | 6:10 AM | View the original post





October 21, 2023

University of Phoenix College of Doctoral Studies scholars participate in the 2023 International Leadership Association 25th Global Conference.

International Leadership Association

​Washington, DC, October 20, 2023 — Leadership scholars, faculty, students, and fellows from the University of Phoenix College of Doctoral Studies and research centers attended the International Leadership Association’s (ILA) 25th Global Conference, “Cultivating Leadership for a Thriving Future” in Vancouver, Canada from October 12-15.

The conference aimed to collectively create consequential disruptions with questions and inject new thinking into current leadership practices, policies, structures, research, and beliefs as participants worked to cultivate a thriving future. It offered attendees opportunities to commit to being in a community with a diverse group of learners and leaders worldwide as a leadership practice. The event offered hundreds of sessions, featured speakers, panels with presenters worldwide, in-person and live online, and professional networking opportunities.

The University of Phoenix researchers made notable contributions at this global conference. Hinrich Eylers, Ph.D., P.E., vice provost, College of Doctoral Studies, University of Phoenix, stated, “Our research centers cultivate leadership practices and vision, and it’s exciting to see so many of our scholars’ and practitioners’ research efforts highlighted at this event.”

ILA selected several researchers from the University of Phoenix to present their research at the conference. They included:

The University of Phoenix’s College of Doctoral Studies research program is built around the Scholar, Practitioner, Leader Model, which puts students at the center of the Doctoral Education Ecosystem®. The program provides students with experts, resources, and tools to help prepare them to be leaders in their organization, industry, and community. Through this program, students and researchers work with organizations to conduct research they can apply in the workplace in real time.

The International Leadership Association (ILA), Washington, DC, is the most significant worldwide community committed to leadership scholarship, practice, development, and education, celebrating its 25th anniversary in 2023. The ILA convenes leadership talent across sectors, cultures, and disciplines to advance leadership knowledge and practice for a better world by creating a trusted learning space and resources.

Source: University of Phoenix

|GlobalGiants.Com|

— The Editor is an Active Member of the International Leadership Association (ILA).


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Edited & Posted by the Editor | 10:12 PM | View the original post





Miss Universe and Live Bash announce Streaming deals for Preliminary and National Costume Competitions.


Miss Universe

ENLARGE


Photo: Comedian Nick Teplitz introduces the Miss Universe contestants during the Welcome Event at Planet Hollywood Resort & Casino in Las Vegas, USA, on December 7, 2015. Image provided by & Copyright © The Miss Universe Organization, New York. Photographer: Matt Petit. [File Photo]


New York, October 20, 2023 — Miss Universe and Live Bash have teamed up to bring their fans the Preliminary Competitions and National Costume Shows for this year’s Miss Universe competition. Fans worldwide can watch these events exclusively at MissUniverse.LiveBash.com for a ticket price of $5.

Live Bash will be streaming both events. The Preliminary competition will appear live on the website on November 15, 2023, at 8 pm EST / 7 pm CST. This competition will feature delegates from 85+ countries competing in the Swimsuit and Evening Gown rounds in El Salvador.

Live Bash will stream The National Costume Competition live on November 16, 2023, at 9 pm EST / 8 pm CST. Each delegate will take the stage in a costume that embodies the spirit and traditions of their homeland. This show is not part of the official judging, but it will surely be fun for the audience!

The final Miss Universe competition will take place in El Salvador on November 18, 2023. Fans can check their local broadcast listings to find this event’s viewing option.

Kristin Patterson, CEO of Live Bash, expressed her excitement over the partnership, saying, “At Live Bash, we’re all about bringing fans experiences they love, so we are beyond thrilled to partner with Miss Universe this year to bring fans all over the world the opportunity to watch the preliminary competition and costume show.”

Source: Miss Universe Organization

|GlobalGiants.Com|


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Edited & Posted by the Editor | 1:33 AM | View the original post





October 20, 2023

UNESCO launches State of the Education Report for India 2023


UNESCO Education


UNESCO Education


UNESCO Education


Photos. UNESCO launches State of the Education Report for India 2023. Images provided by & copyright © UNESCO New Delhi.


New Delhi, October 20, 2023 — The UNESCO New Delhi Regional Office has launched the fifth edition of its annual flagship report - Seeds of Change: UNESCO 2023 State of the Education Report for India.

The report explores the role of education in addressing the complex challenges posed by climate change. India has witnessed the consequences of climate change through climate disasters and biodiversity losses, and education can play a crucial role in shaping a generation that understands the gravity of this issue and can combat it.

The report concludes with ten concrete recommendations for education sector stakeholders to enhance education’s role in addressing climate change. The launch event also showcased an exhibition highlighting various initiatives taken to develop education to address climate change in India.

Source: UNESCO New Delhi Office

|GlobalGiants.Com|


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Edited & Posted by the Editor | 10:27 AM | View the original post





October 19, 2023

Dozens of Student Teams Worldwide to Compete in NASA Rover Challenge


NASA


NASA


Photo: Indian Ambassador Taranjit Sandhu signs the Artemis Accords, as U.S. Department of State, Deputy Assistant Secretary for India, Nancy Jackson, left, NASA Administrator Bill Nelson, and Indian Space Research Organization (ISRO) Space Counsellor Krunal Joshi, right, look on, Wednesday, June 21, 2023, at the Willard InterContinental Hotel in Washington. India is the 27th country to sign the Artemis Accords, establishing a practical set of principles to guide space exploration cooperation among nations participating in NASA’s Artemis program. Photo Credit: (NASA/Bill Ingalls).



WASHINGTON, October 18, 2023 — NASA has announced that it has selected 72 student teams to participate in an engineering design challenge. The challenge involves building human-powered rovers that will compete next April at the U.S. Space & Rocket Center in Huntsville, Alabama.

The Human Exploration Rover Challenge will celebrate its 30th anniversary in 2024. It invites high school, college, and university students to design, build, and test lightweight, human-powered rovers on an obstacle course that simulates lunar and Martian terrain. The teams will also be required to complete mission-focused science tasks.

These student teams come from various high schools, colleges, and universities. They represent 42 colleges and universities, 30 high schools from 24 states, the District of Columbia, Puerto Rico in the USA, and 13 other countries worldwide. Student teams from High schools, colleges, and universities selected from India come from the following cities: Goa, Bengaluru, Mumbai, Delhi, Chennai, Faridabad, and Chandigarh.

NASA believes this authentic learning challenge will encourage students to improve their understanding of collaboration, inquiry, and problem-solving strategies. Vemitra Alexander, rover challenge activity lead, Office of STEM Engagement at NASA Marshall, stated that “improving these critical real-world skills will benefit our students throughout their academic and professional careers.

During the nine-month challenge, students must complete design and safety reviews that mirror the process used by NASA engineers and scientists. The agency also has vehicle weight and size requirements, encouraging students to consider lightweight construction materials and stowage efficiency, as they will have to replicate similar payload restrictions to NASA launch operations.

Throughout the project year, teams will earn points by completing design reviews and fabricating a rover capable of meeting all criteria while completing course obstacles and mission tasks. The teams with the highest points accumulated throughout the year will win their respective divisions. The challenge will conclude with an April 19 and April 20, 2024, event at the U.S. Rocket and Space Center.

This competition is one of the nine Artemis Student Challenges and reflects the goals of NASA’s Artemis program, which includes landing the first woman and first person of color on the Moon. The NASA Southeast Regional Office of STEM Engagement at Marshall manages it. NASA uses challenges and competitions to encourage students to pursue degrees and careers in science, technology, engineering, and mathematics.


• NASA has selected the following 72 student teams to begin an engineering design challenge to build human-powered rovers that will compete next April at the U.S. Space & Rocket Center in Huntsville, Alabama, near the agency’s Marshall Space Flight Center:

Source: NASA

|GlobalGiants.Com|


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Edited & Posted by the Editor | 1:58 AM | View the original post





October 16, 2023

UNESCO names Rio de Janeiro as World Book Capital for 2025


The Director-General of UNESCO, Audrey Azoulay, designated Rio de Janeiro (Brazil) as the World Book Capital 2025.


World Book Capital


Photo: Seaside view, Catacumba Park, Rio de Janeiro, Brazil. UNESCO has named Rio de Janeiro as the World Book Capital for 2025. Image credit: Second-Half Travels.

Paris, October 12, 2023 — “Books are vital vehicles to access, transmit and promote education, science, culture and information worldwide. Thanks to books, we keep ourselves informed and entertained and can better understand our world. It is why UNESCO designates a World Book Capital each year. After Accra in 2023 and Strasbourg in 2024, I am pleased to announce the designation of Rio de Janeiro as the World Book Capital for 2025,” UNESCO Director-General Audrey Azoulay announced.

UNESCO and the World Book Capital Advisory Committee commended Rio de Janeiro’s demonstration of the importance of its literary heritage alongside a clearly defined vision and action plan to promote literature, sustainable publishing, and reading among young people tapping into digital technologies. It was the first time a Portuguese-speaking city was designated World Book Capital.

Rio de Janeiro is a huge seaside city in Brazil. In line with priorities expressed in the World Book Capital Charter, Rio de Janeiro conceives its project as having the ability to affect social change - through, for example, literacy, education, and poverty eradication - and bring sustainable economic benefit linked to the UN’s Sustainable Development Goals.

The year of celebrations will start on April 23, 2025, on World Book and Copyright Day.

Cities designated as UNESCO World Book Capitals undertake to promote books and reading for all ages and groups, within and across national borders, and to organize a program of activities for the year.

As the twenty-fifth city to bear the title since 2001, Rio de Janeiro follows:

The UNESCO World Book Capital Advisory Committee comprises representatives of the European and International Booksellers Federation (EIBF), the International Authors Forum (IAF), the International Federation of Library Associations (IFLA), the International Publishers Association (IPA), and UNESCO.

Source: UNESCO

|GlobalGiants.Com|


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Edited & Posted by the Editor | 1:23 AM | View the original post





October 12, 2023

WIPO Director General visits CSIR New Delhi


WIPO


Photo: WIPO Director-General visits CSIR (Council of Scientific & Industrial Research) New Delhi. October 12, 2023.


New Delhi, October 12, 2023 — Mr. Daren Tang, Director General of the World Intellectual Property Organization (WIPO), along with other distinguished delegates from WIPO, visited the Traditional Knowledge Digital Library (TKDL) facility at the CSIR (Council of Scientific & Industrial Research). They participated in discussions on the CSIR Innovation System, TKDL, CSIR Technologies, and CSIR’s Current IP Strength & Strategy.

The CSIR team, led by Dr. (Mrs.) N. Kalaiselvi, Secretary, DSIR and Director General, CSIR, welcomed the distinguished guests, which included Prof. Unnat P. Pandit, Controller General of Patents, Designs & Trade Marks (CGPDTM), India.

Mr. Daren Tang elucidated WIPO’s vision to bring about more inclusiveness and to position it as a powerful catalyst to transform the IP system. He was happy to note the great strides CSIR is making as a critical Indian innovator. He appreciated the Organization’s activities, IP targeted at the Sustainable Development Goals (SDGs), Patinformatics, and IP Audit. Mr. Tang expressed WIPO’s support to CSIR for a meaningful and impactful journey together.

WIPO is a self-funding agency of the United Nations and the global forum for intellectual property (IP) services, policy, information, and cooperation. It has 193 member states. WIPO’s mission is to lead the development of a balanced and effective international IP system that enables innovation and creativity for the benefit of all. The Organization provides a policy forum to shape international IP rules, provides global services to protect IP across borders and resolve disputes, and facilitates cooperation and capacity building in all countries.

Source: Ministry of Science & Technology, Government of India

|GlobalGiants.Com|

— The editor is a WIPO Academy alumnus.




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Edited & Posted by the Editor | 2:26 PM | View the original post





October 11, 2023

Lamborghini Esperienza Giro India 2023 — A Royal Adventure celebrating 60 years of Excellence.


Lamborghini, Cars, India


Lamborghini, Cars, India


Lamborghini, Cars, India


Lamborghini, Cars, India


Photos: Lamborghini Esperienza Giro India 2023. Images provided by & copyright © Lamborghini.


New Delhi, 10 October 2023 - Lamborghini Esperienza Giro India 2023 was an exclusive driving program celebrating the brand’s 60th anniversary in Rajasthan, India. The event was designed for Lamborghini owners treated to a luxurious and lifestyle experiential driving program. The theme of this year’s program was to immerse clients in the regal splendor of Rajasthan, allowing them to explore India’s royal heritage in their Lamborghini.

The convoy consisted of more than 60 Lamborghini cars traveling through a picturesque Thar Desert backdrop. The journey began at the magnificent Jodhpur and culminated at the enchanting Palace in Jaisalmer. The curated routes traversed the heart of India’s royal heritage, taking in splendid royal palaces and awe-inspiring dunes.

Esperienza Giro India 2023 was an extraordinary adventure exclusively tailored for Lamborghini customers to indulge in the rich tapestry of Rajasthan’s cultural heritage. Lamborghini’s commitment to delivering exceptional experiences beyond driving was underscored by this event, forging enduring connections between the brand, its owners, and the remarkable world they explore together.

Head of Lamborghini India, Sharad Agarwal, said, “Esperienza Giro India 2023 was a celebration of Lamborghini’s 60 years of Excellence, a journey that allowed our valued customers to experience the luxury and majesty of Rajasthan, which resonates with Lamborghini’s heritage of luxury and performance. We are delighted to have created memories that will last a lifetime and strengthen the bond between Lamborghini and its loyal enthusiasts.”

Source: Lamborghini India

|GlobalGiants.Com|


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Edited & Posted by the Editor | 1:42 PM | View the original post





October 10, 2023

IMF presents World Economic Outlook October 2023


IMF Report


Photo: IMF Chief Economist Pierre-Olivier Gourinchas delivers the World Economic Outlook on October 10, 2023. Image provided by & copyright © IMF.


IMF Report


Washington, DC, October 10, 2023 — The International Monetary Fund (IMF) has predicted that global growth will slow to 3% this year and 2.9% in 2024, according to Pierre-Olivier Gourinchas, head of the Fund’s Research Department. In the upcoming World Economic Outlook (WEO) report, the IMF’s Chief Economist said that the slowdown in growth will result from the widening divergence between economies. While the US and large emerging markets are expected to experience substantial growth, China and the Euro-area have received downward revisions. The report also found that headline inflation will decrease from 6.8% this year to 5.7% next year, while core inflation (excluding energy and food prices) will decline, though less significantly.

The quarterly WEO report shows that fears of a widespread recession among the world’s leading economies are receding. The report attributes the divergence between countries to three forces:

The University of California at Berkeley professor Gourinchas explained that while some advanced economies’ central banks are yet to reach their peak, others, such as Brazil or Chile, have already started to ease. The report warns that while risks are more balanced than last April, they remain tilted to the downside. It points to China’s main risk as growth slows down due to stress in the real estate sector. The report also cautions that commodity prices could become more volatile amid climate and geopolitical shocks and that financial markets could re-price if more significant inflation persists.

The report advises central banks looking to maintain growth and tackle inflation:

  1. It emphasizes the importance of price stability and calibrating monetary policy for country-specific recovery speeds and disinflation.
  2. It suggests that in most countries, fiscal policy needs to rebuild buffers by phasing out untargeted subsidies while protecting the vulnerable. It will also aid the fight against inflation
  3. Governments should focus on reforms that reduce structural impediments to growth, such as increasing labor supply

It will help countries grow faster, facilitate debt reduction, and lower inflation pressures.

Finally, the report highlights the need for multilateral efforts to address global challenges such as climate risks, food and energy security, trade tensions, and geoeconomic fragmentation. The report calls for a robust global financial safety net with a well-resourced IMF.

Source: IMF

|GlobalGiants.Com|


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Edited & Posted by the Editor | 3:10 PM | View the original post





University Grants Commission (UGC) India will consider all the data provided by various government agencies while determining any particular status of any Higher Education Institution.


New Delhi, October 10, 2023 — The University Grants Commission (UGC) of India has notified that it will consider all pertinent information provided by various regulatory bodies and government agencies when determining any specific status of any higher education institution. This notification reflects the UGC’s commitment to ensuring that all decisions regarding an institution’s situation are based on comprehensive and reliable data. Thus, all Higher Education Institutions must provide accurate and up-to-date information to the relevant regulatory bodies to ensure their status is evaluated fairly and accurately.


UGC, India

Source: UGC

|GlobalGiants.Com|


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Edited & Posted by the Editor | 11:13 AM | View the original post





October 9, 2023

Harvard University's Claudia Goldin gets the Nobel Prize in Economics for advancing the Understanding of Women's Labour Market Outcomes.


Nobel Prize Economics 2023


Photo: Nobel Prize in Economics 2023 winner Claudia Goldin of Harvard University. Image provided by & credit Niklas Elmehed © Nobel Prize Outreach.


Stockholm, October 09, 2023 — The Royal Swedish Academy of Sciences has decided to award the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2023 to Claudia Goldin, Harvard University, USA, “for having advanced our understanding of women’s labor market outcomes.” She uncovered vital drivers of gender differences in the labor market.

Goldin’s comprehensive account of women’s earnings and labor market participation over the centuries revealed the causes of change and the sources of the remaining gender gap. Her research showed that female participation in the labor market did not have an upward trend over this period but formed a U-shaped curve.

The involvement of married women decreased with the transition from an agricultural to an industrial society in the early nineteenth century. Still, it then started to increase with the growth of the service sector in the early twentieth century.

Nobel Prize, Economicsf

Goldin’s explanation of this pattern as the result of structural change and evolving social norms regarding women’s responsibilities for home and family is an essential contribution to the field. Women are still underrepresented in the global labor market, and when they work, they earn less than men. Goldin’s research, which collected over 200 years of data from the US, demonstrates how and why gender differences in earnings and employment rates have changed over time.

During the twentieth century, women’s education levels continuously increased, and in most high-income countries, they are now substantially higher than men’s.

Despite modernization, economic growth, and rising proportions of employed women in the twentieth century, the earnings gap between women and men hardly closed for an extended period.

Jakob Svensson, Chair of the Committee for the Prize in Economic Sciences, remarked, “Understanding women’s role in the labor is important for society. Thanks to Claudia Goldin’s groundbreaking research, we know more about the underlying factors and which barriers may need to be addressed.”

Source: Nobel Prize Outreach

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Edited & Posted by the Editor | 2:05 PM | View the original post





October 6, 2023

Fortune Reveals the 100 Most Powerful Women in Business



FORTUNE Powerful  Business Women


Photo: Fortune Reveals the 100 Most Powerful Women in Business.


NEW YORK, October 5, 2023 — Fortune Magazine has released its annual list of the Most Powerful Women in Business for the year 2023. The list includes 100 leading businesswomen from various industries: finance, tech, healthcare, telecom, retail, and energy. It features both established and rising leaders from around the globe.

This year’s list is the first to honor 100 women worldwide. It recognizes top executives’ work, which spans the planet, and the increasing number of women leading companies on the Fortune 500 and the Fortune Global 500.

The list includes 67 women who hold the title of CEO, some of whom only recently stepped into their positions. Among them are Margherita Della Valle, the CEO of British telecom Vodafone; Sandy Ran Xu, who took over JD.com in China; and Vanessa Hudson, who assumed the CEO role at Qantas in Australia. All three are the first women to hold their respective positions.

Other women on the list are making a significant impact early in their careers, for example, Mira Murati, the Chief Technology Officer at OpenAI, and Susan Li, Meta’s CFO. Some executives are leading the world’s most valuable startups, such as Kim Kardashian, the co-founder of the $4 billion shapewear line Skims.

The business world demands change, and women leaders are meeting the moment. When CEOs step down, women are getting called to replace them in more significant numbers. In the first half of 2023, 106 CEOs worldwide left their jobs. Of the CEO replacements, 13% were women, up from 2.4% in 2018.

• The Top 10 of the 2023 Fortune 100 Most Powerful Women in Business:

  1. Karen S. Lynch, President and CEO, CVS Health (U.S.)
  2. Julie Sweet, Chair and CEO, Accenture (U.S.)
  3. Mary Barra, Chair and CEO, General Motors (U.S.)
  4. Jane Fraser, CEO, Citigroup (U.S.)
  5. Jessica Tan, Executive Director, Co-CEO, Ping An (China)
  6. Carol Tomé, CEO, UPS (U.S.)
  7. Emma Walmsley, CEO, GSK (U.K.)
  8. Ruth Porat, President, CIO, CFO, Alphabet and Google (U.S.)
  9. Shemara Wikramanayake, Managing Director and CEO, Macquarie (Australia)
  10. Gail Boudreaux, President and CEO, Elevance Health (U.S.)

Many of the women on the list will attend or speak at Fortune’s Most Powerful Women Summit in Laguna Niguel, California, from October 9 to 11.

Source: Fortune Media (USA) Corporation

|GlobalGiants.Com|


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Edited & Posted by the Editor | 12:38 PM | View the original post





The Norwegian Nobel Committee has decided to award the Nobel Peace Prize 2023 to Narges Mohammadi for her fight against the oppression of women in Iran and her struggle to promote human rights and freedom for all.


Nobel Peace Prize 2023


Photo: Nobel Peace Prize 2023 winner Narges Mohammadi. Image provided by & credit Niklas Elmehed © Nobel Prize Outreach.


Oslo, October 6, 2023 — The Norwegian Nobel Committee has announced that it has awarded the Nobel Peace Prize 2023 to Narges Mohammadi for her unwavering fight against the oppression of women in Iran and her dedication to promoting human rights and freedom for all. Despite the personal costs she has had to bear, including being arrested 13 times, convicted five times, and sentenced to 31 years in prison along with 154 lashes, Ms. Mohammadi remains steadfast in her struggle.

According to the committee, Narges Mohammadi is a remarkable woman fighting for human rights and freedom in Iran. By awarding her the Nobel Peace Prize this year, the committee aims to recognize her courageous efforts to promote human rights, liberty, and democracy in Iran. The award also acknowledges the hundreds of thousands of people who have protested against the regime’s discriminatory policies and oppression of women in the preceding year. The committee believes that embracing equal rights for all is essential in achieving the fraternity between nations that Alfred Nobel aimed to promote.

The Nobel Peace Prize has traditionally been awarded to individuals who have worked towards social justice, human rights, and democracy. These are essential factors for lasting peace.

Source: Nobel Prize Outreach

|GlobalGiants.Com|


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Edited & Posted by the Editor | 9:19 AM | View the original post





October 5, 2023

The Swedish Academy has awarded the Nobel Prize in Literature for 2023 to the Norwegian author Jon Fosse.


Nobel Prize, Literature, 2023


Photo: Nobel Prize in Literature 2023 winner Jon Fosse. Image provided by & credit Niklas Elmehed © Nobel Prize Outreach.


Stockholm, October 5, 2023 — The Swedish Academy has announced that it has awarded the Nobel Prize in Literature 2023 to the Norwegian writer Jon Fosse. Fosse has been honored with the prestigious award “for his innovative plays and prose which give voice to the unsayable.”

Fosse has written extensive work in Norwegian Nynorsk, spanning various genres, including plays, novels, poetry collections, essays, children’s books, and translations. He is one of the most widely performed playwrights globally and is increasingly recognized for his prose writing.

Source: Nobel Prize Outreach

|GlobalGiants.Com|


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Edited & Posted by the Editor | 11:52 AM | View the original post






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