India This Week ~ September 23, 2022
India This Week ~ September 23, 2022
India This Week
Gautam Adani Becomes World's Second Richest Person
Gautam Adani, the chairman of Adani Group, has surpassed Louis Vuitton's Bernard Arnault to become the world's second richest person. His net worth is now USD 153.9 billion, just behind Elon Musk. Adani Group has invested heavily in various sectors like energy, ports, logistics, and plans to expand into new areas like telecom and green hydrogen. The group is also committed to significant investments in green energy infrastructure and social responsibility activities.
PM Modi's Meeting with Putin at SCO Summit
During a bilateral meeting with Russian President Vladimir Putin, Prime Minister Narendra Modi emphasized the importance of peace and cooperation in today's era. They discussed issues related to food, fuel security, and fertilizers. The meeting took place on the sidelines of the SCO summit where India will be the next chair of the organization. Modi's statement on the need for peace was praised by France and the US at the UNGA meeting.
India's Growing Relations with UK and France
The British High Commissioner to India, Alex Ellis, predicts that India will overtake the UK to become the third largest economy by the end of the decade. Efforts are being made to strengthen economic ties between India and the UK through initiatives like the Free Trade Agreement. Meanwhile, External Affairs Minister S Jaishankar highlighted the paradigm shift in the India-US relationship over the past 50 years, moving from suspicion to a strong partnership.
