UAE Non-Oil Business Activity Surges to Nine-Month High in December

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 The United Arab Emirates' non-oil private sector recorded its fastest expansion in nine months in December 2024, buoyed by strong domestic demand and increased business activity, according to the latest S&P Global Purchasing Managers’ Index (PMI) report. PMI Highlights Robust Growth The seasonally adjusted UAE PMI climbed to 55.4 in December from 54.2 in November, signaling robust growth well above the 50.0 threshold that separates expansion from contraction. This marked the third consecutive monthly increase, underscoring sustained recovery in the non-oil sector. Key drivers of growth included a notable rise in new business activity. The new orders subindex rose sharply to 59.3 in December from 58.0 in the previous month, reflecting strong domestic demand. Challenges Amid the Growth While domestic demand flourished, export growth slowed, with the export orders subindex dropping to a seven-month low. Additionally, businesses faced mounting backlogs due to capacity constraints,...

Massive India-US Flag Flies In Sky In First-Ever India Day Parade In Boston

 

India-US Flag

A 220-feet US-India flag flew high in the sky in Boston, a city in Massachusetts, during the first-ever India Day Parade to mark the 75th anniversary of India’s independence in the American city.

The event attracted everyone's attention. The Indian Day Parade was attended by many people from over 30 countries. The event reflected the diversity of India and the United States. India's tricolour flying high in the sky gathered people’s attention.

The parade was led by former Indian cricket player R P Singh. The event was addressed by several politicians from Massachusetts and New England. Many eminent Indian-American celebrities from the region also attended the event.

Community leader Abhishek Singh, the president of the Federation of Indian Associations-New England and the organiser of the parade, said, “The first-ever India Day Parade in Boston was a historic success. All credit goes to the Indian-Americans in the city and the volunteers who worked day and night to make this a grand success.”

According to media reports, Indian cricketer R P Singh was inspired by Indian Prime Minister Narendra Modi's call for celebrating 75 years of Independent India as "The Azadi Ka Amrit Mahotsav" across the world. He selected Boston for the event because the city is known for America's freedom struggle. The “Azadi Ka Amrit Mahotsav” is an initiative of the Indian government to celebrate and commemorate 75 years of independence of the country.

Reportedly, during the parade on Saturday at the Boston Harbor, an aeroplane carrying a 220-feet India-US Flag flew over the city. On this day, people come together to salute the sacrifice of the brave freedom fighters of India.

Independence Day is celebrated every year on 15 August in India, commemorating the country's independence from the United Kingdom (UK) on 15 August 1947. India was declared independent from the Britishers in 1947.

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