Inaugural India Day Parade on the Atlantic City Boardwalk 

The Indo US Council has announced the first India Day Parade on the Atlantic City boardwalk on August 14. It is part of their set of initiatives for boosting the influx of visitors to Atlantic City. “This action of hosting numerous events in the area will attract the large Indian American community living in the north east US to Atlantic City,” said Dr. Sanjay Gupta, president of the council, “with India ’s Independence Day celebrations being the first one on the agenda.” On August 13, 2010 the India’s Independence Day celebrations will commence with a night of music and dance featuring a live concert by international pop sensation and multi-platinum selling Cash Money/Universal Republic recording artist Jay Sean at the Trump Taj Mahal Arena followed by a colorful parade next day on August 14. The India Day Parade will march on Atlantic City’s famous boardwalk and flaunt magnificent floats displaying the ravishing and diverse Indian culture with its glory and grandeur. The parade will end in a big display of Indian handicraft, beautiful clothing and jewelry. Invitees as chief guests include Bollywood stars, prominent professionals and businessmen with local and central government officials. One of the main attractions added to bring in more visitors to the region is the “PALACE ON WHEELS.” The Palace on Wheels is a world-famous oneof- a-kind train in India that is fit for kings and queens. The interior décor is palatial giving you an experience of splendid and enchanting royal journey. ACES trains of Atlantic City will have the flavor of" Palace on Wheels" for the celebrations. This special train will run between New York City and Atlantic City featuring a touch of Indian décor with tasty Indian food and Indian models dressed traditionally to give the experience of the original. Additionally, a Teen Patti tournament within that weekend is also in the works. Teen Patti, widely known as Three Card Poker, is an integral part of the Indian culture.

International Business Chamber of Commerce Launched 

International Business Chamber of Commerce launch event was held on July 10, 2010 in Princeton, New Jersey. Among the dignitaries present were Consulate General of India, Prabhu Dayal; Congressman, Rush Holt; Congressman Frank Pallone; Assembly woman Linda Greenstein, Mayor Cantu from Plainsboro and Mayor Gambeteze from South Brunswick and several county freeholders. It is a non-profit organization with Seema M. Singh Esq., as the first president. She stated, "IBCOC meets the timely needs of globalization. It provides a dynamic connection to businesses all across the globe and promotes growth and prosperity through networking, education, partnerships and alliances." IBCOC was founded to meet the challenges of a changing global economic landscape and to create unity in diversity across the globe. The launch event was also attended by the IBCOC Board of Directors from across the globe including India, London and Dubai. Also present were Consuls and their representatives from Australia, Switzerland, India, and other Asian Countries. A representative from the World Bank also attended to establish the relevant connections with IBCOC members. The event was attended by over 100 companies including sectors such as financial, banking, shipping, IT, legal and many others. 

Gita Gopinath Is First Indian Origin Professor At Harvard

Gita Gopinath, a Delhi School of Economics alumnus, has been named professor of economics at Harvard University, becoming the first Indian-origin woman professor in the institution's history.

Kolkata born Gopinath, 38, is considered an authority on business cycles in emerging markets and on price fluctuations across international borders. She was previously associate professor of economics at Harvard, where she has been a member of the faculty since 2005.

"Professor Gopinath's research on emerging markets has proven extremely important to our understanding of their business cycles, and her studies of price stickiness have been highly influential among macroeconomists," said Stephen Kosslyn, dean of social science in Harvard's Faculty of Arts and Sciences.

"Here on campus, she has played a central role in the vitality of our program in international economics, and especially in teaching and advising students in this field," he said.

"Her success placing graduate students in top-tier institutions testifies both to her skill as a mentor and to her colleagues' broad interest in her research agenda."

Gopinath's research on emerging markets has addressed income fluctuations in these economies. Together with Mark Aguiar of the University of Rochester, Gopinath has developed a model, which has ultimately shown that stochastic elements of productivity are much larger in emerging markets than in developed markets.

Gopinath received a BA in economics from the University of Delhi in 1992; master's degrees in economics from the Delhi School of Economics and the University of Washington in 1994 and 1996, respectively; and a PhD in economics from Princeton University in 2001.

She was an assistant professor of economics at the University of Chicago's Graduate School of Business from 2001 to 2005, when she joined Harvard as an assistant professor of economics. She was named associate professor at Harvard in 2009.  

[ By VRN ]