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India is set to celebrate its first <keyword id="22301946" type="General" weightage="100" keywordseo="National-Space-Day" source="keywords">National Space Day</keyword> on August 23, 2024. In 2023, on this very day, <keyword id="20376714" type="General" weightage="20" keywordseo="Chandrayaan-3" source="keywords">Chandrayaan 3</keyword> accomplished the safe and soft landing of <keyword id="21074312" type="General" weightage="20" keywordseo="Vikram-Lander" source="keywords">Vikram Lander</keyword> on the <keyword id="20381887" type="General" weightage="20" keywordseo="lunar-surface" source="keywords">lunar surface</keyword>. India became the fourth country to land on the moon and the first to land near the southern polar region of the moon. The <keyword id="19909265" type="General" weightage="20" keywordseo="Union-Government" source="keywords" meta.keywordsubtype="org" meta.entityname="Union Government" meta.hostid="261" meta.entityid="Union Government">Union Government</keyword> has declared August 23rd as "National Space Day" to celebrate the remarkable success of the Chandrayaan-3 Mission, which accomplished a safe and soft landing of the Vikram Lander and deployed the <keyword id="22760272" type="General" weightage="20" keywordseo="Pragyaan-rover" source="keywords">Pragyaan rover</keyword> on the lunar surface near the South Pole. This achievement is being celebrated across the country with the goal of engaging and inspiring the younger generation in the field of <keyword id="21280701" type="General" weightage="20" keywordseo="Space-Science" source="keywords">Space Science</keyword> and Technology. To commemorate this historical achievement, the Department of Fisheries (DoF), <keyword id="19923385" type="General" weightage="20" keywordseo="Government-of-India" source="keywords" meta.keywordsubtype="org" meta.entityname="Government of India" meta.hostid="261" meta.entityid="Government of India">Government of India</keyword> (GoI), is organizing a series of seminars and demonstrations, to create awareness about the Application of Space Technologies in the Fisheries Sector. The events are being organized in collaboration with various coastal States and Union Territories, <keyword id="19915124" type="General" weightage="20" keywordseo="ISRO" source="keywords" meta.keywordsubtype="org" meta.entityname="ISRO" meta.hostid="261" meta.entityid="ISRO">ISRO</keyword> and DoF field offices. Earlier, the notification issued by the Department of Space said India became the first country to land near the South pole of the moon with the success of the Chandrayaan-3 Mission. "With the success of the Chandrayaan-3 Mission on August 23, 2023, with the landing of the Vikram lander and deployment of the Pragyaan Rover on the lunar surface, India joins an elite group of Space faring nations becoming the fourth country to land on the moon and the first nation to land near to South pole of the moon," said the notification. "The outcome of this historic mission will benefit mankind in the years to come," it added. The notification said the day marks an important milestone in the country's advancements in space missions, will inspire younger generations towards enhanced interest in pursuing <keyword id="19960286" type="General" weightage="20" keywordseo="stem" source="keywords">STEM</keyword> and will provide a major impetus to the space sector. "The Government of India has declared August 23 of every year as 'National Space Day' to commemorate this historic moment," it said.

India set to celebrate first National Space Day on August 23

<ul class="summary-list"><li>Russia's Navy Day saw participation from India and China, bolstering Putin's anti-Western ties.</li><li>There was a notable absence of Russia's Black Sea Fleet at the parade, after losses to Ukraine.</li></ul>Russia's Navy Day saw warships from India and China join the celebrations as President Vladimir Putin sought to project the strength of his anti-Western alliance.China sent the Jiaozuo, a Type 052D destroyer, and India sent the Tabar, a stealth frigate, to the naval parade in St Petersburg on Sunday, <a target="_blank" class="" href="https://t.me/MID_Russia/43624">according to Russia's foreign ministry</a>.Algeria also sent La Soummam, a training ship, the ministry said.<div type="image" title="Chinese navy destroyer Jiaozuo in St Petersburg, Russia to participate in the Navy parade in July 2024." height="667" width="1000" msid="112115940" hostid="261" sizebytes="68584"></div>According to <a target="_blank" class="" href="https://understandingwar.org/backgrounder/russian-offensive-campaign-assessment-july-28-2024">the Washington DC-based Institute for the Study of War</a>, the gathering was meant "to showcase Russia's relations with a number of non-Western states as part of efforts to create a supposed Russian-led group of states to rally against the West."In total, representatives of 31 countries — including Cuba, Vietnam, Egypt, and Brazil — attended, <a target="_blank" class="" href="https://aif.ru/politics/russia/ne-odna-na-prostorah-okeana-v-parade-vmf-prinyali-uchastie-druzya-rossii">according to Russian state-owned outlet Argumenty i Fakty</a>.The parade came amid ongoing efforts by the Kremlin to deepen ties with countries like India and China, which have sent warships to the Navy Day celebrations in previous years.<div type="image" title="Four children wave flags saying 'welcome back' in front of India's Tabar stealth frigate in Bombay, on 31 July 2004" height="500" width="1000" msid="112115942" hostid="261" sizebytes="51970"></div>Despite claiming not to support Russia's war in Ukraine, China has emerged as a major supplier of <a target="_blank" class="" href="https://www.forbes.com/sites/brianbushard/2024/04/12/china-sending-russia-missile-and-drone-parts-for-ukraine-war-us-reportedly-warns/">dual-use parts</a> crucial to its war effort — the sort of support that the US government has <a target="_blank" class="" href="https://www.businessinsider.com/us-says-china-giving-russia-support-behind-scenes-ukraine-war-2024-5">repeatedly called it out for</a>.The two countries have also long participated in joint military exercises and <a target="_blank" class="" href="https://media.defense.gov/2024/Jul/22/2003507411/-1/-1/0/DOD-ARCTIC-STRATEGY-2024.PDF">the Pentagon recently said</a> they are showing increasing willingness to collaborate in the Arctic.Even so, China and Russia's ties appear to be <a target="_blank" class="" href="https://www.businessinsider.com/china-and-russia-are-in-a-bad-marriage-that-the-west-shouldnt-try-to-break-up-2024-6">uneasy</a> and <a target="_blank" class="" href="https://www.businessinsider.com/xi-china-putin-russia-frenemies-limits-power-sphere-influence-2024-7">opportunistic</a>, built more on a common desire to tamp down Western influence.Meanwhile, India's Prime Minister Narendra Modi's <a target="_blank" class="" href="https://www.businessinsider.com/modi-putin-russia-india-relationship-not-worried-us-biden-mad-2024-7">recent trip</a> to Russia to meet with Putin also appeared to signal an indifference to US disapproval from India.President Joe Biden has attempted to persuade Modi to take a harder line on Russia, but this has <a target="_blank" href="https://apnews.com/article/russia-ukraine-united-nations-general-assembly-biden-narendra-modi-india-82c9273cf3143cf16e9da23c3dd48170">largely failed</a>.<h3 id="ce577fa9-a485-44dd-a9e2-a3d031d664c7">A conspicuous absence</h3>While Russia's Navy Day celebrations typically involve all its main military port cities, this year's didn't include Sevastopol, the naval base in occupied Crimea that hosts Russia's Black Sea Fleet.Prior to the 2022 invasion of Ukraine, Sevastopol regularly featured in the parade despite <a target="_blank" class="" href="https://www.rbc.ru/rbcfreenews/5f1fce329a79479d6ddfc9ad">the objections</a> of Ukraine's government.But now it is an active hot-war zone under continual pressure from Ukrainian forces, and Russia has largely relocated the remains of the fleet to the safer port of Novorossiysk, on its own shores.Commentators were quick to point out Sevastopol's absence, with European Council on Foreign Relations chief Carl Bildt posting the following graphic to X, making plain the extent of the fleet's losses: Meanwhile, Putin devoted part of his speech on the day to warning the US that Russia would retaliate if it pressed ahead with recently announced plans to locate long-range missile systems in Germany by 2026.Putin said his forces will take "mirror measures" in response.

India and China joined Russia's Navy Day celebrations as Putin tries to project anti-Western group

<ul class="summary-list"><li>Goldman Sachs last week promoted 95 people to partner — its largest class under CEO David Solomon.</li><li>Partners from Goldman's banking and markets and asset management units shared how they got the news.</li></ul>First came the calls. Then came the Champagne.Wall Street may be known for its long hours — but last week, <a target="_blank" class="" href="https://www.businessinsider.com/goldman-sachs-partners-revealed-see-full-list-names-diversity-women-2024-11">95 of Goldman Sachs' top executives</a> pressed pause (briefly) to revel in a professional milestone: making partner.The role — Goldman's top designation outside the C-suite — <a target="_blank" class="" href="https://www.businessinsider.com/goldman-sachs-partner-class-perks-privileges-cross-ruffing-process-2024-10">represents a zenith</a> at the prestigious Wall Street bank. Goldman Sachs is a leading investment bank for <a target="_blank" class="" href="https://www.businessinsider.com/goldman-sachs-partners-share-investment-banking-oral-histories-2024-7">corporate dealmaking</a> and trading, and its partners represent less than 1% of roughly 46,000 employees. On average, Goldman's newest partners have spent 16 years rising in the ranks, the bank said last week.Business Insider spoke to nine partners from the 2024 class about their big day, including how they celebrated with their families and teams. For some, the day raced by in a blur after getting the call from top bosses <a target="_blank" class="" href="https://www.businessinsider.com/goldman-ceo-david-solomon-memo-trump-presidential-victory-policies-2024-11">CEO David Solomon</a> or President and COO John Waldron. Many described an outpouring of support from inside the halls of Goldman Sachs, including balloons, congratulatory notes, applause from staff, and toasts with fellow members of their partner class.One trader told BI he sat in his office quietly to digest the news and not disturb the work of others, while another executive told BI she shouted across the trading floor, "We did it, team! We did it!" to hugs and applause. "It's like a wedding and birthday wrapped up in one amazing moment that you keep reliving," one new partner said.Here's a glimpse inside the big day of nine of Wall Street's up-and-coming executives, including what they did to mark the occasion. Answers have been edited for length and clarity and are ordered alphabetically by last name.<h2 id="7149a354-e3d3-4f1e-b8a4-c63d3a189018">Rob Barlick, region head for Florida and Latin America private wealth management</h2><div type="image" title="Robert Barlick" height="1125" width="1500" msid="115225868" hostid="261" sizebytes="83670"></div>David called me on my cell at 8:54 a.m. My team sits outside my office so they knew what had happened. They all rushed in to offer their congratulations, and we had a celebratory dinner later in the evening.One of the most remarkable things about being named partner is the flood of emails, texts, and calls you get after the announcement. I received literally hundreds of messages from colleagues, clients, alumni, and friends. It's a joyful rush of congratulations that's deeply moving.<h2 id="e22683da-a145-42f7-aa1e-cae0392d86b9">Lyla Bibi, head of the US healthcare equity-capital-markets group within investment banking</h2><div type="image" title="Lyla Bibi Goldman Sachs partner" height="1125" width="1500" msid="115225871" hostid="261" sizebytes="70364"></div>As someone who spent most of her professional career at GS, getting "the call" from John Waldron was a moment I imagined for decades (and was still woefully underprepared for it!).I called my husband first (and by extension my two youngest kids). My parents were my second call.I'd love to say it was a full day of celebrating, but there was a day job in between the incredible outpouring of congratulatory calls, hugs, visits, texts, and emails.There were some wonderful celebrations and tributes across the healthcare team — various women's groups as well as an intimate dinner hosted by the financing group partners with our spouses and partners. And coming home to flowers, Champagne, and cards — it's like a wedding and birthday wrapped up in one amazing moment that you keep reliving.<h2 id="71b7cc8f-c9bf-4944-b5b9-4ab9705296d1">Bracha Cohen, managing director in engineering within Goldman Sachs Asset Management, global head of client servicing and public portfolio servicing</h2><div type="image" title="Bracha Cohen" height="1501" width="2001" msid="115225878" hostid="261" sizebytes="56022"></div>I first got a call from John Waldron and then received a second call from our chief information officer, Marco Argenti. When my assistant saw who had called, she ran into my office to give me a hug. The first person I called was my husband, who told me he never doubted me for a minute.We had three celebrations at work over cake and Champagne – first for the teams I manage and work most closely with, then with all of the engineering managing directors in New York, and then with all of the existing and new asset-and-wealth-management partners. My husband took me to dinner and I suspect he's scheduling a "surprise" party with our seven children for this weekend.One of the things that made it possible for me to get to this point is the incredible support the firm provides to employees to enable them to grow their families. For example, I felt incredibly supported to be on leave for several months when I had triplets just two years after joining the firm, and on top of that got promoted to vice president in my first year of eligibility.Additionally, as an Orthodox Jew, I've never felt anything other than respect and understanding for my commitment to religion, including being unreachable over the Jewish Sabbath and holidays.<h2 id="a0810c31-5f56-47ac-98d9-402bbead7ef4">Matt Doherty, head of alternative capital markets, Americas</h2><div type="image" title="Matt Doherty Goldman Sachs partner" height="1607" width="2143" msid="115225873" hostid="261" sizebytes="70440"></div>It's interesting that David ended up calling me because I haven't interacted as much with David. That was actually our first conversation, which was nice.My team and I went to drinks with Kristin Olsen, the asset-and-wealth-management partner who leads the group, and a whole bunch of other folks at around 4 o'clock.Marc Nachmann runs our division — he put together an event for the current partners in AWM and the new partners at 200 West. I got to meet all my new partners, which was really fun.I didn't manage to see my kids before they went to bed, but I saw my wife, which was fun. We had a nice dinner together.The next morning, my 3-and-a-half-year-old and 1-and-a-half-year-old had made me breakfast and a card, which was really cute. The card said, "Congrats, Dada."I don't think day to day it will change my role too much, although I think this is a step up at the leadership level, being involved in helping weigh in on broader cultural issues or how we should evolve and change our practices as a firm.<h2 id="22771a02-3a57-4753-864e-273d29d226d7">Shane Lee, natural gas trader</h2><div type="image" title="Shane Lee, Goldman Sachs trader" height="1125" width="1500" msid="115225876" hostid="261" sizebytes="88144"></div>I got the call from John Waldron around 7 a.m. local time. Though it was a very exciting call, more than anything, I felt overwhelmingly humbled — almost embarrassed. I kept myself locked in my office away from the trading floor for a couple hours out of respect for the fact many others in the process were nervously awaiting their own news, and my teammates were at their busy peak of the day. I told my wife of 23 years and my parents, and then contemplated how I would break the news to the office without interrupting their days too much.We kept things tame at the office — brought in some lunch at work, and then I took the team out for a couple of drinks. I wanted to make sure I could get in some family time before the end of the night, and take the time to individually thank everyone who had reached out.My wife and I agreed we would celebrate by taking some nice formal family pictures soon. We haven't done that for many years. I know that sounds super boring, but the little family things are important to me. These days it's not easy to get my kids to spend time with me, so this will be a good excuse!I think I made it to partner because my teammates propelled me there. They need to want to work for you, and that's what I spend time on. I try and operate every day with empathy and humility and a healthy dose of fear of the market.<h2 id="d8943d85-886f-4f13-b464-fa1548ae9a39">Vishaal Rana, cross markets consumer retail investment banker</h2><div type="image" title="Vishaal Rana" height="1125" width="1500" msid="115225875" hostid="261" sizebytes="70632"></div>David Solomon called me. The call was short but one of the most consequential I've had over the years. It was surreal and, honestly, still has not completely sunk in.The first person I told was my wife, who was standing right next to me. She was so happy for me, and I could not have done this without her support over the years.I celebrated in a low-key way at home with my family. We had dinner and my wife and I enjoyed a toast. I even still did the dishes. I think that we will probably do a bigger celebration at some point in the future with family and friends, but I don't have one currently planned. This may be superstitious, but it felt like bad karma to plan a celebration too early.Joining the partnership represents the culmination of long-term persistence, being nimble throughout my career, always looking at opportunities and challenges through the lens of what's best for the firm, and the flexibility to work with founders at high-growth companies to boards of large-cap companies.<h2 id="b4b1dea0-ba6c-424e-bd97-84df4e42e837">Aaron Siegel, global head of entertainment investment banking</h2><div type="image" title="Aaron Siegel Goldman Sachs partner" height="1122" width="1497" msid="115225867" hostid="261" sizebytes="66452"></div>I joined GS over 20 years ago, just days after meeting my wife, Hayley, while moving to New York City. John Waldron was the first person I met at 85 Broad Street — it was a meaningful, full-circle moment to get the partnership call from him. I called Hayley right after to share the moment – and to reflect on how many colleagues, mentors, and clients have become like family.I happened to be stepping into a meeting with the Arthur Miller Foundation — an amazing nonprofit that supports theater teachers in schools across NYC and beyond — just as John called. I spent the rest of the day appreciating the transformative impact of great teachers and mentors and had the opportunity to thank many of mine throughout the day.I did celebrate with my wife and two sons – making sure my youngest stayed up well past his bedtime for us to all be together.<h2 id="fccc57f3-4c42-4681-af99-b91faf3bd4c0">Craig Smart, healthcare banker covering healthcare services and technology companies</h2><div type="image" title="Craig Smart Goldman Sachs partner" height="1125" width="1500" msid="115225877" hostid="261" sizebytes="75166"></div>I was on my way to the office after walking my daughter to school. My phone rang while I was on the subway. I quickly decided to get off the train and answer the call, having a feeling for what it might be about. There was a nervousness at the beginning of the call as John began speaking, which transformed into pure bliss and excitement once he delivered the news.I took the rest of my commute to process the magnitude of the moment. As soon as I got above ground, I called my wife, Kristin. It was the pinnacle of my professional career to date and a moment I'll never forget.The excitement and energy at the office was palpable. All day was filled with heartfelt congratulatory remarks from several members of the partnership and colleagues from across the firm. Marshall Smith, global head of healthcare, gathered the entire healthcare team and hosted a celebration for us on the 42nd floor, where he spoke about each of the newly promoted partners from our group individually and toasted the seven of us who are part of the 2024 class.After work, I went to an early dinner with Kristin and our three girls. It was a school night and my children are young, so we were home early, but we plan to find some time to celebrate properly with family and friends over the holiday season — specific plans still TBD.<h2 id="e3d88e7b-bfc7-42e4-b964-4175cd08db11">Sylvia Yeh, cohead of Goldman Sachs Asset Management's municipal fixed-income business</h2><div type="image" title="Sylvia Yeh Goldman Sachs partner" height="1125" width="1500" msid="115225870" hostid="261" sizebytes="139210"></div>I sit with my team on an open trading floor and we're known to be a bit of a fun and outspoken bunch. Not on Thursday, however – you could hear a pin drop even after people hit the desk. We were all just waiting, hoping, for that call to come in.Around 9:40 a.m., our turrets lit up – John Waldron was calling! I felt my heart just stop. And a montage of the last 25 years I've spent at the firm quickly flashed. I took a moment to just shake it off (literally) in my chair before picking up the line. All eyes were on me.John said, "Good morning." We exchanged "how are you's," and then I asked if he was calling because he wanted to open up a Muni Account. We laughed and he said that he was calling to welcome me to the partnership.When our call ended, I did another quick little happy dance, this time swung my chair around, and shouted, "We did it, team! We did it!" knowing that I could not have gotten here without the strong bench I have on my team. The rest is a bit of a blur — applause, cheers, confetti, streamers, balloons, and hugs.It felt like we celebrated all day. Asset-and-wealth divisional management hosted a new partner reception. It was such a wonderful opportunity to connect with current partners and raise a glass to my classmates — an extraordinary group of individuals. And, unbeknownst to me, my husband reserved a location for us to celebrate later that evening and coordinated with my team to make sure that all of my people were there.The only way to celebrate this achievement was to do it with the people who helped make it happen — my team.Are you a Goldman Sachs or Wall Street insider? Get in touch with these reporters with your story. Reed Alexander can be reached via email at ralexander@businessinsider.com or via the encrypted messaging app Signal 561-247-5758 , and Emmalyse Brownstein can be reached at ebrownstein@businessinsider.com or or via the encrypted messaging app Signal 305-857-5516.

How 9 newly minted Goldman Sachs partners celebrated their big day, from shouting across the trading floor to popping Champagne in the office

In India, Children’s Day is celebrated on November 14, while International Children’s Day, established by the United Nations, is observed globally on November 20. India initially marked Children’s Day on November 20, but this changed after the passing of Pandit <keyword id="6360386" type="General" weightage="20" keywordseo="Jawaharlal-nehru" source="Orion">Jawaharlal Nehru</keyword>, the country’s first Prime Minister and a prominent leader in the freedom movement. An anti-colonial nationalist, social democrat, and author, Nehru was instrumental in India’s independence struggle and a champion of parliamentary democracy, secularism, and advancements in science and technology. He served as Prime Minister for 17 years, guiding India’s post-independence growth and development. During his leadership, India maintained a neutral stance amid Cold War tensions and made significant strides in education and other key areas, shaping the nation’s future trajectory. Nehru had a deep affection for children and placed immense trust in their potential. He saw them as invaluable treasures and the nation’s future, capable of transforming the country’s future. Because of this belief, he emphasised the importance of their education, upbringing, and development, seeing their growth as vital to the nation’s progress. Children lovingly called him "Chachaji," a name by which he is still fondly remembered as "Chacha Nehru" by both children and adults today. Children’s Day also serves as a reminder of the importance of prioritising children’s well-being, ensuring that every child—regardless of economic, social, or political background—enjoys a safe and fulfilling childhood. This includes access to basic necessities like shelter, education, healthcare, and sanitation. Beyond these essentials, safeguarding children’s human rights is crucial. It’s our collective responsibility to protect them from harmful practices such as abuse, trafficking, and child labour. Given that millions of children in India are orphans, it is essential to protect and nurture their present to secure a bright future for them and for the nation. To celebrate this day with your loved ones, here are heartfelt wishes and messages that will bring joy and positivity this Children’s Day. <h2>Children’s Day Wishes</h2><ul><li><keyword id="1451428" type="General" weightage="20" keywordseo="Happy-Childrens-Day" source="Orion">Happy Children’s Day</keyword>! May you sparkle and shine with happiness always! </li><li>To the joy-bringers, the dreamers, and the pure-hearted—Happy Children’s Day! </li><li>May your childhood be filled with love, laughter, and endless joy. Happy Children’s Day! </li><li>Every child is a miracle. You are our little star. Happy Children’s Day! </li><li>May you grow up to achieve all that you dream and more! Happy Children’s Day. </li><li>Wishing you the happiest, brightest Children’s Day ever! </li><li>May your innocence and laughter light up the world. Happy Children’s Day! </li><li>Here’s to the magical, carefree years of childhood! Enjoy it to the fullest. </li><li>Happy Children’s Day! May you always have a reason to smile. </li><li>Childhood is precious. Live every moment and make beautiful memories. Happy Children’s Day! </li><li>Wishing you oceans of joy and a sky full of dreams. Happy Children’s Day! </li><li>You are the stars of tomorrow. Shine bright, little ones! Happy Children’s Day! </li><li>May your imagination lead you to magical places. Happy Children’s Day! </li><li>Happy Children’s Day to the sweetest kids who make our world so much brighter! </li><li>To the wonder-makers, the adventurers, the joyful souls—Happy Children’s Day! </li><li>May your life be filled with dreams, love, and laughter. Happy Children’s Day! </li><li>Here’s to the laughter, the smiles, and the endless joy of childhood! </li><li>May every little child feel special, cherished, and loved. Happy Children’s Day! </li><li>Wishing all the happiness and joy to the little hearts of the world! </li><li>May you always have a smile on your face and a song in your heart. </li><li>You bring joy to the world just by being you. Happy Children’s Day! </li><li>Every child is a treasure, and you are the most precious. Happy Children’s Day! </li><li>May your days be filled with colour, joy, and wonderful memories. Happy Children’s Day! </li><li>You are the hope of tomorrow, and you bring so much joy today. Happy Children’s Day! </li><li>Wishing you laughter, play, and endless joy. Have a fantastic Children’s Day! </li><li>To the world’s sweetest souls, may you always find happiness. Happy Children’s Day! </li><li>Here’s to a day filled with dreams, games, and smiles. Happy Children’s Day! </li><li>Keep shining, keep laughing, and keep being amazing! Happy Children’s Day! </li><li>May you live every day with the wonder and joy of childhood. Happy Children’s Day! </li><li>To the most wonderful part of life—children! Have a beautiful Children’s Day! </li></ul><h2>Messages for <keyword id="23888689" type="General" weightage="20" keywordseo="Childrens-Day-2024" source="Orion">Children’s Day 2024</keyword></h2>On this day, let’s honour Pandit Jawaharlal Nehru’s legacy and nurture the future of India—our children. Happy Children’s Day! November 14 is a reminder to cherish childhood and encourage the potential within every child. Wishing all a joyful Children’s Day! Let’s promise to protect, care for, and empower every child, giving them a happy, healthy future. Happy Children’s Day! This Children’s Day, let’s remember that every child has the right to education, love, and a life of happiness. November 14, a day to celebrate the joy of childhood and the dream of a brighter future. Happy Children’s Day! Happy Children’s Day! Let’s make every child feel safe, loved, and cherished not just today but always. Today let’s dedicate ourselves to creating a world where every child feels valued and heard. Happy Children’s Day! Celebrating the laughter and dreams of children across India on this special day, November 14. On this Children’s Day, let’s embrace the spirit of innocence, joy, and hope that every child brings to the world. Children are our tomorrow; let’s make sure they grow up with love, respect, and opportunities. Happy Children’s Day! SEE ALSO: <a href="https://www.businessinsider.in/travel/india/webstories/10-kid-friendly-heritage-trips-for-childrens-day-2024/slidelist/115210134.cms" data-type="tilCustomLink" target="_blank">10 kid-friendly heritage trips for Children’s Day 2024</a>

Happy Children’s Day 2024: Messages and heartfelt wishes for kids

Newly appointed <keyword id="22895734" type="General" weightage="20" keywordseo="ICC-chairman" source="keywords">ICC Chairman</keyword> <keyword id="19930802" type="General" weightage="100" keywordseo="Jay-Shah" source="keywords">Jay Shah</keyword> extended his wishes to everyone on the occasion of the <keyword id="408358" type="General" weightage="20" keywordseo="National-Sports-Day" source="Orion">National Sports Day</keyword> (Major <keyword id="60219" type="General" weightage="20" keywordseo="Dhyan-Chand" source="Orion">Dhyan Chand</keyword>'s birth anniversary) on Thursday. Dhyan Chand, celebrated as 'The Wizard', represented the Indian hockey team from 1925 to 1949, scoring over 1500 goals in the 185 matches he played as a centre forward during his international career, which includes three Olympic Gold Medal wins in 1928,1932 and 1936. He was felicitated with the Padma Bhushan in 1956 and his birth anniversary on August 29, is celebrated as National <keyword id="6541281" type="General" weightage="20" keywordseo="Sports-Day" source="Orion">Sports Day</keyword>. "On this National <keyword id="6356028" type="General" weightage="20" keywordseo="Sports" source="Orion">Sports</keyword> Day, I warmly commend our athletes, coaches, and everyone who has devoted their life to sports. As we honour the legacy of Major Dhyan Chand Ji on his birth anniversary, let's commit ourselves to making India a powerhouse on the global sporting stage, the newly elected ICC Chairman said in a post on X. Earlier on Tuesday, Jay Shah was elected unopposed as the next Chairman of the <keyword id="19901179" type="General" weightage="20" keywordseo="International-Cricket-Council" source="keywords">International Cricket Council</keyword> (ICC). Shah, who has served as the BCCI Secretary since October 2019 and Chairman of the Asian Cricket Council since January 2021, will assume this prestigious role on December 1, 2024. Shah was the sole nominee for the chairmanship after current Chair Greg Barclay decided not to seek a third term, as per a media release by ICC. Upon his election, Shah expressed his intent to advancing the global reach and popularity of cricket, particularly with its upcoming inclusion in the LA 2028 Olympics--a moment he views as a pivotal opportunity for the sport's growth. "I am humbled by the nomination as the Chair of the International Cricket Council," Shah stated as quoted by ICC. "I am committed to working closely with the ICC team and our member nations to further globalize cricket. We stand at a critical juncture where it is increasingly important to balance the coexistence of multiple formats, promote the adoption of advanced technologies, and introduce our marquee events to new global markets. Our goal is to make cricket more inclusive and popular than ever before," Shah added. "While we will build on the valuable lessons learned, we must also embrace fresh thinking and innovation to elevate the love for cricket worldwide. The inclusion of our sport in the Olympics at LA 2028 represents a significant inflection point for the growth of cricket, and I am confident that it will drive the sport forward in unprecedented ways," Shah concluded. Jay Shah becomes the youngest person to lead the ICC. He joins the likes of Jagmohan Dalmiya, Sharad Pawar, N Srinivasan and Shashank Manohar as Indians who have led the ICC in the past. Shah's election marks a new chapter for the ICC as it seeks to expand the game's reach and continue its evolution on the global stage.

Newly appointed ICC Chairman Jay Shah extends wishes on occasion of National Sports Day

<ul class="summary-list"><li>Feroz Khosla, part of Goldman Sachs' financing group, was named a Goldman partner on Thursday.</li><li>At 35 years old, Khosla is the youngest member of the firm's new class of partners for 2024.</li></ul>Feroz Khosla was seated at his desk at Goldman Sachs' lower Manhattan headquarters when the call came in.On the line was John Waldron, Goldman's president and chief operating officer, who asked Khosla how he was feeling. "Something tells me I'll feel a lot better after this phone call," Khosla said. The two men exchanged a laugh, and then Waldron delivered the news."We'd like to welcome you into the partnership," Khosla recounted Waldron telling him. "I look forward to calling you my partner."Khosla is one of <a target="_blank" href="https://www.businessinsider.com/goldman-sachs-partners-revealed-see-full-list-names-diversity-women-2024-11">95 Goldman executives</a> who got a call like this on Thursday, part of a biennial ritual intended to honor and uphold the firm's genesis as a partnership. At 35, Khosla is the youngest member of the <a target="_blank" href="https://www.businessinsider.com/goldman-sachs-partner-class-perks-privileges-cross-ruffing-process-2024-10">2024 partner class</a>. He's also one of the 29% of new partners who joined Goldman as a summer intern — 2009 in Khosla's case.<a target="_blank" href="https://www.businessinsider.com/goldman-sachs-is-about-to-promote-another-round-of-partners-2022-10">Goldman Sachs partners</a> comprise the firm's <a target="_blank" href="https://www.businessinsider.com/goldman-sachs-partners-share-investment-banking-oral-histories-2024-7">highest-ranking executives outside the C-Suite</a>, responsible for units representing billions of dollars in business.Khosla works in the financing group within Goldman's global banking and capital markets division, where he leads the investment-grade-financing and corporate-derivatives business for healthcare and real estate. He works with CFO and treasury clients on their capital structure and financing needs and advises them on the implications of macro risks on specific transactions, like fluctuation in interest rates or currency valuations.The corporate-derivatives business is housed within Goldman's overall financing unit, which encompasses both equity and debt underwriting. Increased lending needs from corporate borrowers helped lift Goldman's debt underwriting revenues by 46% in the third quarter versus the same time in 2023.In an interview with BI, Khosla walked Business Insider through this pivotal day in his career, from who he called first to how he celebrated with his family and his boss.<div type="image" title="A bald man in a suit smiles" height="1917" width="3000" msid="115114994" hostid="261" sizebytes="224422"></div><h2 id="81a329b4-c785-4b14-a16c-9f45e13a515e">Champagne toasts, 'welcome to the family'</h2>"The responsibility part absolutely gets deeper, heavier," Khosla said of the partner title. Still, he and some of his newly minted fellow partners have been making time to celebrate.At the office on Thursday, some new partners indulged in cake with their teams, one insider said. There were also celebratory dinners across Manhattan. Khosla, one of <a target="_blank" href="https://www.businessinsider.com/top-wall-street-executives-rising-stars-investing-trading-2024">BI's 2024 Rising Stars of Wall Street</a>, attended a dinner hosted by Vivek Bantwal, Goldman's global head of financing, who heads Khosla's group, as well as other current partners.Bantwal and the other partners invited about 15 people — new partners and their spouses — to a restaurant in downtown Manhattan, where Bantwal cracked open what Khosla called "a very special bottle of Champagne that had been given to him by another partner, and he'd been saving for an occasion like this." At one point, someone leaned over and said to Khosla's wife: "Welcome to the family," he said. In his interview with BI on Friday, Khosla recognized his team's contributions in helping him make partner, saying he intends to call every person in his department — from junior analysts all the way up to other partners — to thank them. "Goldman Sachs was the first family that I really had when I left India," he said, adding: "Frankly, it's the only jersey I want to wear."He already thanked his loved ones. His parents, he said, are from India, and made sacrifices to send him to America to pursue his education. His wife, Lucy, is no stranger to canceling appointments to care for their kids, ages 2 and 4, when work has kept Khosla late."I immediately texted my father just to say, 'We did it,'" he recalled. "Then I called my wife and I thanked her and congratulated her," he said, adding, "This is not just one individual's day, and I think it won't be one individual's celebration."Khosla said he and his wife are hoping to use this new achievement to advance opportunities for his children. Education, he said, was vital to his upbringing: His parents laminated multiplication tables for their kids to use as placemats while eating. Being quizzed by his mom as she drove him to school, he said, kept him sharp.Khosla said he recognizes there's a lot of work ahead to prove he's deserving of the title. One way he pumps himself up, he said, is with playlists of movie trailers he listens to while running.In contemplating which trailer might best depict the current point in his career, he said: "Mission Impossible."Are you a Goldman Sachs insider? Get in touch with this reporter. Reed Alexander can be reached via email at <a target="_blank" href="mailto:ralexander@businessinsider.com">ralexander@businessinsider.com</a>, or SMS/the encrypted app Signal at (561) 247-5758.

The youngest member of Goldman's 2024 partner class takes us inside his big day, from his call with President John Waldron to celebrating with his boss

A sixth-grade social science textbook that I read described India as a piece of fabric, with countless threads coloured in a myriad of majestic shades, woven together. This metaphor holds exceptionally well when put into the context of our <keyword id="22706215" type="General" weightage="20" keywordseo="handloom-industry" source="keywords">handloom industry</keyword>. India has a rich history of handlooms and weaving cultures. The culture of handlooms is so intricately woven into Indian culture, that there are whole towns dedicated to the same: <keyword id="248532" type="General" weightage="20" keywordseo="Chanderi" source="Orion">Chanderi</keyword> in Madhya Pradesh to Pochampally in Telangana and a dozen more! Unfortunately, the handloom industry in India is dying. The struggle is multi-faceted, ranging from a declining workforce to fierce competition from <keyword id="20496028" type="General" weightage="20" keywordseo="power-looms" source="keywords">power looms</keyword>. Hence, five years ago, August 7 was proclaimed <keyword id="22677698" type="General" weightage="20" keywordseo="National-Handloom-Day" source="keywords">National Handloom Day</keyword> in response to this crisis and to heighten public awareness. This date holds special historical significance, commemorating the initiation of the Swadeshi Movement in 1905—a pivotal act of defiance against British colonial rule. <h2>When did this industry come into existence?</h2>According to archaeological findings, the origins of handloom in the Indian subcontinent may be traced back to the Indus Valley Civilization. The Mughal Empire was known to support and patronise <keyword id="20258864" type="General" weightage="20" keywordseo="weavers" source="keywords">weavers</keyword>. The support from the royal patrons resulted in the invention of new textiles such as ‘Mulmul’ and ‘Banarasi Brocade’ among others. This era witnessed a heightened worldwide demand for Indian textiles. In the 17th century, India produced 25% of the world’s textiles, with Bengal accounting for more than 50% of textiles and 80% of silks imported by the Dutch from Asia. <h2>What led to the decline of the <keyword id="19934660" type="General" weightage="100" keywordseo="Indian-handloom" source="keywords">Indian handloom</keyword>?</h2>The East India Company's entry fuelled the industry's initial decline, which started in the 1830s. The weavers were obliged to sell only to the British, and that too at exceedingly cheap prices, virtually putting them out of business. On the other hand, Indian cloth was taxed excessively to promote machine-made British clothing. The Industrial Revolution in Britain strengthened their indigenous textile industry, giving rise to new markets for cheaper textiles. In India, the collapse of the Mughal aristocracies meant no access to royal patronage. As a result, textiles like Khadi and muslin had little demand in the market. Circling back to the present, the industry is facing both similar and new challenges. Fabrics made on power looms are cheaper and faster to produce, in comparison to handloom fabrics. The industry is largely unorganised, and the wages are shockingly low. 67% of <keyword id="22706216" type="General" weightage="20" keywordseo="handloom-workers" source="keywords">handloom workers</keyword> are earning less than the minimum wage every month. Faced with economic challenges, the older artisans are thus forced to encourage the newer generation to choose an alternative career path. This migration of the workforce from a traditional sector is evident from the fall in the number of weavers less than 35 years of age- from 26.13 lakh in 2009-10 to 16.07 lakh in 2019-20. The majority of weavers do not have access to banking facilities, let alone institutional credit. Furthermore, if one manages to accumulate credit, there is a mismatch between the supply and demand forces due to the lack of awareness about handwoven textiles in the current generation. <h2>Initiatives for revival</h2>The cultural significance of the Indian handloom isn’t just limited to its beauty and extravagance, but it extends to our independence struggle as well. The Swadeshi movement immortalised the charkha and advocated for the use of indigenous goods. Following independence, the Indian government took many measures to revive the handloom industry. In 1953, India’s Parliament approved the Khadi and Other Handloom Industries Development Act. In 1955, the All India Handloom Fabrics Marketing Cooperative Society was formed to promote the sale of fabrics produced by handloom cooperatives across India. The National Handloom Development Programme (NHDP) aimed to provide financial assistance for marketing and production. The Handloom Weavers’ Comprehensive Welfare Scheme offers health and life insurance to weavers, to ensure social security. The organisation commenced a fortnight-long exhibition, “VIRAASAT” dedicated to celebrating the 10th National Handloom Day began at Handloom Haat in Janpath, New Delhi on Saturday, 3rd August 2024, and will conclude on 16th August 2024. The Handloom Mark scheme was introduced to authenticate handloom products, thus enabling weavers to gain better market access and ensuring that consumers get genuine products. Moreover, the India Trade Portal also mentions that the GOI plans to provide financial assistance of Rs. 30 crore to at least 10,000 handlooms. Various state governments also regularly conduct handloom expos and fairs, providing platforms for weavers to showcase and sell their products directly to consumers. <h2>Contemporary Brands and their love for Indian handloom</h2>Modern, popular designers such as <keyword id="8264" type="General" weightage="20" keywordseo="Sabyasachi" source="Orion">Sabyasachi</keyword> and <keyword id="21493890" type="General" weightage="20" keywordseo="ritu-kumar" source="keywords">Ritu Kumar</keyword> are known to work closely with weavers and have been doing their part by bringing worldwide attention to the handloom industries. Recently, <keyword id="1472101" type="General" weightage="20" keywordseo="Ajrakh" source="Orion">Ajrakh</keyword> was brought into the limelight when Alia Bhatt wore a custom Abu Jani Sandeep Khosla Ajrakh saree to Joy Awards in Riyadh. However, it’s not just the fashion moguls who are working towards the revival of this industry. Contemporary indie brands are partnering with local weavers, and creating awareness about their work. The emergence of such indie brands and their association with local artisans is beneficial for both entities. For instance, Joskai Studio derives its name from ‘Joskai’, a woven piece of cloth worn as a part of the traditional costume of the Tiwa community of Assam. They work with artisans in northeast India, specifically from the weaving village of Saualkuchi in Assam. Rouka by Sreejith Jeevan is a Kerala-based brand that works strictly with weavers from Kerala, specifically Chendamangalam and Kuthampally. <h2>Employment and Exports</h2>According to the Indian Trade Portal, the Indian handloom sector is the country’s second-largest employer after agriculture in rural areas. The Handloom Census 2019-20 mentions that the industry employs about 35,22,512 workers across the country, with women forming 77.29% of the workforce. India is the second largest exporter of handloom products in the world, with exports valued at $ 353.9 million in 2017- 18, as per EXIM bank's working papers. The major handloom export centres are Karur, Panipat, Varanasi and Kannur where handloom products like bed linen, table linen, toilet linen, floor coverings, and embroidered textile materials and curtains etc. are produced for export markets. During April 2021-February 2022, India exported handloom products worth 1693 crore, as per Indian Trade Portal. Indian silk scarves also form a sizable chunk of total handloom exports, in addition to home textiles like carpets, rugs and mats, which constitute over 13.6% of India’s total handloom exports. <h2>The Path Forward</h2>The mere existence of organisations and allocation of funds isn’t enough to sustain the legacy of India’s rich handloom industry. Big corporations working with local weavers ensure employment but don't protect them from exploitation and meagre wages, leaving them vulnerable. The people in power ought to come up with strategies that ensure the trickle-down effect of the schemes and funds. The new generation of buyers has a greater purchasing power than the one before them. Marketing focused on bringing Indian handloom practices into the limelight can do wonders in this case.

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