Category: Business

  • NYU Tandon Study Finds Disaster Evacuees Flee to Places That Feel Familiar

    When the Marshall Fire tore through suburban Colorado in late 2021, residents had only hours to decide where to go. Some fled to nearby towns. Others stayed farther away for weeks or months. Now a recent study published in Humanities and Social Sciences Communications suggests those decisions were shaped not only by distance or danger, but also by something more human: the pull of familiar communities and social ties.

    Researchers at NYU Tandon analyzed anonymized mobile phone location data from more than 200,000 devices in Colorado before and after the fast-moving wildfire, which destroyed more than 1,000 homes and displaced thousands of people. They combined those movement patterns with demographic data and measures of social connectedness between neighborhoods. Their conclusion: evacuees were more likely to choose destinations that resembled their home communities or where they had stronger social links.

    “Even during a chaotic emergency, people do not move randomly,” says lead author Takahiro Yabe, Assistant Professor of Technology Management and Innovation and the Center for Urban Science + Progress. “They tend to seek places where they feel socially connected or where the community feels familiar.”

    The study adds nuance to how scientists understand evacuation behavior. Traditional models often assume people head to the nearest available safe place or to larger population centers. But this research found that social factors strongly influenced where people actually went.

    Most evacuees relocated between 20 and 60 kilometers from the fire zone, suggesting many wanted to remain relatively close to home. Yet when researchers compared real evacuation destinations with simulated destinations based only on population size and distance, the real destinations scored significantly higher for demographic similarity and friendship connections. In other words, people often chose places where they knew someone, or places that looked socially like where they came from.

    The findings also revealed inequality in who could access those familiar refuges. Residents from whiter, wealthier, and more highly educated neighborhoods were more likely to evacuate to destinations with stronger social similarity and connectedness. Black, Asian, and lower-income populations were less likely to do so. That gap may matter because social networks can provide practical help during crises: a spare bedroom, child care, transportation, local knowledge, or emotional support.

    “Access to social capital can shape recovery just as much as physical damage does,” says Vaidehi Raipat, a PhD candidate and lead author on the paper. “If some groups have fewer options to relocate into supportive communities, that can deepen existing inequalities after disasters.”

    The team also examined what happened after the initial evacuation. People who relocated to areas with stronger social connectedness were more likely to return home over the following months. But those who moved to places that were demographically similar to their original communities were somewhat less likely to return, suggesting that a comfortable temporary destination may sometimes become a longer-term alternative.

    That distinction could help officials plan for future climate disasters, which are becoming more frequent and more destructive. Wildfires, floods, and storms increasingly force sudden movement, yet emergency planning still tends to focus on roads, shelters, and hazard maps rather than the social geography of where people want to go.

    The researchers argue that disaster response could improve by accounting for community ties. Knowing where evacuees are likely to head could help agencies position aid, anticipate population surges, and better support displaced residents. It could also identify people who lack strong networks and may need more assistance.

    The study focused on one wildfire, so its authors caution that patterns may differ in hurricanes, floods, or other disasters. Still, the broader message is clear: in moments of upheaval, people often search not just for safety, but for belonging.

  • Rutgers New Jersey Medical School Expands Dual-Track Training Opportunities

    New Jersey has one of the lowest concentrations of family physicians at about 17 per 100,000 of population, according to the American Board of Family Medicine. Leadership in the Department of Medicine — the largest clinical department at Rutgers New Jersey Medical School — is meeting the challenge by developing three new programs through which physician trainees can become double board-certified in four years rather than five, preparing them to enter the health care workforce sooner.

    The department plans to increase the number of dual-track offerings in its residency program, the multiyear training phase that immediately follows medical school. This effort to expand dual-track training opportunities aims to address critical health-care shortages by preparing internal medicine residents to become board-certified in a second specialty via accelerated pathways, currently available at just a handful of institutions, nationwide.

    The announcement was made during the annual Department of Medicine Housestaff Commencement, a ceremony celebrating graduating residents and fellows held on June 11.

    New Jersey Medical School is one of five institutions in the United States approved by the Accreditation Council for Graduate Medical Education (ACGME) to provide the combined internal medicine-preventive medicine residency (IM/PM), and the Department of Medicine pathway is one of three available in the Northeast. The program graduated its second resident at the June commencement.

    “Preventive medicine is a key aspect of all primary care, and medicine specialists benefit greatly from strong skills in public health and epidemiology,” said Mirela Feurdean, IM/PM program director and an associate professor at the school.

    The combined internal medicine residency-nephrology fellowship track, which was introduced in July 2025, is the second recent dual-training addition. It has the distinction of being one of just three in the country approved by the ACGME – preparing physicians to earn the combined qualification in just four years when at least five years is standard – and comes with a guaranteed fellowship placement.

    During the commencement, Department of Medicine Chair Marc Klapholz shared plans for a third program in the coming year: a combined internal medicine-infectious disease training pilot cohort that will be the first of its kind in the nation, pending council approval.

    “A distinctive feature of this proposed pathway is the natural overlap between internal medicine and infectious disease training,” said Daniel Matassa, codirector of the proposed program. “Both specialties emphasize strong clinical reasoning and diagnostic acumen over procedural skills, which sets them apart.”

    The three new dual-track initiatives join the existing internal medicine-pediatrics residency program in the Department of Medicine, which — though celebrating 20 years this July — is still one-of-a-kind in New Jersey.

    “We’re excited to be pioneering education models that help address the workforce shortages faced by each of these specialties, while sacrificing none of the rigor,” said Kristin Wong, director of the internal medicine-pediatrics residency and vice chair of education, who helped bring the three new programs to fruition.

    During the June commencement of 58 residents and 27 fellows, Robert L. Johnson, interim chancellor of Rutgers Health and dean of New Jersey Medical School, encouraged graduates to lean into their training, training that has kept pace with and prepared them for the challenges of modern medicine, as evidenced by the dual-track programs.

    “The fact that you can do this thoughtfully, ethically, and with compassion, is why you’re ready,” he said.

  • GAIL, KABIL Partner to Enhance Critical Mineral Supply and Bolster India’s Resource Security

    New Delhi, July 18: GAIL (India) Limited and Khanij Bidesh India Limited (KABIL) have signed a Memorandum of Understanding (MoU) to collaborate in the critical minerals sector, marking a significant step toward strengthening India’s resource security and supporting the country’s clean energy and industrial growth ambitions.

    The partnership aims to explore opportunities across the critical minerals value chain, including the identification, sourcing, development, and acquisition of strategic mineral assets in India and overseas. By leveraging the expertise and capabilities of both organizations, the collaboration seeks to ensure a reliable supply of critical minerals essential for emerging technologies, renewable energy, electric mobility, and advanced manufacturing.

    Under the MoU, GAIL and KABIL will jointly evaluate investment opportunities, exchange technical expertise, and develop strategies for the sustainable procurement and development of critical mineral resources. The initiative is expected to enhance India’s long-term access to strategic raw materials while strengthening the resilience of its supply chains.

    The agreement aligns with the Government of India’s vision of securing critical mineral resources, promoting energy security, and supporting the country’s transition to a sustainable and self-reliant economy. The collaboration is expected to play a key role in ensuring the availability of minerals vital for future technologies, industrial development, and economic growth.

  • Scan4Health appoints Abhay Singh Kumpawat as Chief Product & AI Officer to build India’s AI‑first diagnostics platform

    India, July 18: Scan4Health, one of India’s fastest‑growing integrated diagnostics companies, today announced the appointment of Abhay Singh Kumpawat as Chief Product & AI Officer (CPAO). In this newly created leadership role, Abhay will head Product, Artificial Intelligence and Growth to accelerate Scan4Health’s vision of creating a clinical‑intent driven, AIfirst diagnostics platform across India.

    An IIT Roorkee alumnus, Abhay brings more than 15 years of experience across product management, engineering, growth and Artificial Intelligence. His career spans consumer technology and digital product leadership, where he combined data, behavioural insights and experimentation to build products adopted by millions of users. Abhay’s core strength is understanding user behaviour and designing technology that solves meaningful human problems rather than focusing solely on acquisition metrics; he intends to apply the same consumer‑first philosophy to healthcare by building AI‑powered experiences that patients trust, clinicians embrace and health systems can scale.

    Scan4Health was founded by Dr. Charu Jora Goyal, a nuclear medicine physician with deep expertise in advanced oncological imaging. The company specialises in advanced radiology, pathology and nuclear medicine, and is building technology across the entire diagnostic journey — from patient discovery and appointment booking to imaging workflows, reporting, preventive health and long‑term patient engagement. With diagnostic demand expected to rise significantly in India, particularly for oncology, Scan4Health believes early diagnosis, intelligent clinical workflows and improved patient navigation will be critical to easing pressure on specialist resources.

    Scan4Health’s strategy emphasises that Artificial Intelligence should augment clinicians, not replace them. The company will prioritise investments in AI‑assisted diagnostics to support radiology, pathology and oncology imaging, intelligent patient engagement to simplify discovery and booking, consumer‑first digital experiences informed by behavioural science, automation across imaging and reporting operations, and data‑driven clinical workflows that enable personalised preventive healthcare and sustained patient follow‑up. These initiatives aim to make high‑quality diagnostics more intelligent, accessible and scalable for every patient.

    Commenting on his appointment, Abhay Singh Kumpawat said: Scan4Health’s clarity of vision and clinical intent are what drew me to the company. When I met Dr. Charu Jora Goyal it became clear we share a belief that technology can fundamentally improve patient outcomes in a large and diverse country like India. Every successful product I have helped build began with understanding people first. AI is only valuable if it solves real patient problems. My focus at Scan4Health will be to build intelligent products that simplify healthcare for patients, strengthen clinicians with better tools and help scale quality diagnostics across India.”

    Abhay Singh Kumpawat is an IIT Roorkee graduate and technology executive with over fifteen years of experience across product, engineering, growth and AI. He has helped scale consumer technology platforms to millions of users by combining behavioural science, product thinking and data‑driven experimentation. His work focuses on the intersection of consumer understanding, product strategy and AI, helping organisations build technology that people trust and adopt.

  • Bharat Tex 2026 catalysed around INR 14,300 crore of textile investment commitments with over 30 MoUs signed by various states

    New Delhi, July 17: The first three days of Bharat Tex 2026 have transformed Bharat Mandapam into the epicentre of the global textile and apparel industry, witnessing an overwhelming response from domestic and international stakeholders. The world’s largest integrated textile event has recorded exceptionally high visitor footfall, vibrant business activity, extensive buyer-seller engagement, and dynamic knowledge exchange, reaffirming India’s emergence as a trusted global destination for textiles in sourcing, manufacturing, innovationa, and investment.

    Bharat Tex 2026 catalysed around INR 14,300 crore of textile investment commitments with 30+ MoUs signed by various states

    Spread across more than 16 lakh square feet, Bharat Tex 2026 has brought together 1,647 exhibitors, nearly 95,000 business visitors with over 20,000 repeat visits, 11,315 buyers, including 6,090 international buyers, 3,461 delegates and participants from 138 countries, reflecting unprecedented global confidence in India’s rapidly evolving textile ecosystem. More than 28,500 B2B meetings, over 100 B2G and G2G interactions, and several strategic investment discussions have kept the exhibition halls bustling throughout the first three days. Bharat Tex 2026 catalysed around INR 14,300 crore of textile investment commitments with 30+ MoUs signed by various States, including Karnataka, Bihar , Maharashtra  and Andhra Pradesh, reinforcing the event’s role in driving decentralized, state-led growth in India’s textile and apparel sector. Further, RE&UP announced an investment of INR 4,800 Crores in India. Also, the serious business enquiries worth approximately $ 2.8 Bn were generated during the event.

    The event has attracted remarkable participation from Indian states, with Bihar, Madhya Pradesh, Gujarat, Uttar Pradesh, Punjab, Maharashtra, Karnataka and Tamil Nadu participating as State Partners, while several other states and Union Territories showcased their textile strengths through dedicated pavilions. The presence of Hon’ble Chief Minister of Madhya Pradesh, Dr. Mohan Yadav, and Hon’ble Chief Minister of Punjab, Shri Bhagwant Singh Mann, along with senior ministers from Maharashtra, Tamil Nadu, Assam, Uttar Pradesh and Bihar, further highlighted the importance of Bharat Tex as India’s premier textile platform.

    International participation has been equally impressive, with ministerial delegations from New Zealand, Sri Lanka, Russia, Cambodia and Portugal, alongside representatives from the European Union, and over 30 industry and international business delegations from countries including the United States, Japan, United Kingdom, Spain, Italy, South Korea, UAE, Australia, France and Germany, among others.

    Knowledge sharing remained a defining feature of the event, with 100 high-impact knowledge sessions featuring more than 600 policymakers, global experts, industry leaders, CXOs and academicians. Panel discussions, roundtables and masterclasses addressed key themes including global trade dynamics, sustainability, circularity, technological innovation, artificial intelligence, responsible sourcing, investment opportunities, technical textiles, and more. One of the standout attractions was the Sanrachna Hackathon at the TBD Pavilion, which showcased the ingenuity of India’s young innovators in technical textiles. Students and innovators from across the country presented practical solutions ranging from protective garments for farmers and advanced diabetic wound-care products to lightweight insulated mattresses for extreme climates.

    Recognised by Union Minister of Textiles Shri Giriraj Singh and Minister of State for Textiles and External Affairs Shri Pabitra Margherita, the initiative demonstrated the transformative role of collaboration between academia, industry and government in advancing next-generation technical textile solutions. In a significant initiative promoting inclusive growth, Bharat Tex 2026 organised specialised exposure visits for more than 250 entrepreneurs and weavers from Aspirational Districts across India. The programme enabled MSMEs to engage directly with buyers, exhibitors and industry experts, providing valuable insights into international quality standards, branding, product innovation and export opportunities, thereby strengthening grassroots entrepreneurship. Further reinforcing India’s growing influence in global apparel manufacturing, the Board Meeting of the International Apparel Federation was hosted alongside Bharat Tex 2026.

    A landmark milestone during the event was the signing of a Letter of Intent between the Bharat Tex Trade Federation and Première Vision Paris, one of the world’s most prestigious textile and fashion sourcing platforms. The strategic collaboration aims to deepen India–European Union textile partnerships by enhancing market access, sustainable sourcing, design intelligence and buyer-seller engagement, creating new global opportunities for Indian manufacturers, exporters and MSMEs.  Bharat Tex 2026 also hosted meaningful discussions on positioning India’s heritage textiles as premium global brands. Renowned designers Rahul Mishra and Vaishali Shadangule, along with industry leaders, emphasised that India’s rich heritage of handlooms, handicrafts and traditional weaving can become the country’s strongest differentiators in international markets through craftsmanship and cultural storytelling.

    The exhibition floor continued to buzz with business activity across specialised thematic pavilions. CMAI’s Brands of India Pavilion in Hall No. 4 emerged as one of the major attractions, bringing together more than 70 leading Indian apparel brands and offering buyers an unparalleled showcase of India’s vibrant fashion and apparel ecosystem. For the first time, the pavilion also featured a dedicated showcase of India’s rapidly growing Intimate & Innerwear segment, with leading brands from Mumbai and Delhi presenting the latest product innovations. Global and Indian brands, including Westside, Tommy Hilfiger, Calvin Klein, US Polo Assn, Arrow, Flying Machine, Louis Philippe, Van Heusen, Allen Solly, Peter England, Reebok, American Eagle, Ralph Lauren, Sabyasachi, Tarun Tahiliani, Jaypore, W for Woman, Bewakoof, Dollar, Bodycare, Duke and several others, attracted buyers and retailers. Sustainability remained at the core of Bharat Tex 2026 through the Eco-Stitch Sustainability & Circularity Hub, jointly presented by CMAI and the Global Alliance for Textile Sustainability .

    Built around the theme “Sustainable, Circular and Competitive Bharat,” the pavilion brought together recyclers, manufacturers, brands, innovators, technology providers and ecosystem partners across dedicated thematic zones including India Impact Wall, Circularity at Scale, From Waste to Global Wardrobe, Made in Circular Bharat, Material & Innovation Library, and the Circular Bharat Forum, showcasing practical pathways towards a more sustainable textile future.

    With bustling exhibition halls, packed conference sessions, vibrant networking opportunities, and strong business engagement throughout the venue, Bharat Tex 2026 continues to reinforce India’s vision of becoming the world’s preferred destination for textile manufacturing, sourcing, innovation and responsible growth while further strengthening the country’s leadership in the global textile and apparel value chain.

  • Andaman & Nicobar Islands Set to Become Key Hub for India’s Strategic and Economic Growth

    Port Blair, July 17: The Andaman & Nicobar Islands are emerging as a key region in India’s growth story, offering significant opportunities in strategic security, maritime connectivity and economic development.

    With its unique location in the Indian Ocean, the island group holds immense importance for strengthening India’s maritime presence and improving connectivity with regional and global partners.

    Beyond its strategic value, the islands are witnessing growing attention for infrastructure expansion, tourism development, trade opportunities and sustainable economic initiatives. These efforts are expected to create new avenues for investment, employment and local development.

    Experts believe that the region’s vast potential in areas such as the blue economy, marine resources and tourism can contribute significantly to India’s long-term economic objectives.

    Government initiatives focused on improving connectivity and infrastructure are aimed at transforming the islands into a more accessible and vibrant economic centre while preserving their ecological balance.

    The continued development of the Andaman & Nicobar Islands reflects India’s vision of strengthening coastal regions, promoting sustainable growth and enhancing its role in the Indian Ocean region.

  • Sensex Surges Nearly 1,000 Points as Banking and IT Stocks Lift Market Sentiment

    Mumbai, July 17: Indian equity markets witnessed a strong rally as the benchmark Sensex jumped 965 points and the Nifty crossed the 24,300 mark, supported by robust buying interest in banking and information technology stocks.

    Sensex Surges Nearly 1,000 Points as Banking and IT Stocks Lift Market Sentiment

    The positive momentum reflected improved investor confidence, with key sectors contributing to the broader market gains. Banking and IT counters emerged as major drivers of the rally, attracting strong buying activity during the trading session.

    Market analysts attributed the upward movement to favourable domestic cues, renewed investor participation and optimism surrounding growth prospects across major sectors.

    The rally extended gains across several segments, with investors showing increased interest in fundamentally strong companies amid positive market sentiment.

    Experts said continued monitoring of global developments, economic indicators and corporate earnings will remain important for sustaining market momentum in the coming sessions.

    The strong performance of benchmark indices highlights the resilience of Indian equity markets and investor confidence in the country’s economic outlook.

  • Soy Soi Presents ‘Embers of Grills’ – A Celebration of Charcoal-Grilled Flavours from East Asia

    July 17: Soy Soi, Chennai’s destinations for Pan Asian cuisine, presents ‘Embers of Grills’ at Kotturpuram, Chennai till July 19th 2026. Embers of Grills celebrate the timeless tradition of charcoal grilling across Southeast and East Asia.

    FOR LISTINGS - Soy Soi Presents 'Embers of Grills' – A Celebration of Charcoal-Grilled Flavours from East Asia

    Taking inspiration from the satay stalls of Kuala Lumpur, the robata grills of Japan, and the charcoal carts of Bangkok, Hanoi and Chengdu, the promotion offers guests a culinary journey through some of Asia’s most celebrated grilling traditions.

    Inspired by the vibrant street food culture of the region, Embers of Grills brings together the authentic flavours of open-fire cooking through a carefully curated menu featuring Soy Soi’s signature grilled dishes alongside popular Asian favourites.

    The menu brings together some of Asia’s most loved charcoal-grilled dishes, including the Moo Ping with Spicy Peanut Sauce, featuring Thai-style marinated pork skewers served with a spicy peanut sauce; Ga Nuong – Grilled Chicken Leg, a bone-in chicken leg infused with fragrant lemongrass and grilled over charcoal; Spiced Tofu Kin, charcoal-grilled tofu skewers seasoned with Burmese spices and chilli paste; and Xinjiang Lamb Skewers, cumin-flavoured lamb grilled over charcoal and served with a numbing Sichuan chilli sauce. Each dish celebrates the bold, smoky flavours that define the region’s vibrant grilling traditions. 

    Embers of Grills recreates that spirit in a restaurant setting: bold marinades drawn from across the region, and a menu to ensure every guest finds something that appeals to them. Soy Soi invites guests to savour the unmistakable taste of food cooked over live charcoal and experience the bold, smoky flavours that have made grilled cuisine a favourite across Asia.

  • Smallcap and Microcap Stocks Drive Market Momentum in June, Deliver Strong Gains

    Mumbai, July 17: Smallcap and microcap stocks emerged as key performers in the equity markets during June, leading the broader market rally with gains of up to 6.35 per cent, according to market data.

    The strong performance of smaller companies reflected renewed investor interest, improved market sentiment and growing confidence in select sectors. The rally highlighted the resilience of emerging businesses and their increasing participation in India’s equity market growth story.

    Market analysts said the performance of smallcap and microcap segments was supported by factors such as positive domestic economic indicators, sector-specific growth opportunities and increased investor participation.

    The broader market movement also indicated continued optimism among investors, with smaller companies attracting attention for their growth potential and long-term value opportunities.

    Experts, however, advised investors to remain mindful of market risks and evaluate investment decisions based on company fundamentals, valuations and overall market conditions.

    The strong showing by smallcap and microcap stocks underscores the evolving nature of India’s equity markets and the growing role of emerging companies in driving market performance.

  • Frozen Fun Brings Its Gelato Craft to a New Mini Format: Piccolo

    Dessert habits are changing, and Frozen Fun is meeting that shift head-on with Piccolo, a new range of mini gelato-filled choco bars built for people who want premium indulgence in a lighter, more snackable format. The idea grew out of a simple observation: people haven’t stopped wanting dessert, but they are far more deliberate about portion size, ingredients, and how indulgence fits into their everyday lifestyle, including a rising preference for vegan and no-added-sugar choices. 

    The name reflects that intent directly. Piccolo means “small” in Italian, chosen because the range is built entirely around a smaller, more delightful format of gelato enjoyment; the same craft, condensed. 

    Frozen Fun identified a clear gap between traditional full-sized desserts and the growing consumer appetite for something more mindful. Shoppers today want dessert that feels premium without feeling heavy, and increasingly, they want vegan or no-added-sugar options that don’t read as a compromise. Piccolo was built for exactly that space: indulgent enough to satisfy, small enough to feel balanced. 

    None of this came at the cost of taste. The brand was clear from the outset that Piccolo should never feel like a “diet dessert,” and instead focused on genuine enjoyment that happens to align with modern preferences. In the vegan line, that meant developing real creaminess without dairy; in the no-added-sugar line, it meant keeping every bite rich and satisfying rather than flat. That work defines Piccolo’s USP: Frozen Fun’s premium gelato, reimagined as a mini choco bar, with Vegan & No Added Sugar and No Added Sugar options built in. 

    The range launches with six flavours, Strawberry Cheesecake Crumble, Mocha Latte, Brownie Fudge, and Skinny Vanilla in the No Added Sugar line, and Hazelnut Hug and Peanut Party under Vegan & No Added Sugar, aimed at urban, aspirational consumers who love dessert but are becoming more conscious of what they eat. Whether it’s a working professional looking for an easy treat, a plant-based consumer seeking indulgence without dairy, or a family trying something new together, Piccolo gives Frozen Fun a format that’s portable, shareable, and true to the brand’s gelato-first identity.