
ALEAP president shortlisted for UN Nelson Rolihlahla Mandela Prize
HYDERABAD: Association of Lady Entrepreneurs (ALEAP) President Rama Devi Kanneganti has been shortlisted for the prestigious United Nations Nelson Rolihlahla Mandela Prize 2025. According to a press release issued on Thursday, this recognition has been given in appreciation of her commitment to empowering women through entrepreneurship.
Under Rama Devi's leadership, ALEAP has grown to over 10,000 members and made significant strides in building an entrepreneurial ecosystem for women in India.
Though the award is given to only a man and a woman globally every five years, being shortlisted among 330 nominees worldwide is a moment of great pride and global acknowledgement for ALEAP's impactful journey, the statement said.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Time of India
2 hours ago
- Time of India
Russia signs investment deal with Myanmar, sees offshore oil and gas prospects
Russia signed an investment agreement with Myanmar on Friday that it said could open up new opportunities for Russian energy companies in the south Asian country. "We especially note the readiness of the Myanmar side to attract Russian companies to the development of offshore oil and gas fields," Economy Minister Maxim Reshetnikov said after signing the agreement in St Petersburg with Kan Zaw, Myanmar's minister of investment and foreign economic relations. Russia said the deal would help accelerate projects including in Myanmar's Dawei special economic zone , where a 660 MW coal-fired thermal power plant is being developed. Russia has been building closer ties with Myanmar's military junta, which seized power in 2021 by toppling the elected government of Nobel peace prize winner Aung San Suu Kyi. The country is struggling with internal conflict, an economy in tatters, widespread hunger and a third of the nation's 55 million people in need of aid, according to the United Nations. Junta chief Min Aung Hlaing met Russian President Vladimir Putin in March and signed an agreement on construction of a small-scale nuclear plant in Myanmar. A month earlier, the two countries signed a memorandum on construction of a port and oil refinery in the Dawei economic zone. Friday's agreement will also facilitate cooperation in areas including transport infrastructure, metallurgy, agriculture and telecommunications, the Russian government said.


New Indian Express
7 hours ago
- New Indian Express
ALEAP president shortlisted for UN Nelson Rolihlahla Mandela Prize
HYDERABAD: Association of Lady Entrepreneurs (ALEAP) President Rama Devi Kanneganti has been shortlisted for the prestigious United Nations Nelson Rolihlahla Mandela Prize 2025. According to a press release issued on Thursday, this recognition has been given in appreciation of her commitment to empowering women through entrepreneurship. Under Rama Devi's leadership, ALEAP has grown to over 10,000 members and made significant strides in building an entrepreneurial ecosystem for women in India. Though the award is given to only a man and a woman globally every five years, being shortlisted among 330 nominees worldwide is a moment of great pride and global acknowledgement for ALEAP's impactful journey, the statement said.


Time of India
a day ago
- Time of India
Global FDI decline: UN warns of declining globalisation; 'Barriers are rising'
FDI United Nations secretary-general Antonio Guterres on Thursday expressed concern over the declining state of globalisation, warning that foreign direct investment (FDI) continues to shrink amid worsening global economic conditions. His remarks came as the UN released fresh data highlighting a negative outlook for international investment flows. In its 2025 World Investment Report, the UN Conference on Trade and Development (UNCTAD) revealed that global FDI dropped by 11 per cent last year, once adjusted for volatile financial flows through several European economies, falling to $1.5 trillion. The downturn follows two consecutive years of decline and is expected to continue into 2025, driven by ongoing geopolitical tensions and tariff disputes. 'At a time when the world should be deepening cooperation and expanding opportunity, we are seeing the opposite,' Guterres said. 'Barriers are rising. Globalisation is retreating. And the consequences for sustainable development are profound. Rising trade tensions, policy uncertainty and geopolitical divisions risk making the investment environment even worse.,' he further added. UNCTAD attributed the global slide to a 22 per cent fall in FDI to developed economies, with Europe taking the hardest hit, recording a staggering 58 per cent decline. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Thị trường có dấu hiệu suy thoái không? IC Markets Đăng ký Undo The United States, however, saw a 23 per cent increase, helping North America stand out as an exception. In contrast, FDI inflows to developing countries remained relatively stable, though the broader investment outlook remains fragile. Presenting the findings at a press conference, UNCTAD secretary-general Rebeca Grynspan called the situation 'clear and urgent,' warning that global investment remains 'weak' and the prospects for this year are 'negative.' 'The investment landscape in 2024 was shaped by international tensions, trade fragmentation, and intensifying industrial policy competition,' she said. These factors are 'eroding long-term investor confidence.' Although trade showed early signs of recovery in 2023 after the pandemic years, Grynspan said that renewed uncertainty—particularly stemming from the renewed trade war initiated by former US President Donald Trump in April—has 'killed that possibility for 2025.' 'The problem that we have is that we don't see an end,' she added. The findings come at a time when global economic cooperation appears increasingly strained, with the ripple effects of protectionist policies threatening to undermine progress toward sustainable development goals. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now