Record-Breaking Investments: American Firms Pour Over $16 Billion into India’s Thriving Economy

Taushif Patel
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Record-Breaking Investments: American Firms Pour Over $16 Billion into India’s Thriving Economy

In his speech to aspiring business owners and professionals at the John F. Kennedy Centre, PM Modi said that every time India has become stronger, the entire world has benefited.

The connection between India and the US, according to Prime Minister Narendra Modi, is not one of convenience but rather of conviction, shared commitments, and compassion.

In his speech to budding businesspeople and professionals at the John F. Kennedy Centre in this city, Prime Minister Modi claimed that every time India has become stronger, the entire world has benefited.

This was observed during the Covid epidemic, according to the prime minister. He remarked at the US-India Strategic Partnership Forum that India raised its manufacturing and supplied medicines when the world needed them.

President Joe Biden and First Lady Jill Biden invited PM Modi on a state visit to the US.

Talking about India-US partnership, he said this partnership can change the fate of the world in the 21st century. This partnership is not of convenience but one of conviction, shared commitments and compassion, PM Modi said.

He also said that the basis of India’s success and its development’s biggest driving force is the aspiration of its people. PM Modi also noted that in the last two and two and a half years, US companies have invested more than USD 16 billion in India.

India is the world’s youngest nation and it has the world’s biggest youth talent pool and skilled and professional force, the prime minister said and asserted that whichever country joins India at this time, it is bound to benefit.

“We are keeping fiscal deficit in check and continuously increasing our Capex. Our export is increasing, our Forex is increasing, and new records are being created in FDI,” PM Modi said.

The prime minister claimed that because India is the world’s youngest country and has the largest youth talent pool and skilled and professional workforce, any country that joins India at this moment will undoubtedly profit.

We are consistently raising our Capex while limiting the fiscal deficit. New records are being set in FDI, our export, and our foreign exchange, according to PM Modi.

Triumph After Turmoil: Inspiring story of Vivek Raina who built Rs. 400 crore internet firm Excitel

Sunil Pandey
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Triumph After Turmoil: Inspiring story of Vivek Raina who built Rs. 400 crore internet firm Excitel

Inspiring story of Vivek Raina, who founded internet company Excitel, once worked for Hathway for just Rs 10,000 per month. His company now clocks a turnover of Rs 400 crore. 

Vivek Raina’s serves as an example of the strength of resiliency, tenacity, and education. Entrepreneurs should draw inspiration from his experience, which also highlights how crucial persistence is to success. Vivek Raina overcame enormous obstacles by staying dedicated to his objectives and creating a prosperous company that is changing India’s internet industry.

Vivek Raina was born in Srinagar, Kashmir, but due to militancy and conflict in 1990, he was forced to escape his home during the Kashmiri Pandit Exodus. His four children left their luxurious Jammu home to live in a one-room rental apartment. Vivek was raised in their ancestral home by parents who made education the only priority in their children’s lives. However, tragedy occurred in Srinagar when Vivek was 13 years old, forcing the family to move to Jammu. Despite these difficulties, Vivek completed an MBA program and worked for a number of ISPs before founding Excitel in 2015 with partners from Bulgaria. The Delhi-based company, which has a revenue of Rs 400 crore, is present in 30 Indian cities.

Vivek remembers the challenging transition his family underwent when they moved to a new city that was very dissimilar from their previous one. Summers in Srinagar were a welcome respite from the severe and snowy winters that forced them indoors before they moved to Jammu. However, they were exposed to the oppressive heat they had never known during their first summer in Jammu. The family had to relocate regularly, changing one-room residences every few months because it was challenging to get along with landlords.

As their father having to work part-time to support them financially, Vivek and his family found it difficult to adjust to life in Jammu. Rent costs increased, and they had to make considerable lifestyle changes. 

Vivek’s family was disappointed by his Class 12 grade, which he only managed to earn with a mere 55%. Vivek studied Electronics and Communication Engineering at Government College of Jammu between 1994 and 1997 in an effort to impress his father. He enrolled in a correspondence program at Jammu University for a BA in English Literature around that time because he wanted to study English literature. He later completed his MBA in Marketing at the University of Pune.

As a Business Development Officer for the internet business Hathway, Vivek’s initial position involved selling broadband connections to small offices. Prior to leaving the company in 2004 and joining Reliance, he earned a starting salary of Rs 10,000 that was later increased to Rs 16,000 in total.

Vivek started working for Reliance as the Manager of Business Development and sold IPTV (Internet Protocol Television). In 2008, he left Reliance and returned to Hathway as the Business Head for North India.

Later, in 2009, Vivek changed jobs, becoming the Regional Head for North and Central India at Broadband Pacenet, a cable television firm that was a division of Digicable. He continued to work there until 2015, earning a salary of Rs 30 lakh annually.

Vivek got the chance to meet some Bulgarian business owners at this time who were looking for chances in India after selling their online firm there.

In 2015, as a result of this encounter, Vivek  Raina and his Bulgarian business partners co-founded Excitel.

They were able to raise Rs 12 crore from Neveq Ventures to launch the business, and they raised Rs 100 crore once more in 2021 to continue Excitel’s expansion. 

Vivek claims that although their initial goal was to make 50,000 contacts in the first year, they ended up making 1 lakh relationships instead. They earned Rs 5 crore in the first year.

Their business now thrives across Delhi, Uttar Pradesh, Haryana, Rajasthan, Bihar, Maharashtra, Karnataka, Telangana, and Andhra Pradesh.

Their corporate office, which employs about 3000 people, is in Delhi’s Aerocity. There are seven additional offices scattered throughout India.

Save the Date: Shahid Kapoor and Kriti Sanon’s Untitled Romantic Flick Locks in a Release Date Get Ready to Fall in Love!

Nitin Bhatnagar
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Save the Date: Shahid Kapoor and Kriti Sanon’s Untitled Romantic Flick Locks in a Release Date Get Ready to Fall in Love!

The untitled Shahid Kapoor and Kriti Sanon movie finally has a release date. Amit Joshi and Aradhana Sah teamed to write and direct the love Romantic drama.

In a future movie directed by Dinesh Vijan, Shahid Kapoor and Kriti Sanon will all co-star. Shahid and the Adipurush actress will work together on the much awaited film, which is being directed by Amit Joshi, for the first time. The movie’s release date has been made public, and it is referred to as a “robotic” love story. Shahid and the Adipurush actress will work together on the much awaited film, which is being directed by Amit Joshi, for the first time.

Amit Joshi and Dinesh Vijan’s unnamed love drama starring Shahid Kapoor and Kriti Sanon will be released on the specified date. Set your calendars for the debut of the untitled film on December 7, 2023.

In their upcoming, as-yet-untitled movie, Shahid Kapoor and Kriti Sanon will appear together on screen for the first time.  Shahid Kapoor plays a robotics expert, while Kriti Sanon plays a robotic character in the next movie. This love drama was written and directed by Amit Joshi and Aradhana Sah and is being distributed by Jio Studios and Dinesh Vijan’s Maddock Films. The movie’s ensemble cast also includes talented actors like Dimple Kapadia and Dharmendra in addition to Kriti and Shahid. The fact that Kriti and Shahid will be sharing a screen for the first time raises the anticipation for the film. Additional information about the movie is presently kept under wraps.

Kriti Sanon plays the part of a robot in the untitled movie. On the other side, the Rangoon actor portrays a robot expert. The romantic drama is written and directed by Amit Joshi and Aradhana Sah and is supported by Jio Studios and Dinesh Vijan’s Maddock Films.

Shahid Kapoor, meantime, most recently appeared in Bloddy Daddy. Jio Cinemas will begin broadcasting the movie on June 9. Ali Abbas Zafar, who co-wrote the movie with Aditya Basu and Siddharth-Garima, directed the action-thriller. Ronit Roy, Diana Penty, and Sanjay Kapoor also play significant parts in it. Kriti Sanon, on the other hand, most recently appeared in Adipurush. Despite receiving poor reviews, the movie is performing well at the box office.

Game-Changer Alert: Xiaomi Pad 6 Takes the Mid-Range Market by Storm – Is It the Best Android Tablet You Can Get for Less than Rs. 30,000

Nitin Gohil
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Game-Changer Alert: Xiaomi Pad 6 Takes the Mid-Range Market by Storm – Is It the Best Android Tablet You Can Get for Less than Rs. 30,000

The Xiaomi Pad 6 offers value it is the brand’s most recent mid-range tablet, the Ultimate Choice under Rs. 30,000.

The Xiaomi Pad 6 should be able to handle daily work and a few games thanks to its slightly dated Snapdragon 870 processor and 8GB of RAM; you can learn more about the tablet’s performance in our review. The processor is a minor improvement over Qualcomm’s Snapdragon 860 chips from a year ago, which itself an improvement over the Snapdragon 855+ SoC.

Additionally, you may purchase a few accessories that were mentioned by the manufacturer when it unveiled the Xiaomi Pad 6 in India last week and are compatible with the tablet. This contains the Xiaomi Smart Pen (2nd Gen), keyboard, and cover for the Xiaomi Pad 6. The availability of these accessories should be guaranteed by Xiaomi as long as the product is offered for sale in the nation.

The newest tablet from Xiaomi boasts an 8-megapixel front-facing camera and a 13-megapixel rear camera. Like most tablet devices, users may use the camera to take pictures of documents and other items while relying on their smartphone camera for more frequent photography. You can see the camera samples and information on how it functions in various situations in

The newest tablet from Xiaomi boasts an 8-megapixel front-facing camera and a 13-megapixel rear camera. Like most tablet devices, users may use the camera to take pictures of documents and other items while relying on their smartphone camera for more frequent photography. In our review, you can see examples of the camera and information about how it functions in various situations.

The recently released Xiaomi Pad 6 comes with a sizable 8,840mAh battery and 33W cable charging capabilities. According to Xiaomi, it will take approximately 100 minutes to charge a fully discharged battery at that rate. According to Xiaomi, the tablet can run for up to two days on a single charge.

The Xiaomi Pad 6 wasn’t actually released until last week in India; it was first introduced in China earlier this year. It utilizes MIUI 14 for Pad, which is based on Android 13. The tablet has an 11-inch LCD screen with Dolby Vision and a refresh rate of up to 144 Hz. It also supports a maximum brightness of 550 nits.

Overall, the Xiaomi Pad 6 stands out as an excellent mid-range tablet option, providing impressive specifications, attractive design, and remarkable value for money. Whether you’re a student, professional, or casual user, this tablet offers a convincing mixture of performance, affordability, and features that make it a worthy competitor in its price range.

TMKOC: Sohail Ramani Hits Back At Jennifer Mistry Over Allegations

Nitin Bhatnagar
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TMKOC: Sohail Ramani Hits Back At Jennifer Mistry Over Allegations

“If she had so many issues, why did she come back in 2016,” asks TMKOC operations head Sohail Ramani.

Sohail Ramani, the operations head of the TV show Taarak Mehta Ka Ooltah Chashmah has now hit back at the actress Jennifer Mistry Bansiwal and asked that if there were so many problems, then why she rejoined the show in 2016. 

Jennifer Mistry Bansiwal has leveled the charges of sexual harassment against the producer Asit Kumarr Modi, Sohai Ramani and executive producer Jatin Bajaj. In an interview, Sohail stated, “If Jennifer had so many problems with the show and the producer, why did she come back and join us in 2016. Nobody had forced her. Why did she message Asit bhai ki, ‘Main sudhar gayi hoon, sir mujhe ek mauka do’. So, I am unable to understand her issues.”

He further adds that he is not able to understand why Jennifer has dragged his name in this matter. He stated, “I don’t understand what grudge she holds against me. I was only doing my job. As part of the company protocol, I did what I had to when she left the set for personal reasons without informing. She even misbehaved. If you work for a company, there are certain rules that you need to follow. If you’ll come late or do things that affect smooth functioning, the production team will speak out. Humne toh daanta bhi nahi. Sirf pyaar se samjhaaya tha. Jab repetitive hone laga, toh humne daanta. So, all this is nothing but a publicity stunt.”

Though Sohail Ramani also says that he has evidences to prove that the allegations leveled on him are baseless, he didn’t share any evidence with the media. 

In response to Sohail Ramani’s statement, Jennifer stated, “There were a few things that happened here and there and when I tried to raise my voice against it, mujhe chup kara dia gaya. Other than that, the only issue I faced was in january 2013, when they called me back four day after my father’s death. But that was all. Problems started after October 2018 and that incident of Asit sexually harassing me was around March 2019. I have phone call recordings of Sohail harassing me, shouting at me and misbehaving.”

Who do you think is telling the truth and who is lying in your opinion? Share with us.

Deloitte resigns as edtech giant BYJU’S auditor; 3 board members also resign

Sunil Pandey
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Deloitte resigns as edtech giant BYJU’S auditor; 3 board members also resign

Deloitte, the auditors of Byju’s, has resigned due to a delay in financial statement filing. The company’s financial statements are long delayed, preventing Deloitte from starting an audit. Three board members of the edtech giant also resigned.

Deloitte, Byju’s auditors, resigned due to a delay in financial statement filing. Three board members also resigned in a worsening crisis at the edtech giant. Deloitte Haskins & Sells, which was supposed to audit Byju’s until 2025, resigned with “immediate effect” because “the financial statements of the company are long delayed.”

Deloitte wrote to the board of Think & Learn Pvt Ltd (Byju’s) that delays have prevented it from starting an audit, which will “significantly impact” its ability to “plan, design, perform and complete” the audit according to standards. Byju’s said BDO will help “uphold the highest standards of financial scrutiny and accountability” as its new auditor.

GV Ravishankar, MD of early-backer Peak XV Partners (previously Sequoia Capital India), Russell Dreisenstock of Prosus, and Chan Zuckerberg’s Vivian Wu resigned from Byju’s board, sources claimed. Directors resigned for unknown reasons. The original family—CEO Byju Raveendran, wife Divya Gokulnath, and brother Riju—now sits on Byju’s board.

A Byju’s spokeswoman denied media rumors of board resignations. “BYJU’S strongly disputes these claims and encourages media to stop spreading unverified information. Our company makes substantial changes.”

 Byju’s delayed a USD 40 million repayment due earlier this month and sued its lenders for harassment in loan recovery. Deloitte Haskins and Sells told Byju’s board that it is resigning as Think & Learn’s auditor three years before the contract’s expiration due to a long delay in the edtech firm’s FY2021-22 financial statement.

The edtech firm also announced that BDO (MSKA & Associates) will be its statutory auditors for five years starting in 2022. Deloitte said it routinely wrote to Byju’s Managing Director Byju Raveendran with a copy to the board of directors but was unable to start the audit, thus it quit.

We can’t comment on the audit yet. Thus, we will struggle to organize, develop, conduct, and conclude the audit in compliance with auditing standards. “We are tendering our resignation as statutory auditors of the company with immediate effect,” Deloitte Haskins & Sells told Byju’s board.

Byju’s auditor is Deloitte. Reappointed for five years on April 1, 2020. Financial results for March 31, 2022 are delayed. “In accordance with the Companies Act, 2013, the audited financial statements for FY2021-22 were due to be laid before shareholders in the Annual General Meeting by September 30, 2022,” Deloitte added.

The audit company emailed Byju’s Managing Director Byju Raveendran and the board of directors on September 30, 2022, November 5, 2022, November 12, 2022, December 24, 2022, and March 29, 2023, for statutory audit for the year ended March 31, 2022.

The audit firm stated it did not get any communication on the resolution of audit report revisions for FY 2021 and the audit readiness of the financial statements and related documents for FY 2022. Byju’s audit was delayed while it awaited a new chief financial officer, according to anonymous sources.

Ajay Goel, Byju’s new group CFO, joined the company a month ago, and the audit will begin next week. The group-level audit is expected to be finished in the upcoming quarter, according to BYJU, and will be completed more quickly thanks to BDO’s experience serving as an auditor for BYJU’S subsidiaries.

BDO will audit the consolidated results for the entire group as well as the principal subsidiaries of Think and Learn Pvt Ltd, including Aakash Education Services Limited. According to Byju’s, “this thorough audit coverage will give a holistic view of BYJU’S financial performance and ensure transparency throughout the organization.”

Goel selected BDO as Byju’s auditors after a rigorous procedure. We confidently chose BDO as our auditors after a well-structured selection procedure. Their competence in auditing globally varied major enterprises makes them ideal for our company. “We are excited to collaborate with BDO to uphold the highest standards of financial scrutiny and accountability,” Goel stated.

ICICI, Cisco, IndusInd Bank, and BDO are among the top five global audit firms by turnover.

Conclusion

Deloitte, the auditors of Think & Learn Pvt Ltd (Byju’s), has resigned due to a delay in financial statement filing. The company’s financial statements are long delayed, preventing Deloitte from starting an audit. The board has also resigned three board members, including MDs of Peak XV Partners, Russell Dreisenstock of Prosus, and Vivian Wu of Chan Zuckerberg. The original family, CEO Byju Raveendran, wife Divya Gokulnath, and brother Riju, now sits on Byju’s board. Deloitte has been Byju’s statutory auditor since 2016, and the company’s March 31, 2022 financial results are late.

BDO (MSKA & Associates) will be its statutory auditors for five years starting in 2022. The audit will begin next week, with Ajay Goel, Byju’s new group CFO, joining the company. BDO’s experience as an auditor for BYJU’s subsidiaries ensures familiarity with the organization’s operations, enabling a streamlined completion of the group-level audit.

From Crime-Fighting to Classroom: Inspector Vivek from CID Takes on a New Role as Bengaluru College Professor!”

Nitin Bhatnagar
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From Crime-Fighting to Classroom: Inspector Vivek from CID Takes on a New Role as Bengaluru College Professor!”

Vivek Mashru, who played Inspector Vivek on the crime drama CID, revealed his present occupation in a tweet that went viral.

C.I.D, the favorite television series of the 90s, holds a special place in the hearts of its fans even after it went off air in 2018. Known for its awesome cast and stellar content, this crime-thriller aired on Sony TV from January 1998 to October 2018, and fans still revisit the series from time to time. The characters from the show have become ingrained in the memories of its viewers.

In recent news, a photo of the actor Vivek Mashru, who played Inspector Vivek on the show, has been resurfacing on the internet, sparking nostalgia among fans. Twitter users, reminiscing about the good old days of C.I.D, have been sharing pictures of the series, including some featuring Vivek. One Twitter handle shared his picture with a caption that read, “If you know him, your childhood was awesome.” This gesture deeply moved the actor, who had stepped away from the glamour world.

Expressing his gratitude, Vivek Mashru retweeted one of the fan tweets and captioned it, “Thank you so much for your kindness, love, and appreciation for whatever little I have done. It means a lot to me and is deeply appreciated! Fans were eager to learn more about his current life after this response.

Vivek Mashru is currently leading a happy and peaceful life with his family in Bengaluru. He has taken a long break from the industry and is now working as a professor at a Bangalore-based university. According to his LinkedIn profile, Mashru serves as the director of the Department of Common Core Curriculum at CMR University in Bengaluru.

Turning the focus back to C.I.D, the evergreen Sony TV show is a crime-drama that revolves around an investigation bureau specifically designed to catch criminals who are beyond the reach of the regular police force. It is a classic show that has become an integral part of many people’s childhoods. The team is led by three key characters: ACP Pradyuman, played by Shivaji Satam, Senior Inspector Daya, played by Dayanand Shetty, and Senior Inspector Abhijeet, portrayed by Aditya Srivastava.

With its intriguing plots and well-developed characters, C.I.D captivated audiences for two decades. The show left a lasting impact on viewers, who still cherish its memories today. As fans continue to share and reminisce about the golden days of C.I.D, the resurfacing of Vivek Mashru’s photo on the internet serves as a heartwarming reminder of the show’s enduring popularity.

YouTube’s Stricter Guidelines: Fan Channels Now Required to Explicitly Specifying Content in Titles or Handles

Nitin Gohil
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YouTube’s Stricter Guidelines: Fan Channels Now Required to Explicitly Specifying Content in Titles or Handles

YouTube is revising its impersonation policy, requiring users to make it clear in their channel name or handle if they operate fan accounts.

A new policy update has been implemented by YouTube for fan channels of well-known content producers and influencers. The biggest video streaming website published an update to its blog with the title “Updates to YouTube Policies for Fan Channels” on its community page. The business has disclosed that it is updating its policies on impersonation for those who manage fan channels. This is done to stop fan channels from stealing trademarks, works of art, and other intellectual properties that belong to the person who originally created them. Continue reading to learn more about the latest YouTube policy update.

Fan channels must make it clear in their channel name or handle that they are fan channels, according to the company’s official community post. It is made clear in the post that these channels must make it obvious that they do not speak for the original creator, artist, or influencer. Any channel found to be violating the updated guideline will have their channel deleted from the site. According to YouTube, the new policy modification will start to take effect on August 21, 2023.

Fan channels must make it clear in their channel name or handle that they are fan channels, according to the company’s official community post. It is made clear in the post that these channels must make it obvious that they do not speak for the original creator, artist, or influencer. Any channel found to be violating the updated guideline will have their channel deleted from the site. According to YouTube, the new policy modification will start to take effect on August 21, 2023.

Additionally, YouTube has simplified the process for producers to monetize their videos on its systems. Less lax than before, the monetization rules have changed. Prior to this change, channels had to have at least 1,000 subscribers and either 4,000 watch hours or 10 million Shorts views in the previous 90 days. Three recent public uploads with either 3,000 watch hours in the previous year or 3 million Shorts views in the most recent 90 days are now required.

Those who satisfy the updated criteria can submit an application to join the YouTube Partner Program. They have access to resources like Super Thanks, Super Chat, channel memberships, and more through this program.

Ashwin Takes A Dig At Rohit & Team Management With MS Dhoni’s Example

Nitin Bhatnagar
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Ashwin Takes A Dig At Rohit & Team Management With MS Dhoni’s Example

A hurt Ashwin expresses his emotions by citing the example of former Indian skipper MS Dhoni.

Rohit Sharma, the skipper of the Indian cricket team, is under constant criticism because of his failure in making his team win big tournaments such as Asia Cup 2022 and ICC T20 World Cup 2022 and recently the Indian squad also lost the WTC final under his leadership.

Rohit Sharma’s captaincy skills were also questioned as he chose to exclude the Indian spinner Ravichandran Ashwin from the squad despite the fact he is currently the number one test bowler and he was the third highest wicket taker in this WTC cycle and the highest wicket taker when it comes to Indian bowlers with 61 wickets. 

Many former cricketers slammed not only Rohit Sharma but the Indian head coach Rahul Dravid as well for this decision. Undoubtedly, Ravichandran Ashwin was also hurt and now he has taken a jibe at Rohit Sharma and the current Indian team management by citing the example of former Indian skipper MS Dhoni. 

While speaking on his YouTube channel, R Ashwin stated, “It is understandable that there’s a furore in India that we haven’t won an ICC trophy in 10 years. I empathise with the fans. But the reaction on social media is that this player should be dropped and that player should be included. But quality of a player doesn’t change overnight. Lot of us talk about MS Dhoni’s leadership. What did he do? He kept it very simple. Under his regime, where I also played, he will pick a squad of 15. The same squad of 15 and the XI will play throughput the year. That sense of security is very important for a player.”

Earlier in an interview, he also talked about the tag of overthinker which has been attached with him, he said, “A lot of people marketed me and positioned me that I am an overthinker. A person who will get 15-20 matches on the go doesn’t have to be mentally overthinking. A person who knows that they will get only two games will be traumatised and will be overthinking because it’s my job. It’s my journey. So this is what suits me. If somebody is going to tell me, ‘you’re going to play 15 matches, you will be looked after, you will be this, you are responsible for players, you are in the leadership role, I won’t be overthinking. Why would I?”

What do you think of Rohit Sharma’s captaincy at the international level?

Deepika Asks The Name Of Her Asana, Netizens Come Up With Hilarious Replies

Nitin Bhatnagar
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Deepika Asks The Name Of Her Asana, Netizens Come Up With Hilarious Replies

Fitness is one of the most important aspects of our lives and people have different choices in regard to maintaining their fitness. One of the most popular ways to keep ourselves fit is Yoga and it is gaining more popularity all over the world because of the efforts made by the current government.

Recently, the whole world celebrated the International Yoga Day (June 21) and Deepika Padukone, the popular Bollywood actress, also celebrated it by making a post on Instagram. 

The Om Shanti Om actress shared a photo of herself in which she is seen doing yoga and she asks her followers the name of the asana which she is doing. Deepika captioned the image as, “How many of you know what this asana is called? #worldyogaday”

Here is her Instagram post:

Currently, Deepika Padukone is on cloud nine after the huge success of her last release Pathaan which also starred Shah Rukh Khan and John Abraham in important roles. 

Do you have any idea what this asana is called? Do share your answer with us.

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