Issue No 5, May 06, 2022
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India in Vancouver - Weekly Newsletter
Issue No.5, May 6, 2022

Consulate Weekly Newsletter

Shri Trimbakeshwar Temple is located at a distance of about 28 km from Nashik, Maharashtra near the mountain named Brahamagiri from which the river Godavari flows.
Azadi Ka Amrit Mahotsav is an initiative of the Government of India to celebrate and commemorate 75 years of progressive India and the
glorious history of it's people, culture and achievements. 
www.india75.nic.in
   

                    

 

 


                    

 

 

Important Trade Fairs in India

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Invest India
Agriculture

Agriculture, with its allied sectors, is unquestionably the largest livelihood provider in India, more so in the vast rural areas. It also contributes a significant figure to the Gross Domestic Product (GDP). Sustainable agriculture, in terms of food security, rural employment, and environmentally sustainable technologies such as soil conservation, sustainable natural resource management and biodiversity protection, are essential for holistic rural development. Indian agriculture and allied activities have witnessed a green revolution, a white revolution, a yellow revolution and a blue revolution.

 

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Adventure
Kayaking at Devprayag

Kayaking is comparatively a new adventure sports in India who has recently caught on the popularity. If you like water sports, then this is something you may try. It is a single-person adventure sport which makes use of a small, narrow watercraft propelled by a double-bladed paddle. Devprayag in Uttarakhand is one of the adventure sports destinations in India where you can try kayaking. And, no, it is not similar to canoeing.

 

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Incredible India
Dongargarh

Dongargarh nestles a beautiful Lord Gautam Buddha Statue in Chhattisgarh.Pragya giri is an area of Dongargarh in the Rajnandgaon district of the Indian state of Chhattisgarh situated on a hilltop of 1,000 feet (300 m). There is a Buddh vihara with a large Buddha statue facing east. There are 225 steps leading up the mountain.

 

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Incredible India
Murshidabad Hazarduari Palace

Hazarduari Palace, earlier known as the Bara Kothi, is located in the campus of Kila Nizamat in Murshidabad, in the Indian state of West Bengal. It is situated near the bank of river Ganga. It was built in the nineteenth century by architect Duncan Macleod, under the reign of Nawab Nazim Humayun Jah of Bengal, Bihar and Orissa. In 1985, the palace was handed over to the Archaeological Survey of India for better preservation. According to the Archaeological Survey of India as mentioned in the List of Monuments of National Importance in West Bengal, the Hazarduari Palace and Imambara ASI Listed Monuoments.

 

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COVID-19 - Travel Advisories and Updates

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India Perspectives - The Flagship Magazine of MEA

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PM Modi to meet President Biden at Quad Summit in Tokyo on May 24

Prime Minister Narendra Modi and US President Joe Biden are expected to meet on May 24 during the Quad Summit in Tokyo. The White House has issued a statement saying that President Biden will also travel to South Korea before he heads for Japan. “This trip will advance the Biden-Harris administration’s rock-solid commitment to free and open Indo-Pacific,’’ White House Press Secretary Jen Psaki said on Thursday.

 

 

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Bond start-ups boom in India selling retail clients on high yield

Start-up firms selling corporate bonds to retail investors are booming in the country. At least 10 new financial technology platforms have sprung up during the pandemic with the aim of grabbing a share of the $1.9 trillion market for bank time deposits.

 

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Chiratae Ventures plans to raise $600 million to bet on tech: Report

Tech-focused Indian venture capital firm Chiratae Ventures is planning to raise $600 million to boost investments in the country's booming technology startups, two sources with direct knowledge told Reuters.

 

 

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Shell signs $1.55 billion deal to acquire India's Sprng Energy group

Shell Overseas Investment B.V., a wholly owned subsidiary of Shell plc (Shell), has signed an agreement with Actis Solenergi Limited (Actis) to acquire 100 per cent of Solenergi Power Private Limited for $1.55 billion and with it, the Sprng Energy group of companies.

 

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Vinay Kwatra takes over as foreign secretary, Naveen Srivastava tipped for envoy to Nepal

With Vinay Mohan Kwatra taking over as India’s 34th Foreign Secretary today, China expert Naveen Srivastava is tipped to succeed Kwatra as India’s next ambassador to Nepal.

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Germany to give €10-billion green assistance to India till 2030

Prime Minister Narendra Modi and German Chancellor Olaf Scholz have decided to launch an Indo-German Partnership for Green and Sustainable Development under which Germany has decided to provide additional development assistance of €10 billion till 2030 to support India’s green growth plans.

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40 pc of real-time digital payments in the world took place in India in 2021: PM Modi

Addressing the Indian community in Berlin, Prime Minister Narendra Modi on Monday said that of the total real-time digital payments that took place throughout the world in 2021, 40 per cent took place in India.

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How sustainable are Indian unicorns' business models?

If there was one theme in the startup ecosystem that dominated 2021, it was unicorns! After all, 2021 saw the rise and rise of India’s start-ups with the unicorn-base doubling. Out of India’s 90 unicorns at the beginning of 2022, about 46 had emerged in 2021 itself.

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LIC IPO opens for retail investors today

At Rs 20,557 crore, the Life Insurance Corporation's (LIC) initial public offering (IPO), which opens for the retail investors today, is certainly the biggest till date in India.

 

 

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Paramount+ announces 2023 India launch in partnership with Viacom18

Paramount+, the global streaming service from Paramount Global, will launch in India in 2023 in partnership with Viacom18, as part of a recently announced agreement. Bob Bakish, President & CEO, Paramount, outlined the company's global plans for the streaming service during its first quarter Earnings Report announcement on Tuesday.

 

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Shining Bright: India’s largest floating solar power plant

India is making a fast-paced transition towards renewable energy. With abundant sunshine throughout the year in most parts of the country, it is no wonder that harnessing the full potential of solar energy is the cornerstone of India’s RE push. In recent years, apart from grid-connected mega solar parks, especially in the western and southern regions of the country, India is making a push towards floating solar plants as well, Trend reports citing India World View.

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Rajasthan Becomes the First 10 GW Solar State

Rajasthan became the first state in India to surpass 10 GW of cumulative large-scale solar installations, as per Mercom’s India Solar Project Tracker. The state has a total of 32.5 GW of installed power capacity, with renewables contributing 55%, followed by thermal energy at 43%, and nuclear energy making up for the remaining 2%. Solar is the predominant source which now accounts for around 36% of the power capacity mix and 64% amongst renewables.

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