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India In Vancouver-Weekly NewsLetter
Issue No.40,February 10 2023

Consulate Weekly Newsletter

PM Modi inaugurated the India Energy Week (IEW) 2023 in Bengaluru. The Prime Minister underlined the major role of the energy sector in setting the direction of  the  future of the 21st-century world. “India is one of the strongest voices in the world for energy transition and for developing new resources of energy. Unprecedented possibilities are emerging in India that is moving with a resolution of a Viksit Bharat”, he said.

Canada-India Business Council hosted a get together with partners and panelist participating in BC India Partnership Summit on the eve of Summit on 8 Feb 2023. Consulate General Shri Manish participated in an engaging conversation with stakeholders on steps to deepen engagement.

Consul General Mr. Manish participated in the British Columbia-India Partnership Summit on 9 February 2023. The Summit took place in person after 3 years. Government of British Columbia officials and Business leaders deliberated on exploring opportunities for collaboration and innovation between India and Canada.

Sikkim was its own mountain kingdom till 1975 and still retains a very distinctive personality. The meditative, mural-filled traditional monasteries of Tibetan Buddhism coexist with Hindu shrines of the ever-growing Nepali community, with both religions creating some astonishing latter-day megasculptures to adorn the skyline

78 per cent approval rating: PM Modi most popular global leader

Prime Minister Narendra Modi has emerged as the most popular leader in the world in the Global Leader Approval survey, carried out by the USbased Morning Consult. The survey, done from January 26 to 31, featured 22 global leaders. PM Modi stood on top of the list with 78% approval rating. US President Joe Biden came seventh, with 40% approval rating, behind Italy’s first woman PM, Giorgia Meloni.

Jaishankar meets Canada counterpart; focus on plan to boost bilateral ties

EXTERNAL AFFAIRS Minister S Jaishankar on Monday held wide-ranging talks with visiting Canadian Foreign minister Melanie Joly with a thrust on boosting overall bilateral engagement, including in areas of trade and investment. Joly, who began her two-day visit to India on Monday, said both ministers reviewed the progress in bilateral relations, which are anchored in shared democratic values, growing economic linkages, security cooperation, mobility of students and professionals and strong people-to-people ties..

India’s ‘LiFE’ initiative can save $440 bn globally in 2030

The ‘Lifestyle for Environment’ or LiFE initiative of India for the adoption of energy-efficient behaviour can save the world $440 billion in 2030, according to a report by International Energy Agency (IEA). The report titled"Life Lessons of India"said that the saving would be equivalent to around 5% of all fuel spending across the global economy in that year.

"Komagata Maru Way” to be designated as a portion of Canadian roadway

In commemoration of the 376 Indians, predominantly from Punjab, who embarked on a journey from India to Canada in 1914, only to be refused entry by the nation.” “A segment of South Fraser Way in Abbotsford, British Columbia has been renamed as “Komagata Maru Way” to honor the memory of 376 Indian immigrants who were denied entry into Canada in 1914.

India ranked among top five accreditation systems in the world

In an encouraging news, India has been ranked among the top five nations in the global ranking for the best accreditation system, according to the recently released Global Quality Infrastructure Index (GQII) 2021. The GQII ranks 184 economies on the basis of their quality infrastructure (QI). India's overall QI system ranking continues to be tenth. According to the index, India was ranked 21st in terms of metrology and ninth in standardisation.

Budget underpins India's strategy from Amrit Kaal to Shatabdi Kaal

The budget this year is a reaffirmation of this vision. Set against a rather gloomy backdrop, where the world is moving from one crisis to another, it underpins India's strategy from Amrit Kaal to Shatabdi Kaal. It builds on our strengths such as high entrepreneurial capabilities, a strong diplomatic standing, and a cultural re-emergence on the global stage.

BUDGET 2023: Making ‘Make in India’ happen

With a clear focus on capital expenditure, technology, developing skilled and young workforce and inclusive development, Budget 2023 has set a positive tone for a sustained high-growth trajectory to meet India’s $5 trillion economy goal. It does a fine job of balancing both the strategic and the tactical intent

India’s G20 philosophy is a guiding light in the realm of conservation

The conservation of ecosystems to preserve biodiversity, along with sustainable growth of the economy through a multidimensional approach to environmental protection and mindful utilisation of resources, is at the heart of an ecologically balanced development strategy.

              PM Modi makes a strong pitch for energy investments

    Prime minister Narendra Modi on Monday made a    sweeping pitch for investing in India and sought participation of investors in the country’s green growth, especially hydrogen called the ‘fuel of the future’

India most suitable destination for renewable energy investments: PM Modi

Inviting global investors to India’s energy space, Prime Minister Narendra Modi on Monday said that the country was the most suitable destination for investments in renewable energy space. Addressing the inaugural ceremony of the India Energy Week 2023, the prime minister urged stakeholders to explore every possibility related to India’s energy sector and get involved with it.

Sustainable Goals, climate on G20 agenda: NITI Aayog CEO Kant

India’s G-20 presidency, says former CEO NITI Aayog Amitabh Kant, who is the G20 Sherpa, has come amid several crises besetting the world, and these primarily concern the geopolitics in Europe, mainly stemming from the Russia-Ukraine war. India’s priorities are about accelerating the pace of implementation of the Sustainable Development Goals (SDGs). “

MNC consumer firms bullish on India despite inflation, global headwinds

Chief executives of over ten large consumer-facing global giants including Procter & Gamble, Mondelez, Visa, Levi's, Diageo, Amazon, Apple, H&M and Skechers said in recent earnings call that their India business was resilient during the December quarter despite global macro-economic headwinds such as inflation, energy crisis, recession concerns in Europe, with several of them growing at a double-digit pace in India.

India is hugely exciting market and major focus for Apple: Tim Cook

Apple CEO Tim Cook has called India a "hugely exciting market" for the company. Speaking at the company's earnings call on Thursday, Cook stated that India will be a "major focus" for the company, which is looking to choose the country as an alternative production base to China and as a source of growth, Nikkei Asia reported.

Travellers from G20 nations can use UPI for payments in India:RBI

The Reserve Bank on Wednesday allowed inbound travellers  from G20 nations arriving at select airports to use the popular UPI for making payments in the country. Later, the RBI also proposes to extend the Unified Payments Interface facility to travel from all countries.
UPI is a system that powers multiple bank accounts into a single mobile application, merging several banking features seamless fund routing and merchant payments into one hood.

PM Narendra Modi is a Statesman — India’s Disaster Relief to ‘Unfriendly’ Turkey indicates This

Turkey (also Syria) has been hit by one of the worst series of earthquakes in human history and the situation on ground is terrible beyond measure. But an interesting development has come in the way India has extended help to Turkey. India has emerged as one of the first countries to rush in relief material to Turkey, including a specially trained dog squad, medical supplies, drilling machines and other necessary equipment. Its action has surprised many, shocked others and some are even out rightly criticizing it owing to the extreme anti-India behaviour shown by Turkey in the recent past..

Operation Dost shows friendship between India and Turkey

Turkey's envoy has lauded the friendship with India and has called 'Operation dost' a symbolic operation. Turkey's Ambassador to India Firat  Sunel said, "Operation Dost is a symbolic operation. It already proves that we are friends. We have to deepen our relations".Firat Sunel made the remarks at the Hindon Airbase in Ghaziabad from where Indian Air Force's C17 Globemaster aircraft flew off to help earthquake victims in Turkey.

US wants to be India's 'premier partner' in its extraordinary growth story: Pentagon

The US wants to be not only India's security partner of the first resort but also its "premier partner" in its extraordinary growth story, the Pentagon has said. These remarks were made by Pentagon Press Secretary Brig Gen Patrick Ryder on Wednesday while responding to a question on the recently launched India-US initiative on critical emerging technologies, which has a significant defence component in it. .

India, EU set up three working groups under Trade and Tech Council

India and the European Union (EU) on Monday announced the formation of three working groups under the ‘Trade and Technology Council’ that was set up to deepen strategic ties with the trade bloc. To lay the groundwork, the working group will cover key issues such as strategic technologies, digital governance and connectivity; green and clean energy technologies; and trade, investment and resilient value chains, a joint statement said

Trilateral framework: India, France, UAE unveil cooperation plan

India, France and the UAE on Saturday announced an ambitious road map for cooperation in defence, energy and technology under a trilateral framework. The plan was finalised during a phone conversation among External Affairs Minister S Jaishankar, and his France and UAE counterparts, Catherine Colonna and Sheikh Abdullah bin Zayed Al Nahyan, respectively..

Historical Milestone' For Indian Navy As Naval LCA Lands First Time On Aircraft Carrier INS Vikrant

A prototype of the Naval variant of the indigenously developed Light Combat Aircraft (LCA) on Monday undertook its maiden landing on board aircraft carrier INS Vikrant, in a feat described by the Indian Navy as a 'historical milestone' for India's self-reliance in defence manufacturing. Separately, the Russian-origin MiG-29K aircraft also undertook a maiden landing on board INS Vikrant, the country's first indigenous aircraft carrier, officials said

India Received Around $89127 Million, Highest Ever Remittances In 2021-22

India received foreign inward remittances of USD 89,127 million in 2021-22, which was the highest ever received in a single year, Union minister of state for finance Pankaj Chaudhary informed Parliament on Tuesday. Pankaj Chaudhary stated this in a written reply to a question in Rajya Sabha. In 2017-18, the remittances were at USD 69,129 million, and have been rising since, the minister said, quoting RBI data.

International brands return to local apparel makers after four months

Global brands like Guess, Tommy Hilfiger, Zara, Mango, H&M and others have started sending enquiries and placing orders, though in lower quantities compared to last fiscal, with the Indian apparel manufacturers after a gap of four months. Apparel manufacturers from Tiruppur said brands are keen to buy garments in the price range of $5-$7 and are shying away from fashionable items."The apparel exporters are witnessing some movement in the US and Europe unlike the previous months. A clearer picture on order position will emerge in March and April," said Narendra Goenka, MD of Texport Industries and chairman of Apparel Export Promotion Council.

IIT Madras & ISRO developing virtual reality tech to prep Indian astronauts for space emergencies

The Indian Institute of Technology Madras (IIT-M) and the Indian Space Research Organisation (ISRO) are developing virtual reality (VR), augmented reality and mixed reality solutions to help train Indian astronauts for the harsh unknowns of Space..

From Bengaluru to Odisha, how Indian states are revolutionising start-ups

In August 26, 2022, Odisha Chief Minister Naveen Patnaik flagged off the ‘Startup Odisha Yatra 2.0’, which passed through all 30 districts in the state. The mobile start-up incubator covered more than 100 higher educational institutions over a period of 60 days, collecting 1,300-plus start-up pitches from students.

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