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INDIA IN VANCOUVER-WEEKLY
NEWSLETTER
Issue No-42 - 19/01/2024
Consulate Weekly Newsletter
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Consul General Manish attended the Makar Sankranti Event organized by Bharatiya Entertainment, Arts, Culture, Outreach Network (BEACON) in Surrey. Consul General conveyed greetings to the Indian diaspora on the occasions Lohri, Makar Sankranti, Magha Bihu, and Pongal, harvest festivals of India, and highlighted the achievements of Indo-Canadian diaspora in the socio-economic development of both the countries. The event witnessed the participation of over 200 people of Indian diaspora and included performances by First Nations and diaspora cultural groups.
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अल्बर्टा हिंदी परिषद ने भारतीय कांसुलेट, वैंकूवर के सहयोग से 13 जनवरी 2024 को एडमंटन में विश्व हिंदी दिवस का आयोजन किया। कार्यक्रम में हिंदी कविताएं, हिंदी गीत, पहेलियां, भाषण सहित विभिन्न प्रस्तुतियां शामिल की गयी। कार्यक्रम में हर उम्र के लोगों ने हिस्सा लिया।
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INCREDIBLE INDIA-NAGALAND
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Nagaland
Tourism in Nagaland is on growing stage with its glorious past and rich heritage and culture. For the adventurous and the intrepid, Nagaland is an ideal place for trekking, rock climbing , jungle camping and offers limitless exploration possibilities in its lush and verdant sub-tropical rain forests which are also a treasure trove of a plethora of medicinal plants. Above and beyond tourists can also experience a truly ethnic Naga Culture with the best local brews served in large bamboo mugs and exotic local cuisines which is much celebrated here. Nagaland has many advantages in this sector over its north-eastern neighbours. For a start, Nagaland has had a tradition of hosting tourists for decades. With the partial lifting of ILP in recent years during Hornbill Festival, Domestic tourists and visitors no longer need travel permits (as they do in some other states), and the security situation has improved substantially. The location of the region and its richness in biodiversity has become a place of attraction for tourism industry. Encompassing hills, mountains, plains and plateau, the region has many cultural groups and communities with varied cultural background and biodiversity hotspot where it lies which can easily attract tourists from the world over. Life in rural areas is extremely engaging, more colourful and unusual compared to what travellers are used to seeing. The scenery is equally engrossing. Festival: Nagaland is a cultural mosaic of diverse multi-ethnicity sprung up by the several tribes that inhibit the State. Each community celebrates its myriad festivals revolving around the agrarian calendar that makes Nagaland by default, a land of festivals. Nagaland Hornbill Festival: Festival of Festivals encompasses through collective celebration the colour and vibrant elements of all the tribal festivities and gives a glimpse of Naga life to titillate cultural sensibilities. The annual Hornbill Festival is held for 10 days, 1st -10th December. It draws all the tribes and sub-tribes of Nagaland to the foothills below the lofty spurs of towering Mt. Japfu wherein lies the Naga Heritage Village, Kisama-the venue of the Festival.
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KNOW YOUR MILLETS- KODO MILLET
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Kodo Millet
In India, Kodo Millet (Paspalum scrobiculatum) grown mostly in the Deccan region and the cultivation extends to the foothills of Himalayas. Kodo millet is rich in dietary fiber and minerals like iron, antioxidant. The phosphorus content in kodo millet is lower than any other millet and its antioxidant potential is much Higher than any other millet and major cereals Higher amount of antioxidants helps against oxidative stress and maintain glucose concentrations in type-2 diabetes. Kodo millet is useful in curing asthma, migraine, blood pressure, heart attack and atherosclerosis, diabetic heart disease and for postmenopausal in females.
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The Modern Indian Growth Story: Third largest economy by PPP, and the expanding power of the consumer
The Indian growth story, especially since 2014, has been dynamic, attracting major attention from businesses and global pundits of finance and economy.
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Majority of businesses in India anticipate unprecedented rate of change in 2024: Report
Business leaders across the world face an all-time-high rate of change in 2023 and now expect it to accelerate further in 2024, accoridng to Accenture's 'Pulse of Cahnge: 2024 Index', released on Monday ahead of the World Economic Forum Annual Meeting in Davos.
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India has become favoured destination for global investors: NK Singh
Once India was seen as an unknown entity, but today, it is recognised for its economic and political stability and the country no longer needs to sell itself as it is sought after by global investors, NK Singh, Chairman, 15th Finance Commission, and President, Institute of Economic Growth told India Today TV.hkjkgjhkjhjjgkjgkjk hkjkgjhkjhjjgkjgkjk hkjkgjhkjhjjgkjgkjk hkjkgjhkjhjjgkjgkjk
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India remains a bright spot amid geopolitical tensions, says Nadir Godrej
Ahead of the World Economic Forum (WEF) in Davos, NADIR GODREJ, the chairman of Godrej Industries, talks about India remaining in a better position despite the ongoing geopolitical tensions. In an exclusive interview with Sharleen D’Souza, he also speaks about the risks that the world might face if the Israel-Hamas conflict escalates.
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India’s growing soft power
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India, which is globally recognised for its significant soft power contribution, draws heavily from its ancient civilization and rich culture. New Delhi’s interaction with the rest of the world is based on the age-old Indian belief of Vasudhaiva Kutumbakam. “The World Is One Family”. This thought promotes the vision that all individuals have a collective responsibility towards each other in creating a pleasant present and a prosperous future.
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A Glimpse of Developed India': PM Modi On Atal Setu's Inauguration In Mumbai
Prime Minister Narendra Modi on Saturday shared a video of Mumbai Trans Harbour Link (MTHL), the Atal Bihari Vajpayee Sewri-Nhava Sheva Atal Setu calling it a "glimpse" of how developed India would look like in the future. Atal Setu is India's largest sea bridge and has been built at a cost of Rs. 17,840 crore.It was inaugurated by PM Modi on Friday. The bridge connects Sewri in Mumbai to the Nhava Sheva area in Raigad district.
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India likely to emerge as world’s largest producer of lentils in 2023-24
India is expected to become the world's largest producer of lentils in the 2023-24 crop year, with an estimated surge in production of around 16 lakh home. This increase is due to higher acreage. The lentil production in Canada and Australia is estimated to be around 14 lakh tonne and 15 lakh tonne respectively.
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India’s Green Bond Revolution: Driving Sustainable Finance for A Greener Tomorrow
India Infrastructure Finance Company Ltd (IIFCL) is planning to raise Rs 2,000 crore through its maiden green bonds in the next six months to fund sustainable projects. It could be a mix of both domestic and foreign issuances, depending on the cost of funds.
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5 charts from Goldman Sachs that capture rapid rise of 'Affluent India'
Using data gathered from various sources, from tax filings and bank accounts to credit card issuances and mobile phone subscriptions, analysts at Goldman Sachs have found the rapid increase of a demographic in India.
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Indian economy withstood geopolitical shocks; ready for future challenges
The Indian economy has withstood all geopolitical shocks in the last couple of years and it will also be able to navigate the uncertainties that lie ahead, RBI Monetary Policy Committee (MPC) member Jayanth R Varma said on Sunday.
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India's emergence as economic prowess attract foreign investments in equity market
The stock market has always been a key indicator of a country's success over time. Market development is directly proportional to economic development. Currently, there are more than 60 stock exchanges in the world. But not every stock exchange is successful. Some are still in the developing phase, whereas others, like NASDAQ, the New York Stock Exchange, and the London Stock Exchange, are already in their developed arenas.
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'Crossed $200 bn in trade': USISPF President points to strong India-US ties
Highlighting the robust nature of the India-US relationship, Mukesh Aghi, President and CEO of the US-India Strategic Partnership Forum (USISPF), underscored that trade between the two nations has exceeded USD 200 billion. Aghi emphasized collaborative efforts in areas such as engines, quantum computing, artificial intelligence (AI), cybersecurity, and space partnerships.
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Davos 2024: India Engine Of Growth In Geopolitically Choppy World, Says JPMorgan EMEA CEO
India is the engine of growth that the world lacks and the country has managed to navigate geopolitical crises over the years favourably, according to Vis Raghavan of JPMorgan. India is a beneficiary of global supply chain reform, Raghavan, chief executive officer for JP Morgan in Europe, the Middle East and Africa, told NDTV Profit's Niraj Shah on the sidelines of the World Economic Forum 2024 in Davos.
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Davos 2024: India’s digitisation, financial inclusion efforts benefiting SMEs, says Ling Hai of Mastercard
Ling Hai, President, International Markets at Mastercard, is optimistic about India’s growth story on the back of its growing small and medium-sized enterprise (SME) sector as government doubles down efforts on digitisation and financial inclusion.
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Davos 2024: India Preferred Place For Supply Chain Retailers, Says Welspun Living's Dipali Goenka
India has become a favoured place for sourcing and supply chain retailers since the country is strategically well-placed, according to Dipali Goenka of Welspun Living Ltd.
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Davos 2024: India Can Command Higher Capital Flows, Says Investcorp's Rishi Kapoor
As economies globally are seeing a pause in growth, India stands out with its consistent pace, according to Rishi Kapoor of Investcorp.
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India's digital public infrastructure great model for world to learn from: Gates Foundation president
Lauding the Indian growth story, a top leader of the Bill and Melinda Gates Foundation on January 16 said other countries can use India's successful digital public infrastructure model to help achieve their healthcare and other development goals.
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India needs consistent reforms to remain fastest-growing economy: IMF's Gita Gopinath
International Monetary Fund (IMF) Deputy Managing Director Gita Gopinath said while India's growth was good, it needed consistent reforms to maintain its position as the world's fastest-growing economy. India's growth is a good one. It is one of the fastest growing economies in the world.
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Davos 2024: India Is An Amazing Place To Invest, Says Dassault's Florence Verzelen
Dassault Systèmes sees a good opportunity to do business in India, given its skilled workforce and in terms of supply chain diversification, according to Florence Verzelen, executive vice president-industry, marketing and sustainability.
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India is only country where we have so much growth: EIL Chairman at Davos
Engineers India Limited (EIL) Chairman and Managing Director Vartika Shukla said that India is the only country where there is so much growth. She stated that India has so many skills which are emerging as export potential in many nations..
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India is emerging global leader in GCC, says RBI monthly bulletin
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The RBI’s State of the Economy report observed that India was rapidly emerging as a global leader in hosting global capability centres (GCCs). GCCs are offshore units of multinational corporations that operate across the globe.
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Davos 2024: PM Modi’s successful foreign policy will make India major semiconductor destination in 5 years, says Ashwini Vaishnaw
India is poised to emerge as a major semiconductor chip manufacturer within the next five years, as most nations consider it as a more reliable partner, Information Technology and Communications minister Ashwini Vaishnaw said in the World Economic Forum, Davos on January 18.
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