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INDIA IN VANCOUVER-WEEKLY
NEWSLETTER
Issue No-41 - 12/01/2024
Consulate Weekly Newsletter
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भारत के महावाणिज्य दूतावास, वैंकूवर ने 10 जनवरी २०२४ को फ्रेजरव्यू हॉल में विश्व हिंदी दिवस मनाया। भारतीय कला और साहित्य परिषद, हिंदी साहित्य परिषद, ग्लोबल हिंदू फाउंडेशन, वरद आश्रम इंटर-कल्चरल सर्विस ह्यूमैनिटेरियन वर्ल्ड एसोसिएशन, सृजनी, मनस्विनी, इंडियन कल्चरल एसोसिएशन नामक स्थानीय भारतीय सामुदायिक संगठनों और दो हिंदी शिक्षण स्कूलों, वैदिक हिंदी स्कूल और गणेश हिंदी स्कूल ने इस कार्यक्रम में उत्साहपूर्वक भाग लिया। मुद्रा स्कूल ऑफ डांस ने मनमोहक शास्त्रीय नृत्य की प्रस्तुति दी। महावाणिज्य दूत श्री मनीष ने अपने उद्घाटन भाषण में दर्शकों का स्वागत किया और हिंदी के संरक्षण और प्रचार-प्रसार के साथ-साथ विश्व हिंदी दिवस समारोह में भाग लेने के लिए भारतीय संघों को धन्यवाद दिया। उन्होंने हिंदी की सुंदरता और महत्व, भारतीय व्यक्तित्व को आकार देने में इसकी भूमिका और विश्व मंच पर इसकी बढ़ती लोकप्रियता और स्थान पर भी प्रकाश डाला। महावाणिज्य दूत ने इस अवसर पर दो हिंदी पुस्तकों का विमोचन किया – पहली पुस्तक आचार्य एस.पी. द्विवेदी द्वारा लिखित जबकि दूसरी सुश्री शिखा पोरवाल द्वारा लिखित है. यह दोनों लोग स्थानीय भारतीय समुदाय में चित परिचित चेहरे हैं और भाषा के संरक्षण और प्रचार-प्रसार में बहुत सक्रिय हैं। इस कार्यक्रम में बच्चों और वयस्कों द्वारा हिंदी कविता की शानदार प्रस्तुतियां, भारत और इसकी संस्कृति को समर्पित स्वरचित गीत, पुरानी पीढ़ी के बीच पुरानी यादों को जगाने वाली स्वरचित रचनायें, 'विज्ञान और अध्यात्म के समन्वय' पर चर्चा, बच्चों द्वारा देशभक्ति नाटक, शाश्त्रीय और लोक नृत्य और संगीत, आदि शामिल थे।
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Consul General Manish met Ms. Bobbi Plecas, Deputy Minister of Post-Secondary Education and Future Skills of British Columbia in Vancouver and held wide ranging discussions on issues of mutual interest. Discussions focused around students issues in BC, cooperation between India & BC in post secondary education sector, opportunities for setting up foreign universities in India, including in GIFT City.
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INCREDIBLE INDIA-LAKSHADWEEP
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Lakshadweep
Lakshadweep is one of the worlds most spectacular tropical island systems. Thirty- two sq. km of land spread over 36 islands surrounded by 4200 sq. km of lagoon rich in marine wealth. The precious heritage of ecology and culture is supported by an extremely fragile ecosystem. Committed to the cause of Eco tourism Union Territory of Lakshadweep has consciously followed a middle path between tourism promotion and environmental conservation. The Administration is carefully monitoring the environmental impact of coastal tourism and has taken steps to promote tourism in a way that is consistent with ecological concerns. As an effective strategy to avoid pressure on ecological environment, the efforts to promote tourism have been synchronized with the carrying capacity of the islands. Though all the islands are endowed with the beauty of coral reef, sandy beaches, unpolluted and clear water and hospitable settings, most of these differ in terms of facilities and services offered. Some islands have been promoted for diving and water sports; still others have been developed so that people enjoy the charm of relaxation and natural enjoyment. Since the land is precious and scarce it is avowed policy of the Administration to relieve pressure on land and promote water based tourism. The motto being admires and not exploits that natural beauty.
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KNOW YOUR MILLETS- FOXTAIL MILLET
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Foxtail Millet
Foxtail Millet (Setaria italica L.) an annual grass plant, produces seeds that possess health-promoting properties owing to its unique protein composition containing a high content of essential amino acids. lt is one of the earliest cultivated crops, extensively grown in the arid and semi-arid regions of Asia and Africa, as well as in some other economically developed countries of the world where it is more commonly used as bird feed. Anti-nutrients like phytic acid and tannin present in this millet can be reduced to undetectable amounts by using the proper processing methods. Additionally, the millet is said to have antioxidant, low-glycemic index.and hypolipidemic properties.
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Charting the global economy: India's strong economic growth set to continue
US hiring picked up along with hourly earnings at the end of 2023, though some metrics in the closely watched jobs report and a separate services survey tempered optimism about the labor market. In the euro zone, inflation quickened last month on an annual basis for the first time since April. Manufacturers in most of Asia saw a slowdown in orders and production amid tepid customer appetite for goods.
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India to remain the fastest-growing economy among large economies this fiscal year
India’s stellar economic performance for the financial year 2023-24 as projected by the advance estimates (FAE) of the National Statistical Office (NSO) with the economic sectors firing on all cylinders amidst the despair of conflicts and slowdown is a classic match to Charles Dickens’ legendary, “It was the best of times, it was the worst of times, it was the epoch of belief, it was the epoch of incredulity.”
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‘Chalo Lakshadweep’: How the island is bracing for a tourism boom
India’s smallest Union Territory is the talk of the talk. It has quickly climbed to the top of must-see places, at least among Indian tourists. Lakshadweep caught people’s attention after Prime Minister Narendra Modi visited the island and posted stunning pictures last week. Then came the derogatory comments by Maldivian ministers, which sparked a diplomatic row, triggering angry Indians to “boycott” the island nation. hkjkgjhkjhjjgkjgkjk hkjkgjhkjhjjgkjgkjk hkjkgjhkjhjjgkjgkjk hkjkgjhkjhjjgkjgkjk
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Global search interest in Lakshadweep peaks to a 20-year high after PM Modi's Visit
In an unprecedented surge of online interest, the pristine a ;archipelago of Lakshadweep has become hot topic on the internet, with worldwide search interest hitting a two-decade high. The catalyst for this surge? Time spent by Prime Minister Narendra Modi in the picturesque union territory. On January 4, PM Modi treated the world to a glimpse of his adventurous side, sharing captive pictures from his Lakshadweep escapade.
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The stars are aligned! Why FIIs will have to allocate more money to India
Nothing succeeds like success. Money begets money. These two sayings sum up the Indian story. It has been a dream run! India has been the best-performing large market in the world for the past 25 years, even in US Dollar terms. The only index with returns close to India is the Nasdaq, a higher-risk index with tech and innovation-led companies.
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Panasonic eyes double-digit growth in India this fiscal, plans to make country export hub
Panasonic expects a "double-digit" growth in the Indian market this fiscal while the company prepares to tap the long-term potential of the country by bringing high-tech products, besides making it an export hub. India is among three important regions for firm headquartered in Osaka, Japan, and it is in the process of building and bringing many more products and high-tech solutions which did not exist in the past in this country, said Chairman of Panasonic Life Solutions India and South Asia Manish Sharma.
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India’s First Solar Observatory Reaches Destination
India has achieved another milestone in space exploration by successfully placing a spacecraft in an orbit from which it will study the sun for five years. India joined a select group of nations already studying the sun four months after it became the first country to land an unmanned spacecraft on the moon's southern polar region, cementing its reputation as a nation that is emerging on the frontlines of space exploration.
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Space research: Glory and beyond
As you read this column, India’s first space-based solar observatory Aditya-L1 is just hours from reaching the Sun-Earth Lagrange point 1. If successful, this mission will not only add to the global understanding of our nearest star and space weather but also showcase the country’s scientific and technological prowess, as it involves complex manoeuvres and instruments to observe the solar atmosphere from a unique vantage point.
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India world's Trusted friend, says PM, 'guarantees' tp put it among top 3 economies
India's remarkable resilience in the face of prevailing uncertainties is providing hope to a world that now looks at it as a trusted friend, a pillar of stability and a global growth engine, PM Narendra Modi said at the inauguration of the 10th edition of the Vibrant Gujarat Summit.
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India to grow into a $7 trillion economy by 2030, says PHDCCI report
India is expected to grow into a $7 trillion economy by the year 2030, establishing itself as the second-largest economy in the Asia-Pacific region and the third-largest globally, industry body PHD Chamber of Commerce and Industry (PHDCCI) said in a latest report on Wednesday.
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Ram Mandir consecration to be telecast at iconic Times Square in New York
Times Square in the United States' New York City will live stream the mega consecration of Ram Temple scheduled to be held in Ayodhya on January 22, sources told India Today. Apart from its broadcast in all states of the country, the much-awaited 'Pran-Pratishtha' (consecration) of Ram Lalla will also be telecast at various Indian embassies overseas.
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Markets in India's decade
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There is a clear sense among most analysts that India’s time has come. A confluence of the lagged impact of past reforms, geopolitics, shifting supply chains, and the sheer size and momentum of the Indian economy has created a buzz around India. Most expect the country to grow between 6 and 7 per cent for the coming years, with nominal gross domestic product (GDP) growth between 11 and 12 per cent.
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Morgan Stanley forecasts Sensex to soar to 86,000 by Dec 2024 in bullish outlook
Morgan Stanley, a global investment bank and wealth management firm, sees benchmark Sensex hitting a level of 74,000 by end December this year on a base case scenario. On a bull case, BSE Sensex could touch 86,000 by end December this year, Morgan Stanley India Equity Strategists Ridham Desai and Nayant Parekh said in a new Research Note titled “Is the Market Overbought?”.
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India beats Taiwan in MSCI EM index weightage to be second after China
India's weightage surpassed Taiwan in MSCI EM index, now ranking second after China. This solidifies India as a promising investment choice among emerging markets. India's MSCI Emerging Markets index spiked in eight years, leaping from 7 percent to 17.1 percent. With the ongoing domestic institutional investments and potential steady FII participation, India could surpass a 20 percent weight in the MSCI EM Index by early 2024, according to recent Nuvama report.
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India is politically stable, our investment growing faster here: NTT CEO
India is a highly skilled and politically stable market that is giving high return on investments for data centre business, a senior official of NTT Global Data Centers and Submarine Cable company said on Thursday.
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World needs India; Indian biz leading in investments in social causes: UN
The world needs India as the businesses in the country have been leading in terms of investing in social causes, a senior UN official said on Thursday and stressed that business is the key driver that will deliver the sustainable development goals.
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From Chennai to Davos, it's a flying start for India Inc in New Year
It’s jet-set-go time for the who’s who of India Inc! Two back-to-back investor summits followed by the world’s most powerful economic forum, the C-suite executives have their calendar packed in the new year.
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Global business leaders hail PM Modi's vision amid rollout of investment plans
Gandhinagar, Global business leaders hailed Prime Minister Narendra Modi's vision of a developed India as they unveiled their investment plans for the country at the 10th edition of Vibrant Gujarat Global Summit 2024 which was inaugurated by PM on Wednesday.
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India-UAE start Rupee-Dirham direct trade: Piyush Goyal
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India and the UAE have begun Rupee-Dirham direct trade in local currencies, and the two sides plan to expand bilateral trade to $100 billion under their free trade pact, commerce and industry minister Piyush Goyal said Wednesday.
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"The best and the most competitive country in producing cars is Bharat", says Ryad Mezzour
The inauguration day of the Vibrant Gujarat Global Summit witnessed a momentous announcement by Ryad Mezzour, Minister of Industry & Commerce of Morocco, as he highlighted Bharat's prowess as the best and most competitive country in car production.
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India and Czech Republic Forge Strategic Partnership: Pioneering Innovation, Defence, and Economic Collaboration
Prime Minister Narendra Modi and Czech Prime Minister Petr Fiala have agreed to strengthen mutual ties and tap into untapped potential for innovation cooperation. During their meeting on the sidelines of the Vibrant Gujarat Summit in Gandhinagar, the leaders decided to elevate India-Czechia relations in innovative sectors to a Strategic Partnership on Innovation.
The decision comes as a testament to their commitment to fostering joint partnerships and projects. Both leaders expressed their determination to intensify bilateral high-level, professional, and business exchanges. Their collaboration is set to extend across various areas, including new and emerging technologies, automobiles, climate change, and defence.
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Australia-India people-to-people ties in their strongest period: MP Andrew Charlton
Australian Member of Parliament (MP) Andrew Charlton has said that Australia-India people-to-people relations are in their strongest period now. Charlton who serves in the Australian Parliament as chair of t he Parliamentary Friends if India, said, "My simple message is that we have the strongest period of Australia-India people-to-people relations now than we have ever had in the entire history of Australia-India relations.
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India to remain growth market for iPhones, say analysts
India is expected to remain a bright spot for Apple iPhones, at a time when the US technology major is seeing tepid demand for its products globally that triggered a downgrade of the company by two US brokerages recently.
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Welspun World plans to invest Rs 40,000 crore in Gujarat
Diversified group Welspun World on Wednesday pledged Rs 40,000 crore investment to set up green hydrogen and green ammonia ecosystem in Gujarat. The group, through its entity Welspun New Energy Ltd (WNEL), will explore the opportunities for development of green hydrogen projects and its derivatives in the state, according to a statement.
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"Never has the opportunity been greater" Micron CEO Sanjay Mehrotra praises India's semiconductor power
On the second day of the Vibrant Gujarat Global Summit, Sanjay Mehrotra, CEO of Micron Technology, underscored the pivotal role of semiconductors in India's growth and the global economy. Speaking at the event, Mehrotra highlighted the significance of Vibrant Gujarat as a forward-looking forum to discuss visionary ideas crucial for India's semiconductor prowess and overall development. "Vibrant Gujarat is an important forward-looking forum to discuss the visionary ideas critical for India, its growth, its semiconductor power. Never has the opportunity been greater, and I think we can feel it in the Vibrant Gujarat event," remarked Sanjay Mehrotra, acknowledging the significance of the summit as a platform for discussions that shape the future.
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