Right time for foreign investors to tap the huge potential; World community must chalk out strategy to extradite economic fugitives
The Vice President of India Shri M Venkaiah Naidu said that a steady growth rate of almost 7% coupled with a series of reforms made India, the most favourite destination for investments in the world. Shri Naidu said that it was the right time for foreign investors to tap the huge potential offered by India in various sectors from real estate to healthcare.
Shri Naidu said that government’s initiatives and reforms helped India achieve 11th rank in the Global FDI confidence index 2018. Referring to a report by UBS, he said that the annual FDI inflows would rise to $ 75 billion over the next five year and added India with its growth momentum would soon become $5 trillion economy.
Describing India as a bright spot in the world economy, he said India would continue to be the fastest growing major economy in the world, quoting the World Bank’s latest forecast. It said the GDP is expected to grow at 7.3 per cent this fiscal year and at 7.5 per cent in the following two years.
Shri Naidu said that the robustness of India’s institutions, resilience of its policy frameworks, the reforms initiated by the government and the responsiveness of Industry bodies such as CII have insulated its economy from stagnation and helped in achieving the dual distinction of being a stable democracy and one of the fastest growing economies in the world. Continue reading “India, a bright spot in global economy”
The Prime Minister, Justin Trudeau, has announced an investment of up to nearly $230 million for the AI-Powered Supply Chains Supercluster (SCALE.AI) based in Quebec. The investment is expected to create more than 16,000 jobs and add more than $16 billion to our economy over 10 years. The funding will be matched dollar-for-dollar by private sector partners. The government of Québec also announced an investment of $60 million to support the initiative.
SCALE.AI brings the retail, manufacturing, transportation, infrastructure, and information and communications technology sectors together to build intelligent supply chains through artificial intelligence and robotics. This supercluster is helping Canadian small and medium-sized businesses take advantage of new opportunities, and positioning Canada as a global export leader.
The Prime Minister made the announcement while delivering remarks at the G7 Multistakeholder Conference on Artificial Intelligence in Montréal, Quebec. The conference brought together over 150 technology leaders, academic experts, members of civil society, and government officials from G7 countries, including Minister of Innovation, Science and Economic Development Navdeep Bains, France’s Secretary of State for Digital Affairs Mounir Mahjoubi, and Quebec’s Minister of Economy and Innovation Pierre Fitzgibbon. Continue reading “Prime Minister announces investment in artificial intelligence to create over 16,000 jobs for Canadians”
FIFA and the Local Organising Committee (LOC) have announced the signing of EDF – a global leader in low-carbon energies – as a National Supporter of the FIFA Women’s World Cup 2019, taking place in nine Host Cities all over France next summer, from 7 June to 7 July.
Already involved in the promotion of women’s football, EDF is strengthening its commitment by supporting the biggest single-sport women’s event in the world. The group becomes the fifth National Supporter for the 2019 edition of the FIFA Women’s World Cup™, a festival of football and showcase for the rapid global evolution of women’s sports.
Noël Le Graët, President of the LOC and the French Football Association (FFF), said: “A partner of the French Football Association for many years, EDF has joined us today to support the organisation of the FIFA Women’s World Cup France 2019. With the draw just days away, this is an excellent piece of news, and we would like to welcome EDF on board as our fifth National Supporter. The world-renowned French group is reinforcing its firm commitment to women’s football through its participation in this major tournament.”
Philippe Le Floc’h, FIFA’s Chief Commercial Officer, commented: “We are excited to announce another significant signing for the FIFA Women’s World Cup. Our strong line-up of National Supporters clearly confirms the growing interest for women’s football. Continue reading “EDF announced as National Supporter of FIFA Women’s World Cup France 2019”
Launch of FIFA’s first-ever global strategy for women’s football
FIFA has launched its first-ever global strategy for women’s football which charts the course for how FIFA will work with confederations and Member Associations (MAs), clubs and players, the media, fans and other stakeholders to realise the full potential that exists within the women’s game.
FIFA strongly believes that women’s football brings one very important benefit to the many young girls and women involved in the game – empowerment. Encouraging empowerment through football, growing the game, getting more girls involved in it earlier and keeping women in football longer are all key elements of FIFA’s Women’s Football Strategy.
Speaking about the launch of FIFA’s global strategy for women’s football, Secretary General Fatma Samoura said: “As FIFA’s first female Secretary General I am proud to launch our first-ever global strategy for women’s football. The women’s game is a top priority for FIFA and via our new strategy we will work hand-in-hand with our 211 member associations around the world to increase grassroots participation, enhance the commercial value of the women’s game and strengthen the structures surrounding women’s football to ensure that everything we do is sustainable and has strong results. Most importantly it will make football more accessible to girls and women and encourage female empowerment, a subject of great importance, now more than ever before.” Continue reading “#DareToShine”
BBC Test Match Special has secured rights to broadcast ball-by-ball coverage of the ICC Cricket World Cup 2019, to be held in England & Wales next year. Test Match Special will be broadcast to fans on multiple platforms across the United Kingdom, including on BBC Radio 5 live Sports Extra, Radio 4 Long Wave and the BBC Sport website. The broadcast of the ICC Cricket World Cup 2019 is part of a long-term deal with Channel 2 Group Corporation, ICC’s Global Audio Rights Partner, who hold exclusive rights to sub-license audio rights to ICC events until 2023. The deal will ensure that TMS covers all the ICC’s major events through to the 2023 Cricket World Cup in India – including the Women’s World Cup in New Zealand in 2021 and the men’s and women’s ICC World Twenty20 events.
ICC Chief Executive David Richardson said: “Next year is going to be as big as it gets as fans look forward to the ICC Cricket World Cup with anticipation. That the ball-by-ball coverage of the tournament will be broadcast on BBC Test Match Special is great news, it is part of the fabric of our game and has tremendous reach on multiple platforms across the United Kingdom.”
Ajay Sethi, Chairman – Channel 2 Group Corporation, said: “BBC TMS has an incredible fan base, who have been enjoying cricket coverage for over 60 years, and so we are thrilled to have partnered with TMS until 2023. We now look forward to securing additional radio broadcasters to ensure all cricket fans worldwide are given the chance to listen to coverage of the ICC Cricket World Cup 2019.” Continue reading “BBC CONFIRMED AS OFFICIAL RADIO BROADCASTER FOR THE ICC CRICKET WORLD CUP 2019”
By N. Balani
The Greater Toronto Area fashion world was rocked by this one of a kind event held over the weekend at the Red Rose Convention centre In Mississauga.
Fashion brain and former Femina Miss India, Liza Varma teamed up with locals Sharad Lall Mathur and Rajiv Malhotra, to bring together the best in fashion design, models and global expertise. Top gun fashionistas Anju Modi, Shyamal and Bhumika , Satya Paul, Pallavi Jaikishan, Vikas Makhija, Jainee, Prarena Grover and Mohey-Manyavar creations from India along with Mississauga-based designer Diinesh Ramsay, Arpan Vohra from the London fashion scene, Rozzy Surii- a familiar face in the Canadian Fashion weeks of Vancouver and Calgary- plus many more graced the spectacular event.
The three day fashion extravaganza opened with a beautiful gala evening filled with dance, music, food and entertainment keeping true to its name Jashn – meaning a celebration. Apart from the elegant runway shows, this splendid affair had exhibits by luxury wedding planners like Vogue Wedding Company and luxury jewellery brands Art Karat and Red Dot amongst many others showcasing their designs and services throughout the weekend.
This event, one of the first of its kind aims to bring in the world of South Asian designers not just for a fashion show but to further Indo-Canadian ties and meld fashion industry with global business opportunities.
As Designer Shyamal put it “the bridal collections we showcase brings India to the world in the form of craft or couture with sensibility to the Western world- it is a kind of fusion”. Continue reading “JASHN- A LAVISH AFFAIRÉ raises the bar for South Asian Fashion Experience in Toronto!”