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Gadkari, CMs to attend World Hindu Economic Forum 2019 at Mumbai

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[vc_row][vc_column][vc_column_text]Senior union minister Nitin Gadkari and chief ministers Devendra Fadnavis and Yogi Adityanath will be attending the upcoming World Hindu Economic Forum (WHEF) to be held in Mumbai from September 27 to September 29, 2019, to discuss the country’s economic agenda, according to The Hindustan Times. 

The WHEF, 2019 with the theme “Prosperous Society: Stronger Society” will be held at Hotel Grand Hyatt, Santacruz East, Mumbai. 

The conference comes at a time when there are concerns over an economic slowdown, reports of layoffs and a growth rate in the region of 5%, even as the union government has dubbed it a temporary phase.

Industry captains, including Ajay Piramal, chairman, Piramal Group; Vivek Lall, vice president, strategy & BD, Lockheed Martin; Banmali Agarwala, president, Infrastructure and Defense & Aerospace at Tata Son are among others who will brainstorm the discussion on how to change the current scenario in the investment and export sectors, a source told The Hindustan Times. 

Guna Magesan, a former senior scientist in New Zealand, and now a volunteer at the World Hindu Economic Forum, said the conference is being held to create a platform for investors and start-ups and also to help come up with suggestions to steer the economy.

“There are lots of reports in the media about the economic slowdown; but my view is that there are only a few sectors that are facing a downturn, such as the real estate sector. There are many people with money who want to invest, but are being careful because of the reports (of economic slowdown), and outside perception,” Magesan said.

He said the conference is aimed at creating more avenues for creating market access. “Up to the 15th century, Indian was contributing about 35% of the world’s GDP, which has now come down to 2-3%. Our dependence on imports has risen. We have to make efforts to reverse this trend and again become larger contributors to the world’s GDP,” Magesan added.

The WHEF journey kicked off in 2012 at Hong Kong, followed by successful annual forums in Bangkok 2013, New Delhi 2014, London 2015, Los Angeles 2016, Chicago 2018 and several regional forums along the way. 

“The World Hindu Economic Forum (WHEF) was created to bring together financially successful elements within Hindu society, so that each group can share their business knowledge, expertise and resources with their fellow brethren to trigger the creation of surplus wealth and make society prosperous,” WHEF website stated. 

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PM Modi won’t attend Russia’s Victory Day celebrations in Moscow, confirms Kremlin

Instead, Defence Minister Rajnath Singh will represent India at the commemorative events marking the Allied victory over Nazi Germany in 1945.

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Kremlin spokesperson Dmitry Peskov announced on Wednesday, April 30, that Prime Minister Narendra Modi will not attend the 80th anniversary celebrations of Victory Day in Moscow next month.

Instead, Defence Minister Rajnath Singh will represent India at the commemorative events marking the Allied victory over Nazi Germany in 1945.

“India will be represented by Defence Minister Singh, not at the highest level,” Peskov stated, confirming that India had informed Russia of the decision well in advance. A source elaborated, “An invitation was extended to Prime Minister Modi for the Victory Day Parade in Moscow, but we conveyed that Minister Singh would attend on India’s behalf.”

Modi, who visited Russia twice in 2024 for an annual summit with President Vladimir Putin and the BRICS Summit in Kazan, is not expected to travel for the May 9 event. Meanwhile, Putin is slated to visit India later this year for the annual India-Russia summit, maintaining the tradition of high-level bilateral engagements.

The Moscow parade, held annually at Red Square, will see significant international participation, with Chinese President Xi Jinping confirming his attendance. Russia is preparing to host around 20 foreign leaders for the milestone anniversary.

In a statement reported by Russia’s state-run news agency on Tuesday, Putin reflected on the historical significance of the occasion: “On the Volga’s banks, our forces stopped and defeated the enemy, dealing a critical blow to the Nazi war machine. This turning point paved the way to Berlin and the Great Victory, which we will honor solemnly on May 9.”

Russia has also declared a ceasefire in Ukraine from May 8 to 10 to observe Victory Day, a gesture underscoring the event’s importance. The Victory Day celebrations, a major national event, commemorate the Soviet Union’s pivotal role in defeating Nazi Germany, culminating in the surrender on May 9, 1945.

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Mark Carney’s win sparks hope for India-Canada relations reset

Mark Carney’s rise as Canada’s Prime Minister brings a renewed focus on repairing ties with India, as both countries seek cooperation in trade, education, and diplomacy.

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Mark Carney’s ascension to the role of Canada’s Prime Minister has brought renewed optimism for a diplomatic thaw between New Delhi and Ottawa, a relationship that faced serious setbacks under former Prime Minister Justin Trudeau. Carney, a former central banker and political novice, made it clear during his campaign that rebuilding bilateral ties with India would be among his foreign policy priorities.

Carney signals intent to revive ties

In his pre-election statements, Carney emphasised Canada’s need to diversify trade partnerships with nations that share democratic values—explicitly naming India. He said, “There are opportunities to rebuild the relationship with India. If I am Prime Minister, I look forward to the opportunity to build that.”

This approach marks a significant departure from the Trudeau administration’s strained relations with India, especially following the high-profile controversy in 2023 involving the killing of Khalistani separatist Hardeep Singh Nijjar. The diplomatic crisis escalated with the expulsion of six Indian diplomats and reciprocal steps from India, effectively freezing high-level exchanges and trade talks.

The road to reconciliation

Under Trudeau, India frequently accused Canada of harbouring extremist elements within its Sikh diaspora. The Indian government viewed this as a threat to its sovereignty, particularly amid rising incidents of pro-Khalistan demonstrations abroad.

Mark Carney, however, has taken a more pragmatic view, underlining the importance of restoring diplomatic balance and mutual respect. His vision of Canadian sovereignty also extends to redefining international alliances, with a push toward reducing dependency on its largest neighbour—the United States—and strengthening partnerships like the one with India.

Economic and educational prospects

The Comprehensive Economic Partnership Agreement (CEPA) between the two nations, stalled due to the diplomatic fallout, may see a revival under Carney’s leadership. In 2023, services trade between India and Canada was valued at CAD 13.49 billion. Both countries had been exploring collaboration in emerging sectors like AI, green energy, and education.

India continues to be one of the largest contributors to Canada’s immigrant population, with nearly 2.8 million people of Indian origin living in the country. Carney is likely to continue the liberal immigration policies, particularly benefiting Indian students and professionals. Over 427,000 Indian students currently study in Canada, playing a crucial role in its economy and labour force.

A cautious but hopeful turn

Carney’s victory offers both countries a diplomatic opportunity to reset a troubled chapter. With mutual interests in economic growth, technological advancement, and geopolitical balance, the groundwork is being laid for a more collaborative future.

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Several killed after car drives into street festival in Canada’s Vancouver

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A horrific incident unfolded at the Lapu Lapu ’25 Block Party in Vancouver, Canada, on Saturday, April 26, when a black SUV plowed into a crowd, leaving multiple people dead and several others injured, according to the Vancouver Police Department (VPD). The attack occurred just after 8 p.m. local time at the intersection of East 41st Avenue and Fraser Street, where hundreds had gathered to celebrate Filipino culture and honor Datu Lapu-Lapu, the Philippines’ first national hero, who famously defeated Spanish explorer Ferdinand Magellan in the 1521 Battle of Mactan.

The VPD confirmed the driver, a 30-year-old Vancouver man, was taken into custody at the scene, though the exact number of casualties remains undisclosed as emergency services continue to respond. “A number of people have been killed and multiple others are injured,” the VPD stated on X, adding, “We will provide more information as the investigation unfolds.” Social media footage captured the chaotic aftermath, showing a black SUV with a crumpled hood and deployed airbags, surrounded by motionless victims and frantic bystanders. Some videos depicted first responders and civilians tending to the injured, while others showed bloodied individuals lying on the street, underscoring the scale of the tragedy.

Vancouver Mayor Ken Sim expressed profound grief, calling the incident “horrific.” “We are shocked and saddened by what happened at the Lapu Lapu Day event. Police have confirmed multiple fatalities and injuries, and our thoughts are with Vancouver’s Filipino community during this devastating time,” Sim said in a statement. New Democratic Party MP Don Davies, describing the event as a “horrendous attack,” took to X to offer prayers for the victims and their families, reflecting the community’s anguish.

The Lapu Lapu Day Block Party, in its second year, is a vibrant celebration of Filipino heritage, recognized by British Columbia since 2023 as a day to honor Lapu-Lapu’s legacy of resistance against colonial oppression. The festival, featuring food trucks, performers, and cultural displays, drew a large crowd to Vancouver’s Sunset neighborhood, making the sudden violence all the more shocking.

As the investigation continues, authorities have not disclosed a motive or confirmed whether the act was intentional. The VPD’s major crime unit is leading the probe, and police are urging witnesses to come forward with information. The incident has cast a pall over Vancouver, prompting an outpouring of condolences from leaders like Canadian Prime Minister Mark Carney and British Columbia Premier David Eby, who vowed support for the affected community. For now, the Filipino community and the city at large mourn, grappling with the senseless loss at what was meant to be a joyous celebration.

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