CIF taking next steps into healthcare at New Delhi event

By A Staff Reporter An ambitious Canada India Healthcare Summit is scheduled to take place in New Delhi, India, on March 30-31, under the auspices of Canada India Foundation (CIF). CIF recently briefed the media about the upcoming event at a function organized at the Ontario Investment Trade Centre. Officials said the cummit would be a first on multiple fronts. It would be the first time that a premier...

Arun Srivastava elected new ICCC chief

By A Staff Reporter Arun Srivastava was elected the 28th president of the Indo-Canada Chamber of Commerce (ICCC) at the chamber’s annual general meeting recently. Speaking about his priorities, the new president emphasized that while the new board he heads will ensure continuity, it will work on two critical fronts — sponsorship and membership. Srivastava assured members that the board will continue...

250t Canadian uranium fuelling Indian reactors

By A Staff Reporter As much as 250 tonnes of Canadian uranium went to fuel Indian nuclear plants in 2015-16. Altogether, India imported 600 tonnes of uranium last year. Of the total, an estimated 345 tonnes was sourced by New Delhi from Russia. The radioactive material trade flows from bilateral civil nuclear cooperation agreements India has signed with Canada and India.   Help for Harayana farmers In...

Canada’s Brookfield to invest $1.35b in India bad loans

By A Staff Reporter Canada’s largest alternative asset manager Brookfield Asset Management has committed Rs 7,000 crore ($1.35 billion) to buy bad loans in India through a joint venture with the State Bank of India. The commitment is part of a joint venture agreement announced by SBI to collaborate on investments in stressed assets. An SBI statement said it has committed up to 5 per cent of total...

Sanjay Makkar signals new direction for ICCC

Sanjay Makkar was elected the 27th president of the Indo-Canada Chamber of Commerce at the chamber’s recent annual general meeting. Shown are seated (from left): Pappur Shankar, Ginni Sethi, Sanjay Makkar, Dharma P. Jain and Arun Srivastava; and standing (from left): Abubakkar Noohujohn, Jagdish Bajaj, Ajay Tandon and Pathik Baxi. By A Staff Reporter Sanjay Makkar, who has been elected the 27th President...

Hire, train employees for less

By A Staff Reporter There are several freebies offered by various government levels to help employers grow and train their workforce — but locating these incentives can prove a challenge. Recognizing this, Peel Halton Workforce Development Group has put together a downloadable online resource, Hire for Less: Wage & Training Subsidies for Employers in Peel Halton. There are more than 30 service...

ICCC gala

By A Staff Reporter The Indo-Canada Chamber of Commerce annual awards and gala night held recently was once  again a glittering affair. The chief guest was Toronto Mayor John Tory, with several other politicians from all levels of government and senior dignitaries, including Mississauga Mayor Bonnie Crombie, also in attendance. The keynote speaker was Asim Ghosh, President & CEO, Husky Energy. More...

How to save $100,000 by the time you’re 30

Mahendra Gupta By Mahendra Gupta You might have heard an absurd-sounding parable that often makes the rounds on personal finance blogs. This story is about two siblings who want to have a comfortable retirement — let’s make them sisters for this article’s purposes. The first sister starts saving in her 20s and manages to save $100,000 by the time she turns 30, but then never puts another dollar...

Stable oil prices to benefit India

Bengaluru — Stable crude oil prices in the international markets would help India manage its macro-economy well, chief economic advisor Arvind Subramanian has said. “I do not see oil prices going beyond $80-85 a barrel (about 160 litres), given the fundamental changes in the market. If oil prices remain steady even at that level, I think we can manage the economy well,” Subramanian said. “The...

How to raise your credit score, fast

Mahendra Gupta By Mahendra Gupta Your credit score is a single number that helps lenders decide how likely you are to repay your debts and plays a significant role when securing a mortgage. A score ranges from 300-850 points and is based on: • Your payment history and ability to repay your debts on time. Late payments will decrease your credit score. • The amount of total debt you owe, including...