India Pavilion at Expo 2020 Dubai: What you need to know

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By IANSlife
New Delhi, Oct 11 (IANSlife) Expo 2020 Dubai with the theme ‘Connecting Minds, Creating the Future’, is a celebration of human creativity, mastery and artistry bringing together 192 nations.

The Dubai Expo is the first world expo in the Middle East, Africa and South Asia (MEASA) region, this year’s Expo is also the first time in world expo history that each participating country has its own individual pavilion, with more than 200 in total to explore. In light of the recent pandemic, the six-month event has adopted the most stringent guidelines from the authorities to prioritize the health and safety of all of its visitors and staff.

Expo 2020 Dubai is significant for both the UAE and India to further integrate the India-UAE bilateral ties, it explores new opportunities for entrepreneurs and start-ups. The theme for the India Pavilion is ‘Future is in India’, reflecting upon the country’s culture, heritage and technologies.

Here are some of the highlights from the India Pavilion…

* India Pavilion at Expo 2020 Dubai offers a digital recreation of India’s past, present and future. Located in the Al Forsan area, the pavilion takes visitors on a journey, presenting the country as a global power through its ‘Five Ts’ — talent, trade, tradition, tourism and technology.

* The Pavilion showcases the country’s cultural diversity, achievements, and leading opportunities with cutting-edge technologies, as well as tourism and hospitality, space exploration, pharma, IT, renewable energy and telecoms.

* India Pavilion will also be hosting a series of contests, festival celebrations and key calendar dates, such as its special National Day on January 26, 2022, to coincide with the country’s Republic Day, creating a moment to highlight the culture and achievements of India with a flag-raising ceremony, followed by speeches and cultural performances.

* Expo 2020 Dubai will also witness Diwali celebrations on November 4, 2021.

* India will be hosting a Country Business Briefing at the Business Connect Centre on January 26, 2022, enabling organisations to leverage the presence of its heads of state, leaders and industry experts, to shed light on the business and growth opportunities, and cultivate valuable dialogue and connections with the wide range of business stakeholders visiting Expo 2020 Dubai.

* India also is presenting a bounty of homegrown talent, including celebrity chef Rohit Ghai, who launched a branch of his acclaimed restaurant, Kutir, based in London’s Chelsea, in the Opportunity District at Expo 2020 Dubai, showcasing an authentic yet experiential menu.

* A. R. Rahman, the renowned Indian film composer, record producer, singer and songwriter, mentored the all-female Firdaus Orchestra, which premieres at Expo 2020 Dubai.

* Celebrated Indian film director, actor and producer Shekhar Kapur is an advisor to Expo 2020 Dubai.

* For its People and Planet programme, India will host a World Majlis event on October 19, 2021, ‘Lessons from Space: Applying Approaches from Space to Fight Climate Change’, which explores how adopting the recycling principles of astronauts can help us live more sustainably.

* With the ongoing IPL season, Rajasthan Royals display Expo 2020 Dubai as principal sponsors on the front of their jerseys to spread the message of the event among cricket fans. Adding to this, the team will host a cricket-coaching clinic at Expo 2020.

It runs from October 1, 2021 to March 31, 2022

(IANSlife can be contacted at ianslife@ians.in)

Source: IANS

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Weekly Technical Share Market Outlook

Weekly Technical Share Market Outlook

The Indian market recovered sharply on the last trading day amid the weekend after a continuous fall. Market has managed to halt above 16000 Nifty levels after continuous losing streak. Index reacted violently, grasping Indian as well as global factors throughout the week. Simultaneously, Inflation is catching up and profit margins are taking a hit.

 

Sensex advanced 1532 points or 2.90 percent while Nifty gained 484 points or 3.07 percent in a week. Simultaneously, Bank nifty has overcome bear’s dominance ending the session with 3.49 percent gain. Sectorally,Nifty Metal saw the highest gains of 7.40 percent followed by the Realty and Auto added over 4% gain. On the flip side Nifty IT tumbled 2.82 percent on weekly basis. Midcap and Small Cap measures rising nearly 2 percent as well.

In Nifty stock, EICHERMOT gained 11.31% while TECHM lost 5.98% on a weekly basis. INDIA VIX closes at 23.10 suggests volatility driven market is going to remain intact. Coming to the OI Data, on the call side highest OI witnessed at 17000 Nifty followed by 16800 Nifty strike price while on the put side, the highest OI was at 16000 Nifty followed by 15800 Nifty strike price. Technically, Nifty has formed a Tweezer Bottom type pattern in the weekly chart suggesting a short term buying rally may drive the market until monthly expiry. On the daily chart, price has rebounded from the lower Bollinger band as well.

Momentum indicators MACD & Stochastic were trading with a positive crossover & reversed from oversold zone. However, Index is still struggling to get the support of 50 Simple Moving Average in daily chart. Short term investors and traders are advised to work with option strategies to neutralize the volatility. Overall, Nifty is having support at 15700 mark while on the upside 16700 followed by 16500 may act as an immediate resistance. While Bank nifty has support around 32500 while resistance is placed at 36000 on weekly chart.

Sumeet Bagadia
Executive Director
Choice Broking

Source: Choice India

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