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Over three-fourths of wealthy Indians have sent or are planning to send their kids overseas for education, according to an <keyword id="19916458" type="General" weightage="20" keywordseo="hsbc" source="keywords">HSBC</keyword> survey. The survey of 1,456 Indians, having investable surplus between Rs 84 lakh ($100,000) and nearly Rs 17 crore ($2 million), conducted in March found a strong urge for overseas education with 78% of the respondents saying they are keen on a <keyword id="382324" type="General" weightage="100" keywordseo="foreign-education" source="Orion">foreign education</keyword> for their children. Investable survey is the amount set aside for investment from overall net worth. The <keyword id="23129277" type="General" weightage="20" keywordseo="global-quality-of-life" source="keywords">Global Quality of Life</keyword> 2024 survey commissioned by foreign lender HSBC said the <keyword id="19900781" type="General" weightage="20" keywordseo="united-states" source="keywords">United States</keyword> is top overseas destination for Indians, followed by the <keyword id="19956320" type="General" weightage="20" keywordseo="united-kingdom" source="keywords">United Kingdom</keyword>, <keyword id="19896882" type="General" weightage="20" keywordseo="canada" source="keywords">Canada</keyword>. <keyword id="19895799" type="General" weightage="20" keywordseo="australia" source="keywords">Australia</keyword> and <keyword id="19895045" type="General" weightage="20" keywordseo="singapore" source="keywords">Singapore</keyword>. So strong is the urge for foreign education for the child that the parents are willing to suffer financial strains as well, the survey said, pointing out that the investment in education may come at the sacrifice of retirement savings. The expected or actual annual cost of overseas education works out at $62,364, and may use up to 64% of parents' retirement savings. Parents resort to dipping into general savings, taking loans and selling assets to fund the overseas education, the survey said. The quality of overseas education tops the list of primary reason for considering the overseas education, followed closely by the possibility to specialise in an area, the survey said. The survey said that financial concerns are the biggest worry for parents when the kid flies out for education, and followed by others like social or mental concerns and physical or health concerns.

Wealthy Indians send kids overseas for education, says HSBC Survey

<ul class="summary-list"><li>An Air India flight to Chicago diverted due to what a Canadian minister said was a bomb threat.</li><li>The Boeing 777 landed in Iqaluit, a remote town in Canada's Nunavut territory.</li></ul>Hundreds of <a target="_blank" class="" href="https://www.businessinsider.com/air-india-economy-cabin-i-flew-miserable-bad-seats-review-2024-2">Air India</a> passengers caught a flight with the Royal Canadian Air Force after the Boeing 777 they were on was diverted due to an apparent bomb threat.Tuesday's Flight AI127 from Delhi to Chicago had just flown over Greenland when it changed course toward Iqaluit, per <a target="_blank" class="" href="https://www.flightradar24.com/data/flights/ai127#378bba5d">Flightradar24</a>.<a target="_blank" class="" href="https://www.businessinsider.com/residents-in-canadas-far-north-are-terrified-of-losing-amazon-prime-2017-7">Iqaluit</a> is a remote town in Canada's far north and the capital of the Nunavut territory. On Tuesday, <a target="_blank" class="" href="https://www.timeanddate.com/weather/canada/iqaluit/historic">temperatures</a> peaked at 37 degrees Fahrenheit and were below zero at times.In a statement posted on social media, <a target="_blank" class="" href="https://www.businessinsider.com/air-india-airbus-a350-soon-flying-us-jfk-photos-2024-7">Air India</a> said the flight was "the subject of a security threat posted online."According to an X post from Canada's Minister of Emergency Preparedness, Harjit Sajjan, <a target="_blank" class="" href="https://x.com/HarjitSajjan/status/1846357138480005566">the flight was subject to a "bomb threat."</a> Sajjan added that 211 passengers were on the flight.One passenger who was scheduled to take a different flight out of Iqaluit on Tuesday shared pictures of the plane and what appeared to be passengers waiting in the airport, saying that a local musician had been brought in to entertain people while they waited.Air India, the Indian flag carrier, noted that it and other <a target="_blank" class="" href="https://www.businessinsider.com/i-was-on-bomb-threat-flight-akasa-air-analyzed-handwriting-2024-7">Indian airlines have been subject to a number of threats</a> recently that have all turned out to be hoaxes."As a responsible airline operator all threats are taken seriously," Air India said. "The inconvenience to customers is sincerely regretted."It added that it will consider legal action against those responsible for the threat.Air India said that over 18 hours after landing in Iqaluit, a Canadian Air Force plane took off to take passengers to Chicago. It was scheduled to land there 24 hours after the initial flight's scheduled arrival time."We thank the Canadian authorities and authorities at Iqaluit airport for their support and assistance extended to the passengers and Air India during this unexpected disruption," the airline said.Back in May, an <a target="_blank" class="" href="https://www.businessinsider.com/boeing-787-diverted-to-canadian-arctic-flight-canceled-to-rescue-them-2024-5">Air France Boeing 787 also had to divert to Iqaluit</a> after a burning smell was detected in the cabin.In that instance, a different flight was canceled 11 hours after the landing in Nunavut so a plane could be rerouted to take the passengers onward.

An apparent bomb threat saw over 200 Air India passengers stranded in Canada's freezing remote north before the air force picked them up

India has temporarily suspends visa services in <keyword id="6356687" type="General" weightage="80" keywordseo="canada" source="Orion">Canada</keyword> as per a notice on India Visa Application Centre Canada's website. The notice states, "Due to operational issues, with effect from 21 September, 2023, Indian visa services have been suspended till further notice." Earlier, last evening, India advised its nationals in Canada and those contemplating travel there to exercise utmost caution in view of anti-India activities in some parts of that country. The advisory came amid further deterioration of diplomatic relations between the two countries following Canadian Prime Minister <keyword id="1740494" type="General" weightage="50" keywordseo="justin-trudeau" source="Orion">Justin Trudeau</keyword>'s allegations of a "potential" involvement of Indian agents in the killing of Khalistani separatist <keyword id="7575364" type="General" weightage="20" keywordseo="Hardeep-Singh-Nijjar" source="Orion">Hardeep Singh Nijjar</keyword> in June. "In view of growing anti-India activities and politically-condoned hate crimes and criminal violence in Canada, all Indian nationals there and those contemplating travel are urged to exercise utmost caution," the Ministry of External Affairs (MEA) said in the advisory. It said, "Recently, threats have particularly targeted Indian diplomats and sections of the Indian community who oppose the anti-India agenda." "Indian nationals are therefore advised to avoid travelling to regions and potential venues in Canada that have seen such incidents," it said. The MEA said the Indian High Commission and consulates general will continue to be in contact with the Canadian authorities to ensure the safety and wellbeing of the Indian community in Canada. "Given the deteriorating security environment in Canada, Indian students in particular are advised to exercise extreme caution and remain vigilant," it said in the advisory. (With text inputs from PTI)

India temporarily suspends visa services in Canada

<ul><li>India is asking <keyword id="6356687" type="General" weightage="50" keywordseo="canada" source="Orion">Canada</keyword> to take action against those facing charges related to terrorism.</li><li>Canadian PM unequivocal about the importance of the rule of law and protecting Canadians.</li><li>Both the countries have fired a diplomat each in a tit-for-tat move.</li></ul> Canada Prime Minister <keyword id="1740494" type="General" weightage="80" keywordseo="justin-trudeau" source="Orion">Justin Trudeau</keyword> on Thursday said that India is a country of growing importance, adding that Canada is not looking to provoke or cause problems and called upon the government of India to work with Ottawa to establish processes to uncover the truth in the murder of Khalistan extremist, <keyword id="7575364" type="General" weightage="40" keywordseo="Hardeep-Singh-Nijjar" source="Orion">Hardeep Singh Nijjar</keyword>. Trudeau's recent statement comes as the diplomatic standoff between India and Canada escalated to a level that the envoys of both countries have been expelled in a tit-for-tat move. He also stressed that Canada is unequivocal about the importance of the rule of law and protecting Canadians as well as standing up for values. "There is no question, India is a country of growing importance and a country that we need to continue to work with not just in a region but around the world and we are not looking to provoke or cause problems but we are unequivocal about the importance of the rule of law and unequivocal about of the importance of protecting Canadians and standing up for values," Trudeau said while addressing a press conference at Canada's Permanent Mission to the United Nations in New York. "That's why, we call upon the government of India to work with us to establish processes to uncover the truth of the matter and to allow justice and accountability to be served," Trudeau added. Trudeau's recent statement comes as the diplomatic standoff between India and Canada escalated to a level that the envoys of both countries have been expelled in a tit-for-tat move. Indian <keyword id="193522" type="General" weightage="20" keywordseo="External-Affairs-Ministry" source="Orion">External Affairs Ministry</keyword> in its response to the allegations by Canada had said, "Yes these allegations were raised by Canadian PM Justin Trudeau with PM (Modi) and PM rejected them." Indian government's stance The MEA said that allegations were raised by Trudeau when he was in India to attend the G20 Summit and that PM Modi had rejected them. MEA spokesperson <keyword id="10953867" type="General" weightage="20" keywordseo="Arindam-Bagchi" source="Orion">Arindam Bagchi</keyword> said that Canada has not shared any specific information regarding the allegations and that India is asking Canada to take action against those facing charges related to terrorism."We are willing to look at any specific information that is provided to us, but so far we have received no specific information from Canada," Bagchi said on Thursday answering queries. "We are willing to look at any specific information that is provided to us, but so far we have received no specific information from Canada," Ministry of External Affairs spokesperson Arindam Bagchi said on Thursday answering queries. Moreover, Canadian Prime Minister Justin Trudeau also took questions about Canada's tensions with India during a press conference. On sharing evidence, Canadian PM Justin Trudeau said, "Canada has a rigorous and independent justice system, that we trust, to follow through the processes, we will ensure that those processes are strictly, abided by and respected." Regarding the safety of Canadians, he said, "I can tell everyone that Canada is a safe country. We always take Canadians' safety seriously, whether they are at home or abroad." "Canada has a rigorous and independent justice system, that we trust, to follow through the processes, we will ensure that those processes are strictly, abided by and respected. In terms of safety in Canada and the safety of Canadians, we always take the safety of Canadians extremely seriously, whether at home or overseas, I can assure everyone that Canada is a safe country," Trudeau said, while adding, "I continue to call, for calm, and for Canadians to remain true to who we are, open, respectful, grounded in, respect and trust in our institutions and, our law enforcement and justice systems." Speaking further, the Canadian PM repeated his allegations over the killing of the Khalistani leader and stated, "I think it's extremely important that as a country with a strong and independent justice system. We allow those justice processes to unfold themselves with the utmost integrity. But I can assure you, the decision to share these allegations on the floor of the House of Commons was not made lightly. It was done with utmost seriousness..." Nijjar, the chief of Khalistan Tiger Force (KTF) - a Sikh extremist organisation banned by India and a "designated terrorist" was killed in a targeted shooting at British Columbia in Canada's Surrey in June 2018. India, however, rejected the allegations by the Trudeau administration, terming them "absurd" and "motivated". "We have seen and reject the statement of the Canadian Prime Minister in their Parliament, as also the statement by their Foreign Minister," the Ministry of External Affairs (MEA) said in a statement. "Allegations of Government of India's involvement in any act of violence in Canada are absurd and motivated," the MEA added in its statement. "Similar allegations were made by the Canadian Prime Minister to our Prime Minister and were completely rejected. We are a democratic polity with a strong commitment to the rule of law," it added. Diplomatic action India on Tuesday expelled a senior Canadian diplomat in a reciprocal move to Canada expelling a senior Indian diplomat in light of the claim of New Delhi's involvement in the killing of the wanted separatist leader. The MEA said that the Canadian diplomat was asked to leave India within the next five days. "The High Commissioner of Canada to India was summoned today and informed about the decision of the Government of India to expel a senior Canadian diplomat based in India," the MEA stated. "The concerned diplomat has been asked to leave India within the next five days. The decision reflects the Government of India's growing concern at the interference of Canadian diplomats in our internal matters and their involvement in anti-India activities," it added. (With text input from ANI)

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Wealthy Indians send kids overseas for education, says HSBC Survey

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An apparent bomb threat saw over 200 Air India passengers stranded in Canada's freezing remote north before the air force picked them up

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India temporarily suspends visa services in Canada

BI India Bureau

India-Canada tension: Trudeau says not looking to provoke; MEA says no specific information shared

BI India Bureau

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