Sourav Neogi

New Delhi, Delhi, India

Para sports are on the rise and powerlifters have been one of the biggest reasons behind the increase in the popularity in India. While there have been several talented Para powerlifters in India since last decade, Manpreet Kaur is often referred to as one of the best of them all and the notion was revitalised when she became the national champion in 2016. Despite being a national champion, Manpreet Kaur is not a household name among the Indian fans. The 35-year-old has defied all odds to become one of the best India has to offer and proved herself in the international stages. Let’s take a look at who she is and how she inspired an entire generation of Para athletes to take up their respective disciplines. Also Read: Commonwealth Games 2022: Will the Indian boxing contingent deliver on their promise?,Born on January 17, 1987, in Dr. Ambedkar Nagar, Phagwara, Punjab, Manpreet was diagnosed with polio when she was only six months old after high fever. It resulted in the muscles in her leg losing its power gradually after heavy doses of injections. Manpreet has three siblings, and two of them are masons while the third one is a carpenter. After completing her schooling from a Government high school in Chakprema (Kapurthala) in 2006, Manpreet pursued bachelor’s degrees in Commerce and Education from the Kamla Nehru College and passed out in 2012. She tried to get a private job and had an interview lined up at Ramgarhia College of Education, Phagwara. However, during the interview, the principal advised her to enrol at the Para Academy under Coach Parminder Singh. ,She began training in Para powerlifting in 2013. She was described as a natural at the sport and clinched her first medal, a bronze, at the nationals that year itself. However, tragedy stuck soon, as Manpreet lost her father, who worked as a mason, in 2014. Also Read: Who is Sakina Khatun, only Indian woman Para-athlete to win a Commonwealth Games medal?,Manpreet is currently being trained by Para powerlifter Rajinder Singh Rahelu, who feels adequate financial support will lead to wonders for his student. She competes in the light weight category (41kg) in Para powerlifting. Manpreet finished at the fourth place in Asian Para Games in 2018, before winning a bronze and a silver medal at Asia Para Powerlifting Championship and British Open Para Powerlifting Championship respectively in the same year. She also won another bronze medal at World Para Powerlifting Asia Oceania Open Championships in 2022, ahead of the Commonwealth Games.

{\"time\":1659628410070,\"strCount\":3481,\"blocks\":[{\"type\":\"paragraph\",\"data\":{\"text\":\"<a href=\\\"https://opoyi.com/topics/para/\\\">Para</a> sports are on the rise and powerlifters have been one of the biggest reasons behind the increase in the popularity in <a href=\\\"https://opoyi.com/business/why-is-india-banning-wheat-export-582505/\\\">India</a>. While there have been several talented Para powerlifters in <a href=\\\"https://opoyi.com/india/this-indian-navy-day-know-more-about-indias-fleet-571297/\\\">India</a> since last decade, Manpreet Kaur is often referred to as one of the best of them all and the notion was revitalised when she became the national champion in 2016.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Despite being a national champion, Manpreet Kaur is not a household name among the <a href=\\\"https://opoyi.com/topics/indian/\\\">Indian</a> fans. The 35-year-old has defied all odds to become one of the best India has to offer and proved herself in the international stages. Let’s take a look at who she is and how she inspired an entire generation of <a href=\\\"https://opoyi.com/sports/athletes-continue-to-shine-india-celebrates-sumit-antils-paralympics-gold-596359/\\\">Para athletes</a> to take up their respective disciplines.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read:&nbsp;<a href=\\\"https://opoyi.com/sports/commonwealth-games-2022-will-the-indian-boxing-contingent-deliver-on-their-promise-718046/\\\">Commonwealth Games 2022: Will the Indian boxing contingent deliver on their promise?</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Born on January 17, 1987, in Dr. Ambedkar Nagar, Phagwara, <a href=\\\"https://opoyi.com/topics/punjab/\\\">Punjab</a>, Manpreet was diagnosed with polio when she was only six months old after high fever. It resulted in the muscles in her leg losing its power gradually after heavy doses of injections.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Manpreet has three siblings, and two of them are masons while the third one is a carpenter. After completing her schooling from a Government high school in Chakprema (Kapurthala) in 2006, Manpreet pursued bachelor’s degrees in <a href=\\\"https://opoyi.com/topics/commerce/\\\">Commerce</a> and Education from the Kamla Nehru College and passed out in 2012. She tried to get a private job and had an interview lined up at Ramgarhia College of Education, Phagwara. However, during the interview, the principal advised her to enrol at the Para Academy under Coach Parminder Singh. \"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"She began training in Para powerlifting in 2013. She was described as a natural at the sport and clinched her first medal, a bronze, at the nationals that year itself. However, tragedy stuck soon, as Manpreet lost her father, who worked as a mason, in 2014.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read:&nbsp;<a href=\\\"https://opoyi.com/sports/who-is-sakina-khatun-717863/\\\">Who is Sakina Khatun, only Indian woman Para-athlete to win a Commonwealth Games medal?</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Manpreet is currently being trained by Para powerlifter Rajinder Singh Rahelu, who feels adequate financial support will lead to wonders for his student. She competes in the light weight category (41kg) in Para powerlifting.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Manpreet finished at the fourth place in Asian Para Games in 2018, before winning a bronze and a silver medal at Asia Para Powerlifting Championship and <a href=\\\"https://opoyi.com/topics/british/\\\">British</a> Open Para <a href=\\\"https://opoyi.com/lifestyle/setting-up-a-home-gym-here-are-a-few-essential-fitness-equipment-484074/\\\">Powerlifting</a> Championship respectively in the same year. She also won another bronze medal at World Para Powerlifting Asia Oceania Open Championships in 2022, ahead of the <a href=\\\"https://opoyi.com/sports/india-at-commonwealth-games-a-brief-history-711730/\\\">Commonwealth Games</a>.\"}}]}

<ul>
 <li>Manpreet Kaur became the national Para powerlifting champion in women's category in 2016</li>
 <li>She is currently training under Para powerlifter Rajinder Singh Rahelu</li>
 <li>Manpreet began training in 2013 and won the bronze medal at the nationals in the same year&nbsp;</li>
</ul>

Opoyi Central

Who is Indian Para powerlifter Manpreet Kaur?

Sports

powerlifting

CommonwealthGames2022

Para

indian

Punjab

Commerce

British

India

World

Sammya Mukhopadhyay

Abhinav Dutta

Droupadi Murmu, former Governor of Jharkhand, has been declared India's 15th President, stealing a march over rival candidate Yashwant Sinha. After three rounds of counting, The 64-year-old Bharatiya Janata Party nominee crossed the halfway mark- with 2161 votes of the value of 5,77,777- becoming the first tribal president on the nation. Born in Odisha’s Mayurbhanj district in 1958, Murmu served as the Governor of Jharkhand from 2015 to 2021. She was the first governor to complete a full five-year term since Jharkhand was formed in 2000. Also Read | Watch: Mayurbhanj celebrates as Draupadi Murmu on course to become President,The BJP was reportedly considering two candidates as the party’s presidential nominee – Draupadi Murmu and Arif Khan. Murmu’s candidature was considered because of the party’s recent focus on tribals. Murmu’s nomination is also expected to help the BJP win over some women voters. Arif Khan was said to be considered as the presidential nominee in a bid to garner some support from Muslims. Also Read | Who is Yashwant Sinha, Opposition's pick for India's next President,Draupadi Murmu belongs to the Santhal tribe. The 64-year-old’s life is rife with personal tragedies. She has lost her husband, Shyam Charan Murmu, and two sons. Murmu’s rise to political prominence came with her being elected as the councillor of Rairangpur Nagar Panchayat in 1997. In 2000, she was elected as a legislator from the same constituency. Also Read | In Draupadi Murmu, BJP finds tribal face to follow Dalit president,When the Naveen Patnaik-led Biju Janata Dal (BJD) and the BJP ran a coalition government in Odisha, Murmu served as the minister in Commerce and Transport and subsequently in Fisheries and Animal Resources. ,Draupadi Murmu was up against Yashwant Sinha, the candidate representing a united opposition. Sinha was a Union Minister in the Atal Bihari Vajpayee-led NDA government. He later joined the Mamata Banerjee-led Trinamool Congress. On Tuesday morning, Yashwant Sinha released a statement saying he must “step aside” from party work for greater opposition unity. ,The opposition had really struggled to find a presidential candidate. Mamata Banerjee, who has been steering the discussion on having a joint presidential candidate, had first expressed the desire to nominate Nationalist Congress Party (NCP) chief Sharad Pawar as the presidential candidate. ,However, Sharad Pawar declined the nomination. Later, Jammu and Kashmir leader Farooq Abdullah was considered a presidential nominee, who too rejected the proposal. Finally, the opposition has rested its faith in Yashwant Sinha, a former BJP leader who quit his party in December, 2021, alleging that Narendra Modi’s party was undermining democratic institutions.

{\"time\":1658413983197,\"strCount\":3774,\"blocks\":[{\"type\":\"paragraph\",\"data\":{\"text\":\"<a href=\\\"https://opoyi.com/india/draupadi-murmu-former-jharkhand-governor-is-bjps-pick-for-next-president-683965/\\\">Droupadi Murmu</a>,\\nformer Governor of <a href=\\\"https://opoyi.com/topics/jharkhand/\\\">Jharkhand</a>, has been <a href=\\\"https://opoyi.com/india/droupadi-murmu-elected-as-indias-first-tribal-president-beats-yashwant-sinha-706547/\\\">declared India's 15th President</a>, stealing a march over rival candidate Yashwant Sinha. After three rounds of counting, The 64-year-old Bharatiya Janata Party nominee crossed the halfway mark- with 2161 votes of the value of 5,77,777- becoming the first tribal president on the nation. Born in Odisha’s Mayurbhanj district in\\n1958, Murmu served as the Governor of Jharkhand from 2015 to 2021. She was the\\nfirst governor to complete a full five-year term since Jharkhand was formed in 2000.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/india/watch-mayurbhanj-celebrates-as-draupadi-murmu-on-course-to-become-president-706733/\\\">Watch: Mayurbhanj celebrates as Draupadi Murmu on course to become President</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The <a href=\\\"https://opoyi.com/topics/bjp/\\\">BJP</a> was\\nreportedly considering two candidates as the party’s presidential nominee – Draupadi\\nMurmu and Arif Khan. Murmu’s candidature was considered because of the party’s recent\\nfocus on tribals. Murmu’s nomination is also expected to help the BJP win over\\nsome women voters. Arif Khan was said to be considered as the presidential\\nnominee in a bid to garner some support from <a href=\\\"https://opoyi.com/topics/muslims/\\\">Muslims</a>.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/india/who-is-yashwant-sinha-oppositions-pick-for-indias-next-president-485729/\\\">Who is Yashwant Sinha, Opposition's pick for India's next President</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Draupadi Murmu belongs\\nto the Santhal tribe. The 64-year-old’s life is rife with personal tragedies. She\\nhas lost her husband, Shyam Charan Murmu, and two sons. Murmu’s rise to\\npolitical prominence came with her being elected as the councillor of\\nRairangpur Nagar Panchayat in 1997. In 2000, she was elected as a legislator\\nfrom the same constituency.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/india/in-draupadi-murmu-bjp-finds-tribal-face-to-follow-dalit-president-684019/\\\">In Draupadi Murmu, BJP finds tribal face to follow Dalit president</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"When the Naveen\\nPatnaik-led Biju Janata Dal (BJD) and the BJP ran a coalition government in\\n<a href=\\\"https://opoyi.com/topics/odisha/\\\">Odisha</a>, Murmu served as the minister in <a href=\\\"https://opoyi.com/topics/commerce/\\\">Commerce</a> and Transport and subsequently\\nin Fisheries and Animal Resources. \"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Draupadi Murmu\\nwas up against <a href=\\\"https://opoyi.com/india/who-is-yashwant-sinha-oppositions-pick-for-indias-next-president-485729/\\\">Yashwant Sinha</a>, the candidate representing a united\\nopposition. Sinha was a Union Minister in the Atal Bihari Vajpayee-led <a href=\\\"https://opoyi.com/topics/nda/\\\">NDA</a>\\ngovernment. He later joined the Mamata Banerjee-led Trinamool Congress. On\\nTuesday morning, Yashwant Sinha released a statement saying he must “step aside”\\nfrom party work for greater opposition unity. \"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The opposition had\\nreally struggled to find a presidential candidate. Mamata Banerjee, who has\\nbeen steering the discussion on having a joint presidential candidate, had\\nfirst expressed the desire to nominate Nationalist Congress Party (NCP) chief\\nSharad Pawar as the presidential candidate. \"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"However, Sharad\\nPawar declined the nomination. Later, Jammu and <a href=\\\"https://opoyi.com/topics/kashmir/\\\">Kashmir</a> leader Farooq Abdullah\\nwas considered a presidential nominee, who too rejected the proposal. Finally,\\nthe opposition has rested its faith in Yashwant Sinha, a former BJP leader who quit\\nhis party in December, 2021, alleging that Narendra Modi’s party was undermining\\ndemocratic institutions. \"}}]}

<ul>
 <li>Draupadi Murmu, 64, has become India's 15th president&nbsp;</li>
 <li>She is the first tribal president of India</li>
 <li>Murmu was Governor of Jharkhand from 2015 to 2021</li>
</ul>

Who is Droupadi Murmu, India's first tribal president?

DraupadiMurmu

YashwantSinha

Jharkhand

Odisha

SharadPawar

Muslims

TrinamoolCongress

MamataBanerjee

Kashmir

FarooqAbdullah

Washington D.C., DC, USA

Trump officials tried to add a citizenship question to the 2020 census in a move experts said would benefit Republicans despite initial doubts among some in the administration that it was legal, according to an investigative report released Wednesday by a congressional oversight committee. The report offers a smoking gun of sorts — a secret memo the committee obtained after a two-year legal battle — showing that a top Trump appointee in the Commerce Department explored apportionment as a reason to include the question. The Committee's investigation has exposed how a group of political appointees sought to use the census to advance an ideological agenda and potentially exclude non-citizens from the apportionment count, the report released by the House Committee on Oversight and Reform said. It has long been speculated that the Trump administration wanted the citizenship question in order to exclude people in the country illegally from apportionment numbers. The report includes several drafts showing how the memo evolved from recognizing that doing so would likely be unconstitutional to coming up with other justifications for adding the citizenship question. The apportionment process uses state population counts gathered during the once-a-decade census to divide up the number of congressional seats each state gets. Experts feared a citizenship question would scare off Hispanics and immigrants from participating in the 2020 census, whether they were in the country legally or not. The citizenship question was blocked by the Supreme Court in 2019. In the high court's decision, Chief Justice John Roberts said the reason the Commerce Department had given for the citizenship question — it was needed for the Justice Department's enforcement of the Voting Rights Act — appeared to be contrived. The Commerce Department oversees the Census Bureau, which conducts the count used to determine political power and the distribution of $1.5 trillion in federal funding each year. Then-Commerce Secretary Wilbur Ross testified before the oversight committee that apportionment wasn't the reason for the citizenship question, even though the Commerce Department memo suggests otherwise, the House report said. I have never intentionally misled Congress or intentionally said anything incorrect under oath, Ross said during a 2019 hearing before the oversight committee. According to the House committee report, during planning for the citizenship question, an adviser to the Commerce Department reached out to a Republican redistricting expert who had written that using citizen voting-age population instead of the total population for the purpose of redrawing of congressional and legislative districts could be advantageous to Republicans and non-Hispanic whites. The August 2017 memo prepared by senior political appointee James Uthmeier went to the heart of interactions by the Commerce and Justice departments to come up with a contrived reason for the citizenship question, the House report said. An initial draft of the memo raised doubts that a citizenship question would be legal since it can only be added to the once-a-decade census if the Commerce Secretary concludes that gathering that information in survey sampling is not feasible. But a later draft removed that concern and added that the Commerce Secretary had the discretion to add a citizenship question for reasons other than apportionment. An even later draft removed apportionment as an exception to the Commerce Secretary's discretion and added there is nothing illegal or unconstitutional about adding a citizenship question. An early draft of the memo also noted that using a citizenship data for apportionment was likely unconstitutional and went against 200 years of precedent, but that language also was removed in later drafts. The Founding Fathers' conscious choice not to exclude people in the U.S. illegally from the count suggests the Founders did not intend to distinguish between citizens and non-citizens for apportionment, Uthmeier wrote in the early draft. The House report says Uthmeier researched using Voting Rights Act enforcement as a reason for the citizenship question three months before the Justice Department requested it, and hand-delivered his memo with that suggestion to the Justice Department in order to avoid a digital fingerprint. Uthmeier, who now is chief of staff to Florida Gov. Ron DeSantis, didn't immediately respond to an email inquiry Wednesday. In an effort to prevent future attempts at politicizing the census, members of the oversight committee on Wednesday debated a bill introduced by U.S. Rep. Carolyn Maloney, D-N.Y. that would require new questions for the head count to be vetted by Congress, prohibit a Census Bureau director from being fired without cause and limit the number of political appointees at the Census Bureau to three. Even though many of the Trump administration's political efforts ultimately failed, some advocates believe they did have an impact, resulting in significantly larger undercounts of most racial and ethnic minorities in the 2020 census compared to the 2010 census. Republican lawmakers said the bill would make the Census Bureau director unaccountable and limit the ability to add important questions to the census form. They offered an amendment that would add a citizenship question to the next census and exclude people in the U.S. illegally from the apportionment count, claiming their inclusion dilutes the political power of citizens. The Fourteenth Amendment requires that all people in each U.S. state be counted for apportionment. Committee members recessed Wednesday morning before voting on the bill and amendment. What this bill does, it more completely delegates Census Bureau activity to the bureaucracy, said U.S. Rep. Andy Biggs, R-Ariz. When you delegate to the bureaucracy, you are taking away the power of the American people.

{\"time\":1658340622024,\"strCount\":6308,\"blocks\":[{\"type\":\"paragraph\",\"data\":{\"text\":\"<a href=\\\"https://opoyi.com/topics/trump/\\\">Trump</a> officials tried to add a citizenship question to the 2020 census in a move experts said would benefit <a href=\\\"https://opoyi.com/topics/republicans/\\\">Republicans</a> despite initial doubts among some in the administration that it was legal, according to an investigative report released Wednesday by a congressional oversight committee.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The report offers a smoking gun of sorts — a secret memo the committee obtained after a two-year legal battle — showing that a top Trump appointee in the <a href=\\\"https://opoyi.com/topics/commerce/\\\">Commerce</a> Department explored apportionment as a reason to include the question.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"\\\"The Committee's investigation has exposed how a group of political appointees sought to use the census to advance an ideological agenda and potentially exclude non-citizens from the apportionment count,\\\" the report released by the House Committee on Oversight and Reform said.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"It has long been speculated that the Trump administration wanted the citizenship question in order to exclude people in the country illegally from apportionment numbers.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The report includes several drafts showing how the memo evolved from recognizing that doing so would likely be unconstitutional to coming up with other justifications for adding the citizenship question.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The apportionment process uses state population counts gathered during the once-a-decade census to divide up the number of congressional seats each state gets.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Experts feared a citizenship question would scare off Hispanics and immigrants from participating in the 2020 census, whether they were in the country legally or not. The citizenship question was blocked by the Supreme Court in 2019. In the high court's decision, Chief <a href=\\\"https://opoyi.com/topics/justice/\\\">Justice</a> John Roberts said the reason the Commerce Department had given for the citizenship question — it was needed for the Justice Department's enforcement of the Voting Rights Act — appeared to be contrived.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The Commerce Department oversees the Census Bureau, which conducts the count used to determine political power and the distribution of $1.5 trillion in federal funding each year. Then-Commerce Secretary Wilbur Ross testified before the oversight committee that apportionment wasn't the reason for the citizenship question, even though the Commerce Department memo suggests otherwise, the House report said.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"\\\"I have never intentionally misled <a href=\\\"https://opoyi.com/topics/congress/\\\">Congress</a> or intentionally said anything incorrect under oath,\\\" Ross said during a 2019 hearing before the oversight committee.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"According to the House committee report, during planning for the citizenship question, an adviser to the Commerce Department reached out to a <a href=\\\"https://opoyi.com/topics/republican/\\\">Republican</a> redistricting expert who had written that using citizen voting-age population instead of the total population for the purpose of redrawing of congressional and legislative districts could be advantageous to Republicans and non-Hispanic whites.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The August 2017 memo prepared by senior political appointee James Uthmeier went to the heart of interactions by the Commerce and Justice departments to come up with a contrived reason for the citizenship question, the House report said.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"An initial draft of the memo raised doubts that a citizenship question would be legal since it can only be added to the once-a-decade census if the Commerce Secretary concludes that gathering that information in survey sampling is not feasible. But a later draft removed that concern and added that the Commerce Secretary had the discretion to add a citizenship question for reasons other than apportionment.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"An even later draft removed apportionment as an exception to the Commerce Secretary's discretion and added \\\"there is nothing illegal or unconstitutional about adding a citizenship question.\\\"\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"An early draft of the memo also noted that using a citizenship data for apportionment was likely unconstitutional and went against 200 years of precedent, but that language also was removed in later drafts.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The Founding Fathers' \\\"conscious choice\\\" not to exclude people in the U.S. illegally from the count \\\"suggests the Founders did not intend to distinguish between citizens and non-citizens\\\" for apportionment,\\\" Uthmeier wrote in the early draft.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The House report says Uthmeier researched using Voting Rights Act enforcement as a reason for the citizenship question three months before the Justice Department requested it, and hand-delivered his memo with that suggestion to the Justice Department in order to avoid a digital fingerprint.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Uthmeier, who now is chief of staff to <a href=\\\"https://opoyi.com/topics/florida/\\\">Florida</a> Gov. Ron DeSantis, didn't immediately respond to an email inquiry Wednesday.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"In an effort to prevent future attempts at politicizing the census, members of the oversight committee on Wednesday debated a bill introduced by U.S. Rep. Carolyn Maloney, D-N.Y., that would require new questions for the head count to be vetted by Congress, prohibit a Census Bureau director from being fired without cause and limit the number of political appointees at the Census Bureau to three.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Even though many of the Trump administration's political efforts ultimately failed, some advocates believe they did have an impact, resulting in significantly larger undercounts of most racial and ethnic minorities in the 2020 census compared to the 2010 census.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Republican lawmakers said the bill would make the Census Bureau director unaccountable and limit the ability to add important questions to the census form. They offered an amendment that would add a citizenship question to the next census and exclude people in the U.S. illegally from the apportionment count, claiming their inclusion dilutes the political power of citizens. The Fourteenth Amendment requires that all people in each U.S. state be counted for apportionment.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Committee members recessed Wednesday morning before voting on the bill and amendment.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"\\\"What this bill does, it more completely delegates Census Bureau activity to the bureaucracy,\\\" said U.S. Rep. Andy Biggs, R-Ariz. \\\"When you delegate to the bureaucracy, you are taking away the power of the <a href=\\\"https://opoyi.com/topics/american/\\\">American</a> people.\\\"\"}}]}

<ul>
 <li>The report came off a secret memo after a two-year legal battle&nbsp;</li>
 <li>Experts feared a citizenship question would scare off immigrants from the census&nbsp;</li>
 <li>The 14th Amendment dictates that all people in each US state be counted for apportionment</li>
</ul>

Trump officials tried to add citizenship question to 2020 census: Report

Trump

Republicans

Congress

republican

Justice

Florida

RonDeSantis

American

Ajay Joseph

The department of commerce on Tuesday said that work from home will be allowed in special economic zones (SEZs) for a maximum period of one year, and may be extended to a maximum of 50 per cent of total employees including contractual employees. The department of commerce under the commerce ministry of the Indian government has notified a new rule 43A for WFH in Special Economic Zones Rules, 2006. Also read: Netherlands makes work-from-home a legal right,According to the notification, the decision was taken on demand from the industry for making a provision for a country wide uniform work from home policy. The notification was issued on demand from the industry for making a provision for a country wide uniform Work From Home (WFH) policy across all Special Economic Zones. The Department of Commerce thereafter held several rounds of discussions with various stakeholders before firming up the notification, said the department of commerce in its notification. Also read: 4 activities to bring exercise into your workday,The new rule provides work from home for a certain category of employees of a unit in SEZ, the government said. Here's a list of employees that can avail the benefits of the new rules:,a. Employees of IT/ ITeS SEZ units,b. Employees, who are temporarily incapacitated,c. Employees, who are travelling,d. Employees, who are working offsite,Also read: Elon Musk forces return to office: Tesla CEO's toxic work culture in focus,According to the new notification, work from home provision can be extended to maximum 50 per cent of total employees including contractual employees of the unit. However, there is flexibility granted to the Development Commissioner (DC) of SEZs to approve a higher number of employees (more than 50 per cent) for any bona-fide reason to be recorded in writing. Work From Home is now allowed for a maximum period of one-year. However, the same may further be extended for a period of one year at a time by the DC on the request of units, the department of commerce said in its notification. Also read: Norway’s Oslo has the best work-life balance, Dubai worst: Study,In respect of SEZ units whose employees are already working from home, the notification has provided a transition period of 90 days to seek approval. The notification also states that the SEZ unit will be responsible to provide equipment and secured connectivity to those employees working from home under the new rule. Also read: Easy to cook snacks for you to gorge on during work from home,The work from home rules are applicable to Special Economic Zones, which are areas subject to a set of different economic regulations than other regions within India. This is done to attract foreign direct investments. There are eight functional SEZs in India at the moment including — Santa Cruz (Maharashtra), Cochin (Kerala), Kandla and Surat (Gujarat), Chennai (Tamil Nadu), Visakhapatnam (Andhra Pradesh), Falta (West Bengal) and Noida (Uttar Pradesh).

{\"time\":1658320784332,\"strCount\":3524,\"blocks\":[{\"type\":\"paragraph\",\"data\":{\"text\":\"The department of commerce on Tuesday said that work from home will be allowed in special economic zones (SEZs) for a maximum period of one year, and may be extended to a maximum of 50 per cent of total employees including contractual employees. The department of commerce under the commerce ministry of the <a href=\\\"https://opoyi.com/topics/indian/\\\">Indian</a> government has notified a new rule 43A for WFH in Special Economic Zones Rules, 2006.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also read:&nbsp;<a href=\\\"https://opoyi.com/world/netherlands-makes-work-from-home-a-legal-right-698557/\\\">Netherlands makes work-from-home a legal right</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"According to the notification, the decision was taken on demand from the industry for making a provision for a country wide uniform work from home policy.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"\\\"The notification was issued on demand from the industry for making a provision for a country wide uniform Work From Home (WFH) policy across all Special Economic Zones. The Department of Commerce thereafter held several rounds of discussions with various stakeholders before firming up the notification,\\\" said the department of commerce in its notification.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also read:&nbsp;<a href=\\\"https://opoyi.com/health/4-activities-to-bring-exercise-into-your-workday-346412/\\\">4 activities to bring exercise into your workday</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The new rule provides work from home for a certain category of employees of a unit in SEZ, the government said.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Here's a list of employees that can avail the benefits of the new rules:\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"a. Employees of IT/ ITeS SEZ units\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"b. Employees, who are temporarily incapacitated\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"c. Employees, who are travelling\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"d. Employees, who are working offsite\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also read:&nbsp;<a href=\\\"https://opoyi.com/business/elon-musk-forces-return-to-office-tesla-ceos-toxic-work-culture-in-focus-421717/\\\">Elon Musk forces return to office: Tesla CEO's toxic work culture in focus</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"According to the new notification, work from home provision can be extended to maximum 50 per cent of total employees including contractual employees of the unit. However, there is flexibility granted to the Development Commissioner (DC) of SEZs to approve a higher number of employees (more than 50 per cent) for any bona-fide reason to be recorded in writing.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"\\\"Work From Home is now allowed for a maximum period of one-year. However, the same may further be extended for a period of one year at a time by the DC on the request of units,\\\" the department of commerce said in its notification.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also read:&nbsp;<a href=\\\"https://opoyi.com/india/norways-oslo-has-the-best-work-life-balance-dubai-worst-study-111934/\\\">Norway’s Oslo has the best work-life balance, Dubai worst: Study</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"In respect of SEZ units whose employees are already working from home, the notification has provided a transition period of 90 days to seek approval.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The notification also states that the SEZ unit will be responsible to provide equipment and secured connectivity to those employees working from home under the new rule.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also read:&nbsp;<a href=\\\"https://opoyi.com/lifestyle/easy-to-cook-snacks-for-you-to-gorge-on-during-work-from-home-232783/\\\">Easy to cook snacks for you to gorge on during work from home</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The work from home rules are applicable to Special Economic Zones, which are areas subject to a set of different economic regulations than other regions within India. This is done to attract foreign direct investments.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"There are eight functional SEZs in India at the moment including — Santa Cruz (Maharashtra), Cochin (Kerala), Kandla and Surat (Gujarat), Chennai (Tamil Nadu), Visakhapatnam (Andhra Pradesh), Falta (West Bengal) and Noida (Uttar Pradesh).\"}}]}

<ul>
 <li>The SEZ unit will be responsible to provide equipment and secured connectivity to those employees working from home</li>
 <li>This is done to attract foreign direct investments</li>
 <li>WFH provision can be extended to maximum 50 per cent of total employees including contractual employees of the unit</li>
</ul>

Work from Home: Centre announces new rule in Special Economic Zone; check details

WorkFromHome

Tamilnadu

WestBengal

Kerala

CentralGovernment

Key Republicans are warming up to passing a bill that provides roughly $52 billion in incentives for the semiconductor industry now that Sen. Joe Manchin of West Virginia has quashed the idea of imposing higher taxes on the rich and corporations as part of a separate Democratic-only effort. Three weeks ago, the computer chips bill looked like it could be in trouble despite having bipartisan support. That's when Senate Republican leader Mitch McConnell said there would be no such bill as long as Democrats pursued what he called a “partisan reconciliation bill. But Manchin's decision to dramatically narrow the Democratic effort and axe the tax hikes appears to have opened the window for Republican cooperation on semiconductors. Sen. John Cornyn, R-Texas, who endorsed McConnell’s approach, said on the Senate floor Monday that Manchin’s announcement on taxes means “we’re in a posture where we can go forward with the chips funding and other related provisions.”,“I hope we will be able to take action on that in the coming days, Cornyn said. The Biden administration is pressing Congress to move quickly on the semiconductor legislation before they leave for their month-long August recess. Commerce Secretary Gina Raimondo said that chipmakers are making decisions now about where they need to locate plants to keep up with global demand, and that foreign competitors are courting those companies with financial aid. ,“It does nothing to protect the United States economy or national security to have another fab or manufacturing facility located somewhere else around the world, Cornyn said. “We need them here. The bill coming before the Senate this week is much narrower than legislation that both chambers had passed this Congress. The stripped-down measure contains the $52 billion in financial incentives and research, plus another $1.5 billion for a fund that would encourage competition to companies like Huawei in building 5G networks. The bill will also institute a 25% investment tax credit for investments in semiconductor manufacturing. ,The legislation would also prohibit aid recipients from expanding or building new manufacturing plans for certain advanced semiconductors in China or another foreign country of concern, according to a draft of the legislation obtained by The Associated Press. ,Senate Majority Leader Chuck Schumer told senators Monday that he wants lawmakers from the House and Senate to continue working on a broader bill to boost the semiconductor industry and scientific research in the U.S. but for now, he plans to hold the first procedural vote on the narrower measure Tuesday. He said manufacturers are “not going to wait around forever. Countless of good paying American jobs are on the line. Billions of dollars in economic activity are on the line. And as I said, our very national security is at stake, Schumer said. ,The Biden administration has touted the financial incentives for the computer chip industry as a way to create jobs in the U.S. while also relieving inflation pressures in the long-term on automobiles, computers and other high-tech products that rely on computer chips.

{\"time\":1658186086030,\"strCount\":3526,\"blocks\":[{\"type\":\"paragraph\",\"data\":{\"text\":\"Key <a href=\\\"https://opoyi.com/topics/republicans/\\\">Republicans</a> are warming up to passing a bill that provides roughly $52 billion in incentives for the semiconductor industry now that Sen. Joe Manchin of West Virginia has quashed the idea of imposing higher taxes on the rich and corporations as part of a separate Democratic-only effort.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Three weeks ago, the computer chips bill looked like it could be in trouble despite having bipartisan support. That's when <a href=\\\"https://opoyi.com/topics/senate/\\\">Senate</a> <a href=\\\"https://opoyi.com/topics/republican/\\\">Republican</a> leader Mitch McConnell said there would be no such bill as long as <a href=\\\"https://opoyi.com/topics/democrats/\\\">Democrats</a> pursued what he called a “partisan reconciliation bill.\\\" But Manchin's decision to dramatically narrow the Democratic effort and axe the tax hikes appears to have opened the window for Republican cooperation on semiconductors.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Sen. John Cornyn, R-Texas, who endorsed McConnell’s approach, said on the Senate floor Monday that Manchin’s announcement on taxes means “we’re in a posture where we can go forward with the chips funding and other related provisions.”\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"“I hope we will be able to take action on that in the coming days,\\\" Cornyn said.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The <a href=\\\"https://opoyi.com/topics/biden/\\\">Biden</a> administration is pressing <a href=\\\"https://opoyi.com/topics/congress/\\\">Congress</a> to move quickly on the semiconductor legislation before they leave for their month-long August recess. <a href=\\\"https://opoyi.com/topics/commerce/\\\">Commerce</a> Secretary Gina Raimondo said that chipmakers are making decisions now about where they need to locate plants to keep up with global demand, and that foreign competitors are courting those companies with financial aid. \"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"“It does nothing to protect the United States economy or national security to have another fab or manufacturing facility located somewhere else around the world,\\\" Cornyn said. “We need them here.\\\"\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The bill coming before the Senate this week is much narrower than legislation that both chambers had passed this Congress. The stripped-down measure contains the $52 billion in financial incentives and research, plus another $1.5 billion for a fund that would encourage competition to companies like <a href=\\\"https://opoyi.com/topics/huawei/\\\">Huawei</a> in building 5G networks. The bill will also institute a 25% investment tax credit for investments in semiconductor manufacturing. \"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The legislation would also prohibit aid recipients from expanding or building new manufacturing plans for certain advanced semiconductors in China or another foreign country of concern, according to a draft of the legislation obtained by The Associated Press. \"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Senate Majority Leader Chuck Schumer told senators Monday that he wants lawmakers from the House and Senate to continue working on a broader bill to boost the semiconductor industry and scientific research in the U.S., but for now, he plans to hold the first procedural vote on the narrower measure Tuesday. He said manufacturers are “not going to wait around forever.\\\"\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"\\\"Countless of good paying American jobs are on the line. Billions of dollars in economic activity are on the line. And as I said, our very national security is at stake,\\\" Schumer said. \"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The Biden administration has touted the financial incentives for the computer chip industry as a way to create jobs in the U.S. while also relieving inflation pressures in the long-term on automobiles, computers and other high-tech products that rely on computer chips.\"}}]}

Rwit 

<ul>
 <li>The earlier version of the Bill included higher taxes on the rich and corporations</li>
 <li>The new version contains $52 billion in financial incentives, $1.5 billion to encourage competition</li>
 <li>The hope is that the bill will create new jobs in the U.S.</li>
</ul>

$52B computer chip bill may pass as Republicans warm to incentives

Senate

JoeManchin

WestVirginia

MitchMcConnell

Democrats

Biden

GinaRaimondo

UnitedStates

Huawei

China

ChuckSchumer

Technology

The Department of Pre-University Education of Karnataka on Saturday declared the results of Class 12 students. Simran Sesha Rao topped the Science stream with 598 marks while Neelu Singh topped the Commerce stream with 596 marks. With 594 marks, Shweta Bhimashankar Bhairagond was the Arts topper. ,Also Read: UPSC Civil Services toppers: A look at top 35 Rank holders,Check out the Science, Commerce, and Arts toppers list here along with their marks- ,Science -,Simran Sesha Rao 598,Ilham 597,Saichirag B 597,Srikrishna Pejathaya P S 597,Bhavya Nayak 597,Omkar Prabhu 596,Mohammed Qhizer 596,U S Advaith Sharma 596,Gaurav Chandan 596,Medha K S Puranik 596,Vijetha Nagraj Bhat 596,Sahana Bhat 596,A Kishore 596,Also Read: NEET 2022 application form out: Check eligibility, exam pattern, how to apply,Commerce - ,Neelu Singh 596,Akash Das 596,Neha B R 596,Maanav Vinay Kejriwal 596,Hitesh S 595,Sahana T R 595,Pavithra K 595,Samarth Vishwanath Joshi 595,Anisha Mallya 595,Aachal Praveen Ullal 595,Also Read: Women win big in UPSC results, grab top 3 spots,Arts - ,Shweta Bhimashankar Bhairagond 594,Madivalara Sahana 594,Sanika Ravishankar 593,Ninganna Agasar 593,Shivaraj 593,G Mounesha 593,H Santhosha 592,Poornima Ujjini 591,Sammeer 591,Shantha G 591,Kaveri Jaggal 591,Also Read: Bangalore University students shocked after scoring 89 marks out of 70,The Science stream recorded a pass percentage of 72.53 while the Commerce stream recorded a 64.97% pass percentage. Arts' pass percentage stood just above 48. ,The pass percentage for girls is 68.72%, while the pass percentage for boys is 55.22%. ,The examination was held at various test centers from April 22 to May 18, 2022, across the state and saw over 7 lakh students taking the exams. ,The results can be checked on karresults.nic.in.

{\"time\":1655542795617,\"strCount\":2431,\"blocks\":[{\"type\":\"paragraph\",\"data\":{\"text\":\"The&nbsp;Department of Pre-University Education of <a href=\\\"https://opoyi.com/topics/karnataka/\\\">Karnataka</a> on Saturday declared the results of Class 12 students. Simran Sesha Rao topped the Science stream with 598 marks while Neelu Singh topped the <a href=\\\"https://opoyi.com/topics/commerce/\\\">Commerce</a> stream with 596 marks. With 594 marks,&nbsp;Shweta Bhimashankar Bhairagond was the Arts topper.&nbsp;\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read:&nbsp;<a href=\\\"https://opoyi.com/india/upsc-civil-services-toppers-a-look-at-top-35-rank-holders-523840/\\\">UPSC Civil Services toppers: A look at top 35 Rank holders</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Check out the Science, Commerce, and Arts toppers list here along with their marks-&nbsp;\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Science -\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Simran Sesha Rao\\t598\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Ilham\\t597\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Saichirag B\\t597\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Srikrishna Pejathaya P S\\t597\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Bhavya Nayak\\t597\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Omkar Prabhu\\t596\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Mohammed Qhizer\\t596\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"U S Advaith Sharma\\t596\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Gaurav Chandan\\t596\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Medha K S Puranik\\t596\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Vijetha Nagraj Bhat\\t596\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Sahana Bhat\\t596\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"A Kishore\\t596\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read:&nbsp;<a href=\\\"https://opoyi.com/education/neet-2022-application-form-out-check-eligibility-exam-pattern-how-to-apply-113538/\\\">NEET 2022 application form out: Check eligibility, exam pattern, how to apply</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Commerce -&nbsp;\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Neelu Singh\\t596\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Akash Das\\t596\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Neha B R\\t596\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Maanav Vinay Kejriwal\\t596\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Hitesh S\\t595\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Sahana T R\\t595\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Pavithra K\\t595\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Samarth Vishwanath Joshi\\t595\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Anisha Mallya\\t595\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Aachal Praveen Ullal\\t595\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read:&nbsp;<a href=\\\"https://opoyi.com/education/upsc-civil-service-final-result-2021-announced-women-bag-1-2-3-ranks-500559/\\\">Women win big in UPSC results, grab top 3 spots</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Arts -&nbsp;\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Shweta Bhimashankar Bhairagond\\t594\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Madivalara Sahana\\t594\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Sanika Ravishankar\\t593\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Ninganna Agasar\\t593\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Shivaraj\\t593\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"G Mounesha\\t593\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"H Santhosha\\t592\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Poornima Ujjini\\t591\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Sammeer\\t591\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Shantha G\\t591\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Kaveri Jaggal\\t591\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read:&nbsp;<a href=\\\"https://opoyi.com/offbeat/bangalore-university-students-shocked-after-scoring-89-marks-out-of-70-496646/\\\">Bangalore University students shocked after scoring 89 marks out of 70</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The Science stream recorded a&nbsp;pass percentage of&nbsp;72.53 while the Commerce stream recorded a 64.97% pass percentage. Arts'&nbsp;pass percentage stood just above 48.&nbsp;\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The pass percentage for girls is 68.72%, while the pass percentage for boys is 55.22%.&nbsp;\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The examination was held at various test centers from April 22 to May 18, 2022, across the state and saw over 7 lakh students taking the exams.&nbsp;\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The results can be checked on karresults.nic.in.\"}}]}

Vaishnavi Vaidyanathan

<ul>
 <li>Over 7 lakh students took the exams</li>
 <li>The Science stream recorded a&nbsp;pass percentage of&nbsp;72.53</li>
 <li>Arts'&nbsp;pass percentage stood just above 48</li>
</ul>

Opoyi Buzz

Karnataka 2nd PUC results out: Science, Commerce and Arts toppers list

ExamResult

Karnataka

Science

examination

Devanshu Singla

India’s trade deficit widened to a record $23.33 billion in May 2022 as imports grew at a faster pace than exports amid high commodity prices due to the Russia-Ukraine war, according to the preliminary data released by the Ministry of Commerce and Industry. The previous highest monthly trade deficit was $22.91 billion in November 2021. The deficit stood at $6.28 billion in May 2021. Also Read | Why Elon Musk wants to slash 10% of Tesla's workforce,Imports increased 56.14% to $60.62 billion in May on account of a sharp jump in petroleum products amid rising global crude oil prices. Petroleum and crude oil imports during May 2022 surged 91.6% to $18.14 billion. Gold imports saw a 759% rise to $5.8 billion and electronic goods jump 28.5% to $5.44 billion. Coal, coke and briquettes imports grew by 2.6 times to $5.3 billion, as against $2 billion in May 2021. Also Read | Explained: Impact of MPC meeting on stock market,India’s merchandise exports surged 15.46% year on year to $37.29 billion in May. Export growth declined by 7.2% compared to last month, after witnessing record outbound shipments of over $40 billion in March and April. Among the top 10 major commodity groups covering 81% of total exports in May, all sectors except plastics, cotton yarns, and fabrics saw increases. Engineering goods, petroleum products, gems and jewellery, and organic and inorganic chemicals were the top exported goods. Also Read | UPI transactions cross Rs 10 lakh crore milestone in May,Exports of chemicals rose by 12% to $2.5 billion in the month under review. Similarly, exports of pharma and ready-made garments of all textiles grew by 5.78% and 23% to $1.98 billion and $1.36 billion respectively. Despite the global headwinds, Indian engineering exports stood at $9.29 billion in May, posting growth of 7.84% year on year, showing that the sector was standing on firm footing and could withstand challenges, said Mahesh Desai, Chairman of Engineering Export Promotion Council India. Also Read | Elon Musk forces return to office: Tesla CEO's toxic work culture in focus,He added that in the short and medium-term, there were concerns regarding demand slowdown in advanced economies which could potentially dent the ongoing momentum. ,In April 2022, the World Trade Organisation (WTO) slashed its global trade forecast to 3% in 2022 from its earlier projection of 4.7% due to the ongoing conflict between Russia and Ukraine and Covid-19 curbs in China. The international trade body has said the prospects for the global economy had darkened since the outbreak of war in Ukraine. Also Read | Who is Javier Olivan?,While India was able to beat the $400 billion export target in fiscal 2022, government officials said it might take some more time to fix the current financial year’s target as the geopolitical tensions had caused uncertainty among various sectors.

{\"time\":1654270856297,\"strCount\":3767,\"blocks\":[{\"type\":\"paragraph\",\"data\":{\"text\":\"India’s trade deficit widened to a record $23.33 billion in May 2022 as imports grew at a faster pace than exports amid high commodity prices due to the <a href=\\\"https://opoyi.com/world/heres-how-much-the-war-in-ukraine-is-costing-russia-each-day-330026/\\\">Russia-Ukraine war</a>, according to the preliminary data released by the Ministry of Commerce and Industry.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The previous highest monthly trade deficit was $22.91 billion in November 2021. The deficit stood at $6.28 billion in May 2021.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/business/why-elon-musk-wants-to-slash-10-of-teslas-workforce-346891/\\\">Why Elon Musk wants to slash 10% of Tesla's workforce</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Imports increased 56.14% to $60.62 billion in May on account of a sharp jump in <a href=\\\"https://opoyi.com/topics/fuelprices/\\\">petroleum</a> products amid rising global <a href=\\\"https://opoyi.com/topics/crudeoil/\\\">crude oil</a> prices. Petroleum and crude oil imports during May 2022 surged 91.6% to $18.14 billion.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"<a href=\\\"https://opoyi.com/topics/goldprice/\\\">Gold</a> imports saw a 759% rise to $5.8 billion and electronic goods jump 28.5% to $5.44 billion. Coal, coke and briquettes imports grew by 2.6 times to $5.3 billion, as against $2 billion in May 2021.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/india/explained-impact-of-mpc-meeting-on-stock-market-608957/\\\">Explained: Impact of MPC meeting on stock market</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"India’s merchandise exports surged 15.46% year on year to $37.29 billion in May. Export growth declined by 7.2% compared to last month, after witnessing record outbound shipments of over $40 billion in March and April.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Among the top 10 major commodity groups covering 81% of total exports in May, all sectors except plastics, cotton yarns, and fabrics saw increases. Engineering goods, petroleum products, gems and jewellery, and organic and inorganic chemicals were the top exported goods.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/business/upi-transactions-cross-rs-10-lakh-crore-milestone-in-may-159043/\\\">UPI transactions cross Rs 10 lakh crore milestone in May</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Exports of chemicals rose by 12% to $2.5 billion in the month under review. Similarly, exports of pharma and ready-made garments of all textiles grew by 5.78% and 23% to $1.98 billion and $1.36 billion respectively.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Despite the global headwinds, Indian engineering exports stood at $9.29 billion in May, posting growth of 7.84% year on year, showing that the sector was standing on firm footing and could withstand challenges, said Mahesh Desai, Chairman of Engineering Export Promotion Council <a href=\\\"https://opoyi.com/india/\\\">India</a>.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/business/elon-musk-forces-return-to-office-tesla-ceos-toxic-work-culture-in-focus-421717/\\\">Elon Musk forces return to office: Tesla CEO's toxic work culture in focus</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"He added that in the short and medium-term, there were concerns regarding demand slowdown in advanced economies which could potentially dent the ongoing momentum. \"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"In April 2022, the World Trade Organisation (WTO) slashed its global trade forecast to 3% in 2022 from its earlier projection of 4.7% due to the ongoing conflict between <a href=\\\"https://opoyi.com/topics/russia/\\\">Russia</a> and <a href=\\\"https://opoyi.com/topics/ukraine/\\\">Ukraine</a> and Covid-19 curbs in <a href=\\\"https://opoyi.com/topics/china/\\\">China</a>. The international trade body has said the prospects for the global economy had darkened since the outbreak of war in Ukraine.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/technology/who-is-javier-olivan-221739/\\\">Who is Javier Olivan?</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"While India was able to beat the $400 billion export target in fiscal 2022, government officials said it might take some more time to fix the current financial year’s target as the geopolitical tensions had caused uncertainty among various sectors.\"}}]}

<ul>
 <li>India’s trade deficit widened to a record $23.33 billion in May 2022</li>
 <li>The deficit stood at $6.28 billion in May 2021</li>
 <li>Imports increased 56.14% to $60.62 billion in May</li>
</ul>

Opoyi Business

Exports grew 15% in May, trade deficit widens to $23.33 billion

Business

Economy

IndiaNews

Finance

IndianEconomy

trade

Export

Ukraine

Russia

Asia

Europe

India’s sugar exports increased by a whopping 291% to $4.6 billion (around Rs 35,000 crore) in the financial year 2021-22 from $1.17 billion (about Rs 9,000 crore) in 2013-14, the Ministry of Commerce informed on Monday. India exported sugar to 121 countries across the globe, it added. According to Directorate General of Commercial Intelligence and Statistics (DGCI&S) data, Sugar exports jumped 65% in 2021-22 corresponding to the previous year. The growth was achieved despite logistical challenges posed by the Covid-19 pandemic in the form of high freight rates, container shortages etc said the commerce ministry. Also Read | Sugar stocks rush: Why Indian investors are high on ethanol,India had exported sugar worth $1.96 billion in 2019-20 and $2.79 billion in 2020-2021. The key markets for the exports included Indonesia, Bangladesh, Sudan and the UAE. ,In the first 11 months of fiscal 2022 (April-February), India has exported sugar worth $769 million to Indonesia, followed by Bangladesh ($561 million), Sudan ($530 million) and UAE ($270 million). India also exported sugar to Somalia, Saudi Arabia, Malaysia, Sri Lanka, Afghanistan, Iraq, Pakistan, Nepal, China, etc. Indian sweetener has also been imported by the USA, Singapore, Oman, Qatar, Turkey, Iran, Syria, Canada, Australia, South Africa, Germany, France, New Zealand, Denmark, Israel, Russia, Egypt, etc. Also Read | Textile orders from Sri Lanka diverting to India amid economic crisis,India is the world’s second-largest sugar producer after Brazil. Uttar Pradesh, Maharashtra and Karnataka account for nearly 80% of the total sugar production in the country. Other major sugarcane-producing states are Andhra Pradesh, Gujarat, Madhya Pradesh, Odisha, Tamil Nadu, Bihar, Haryana and Punjab. Since 2010-11, India has consistently produced surplus sugar, comfortably exceeding the domestic requirements. The record exports would enable the sugar producers to reduce their stocks and also benefit the sugarcane farmers, as the increased demand for Indian sugar is likely to improve their realizations, the ministry said. Also Read | Gold prices touch 1-month high as Ukraine situation dampens risk appetite,The commerce ministry said that despite the record exports, the closing stocks at the end of sugar season 2021-22 (October-September) would be at a comfortable level of 73 lakh tonnes. The government will continue to take all possible measures to maintain this upward trend in sugar exports.

{\"time\":1650306431898,\"strCount\":3143,\"blocks\":[{\"type\":\"paragraph\",\"data\":{\"text\":\"India’s <a href=\\\"https://opoyi.com/lifestyle/sugar-down-years-up-alternatives-to-sweeten-your-taste-buds-512411/\\\">sugar</a> exports increased by a whopping 291% to $4.6 billion (around Rs 35,000 crore) in the financial year 2021-22 from $1.17 billion (about Rs 9,000 crore) in 2013-14, the Ministry of Commerce informed\\non Monday. India exported sugar to 121 countries across the globe, it added.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"According to Directorate General of Commercial\\nIntelligence and Statistics (DGCI&amp;S) data, Sugar exports jumped 65% in\\n2021-22 corresponding to the previous year. The growth was achieved despite\\nlogistical challenges posed by the Covid-19 pandemic in the form of high\\nfreight rates, container shortages etc said the commerce ministry.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/india/sugar-stocks-rush-why-indian-investors-are-high-on-ethanol-494528/\\\">Sugar stocks rush: Why Indian investors are high on ethanol</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"India had exported sugar worth $1.96 billion in\\n2019-20 and $2.79 billion in 2020-2021. The key markets for the exports included Indonesia,\\nBangladesh, Sudan and the UAE. \"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"In the first 11 months of fiscal 2022 (April-February),\\nIndia has exported sugar worth $769 million to Indonesia, followed by\\nBangladesh ($561 million), Sudan ($530 million) and UAE ($270 million). India\\nalso exported sugar to Somalia, Saudi Arabia, Malaysia, Sri Lanka, Afghanistan,\\nIraq, Pakistan, Nepal, <a href=\\\"https://opoyi.com/world/chinas-q1-gdp-grows-48-year-on-year-beating-expectations-486435/\\\">China</a>, etc. Indian sweetener has also been imported by\\nthe USA, Singapore, Oman, Qatar, Turkey, Iran, Syria, Canada, Australia, South\\nAfrica, Germany, <a href=\\\"https://opoyi.com/topics/france/\\\">France</a>, New Zealand, Denmark, Israel, Russia, Egypt, etc.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/india/textile-orders-from-sri-lanka-diverting-to-india-amid-economic-crisis-187582/\\\">Textile orders from Sri Lanka diverting to India amid economic crisis</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"India is the world’s second-largest sugar producer after\\nBrazil. Uttar Pradesh, Maharashtra and <a href=\\\"https://opoyi.com/topics/karnataka/\\\">Karnataka</a> account for nearly 80% of the\\ntotal sugar production in the country. Other major sugarcane-producing states\\nare Andhra Pradesh, <a href=\\\"https://opoyi.com/topics/gujarat/\\\">Gujarat</a>, Madhya Pradesh, Odisha, Tamil Nadu, Bihar, Haryana\\nand Punjab.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Since 2010-11, India has consistently produced surplus\\nsugar, comfortably exceeding the domestic requirements. The record exports\\nwould enable the sugar producers to reduce their stocks and also benefit the\\nsugarcane farmers, as the increased demand for Indian sugar is likely to\\nimprove their realizations, the ministry said.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/world/gold-prices-touch-1-month-high-as-ukraine-situation-dampens-risk-appetite-479080/\\\">Gold prices touch 1-month high as Ukraine situation dampens risk appetite</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The commerce ministry said that despite the record\\nexports, the closing stocks at the end of sugar season 2021-22\\n(October-September) would be at a comfortable level of 73 lakh tonnes. The\\ngovernment will continue to take all possible measures to maintain this upward\\ntrend in sugar exports.\"}}]}

<ul>
 <li>India's sugar exports increased by 291% to $4.6 billion in 2021-22 from $1.17 billion in 2013-14</li>
 <li>India exported sugar to 121 countries across the globe</li>
 <li>Key markets for the exports included Indonesia, Bangladesh, Sudan and the UAE</li>
</ul>

India's sugar exports touch $4.6 billion in 2021-22, grows 291% since 2012-14

Sugar

UttarPradesh

PiyushGoyal

The United States and Australia criticised India for considering a Russian proposal that would undermine sanctions imposed by America and its allies, showing a deepening rift between the emerging security partners as Foreign Minister Sergei Lavrov travelled to Delhi for talks. ,Speaking to reporters in Washington on Wednesday, Commerce Secretary Gina Raimondo said, Now is the time to stand on the right side of history, and to stand with the United States and dozens of other countries, standing up for freedom, democracy and sovereignty with the Ukrainian people, and not funding and fuelling and aiding President Putin’s war. Also read: Russia-Ukraine war: All you need to know,Dan Tehan, Australia’s trade minister who also spoke at the briefing, said it was important for democracies to work together to keep the rules-based approach that we’ve had since the second world war. The comments reflect growing unease with India among fellow members of the Quad, a group of democracies seeking to counter China's assertiveness in the Asia-Pacific region that also includes the US, Australia and Japan. Also read: Russia- Ukraine talks to resume on April 1 as signs of optimism emerge,India is the world's largest buyer of Russian weapons, and has also sought to buy cheap oil as fuel prices surge. While India has supported calls for a cease-fire and a diplomatic solution, it abstained at the United Nations on votes for draft resolutions condemning Russia’s invasion that were ultimately vetoed by Moscow. Also read: Ukraine crisis: Russia bombards areas where it pledged to scale back,On Wednesday, Bloomberg reported that India is weighing a plan to make rupee-ruble-denominated payments using an alternative to SWIFT after the US and European Union cut off seven Russian banks from using the Belgium-based cross-border payment system operator. ,The Russian plan involves rupee-ruble-denominated payments using the country's messaging system SPFS and central bank officials from Moscow are likely to visit next week to discuss the details. No final decision has been taken. Also read: President Joe Biden announces $500 million aid to help Ukrainian military,India's middle-ground position on the war has left a raft of diplomacy in the past few weeks, with China's foreign minister visiting for the first time since 2019 and now Lavrov seeking to shore up support. At the same time, the US and its allies are also stepping up engagement in a bid to influence Prime Minister Narendra Modi's government. Also read: UK, Indian foreign ministers to meet today to discuss Russia-Ukraine war,India has pushed back against US concerns by noting that it needs Russian arms to counter China, particularly after border clashes in 2020, and alternatives are too expensive.

{\"time\":1648708743814,\"strCount\":3694,\"blocks\":[{\"type\":\"paragraph\",\"data\":{\"text\":\"The United States and <a href=\\\"https://opoyi.com/topics/australia/\\\">Australia</a> criticised <a href=\\\"https://opoyi.com/india/\\\">India</a> for considering a Russian proposal that would undermine sanctions imposed by <a href=\\\"https://opoyi.com/topics/america/\\\">America</a> and its allies, showing a deepening rift between the emerging security partners as Foreign Minister Sergei Lavrov travelled to Delhi for talks.&nbsp;\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Speaking to reporters in Washington on Wednesday, Commerce Secretary Gina Raimondo said, \\\"Now is the time to stand on the right side of history, and to stand with the United States and dozens of other countries, standing up for freedom, democracy and sovereignty with the Ukrainian people, and not funding and fuelling and aiding President Putin’s war.\\\"\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also read:&nbsp;<a href=\\\"https://opoyi.com/usa/russia-ukraine-war-all-you-need-to-know-667802/\\\">Russia-Ukraine war: All you need to know</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Dan Tehan, Australia’s trade minister who also spoke at the briefing, said it was important for democracies to work together \\\"to keep the rules-based approach that we’ve had since the second world war.\\\"\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The comments reflect growing unease with India among fellow members of the Quad, a group of democracies seeking to counter China's assertiveness in the Asia-Pacific region that also includes the <a href=\\\"https://opoyi.com/topics/us/\\\">US</a>, Australia and Japan.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also read:&nbsp;<a href=\\\"https://opoyi.com/world/russia-ukraine-talks-to-resume-on-april-1-as-signs-of-optimism-emerge-553878/\\\">Russia- Ukraine talks to resume on April 1 as signs of optimism emerge</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"India is the world's largest buyer of Russian weapons, and has also sought to buy cheap oil as fuel prices surge.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"While India has supported calls for a cease-fire and a diplomatic solution, it abstained at the United Nations on votes for draft resolutions condemning Russia’s invasion that were ultimately vetoed by <a href=\\\"https://opoyi.com/topics/moscow/\\\">Moscow</a>.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also read:&nbsp;<a href=\\\"https://opoyi.com/world/ukraine-crisis-russia-bombards-areas-where-it-pledged-to-scale-back-321545/\\\">Ukraine crisis: </a><a href=\\\"https://opoyi.com/topics/russia/\\\">Russia</a> bombards areas where it pledged to scale back\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"On Wednesday, Bloomberg reported that India is weighing a plan to make rupee-ruble-denominated payments using an alternative to SWIFT after the US and European Union cut off seven Russian banks from using the Belgium-based cross-border payment system operator.&nbsp;&nbsp;\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The Russian plan involves rupee-ruble-denominated payments using the country's messaging system SPFS and central bank officials from Moscow are likely to visit next week to discuss the details. No final decision has been taken.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also read:&nbsp;<a href=\\\"https://opoyi.com/world/president-joe-biden-announces-500-million-aid-to-help-ukrainian-military-239954/\\\">President Joe Biden announces $500 million aid to help Ukrainian military</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"India's middle-ground position on the war has left a raft of diplomacy in the past few weeks, with China's foreign minister visiting for the first time since 2019 and now Lavrov seeking to shore up support. At the same time, the US and its allies are also stepping up engagement in a bid to influence Prime Minister Narendra Modi's government.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also read:&nbsp;<a href=\\\"https://opoyi.com/india/uk-indian-foreign-ministers-to-meet-today-to-discuss-russia-ukraine-war-336864/\\\">UK, </a><a href=\\\"https://opoyi.com/india/n\\\">Indian</a> foreign ministers to meet today to discuss Russia-Ukraine war\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"India has pushed back against US concerns by noting that it needs Russian arms to counter <a href=\\\"https://opoyi.com/topics/china/\\\">China</a>, particularly after border clashes in 2020, and alternatives are too expensive.\"}}]}

<ul>
 <li>The comments reflect growing unease with India among fellow members of the Quad</li>
 <li>India is the world's largest buyer of Russian weapons</li>
 <li>The US and its allies are also stepping up engagement in a bid to influence PM Modi's government</li>
</ul>

'Deeply disappointing': United States slams India ahead of Russian FM Sergei Lavrov's visit

EuropeanUnion

America

Moscow

Australia

Washington

Japan

Belgium

JoeBiden

Putin

India has received around 347 foreign direct investment (FDI) proposals, worth close to Rs 75,951 crore from its neighbouring countries since April 18, 2020, the Parliament was informed on Wednesday. ,According to a PTI report, 66 of the 367 proposals have been approved by the government, while 193 have been rejected, closed, or withdrawn, said the Minister of State (MoS) for Commerce and Industry Som Parkash in a written reply to the Lok Sabha. Also Read | BSE registered investor accounts reach 10 crore landmark,Since 18th April 2020, 347 FDI proposals have been received by the government from countries sharing a land border with India or where the beneficial owner of investment into India is situated in or is a citizen of any such country...The value of investments proposed in the aforementioned proposals received by the government is approximately Rs 75,951 crore, he said. Also Read | Federal Reserve meeting: Key things to watch out for,In April 2020, the government had made its prior approval compulsory for foreign investments from countries that share a land border with India to control opportunistic takeovers of domestic firms following the COVID-19 pandemic. India shares land borders with China, Pakistan, Bangladesh, Nepal, Bhutan, Myanmar and Afghanistan. According to the decision, FDI proposals from these countries need prior approval from the government for investments in India in any sector. Also Read | Hindustan Aeronautics surges 8% on report of signing MoU with French firm,The 66 approved proposals include the following sectors: automobile (7), chemicals (5), computer software and hardware (3), pharma (4), education (1), electronics (8), food processing (2), information and broadcasting (1), machine tools (1), petroleum and natural gas (1), power (1), services sector (11), reported PTI. Also Read | 9 out of 10 Ukrainians stare at poverty if Russian offensive goes on: UNDP,The minister did not name any companies or countries in his statement. The aggregate value of investments for these 66 proposals was Rs 13,624.88 crore. Also Read | PNB reports fraud of over Rs 2000 crore in ITPCL NPA account,India has taken several steps targeting Chinese investments after border tensions between the two nations in 2020, including tightening scrutiny of investments or imports and banning some mobile apps.

{\"time\":1647451729718,\"strCount\":3080,\"blocks\":[{\"type\":\"paragraph\",\"data\":{\"text\":\"India has received around 347 foreign direct investment (FDI) proposals, worth close to Rs 75,951 crore from its neighbouring countries since April 18, 2020, the <a href=\\\"https://opoyi.com/topics/parliament/\\\">Parliament</a> was informed on Wednesday. \"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"According to a PTI report, 66 of the 367 proposals have been approved by the government, while 193 have been rejected, closed, or withdrawn, said the Minister of State (MoS) for Commerce and Industry Som Parkash in a written reply to the Lok Sabha.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/business/bse-registered-investor-accounts-reach-10-crore-landmark-508329/\\\">BSE registered investor accounts reach 10 crore landmark</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"\\\"Since 18th April 2020, 347 FDI proposals have been received by the government from countries sharing a land border with India or where the beneficial owner of investment into India is situated in or is a citizen of any such country...The value of investments proposed in the aforementioned proposals received by the government is approximately Rs 75,951 crore,\\\" he said.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/usa/federal-reserve-meeting-key-things-to-watch-out-for-108641/\\\">Federal Reserve meeting: Key things to watch out for</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"In April 2020, the government had made its prior approval compulsory for foreign investments from countries that share a land border with India to control opportunistic takeovers of domestic firms following the COVID-19 pandemic.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"India shares land borders with <a href=\\\"https://opoyi.com/topics/china/\\\">China</a>, <a href=\\\"https://opoyi.com/topics/pakistan/\\\">Pakistan</a>, Bangladesh, Nepal, Bhutan, Myanmar and <a href=\\\"https://opoyi.com/topics/afghanistan/\\\">Afghanistan</a>. According to the decision, FDI proposals from these countries need prior approval from the government for investments in India in any sector.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/world/hindustan-aeronautics-surges-8-on-report-of-signing-mou-with-french-firm-598663/\\\">Hindustan Aeronautics surges 8% on report of signing MoU with French firm</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The 66 approved proposals include the following sectors: automobile (7), chemicals (5), computer software and hardware (3), pharma (4), education (1), electronics (8), food processing (2), information and broadcasting (1), machine tools (1), petroleum and natural gas (1), power (1), services sector (11), reported PTI.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/world/9-out-of-10-ukrainians-stare-at-poverty-if-russian-offensive-goes-on-undp-337136/\\\">9 out of 10 Ukrainians stare at poverty if Russian offensive goes on: UNDP</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The minister did not name any companies or countries in his statement.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The aggregate value of investments for these 66 proposals was Rs 13,624.88 crore.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/business/pnb-reports-fraud-of-over-rs-2000-crore-in-itpcl-npa-account-540904/\\\">PNB reports fraud of over Rs 2000 crore in ITPCL NPA account</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"India has taken several steps targeting Chinese investments after border tensions between the two nations in 2020, including tightening scrutiny of investments or imports and banning some mobile apps.\"}}]}

<ul>
 <li>India has received around 347 FDI proposals from its neighbouring countries since April 18, 2020</li>
 <li>So far, 66 of the 367 proposals have been approved by the government</li>
 <li>The aggregate value of investments for these 66 proposals was Rs 13,624.88 crore</li>
</ul>

India approves 66 FDI proposals worth Rs 13,624 crore from its neighbours

Industry

Investment

Afghanistan

Chinese

Pakistan

Parliament

Bangladesh

Myanmar

Nepal

Bhutan

Sucharita Ganguly

Kyiv, Ukraine

Ukraine's government declared on Sunday that it has suspended the export of certain food products. Meat, rye, oats, buckwheat, sugar, millet and salt, exports will be halted, according to a Ukrainian government statement. According to the announcement, exports of wheat, corn, poultry, eggs, and oil will be permitted only with the approval of the Ministry of Economy. Also read: Ukraine, Russia to face off at World Court over genocide claims,As supply channels become increasingly problematic, supermarkets across the country are running out of vegetables. Ukraine has issued export licences for its important agricultural commodities wheat, corn, and sunflower oil, according to a government resolution cited by Interfax Ukraine on Sunday. According to the paper, traders would also require licences to export chickens and eggs, according to the agency. Ukraine is a major producer and exporter of grain and vegetable oils in the world. Also read: List of all companies that pulled out of Russia amid Ukraine crisis,The world's top exporter of sunflower oil has also stated that it will export more than 60 million tonnes of grain in the 2021/22 July-June season, including 33 million tonnes of corn and 23 million tonnes of wheat. Ukraine had stopped shipments of various agricultural items earlier on Sunday in response to Russia's invasion of the country. Exports of rye, oats, millet, buckwheat, salt, sugar, meat, and livestock have been halted. State-run Meanwhile, Ukrainian Railways has stated that it is prepared to organise agricultural exports by rail as soon as possible following the shutdown of the country's Black Sea ports due to the armed assault. Also read: Macron discuss nuclear plant safety in Ukraine with Putin, updates Zelensky,Ukraine has always shipped grain, vegetable oils, and other food products. Ukrainian Railways stated that it may bring grain to the borders of Romania, Hungary, Slovakia, and Poland, from which it may be transferred to European ports and logistics centres. As of Feb. 23, Ukraine had exported 43 million tonnes of various grains in the 2021/22 season, according to the agriculture ministry. Ukraine raised grain production by 32% to 85.7 million tonnes in 2021.

{\"time\":1646616906851,\"strCount\":3403,\"blocks\":[{\"type\":\"paragraph\",\"data\":{\"text\":\"<a href=\\\"https://opoyi.com/technology/volodymyr-zelensky-calls-russian-assault-on-ukraine-civilians-deliberate-murder-169431/\\\">Ukraine's government</a> declared on Sunday that it has suspended the export of certain food products.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"\\\"Meat, rye, oats, buckwheat, sugar, millet and salt,\\\" exports will be halted, according to a Ukrainian government statement.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"According to the announcement, exports of wheat, corn, poultry, eggs, and oil will be permitted only with the approval of the Ministry of Economy.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also read:&nbsp;<a href=\\\"https://opoyi.com/world/ukraine-russia-to-face-off-at-world-court-over-genocide-claims-647591/\\\">Ukraine, Russia to face off at World Court over genocide claims</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"As supply channels become increasingly problematic, supermarkets across the country are running out of vegetables.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Ukraine has issued export licences for its important agricultural commodities wheat, corn, and sunflower oil, according to a government resolution cited by Interfax Ukraine on Sunday.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"According to the paper, traders would also require licences to export chickens and eggs, according to the agency.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"<a href=\\\"https://opoyi.com/world/ukraine-russia-to-face-off-at-world-court-over-genocide-claims-647591/\\\">Ukraine</a> is a major producer and exporter of grain and vegetable oils in the world.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also read:&nbsp;<a href=\\\"https://opoyi.com/technology/all-companies-who-pulled-out-of-russia-amid-ukraine-crisis-272602/\\\">List of all companies that pulled out of Russia amid Ukraine crisis</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The world's top exporter of sunflower oil has also stated that it will export more than 60 million tonnes of grain in the 2021/22 July-June season, including 33 million tonnes of corn and 23 million tonnes of wheat.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"<a href=\\\"https://opoyi.com/usa/civilians-killed-in-kyiv-tv-radio-lines-bombed-in-kharkiv-as-russia-advances-595167/\\\">Ukraine</a> had stopped shipments of various agricultural items earlier on Sunday in response to Russia's invasion of the country. Exports of rye, oats, millet, buckwheat, salt, sugar, meat, and livestock have been halted.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"State-run Meanwhile, Ukrainian Railways has stated that it is prepared to organise agricultural exports by rail as soon as possible following the shutdown of the country's Black Sea ports due to the armed assault.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also read:&nbsp;<a href=\\\"https://opoyi.com/world/macron-and-putin-discuss-nuclear-plant-safety-in-ukraine-zelensky-gets-update-405147/\\\">Macron discuss nuclear plant safety in Ukraine with Putin, updates Zelensky</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"<a href=\\\"https://opoyi.com/world/russia-cuts-internet-in-zaporizhzhia-nuclear-watchdog-iaea-concerned-513485/\\\">Ukraine</a> has always shipped grain, vegetable oils, and other food products.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Ukrainian Railways stated that it may bring grain to the borders of <a href=\\\"https://opoyi.com/topics/romania/\\\">Romania</a>, <a href=\\\"https://opoyi.com/topics/hungary/\\\">Hungary</a>, <a href=\\\"https://opoyi.com/topics/slovakia/\\\">Slovakia</a>, and <a href=\\\"https://opoyi.com/topics/poland/\\\">Poland</a>, from which it may be transferred to European ports and logistics centres.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"As of Feb. 23, <a href=\\\"https://opoyi.com/world/russia-sowing-death-destruction-misery-pope-francis-on-ukraine-war-469806/\\\">Ukraine</a> had exported 43 million tonnes of various grains in the 2021/22 season, according to the agriculture ministry.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"<a href=\\\"https://opoyi.com/usa/us-europe-weigh-options-to-help-ukraine-if-government-goes-into-exile-581851/\\\">Ukraine</a> raised grain production by 32% to 85.7 million tonnes in 2021.\"}}]}

<ul>
 <li>Ukraine declared on Sunday that it has suspended the export of certain food products</li>
 <li>'Meat, rye, oats, buckwheat, sugar, millet and salt,' exports will be halted</li>
 <li>Ukraine has issued export licences for its important agricultural commodities wheat, corn, and sunflower oil</li>
</ul>

Ukraine restricts exports of some products amid risk of food shortages

Poland

Slovakia

BlackSea

Romania

Hungary

Ottawa, ON, Canada

Canadian lawmakers expressed increasing worry Tuesday about the economic effects of disruptive demonstrations after the busiest border crossing between the U.S. and Canada became partially blocked by truckers protesting vaccine mandates and other COVID-19 restrictions. The blockade at the Ambassador Bridge between Detroit and Windsor, Ontario, prevented traffic from entering Canada while some U.S.-bound traffic was still moving, Public Safety Minister Marco Mendicino said, calling the bridge one of the most important border crossings in the world. It carries 25% of all trade between Canada and the United States. Also Read: New Zealand COVID-19 protest convoy block streets near parliament,Canadian Transport Minister Omar Alghabra said such blockades will have serious implications on the economy and supply chains. I've already heard from automakers and food grocers. This is really a serious cause for concern, he said in Ottawa, the capital. Added Mendicino: Most Canadians understand there is a difference between being tired and fatigued with the pandemic and crossing into some other universe. Also Read: Canada Protestors move to crypto crowdfunding platform after GoFundMe ban,Speaking in an emergency debate late Monday in Parliament, Prime Minister Justin Trudeau said the protesters are trying to blockade our economy, our democracy. Auto parts and other goods were still flowing across the border Tuesday evening, despite the bridge delays. But trucks had to travel almost 70 miles north to the Blue Water Bridge connecting Sarnia, Ontario, to Port Huron, Michigan. Authorities at that bridge reported a nearly three-hour delay for trucks to cross. In total, the trip will take more than five hours longer than normal. Flavio Volpe, president of the Canadian Auto Parts Manufacturers Association, said the protesters have no right to park vehicles in the middle of roads. He questioned how many of the protesters were truckers because trucker associations and large logistics companies have disavowed the blockades. It is really a collection of kind of anti-government provocateurs, he said. The protests also threaten supplies of fresh produce, livestock and other food, Volpe said. Even a five-hour delay can cause production disruptions because factories are running so lean on part supplies with an already fragile supply chain, said Jeff Schuster, president of the LMC Automotive consulting firm in Troy, Michigan. Everything is so 'just-in-time' these days, he said. We're still dealing with parts shortages in general and supply chain issues. This is just another wrench in the industry that we're dealing with right now. Protesters also closed another important U.S.-Canada border crossing in Coutts, Alberta. The daily demonstrations staged by the so-called Freedom Truck Convoy are centered in Ottawa, where demonstrators have used hundreds of parked trucks to paralyze parts of the capital for more than 10 days. Protesters have said they will not leave until all vaccine mandates and COVID-19 restrictions are lifted. Protest organizers have been calling for weeks for the removal of Trudeau's government, although most of the restrictive measures were put in place by provincial governments. On Tuesday, the organizers withdrew an unlawful demand that the nation's governor general, the representative of Britain's Queen Elizabeth II as head of state, force federal and provincial governments to lift all COVID-19 restrictions, including vaccine mandates. They now say they support Canada's constitution and the democratic process. François Laporte, the president of Teamsters Canada, which represents over 55,000 drivers, including 15,000 long-haul truckers, said the protests do not represent the industry in which 90% of drivers are vaccinated. The Freedom Convoy and the despicable display of hate led by the political Right and shamefully encouraged by elected conservative politicians does not reflect the values of Teamsters Canada, nor the vast majority of our members, Laporte said in a statement. Canada's largest trucking company is virtually untouched by the vaccine mandate for truckers crossing the U.S.-Canada border, said Alain Bédard, chairman and CEO of TFI International Inc. Vaccination at TFI is not an issue at all, he said. The company's few unvaccinated drivers are kept in Canada. The protests have also infuriated people who live around downtown Ottawa, including neighborhoods near Parliament Hill, the seat of the federal government. Dave Weatherall, a federal civil servant, lives near the truckers' prime staging area in a city-owned parking lot outside of the downtown core. They're using the lot to terrorize people, he said. It's the first time since having kids that I've seriously wondered about the world we brought them into. I always figured they could handle most things the world will throw at them, but this feels different, he added. Ottawa's city manager said all tow-truck companies on contract with the city have refused to haul away the big rigs. Joel Lightbound, a lawmaker for Trudeau's Liberal Party, rebuked his leader Tuesday for dividing Canadians and said his government needs to create a road map for when coronavirus measures should be lifted. It is time we stopped dividing people, to stop pitting one part of the population against each other, Lightbound said. Trudeau said everyone is tired of COVID-19, and that the restrictions will not last forever. He noted that Canada has one of the highest vaccination rates in the world. This government has been focused every step of the way on following the best science, the best public health advice, to keep as many people as safe as possible. Frankly, it's worked, Trudeau said Tuesday. Pandemic restrictions have been far stricter in Canada than in the U.S. but Canadians have largely supported the measures. Canada's death rate is one third that of its neighbor. Meanwhile, the Canadian provinces of Saskatchewan, Quebec, Alberta and Prince Edward Island announced plans to lift some or all COVID-19 restrictions, with Alberta starting to remove some on Wednesday and Saskatchewan starting next week. Quebec's plan doesn't include an end to mask mandates or the vaccine passport system.

{\"time\":1644373586865,\"strCount\":6582,\"blocks\":[{\"type\":\"paragraph\",\"data\":{\"text\":\"Canadian lawmakers expressed increasing worry Tuesday about the economic effects of disruptive demonstrations after the busiest border crossing between the U.S. and Canada became partially blocked by truckers <a href=\\\"https://opoyi.com/world/canada-pushes-back-against-gop-support-for-covid-protests-508104/\\\">protesting vaccine mandates </a>and other COVID-19 restrictions.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The blockade at the Ambassador Bridge between Detroit and Windsor, Ontario, prevented traffic from entering Canada while some U.S.-bound traffic was still moving, Public Safety Minister Marco Mendicino said, calling the bridge \\\"one of the most important border crossings in the world.\\\" It carries 25% of all trade between Canada and the United States.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read:&nbsp;<a href=\\\"https://opoyi.com/health/new-zealand-covid-19-protest-convoy-block-streets-near-parliament-676094/\\\">New Zealand COVID-19 protest convoy block streets near parliament</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Canadian Transport Minister Omar Alghabra said such blockades will have serious implications on the economy and supply chains. \\\"I've already heard from automakers and food grocers. This is really a serious cause for concern,\\\" he said in Ottawa, the capital.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Added Mendicino: \\\"Most Canadians understand there is a difference between being tired and fatigued with the pandemic and crossing into some other universe.\\\"\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read:&nbsp;<a href=\\\"https://opoyi.com/world/canada-protestors-move-to-crypto-crowdfunding-platform-after-gofundme-ban-226134/\\\">Canada Protestors move to crypto crowdfunding platform after GoFundMe ban</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Speaking in an emergency debate late Monday in Parliament, Prime Minister Justin Trudeau said the protesters are \\\"trying to blockade our economy, our democracy.\\\"\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Auto parts and other goods were still flowing across the border Tuesday evening, despite the bridge delays. But trucks had to travel almost 70 miles north to the Blue Water Bridge connecting Sarnia, Ontario, to Port Huron, Michigan. Authorities at that bridge reported a nearly three-hour delay for trucks to cross. In total, the trip will take more than five hours longer than normal.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Flavio Volpe, president of the Canadian Auto Parts Manufacturers Association, said the protesters have no right to park vehicles in the middle of roads. He questioned how many of the protesters were truckers because trucker associations and large logistics companies have disavowed the blockades.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"\\\"It is really a collection of kind of anti-government provocateurs,\\\" he said.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The protests also threaten supplies of fresh produce, livestock and other food, Volpe said.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Even a five-hour delay can cause production disruptions because factories are running so lean on part supplies with an already fragile supply chain, said Jeff Schuster, president of the LMC Automotive consulting firm in Troy, Michigan.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"\\\"Everything is so 'just-in-time' these days,\\\" he said. \\\"We're still dealing with parts shortages in general and supply chain issues. This is just another wrench in the industry that we're dealing with right now.\\\"\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Protesters also closed another important U.S.-Canada border crossing in Coutts, Alberta.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The daily demonstrations staged by the so-called Freedom Truck Convoy are centered in Ottawa, where demonstrators have used hundreds of parked trucks to paralyze parts of the capital for more than 10 days. Protesters have said they will not leave until all vaccine mandates and COVID-19 restrictions are lifted.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Protest organizers have been calling for weeks for the removal of Trudeau's government, although most of the restrictive measures were put in place by provincial governments.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"On Tuesday, the organizers withdrew an unlawful demand that the nation's governor general, the representative of Britain's Queen Elizabeth II as head of state, force federal and provincial governments to lift all COVID-19 restrictions, including vaccine mandates. They now say they support Canada's constitution and the democratic process.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"François Laporte, the president of Teamsters Canada, which represents over 55,000 drivers, including 15,000 long-haul truckers, said the protests do not represent the industry in which 90% of drivers are vaccinated.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The Freedom Convoy \\\"and the despicable display of hate led by the political Right and shamefully encouraged by elected conservative politicians does not reflect the values of Teamsters Canada, nor the vast majority of our members,\\\" Laporte said in a statement.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Canada's largest trucking company is virtually untouched by the vaccine mandate for truckers crossing the U.S.-Canada border, said Alain Bédard, chairman and CEO of TFI International Inc.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"\\\"Vaccination at TFI is not an issue at all,\\\" he said. The company's few unvaccinated drivers are kept in Canada.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The protests have also infuriated people who live around downtown Ottawa, including neighborhoods near Parliament Hill, the seat of the federal government.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Dave Weatherall, a federal civil servant, lives near the truckers' prime staging area in a city-owned parking lot outside of the downtown core. \\\"They're using the lot to terrorize people,\\\" he said.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"\\\"It's the first time since having kids that I've seriously wondered about the world we brought them into. I always figured they could handle most things the world will throw at them, but this feels different,\\\" he added.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Ottawa's city manager said all tow-truck companies on contract with the city have refused to haul away the big rigs.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Joel Lightbound, a lawmaker for Trudeau's Liberal Party, rebuked his leader Tuesday for dividing Canadians and said his government needs to create a road map for when coronavirus measures should be lifted.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"\\\"It is time we stopped dividing people, to stop pitting one part of the population against each other,\\\" Lightbound said.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Trudeau said everyone is tired of COVID-19, and that the restrictions will not last forever. He noted that Canada has one of the highest vaccination rates in the world.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"\\\"This government has been focused every step of the way on following the best science, the best public health advice, to keep as many people as safe as possible. Frankly, it's worked,\\\" Trudeau said Tuesday.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Pandemic restrictions have been far stricter in Canada than in the U.S., but Canadians have largely supported the measures. Canada's death rate is one third that of its neighbor.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Meanwhile, the Canadian provinces of Saskatchewan, Quebec, Alberta and Prince Edward Island announced plans to lift some or all COVID-19 restrictions, with Alberta starting to remove some on Wednesday and Saskatchewan starting next week. Quebec's plan doesn't include an end to mask mandates or the vaccine passport system.\"}}]}

<ul>
 <li>The blockade at the Ambassador Bridge between Detroit and Windsor, Ontario, prevented traffic from entering Canada</li>
 <li>The bridge "one of the most important border crossings in the world"</li>
 <li>It carries 25% of all trade between Canada and the United States.</li>
</ul>

COVID protests threaten border trade between Canada, US

Canada

covid19

New York, NY, USA

Berkshire Hathaway Inc (BRKa.N), run by billionaire Warren Buffett, on Friday said its workforce has grown by about 12,000, recovering jobs it lost earlier in the novel coronavirus pandemic. The Omaha, Nebraska-based insurance and investment company said its dozens of businesses now have about 372,000 employees, up from 360,174 at the end of 2020. Also read: Britain gives go-ahead for the US extradition of Autonomy founder Mike Lynch,Berkshire had shed more than 31,000 jobs in 2020 as economies slumped and demand for many goods and services fell. The decline included about 13,400 jobs at Berkshire's Precision Castparts aircraft parts unit and 5,600 at the BNSF railroad. According to Commerce Department data, the jobs were added last year as the U.S. economy grew at the fastest pace since 1984. Also read: Chris Brown sued for rape by choreographer, musician reacts,Reuters reported that Berkshire did not immediately respond to a request for comment sent to Buffett's assistant. Other Berkshire units with large workforces include auto insurer Geico, Fruit of the Loom underwear, McLane food delivery, several energy businesses, and Clayton Homes. Also read: India bought Israeli's Pegasus as part of $2 billion defence deal in 2017: Report,Berkshire disclosed its recent job count in a registration statement for the sale of bonds. Buffett, 91, is expected to discuss Berkshire's performance in his annual shareholder letter on Feb. 26, when the company will also release year-end results. Also read: China's ambassador to the United States warn of 'military conflict' over Taiwan independence,Analysts on average expect full-year operating profit to exceed the previous $24.8 billion high set in 2018. Operating profit totaled $21.9 billion in 2020.

{\"time\":1643440267218,\"strCount\":2231,\"blocks\":[{\"type\":\"paragraph\",\"data\":{\"text\":\"Berkshire Hathaway Inc (BRKa.N), run by billionaire Warren Buffett, on Friday said its workforce has grown by about 12,000, recovering jobs it lost earlier in the novel coronavirus pandemic.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The Omaha, Nebraska-based insurance and investment company said its dozens of businesses now have about 372,000 employees, up from 360,174 at the end of 2020.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also read:&nbsp;<a href=\\\"https://opoyi.com/world/britain-gives-go-ahead-for-the-us-extradition-of-autonomy-founder-mike-lynch-211946/\\\">Britain gives go-ahead for the US extradition of Autonomy founder Mike Lynch</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Berkshire had shed more than 31,000 jobs in 2020 as economies slumped and demand for many goods and services fell. The decline included about 13,400 jobs at Berkshire's Precision Castparts aircraft parts unit and 5,600 at the BNSF railroad.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"According to Commerce Department data, the jobs were added last year as the U.S. economy grew at the fastest pace since 1984.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also read:&nbsp;<a href=\\\"https://opoyi.com/world/chris-brown-sued-for-rape-by-choreographer-640397/\\\">Chris Brown sued for rape by choreographer, musician reacts</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Reuters reported that Berkshire did not immediately respond to a request for comment sent to Buffett's assistant.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Other Berkshire units with large workforces include auto insurer Geico, Fruit of the Loom underwear, McLane food delivery, several energy businesses, and Clayton Homes.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also read:&nbsp;<a href=\\\"https://opoyi.com/world/india-bought-israelis-pegasus-as-part-of-2-billion-defence-deal-in-2017-report-118272/\\\">India bought Israeli's Pegasus as part of $2 billion defence deal in 2017: Report</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Berkshire disclosed its recent job count in a registration statement for the sale of bonds.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Buffett, 91, is expected to discuss Berkshire's performance in his annual shareholder letter on Feb. 26, when the company will also release year-end results.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also read:&nbsp;<a href=\\\"https://opoyi.com/india/chinas-ambassador-to-the-united-states-warn-of-military-conflict-over-taiwan-independence-110970/\\\">China's ambassador to the United States warn of 'military conflict' over Taiwan independence</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Analysts on average expect full-year operating profit to exceed the previous $24.8 billion high set in 2018. Operating profit totaled $21.9 billion in 2020.\"}}]}

<ul>
 <li>Berkshire disclosed its recent job count in a registration statement for the sale of bonds</li>
 <li>Buffett is expected to discuss Berkshire's performance in his annual shareholder letter on February 26</li>
 <li>The jobs were added last year as the U.S. economy grew at the fastest pace since 1984</li>
</ul>

Berkshire Hathaway Inc says it has added 12,000 jobs to recover from COVID 19 pandemic

Jobs

As investors anticipate efforts by the Federal Reserve to boost interest rates, stocks fell broadly in morning trading on Wall Street Monday. Bond yields continued to rise. As of 10:26 a.m. Eastern, the S&P 500 was down 1.8 percent. The Nasdaq sank 2.3 percent and the Dow Jones Industrial Average fell 523 points, or 1.5 percent, to 35,716. Also read: Stocks wobble as traders weigh outlook for rates, inflation,The broader market was once again headed lower by technology stocks. Throughout January, the sector has been the greatest drag on the market. Because of their massive size, big technology stocks have a disproportionate impact on the S&P 500. Microsoft was down 2.5 percent, while Apple was down 2.1 percent. The Federal Reserve is being eagerly watched by Wall Street for signs as to when it will boost interest rates. The central bank has previously stated that it will reduce its bond purchases, which have aided in keeping interest rates low. Also read: More weakness in tech stocks pulls Wall Street mostly lower,Higher interest rates make stocks of expensive tech and other pricy growth businesses less appealing to investors, which is why the sector has been falling as bond yields have risen. The 10-year Treasury yield increased to 1.80 percent from 1.76 percent late Friday. Every sector in the benchmark S&P 500 declined, albeit sectors perceived to be less hazardous, such as utilities and manufacturers of consumer goods, fared better than the rest of the market. Elsewhere in the market a mix of deal news and financial updates moved several large stocks. Also read: US stocks turn mixed ahead of economic reports and earnings,Take-Two Interactive, maker of “Grand Theft Auto”, plunged 14.4% after announcing a deal to buy Zynga, which makes “Words With Friends” and “Farmville and jumped 44.7%. Athletic apparel maker Lululemon Athletica fell 5.6% after warning investors that a surge in virus cases hurt its fourth-quarter financial results. Medical products maker and distributor Cardinal Health fell 9.5% after saying that supply chain problems will hurt profits for its medical segment. Investors have a busy week of economic reports and corporate earnings. Also read: 2021 sees big gains for Wall Street, global stocks soar high,On Wednesday, the Labor Department will give Wall Street an update on how inflation is impacting prices with its Consumer Price Index for December. The agency will release details on how inflation is impacting businesses with its Producer Price Index for December on Thursday. On Friday, Citigroup, JPMorgan Chase and Wells Fargo will report their latest quarterly financial results. (with inputs from AP)

{\"time\":1641831292368,\"strCount\":3452,\"blocks\":[{\"type\":\"paragraph\",\"data\":{\"text\":\"As investors anticipate efforts by the Federal Reserve to boost interest rates, <a href=\\\"https://opoyi.com/business/stocks-wobble-as-traders-weigh-outlook-for-rates-inflation-405471/\\\">stocks</a> fell broadly in morning trading on Wall Street Monday. Bond yields continued to rise.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"As of 10:26 a.m. Eastern, the S&amp;P 500 was down 1.8 percent. The Nasdaq sank 2.3 percent and the Dow Jones Industrial Average fell 523 points, or 1.5 percent, to 35,716.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also read:&nbsp;<a href=\\\"https://opoyi.com/business/stocks-wobble-as-traders-weigh-outlook-for-rates-inflation-405471/\\\">Stocks wobble as traders weigh outlook for rates, inflation</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The broader market was once again headed lower by <a href=\\\"https://opoyi.com/usa/more-weakness-in-tech-stocks-pulls-wall-street-mostly-lower-478690/\\\">technology stocks</a>. Throughout January, the sector has been the greatest drag on the market. Because of their massive size, big technology stocks have a disproportionate impact on the S&amp;P 500. Microsoft was down 2.5 percent, while Apple was down 2.1 percent.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The Federal Reserve is being eagerly watched by <a href=\\\"https://opoyi.com/business/2021-sees-big-gains-for-wall-street-global-stocks-soar-high-487251/\\\">Wall Street</a> for signs as to when it will boost interest rates. The central bank has previously stated that it will reduce its bond purchases, which have aided in keeping interest rates low.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also read:&nbsp;<a href=\\\"https://opoyi.com/usa/more-weakness-in-tech-stocks-pulls-wall-street-mostly-lower-478690/\\\">More weakness in tech stocks pulls Wall Street mostly lower</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Higher interest rates make stocks of expensive tech and other pricy growth businesses less appealing to investors, which is why the sector has been falling as bond yields have risen.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The 10-year Treasury yield increased to 1.80 percent from 1.76 percent late Friday.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Every sector in the benchmark S&amp;P 500 declined, albeit sectors perceived to be less hazardous, such as utilities and manufacturers of consumer goods, fared better than the rest of the market.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Elsewhere in the market a mix of deal news and financial updates moved several large stocks.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also read:&nbsp;<a href=\\\"https://opoyi.com/usa/us-stocks-turn-mixed-ahead-of-economic-reports-and-earnings-321900/\\\">US stocks turn mixed ahead of economic reports and earnings</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"<a href=\\\"https://apnews.com/article/technology-business-zynga-inc-aabda0ca76c6fdad9b1b11ae3d1af7a0\\\">Take-Two Interactive</a>, maker of “Grand Theft Auto”, plunged 14.4% after announcing a deal to buy Zynga, which makes “Words With Friends” and “Farmville\\\" and jumped 44.7%.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Athletic apparel maker Lululemon Athletica fell 5.6% after warning investors that a surge in virus cases hurt its fourth-quarter financial results. Medical products maker and distributor Cardinal Health fell 9.5% after saying that supply chain problems will hurt profits for its medical segment.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Investors have a busy week of economic reports and corporate earnings.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also read:&nbsp;<a href=\\\"https://opoyi.com/business/2021-sees-big-gains-for-wall-street-global-stocks-soar-high-487251/\\\">2021 sees big gains for Wall Street, global stocks soar high</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"On Wednesday, the Labor Department will give Wall Street an update on how inflation is impacting prices with its Consumer Price Index for December. The agency will release details on how inflation is impacting businesses with its Producer Price Index for December on Thursday.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"On Friday, Citigroup, JPMorgan Chase and Wells Fargo will report their latest quarterly financial results.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"(with inputs from AP)\"}}]}

<ul>
 <li>Stocks fell broadly in morning trading on Wall Street Monday</li>
 <li>Investors anticipate efforts by the Federal Reserve to boost interest rates</li>
 <li>The broader market was headed lower by technology stocks</li>
</ul>

Technology sector leads stocks lower again on Wall Street

NYSE

StockExchange

ShareMarket

FederalReserve

WallStreet

The U.S. trade deficit surged to a near-record high of $80.2 billion in November as exports slowed at the same time that imports jumped sharply. Also read: Capitol riots: Breaking down Trump's '3 lies' unveiled by Joe Biden,The November deficit was 19.3% higher than the October deficit of $67.2 billion and was just below the all-time monthly record of $81.4 billion set in September, the Commerce Department reported Thursday. November imports, goods Americans bought from other countries, jumped 4.% to $304.4 billion in November while exports, those the U.S. sends overseas, edged up a scant 0.2% to $224.2 billion. Through the first 11 months of 2021, the U.S. trade deficit is 28.6% higher than during the same period last year with the economic recovery in the United States outpacing other nations, as is the readiness of Americans to spend. For all of 2020, the U.S. trade deficit stood at $676.7 billion, a slight 0.1% above the 2019 figure. Also read: Corrupt elections, insane policies: Trump hits back after Biden’s Jan 6 address,The politically sensitive deficit with China in goods rose 2.9% to $32.3 billion in November and is up 12.8% for the first 11 months of this year compared to the same period in 2020,The United States and China, the world's two largest economies, engaged in a contentious trade battle under former President Donald Trump, who accused China of unfair trade practices that had cost millions of American jobs. Each country imposed tit-for-tat punitive tariffs on its economic rival. So far, the Biden administration has taken a more cautious approach in its economic dealings with China. Michael Pierce, senior U.S. economist at Capital Economics, said that the sharp jump in November's trade deficit means that trade will be a small drag on the overall U.S. economy in the October-December quarter. Also read: Trump has ‘a bruised ego’: Biden slams predecessor in scathing Jan 6 address,Pierce forecast growth, as measured by the gross domestic product, would be around 4.5% in the fourth quarter, an improvement from the modest 2.3% in the third quarter but below expectations for much stronger growth before the omicron variant hit. Other economists are more optimistic, predicting growth will come in between 6% and 7% in the October-December period. The government will release its first look at fourth quarter GDP on Jan. 27.

{\"time\":1641485647344,\"strCount\":2684,\"blocks\":[{\"type\":\"paragraph\",\"data\":{\"text\":\"The U.S. trade deficit surged to a near-record high of $80.2 billion in November as exports slowed at the same time that imports jumped sharply.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also read:&nbsp;<a href=\\\"https://opoyi.com/usa/capitol-riots-breaking-down-trumps-3-lies-unveiled-by-joe-biden-206650/\\\">Capitol riots: Breaking down Trump's '3 lies' unveiled by Joe Biden</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The November deficit was 19.3% higher than the October deficit of $67.2 billion and was just below the all-time monthly record of $81.4 billion set in September, the Commerce Department reported Thursday.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"November imports, goods Americans bought from other countries, jumped 4.% to $304.4 billion in November while exports, those the U.S. sends overseas, edged up a scant 0.2% to $224.2 billion.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Through the first 11 months of 2021, the U.S. trade deficit is 28.6% higher than during the same period last year with the economic recovery in the United States outpacing other nations, as is the readiness of Americans to spend.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"For all of 2020, the U.S. trade deficit stood at $676.7 billion, a slight 0.1% above the 2019 figure.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also read:&nbsp;<a href=\\\"https://opoyi.com/usa/donald-trump-responds-to-joe-bidens-january-6-address-142439/\\\">Corrupt elections, insane policies: Trump hits back after Biden’s Jan 6 address</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The politically sensitive deficit with China in goods rose 2.9% to $32.3 billion in November and is up 12.8% for the first 11 months of this year compared to the same period in 2020\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The United States and China, the world's two largest economies, engaged in a contentious trade battle under former President Donald Trump, who accused China of unfair trade practices that had cost millions of American jobs. Each country imposed tit-for-tat punitive tariffs on its economic rival.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"So far, the Biden administration has taken a more cautious approach in its economic dealings with China.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Michael Pierce, senior U.S. economist at Capital Economics, said that the sharp jump in November's trade deficit means that trade will be a small drag on the overall U.S. economy in the October-December quarter.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also read:&nbsp;<a href=\\\"https://opoyi.com/usa/donald-trump-has-a-bruised-ego-joe-biden-slams-predecessor-in-scathing-jan-6-address-507410/\\\">Trump has ‘a bruised ego’: Biden slams predecessor in scathing Jan 6 address</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Pierce forecast growth, as measured by the gross domestic product, would be around 4.5% in the fourth quarter, an improvement from the modest 2.3% in the third quarter but below expectations for much stronger growth before the omicron variant hit.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Other economists are more optimistic, predicting growth will come in between 6% and 7% in the October-December period. The government will release its first look at fourth quarter GDP on Jan. 27.\"}}]}

<ul>
 <li>The U.S. trade deficit surged to a near-record high of $80.2 billion in November</li>
 <li>In November exports slowed at the same time that imports jumped sharply</li>
 <li>The November deficit was 19.3% higher than the October deficit of $67.2 billion</li>
</ul>

US November trade deficit hits near record-high $80.2 billion

USEconomy

Priyadarshni Bishnoi

On Black Friday, bargain hunters braved the cold winters to buy Christmas gifts, only to discover that many US retailers offered relatively small price reductions this year due to limited supplies. ,The day after the US Thanksgiving holiday, which kicks off the year-end holiday shopping season, crowds thinned due to COVID fears and fewer doorbuster sales. The World Health Organization, on the same day, dubbed the newly discovered omicron coronavirus variant as a variant of concern, causing widespread panic and a stock market selloff in the United States. Also Read | Thieves organise flash mob, steals at high-end Bay Area stores amid trend,According to Cowen analysts, stores on Black Friday had the lowest level of clearance merchandise for sale in at least five years, Reuters reported. Rather than going inside stores, many shoppers chose to pick up items from the curb. According to Mastercard SpendingPulse, Black Friday retail sales grew 29.8% compared to 2020 as of 3 pm ET. ,Because of their buy-online-pick-up-in-store services, Walmart and Target were expected to outperform other retailers, Cowen said in a note. Over 18,000 drive-up parking spaces were added to Target this year, more than doubling the number of spots from the previous year. The most popular Black Friday deals, according to the company, included a KitchenAid professional stand mixer for $219.99 (regularly $429.99) and up to $60 off Apple Watches and AirPods. Also Read | When is Black Friday 2021? All you need to know,Because of strict inventory and increased costs for raw materials, freight, and labour, several retailers, including Walmart, Target, and Best Buy, are expected to report lower fourth-quarter profit margins. Even though the holiday season should be okay from a sales standpoint -- because retailers are discounting less -- the margins won't necessarily be higher because of inflation, Sucharita Kodali, a Forrester Research analyst, told Reuters. Consumers in the United States are heading into the holiday season rolling in money, thanks to a still-hefty savings pile from multiple rounds of government pandemic relief and double-digit wage hikes as businesses compete for employees. Yet retailers had enticed customers to make holiday purchases as early as September this year, owing to a supply chain logjam that prevented them from restocking year-end merchandise quickly. ,People had already spent 80% to 85% of their holiday gift budgets before Black Friday, according to a Deloitte survey. According to the Adobe Digital Economy Index, online sales are expected to reach a new high of $207 billion in November and December, up 10% from previous year. The National Retail Federation predicts that combined brick-and-mortar and online holiday sales will total $843.4 billion to $859 billion, up 8.5% to 10.5% from last year. According to Adobe, electronics, which are in short supply due to a global chip shortage, had the highest out-of-stock levels, followed by personal care and home and garden. Out-of-stocks were up 261% in November compared to the same period last year.

{\"time\":1637979145588,\"strCount\":3600,\"blocks\":[{\"type\":\"paragraph\",\"data\":{\"text\":\"On <a href=\\\"https://opoyi.com/business/amazon-hit-by-protests-by-climate-activists-unions-on-black-friday-210849/\\\">Black Friday</a>, bargain hunters braved the cold winters to buy Christmas gifts, only to discover that many US retailers offered relatively small price reductions this year due to limited supplies.&nbsp;\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The day after the US <a href=\\\"https://opoyi.com/business/us-retailer-target-to-keep-stores-closed-on-thanksgiving-day-588022/\\\">Thanksgiving</a> holiday, which kicks off the year-end holiday shopping season, crowds thinned due to <a href=\\\"https://opoyi.com/usa/us-stores-kick-off-black-friday-but-pandemic-woes-linger-357012/\\\">COVID</a> fears and fewer \\\"doorbuster\\\" sales.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The World Health Organization, on the same day, dubbed the newly discovered omicron coronavirus variant as a \\\"variant of concern\\\", causing widespread panic and a stock market selloff in the United States.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/world/thieves-organise-flash-mob-steals-at-high-end-bay-area-stores-amid-trend-355434/\\\">Thieves organise flash mob, steals at high-end Bay Area stores amid trend</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"According to Cowen analysts, stores on Black Friday had the lowest level of clearance merchandise for sale in at least five years, Reuters reported. Rather than going inside stores, many shoppers chose to pick up items from the curb.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"According to Mastercard SpendingPulse, Black Friday retail sales grew 29.8% compared to 2020 as of 3 pm ET.&nbsp;\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Because of their buy-online-pick-up-in-store services, Walmart and Target were expected to outperform other retailers, Cowen said in a note. Over 18,000 \\\"drive-up\\\" parking spaces were added to Target this year, more than doubling the number of spots from the previous year. The most popular Black Friday deals, according to the company, included a KitchenAid professional stand mixer for $219.99 (regularly $429.99) and up to $60 off Apple Watches and AirPods.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/world/when-is-black-friday-2021-all-you-need-to-know-670792/\\\">When is Black Friday 2021? All you need to know</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Because of strict inventory and increased costs for raw materials, freight, and labour, several retailers, including Walmart, Target, and Best Buy, are expected to report lower fourth-quarter profit margins. \\\"Even though the holiday season should be okay from a sales standpoint -- because retailers are discounting less -- the margins won't necessarily be higher because of inflation,\\\" Sucharita Kodali, a Forrester Research analyst, told Reuters.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Consumers in the United States are heading into the holiday season rolling in money, thanks to a still-hefty savings pile from multiple rounds of government pandemic relief and double-digit wage hikes as businesses compete for employees.&nbsp; Yet&nbsp; retailers had enticed customers to make holiday purchases as early as September this year, owing to a supply chain logjam that prevented them from restocking year-end merchandise quickly.&nbsp;\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"People had already spent 80% to 85% of their holiday gift budgets before Black Friday, according to a Deloitte survey. According to the Adobe Digital Economy Index, online sales are expected to reach a new high of $207 billion in November and December, up 10% from previous year. The National Retail Federation predicts that combined brick-and-mortar and online holiday sales will total $843.4 billion to $859 billion, up 8.5% to 10.5% from last year.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"According to Adobe, electronics, which are in short supply due to a global chip shortage, had the highest out-of-stock levels, followed by personal care and home and garden. Out-of-stocks were up 261% in November compared to the same period last year.\"}}]}

Priyadarshini Bishnoi

<ul>
 <li>Crowds thinned at stores this Black Friday due to COVID fears</li>
 <li>Stores had the lowest level of clearance merchandise for sale in at least five years</li>
 <li>Black Friday retail sales grew 29.8% compared to 2020 as of 3 pm ET</li>
</ul>

Americans ditch stores for online shopping on Black Friday

BlackFriday

Shopping

The U.S. trade deficit hit an all-time high of $80.9 billion in September as American exports fell sharply while imports, even with supply chain problems at American ports, continue to climb. ,The September deficit topped the previous record of $73.2 billion set in June, the Commerce Department reported Thursday. The deficit is the gap between what the United States exports to the rest of the world and the imports it purchases from foreign nations. In September, exports plunged 3% to $207.6 billion while imports rose 0.6% to $288.5 billion. Part of the weakness reflected a 15.5% drop in petroleum exports related to the drilling rig and refinery shutdowns during Hurricane Ida in the Gulf of Mexico. Economists expect that decline to reverse in coming months with petroleum production coming back on line. The politically sensitive goods deficit with China shot up 15% in September to $36.5 billion. Through the first nine months of this year America's deficit with China, the largest with any country, totaled $255.4 billion, an increase of 14.9% over the same period in 2020. The overall trade deficit through September hit $638.6 billion, a 33.1% increase over the same period last year. That big jump reflects the surge in U.S. demand for imports compares to last year when many parts of the economy were shut down because of the coronavirus. Also Read | Major Wall Street indexes secure record highs ahead of Federal Reserve meet,In September, the deficit in goods rose to $98.2 billion, up a sharp 10% from the August deficit. The surplus in services, which covers such things as airline travel and financial services, rose 10.5% to $17.2 billion, still well below the levels seen before the pandemic hit. The surplus in services is expected to rise further as COVID-19 cases retreat and travel restrictions are eased. The rising trade deficit subtracted 1.1 percentage points from growth in the July-September quarter, a period when the economy, as measured by the gross domestic product, slowed to an annual growth rate of just 2%, sharply lower than a GDP growth rate of 6.7% in the April-June period. Also Read | Global corporate minimum tax gets formal G20 nod at Rome summit,As COVID-19 cases retreat and the supply chain becomes untangled, the U.S. trade deficit should start to improve in coming months although the improvement may be modest, economists say. ,“We look for the trade balance to remain historically elevated through year-end, but moderation in domestic demand will cool import volumes while steady vaccine diffusion and slower virus spread should underpin stronger export growth, Kathy Bostjancic, chief U.S. financial economist at Oxford Economics, said.

{\"time\":1636044947429,\"strCount\":3316,\"blocks\":[{\"type\":\"paragraph\",\"data\":{\"text\":\"The <a href=\\\"https://opoyi.com/topics/unitedstates/\\\">U.S.</a> <a href=\\\"https://opoyi.com/topics/trade/\\\">trade deficit</a> hit an all-time high of $80.9 billion in September as American <a href=\\\"https://opoyi.com/topics/export/\\\">exports</a> fell sharply while imports, even with supply chain problems at American ports, continue to climb.&nbsp;\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The September deficit topped the previous record of $73.2 billion set in June, the Commerce Department reported Thursday. The deficit is the gap between what the United States exports to the rest of the world and the imports it purchases&nbsp;from foreign nations.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"In September, exports plunged 3% to $207.6 billion while imports rose 0.6% to $288.5 billion.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Part of the weakness reflected a 15.5% drop in petroleum exports related to the drilling rig and refinery shutdowns during <a href=\\\"https://opoyi.com/topics/hurricaneida/\\\">Hurricane Ida</a> in the <a href=\\\"https://opoyi.com/topics/gulfofmexico/\\\">Gulf of Mexico</a>. Economists expect that decline to reverse in coming months with <a href=\\\"https://opoyi.com/topics/fossilfuel/\\\">petroleum</a> production coming back on line.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The politically sensitive goods deficit with <a href=\\\"https://opoyi.com/topics/china/\\\">China</a> shot up 15% in September to $36.5 billion. Through the first nine months of this year America's deficit with China, the largest with any country, totaled $255.4 billion, an increase of 14.9% over the same period in 2020.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The overall trade deficit through September hit $638.6 billion, a 33.1% increase over the same period last year. That big jump reflects the surge in U.S. demand for imports compares to last year when many parts of the economy were shut down because of the coronavirus.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/business/major-wall-street-indexes-secure-record-highs-ahead-of-federal-reserve-meet-514750/\\\">Major Wall Street indexes secure record highs ahead of Federal Reserve meet</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"In September, the deficit in goods rose to $98.2 billion, up a sharp 10% from the August deficit. The surplus in services, which covers such things as airline travel and financial services, rose 10.5% to $17.2 billion, still well below the levels seen before the pandemic hit. The surplus in services is expected to rise further as <a href=\\\"https://opoyi.com/topics/covid19/\\\">COVID-19</a> cases retreat and travel restrictions are eased.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The rising trade deficit subtracted 1.1 percentage points from growth in the July-September quarter, a period when the economy, as measured by the gross domestic product, slowed to an annual growth rate of just 2%, sharply lower than a GDP growth rate of 6.7% in the April-June period.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read |&nbsp;<a href=\\\"https://opoyi.com/business/global-corporate-minimum-tax-gets-formal-g20-nod-at-rome-summit-297637/\\\">Global corporate minimum tax gets formal G20 nod at Rome summit</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"As COVID-19 cases retreat and the supply chain becomes untangled, the U.S. trade deficit should start to improve in coming months although the improvement may be modest, economists say.&nbsp;\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"“We look for the trade balance to remain historically elevated through year-end, but moderation in domestic demand will cool import volumes while steady vaccine diffusion and slower virus spread should underpin stronger export growth,\\\" Kathy Bostjancic, chief U.S. financial economist at Oxford Economics, said.\"}}]}

Shubham Banerjee

<ul>
 <li>The September deficit topped the previous record of $73.2 billion set in June</li>
 <li>In September, exports plunged 3% to $207.6 billion while imports rose 0.6% to $288.5 billion</li>
 <li>The politically sensitive goods deficit with China shot up 15% in September to $36.5 billion</li>
</ul>

US trade deficit hits all-time high of $80.9 billion in September

Americans continued to spend at a solid clip in September even while facing sticker shock in grocery aisles, car lots, and restaurants as snarled global supply chains slow the flow of goods. ,Retail sales rose a seasonally adjusted 0.7% in September from the month before, the U.S. Commerce Department said Friday. ,That was a stronger showing than expected. Yet there are lingering concerns as to how resilient shoppers will be if prices continue to head north and shortages lead to frustration heading into the crucial holiday season. Also Read: US sees shortage of supplies, including diapers, ahead of holiday season,Consumer spending drives about 70% of all U.S. economic activity and a full recovery from a pandemic-induced recession will require their participation. ,There is no evidence that Americans are pulling back, however, and spending last month was heavy everywhere, from clothing, sporting goods and toy stores to car lots. ,They are coming to enjoy the experience with their families that they hadn't been able to do in a long time, said Tiffany Markofsky, chief communications officer at a small toy store chain called Camp. ,Camp is reporting strong traffic in stores and has been able to secure hot toys through close ties with its suppliers, Markofsky said. Some of the increased spending by consumers is the direct result of spiking prices. A gallon of gasoline today costs about $1 more than it did at this time last year so in many cases, Americans aren't buying more, they're just paying more. Also Read: US unemployment claims fall to lowest level since pandemic,The U.S. reported this week that the prices consumers pay rose 0.4% in September, and they're up 5.4% over the past 12 months, matching the fastest pace since 2008. Gasoline, furniture, cars and trips to the grocery store or restaurant have all grown more expensive. ,American consumers still have plenty left in the tank despite some tough-to-find and pricier items, wrote Sal Guatieri, senior economist and director at BMO Capital Markets, in a report published Friday. Guatieri was particularly surprised by the willingness of Americans to continue buying cars with dealerships running short on supply and manufacturers shutting down factories due to a lack of essential computer chips. Yet there was a 0.6% increase in sales at auto dealers, after a plunge last month. ,While the spending increases have been broad, the delta variant had has an influence on where Americans are spending money, with more dollars devoted to buying things, rather than plane tickets or dinners out. ,Online sales rose modestly as shoppers feel more comfortable shopping at physical stores. Sales at gasoline stations rose 1.8%. Tellingly, sales at restaurants and bars were virtually flat from the previous month. ,The monthly retail report covers only about a third of overall consumer spending, however, and doesn't include services such as haircuts, hotel stays and plane tickets. But there has been evidence of slowed spending in some of these areas. ,Airlines have begun to report declining ticket sales and they blame the spread of the delta variant. ,A lot of gains continue to come from a diversion of spend from services to spending on products, said Neil Saunders, managing director at GlobalData Retail. Consumers continue to travel, commute and vacation less than they did pre-pandemic, and the expenditure that would normally be made on these activities has found a new home in retail. Also Read: NIFTY50 Today October 13: Top 5 Gainers and Losers,Economists have forecast at least a 7% increase in holiday sales, but the pandemic had made predictions more difficult. Steady sales that have been witnessed in clothing, tech, or other goods, are not assured due to worker shortages and festering supply chain issues. The global supply chain is so scrambled, many producers are leaving bulk of their goods in China as they wait for shipping costs to retreat. ,And hiring has slowed in the past two months even as employers post a near-record number of open jobs. About three million people who lost jobs and stopped looking for work since the pandemic have yet to resume job searches, according to recent economic data. ,The main concern now is that supply-chain disruptions and microchip shortages appear to be spreading, limiting selection and tamping down goods demand, wrote Guatieri. Meantime, services demand is getting held back by labour shortages, notably in restaurants. Demand isn't the problem, supply is. ,President Joe Biden told Americans this week that his administration is confident that inflation is under control and announced a deal to expand operations at the Port of Los Angeles to help address supply issues. ,The will to spend on those goods is there, as evidenced in September, however, it was also the weakest sales growth since March, Saunders said. Momentum will not continue indefinitely, he said, rather it will continue to trend down until it reaches more normalized levels, he said. There might be some variation during the final months of the year if consumers decide to go on a big spending spree to celebrate the holidays, but this will be the exception rather than the rule, he added. ,Small businesses and national chains well aware of strangled supply lines are trying to get people in stores now through the use of early holiday promotions in hopes of avoiding missed holiday shipping deadlines. ,Target usually begins a holiday price-matching program at the start of November to win over customers. The offer this year is already in full force.

{\"time\":1634347576347,\"strCount\":6127,\"blocks\":[{\"type\":\"paragraph\",\"data\":{\"text\":\"Americans continued to spend at a solid clip in September even while facing sticker shock in grocery aisles, car lots, and restaurants as snarled global supply chains slow the flow of goods. \"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Retail sales rose a seasonally adjusted 0.7% in September from the month before, the U.S. <a href=\\\"https://opoyi.com/topics/commerce/\\\">Commerce</a> Department said Friday. \"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"That was a stronger showing than expected. Yet there are lingering concerns as to how resilient shoppers will be if prices continue to head north and shortages lead to frustration heading into the crucial holiday season.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read:&nbsp;<a href=\\\"https://opoyi.com/business/us-sees-supply-shortage-including-diapers-ahead-of-holiday-season-363690/\\\">US sees shortage of supplies, including diapers, ahead of holiday season</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Consumer spending drives about 70% of all U.S. economic activity and a full recovery from a <a href=\\\"https://opoyi.com/topics/pandemic/\\\">pandemic</a>-induced recession will require their participation. \"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"There is no evidence that Americans are pulling back, however, and spending last month was heavy everywhere, from clothing, sporting goods and toy stores to car lots. \"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"\\\"They are coming to enjoy the experience with their families that they hadn't been able to do in a long time,\\\" said Tiffany Markofsky, chief communications officer at a small toy store chain called Camp. \"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Camp is reporting strong traffic in stores and has been able to secure hot toys through close ties with its suppliers, Markofsky said.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Some of the increased spending by consumers is the direct result of spiking prices. A gallon of gasoline today costs about $1 more than it did at this time last year so in many cases, Americans aren't buying more, they're just paying more.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read:&nbsp;<a href=\\\"https://opoyi.com/business/us-unemployment-claims-fall-to-lowest-level-since-pandemic-366174/\\\">US unemployment claims fall to lowest level since pandemic</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The U.S. reported this week that the prices consumers pay rose 0.4% in September, and they're up 5.4% over the past 12 months, matching the fastest pace since 2008. Gasoline, furniture, cars and trips to the grocery store or restaurant have all grown more expensive. \"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"\\\"American consumers still have plenty left in the tank despite some tough-to-find and pricier items,\\\" wrote Sal Guatieri, senior economist and director at BMO Capital Markets, in a report published Friday.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Guatieri was particularly surprised by the willingness of Americans to continue buying cars with dealerships running short on supply and manufacturers shutting down factories due to a lack of essential computer chips. Yet there was a 0.6% increase in sales at auto dealers, after a plunge last month. \"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"While the spending increases have been broad, the delta variant had has an influence on where Americans are spending money, with more dollars devoted to buying things, rather than plane tickets or dinners out. \"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Online sales rose modestly as shoppers feel more comfortable shopping at physical stores. Sales at gasoline stations rose 1.8%. Tellingly, sales at restaurants and bars were virtually flat from the previous month. \"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The monthly retail report covers only about a third of overall consumer spending, however, and doesn't include services such as haircuts, hotel stays and plane tickets. But there has been evidence of slowed spending in some of these areas. \"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Airlines have begun to report declining ticket sales and they blame the spread of the delta variant. \"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"\\\"A lot of gains continue to come from a diversion of spend from services to spending on products,\\\" said Neil Saunders, managing director at GlobalData Retail. \\\"Consumers continue to travel, commute and vacation less than they did pre-pandemic, and the expenditure that would normally be made on these activities has found a new home in retail.\\\"\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also Read:&nbsp;<a href=\\\"https://opoyi.com/business/nifty50-today-october-13-top-5-gainers-and-losers-170373/\\\">NIFTY50 Today October 13: Top 5 Gainers and Losers</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Economists have forecast at least a 7% increase in holiday sales, but the <a href=\\\"https://opoyi.com/topics/pandemic/\\\">pandemic</a> had made predictions more difficult. Steady sales that have been witnessed in clothing, tech, or other goods, are not assured due to worker shortages and festering supply chain issues.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The global supply chain is so scrambled, many producers are leaving bulk of their goods in <a href=\\\"https://opoyi.com/topics/china/\\\">China</a> as they wait for shipping costs to retreat. \"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"And hiring has slowed in the past two months even as employers post a near-record number of open jobs. About three million people who lost jobs and stopped looking for work since the pandemic have yet to resume job searches, according to recent economic data. \"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"\\\"The main concern now is that supply-chain disruptions and microchip shortages appear to be spreading, limiting selection and tamping down goods demand, \\\"wrote Guatieri. \\\"Meantime, services demand is getting held back by labour shortages, notably in restaurants. Demand isn't the problem, supply is. \\\"\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"President <a href=\\\"https://opoyi.com/topics/joebiden/\\\">Joe Biden</a> told Americans this week that his administration is confident that inflation is under control and announced a deal to expand operations at the Port of Los Angeles to help address supply issues. \"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The will to spend on those goods is there, as evidenced in September, however, it was also the weakest sales growth since March, Saunders said. Momentum will not continue indefinitely, he said, rather it will continue to trend down until it reaches more normalized levels, he said.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"\\\"There might be some variation during the final months of the year if consumers decide to go on a big spending spree to celebrate the holidays, but this will be the exception rather than the rule, \\\" he added. \"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Small businesses and national chains well aware of strangled supply lines are trying to get people in stores now through the use of early holiday promotions in hopes of avoiding missed holiday shipping deadlines. \"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Target usually begins a holiday price-matching program at the start of November to win over customers. The offer this year is already in full force. \"}}]}

Kartik Chawla

<ul>
 <li>Snarled global supply chains have slowed the flow of goods</li>
 <li>Retail sales rose a seasonally adjusted 0.7% in September from the month before</li>
 <li>Consumer spending drives about 70% of all U.S. economic activity</li>
</ul>

US retail sale rises 0.7% in September even amidst price surge

Economics

Hamid

The Central government on Wednesday soft launched the first phase of the National Single Window System to provide investors a digital platform to apply for various pre-operations approvals required for business ventures in India. The government says the National Single Window System will help India attract greater foreign investment as it will integrate the existing clearance systems of various central and state departments. During a review meeting in June, Commerce & Industry Minister Piyush Goyal had said 17 ministries and departments and 14 states will be onboard the first phase of the single window system. The National Single Window System has been proposed to remove the hassles faced by investors while visiting multiple platforms to gather information and obtain clearances from different stakeholders. ,ALSO READ: PM Modi highlights India's 'untapped potential' in farm sector during NITI Aayog meet,The creation of a centralized Investment Clearance Cell would provide end-to-end facilitation support to investors, including pre-investment advisory and information related to land banks. It will also facilitate clearances at Central and State level. ALSO READ: FDI in India rises by 13%, fund flows decline in major economies,The online system will have all the facilities, including land purchasing, and provide information to businesses and industrialists. The system is expected to reduce compliance burden for investors, simplify cumbersome processes and enable ease of doing business in India. The government says the single window system will act as a one-stop solution to all the problems or requirements of the investors. ,The system will also help investors with approvals required for a particular business, monitor their status, and seek clarifications regarding the same. ALSO READ: Joe Biden's infrastructure plan faces condemnation from US corporations,Last year, Goyal had also informed the Lok Sabha that initially the government is focusing on 27 sectors under its Make in India 2.0 program to facilitate investment and build top class manufacturing infrastructure. The Department for Promotion of Industry and Internal Trade was coordinating action plans for 15 manufacturing sectors, while Department of Commerce for 12 service sectors, he had said.

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<ul>
 <li>Government says National Single Window System will help attract greater foreign investment</li>
 <li>It will remove hassles faced by investors while visiting multiple platforms</li>
 <li>The system will act as a 'one-stop solution to all problems or requirements of the investors'</li>
</ul>

What is India's National Single Window System?

Commerce and Industry Minister Piyush Goyal has been appointed as India's Sherpa for the G20, an influential grouping that brings together the world's major economies. Making the announcement, the Ministry of External Affairs said on Tuesday that India will hold the G20 presidency from December 1, 2022, and will convene the G20 leaders' summit in 2023 for the first time. The next G20 Summit is scheduled to take place from October 30 to 31 under the Italian presidency. Piyush Goyal, Union Minister for Commerce and Industry, Consumer Affairs, Food and Public Distribution, and Textiles, has been appointed as India's Sherpa for the G20, the Ministry of External Affairs said. Also read: PM Modi to chair BRICS summit, Afghan crisis high on agenda,Prime Minister Modi has been leading India's representation at G20 summits since 2014. India has been a member of the G20 since its inception in 1999. India will be holding the G20 presidency from December 1, 2022 and will convene the G20 Leaders' summit in 2023 for the first time, the MEA said. India will be part of the G20 Troika (preceding, current, and incoming G20 Presidencies) from December 1, 2021 till November 30, 2024, it said in a statement. Also read: PM Modi’s approval rating highest among major world leaders: Report,G20 brings together 19 of the world's leading economies and the European Union, with its members accounting for more than 80 per cent of global GDP, 75 per cent of global trade and 60 per cent of the global population, according to MEA. The G20 member nations are Argentina, Australia, Brazil, Canada, China, Germany, France, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the United Kingdom and the United States.

{\"time\":1631072011387,\"strCount\":2239,\"blocks\":[{\"type\":\"paragraph\",\"data\":{\"text\":\"Commerce and Industry Minister<a href=\\\"https://opoyi.com/topics/piyushgoyal/\\\"> Piyush Goyal</a> has been appointed as India's Sherpa for the <a href=\\\"https://opoyi.com/topics/g20/\\\">G20</a>, an influential grouping that brings together the world's major economies.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Making the announcement, the <a href=\\\"https://opoyi.com/topics/ministryofexternalaffairs/\\\">Ministry of External Affairs</a> said on Tuesday that India will hold the G20 presidency from December 1, 2022, and will convene the G20 leaders' summit in 2023 for the first time.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The next G20 Summit is scheduled to take place from October 30 to 31 under the Italian presidency.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"\\\"Piyush Goyal, Union Minister for Commerce and Industry, Consumer Affairs, Food and Public Distribution, and Textiles, has been appointed as India's Sherpa for the G20,\\\" the Ministry of External Affairs said.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also read:&nbsp;<a href=\\\"https://opoyi.com/pm-modi-to-chair-brics-summit-afghan-crisis-high-on-agenda?utm_source=copy-share&amp;utm_medium=web&amp;utm_campaign=none\\\">PM Modi to chair BRICS summit, Afghan crisis high on agenda</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Prime Minister Modi has been leading India's representation at G20 summits since 2014.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"India has been a member of the G20 since its inception in 1999.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"\\\"India will be holding the G20 presidency from December 1, 2022 and will convene the G20 Leaders' summit in 2023 for the first time,\\\" the MEA said.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"\\\"India will be part of the G20 Troika (preceding, current, and incoming G20 Presidencies) from December 1, 2021 till November 30, 2024,\\\" it said in a statement.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"Also read:&nbsp;<a href=\\\"https://opoyi.com/pm-modis-approval-rating-highest-among-major-world-leaders-report?utm_source=copy-share&amp;utm_medium=web&amp;utm_campaign=none\\\">PM Modi’s approval rating highest among major world leaders: Report</a>\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"G20 brings together 19 of the world's leading economies and the European Union, with its members accounting for more than 80 per cent of global GDP, 75 per cent of global trade and 60 per cent of the global population, according to MEA.\"}},{\"type\":\"paragraph\",\"data\":{\"text\":\"The G20 member nations are Argentina, Australia, Brazil, Canada, China, Germany, France, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the United Kingdom and the United States.\\t \"}}]}

<ul>
 <li>India will hold the G20 presidency from December 1, 2022</li>
 <li>The next G20 Summit is scheduled to take place from October 30 to 31</li>
 <li>PM Narendra Modi has been leading India's representation at G20 summits since 2014</li>
</ul>

#Commerce