'Obama received gifts worth USD3K during Jan 2015 India visit'

Agencies
January 11, 2018

Washington, Jan 11: Former US president Barack Obama had received gifts worth about USD 3,000 during his visit to India in 2015 as Chief Guest at the Republic Day Parade, according to the State Department.

Obama was the first US head of state who attended the parade in 2015.

According to the Department of State's Protocol Office, Prime Minister Narendra Modi presented Obama telegram facsimile from the US to India's Constituent Assembly in 1946 and reproduction of the cover page of a report on India's Constitutional Debates.

Modi also presented him a framed photograph of Marian Anderson's radio interview in India and a hand-carved wooden Jali box with a small wooden latch and photo of Marian Anderson's radio interview in India on the lid.

Among other gifts from Modi were a CD set, title: All India Radio Interview with Marian Anderson, November 18 1957, New Delhi.

Obama also received a hand-carved black wooden Jali box with painting on the lid; blue Shahmina shawl, red Shahmina shawl and beige and cream coloured shahmina shawl. The State Department Protocol Office have estimated their value at USD 1,231.

The Rajghat Samadhi Committee presented him a model spinning wheel with white tread looped around the wheel and a cloth scroll listing the Seven Social Sins as articulated by Mahatma Gandhi.

He also received a book on Mahatma Gandhi titled "An AutobiographyThe Story of my Experiments with the Truth" and a bronze-coloured bust of Mohandas Karamchard Gandhi on a wood base. The gifts were estimated to be a value of USD 929.01.

The then president Pranab Mukherjee presented Obama a book titled "Thoughts and Reflections", "Winged Wonders of Rashtrapati Bhavan RB Series 20122014" along with a Photobook, titled "State Visit of His Excellency Barack H Obama, President of the United States of America and Michelle Obama to India on January 25 to 27 January 2015".

The gifts were estimated to be USD 825.

The First Lady Michelle Obama received gifts worth over USD 1500, according to the list. All the gifts have been handed over to the National Archive.

Michelle was given by Modi a hand-embroidered Shahmina shawl, hand-carved wooden Jali box, and assorted Indian tea of an estimated value of USD 662. While rest of the items were given to the National Archives, the tea box was handled pursuant to United States Secret Service policy, the Office of Protocol said.

And finally, President Mukherjee presented to Michelle pashmina Shawl with hand-embroidery and specially commissioned tea set, including pot, six cups, six saucers, milk pitcher, and sugar jar, at an estimated value of USD 900.

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Agencies
May 20,2020

In a bid to help struggling small businesses in Covid-19 times, Facebook has introduced Shops to help set up a single online store for customers to access on both Facebook and Instagram.

While Facebook Shops is being rolled out from Wednesday, the company will introduce Instagram Shop, a new way to discover and buy products in Instagram Explore, this summer, starting in the US.

The social networking giant also announced that it will invest in features across its family of apps to inspire people to shop and make buying and selling online easier.

"Creating a Facebook Shop is free and simple. Businesses can choose the products they want to feature from their catalogue and then customise the look and feel of their shop with a cover image and accent colours that showcase their brand," Facebook said in a statement late Tuesday.

Any seller, no matter their size or budget, can bring their business online and connect with customers wherever and whenever it's convenient for them.

People can find Facebook Shops on a business' Facebook Page or Instagram profile, or discover them through stories or ads.

"From there, you can browse the full collection, save products you're interested in and place an order — either on the business' website or without leaving the app if the business has enabled checkout in the US," informed the company.

Last month, Facebook announced $40 million in grants for 10,000 small businesses in the US to help them get through these challenging time.

The grants will go to small businesses in 34 locations where Facebook employees live and work.

The company said that in Facebook Shops, users will be able to message a business through WhatsApp, Messenger or Instagram Direct to ask questions, get support, track deliveries and more.

In the future, they will be able to view a business' shop and make purchases right within a chat in WhatsApp, Messenger or Instagram Direct.

Later this year, Facebook will add a new shop tab in the navigation bar, so people can get to Instagram Shop in just one tap.

Facebook said it is making it easier to shop for products in real time.

Soon, sellers, brands and creators will be able to tag products from their Facebook Shop or catalogue before going live and those products will be shown at the bottom of the video so people can easily tap to learn more and purchase.

"We're starting to test this with businesses on Facebook and Instagram, and we'll roll it out more broadly in the coming months," said the company.

Facebook is also working with partners like Shopify, BigCommerce, WooCommerce, ChannelAdvisor, CedCommerce, Cafe24, Tienda Nube and Feedonomics to support small businesses.

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Agencies
July 19,2020

New Delhi, Jul 19: Indian equities will be driven by a host of factors like corporate earnings, coronavirus cases trend and geo-political developments this week, according to analysts.

Market participants will also keenly watch the progress of monsoon, with experts saying that the farm sector revival will play a key role in lifting the coronavirus-hit economy.

"With no major event, the ongoing earnings season and global cues will continue to dictate the market trend. Besides, the progress of monsoon will also be closely watched," Ajit Mishra, VP - Research, Religare Broking, said.

Globally, the rising coronavirus infections and geo-political tensions have created uncertainty on the economic recovery front.

With India's COVID-19 cases fast approaching the 11 lakh mark, the third-highest behind the US and Brazil, and the death toll nearing 27,000, participants are expected to tread cautiously going forward.

At global level, confirmed COVID-19 cases have crossed 1.4 crore and deaths totalled about 6 lakh.

Markets globally will closely follow developments on the trade and political level between the US and China, according to analysts.

"We would continue witnessing stock-specific action as the earnings season unfold. Though the near-term momentum looks positive, we would advise traders to be cautious, given flaring US-China trade relations, persistent rise in virus cases and implementation of fresh lockdowns in parts of the country," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd.

HDFC Bank will remain in focus on Monday after having announced its June quarter earnings on Saturday.

The lender reported 19.6 per cent rise in its standalone net profit at Rs 6,658.62 crore for April-June 2020; while its income rose to Rs 34,453.28 crore during the quarter.

Other major companies to announce their quarterly results this week are Axis Bank, Bajaj Finance, Hindustan Unilever Limited, Bajaj Auto and ITC.

"Going ahead market participants will closely track the development related to covid vaccine, the rising infection of coronavirus, development on economic activities, corporate earnings and US-China relationship," said Sumeet Bagadia, Executive Director, Choice Broking.

On weekly basis, the Sensex gathered 425.81 points or 1.16 per cent, and the Nifty gained 133.65 points or 1.24 per cent.

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Agencies
February 29,2020

Ahmedabad, Feb 29: The presence of two feral pigeons onboard a GoAir flight at the airport in Ahmedabad in Gujarat created a flutter among the amused passengers, even though the avian surprise did not lead to any untoward incident or delay in the flight.

The incident took place on Friday when the passengers were boarding the Ahmedabad-Jaipur flight.

"Two pigeons had found their way inside the flight G8 702 while the passengers were boarding," an airline statement said on Saturday.

"The crew immediately shooed away the birds. The flight took off at its scheduled time at 5 p.m.," it added.

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