Wednesday, March 16, 2016

North Korea Sentences Otto Warmbier, U.S. Student, to 15 Years’ Labor

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Naresh Kumar Sagar
16 March 2016
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North Korea Sentences Otto Warmbier, U.S. Student, to 15 Years’ Labor
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India’s Star Shines Bright In Global Gloom: IMF Chief Christine Lagarde
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Merchandise exports decline by (-) 5.7% in February 2016

India’s exports for the month of February 2016 stands at around USD 21 billion as compared to              USD 22 billion in February 2015 registering a growth of around (-) 5.7%. During February 2016, the imports are registered at  USD 27.3 billion as compared to USD 29 billion in February 2015, registering a growth of   (-) 5 %. The balance of trade stands at around USD (-)6.5 billion during February 2016 as compared to USD(-)6.7 billion for February 2015.   
                                                                                                                                      
Value of Foreign Trade


                    USD Billion
Period
December
January
February
Exports


FY16
22.3
21.1
20.7
Growth (%)
(-)14.7
(-) 13.6
(-) 5.7
Imports


FY16
34
28.7
27.3
Growth (%)
(-)3.8
(-)11
(-)5
Trade balance


FY16
(-) 11.7
(-) 7.6
(-) 6.5
Source: PHD Research Bureau, compiled from Ministry of Commerce and Industry, Govt of India

The cumulative value of exports for the period April-February 2015-16 is US$238.4 billion as against US$ 286.3 billion over the same period last year registering a negative growth of around (-)16.7% in Dollar terms. The cumulative value of imports for the period April-February 2015-16 is US$352 billion as against US$413 billion registering a negative growth of (-)14.7% in Dollar terms over the same period last year.

   Trend in Exports and imports   (%)
 Source: PHD Research Bureau, compiled from Ministry of Commerce and Industry, Govt of India

January, 2016 Services Exports stands at USD 12.5 billion

India’s services exports for the month of January 2016 stand at around USD 12.6 billion and services imports stand at  USD 6.8 billion in January 2016. The trade balance in services stands at USD 5.7 billion for the month of January 2016.

Value of Service Trade (USD billion)

Period
December 2015
January 2016
Exports

FY16
14
12.6
Imports

FY16
7.2
6.8
Trade balance

FY16
6.8
5.7
             Source: PHD Research Bureau, compiled from Ministry of Commerce and Industry, Govt of India

The Sagar News Post Daily

The Sagar News Post Daily
Published by
Naresh Kumar Sagar
16 March 2016
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Three Types of Content You Should Publish Daily
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Constitute SWATCH JUDICIARY COMMISSION to Clean Judiciary

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16 March 2016
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Constitute SWATCH JUDICIARY COMMISSION to Clean Judiciary
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Volkswagen Vento Cup 2016;

Volkswagen Motorsport India                                             



12 new & aspiring racing drivers selected for Volkswagen Vento Cup 2016;
The new ones will join eight drivers from previous seasons for the 2016 championship

  • Over 560 aspiring racers from across the country registered for the selection process to participate in the Volkswagen Vento Cup 2016
  • The final round of driver selection process concluded in Pune at Indi Karting Track where top 12 were selected out of 62 finalists
  • Four drivers from New Delhi make it to the final grid of 20 for the Volkswagen Vento Cup 2016 season

Pune, March 16, 2016: Volkswagen Motorsport India concluded the driver selection process for its upcoming season of Vento Cup in Pune last week. The selection process gathered an overwhelming response receiving over 560 entries from across the country and lasted for over 45 days. Out of these 560 entries, 62 racers made it to the final round of the selection process and were invited to Pune’s Indi Karting Track for a two-day final selection process. After being judged on various criteria such as fitness, driving skills, grasping and learning ability and discipline, final 12 were selected for the Vento Cup 2016 season.

Eight drivers from previous seasons of Volkswagen Motorsport India’s Vento Cup and Polo Cup will complete the grid of 20 along with the 12 new drivers. The grid comprises of 20 drivers in all who hail from 11 different cities. The final drivers of the 2016 season will now undergo a Fitness Camp and a Pre-Season Testing before the first competitive round of the year.

Mr. Sirish Vissa, Head of Volkswagen Motorsport India, commented “Every year we receive a number of entries from aspiring racers showing their willingness to participate in the Vento Cup. It has been Volkswagen Motorsport India’s goal to develop and nurture young talent since its inception in 2009 and we are happy that we are able to coach so many drivers every year and provide them with a strong and robust platform like the Vento Cup.” He further added, “This year too we witnessed some very talented individuals who are willing to learn the skills of racing and make their mark in Motorsport. We have selected 12 new drivers this year who will join eight drivers from our previous seasons and battle for championship honours. Interestingly 17 drivers are up to the age of 26 years, which is good because they are the young ones whom we really want to groom.”

Volkswagen Motorsport India will run its premium one-make touring car racing series Vento Cup as a part of the 2016 MMSC FMSCI Indian Racing Championship. The 2016 season will comprise of a total of four rounds across three race tracks in India – Kari Motor Speedway, Coimbatore; Madras Motor Race Track, Chennai and Buddh International Circuit, Greater Noida. The season will commence from June 2016.

The following drivers will form the grid of the Volkswagen Vento Cup 2016*:

Sr. No.
Name
Age
City
1
Aditya Mhatre
22
Mumbai
2
Amit Mete
27
Aurangabad 
3
Arfath Mohammed
19
Chennai
4
Arunshowry Vallabhaneni
21
New Delhi
5
Eswar Bolisetti
20
Visakhapatanam
6
Gowdham Murugan
26
Coimbatore 
7
Harjee Wadia
17
New Delhi
8
Harshavardhan Saravanan
19
Chennai
9
Hatim Shabbir
20
Chennai
10
Ishaan Dodhiwala
25
Hyderabad
11
Ishan Bhardwaj
24
New Delhi
12
Keith Desouza
22
Goa
13
Mohamed Jamil
24
Pudukkottai
14
Nachappa Sivanesan
29
Chennai
15
Neha Dabas
25
New Delhi
16
Niranjan Todkari
22
Pune
17
Pradeep Rao
26
Mumbai
18
Rashad Khan
19
Pune
19
Sailesh Bolisetti
27
Visakhapatanam
20
Venkatraj Ellendula
20
Secunderabad

*The list of drivers is provisional and subject to changing under certain circumstances

About Volkswagen Motorsport India: Taking ahead 50 years of enriching global motorsport legacy of Volkswagen, Volkswagen Motorsport India commenced operations with the Polo Cup India in 2010. The series started off with a first- ever iconic race being held at Shri Shiv Chhatrapati Sports Complex at Balewadi in Pune, the hometown of Volkswagen in India. The vast global expertise, coupled with rich dynamic history of the Group has enabled Volkswagen Motorsport India to progress swiftly and become the best one make series in a short span of time. The Volkswagen Polo R Cup enhanced awareness as well as underlined the technological advancement and power of Volkswagen Polo in India. In 2015, Volkswagen Motorsport India shifted to Vento Cup and continued to provide a vital platform for the talented young racers to demonstrate their capabilities nationally and internationally by nurturing them. In the one-make series, all participating cars are technically identical with the same performance making it possible for only the most skilled drivers to leave an impact.
Successes in Indian Rallying: Under the Customer Sport Initiative, Volkswagen Motorsport India started providing teams and individuals running Volkswagen Polo rally cars in the Indian Rally Championship (IRC) with technical assistance and spares from 2013. The Volkswagen Polo ended 2013 and 2014 season by winning the 1600-cc class and grabbing numerous rally wins.

Volkswagen Group India Communication

Adhish Alawani
Communication
Mobile:  +91-7875557435

Program for the 17th March for “La Semaine de la Francophonie”

Today at 3:55 PM

UN Secretary-General’s High-Level Panel on Women’s Economic Empowerment

Press Release

Media inquiries:Isabella Poeschl
isabella.poeschl[at]unwomen.org

UN Secretary-General’s High-Level Panel on Women’s Economic Empowerment holds inaugural meeting

(16 March 2016, New York) The inaugural meeting of the first-ever High-Level Panel on Women’s Economic Empowerment kicked off today during the 60th session of the Commission on the Status of Women. Operating under the aegis of the UN Secretary-General, it intends to put women’s economic empowerment at the top of the international agenda, including by defining actions to speed up progress under the 2030 Agenda for Sustainable Development. A global consultation will take place during the continuation of the meeting on 16 March.
Simona Scarpaleggia, CEO of IKEA Switzerland and a panel co-chair, said: “I firmly believe that there is huge potential that could be unlocked simply by valuing and empowering women. The energy, the power and creativity of women is badly needed—not only to make this world a better place, but to enable it to survive in the years to come. It is only by engaging the abilities of both women and men working together in partnership that the right steps can be taken towards building a sustainable world. This means the voices of both men and women must be heard at all levels of decision-making.”
Investing in women’s economic empowerment is intrinsic to achieving the 2030 Agenda. It leads directly to gender equality, poverty eradication and inclusive economic growth. Yet despite important progress, large gender disparities remain for women in both economic opportunities and outcomes, across all countries and regions.
“Economic empowerment of women means recognizing and valuing fairly all women’s work, for them to achieve their full potential and to contribute to national development,” said President Luis Solís of Costa Rica, the other panel co-chair.
The panel will produce two reports for the UN Secretary-General. Lead author Professor Laura Tyson will draw on rigorous evidence and broad-based consultations to highlight good practices and provide action-oriented recommendations. The process aims to promote women’s leadership in driving economic growth, and galvanizing commitment by governments, the private sector, the United Nations system and other stakeholders.
The Secretary of State of the United Kingdom, Justine Greening, said: “I am hugely proud to be part of the first-ever meeting of the UN High-Level Panel on Women’s Economic Empowerment, which marks a major step forward in the battle to close the gender gap in economies around the world. We now need to work hard to make sure it delivers real change for the world’s poorest women. Women’s economic empowerment is not just about financial independence and basic human rights; it’s also a major lever we can use to boost the global economy, because a country cannot successfully develop when half its population is left behind.”
Other members of the panel include the leaders of the International Monetary Fund, World Bank Group, UN Women and a diverse range of eminent gender equality actors, economics experts, academics, trade union leaders, and business and government representatives from all regions.
The Panel Secretariat is hosted by UN Women, backed by the Government of the United Kingdom and the World Bank Group. UN Women Executive Director Phumzile Mlambo-Ngcuka said: “UN Women welcomes the panel’s strong commitment to work together to provide thought leadership and accelerated action that irreversibly improves economic outcomes for women. We look to all panelists to lead and foster this with governments, development partners, the private sector and civil society.”
Through a public consultation on 16 March 2016 at UN Headquarters, a broad array of other actors, many active in advancing women’s economic empowerment, will contribute views on the panel’s work. Consultations will continue in various fora for several months, at the national and regional levels, and around specific themes.
A full list of panel members can be found here; to join a discussion on the panel, go here:https://www.empowerwomen.org/en/community/discussions/2016/03/have-your-say-un-secretary-general
Media contact:
Isabella Poeschl, UN Women, e-mail: isabella.poeschl@unwomen.org
UN Women is the UN organization dedicated to gender equality and the empowerment of women. A global champion for women and girls, UN Women was established to accelerate progress on meeting their needs worldwide. For more information, visit www.unwomen.org. UN Women, 220 East 42nd Street, New York, NY 10017, New York. Tel: +1 646 781-4400. Fax: +1 646 781-4496.

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