Trump non-commital on peaceful transfer of power after election, Ex-CEO of Cambridge Analytica banned from running cos for seven years by UK govt, US: Congress seeks to block goods from China over forced labour, President Ram Nath Kovind confers NSS Awards for 2018-19, Delhi deputy CM Manish Sisodia hospitalised due to Covid, Japan to further ease Covid-19 entry curbs but not for tourists, Former Australian cricketer Dean Jones dies of heart attack, B Narayan Rao, sitting Congress MLA from Bidar in Karnataka, dies due to Covid, 51st IFFI to be held from 16th to 24th January next year in Goa, Manipur CM N Biren Singh drops three Ministers from his cabinet, Harley-Davidson exits India: Halt on sales and manufacturing, Reliance Jio introduces in-flight plans starting at Rs 499, UAE reopens all seven regions to foreign visitors,

Tokyo Olympics-2020 postponed by a year

Tokyo Olympics-2020 Games  has been postponed by a year as the world battles the Corona pandemic.  Japan’s prime minister Shinzo Abe told media persons that the International Olympic Committee agreed to postpone the Games. IOC President Thomas Bach and Shizo Abe also had a discussion about the current situation and both have agreed to defer the Games by a year. The Olympics has been held every four years since 1948.The Games were scheduled to start on July 24 this year. Canada and Australia had already withdrew their teams from Tokyo Olympics. 

Tokyo was spending some $12.6 billion to host the Games, and experts believe a postponement could cost it some $6 billion in the short-term before recouping it when they eventually go ahead. It will also be a bitter blow to sponsors and major broadcasters who rely on the four-yearly extravaganza for critical advertising revenue.

 
 

Bureaucracy

Atleast 51 IAS officers of different cadre has been empanelled as Addl Secretaries in GoI. These officers are from 1990 to 1993 batches.

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Investigation

CBI has filed a fraud case against Kwality Ltd, which makes dairy products, for cheating a consortium of banks led by Bank of India.

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Opinion

The government point of view is that this will enable the farmer to get a better price for his produce.

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