India has surplus stock of wheat

India could also support the world market with wheat if required

India

A senior official in the Ministry of Consumers affairs and Public distribution has said that India has surplus of food grains and could even sell them in the open market.

This comes at a time when after a sudden rise in temperature in March, yield in wheat crop reduced. India had banned overseas sale of wheat at that time to help stabilise the situation in the country.

The government has also intervened to purchase wheat from abroad to meet the food needs of India for some time.

Imran Khan party wins in Pakistan by elections

World

The Inran Khan led Pakistan Tehreek -e-Insaf party won 6 out of 8 seats in the election to the National assembly.

The party is mounting a comeback after the ex prime minister was ousted from the government a while ago.

The party also won 2 seats in local election to the provicial elections.

Understanding Needs Vs Wants

Finance

For Full course on Financial Basics, enroll in the academy

Ericsson bags 5 G deployment contract from Jio

Business

Akash Ambani, Chairman of Reliance Jio announced that they have partnered with Ericsson to accelerate the launch of the 5 G network across India.

This is the first partnership between the 2 companies. Ericsson has previously worked in south Korea to implement the 4 G network.

In addition to Ericsson, Nokia and Samsung are also working with Jio for the implementation that can change the accessibility to internet to many people.

Karim Benzema wins the Ballon d’Or 2022 award

Sports

Real Madrid and France star Karim Benzema won the Ballon d’Or 2022 award, becoming the first Frenchman to do so since Zinedine Zidane did in 1998.

The Ballon d’Or translated to the Golden ball is an annual football award presented by French news magazine France Football since 1956

Lionel Messi has won the award a record seven times, followed by Cristiano Ronaldo with five.

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