Joe Biden

According to information provided by the Synergy Marine Group, all crew members aboard the "Dali" were Indian nationals. The vessel, with a capacity of 10,000 TEU and carrying 4,679 TEU onboard, is owned by Grace Ocean Private Ltd and was en route from Baltimore to Colombo.

Sitharaman, who attended the Plenary Meeting of the International Monetary and Financial Committee (IMFC) in Marrakech, Morocco to discuss the priorities identified in IMF MD’s Global Policy Agenda, said this during her intervention.

The President's deal comes ahead of a UN meeting here where Biden and Iran's hardliner president will both speak, unfolding as it does, against a backdrop of nuclear tensions between the two countries.

IMEC is a port-and-rail economic corridor connecting India, the Middle East and Europe. Thus the name, India-Middle East-Europe Economic Corridor (IMEC). Along the route, the plan is to run a cable for electricity and digital connectivity

The G20 has committed to pursue reforms for better, bigger and more effective MDBs to address global challenges to maximise developmental impact, Finance Minister Nirmala Sitharaman added, while addressing a press conference on the sidelines of the G20 summit.

"Essential services like postal and medical services, as well as sample collections by path labs, will continue to operate across Delhi. In the New Delhi area, commercial activities will remain suspended. Online delivery services will not be permitted, with the exception of medicine delivery,” said the Special CP. 

"Today, when I address the G20 nations, we are proud to highlight that all of them admire India for its prolific use of technology and its leadership in utilising digital public goods. A significant portion of our Indian youth are making remarkable contributions in these areas," she said in a video address.

President Biden signed an executive order late on Wednesday, banning US investments in certain key tech sectors of China. The new rules would place restrictions on investments by US private equity and venture capital firms, as well as joint ventures, in Chinese artificial intelligence, quantum computing and semiconductors, reports CNN.

She discussed G20 efforts to strengthen MDBs to address the global challenges of 21st century. "Work on CAF recommendations will enable MDBs to utilise their existing resources more effectively," she said during the event. Sitharaman shared that the Paris summit front-runs the G20 New Delhi summit, which will take place in September this year.

Late Thursday night, the bill was passed in a 63-36 vote, a day after the 149 Republicans and 165 Democrats in the House of Representatives voted for the legislation, reports CNN. The bill will now be sent to President Joe Biden to be signed into law.