Action Financial News
14.08 / 15:11
14.08 / 15:02
Extreme
Action
awards
WhatsApp
country
CRPF gets highest number of gallantry medals on Independence Day
Central Reserve Police Force (CRPF) has been awarded the highest number of police gallantry medals — 52 — on the occasion of the 78th Independence Day. The Union Home Ministry declared the names of the awardees on Wednesday. Out of the total medals, 25 decorations have been awarded for action during operations in Jammu and Kashmir while 27 are for operations in the anti-Maoist operations in various Left Wing Extremism affected states, a senior CRPF officer said. Among the awardees is Sub-Inspector Raushan Kumar who has been honoured with the bravery medal posthumously for his gallant action against Maoists in Bihar in February 2019.
14.08 / 15:01
MET
Action
Remark
Trade
information
reports
India seeking review of certain provisions of free trade agreement with UAE
free trade agreement with the UAE, which came into force on May 1, 2022, Commerce Secretary Sunil Barthwal said on Wednesday. He said that India is in discussions with the UAE and there are various issues which can be discussed in the review. The UAE is the third largest trading partner of India with USD 83.65 billion bilateral trade in 2023-24. The agreement is officially dubbed as Comprehensive Economic Partnership Agreement (CEPA). «As regards CEPA, there are two things — one is the value addition norms and the second is reduction (of customs duties). So we are in discussion with them and there are various issues which are discussed under CEPA review. So, I think we are seeking a review with them and once we get it, then we will look at all the issues holistically,» he told reporters here.
14.08 / 14:09
Action
students
Universities
country
prevention
Scandals
International
Poland tightens visa rules for international students to prevent abuse
Poland has tightened its visa rules for international students. This action comes after Poland's «student visa scandal» that broke out in May. Poland's Foreign Minister, Radoslaw Sikorski, announced a significant change in the country's visa policy, declaring that student visas will no longer be issued to foreigners without high school diplomas. The decision aims to prevent misuse of student visas by individuals seeking to work in the European Union illegally. This move comes after a scandal exposed by the Polish daily Dziennik Gazeta Prawna revealed that some foreign nationals were obtaining student visas despite not meeting university admission requirements in their home countries. These individuals often failed to attend the universities they were registered at, instead using their student visas to work within the Schengen Area.
14.08 / 13:22
Cooper
Action
security
WhatsApp
Nov
Schools
Indian Army's K-9 squad participate in 10th edition of India-Sri Lanka joint military exercise
Indian Army's K-9 squad is participating in the 10th edition of India-Sri Lanka joint military exercise 'Mitra Shakti'. The 10th edition of the India-Sri Lanka Joint Military Exercise Mitra Shakti began on August 12 at the Army Training School, Maduru Oya, Sri Lanka. The Exercise will conclude on August 25. Indian contingent comprising 106 personnel is being represented by a Battalion of Rajputana Rifles along with personnel from other arms and services. The Sri Lankan contingent is being represented by personnel from the Gajaba Regiment of the Sri Lankan Army.
14.08 / 13:07
Booking
Action
WhatsApp
Courts
Centre expects hit of over Rs 1 lakh crore from apex court order allowing retrospective mining levies
mining companies because of retrospective applicability of the Supreme Court order allowing state governments to levy taxes besides royalty on mining operations. “We are studying the impact of the Supreme Court order and will take a call on the future course of action. It is estimates that the industry wide impact is over Rs 1 lakh crore,” a top government official told ET while adding that retrospective applicability of the levies is a major concern. Estimates from the mining industry peg the total payout at much higher. According to B K Bhatia, Additional Secretary General at the Federation of Indian Mineral Industries (FIMI), the Indian mining industry as arrears may work out to the tune of more than Rs. 1.5 to Rs. 2 lakh crores.
14.08 / 11:31
markets
Aviat
Action
Airlines
security
WhatsApp
Courts
Delhi HC asks SpiceJet to ground three engines and return them to lessors in 15 days
SpiceJet Ltd, the Delhi High Court on Wednesday asked it to ground the three engines by Friday and return them to its lessors — Team France 01 SAS and Sunbird France 02 SAS — in 15 days. It also asked the low-cost carrier to make arrangements for inspection of these engines. The Ajay Singh-led carrier has been struggling to secure funding following consecutive quarterly losses. The airline faces legal action from lessors over unpaid dues and has had requests made to the aviation regulator for de-registering their aircraft.
14.08 / 11:14
Citizens
Action
social
reports
rights
Videos
Bangladesh crisis: Cong MLA urges PM Modi not to hesitate to take action like Indira did in 1971
Karnataka Congress legislator on Wednesday urged Prime Minister Narendra Modi not to hesitate to take decisive military action like former PM late Indira Gandhi did in 1971. Rizwan Arshad, who represents Shivajinagar Assembly constituency in Bengaluru, in a letter to Modi, also appealed to him to take «decisive action» to not only address concerns of minorities in Bangladesh but also in India, who have been under «constant attack both economically and socially by the right wing.» «I write to you today as a concerned citizen of India deeply distressed by the recent reports and videos circulating on social media, highlighting the ongoing political turmoil in Bangladesh and the atrocities being reported against Hindu minorities in the region,» Arshad said.
13.08 / 23:09
markets
Blockchain
Citi
Action
security
Trade
Is Bitcoin Price About to Explode? El Salvador’s ‘Bitcoin City’ Secures $1.6 Billion
Bitcoin’s recent price action has sparked interest among investors, especially as El Salvador’s ambitious $1.6 billion investment in “Bitcoin City” gains momentum.
13.08 / 20:53
Blockchain
Provident
Action
Election
President
Bitcoin
reports
Kamala Harris to Intensify Crypto Crackdown if Elected: Report
Jimmy has nearly 10 years of experience as a journalist and writer in the blockchain industry. He has worked with well-known publications such as Bitcoin Magazine, CCN, Business2Community, and...
13.08 / 19:38
UPS
Provident
Aware
Action
Trade
rights
LIC sees red over policy 'trading' by ACESO, to take legal action
Life Insurance Corporation of India is preparing for a second legal battle over trading in insurance policies, something the insurance behemoth says is illegal, arguing that such transactions threaten to hit at the root of the industry and expose policy buyers to losses. India's biggest insurer is seeking to challenge legally the campaign by ACESO, a company that claims to be an asset monetiser and focused on buying up LIC policies, said officials aware of the plans. It is luring policyholders to transfer their rights to it for a consideration instead of surrendering them. ACESO, founded by two chartered accountants — Ketan Mehta and Himanshu Ashar — is offering ALIP or Assign Your Life Insurance Policy. This it says is based on a legal contract which is permissible under the law. It brings double benefits to those involved in the insurance policy — the agents and the policyholder. When assigned, ACESO is said to be paying more than what LIC would have paid and the continuity of commissions for agents.
13.08 / 18:09
13.08 / 17:33
Action
Southern
community
reports
testing
Department
Updates
British energy giant reports violating toxic pollutant limits at Louisiana wood pellet facilities
British energy firm Drax Global, already facing scrutiny for violating environmental regulations, disclosed this year that its Louisiana wood pellet production facilities emit hazardous air pollutants above permitted limits
13.08 / 16:49
UPS
MET
Action
wellness
President
Karnataka: Rival faction in BJP plans another yatra against Congress, minus state unit chief Vijayendra
Karnataka BJP unit has come to the fore with sections of leaders holding secret parleys and planning a separate padayatra against the ruling Congress in North Karnataka, next month. The group does not want to involve the State unit president BY Vijayendra in an apparent challenge to his leadership. A dozen of them met in Belagavi on Sunday on the pretext of chalking out plans for the padayatra, but the discussions were focused around the 48-year-old leader’s style of functioning and how they could rein him in, sources said. Some of those who attended were former MLAs and MPs.
13.08 / 16:15
markets
Action
security
MSCI
trends
Trade
show
Ahead of Market: 10 things that will decide stock action on Wednesday
equity indices Sensex and Nifty closed in the red on Tuesday, dragged by HDFC Bank, which will likely see lower-than-expected inflows because of a staggered adjustment of its weight on a key MSCI emerging market index. Broad-based selling pressure also contributed to the market's downturn. The NSE Nifty 50 index shed 0.85% to 24,139, while the S&P BSE Sensex lost 0.87% to 78,956.
13.08 / 14:52
Cooper
SEC
Action
security
Trade
reports
Investigations
B. Riley misses report to regulators as it struggles to value assets
B. Riley Financial Inc., the embattled investment firm, is struggling to value its assets after months of concern about flawed accounting and a federal investigation culminated in a 52% one-day plunge.
13.08 / 09:33
Provident
BLOCK
Action
economy
Experts
show
Govt to launch all-India drive to weed out fake GST registrations from 16 August
Central and state authorities will launch a two-month-long nationwide drive against fake goods and services tax (GST) registrations to weed out bogus entities used for evading tax, showed an official order from the Central Board of Indirect Taxes and Customs (CBIC). The drive, which will run from 16 August to 15 October, seeks to detect suspicious or fake GST registrations and conduct thorough verification to weed out entities engaging in fake invoicing, according to the order.
13.08 / 09:28
UPS
Action
Apple
Software
Features
Updates
Apple rolls out iOS 18 public beta 4: Changes to Control Center, dark mode icons and other new features
Apple is finally giving users a way to easily turn Bluetooth on and off. There is a new dedicated Bluetooth toggle in Control Center, separate from the standard connectivity control.
13.08 / 09:21
MET
Action
Assurant
Election
DAL
Ensure level playing field during assembly polls: EC team tells Haryana officials
Election Commission has directed district election officers and superintendents of police in Haryana to act with complete impartiality and ensure a level playing field for free and fair assembly elections. Underscoring its focus on an inducement-free poll process, the commission directed the enforcement agencies to work in a coordinated manner to curb the inflow of illicit liquor, cash and drugs. The directions were issued by an Election Commission (EC) team led by Chief Election Commissioner Rajiv Kumar. The team is on a two-day visit of Haryana to review poll preparedness for assembly elections, likely to be held later this year.
13.08 / 08:49
Action
Diversity
Discrimination
Reboot calls on financial services to protect professionals amid far-right riots
The diversity group said firms should support their teams by taking a clear stance, being explicit in their communications and actions that «there is no place for hate or discrimination in the workplace», and in vocalising support for those affected. It acknowledged that some companies have started sharing wellbeing kits with staff for further assistance, but argued this «does not go far enough». Reboot added: «August 2011 was the last time the UK saw race-related riots on the scale we have seen in recent days. „After those events, many organisations and individuals committed to d...
13.08 / 04:13
COST
Platform
Action
wellness
Experts
India’s first small and medium Reit faces pushback from existing investors
₹50 crore and ₹500 crore. However, Propshare's existing investors rejected the migration to SM Reit status. High upfront costs, including a 6-6.5% stamp duty, may have led to the 'no' vote, as indicated by a mail sent out by the platform.
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