Action Financial News

On Thursday, a crypto trader lost $70,000 in mere seconds on the Binance crypto exchange to a hacker.

Sebi) has barred fund manager Brick Eagle LLP for a period of one year after finding it guilty of compliance violations, as per an order uploaded on the regulator's website. It has also taken action against Catalyst Trustee, on whom it imposed a one-year ban on the grounds that it overlooked compliance violations by the fund manager. The ban is only applicable to trustee services provided to funds by Catalyst and not to its mainstay debenture trustee business. Brick Eagle LLP, promoted by former Standard Chartered executive Rajesh Krishnan, had announced a ₹500 crore affordable housing fund in 2017 to fund housing projects priced under ₹10 lakh a unit, for which the government was providing subsidies.

ALSO READ: Ishan Kishan, Shreyas Iyer axed from BCCI's contract list - Here's why Earlier, Kishan and Iyer were excluded after ignoring the directive to play Ranji Trophy. However, skipper Rohit Sharma and star batter Virat Kohli retained their place in the Grade A+ category. Even Jasprit Bumrah and Ravindra Jadeja too were included in the same category.

wealth and spiritual essence intertwine, the concept of abundance unfurls its sails, with the winds of cosmic generosity. It is not merely a measure of possessions but an attitude cultivated within that beckons us to traverse the seas of plenty, steering away from the shallow waters of scarcity ingrained since childhood. The journey toward abundance commences with a deep introspection, peeling back the layers of conditioned scarcity. Despite the ostentatious opulence one may possess, scarcity mindset is rooted in our upbringing. Abundance, therefore, transcends the mere accumulation of wealth; it is an individual set of values and an attitude to 'give' generously. The air we breathe, sunlight that bathes the earth, the endless expanse of water, the vastness of space and the twinkling stars have all been bestowed freely upon us. Ultimate philanthropist nature teaches us that abundance is a birthright, not an earned privilege.

political turmoil, numerous voices have advocated for boycotting products, services, brands and even nations as a mark of protest. Take the BDS — boycott, divestment, sanctions — movement, which wants to pressure Israel to change its policies towards Palestinians through various forms of economic and political actions. It first gained international attention in the early 2000s. It has targeted global business entities such as Nestle, Burger King, Disney, Siemens, HP, Puma, Carrefour and others for supporting Israel, covertly or overtly. Many governments have also taken this route. Last year, Turkish parliament withdrew Coca-Cola and Nestle products from restaurants in parliament for supporting Israel. India has done things more subtly. It used BJP's social media arm to mobilise people to boycott Chinese products after border skirmishes, and to boycott the Maldives as a tourist destination after a minister made uncharitable remarks about India.

youngster had come and "kept a small bag which exploded after an hour". He said the timer was fixed for a blast to happen after one hour. As many as 10 people were injured in the explosion that rocked the famous cafe, the Karnataka Congress leader said.

BOGOTÁ, Colombia—All this week, the news couldn’t have been brighter for Biden administration officials trying to slow migration through the jungle that connects South America with Central America, an essential corridor for would-be immigrants heading to the U.S. A Colombian crackdown on boats that are indispensable in getting migrants to the Darién Gap had left several hundred migrants stranded and far from its trails, local officials and businesses who cater to migrants said.

Lok Sabha elections that the country will undergo soon, the Election Commission of India (ECI) has released an advisory for the political parties, candidates and star campaigners where it warns them of stern action in case of direct or indirect violation of Model Code of Conduct which is expected to come into effect with the announcement of the Lok Sabha and four state assembly polls later this month. «The Election Commission will assess any indirect MCC violations as per advisory as a fair basis to rework the notices to be given in terms of time and content in issue in the forthcoming elections. For the general election to the Lok Sabha and four state Legislative assemblies, all phases and geographical areas of the elections shall be the basis for determining „repeat“ offences,» asserted the Commission in its advisory. Based on recent trends, EC has also urged parties to maintain decorum and utmost restraint, raise level of election campaign to issue-based debate.

ALSO READ: Lok Sabha Elections 2024: Who is likely to get BJP ticket in first list? State-wise details Among others, the ECI advisory said, "No aspect of the private life, not connected with the public activities, of the leaders or workers of the other parties is to be criticized. Low-level personal attacks to insult the rivals shall not to be made." "No temples/mosques/churches/gurudwaras or any other place of worship are to be used for election propaganda of engineering.

₹1,074.05 and gained 2.5 per cent to hit an intra day high of ₹1,101.60 against its 52-week high of ₹1,151.50 apiece on the BSE. Religare Broking highlights that in its report that Axis Bank has remained one among the top performer among the private banking majors and we expect the outperformance to continue.

Archer-Daniels-Midland (ADM) said on Friday it expects to disclose a material weakness in its financial reporting controls within its annual report, which it seeks to file by March 15.

ALSO READ: PM Modi says ‘step toward Atma Nirbharta’ while unveiling projects worth ₹35,700 crore in Jharkhand. 10 things to know 2) “JMM and Congress have only considered the Adivasis as their vote bank... They will never let the talented people of the tribal communities come forward.

Canada's immigration minister says his country is reimposing the visa requirements on Mexican nationals visiting Canada

A group of state attorneys general has challenged the U.S. Securities and Exchange Commission’s (SEC) authority in the ongoing lawsuit against the cryptocurrency exchange Kraken. 

From November 19, 2023, to February 19, 2024, BiFinance successfully initiated and completed a new BFT (BiFinance Token) buyback and burn program. This buyback and burn marks the second repurchase action, with a total of 2,096,149 BFT tokens repurchased and transferred to a burn address.

The special session is part of the framework for the Business Continuity Plan (BCP) and Disaster Recovery Site (DRS) for stock exchanges and depositories and would involve intraday switchover to the Disaster Recovery site.

Google has started de-listing some of the apps in India alleging that they were non-compliant with its Play Store policies, ET has learnt. Murugavel Janakiraman, founder and MD of Matrimony.com, which operates portals including BharatMatrimony said that Google took down five to six of its apps on Friday.

Rajeev Mantri, MD, Navam Capital, says “talking about the whole public sector enterprise, what could be a trigger after elections for this area is the implementation of the privatisation policy. So, for the first time, we have had a notified privatisation policy issued by the Government of India and the government has stated that it will completely exit certain sectors.”

Dhaka Medical College Hospital and an additional 10 at the Sheikh Hasina National Institute of Burn and Plastic Surgery. The Inspector General of Police later confirmed another death at the Central Police Hospital, bringing the total to 44 casualties.

The Financial Action Task Force (FATF) has downgraded Russia’s compliance rating due to its “insufficient regulation of virtual assets and cryptocurrencies.”

13th ministerial conference (MC13) of the World Trade Organization (WTO) got extended and entered into the fifth day as the 166-members couldn’t reach a consensus on key issues of agriculture, fisheries subsidies, ending the moratorium on imposing customs duties on e-commerce transmissions and dispute resolution reform. Moreover, talks on elements on trade inclusiveness, women’s participation in trade, industrial policy and environment, in the draft Abu Dhabi package also remained unresolved. “Members are indicating that additional time will be needed to iron out some of the outstanding issues,” said an official, adding that, for this reason, the informal meeting of heads of delegation and the formal closing session were postponed to Friday.