Action Financial News
03.07 / 20:39
Action
Maharashtra news: Sharad Pawar sacks rebel NCP leaders as Ajit Pawar-led group announces new appointments
MPs. "Your actions of supporting Ajit Pawar and the eight other MLAs, who have sworn oath as Ministers in violation of the party's direction and mandate, ex-facie amount to anti-party activities and that you deemed to have voluntarily left the membership of Nationalist Congress Party," Pawar said in a communication which was also sent to the two party MPs.
03.07 / 17:43
COST
Action
TCS
How to get 5% TCS for remittances beyond ₹7 lakh
₹7 lakh per annum for TCS on all categories of LRS payments, through all modes of payment, and for all purposes, has been restored. The Central Board of Direct Taxes (CBDT) has issued some important guidelines on the implementation of changes relating to TCS under the LRS and for overseas tour packages. The restoration of the exemption limit is indeed a very positive move and removes the undesirable differential treatment for different purposes and modes of remittances.
03.07 / 17:27
UPS
Target
Action
POT
Thou doth protest much
Stagnant wages? Smash up a bank. Elitist education policies? Burn some cars. Complacent royal family? Revolution!...
03.07 / 17:27
UPS
Action
Karya and akarya
A. As long as we are in maya, we cannot be certain, like Krishn, about what we should do or say. In this case, see what people senior to you, in terms of experience and wisdom, have done, and listen to your conscience.
03.07 / 17:27
Action
Southern
July rail strikes: Check dates, which trains will be affected and more
Union heads argue that rail operators and the government are not meeting their demands, pouring fuel to the fire – and subsequently – expanding the strike calendar. RMT General Secretary Mick Lynch said, “This latest phase of action will show the country just how important railway staff are to the running of the rail industry.” “My team of negotiators and I are available 24/7 for talks with the train operating companies and government ministers,” he added. Moreover, drivers at 16 rail operators will refuse to work overtime for six days in July due to a long-running pay dispute. The Aslef union announced that its members will withdraw non-contractual overtime from July 3 to 8. This action, short of a strike, follows a vote in favor of continuing industrial action. The overtime ban has led to timetable changes, service cancellations, and disruptions for passengers. South Western Railway and Chiltern Railways have adjusted their schedules during this period.
03.07 / 16:51
UPS
Digital
Action
Strategy
Pool
Needed: A credible plan to fix India’s statistical system
rb.gy/6k3bi). This column is about its key takeaways, focusing on what the Indian state should do to fix the gaping holes in our statistical system. A majority of stakeholders feel that India’s statistical system is facing a crisis, and one that has been long in the making.
03.07 / 16:51
Provident
FIVE
Action
Compilation
LG VK Saxena terminates 400 ‘specialists’ working in Delhi govt’s various departments
New Delhi: Lt Governor V K Saxena has terminated the services of around 400 'specialists' appointed by the AAP government in different departments, officials said on Monday, a decision that could trigger a fresh round of confrontation between the ruling party and the LG. They were engaged in a "non-transparent manner" and without the mandatory approvals of the competent authority, the LG office said in a statement while alleging several irregularities in the recruitment process.
03.07 / 14:51
03.07 / 14:51
UPS
Citi
Action
Boeing
Browser
Uk interest rates
UK interest rates – what’s next and are they high enough to cool inflation?
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03.07 / 14:37
Provident
SEC
Action
Southern
Workday
Broker
Broker-dealer employee hit by SEC legal action
The Securities and Exchange Commission has taken legal action by filing insider trading charges against Jordan Meadow, a registered representative employed by broker-dealer Spartan Capital Securities in New York, and Steven Teixeira, chief compliance officer at international payment processing company Lian Lian Pay (LL Pay).
03.07 / 14:37
UPS
Progressive
Career
Action
Strategy
Financial Advice
end
Financial
How the end of affirmative action could hurt financial advice
The Supreme Court’s bombshell ruling Thursday striking down race-conscious college admissions programs will likely hurt diversity within the financial advice profession — but the degree to which it will do so is unclear, observers said.
03.07 / 14:37
COST
SEC
Action
Strategy
SEC report on RIA mandatory arbitration leaves many questions about potential investor harm
An SEC report showing more than half of investment advisors use mandatory arbitration clauses in client agreements still leaves much unknown about potential investor harm, lawyers and an advisor said Thursday.
03.07 / 14:05
Blockchain
Ethereum
Binance
Hack
defi
Action
Lost
Report: Over $204 Million Lost to DeFi Hacks and Scams in Q2
More than $204 million was lost in various hacks and scams in the decentralized finance (DeFi) space during the second quarter of 2023, a new report by crypto portfolio app De.Fi has found.
03.07 / 13:31
Twitter
Digital
Action
Shah Rukh Khan's much-awaited 'Jawan' trailer to release alongside 'Mission Impossible: Dead Reckoning' in theatres
Shah Rukh Khan's film 'Jawan' will be dropped along with the theatrical release of 'Mission Impossible 7’'. According to a report by The Times of India, the trailer for 'Jawan' will be attached to the prints of Tom Cruise's action thriller 'Mission: Impossible — Dead Reckoning Part One', set to be released on July 12, 2023. The groundbreaking announcement has sparked immense excitement among fans, eager to catch a glimpse of SRK’s thrilling new venture. A fan page of the actor shared the news on Twitter and wrote, «So, not even a teaser. We are going to get a direct ‘Jawan’ trailer within a week or so. The first announcement video has worked no less than any teaser. The trailer will have enough time to grow. Then massy & chartbuster songs to release. Let the storm come!»
03.07 / 13:15
03.07 / 13:15
UPS
Aviat
Action
Airlines
Centre
Business travel remains strong despite cancellations: Flight Centre
Flight Centre boss Graham Turner says domestic business travel is strong despite ongoing cancellation issues includingmore than 100 cancelled flights at Sydney Airport over the weekend as the school holidays began.
03.07 / 12:38
UPS
Provident
Action
28% of Workers Dip Into Retirement Funds Amid Pandemic
The United States isn’t known for offering a secure retirement, and the pandemic isn’t helping. More than a quarter of workers have taken or plan to take a loan or withdrawal from their retirement accounts because of the pandemic, according to a June survey from the Transamerica Center for Retirement Studies. At the same time, Social Security funds have taken a hit, lowering the funds’ reserves even further.
03.07 / 12:38
03.07 / 12:37
UPS
Provident
Platform
Action
Strategy
penalty
Robinhood Slapped With $70 Million Penalty
Robinhood Financial, which runs a popular commission-free online trading application, has been hit with a record $70 million penalty for misleading customers, approving ineligible traders for risky strategies, and not supervising systems that failed and ended up locking millions of people out of trading.
03.07 / 12:37
03.07 / 12:37
UPS
Lowe's
SEC
Action
GameStop
Reddit
Meme Stocks’ Rollercoaster Ride Catches SEC’s Eye
The U.S. Securities and Exchange Commission (SEC) issued a warning on Monday to the markets amid ongoing volatility in AMC, the latest stock to be whipsawed by retail investors, including those on Reddit message boards.
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