Aware Financial News

deadlines next month that you should be aware of. The following is a list of six financial deadlines in June 2024.

He blamed management for losses of $108.5 million he discovered last year.

European banks, which also play key custodian roles in the local sovereign debt trade, have sought the Reserve Bank of India's (RBI) go-ahead for a third-party transaction model to break the impasse involving their home authorities and domestic policymakers over audit oversight rights. «There was a meeting last month between the heads of four European banks and top RBI officials. The banks have sought the RBI's approval on the proposed third-party model because there is no established rulebook for this kind of arrangement,» a source aware of the developments said. After the meeting, attended by RBI deputy governor T Rabi Sankar, the overseas lenders concerned expect the central bank to communicate its views within the next few weeks, another source said.

Chandigarh's Sector 25, a stage has been set up. It is a show of unity — Congress, Aam Aadmi Party and Samajwadi Party leaders are sitting side by side and patiently waiting for their candidate, Congress spokesperson and former minister Manish Tewari. As soon as he enters the ground, two youths approach him and carry him on their shoulders with party workers thronging to garland him. By the time he reaches the stage, the garlands are almost covering half his face. He gets on the stage and local leaders begin their speeches. Tewari keeps it short as he is on a clock. He has just wrapped up a rally with Congress general secretary Priyanka Gandhi Vadra and has to catch up on the day's campaign schedule. «Dakshin Bharat mein BJP saaf hai, uttar Bharat mein BJP half hai. They are not crossing 150. INDIA bloc is forming the next government,» he says adding, «When I say we will give free 200 units of power to any family with an income below ₹20,000 per month, BJP says I have lost my mental balance. But I am not taking out money from their pockets. It is government's money that we will use.» Tewari is running a high-pitched campaign with the help of the Congress and AAP cadres.

Congress government in Himachal Pradesh is a bunch of thugs, alleged Union information and broadcasting minister Anurag Thakur while addressing a gathering in his constituency Hamirpur. He is pitted against Congress candidate Satpal Singh Raizada. Ten years of Modi government have made India world's fifth largest economy and your vote for BJP will ensure that Modi government makes India world's third largest economy in the next five years, he said at the gathering. In an interview with ET during his campaign, Thakur said soaring heat seems to have contributed to low voter turnout. One doesn't see much enthusiasm in the Opposition cadres, he said, adding that the morale of Congress and Opposition party workers is not high at all. That is why they «are not turning up to caste votes».

Google has leased 649,000 sq ft office space at Alembic City in Whitefield, Bengaluru, at a monthly rental of ₹62 per sq ft for a three-year lock-in period as part of its expansion strategy in India, said people aware of the deal. «This move is in line with the tech giant's proactive approach to leasing both traditional and flexible office spaces in major cities to strengthen its presence,» one of the persons said. In 2022, Google Connect Services India Pvt. Ltd, a subsidiary of the US technology conglomerate, had a renewed rental pact for about 600,000 sq ft office space in Hyderabad. The company also agreed with Bagmane Developers to lease 1.3 million sq ft office space in Bangalore. «Since 2020, Google's office space portfolio in India has increased by 3.5 million sq ft,» another person said. «The firm has a presence in five cities in India spread over 9.3 million sq ft of real estate footprint,» he said.

Rajkot Gaming Zone fire tragedy, the Gujarat High Court came down heavily on the civic body on Monday and said that all the municipal commissioners, right from the time the TRP game zone was set up in 2021 till the time of the incident, should be held responsible for the incident. Saying that the HC could no longer trust the state machinery which reacts only after loss of innocent lives, the division bench comprising Justices Biren Vaishnav and Devan Desai asked the municipal commissioners to file individual affidavits. The court further asked the Chief Fire Officers of Ahmedabad, Vadodara, Surat and Rajkot municipal corporations to file affidavits regarding fire safety measures within their respective areas.

Peel Regional Police say hundreds of vehicles worth $33.2 million have been recovered in a major auto theft investigation — with 37 containers worth of cars found at the Port of Montreal.

Also Read: Avaada Energy secures 1,050 MWp solar power project from NTPCHere’s a small example of how solar investing works if you are investing in solar assets through a Limited Liability Partnership (LLP).Initiation by an Organization: An organisation or housing society wants to set up cost-effective solar power for their consumption and have another source of energy. They don’t want to do it on their own as they are not sure about the initial investments.Role of the Leasing Platform: Now, a leasing platform steps in, instals, and maintains the solar panels.

killed 27 persons, including children. The game zone was operated without the fire NOC (no objection certificate), as per officials.The court reportedly pulled up the Rajkot Municipal Corporation on the Monday over the incident.

NEW DELHI:New Delhi: A high-ranking British delegation has cancelled its visit to New Delhi ahead of general elections in the UK, two persons aware of the development said, throwing talks on a planned free trade agreement into uncertainty.British prime minister Rishi Sunak has called elections on 4 July.Also read | The team was scheduled to arrive on Tuesday (28 May) to finalize terms on contentious issues such as work visas for Indians, duty relaxations, and imports of British-made electric vehicle, they said.New Delhi had been hopeful of progress on the trade agreement with the UK, frequently sending out teams of Indian officials to London for talks.The most recent was in the second week of May, during which the Indian deputy chief negotiator returned with reports of significant advances on mobility—an Indian demand—and electric vehicles.“The British officials have cancelled their visit without providing a 'specific reason. It is assumed that the announcement of elections may have led to the cancellation of their trip," one of those cited above said.“The deal was progressing very positively.

Delhi High Court has directed the Delhi Development Authority (DDA) to formulate comprehensive SOPs (standard operating procedure) and guidelines for booking Ramleela sites within five weeks from the date of order and no later than June 25, 2024. The bench of Justice Tara Vitasta Canju in an order passed last week stated that, «The DDA shall formulate comprehensive SOPs/guidelines for booking of Ramleela sites within five weeks from the date of this order and no later than June 25, 2024. In the event, the DDA seeks to rely on the list of Delhi Dharmik Mahasangh (DDM) or other third part organisations for these bookings, an appropriate clarification would be in the SOPs/guidelines to make all persons aware of such reliance. These SOPs/guidelines shall be publisiced by DDA.» In the meantime, no online/offline bookings of DDA ground/open spaces for Ramleela functions, shall be undertaken by DDA, till the new SOPs/guidelines for booking of Ram Leela sites is published, said the court.

NTPC Ltd has written to the power ministry proposing pooling of its «entire capacity» for sale of power to distribution companies, according to people aware of the development. If approved, the proposed move could ease supply and operations as the company would be able to sell power to a discom from any station and not restrict it to stage-wise units, people familiar with the matter said. The power purchase agreements (PPAs) with some discoms are signed in stages of commissioning and each stage is a separate entity for tariff and scheduling purposes.

BJP nominee for Buxar Mithilesh Tiwari is in a meeting with a restive group of disenchanted youth. There are growing reports of shifting loyalties of the young voters, particularly Brahmins. Speculation is rife that the youth in this constituency were showing an inclination to join the camp of independent candidate and ex-IPS officer Anand Mishra. One by one, they stood and spoke directly with Tiwari.

Prince Harry and Meghan Markle's recent trip to Nigeria has left Prince William and Kate Middleton feeling ‘terrified’, according to royal expert Tom Quinn.Tom Quinn told the Mirror that the senior royals, especially William and Kate, are terrified of one thing above all others, that “Harry and Meghan will continue to organise trips across the world until they are seen as the public face of the royal family".“The fear is made worse because William knows that with his wife stricken with cancer he cannot compete and he can’t stop the Meghan and Harry rollercoaster," Quinn noted.

A fatal plane crash is being investigated in the north end of Howe Sound, near Squamish, B.C.

Indian airports, calling it a “bottleneck" for passengers.In a post on X (formerly Twitter), Kapoor wrote, “Airport entry queues and ID/ticket checks - India is the only major country I am aware of that requires this. I wonder if there is a way forward that does not require this bottleneck."He further mentioned that DigiYatra, an application which helps facilitate a smooth and paperless air-travel experience, is only for tech-savvy air travellers.

Applying for your first credit card is a significant financial milestone. It can help you build your credit history, manage expenses, and even earn rewards. A credit card is a financial tool issued by banks that allows you to borrow interest-free money up to a certain limit to make purchases or withdraw cash. However, you must repay the borrowed amount within a stipulated period, usually with interest, if not paid in full by the due date.

As April approaches, the importance of tax plans becomes increasingly critical. While salaried employee dutifully plan their investment declaration, the importance of tax planning extends far beyond that initial declaration. After April, various opportunities and concerns could drastically affect the tax situation. From maximizing deductions to investment strategy, understanding why tax plans matter after April is key for people looking to optimize their financial results and reduce their tax liabilities.

Question: When will ITR e-filing start this year? When can salaried taxpayers start filing their tax returns for AY 2024-25? Also, kindly enlighten us on the new AIS functionality.

Financial products are usually meant for young generations as they understand the technology well and can use them more appropriately. That is, however, fast becoming a thing of the past. These days even seniors have started using financial products more frequently. For instance, the adoption of credit cards by all age groups has become a new trend now. Many senior citizens like to have credit cards and keep spending based on their requirements.