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Social Security Fairness Act may finally going to be implemented, but things are still stuck at the Senate, and needs passing, that will help restore social security rights of public sector workers. The social security acts had taken a major backseat during the US Presidential election 2024, but now the last leg of the US administration under Joe Biden may now take the Social Security Fairness Act seriously, and public sector employees may finally heave a sigh of relief.

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Credit cards come in two broad categories – personal and business. The fine print of personal credit cards clearly says that they cannot be used for business spending, and hence separate cards are issued for business expenses. However, the majority of self-employed or business owners bill some of their business expenses to their personal cards. This begs the question: How do banks allow this?

Bridge and Roof Company (India) Limited, a central PSU, in connection with a bribery case after Rs 10 lakh was seized from a luxury car in which he was travelling in Bhubaneswar, officials said Sunday. Besides Chanchal Mukherjee, Group General Manager (GGM) of Bridge and Roof Company, two private persons — Santosh Moharana, Director of Penta A Studio Private Limited and middleman Debadutta Mohapatra — were also arrested for allegedly bribing Mukherjee, they said. The central probe agency had conducted a trap operation after registering a case against four persons including the three arrested accused. According to the CBI, the accused were allegedly indulging in corrupt and illegal activities in the matter of awarding work orders of the PSU and clearing bills in lieu of undue advantage in the form of bribe.

Subscribe to enjoy similar stories. MUMBAI : The Banking Laws (Amendment) Bill, 2024, which allows bank account holders to have up to four nominees, marks a significant shift in how money invested in banking products can be managed and distributed after the account holder's demise. The bill, passed by the Lok Sabha on 3 December, says that nominees are only custodians and safekeepers representing the beneficiaries (if there is a testamentary document, e.g., Will/Trust deed) and heirs (in the absence of a testamentary document).

Bhartiya Nagrik Surakhsha Sanhita 2023. The plea has been filed through advocate Vishal Tiwari, which oppose and challenge the constitutionality of some provisions in criminal laws passed in Lok Sabha on December 20, 2023. In the petition, advocate Vishal Tiwari has urged the Supreme Court to consider his representation and and declare the Provisions/Section 187(2) (3), 43(3), 173 (3) and 85 of the Bhartiya Nagrik Surakhsha Sanhita 2023 as Ultra vires/ Unconstitutional being Violative of Article 21 of the Constitution of India.

Insurance Amendment Bill, which proposes 100 per cent FDI in the insurance sector, may not be introduced in Parliament in the ongoing session, sources said. Some finetuning may be required in the draft Bill after receiving comments from stakeholders, sources said. Given the paucity of time, it is difficult to present the Bill in the ongoing session, sources said, adding it may, however, come in the Budget session. The finance ministry has proposed to amend various provisions of the Insurance Act, of 1938, including raising foreign direct investment (FDI) in the insurance sector to 100 per cent, reduction in paid-up capital, and provision for composite licence.

Lululemon Athletica and other companies and as U.S. jobs data fueled expectations the Federal Reserve would cut interest rates this month. The Dow finished lower, as a 5.1% drop in UnitedHealth Group shares weighed on the index.

Deciding whether Juan Soto tops Shohei Ohtani for baseball’s largest contract could be in the eye of the beholder because of all the deferred money in Ohtani’s deal

Subscribe to enjoy similar stories. The crew of the Grand Sunny cargo ship has been stuck at sea for a year, unpaid and often hungry, after the vessel’s mysterious owner stopped paying the bills. The fate of the 11 men on board the Grand Sunny off the coast of China is increasingly common in the global shipping industry.

Democrats in Michigan are pressing to pass reproductive health care legislation before the party loses its majority with the new legislative session next year

Aircraft Act, 1934 and provides for manufacture and maintenance in the aviation sector, remove redundancies and for ease of doing business. The Bharatiya Vayuyan Vidheyak, 2024, was passed after a reply to discussion by Civil Aviation Minister K Rammohan Naidu. Lok Sabha has already passed the bill. The minister answered queries of members on a range of issues including to rise in air ticket prices.

Jensen Huang, the CEO of Nvidia, is the 10th-richest person in the United States, worth $127 billion. In theory, when he dies, his estate should pay 40% of his net worth to the government in taxes. But Huang, 61, is not only an engineering genius and Silicon Valley icon whose company, the world's second-most valuable, makes the chips that power much artificial intelligence. He is also the beneficiary of a series of tax dodges that will enable him to pass on much of his fortune tax free, according to securities and tax filings reviewed by The New York Times. The savings for his family are on a pace to be roughly $8 billion. It likely ranks among the largest tax dodges in the United States.

high court judges, the government told the Rajya Sabha on Thursday. It also underlined that there is no mention of any «cooling off» period in the Constitution for post-retirement assignments for judges. SC judges retire at the age of 65, while HC judges demit office at 62. District judges retire at the age of 60. «There is no such proposal for increasing the retirement age of judges of the Supreme Court and high courts,» Law Minister Arjun Ram Meghwal said.

If you’re thinking of getting your winter tires, now might be a good time.

Mexico's Senate has voted to charge cruise ship passengers $42 per head for port calls, drawing sharp criticism from the tourism industry

Facebook’s parent company Meta says it will build a $10 billion artificial intelligence data center in northeast Louisiana

Rajya Sabha Wednesday passed The Boilers Bill, 2024 which seeks to repeal the century old Boilers Act, 1923 and decriminalise seven offences to promote ease of doing business. The Bill would provide for the regulation of boilers, safety of life and property of persons from the danger of explosions of steam-boilers and uniformity in registration. The Union Cabinet had cleared the bill in August. “The Boiler Bill, in a way, keeps the country safe and secure. It provides for a clear and transparent regulatory mechanism and sets accountability,” said commerce and industry minister Piyush Goyal.

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Rajya Sabha on Wednesday cleared a bill to provide for the regulation of boilers, safety of life and property of persons from the danger of explosions of steam-boilers and uniformity in registration. The Boilers Bill, 2024 seeks to repeal the century old Boilers Act, 1923. The bill, which aims to decriminalise seven offences and promote ease of doing business, was cleared in the Upper House by a voice vote. The bill also provisions to ensure the safety of persons working inside a boiler, it said, adding, it also talked about repair of boilers to be undertaken by qualified and competent persons.