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demat accounts offers several benefits that can enhance the efficiency and convenience of managing securities transactions. Here are some key advantages: Streamlined Settlements: The auto pay facility allows for automatic transfer of securities and funds to settle trades. This streamlines the settlement process and reduces manual intervention.

iMobile Pay, and marks a significant shift from the previous requirement for NRIs to register an Indian mobile number for similar transactions. Sidharatha Mishra, Head of Digital Channels and Partnerships at ICICI Bank, commented on the launch, “We are delighted to partner with NPCI to launch the UPI facility on international mobile numbers through iMobile Pay. With this facility, our NRI customers residing in 10 countries do not need to switch to an Indian mobile number to pay using UPI.

Kenyan President William Ruto announced a major policy shift in the country’s approach to cryptocurrency on May 3, revealing that his government has appointed U.S.-based Bitcoin mining company Marathon Digital as its consultant.

Daylight saving time 2024 has begun in the USA and it will end on November 3. During the period spanning from March to November, a common practice among the majority of Americans involves the adjustment of their clocks forward by one hour, known as daylight saving time. Even though there is no federal law to enforce Daylight saving time, most of the states are following the annual practice. However, Arizona and Hawaii do not follow Daylight saving time policy.

Korba (Chhattisgarh): «Water is our biggest problem,» says Shivratan Singh, a resident of Lad village, about 65 km from Korba, which is India's biggest coal and power producing town in mineral-rich Chhattisgarh. Singh points to the water tank on the side of the road and says it had been constructed under Jal Jeevan Mission about a year back and taps also installed. «But they forgot to give us connections.» Just about a kilometre away is a dry pond. Villagers laugh when they point towards it. «We have never had water in this,» they say speaking about this pond which was dug under Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS). They complain about hefty electricity bills, unpaid MGNREGA wages and of remaining uncovered under the PM Awas Yojana. Brij Lal, a resident of Chhindwarpara village in the same block, says development schemes have never reached them. But what has excited them the most in this election is Congress' Mahalakshmi scheme which promises ₹1 lakh per year to women of every poor family. Listed as one of the aspirational districts by NITI Aayog, Korba is a study of contrasts.

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₹1.03 trillion till November 2023, resulting in production/sales of ₹8.61 trillion and employment generation of over 678,000. Third, several measures have been taken to improve the ease of doing business. These include liberalized foreign investment rules and the launch of a unified tax system, GST.

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Onions in Chapter 07 of Schedule 2 of the ITC (HS) Export Policy," as quoted by PTI. In addition to this adjustment, a 40% export duty on onions was introduced starting May 3.

Canada's New Democratic Party (NDP) leader Jagmeet Singh has again alleged an Indian government hand in the killing of India-designated terrorist Hardeep Singh Nijjar despite police personnel not giving any evidence of any link to India's involvement in the killing of Nijjar. Jagmeet Singh's NDP has supported the Liberal minority government led by Justin Trudeau in exchange for support on some key bills. After the Canadian Police announced the arrest of three accused in the killing of Hardep Nijjar, Jagmeet Singh claimed that there was an Indian hand in the same.

BJP is working hard and will win all 11 Lok Sabha seats in Chhattisgarh, sayschief minister Vishnu Deo Sai. In a conversation with ET in Korba, he says his government is examining all Congress schemes and may discontinue some and why Naxal attacks and encounters have increased since BJP assumed power. Excerpts: On prospects in LS polls We are considering all 11 seats as tough and working hard everywhere. We will win all 11 seats.

Equitas Small Finance Bank with a target price of Rs 115. The current market price of Equitas Small Finance Bank is Rs 94.49 Time period given by analyst is year when Equitas Small Finance Bank price can reach defined target. Equitas Small Finance Bank, incorporated in the year 1993, is a banking company (having a market cap of Rs 10780.55 crore).

Google has asked a U.S. judge not to impose sweeping changes to the Alphabet unit's app store Play that were proposed by «Fortnite» maker Epic Games in the companies' closely-watched antitrust fight. Google made its filing late on Thursday in San Francisco federal court, where Epic last year persuaded a jury that the tech giant unlawfully stifled competition with its controls over apps downloads on Android devices and payments to developers for in-app transactions.

OCI investors to enter the market. Existing non-resident investors have also been affected. Due to this, many NRIs are losing out on the ability to capitalize on investment opportunities. The new KYC norms, which came into effect on April 1, 2024, introduced stringent requirements, rendering certain documents such as bank statements or utility bills not considered valid documents for completing the KYC process. While the new rules aim to enhance security and compliance, they have inadvertently created investment barriers for NRIs. As per the Aadhaar rules, NRIs and OCIs with foreign mobile numbers are exempted from the Aadhaar-linked OTP verification requirements, provided their PAN reflects their NRI status. Despite such an exemption, the new KYC norms of compulsory Aadhaar validation to get 'KYC Validation' status portray a different scenario and have created a conflict of regulations for the Indian diaspora.

Consumer groups are pushing Congress to uphold automatic refunds for airline passengers whose flights are canceled or delayed for several hours

A bipartisan group of senators wants restrictions on the use of facial recognition technology by the Transportation Security Administration

Bill Romanowski, the ex-NFL star, and his wife have filed for bankruptcy. This came after the Department of Justice claimed that the couple did not pay $15.5 million in «back taxes». Romanowski and his wife's move on Monday came just a day ahead of scheduled hearing, as per reports on USA Today and New York Post. Former NFL player Bill Romanowski and his wife find themselves embroiled in controversy, facing accusations of failing to pay millions in taxes dating back to before Romanowski's retirement from the NFL in 2003. The couple is further alleged to have utilized funds from their nutrition company, Nutrition53, to cover personal expenses for their family, as per reports.

Also Read: India's oil import bill could rise to $101-104 billion in FY25, says ICRA report Additionally, the EIA reported a notable rise in US crude oil production to 13.15 million barrels per day in February, up from 12.58 million bpd in the previous month. This marks the most significant monthly increase in almost three-and-a-half years. In just two sessions in May, both Brent and Crude futures experienced a 5% decline.

New Know-Your-Customer (KYC) regulations effective from 1 April have sent many investors into a tizzy, as they find their accounts locked for failing to meet yet another demand by authorities for verifiable data to establish their identities. Yes, we had a fresh round of KYC compliance. Under revised rules, holders of securities regulated by the Securities and Exchange Board of India (Sebi) had to validate their email IDs in addition to phone and Aadhaar numbers, the latter duly linked with PAN cards issued for taxation.

Federal regulators say Union Pacific managers undermined their efforts to assess safety at the railroad by coaching employees on how to respond and suggesting they might be disciplined

An Argentinian lawmaker has launched a draft bill that proposes regulating Worldcoin and its operator in the Latin American nation.