Citizens Financial News

Maharashtra rains: Maharashtra's Nagpur city witnessed severe waterlogging following incessant rains in the area. Heavy rains lashed Nagpur city from Friday midnight, inundating low-lying areas and triggering measures to shift people from these pockets to safer places. Many areas like Canal Road Ramdaspeth, Ambajhari Lake area witnessed severe waterlogging.

India's image as a democratic country committed to rules-based order could take a hit, according to an expert. A diplomatic row erupted between India and Canada earlier this week following Canadian Prime Minister Justin Trudeau's allegations of «potential» involvement of Indian agents in the killing of Khalistani extremist Hardeep Singh Nijjar, a Canadian citizen, in British Columbia on June 18. India has rejected the allegations as «absurd» and «motivated» and expelled a senior Canadian diplomat in a tit-for-tat move to Ottawa's expulsion of an Indian official over the case. In a blog posted by the Wilson Institute on Friday, Canada Institute Associate Xavier Delgado said, «Trade will likely be the first major casualty of the fallout, with negotiations for the EPTA (Early Progress Trade Agreement) being put on hold.» «Both countries declared that they would pause trade talks with each other earlier this month and Canadian Trade Minister Mary Ng has indefinitely postponed a trade mission to New Delhi that had been planned for October,» he wrote. The negotiations were a notable part of Canada's Indo-Pacific Strategy, which listed the EPTA as a critical step towards a larger comprehensive economic partnership agreement (CEPA) that would bolster trade ties between the two countries, he said. The stalled trade talks have put a $17 billion bilateral trade relationship under strain.

Also Read: India-Canada row LIVE updates: ‘Indian govt should cooperate in investigation,’ says US Earlier on September 20, the Ministry of External Affairs (MEA) issued a cautionary advisory to Indian citizens, particularly students in Canada and those intending to visit the country, due to the recent tensions in bilateral relations between India and Canada. Also Read: India suspends visa services in Canada citing ‘operational reasons’ As per a statement released by the MEA on Wednesday, Indian citizens and Indian students residing in Canada are encouraged to refrain from visiting areas and locations within Canada that have witnessed an increase in anti-India activities.

India in Toronto has extended consular services for Indian nationals in Canada. The consulate services which have been extended include passport issuance, attestation, police clearance certificate and passport renewal. In a post shared on X, formerly known as Twitter, the Consulate General of India in Toronto stated, «Consular services for Indian nationals in Canada, e.g. Passport issuance, Passport renewal, Police Clearance Certificate, Attestation etc.

Blinken on Friday (local time) said that Washington is «deeply concerned» about the allegations made by Canadian Prime Minister Justin Trudeau about the Indian government's involvement in the killing of Khalistterrorist Hardeep Singh Nijjar. He said that the US wants to see accountability and called it «important» that the investigation runs its course and leads to the result. While addressing a press conference in New York, Blinken said that the US has engaged directly with the Indian government. He said that the US is consulting «very closely» with Canada and coordinating on the issue.

ALSO READ: Hardeep Singh Nijjar Killing: Canada possesses Indian diplomats' communications in probe: Report As per details, the marriage arrangement was also rejected by Canada as the woman arrived in Canada in 1997 under the sponsorship of a different husband. "Nijjar appealed against the rejection in courts of Canada although he kept claiming himself to be a citizen of Canada. He was later granted Canadian citizenship, the circumstances of which are not clear," the report said.

Hardeep Singh Nijjar, whose killing led to a major diplomatic row between India and Canada, reached the North American country using a counterfeit passport and Canada did not take any action against him despite being informed that he faced over a dozen criminal cases of murder and other terrorist activities, sources said on Friday. Nijjar was killed by unidentified assailants on June 18 at a parking lot of a gurdwara in British Columbia.

New York Mets and Philadelphia Phillies may be one of the best on this weekend's calendar of Major League Baseball 2023. They are old rivals, but the Phillies control the top NL wild card spot and they appear to be certain to make it to the playoff. The Mets have endured a dismal campaign despite being the most expensive team in baseball. It is most likely that they will be officially eliminated and won't be able to make it to MLB 2023.No cakewalk to Mets But the Mets will not allow their rivals a cakewalk. They may send Tylor Megill to the mound. But, he has not faced Philadelphia this season.Phillies' counter-move Philadelphia may counter the rival by sending Taijuan Walker, the staff's No. 3 starter. He has notched up a 4.40 ERA with 131 punchouts and 66 walks in 159.2 innings. He has faced his former club twice before. He lost after allowing three runs on two hits and three walks across four innings on June 1. He won on June 23 after allowing just one run over six innings on three hits and one walk with five strikeouts.Date, Time, Venue The New York Mets vs. Philadelphia Phillies match will be held on Friday, September 22 at the Citizens Bank Park in Philadelphia. It will start at 7.05 ET.Where to watch The New York Mets vs. Philadelphia Phillies game will be broadcast live by Apple TV+. Besides, it will have Apple pregame coverage throughout the day. The game will be available on Apple TV+ for live streaming as well.

A cash gift from parents is exempt from tax but taxpayers are required to report it in their Income Tax Return as exempt income. However, many taxpayers are unsure as to how and where they can report such gifts in ITR. Further, there seems to be some confusion about the formalities one should complete to remain clear in the eyes of the Income Tax Department.

Public Provident Fund vs Fixed Deposit Interest Rate in September 2023: Most of the banks are offering higher Public Provident Fund (PPF) interest rates in September. For the July-September quarter of FY 2023-24, the Government has kept the PPF interest rate at 7.1%. Following is a list of banks offering higher than the PPF interest rate on their fixed deposits to general and senior citizens in the current month, according to BankBazaar data.

National Savings Certificate (NSC) Interest Rate News September 22: The quarterly review of interest rates for NSC and other small savings schemes by the Finance Ministry is due to take place this month. The NSC interest rate for the October-December quarter of FY 2023-24 will be announced by September 30. Even as accountholders are hoping for a further hike in NSC interest rate, it is unlikely to happen this time, according to experts. However, there is always room for a surprise hike.

The demographic dividend that India intends to exploit, on its stated intent, to be the third largest economy in the world would suffer a major loss, if living for senior citizens is not included into the plans today. Countries like Japan, Monaco, Italy, Germany etc. are consciously wrapping their policies around their aging population. While many developed nations have a third of their population over the age of 60, India’s elderly population is likely to rise to 41% over next decade and expected to touch around 194 mn.

India has lodged strong protests with China over its denial of accreditation for the Asian Games in Hangzhou to some of the Indian sportspersons from Arunachal Pradesh, saying the action violates the spirit of the sporting event and rules governing its conduct. External Affairs Ministry Spokesperson Arindam Bagchi said as a mark of India's protest against China's discriminatory behaviour, Union I&B and Sports Minister Anurag Singh Thakur has cancelled his scheduled visit to China for the Games. Bagchi said India reserves the right to take «suitable measures to safeguard our interests'. »The government of India has learnt that the Chinese authorities have, in a targeted and pre-meditated manner, discriminated against some of the Indian sportspersons from the state of Arunachal Pradesh by denying them accreditation and entry to the 19th Asian Games in Hangzhou, China," Bagchi said. «In line with our long-standing and consistent position, India firmly rejects differential treatment of Indian citizens on the basis of domicile or ethnicity.

Anurag Thakur has cancelled his scheduled visit to China for the Asian Games, after Chinese authorities denied the entry to Indian athletes from Arunachal Pradesh. MEA spokesperson Arindam Bagchi has also issued a statement stating that «in line with our long-standing and consistent position, India firmly rejects differential treatment of Indian citizens on the basis of domicile or ethnicity. Arunachal Pradesh was, is, and will always remain an integral and inalienable part of India.» Government of India reserves the right to take suitable measures to safeguard our interests. «Minister of Information and Broadcasting and Youth Affairs and Sports of India has cancelled his scheduled visit to China for the Games.

Sukhdool Singh Gill, alais Sukha Duneke was killed, Canada's Winnipeg police had confirmed. As per sources, it was an act of revenge murder for the killing of gang star Goldy Brar's cousin Gurlal Brar. A gang member of Lawrence Bishnoi took responsibility for the murder earlier on Thursday, and asserted that Sukha Duneke was murdered in his flat in Winnipeg city.

Delhi Chief Minister Arvind Kejriwal has embraced a new digital avenue to connect directly with the people of the city. His personal WhatsApp channel went live on Friday, shortly after the launch of the Delhi Chief Minister's Office (CMO) WhatsApp channel earlier this week. The move underscores the Delhi government's commitment to establishing a more «personal connection» with its citizens, as stated by the Chief Minister's Office (CMO).

Despite the escalating tension between India and Canada, Prime Minister Justin Trudeau on Thursday reiterated India's alleged involvement in the killing of Khalistani leader Hardeep Singh Nijjar, citing "credible reasons." However, he again fails to provide any solid evidence. Canadian Prime Minister, however, reaffirmed is not looking to provoke India and pointed out that he had already conveyed his concern to PM Narendra Modi about the issue.

Justin Trudeau reiterated his concerns regarding India's involvement in the assassination of Khalistani leader Hardeep Singh Nijjar, emphasizing that there are 'credible reasons' to support these claims. He also reiterated Canada's commitment to the international rules-based order. Addressing the complex diplomatic situation during a press conference at Canada’s Permanent Mission to the United Nations Trudeau said, «As I said on Monday, there are credible reasons to believe that agents of the Government of India were involved in the killing of a Canadian on Canadian soil.

The Quebec government is looking at new French proficiency rules for temporary workers, but business leaders say the program should be left alone since they are already struggling to cope with a severe labour shortage.

Pirola variant. This variant, also referred to as BA.2.86 and has been linked to at least 37 new cases in England, as reported by The Independent on September 17. Fortunately, these cases have led to a total of seven hospitalizations but, fortunately, no fatalities, according to the news outlet. The UKHSA has noted that 28 of these cases were identified as part of an investigation into an outbreak within a care home in the eastern part of the country. As Pirola, the new mutation of Omicron strain of Covid-19, worries health experts, the UK's National Health Service (NHS) has asked senior citizens above age 65 to immediately get their top-up booster jabs. People aged 65 and over in England are being urged to get a top-up booster vaccine against Covid at a time when more people are coming into hospitals with the highly-mutated BA.2.86 virus, reports the BBC. The vaccines will soon be provided for free to more vulnerable groups. «Hundreds of thousands of adults who are eligible for winter vaccines — including all aged 65 and over, pregnant women and those with an underlying health condition — will also begin receiving invitations from the NHS to encourage them to get their Covid and flu jabs from this week,» NHS said in a statement late on Monday. According to the report, Covid hospital admissions are now at the highest rate since the end of April, at 4.6 per 100,000 people. That is still below the level reached last winter. The hospital admission rates remain highest among people aged 85 and over, followed by 75 to 84-year-olds.

Liberland', a muddy Danube island on the border of Serbia and Croatia. The music — an ode to Friedrich Nietzsche's novel about the doctrine of the 'superman' — played on would-be state radio to celebrate what Liberlanders see as a de facto border deal for their country, founded with a mix of right-wing libertarianism and technology like crypto on the marshy island of Gornja Siga.