Citizens Financial News

Check out the companies making headlines in midday trading.

Narendra Modi has invited US President Joe Biden to be the Chief Guest at the 2024 Republic Day celebrations, said US envoy Eric Garcetti. Garcetti, who took office as Ambassador earlier this year, was speaking to reporters at an event hosted by the Ananta Aspen Centre, a think-tank. If Biden accepts the invitation, he will be only the second US President to be Chief Guest at India’s Republic Day.

high net worth individual (HNI ), a fluid way of life — the freedom to move unfettered worldwide — is the ultimate luxury. It’s the final step to becoming a successful global citizen. Kristin Surak, associate professor of Political Sociology at the London School of Economics, UK, and author of 'The Golden Passport: Global Mobility for Millionaires', says that India has one of the lowest ranks when it comes to visa-free access, so travel for Indian citizens can be incredibly challenging. “And it’s not just entering, even transiting through countries can be a challenge,” she says, recounting how a colleague had to pay an extra 1,000 pounds to fly from Delhi to London because he couldn’t transit through certain countries using only his Indian passport. “An extra thousand pounds multiplied by 100 times — that is the cost of a foreign citizenship.”

Elphicke delivered a keynote at the British Blockchain Associations third annual summit, calling on policymakers to create and support opportunities “for the new, for innovation, and for change,” as an avatar in the metaverse. Parliament launched the UK Parliament’s All Party Parliamentary Group (APPG) for Blockchain Technologies earlier this month. The group is chaired by Elphicke and will explore the potential of blockchain and web 3 technology for UK businesses, the public sector and the wider UK economy and plans to engage industry including global firms, alongside other industry experts and leading academics. During the forum, Natalie Elphicke MP OBE said: “Web3 represents a paradigm shift that reimagines the very fabric of the internet.

It was just four months ago that India’s Commerce and Industry Minister Piyush Goyal at an event in Toronto hinted at the possibility of inking a trade deal with Canada by the end of this year, providing hopes of breaking a decade-long deadlock between the two countries.

A New York firm that managed billions of dollars for sanctioned Russian oligarch Roman Abramovich was sued by the Securities and Exchange Commission for not registering as an investment adviser.

India on Wednesday told its citizens to avoid travelling to parts of Canada, following a diplomatic row sparked by the allegation that New Delhi was involved in the killing of a Sikh separatist near Vancouver. "Threats have particularly targeted Indian diplomats and sections of the Indian community who oppose the anti-India agenda," a foreign ministry statement said, advising citizens to "avoid travelling to regions and potential venues in Canada that have seen such incidents".

ChatGPT can quickly process a huge training corpus from the internet, a task that would take a human tens of thousands of lifetimes dedicated solely to reading. This is achievable because, while learning, computers can perform extensive parallel computations and share data among themselves at rates billions of times faster than humans, who are limited to exchanging a few bits per second using language.

Data Protection Board (DPB) under the Digital Personal Data Protection (DPDP) Act, 2023, will be in place in the next 30 days, minister of state for electronics and IT, Rajeev Chandrasekhar said here on Wednesday. «This window between now and the DPB’s constitution is not a holiday… The law is in effect (already),» Chandrasekhar said at an industry consultation on the Rules for the DPDP Act, which became a law in August. He added that breaches that come up during the intervening period will be taken up by the Board once it is constituted.

Nearly 490,000 vendors in China’s Changsha now accept digital yuan payments, the city’s government has claimed as the nation’s CBDC pilot continues.

A growing number of Americans are finding it difficult to afford insurance on their homes, a problem only expected to worsen because insurers and lawmakers have underestimated the impact of climate change, a new report says

Canadian PM Justin Trudeau's bombshell statement on Tuesday accusing the Indian government agency of killing Khalistani terrorist Hardeep Singh Nijjar in June this year. “Over the past number of weeks, Canadian security agencies have been actively pursuing credible allegations of a potential link between agents of the Government of India and the killing of a Canadian citizen, Hardeep Singh Nijjar," Trudeau said on Monday.

Senior citizens will earn an interest rate of 3.25% to 7.75% on these FDs. These rates are effective from 13th September 2023. Axis Bank has revised interest rates on its term deposits.

Canada has reached approximately 7.71 lakh, making up about 2.1% of Canada's total population. This growth in the Sikh community's numbers can be linked to various reasons. It initially began during a challenging period in Punjab, India, which led many Sikhs to seek a better life abroad. Factors like improved job opportunities and better prospects for employment played a big role in this decision.

Canada made an explosive allegation implicating Indian officials in the killing of Sikh separatist leader Hardeep Singh Nijjar, Canadian officials sought public condemnation of the murder from their allies, including the United States, but were met with reluctance, The Washington Post reported. The same highlights the diplomatic challenges faced by the Biden administration and its allies as they try to navigate relations with India, a crucial player in the region, the report noted. The alleged assassination of Nijjar, a Canadian citizen, on June 18, led to behind-the-scenes discussions among senior officials from the Five Eyes countries in the weeks leading up to the September Group of 20 summit in New Delhi. However, no public mention was made before the summit, which was seen as an important event for Prime Minister Narendra Modi, according to The Washington Post. Canadian Prime Minister Justin Trudeau's announcement of «credible allegations» in the parliament caused a significant rupture in bilateral relations with India, resulting in the expulsion of an Indian diplomat in Ottawa, the report stated. «Canadian security agencies have been actively pursuing credible allegations of a potential link between agents of the Government of India and the killing of a Canadian citizen, Hardeep Singh Nijjar,» PM Trudeau said on Monday. However, New Delhi on Tuesday rejected Canada's allegations of Indian agents being involved in the killing of pro-Khalistan leader Hardeep Singh Nijjar, the chief of Khalistan Tiger Force and a designated 'terrorist'. In retaliation to the Trudeau administration expelling an Indian diplomat, New Delhi ordered a Canadian envoy, believed to be spying for the country in India, within five days, the

New Zealand Earthquake: An earthquake of 6.0 magnitude, the largest in the country this year, struck near Geraldine in the centre of New Zealand’s South Island on Thursday, government seismic monitor Geonet said on Wednesday as reported by Reuters. As per initial reports, no injuries or significant damage has been indicated. The earthquake hit at 9.14 am (2114 GMT) Wednesday at a focal depth of 11 km (7 miles).

NEW DELHI : Bilateral ties between India and Canada hang in the balance after India on Tuesday dismissed as “absurd and motivated" Canadian Prime Minister Justin Trudeau’s claim of a “potential link" between Indian government agents and the killing of Khalistani leader Hardeep Singh Nijjar in June, and the two countries carried out tit-for-tat expulsions of senior diplomats. Trudeau’s claim will further damage bilateral relations, which are already at an all-time low over the activities of pro-Khalistan elements in Canada, including holding a so-called referendum on a separate homeland for Sikhs, targeting of Indian diplomatic premises, and incitement of violence against top Indian officials.

Narendra Modi addressing lawmakers from both Houses. Lawmakers convened in the newly inaugurated structure in the afternoon amid a special five-day Parliament Session. Addressing the Lok Sabha and Rajya Sabha, Modi also made an impassioned plea for them to unanimously approve the women's reservation bill – Narishakti Vandan Adhiniyam.

Narendra Modi“the boss" recently. The reporter asked the question amid the allegations by Canada that the Indian government may be linked to the murder of Khalistani extremist Hardeep Singh Nijjar. Both Australia and Canada have huge numbers of Punjabi Sikh population.

Mint brings you the background of the case: Hardeep Singh Nijjar became a prominent face in the pro-Khalistan movement in Canada after moving there in 1996. He took on a key role in groups like Sikhs for Justice and founded the Khalistan Tiger Force. Earlier this year, India designated the KTF as a terrorist organization, saying it received financial and logistical support from foreign handlers to carry out terrorist activities in India.

Justin Trudeau seems to have gone all Kim Jong Un by stating in Canada's parliament on Monday that 'credible intelligence' from security services link the assassination of Hardeep Singh Nijjar, a pro-Khalistani Canadian citizen, with the 'agents of the Government of India'. GoI has reacted by calling Trudeau's theory 'absurd'.