Citizens Financial News

Netanyahu has described it as the «largest cooperation project in our history» that will «change the face of the Middle East, Israel, and will affect the entire world». The new economic corridor, which many see as an alternative to China's Belt and Road Initiative, was jointly announced on Saturday by the leaders of the US, India, Saudi Arabia, the United Arab Emirates, France, Germany, Italy and the European Union on the sidelines of the G20 summit in New Delhi. In a video message released late Saturday evening, Netanyahu said that Israel is at the focus of an unprecedented international project that will link infrastructure from Asia to Europe. «I welcome the statement that was released today by the United States, India, Saudi Arabia, the UAE and the European Union, as well as France, Italy and Germany,» Netanyahu said. «A good week to you, citizens of Israel.

«Parents can unilaterally cancel the settlement deed if there is just a mention that it is being given to them out of love and affection,» said Justice S M Subramaniam. Justice S M Subramaniam, in delivering the verdict, emphasized that parents have the right to unilaterally cancel a settlement deed if it is explicitly stated that the property is being transferred out of love and affection for their children. According to Justice S M Subramaniam, the mere mention of executing the deed out of love and affection and for the benefit of the children satisfies the requirements under The Maintenance and Welfare of Parents and Senior Citizens Act. The judge further clarified, «Love and affection being the consideration for the execution of a gift or settlement deed, it becomes a deeming consideration, and any violation is a ground to invoke the act.

Paying tribute to the victims of Morocco earthquake, Eiffel Tower's lights were turned off on Saturday in Paris, France. The light of the world famous tower were turned off at 11 pm. Notably, Morocco has witnessed one of its deadliest earthquakes in decades.

Alliance and the Bharat 6G Alliance announced on September 9 they have signed a memorandum of understanding (MoU) to explore collaboration opportunities on 6G wireless technologies. The work will encompass aligning research and development priorities that support a common 6G vision and creating secure and trusted telecommunications as well as resilient supply chains, according to the statement. Launched by the ATIS, the Next G Alliance is an initiative to advance North American wireless technology leadership over the next decade through private sector-led efforts with the initial focus on 6G.

G20 Declaration has welcomed the 'G20 Framework for Systems of Digital Public Infrastructure', recognising the role of DPI in the delivery of services at a societal scale, and underlined the commitment to work together to promote cooperation on international governance for Artificial Intelligence (AI). Union Minister Rajeev Chandrasekhar described the Declaration as a «tremendous achievement». «India's #G20 Presidency is going to leave an indelible impression on the world order as we move forward,» Chandrasekhar, Minister of State for IT and Electronics, said in a post on X (earlier Twitter).

West Bengal Education Minister Bratya Basu accused him of trying to «destroy» the higher education system in the state and running a «puppet regime» in universities, Governor C V Ananda Bose on Saturday warned of much bigger action at midnight. «Wait for the stroke of midnight today. You will see what is the action,» Bose told reporters on the sidelines of a programme here. Minutes after Bose's comment, Basu, without naming the governor, mocked him by calling him the «new vampire in town» and cautioned the people to «beware of him». «See till midnight, see the action BEWARE! BEWARE! BEWARE! New Vampire in the town! Citizens please watch yourselves.

digital privacy, Apple has swiftly released its emergency software update, IOS 16.6.1, in response to the discovery of Pegasus spyware. Here's everything you need to know about this critical update.

An official says that one of Myanmar’s biggest and most powerful ethnic minority militias has arrested and repatriated more than 1,200 Chinese nationals allegedly involved in criminal online scam operations

Uttar Pradesh embarked on a quest to find a lost love from his past, ultimately reuniting with her in Surat. Mahendra Singh's journey, which began with his mysterious disappearance, ended with a heartwarming reunion that defied conventional expectations. Mahendra Singh, a resident of Mubarakpur village in Kasganj district, went missing on August 14, shortly after selling his 4 bigha land for Rs 21.42 lakh. He lived with his wife and two brothers, along with their families, in the same village and was the father of a married daughter. The intriguing twist in Singh's story lies in a relationship he had 20 years ago with a married woman from his village.

Prime Minister Narendra Modi on Saturday highlighted the leveraging of technology by India to bring a positive difference in the lives of citizens. Addressing the G20 Summit, he also spoke on how to collectively think about empowering fellow humans and making the planet more inclusive as well as sustainable.

Bratya Basu accused him of trying to «destroy» the higher education system in the state and running a «puppet regime» in the universities, Governor C V Ananda Bose Saturday warned of much bigger action at midnight. «Wait for the stroke of midnight today.

India got the «100 per cent» consensus on all developmental and geo-political issues focussing on Strong, Sustainable, Balanced, and Inclusive Growth Accelerating Progress on Sustainable Development Goals. Soon after Prime minister Narendra Modi announced that the consensus has been achieved on New Delhi G20 Leaders' Summit Declaration and announced its adoption, G20 Sherpa Kant congratulated India. «Historical and Path breaking #G20 Declaration with 100 per cent consensus on all developmental and geo-political issues. The new geopolitical paras are a powerful call for Planet, People, Peace and Prosperity in today's world.

Rishi Sunak on Saturday said that the world is looking to G20 to provide leadership and that the leaders are meeting at a time of enormous challenges. Sunak, who is taking part in G20 Summit in New Delhi, expressed confidence that the leaders will be together able to address the challenges. «15 years ago, #G20 leaders came together for the first time to restore global growth after the financial crisis. We meet at a time of enormous challenges — the world is looking to the G20 once again to provide leadership.

Vladimir Putin congratulated North Korean leader Kim Jong Un on Saturday on the 75 anniversary of the country's founding and called for stronger ties «on all fronts». «I am convinced that thanks to our joint efforts we will continue to strengthen… bilateral ties on all fronts», Putin said in a message to Kim as quoted by the Kremlin. «This fully corresponds to the interests of our people» and helps to ensure «the security and stability on the Korean peninsula and northeast Asia,» he said. Putin noted that the Soviet Union was the first country to recognise the North Korean regime and said that «since then relations between our two countries have always been based on the principles of friendship, good neighbourliness and mutual respect». «I sincerely wish you good health and success and I wish all North Korean citizens peace and prosperity,» Putin added.

G20 Presidency has become a symbol of inclusion both inside and outside the country, Prime Minister Narendra Modi said on Saturday that it has become «People's G20» in India and crores of citizens are connected with it. In his opening statement at G20 Summit being hosted under India's presidency, PM Modi spoke of global challenges and said 'Sabka Saath, Sabka Vikas, Sabka Vishwas, Sabka Prayas' can be the torch bearer to address these. The plaque in front of PM Modi at the G20 Summit said «Bharat». «India's G20 presidency has become a symbol of inclusion, of 'sabka saath' both inside and outside the country. This has become People's G20 in India.

Telugu community, Sandhya Reddy, hailing from Telangana with roots in Hyderabad, has secured the position of deputy mayor in Strathfield Council, Sydney, Australia. This significant election took place during the Strathfield council meeting held on September 5, where Karen Pensabane was elected as mayor, and Sandhya, affectionately known as Sandy, assumed the role of deputy mayor. NRI coordinator Mahesh Bigala expressed immense pride in Sandhya's achievement, highlighting that it's the first time an Indian-Australian has been elected as deputy mayor.

Canada has announced a new batch of intakes for its Parents and Grandparents Sponsorship scheme. Commencing from October 10, 2023, the Immigration, Refugees and Citizenship Canada (IRCC) will initiate the process of sending out invitations to apply to a total of 24,200 potential sponsors. The IRCC will accept a maximum of 15,000 complete applications for the Parents and Grandparents Sponsorship program in the year 2023. The immigration agency also said that these invitations will be dispatched over a two-week period, commencing on the same date, October 10, 2023. A notable change in the process is that instead of opening a new interest to sponsor form, the IRCC will be sending these invitations to apply to randomly selected potential sponsors from the pool of submissions dating back to the year 2020. This approach aims to streamline the application process and maximize the utilization of existing submissions. To be eligible to sponsor your parents and grandparents for Canadian permanent residency (PR), you must be:

Morocco earthquake news: A powerful earthquake that struck Morocco late Friday night killed at least 296 people, the country’s Interior Ministry said as reported by Associated Press. Citizens posted videos showing buildings reduced to rubble and dust and parts of the famous red walls that surround the old city in historic Marrakech, a UNESCO World Heritage site, damaged. Apart from them, tourists in the city also posted videos of people screaming and evacuating restaurants.

In an exclusive interview with Sanjeev Sinha, Mr LC Mittal, Director, Motia Group, shares his views on the latest surge in India’s residential real estate market and talks about the USP of their projects, especially in the Chandigarh Tricity area. Excerpts:

Iranian oil earlier this year, Al Jazeera reported. Notably, this strong move by the US resulted in severe tensions in the Gulf. «This is the first-ever criminal resolution involving a company that violated sanctions by facilitating the illicit sale and transport of Iranian oil and comes in concert with a successful seizure of over 980,000 barrels of contraband crude oil,» said the Justice Department in a statement, according to Al Jazeera. The department hailed the move for «successfully disrupting a multimillion-dollar shipment of crude oil,» by the Islamic Revolutionary Guard Corps (IRGC). The Islamic Revolutionary Guard Corps is designated as a «foreign terrorist organization» in the US. Following its seizure of the Iranian oil, Washington charged Tehran with arresting a number of foreign ships transiting the Gulf. Tehran was outraged when the Pentagon revealed in August that it was deploying tens of thousands more US soldiers to the area to «support deterrence efforts» and guard maritime lines, notably the Strait of Hormuz., according to Al Jazeera.Iran has argued that capturing Iranian property in international waters is equivalent to piracy, whereas the US regards stopping Iranian oil ships as law enforcement. «Acts of trespassing on tankers carrying Iranian oil are a clear example of piracy,» Iranian Ministry of Foreign Affairs spokesman Nasser Kanasaid last month, as per Al Jazeera. In August, the US Secretary of State Antony Blinken said that Washington would welcome any steps from Tehran for de-escalating the «growing nuclear threats». He, however, also clarified that the process of bringing back US citizens detained in Iran is a «completely different» matter.

Narendra Modi and US President Joe Biden on Friday vowed to 'deepen and diversify' the bilateral major defence partnership while welcoming forward movement in India's procurement of 31 drones and joint development of jet engines. In their over 50-minute talks, the two leaders deliberated on India's G20 presidency, cooperation in nuclear energy, critical and emerging technologies such as 6G and artificial intelligence, and ways to fundamentally reshape multilateral development banks. The US president is visiting India primarily to attend the two-day G20 summit beginning Saturday.