Citizens Financial News

The entire Bolshoi Ussursky Island in Russia's Amur region has been displayed as Chinese territory in the new map and this could be a cause of tensions between Moscow and Beijing. The island is situated at the confluence of Amur and Ussuri rivers and located close to the Russian city of Khabarovsk making it strategically important, according to experts on Sino-Russian ties. While Russia ceded part of the island to China in 2004 under the border pact, China has a centuries-old grievance from the 19th century when it was forced to cede the territory to Tsarist Russia under two treaties of 1858 and 1860. But the cracks appearing in the Sino-Russian ties are not new.

India and the United Kingdom are speeding up their efforts to finalize a Free Trade Agreement (FTA) by the end of the year, with the 13th round of negotiations scheduled for later this month. The recent conclusion of the 12th round of discussions on August 31, 2023, signals the determination of both nations to make progress in this important economic partnership.

Rajeev Chandrasekhar, Minister of State for Skill Development & Entrepreneurship and Electronics and Information Technology said that the in last 9 years, the narrative of the Northeast has tremendously transformed. Chandrasekhar and Rajkumar Ranjan Singh, Minister of State for Education and External Affairs on Friday inaugurated the North-Eastern Skill & Entrepreneurship Conclave being held from 1st September to 3rd September 2023, «Manthan 2023» at Srimanta Sankardev Kalakshetra, Guwahati, Assam embodying a dynamic bidirectional platform, aimed at convergence and collaboration. The Conclave is a confluence designed to channelize the energies of stakeholders to bring together ministries, state governments, academia, industry associations, institutions, policymakers, corporations, and most crucially, beneficiaries to deliberate on Skill and Entrepreneurship in North-East India. Over the next few days, the event will embody the spirit of collaboration, sharing best practices, and aligning efforts in the domains of skilling and entrepreneurship. The event will reiterate MSDE's vision of augmenting skill development and entrepreneurship with a special focus on building capacity of youth of the region through comprehensive package.

Kumar Anurag Pratap, Vice President & CSR Leader at Capgemini, Capt. Tapas Majumdar, Independent Director at MCON Rasayan Pvt. Ltd. Nagesh Pinge, Independent Director at Aditya Birla Sun Life Insurance, Ashwini Mavinkurve, Head of ESG & Sustainability Services at SGS India, Mr. Pratyush Panda, Head of ESG at LTImindtree, Mr. Ajay Pannu, Head of ESH at Thermo Fisher Scientific, Mr. Ram Vaidyanathan, Head of Environmental Sustainability at Godrej group, Mr. Devesh Ghuley, Head of ESH at Everest Industriesdiscussed policy implementation, strategies to accomplish targets, and exploring the real meaning of being responsible. Heena Khushalani, Partner of Climate Change and Sustainability Services at EYshared the most important aspect of any policy intervention and discussed the financial aspects of sustainability whereshesaid,“There is no way India can achieve net zero without philanthropy and CSR funds".

INDIA alliance has rattled the ruling BJP which caused the government to set up a committee under former president Ram Nath Kovind to explore the possibility of holding assembly and national elections simultaneously.Congress president Mallikarjun Kharge called the government's move a «diversion and distraction». «No matter how many diversions and distractions the ruling regime throws at the people, the citizens of India shall not be betrayed anymore,» Kharge said on X, without making any direct reference to the formation of the committee. Kharge asserted that the countdown of this «autocratic government's» exit has begun. «140 Cr Indians have decided to usher change.» Congress leader Vijay Wadettiwar said the 'one nation, one election' move happened because of the INDIA alliance meeting. Shiv Sena (UBT) leader Sanjay Raut said the country is already «one» and no one is questioning that. «We demand fair elections, not 'one nation one election'.

Also read: 'One Nation, One Election': What does it mean? See benefits, disadvantages and other details here He said that in a a democratic set-up, with stability of government, speedy governance is needed for development and with this point of view, 'One Nation, One Election' is a commendable attempt. "For a rich democracy, political stability is really important and in a democratic set-up, with the stability of government, speedy governance is needed for development, with this point of view 'one nation, one election' is a commendable attempt," UP CM Adityanath told ANI.

₹300 per litre for the first time in history. Fuel prices skyrocketed after Pakistan finance ministry announced to hike the price of petrol by ₹14.91, and high speed diesel (HSD) by ₹18.44 per litre. With the recent hike, petrol price has swollen to ₹305.36 per litre, and the diesel price has reached to ₹311.84 per litre.

ManipalCigna Health Insurance, one of India's fastest-growing standalone health insurance company has been appointed as lead health insurer for the Karnataka State Insurance Awareness Plan. On Friday, Insurance Regulatory and Development Authority of India (IRDAI) announced that the «ManipalCigna will play a pivotal role in raising awareness, ensuring that citizens of Karnataka have access to insurance coverage.»

ministry of external affairs (MEA) has introduced 'significant' changes in the delivery of passports, visas and consular services in its move to mitigate predatory pricing, Travel Agents Association of India (TAAI) said in a statement. The industry body also said the ministry's move tightens rules for selection of partners visas and consular services to the Indian diaspora and foreign visitors. The Indian missions of the MEA are the first touch points for any international traveller coming into India — the Indian Citizen or Person of Indian Origin (PIO) and foreigners (traveling to India) residing overseas. «The ministry of external affairs (MEA) has embarked on a transformational programme to reform and strengthen its tendering and evaluation process in a holistic manner to select the right outsourced service providers,» said TAAI president Jyoti Mayal. «While the focus lies on L1 pricing, there is a strong emphasis on the four pillars of quality services, sustainable and viable price, data protection and security, and ethical practices and integrity,» she added. She said it is important that the first impression of any individual travelling to India or having to work with any Indian Mission anywhere in the world needs to be 'impeccable' as the government is determined to work towards delivering the promise of new India. «Therefore, the MEA and its missions as true representatives of the Indian government to the world must focus on offering superior, efficient, and cost-effective services as perhaps the first step in that direction,» she added. The president concluded by stating that India is positioning itself as a global leader in several sectors such as trade, cross border services and citizen services. «As India

China's ongoing battle with its soaring population figures has led to some unconventional measures aimed at controlling population growth. One such measure involves the legal marriage age, set at 22 for men and 20 for women across the country.

Supreme Court judge P K Mishra on Friday recused himself from hearing the bail plea of former Delhi minister Satyendar Jain in a money laundering case. The Enforcement Directorate (ED) had arrested Jain on May 30 last year on the charge of laundering money through four companies allegedly linked to him. As the matter came before the bench headed by Justice A S Bopanna, he told senior advocate Abhishek Singhvi, appearing for Jain, that it would not be able to take up the matter. «We are unable to take it up before this bench,» Justice Bopanna said. The bench directed that the matter be placed before Chief Justice D Y Chandrachud to get appropriate orders for reassignment to a bench. «Obtain orders from the Chief Justice to place it before a bench of which one of us (Justice Mishra) is not a part,» Justice Bopanna said.

The announcement comes a day after the government scheduled a special session of Parliament from September 18 to 22. There are rumuors that government is plannig to introduce a bill for unified elections. Assembly elections are scheduled for five states in November-December, followed by Lok Sabha elections in May-June of following year.What's 'One Nation, One Election'The concept of 'One Nation, One Election' centers around the idea of conducting simultaneous elections throughout the country for both Lok Sabha and State Assemblies. This means holding elections for both the Lok Sabha and all state assemblies simultaneously, with voting likely taking place concurrently. Prime Minister Narendra Modi has long advocated for simultaneous Lok Sabha and state assembly elections.

covid-19, anti-maskers in the era of Spanish flu waged a disinformation campaign. They sent fake messages from the surgeon-general via telegram (the wires, not the smartphone app). Because people are not angels, elections have never been free from falsehoods and mistaken beliefs.

Super Typhoon Saola is poised to strike Hong Kong with its formidable force, as authorities have elevated the strong wind signal to No.8, prompting the closure of schools, businesses, and even the stock exchange. This impending natural juggernaut, boasting wind speeds exceeding 200 kmph, is predicted to chart a course towards eastern Guangdong, the adjacent Chinese mainland province. The impending typhoon has triggered the issuance of the highest typhoon alert by Chinese authorities, marking the potential for one of the most potent typhoons to hit Guangdong since 1949.

India's exports increased to 776 billion USD from 500 billion, two years ago, and this spectacular growth was achieved notwithstanding the recession, the Russia-Ukraine war, and the difficult pandemic times, Union Commerce and Industry Minister Piyush Goyal said on Thursday. This remarkable achievement in two years was due to the efforts of Prime Minister Narendra Modi, who felt that both the Centre and state governments should collectively work in the spirit of cooperative federalism for the better future of all the citizens, he said while addressing the Confederation of Indian Textile Industry (CITI's) 11th Asian Textile Conference, here. «Last year was a difficult period.

By Noor Zainab Hussain, Chibuike Oguh and Jonathan Stempel

Sea Ltd. is bringing back one of its top mobile games in India a year and a half after it was banned, a boon for the internet company’s effort to revive its growth. Now called Free Fire India, the game will be available Sept.

₹2,000 notes. This could be the last month to invest in banks' special fixed deposit (FD) schemes introduced by some lenders The market regulator Securities and Exchange Board of India (SEBI) has introduced a regulatory framework for a execution only platforms for direct plans of mutual fund schemes. The new rules will make it convenient for investors to make investments via Execution Only Platforms (EOPs) as well as appropriate investor protection mechanisms; and help with ease of doing business .

Also read: Fukushima Water Row: Japan receives over 1,000 abusive calls from Chinese citizens The meal was a show of support for the Sanriku Joban region, which includes Fukushima, and an effort to highlight the safety and quality of seafood from the area. Kishida invited reporters to film the meal, "We eat in support of the Sanriku Joban region.

Maharashtra Motor Vehicles Department on Wednesday invited bids for fitment of tamper-proof HSRP on all vehicles registered in the state before April 2019, officials said. The Centre has made HSRP must for every new vehicle registered in the county from April 1, 2019. Presently, several vehicles display fancy number plates.

Ali Bongo's third-term victory in a disputed election. The military intervention, marking the eighth such instance in West and Central Africa since 2020, has raised concerns about the erosion of democratic progress in the region. With echoes of recent military takeovers in nearby countries like Mali, Guinea, and Burkina Faso, the situation highlights the fragility of political stability and the complex challenges facing the African continent.