Citizens Financial News

(Reuters) -U.S. trucking firm Yellow Corp filed for Chapter 11 bankruptcy protection on Sunday and said it would wind down, after struggling with a mounting debt load and following tense contract negotiations with the Teamsters Union.

Manipur has demanded the withdrawal of a remark made by Solicitor General Tushar Mehta in the Supreme Court where he had reportedly said that most of the unclaimed bodies of the ethnic violence in Manipur belong to those of «infiltrators». In a statement, the UNAU Tribal Women's Forum, Delhi-NCR, said the mothers of the Kuki-Hmar-Zomi community of Manipur, represented by the group, are «deeply hurt and appalled» by the remarks made by the solicitor general in the Supreme Court on August 1.

₹5 lakhs up to ₹2 crore slab. Here is the list of interest rate on deposits below ₹2 crore for regular customers as well as senior citizens. For thos who are depositing their money for long term like five years, here is the interest rate for deposits up to 10 years.

₹250 crore and minimum ₹50 crore can be imposed on entity violating the norms. "No suit, prosecution or other legal proceedings shall lie against the central government, the board, its chairperson and any member, officer or employee thereof for anything which is done or intended to be done in good faith under the provisions of this Act or the rules made thereunder," the bill said.

Narendra Modi while addressing said India's vibrant handlooms exemplify country's diversity, and adds, “let us reaffirm our commitment to popularise local products." Meanwhile, in a veiled attack towards opposition, he said said certain people are trying to create roadblocks in making India a developed country, and citizens are now demanding ills, like corruption and appeasement to 'Quit India'. Here are the top quotes of PM Modi on National Handloom Day.

Saudi Arabia announced that citizens of eight more countries will now be eligible for a visitor e-visa, state media reported. The e-visa will be available to visitors from Albania, Azerbaijan, Georgia, Kyrgyzstan, Maldives, South Africa, Tajikistan, and Uzbekistan, for leisure, business, and religious (Umrah only) travel, bringing the total number of eligible countries to 57, Xinhua news agency quoted the state media report as saying. The visitor e-visa is valid for an entire year, grants multiple entries, and permits a stay of up to 90 days. After launching the e-visa program in 2019, Saudi Arabia welcomed 93.5 million visits in 2022, a 93-per cent increase from 2021, registering a tourism expenditure of 185 billion Saudi Riyals ($49 billion). In 2022, Saudi Arabia decided to provide a visitor e-visa for holders of valid Schengen, British and US visas that have been used to enter these countries before arriving in Saudi Arabia and for permanent residents of the European Union, Gulf Arab countries, Britain and the US.

Editors Guild of India has raised concerns about the Digital Personal Data Protection (DPDP) Bill, urging the Lok Sabha speaker to send the draft law to a Parliamentary Standing Committee so that some of the issues potentially having a “chilling effect on journalistic activity in the country” could be discussed. The Information Technology ministry has also been urged to reconsider the bill so that access to a free Press, essential to a vibrant democracy, isn’t curbed.

By Boureima Balima

It is well-known that Canada is struggling to advance dual commitments to realize an overdue open banking system and modernize the payments system (often referred to as “PayMod” as an industry shorthand). Proponents of these innovations frequently remind regulators of the benefits these advancements promise to both citizens and innovative firms. Canadians need and deserve choice, along with robust digital architecture that facilitates the services for their various banking needs.

Editors Guild of India on Sunday voiced deep concerns about certain «draconian powers» in the Press and Registration of Periodicals Bill that grant government powers to have more intrusive and arbitrary checks into the functioning of newspapers and magazines. In a statement here, the Guild demanded that the Press and Registration of Periodicals (PRP) Bill, which seeks to replace the Press and Registration of Books Act-1867, be referred to a Parliamentary Select Committee.

Telegram messaging application across the country on «national security» grounds, drawing criticism on channels close to pro-Iran factions. The service was effectively blocked by midday on Sunday, with new messages not loading for users in Baghdad.

BAGHDAD (Reuters) — Iraq's telecoms ministry said it has blocked the Telegram messaging app over national security concerns and in order to preserve the integrity of users' personal data, which it said the app had mishandled.

India's largest retailers and telecom operator in the shortest span of time, billionaire Mukesh Ambani has now set his sight on propelling newly-carved financial services business unit into country's largest non-banking lender while transitioning the conglomerate to net carbon zero by 2035. The recently demerged Jio Financial Services Ltd will leverage the prowess of digital and retail businesses, Ambani said in the latest annual report of Reliance Industries Ltd.

Narendra Modi on Sunday asserted that his government has changed the perception that the tax paid by citizens is squandered in corruption and said the 16 per cent increase in the number of people filing income tax returns this year shows the growth of trust in the dispensation. Addressing an event at which he laid the foundation stone for the redevelopment of 508 railway stations across the country via video conferencing, Modi said that people used to think for a long time that the taxes that they pay amount to nothing and their hard-earned money is squandered in corruption. «But our government has changed that thinking, people today feel that their money is being used for nation-building,» Modi said.

Narendra Modi on Sunday strongly criticized «corruption, dynasty rule and appeasement», saying that today the whole country is calling for these «evil forces to quit India». PM Modi was speaking after laying the foundation stone for the redevelopment of 508 railway stations in 27 states and UTs via video conferencing.

Article 370, a long dream of the ruling Bharatiya Janata Party and many Hindu nationalists. One of those who strongly vouched for this was former external affairs minister Sushma Swaraj. Once called as India’s best-loved politician by Wall Street Journal, Swaraj succumbed to a cardiac arrest on August 6, 2019.

click here The Supreme Court of India on Monday heard pleas regarding the Manipur Viral video case. The apex court directed expedited action on the ethnic violence crimes that took place in the violence stricken Manipur. The top court called for evolving a broad mechanism to deal with violence against women and asked how many FIRs have been registered in such incidents in the state since May.

English language teaching in low- and middle-income countries. It awards Master’s degree scholarships to teachers and related professionals with experience and evidenced potential to impact and enhance the field of English language teaching and learning in their home country. Up to 10 fully funded scholarships are provided. It waives off the fee plus a maintenance payment of £15,000 minimum for the year is provided to individuals who are elected. It is given to those who meet the admission criteria of the University of Exeter.Eligibility Criteria

The bank has reduced interest rate by 25 basis points (bps) on tenure of 1 Year 7 months up to 2 Years from 7.75 to 7.50 percent for general citizens. The bank now offers an interest rate of 3.50 per cent on FDs with maturities between 7 days to 30 days. For FDs maturing between 31 and 45 days, the bank offers an interest rate of 4 per cent.

HSN 8741 category. As per the government notification, the import of restricted items will be allowed only against a valid license. Reacting to this, Hari Om Rai, Chairman and Co-founder of Lava International, praised the government's initiative and called it a "leadership move" that will benefit both the industry and consumers.

The post office time deposit is similar to bank fixed deposits. You invest money at a fixed interest rate for a definite period and earn a pre-determined return.