Citizens Financial News

French prosecutors say an investigative judge has extended police custody for the Telegram CEO, Pavel Durov

Jared Isaacman is about to launch a revolutionary space expedition. He will be in charge of Polaris Dawn, which is scheduled to launch from Cape Canaveral, Florida, on Tuesday morning. With plans to go farther from Earth than any previous private expedition, Isaacman and his crew hope to push the limits of space tourism. During the course of the five-day journey, Isaacman hopes to make history by being the first private citizen to try a spacewalk, as per the reports of the New York Post.

Jimmy has nearly 10 years of experience as a journalist and writer in the blockchain industry. He has worked with well-known publications such as Bitcoin Magazine, CCN, Business2Community, and...

Tim Alper is a British journalist and features writer who has worked at Cryptonews.com since 2018. He has written for media outlets such as the BBC, the Guardian, and Chosun Ilbo. He has also worked...

Romanian authorities have towed away luxury vehicles from the home of the divisive social media personality Andrew Tate

drone strike in northwestern Syria on Friday killed a Saudi militant from an al-Qaida-linked group as he was riding on a motorcycle, the U.S. military and a war monitor said. The strike in the Jabal al-Zawiya area of the opposition-held Idlib province was carried out by a U.S.-led coalition that was established years ago to fight the militant Islamic State group. The U.S. military has carried out a series of attacks over the past several years targeting al-Qaida-linked militants in northwestern Syria.

MVA called for a bandh in the state in the wake of Badlapur sexual abuse case, the Bombay High Court on Friday restrained any political party or person from calling the shutdown. The Maharashtra Bandh was called for August 24 by Maha Vikas Aghadi's (MVA) Uddhav Thackeray, following the alleged sexual assault on two young girls at a school in Badlapur, a city in Thane district. The incident has caused significant outrage in the area. Following the announcement, there was no notification issued regarding the closure of schools and colleges. However, institutions that typically close on Saturdays will remain shut.

Nagaland government has hinted at Partial Lifting of Liquor Prohibition Law. State cabinet meeting on Thursday hinted at partial lifting of the Nagaland Liquor Total Prohibition Act, 1989 and the matter is likely to be discussed during the Nagaland Monsoon Assembly session. Nagaland is a Christianity dominated state. Spokesperson of the Nagaland Government and Minister for Power & Parliamentary Affairs, K.G. Kenye said, “The government is likely to revisit the issue. And depending on the majority of the members the government might bring up this case in the state assembly for some amendments.”

employment opportunities could be the key to winning elections as the recent job crisis, that has seen nearly a million jobs vanishing into thin air over the course of the year, has driven Americans into a recession scare, something that could prove to be detrimental for Kamala Harris' prospects in the US Presidential Elections 2024.

DK Shivakumar has announced plans to increase water tariffs, despite significant public opposition. Addressing the concerns, Shivakumar criticized citizens, labeling them as ungrateful and emphasizing the need for the tariff hike to ensure the survival of the Bengaluru Water Supply and Sewerage Board (BWSSB). «Citizens are ungrateful. If they don't get water, they will abuse us, call us, and put messages on WhatsApp. They don't know how difficult it is,» said Shivakumar. «Let the media and opposition abuse us. I am bound to increase the water tariff. They can criticize or protest, I won't stop. We will increase the tariff; otherwise, BWSSB won't survive.»

₹5 lakh) for any loss to depositors due to bank failure. That’s at the individual level. At the macro level, deposit insurance plays a key role in instilling confidence in the banking system, enabling it to lend to the real sector and thereby keep the wheels of the economy well-oiled and running.

The Dominican Republic’s top financial regulator has issued the nation’s citizens with a warning about the dangers of investing in crypto.

Also read: KYC Maze: Investors, distributors face updating hurdles with NDML & DotEx KRAs In the Reserve Bank of India’s (RBI) KYC norms through the Master Directive in 2016 and subsequent updates, banks were mandated to ensure: that any new bank account applicant is who they say they are (proof of identity); they live where they say they live (proof of address); banks had to also conduct a physical verification for the documents (OSV, or Original Seen and Verified and CPV, or Contact Point Verification) The reason for this type of verification is to ensure that no fraudster enters the system, specifically, the government was worried about terrorism and money laundering. Along the way, RBI introduced anti-money laundering checks to enhance security. The new fraudsters found that they could use minimum KYC compliance norms using stolen IDs to open ‘burner’ accounts or mule accounts.

Note that not all Indian nationals are required to obtain an ITCC prior to departing the country, despite what some recent stories claim, stated a Press Information Bureau press release on August 20, 2024. Tax clearance certificate: What was announced in Budget 2024 Finance Minister Nirmala Sitharaman introduced a significant amendment in the Union Budget 2024 for those planning to relocate from India. According to the Budget 2024 announcement, the new law requires individuals domiciled in India to clear all tax dues and get 'clearing certificates' before departing the country.

special investigation team (SIT) to probe financial irregularities at RG Kar Medical College during the tenure of Sandip Ghosh. Kolkata Police have registered a case against Ghosh under provisions of the Bharatiya Nyaya Sanhita and Prevention of Corruption Act. «I have raised the nexus in connection with bio-medical waste in RG Kar Medical. Used saline bottles, rubber gloves were procured by two Bangladeshi citizens and recycled in Bangladesh. Two inquiries were done by a committee in which I was also a part,» Akhtar Ali, former deputy superintendent of RG Kar said. He said he had informed anti-corruption bureau, state vigilance commission and even the CMO regarding it during his tenure in RG Kar. He raised these allegations first in July 2023 and spoken about the involvement of Ghosh in the alleged nexus. Former principal of the medical college, Ghosh, was interrogated by CBI for the fifth consecutive day on Tuesday.

Prime Minister Narendra Modi heads to Poland on August 21, the first visit by an Indian premier in 45 years, some focus will be on a forgotten slice of history during the turbulent Second World War in which two Indian rulers gave shelter and protection to thousands of Polish children and refugees caught in the crossfires of the biggest-ever conflict on earth. The PM is likely to pay a visit to the 'Good Maharaja Square' in Warsaw, which has been built to pay homage to the erstwhile ruler of Nawanagar, Maharaja Jam Saheb Digvijaysinhji Ranjitsinhji, who provided shelter to a group of Polish children who had been left homeless after Poland was ravished by the war. The Nawanagar ruler, along with Shrimant Rajarshi Chhatrapati Sahu Maharaj of Kolhapur provided housing and hospitality to an estimated 5,000 Polish citizens from 1942 to 1946 as the war raged in Europe.

Arvind Kejriwal, Delhi's Rouse Avenue Court on Tuesday extended judicial custody of the AAP chief in the Central Bureau of Investigation (CBI) excise policy case until August 27. In Supreme Court's hearing on Wednesday, the top court issued notice to CBI on pleas of Delhi Chief Minister Arvind Kejriwal seeking bail and challenging the Delhi High Court order upholding his arrest by the CBI in a corruption case stemming from the alleged excise policy scam. A bench of Justices Surya Kant and Ujjal Bhuyan sought a response from the CBI by August 23 and refused interim bail to him.

Police in Russia and Belarus have made 60 arrests in a raid on a crypto exchange they claim was a front for a money-laundering gang.

Mint. India’s ministry of home affairs had rejected the US State Department’s letter of rogatory or formal request sent in March last year, show court filings reviewed by Mint. This prompted the US Department of Justice to seek help from its Indian counterpart under the Mutual Legal Assistance Treaty between the two countries.

Fadnavis on Monday said he would quit politics if CM Eknath Shinde asserted that he was hindering the Maratha quota process, referring to allegations by activist Manoj Jarange. Stressing that government decisions are taken collectively, Shinde defended Fadnavis and called Jarange's allegations against him baseless. Jarange is a strident critic of the senior BJP leader and has routinely accused him of being the main obstacle in the Maratha community's quest for reservation in government jobs and education. Stating that he knew Jarange has «special affection» for him, Fadnavis said at a press briefing, «Should CM Eknath Shinde assert that my presence poses a hindrance to reaching a decision concerning the Maratha quota, I shall tender my resignation and withdraw from politics.»

Arunachal Pradesh chief Minister Pema Khandu set the ball rolling to strengthen the existing Inner Line Permit (ILP) system that makes it mandatory for any non-Arunachalee citizen to obtain a permit to enter the state. In a joint meeting with top government officials and leaders of the All Arunachal Pradesh Students’ Union (AAPSU), Khandu emphasized on the need to strengthen the ILP system to prevent illegal entry and prolonged stay of non-local migrants in the state. “Our main objective is to protect our indigenous tribes from outside influx and we are committed to it,” he said.