Citizens Financial News

borrowing later in the financial year if inflows into national small saving schemes (NSSF) are high, Economic Affairs Secretary Ajay Seth told Reuters on Wednesday.

Japan’s government says it has protested against Russia’s announcement that it is permanently banning 13 Japanese citizens, mostly business leaders of prominent companies including Toyota Motor Corp., in retaliation for Tokyo’s sanctions over the Russi...

A senior Russian lawmaker says the nation’s CBDC – the digital ruble – will not be ready for cross-border use until 2026.

maritime innovation, sustainability and economic growth. Shipping reforms are expected to generate significant employment opportunities and strengthen India’s maritime capabilities

Bengaluru, despite the city and surrounding constituencies electing five BJP MPs and Finance Minister Nirmala Sitharaman representing Karnataka in the Rajya Sabha, Aarin Capital chairman TV Mohandas Pai said on Tuesday.

income tax slabs in the new tax regime for the current financial year 2024-25 in her budget speech. This is the first budget of Modi government in the third term.

An association of Japanese crypto exchanges and blockchain companies has petitioned the government to make coin-related tax reforms.

Venice city officials say the day-tripper tax netted 2.4 million euros during a test phase this summer, and that decisions on how to proceed would be made in the fall after a full analysis of the data

Greenland police say they have apprehended veteran environmental activist and anti-whaling campaigner Paul Watson on an international arrest warrant issued by Japan

Delhi High Court judge Justice Amit Sharma on Monday recused himself from hearing the bail plea of former JNU student Umar Khalid in a UAPA case related to the alleged larger conspiracy behind the riots here in February 2020. The matter was listed for hearing before a division bench of Justice Prathiba M Singh and Justice Sharma. This has to go before another bench, Justice Singh said. «List before another bench, of which Justice Amit Sharma is not a member, on July 24,» the court ordered.

Heavy rains pounded Mumbai and its suburbs on Sunday, disrupting flight operations and inundating roads in many parts of the city, officials said. Flight operations at Chhatrapati Shivaji Maharaj International Airport were suspended twice for a brief period due to inclement weather and low visibility, a source said. At least 15 flights were diverted to the nearby airports, mainly Ahmedabad, till 4 pm. As intermittent heavy spells of rain hit the city, runway operations were suspended at 12.12 pm for eight minutes and from 1 pm to 1.15 pm, the source said.

South Korean public was advised to keep an eye out for falling objects and to notify police and military authorities if any balloons fell to the ground.North Korea's latest balloon launch threatens to increase tensions on the Korean Peninsula. South Korea previously warned that if North Korea continued its provocations, such as balloon launches, it would conduct more extensive loudspeaker broadcasts and take other tougher measures.Since late May, North Korea has flown several balloons in a series of launch ceremonies, dropping bits of cloth, cigarette butts, waste batteries, and even manure over South Korea, causing no substantial damage.North Korea said the initial balloons were flown in reaction to South Korean activists conveying political leaflets to the North using their own balloons.

Supreme Court seeking directions to the Centre and states for taking appropriate steps to eradicate the menace of superstition, sorcery and other similar practices. The plea says a strict anti-superstition and sorcery law is urgently needed to do away with the unscientific acts prevalent in the society that adversely impact the community and also to prevent fake seers from exploiting innocent people. The petition, filed by advocate Ashwini Kumar Upadhyay, has also sought directions to the Centre and states for taking steps to develop a scientific temper, humanism and the spirit of inquiry and reform among the citizens in the spirit of Article 51A of the Constitution, which deals with fundamental duties. «Petitioner is filing this writ petition as PIL under Article 32 seeking appropriate writ, order or direction to Centre and states to take appropriate steps to control superstition and sorcery in order to secure the fundamental rights guaranteed under Articles 14, 21, 25 of the Constitution,» the plea, filed through advocate Ashwani Kumar Dubey, says.

Indian students back home on Friday from Bangladesh, where violence has erupted between protesters and security forces. At least 20 people have been killed in the clashes this week — most of them in the capital Dhaka — with police firing tear gas and rubber bullets to scatter protesters who also torched vehicles and establishments. The protesters oppose a system of quotas for government jobs. Some mobile internet services were cut off on Thursday and telecom links remained widely disrupted on Friday.

Priyanka Gandhi Vadra on Friday slammed the UP government directive asking eateries on the Kanwar Yatra route to display owners' names as an «attack on the Constitution» and demanded the order be withdrawn. She also sought strict action against the officials who issued the order. Days after the Muzaffarnagar Police asked all eateries along the Kanwar Yatra route to display their owners' names, the Uttar Pradesh government on Friday extended the controversial order across the state. A government spokesperson said that a formal order is likely to be issued soon.

skilling is key to equip locals to meet evolving industry demands as employment is based on merit and not domicile. HR experts believe implementing a legislation like the job-for-locals bill would pose significant challenges for businesses in talent acquisition, compliance costs and stressed on the importance of skilling to equip individuals with future-proof skillsets. The Karnataka government on July 15, tabled the Karnataka State Employment of Local Candidates in the Industries, Factories and Other Establishments Bill, 2024, in state assembly. The Bill, which mandated factory or other establishments to appoint 50 per cent of local candidates in management categories and 70 per cent in non-management categories, has been temporarily put on hold.

Union Budget and the Economic Survey, to set the tone and pace of the economic path the nation will pursue in the coming years to attain its ambitious growth aspirations with a human face. The allocations and source of funds must be in sync with the vision so laid out.

Union Budget 2024: India, under PM Narendra Modi’s tenure, has seen a steady increase in healthcare allocation and spending. Even before the Covid-19 pandemic shut down the world, the government had highlighted healthcare as a priority sector. The allocation for health in the recently presented Interim Budget for 2024-25 was especially crucial as India approached the 2025 deadline set by the National Health Policy (NHP) 2017 to increase health expenditure to 2.5% of GDP.

Mint. These reforms are being considered with the prime aim of bringing more foreign capital to the sector as only a few investors have taken advantage of the government’s decision in 2021 to increase the foreign direct investment limit in insurance companies from 49% to 74%. Earlier this year, Switzerland-based Zurich Insurance Group Ltd announcing plans to acquire a 70% stake in Kotak Mahindra General Insurance Co.

A Kenyan court has suspended a police ban on protests in the capital

Sales of U.S. homes to foreign nationals have fallen to the lowest level in more than a decade, hampered by a strong dollar and many of the hurdles that have kept the housing market in a deep sales slump for over two years