Citizens Financial News

winter session, saying that the mother of democracy has orphaned it. He urged citizens to take the onus of ensuring the 'survival of democracy'. In a post on X (formerly Twitter), Sibal wrote, “Mother of Democracy.

Manipur Chief Minister N Biren Singh on Monday warned individuals or groups against brandishing firearms and roaming in the streets with weapons. He has announced that the government would not remain as silent spectators and would take stringent action as per the law. While addressing a mammoth crowd at Haj Complex, Lilong Karampat during a mass congregation on development of Lilong in Thoubal district, Singh said that soon after the formation of the BJP-led government in the state, its first priority was to provide rights of being an Indian citizen to the people and bring development and peaceful co-existence. Highlighting various schemes implemented by the government including the ‘Go to Village and Go to Hills’, the Chief Minister observed that these schemes have brought governance to the doorsteps of the common people. Saying that the present government believes in equal development, he further spoke of the construction of ‘Women’s Markets’ in various places including in the hills and at Lilong. Singh said that he has been working towards building a unified Manipur and highlighted various developmental works undertaken in the hill districts including the Manipur Southern Cultural Centre at Behiang in Churachandpur District, the Makhel Heritage Park in Senapati District, and Medical College at Churachandpur. Noting that districts like Tamenglong have witnessed huge development he said that soon it would take only about six hours to reach Guwahati from Tamenglong. The government is not against any community that has been residing together with others in the state, Singh said, adding that the government has never asked any of the communities to leave the state. All these communities should live together

government on Monday nominated 31 non-official members including Abhiraj Singh Bhal from Urban Company and Kunal Bahl from Snapdeal in the reconstituted National Startup Advisory Council (NSAC). The Department for Promotion of Industry and Internal Trade (DPIIT) had constituted the council in January 2020 to advise the government on measures needed to build a strong ecosystem for nurturing innovation and startups in the country.

Sen. Bill Cassidy, R-La., discusses how senators are considering raising the retirement age to 70 on ‘Maria Bartiromo’s Wall Street.’

National Pension System (NPS) has delivered a return of 16.94 percent in the past one year, the latest PFRDA (Pension Fund Regulatory and Development Authority) data has revealed. The average annual returns given across pension fund managers, as on December 8, is more than double the 7 percent return of corporate bonds, 7.10 percent in government securities and nearly 8.2 percent in central and state government schemes, the data has revealed. The benchmark return is 16.39 percent, while the returns given by pension fund managers range between 15 percent and 16 percent.

Moitra and calling her expulsion «unfortunate,» West Bengal Chief Minister Mamata Banerjee said that expelling TMC MP without giving her chance to defend herself was «wrong». Moitra, facing cash for query allegations, was expelled from the Lok Sabha after the Parliament adopted the report of its Ethics Committee, which was probing the matter. The motion moved by Parliamentary Affairs Minister Pralhad Joshi was passed by a voice vote after a heated debate between the opposition and Treasury benches. "Party is fully giving support to her...When they expelled her without taking her opinion, then I stood strongly," the West Bengal CM said.

income tax planning. From the start of January, the Finance Department of many companies starts sending reminders to employees for submission of investment proofs to avoid tax deductions from salary. Let us look at some ways of maximising the benefits of available tax deductions.

Nirmala Sitharaman will present the Union Budget 2024 on February 1 next year. It will be an interim Budget as the elections for the Lok Sabha are due early next year. The full Budget for FY25 will be presented after the formation of the new government.

Israeli government on Sunday approved the appointment of Reuven Azar as the new Ambassador to India. Azar, who is in his late 50s, will also serve as the non-resident Ambassador to Sri Lanka and Bhutan, a statement from the Israeli Ministry of Foreign Affairs said. His appointment is one of the 21 new Heads of Missions cleared by the Israeli government to assume service soon.

best time to lock your money into high-return term deposits. “We expect that the key policy rates will come down post-Q2 2024. Gradually, the market will start factoring this, which will have a downward impact on the FD returns of various banks, small finance banks, and NBFCs.

In his inaugural address to the first Industrial Conference in Pune in 1890, Mahadev Govind Ranade noted that “the industry of the country is parched up for want of Capital" because after land revenue, a considerable portion of gross savings was used to hoard bullion. The lack of institutional arrangements for industrial finance meant that capital was locked up in unproductive assets and not available to India’s entrepreneurs. A century later, the German economic historian Dietmar Rothermund came to a similar conclusion.

Tamil Nadu government has announced a sweeping holiday for schools, colleges, and various institutions across Tirunelveli, Thoothukudi, Kanyakumari, and Tenkasi districts due to incessant heavy rainfall. The downpour has caused significant disruptions, triggering severe waterlogging in Thoothukudi, leading to concerns over overflowing lakes and rivers in multiple areas. The India Meteorological Department's (IMD) predictions have highlighted the potential for heavy rain in concentrated spots across Kanyakumari, Tirunelveli, Thoothukudi, Ramanathapuram, Pudukottai, and Thanjavur districts of Tamil Nadu.

BBC India comply with foreign direct investment (FDI) norms in digital news, has appointed CA firm MSKA & Associates as its first statutory auditor, the company's regulatory filings show. MSKA & Associates will audit the newly formed company's annual accounts for FY24. Incorporated on October 27, the New Delhi headquartered company has two directors, Rashi Sehgal and Prabhkirtan Singh Sehgal. Four BBC staff members-Rupa Jha, Mukesh Sharma, Sanjoy Majumder, and Sara Hassan-left the company on December 12 and formed Collective Newsroom to allow BBC World Service India to comply with the 26% limit on foreign ownership in India. ET had first reported that BBC World Service India is restructuring its shareholding to meet the foreign ownership norms. The BBC has given Collective Newsroom the responsibility of creating digital content in India, its six Indian language services, and an English-language YouTube channel for Indian viewers across the globe.

Jaishankar emphasised that the two issues are not the same, adding that India is open to looking into the matter. While speaking at the Rotary Institute 2023 event in Bengaluru, Jaishankar asserted that India is a responsible country and it is willing to look into the matter if any country has a concern and shares inputs, referring to the Canada allegations about the alleged link of «agents of the Indian government» in the killing of Khalistani terrorist Hardeep Singh Nijjar. «I think everybody knows that India is a country where we are very responsible, very prudent on what we do and the whole issue for us has been that we have always maintained that.

Aadhaar is a vital identity document for citizens in the country, containing important information like name, address, photo, biometric data, and other key identity details. It is widely accepted as a crucial proof of identity in both government and non-government settings. It is important to keep the information on Aadhaar, including the photo and address, up to date.

Midway through 2001, the U.S.-China relationship looked to be in a dire place. Two years earlier, NATO missiles had hit the Chinese Embassy in Serbia, killing three Chinese citizens. Then the spy plane crisis of April 2001—where a Chinese plane collided with a U.S.

Congress leader P Chidambaram has termed the party's debacle in the recently held Chhattisgarh and Rajasthan assembly polls as «unexpected» and «a matter of worry». In an exclusive interview to PTI, Chidambaram on Sunday said the BJP fights every election «as if it is the last battle» and that is what opposition parties «must realise». «BJP's victory in three states — Chhattisgarh, Rajasthan and Madhya Pradesh — is a major boost for the party ahead of the 2024 Lok Sabha polls.

India Ageing Report 2023, the percentage of the population of age 65 and older will rise from 10.5 percent to 20.8 percent by 2050, thus projecting that the country will double its share of senior citizens in just over two decades. In this context, it should also be noted that life expectancy in India nearly doubled from 35.21 years in 1950 to 70.19 years in 2022. And while this is a positive trend that reflects remarkable progress in healthcare and quality of life, it also exposes our longevity risks; thus bringing forth the importance of proactive and comprehensive retirement planning.

(Reuters) — A British man accused of allegedly defrauding investors of nearly $100 million through a Ponzi-like scheme involving nonexistent luxury wines pleaded not guilty in a U.S. court on Saturday.

artificial intelligence (AI) gains prominence among businesses, in the past week alone, at least two reports were published that focused on its impact on Indian enterprises, highlighting the significance of process automation and generative AI as key investment catalysts. The first Automation Now & Next report was by US-based software firm Automation Anywhere. Along with independent research and analysis firm Foundry, looked at actions, experiences, and projections of more than 1,000 decision-makers, C-level executives, business leaders, automation leaders and practitioners across industries and regions over two months. The report underscored three topics – AI, productivity improvements and scalability.

Kashmir can be very depressing. In 2005, after the POK earthquake, I led a team on behalf of the UN to support the post-earthquake reconstruction. Visiting Muzaffarabad and villages around POK was an eye opener: no one spoke Kashmiri.