Consequences Financial News
23.09 / 18:53
markets
UPS
consequences
information
Podcasts
athletics
Compromise breakfast: This is what Michelle Obama ate for breakfast virtually every day when she was growing up
the former First Lady may have learned a thing or two about fine dining, breakfast used to be the last thing Michelle Obama wanted to eat. Consequently, she spent many years of her life starting every day with the same thing. In the first episode of the Audible podcast Your Mama's Kitchen, Michelle revealed the information, stating that her hate of breakfast stemmed from the fact that her family typically makes a big deal out of it. She revealed that she used to be a fussy eater. Nothing about breakfast appealed to her. Her brother, who regularly ate breakfast, thought she was nuts, she revealed to podcast presenter and journalist Michele Norris. Her brother was becoming more and more of an athlete; therefore, they ate large breakfasts. Everything was served in this order: cereal, fried or scrambled eggs, a ton of toast, bacon, and link sausage. Thus, breakfast was substantial. Even though Michelle's family enjoyed breakfast, she admitted that she despised it. As a result, Marian Robinson, Michelle's mother, tried ferociously to convince her daughter to eat the most significant meal of the day. Also Read :JD Vance net worth: Donald Trump’s running mate has assets worth millions, bitcoin
23.09 / 11:43
markets
Provident
track
consequences
testing
rights
What the overhaul of India’s merger control regime means
Subscribe to enjoy similar stories. The date 10 September 2024 marked a watershed moment for the Indian merger-control regime. Notified by the ministry of corporate affairs and the Competition Commission of India (CCI), the amendments represent a major overhaul.
23.09 / 08:57
markets
UPS
FIVE
Strategy
rock
consequences
Five Asteroids to Fear: NASA warns of space rocks with one packing firepower of nearly 5 mn Hiroshima bombs!
Asteroids frequently pass near Earth, and while most are too small to pose any threat, some can make direct hits. Fortunately, such events often result in these asteroids burning up in the atmosphere. The last significant asteroid impact occurred 66 million years ago, leading to the extinction of most dinosaurs. Though the chances of another similar event are low, NASA and other space agencies are actively monitoring potential threats. They are also developing strategies for deflection in case a dangerous asteroid is on a collision course.
23.09 / 02:17
markets
Action
Election
RAI
consequences
reports
Haryana polls: Congress suspends Chitra Sarwara for six years for 'anti-party activities'
Haryana Assembly elections, the All India Congress Committee suspended rebel party leader Chitra Sarwara for a period of six years for being involved in "anti-party activities". This comes after Chitra Sarwara fielded her candidature from Ambala Cantonment as an independent candidate. The Congress has fielded Parvinder Pal Pari from the seat against six-time MLA and senior BJP leader Anil Vij. The Congress said Sarwara's participation as an independent candidate against its nominee constitutes a 'violation' of the party's policy.
22.09 / 10:07
markets
Death
Trade
Universities
social
consequences
rights
Working conditions and human rights are two sides of the same coin
Subscribe to enjoy similar stories. Passage of time tends to blur memories of historical facts and events from the not-so-distant past.
22.09 / 10:07
markets
security
Strategy
consequences
information
recommendations
Profiles
Risk: An underrated word in today's investment landscape
Subscribe to enjoy similar stories. Risk profiling is a mandatory exercise every investment advisor must undertake before giving investment advice. Despite its importance, the Securities and Exchange Board of India (SEBI) has not defined a specific methodology, leaving advisors with the flexibility to approach this task in various ways.
22.09 / 07:11
markets
COST
economy
country
consequences
Courts
GCCI seeks urgent review of Supreme Court's mineral taxation ruling
GCCI) has demanded an urgent review of the mineral taxation ruling by the Supreme Court, stating that the increased cost of mining will inevitably lead to higher prices for essential commodities, including steel, power and cement. The Supreme Court last month allowed states to collect past dues on royalty on minerals bearing land from the Centre and mining companies from April 1, 2005 onwards. «The imposition of further taxes/ cess/ levies, if any, as permitted by the ruling, will further impact the economics of mining operations possibly making it unviable with its natural consequences. »Additionally, the increased cost of mining will inevitably lead to higher prices for essential commodities e.g., steel, power, cement, etc. further fuelling inflation and consequential impact on the nation's economy," GCCI said in a statement.
21.09 / 12:11
markets
FIVE
Waters
trends
consequences
reports
Department
Flood-like situation in Bihar: CM inspects affected areas, 5 lives lost so far
Nitish Kumar inspected the rising water levels of the Ganga at key locations in Patna and Hajipur on Saturday and urged district officials to «remain alert and be prepared to tackle any situation» in light of the developments. Officials said the river is flowing above the danger mark at Digha Ghat, Gandhi Ghat, Hathidah, and Maner in Patna district and consequently several low-lying areas in Patna and Hajipur (Vaishali district) have been inundated. The rising trend is not limited to the Ganga, almost all rivers in the state are affecting low-lying localities. So far, around five people -four in Saran and one in Bhojpur — have lost their lives after water inundated their areas, they added. Accompanied by senior officials, the Chief Minister inspected Ganga's water levels near J P Setu, Kangan Ghat, Gandhi Ghat, and Krishna Ghat.
21.09 / 06:03
markets
Provident
Sony
consequences
Department
Can you claim income tax refund for previous years even after revised ITR deadline is over? Difficult but possible
income tax refund for the income tax return (ITR) filed this year i.e., FY 2023-24 (AY 2024-25). But can an individual ask for an income tax refund from the Income Tax Department for excess tax paid in the past year? Such a situation may arise if a taxpayer received excess income from an organisation in a previous year and paid income tax accordingly. However, now the organisation wants the excess payment returned.
21.09 / 04:37
Google
Action
President
Justice
consequences
Department
Courts
Google begins its defense in antitrust case alleging monopoly over advertising technology
Google has opened its defense against allegations that it holds an illegal monopoly on online advertising technology with witness testimony saying the industry is vastly more complex and competitive than portrayed by the federal government
20.09 / 23:57
Twitter
SEC
security
Tesla
SpaceX
consequences
Investigations
Elon Musk Faces Potential SEC Sanctions After Skipping Twitter Probe Testimony – Will He Face Consequences?
The U.S. Securities and Exchange Commission (SEC) announced on Friday its intent to pursue sanctions against Elon Musk.
20.09 / 14:19
COST
Provident
Research
Bill
consequences
reports
patient
Pesky medical bill? Most people don't take a key step to manage that debt, study finds
Consumers may feel their medical bills are unyielding, inflexible, set in stone. But that's not always true: A new study shows patients can often reap financial benefits by disputing charges that seem erroneous or by negotiating for financial relief.
20.09 / 07:41
Provident
Assurant
security
consequences
reports
Crypto Exchange BingX Vows to Compensate Users After $26M Hack
Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.
19.09 / 02:23
markets
COST
UPS
consequences
reports
rights
Profiles
The Federal Reserve is finally lowering rates. Here's what consumers should know
The Federal Reserve has cut its benchmark interest rate from its 23-year high, with consequences for debt, savings, auto loans, mortgages and other forms of borrowing by consumers and businesses
18.09 / 17:15
markets
Opinion
consequences
Courts
International
India abstains in UNGA on resolution demanding Israel leave Occupied Palestinian Territory within 12 months
UN General Assembly on a resolution that demanded that Israel bring an end, «without delay», to its unlawful presence in the Occupied Palestinian Territory within 12 months. The 193-member General Assembly adopted the resolution, with 124 nations voting in favour, 14 against and 43 abstentions, including that by India. Those abstaining included Australia, Canada, Germany, Italy, Nepal, Ukraine and the United Kingdom.
17.09 / 09:55
Provident
Action
WhatsApp
consequences
reports
Department
Investigations
Lucknow peon spent over Rs 1 crore despite earning only Rs 33 lakh in 9 years, anti-corruption dept conducts probe
investigation by the Anti-Corruption Department for allegedly possessing assets disproportionate to his income. The employee, Om Prakash Singh, has reportedly spent much more on acquiring properties than his legal income allows over the past nine years. The Anti-Corruption Department began investigating Om Prakash Singh following orders from the government. They found that from January 1, 2013, to May 31, 2022, Singh earned a total of Rs 33,58,867 from sources such as his salary, bonuses, and bank interest. However, during this period, Singh spent Rs 1,02,88,143 on obtaining and maintaining both movable and immovable properties. His expenditure exceeds his legitimate income by Rs 69.29 lakh.
16.09 / 16:56
markets
UPS
consequences
reports
Department
Tea production faces a stormy forecast, expected to drop at least 160 Mkgs during the year 2024
Tea Association of India (TAI) stated with Tea Board, India revising its Crop figure to 1393.66 Mkg from its earlier 1367.70 Mkg for the year 2023 coupled with the early closure Order by Tea Board, India, the industry is looking at a drop of production to the tune of around 160-170 Mkgs during the year 2024. TAI in statement stated the Production figure of North Indian Tea Industry reflect a precarious situation of the industry, consequent to the constant onslaught of insufficient rainfall and excessive heat till May and excessive rainfall in June & July, hampering production of the crop to a great extent during the current cropping season up to the month of July 2024. The data released by Tea Board of India indicates a drop of production of around 11% in Assam and around 21% in West Bengal up to the month of July 2024 as against last year during the same period. Sandeep Singhania, President TAI stated that due to the unprecedented weather condition, tea growing regions of West Bengal and Assam has witnessed weakening of tea bushes which has further aggravated by severe pest and disease infestation, indicating a further crop loss in the coming months.
16.09 / 07:21
markets
IPO
Gap
Research
country
consequences
Relationships
What an IPO signals about Ather's battle against Ola Electric
Subscribe to enjoy similar stories. A month after Ola Electric was listed in the public market, its older but smaller rival Ather Energies also filed its draft red herring prospectus (DRHP) for an initial public offering (IPO). Founded in 2013, Ather Energies has seen Ola Electric, four years its junior, overtake it in sales in the past few years.
16.09 / 05:40
COST
Booking
trends
cover
consequences
reports
International
ICICI Prudential has growth cover in place
Subscribe to enjoy similar stories. In July, ICICI Prudential Life Insurance Co. Ltd shares finally crossed their previous all-time high of ₹724.30 seen almost three years ago on 8 September 2021.
15.09 / 17:30
Provident
Citizens
Action
economy
consequences
Courts
International
Royalty ruling: It’s ironic how a judgement can prove so taxing for an economy
Subscribe to enjoy similar stories. Truth is stranger than fiction. The Supreme Court of India seems to have left no stone unturned to make this saying ring true.
12.09 / 04:04
COST
UPS
Provident
consequences
reports
Children abroad? Why parents need a power of attorney
Mint reader asked if he could pay municipal taxes for his son, who lives in the US and owns property in Pune. Bhuta responded: “Payments made by a resident on behalf of a non-resident are prohibited under FEMA unless specifically allowed. Therefore, such payment of taxes on behalf of your son would not be permitted under FEMA." The only legal option is to gift the funds to the son’s NRO account and use a PoA to make the payments.
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