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This fall could be an unusually stressful time for families with children planning to start college next year.

On October 17, 2023, the Basel Committee on Banking Supervision released a consultative document concerning the disclosure of cryptoasset exposures by banks, seeking public feedback until January 31, 2024. The document is accessible on the BIS website. This comes following the Committee's publication in December 2022, titled «Prudential Treatment of Cryptoasset Exposures», which introduced prudential requirements for banks dealing with cryptoassets, set to be enforced starting January 1, 2025.

IRDAI (Insurance Regulatory and Development Authority of India) has instructed insurers — via a circular on Oct 30 — to release a revised customer information sheet (CIS). This is aimed to ensure that the customers understand the basic features with regards to policy in simple words. The customer information sheet is meant to be provided to all policyholders by insurers including both life insurance providers and health insuranceproviders, ordered the regulator.

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While building up a sizeable corpus is necessary to fulfil many important goals, complementing it with adequate insurance coverage is recommended to secure oneself and loved ones from the vagaries of life. 

Life insurance and health insurance are the two main types of insurance policies. Whole life insurance makes sure that your family members are taken care of after your untimely demise, and health insurance policies pay for your hospitalisation and other related expenses. Recently, some insurance providers have introduced plans that merge life and health insurance benefits, aiming to offer a one-stop solution to policyholders.

Chakri Lokapriya, CIO & MD, TCG AMC, says “one of the big calls that we took was we do not hold HDFC Bank at all after many, many years simply because it is a great company, but the valuations are still kind of reflect some of the integration issues that the company has, which will continue to impact its margins for a good some time more to come. In general, we do not own banks as much, but we are making up for that through NBFCs.” What has been your market approach in the last two or three weeks? Lots of power stocks have corrected in the last few days. And individual stocks are down a good 10-20%. So I think in terms of financing of power through REC, Power Finance, through the power companies itself, like buying BHEL, Siemens, I think those will continue to do well because the long-term story is intact. It is just that in the short-term, there was a profit-taking bout. Since that story is intact, we have been buying.

Journalists confirmed that 31 journalists have been killed in the Israel-Hamas war since October 7, The Times of Israel reported. These 31 journalists included 26 Palestinian, 4 Israeli and 1 Lebanese journalist. Moreover, eight journalists were reported injured, whereas, nine were reported missing or detained, reported The Times of Israel.

caste discrimination in Canada is a huge step forward for civil rights, advocates say.In its ruling, the OHRC said while caste is not specified as a protected category under Canadian law, it is covered by international human rights law and hence, can be protected under the Ontario Human Rights Code.“Caste is not a prescribed Code ground, and only the legislature can recognize a new ground,” the OHRC noted.“However, the OHRC, the Human Rights Tribunal of Ontario and the courts must take a liberal and progressive interpretation of the Code. Human rights tribunals have found that caste-based discrimination is covered by human rights laws and can be challenged under one or more existing grounds.”Vijay Puli, executive director of the Canada-based South Asian Dalit Adivasi Network (SADAN), told Global News just the acknowledgment of caste discrimination from the OHRC is a huge leap forward.“People from oppressed castes can now finally go to court if they face discrimination.

Cost of living Updates Oct 31 LIVE: The cost of living is basically the amount of money one needs to survive in a given place - to cover one's most essential needs such as food, water, housing, taxes, cost of commute and healthcare, etc. The high rate of inflation has pushed up the cost of living across the globe, burning a hole in common man's pocket.

Cost of living Updates Oct 31 LIVE: The cost of living is basically the amount of money one needs to survive in a given place - to cover one's most essential needs such as food, water, housing, taxes, cost of commute and healthcare, etc. The high rate of inflation has pushed up the cost of living across the globe, burning a hole in common man's pocket.

China, warning the public that visibility could drop to less than 50 metres (164 feet). Northern province Hebei launched an anti-pollution emergency response, listing traffic safety controls for when necessary including suspending flight takeoffs and landings, temporarily closing highways and suspending ferries, China's meteorological bureau said in a notice. Authorities also warned road users to stop in safe parking areas when conditions required and asked people to stay indoors. Beijing said it would implement traffic control measures if the capital activates its highest air pollution warning. Heavy smog has engulfed the country's north for a few days while autumn temperatures soared to typical early summer levels close to 30 degrees Celsius (86 degrees Fahrenheit) in some areas. Experts said weak cold air currents from the north pole were a key factor behind the unusual weather. As air pollution levels in the wider Beijing-Tianjin-Hebei area and northern part of Henan province reached moderate to severe, pollution control experts said increased industrial activities, heavy trucking and crop fires had contributed to the haze, state media CCTV reported. Regional power consumption in late October was up 5% compared with first half of the month, more significantly in the cement, brick and tile industries, worsening conditions, CCTV said. Parts of Tianjin municipality and Hebei and Shandong provinces, as well as eastern areas of Jiangsu province saw heavy fog resulting in visibility of less than 1 km (0.62 mile) on Tuesday morning, the National Meteorological Center (NMC) said. Until Thursday, light to moderate haze will continue to cover the central and southern parts of China's northern region, with severe haze

Facebook and Instagram users in Europe are getting the option to pay for ad-free versions of the social media platforms as a way to comply with the continent’s strict data privacy rules

NIIF) and Macquarie Group are in early stages of discussions to acquire a significant minority stake in Tecso Charge Zone, which operates top electric vehicle (EV) charging stations Charge+Zone, said multiple people aware of the development. According to people aware of the development, Charge Zone is likely to raise about ₹300-350 crore from these investors. It's part of the series B round -where the startup plans to raise about $110 million (₹900 crore) at ₹1,500 crore valuation, said sources.

The decline in net financial savings among Indian households has raised concerns for the government, as it may restrict the availability of funds for crucial capital investments. These investments play a pivotal role in fostering economic growth by generating new job opportunities and supporting the establishment of businesses.

manufacturing hub, said officials. The Niti Aayog is undertaking an exercise to identify these sectors and their export potential and recommend strategies accordingly, they said. The government will tweak policies and provide infrastructure support to help these sectors become global champions in manufacturing.

Nitin Gadkari on Monday said a cross-border road under the ambitious Kaladan Multi-Modal Transit Transport Project (KMTTP) to link south Mizoram's Lawngtlai district with Myanmar's Sittwe port will be completed by November this year. Addressing a rally at West Phaileng in Dampa assembly constituency in west Mizoram's Mamit district bordering Bangladesh, Gadkari said the 26-km road project costs Rs 1,132 crore. «The road under the Kaladan project will be completed by November and it will be helpful to connect Myanmar's Sittwe port,» he said.

APA Group has joined with France’s EDF to bid to construct NSW’s second renewable energy zone in an attempt to capture a share of the $50 billion opportunity involved with connecting wind and solar farms to the grid.

Australian insurers’ catastrophe plans failed to anticipate floods the size of last year’s east-coast inundation or economic logjams, according to an insurance-sector commissioned review.

Facebook and Instagram, has unveiled its ad-free subscription service, offering European users the option to enjoy their favorite social platforms without advertisements. This development comes in response to a recent ruling by the EU's Court of Justice, mandating that Meta obtain user consent before delivering personalized ads. The move signals Meta's compliance with evolving regulatory frameworks in Europe.

₹5,000 crore tender early next year for fast-tracking the adoption of Kavach. These include two tenders for Kavach, on a 6,000-km network each. This is double the 3,000 km first tender for Kavach issued in 2021.