Department Financial News

Russian sabotage, disinformation and cyberattacks, easing pressure on Moscow as the Trump Administration pushes Russia to end its war in Ukraine. Former President Joe Biden last year ordered his national security team to establish working groups to monitor the issue amid warnings from U.S. intelligence that Russia was escalating a shadow war against Western nations. The plan was led by the president's National Security Council (NSC) and involved at least seven national security agencies working with European allies to disrupt plots targeting Europe and the United States, seven former officials who participated in the working groups told Reuters. Before President Donald Trump was inaugurated, his incoming administration was briefed by Biden officials about the efforts and urged to continue monitoring Russia's hybrid warfare campaign, the former U.S. officials said. However, since Trump took office on Jan. 20 much of the work has come to a standstill, according to eleven current and former officials, all of whom requested anonymity to discuss classified matters. Reuters is the first to report on the full extent of the Biden administration effort and how multiple different U.S. agencies have since paused their work on the issue.

LIC shares will be in focus on Wednesday after the state-owned insurer confirmed it is in the final stages of acquiring a stake in a health insurance company, CEO Siddhartha Mohanty said on Tuesday. Without naming the target company, Mohanty stated that discussions are at an advanced stage, and a deal is expected to be announced before March 31. «It is a natural choice for LIC to enter health insurance. Discussions are in the final stage,» Mohanty told reporters on the sidelines of the GCA25 event.

Elon Musk’s Department of Government Efficiency (DOGE) likely violated the Constitution by dismantling the U.S. Agency for International Development (USAID), indefinitely blocking DOGE from making further cuts. The ruling requires the Trump administration to restore email and computer access to all USAID employees, including those on administrative leave. However, it does not reverse firings or fully reinstate the agency. In one of the first lawsuits directly targeting Musk, U.S. District Judge Theodore Chuang in Maryland rejected the Trump administration’s claim that Musk is merely an adviser to President Donald Trump. Citing Musk’s public remarks and social media posts, Chuang found that Musk has “firm control over DOGE.” He highlighted a post in which Musk claimed to have “fed USAID into the wood chipper.” The judge warned that USAID’s ability to fulfill its legal obligations had likely been compromised. “Taken together, these facts support the conclusion that USAID has been effectively eliminated,” Chuang wrote in the preliminary injunction.

Donald Trump’s second term, his partnership with Elon Musk continues to baffle political observers as the duo doubles down on their public camaraderie. This week, Trump flaunted his support for Musk by showcasing Tesla vehicles on the White House lawn, declaring plans to purchase one for official use. Hailing Musk as a “patriot,” Trump’s endorsement drew swift backlash from critics who called it a blatant promotion of Musk’s corporate interests.

National Stock Exchange, India’s biggest bourse, plans to convert its iconic headquarters in Mumbai's business district Bandra-Kurla Complex (BKC) into a large captive data center, and move its home to a new site nearby, persons with direct knowledge of the development. The Mumbai Metropolitan Region Development Authority (MMRDA) has allotted a prime land parcel of more than an acre in G Block of the business district to NSE in a long-term lease of more than 80 years. NSE will build its new head office on this plot. The Maharashtra government's planning and development authority sent the allotment letter to the exchange last week.

The driver carved out the words — alongside a silhouette of Musk's now infamous 'salute' he gave at an inaugural event in Washington, DC. ALSO READ: As Tesla tanks, Musk’s chosen board chair stands strong as a badass woman in business world

US Treasury Department's Financial Crimes Enforcement Network (FinCEN) will track cash transactions in some geographical regions in the United States to address illegal activities, as per a report.

Trump administration in court filings has for the first time acknowledged that it fired nearly 25,000 recently hired workers, and said agencies were working to bring all of them back after a judge ruled that their terminations were likely illegal. The filings made in Baltimore, Maryland, federal court late Monday include statements from officials at 18 agencies, all of whom said the reinstated probationary workers were being placed on administrative leave at least temporarily. The mass firings, part of President Donald Trump's broader purge of the federal workforce, were widely reported, but the court filings are the first full accounting of the terminations by the administration. Most of the agencies said they had fired a few hundred workers. The Treasury Department terminated about 7,600 people, the Department of Agriculture about 5,700 and the Department of Health and Human Services more than 3,200, according to the filings. U.S. District Judge James Bredar on March 13 said the mass firings of probationary workers that began last month violated regulations governing the mass layoffs of federal employees, and ordered them to be reinstated pending further litigation.

Christopher Luxon on Tuesday in the national capital. Nadda presented the visiting Kiwi PM with a shawl, bouquet and the book, «Modi @ 20». BJP in-charge of the Foreign Affairs Department, Dr Vijay Chauthaiwale, was also present during the meeting. Earlier, the New Zealand PM took to X and shared his photo from outside the India Gate. «A big first day in Delhi», he wrote on X.

NASA announced that Wilmore and Williams will depart the ISS on Tuesday, March 18, with the Crew Dragon splashdown scheduled for approximately 5.57 pm EST. The space agency's decision to bring forward the astronauts' return was based on favourable weather conditions. Have you ever wondered why American astronauts opt for splashdown instead of landing on solid ground? Let's try and find out. ALSO READ: Sunita Williams' final moments in ISS: What did the NASA astronaut do before leaving for Earth?

Gates, the billionaire Microsoft co-founder turned global health philanthropist, met with the National Security Council as well as Republican and Democratic lawmakers in recent weeks to press that case, the sources said. Soon after his January 20 inauguration, President Donald Trump moved to dismantle the U.S. Agency for International Development, cutting more than 80% of contracts and freezing billions of dollars for everything from emergency food assistance to malaria prevention. The Trump administration, led by the State Department, is reviewing what kinds of foreign aid will remain under its «America First» policy, with a list of around 30 global health projects for consideration, one of the sources said. «Bill was recently in Washington D.C. meeting with decision makers to discuss the life-saving impact of U.S. international assistance and the need for a strategic plan to protect the world's most vulnerable while safeguarding America's health and security,» said a spokesperson for the Gates Foundation, his charitable organization.

Andhra Pradesh Chief Minister N Chandrababu Naidu will visit New Delhi on Tuesday to attend a wedding reception and will hold a meeting with Microsoft founder Bill Gates on March 19. Naidu will depart from Amaravati at 4 pm on Tuesday to attend the wedding reception of a family member of Union Agriculture Minister Shivraj Singh Chouhan.

The ministry on Tuesday published on its social media several images of Chinese drones and ships and said 43 out of 59 of them entered Taiwan's air defence identification zone but that no confrontations were reported. Taiwan monitored the situation and deployed aircraft, navy ships and coastal anti-ship missile defences in response, the ministry said. China launches such missions on a daily basis in hopes of wearing down Taiwanese defences and morale, although the vast majority of the island's 23 million people reject Beijing's claim of sovereignty over Taiwan and its threat to use force to assert its control. It's unclear what prompted the large Chinese deployment. Daily figures often vary widely based on statements by the Taiwanese authorities or their US partners.

Subscribe to enjoy similar stories. Mark Carney, sworn in as the 24th Prime Minister of Canada on Friday, is a newbie in the world of politics. But then, so was the late Manmohan Singh, till former Prime Minister Narasimha Rao made him our finance minister in 1991.

artificial intelligence model DeepSeek is banned on their government devices, according to a message seen by Reuters and two people familiar with the matter. «To help keep Department of Commerce information systems safe, access to the new Chinese based AI DeepSeek is broadly prohibited on all GFE,» said one mass email to staffers about their government-furnished equipment. «Do not download, view, access any applications, desktop apps or websites related to DeepSeek.»

inter-ministerial committee to address issues being faced by the country’s fintech industry that has run into multiple regulatory hurdles over the past few years. The committee comprises representatives from the Department of Financial Services, Department of Economic Affairs, NITI Aayog, Ministry of Electronics & Information technology (MeitY), Department for Promotion of Industry and Internal Trade (DPIIT), Department of Economic Affairs (DEA), the Reserve Bank of India, markets regulator Sebi and founders of fintech firms Billdesk, Acko General Insurance, Groww, and Jupiter. ET has reviewed an order for the same issued by the financial services department on March 17.

A federal judge in New York has granted the attorneys of a Russian woman permission to issue subpoenas to access the financial records of Antigua and Barbuda’s prime minister and other officials involved in the sale of a megayacht that her father had a...

Wholesale egg prices have fallen significantly in recent weeks, a dynamic that may soon offer relief for consumers shell-shocked by record-high prices at the grocery store this year.

Public sector banks must plan for appropriate and timely capital raising and strive to reduce intermediation costs to make banking products and services, particularly credit-related, affordable to the public, said M Nagaraju, secretary of the department of financial services on Monday. He was addressing bankers at the 77th annual general meeting of the Indian Banks' Association (IBA). «Each bank needs to identify its focus on building capacity and planning road maps for appropriate and timely capital raising or efficient allocation of resources, besides striving to bring down intermediation costs,» Nagaraju said. Speaking at the same event, State Bank of India chairman CS Setty said as new and unfamiliar industries emerge, banks must develop the expertise to assess these evolving business models and lending risks.

Prince Harry's US visa records will be partially unsealed, reigniting speculation about whether he misrepresented his past drug use. While some believe this could lead to deportation, the controversy continues to elicit debate. The decision comes after a legal battle over whether the Duke of Sussex received special treatment during his immigration process.

Sunita Williams Return LIVE: NASA astronauts Sunita Williams and Butch Wilmore are finally set to return to Earth after spending nearly nine months at the International Space Station (ISS). The space agency is now targeting an ‘early’ return for the astronauts.Space X's Dragon 10, carrying, Crew 10, which will replace Sunita Williams, and other Crew 9 astronauts, successfully docked at the International Space on Sunday, March 16.Catch all Sunita Williams return LIVE Updates hereNASA's Mission managers are targeting for an 'early' Crew-9 return.