Department Financial News

American Intelligence Journal, Virginia Kent of the State Department and Robert Gay of the National Intelligence University in Maryland wrote of a “bloodless coup" by Chinese money-handling organisations, noting how, in recent years, they have largely displaced home-grown ones in Mexico that were previously used for this purpose. The authors (expressing their personal views) called these Chinese operators “a new and more challenging money-laundering foe". The American government has been sounding the alarm.

The Biden administration has taken a significant step in its expedited environmental review of what could become the third lithium mine in the U.S. That's assuming it can withstand anticipated legal challenges from conservationists who fear it will lea...

heatwave days, with certain regions facing over 20 days of scorching conditions. Andhra Pradesh, Bihar, Gujarat, Jharkhand, Madhya Maharashtra, Madhya Pradesh, Marathwada, Odisha and Vidharba are predicted to record more heatwave days, some even more than 20 days of the month. The intense heat poses risks to power grids and may lead to water shortages in various parts of the country, the weather department has warned, PTI reported.

Donald Trump applied for a business visa program that he sought to restrict during his administration and which many of his allies want him to curtail in a potential second term. Trump Media & Technology Group, the company behind Truth Social, filed an application in June 2022 for an H-1B visa for a worker at a $65,000 annual salary, the lowest wage category allowed under the program. Federal immigration data shows the company was approved for a visa a few months later.

Maharashtra's transport commissioner imposing certain conditions while deciding on applications for registration of vehicles under the BH series. A division bench of Justices Girish Kulkarni and Firdosh Pooniwalla, in its judgment on April 12, said the circular was issued «without any authority and, hence, flawed and illegal.» The court was hearing a petition filed by a civil judge challenging the circular and denial of his application seeking registration of his vehicle under the BH series, which was introduced by the government of India in 2021 to facilitate convenient transfer of vehicles in different states and Union Territories. According to Mahendra Patil, senior civil judge in the Maharashtra State Judicial Services, he submitted his official identity card, which as per the conditions is the only compliance required to be furnished.

India on Sunday, with maximum temperatures settling four to six degrees Celsius above normal in many areas. According to the India Meteorological Department (IMD), maximum temperatures hovered between 42 and 45 degrees Celsius in parts of Odisha and Rayalaseema, Gangetic West Bengal, Jharkhand, Vidarbha, Chhattisgarh, Madhya Pradesh, Telangana and Andhra Pradesh. Parts of Bihar, Madhya Pradesh, Tamil Nadu, Puducherry and Uttar Pradesh recorded maximum temperatures between 40 and 42 degrees Celsius. Maximum temperatures settled 4 to 6 degrees Celsius above normal in many parts of Gangetic West Bengal, Bihar, Jharkhand and Odisha; and 2 to 4 degrees above normal in parts of sub-Himalayan West Bengal, Sikkim, Andhra Pradesh, Tamil Nadu, Puducherry & Karaikal, Chhattisgarh, Madhya Pradesh, Vidarbha and Telangana, the IMD said.

Gangetic West Bengal. Additionally, isolated pockets in East Uttar Pradesh and Jharkhand experienced similar heat. In certain areas of East Madhya Pradesh, East Uttar Pradesh, Tamil Nadu, Puducherry & Karaikal, Bihar, and West Madhya Pradesh, temperatures ranged from 40-42°C, IMD said. These readings were 2-4°C above normal in many parts of Gangetic West Bengal and isolated pockets of Bihar, Jharkhand, East Uttar Pradesh, Chhattisgarh, Odisha, Telangana, Rayalaseema, South Interior Karnataka, Tamil Nadu, Puducherry & Karaikal, Uttarakhand, Vidarbha, and Madhya Pradesh. East Uttar Pradesh is expected to witness a further increase in maximum temperatures by 2-3°C over the next 24 hours, with no significant change thereafter. Conversely, West India is likely to experience no significant changes in maximum temperatures over the next two days, followed by a subsequent rise by 2-3°C.

People’s Republic of China’s (PRC) Central Military Commission (CMC), the apex military bureaucracy, held the founding meeting of the new Information Support Force (ISF) on April 19, 2024. The Chinese Communist Party General Secretary and Chairman of the CMC, Xi Jinping, awarded the military flag to the ISF. It was later announced that the People’s Liberation Army Strategic Support Force (PLA SSF) would cease to exist. Formed on December 31, 2015, the PLA SSF centralised space, cyber, electronic and psychological warfare capabilities into a single service. It was formed to create synergies between various advanced warfighting capabilities and was hailed as instrumental in achieving Xi’s stated goals of modernisation, informatisation, and converting the PLA into a world-class army. With this change, the PLA now has a new system with four services — the Army, Navy, Air Force and Rocket Force, and four arms — the Aerospace Force, Cyberspace Force, Information Support Force and Joint Logistic Support Force. What is Information Support Force?

₹19.58 lakh crore. This was also more than the revised and original budget estimates, as per the latest disclosure made by the tax department, as per news agency PTI report. This is because the FY23-24 net collections of income and corporate taxes, constituting the bulk under the head "direct taxes," exceeded the initial budget estimate by ₹1.35 lakh crore (7.40 per cent) and 13,000 crore from the revised estimate.

₹86,000 crore for the state-fun rural job scheme, the same as the revised estimates for FY24. “Monsoon is a major factor, which influences output of agriculture much more strongly for the crop sector. So, the monsoon forecast that we will have La Nina effect and rainfall will be 2% above normal is very good news for Indian agriculture.

United States on Friday said it has imposed sanctions on three China-based companies and one from Belarus for allegedly supplying missile-applicable items for Pakistan's ballistic missile programme, including long-range weaponry. The companies are Xi'an Longze Technology Development, Tianjin Creative Source International Trade and Granpect Company Ltd from China and Minsk Wheel Tractor Plant from Belarus. «The Department of State is designating four entities pursuant to Section 1(a)(ii) of Executive Order 13382, which targets proliferators of weapons of mass destruction and their means of delivery,» said state department spokesperson Matthew Miller.

Who is Stormy Daniels linked with Donald Trump's hush money criminal trials? According to a witness, the man had made statements of a political nature before setting himself on fire. It is not clear whether the incident is related to Trump's trial. US polls 2024: Can Donald Trump still become president if convicted? The New York Police Department said the man, who they identified as Max Azzarello of St.

IMF's Asia and Pacific (APAC) Department. "China is more than four times bigger than India, and in that sense, if India is growing faster today than China, then it should not be surprising," Srinivasan explained, while speaking with ANI.

Odisha has been experiencing a severe heatwave, with the India Meteorological Department (IMD) forecasting no immediate respite. The Met department has warned that the maximum daytime temperature could reach a scorching 45°C over the next 24 hours in several parts of the state. Heatwave Conditions to Persist for Next 2-3 Days According to the IMD, a heatwave prevailed in a few places in the coastal districts of Cuttack, Jagatsinghpur, Kendrapada, Khordha, Nayagarh, and Ganjam, as well as in one or two places in the interior districts of Mayurbhanj, Boudh, Dhenkanal, Nawarangpur, and Keonjhargarh on Saturday. Boudh recorded the highest maximum temperature at 44.3°C, while Phulbani in the plains of Odisha saw the lowest at 20.5°C.

direct tax collections surged by 17.7 per cent year-on-year to Rs 19.58 crore in the fiscal year ended March 2024 and exceeded the revised estimates by Rs 13,000 crore, according to the tax department. While gross direct tax collections (provisional) for the FY 2023-24 rose 18.48 per cent to Rs 23.37 lakh crore, net proceeds (after accounting for refunds) surged 17.7 per cent to Rs 19.58 lakh crore, reflecting buoyancy in the economy and rise in income levels of individuals and corporates. Refunds aggregating to Rs 3.79 lakh crore have been issued in FY 2023-24, the CBDT said in a statement.

Emirates Airlines and FlyDubai have announced the resumption of regular flight schedule from Dubai International Airport as of Saturday, signaling a return to normal operations. Both airlines released statements for the resumption of normal schedule three days after Dubai experienced the wettest day in its history, with neighbourhoods, and the airport sinking under rainwater. Dubai Airport has issued a precautionary alert, urging departing guests from Dubai International (DXB) to arrive at Terminal 3 hours prior to their scheduled departure time. In a statement, the airport emphasized the importance of travelers adhering to the suggested arrival time to mitigate overcrowding at the airport. Additionally, Dubai International Airport has temporarily restricted the number of inbound flights due to the unprecedented weather conditions experienced in the region.

The Biden administration is imposing sanctions on two entities accused of fundraising for extremist Israeli-occupied West Bank settlers who have harassed and attacked Palestinians

Canadian banks that refuse to identify the carbon rebate by name when doing direct deposits are forcing the government to change the law to make them do it, says Environment Minister Steven Guilbeault.

Student loan debt is causing borrowers to put financial goals on hold, even as expanded forgiveness and repayment options offer help to some.

OTTAWA — Canadian banks that refuse to identify the carbon rebate by name when doing direct deposits are forcing the government to change the law to make them do it, says Environment Minister Steven Guilbeault.

Dau Mabil escaped war-torn Sudan as a child and built a new life in Mississippi