Department Financial News
07.03 / 15:39
07.03 / 15:19
markets
Citi
Winter Olympics
Olympics
Department
Traffic
snowboarding
Who is Ryan Wedding aka El Jefe, Olympian-turned-drug ring mastermind, added to FBI's 10 most wanted fugitives' list
Ryan Wedding's name has been added to the list of 10 most wanted fugitives wanted by the FBI for allegedly operating a drug trafficking network spanning several countries. Also known as "El Jefe", the former Olympian is currently residing in Mexico, the Department of State said on Thursday, while offering a $10 million reward for information leading to his arrest and/or conviction.
07.03 / 14:59
markets
UPS
economy
reports
Department
prevention
DOGE layoffs may 'overwhelm' unemployment system for federal workers, report finds
The Trump administration's purge of federal staff may flood an unemployment benefits system ill-equipped to handle the deluge, triggering delays in aid for jobless workers, according to a new report.
07.03 / 08:19
markets
Provident
Platform
country
innovations
Department
Explained: IndiaAI compute portal, AIKosha and other initiatives under the IndiaAI Mission
announced a slew of new initiatives under the IndiaAI Mission on Thursday, celebrating the programme's first year of promoting artificial intelligence (AI) access and innovation. Key launches included the IndiaAI compute portal and the AIKosha dataset platform. Here's a deeper look at the initiatives announced by the minister.
07.03 / 05:49
markets
Align
President
Universities
Department
Schools
rights
Who is Lori Chavez-DeRemer, US Secretary of Labor
Lori Chavez-DeRemer is poised to become the U.S. Secretary of Labor under President Donald Trump, having cleared a key Senate procedural vote. A former congresswoman and Oregon mayor, she has a complex political history, once backing pro-labour policies but later aligning with Republican priorities. Her confirmation could shape labour laws, union rights, and workplace regulations in Trump's second term. With support from labour unions and some Democratic senators, her nomination signals both continuity and change for the Labour Department.
07.03 / 05:01
markets
Action
RAI
Department
prevention
Investigations
ED attaches Rs 65 cr properties linked to ex-GM of Sikkim bank in money laundering case
Directorate of Enforcement (ED) has provisionally attached movable and immovable properties worth Rs 65.46 crore in connection with a money laundering case involving a former general manager-ranked officer of a Sikkim-based bank. The ED said in a statement that the attached assets include four residential properties and land parcels located in Deorali, Syari, Ranipool and Penlong — all in Sikkim. These properties were allegedly acquired using proceeds from fraudulent activities linked to siphoning of funds from the State Bank of Sikkim (SBS) by Dorjee Tshering Lepcha, its former general manager (operations). Additionally, several bank accounts with a combined deposit of approximately Rs 53.41 crore in the names of Lepcha and his family members have also been frozen, the statement said.
07.03 / 03:21
markets
Fox
students
social
reports
Department
US to reportedly use AI to revoke visas of students it sees as Hamas supporters
Fox News separately reported the State Department revoked the visa of a student who allegedly participated in what the department termed as «Hamas-supporting disruptions.» The revocation marked the first such action, according to the report. The State Department was working with the Department of Justice and the Department of Homeland Security, according to Axios.
07.03 / 02:17
markets
Provident
Platform
NVIDIA
President
Department
Investigations
US Labor Department investigating Nvidia, Amazon-backed startup Scale AI
Scale AI, a data labeling startup backed by tech giants Nvidia, Amazon and Meta, for its compliance with the Fair Labor Standards Act, the California-based firm said on Thursday. The investigation is looking into Scale AI's compliance with fair pay practices and working conditions and was initiated nearly an year ago under the former President Joe Biden's administration, the company said. The startup said over the last year it has worked with the department to explain its business model and the emerging artificial intelligence industry.
06.03 / 19:45
markets
Digital
Experts
RAI
country
Department
Income tax dept's drive leads to Rs 29,208 crore foreign assets disclosure
income tax department to encourage taxpayers to declare foreign assets and income has resulted in taxpayers disclosing foreign assets worth ₹29,208 crore, said people familiar with the matter. The Central Board of Direct Taxes (CBDT) launched the compliance-cum-awareness campaign in November 2024, leveraging data from more than 125 countries to nudge taxpayers to come clean about their overseas holdings. The four-month drive resulted in 30,161 taxpayers declaring foreign assets, with 24,678 reviewing their income tax returns (ITRs) and 5,483 filing belated returns, said the people. «The campaign yielded significant results, with 24,678 taxpayers reviewing their ITRs and 5,483 taxpayers filing belated returns for AY (assessment year) 2024-25, declaring foreign assets worth ₹29,208 crore and additional foreign income of ₹1,089.88 crore,» said one of the persons, who did not wish to be identified.
06.03 / 17:41
markets
Citizens
Racing
social
Department
Karnataka CM Siddaramaiah to present his record 16th budget on March 7
The size of the 2025-26 budget is expected to reach Rs 4 lakh crore, an increase from the Rs 3.71 lakh crore allocated in the current fiscal year. In a post on 'X', Siddaramaiah said, «Over the past few days, I have held meetings with our cabinet ministers; senior officials of various departments; leaders of — farmers, exploited, minority, backward class organizations; and religious leaders.» He said that he has made an effort to listen to the aspirations of people from all castes, races, and classes of society in a non-partisan manner and has tried to respond positively to them through this budget. «I believe that the budget is not merely a calculation on sheets of paper, but a manual for shaping the future of the seven crore Kannadigas of the state. I am confident that I have made a sincere effort through the budget to make every citizen of the state a beneficiary of some government scheme,» he added.
06.03 / 17:41
UPS
Action
wellness
social
Department
HR, beware of the bloodsucking spouse
spouse accountable for one's shortcomings is a tactic as old as, well, marriage. 'My husband made me do it,' or 'My wife told me not to do it,' are standard tropes that are on par with 'the dog ate my homework'. But the defence of a provincial armed constabulary (PAC) constable in Meerut to charges of tardiness and negligence of duty takes the khasta gur revdi.
06.03 / 15:35
06.03 / 14:35
markets
Align
President
students
Department
Schools
wrestling
Department of Education in the US to be history, Donald Trump expected to sign executive order to shutter the federal agency
Department of Education's days of worry have already begun and now it looks like Trump could sign the executive order anytime soon in order to eradicate the federal agency altogether.
06.03 / 14:35
markets
Election
students
reports
Department
Schools
What does Department of Education do and what is its budget? Story in 10 points
Department of Education", US media has reported. A long-cherished goal of conservatives, the move would deliver on a promise Donald Trump made during the election campaign. Trump plans to end some of the department's programmes, while others would be housed within different parts of the government, according to US media reports.
06.03 / 14:35
markets
Reuters
President
Doge
show
reports
Department
US weekly jobless claims fall more than expected
unemployment benefits fell more than expected last week, suggesting that the labor market remained stable in February, though turbulence lies ahead from tariffs on imports and deep government spending cuts. Initial claims for state unemployment benefits dropped 21,000 to a seasonally adjusted 221,000 for the week ended March 1, the Labor Department said on Thursday. Economists polled by Reuters had forecast 235,000 claims for the latest week. Applications surged in the prior week amid snowstorms in many parts of the country and difficulties adjusting the data for seasonal fluctuations around the Presidents Day holiday.
06.03 / 13:25
markets
Aviat
SpaceX
Doge
reports
Department
Traffic
Elon Musk’s DOGE member issues chilling threat to FAA staff on Day One, 'Obstruct me and you’ll risk losing your job’
Ted Malaska, a temporary special government employee with the Department of Government Efficiency (DOGE), reportedly warned Federal Aviation Administration (FAA staffers) that anyone who obstructed his work would be reported directly to Elon Musk and could risk losing their jobs, as per a report. The warning message came as Malaska began his mission to implement Starlink technology into the FAA’s infrastructure, according to Bloomberg.
06.03 / 10:57
markets
Action
CAT
Department
guidelines
Headlines
CAT quashes IRS officer Sameer Wankhede's transfer from Mumbai to Chennai
Indian Revenue Service (IRS) officer, made headlines for allegedly demanding Rs 25 crore from Bollywood actor Shah Rukh Khan's family by threatening to implicate his son Aryan Khan in the Cordelia cruise drug bust case during his tenure in the Narcotics Control Bureau (NCB) Mumbai in 2021. The principal CAT bench comprising Justice Ranjit More and member Rajinder Kashyap found procedural lapses and potential bias in the transfer decision issued by the Department of Revenue, Ministry of Finance. The tribunal said while government officers had an all-India service liability, transfer policies must be implemented in a fair, transparent, and just manner.
06.03 / 09:29
markets
Man
security
cover
information
reports
Department
How a bidi and strong winds caused a massive fire in Noida that could take nearly a week to contain
Noida’s Sector 32 near the Iskcon temple on Wednesday, spreading quickly due to strong winds reaching 40 kmph. This is the third consecutive year that the site, originally meant for housing but now used for dumping horticultural waste, has caught fire. No casualties were reported, and firefighters were deployed to contain the flames. The fire started around 2 pm, prompting the authorities to send 15 fire tenders to the site, a TOI report stated.
06.03 / 07:51
UPS
President
country
Department
SOLIDARITY
peace
Mint Explainer: The ripple effects of Trump pulling the plug on Ukraine
Subscribe to enjoy similar stories. Early indicators suggest the US economy is slowing even as US President Donald Trump’s additional import tariffs on China, Canada and Brazil kicked in on Tuesday. Trump also paused military aid to Ukraine on 4 March following a televised clash with Ukrainian President Volodymyr Zelenskiy at the Oval office last week.
06.03 / 04:19
markets
Digital
Experts
RAI
Department
Why Mumbai’s weather is unusually hot, IMD expects no relief anytime soon
A similar surge in late February triggered heatwave warnings for two consecutive days, February 25 and 26. The India Meteorological Department (IMD) has forecasted even hotter days ahead, predicting a maximum temperature of 38°C on Sunday.
06.03 / 02:35
markets
Cooper
security
Trade
cover
Department
Videos
Khalistani supporters tries to attack EAM Jaishankar in London; Indian flag torn as police looks on
S Jaishankar faced a tense moment in London when Khalistani extremists attempted to attack him as he departed from a discussion at Chatham House. A video shared by THE_SQUADR0N (@THE_SQUADR0N) shows a man sprinting towards Jaishankar’s vehicle and tearing the Indian national flag in full view of London police officers. Despite the act of vandalism, the officers appeared unresponsive. Pro-Khalistan demonstrators gathered outside the venue, waving flags and protesting against Jaishankar’s presence. ANI (@ANI) reported that the demonstrators were vocal in their opposition, attempting to disrupt the minister’s engagements.
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