Department Financial News

shooting incident at a subway station in the Bronx country in New York on Monday evening, ABC News reported quoting police. According to the report, around 4:30 p.m. ET, officers responded to 911 calls of a shooting at the Mount Eden Avenue station and found six people shot, New York city Police Department (NYPD) Chief of Transit Michael M. Kemper told reporters at a media briefing Monday night.

Indian Meteorological Department (IMD) has forecasted rainfall with thunderstorm activity over Central India on 13 February, and East India during 13-15 February. Orange alert for rainfall, thunderstorm, lightning, and hailstorm has been issued for East Uttar Pradesh, Bihar, Jharkhand on 13 February.

telecom department is facilitating a Shark Tank India-like funding mechanism for startups, particularly in next-gen technologies, as part of the country's efforts to create domestic technology majors. As per officials aware of the details, the DoT is acting as a mediator to introduce startups with the venture capitalists (VCs). «We want to provide exposure and funding opportunities to the MSMEs and startups to scale up. If the idea is good, the VCs will provide the requisite support,» an official privy to the details told ET.

Torrevieja, a coastal city in southeastern Spain, has launched an ambitious initiative to become Europe’s first “crypto-friendly” city, according to a February 6 statement.

New York: The U.S. government said it is spending more than $7 million a year to maintain a superyacht it seized from a sanctioned Russian oligarch, and urged a judge to let it auction the vessel before a dispute over its ownership is resolved. Authorities in Fiji seized the 348-foot (106-meter), $300 million Amadea in May 2022, pursuant to a U.S.

FICCI) Northeast Advisory Council and Assam State Council have welcomed the Assam State Budget for 2024-25. The budget's strategic allocations and visionary initiatives are poised to catalyse sustainable development, economic revitalization, and social empowerment across the state, it said. Ranjit Barthakur, Chairman of FICCI Northeast Advisory Council, lauded the Assam State Budget 2024-25 for its integrated approach towards development, particularly emphasizing the budget's dual focus on enhancing infrastructure and supporting social and environmental initiatives. «The budget smartly navigates Assam's development path by significantly increasing capital expenditure to Rs. 16,338 crore in FY 2022-23, from Rs. 2,951 crore in FY 2015-16, demonstrating an unparalleled commitment to infrastructure. Equally commendable is the allocation of Rs. 2445.71 crore to the Agriculture Department for sustainable practices, Rs. 2369.86 crore for transforming 322 schools, and a visionary Rs. 1207.25 crore towards the Environment and Forest Department. The allocation of Rs. 40 crore for the Amrit Brikshya Andolan, aiming to plant 3 crore saplings, marks a significant step towards environmental conservation. This is in line with the global sustainability commitments he said. These figures highlight the government's balanced approach to achieving economic growth, social welfare, and environmental sustainability,» he elaborated.

NEW DELHI : Delhi Lieutenant Governor VK Saxena on Monday approved the proposal for revival of 1,027 posts of vice principals in the Delhi government's Directorate of Education for the vacancy years 2014-15 to 2019. "In a move aimed at ending adhocism and contractual appointments, Saxena has approved the revival of 1,027 posts of vice-principals in DoE.

The talent shortage could be putting alternative fund managers at risk as they struggle to recruit compliance professionals for increasingly complex challenges.

Mamata Banerjee, alleging that she is known for "genocide of Hindus" and is now allowing her party's workers to sexually attack women. "Mamata Banerjee is known for the genocide of Hindus. She will now allow her men to pick young married Hindu women to be raped in the TMC office...

₹276 crore in FY23. While this figure may seem small in the context of the banking sector's total assets, the expanding digital landscape underscores the urgent need for durable strategies to fight cybercrime, ensuring consumer confidence and trust. In a joint effort, the Department of Telecommunications has blocked 140,000 mobile numbers involved in financial frauds, along with several lakh SIM cards.

Former CKE Restaurants CEO Andy Puzder explains the importance of addressing the U.S. debt and the impact of wages on restaurant affordability.

Asianet Newsable report, Transport Minister Ramalinga Reddy is anticipated to extend the deadline due to a spike in registrations as the deadline date approaches. The decision was made after a thorough meeting with Chief Minister Siddaramaiah and numerous stakeholders, including members from the Auto Taxi and Lorry Associations.

Narendra Modi on Monday said his government has given 1.5 times more jobs in its 10 years than the previous dispensation did in the same duration. Handing over recruitment letters to government jobs to more than one lakh youngsters via video conference during a Rozgar Mela programme, Modi castigated the previous government for taking an inordinately long time to complete recruitment exercises and said it bred bribery. The prime minister said his government has brought transparency and is working to ensure that recruitment is done in a time-bound manner. Youngsters now believe that they all have equal opportunity and can find a place for themselves in the government system through hard work and talent, he said.

Indian Meteorological Department (IMD) has issued yellow alert for extremely heavy rainfall till 13 February in several states of Central and North India. Further Cold weather conditions continue in Punjab and Haryana.

₹7 trillion worth of bad debt in five years between 2019 and 2023 in the absence of resolution. Joshi said banks will be asked to move NCLT first, even if they are talking to borrowers for a one-time settlement (OTS), which often delays NCLT filings and admission. Also, sometimes bankers do not submit all the required information in their insolvency application, delaying admission.

(Reuters) — Shares of New Zealand's SkyCity Entertainment slumped the most in nearly two months after the casino operator said its ‍Skycity Casino Management Ltd (SCML) unit will face a proposed lawsuit for alleged breaches anti-money laundering laws.

By Hyunjoo Jin and Abhirup Roy

The CBIC on Saturday cautioned against fraudsters issuing fake GST summons and asked taxpayers to check the veracity of any communication received from GST authorities.In a statement, the Central Board of Indirect Taxes and Customs (CBIC) said the Directorate General of GST Intelligence (DGGI) has recently noticed that some individuals with fraudulent intent are creating and sending fake summons to taxpayers who may or may not be under investigation by the DGGI.

—Name withheld on request As per Section 56 of the Income Tax Act, any monetary gift received by an individual is taxable if the aggregate sum of money received during the year exceeds ₹50,000. However, there are specific exceptions to this rule, including gifts received on the occasion of marriage and gifts received from relatives.

NEW DELHI : A large number of Union ministries had utilised only about two-thirds of their revised budgetary allocations for 2023-24 in the first nine months of the financial year. The actual total expenditure between April and December was ₹30.41 trillion, against the revised allocation of ₹44.90 trillion for 56 ministries, the Union finance ministry said in a statement on ministry-wise utilisation of the Budget allocation for FY24. The statement was a part of the government’s response to questions at the Rajya Sabha last week.

Uttar Pradesh Assembly has passed the UP Lift and Escalator Bill, 2024 through a voice vote on Saturday. The UP Lift and Escalator Bill, 2024 aims to tackle significant concerns for residents of high-rise buildings in Noida and Greater Noida. Key Provisions: