Department Financial News

Mint breaks down the developments: The Financial Times’ report said that US officials had aborted a plot to assassinate Gurpatwant Singh Pannun, a prominent pro-Khalistan leader. Pannun has been designated as a terrorist by Indian authorities. The report said that US officials issued a warning to the Indian government amid concerns about its involvement in the matter after PM Modi’s visit to America in June.

Reliance Jio and Bharti Airtel, is now reaching new frontiers. In what seems to be a step ahead of Jio, Bharti-backed low earth orbit (LEO) satellite firm OneWeb India has been granted the necessary regulatory approvals from the Indian National Space Promotion and Authorization Centre (IN-SPACe) to launch Eutelsat OneWeb's commercial satellite broadband services in India. Eutelsat OneWeb is a subsidiary of Eutelsat Group, global leader in satellite communications (satcom) delivering connectivity and broadcast worldwide.

The Toronto Police Service says it is stepping up patrols “out of an abundance of caution” after an explosion at the Rainbow Bridge border crossing on Wednesday.

BCCI, this final match also signals the conclusion of Rahul Dravid's tenure as the head coach of the Indian team, as his two-year contract concludes with the World Cup, a TOI report stated. The Board of Control for Cricket in India (BCCI) has received confirmation from multiple sources that Rahul Dravid has chosen not to extend his role as the head coach, and he has communicated this decision to the BCCI. As a result, VVS Laxman, currently heading the second-string Indian team and serving as the head of the BCCI's National Cricket Academy in Bengaluru, is poised to step into the role. «Laxman has expressed his keenness for the job.

(This story originally appeared in on Nov 23, 2023)

Binance wallets have moved $3.9 billion worth of Tether (USDT) in a recent transaction amid the exchange’s pending $4.3 billion penalty that it agreed to pay to the Department of Justice.

Prosecutors are pressing a federal judge to prevent former Binance CEO Changpeng Zhao from leaving the United States before his scheduled sentencing hearing on February 23, 2024.

The king of crypto’s largest outlaw empire told employees for years that he would never turn himself in. But on Tuesday, a jittery Changpeng Zhao showed up in a Seattle federal court to plead guilty to violating U.S. money-laundering rules.

IMD issues ‘Orange Alert’ for very heavy rain, thunderstorms in these four states till 23 November. See full forecast Sabarimala pilgrims have been advised to remain vigilant and cautious especially at night in view of the red alert issued in the district.

NDRF personnel have simulated a drill to demonstrate their approach for traversing through the pipes to reach the other side of the debris where the trapped labourers are located, NDRF second-in-command (2 ic) Ravi Shankar Badhani told PTI. Also Read: Uttarkashi Tunnel Collapse news LIVE update: 'Silkyara rescue operation now in final stages,’ says official 2. Medical professionals have been stationed within the tunnel, and ambulances are positioned outside to ensure the safe transfer of the rescued individuals.

Key Advisors Wealth Management co-founder and CEO Eddie Ghabour discusses the state of the consumer ahead of the 2023 holiday shopping season on 'Varney & Co.'

(Reuters) — Around 61,165 barrels of daily oil output from at least six producers, making up about 3% of crude oil production in the Gulf of Mexico, has been shut in by Third Coast Infrastructure's underwater pipeline leak, the U.S. Coast Guard said on Wednesday.

(Reuters) — More than 400 Macy's (NYSE:M) workers in Washington state are planning a three-day strike from Black Friday through Sunday, alleging unfair labor practices and demanding better wages, according to UFCW Local 3000's website.

An investment advice proposal recently released by the Department of Labor picks up where Regulation Best Interest leaves off — a point criticized by opponents and celebrated by supporters.  

(Reuters) — The WanaBana Apple (NASDAQ:AAPL) Cinnamon Puree, a product potentially contaminated with lead, was still being sold at Dollar Tree (NASDAQ:DLTR) stores despite a recall that began last month, the U.S. Food and Drug Administration (FDA) said on Wednesday.

Rainbow Bridge Wednesday.In Canada, Public Safety Minister Dominic LeBlanc said in a news conference that Canada is taking the situation “extremely seriously.”“The prime minister and I will receive further information in the coming moments,” he said, shortly before both he and Prime Minister Justin Trudeau left question period for a briefing.LeBlanc did not say whether he has been informed of any injuries or fatalities.There is no official confirmation at this time on the nature of the vehicle explosion.The Rainbow Bridge connecting Canada and the U.S. is currently shut down at Niagara Falls and the FBI says its Buffalo, N.Y., field office is investigating.#FBI Buffalo statement on investigation at the Rainbow Bridge: pic.twitter.com/jRaGLL8sU8— FBI Buffalo (@FBIBuffalo) November 22, 2023The U.S.-based NITTEC, made up of agencies in New York and southern Ontario and which provide real-time traffic updates and border crossing information to travelers, had confirmed the bridge closure in a social media post Wednesday afternoon, saying the bridge “is closed from Main St to Falls Ave in Niagara Falls because of a crash.”The closure was reported at 11:51 a.m., the traffic authority coalition said.

general elections on the horizon, the Centre is planning to create a special cell under the Department of Food and Public Distribution to strengthen price monitoring of essential commodities such as food grains, pulses, wheat, rice, maize and other food items through a thorough analysis. Since 2017, an interministerial committee (IMC) has been reviewing essential commodities’ prices and policies every week, after collecting data from the website of the department of consumer affairs.

Reuters quoted data firm Nansen as saying on 22 November. The deal, which will see Binance pay $4.3 billion to US authorities to settle the years-long illicit finance probe, has raised questions over the future of the world's largest crypto exchange. It also marks another blow for an industry beset by scandals.

OpenAI announced the return of Sam Altman, its ousted chief executive officer, along with a revamped board that included one name not often associated with Silicon Valley: Larry Summers. The economist and former Treasury Secretary joined Bret Taylor, a former co-CEO of Salesforce Inc., and existing board member Adam D’Angelo in forming what the company called an “initial board." OpenAI’s prior directors fired Altman suddenly on Friday, setting off a dramatic saga that cast doubt on the future of the most closely-watched startup and technology. OpenAI said it was still working to “figure out the details" of its new management in a post online.

By Juveria Tabassum, Savyata Mishra

Nirmala Sitharaman on Wednesday showed that 87% of the individual respondents and 89% of the firms felt claiming income tax refund was convenient. Checking refund status was reported as smooth by 84% of individuals and 77% of firms. The extensive steps introduced by the government in recent years to streamline, simplify and automate the tax regime have borne rich dividends as is evident from the survey results on assessing speed and efficiency of income tax refunds, a statement from the finance ministry on the survey said quoting CII president R.