Department Financial News

Israel left Thursday evening from the Ben Gurion airport carrying 211 adults and an infant living in the war-battered region. The passengers were chosen on a «first come first serve» basis after a drive launched by the Indian embassy for all Indians to register at the mission's database. The government is bearing the cost of their return.

TORONTO — Chartered Professional Accountants in Quebec and Ontario are still looking for answers about how the decision for their provincial oversight bodies to split from CPA Canada was made and what it means for the future of their profession.

Piper Sandler Chief Global Economist Nancy Lazar details her economic expectations for the second half of the fiscal year on ‘Mornings with Maria.’

Measures of U.S. inflation barely declined in September, evidence that consumer price increases are grinding lower at a gradual pace

The number of Americans applying for unemployment benefits was unchanged last week, remaining at historically low levels in another sign that the U.S. job market remains strong in the face of higher interest rates

The Treasury Department has imposed its first set of sanctions on two companies that shipped Russian oil in violation of a multinational price cap

Florida's citrus production is expected to improve in the upcoming season compared to last year when twin hurricanes battered the state

The White House has selected the Philadelphia area and West Virginia for two regional hubs to produce and deliver hydrogen fuel, which is an important part of the Biden administration's clean energy plan

The International Monetary Fund says Middle East economies are gradually recovering as external shocks from the war in Ukraine and global inflation fade

The number of Americans applying for unemployment benefits was unchanged last week, remaining at historically low levels in another sign that the U.S. job market remains strong in the face of higher interest rates

A ruling prohibiting the enforcement of a new Florida law targeting drag shows will stay in place for the time being

By Humeyra Pamuk and Daphne Psaledakis

electric cars, a move aimed at laying a level playing field for the industry. Local manufacturing will also boost employment generation while bringing down overall car prices. The Department for Promotion of Industry and Internal Trade (DPIIT), which operates under the aegis of the ministry of commerce & industry, has commenced discussions to put in place a scheme for subsidising electric four-wheeler makers linked to investments made by these companies for producing vehicles in the country, senior officials in the know told ET.

REC Ltd have sought approval from the Department of Investment and Public Asset Management or DIPAM for a debt resolution plan for KSK Mahanadi Power project, which is currently under the insolvency process. The state-owned lenders, with NTPC Ltd as the technical partner, had earlier given expression of interest for the 1,800 MW coal-based power project in the Champa district of Chhattisgarh along with companies like Vedanta Ltd, Adani Power Ltd, and Jindal Power Ltd. While the PFC-REC duo had submitted its bid for the project, it was later clarified that they needed DIPAM's approval to participate in the resolution process, three people in the know said. The two non-banking financial companies had given a similar proposal for the stressed Lanco Amarkantak Power project, initially without the approval from the department. Later the department accepted it as 'fait accompli', two of the people said.

₹1.25 trillion ($15 billion) to its China headquarters from India since 2014, while not paying any taxes in India. Rai is accused of helping set up Vivo’s India operations. Lava International is a beneficiary of the Centre’s production-linked incentive (PLI) scheme for domestic smartphone manufacturing.

Virgin Australia has told staff it has offered to help get Australian citizens out of Israel if they want to leave, after the transport minister sought help from airlines and Qantas pledged to add two flights starting on Friday.

Electric bus outfit TrueGreen Mobility is set to hit the fundraising trail again, setting the scene for investors to cross-check punchy growth forecasts from previous pre-IPO rounds.

New Delhi: India said the Global Hunger Index suffers from “serious methodological issues" after the 2023 edition saw the country slip four places to rank 111 out of 125 countries. India ranked 107 out of 121 countries in 2022. This year, the GHI ranked Pakistan at 102, Bangladesh at 81, Nepal at 69 and Sri Lanka at 60.

NEW DELHI : Coal stocks continued to shrink with power demand across the country hitting a peak of well above the 200 GW mark this week. Thermal power plants across the country have coal stocks to last just 7.5 days, showed data from the Central Electricity Authority (CEA). Analysts said the decline in stocks comes on the back of a number factors, including rising demand, supply constraints and logistical issues.

PRINCETON (MINNEAPOLIS) : Five law enforcement officers were shot and wounded Thursday morning in an incident near the east-central Minnesota city of Princeton, authorities said. The suspect was not in custody and the incident was ongoing hours later. Three of the officers were taken to North Memorial Hospital in the Minneapolis suburb of Robbinsdale while two were taken to a hospital in St.

Israel on Thursday with the scheduled departure of two Canadian evacuation flights and as more countries say they will also work to evacuate citizens after a deadly Hamas attack on Saturday.The departures list at Tel Aviv’s Ben Gurion airport has two Canadian Air Force flights scheduled for 2:30 p.m. and 7 p.m.