Department Financial News

Hardeep Singh Nijjar. «We remain in close coordination with our Canadian colleagues on this question,» US State Department spokesperson Matthew Miller said while responding to a question related to Nijjar's killing in Canada. Miller's remarks came during a daily press briefing on Monday (US local time). Canadian Prime Minister Justin Trudeau recently alleged that the Indian government was behind the fatal shooting of Nijjar. Nijjar, who was a designated terrorist in India, was gunned down outside a Gurdwara, in a parking area in Canada's Surrey, British Columbia on June 18. Trudeau, during a debate in the Canadian Parliament, claimed his country's national security officials had reasons to believe that «agents of the Indian government» carried out the killing of the Canadian citizen, who also served as the president of Surrey's Guru Nanak Sikh Gurdwara. However, India has outrightly rejected the claims, calling it 'absurd' and 'motivated'. Notably, Canada has yet to provide any public evidence to support the claim about the killing of Hardeep Singh Nijjar. Miller said the US has engaged with the Indian government on a number of occasions to urge them to cooperate with Canada's investigation. He said US State Secretary Antony Blinken had an opportunity to discuss the issue with Foreign Minister S Jaishankar during their meeting on Friday. Meanwhile, Trudeau has said that Ottawa wants to «work constructively with India» regarding the allegations. While addressing a joint press conference with Ukrainian President Volodymyr Zelenskyy, Trudeau said, «In regards to India, Canada has shared the credible allegations that I talked about on Monday. With India, we did that many weeks ago.

Carpooling apps in Bengaluru as well as in other cities across Karnataka must register with the transport department and operate under the state’s regulations, transport minister Ramalinga Reddy said on Monday. The minister refuted media reports that his department was planning to levy fines on car owners using the carpooling app in the state capital. Bengaluru has an estimated two million people employed in the technology, startup and BPO sectors for thousands of whom carpooling is a preferred option to get around in the traffic-laden city.

Charlotte Sena disappeared two days ago during a family camping trip at Moreau Lake State Park in New York, sending authorities and volunteers into a frantic search. She was found safe and a suspect has been detained.

cryptocurrency exchanges, including those operating on the dark web. The proposed database is expected to help law enforcement agencies, including the Enforcement Directorate (ED), income tax department and the Central Bureau of Investigation (CBI) get crucial information on crypto assets and track their use in crime and money laundering activities. «By the end of this fiscal, we will have our own comprehensive crypto exchange database operating worldwide which will be available for enforcement agencies,» a senior official from the Financial Intelligence Unit told ET. The Organisation for Economic Co-operation and Development (OECD) had unveiled Crypto-Asset Reporting Framework (CARF) for automatic exchange of tax information annually on crypto transactions in a standardised fashion.

Ramalinga Reddy's statement on Monday that the government will not levy fines on car owners using carpooling apps in the state capital comes as a relief. Instead, he said, carpooling apps in the state must register with the transport department and operate under the regulations. There are several reasons why states should prioritise carpooling. One, it can make mobility affordable for many, especially when public transport options are inadequate in many cities.

Microsoft CEO Satya Nadella says unfair tactics used by Google led to its dominance as a search engine, tactics that in turn have thwarted his company’s rival program, Bing

The US Department of Justice (DOJ) is preparing to call former FTX customers, investors, and employees as witnesses in the upcoming trial against disgraced CEO Sam Bankman-Fried.

Australian coal export sales will fall faster than expected because higher volumes over the next two years will not be enough to offset a 46 per cent collapse in shipment values, official forecasts show.

'History suggests that discounts at these levels do not persist forever, and that periods of negative sentiment towards investment trusts can prove to be a good time to invest for the long term.'

National Medical Commission stating a majority of colleges it assessed in 2022-23 had ghost faculty and senior residents, saying this is what happens when «the PM chases headlines and self-glory». The National Medical Commission (NMC) said this recently in a reply to the Associations of Emergency Physicians of India (AEPI) over its grievance regarding the exclusion of emergency medicine speciality as a requirement for setting up new medical colleges.

Laurentian Bank of Canada said chief executive Rania Llewellyn will leave the company immediately and will be replaced by personal and commercial banking chief Eric Provost.

The government has extended the tenure of Nitin Gupta, the incumbent chairman of the Central Board of Direct Taxes (CBDT), till June 30, 2024 on “a contract basis”. The nine-month extension for Gupta came on the day when he was scheduled to retire.

The Reserve Bank of India on Saturday announced the extension of the deadline for exchange of Rs 2000 notes. According to the post shared by the central bank on X (formerly Twitter), the new deadline for Rs 2000 currency notes exchange is October 7. The RBI had announced the withdrawal of Rs 2000 notes from the circulation on May 19 earlier this year. The old deadline for exchanging the banknotes was September 30, 2023.

As hundreds of homes burned in Lahaina, the only community in West Maui reserved for Hawaiians emerged almost unscathed from the wildfire that killed at least 97 people

Federal student loan borrowers will need to start making payments again this month after a three-year-plus pause due to the pandemic

Vidhan Sabha building in Uttar Pradesh took a significant step forward as senior officials have reportedly delivered a presentation on the project to Chief Minister Yogi Adityanath on Sunday. According to sources quoted by TOI, discussions during the presentation included the exploration of three potential sites for this project, and an official announcement regarding the chosen location is expected to be made by the Chief Minister soon. Officials are actively scouting for a suitable land parcel, covering an extensive area of about 200 acres within the city. Among the proposed locations, one option is a 160-acre site near Chak Gajaria farms on Sultanpur Road, previously identified during the Samajwadi Party's administration, and previously considered in 2019. Another potential site under consideration is the area currently occupied by the DGP headquarters and the Lucknow Zoo in Narhi, pending the zoo's relocation to the Kukrail Forest Reserve following a UP Cabinet decision in 2022.

Also read: Amid India-Canada row, Elon Musk accuses Canadian PM Justin Trudeau of ‘crushing free speech’ But a senior government official told Reuters that New Delhi has not instructed importers to refrain from purchases. Besides, an official with the Canadian Global Affairs Department said that Canada is also not taking any action that would directly affect trade with India.

southwest monsoon will exit in the first week of October. The weather department said that the monsoon rainfall this year was its lowest since 2018 as the El Nino weather pattern made August the driest in more than a century.

iPhone 13 will be available below Rs 40,000 during the sale. Currently priced at Rs 59,900 for the 128GB storage variant, Rs 69,900 for the 256GB variant, and Rs 89,900 for the 512GB variant, this jaw-dropping discount shaves off a whopping Rs 20,000 from the original price. Amazon's detailed deal breakdown assures customers that the final deal price is expected to be even lower than the listed Rs. 59,900. But that's not all.

Achakzai said, «enough is enough» and declared an «all-out war» against terrorists, reported Dawn. In the remote Balochistan district of Mastung, a suicide bomber targeted an Eid-Milad-un Nabi (PBUH) procession on Friday, killing people, including a police officer, and injuring 100 more. While addressing a press conference, Achakzai was asked about a possible grand operation as the terrorists attacks are increasing in the province, to which, he said that he could not comment on that but added, that the state would defend each and every inch of its territory and carry out Intelligence-based Operations (IBO) if needed. However, two days have passed but no militant group has come forward to claim responsibility of the bombing.

Apple defends decision to set Google as default search engine on iPhones, Macs, says ‘no viable alternative’ Google Vice President for Finance Michael Roszak made the remarks during a training offered by the company on communications in July 2017. In the document released online by the Justice Department, Roszak said, "Search advertising is one of the world’s greatest business models ever created… there are illicit businesses (cigarettes or drugs) that could rival these economics, but we are fortunate to have an amazing business" “We've essentially been able to ignore one of the fundamental laws of economics - supply and demand.