Department Financial News

The Victorian auditor-general will deliver its findings about VicTrack’s fibre-optic sensors venture, described by the Liberal Party as “a case study in funny money”, in the next three months after missing its June deadline.

Jammu and Kashmir has achieved a «significant milestone» in e-governance by providing over 1,028 services in online mode to citizens, institutions and business establishments, according to an official release issued on Sunday.

Reuters quoted PBOC adviser Liu Shijin, saying the Asian country has limited room for further monetary policy easing. Shijin, a member of the People's Bank of China's (PBOC) monetary policy committee, opined that Beijing's room for monetary policy easing was limited by widening interest rate differentials with the US.

NASA's OSIRIS-REx spacecraft is set to make an extraordinary delivery — a pristine sample collected from the near-Earth asteroid Bennu. This marks NASA's first-ever return of an asteroid sample from space, an event that will be live-streamed starting at 10 a.m. ET on Sunday.

Startups in India: India has crossed 1 lakh registered startups under the Startup India initiative, the minister of commerce and industry Piyush Goyal said while addressing an event in New Delhi. Highlighting the success of the Startup India initiative, Goyal stated that the nation has witnessed remarkable growth from 450 startups in 2016 to more than 1 lakh startups in 2023, recognised by the Department for Promotion of Industry and Internal Trade.

To make surety bond business more attractive, the government is looking at making relevant changes in the Insolvency and Bankruptcy Code (IBC) to consider insurers as financial creditor in case of default of infra projects.The surety bond issued by a general insurance company is a three-party contract by which one party (the surety) guarantees the performance or obligations of a second party (the principal) to a third party (the obligee).The surety is a company that provides the financial guarantee to the obligee (usually a government entity) that the principal (business owner) will fulfil their obligations.

A total of 70.9 million income tax returns (ITR) have been filed for the income earned in FY23 (assessment year FY24). Of these, 69.6 million  ITRs have been verified, of which 64.6 million returns have been processed as on date (September 23), including 27.5 million refund returns, the Income Tax department said in a post on X.

LG Chem Ltd has entered a partnership with China's Huayou Group's subsidiary Youshan, it said on Sunday, to build a joint electric vehicle (EV) battery material plant in Morocco to diversify its portfolio. Huayou has joined the growing number of Chinese electric vehicle and battery companies seeking to expand overseas to get closer to their foreign clients and benefit from local incentives.

JCOs) and other ranks of the Army have been settled following a joint initiative by the force and the defence accounts department, official sources said on Sunday. Majority of the claims pertained to house rent allowances, pay fixation cases and education allowances to children of the Army personnel, they said. The Army headquarters and the Controller General of Defence Accounts (CGDA), the office that heads the defence accounts department, carried out the pan-India outreach to clear the cases of claims, the sources said. To clear the pending cases, a «war room» was established in the CGDA and cases were being monitored closely, the sources said, adding the exercise has benefitted a large number of JCOs and other ranks. The outreach commenced at the beginning of this month, spearheaded by joint CGDA (grievances), under which camps were organised in all 48 'pay and account offices' across the country, they said. Similarly, Indian Army activated their records offices to address all cases on priority, they added. The records offices in the Army are responsible for checking the veracity of the claims while the vetted claims are finally cleared by the pay and accounts offices. The pay and accounts offices (PAO) operate under the CGDA.

PMO statement, the introduction of these nine Vande Bharat trains will herald a new standard of rail service in the country and will be equipped with world-class amenities and advanced safety features, including Kavach technology. 1. Udaipur – Jaipur Vande Bharat Express: The Udaipur – Jaipur Vande Bharat Express run six days a week, except for Tuesday.

Vande Bharat Express train, with regular operations of the Patna-Howrah-Patna route commencing on September 26th. In a noteworthy development, Prime Minister Narendra Modi will virtually inaugurate this service on Sunday.

Prime Minister Narendra Modi on Sunday flagged off nine Vande Bharat trains virtually in a move that is expected to significantly improve rail connectivity to religious and tourist destinations across 11 Indian states. «Speed, scale of infrastructure development is matching aspirations of 140 crore Indians,» PM Modi at the event he attended virtually. He added that popularity of Vande Bharat trains is rising constantly rising as over 1.11 crore passengers have already travelled in them. According to an official statement, these new Vande Bharat trains will be the fastest on their respective routes, ensuring passengers save a considerable amount of time during their journeys. «Now, 25 Vande Bharat trains running, now nine more added; that day is not far when these trains will connect all parts of country,» said PM Modi. «Under PM Modi's vision the railway sector has transformed in the past nine years… Several new facilities are being installed,» said Railway Minister Ashwini Vaishnaw at the event.Catch Live Updates of the Vande Bharat train launch here The routes on which these trains will operate are as follows:

Narendra Modi is all set to reveal the much-anticipated Tirunelveli — Chennai Vande Bharat Express Train. This high-speed train will link Tirunelveli and Chennai, making the journey more convenient for travelers. The inaugural event will be held through a video conference from New Delhi on Sunday, September 24. The Tirunelveli — Chennai Vande Bharat Express will set off from Tirunelveli Junction at 6 a.m. The train is expected to reach Chennai at 1.50 p.m. For the return journey, the train will depart from Chennai at 2.50 p.m. and arrive in Tirunelveli at 10.40 p.m. One of the main advantages of this new service is the reduced travel time. It will take less than eight hours to travel between Chennai and Tirunelveli, a significant improvement from the 11 to 12 hours it currently takes on regular express trains. The Vande Bharat Express comes with some impressive features:

Vande Bharat Express is poised to transform the transportation landscape between these two pivotal cities. Udaipur and Jaipur, famed for their cultural and tourist attractions, are on the brink of becoming more closely connected, thanks to this high-speed rail service. Jaipur, already linked with the Delhi-Ajmer Vande Bharat Express, is set to welcome its second Vande Bharat Express service, while Udaipur eagerly anticipates its inaugural Vande Bharat Express, offering a swifter and more convenient way for travelers to explore these iconic destinations. The Udaipur-Jaipur Vande Bharat Express Route The Udaipur-Jaipur Vande Bharat Express will cover a distance of 430 kilometers, significantly trimming down travel time between the two cities.

mega industries with private enterprises. Chief Minister Himanta Biswa Sarma on Saturday attended the ceremonial signing of memoranda of understanding between the Industries department of the Government of Assam and six numbers of private sector industrial enterprises for setting up mega industrial parks totalling an investment of Rs 3,114 crore across the State. A land lease agreement was also signed between the Assam Tourism Development Corporation (ATDC) and Jenipro Hotels Pvt Ltd for setting up of a 5-star category hotel with an investment of Rs 100 crore at Hatighuli Bagisa Gaon near Kaziranga National Park. Sarma said today's signing of agreements that would entail investments of as much as ₹3,000 crore indicates Assam moving forward towards becoming one of the most industrialised States in the country. Stating that agreements for investments amounting to several thousand crores inked earlier in the year with the private sector are at various stages of implementation, Sarma said another batch of industrial investment proposals amounting to around ₹10,000 crores are currently being studied by the empowered committee set up by the Government of Assam to expedite the investment ecosystem in the State. Referring to the signing of memorandum of understanding signed as a historic moment for the State, Sarma said the Rs 2,000-crore investment by M/s Kesar Petro Products shall generate around 200 direct and around 1800 indirect employment opportunities while Longspan Structures' investments of Rs129 crores would lead to generation of around 220 direct and 180 indirect employment opportunities.

space venture on the margins of the United Nations General Assembly in New York to take forward their partnership. “Primarily using the space-based observation data and capabilities of the four I2U2 partner countries, this project aims to create a unique space-based tool for policymakers, institutions and entrepreneurs, enabling their work on environmental and climate change challenges and furthering our cooperation in the applications of space data for the greater good of humanity,” according to a readout by the State Department following the announcement on Friday. Meanwhile, Under Secretary of State for Economic Growth, Energy, and the Environment Jose W.

Narendra Modi is set to inaugurate nine Vande Bharat trains in a move that is expected to significantly improve rail connectivity to religious and tourist destinations across 11 Indian states. The inauguration will be conducted via a video conferencing session, in line with the Prime Minister's vision to enhance connectivity and provide top-tier facilities for rail passengers. According to an official statement, these new Vande Bharat trains will be the fastest on their respective routes, ensuring passengers save a considerable amount of time during their journeys. The routes on which these trains will operate are as follows:

West Virginia Attorney General Patrick Morrisey ® discusses the lifting of Title 42 and the Biden administration's handling of the border and opioid crises.

Larry Summers said on Saturday. Summers co-chairs the Independent Expert Group on strengthening MDB reforms. He said a combination of factors, including promoting free market forces, addressing infrastructure needs- particularly in energy -and undertaking reforms in key states, could catapult India into the high-growth trajectory.

Jim Harbaugh is set to return to the sidelines for the Michigan Wolverines as they face their first significant challenge of the season against Rutgers. However, Harbaugh was conspicuously absent from the first three games due to a self-imposed suspension. During his absence, Michigan's defense performed admirably, and the team secured convincing victories. Now, as Harbaugh returns, it's worth delving into why he wasn't present for those initial matchups.

₹1555 in AC chair car which include a catering charges of ₹364 which is optional while booking the ticket. The fare in Executive Chair Car is ₹2835 Which includes a catering charge of ₹419 and is optional.