Department Financial News

The United Nations says the world economy resisted battering by conflicts and inflation last year and is expected to grow a subdued 2.8% in 2025

The government circular released on October 3 stated that, “In state government secretariat departments and directorates, a five-day workweek system will remain in effect. For regional offices (including divisional commissioner offices, offices of chief engineers, etc.), a six-day workweek system will remain in effect. In the year 2025, due to the occurrence of both the 358th and 359th birth anniversaries of Guru Gobind Singh Ji, holidays have been declared for both dates.” Also read: Central government holiday list 2025

V Narayanan is set to take over as Isro chairman on January 14. He will also serve as secretary of the Department of Space and chairman of the Space Commission, succeeding S. Somanath. While talking to reporters, he recently revealed the missions he will be focussing on. Narayanan outlined several key projects for ISRO, including Chandrayaan-4, a mission to return lunar samples; Gaganyaan, a human spaceflight program; and the development of a space station. «We have already charted our programmes for a year or two, and these include series of experiments for human missions… We will be conducting a docking experiment of the SpaDex satellite, which is crucial for Chandrayaan and space station missions. This month-end, we plan to launch the second series of navigation satellites using a GSLV,» he told reporters on Wednesday.

Subscribe to enjoy similar stories. WASHINGTON—The Supreme Court refused to block President-elect Donald Trump’s criminal sentencing for covering up hush money paid to adult-film star Stormy Daniels, clearing the way for an unprecedented court proceeding Friday in New York.

Nvidia on Thursday criticised a reported plan by the Joe Biden administration to impose new restrictions on AI chip exports, saying that the outgoing US leader should not «preempt incoming President Trump» by enacting a last-minute policy. «We would encourage President Biden to not preempt incoming President Trump by enacting a policy that will only harm the US economy, set America back, and play into the hands of U.S. adversaries,» Nvidia Vice President Ned Finkle said in an emailed statement. The US Commerce Department and the White House did not immediately respond to Reuters' requests for comment outside regular business hours.

An oil tanker that burned for weeks in the Red Sea and threatened a massive oil spill has been “successfully” salvaged

The Canadian Chamber of Commerce is calling on the federal government to restore clarity to the upcoming tax filing season by pre-emptively nixing its proposed changes to capital gains taxes.

The U.S. Interior Department says that no bids were submitted for this week’s oil and gas lease sale in Alaska’s Arctic National Wildlife Refuge

tax returns filed by taxpayers are accepted without scrutiny, said government sources familiar with the matter.

Mahakumbh facilities The UP Police has established 10 state-of-the-art digital lost-found centres across the Mahakumbh area for safety and convenience of devotees. These centres are equipped with state-of-the-art facilities, including waiting rooms and medical rooms. To ensure comfort, a separate refreshment area has been arranged for women and children. Additionally, all centres have been fitted with 55-inch LED screens connected to a public address system, which will display live updates regarding lost and found persons and items.

Subscribe to enjoy similar stories. New Delhi: India saw more than 200 cases of Human Metapneumovirus (HMPV) cases between January and December last year, senior government scientists said, emphasizing that the virus is not a new pathogen and there was no cause for concern. The virus has been reported every year in India, and there is no unusual increase in cases in the country.

Microsoft has announced plans for another round of layoffs in 2025, targeting underperforming employees across various departments, including its security division. The move is part of the company’s updated performance management strategy, aligning with similar actions by other tech giants.

Subscribe to enjoy similar stories. Elon Musk reiterated that his Department of Government Efficiency will try to cut $2 trillion from federal spending, but he said they may not reach that goal. “I think if we try for $2 trillion, we’ve got a good shot at getting one," Musk said Wednesday in a conversation with Mark Penn, chairman and chief executive of ad company Stagwell, that was livestreamed on Musk’s social-media platform X.

Narendra Modi on Thursday released the genome sequencing data of 10,000 Indian nationals and said it will be a milestone in the field of biotechnology research. The Genome India Data, that represents the genetic diversity in the country, will be available to researchers at the Indian Biological Data Centre (IBDC) through «managed access».

U.S. applications for unemployment benefits fell to their lowest level in nearly a year last week, pointing to a still healthy labor market with historically low layoffs

A Quebec father says he had to take his son to the United States for care after alleging doctors in Montreal wrote off his son’s chances at survival.In October 2024, two-and-a-half-year-old Arthur Tetrault was found in the pool of a home his family was renting in Ile-Bizard, Que., a Montreal suburb.Nicolas Tetrault said his son was rushed to the Lakeshore General Hospital Emergency department, and eventually, was transferred to the Montreal Children’s Hospital.It was there where his father said he began to grow unsatisfied with how his son was being treated.“They decided unilaterally that Arthur had no chance of survival, couldn’t breathe on his own (and) would be basically in the vegetative state for the next years of his life,” Tetrault said.Not wanting to give up on his son, Tetrault said he started doing his own research on possible treatments for drowning victims.He found the work of Dr. Paul Harch, a specialist on hyperbaric oxygen treatment in Louisiana who claims he’s had several positive results in young victims of brain injuries, including that 85 per cent of severely drowned children would see some level of improvement with hyperbaric oxygen treatment.Tetrault said he asked doctors in Montreal to give Arthur hyperbaric oxygen treatment and other alternative treatments based on increasing oxygen levels.According to him, they said no.

Check out what's clicking on FoxBusiness.com.

GST department has announced a big relief for taxpayers who are struggling with show cause notices across multiple districts in the state. Now if multiple GST notices are issued to the taxpayer on the same issue even if it's for different periods, then the hearings for these multiple GST notices will be held by a single adjudicating authority instead of multiple authorities.

The U.S. Justice Department is suing several large landlords for allegedly coordinating to keep Americans’ rents high

Pacific Palisades of massive destruction.