Department Financial News

One of the men from Wayanad district was initially found to be infected, and the second person, from Kannur, tested positive later, according to her statement. Following the reports of the disease, the Health Department has directed those who came in contact with the patients to monitor for any symptoms and report them accordingly.

Tom Cruise is now a real-life military hero after years of playing military heroes on screen. The 'Top Gun' star was honoured with the Department of the Navy Distinguished Public Service (DPS) Award during a ceremony in London on Tuesday, which recognized Cruise’s contribution and dedication to the US Navy through his film work. Top Cruise was awarded the US Navy's top civilian honor on Tuesday for “outstanding contributions to the Navy and the Marine Corps” with “Top Gun” and other films, reports news agency AP. He works in the UK. “Top Gun,” the smash hit 1986 movie about Cold War flying aces, made Cruise a star and drove a spike in military enlistment. The Navy even set up recruitment tables in theaters.

Subscribe to enjoy similar stories. U.S. authorities are investigating whether a Chinese company whose popular home-internet routers have been linked to cyberattacks poses a national-security risk and are considering banning the devices.

Pacific Gas & Electric Co. could receive up to $15 billion in federal loans to help the utility modernize its power grid and expand clean energy infrastructure across central and northern California

A Jersey Shore environmental group says damage from decades of toxic waste dumping at one of America's most notorious pollution sites caused $1 billion worth of damages

Energy Secretary Jennifer Granholm says the incoming Trump administration should proceed cautiously as it considers proposals for new natural gas export terminals

Consumers stepped up their spending at retail stores last month, providing a boost to the economy in the early phases of the winter holiday shopping season

HDFC Bank and Tally Solutions to help startups growth. Under the MoU with the bank, startups will benefit from customised banking and financial products designed to cater to their specific requirements, such as working capital, credit access, and cash flow management. Sumeet Kumar Jarangal, director of Startup India, said by leveraging the bank's expertise and resources, DPIIT aims to provide startups with seamless access to financial services and innovative solutions. «This collaboration will not only effectively combat the critical challenges like funding and financial management but also create a conducive environment for startups to innovate and flourish in a result-oriented manner,» he said.

Bengaluru is set to experience its coldest December night in over a decade this week, with temperatures predicted to drop to 10°C, breaking an over a decade-old record. The India Meteorological Department (IMD) forecasts that this temperature could be the lowest since 2010, surpassing the city's previous coldest December night in 2011.

Indian defence forces are aiming to expand their assets in space and bolster the strength of the agencies responsible for these tasks. A detailed presentation was recently made by the Department of Military Affairs (DMA) to senior Defence Ministry functionaries in the presence of service chiefs and key stakeholders from the Indian Space Research Organisation (ISRO) and the Defence Research and Development Organisation (DRDO). Government officials told that the defence forces are focusing on enhancing the number of space-based assets and the necessary ground infrastructure to support them.

Retail sales jumped 0.7% last month after an upwardly revised 0.5% gain in October, the Commerce Department's Census Bureau said on Tuesday. Economists polled by Reuters had forecast retail sales, which are mostly goods and are not adjusted for inflation, advancing 0.5% after a previously reported 0.4% rise in October.

Starting in September of 2027, all new passenger vehicles in the U.S. will have to sound a warning if rear-seat passengers don’t buckle up

Subscribe to enjoy similar stories. When I first saw the original blueprint of the Ayushman Bharat Digital Health Mission (ABDM), the feature that really jumped out at me was its anonymizer module. This was the first time that a digital building block designed to de-identify personal data was being built directly into the digital workflow and I was excited by the possibilities that this offered.

Uttar Pradesh government on Tuesday presented the second supplementary budget for financial year 2024-25, amounting to Rs 17,865 crore. The budget was tabled on the second day of the winter session of the state assembly. After the Question Hour, Finance and Parliamentary Affairs Minister Suresh Kumar Khanna presented the second supplementary budget. In his address, Khanna stated that the budget size is Rs 17,865.72 crore, which is 2.42 per cent of the original budget of Rs 7,36,437.71 crore. Khanna explained that the need for this supplementary budget arose due to the government's development priorities and adherence to constitutional provisions.

income tax department on Tuesday said it is sending SMS and emails to taxpayers and non-filers where it has identified mismatch between transactions reported in Annual Information Statement (AIS) and income disclosed in ITRs for the financial years 2023-24 and 2021-22. In a statement, the Central Board of Direct Taxes (CBDT) said it has launched an electronic campaign to assist taxpayers in resolving mismatches between the income and transactions reported in the AIS and those disclosed in Income Tax Returns (ITRs) for the financial years 2023-24 and 2021-22. This campaign also targets individuals who have taxable income or significant high-value transactions reported in their AIS but have not filed ITRs for the respective years. The initiative is part of the implementation of the e-Verification Scheme, 2021.

Finance Minister Nirmala Sitharaman is likely to present the annual budget 2025, her eighth consecutive Union Budget, on February 1. The annual budget details the planned expenditures and revenues for the fiscal year, which runs from April 1 to March 31. Expenditures cover areas such as public welfare programs, imports, military funding, salaries, pensions, and debt interest. Revenue is generated through taxes, public sector enterprises, government borrowing via bonds, and other sources.

President Joe Biden has signed a proclamation establishing a national monument honoring the late FDR-era Labor Secretary Frances Perkins

Florida Atlantic’s board of trustees is expected to approve a $22.5 million, 15-year deal that would give Flagler Credit Union the naming rights to the school’s football stadium

The federal government broke its key fiscal guardrail and posted a deficit of $61.9 billion for the 2023-2024 fiscal year, according to the fall economic statement released on Monday, blowing past the $40.1 billion level at which it promised to keep the deficit.

Finance Minister Chrystia Freeland has announced her resignation from the federal cabinet, placing the blame on Prime Minister Justin Trudeau for her decision.

Delhi airport operator DIAL on Monday said the airport now provides connectivity to 150 destinations. On Sunday, Thai AirAsia X launched direct flights between Delhi and Bangkok-Don Mueang (DMK), marking the 150th destination connected to Delhi airport, according to a release. Delhi International Airport Ltd (DIAL) also said it has become the first airport in the country to connect 150 destinations. «Of all the long-haul destinations from India, 88 per cent of destinations are connected from Delhi and 56 per cent of all long-haul weekly flights departing from India, operate from Delhi.