Department Financial News

Boeing has so far laid off 2,199 workers in Washington, among job cuts that will eventually total about 17,000 across the company

Donald Trump's transition team have told advisers they plan to make a federal framework for fully self-driving vehicles one of the Transportation Department's priorities, according to people familiar with the matter. If new rules enable cars without human controls, it will directly benefit Elon Musk, the Tesla chief executive officer and Trump mega-donor who's become a powerful fixture in the president-elect's inner circle. He's bet the future of the EV maker on self-driving technology and artificial intelligence. Tesla's stock rose more than 7% shortly after the market open Monday, extending their 28% advance since election day. Shares of Uber and Lyft, who could face competition from Musk's long-planned robotaxi network, each fell more than 6% in intraday trading.

Subscribe to enjoy similar stories. For many, winter is not a season they look forward to as it brings a host of health challenges.

Department of Government Efficiency. Their collaboration aims for deep, historic cuts to agencies, with the U.S. Department of Education facing potential dissolution. Speaking to Fox News, Ramaswamy emphasized the need for swift, impactful changes.

staggered working hours and air purifiers in all office buildings to mitigate the health impact of the severe pollution levels. In a letter to the Secretary of the Department of Personnel and Training (DoPT), the association said that poor air quality has also had a noticeable effect on workplace productivity with employees experiencing symptoms such as respiratory issues, eye irritation, fatigue and general discomfort. «It has become imperative to take urgent measures to ensure the well-being of all, particularly those engaged in government services,» said the letter by the CSS Forum.

India International Trade Fair, an official statement said on Monday. The Government e-Marketplace (GeM) is an online platform that facilitates end-to-end procurement of goods and services by various central, state ministries, departments, organisations, public sector undertakings, panchayats, and cooperatives. The online portal was established with a clear objective to eliminate cumbersome and archaic manual public procurement processes that were riddled with inefficiencies and transparency-related issues. GeM is onboarding the Indian sellers and service providers by conducting an extensive registration drive at its pavilion at the India International Trade Fair (IITF), the commerce ministry said.

Subscribe to enjoy similar stories. A messy fight over who should be President-elect Donald Trump’s Treasury secretary has played out privately at Mar-a-Lago in recent days. It all spilled into public view on Saturday.

The Commerce Department releases data on housing starts Tuesday

Subscribe to enjoy similar stories. WASHINGTON : Under Donald Trump, Republicans have drawn swaths of working-class voters away from the Democratic Party.

Government of Manipur, Secretariat Higher and Technical Education Department declared the closure of institutions, colleges including state universities in these districts till Tuesday. The decision has been taken in consultation with the Home Department, Government of Manipur. Order from Secretariat Higher and Technical Education Department said, «In view of the curfew imposed by District Magistrate in many of the Districts and considering the safety of the students and teacher, it is hereby ordered that all the Government Institutions/Government Aided Colleges under Higher & Technical Education Department, Government of Manipur including State Universities in the Districts where curfew has been imposed shall remain closed for 2(two) days w.e.f November 18 to November 19.»

international students in the United States, according to the latest Open Doors Report on International Educational Exchange. During the 2023-2024 academic year, over 331,602 Indian students pursued higher education at US institutions, representing a significant 23% jump from the previous year. This increase was primarily driven by graduate student enrollment, which saw a 19% rise to reach 196,567 students. The report also highlights a significant 41% increase in Indian students participating in Optional Practical Training (OPT) after graduation, reaching a total of 97,556. “The experience of studying in the United States not only shapes the lives of individuals, but the future of our interconnected world,” said Scott Weinhold, senior bureau official for the Department of State Bureau of Educational and Cultural Affairs. “The ties formed between US and international students today are the basis of relationships for future business and trade, science and innovation, and government relations.”

Poultry on a commercial farm in England have been infected with the bird flu virus

Hindustan Zinc surged 2% to their day’s high of Rs 504.65 on the BSE today after the company on Friday announced that it emerged as a preferred bidder for Dugocha Gold & Associated Mineralization Block. “Via notification dated November 15, 2024, hosted on the mstc ecommerce auction portal, the Company has been declared as 'Preferred Bidder' for Dugocha Gold & Associated Mineralization Block, District Salumber (on highest Final Price Offer of 8.15%),” said the company in a filing to the exchanges.

The air quality index climbed to 762 in some parts of Delhi such as Jahangirpuri, according to aqicn.org. New Delhi grapples with smog, a toxic blend of smoke and fog, each winter as cold air traps dust, emissions and smoke from illegal farm fires.

Subscribe to enjoy similar stories. November is halfway through, and you, just like me, might also be wondering: When will winter start in Delhi? The national capital is already grappling with severe fog. Its air quality is regularly dipping to dangerous levels; the city was declared the most polluted capital city in the world on Wednesday.

The U.S. antitrust watchdogs that pounced on Big Tech and deterred dealmaking throughout corporate America during President Joe Biden’s administration may be tamer and kept on a shorter leash by President-elect Donald Trump after he returns to the Whit...

Central Board of Direct Taxes (CBDT) has recovered ₹35,500 crore of outstanding dues for the April-September period of this financial year, ET has learnt. This includes ₹23,000 crore of corporate tax and ₹12,500 crore of personal income tax. Officials said the figure is going to rise further as the board has asked field formations to focus on recovery and set zone-wise recovery targets.

President-elect Donald Trump has selected Chris Wright, a campaign donor and fossil fuel executive, to serve as energy secretary after his second administration begins in January

Subscribe to enjoy similar stories. New Delhi: India has adopted the global standard for CubeSat—a class of small satellites—as part of the Union government’s efforts to expand the country’s share in the global space economy, two people aware of the development said.

Biden's administration may be kept on a shorter leash by Donald Trump after he returns to the White House next year. Although regulators began cracking down on tech powerhouses such as Google and Facebook during Trump's first term as president, most experts expect his second administration to ease up on antitrust enforcement and be more receptive to mergers and deal-making after years of hypervigilance under Biden's watch. One of the biggest reasons underlying the anticipated pivot stems from the widespread belief that the chief architects of the Biden administration's get-tougher stance — Lina Khan of the U.S. Federal Trade Commission and the Justice Department's Jonathan Kanter — won't be part of the Trump regime.

disqualification of MPs for holding office of profit and bring a new one which is in sync with present requirements. The legislative department of the Union law ministry has floated the draft 'Parliament (Prevention of Disqualification) Bill, 2024' prepared on the lines of recommendations made by the Joint Committee on Offices of Profit (JCOP) then headed by Kalraj Mishra in the 16th Lok Sabha. The proposed bill seeks to rationalise section 3 of the existing Parliament (Prevention of Disqualification) Act, 1959 and to remove the negative list of offices provided in the schedule containing offices, the holders of which would incur disqualification. It also proposes to remove the conflict between the existing Act and certain other statutes which have an express provision for not to incur disqualification.