Department Financial News

Federal agents searched the Ohio home of a prominent real estate developer who owns affordable housing properties and senior living centers across 26 states

Railway Board has initiated from October 23 a 15-day-long safety drive to inspect interlocking points and crossings across all rail networks in the country. In a written communication, the board has asked all railway zones and divisions to undertake the drive with a special emphasis on critical analysis of cases of derailment at these intersections in the last three years among other aspects. The drive was initiated almost a fortnight after a collision between a passenger and a freight train in Tamil Nadu. The incident is being investigated as initial findings hinted at an act of sabotage of the interlocking system or a possible mechanical defect in it. According to the board's letter, the officials should check if the interlocking points require frequent attention, their behaviour under the wheels of a train and also ensure the adequate availability of their components among other things.

SIDBI) is supporting indigenous Brass and Bell Metal industry in Assam. It is intervening in design up gradation and business knowhow. SIDBI in association with Guwahati-based Youthcove Foundation organized the MSME Cluster Outreach Programme at Brass and Bell Metal Cluster at Hajo, Kamrup District. This event was organized with the support of Industries, Commerce, and Public Enterprise Department, District Industries and Commerce Centre (DI&CC), and MSME Development & Facilitation Office (MSME-DFO). An approximately 250 participants attended this event.

The Biden administration is investigating the state of competition in air travel

According to the release, Pm Modi will inaugurate and lay foundation stones for water supply department projects worth Rs 705 crore. This includes inauguration of the Bharatmata Sarovar, built at a cost of Rs 35 crore, on the Gagadio river in Amreli district. He will also inaugurate 1000 projects of pit recharge, bore recharge and well recharge and inaugurate 590 projects worth Rs 20 crore under Water Resource Department.

CBI court has convicted a retired superintendent of the Goods and Services Tax Department and his wife for accumulating unaccounted assets worth Rs 1.24 crore, which were disproportionate to the officer’s known sources of income. The case spans the period from 1994 to 2018. Prasiddh Dubey, 66, received a sentence of four years in prison, while his wife, Vimla Dubey, was sentenced to two years for her role in aiding and abetting him.

The last Kmart on the U.S. mainland sits alone at the west end of a suburban Miami shopping center, quiet and largely ignored

Odisha's Bhadrak district experienced severe disruptions early on Friday as Cyclone Dana made landfall in the eastern state. Strong winds and heavy rains saw trees uprooted and roads blocked, with the cyclone's landfall expected to last a few more hours, according to the India Meteorological Department (IMD). The IMD reported wind speeds of 100-110 km/h, with gusts reaching 120 km/h, saying, «The severe cyclonic storm 'Dana' moved north-northwestwards with a speed of 12 kmph and lay centred over north coastal Odisha, about 15 km north of Dhamara and 30 km north-northwest of Habalikhati nature camp (Bhitarkanika).» Odisha's Revenue and Disaster Management Minister, Suresh Pujari, noted that approximately 10 districts are likely to be affected. «Around 10 districts are likely to be affected by the cyclone, comprising 60 blocks, 2131 villages, 12 urban local bodies, and 55 wards in different urban local bodies. The evacuation process has already reached its conclusion...Three lakh seventy-seven thousand people have already been evacuated...,» he said.

The owner and manager of the cargo ship that caused the Baltimore bridge collapse have agreed to pay more than $100 million to settle a lawsuit brought by the Justice Department

Southwest Airlines will replace several members of its board with candidates pushed by Elliott Investment Management to end a monthslong fight with the hedge fund

The number of Americans filing for unemployment benefits fell last week, but the total number of those collecting benefits rose to its highest level in almost three years

Deadly food poisoning outbreaks tied to McDonald's and Boar's Head may have left Americans wondering whether there are new risks in the U.S. food supply

Canada’s Rogers Communications on Thursday missed market expectations for third-quarter wireless subscriber additions, hit by cautious spending on its mobile plans and stiff competition in the telecom space.

“A young beautiful girl who came to Canada with big dreams” is how a 19-year-old Halifax Walmart employee is being remembered, as her friends and family struggle with the devastating details of her death.

Subscribe to enjoy similar stories. WASHINGTON—As Donald Trump’s allies began staffing up the transition team that will lay the groundwork for his potential second term, they drew a line in the sand.

BJP on Thursday launched a vitriolic attack on the Gandhi family, saying Priyanka Gandhi Vadra's nomination from Wayanad was a victory of dynastic politics and defeat of merit. BJP national spokesperson Gaurav Bhatia also alleged discrepancies in the declaration of assets in Priyanka Gandhi's poll affidavit Addressing a press conference here at the BJP headquarters, he also accused the Gandhi family of «insulting» Congress president Mallikarjun Kharge, a Dalit, by not allowing him to join the filing of nomination inside the collector's office. «It's a victory of corruption of Gandhi family and dynastic politics and defeat of merit,» he said slamming the Congress over nomination of Priyanka Gandhi from the Wayanad seat in Kerala.

Atul Bora said that with supportive policies, Assam has achieved an 85% increase in exports over the last six years, underscoring the potential of export-oriented farming. The Confederation of Indian Industry (CII) organised a North East Rural Conclave on 23 October 2024, at Guwahati marking a pivotal moment for the North Eastern Region as it undergoes rapid economic and industrial transformation. The conclave spotlighted rural development as a crucial entity for social and economic advancement, providing a dynamic platform for stakeholders to address the emerging demands for both farm and non-farm products, along with advancements in the service sector. Bora said with supportive policies, Assam has achieved an 85% increase in exports over the last six years, underscoring the potential of export-oriented farming. To maintain this momentum, fostering synergy among government departments and stakeholders is essential. He emphasized that financial resources are vital for effective rural development, particularly in the Northeast, where agriculture is the primary livelihood. Access to financial capital is crucial to implement modern farming techniques, invest in sustainable practices and enhance productivity

If you thought working in restructuring was just a way to call yourself a “banker” without working in investment banking, you’d be in for a slight shock. 

the body of a 19-year-old woman was discovered inside of a walk-in oven in the bakery department at a Walmart on Mumford Road in Halifax.Halifax Regional Police have remained tight-lipped on the details surrounding how it happened and have not released much information from the investigation.Police told Global News on Wednesday their officers are no longer at the scene but that other agencies may still be there, such as the province’s labour department.Nova Scotia’s medical examiner is working to determine the cause of death which has not yet been released.A police spokesperson said investigation is “complex” and there is no timeline on when further updates will be available.The store has remained closed to customers since Saturday night and there is no date for reopening.Walk-in ovens, also referred to as cabinet or batch ovens, allow for curing, drying or baking in batches using wheeled racks or carts.

Walmart has agreed to pay $7.5 million to settle a lawsuit filed by California officials that alleged the retail giant illegally dumped hazardous waste

A Venezuelan media tycoon has been charged in federal court in Florida for what authorities say was his role in laundering money in a conspiracy to siphon more than $1 billion from Venezuela's state oil company