Department Financial News

Bihar government has sounded an alert for floods in northern, southern and central parts of the state following heavy discharge of water from Birpur and Valmikinagar barrages on Sunday, officials said. The embankment of the Bagmati river in Madhkaul village in Sitamarhi district broke on Sunday, which is being repaired, they said. «Due to this incident, villagers have been evacuated to safer places and the repair work is on...No casualty has been reported so far,» Richie Pandey, District Magistrate (DM), Sitamathi, told reporters. Due to heavy discharge of water from Birpur barrage, seepage was also reported from the Kosi Eastern embankment near Gopalpur on Saturday night, which was repaired by the engineers of the Water Resources Department (WRD).

A Northern California tribe's chances of owning a Las Vegas-style casino seemed like a dream as unlikely as hitting the jackpot

budget. According to reports, Modi government is about to start the feedback process involving the private sector and tax experts on the Income Tax Act, 1961, starting in October. This initiative aims to simplify the existing direct tax laws. At a recent meeting with industry chambers, the government announced the development of a new feature on the Income Tax portal. This will allow stakeholders to offer suggestions on various sections of the Income Tax Act, intending to simplify the language and reduce legal disputes. The idea is to ensure that India's tax laws are more straightforward and less prone to litigation.

Economics is becoming a popular choice at the Indian Institute of Technology (IIT)-Bombay, surpassing several traditional engineering disciplines. Known primarily for engineering, the institute is witnessing a shift in student preferences. This year, the Economics program at IIT-Bombay opened at a higher Joint Entrance Examination (JEE) rank than disciplines such as Environmental and Civil Engineering. Shireesh Kedare, IIT-Bombay's director, noted, «Our Economics department opens a lot higher than many engineering colleges.» Data shows that after Computer Science, Electrical, and Mechanical Engineering, Economics and Chemical Engineering are the next most preferred courses. The BS (Economics) program gained significant interest, particularly among female students. Admission for the general category started at a rank of 1,562, with Energy Science beginning at 1,905, Civil Engineering at 2,244, Environmental Science at 3,424, and Metallurgical Engineering at 2,690. Deputy director Milind Atrey highlighted the high admission ranks for Economics students, ranging between 1,000 and 2,000, and praised their strong JEE (Advanced) scores.

Hezbollah leader Hassan Nasrallah have left the Iran-backed group at a crossroads. Confirmed by Hezbollah, Nasrallah led the organization for 32 years before his death on Friday. This event poses a significant challenge for the group as it seeks to select a new leader after facing the most intense military pressure in its 42-year history.

Wright Brothers National Memorial's First Flight Airport, the National Park Service said. The crash occurred at 5 pm on Saturday as, according to eyewitnesses, the airplane was trying to land at the airport, the park service said in a news release. The airplane caught fire after the crash, the park service said. The Kill Devil Hills Fire Department and other local fire departments put out the fire. The airport is closed until further notice, the park service said.

Punjab Chief Minister Bhagwant Mann has tested positive for leptospirosis, a bacterial infection commonly linked to tropical fever. As per ANI, Dr. RK Jaswal, Director and Head of the Department of Cardiology at Fortis Hospital, Mohali, confirmed that Mann had responded well to treatment and was showing significant improvement in his health. His vital signs are stable, and his condition has improved after receiving treatment to address increased pulmonary artery pressure. Mann has been placed on antibiotics to treat the leptospirosis, and his clinical and pathological tests have indicated satisfactory progress, the doctor added.

smart city development in Uttar Pradesh is almost sold out and talks are on for the next phase, commerce and industry minister Piyush Goyal said Saturday. Last month, the Union Cabinet approved setting up 12 industrial smart cities including in Agra and Prayagraj in Uttar Pradesh, with an overall investment of Rs 28,602 crore, employment potential of 1 million direct jobs and up to 3 million indirect jobs and investment potential of Rs 1.5 lakh crore. At the UP International Trade Show, Goyal also said that India’s intellectual property rights (IPR) regime has improved so much so that in 2014, only 6,000 patents were issued in 2014 but in 2024, one lakh patents were issued.

Musheer Khan, younger brother of Indian cricketer Sarfaraz Khan, sustained a neck fracture following a road accident near Lucknow on Friday, according to a report by ESPNcricinfo. Musheer was en route from his hometown, Azamgarh, to Lucknow for the Irani Cup, set to begin on October 1. Due to his injury, he is expected to miss that match as well as the opening rounds of the upcoming Ranji Trophy season. In a statement released on Saturday, the Mumbai Cricket Association (MCA) confirmed Musheer’s injury, noting that he is currently «stable, conscious, and well-oriented.»

Hassan Nasrallah, the leader of Hezbollah for the past 32 years, has reportedly been killed in an Israeli airstrike. His death marks a major setback for the militant group, which he led to prominence in the Middle East. Analysts believe Nasrallah’s death will weaken Hezbollah significantly and complicate the process of selecting his successor. Born in 1960 to a struggling Shiite family, Nasrallah pursued theological studies and initially became involved with the Amal movement, a Shiite political and paramilitary organization. He later helped found Hezbollah, which formally announced its creation in 1985 with an «open letter» identifying the US and Soviet Union as Islam’s main enemies. The letter also called for the «obliteration» of Israel, accusing it of occupying Muslim lands. Nasrallah was appointed Hezbollah’s secretary-general in 1992 and over the following decades built it into one of the most powerful militant organizations in the Middle East. Under his leadership, Hezbollah grew both militarily and politically, and became known for its staunch opposition to Israel and Western influence.

Karnataka on a host of issues, including 'corruption', JD(S) leader and Union Minister H D Kumaraswamy on Saturday said if he released the documents in his possession, six to seven state Ministers will have to resign. He claimed that the Congress administration was trying to «fix» him in some cases, after he began cornering the state government in connection with some alleged irregularities and started discussing them in public. «Siddaramaiah had accused (previous BJP government) of being 40 per cent commission govt and came to power. Today his own party is saying after this government coming to power it is more than 40 per cent (commission). Mr Siddaramaiah, did people give you power for this?» Kumaraswamy asked. Addressing reporters here, he said, «I have things (with me), I'm not running away. If I release the documents I have, six to seven Ministers will have to resign...I will release, will not run away with fear, no hit and run....»

Haryana's Bandhwari village on the Gurugram-Faridabad border, home to one of the largest landfill sites in the country, elections mean politicians visiting the garbage hill for «photo-ops» and making «mountains of promises». The locals, meanwhile, continue to struggle with contaminated water; diseases, including difficulty breathing; loss of business, and much more. Since its inception in 2010, the Bandhwari dumpsite has become a major waste repository in the region, receiving more than 2,000 tonnes per day (TPD) of mixed waste — 1,400 TPD from Gurugram and 600 TPD from Faridabad. Unfortunately, only a small fraction of the waste generated by the two cities is processed.

Many Canadians likely plug in their phone before going to bed to charge it during a period of the day when they don’t need it, but Montreal fire officials are urging people not to do so due to a potential fire risk.

Lawyers for Boeing and families of some people who died in two crashes of Boeing jetliners will go face to face in court next month

Google has called more than a dozen witnesses to defend itself against claims by the Justice Department and a group of state attorneys general that it has a monopoly in advertising software that places ads on web pages, part of a second major federal antitrust trial against the tech giant. Google's lawyers wrapped up their arguments in the case on Friday, and the government will now offer a rebuttal. Judge Leonie Brinkema of the US District Court for the Eastern District of Virginia, who is presiding over the nonjury trial, is expected to deliver a ruling by the end of the year, after both sides summarize their cases in writing and deliver closing arguments. The government last week concluded its main arguments in the case, US et al. v. Google, which was filed last year and accuses Google of building a monopoly over the technology that places ads on websites around the internet.

Internet services have been suspended in Bhadrak district of Odisha following communal incidents in the area due to social media postings. «The district administration has expressed concern of misuse of internet for spreading communal violence,» read the order by the Odisha government. Deputy Inspector General, Eastern Range, Satyajit Naik on Friday said that following incidents of stone pelting, Section 163 of BNSS has been promulgated, prohibiting assembly of more than five people in an area.

Sattur region of Virudhunagar district in Tamil Nadu on Saturday. According to the officials from the Fire and Rescue Department, the factory is still ablaze and explosions are continuing to take place, due to which they aren't also able to get close enough to control the situation. No casualties have been reported in the fire incident so far.

Thoothukudi on Saturday morning. The India Meteorological Department (IMD) has predicted heavy rainfall in Tamil Nadu, neighbouring Pondicherry, and Kerala on September 29. Several other states including Uttar Pradesh, Madhya Pradesh, Sikkim, Maharashtra, and Andhra Pradesh also received heavy rainfall from 8:30 a.m. on September 27 to 5:30 a.m today, as per the IMD. On September 26, heavy rain lashed the state's capital, Chennai, and left several parts of the city waterlogged. The rain in the city started after 6 pm and continued late into the night. Power outages and traffic snarls were reported from several parts of the city. According to the officials, from yesterday 8.30 am to today 5.30 am, Nungambakkam received 7.42 cm of rainfall and Menambakkam received 7.12 cm of rainfall.

Prochain Capital President David Tawil talks Disney job cuts, looming port strikes and which commodities and stocks are best to put your money on.

The deli meat company Boar's Head is being scrutinized by law enforcement officials over a deadly outbreak of listeria food poisoning

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...