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Consumer Financial Protection Bureau said. The new rule finalised on Thursday will bring a burgeoning consumer service under the same scrutiny faced by banks while helping protect the privacy of vast amounts of consumer data and preventing fraud and the illegal closure of their accounts, the agency said.

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business incubator of Indian Institute of Technology Bombay (IIT Bombay), plans to scale up the number of startups it supports over four-fold to 1,000 over the next 10 years, the institute said in a statement on Thursday. To give further impetus to its 4X scale up plan over the next decade, SINE plans to launch a Rs 100 crore Venture Capital (VC) fund to support deep tech start-ups and those in areas of national importance. Post finalisation and receipt of regulatory approvals, SINE aims to approach IIT Bombay alumni to raise subscriptions for the proposed fund. The fund will focus on science, biotech, space, defence, and other national priority sectors to drive innovation. “To have a scale impact, India needs to go from 100 startups per million population to 1,000. By leading the way, SINE hopes to emerge as an innovation and entrepreneurship powerhouse focussed on democratising entrepreneurship and providing quality access to coaching, capital and connects to customers and the ecosystem,” said Shaji Varghese, CEO, SINE.

Here’s everything you need to know about the upcoming sales, including dates, offers, and how to grab the best deals.

Zopper has raised $25 million in a fresh round of funding led by Elevation Capital and Dharana Capital, the company said in a note today. While Elevation Capital is an active investor in the Indian fintech ecosystem, Dharana Capital has backed the likes of NoBroker, Urban Company and others. The round also saw participation from existing investor Blume Ventures. Creaegis, Bessemer Venture Partners, and ICICI Venture are the other investors of Zopper. The startup has raised $96 million in total equity infusion till now.

Indian School of Business (ISB) has received a CSR gift of Rs 30 crore from the Ramoji Foundation towards aiding infrastructure development at the school’s Hyderabad campus, the institute said in a release on Thursday. The funds received through this gift will support the construction of a state-of-the-art 430-seater auditorium as part of the upcoming Executive Centre. Upon completion, the facility will boost the school’s capacity to host international conferences, research seminars, distinguished lectures, and other academic events. Harish Manwani, Chairperson of the ISB Board, said in a statement: “The largesse of our donors has played an important role in ISB's ability to stay true to its vision of being a world-class institution for learning and research. We are grateful for this contribution from Ramoji Foundation that will go a long way in sustaining the top-notch infrastructure that enables ISB in this endeavour.”

The fee increases will apply to several types of applications, including those for the restoration of temporary resident status, authorization to return to Canada, criminal rehabilitation for serious criminality, and Temporary Resident Permits (TRPs). Immigration, Refugees and Citizenship Canada (IRCC) has not yet released the updated application fees.

Subscribe to enjoy similar stories. Tim Berners-Lee has a radical proposition. Instead of leaving our online data vulnerable to harvesting by large tech platforms and governments, we should control it.

mutual funds or schemes that invest mostly in equity and debt fare better in an uncertain or volatile environment. Mutual fund experts believe that the markets are likely to be cautious and investors should also proceed with caution. Aggressive hybrid funds are one of the popular hybrid mutual fund categories. These schemes are mandated to invest in a mix of equity (or stocks) and debt. As per Sebi norms, these schemes must invest 65-80% in stocks, and 20-35% in debt. This mixed portfolio helps to deal with the market volatility better. When the equity market is in turmoil, the debt part of the portfolio softens the blow. This helps new investors to continue with their investments without worrying too much about volatility. Also Read | Best value funds to invest in November 2024

tariff increases and seek to avoid labor-related disruptions at alternate ports. “The Port of Los Angeles handled a robust 905,000 container units in October,” Executive Director Gene Seroka told reporters on Wednesday. That’s a 25% gain over last year and is the first time the port handled more than 900,000 containers for four months in a row. “Los Angeles processed more cargo between July and October than we did during our peak year in 2021 or our second-best year in 2022,” Seroka said.

Trinidad and Tobago, on Thursday signed a Memorandum of Understanding (MoU) in the presence of Indian Prime Minister Narendra Modi and Trinidad and Tobago Prime Minister Keith Rowley. This event took place during the 2nd India-CARICOM Summit, which marked the final stage of PM Modi's three-nation tour. Meanwhile, PM Modi also held talks with PM Rowley on the sidelines of the summit. In a post on X, PM Modi mentioned that the two leaders discussed how to diversify trade relations between India and Trinidad and Tobago.

Legislation to create a world-first law banning children under 16 from social media has been introduced in Australia's Parliament

Subscribe to enjoy similar stories. In less than four years the share price of Chegg, an online education service, has dropped by 99%. A post-pandemic slump in digital learning is partly to blame for its tumble.

The exercise is directed at minimising the tax burden in the US, where there is a provision to lower FMV taking into consideration various parameters such as stocks issued at lower prices, legal experts said. Another large fintech, Razorpay, which has sought board approval to move its domicile to India, may see a similar 30-40% cut in fair market value, said a person close to the matter. The final number may differ as the math on the tax outgo will depend on calculations involving the delta between common and preferred stock and total fundraising over the years. Preferred stock or preference shares come with a number of benefits not available to holders of common stock.

Subscribe to enjoy similar stories. State-run Energy Efficiency Services Ltd (EESL) plans to sell its 49% stake in IntelliSmart Infrastructure Pvt. Ltd, its joint venture with National Investment and Infrastructure Fund Ltd (NIIF) for smart metering and digital solutions, two people aware of the development said.

The stakes are high, with speculation about Khamenei's successor and the broader implications for Iran's political landscape. Iranian journalist and analyst Ashkan Safaei Hakimi outlines two main scenarios: one where a new leader attempts to improve relations with the West, likely only creating a perception of reform, and another where political instability leads to a popular uprising and potential regime change. Khamenei has been Iran's supreme leader for nearly three decades, holding immense power over major issues like foreign policy and the nuclear program. Speculation about his health intensified after an October 27 New York Times report suggested his son, Mojtaba Khamenei, might be his successor. Over the weekend, rumors surfaced that Khamenei was in a coma, but Iranian state media countered these claims by publishing a photo of him meeting with Iran's ambassador to Lebanon, Mojtaba Amani.

U.S.-China Economic and Security Review Commission has raised alarms about China's military capabilities, suggesting that the nation poses a significant threat to US interests in the Indo-Pacific region. The comprehensive 793-page document, which draws from both classified and unclassified sources, indicates that China's military might now has the potential to outmatch U.S. forces in a future regional conflict. The report highlights that Beijing's military expansion over the past two decades has focused on developing a formidable arsenal of missiles, ships, aircraft, and advanced systems designed for potential conflicts in the Indo-Pacific. «It warns that, as result, US. forces and bases in the region would face a significant threat from the [People’s Liberation Army] in any regional contingency involving treaty allies and/or security partners, and the outcome of any such conflict is far from certain.» Despite the evident military advancements, the report notes that while China is bolstering its military readiness, it does not currently believe that an armed conflict is imminent. “There is ample evidence that China’s armed forces are enhancing their general military preparedness, but little evidence they are mobilizing for an imminent conflict at this time,” the report states.

We are now on day six of the nationwide mail strike, after year-long negotiations between Canada Post and the Canadian Union of Postal Workers (CUPW) failed last week and 55,000 postal workers hit the picket lines — just ahead of Black Friday and the busy holiday season. Here’s the latest on the ongoing talks and the strike’s impact on Canada Post customers.

The 30-second teaser of «Alien: Earth» shows the antagonist creature Xenomorph. The teaser says «In 2120, Mother Earth is expecting». «Alien: Earth» will be a prequel of Noah Hawley's 'Alien'.

Insolvency and Bankruptcy Board of India (IBBI) has proposed amendments to the Insolvency Resolution Process for Corporate Persons Regulations, 2016 and to make it mandatory to form monitoring committees to oversee implementation of resolution plans under the bankruptcy code. While the current framework under Regulation 38 of the CIRP Regulations provides certain basic recognition to monitoring committees, the proposed amendments aim to make their constitution mandatory for implementation of all resolution plans, the bankruptcy regulator said in a discussion paper. The proposed framework will empower the Committee of Creditors (CoC) to take final decisions on the constitution, composition, and functioning period of the monitoring committee, as part of the resolution plan.