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By Jack Queen

Deepawali, is a significant festival celebrated by Hindus across India. It is a time of great joy and happiness. According to Drik Panchang, Diwali is celebrated on the Amavasya Tithi of the Kartik Month. This year, the Hindu community will celebrate the festival on November 12, 2023. Diwali 2023 dates: The festivities begin with the Amavasya Tithi starting on November 12, 2023, and end on November 13, 2023. Here is the auspicious time for Diwali puja, Lakshmi Pujan Muhurat. Amavasya Tithi Begins — November 12, 2023 — 02:44 PM Amavasya Tithi Ends — November 13, 2023 — 02:56 PM Pradosh Kaal — November 12, 2023 — 05:08 PM to 07:41 PM Vrishabha Kaal — November 12, 2023 — 05:19 PM to 07:19 PM Lakshmi Pujan Muhurat — November 12, 2023 — 05:19 PM to 07:19 PM Diwali 2023: Important Dates and Days

electoral bonds started on Monday amidst assembly elections in five states — Rajasthan, Madhya Pradesh, Chhattisgarh, Telangana and Mizoram. This round of electoral bonds comes in a short interval of about a month after the 28th phase, which opened for sale on October 4. The government approved issuance of the latest round of electoral bonds, days after the Supreme Court reserved its verdict on a batch of petitions challenging the validity of the electoral bonds scheme for funding political parties. On October 31, a five-judge constitution bench comprising Chief Justice D Y Chandrachud and Justices Sanjiv Khanna, B R Gavai, J B Pardiwala and Manoj Misra commenced hearing arguments on the four petitions, including those filed by Congress leader Jaya Thakur, the Communist Party of India (Marxist) and NGO Association for Democratic Reforms (ADR). After the detailed hearing on the matter, the apex court reserved the judgement on November 2. Two days after this, the government issued notification for issuance of latest round electoral bonds. It is to be noted that Mizoram and the first phase of Chhattisgarh assembly polls are to be held on November 7.

assembly elections in five states. The government's decision follows closely behind the campaigning for the assembly elections in Rajasthan, Madhya Pradesh, Chhattisgarh, Telangana, and Mizoram, which are scheduled to take place from November 7 to November 30. The vote counting is set to occur on December 3.

On October 25, 2023, blockchain analytics firm Elliptic released a statement clarifying misconceptions surrounding the extent of cryptocurrency funding received by Hamas. The firm emphasized the absence of substantial evidence supporting claims that Hamas has garnered significant crypto donations. This follows heightened scrutiny on cryptocurrency's role in financing terrorism, especially in the wake of the tragic incidents on October 7, orchestrated by Hamas.

World Bank would temporarily host the fund for the next four years. The United States and several developing countries expressed disappointment in the draft agreement, which will be sent for global leaders to sign at the COP28 climate conference, which begins in Dubai later this month. The US State Department, whose officials joined the negotiations in Abu Dhabi, said in a statement it was “pleased with an agreement being reached” but regretted that the consensus reached among negotiators about donations to the fund being voluntary is not reflected in the final agreement. The agreement lays out basic goals for the fund, including for its planned launch in 2024, and specifies how it will be administered and who will oversee it, including a requirement for developing countries to have a seat on the board, in addition to the World Bank's role. Avinash Persaud, a special envoy to Barbados Prime Minister Mia Mottley on climate finance, said the agreement was “a challenging but critical outcome. It was one of those things where success can be measured in the equality of discomfort.” Persaud negotiated on behalf of Latin America and the Caribbean in the meetings. He said that failure to reach an agreement would have “cast a long shadow over COP.” Mohamed Nasr, the lead negotiator from Egypt, last year’s climate conference host, said, “It falls short on some items, particularly the scale and the sources (of funding), and (an) acknowledgment of cost incurred by developing countries.” The demand for establishing a fund to help poor countries hit hard by climate change has been a focus of U.N.

₹100 crore in 2021-22, showed an analysis of annual reports by impact consulting firm Sattva Consulting. Contrast this with the corporate social responsibility (CSR) spending of India's largest companies: 34 exceeded a budget of ₹100 crore in the same year, and the combined incomes of the top 100 NGOs was 30% less than the combined CSR budget of the top 100 spenders. The study, whose data was exclusively shared with Mint, analysed the incomes of 176 of the largest non-governmental organizations (NGOs) in India in 2019-20, 2020-21 and 2021-22.

FTX exchange, following a month-long trial that pitted the testimony of the former crypto king against that of some of his closest friends. Bankman-Fried was found guilty of seven counts of fraud and conspiracy after jurors in Manhattan deliberated for less than five hours Thursday. He faces as much as 20 years in prison on each of the most serious charges.

The U.S. Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) issued an alert on October 20, 2023, aimed at assisting financial institutions in identifying funding streams that support the terrorist organization Hamas. This move comes after a devastating attack on Israel on October 7, 2023, orchestrated by Hamas, which resulted in significant casualties, including U.S. citizens.

Sam Bankman-Fried was convicted of a massive fraud that led to the collapse of his FTX exchange, following a month-long trial that pitted the testimony of the former crypto king against that of some of his closest friends.

Sam Bankman-Fried was convicted on Thursday on fraud and conspiracy charges related to the collapse of FTX, the bankrupt cryptocurrency exchange he founded and led. The 31-year-old former billionaire has pleaded not guilty. Below is an explanation of the seven charges he faced, all of which he was convicted of.

₹10 million. They can be bought by individuals or companies via cheques or digital payments from the State Bank of India. The buyer can donate the bonds to any political party that has received at least 1% of the vote share in the previous Lok Sabha or a state assembly elections.

By Luc Cohen and Jody Godoy

Charlize Theron remembers the moment her role in philanthropy clicked into place

₹5 crore or more to charity expanded to a record 119 individuals in 2022-23, but their average donation size has halved from the pandemic-era peak, according to the latest EdelGive Hurun India Philanthropy list released on Thursday. In FY22, 108 individuals made it to the list. The list has grown consistently over the past seven years, from just 27 entrants in 2016-17.

Most of us only think about our taxes come tax season, which is typically the two months leading up to the April 30 annual filing deadline, but it’s really the last two months of the calendar year when taxpayers should be paying attention.

₹5 crore or more to charity expanded to a record 119 individuals in 2022-23, but their average donation size has halved from the pandemic-era peak, showed the latest EdelGive Hurun India Philanthropy list released on Thursday. In 2021-22, a total 108 individuals had made it to the list. The list has grown consistently over the past seven years, from having just 27 individuals in 2016-17.

HCL Tech founder Shiv Nadar retained his position of most generous Indian for the third year in a row on the EdelGive Hurun India Philanthropy List 2023 by giving away Rs 2042 crore, or Rs 5.6 crore a day. Wipro’s Azim Premji came next, with an annual donation of Rs 1,774 crore. Nadar’s donation, 76% higher than a year ago, came to more than the amount donated by the rest of the philanthropists in the top 10, barring Premji. Mukesh Ambani was third on the list, with donations amounting to Rs 376 crore, a fall of 8% from a year ago. Seven women made it to the list, with philanthropist Rohini Nilekani donating the most at Rs 170 crore. Indian philanthropists seem to be giving more than ever before – in the 2023 list, 119 philanthropists contributed Rs 8445 crore, a jump of close to 60% from a year ago, and a 200% surge from three years ago. Fourteen Indians donated over Rs 100 crore according to the 2023 list, from 2 in 2018 while the number of Indians who donated over Rs 50 crore doubled from 2019, at 24. “This is a record year for big philanthropy… Given India’s potential for wealth creation and assuming a continued commitment to philanthropy by billionaires, I anticipate these figures to double over the next five years,” Hurun India MD and chief researcher Anas Rahman Junaid said in a statement.

₹2,042 crore during the fiscal year 2022-23, as per EdelGive Hurun India Philanthropy List 2023. The report notes that Shiv Nadar donated an average of ₹5.6 crore per day. The list includes the names of 119 Indians including Wipro's Azim Premji, Zerodha co-founder Nikhil Kamath, etc.

In light of the recent terrorist attack in Israel orchestrated by Hamas, Chainalysis, a blockchain analysis company, addresses the misconceptions surrounding cryptocurrency's role in terrorism financing in a blog post dated October 18, 2023. The analysis reveals that terrorism financing represents a minuscule portion of the already marginal illicit cryptocurrency transaction volume. While terrorist groups do utilize cryptocurrencies, they predominantly rely on traditional fiat-based financing channels like financial institutions, hawalas, and shell companies.

Elon Musk is now offering Meta owner Mark Zuckerberg $1 billion to change the name of Facebook. The billionaire was responding to a post by parody news site BabylonBee, which quoted Musk as offering Zuckerberg $1 billion to change Facebook's name. While essentially confirming the offer, Musk noted, “It would be a much better name!" Notably, this is not the first time hostilities between the two tech giants have flared, with news of an impending Zuckerberg vs.