Information Financial News

Here are a few financial tips on how NRIs can make informed decisions and seamlessly integrate into the Indian financial system. What to consider upon returning to India as an NRI? When you journey back to India, a few important financial steps await your attention -

The Indian government introduced the new tax regime in 2020, offering taxpayers a choice between the old and new tax structure. This move sparked a debate amongst taxpayers about which regime is more beneficial for them. With the new financial year 2023-24 around the corner, it is essential to understand the key differences between the new and old regime and make an informed decision.

There is a strong possibility that the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) will maintain a hawkish position on the repo rate in December 2023. The existing fixed repo rate of 6.5 per cent in India has resulted in a standstill in home loan rates, posing a dilemma for numerous borrowers regarding whether to prepay their loans or persist with their investment strategies.

The Federal Trade Commission is investigating Chevron’s acquisition of Hess oil company, the second inquiry the independent agency has opened this week of a major oil industry merger

Following the news that Binance, the biggest cryptocurrency exchange in the world in terms of volume, made about the delisting of the Tornado Cash (TORN) token, the value of the token witnessed a significant decline over time. It is important to note that the market value of TORN, which is the governing token for the cryptocurrency mixing protocol Tornado Cash, has seen a dramatic decline of more than fifty percent.

Jump Crypto Holdings has been allowed to submit papers in a secret manner, which is a key milestone in the litigation that the Securities and Exchange Commission (SEC) is pursuing against Terraform Labs and its creator, Do Kwon. In the current legal procedures, this action, which was approved by Federal Judge Jed Rakoff, represents a significant turning point throughout the proceedings. Considering the sensitivity and complexity of the matter, the papers in issue have been submitted to the United States District Court for the Southern District of New York as part of the discovery process. These materials will be processed in a private manner with the intention of protecting their confidentiality.

The Financial Stability Board (FSB) report, along with other sources, offers significant insights into the impact of multifunction crypto-asset intermediaries (MCIs) and key market events, such as the collapse of FTX in November 2022 and the crypto-asset market turmoil in May/June 2022. These events have underscored the crucial role and potential risks posed by MCIs in the crypto-asset markets.

₹2 crores, news agency ANI has reported. As per the report, incident happened on 8 December and has been sent to 14 days of Judicial Custody. As per The Free Press Journal report, the woman was to get an amount of ₹50,000 for delivering the heroin.

Maldives has reported contamination in Pakistsyrups and suspension medicines, Dawn reported. The report prompted the World Health Organisation (WHO) to issue an alert urging countries to step up vigilance and test products manufactured by a Lahore-based pharmaceutical company, according to Dawn.

India Meteorological Department issued a fog alert in isolated areas over five states on December 10 and 11. As per an IMD statement, dense fog during the morning hours is very likely in isolated pockets over north Madhya Pradesh, Sub-Himalayan West Bengal, Sikkim, Assam and Meghalaya on December 10 and 11. IMD further forecasted that a fresh feeble Western disturbance is likely to affect the Western Himalayan Region from December 11. Hailstorms are also likely in isolated places over Sub-Himalayan West Bengal and Sikkim on December 12, the IMD statement mentioned. Also, the weather department has informed that the cyclonic circulation Michaung that ravaged the states of Tamil Nadu and Andhra Pradesh in the last few days has now weakened and converted into a low-pressure area in Jharkhand. «The cyclonic circulation Michaung has weakened and converted into a low-pressure area in Jharkhand causing light to moderate rainfall across the state in short spells,» AE Kujur, a meteorologist from India Meteorological Department (IMD) Ranchi said.

Israel Defence Forces (IDF) on Sunday accused Hamas terrorists of beating civilians and stealing the humanitarian aid that Gaza received from international organisations. The IDF stated that Hamas puts its terrorist goals over the needs of Gaza residents. IDF shared a video on X that showed people getting beaten by some individuals. In the video, some individuals also placed some material in the vehicle.

Matthew McConaughey is set to star in a new sci-fi game, Exodus, developed by Archetype Entertainment, a team of former BioWare developers. BioWare is known for the Mass Effect series, and now, they aim to deliver a fresh adventure with Exodus.

Directorate General of Civil Aviation (DGCA) plans to come out with a framework early next year on what could be done to address gender issues, a top official said on Saturday. Speaking at an event here, DGCA chief Vikram Dev Dutt said the issue of gender has been debated at the regulator informally.

Indian Ocean region, the backyard of India, had held the second meeting of CIORF, under the aegis of the China International Development Cooperation Agency (CIDCA), an organisation that is part of the ruling Communist Party of China (CPC) Leadership Group on December 7 and 8 at Kunming in southern China. CIDCA is headed by Luo Zhaohui, former Vice Foreign Minister and Ambassador to India.

Regional political parties in Kashmir have alleged that their workers are being told by the police and security agencies not to step out of home on Monday and their permissions for gatherings have been cancelled in view of the Supreme Court verdict on Article 370. Former Jammu and Kashmir chief minister Omar Abdullah on Saturday said the authorities have cancelled permission for his programme in Sangrama area on Monday and that his colleagues have been informed that they will not be allowed to move out of their homes on that day.

psycho-thrillers, getting walked by my dog, sandblasting the walls with music, and plying myself with mead, not necessarily in that order. Any information, granular or chunky, on the election results in the three states that go under the sobriquet 'Hindi heartland' (minus the left ventricle of UP) and in that other one, worth ruminating — the name of the process of chewing cud, where cattle swallow food fast and store it in their stomach, to bring this food back later to their mouth and chew on it again — I gathered all that in the evening when the results became actually clear, and the next morning, when the newspapers laid things out in a more digestible form than the non-stop pea soup projectile vomit on TV inspired by The Exorcist the earlier day. Following election results, like watching the hour hand move, is just not my thing. (I've peeked during satsangs.) But I do understand the allure of psephological psychodependancy.

Yogi Balaknath — met party leadership over the week. While "resort" politics — allegedly led by Raje's son Dushyant Singh — unfolded, Balaknath said in a recent tweet that he is "yet to gain experience under the guidance of the Prime Minister". ALSO READ: Who is the chief minister? Rajasthan, Madhya Pradesh, Chhattisgarh, Telangana and Mizoram: What we know so far With his name doing the rounds for the post of the next chief minister of Rajasthan, Baba Balaknath wrote on X on Saturday, “...Ignore the discussions going on in the media and social media after the election results are out.

It’s the cusp of winter in the Northern Hemisphere, but in many places from North America to Japan, it feels more like spring — and forecasters say that’s a sign of what to expect over the next couple of months, until a late-season cold snap arrives.

FINTRAC is Canada’s primary financial intelligence unit, reporting to the minister of finance. It is also the country’ anti-money laundering and anti-terrorist financing supervisor. Based in Ottawa, with three regional offices across the country, its mandate is to ensure the compliance of businesses subject to the Proceeds of Crime (Money Laundering) and Terrorist Financing Actand associated regulations. FINTRAC also collects financial intelligence for police, law enforcement and national security agencies to assist in the investigation of money laundering and terrorist activity financing offences or threats to the security of Canada. It can impose administrative financial penalties, as it did with the two banks, or make a non-compliance disclosure to law enforcement. “Proceeding in one manner prevents proceeding in the other,” according to FINTRAC’s website.

teen drama, Euphoria, is poised to make a triumphant return with its much-anticipated third season. Known for its raw and at times confronting portrayal of teenage life and addiction, the series has garnered immense popularity, thanks to the stellar performances of its lead actors, notably Zendaya. As the fans eagerly await the forthcoming installment, here's an exploration of everything known so far about Euphoria Season 3.

Uttar Pradesh, the Centre has said in the Lok Sabha. In a written response to a question this week, Minister of State for Rural Development Sadhvi Niranjan Jyoti shared data on fake job cards. The data showed 7,43,457 fake job cards were deleted in 2022-23 and 3,06,944 in 2021-22.