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enemy usually refers to someone who can cause harm in common parlance. However, according to the law enemy means a person or country is an enemy who or which committed external aggression against India. When people born in India decided to leave their property and belongings in India and emigrated to any of the enemy countries as classified by the government, their assets in India were labelled as enemy properties.

carbon credit framework. As international mandates for sustainable supply chains, production, and trade become increasingly prominent, carbon credits play an important role in their implementation.

Subscribe to enjoy similar stories. The Indian stock market has undergone a radical transformation in recent years. With retail investors flooding the markets, a booming IPO landscape, and rising financial literacy, a quiet but powerful enabler has emerged at the heart of this shift—Central Depository Services (India) Ltd (CDSL).

Two Canadian corporate competitors in ongoing conflict over parcel delivery made headlines last week. One involved government-owned Canada Post’s continuing struggle for existence and its failure to reach a labour agreement with 55,000 union workers. The other was Amazon’s decision to shut down its Quebec distribution network and lay off more than 1,900 workers, including 250 newly unionized employees it failed to reach agreement with. There are obvious connections between the two headlines that no one properly acknowledged.

Subscribe to enjoy similar stories. The budget often deals with short-term problems and there are several of those relating to energy that we need to attend to urgently. The biggest is our concern for energy security to make India as much as possible aatmanirbhar to reduce our dependence on imported fossil fuels, much of which we import--85% of oil, 50% of gas and almost 20% of coal.

Subscribe to enjoy similar stories. Insurance companies are looking at government support for the sector through Budget announcements that enhance accessibility, simplify tax benefits, and encourage innovation in insurance products.

UBS won’t be publishing its Q4 2024 results or announcing bonuses for a little while yet, but it seems that its investment bankers didn’t have the best year.

If you're a bank looking for a reason to hire in times of uncertainty, then Berenberg — the German private bank — may this morning have provided you with it. After some heavy hiring, Berenberg has declared a 47% year-on-year increase in profits in 2024, driven by the investment bank.

The Federal Reserve held its key interest rate in check Wednesday, reversing a recent trend of easing policy as it examines what is likely to be a bumpy political and economic landscape ahead. In a widely anticipated move, the central bank's Federal Open Market Committee left unchanged its overnight borrowing rate in a range between 4.25%-4.5%. The decision followed three straight cuts since September 2024 worth a full percentage point and marked the first Fed meeting since frequent Fed critic Donald Trump assumed the presidency last week and almost immediately made known his intentions that he wants the central bank to cut rates. The post-meeting statement dropped a few clues about the reasoning behind the decision to hold rates steady. It offered a somewhat more optimistic view on the labor market while losing a key reference from the December statement that inflation «has made progress toward» the Fed's 2% inflation goal.

ChatGPT Gov, a specialized version of ChatGPT designed to offer U.S. government agencies a new way to access OpenAI's advanced models. In a recent blog post, the company explained that by providing ChatGPT to the government, it seeks to ensure that AI is used in a way that serves the national interest and the public good, aligned with democratic values. The goal is to empower policymakers to responsibly integrate these technologies and improve services for the American people.

Here’s the Bank of Canada’s official statement for its rate decision:

For thousands of Los Angeles-area residents, the past couple of weeks have been a time of hardship and heartbreak. Homes and businesses lost, lives uprooted and an iconic region forever changed. The impact of wildfires is devastating.

“Now that we’re retired, how should we be drawing income from our investments in the most tax effective way that will ensure we can maintain the lifestyle we want throughout retirement?” This is the question Walter*, 68, and Joanne, 67, have been grappling with for the past three years.

Union Budget of India marks an essential juncture in India's quest for a green future. Global energy dynamics are experiencing dramatic changes, offering India's renewable energy sector an incredible opportunity to help combat climate change while simultaneously increasing energy independence. But its success hinges on strategic investments, policy support and creating an ecosystem to facilitate clean energy technologies.

TNPSC Group 2 Mains admit card: The Tamil Nadu Public Service Commission (TNPSC) has issued the hall ticket for the Group 2 Mains examination. Candidates can now access and download their hall tickets from the official websites, www.tnpsc.gov.in and tnpscexams.in.

In a letter to business secretary Jonathan Reynolds on Tuesday (28 January), the AIC urged the government to amend Part 9 of the Companies Act 2006 so that platforms are required to pass on company information and voting rights unless their clients opt out. In addition, the association argued that platforms and providers should implement a periodic requirement that would see their customers reconfirm their preferred opt-out choice, as well as enable any customers who already opted out to opt in on demand. The latest push from the AIC comes on the back of a focus on shareholder voting ...

Subscribe to enjoy similar stories. Several taxpayers who reported making donations to political parties and claimed deductions under Section 80GGC have started receiving messages from the Income Tax department urging them to verify their claims. “This appears to be a soft nudge from the tax department, likely targeting taxpayers who may have claimed deductions for fake donations or made errors in their filings," said Nitesh Buddhadev, a chartered accountant and founder of Nimit Consultancy.

Subscribe to enjoy similar stories. Market volatility remains one of the most challenging aspects of investing. For sophisticated investors and institutions, it can erode capital, disrupt financial planning, and lead to inconsistent returns.

Grant Thornton pre-budget survey, which included responses from over 155 industry stakeholders across sectors, respondents are optimistic about India's economic outlook.