Social Financial News
04.12 / 12:03
Provident
Reuters
Citizens
CRA
country
social
reports
Foreign pension counts towards your income, but taxpayer finds out there's another catch
We pay tax not only on our Canadian-source employment, business or investment income, but on our total worldwide income, including foreign income, such as a foreign pension, which must first be converted to Canadian dollars before it’s reported on our returns annually.
04.12 / 11:33
economy
show
country
social
consequences
week
‘Learn to toughen up’: OpenAI investor Vinod Khosla's stern take on Narayana Murthy's 70 hour work week comment
Vinod Khosla, the first investor in OpenAI and co-founder of Sun Microsystems, has now weighed in on Narayan Murthy's controversial comments urging young people to work 70 hours a week to boost India's labour productivity. In a Q&A session, Khosla noted that people who felt offended by Murthy's comments "need mental therapy" and urged them to "learn to toughen up". Also Read: Want Sam Altman back at OpenAI, will back his next venture, says Vinod Khosla In reply to a post on X (formerly Twitter), Khosla wrote, "For people who "felt attacked" by this they need mental health therapy.
04.12 / 11:09
Target
Digital
Aware
Strategy
social
consequences
information
Here's why so many people are losing money in online scams
digital fraud news. Individuals, both young professionals and retirees, are falling victim to cybercriminals, losing significant sums of money. The promise of quick financial gains has lured many into the web of deception.
04.12 / 11:09
Blockchain
Ethereum
social
reports
guidelines
Want India to lead protocol development in Web3, says Polygon’s Sandeep Nailwal
Polygon cofounder Sandeep Nailwal on Monday said he wants Indian developers in the Web3 space globally to spearhead protocol development. «I want Indian developers to be at the forefront of protocol development. If we want to attract the best and brightest of Indian talent into Web3, we need to improve education on a protocol level,» Nailwal said, speaking at the Build for Web3 Summit in Bengaluru.
04.12 / 10:29
Provident
Strategy
Highways
Death
social
reports
prevention
Cashless medical treatment for road accident victims in 3-4 months: Road Secretary
Ministry of Roads Transport and Highways (MoRTH) plans to introduce cashless medical treatment to all injured road accident victims across the nation within the next three to four months, road secretary Anurag Jain said. “The free and cashless medical treatment to accident injured victims is part of the amended Motor vehicle Act 2019 (MVA, 2019). Some states have implemented it but now the ministry of roads in league with the ministry of health and family welfare will be fully implementing it across the nation,” he said on Monday. “Such cashless treatment shall be extended to road accident victims including during golden hour, as defined by the MV Amendment Act,” Jain said while inaugurating a three-day “Global Road Safety Initiative” being organised by the Institute of Road Traffic Education (IRTE) in partnership with the road ministry, United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP) and the United Nations Economic Commission for Europe (UNECE). Golden Hour is the one hour lasting an hour following a traumatic injury during which there is the highest likelihood of preventing death by providing prompt medical care. According to Jain, India has the highest number of road accident deaths in the world.
04.12 / 10:29
Google
performer
social
reports
MediaTek's vision: AI-powered chips hinted with image manipulation and personalized suggestion
MediaTek's Chief Financial Officer, hinted at the possibility of image manipulation capabilities in the company's upcoming AI chips, similar to those found in Google Pixel devices. While specific details remain undisclosed, a CNET report suggests potential features such as the ability to remove unwanted objects from images, similar to Google's Magic Eraser. Additionally, the AI chips could facilitate personalized suggestions, allowing smartphones to automatically generate captions for social media photos.
04.12 / 10:29
Airlines
social
Department
evacuation
Cyclone Michaung: Chennai airport closes operations till 11:30 PM amid intense rain, airlines issue advisory
Cyclone Michaung: The severe cyclonic storm Michaung is causing intense rains in Chennai with daily life thrown out of the gear due to the heavy downpour. Amid the strong winds and intense spell of rain, the administration has decided to keep the Chennai airport closed till 11:30 PM on Monday. Cyclone Michaung also led to disruption of several flights with 10 flights being cancelled while 20 flights being delayed due to heavy rains since midnight.
04.12 / 09:25
Citi
Target
CEO
Strategy
economy
country
social
Govt to run pilot for growth hubs programme in four cities: MoS Rao Inderjit Singh
Varanasi, Surat and Visakhapatnam for running its pilot project under the Growth Hubs programme, minister of state for planning Rao Inderjit Singh said in response to a question in Rajya Sabha on Monday. “The Growth Hubs programme is an initiative to develop city regions in a planned manner in order to achieve the economic target of making India a $30 trillion economy by 2047 under its Viksit Bharat plan,” he said. “The Growth Hubs programme aims to develop a template for devising economic growth strategy for identified city regions across the country and prepare a roadmap for achieving the same which inter alia includes identification of key growth drivers, enablers and interventions,” he added. According to the minister, the city regions have been defined as a group of districts which are economically and socially adjacent, related, or co-dependent and the cities have been selected based on the criteria of geographic spread, size and scale. “Given the scale of the project, an institutional mechanism has been put in place wherein a National Steering committee chaired by CEO, NITI Aayog has been set-up involving officials from ministry of housing and urban affairs (MoHUA) and domain experts,” he said. “In addition, each state (Andhra Pradesh, Gujarat, Maharashtra and Uttar Pradesh) has constituted a steering committee for strategic interventions and overall monitoring under the chairmanship of chief secretary,” he said, adding that states have also constituted designated cells for operational matters. “A statement of intent has been signed by NITI Aayog with Institute of Sustainability, Employment and Growth ( ISEG ) Foundation and World Resources Institute (WRI) India for the project,” he said. Commenting on the
04.12 / 09:25
Citi
Reuters
Waters
Platform
social
Department
evacuation
Cyclone Michaung: Chennai airport shuts operations till 11 pm
Chennai airport on Monday announced that it has shut its operations till 11 pm ahead of Cyclone Michaung that is expected to make landfall in the next 24 hours, causing torrential rains. "Airfield closed for arrival and departure operations till 2300 hrs IST today due to severe weather conditions," said Chennai airport on social media platform X. 33 flights have been diverted from Chennai to Bengaluru at the airport due to heavy rain and strong wind since midnight. The heavy rain has led to severe waterlogging across the city and other parts of the state.
04.12 / 08:40
Twitter
Platform
Comcast
show
audience
social
reports
Walmart latest big advertiser to pull out of X amid growing concerns over hate speech
Walmart is the latest company to publicly join the growing flock of major advertisers to pull spending from X, Elon Musk’s beleaguered social media company, amid concerns about hate speech — as well as reaching a sizeable audience on the platform
04.12 / 08:39
Citi
Provident
Bill
Experts
country
social
prevention
Lacking counselors, US schools turn to the booming business of online therapy
As schools across the U.S. grapple with the student mental health crisis, the use of telehealth therapy for students has skyrocketed
04.12 / 08:39
Cooper
Action
economy
country
social
information
Department
US joins in other nations in swearing off coal power to clean the climate
The United States is now committed to the idea of phasing out coal power plants, joining 56 other nations in kicking the coal habit
04.12 / 07:29
Digital
country
social
electronic
Piyush Goyal takes jibe at Rahul Gandhi with 'moye moye..,' says ‘prediction came true...’
Rahul Gandhi following Congress' defeat in 3 of the four states whose election results were declared yesterday. 'Rahul Gandhi’s future prediction came true,' he stated in a sarcastic social media post on X stated in Hindi along with an edited clip where Gandhi is seen saying Rajasthan me bhi sarkar ja rahi h, Chhattisgarh me bhi sarkar ja rahi h.' The words ‘moye moye…’ play in the background that have recently emerged as a viral sensation that mean ‘nightmare’ in Serbian language. The Serbian sing gained traction on ‘Tik Tok’.
04.12 / 07:15
04.12 / 06:55
Manufacturing
Apple
country
social
electronic
information
reports
Japan's TDK Corp to manufacture iPhone battery cells in India - minister
BENGALURU (Reuters) — Japanese electronic parts maker TDK (OTC:TTDKY) Corp will manufacture lithium ion (li-ion) battery cells for Apple (NASDAQ:AAPL) iPhones in India, a minister said on Monday.
04.12 / 02:57
Citi
Target
Cooper
Progressive
Action
Parke
social
A strong social capital is a prerequisite for cohesive climate action
I am likely to get into trouble with many of my friends for saying this, but I think the world is making extraordinary progress towards addressing climate change. It might not be fast enough to achieve emissions and temperature targets that follow from the IPCC’s studies, but in the past 15 years, we have seen first a scientific consensus and then a global political consensus on the problem definition, followed by convergence on approaches and firm international agreements on targets and timelines. Climate activists remain unsatisfied, but for students of international relations, this kind of progress is unprecedented, not least at a time when the world lacks a stable order, technological change is causing social upheavals everywhere and hundreds of millions of people around the world have entered the middle class.
03.12 / 19:59
show
social
testing
2024
2024 Lok Sabha polls: BJP virtually triumphs over caste politics
Madhya Pradesh, Rajasthan and Chhattisgarh, the BJP seems to have virtually triumphed over the politics of caste ahead of the 2024 Lok Sabha polls. The BJP’s experiment with the welfare of “Yuva, Mahila, Kisan and Garib” has paid its political dividends in the three states of the Hindi heartland. And the road ahead for the party now looks easy with its continuous attempts to bring various castes under an umbrella of “class politics”, with the help of the welfare schemes launched by the Modi government. While recently interacting with beneficiaries of the schemes at the Viksit Bharat Sankalp Yatra, Prime Minister Narendra Modi highlighted the combination of four — “Youth, Women, Farmers and Poor” — as “the biggest castes”. Although the Congress remains a major political player in these three states, the poll results brought disappointment in the entire opposition camp, which has been pushing for caste census ahead of the 2024 LS polls.
03.12 / 18:57
Provident
Gap
Align
Highways
social
Department
recommendations
Planning group saves ₹15 crore per km in construction of highways
Gati Shakti initiative for logistics efficiency reckons it can save up to ₹15 crore per km for projects run by the National Highway Authority of India (NHAI). The estimated savings are due to a reduction in the length of roads by integrating various expressway corridors after modifications of alignment for NHAI projects, said Sumita Dawra, who is leading the NPG as special secretary, department for promotion of industry and internal trade.
03.12 / 18:57
FIVE
social
Department
Piramal Group to fund facility for mid-level govt exec training
JAIPUR : The Piramal Group will set up the Piramal School of Leadership at Jaipur in Rajasthan with an aim to train mid-management executives of key departments of states as well as the Centre. The Piramal Foundation, the group’s philanthropic arm will fund the construction of the institution. On Saturday, the foundation stone for the institute was laid, and construction is slated to start shortly.
03.12 / 18:57
Waters
pandemic
track
social
reports
Department
recommendations
2024
Central schemes unlikely to be revamped before 2024 polls
general elections, two people with direct knowledge of the matter said. However, the Centre could take a relook at some of these schemes, especially the ones started during the pandemic, for further rationalization in the next budget, these people added.
03.12 / 18:13
Booking
Celebrity
show
social
'Missed the mark': KTR trolls himself as humour, digs galore online over poll results
assembly polls throwing up quite a few surprises, the funny side of leaders and social media users was on display as digs and pot shots galore online. Outgoing Telangana Chief Minister K Chandrashekar Rao's son KT Rama Rao took a dig at himself as he shared his day-old X post after his party BRS lost to the Congress in the state elections.
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