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CKYC). Two of such measures are- masking KYC identifier details (PAN, Aadhaar, voter ID card, driving license etc) and unique IP address based authorised access. Earlier all your details were viewed and searched by any intermediary. Now these practices are starting to end as the government proposal of masking all KYC identifiers. However, the industry players-banks, financial institutions essentially Regulated Entities (REs) voiced concerns about the government being very fast in implementing these measures and hence requested a deadline extension. The Central Know Your Customer (CKYC) has listened to REs’ request and has extended the deadline for masking of KYC identifier documents from December 16, 2024, to January 20, 2024.

Besides a so-called «step change» in tackling illegal working with new technology for frontline border officers, the Home Office will also introduce an Immigration White Paper next year to set out further details of its plan to reduce legal migration. ALSO READ: Indians have highest concentration of professionals in UK: Report

Guideline Geo to set up a world-class Centre in India for geophysical exploration with state-of-the-art instruments services, and applications to support the industrial and startup ecosystem. With increasing worldwide development, the demand for minerals is rising. In this context, “ninerals” can refer to different rock types and sediments but more likely commodities such as gold, copper, iron, etc. Mineral exploration can be challenging, with large areas to cover, sometimes in very rough terrain, and complicated geological structures hiding the minerals we want to mine. This means that the chosen investigation technique should be able to address these issues. This can only be achieved by accelerating the advanced practices in geophysical exploration techniques, offering a non-destructive and cost-efficient way of gaining a better understanding of the sub-surface conditions.

Kia revealed its new compact SUV, Syros, in the Indian market on Thursday. The car is the second sub-compact SUV after Sonet by Kia in India. The model will go on sale in 2025. The price for the new vehicle will be announced in January at the Bharat Mobility Show. The company will start accepting bookings from January 3, 2025, and the deliveries will begin from February 2025.

RG Kar hospital moved the Calcutta High Court on Thursday, seeking a fresh investigation into the crime. Expressing a lack of confidence in the ongoing probe into the incident that led to huge protests, they prayed for a direction for a fresh investigation into the rape and murder of their daughter. Justice Tirthankar Ghosh asked their lawyer to add the CBI, which is probing the case, as a party in the petition and mention the matter again before the court on Monday. The on-duty postgraduate trainee doctor's body was found in the seminar room of the RG Kar Medical College and Hospital on August 9.

SandboxAQ said on Wednesday it has raised more than $300 million in funding, valuing the startup spun off from Alphabet at $5.6 billion, as it aims to fast-track the development of advanced artificial intelligence systems for computation. The new funding, from investors including New York-based investment firm Fred Alger Management, T. Rowe Price, and Breyer Capital, will be used to accelerate the development of its large quantitative models (LQMs) and other AI applications in industries from healthcare to finance. This follows a $500 million fundraising last year to build its quantum computing platform to serve business customers.

Nestle India on Thursday said the suspension of the MFN (most favoured nation) clause granted to India by Switzerland will have 'no impact' on the company. The suspension of MFN status under the Double Taxation Avoidance Agreement (DTAA) is a policy issue between the government of India and Switzerland and is not 'Nestle-specific', the FMCG firm said in a statement. Nestle India, which owns popular brands such as Maggi, Nescafe and KitKat, said the company was already «deducting 10 per cent withholding tax» on cross-country payments. Earlier on December 11, the Swiss government had announced the suspension of the MFN status granted to India following a ruling by the Supreme Court of India, which in a judgement last year had said MFN status under the DTAA cannot be enforced unless notified under Section 90 of the Income Tax Act.

Subscribe to enjoy similar stories. It's not every day that you get to see or interact in person with Bollywood superstar andKaun Banega Crorepati anchor Amitabh Bachchan. But if you visit the Juhu branch of IDFC FIRST Bank in Mumbai, you can engage with an artificial intelligence (AI)-powered holographic avatar of the veteran actor, who is the bank's brand ambassador.

Air India on Thursday placed an order for 34 trainer aircraft as it prepares to start training of cadet pilots at South Asia’s largest Flying Training Organisation (FTO) coming up in Amravati, Maharashtra by the second half of 2025, post regulatory approvals. The order includes 31 single-engine aircraft from Piper Aircraft in the United States and 3 twin-engine aircraft from Diamond Aircraft in Austria. ALSO READ: Air India announces special discounts & benefits for students; check details

FAAD Capital, a SEBI-registered Category 1 Angel Fund headquartered in Gurugram, on Thursday, announced the launch of its investor network in Dubai, marking the fund’s first international expansion. With this milestone underscores FAAD, aims to support global collaboration and engaging with Non-Resident Indians (NRIs) and local investors to drive investments into Indian startups. The inaugural Dubai edition of the FAAD Network Investor Meet was held at the Shangri-La Hotel, and participation from over 100 investors was seen.

TDSAT) has refused to grant a stay to broadcasters challenging the Telecom Regulatory Authority of India’s (TRAI) July 8 tariff regulation concerning pay channels on DD Free Dish. The tribunal has directed broadcasters to comply with the regulation by publishing a new Reference Interconnect Offer (RIO) within two weeks. The Indian Broadcasting and Digital Foundation (IBDF) approached TDSAT after the Supreme Court directed it to challenge the recent amendments to broadcast tariff regulations. Earlier, the Kerala High Court had dismissed IBDF’s petition, stating that TDSAT was the appropriate forum for the matter. The contentious regulation requires broadcasters to either make channels free across private distribution platforms if they are free on DD Free Dish or withdraw them from DD Free Dish to retain their pay channel status.

SanchiConnect, a deeptech accelerator, in partnership with YourNest Venture Capital, on Thursday, announced an investment of Rs 48 crore for its DeepTech accelerator programme- Velocity Accelerator Program. The seven-month-long program has received 1,280 applications from 23 states and six Union Territories. Out of these, eight startups were selected for their disruptive potential across various sectors such as manufacturing, logistics, agriculture, healthcare, enterprise solutions, and artificial intelligence. The eight selected startups include Induz- which leverages AI tools to automate and unify large-scale enterprise data; LeanWorx which offers cloud-based productivity monitoring systems for the manufacturing sector; Think Metal has developed a compact, cost-effective 3D metal printer that delivers 10x faster production at half the cost; Presage Insights uses advanced AI for predictive analytics to improve decision-making across industries; Superfone is an app-based business phone number platform for SMBs, integrating telephony with business software; and CargoFL which employs AI-powered logistics solutions to optimise supply chains and improve operational efficiency.

Comprehensive Ranking System (CRS) for having an LMIA-based job offer, as per a CIC News report. Prior to this change, Express Entry candidates could receive an additional 50 or 200 CRS points for having an LMIA-based job offer. An additional 50 points can easily make the difference between a candidate receiving an invitation to apply (ITA) for permanent residency, or not being invited at all. Immigration Minister Marc Miller announced the change on Tuesday, December 17, in a televised interview.

China Sea to Himalayan frontiers, Beijing’s methodical approach has left neighbouring countries scrambling to respond. China shares its border with more than a dozen countries and it has had border disputes with at least six of them over the past few years. On its border disputes with its neighbors, China has mostly gone unchallenged, gradually pushing its salami-slicing strategy forward. But 2024 was a turning point: India was the first country in past few decades to decisively stop China in its tracks and refuse to yield to its tried-and-tested game. India’s resistance proved to be a firm message that China’s expansionist ambitions can't always go unchecked.

The report attributed this to a shift in the U.S. Federal Reserve's stance on rate cuts, which has reshaped global monetary policy expectations. The report noted that the Federal Reserve's decision to pause rate hikes was not unexpected, as markets had already anticipated a shallower rate cut cycle. The Fed aligns with market projections of two rate cuts in 2025 and two more in 2026, compared to its September guidance of four cuts in 2025 alone.

influencer Andrew Tate and his brother Tristan over unpaid taxes. As reported by Reuters, the ruling from Westminster Magistrates’ Court follows allegations that the Tates failed to pay taxes on £21 million in revenue generated from their online businesses between 2014 and 2022. Judge Paul Goldspring found evidence of deliberate tax evasion, marking a critical escalation in the brothers' legal troubles across multiple jurisdictions.

Rahul Gandhi. Singh claimed that he was standing on stairs when another member of Parliament fell on him, leading to an injury on his head. Reacting to this, Congress leader Rahul Gandhi, in his defence, said that he was trying to get inside the Parliament when he was also pushed and threatened by the BJP MPs who were protesting near the entrance. He also alleged that Congress chief Mallikarjun Kharge was also pushed. «This might be on your camera. I was trying to go inside through the Parliament entrance, but BJP MPs were trying to stop me, push me and threaten me. This has happened...Yes, this has happened (Mallikarjun Kharge being pushed). But we do not get affected by jostling. But this is the entrance and we have the right to go in. BJP MPs were trying to stop us from going in...» Gandhi told reporters.

Diageo is rolling out multiple initiatives to drive diversity and inclusion in India, says Caroline Rhodes, global HR director — learning and inclusion at the London-headquartered alcohol beverages company. On a recent visit to India, she talked to ET’s Brinda Sarkar about Diageo’s outlook towards inclusion and diversity, employee well-being and how critical India is in the context of global operations. Edited Excerpts: What are your growth plans for India? India is such a critical part of our business. We’re at about 1,400-odd corporate employees (in India), and an equal or so number in our manufacturing units across the country. Our product portfolio here is interesting because it’s not just the Diageo products we sell including Johnnie Walker, Tanqueray, Gordon’s, and Baileys, but also a large part of the United Spirits portfolio that we inherited. McDowell’s is the largest selling whiskey in the world, and with Royal Challenge there is the affiliation to the RCB men’s and women’s cricket teams.

Earlier a Supreme Court bench of the then CJI Justice Gogoi and Justice R Banumathi gave a split verdict. Justice Banumathi opined that coconut oil packed in small containers are to be classified as hair oil while Justice Gogoi believed small packages of coconut oil were food. The current three-judge panel clarified the matter. Chief Justice Sanjiv Khanna, Justice Sanjay Kumar, and Justice R Mahadevan stated that coconut oil meeting food safety standards is edible oil. If it meets cosmetic standards, it's hair oil. The branding will determine the classification.

Genesis and have resolved a $16 million dispute. Under the settlement, SpiceJet will pay Genesis $6 million and Genesis will acquire $4 million in SpiceJet equity at a price of Rs 100 per share. The agreement will result in a significant saving for the airline as it navigates a path toward long-term growth.

Admiral Dinesh K Tripathi hosted a deck reception onboard Indian Navy's indigenous guided missile destroyer, INS Mysore in Jakarta during his four-day official visit to Indonesia. The details of the event were shared on X by the Spokesperson of the Indian Navy. «Adm Dinesh K Tripathi, #CNS, hosted a deck reception onboard #IndianNavy's indigenous guided missile destroyer #INSMysore at Jakarta, fostering cultural exchange, friendship & camaraderie between #India & #Indonesia.»