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IndiaTV Business: Google News Feed: Digest for March 16, 2023

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After shutting down two banks in last week, New York regulators shut down another significant one in the crypto industry, the Signature Bank. US Treasury Secretary Janet Yellen, Federal Reserve Board Chair Jerome Powell and Federal Deposit Insurance Corporation (FDIC) Chairman Martin Gruenberg said in a joint statement that all depositors of Signature Bank 'will be made whole'.
Sensex tumbled over 900 points on Monday to settle at 58,237.85 due to a massive sell-off in banking, finance and auto stocks as markets across the world continue to face the consequences of the Silicon Valley Bank collapse. Nifty too declined 258.60 points to settle at 17,154.30 points.
According to government data, released on Monday, the retail inflation decreased marginally to 6.44 per cent in February, mainly due to a slight easing in prices of food and fuel items. 
Banks and traders in India have been asked to avoid payment settlements for Russian imports in the Chinese yuan till the time ties between India and China improve.
Parliament Budget Session: The second leg of the Budget session of Parliament began on Monday (March 13) and will continue till April 6. The BJP-Congress slugfest escalated on the first day of the second leg of the Budget Session with the BJP MPs seeking an apology from Gandhi and counter-slogans from the Opposition benches demanding a Joint Parliamentary Committee (JPC) probe into the Adani-Hindenburg issue. After obituary references in the House, Defence Minister and Deputy Leader of the Lok Sabha Rajnath Singh stood up and charged that Gandhi has tried to defame India in London through his remarks on Indian democracy. The Opposition Congress protested strongly too and came to the well of the House. Meanwhile, the focus of the second part of the Budget Session will be on demand for grants and passage of the Union Budget. As per the records, about 26 Bills are currently pending in the Rajya Sabha and close to 9 in the Lok Sabha for passage. Two Bills - The Multi-State Co-operative Societies (Amendment) Bill, 2022 and The Jan Vishwas (Amendment of Provisions) Bill, 2022 were referred to a Joint Committee by the government last Winter Session and they are currently being examined by the panel. The government will also list The Biological Diversity (Amendment) Bill, 2021, which was scrutinised by a Joint Committee of Parliament. 
Ki Young Ju, the CEO and co-founder of CryptoQuant, has tweeted that there will be a massive $1 billion worth of buying pressure on Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB). Ju's announcement was based on a tweet by Binance, the leading cryptocurrency exchange in daily trading volume, which stated that it would convert the remaining $1 billion Industry Recovery Initiative funds from BUSD to native cryptos including BTC, BNB, and ETH.
The Union Territory of Jammu and Kashmir has been allocated a budget of ₹1.18 lakh crore for the year 2023-24, with a focus on providing housing in rural areas and water tap connections to 18.36 lakh households. Finance Minister Nirmala Sitharaman presented the budget on Monday in the Lok Sabha, while Union Minister of State for Finance Pankaj Chaudhary tabled it for the Union territory of Jammu and Kashmir.
A report from Challenger, Gray & Christmas, a firm that provides outplacement services to executives, reveals that in the past two months, a number of companies in the United States have cut jobs due to concerns over a global recession, resulting in more than 180,000 employees losing their jobs. In January, US companies cut 1,02,943 jobs, while 77,770 staff cuts were made in February. Among them, technology companies cut 21,387 jobs in February, accounting for 28% of all cuts.

Gold prices skyrocket in India on Tuesday

Tuesday 14 March 2023 11:38 AM UTC+00
Gold prices today: The gold market in India has seen a significant surge in prices in the last 24 hours. As of Tuesday, 14th March, the cost of 24 carat gold (10 grams) has risen to Rs 57,220, while 22 carat gold (10 grams) is priced at Rs 52,450.
After shutting down two banks in last week, New York regulators shut down another significant one in the crypto industry, the Signature Bank. US Treasury Secretary Janet Yellen, Federal Reserve Board Chair Jerome Powell and Federal Deposit Insurance Corporation (FDIC) Chairman Martin Gruenberg said in a joint statement that all depositors of Signature Bank 'will be made whole'.
Sensex tumbled over 900 points on Monday to settle at 58,237.85 due to a massive sell-off in banking, finance and auto stocks as markets across the world continue to face the consequences of the Silicon Valley Bank collapse. Nifty too declined 258.60 points to settle at 17,154.30 points.
According to government data, released on Monday, the retail inflation decreased marginally to 6.44 per cent in February, mainly due to a slight easing in prices of food and fuel items. 
Banks and traders in India have been asked to avoid payment settlements for Russian imports in the Chinese yuan till the time ties between India and China improve.
Parliament Budget Session: The second leg of the Budget session of Parliament began on Monday (March 13) and will continue till April 6. The BJP-Congress slugfest escalated on the first day of the second leg of the Budget Session with the BJP MPs seeking an apology from Gandhi and counter-slogans from the Opposition benches demanding a Joint Parliamentary Committee (JPC) probe into the Adani-Hindenburg issue. After obituary references in the House, Defence Minister and Deputy Leader of the Lok Sabha Rajnath Singh stood up and charged that Gandhi has tried to defame India in London through his remarks on Indian democracy. The Opposition Congress protested strongly too and came to the well of the House. Meanwhile, the focus of the second part of the Budget Session will be on demand for grants and passage of the Union Budget. As per the records, about 26 Bills are currently pending in the Rajya Sabha and close to 9 in the Lok Sabha for passage. Two Bills - The Multi-State Co-operative Societies (Amendment) Bill, 2022 and The Jan Vishwas (Amendment of Provisions) Bill, 2022 were referred to a Joint Committee by the government last Winter Session and they are currently being examined by the panel. The government will also list The Biological Diversity (Amendment) Bill, 2021, which was scrutinised by a Joint Committee of Parliament. 
Ki Young Ju, the CEO and co-founder of CryptoQuant, has tweeted that there will be a massive $1 billion worth of buying pressure on Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB). Ju's announcement was based on a tweet by Binance, the leading cryptocurrency exchange in daily trading volume, which stated that it would convert the remaining $1 billion Industry Recovery Initiative funds from BUSD to native cryptos including BTC, BNB, and ETH.
The Union Territory of Jammu and Kashmir has been allocated a budget of ₹1.18 lakh crore for the year 2023-24, with a focus on providing housing in rural areas and water tap connections to 18.36 lakh households. Finance Minister Nirmala Sitharaman presented the budget on Monday in the Lok Sabha, while Union Minister of State for Finance Pankaj Chaudhary tabled it for the Union territory of Jammu and Kashmir.
A report from Challenger, Gray & Christmas, a firm that provides outplacement services to executives, reveals that in the past two months, a number of companies in the United States have cut jobs due to concerns over a global recession, resulting in more than 180,000 employees losing their jobs. In January, US companies cut 1,02,943 jobs, while 77,770 staff cuts were made in February. Among them, technology companies cut 21,387 jobs in February, accounting for 28% of all cuts.

Gold prices skyrocket in India on Tuesday

Tuesday 14 March 2023 11:38 AM UTC+00
Gold prices today: The gold market in India has seen a significant surge in prices in the last 24 hours. As of Tuesday, 14th March, the cost of 24 carat gold (10 grams) has risen to Rs 57,220, while 22 carat gold (10 grams) is priced at Rs 52,450.
Parliament Budget Session: The second leg of the Budget session of Parliament began on Monday (March 13) and will continue till April 6.  The proceedings in Parliament were paralysed for the second consecutive day on Tuesday as the BJP stepped up its offensive against Congress leader Rahul Gandhi for his remarks in the UK, accusing him of insulting the country's constitutional institutions and reiterating its demand for an apology. Both Lok Sabha and Rajya Sabha were adjourned for the day amid a ruckus with BJP members raising slogans and seeking an apology from Gandhi, while the Congress-led opposition waved placards with quotes from speeches of Prime Minister Narendra Modi during his visits abroad. Meanwhile, the focus of the second part of the Budget Session will be on demand for grants and passage of the Union Budget. As per the records, about 26 Bills are currently pending in the Rajya Sabha and close to 9 in the Lok Sabha for passage. Two Bills - The Multi-State Co-operative Societies (Amendment) Bill, 2022 and The Jan Vishwas (Amendment of Provisions) Bill, 2022 were referred to a Joint Committee by the government last Winter Session and they are currently being examined by the panel. 
Banks and traders in India have been asked to avoid payment settlements for Russian imports in the Chinese yuan till the time ties between India and China improve.
Parliament Budget Session: The second leg of the Budget session of Parliament began on Monday (March 13) and will continue till April 6. The BJP-Congress slugfest escalated on the first day of the second leg of the Budget Session with the BJP MPs seeking an apology from Gandhi and counter-slogans from the Opposition benches demanding a Joint Parliamentary Committee (JPC) probe into the Adani-Hindenburg issue. After obituary references in the House, Defence Minister and Deputy Leader of the Lok Sabha Rajnath Singh stood up and charged that Gandhi has tried to defame India in London through his remarks on Indian democracy. The Opposition Congress protested strongly too and came to the well of the House. Meanwhile, the focus of the second part of the Budget Session will be on demand for grants and passage of the Union Budget. As per the records, about 26 Bills are currently pending in the Rajya Sabha and close to 9 in the Lok Sabha for passage. Two Bills - The Multi-State Co-operative Societies (Amendment) Bill, 2022 and The Jan Vishwas (Amendment of Provisions) Bill, 2022 were referred to a Joint Committee by the government last Winter Session and they are currently being examined by the panel. The government will also list The Biological Diversity (Amendment) Bill, 2021, which was scrutinised by a Joint Committee of Parliament. 
Ki Young Ju, the CEO and co-founder of CryptoQuant, has tweeted that there will be a massive $1 billion worth of buying pressure on Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB). Ju's announcement was based on a tweet by Binance, the leading cryptocurrency exchange in daily trading volume, which stated that it would convert the remaining $1 billion Industry Recovery Initiative funds from BUSD to native cryptos including BTC, BNB, and ETH.
The Union Territory of Jammu and Kashmir has been allocated a budget of ₹1.18 lakh crore for the year 2023-24, with a focus on providing housing in rural areas and water tap connections to 18.36 lakh households. Finance Minister Nirmala Sitharaman presented the budget on Monday in the Lok Sabha, while Union Minister of State for Finance Pankaj Chaudhary tabled it for the Union territory of Jammu and Kashmir.
A report from Challenger, Gray & Christmas, a firm that provides outplacement services to executives, reveals that in the past two months, a number of companies in the United States have cut jobs due to concerns over a global recession, resulting in more than 180,000 employees losing their jobs. In January, US companies cut 1,02,943 jobs, while 77,770 staff cuts were made in February. Among them, technology companies cut 21,387 jobs in February, accounting for 28% of all cuts.

Gold prices skyrocket in India on Tuesday

Tuesday 14 March 2023 11:38 AM UTC+00
Gold prices today: The gold market in India has seen a significant surge in prices in the last 24 hours. As of Tuesday, 14th March, the cost of 24 carat gold (10 grams) has risen to Rs 57,220, while 22 carat gold (10 grams) is priced at Rs 52,450.
Parliament Budget Session: The second leg of the Budget session of Parliament began on Monday (March 13) and will continue till April 6.  The proceedings in Parliament were paralysed for the second consecutive day on Tuesday as the BJP stepped up its offensive against Congress leader Rahul Gandhi for his remarks in the UK, accusing him of insulting the country's constitutional institutions and reiterating its demand for an apology. Both Lok Sabha and Rajya Sabha were adjourned for the day amid a ruckus with BJP members raising slogans and seeking an apology from Gandhi, while the Congress-led opposition waved placards with quotes from speeches of Prime Minister Narendra Modi during his visits abroad. Meanwhile, the focus of the second part of the Budget Session will be on demand for grants and passage of the Union Budget. As per the records, about 26 Bills are currently pending in the Rajya Sabha and close to 9 in the Lok Sabha for passage. Two Bills - The Multi-State Co-operative Societies (Amendment) Bill, 2022 and The Jan Vishwas (Amendment of Provisions) Bill, 2022 were referred to a Joint Committee by the government last Winter Session and they are currently being examined by the panel. 
Gold prices today: Over the past 24 hours, the cost of both 24 carat and 22 carat gold has seen a substantial increase in India. As of March 15th, the price of 10 grams of 24 carat gold is Rs 57,600, while 10 grams of 22 carat gold costs Rs 52,770.
Several US cryptocurrency companies are seeking offshore bank accounts following the collapse of three digital assets-friendly financial institutions last week. Sygnum in Switzerland, Bank Frick in Lichtenstein, and SEBA in Switzerland have reported an increase in requests to open accounts from various jurisdictions, including the US Xapo Bank in Gibraltar has also seen an uptick in demand for new accounts and is adding GBP payment services with USDC options likely starting later this week.
Machine industry company Balu Forge has bagged an order for the export of powertrain sub-assemblies. The company in a regulatory filing said that it will supply over 10,000 powertrain sub-assemblies to a corporation manufacturing tractors based out of the middle east. This could further increase to 50,000 annually, it said.
Banks and traders in India have been asked to avoid payment settlements for Russian imports in the Chinese yuan till the time ties between India and China improve.
Parliament Budget Session: The second leg of the Budget session of Parliament began on Monday (March 13) and will continue till April 6. The BJP-Congress slugfest escalated on the first day of the second leg of the Budget Session with the BJP MPs seeking an apology from Gandhi and counter-slogans from the Opposition benches demanding a Joint Parliamentary Committee (JPC) probe into the Adani-Hindenburg issue. After obituary references in the House, Defence Minister and Deputy Leader of the Lok Sabha Rajnath Singh stood up and charged that Gandhi has tried to defame India in London through his remarks on Indian democracy. The Opposition Congress protested strongly too and came to the well of the House. Meanwhile, the focus of the second part of the Budget Session will be on demand for grants and passage of the Union Budget. As per the records, about 26 Bills are currently pending in the Rajya Sabha and close to 9 in the Lok Sabha for passage. Two Bills - The Multi-State Co-operative Societies (Amendment) Bill, 2022 and The Jan Vishwas (Amendment of Provisions) Bill, 2022 were referred to a Joint Committee by the government last Winter Session and they are currently being examined by the panel. The government will also list The Biological Diversity (Amendment) Bill, 2021, which was scrutinised by a Joint Committee of Parliament. 
Ki Young Ju, the CEO and co-founder of CryptoQuant, has tweeted that there will be a massive $1 billion worth of buying pressure on Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB). Ju's announcement was based on a tweet by Binance, the leading cryptocurrency exchange in daily trading volume, which stated that it would convert the remaining $1 billion Industry Recovery Initiative funds from BUSD to native cryptos including BTC, BNB, and ETH.
The Union Territory of Jammu and Kashmir has been allocated a budget of ₹1.18 lakh crore for the year 2023-24, with a focus on providing housing in rural areas and water tap connections to 18.36 lakh households. Finance Minister Nirmala Sitharaman presented the budget on Monday in the Lok Sabha, while Union Minister of State for Finance Pankaj Chaudhary tabled it for the Union territory of Jammu and Kashmir.
A report from Challenger, Gray & Christmas, a firm that provides outplacement services to executives, reveals that in the past two months, a number of companies in the United States have cut jobs due to concerns over a global recession, resulting in more than 180,000 employees losing their jobs. In January, US companies cut 1,02,943 jobs, while 77,770 staff cuts were made in February. Among them, technology companies cut 21,387 jobs in February, accounting for 28% of all cuts.

Gold prices skyrocket in India on Tuesday

Tuesday 14 March 2023 11:38 AM UTC+00
Gold prices today: The gold market in India has seen a significant surge in prices in the last 24 hours. As of Tuesday, 14th March, the cost of 24 carat gold (10 grams) has risen to Rs 57,220, while 22 carat gold (10 grams) is priced at Rs 52,450.
Parliament Budget Session: The second leg of the Budget session of Parliament began on Monday (March 13) and will continue till April 6.  The proceedings in Parliament were paralysed for the second consecutive day on Tuesday as the BJP stepped up its offensive against Congress leader Rahul Gandhi for his remarks in the UK, accusing him of insulting the country's constitutional institutions and reiterating its demand for an apology. Both Lok Sabha and Rajya Sabha were adjourned for the day amid a ruckus with BJP members raising slogans and seeking an apology from Gandhi, while the Congress-led opposition waved placards with quotes from speeches of Prime Minister Narendra Modi during his visits abroad. Meanwhile, the focus of the second part of the Budget Session will be on demand for grants and passage of the Union Budget. As per the records, about 26 Bills are currently pending in the Rajya Sabha and close to 9 in the Lok Sabha for passage. Two Bills - The Multi-State Co-operative Societies (Amendment) Bill, 2022 and The Jan Vishwas (Amendment of Provisions) Bill, 2022 were referred to a Joint Committee by the government last Winter Session and they are currently being examined by the panel. 
Gold prices today: Over the past 24 hours, the cost of both 24 carat and 22 carat gold has seen a substantial increase in India. As of March 15th, the price of 10 grams of 24 carat gold is Rs 57,600, while 10 grams of 22 carat gold costs Rs 52,770.
Several US cryptocurrency companies are seeking offshore bank accounts following the collapse of three digital assets-friendly financial institutions last week. Sygnum in Switzerland, Bank Frick in Lichtenstein, and SEBA in Switzerland have reported an increase in requests to open accounts from various jurisdictions, including the US Xapo Bank in Gibraltar has also seen an uptick in demand for new accounts and is adding GBP payment services with USDC options likely starting later this week.
Machine industry company Balu Forge has bagged an order for the export of powertrain sub-assemblies. The company in a regulatory filing said that it will supply over 10,000 powertrain sub-assemblies to a corporation manufacturing tractors based out of the middle east. This could further increase to 50,000 annually, it said.
Ki Young Ju, the CEO and co-founder of CryptoQuant, has tweeted that there will be a massive $1 billion worth of buying pressure on Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB). Ju's announcement was based on a tweet by Binance, the leading cryptocurrency exchange in daily trading volume, which stated that it would convert the remaining $1 billion Industry Recovery Initiative funds from BUSD to native cryptos including BTC, BNB, and ETH.
The Union Territory of Jammu and Kashmir has been allocated a budget of ₹1.18 lakh crore for the year 2023-24, with a focus on providing housing in rural areas and water tap connections to 18.36 lakh households. Finance Minister Nirmala Sitharaman presented the budget on Monday in the Lok Sabha, while Union Minister of State for Finance Pankaj Chaudhary tabled it for the Union territory of Jammu and Kashmir.
A report from Challenger, Gray & Christmas, a firm that provides outplacement services to executives, reveals that in the past two months, a number of companies in the United States have cut jobs due to concerns over a global recession, resulting in more than 180,000 employees losing their jobs. In January, US companies cut 1,02,943 jobs, while 77,770 staff cuts were made in February. Among them, technology companies cut 21,387 jobs in February, accounting for 28% of all cuts.

Gold prices skyrocket in India on Tuesday

Tuesday 14 March 2023 11:38 AM UTC+00
Gold prices today: The gold market in India has seen a significant surge in prices in the last 24 hours. As of Tuesday, 14th March, the cost of 24 carat gold (10 grams) has risen to Rs 57,220, while 22 carat gold (10 grams) is priced at Rs 52,450.
Parliament Budget Session: The second leg of the Budget session of Parliament began on Monday (March 13) and will continue till April 6.  The proceedings in Parliament were paralysed for the second consecutive day on Tuesday as the BJP stepped up its offensive against Congress leader Rahul Gandhi for his remarks in the UK, accusing him of insulting the country's constitutional institutions and reiterating its demand for an apology. Both Lok Sabha and Rajya Sabha were adjourned for the day amid a ruckus with BJP members raising slogans and seeking an apology from Gandhi, while the Congress-led opposition waved placards with quotes from speeches of Prime Minister Narendra Modi during his visits abroad. Meanwhile, the focus of the second part of the Budget Session will be on demand for grants and passage of the Union Budget. As per the records, about 26 Bills are currently pending in the Rajya Sabha and close to 9 in the Lok Sabha for passage. Two Bills - The Multi-State Co-operative Societies (Amendment) Bill, 2022 and The Jan Vishwas (Amendment of Provisions) Bill, 2022 were referred to a Joint Committee by the government last Winter Session and they are currently being examined by the panel. 
Gold prices today: Over the past 24 hours, the cost of both 24 carat and 22 carat gold has seen a substantial increase in India. As of March 15th, the price of 10 grams of 24 carat gold is Rs 57,600, while 10 grams of 22 carat gold costs Rs 52,770.
Several US cryptocurrency companies are seeking offshore bank accounts following the collapse of three digital assets-friendly financial institutions last week. Sygnum in Switzerland, Bank Frick in Lichtenstein, and SEBA in Switzerland have reported an increase in requests to open accounts from various jurisdictions, including the US Xapo Bank in Gibraltar has also seen an uptick in demand for new accounts and is adding GBP payment services with USDC options likely starting later this week.
Machine industry company Balu Forge has bagged an order for the export of powertrain sub-assemblies. The company in a regulatory filing said that it will supply over 10,000 powertrain sub-assemblies to a corporation manufacturing tractors based out of the middle east. This could further increase to 50,000 annually, it said.
The Reserve Bank of India (RBI) has allowed banks from 18 countries to open Special Vostro Rupee Accounts (SVRAs) for settling payments in Indian rupees, according to a statement by the government to the Rajya Sabha on Tuesday. Union Minister of State for Finance Bhagwat Kishanrao Karad stated that the SVRAs could be set up by banks of partner countries by approaching Authorised Dealer (AD) banks in India that may get permission from the RBI after due procedure.
World Consumer Rights Day is celebrated every year on March 15 to increase awareness about the rights and responsibilities of consumers. This day highlights the importance of fair and ethical practices in all marketplaces and encourages businesses and governments of the world to protect and promote consumer rights. 
Ki Young Ju, the CEO and co-founder of CryptoQuant, has tweeted that there will be a massive $1 billion worth of buying pressure on Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB). Ju's announcement was based on a tweet by Binance, the leading cryptocurrency exchange in daily trading volume, which stated that it would convert the remaining $1 billion Industry Recovery Initiative funds from BUSD to native cryptos including BTC, BNB, and ETH.
The Union Territory of Jammu and Kashmir has been allocated a budget of ₹1.18 lakh crore for the year 2023-24, with a focus on providing housing in rural areas and water tap connections to 18.36 lakh households. Finance Minister Nirmala Sitharaman presented the budget on Monday in the Lok Sabha, while Union Minister of State for Finance Pankaj Chaudhary tabled it for the Union territory of Jammu and Kashmir.
A report from Challenger, Gray & Christmas, a firm that provides outplacement services to executives, reveals that in the past two months, a number of companies in the United States have cut jobs due to concerns over a global recession, resulting in more than 180,000 employees losing their jobs. In January, US companies cut 1,02,943 jobs, while 77,770 staff cuts were made in February. Among them, technology companies cut 21,387 jobs in February, accounting for 28% of all cuts.
Parliament Budget Session: The second leg of the Budget session of Parliament began on Monday (March 13) and will continue till April 6.  The proceedings in Parliament were paralysed for the second consecutive day on Tuesday as the BJP stepped up its offensive against Congress leader Rahul Gandhi for his remarks in the UK, accusing him of insulting the country's constitutional institutions and reiterating its demand for an apology. Both Lok Sabha and Rajya Sabha were adjourned for the day amid a ruckus with BJP members raising slogans and seeking an apology from Gandhi, while the Congress-led opposition waved placards with quotes from speeches of Prime Minister Narendra Modi during his visits abroad. Meanwhile, the focus of the second part of the Budget Session will be on demand for grants and passage of the Union Budget. As per the records, about 26 Bills are currently pending in the Rajya Sabha and close to 9 in the Lok Sabha for passage. Two Bills - The Multi-State Co-operative Societies (Amendment) Bill, 2022 and The Jan Vishwas (Amendment of Provisions) Bill, 2022 were referred to a Joint Committee by the government last Winter Session and they are currently being examined by the panel. 
Gold prices today: Over the past 24 hours, the cost of both 24 carat and 22 carat gold has seen a substantial increase in India. As of March 15th, the price of 10 grams of 24 carat gold is Rs 57,600, while 10 grams of 22 carat gold costs Rs 52,770.
Several US cryptocurrency companies are seeking offshore bank accounts following the collapse of three digital assets-friendly financial institutions last week. Sygnum in Switzerland, Bank Frick in Lichtenstein, and SEBA in Switzerland have reported an increase in requests to open accounts from various jurisdictions, including the US Xapo Bank in Gibraltar has also seen an uptick in demand for new accounts and is adding GBP payment services with USDC options likely starting later this week.
Machine industry company Balu Forge has bagged an order for the export of powertrain sub-assemblies. The company in a regulatory filing said that it will supply over 10,000 powertrain sub-assemblies to a corporation manufacturing tractors based out of the middle east. This could further increase to 50,000 annually, it said.
The Reserve Bank of India (RBI) has allowed banks from 18 countries to open Special Vostro Rupee Accounts (SVRAs) for settling payments in Indian rupees, according to a statement by the government to the Rajya Sabha on Tuesday. Union Minister of State for Finance Bhagwat Kishanrao Karad stated that the SVRAs could be set up by banks of partner countries by approaching Authorised Dealer (AD) banks in India that may get permission from the RBI after due procedure.
World Consumer Rights Day is celebrated every year on March 15 to increase awareness about the rights and responsibilities of consumers. This day highlights the importance of fair and ethical practices in all marketplaces and encourages businesses and governments of the world to protect and promote consumer rights. 
Foreign lawyers and law firms will now be able to practice in India in a restricted, regulated and controlled manner, and on the principle of reciprocity that will be mutually beneficial for lawyers from India, the Bar Council of India (BCI) said.
Ki Young Ju, the CEO and co-founder of CryptoQuant, has tweeted that there will be a massive $1 billion worth of buying pressure on Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB). Ju's announcement was based on a tweet by Binance, the leading cryptocurrency exchange in daily trading volume, which stated that it would convert the remaining $1 billion Industry Recovery Initiative funds from BUSD to native cryptos including BTC, BNB, and ETH.
The Union Territory of Jammu and Kashmir has been allocated a budget of ₹1.18 lakh crore for the year 2023-24, with a focus on providing housing in rural areas and water tap connections to 18.36 lakh households. Finance Minister Nirmala Sitharaman presented the budget on Monday in the Lok Sabha, while Union Minister of State for Finance Pankaj Chaudhary tabled it for the Union territory of Jammu and Kashmir.
A report from Challenger, Gray & Christmas, a firm that provides outplacement services to executives, reveals that in the past two months, a number of companies in the United States have cut jobs due to concerns over a global recession, resulting in more than 180,000 employees losing their jobs. In January, US companies cut 1,02,943 jobs, while 77,770 staff cuts were made in February. Among them, technology companies cut 21,387 jobs in February, accounting for 28% of all cuts.
Parliament Budget Session: The second leg of the Budget session of Parliament began on Monday (March 13) and will continue till April 6.  The proceedings in Parliament were paralysed for the second consecutive day on Tuesday as the BJP stepped up its offensive against Congress leader Rahul Gandhi for his remarks in the UK, accusing him of insulting the country's constitutional institutions and reiterating its demand for an apology. Both Lok Sabha and Rajya Sabha were adjourned for the day amid a ruckus with BJP members raising slogans and seeking an apology from Gandhi, while the Congress-led opposition waved placards with quotes from speeches of Prime Minister Narendra Modi during his visits abroad. Meanwhile, the focus of the second part of the Budget Session will be on demand for grants and passage of the Union Budget. As per the records, about 26 Bills are currently pending in the Rajya Sabha and close to 9 in the Lok Sabha for passage. Two Bills - The Multi-State Co-operative Societies (Amendment) Bill, 2022 and The Jan Vishwas (Amendment of Provisions) Bill, 2022 were referred to a Joint Committee by the government last Winter Session and they are currently being examined by the panel. 
Gold prices today: Over the past 24 hours, the cost of both 24 carat and 22 carat gold has seen a substantial increase in India. As of March 15th, the price of 10 grams of 24 carat gold is Rs 57,600, while 10 grams of 22 carat gold costs Rs 52,770.
Several US cryptocurrency companies are seeking offshore bank accounts following the collapse of three digital assets-friendly financial institutions last week. Sygnum in Switzerland, Bank Frick in Lichtenstein, and SEBA in Switzerland have reported an increase in requests to open accounts from various jurisdictions, including the US Xapo Bank in Gibraltar has also seen an uptick in demand for new accounts and is adding GBP payment services with USDC options likely starting later this week.
Machine industry company Balu Forge has bagged an order for the export of powertrain sub-assemblies. The company in a regulatory filing said that it will supply over 10,000 powertrain sub-assemblies to a corporation manufacturing tractors based out of the middle east. This could further increase to 50,000 annually, it said.
The Reserve Bank of India (RBI) has allowed banks from 18 countries to open Special Vostro Rupee Accounts (SVRAs) for settling payments in Indian rupees, according to a statement by the government to the Rajya Sabha on Tuesday. Union Minister of State for Finance Bhagwat Kishanrao Karad stated that the SVRAs could be set up by banks of partner countries by approaching Authorised Dealer (AD) banks in India that may get permission from the RBI after due procedure.
World Consumer Rights Day is celebrated every year on March 15 to increase awareness about the rights and responsibilities of consumers. This day highlights the importance of fair and ethical practices in all marketplaces and encourages businesses and governments of the world to protect and promote consumer rights. 
Foreign lawyers and law firms will now be able to practice in India in a restricted, regulated and controlled manner, and on the principle of reciprocity that will be mutually beneficial for lawyers from India, the Bar Council of India (BCI) said.
Ki Young Ju, the CEO and co-founder of CryptoQuant, has tweeted that there will be a massive $1 billion worth of buying pressure on Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB). Ju's announcement was based on a tweet by Binance, the leading cryptocurrency exchange in daily trading volume, which stated that it would convert the remaining $1 billion Industry Recovery Initiative funds from BUSD to native cryptos including BTC, BNB, and ETH.
The Union Territory of Jammu and Kashmir has been allocated a budget of ₹1.18 lakh crore for the year 2023-24, with a focus on providing housing in rural areas and water tap connections to 18.36 lakh households. Finance Minister Nirmala Sitharaman presented the budget on Monday in the Lok Sabha, while Union Minister of State for Finance Pankaj Chaudhary tabled it for the Union territory of Jammu and Kashmir.
A report from Challenger, Gray & Christmas, a firm that provides outplacement services to executives, reveals that in the past two months, a number of companies in the United States have cut jobs due to concerns over a global recession, resulting in more than 180,000 employees losing their jobs. In January, US companies cut 1,02,943 jobs, while 77,770 staff cuts were made in February. Among them, technology companies cut 21,387 jobs in February, accounting for 28% of all cuts.
Parliament Budget Session: The second leg of the Budget session of Parliament began on Monday (March 13) and will continue till April 6.  The proceedings in Parliament were paralysed for the second consecutive day on Tuesday as the BJP stepped up its offensive against Congress leader Rahul Gandhi for his remarks in the UK, accusing him of insulting the country's constitutional institutions and reiterating its demand for an apology. Both Lok Sabha and Rajya Sabha were adjourned for the day amid a ruckus with BJP members raising slogans and seeking an apology from Gandhi, while the Congress-led opposition waved placards with quotes from speeches of Prime Minister Narendra Modi during his visits abroad. Meanwhile, the focus of the second part of the Budget Session will be on demand for grants and passage of the Union Budget. As per the records, about 26 Bills are currently pending in the Rajya Sabha and close to 9 in the Lok Sabha for passage. Two Bills - The Multi-State Co-operative Societies (Amendment) Bill, 2022 and The Jan Vishwas (Amendment of Provisions) Bill, 2022 were referred to a Joint Committee by the government last Winter Session and they are currently being examined by the panel. 
Gold prices today: Over the past 24 hours, the cost of both 24 carat and 22 carat gold has seen a substantial increase in India. As of March 15th, the price of 10 grams of 24 carat gold is Rs 57,600, while 10 grams of 22 carat gold costs Rs 52,770.
Several US cryptocurrency companies are seeking offshore bank accounts following the collapse of three digital assets-friendly financial institutions last week. Sygnum in Switzerland, Bank Frick in Lichtenstein, and SEBA in Switzerland have reported an increase in requests to open accounts from various jurisdictions, including the US Xapo Bank in Gibraltar has also seen an uptick in demand for new accounts and is adding GBP payment services with USDC options likely starting later this week.
Machine industry company Balu Forge has bagged an order for the export of powertrain sub-assemblies. The company in a regulatory filing said that it will supply over 10,000 powertrain sub-assemblies to a corporation manufacturing tractors based out of the middle east. This could further increase to 50,000 annually, it said.
The Reserve Bank of India (RBI) has allowed banks from 18 countries to open Special Vostro Rupee Accounts (SVRAs) for settling payments in Indian rupees, according to a statement by the government to the Rajya Sabha on Tuesday. Union Minister of State for Finance Bhagwat Kishanrao Karad stated that the SVRAs could be set up by banks of partner countries by approaching Authorised Dealer (AD) banks in India that may get permission from the RBI after due procedure.
World Consumer Rights Day is celebrated every year on March 15 to increase awareness about the rights and responsibilities of consumers. This day highlights the importance of fair and ethical practices in all marketplaces and encourages businesses and governments of the world to protect and promote consumer rights. 
Foreign lawyers and law firms will now be able to practice in India in a restricted, regulated and controlled manner, and on the principle of reciprocity that will be mutually beneficial for lawyers from India, the Bar Council of India (BCI) said.
Ki Young Ju, the CEO and co-founder of CryptoQuant, has tweeted that there will be a massive $1 billion worth of buying pressure on Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB). Ju's announcement was based on a tweet by Binance, the leading cryptocurrency exchange in daily trading volume, which stated that it would convert the remaining $1 billion Industry Recovery Initiative funds from BUSD to native cryptos including BTC, BNB, and ETH.
The Union Territory of Jammu and Kashmir has been allocated a budget of ₹1.18 lakh crore for the year 2023-24, with a focus on providing housing in rural areas and water tap connections to 18.36 lakh households. Finance Minister Nirmala Sitharaman presented the budget on Monday in the Lok Sabha, while Union Minister of State for Finance Pankaj Chaudhary tabled it for the Union territory of Jammu and Kashmir.
A report from Challenger, Gray & Christmas, a firm that provides outplacement services to executives, reveals that in the past two months, a number of companies in the United States have cut jobs due to concerns over a global recession, resulting in more than 180,000 employees losing their jobs. In January, US companies cut 1,02,943 jobs, while 77,770 staff cuts were made in February. Among them, technology companies cut 21,387 jobs in February, accounting for 28% of all cuts.
Parliament Budget Session: The second leg of the Budget session of Parliament began on Monday (March 13) and will continue till April 6.  The proceedings in Parliament were paralysed for the second consecutive day on Tuesday as the BJP stepped up its offensive against Congress leader Rahul Gandhi for his remarks in the UK, accusing him of insulting the country's constitutional institutions and reiterating its demand for an apology. Both Lok Sabha and Rajya Sabha were adjourned for the day amid a ruckus with BJP members raising slogans and seeking an apology from Gandhi, while the Congress-led opposition waved placards with quotes from speeches of Prime Minister Narendra Modi during his visits abroad. Meanwhile, the focus of the second part of the Budget Session will be on demand for grants and passage of the Union Budget. As per the records, about 26 Bills are currently pending in the Rajya Sabha and close to 9 in the Lok Sabha for passage. Two Bills - The Multi-State Co-operative Societies (Amendment) Bill, 2022 and The Jan Vishwas (Amendment of Provisions) Bill, 2022 were referred to a Joint Committee by the government last Winter Session and they are currently being examined by the panel. 
Gold prices today: Over the past 24 hours, the cost of both 24 carat and 22 carat gold has seen a substantial increase in India. As of March 15th, the price of 10 grams of 24 carat gold is Rs 57,600, while 10 grams of 22 carat gold costs Rs 52,770.
Several US cryptocurrency companies are seeking offshore bank accounts following the collapse of three digital assets-friendly financial institutions last week. Sygnum in Switzerland, Bank Frick in Lichtenstein, and SEBA in Switzerland have reported an increase in requests to open accounts from various jurisdictions, including the US Xapo Bank in Gibraltar has also seen an uptick in demand for new accounts and is adding GBP payment services with USDC options likely starting later this week.
Machine industry company Balu Forge has bagged an order for the export of powertrain sub-assemblies. The company in a regulatory filing said that it will supply over 10,000 powertrain sub-assemblies to a corporation manufacturing tractors based out of the middle east. This could further increase to 50,000 annually, it said.
The Reserve Bank of India (RBI) has allowed banks from 18 countries to open Special Vostro Rupee Accounts (SVRAs) for settling payments in Indian rupees, according to a statement by the government to the Rajya Sabha on Tuesday. Union Minister of State for Finance Bhagwat Kishanrao Karad stated that the SVRAs could be set up by banks of partner countries by approaching Authorised Dealer (AD) banks in India that may get permission from the RBI after due procedure.
World Consumer Rights Day is celebrated every year on March 15 to increase awareness about the rights and responsibilities of consumers. This day highlights the importance of fair and ethical practices in all marketplaces and encourages businesses and governments of the world to protect and promote consumer rights. 
Foreign lawyers and law firms will now be able to practice in India in a restricted, regulated and controlled manner, and on the principle of reciprocity that will be mutually beneficial for lawyers from India, the Bar Council of India (BCI) said.
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