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COVID-19: Indian-American Senator appointed member of committee to address Washington's eco recovery

The committee will consist of four Democrat and three Republican senators. Democratic senators include David Frockt, Manka Dhingra, Christine Rolfes and Rebecca Saldana and Republicans include senators Randi Becker, Tim Sheldon, while one member is yet to be named.




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I am a new investor. Where should I invest right now to reap maximum benefits?

The current slump in the stock market presents an opportunity to accumulate more mutual fund units.




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Do you want to own a Multi-cap football team?

A multi-cap mutual fund scheme or a diversified equity mutual fund scheme typically invests in stocks across market capitalizations, sectors and styles of investment.




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The Great Escape: 9 exploited in Yemen steal boat, set sail for India

Nine Indian fishermen who were allegedly harassed and not paid by their employer in Yemen for nearly a year have escaped that country by stealing their employer's boat and sailing for Kochi, a peril-filled voyage of than 3,000 km of open sea, according to the families of two of the fishermen.




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Kuwait processing applications from Indians under amnesty scheme: MEA

Kuwait has announced an amnesty till April 30 for those who do not have valid residency permits in the country. The initiative allows such people to leave the country without paying any fines.




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Force majeure clause won't apply to coronavirus death claims in life insurance policies

The Council also confirmed that the clause of ‘Force Majeure’ will not apply in case of COVID-19 death claims. This step was taken to reassure customers who had reached out to individual life insurance companies seeking clarity on this clause.




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Coronavirus: US announces relaxations for H-1B visa holders and Green Card applicants

The US government has given a grace period of 60 days to H-1B visa holders and Green Card applicants.




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One lakh Indian families in the US get relief due to Trump admin's appeal against revoking H4 visas

The Department of Homeland Security (DHS) argued that the American technology workers, who had challenged the 2015 ruling on giving work permits to H-4 visa-holders, have not been irreparably harmed by such work authorisation.




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FM Nirmala Sitharaman sets Rs 15 lakh income cap to tax NRIs

Govt has decided to tax only the income generated by NRIs from the biz in India, leaving their global incomes.




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How women can bridge the large gender pay gap

Your career is undeniably the biggest investment of your working life. Where the gender pay gap exists, it means that for the same work, you are getting a lower salary due to your gender. Progressive workplaces understand and take steps to fill this gap.




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Victory Lap: Year Seven

Can I just start by saying, holy shit… year seven? I mean, what the hell have I been doing for the last seven years? (Besides...




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Stocks in news: Apollo Tyres, Rites and India Cements

Stocks in news: Apollo Tyres, Rites and India Cements





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Oil price collapse sends Sensex tumbling 1,011 pts; Nifty ends below 9K

Oil price collapse sends Sensex tumbling 1,011 pts; Nifty ends below 9K





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Sensex zooms 997 pts, Nifty ends April F&O expiry at 9,860; India VIX posts worst month ever

Sensex zooms 997 pts, Nifty ends April F&O expiry at 9,860; India VIX posts worst month ever





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RBI advises Ministry of Finance against PSB recapitalisation in Budget 2020

RBI advises Ministry of Finance against PSB recapitalisation in Budget 2020





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Still believe that the market will have a sharp V-shaped recovery: Sunil Subramaniam

Still believe that the market will have a sharp V-shaped recovery: Sunil Subramaniam





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Very sharp U-shaped recovery is a strong possibility: ASK Investment Manager

Very sharp U-shaped recovery is a strong possibility: ASK Investment Manager





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LG Polymers says vapour leak caused accident at Vizag plant

The unit of South Korean chemical giant LG Chem said it is committed to working closely with the concerned authorities to investigate the cause of the incident, prevent recurrence in future and secure the foundation for care and treatment. The firm said a special task force has been set up to help victims and families to resolve any issues.




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Delhi BJP seeks Arvind Kejriwal's clarification over "underreporting" of Covid deaths in capital

Delhi BJP president Manoj Tiwari on Saturday expressed concern over reports of "underreporting" of deaths due to Covid-19 in Delhi and asked Chief Minister Arvind Kejriwal to clear the air about it.




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Why Visakhapatnam gas leak should set off alarm bells

Report suggest the plant operated between 1997 -2019 without valid environment clearances.




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Covid-19 pandemic: ICMR approves 28 more institutions for Plasma Therapy across country

Covid-19 pandemic: ICMR approves 28 more institutions for Plasma Therapy across country





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India seen escaping Argentina's fate as remittances curb deficit

India received $69 billion in overseas remittances last year, equivalent to almost 3 percent of GDP, Capital Economics said, citing World Bank data.




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No 'V'-shape return from devastating US job loss, Fed policymakers say

But the economy can’t rev up too quickly, not as long as the virus is still loose.




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COVID-19: Maruti Suzuki leans on Wellness Mitra App for employees' safety

​The app that complements the Aarogya Setu App has been made mandatory for all employees across the value chain, requiring them to update their health status, including close family members, on the app everyday. It has been developed to ensure safety and monitor employees' health on a real time basis.




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Will expedite scrappage policy, extend compliance timelines for auto companies where possible: Gadkari

“I have been trying for the last two years to pursue the scrappage policy. I have asked the Secretary (ministry of road transport and highways) to expedite the scrappage policy. Because this will help reduce production cost,” Gadkari said in an interaction with SIAM Institute on Thursday.




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Companies tap bond markets at record rate to ride out coronavirus downturn

In Europe, investment grade-rated companies raised $83.2 billion in April, according to Refinitiv data.




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NHPC board approves raising Rs 2,000 crore debt

The board has considered and approved the proposal to raise debt of up to Rs 2,000 crore, a company statement said.




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Tata Motors scraps plan to raise Rs 1,000 crore through NCDs

On April 28, Tata Motors had said it would be issuing non-convertible debentures worth Rs 1,000 crore.




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Baseline Ventures signs India’s under-19 cricket captain Priyam Garg

The multi-year deal will see Baseline managing all the commercial interests of Garg. Born in Meerut, UP, Garg made his first-class debut against Goa in 2018 where he went on to score an unbeaten 117. He recently led the Under-19 Indian team at the World Cup in South Africa where they finished runners-up.




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New York experiences beyond the Big Apple

The iconic Statue of Liberty. Image courtesy - iStock Welcome to the Empire State, otherwise known as New York. The state is home to profound experiences wi...




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Varanasi's ghats, Hampi's attractions & Goa's iconic churches: Destinations which are every photographer's paradise

India’s diverse culture is truly a photographer’s delight.




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Up your happiness quotient with these brilliant pics from around the world

On ‘World Happiness Day’, instantly quench your global travel quest.




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Why Papad's popularity in Indian cuisine won't fade away

We may no longer dry papads at home in summer, but this uniquely Indian product deserves to be celebrated.




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Cadila, Aurobindo & Dr Reddy’s top bets in pharma space: Axis Capital

‘Demand environment, supply opportunity and currencies are the three major drivers for pharma’




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Investors lapping up consumer, insurance, pharma & telecom stocks due to earnings certainty: ASK Investment

‘Investors focusing on predictability, sustainability and better quality businesses’




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A falling yen may not be the economic cure Japan seeks

The yen, which investors typically snap up as a safe haven in times of financial market stress, fell nearly 10% against the dollar this month, as pandemic fears spurred a stampede into the refuge of the world's most powerful currency.




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Airtel app users to get free access to ZEE5 content now for limited period

Airtel Thanks app customers will not have to pay any subscription to avail the access to ZEE5's content, according to the announcement.




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India's coal import declines 29 per cent in April

The country imported 26.34 million tonnes (MT) of coal in April 2019, according to a provisional compilation by mjunction services based on monitoring of vessels' positions and data received from shipping companies.




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NCLT approves resolution plan for stressed companies of Uttam Galva

Bids were submitted by CarVal Investors and Nithiya Capital Resources Advisors. The resolution plans involve settlement to financial creditors of Uttam Value Steels with a total upfront and contingent payment of Rs 1,078 crore and Rs 1,576 crore for Uttam Metallics.




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U.S. Repatriates $300 Million to Malaysia in Proceeds of Funds Misappropriated from 1Malaysia Development Berhad

The Department of Justice announced today that it has repatriated to Malaysia approximately $300 million (RM 1.292 billion) in additional funds misappropriated from 1Malaysia Development Berhad (1MDB), Malaysia’s investment development fund, and laundered through financial institutions in several jurisdictions, including the United States, Switzerland, Singapore and Luxembourg.




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Bank Hapoalim Agrees to Pay More Than $30 Million for Its Role in FIFA Money Laundering Conspiracy

Bank Hapoalim B.M. (BHBM), an Israeli bank with international operations, and its wholly owned subsidiary, Hapoalim (Switzerland) Ltd. (BHS), have agreed to forfeit $20,733,322 and pay a fine of $9,329,995 to resolve an investigation into their involvement in a money laundering conspiracy that fueled an international soccer bribery scheme.




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Assistant US Attorney (Appellate)

USAO Central District of Illinois

Springfield or Peoria, Illinois
Announcement #: ILC-APPELLATE AUSA-10811192
Application Deadline: May 22, 2020

This Assistant U.S. Attorney will be assigned to our Appellate Division where they will be responsible for researching and drafting briefs and motions for filing in the Court of Appeals for the Seventh Circuit, handling post-conviction Habeas Corpus (28 U.S.C § 2241) matters in district courts, reviewing and editing briefs and motions for colleagues, participating in moot courts to prepare for oral argument, and providing research support for AUSAs in the Criminal and Civil Divisions. Briefs will involve a wide variety of constitutional, statutory, and other claims arising under substantive and procedural federal criminal and civil law and primarily respond to defense claims of error in convictions and/or sentences, while at times, the government will file an appeal challenging district court decisions or orders.

Responsibilities will increase and assignments will become more complex as your training and experience progress.




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Parkersburg man pleads guilty to possessing child pornography




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Federal Appellate Court Upholds Enforcement of IRS Summons Seeking Information Concerning Law Firm Clients Involved in Foreign Transactions

On April 24, 2020, a federal appellate court upheld an order enforcing an Internal Revenue Service (IRS) summons directed to the Taylor Lohmeyer Law Firm PLLC, the Department of Justice announced. The summons directed the law firm to provide information about clients who used the law firm’s services to create and maintain foreign bank accounts and entities. On appeal, the United States Court of Appeals for the Fifth Circuit upheld the trial court’s enforcement of the summons and rejected the law firm’s “blanket” claim that all responsive materials were protected by the attorney-client privilege. It explained that revealing the fact that the clients participated in specific types of transactions would not necessarily reveal any confidential communication of legal advice protected by the attorney-client privilege.




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Israel’s Largest Bank, Bank Hapoalim, Admits to Conspiring with U.S. Taxpayers to Hide Assets and Income in Offshore Accounts

Jeffrey A. Rosen, the Deputy Attorney General of the United States, Richard E. Zuckerman, the Principal Deputy Assistant Attorney General of the Justice Department’s Tax Division, Geoffrey S. Berman, the United States Attorney for the Southern District of New York, and Don Fort, the Chief of the Internal Revenue Service, Criminal Investigation (IRS-CI), announced today the guilty plea of Bank Hapoalim (Switzerland) Ltd. and filing of criminal charges against Bank Hapoalim B.M. for conspiring with U.S. taxpayers and others to hide more than $7.6 billion in more than 5,500 secret Swiss and Israeli bank accounts and the income generated in these accounts from the Internal Revenue Service (the IRS).  BHS’s Chief Executive Officer appeared on behalf of the bank to enter the guilty plea before U.S. District Judge Mary Kay Vyskocil.




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How to Apply




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Attorney General Holder Applauds Settlement to Improve Right to Counsel in New York State




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Justice Department Applauds Settlement to Improve Juvenile Right to Counsel in Georgia




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Small Business Capital Formation Advisory Committee to Discuss the SEC’s Capital Formation Proposal on May 8

The Securities and Exchange Commission today released the agenda for the Friday, May 8 meeting of its Small Business Capital Formation Advisory Committee, which will be hosted via video conference. The Committee will discuss the Commission’s recent…




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SEC Commemorates Teacher Appreciation Week, Highlights Ongoing Commitment to Serving Teachers

The Securities and Exchange Commission announced that it is premiering new multimedia resources to support teachers in connection with Teacher Appreciation Week. This content builds on the Commission’s longstanding efforts to serve teachers in both their…