As much as 7% of federal spending could be fraud, according to a new reportThe US government could be losing between $233 billion and $521 billion to fraud each year, according to a report on a recent five-year period by the nonpartisan Government Accountability Office (GAO).Issued this week, the <a href="https://www.gao.gov/assets/d24105833high.pdf" target="_blank" rel="noopener noreferr

US government finances unsustainable auditors

Mumbai (Maharashtra) [India], April 18 (ANI): The National Stock Exchange of India (NSE) will launch derivatives on Nifty Next 50 Index (NIFTYNXT50) from April 24. Securities and Exchange Board of India (SEBI) has approved derivatives on the Nifty Next 50 Index on NSE.
NSE, the world's No. 1 derivatives exchange in the year 2023 based on contracts traded, will offer three serial monthly index futures and index options con

NSE to launch derivatives on Nifty Next 50 Index starting April 24

taipei, taiwan - A Vietnamese delegation's visit to China last week has underscored increasingly close economic ties between the territorial rivals, which analysts say is posing a challenge to the dominance of South Korean investment in Vietnam.Vietnam's National Assembly Chairman Vuong Dinh Hue led the high-level delegation from April 7 to 12 and met with Chinese President Xi Jinping.Hue proposed the two

China-South Korea competition grows in Vietnam

New Delhi [India], April 17 (ANI): India is set to accommodate up to 17 pc of the global elderly population by 2050. The forecast comes in the report titled 'Golden opportunities from the silver economy - analyzing the future of senior care in India' by real estate firm CBRE South Asia Pvt Ltd.
The report also highlights India's rapid demographic transition, foreseeing substantial growth in the senior care sector propelle

17 pc of world's elderly population will be in India by 2050: CBRE

The continent needs an expansion of modern medical infrastructure in the face of potential disease outbreaks, the president has saidRussia stands committed to an active partnership in healthcare with African nations, which are particularly vulnerable to the risk of new deadly disease outbreaks, President Vladimir Putin said on Wednesday.Putin made the pledge in a welcome <a href="http://e

Russia ready to collaborate with Africa against new pandemics Putin

New Delhi [India], April 17 (ANI): The Indian mutual fund (IMF) industry has experienced an expansion over the past five years, with the total number of folios nearly doubling to reach 17.79 lakh crore in March 2024, compared to 8.97 lakh crore in March 2020.
This surge in folios is attributed to increasing awareness and growing interest among retail investors in equity and bond investments through mutual funds, according

Indian Mutual Fund industry witnesses growth, doubling folios to touch 17.79 lakh crore: ICRA Analytics

&copy; Provided by Xinhua BEIJING, April 16 (Xinhua) -- Despite being just over 30 years old, Wang Yanmei (pseudonym) undergoes cancer tests every year.<span style="font-f

China promotes early detection, treatment to fight tumors

&copy; Provided by Xinhua BEIJING, April 16 (Xinhua) -- China's retail sales of consumer goods, a major indicator of the country's consumption strength, climbed 4.7 percent year on year

Update: China&#039;s retail sales up 4.7 pct in Q1

Tata Group will reportedly make semiconductor chips for the electric car manufacturer owned by Elon MuskTesla has reportedly signed a deal to procure semiconductor chips for its global operations from Tata Electronics, which is part of one of India's largest conglomerates, the Tata Group.The agreement was quietly finalized a few months ago, the Economic Times newspaper <a href="https://m.

Tesla signs deal with Indian conglomerate media

DUBAI, 11th March, 2024 (WAM) -- The Ministry of Finance organised a training course titled "Roundtable Session - Discussion of Updates to the Federal Government's Accounting Standards Manual", in line with its commitment to developing governmental financial work and enhancing financial performance efficiency within federal ministries and entities. The course saw the participation of financial department managers from 

Ministry of Finance organises federal entities course on updating federal government's accounting standards manual

GENEVA, 5th March, 2024 (WAM) -- The UAE ranks fifth in the IPU's latest 'Women in Parliament 2023' report, which is based on parliamentary renewals in 66 chambers in 52 countries in 2023."Rwanda continues to lead the IPU world ranking with women accounting for 61.3% of seats in the Chamber of Deputies, followed by Cuba and Nicaragua with 55.7% and 53.9% respectively, while Andorra, Mexico and the United Arab Em

UAE ranks fifth globally in IPU's latest 'Women in Parliament 2023' report


                            As much as 7% of federal spending could be fraud, according to a new report
            
                        
            The US government could be losing between $233 billion and $521 billion to fraud each year, according to a report on a recent five-year period by the nonpartisan Government Accountability Office (GAO).
Issued this week, the <a href="htt

US government finances 'unsustainable' - auditors

Next week in Ottawa, countries will reconvene to continue negotiations on an international legally binding instrument on plastic pollution. A revised draft of the treaty published by the United Nations Environment Programme contains certain positive measur

UN Plastics Treaty Should Mandate Protection of Human Rights and Health


                            The Indian military is looking to purchase 97 Tejas combat aircraft, which are manufactured by a state-owned company
            
                        
            The Indian Ministry of Defense is planning to acquire 97 fighter jets from state-owned aerospace manufacturer Hindustan Aeronautics Limited (HAL), ANI news agency reported on Friday. The deal is worth a

New Delhi to acquire domestically produced jets worth $7.8 billion

BEIJING, April 19 (Xinhua) -- Chinese consumers' spending on big-ticket items such as cars, home appliances, and furniture expanded while spending on services consumption rose quickly in the first quarter of this year, the Ministry of Commerce (MOC) said on Friday. During the period, new car sales reached 6.72 million units in the country, up 10.6 percent year on year, with sales of new energy vehicles surging 3

China&#039;s big-ticket items spending, services consumption rise in Q1

BEIJING, April 19 (Xinhua) -- China's non-financial outbound direct investment (ODI) came in at 242.92 billion yuan (about 34.2 billion U.S. dollars) in the first quarter of this year, up 12.5 percent year on year, official data showed on Friday. The investment in members of the Association of Southeast Asian Nations (ASEAN) and European Union saw rapid growth, jumping 36.7 percent and 34.5 percent from the same

China&#039;s Q1 non-financial ODI up 12.5 pct

NANNING, April 19 (Xinhua) -- The foreign trade of south China's Guangxi Zhuang Autonomous Region reached 166.29 billion yuan (about 23.4 billion U.S. dollars) in the first quarter of 2024, up 10.3 percent year on year, customs statistics showed. Guangxi's exports increased by 31.4 percent year on year to reach 94.33 billion yuan, while imports decreased 8.9 percent to 71.96 billion yuan, said the customs of Nan

China&#039;s Guangxi sees foreign trade up 10.3 pct in Q1

URUMQI, April 19 (Xinhua) -- Total import and export value of goods in northwest China's Xinjiang Uygur Autonomous Region grew by 42.7 percent year on year to 93.63 billion yuan (about 13.2 billion U.S. dollars) in the first quarter of 2024, the second highest growth rate among all provinces, autonomous regions and municipalities in China, official data showed on Thursday.  In March 2024 alone, Xinjiang's foreig

NW China&#039;s Xinjiang sees foreign trade value up 42.7 pct in Q1

SHENZHEN, April 19 (Xinhua) -- The southern Chinese metropolis of Shenzhen saw its foreign trade grow 28.8 percent year on year to 1.02 trillion yuan (about 140.8 billion U.S. dollars) in the first quarter of this year, exceeding the 1-trillion-yuan mark for the first time in a decade, local authorities said. During this period, Shenzhen's exports grew 28.2 percent year on year to 642.44 billion yuan, and the ci

Shenzhen&#039;s Q1 foreign trade exceeds 1-trln-yuan mark

According to the latest data released by the National Statistical Institute, Bulgarian household incomes experienced a remarkable surge in 2023, reaching an average of BGN 10,846 per household member. This represents an impressive annual growth rate of 20.4%, marking a significant increase over the past decade, where incomes have more than doubled, growing by 2.3 times.When accounting for inflation, real househo

Bulgarian Household Incomes Offset by Inflation in 2023

The bloc's regulator has urged caution in the reduction of liquified natural gas imports from Russia as the transit deal with Ukraine nears expirationThe EU's energy regulator has warned against drastic reductions of imports of liquified natural gas (LNG) from Russia, despite the bloc's ambition to completely end its reliance on fossil fuels from the country over the Ukraine conflict.In t

EU still needs Russian gas energy watchdog

Escalation of conflict in the Middle East will send energy prices skyrocketing, analysts have warnedGlobal prices for crude oil jumped by as much as 3.5% shortly after Israel carried out a series of strikes on Iran in the early hours of Friday.Both oil benchmarks soared over $3 a barrel in early trading before retreating. By 12:00 GMT, Brent crude oil futures for June delivery were down $

Oil prices spike after Israel strikes Iran

New Delhi [India], April 19 (ANI): Making a strong comeback from the early losses, Indian stock indices closed the day and the week's trading on a high.
During the morning trade, the Indian stock market nosedived into negative territory with continued selling for the fifth session, succumbing to the escalating geopolitical tensions between Iran and Israel.
Sensex closed at 73,088.33 points, up 599.34 or 0.83 per cent, and

Paring early losses, Indian stocks close week on a high

New Delhi [India], April 19 (ANI): Tensions between Israel and Iran have sent shockwaves through global markets, triggering a wave of uncertainty and volatility.
Asian markets find themselves in the red, currencies are trading lower, and oil prices have seen a noticeable uptick.
India's Sensex experienced a decline in last 4 sessions, particularly affecting consumer durables and banking stocks.
India's 10-year yield remai

Wider conflict in the Middle East may lead to rise in inflation: BoB Report

Mumbai (Maharashtra) [India], April 19 (ANI): In a tumultuous day of trading, the Indian stock market nosedived into negative territory, succumbing to the escalating tensions between Iran and Israel.
The Sensex plunged by 591.21 points, opening at 71,898.32, while the Nifty plummeted by 183.55 points, commencing trading at 21,812.30.
The market sentiment was grim as only six out of the Nifty companies advanced, while a st

Stock market plunges amid escalating Iran-Israel tensions; Sensex- Nifty record steep declines

ATLANTA, Georgia: This week, Delta Air Lines said that due to rising demand for spring and summer travel and the "most constructive backdrop" for the airline industry, it is forecasting the highest second-quarter revenue in its history.  After reporting better-than-expected earnings in the first quarter, the carrier forecasts a strong profit in the current quarter.  CEO Ed Bastian said that Delta's core c

Delta: Summer travel demand to generate record second-quarter revenue

Second-quarter revenue to be highest in its history, predicts Delta

Delta forecasts highest second-quarter revenue in its history

New Delhi [India], April 19 (ANI): Amid escalating tensions in the Middle East, Air India announced to suspend flights to and from Tel Aviv until April 30, assuring the safety of their customers and crew members.
Sharing on their social media platform X, Air India stated, "Our flights to and from Tel Aviv will remain suspended until 30th April 2024, in view of the emerging situation in the Middle East."They further emphas

Air India suspends flights to and from Tel Aviv until April 30 amid escalating tensions in Middle East

An engineer claims he has been targeted by the company for raising concerns about ?no safety culture?Hundreds of people could die unless American aerospace giant Boeing addresses critical safety issues, a whistleblower has told the US Senate, also claiming that he was threatened with "physical violence" for going public, CNN has reported.Sam Salehpour, an engineer at Boeing, told two Sena

Boeing whistleblower threatened with physical harm CNN

New Delhi [India], April 19 (ANI): Air India has announced cancellation of its flights to and from Dubai due to operational disruptions amid incessant rainfall.
The airlines said on Friday that it is trying to accommodate affected customers on flights as soon as operations resume.
It added that those customers who booked the flights with valid tickets for travel till April 21 will be given a one-time waiver on reschedulin

Air India cancels flight to and from Dubai amid incessant rainfall; offers waiver for affected customers

Abu Dhabi [UAE], April 19 (ANI/WAM): Etihad Airways has announced the resumption of scheduled operations following recent challenging weather conditions in the country.
The airline said that some flights experienced delays on 16th and 17th April due to the rainy weather conditions in Abu Dhabi.
Etihad Airways advises passengers to check their flight schedules on the airline's website, noting that the safety of its guests 

Etihad Airways resumes scheduled operations

Dubai [UAE], April 19 (ANI/WAM): Dubai Airports has urged passengers not to come to the airport unless their flight has been confirmed and recommended arriving only two hours before their scheduled departure.
Emirates has also decided to suspend check-in for all customers across its network travelling with onward connections through Dubai, until 23:59 GMT on 19th April. This is to support operations recovery from the rece

Dubai Airports urges passengers not to arrive at the airport unless flights are confirmed

Abu Dhabi [UAE], April 19 (ANI): Amid heavy rains that lashed United Arab Emirates and caused flood-like situation, the Embassy of India in Abu Dhabi has issued an advisory for Indian passengers travelling to or transiting through the airport to reschedule their non-essential travel till flight operations normalise.
The Indian consulate in Dubai has also operationalized emergency helpline numbers to assist passengers.
Dub

Dubai rains: Indian Embassy in UAE issues travel advisory for passengers

Beijing [China], April 19 (ANI): The Ministry of National Defence of Taiwan tracked six Chinese military aircraft and six naval vessels around Taiwan between 6 am. on Thursday (April 18) and 6 a.m. on Friday (April 19), reported Taiwan News.
As per the MND, out of the six PLA aircraft, four of them crossed the Taiwan Strait median line in the southwest area of the nation's air defence identification zone (ADIZ), while one

Taiwan tracks 6 Chinese military aircraft, six naval vessels

New Delhi [India], April 19 (ANI): IndiGo airline issued a travel advisory to passengers on Thursday night due to bad weather conditions in Dubai caused by heavy rainfall in the Gulf nation.
In a message on X, the airline said, "6ETravelAdvisory: Flights to/from Dubai are impacted due to Airport restrictions and operational challenges caused by bad weather. Please keep a track of your flight status at http://bit.ly/2EjJGG

IndiGo issues travel advisory amid record rainfall in Dubai

(Photo credit: John Jones-USA TODAY Sports)
Lauren Coughlin posted a bogey-free, 6-under 66 Thursday to take the early lead at the Chevron Championship, but white-hot World No. 1 Nelly Korda is right behind after one round of the first women's major of the year in The Woodlands, Texas.

Korda, who has won her past four LPGA starts, birdiedfour of her final six holes at The Club at Carlton Woods to shoot 4-under 68, tied f

Lauren Coughlin in front, Nelly Korda right behind at Chevron

A large-scale conflict is in nobody's interests, but an Israeli retaliation to Iran is bound to happen. The question is, what will it be?From the night of Saturday, April 13, Iran directly attacked Israel from its territory for the first time using drones and missiles. In many Israeli cities, air-raid sirens sounded, and explosions were heard in Jerusalem.CNN described it as the most powe

Is all-out war in the Middle East now inevitable

Dubai [UAE], April 18 (ANI/WAM): Dubai Airports has announced the reopening of check-in procedures at Terminal 3 for Emirates and Flydubai.
In a recent update regarding airport and flight operations, Dubai Airports has announced that the departure hall at Terminal 3 is experiencing a significant influx of passengers, urging customers to make their way to the airport only if they have a confirmed flight booking.
Dubai Airp

Dubai airports reopens check-in procedures at terminal 3 for 'Emirates' and 'Flydubai'

Bhubaneswar (Odisha) [India], April 18 (ANI): Chief Minister Naveen Patnaik congratulated Defence Research and Development Organisation on successful flight-test of Indigenous Technology Cruise Missile (ITCM) off the coast of Odisha on Thursday.
"Congratulate @DRDO_India on the successful flight-test of Indigenous Technology Cruise Missile (ITCM), a long range subsonic cruise missile powered by indigenous propulsion syste

CM Patnaik lauds DRDO for successful test of Indigenous Technology Cruise Missile off Odisha coast

New Delhi [India], April 18 (ANI): As heavy rain lashes the Gulf nation, the Indian Embassy in Dubai on Thursday emphasised that they are in constant touch with the UAE authorities and airlines, and have facilitated connect between stranded Indian passengers and their family here.
They further stated that relief measures have been extended in association with Indian community organizations.
"We are in touch with UAE autho

Indian Embassy in Dubai facilitate Indian stranded passengers, connect with their families as rain lashes UAE

New Delhi [India], April 18 (ANI): The Defence Research and Development Organisation (DRDO) conducted a successful flight test of the Indigenous Technology Cruise Missile (ITCM) from the Integrated Test Range (ITR), Chandipur, off the coast of Odisha, on Thursday.
A release issued by the Defence Ministry stated that during the test, all subsystems performed as per expectations.
According to the release, to ensure complete

DRDO conducts successful flight test of Indigenous Technology Cruise Missile off Odisha coast

Agartala (Tripura) [India], April 18 (ANI): Tripura Chief Minister Dr Manik Saha said on Wednesday that the significance of the 2024 Lok Sabha elections in re-electing Narendra Modi as Prime Minister of India for a third term and in making a corruption-free and developed nation.
CM Saha was addressing an election rally at Swami Vivekananda Maidan in the presence of PM Modi.
"Due to Prime Minister Narendra Modi, the people

LS polls crucial in building corruption-free India, developed nation: Tripura CM Saha

Toronto - Police said nine people are facing charges in what authorities are calling the biggest gold theft in Canadian history from Toronto's Pearson International airport a year ago.Peel Regional Police said Wednesday that 6,600 gold bars worth more than 20 million Canadian dollars ($14.5 million), and 2.5 million Canadian dollars ($1.8 million) in foreign currencies were stolen. The gold was melted down and u

Nine face charges in last year&#039;s Canada gold theft

ISLAMABAD - Pakistan said Wednesday that its border security forces killed a group of seven 'terrorists,' who were attempting to cross over from Afghanistan.A military statement said the overnight infiltration occurred in North Waziristan, a volatile Pakistani district on the Afghan border. It stated that "the infiltrators were surrounded, effectively engaged, and, after an intense fire exchange," all of them we

Pakistan claims to have killed 7 &#039;terrorists&#039; near Afghan border

Port Blair (Andaman and Nicobar Islands) [India], April 17 (ANI): Bharatiya Janata Party (BJP) candidate from Andaman and Nicobar Islands, Bishnu Pada Ray, took a dig at Congress MP Rahul Gandhi saying that the latter cannot sit in Parliament for more than an hour.
"Rahul is a Pappu...He cannot even sit in Parliament for more than an hour. Why does he go outside? His mind does not work," Ray told ANI at Port Blair on Wedn

Rahul Gandhi cannot even sit in Parliament for more than an hour: BJP's Bishnu Pada Ray

The US must defend Ukraine like it did Israel last weekend, a spokesman for President Vladimir Zelensky has saidKiev wants security guarantees from its Western backers similar to the level of protection that the US provides Israel, President Vladimir Zelensky's chief of staff, Andrey Yermak, said on Wednesday.The Ukrainian government is negotiating a series of treaties intended to seal th

Accounting News

US government finances unsustainable auditors

NSE to launch derivatives on Nifty Next 50 Index starting April 24

China-South Korea competition grows in Vietnam

17 pc of world's elderly population will be in India by 2050: CBRE

Russia ready to collaborate with Africa against new pandemics Putin

Indian Mutual Fund industry witnesses growth, doubling folios to touch 17.79 lakh crore: ICRA Analytics

China promotes early detection, treatment to fight tumors

Update: China's retail sales up 4.7 pct in Q1

Tesla signs deal with Indian conglomerate media

Ministry of Finance organises federal entities course on updating federal government's accounting standards manual

UAE ranks fifth globally in IPU's latest 'Women in Parliament 2023' report

US government finances 'unsustainable' - auditors

UN Plastics Treaty Should Mandate Protection of Human Rights and Health

New Delhi to acquire domestically produced jets worth $7.8 billion

China's big-ticket items spending, services consumption rise in Q1

China's Q1 non-financial ODI up 12.5 pct

China's Guangxi sees foreign trade up 10.3 pct in Q1

NW China's Xinjiang sees foreign trade value up 42.7 pct in Q1

Shenzhen's Q1 foreign trade exceeds 1-trln-yuan mark

Bulgarian Household Incomes Offset by Inflation in 2023

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