THE CA EXPRESS Weekly Newspaper Initiative by WICASA WIRC

Volume 02| Issue 41|Sunday, December 12, 2021

Member's Highlights
Communication

02
Indian crypto bill

to call for uniform

KYC process.

03
Abu Dhabi GP

to be the
Mr. Shivam Taparia perfect finale
The pen that writes your life story must be

held in your own hand.” —Irene C. Kassorla. for F1 title race

Why we get influenced by others or why

WHO express its

03
others opinion matters to us more than our
concerns amid
own?

We get influenced by others because - we emergence of

are all looking for an ‘easy’ ‘quick’ solution to
omicron variant
improve our lives. We want a ‘quick fix’ for
Shriram
everything.

04
We watch a thousand celebrities, bloggers, Properties IPO

stars on Instagram, FB and how they lead a

subscribed 4.6
lavish life with high-end branded handbags,
times on final
clothes, shoes, cars. They show how exciting

and happy their life is. We get influenced

day.

and think that is how life should be, and we

should buy all these brands to feel

happy.We believe them because we are Editorial Board

desperately looking for a way to improve our

lives. Instead of working hard on our careers

with honesty, we are ready to try any sort of Ms. Shruti Mr. Arsh
‘solution’ to obtain momentary happiness. Bairoliya Shaikh
The ones who do not get easily influenced
Editor-in-chief Editor
by others are those who are comfortable

and confident in their own skin. They know

that they are doing their best to achieve Ms. Sanjana Ms. Sheetal
their goals.
Prakash Shukla
When people can’t do something themselves,
Editor Editor
they try tell you that you can’t do it. Don’t

ever let anybody tell you that. If you want

something, go get it. Work hard, be

confident. You've got a dream, and you've

Mr.Yashwanth
Mr. Harsh Ms. Alysha
Jain
got to protect it. You’ll be successful in your Shah Franciso
life without any ‘quick fix’.
Editor
Editor Editor

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THE CA EXPRESS | Sunday, December 12, 2021 | www.wirc-icai.org

Indian crypto bill to call for a uniform KYC process for all ..
Source: The Times of India

The crypto bill will require It will further help them check cryptocurrency investors could be
cryptocurrency exchanges to against bank deposits and find operating multiple account
share KYC data of their out discrepancies. The bill will accounts across crypto platforms,
customers with regulators and consist of a uniform KYC

banks and financial companies.

government agencies.These
government bodies include
Securities and Exchange Board of
India (SEBI), the Reserve Bank of
India (RBI) and the income tax
department. This will help
regulators scrutinize transactions
across platforms.
regulation that has to be
compiled by each exchange,
they said. The KYC information
will be the main requirement for
any inspection by any regulator.
The reason for such a scrutiny
lies in the possibility that many
The government is planning to add
cryptocurrency to Section 26A of
the Income Tax Act in the upcoming
budget, which will necessitate
taxpayers to reveal their
cryptocurrency investments both in
India and abroad.

General News
ICMR designs kit to detect new Covid-19 variant Omicron

in 2 hours. Source: The Times of India

Over 132 crore Covid vaccine doses administered in

India so far: Govt. Source: The Times of India

Punjab govt moves SC against Centre's decision to

extend BSF jurisdiction. Source: The Times of India

International scheduled flights from India postponed till

January 31. Source: The Indian Express

SC designates seven retired HC chief justices, judges, 18

advocates as senior advocates. Source: The Times of

India

Tornadoes kill more than 80 in six US states ahead of

Christmas. Source: The Economic Times

India sends medical supplies to Kabul children’s hospital.

Source: The Indian Express

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THE CA EXPRESS | Sunday, December 12, 2021 | www.wirc-icai.org

International News Burkina Faso's prime minister has been fired

amid escalating jihadi violence that's killed

thousands and displaced more than 1 million

people

Source: India Today

Sports News

The two journalists who shared this year’s Nobel

Peace Prize received their awards on Friday in

Oslo, with both warning that the world needs

independent journalism to counter authoritarian

governments.

A British appellate court opened the door Friday

for Julian Assange to be extradited to the United

States by overturning a lower court ruling that

Ash Barty to open new season in Adelaide, Naomi
found the WikiLeaks founder's mental health was
Osaka and Emma Raducanu in Melbourne
too fragile to withstand the American criminal
Source: Times of India
justice system.
Declan Rice likely to drop into West Ham defence as
The U.S. has made it mandatory for all incoming
injuries mount
passengers, including those from India, to carry a
Source: The Indian express

negative COVID-19 test report or a proof of Ruthless Australia Crush England By 9 Wickets In First

recovery from the contagion amidst rising number Ashes Test

of cases of the new Omicron variant. Source: ndtv.com

The World Health Organization expressed concerns With Lewis Hamilton, Max Verstappen Neck And Neck,

Thursday that rich countries spooked by the F1 Holds Its Breath. Max Verstappen bags the pole

emergence of the omicron variant could step up position ahead of the Abu Dhabi Grand Prix.

the hoarding of COVID-19 vaccines and strain Source : ndtv.com

global supplies again, complicating efforts to Asian Champions Trophy: Indian men's hockey team

stamp out the pandemic. leaves for Dhaka

Source: The Hindu Source : Times of India

The Swiss Agency for Therapeutic Products, Divyansh Panwar wins both senior and junior air rifle

Swissmedic on Friday approved the use of the National titles

Pfizer vaccine for children aged 5-11. Source : Times of India

The Indian-American chief executive officer (CEO),

dubbed the Prophet of Zoom, for firing 900

employees over a video conference is taking time

off amid "a leadership and cultural assessment"

pledge by the board of directors of the company.

A controversial redesign of the interior of Notre-

Dame cathedral in Paris has been approved by

heritage authorities, including possible street art

installations and softer mood lighting.

Source: Times of India

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THE CA EXPRESS | Sunday, December 12, 2021 | www.wirc-icai.org

Dubai Plans to List District

Cooling Firm Empower in IPO

Push

Source :bloomberg.com

Rupee drops 18 paise to 75.78

against dollar on forex outflows

Source : the hindu

RBI allows LIC to hold 9.99%

in IndusInd.

Source: The Times of India

"The real test is not whether you

avoid this failure, because you won't.
Business News It's whether you let it harden or
shame you into inaction, or whether
you learn from it; whether you choose
1.Vedanta to pay Rs 5,019 crore in dividends after solid

earnings
to persevere."
Source: Business standard
-Barack Obama
‘PV sales dip 19% in November as chip shortage hits

festive demand’

Source :the indian express

IPO Wrap: Shriram Properties IPO subscribed 4.6 times on

final day led by retail and non institutional investors

Source :the indian express

Lulu Group to invest Rs 2,000 crore to build shopping

mall in Gujarat. Source: The Times of India

India to be among a few economies to rebound strongly,

impact of Omicron to be less severe: Report

Source: moneycontrol.com

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