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India, US to Work towards new global climate financing target

At the end of ninth India-US Economic and financial Partnership


meeting, India & US have agreed to come up with a new climate
finance assistance deal for developing Countries. “We acknowledge the
developed country goal to jointly mobilize $100 Billion every year till
2025 from public and private sources for developing countries,” said
the Indo-US joint statement.
Insurance companies no claim bonus won’t attract tax: GST
Council

The GST council clarified that no claim bonus offered by insurance


companies will not attract any GST. No new taxes have been
introduced, Finance minister Nirmala sitaraman said after the 48 th GST
council meeting. Issues like setting up appllate tribunals for GST and tax
evasion in tobacco businesses could not be taken up due to lack of
time, she added.
India to add 1.4 crore high-net-worth individuals by 2030: FM
India could add 14 crore middle-income households and 1.4 crore
high-net-worth individuals (HNIs) to the economy by 2030,
Finance Minister Nirmala Sitharaman said on Friday, citing World
Economic Forum (WEF) data. Sitharaman emphasised that a
major reset is happening globally amid challenges due to war in
one area and the after-effects of the pandemic in other.
What is Binanc?
Binance cryptocurrency exchange - We operate the worlds biggest
bitcoin exchange and altcoin crypto exchange in the world by volume.

Binance 'temporarily pauses' withdrawals of USDC


stablecoin
The world's biggest crypto exchange Binance said on Tuesday it
has "temporarily paused" withdrawals of the major stablecoin
USDC. "On USDC...we've seen an increase in withdrawals,"
Binance CEO Changpeng Zhao said. He added that swapping
USDC with two other crypto tokens, Paxos Standard and Binance
USD, requires routing through a bank based in New York which is
not yet open.
It's not the end of crypto: Binance CEO on current Bitcoin,
Ethereum prices

Binance's Changpeng Zhao took to Twitter to share the current


prices of major cryptocurrencies Bitcoin, Ethereum and Binance
Coin on Friday. "It's not the end of crypto. Far from it. It's the
beginning of a new chapter," wrote the CEO of world's largest
crypto exchange. Bitcoin, which hit record high of about $69,000
last November, is currently trading around $16,500.

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