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.