MFA
In 1974, Mississippi domestic worker L.V. Hull bought a 900-square-foot home with her wages; decades later, it became a restored art site and the L.V. Hull Legacy Center
L.V. Hull, a dedicated domestic worker and artist, acquired a modest home in Kosciusko, Mississippi, in 1974, infusing it with her unique art. While the house blossomed into a celebrated art destination, it fell into neglect after her death in 2008. Restoration efforts have since revitalized it, marking its place as the first historic home of a Black woman visual artist. Visitors are now welcome at the newly opened L.V.
Rubio, Kazakhstan foreign minister discuss investment and critical minerals cooperation
A meeting took place in Samarkand between Kazakhstan's Foreign Minister Mukhtar Tileuberdi and US Secretary of State Marco Rubio. They discussed enhancing the strategic partnership, focusing on trade, economic and investment cooperation. Both parties expressed their commitment to expanding practical cooperation and increasing mutual trade turnover. They also addressed the upcoming G20 Summit preparations and the potential visit by Rubio to Kazakhstan.
In 1795, Paul Revere helped bury a secret time capsule beneath Boston's State House; 219 years later, workers opened it to reveal coins, documents and a medal
A 1795 time capsule buried beneath Boston's State House was recently opened. This capsule contained historical items from different periods of Massachusetts history. It was originally placed by notable figures like Paul Revere and Samuel Adams. The capsule was also opened and replenished once before in 1855.
In just $500, a Washington art teacher built a 1200 sq ft home. His hillside home is made from discarded car doors, washing machine glass, metal
Victor Moore, an innovative Washington art teacher, created a standout home known as the 'junk castle,' utilizing an array of discarded items like car doors and washing machine glass. Serving as both his residence and MFA thesis, this extraordinary project embodies Moore's genius. He also crafted hand-carved wooden whirligigs, leaving a lasting legacy that inspires students through the power of creative expression.
Pakistan, Bangladesh sign six agreements to boost trade, diplomacy, cultural ties
Pakistan and Bangladesh have formalized stronger ties. They signed six agreements in Dhaka. These agreements cover trade, economics, diplomatic training, and cultural exchange. Muhammad Ishaq Dar, Pakistan's Deputy Prime Minister, oversaw the signing. Pakistan also announced the "Pakistan-Bangladesh Knowledge Corridor." This project offers scholarships to Bangladeshi students for higher education in Pakistan.
Zelenskyy proposes 30-day halt on airstrikes targeting civilian infrastructure
President Zelenskyy proposed a 30-day halt to long-range drone and missile strikes on civilian infrastructure, citing the absence of Russian air strikes during the Easter ceasefire despite over 2,000 other violations. He accused Russia of ground offensives despite declaring a ceasefire. Russia's MFA countered, alleging Ukrainian forces attacked Russian positions 444 times.
Poland targets visa brokers with new biometric screening plan for Indian applicants
Poland's Ministry of Foreign Affairs plans to implement a new IT system to prevent intermediaries from monopolizing and reselling visa appointment slots. This will start in India, the Philippines, and Uzbekistan, using biometric verification. The aim is to assist genuine applicants while combating fraud and bribery in the visa issuance process.
NCLT agrees to hear Glas Trust in Aakash minority shareholder rights case
The NCLT allowed Glas Trust, representing US lenders of Byju’s, to be heard in a case regarding Aakash Institute. The case involves disputes over minority shareholder rights and potential impacts on Byju’s insolvency, with Aakash and Manipal opposing the request.
Major policy and regulation changes effective from January 1, 2025
In 2025, significant changes will impact various sectors. GST compliance modifications, including mandatory MFA and 180-day E-Way Bill restrictions, will affect businesses in India. Thailand's e-Visa will be accessible globally, and new US visa rules aim to ease the process for Indian applicants. Telecom users will see improvements with updated RoW rules.
New advisory by GSTN: GST E-Way Bill rules changed; Buyers’ input tax credit is at risk if seller does not follow these new rules
GST: A new advisory by GSTN alerted taxpayers about changes being made with E-Way Bill generation time limits which is now reduced to 180 days from the date of the base document. “For instance, documents dated earlier than July 5, 2024, will not be eligible for e-waybill generation starting January 1, 2025.”
NCLT refrains Byju's Aakash Institute from tinkering with minority shareholders rights
The subsidiary of Think and Learn is trying to take away the rights of minority shareholders by amending the articles of association and conferring special rights on the major shareholder, Ranjan Pai’s Manipal Education and Medical Group, which holds about 40% stake in Aakash.
The US securities watchdog's mounting legal headaches
US industry and other groups are challenging rules under SEC Chair Gary Gensler. These include regulations on corporate board diversity, proxy voting, share buybacks, private funds, and others. Multiple lawsuits are ongoing, with significant implications for current and future SEC policies. Supreme Court rulings have also impacted SEC's regulatory authority.
US SEC blames 'SIM swapping' for its X account hack
The U.S. Securities and Exchange Commission (SEC), a Wall Street regulator, revealed that its social media account on the platform X was hacked using the SIM swapping technique. The SEC had removed multi-factor authentication (MFA) six months prior to the attack and reinstated it only after the incident.
Singapore objects to Arvind Kejriwal's COVID-19 variant remark, Govt says Delhi CM does not speak for India
Kejriwal on Tuesday called for cancelling all air services with Singapore with immediate effect, saying a strain of coronavirus found in that country could reach Delhi in the form of a third wave.
Hedge funds skeptical of SEC plan to let firms conceal stocks
The MFA said it supports the SEC’s efforts to review disclosure rules. Still, the trade group’s skepticism adds another hurdle for a plan that has already been blasted by public companies, investor advocates and mutual funds.
Israel to send special mission to India with advanced rapid Covid-19 test tech
A special planned flight from Tel Aviv to Delhi is set to carry a high ranking MOD R&D team which has been working with India’s chief scientist and DRDO to develop rapid testing for COVID-19 in under 30 seconds, ET has learnt. The flight will also bring breakthrough emerging Israeli technologies for combating COVID-19.
Sushma Swaraj discusses issues of mutual interest with Bulgarian counterpart
Swaraj's visit is a follow-up to the state visit of President Ram Nath Kovind to Bulgaria in September last year.
Nepal names former law minister as ambassador to India
The position of Nepalese ambassador to India was vacant for about a year after Deep Kumar Upadhyay resigned October last year to join politics.
SC to decide on premier petrol, diesel excise issue
The SC decided to examine whether the process of addition of multi-functional additives to petrol and diesel and retailing them as premium brands amounts to manufacturing for the purpose of imposition of excise duty.
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