Aware Financial News

The investigation that resulted in the arrests of two Toronto men accused of plotting an attack for ISIS began with a tip from France, sources have told Global News.

Central Pollution Control Board (CPCB) will audit a range of companies in the next month and a half to ensure they follow standard operating procedures and recycle electronic goods, and impose penalties on those found lacking, two government officials said. The penalties collected as environmental compensation (EC) will be used to finance environment protection efforts, the officials cited above said on the condition of anonymity. The E-waste (Management) Rules, 2024 issued in March empower the CPCB to monitor and fine violators.

Tendulkar is set for a new innings–off the pitch. The legendary cricketer is becoming an entrepreneur by launching a new sports athleisure brand jointly with former Swiggy Instamart head Karthik Gurumurthy, people aware of the development told ET. Fromer Swiggy executive Karan Arora is also joining as the third cofounder, they said. A holding company has already been registered for the venture. Early-stage venture fund Whiteboard Capital incubated the startup along with Tendulkar, sources said. Filings show Tendulkar and Whiteboard Capital are currently on the board of directors of the holding firm named SRT10 Athleisure Pvt Ltd.

Border Security Force committee has held 83 flag meetings with Border Guard Bangladesh (BGB) over the last three days. The two sides have conducted nearly 241 'simultaneous coordinating' patrolling in vulnerable areas, BSF said. The panel, constituted by the home ministry on Friday, was mandated to maintain communication channels with its Bangladesh counterpart to ensure safety and security of Indian nationals and minorities living there. According to BSF, the first meeting was held on Saturday. «In order to reach out to counterparts up to border outpost and company levels, both the border guarding forces have held around 83 flag meetings at various levels in the last three days,» BSF said. While appreciating BGB's role in preventing Bangladeshis from coming close to borders, BSF impressed upon BGB to protect Indians and minorities in Bangladesh.

Life Insurance Corporation of India is preparing for a second legal battle over trading in insurance policies, something the insurance behemoth says is illegal, arguing that such transactions threaten to hit at the root of the industry and expose policy buyers to losses. India's biggest insurer is seeking to challenge legally the campaign by ACESO, a company that claims to be an asset monetiser and focused on buying up LIC policies, said officials aware of the plans. It is luring policyholders to transfer their rights to it for a consideration instead of surrendering them. ACESO, founded by two chartered accountants — Ketan Mehta and Himanshu Ashar — is offering ALIP or Assign Your Life Insurance Policy. This it says is based on a legal contract which is permissible under the law. It brings double benefits to those involved in the insurance policy — the agents and the policyholder. When assigned, ACESO is said to be paying more than what LIC would have paid and the continuity of commissions for agents.

Texas has opened an investigation into a Houston area utility provider over allegations of fraud and misuse of taxpayer dollars during its botched response to Hurricane Beryl

Stay tuned for more updatesDonald Trump says “it was a miracle," that his supporters did not flee after bullet shots were heard at the Pennsylvania campaign. He said usually there is a stampede in such situations, but all of Trump's supporters remained, and they did not panic.Donald Trump says the Secret Service sniper was not aware, and says “I've to take my hat off to him," about the Pennsylvania rally shooting , where Thomas Matthew Crooks attempted to assassinate TrumpThe technical issues on X Spaces has been fixed.

Consumer goods companies such as Hindustan Unilever (HUL), Dabur, and Godrej Consumer Products (GCP) are amping up their influencer marketing strategies to boost customer engagement, brand loyalty, and awareness, underscoring the growing role of influencers in purchasing decisions of consumers. In their FY24 annual reports, these companies highlighted the rising role of influencers in the overall marketing mix as consumers are spending more time on short-form snackable content on platforms like Instagram and YouTube. This scenario has led companies to engage with macro, micro, and nano influencers for driving brand visibility. A recent EY report predicted that India's influencer marketing industry will reach ₹3,375 crore by 2026, from ₹2,344 crore in 2024, largely due to the growing use of social media influencers for sales and brand engagement.

seer, one who sees, and the seen in a distinctive manner, building levels of awareness and transitions in the seemingly ordinary relationships of our everyday observations. The eye is seer. The form and colour, the seen. That, eye, is the seen and the mind is its seer. The witness alone is the Seer of thoughts in the mind and never the seen, according to Drig Drishya Viveka, verse 1. Our eyes perceive a myriad objects in their field of vision, yet they cannot simultaneously observe themselves in this process of viewing, and, hence, remain separate from these objects. While the objects before our eyes change, the essence and role of the eyes as instruments of vision remains constant. Once these objects are viewed, the mind takes on the role of the seer. Powering the mind is our consciousness — spirit, breath, life initiating the entire process of viewing to begin with. Hence, this makes our consciousness, our spirit, the ultimate Seer.

NEW DELHI : India had 162 million demat accounts as of June, and 93 million SIP (systematic investment plan) accounts as of July—a strong indicator of increasing financialization in the country. Still, there are places where terms like “Sensex" or “Nifty" are foreign to people. Kargil, in the Union territory of Ladakh, over 200 kilometres from Srinagar, is one such place.

The family of a French explorer who died in a submersible implosion has filed a more than $50 million lawsuit, saying the crew experienced “terror and mental anguish” before the disaster and accusing the sub’s operator of gross negligence.Paul-Henri Nargeolet was among five people who died when the Titan submersible imploded during a voyage to the famed Titanic wreck site in the North Atlantic in June 2023. No one survived the trip aboard the experimental submersible owned by OceanGate, a company in Washington state that has since suspended operations.Known as “Mr.

Jayatri Dasgupta, Program Director, Digital Naari, PayNearby. It is paramount that the country ensure there are women influencers in small towns and villages to bring awareness, technology, financial access and gender equality to the grassroots. This is necessary to realise true inclusivity, Dasgupta says. Digital financial services provider PayNearby launched a women skilling and livelihood programme, Digital Naari, in February to give the women a self-sustainable earning opportunity. “In line with the government’s Lakhpati Didi programme, we want to enable livelihood for at least 1 million women and upgrade them into ‘Lakhpati Didis’ in the next 5 years by making them the preferred banking and digital point in their areas,” Dasgupta says.

tax on stocks and mutual funds stays. It has been seven years since this tax was introduced and the only change has been the rate increase from 10% to 12.5% this year. This is now the uniform rate not just for stocks and equity funds, but for many other types of investments. However, this is where the similarity ends. For investors who want to earn long-term returns and build real wealth through equity-based assets, the tax structure means that significant attention needs to be paid to where they invest and when they buy and sell those investments. The single most important point to be noted is that it’s far more beneficial, from a tax point of view, to invest in mutual funds than stocks. While this has been true since February 2018, the hike in long-term capital gains tax in this year’s Budget has made it that much more important. In any case, even earlier, many investors did not appreciate this about taxation. I’ll recap the underlying principle. All equity portfolios need some buying or selling as individual stocks become more or less desirable. This is true even if you are good at choosing stocks and holding most of these for several years. Time goes by, circumstances change, companies and markets evolve, and the formerly good stocks have to be sold and something better bought. If you are investing in stocks yourself, these transactions will translate into tax liability.

Telecom Regulatory Authority of India (Trai) has sought clarifications from the government on the allocation of backhaul spectrum, including the E and V bands, in the wake of the new Telecommunications Act that said such airwaves should be given administratively. As per the Act, 'radio backhaul' shall mean the use of radio frequency only to interconnect telecom equipment other than customer devices in telecommunication networks. The clarification became important as the regulator had listed out different options, including auction, to allocate backhaul spectrum in its consultation paper. The Department of Telecommunications (DoT) too had said spectrum in the E and V bands can be given through auction, though certain quantum in the V band can be delicensed for indoor coverage.

Compassion is a sublime virtue and meditative practice. Compassion distinguishes itself from loving kindness because it extends beyond feelings of warmheartedness and goodwill toward others. It is the process of permitting ourselves to be profoundly affected by the pain and vulnerability that all living things share.

PSBs) to issue look-out circulars (LOCs) against defaulters. Lenders have submitted their arguments and are hopeful of a swift resolution. All options, including bringing the banking sector regulator, the RBI, on board, are being examined, said executives aware of the developments. «The government is taking inputs from all stakeholders before making a case for the restoration of the banks' power to issue LOCs,» said a bank executive, adding that the public sector banks (PSBs) might also move the Supreme Court through the Indian Banks' Association seeking reinstatement of this power.

Lounge about what to expect before and after the procedure. Mumbai-based Gita A. Parekh underwent a double mastectomy in 2014.

Arjun Ram Meghwal has accused the opposition of creating confusion among people over the Supreme Court «observation» on creamy layer among SCs and STs, and asserted that the Constitution given by B R Ambedkar has no provision of a creamy layer. In an interview to PTI Videos, he said the the BJP-led NDA government will follow Ambedkar's Constitution and will continue the reservation system for Scheduled Castes and Scheduled Tribes as provided in it. Meghwal noted that though the opposition is aware that the top court had only made an «observation» on creamy layer, it is trying to create confusion among people. On Saturday, Congress president Mallikarjun Kharge had said that the idea of denying reservation to SCs and STs on account of the creamy layer concept is «condemnable»

Indian Ocean Region (IOR), connecting the Pacific and Atlantic Oceans, is emerging as a critical axis of global trade, skilled young population and geo-economic prosperity. However, this region has witnessed significant transformations in recent years. For instance, China's expanding influence from Bab-el-Mandeb to Strait of Malacca is posing new and unique challenges each passing day. This continues to pose challenges to the Quadrilateral Security Dialogue (Quad) group, whose sole aim is to create a cooperative bulwark against Chinese expansionism and aggressiveness. China’s economic and military might have increased, so has its interest in securing its maritime trade routes and expanding its influence across the Indian Ocean Region (IOR). Here, we are reminded of the quote by Admiral Alfred T Mahan, «whoever controls the seas controls the world». Furthermore, China’s Belt and Road Initiative (BRI) has seen significant investments in port infrastructure and maritime logistics, exemplified by projects like the Djibouti Port in the Horn of Africa, Gwadar Port in Pakistan, and the Hambantota Port in Sri Lanka among others.

NaBFID), which funds India's infrastructure sector, is raising at least '1,000 crore by issuing a rare 20-year bond, the first of its kind from a development finance institution (DFI) from the country in many years. «The bond will be priced on Monday with a base issue size of '1,000 crore with the option of increasing the size by another '4,000 crore. Insurance companies and pension funds which are the only buyers of this security have already been sounded off,» said a person aware of the issue. The company's debt is rated AAA.

domestic accounting firms to merge and acquire scale. The government is of the view this will help create large domestic audit firms akin to the Big Four, people aware of the development said. The Ministry of Corporate Affairs (MCA) could outline some details as part of the new government's 100-day agenda, one of them said. The LLP law and the Companies Act could be amended in the winter session of Parliament, likely to be held in December, he added. The ministry is also engaged in talks with the Institute of Chartered Accountants of India (ICAI), which has decided to relax key provisions in its regulatory framework to facilitate the "aggregation of chartered accountant firms," the person said.