Aware Financial News

Delhi HC to hear plea seeking disqualification of PM Modi from elections for six years: What's the case against him? As reported by Hindustan Times citing senior officials national capital goes to polls on a Saturday has raised "concerns". Given that May 23 (Thursday) is a gazetted holiday for Buddha Purnima and May 26 is a Sunday, officials are concerned that many people might take May 24 (Friday) off to create an extended long weekend.

U.S. Food and Drug Administration (FDA) is gathering information on products of Indian spice makers MDH and Everest after Hong Kong halted sales of some of their products for allegedly containing high levels of a cancer-causing pesticide. «The FDA is aware of the reports and is gathering additional information about the situation,» an FDA spokesperson told Reuters on Friday. Hong Kong this month suspended sales of three MDH spice blends and an Everest spice mix for fish curries. Singapore ordered a recall of the Everest spice mix, saying it contains high levels of ethylene oxide, which is unfit for human consumption and a cancer risk with long exposure.

1.13 million fraud cases in 2023, and pig butchering is a new scam practice that is becoming more frequent. In simpler terms, pig butchering is a version of smishing where scammers use social media platforms for cyber theft. As the name suggests, the victim is being ‘fattened up’ through validation and friendship before ‘butchering’ i.e.

Voter Turnout in Phase 2: Uttar Pradesh Records Lowest, Tripura Highest As the second phase of the Lok Sabha elections unfolded, Uttar Pradesh recorded the lowest voter turnout at 52.64%, while Tripura saw the highest at 76.23% as of 5 pm.

invasive group A strep should not be ignored.“If we had waited, Steve would be planning (my) funeral,” Doucet told Global News in an interview from her hospital bed. “So we were so thankful to have an anniversary.”Doucet said it all began on April 10, when she developed a headache and flu-like symptoms.

It's now illegal to sell weight-loss and muscle-building supplements to minors in New York

textiles ministry is gearing up to launch a revamped Cotton Technology Mission aimed at improving the quality and output of India's "white gold" by adopting best practices that could position India as a prime destination for textile sourcing and foreign investment, two people aware of the matter said. This mission is designed to reduce dependence on imports for this crucial raw material for fibre, and to increase the incomes of India's more than 6 million cotton farmers, they said.

medium duration funds are better placed to offer superior returns when the interest rates start falling. Debt mutual funds offer attractive returns in a falling interest rate environment. If that interest you, you can learn more about these funds Most mutual fund investors stick to liquid funds, ultra short term funds, short term funds, banking & PSU funds, corporate funds, etc. to take care of their short-term needs. Most of them might know about gilt funds. Even though they may not invest in them. However, many investors are not aware of medium duration funds. Chances are that most people will keep hearing about medium duration funds this year because most mutual fund advisors are recommending these schemes to their clients these days. Also Read |Dividend yield MFs deliver up to 133% return in just 3 years. Should you invest?

sugar or two. Experts say this habit has likely persisted or worsened in your adulthood, paving the way for the bitter moniker “diabetes capital of the world” for India. The problem with the so-called nutritional drinks has come to the fore in recent weeks after the latest controversy regarding Nestle's Cerelac brought to light how brands have been using 'added sugar' to products that are meant for infants. However, denying the allegations, Nestle spokesperson told ET Online that the reduction of added sugars is a priority for the brand.

Top 5 investments that can make you rich: Becoming wealthy often requires a combination of financial discipline, smart investing, and patience. Investing in the stock market, either directly or through mutual funds or ETFs, can yield significant returns over time. Real estate, whether through rental properties or REITs, provides rental income and long-term appreciation.

central bank plans to soon change guidelines to permit banks to temporarily freeze accounts suspected of being used to commit cyber crimes, as it battles a rising wave of online crime, three sources told Reuters. The plans come as internal government data shows individuals have lost funds of nearly $1.26 billion in financial institutions to cyber fraud since 2021, with one of the sources saying about 4,000 fraudulent accounts are opened every day. Tens of thousands of Indians receive daily telephone calls seeking to defraud them by accessing their bank accounts and wallets to siphon off money that then accumulates in the scammers' accounts.

AFP report. The Spanish PM took to social media platform X (formerly Twitter) where he stated, "I need to stop and think" in order to decide “whether I should continue to head the government or whether I should give up this honour." Sanchez announced on the post that a decision will be made Monday.

climate change is only making it worse. Now, a newly developed quantitative approach may help raise its prominence as an environmental, social and governance issue. The AI-driven tool, known as the Child Labor Index, scores companies in three areas: disclosure levels, public perception and the commodity-level exposure of the supply chain to child labor. Fund managers can use the scores to pinpoint high-risk companies and identify others that need to confront the issue. Among investors, “the level of awareness of child labor is incredibly low,” said Eleanor Harry, chief executive and founder of HACE, the UK-based startup that developed the index. “This will help them monitor risk in their portfolio.”

Railways Ministry has joined the viral keyboard trend. The multiple versions of the viral meme trend asking users to look between two letters on their keyboard has amazed the netizens. The ministry used the keyboard trend to spread awareness among people about the customer care number for railway enquiry-139.

Temasek and US’ Fidelity are in advanced discussions to invest around $200 million in Lenskart through a secondary share sale at a valuation of about $5 billion, three people aware of the matter said. To put this in perspective, the round would take the homegrown eyewear company’s valuation to over three times that of Warby Parker, a New York-based online retailer for spectacles and contact lens. Warby Parker listed on the NYSE late in 2022 and has a market capitalisation of around $1.55 billion.

Belgian man was acquitted of a drunk-driving charge on Monday after court officials learned he suffers from a very rare metabolic condition that causes his body to turn certain foods into alcohol.The 40-year-old man, who has not been named publicly, has a condition called auto-brewery syndrome (ABS). He was examined by three separate doctors who told the court the man does indeed suffer from ABS, Reuters reported.Due to his condition, the man’s body creates ethanol, which is intoxicating, after ingesting sugary and starchy foods.

spectrum for satellite broadband communications, a senior official said, noting that the previous consultation process would not be taken forward in the light of enactment of the new telecom law. “The terms of reference are being finalized. The fresh reference will be sent in a few weeks.

JioCinema is pivoting towards a hybrid monetisation model by placing Indian general entertainment and movie content behind the paywall, people aware of the development told ET. The subscription plan, which will include GEC, movie, and Hollywood content, will be priced at Rs 30 per month and Rs 300 a year, one of the persons said, adding live sports will continue to be outside the paywall. Another person said the platform is looking at multiple subscription plans. Currently, JioCinema has a single subscription plan for Hollywood content from HBO, NBCUniversal, and Paramount Global, priced at Rs 99 per month. The platform is expected to unveil its new subscription strategy soon.

Congress' Sam Pitroda says he's ‘very concerned’ about state of democracy in India Sam Pitroda on Tuesday backed Congress' stand on redistribution of wealth and advocated an inheritance tax law in the country while elaborating on the concept of inheritance tax prevailing in the United States. He said, “In America, there is an inheritance tax.

Pakistan of «potential risk of sanctions,» adding that they will continue to disrupt and take actions against proliferation networks considering business deals with Iran. Emphasising the US imposing sanctions on suppliers to Pakistan's Ballistic Missile Program, US State Department Principal Deputy Spokesperson Vedant Patel said «We're going to continue to disrupt and take actions against proliferation networks and concerning weapons of mass destruction procurement activities wherever they may occur...Just let me say, broadly, we advise anyone considering business deals with Iran to be aware of the potential risk of sanctions. But ultimately, the government of Pakistan can speak to their own foreign policy pursuits.»

As inflation, an impending retirement cliff and other forces create a perfect storm of health care costs for Americans, Fidelity Investments announced it has hit a record in providing health savings accounts for investors nationwide.