Merit Financial News
03.03 / 12:49
markets
FIVE
Citizens
Merit
Platform
show
stage
Why do regular plans dominate some types of mutual funds and not others?
Investors in direct mutual funds lean toward certain equity-fund categories, while regular-plan investors favour others. Direct plans are those that are bought directly from asset management companies, while regular plans flow through banks’ distribution arms, national distributors or individual distributors — or a mix of these.
26.02 / 17:49
Merit
Airlines
WhatsApp
IndiGo faces fine related to input tax credit; evaluates legal recourse
IndiGo on Wednesday said it is facing a fine of nearly Rs 14 lakh in relation to input tax credit and is evaluating necessary legal recourse.
26.02 / 07:57
markets
Merit
security
wellness
Trade
Relationships
Profiles
360 ONE’s B&K deal may narrow its valuation premium over Nuvama Wealth
Subscribe to enjoy similar stories. 360 One WAM Ltd and Anand Rathi Wealth Ltd were the listed pure plays in wealth management in India. However, that will no longer be the case with 360 One’s acquisition of B&K Securities and B&K Finserv.
22.02 / 04:45
markets
Merit
RAI
stage
testing
Updates
RRB ALP result 2025 coming soon: Check CBT 1 merit list, scorecard & direct download link here
RRB ALP Result 2025 for the Assistant Loco Pilot (ALP) Computer-Based Test (CBT) 1. Candidates who appeared for the exam held on November 25, 26, 27, 28, and 29, 2024, will soon be able to check their results on the regional RRB websites.
08.02 / 14:47
markets
Digital
Merit
Strategy
Election
Experts
PAM
Delhi HC rejects pleas by CAs, audit firms against NFRA's powers
National Financial Reporting Authority (NFRA) to investigate and penalise the misconduct of chartered accountants. A bench of Justices Yashwant Varma and Dharmesh Sharma dismissed petitions filed by individual chartered accountants and auditing firms, such as Deloitte Haskins and Sells LLP and Federation of Chartered Accountants Association, saying there was no merit in their challenge.
29.01 / 14:55
29.01 / 06:13
23.01 / 00:25
Provident
Aware
Merit
security
economy
Align
cover
Awareness, affordability, and attractiveness: Insurance sector's budget wishlist
Subscribe to enjoy similar stories. The Union budget 2025 has provided a good opportunity to consider measures that can further support the insurance sector, which is fundamental to fostering a secure and resilient economy, supporting both individual and collective financial well-being. The Insurance Regulatory and Development Authority of India’s (Irdai) vision of ‘Insurance for all by 2047’ aligns closely with India’s broader ambition of becoming a developed economy within a similar timeframe.
22.01 / 08:27
UPS
Merit
Discover
Death
War
Schools
A 53-year-old Harvard Business Review article could hold clues to India’s persistent business family feuds
Subscribe to enjoy similar stories. A contested will, family agreement, multiple HUFs and warring siblings, the ongoing feud between Babasaheb Kalyani and his sister Sugandha Hiremath at the $3 billion Kalyani group, has all the familiar ingredients of the boiling pot that is the Indian business family.
22.01 / 06:55
markets
UPS
Landmark
Merit
wellness
show
Courts
Popcorn is taxed at three rates in India. A nation says this is why we’re a mess
Subscribe to enjoy similar stories. A seemingly routine ruling by India’s top tax officials went off like metal in a microwave. The government laid out a three-tiered system for taxing popcorn depending on if it is packaged or sold loose, carries a brand name or is generic, and is salted or sweet.
12.01 / 11:33
Citizens
Merit
economy
Election
Experts
Universities
Budget influencers: It’s the political economy, stupid!
Subscribe to enjoy similar stories. Experts writing about the forthcoming budget and making weighty proposals usually focus on routine macro parameters: the fiscal deficit, capital and revenue accounts, growth in gross domestic product (GDP), inflation rate and interest rates. These are important parameters and merit close attention to understand the economy’s growth path.
02.01 / 09:03
COST
Merit
Assurant
awards
reports
Courts
Should a chartered accountant buy professional indemnity insurance?
Subscribe to enjoy similar stories. I am a newly qualified chartered accountant. I would like to start my own practice, which would focus on audit and advisory services. Would it make sense for me to buy professional indemnity insurance? How would it help? -Name withheld on request Professional indemnity insurance is meant for professionals like you.
29.12 / 08:31
Merit
Platform
security
ByteDance
TikTok
information
Courts
Trump asks Supreme Court to delay TikTok ban so he can weigh in after he takes office
President-elect Donald Trump has asked the Supreme Court to pause the potential TikTok ban from going into effect until his administration can pursue a “political resolution” to the issue
25.12 / 07:57
24.12 / 17:53
COST
UPS
Merit
economy
show
Bank of Canada's decision to cut by half point 'a close call,' deliberations show
The decision by Bank of Canada governing council members to cut the policy rate by 50 basis points in December was a “close call,” according to minutes released by the central bank on Monday.
19.12 / 06:59
Merit
CAT
testing
CAT 2024 results: Common Admission Test results likely to be out today, check where to get result, how to download scorecard
iimcat.ac.in Log-in credentials required to download CAT scorecard 2024 PDF are- application number, password.
16.12 / 08:11
markets
Merit
Software
Moodys
Experts
Justice
Courts
Gujarat properties law: Presumption of constitutionality attached to every enactment, says Supreme Court
Supreme Court on Monday said and dismissed a plea against a Gujarat High Court order refusing to suspend certain provisions of a 1991 state law over properties in disturbed areas. While hearing the challenge, Justices Dipankar Datta and Prashant Kumar Mishra, asked, «How can, by an interim order, certain provisions be suspended?» «There is a presumption of constitutionality attached to every enactment,» it observed. The high court on October 28 rejected an application seeking suspension of certain provisions of the Gujarat Prohibition of Transfer of Immovable Property and Provisions for Protection of Tenants from Eviction from Premises in the Disturbed Areas Act, 1991.
15.12 / 09:37
UPS
Man
Merit
Discover
song
musician
Colleges
Root for the complete unknown so that merit can overcome nepotism and cronyism
Subscribe to enjoy similar stories. One of the most anticipated new movies of this holiday season (for me) is a biopic of Bob Dylan called A Complete Unknown. The name is taken from the lyrics of the Dylan song, Like a Rolling Stone.
05.12 / 13:25
Provident
FIVE
Merit
security
awards
social
information
India awarded for social security good practices at Asia-Pacific forum in Saudi
The Employees' Provident Fund Organization (EPFO) received five certificates of merit for communication channels, E-proceedings: A case on use of information and communication technology in justice delivery, district outreach programme (Nidhi Aapke Nikat), multilingual call centres, and Prayaas — an initiative of handing over pension payment orders (PPO) to retiring members of the Employees' Pension Scheme, 1995 on the day of retirement itself. The awards were received by Ashok Kumar Singh, DG, ESIC, on behalf of EPFO.
29.11 / 14:29
UPS
Merit
President
Courts
Investigations
Relationships
Swiss wealth manager Lombard Odier indicted for money laundering
Lombard Odier — one of Switzerland's oldest private banks — was indicted by Swiss prosecutors for «aggravated money laundering.»
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