Merit Financial News

Purple Heart Day, a solemn commemoration honoring the valor and sacrifice of individuals wounded or fallen in the line of duty for their nation. This significant occasion carries profound historical origins and serves as a poignant testament to the altruism demonstrated by countless figures across time.

Hindustan Times. Once announced, ICAI results can be checked on icai.nic.in. To check the results of the ICAI CA Foundation June 2023, the applicants will have to use their roll numbers and registration numbers.

Congress party, was sentenced to two years in jail by a lower court for making defamatory remarks about Prime Minister Narendra Modi’s surname during an election rally in 2019. He can now contest elections after the Supreme Court suspended his conviction. The secretariat of the lower house of parliament issued a notification on Monday saying his disqualification, which ran for four months, has been revoked.

Rahul Jain, VP Research, Dolat Capital, says it takes away the risk of hostile transaction possibilities in case AntFin stake is purchased by one single entity as they own close to 25% at that point of time. With this deal, AntFin, an affiliate of China’s Ant Group Co, will cease to be the largest shareholder in Paytm. Also, Paytm’s payment services license was pending for approval for more than six months now and the constraint was related to Chinese ownership.Paytm CEO Vijay Shekhar Sharma will purchase 10.30% stake from AntFin Holding. Do you think this is just technically a book entry where the ownership from the right-hand moves to the left-hand?I would say this helps in multiple ways.

India Inc. According to a recent survey by law firm AZB & Partners, 74% of the respondents agree that the use of the whistle-blowing mechanism is a significant driver in unearthing ethical issues within organisations.

Brand India enjoys liable to misuse? PM Narendra Modi's well-known flair for wordplay, using alliteration and other rhetorical devices, was given another airing when, during the parliamentary deadlock over the violence in Manipur, he took a dig at the opposition combine, which has adopted the acronym INDIA, and pointed out that the word 'India' has often been used as guise, or camouflage, by all manner of entities engaged in various kinds of nefarious activities. In support of his claim, he cited examples as diverse as the Indian National Congress, set up during the Raj under the auspices of Alan Octavian Hume after the 1857 uprising as a 'safety valve' and a counter-revolutionary sop to further British imperialism, and terrorist organisations such as the Indian Mujahideen and the Popular Front of India.

XRP's price has declined by nearly 5% in the last 24 hours, reaching $0.62380. This downturn continues a four-day bearish streak, and the cryptocurrency has reached its lowest point since July 13. 

The latest federal indictment of former President Donald Trump poses an unprecedented test of the Justice Department’s ability to build a persuasive case not just for 12 jurors but also for the history books. In seeking to do that, prosecutors will face a number of hurdles in court, including showing that Trump’s actions were criminal as opposed to protected free speech. On the issue of whether it can persuade the public of the righteousness of its prosecution, the Justice Department has taken on a huge and politically polarizing target in an atmosphere already ripe with mistrust over its motivations.

BTech student of IIT Bombay committed suicide, allegedly after being harassed by a fellow student over his caste. The institute had denied this charge. Earlier this week, IIT-B asked students to refrain from asking about each other's JEE (Advanced) ranks, GATE scores or any information that may reveal their caste, etc.

Delhi Ordinance bill, AAP Rajya Sabha MP Raghav Chadha said that those who support the bill will be remembered as ‘anti-national’ and also cited that these regional parties are supporting the bill out of compulsion. Meanwhile, Congress leader P Chidambaram cited that he fails to understand why these parties are supporting the government on this.

The Bill, which seeks to replace the Centre's Ordinance over the control of services in the national capital and was introduced by the Union Minister for State for Home, Nityanand Rai, will be taken up for consideration and passage by the Lower House on Wednesday. Meanwhile, the logjam in both Houses over the Manipur situation and the demand for a discussion and a statement from Prime Minister Narendra Modi, is likely to persist as the Parliament reconvenes on Wednesday. The Bill was introduced on Tuesday amid continued slogan-shouting by members in the Opposition benches. However, rejecting the contentions put forward by members in the Opposition, Home Minister Amit Shah, citing a Supreme Court ruling, said the Constitution has vested the Lower House with the power to table any law pertaining to Delhi for consideration and passage.

Prime Minister Narendra Modi’s State visit to the US saw major commercial announcements such as Micron’s commitment to establish a semiconductor plant in India, a deal to acquire 31 Predator drones from General Atomics, and an agreement between Hindustan Aeronautics Limited and General Electric to make jet engines for Tejas fighters. A bilateral commitment to implement Digital Public Infrastructure (DPI) like India’s Unified Payments Interface (UPI) got lost in the breathless media coverage. Part of a June 2022 joint statement, it has the potential to set a new template for public-private digital partnerships, Historically, the public sector has funded physical infrastructure such as road and rail networks, especially in developing countries.

Delhi University will release the first undergraduate merit allocation list today, on Tuesday, August 1, 2023. This list will determine the seat allocation for students based on their positions in the merit list. Furthermore, St.

Delhi High Court has granted bail to a foreign national found in possession of 50 cocaine capsules, which he had swallowed and concealed in his stomach, noting he has been in custody for the past more than six years. The high court noted the trial in the drugs case is yet to be concluded and asked the lower court to expeditiously record the evidence of the remaining witnesses and conclude the trial within six months.

Chemicals and Fertilisers Minister Mansukh Mandaviya on Friday asked chemicals and petrochemicals players to focus on quality and become competitive in the global market to make India a manufacturing hub. Addressing a summit on 'Global Chemicals and Petrochemicals Manufacturing Hubs in India' here, the minister asserted that India is the best destination for global investments and the industry should encash this opportunity to boost manufacturing. Mandaviya said he has given direction for establishing chemical parks for making India an investment hub and added that «the work is happening in this regard».

Shree Cement Ltd has been in focus lately, but not for the right reasons. The ongoing inspection from the Ministry of Corporate Affairs has been a sentiment dampener. Against this backdrop, the company’s June quarter (Q1Fy24) earnings do little to lift the mood.

A bidding war between two of the market’s top funds management firms has broken out after GQG Partners said it intended to counter a $555 million bid lobbed by Regal Partners for Pacific Current Group.

India’s presidential-style politics in a parliamentary system, as the scenario has been since the ascent of Narendra Modi as Prime Minister, can present piquant situations. The odds of Modi’s Bharatiya Janata Party (BJP) government being ousted from power by a no-confidence vote in the Lok Sabha are negligible, given that BJP members make up more than half the House—the safety mark—and can also count on allies to crush such a motion by a ratio of over 2:1. Yet, on Wednesday the Indian National Congress sought a floor test, citing violence in Manipur among other issues, and got the backing of parties that recently joined hands with it to form a front called the Indian National Developmental Inclusive Alliance (INDIA) for general elections next year.

NEW DELHI (Reuters) -IndiGo operator InterGlobe Aviation said on Wednesday it is working with Pratt & Whitney to assess any potential impact on its fleet, after a warning from the U.S. engine maker spooked global airlines.

The Supreme Court’s decision overturning half a century of affirmative action in higher education will force colleges and universities to reconsider their admissions processes and the purposes these processes serve. These institutions can promote both individual excellence and a more inclusive society while fully complying with the court’s ruling. When I was in the Boy Scouts, we received merit badges.

New Delhi: White Label ATMs (WLAs) are expected to drive ATM spread across India with a greater focus on tier III to VI centres, said Union Minister of State for Finance, Bhagwat Kisanrao Karad, in a written reply in Rajya Sabha on Tuesday. To expand ATM access in the country, the Reserve Bank of India (RBI) has granted permission to non-bank entities to establish, own, and operate White Label ATMs (WLAs) nationwide.