Merit Financial News

Banks are seeking innovative solutions to rebalance their credit-deposit ratio. These include reducing the minimum lock-in period for tax-saving deposits to three years to bring about parity with similar equity-linked savings schemes. There may be some merit in this demand considering a structural shift in savings behaviour of Indian households to alternative investment avenues, such as mutual funds and real estate, at a time interest rates had collapsed during the pandemic. Although interest rates have since recovered, returns offered by a rally in the stock markets and a revival of the housing market are crimping bank deposit growth. Accompanied by strong demand for credit, a key banking metric is deteriorating, prompting RBI to suggest banks review their business strategies.

Combined Graduation Parade (CGP) of the 213 Officers' Course will be held on June 15 at the Air Force Academy (AFA), Dundigal, Hyderabad, the Ministry of Defence said in a release.

5 key money lessons on value investing one can learn from Warren BuffettExperts point out that growth and value are two distinct investment philosophies that represent contrasting approaches, each with its own set of merits and risks.Value stocks are shares of companies that appear to be priced lower than their true worth. These companies usually have stable finances, steady earnings, and low valuation measures. Investors in value stocks look for bargains—stocks that are temporarily unpopular or ignored by the market, hoping their true value will eventually be recognised, leading to price increases.

insider trading, sent abusive responses to market regulator Sebi, following which he attracted a fine of Rs 20 lakh. Rajat Mishra, the notice in the matter, replied to Sebi in the offensive phrase — «Notice de rxxe ho ya bxxxk mxxxg rxxe ho.»

National Company Law Tribunal (NCLT) Thursday allowed KSK Mahanadi Power Company Ltd's committee of creditor (CoC) to invite fresh bids for the company.

TORONTO — A proposed class-action lawsuit has been launched against Toronto-Dominion Bank related to the ongoing investigations into the bank’s anti-money-laundering program in the U.S.

candidates have bagged the top rank in medical entrance exam NEET-UG, a majority of them from Rajasthan, the National Testing Agency announced on Tuesday. The top rankers in the National Eligibility cum Entrance Test (NEET) also include 14 girls, the agency said.

NEET UG 2024 result LIVE updates: On June 4, the National Testing Agency (NTA) announced the results of the NEET 2024 examination. Students can check their results for the undergraduate entrance test on the official NTA NEET website at exams.nta.ac.in/NEET or at neet.ntaonline.in.As the NEET results are announced, the NTA will also release the names of the top performers across India and the minimum scores needed for different categories.

NTA) has released the tentative answer key for the National Eligibility and Entrance Test (NEET) 2024, along with scanned pictures of the OMR answer sheet and recorded responses. For the access of the answer key the candidate need to enter their date of birth and application number. On May 5, 2024, from 2 PM to 5:20 PM, over 24 lakh candidates took the NEET UG 2024 at 4750 different centers in 571 locations across the nation and 14 places outside of India.

“We have the ability to identify themes early for our investors. Typically, in smaller companies, there is an element of discovery wherein there is scepticism,” says Himanshu Kohli, Co-founder, Client Associates. In an interview with ETMarkets, Kohli who manages more than Rs 300 cr said: “Many of our investee companies, though small in size, are already market leaders or challengers in niche industries with substantial growth potential,” Edited excerpts: How much AUM have you raised? Himanshu Kohli: About Rs 300 crore (we aim to place an additional Rs 200 crore by exercising our green shoe option).

predicate offence does not mean that he cannot be prosecuted under the Prevention of Money Laundering Act (PMLA), the Supreme Court said on Friday while hearing a plea in a money-laundering case arising out of the alleged coal-block allocation scam. The observation came from a vacation bench of Justices Bela M Trivedi and Pankaj Mithal, which was hearing a petition filed by one Sudhir Gupta seeking quashing of an Enforcement Case Information Report (ECIR) against him and the subsequent proceedings arising out of it. The bench told advocate Vijay Aggarwal, who appeared in the court on behalf of Gupta, that the Enforcement Directorate (ED) ECIR could neither be quashed nor stayed. Aggarwal told the bench that the petitioner was arrayed as a witness in a related case lodged by the Central Bureau of Investigation (CBI), but the ED has made him an accused in the money-laundering case.

Congress leader Rahul Gandhi said on Wednesday that the system is heavily aligned against the lower castes and that he knows the system from inside as his grandmother and father were prime minister and later he used to visit the PM's house when Manmohan Singh lived there. He asserted that the country's 90 per cent population including the Dalits, OBCs, tribal communities and the minorities does not have representation in the country's narrative and power structure. Gandhi said his party aims to ensure the participation of the country's 90 per cent population in the country's progress. Addressing an event in Panchkula this evening, Gandhi took a swipe at the BJP, saying the saffron party's «end» is coming.

When it comes to investing, real estate and mutual funds are two popular options. Both have their intrinsic advantages and disadvantages, and it is imperative for the investor to understand these difference so that they can make informed decisions. At the same time, it is also crucial to be aware of their relative merits and demerits before taking the plunge.

Mint looked at seven companies that proxy advisory firms estimate to pay the most through royalty payments. In addition to the five mentioned above, Mint included two more companies, Procter and Gamble Health Ltd and Colgate-Palmolive Health Ltd, both of which pay more than ₹200 crore in royalty. All Indian companies pay royalties as a percentage of revenue.

Google is asking that a federal judge, rather than a jury, decide whether it violated U.S. antitrust laws by building a monopoly on the technology that powers online advertising

Supreme Court Collegium headed by Chief Justice of India (CJI) D Y Chandrachud has recommended to the Centre the names of two additional judges for appointment as permanent judges of the Gauhati High Court. The Collegium, also comprising Justices Sanjiv Khanna and B R Gavai, recommended that Justice Rajesh Sekhri be appointed as an additional judge of the Jammu & Kashmir and Ladakh High Court for a fresh term of one year with effect from July 29, 2024. "… the Collegium resolves to recommend that Justice Susmita Phukan Khaund and Justice Mitali Thakuria, additional judges, be appointed as permanent judges of the Gauhati High Court against the existing vacancies," said one of the Collegium resolutions uploaded on the apex court website. It noted that the Collegium of the Gauhati High Court had unanimously recommended on April 1 the names of these two judges for appointment as permanent judges.

One of the most annoying things that can ever happen to a banker is to suspect, halfway through an interview process, that the decision has already been made and you are just being put through the hoops.  Consequently, although the search consultants retained by HSBC to find a replacement for Noel Quinn are being asked to consider external candidates “to benchmark” the merits of Nuno Rato and George Elhedery, they might find it difficult to persuade many senior global bankers that it’s worth their while to update a resume.

Gujarat Secondary and Higher Secondary Education Board (GSEB) has announced that the Class 10 results will be declared on May 11, 2024, accessible on the official website, gseb.org. This announcement was made by GSEB Chairman Banchha Nidhi Pani during the press conference held for the declaration of the GSEB HSC 12th Science Results 2024. Anticipation for Results

₹250. It is important to note that the applicants must submit the application fee first, and then they enter payment reference ID, qualifying examination hall ticket number, mobile number, and date of birth before proceeding to fill out the TS EDCET 2024 application form.

CGBSE Class 12 Toppers List:

Marcy Venture Partners, the firm co-founded by hip-hop star Shawn “Jay-Z” Carter, is in advanced talks to merge with the investment arm of Pendulum Holdings, according to people familiar with the matter.