MET Financial News

India's new Permanent Representative to the UN Ambassador Parvathaneni Harish assured the country's commitment to reformed "multilateralism" and «revitalisation» of the UN as he presented his credentials to UN chief Antonio Guterres.

Spanish Prime Minister Pedro Sánchez has met with Chinese President Xi Jinping and other top officials during his second trip to China in a year and a half that comes during a spat over electric cars

While skipper Rohit Sharma will take charge of the squad from the front, the key highlight would be Pant who will return to the Indian Test squad after nearly 20 months for the two-match series against Bangladesh. Having played in the second and final Test against Bangladesh at Mirpur from December 22-25, 2022, Pant met a road accident a few days later on December 30 and made his return to top-flight cricket only in IPL this year. The 26-year-old swashbuckling batter returned to the national side in their title-winning campaign in the T20 World Cup.

Parliament security breach accused wanted to discredit India's democracy, gain instant global fame, usurp power and achieve «richness and glory» by targeting the «very symbol of democracy», according to the chargesheet filed in the court by Delhi Police. The accused first met on social media and planned their move for nearly two years before executing it last year on the anniversary of the 2001 Parliament attack. According to the chargesheet, a source said, their first in-person meeting was held in February, 2022 at Mysuru. Citing from the chargesheet, sources told PTI, that in total they held five meetings in Mysuru, Gurugram and Delhi to decided finalise their plan and arrive at a modus operandi. The chargesheet, spread over 1,000 pages, was filed before the Patiala House Court in June and the court took its cognisance last month. A supplementary was filed in July.

Vinesh Phogat and Bajrang Punia, with both players expected to be relieved «as early as possible,» railway sources said on Sunday. Both Punia and Phogat recently joined the Congress and the latter has been given a ticket to contest election from Julana assembly constituency in Haryana. «The provision of serving three-month notice period after resigning by a railway employee will not come in the way of relieving these two players as we have decided to relax the norm in their cases,» a senior railway official told PTI. Railways sources said both the players «will be relieved possibly today or as early as possible.»

India is set to host the crown prince of Abu Dhabi, Sheikh Khaled bin Mohammed bin Zayed Al Nahyan, early next week as it seeks to cultivate the next generation leadership in the key Gulf state. Sheikh Khaled, the eldest son of UAE President Sheikh Mohammed bin Zayed, has been groomed for leadership through his membership of the Abu Dhabi Executive Council and the main national security body since 2016. In 2016, he was appointed head of national security. In January 2017, he was named the deputy national security adviser. In March 2023, he was appointed as the crown prince of Abu Dhabi, which holds the president's post since the creation of the UAE.

Citing sources, ET Now reported that only a small number of FPIs will likely be impacted by SEBI's September 9 deadline on UBO norms. The report stated that non-compliant FPIs can continue beyond September 9 by paying a 5% penalty.

Sebi officers across grades protested Thursday at the headquarters of the capital markets regulator in Mumbai’s financial nerve centre, demanding the resignation of chairperson Madhabi Puri Buch while also seeking withdrawal of the organization’s media statement that described their letter to the Centre as a likely fallout of instigation by unidentified ‘external elements’. The silent protest held within the premises of Sebi Bhavan, in Bandra Kurla Complex, lasted for one and a half hours. This is the second silent protest by the officers this year after their complaints about HR issues to the top management went unheard. The first protest—a 15-minute sit-in — was held on August 5, a day before the employees sent their complaint to the finance ministry.

Ashwini Vaishnaw met Japan's Minister for Digital Transformation Taro Kono and discussed avenues to strengthen digital ties between the two countries. In a post on X (formerly Twitter), Vaishnaw — is the Minister for IT, Information and Broadcasting (I&B), and Railways — said the discussions focused on exploring avenues for collaboration and innovation in the digital landscape, particularly on futuristic technological advancements. «Met with H.E. Mr. Taro Kono, Minister for Digital Transformation of Japan, to discuss strengthening India-Japan digital ties. Explored avenues for collaboration and innovation in the digital landscape, focusing on futuristic technological advancements,» Vaishnaw wrote in the post as he held a series of high-level meetings in Japan.

Gisele’s testimony was heart-wrenching. She told the court, «My life was in danger, but not one second did anyone stop. Lucky I didn't catch it. But not once did Mr. Pelicot say to himself, 'I've gone too far'. He showed no pity, no pity at all.» The trial also involved excerpts from a book by Gisele’s daughter, Caroline Darian, titled And I Stopped Calling You Daddy. The book reveals that Dominique allegedly instructed his wife’s attackers to forgo protection during the assaults.

Israel's Foreign Minister met on Thursday with the visiting Romanian Foreign Minister, Luminita Odobescu. Katz said he thanked Odobescu for her continued support after the October 7 Hamas terror massacre and for Israel's efforts to free all the hostages. He also told Odobescu that Israel's war is «the war of the entire Western world against the Iranian axis of evil and its proxies.»

IRDAI) has introduced new regulations that change how premiums are collected for both life and health insurance policies, particularly those requiring medical examinations. Under the new rules, insurers are no longer allowed to collect the initial premium along with the proposal form unless the policy can be issued immediately based on a declaration of good health. The regulator's move will prevent customer money from sitting idle with insurance companies until a policy is issued, or to avoid complications with refunding premiums if the proposal is rejected or additional requirements are not met. For policies requiring medical checks, insurers will now review and accept the proposal before collecting the premium. As a result, distributors will need to visit customers twice — first to collect necessary documents and then to collect the premium after insurer approval.

A New Jersey real estate developer convicted alongside Democratic Sen. Bob Menendez has pleaded guilty to a separate bank fraud charge

MEA), Jaideep Mazumdar, said on Thursday that the two nations complement each other and need each other to develop further. While addressing a special briefing on PM Modi's visit to Singapore, Mazumdar said that India and Singapore have «strong relations» and have frequent exchanges between military establishments, navies and air forces. Mazumdar said, «We have a very multidimensional relationship. We have very strong relations in the defence side as well, where we do joint exercises together. We have very frequent exchanges between our military establishments, between our navies, our air forces, our leaderships of all three services interact very frequently. We have ship visits, we exchange domain awareness information.»

Serbia's deputy prime minister has met with Russian President Vladimir Putin and vowed that his country will remain an ally of Moscow despite its proclaimed bid to join the European Union

incentives for companies that have exceeded production, sales, and export targets of mobile phones every financial year under the mobile phone production-linked incentive (PLI) scheme, sources told ET. A senior government official told ET that some companies have consistently met their production, sales and export targets under the PLI scheme and have sought additional incentives due to them as soon as possible as a “good faith” measure. “The decision on disbursement on production above the ceiling limit is pending at the empowered committee level. We are looking at how to approach this issue best and hope to arrive at a solution soon,” an official said.

The leaders of South Korea and New Zealand have strongly condemned the deepening military ties between North Korea and Russia

Vinesh Phogat on Wednesday met Congress leader Rahul Gandhi in Haryana amid rumours of her joining the party ahead of the Assembly elections in the state. Tokyo Olympic bronze medalist Bajrang Punia also met the Leader of Opposition. The Congress on Tuesday had said that it would provide clarity on fielding Phogat for the Haryana elections after an AICC central election committee on Monday. Sources said the CEC meeting cleared 34 of the 49 names that it discussed.

NRI) who has filed an income tax return (ITR) while claiming relief for income tax and double taxation, it's important to follow additional procedures. Failure to do so could lead to rejection of your claim by the tax department. If your claim for double taxation relief is rejected, you'll be impacted in two ways. First, you'll have to pay income tax according to the laws of the foreign country where you're a resident. Second, you'll also have to pay income tax in India. To save NRIs from this trouble, the Indian government has signed a Double Tax Avoidance Agreement (DTAA) with more than 90 countries including USA, the UK, Korea and Taiwan.

Salvagers have abandoned an effort to tow away a burning oil tanker in the Red Sea targeted by Yemen’s Houthi rebels

The National Financial Reporting Authority (NFRA) has proposed a revision of accounting rule SA600 so that a parent company’s auditor would be held responsible for the work of the auditor of a subsidiary. The idea has met with resistance. The Institute of Chartered Accountants of India (ICAI) has flagged its concern that it could weaken smaller chartered accountancy firms and lead to greater market dominance by a few big ones.