MET Financial News

Liberty Media, owner of Formula One Group, is confirming that it is under investigation by the Justice Department for denying Andretti Global entry into the Formula 1 World Championship

Canada is taking initial steps to limit businesses’ use of a program that allows them to bring in temporary foreign workers after it exploded in size, sparking allegations of fraud and exploitation.

rising unemployment, among other issues. Sheikh Hasina, the daughter of Bangladesh's founding leader Sheikh Mujibur Rahman, has been in power consistently since 2009: a period that also marked the country’s economic transformation and political stability. However, Bangladesh’s economic turnaround met with mass political unrest as Hasina’s governance began appearing dictatorial and elections were seen internationally as a mere formality.

Vinesh Phogat on Wednesday was disqualified from Paris Olympics' 50 Kg wrestling category for being overwieght by 100 grams. A statement released by the Indian Olympic contingent revealed that 29-year-old Phogat's disqualification was triggered by a slight uptick in the body weight. «It is with regret that the Indian contingent shares news of the disqualification of Vinesh Phogat from the Women's Wrestling 50 kg class. Despite the best efforts by the team through the night, she weighed in a few grams over 50 kg this morning. No further comments will be made by the contingent at this time. The Indian team requests you respect Vinesh's privacy. It would like to focus on the competitions on hand,» the Indian Olympics contingent said.

Amritsari kulche Amritsar Lok Sabha MP Gurjeet Singh Aujla recently got special Chhole Kulche delivered from Amritsar by Shatabdi Express and invited MPs for lunch in Parliament complex. Several parliamentarians from different parties were seen rushing to relish the taste of the special dish. Charcha begins with ‘tilak’ and continues Khagaria Lok Sabha MP Rajesh Verma recently met SP’s Rajya Sabha MP Jaya Bachchan in MPs’ canteen in Parliament complex. They broke into conversation when Bachchan asked him about the ‘tilak’ on his forehead. Verma said he does it because of his religious belief. Bachchan then asked about his constituency and he spoke about Khagaria. Verma is an MP from LJP (Ram Vilas). His party leader and Union minister Chirag Paswan also wears a similar ‘tilak’.

Sheikh Hasina fled Bangladesh for India on Monday seemingly just ahead of protesters storming their way into the Prime Minister's residence in Dhaka as month-long protests led by students over job quotas boiled over into an uprising. As many as 300 people have been killed since the protest began in July. A plane carrying Hasina, 76, landed at the Hindon Indian Air Force base just outside the capital as New Delhi worked out a safe passage for its long-standing ally in the region. Her final destination isn't clear. While some reports said she may go into exile in London, there is a possibility that she might depart for a destination in eastern or southern Europe. Belarus may be one of the possible destinations. Back in Dhaka, the country's army chief General Waker-Uz-Zaman said on state television that, with Sheikh Hasina having resigned, the military would form a caretaker government, following meetings with political parties.

RJD leader Tejashwi Yadav on Monday alleged that the proposed amendments to the Wakf Act were in line with the BJP's politics of «polarisation» along religious lines. The former Bihar deputy chief minister, who is now the Leader of the Opposition in the state assembly, also questioned the Centre's reluctance to place in Constitution's ninth schedule the legislations, struck down by the Patna High Court, by which quotas for deprived castes had been hiked in the state. «The Union government seems to have no interest in working for the poor. This is a reflection on the ruling BJP at the Centre, which believes in the politics ofte polarisation,» Yadav told reporters. He was responding to queries about proposed amendments to the Wakf Act, which have met with stiff opposition from parties like Hyderabad MP Asaduddin Owaisi's AIMIM, and drawn flak from constituents of the INDIA bloc.

Samajwadi Party, Pathak also alleged that hooliganism and anarchy are in the DNA of the SP. The party last week had called for the DNA testing of the accused. Pathak, while reacting to SP Chief Akhilesh Yadav urging the court to order protection for the Ayodhya rape survivor considering the «sensitivity» of the case, said, «The culprits of the Ayodhya rape case will get such a harsh punishment, even their (future) generations will remember it.» Police on July 30 arrested Moid Khan, who runs a bakery in Bhadarsa Nagar of Ayodhya district, and his employee Raju Khan, in connection with the minor's rape.

debt-ridden Reliance Capital (RCAP) has filed an affidavit with NCLT, accusing IIHL of non-compliance as the Hinduja Group firm failed to meet the conditions set by the tribunal in a July 23 order. The administrator, in its affidavit seen by PTI, informed NCLT that instead of depositing Rs 2,750 crore in the designated escrow accounts of the Committee of Creditors (CoC) in India and abroad, IndusInd International Holdings Ltd (IIHL) has deposited the money in its own accounts as well as the promoters' accounts. However, IIHL in a separate affidavit had said it has funds and the same will be transferred once the escrow account is in place which has conditions listed out. For opening any escrow account, there are terms and conditions which are based on an agreement signed bilaterally and if the terms and conditions are met or not met, the trustee decides the fate of funds accordingly, an IIHL spokesperson said.

Ayodhya gang-rape victim has alleged that some people are asking her to reach a compromise in the case, a Bahujan Samaj Party leader has claimed. Vishwanath Pal said that the woman made the allegation after a delegation of the party visited her house. «A delegation of the BSP met the family of the girl in her village on Saturday. The mother of the girl told the delegation that some people were asking her to make a compromise in the case. We assured her that justice will be done and she should not come under pressure or threat of anyone,» Pal, the BSP state president, told PTI Videos in Ayodhya. He said that the delegation also visited the women's hospital where the 12-year-old girl is undergoing treatment and talked to the hospital superintendent regarding her health.

Uttar Pradesh Minister and Nishad Party chief Sanjay Nishad lashed out at the Samajwadi Party (SP) for remaining silent on the rape of a minor girl in Ayodhya and accused the party of attempting to 'protect' SP leader Moeed Khan, who is the main accused in the case. Speaking to the media on Saturday, Sanjay Nishad said, «Akhilesh Yadav's PDA is a lie. Those who raise the slogans of PDA and feel proud of the fact that they won in Ayodhya, it seems that they have won with the help of these criminals. They are protecting the criminal, neither they are expelling him from the party nor saying anything against the accused.» «Today, I have raised this issue in the House and till date I make sure that he gets hanged, I will stand by the victim. I thank the UP Chief Minister Yogi Adityanath that he has taken cognizance and action in the case. I just hope that how I can protect my community,» he added.

Attorneys for Elon Musk and Tesla’s corporate directors are asking a Delaware judge to vacate her ruling requiring the company to rescind a massive pay package for Musk

Mizoram Chief Minister Lalduhoma met Minister of DoNER Jyotiraditya Scindia and discussed enhancing the yield of oil palm farmers per hectare. They met in New Delhi they discussed enhancing the yield of oil palm farmers per hectare by addressing their needs and establishing a Samadhan Centre in Mizoram.

Congress leader Jairam Ramesh on Friday submitted a notice to move a privilege motion against Union Home Minister Amit Shah, alleging that he «misled» the Rajya Sabha by his emphatic statements on early warnings issued by the Centre to the Kerala government ahead of the Wayanad landslides «which have been proven to be false». Ramesh, who is the Congress' chief whip in the Rajya Sabha, said in his letter to Chairman Jagdeep Dhankhar that in his response to a Calling Attention on the Wayanad landslides in the Rajya Sabha on July 31, 2024, the home minister made several claims on early warning systems and how they were not utilized by the Kerala government inspite of alerts issued by the Union government well ahead of the tragedy. «These claims have been extensively fact-checked in the media. One such detailed fact-check published in The Hindu dated August 2, 2024 is attached,» Ramesh said in his letter, which was also signed by Congress' deputy leader in the House Pramod Tiwari and senior leader Digvijaya Singh.

government has assured to look into the demands of 78 lakh pensioners seeking a minimum monthly pension of Rs 7,500, the EPS-95 National Agitation Committee (NAC) said on Friday. In a statement, the pensioners' body said that Union Minister for Labour and Employment Mansukh Mandaviya met with its representatives and assured them that the government would take necessary steps to address their demand. The meeting took place following a protest organised by members of the EPS-95 National Agitation Committee in the national capital on Wednesday. The members coming from various locations of the country have protested against the government here and demanded a higher pension instead of an average monthly pension of only Rs 1,450, the body said adding that there are around 3.6 million pensioners who are getting even less than Rs 1,000 as pension per month.

While evaluating Dixon Technologies recently, I realised that even the slightest slowdown in growth could deliver a huge blow to the stock’s valuation. A price-to-earnings ratio of 200 means that if you were to buy 100% of the company's shares, it would take 200 years for you to earn back your initial investment through its profits. Dixon is not the only Indian stock that’s soaked in excess liquidity in recent months.

Read this | Coal India: A diamond in the rough? The change in accounting policy pertains to stripping activity or overburden removal, with related provisions being written back to the income statement. This reclassification has led to a significant revision in earnings estimates. “On the basis of our operational forecasts as well as incorporating the revised accounting policy for stripping cost, our Ebitda and EPS estimates increase by 15% and 14% respectively, for FY25," said analysts at Emkay Global Financial Services.

Companies reward shareholders by way of dividend payment or share buybacks. Both are done from tax-paid reserves and company profits. Such payments are also used as tools of wealth distribution and efficient allocation of capital.

Sunil Dahiya, a South Asia analyst at CREA, said, “This ongoing issue highlights the need for stronger regulations and a focus on reducing emissions. Using better technology and data can help control pollution.” He added, “India’s standards are more lenient than WHO’s, which can lead to long-term exposure to harmful particles. Research shows that even short-term exposure to PM2.5 in India poses significant health risks, suggesting that air quality standards need to be updated to better align with international guidelines to prevent diseases.”

In a statement published on X, formerly Twitter, on Wednesday (31 July), the chief executive of Pershing Square said the firm had withdrawn the initial public offering — just days before it was due to begin trading on the New York Stock Exchange.  Ackman had already scaled back the IPO plans, dropping the fund's fundraising target from $25bn to $2bn after a crucial investor pulled its backing. Pershing Square Holdings manager slashes performance fee as Ackman eyes US launch «Over the last seven weeks, we have met with many institutions and family offices, and held numerous town...

RBI) and muted expenditure during the general election.