Prevention Financial News

16.10 / 03:05
Lowe's Waters Southern President country prevention Nervous markets eye Gaza as oil hovers above $90
Hamas. Israel's shekel sank to a nearly eight-year low, after the country's prime minister, Benjamin Netanyahu, vowed to «demolish Hamas» in retaliation for the rampage on Oct. 7 that killed 1,300 people in the worst attack on civilians in Israel's history. U.S.
16.10 / 01:43
Platform Whale reports prevention Tax Report Unveils Hundreds of South Korean Crypto Whales
Data from a new South Korean tax report has revealed details of hundreds of crypto whales with millions of USD worth of coins on overseas crypto exchanges.
16.10 / 01:01
UPS Digital CEO Action TCS testing prevention TCS may grow in single digits this fiscal year: CEO K Krithivasan
Tata Consultancy Services (TCS) may grow in “very moderate single digits” in this fiscal year, according to CEO K Krithivasan who assumed office in June. The 59-year-old executive’s term comes amid one of the most testing years for the IT services industry, which is faced with slowing demand for its offerings worldwide. This could mean that TCS could register its slowest annual growth ever, more so as the first two quarters have been “very muted” and the next two quarters are expected to be seasonally weak for the entire sector, Krithivasan told ET in an interview. Edited excerpts:
15.10 / 21:03
UPS Provident Experts Department prevention Angel Tax: No assessment of startups registered with DPIIT
Central Board of Direct Taxes (CBDT) has clarified to the field formations that assessing officers will not pick up cases for scrutiny for startups registered with the Department for Promotion of Industry and Internal Trades (DPIIT) if the cases are related to the valuation of angel tax. This means startups registered by the DPIIT Start-ups will not face tax verification on account of angel taxation in case they are picked up for scrutiny. There are 99,380 startups recognised by the DPIIT. Besides, in cases where proceedings are auto generated, «contentions of such recognised startup companies on the issues will be summarily accepted». However they may be subject to verification for other taxation issues. The clarification came after a large number of startups received notices related to angel tax valuation during April and May, including those registered with the DPIIT. DPPIT-recognised startups are exempted from section 56 (2) (viib) of the IT Act, which determines angel tax.
15.10 / 18:57
stage gossips prevention bail HC seeks ED stand on Arun Ramchandran Pillai's bail plea
Pillai, the alleged frontman of Bharat Rashtra Samithi leader Kavitha Kalvakuntla, has submitted that he is neither the frontman nor the representative of Kavitha of any liquor cartel allegedly involved in the Delhi liquor excise scandal. According to the Enforcement Directorate (ED), Pillai, a Hyderabad-based businessman and co-accused in the Delhi government's now scrapped excise policy case is Kalvakuntla's «benami» or frontman. In his bail plea filed earlier this month before the Delhi High Court, Pillai has submitted that the entire case made out against him by the ED is solely based on statements of witnesses and co-accused recorded under Section 50 of the Prevention of Money Laundering Act (PMLA). Statements recorded under the said section are admissible in a court of law. Advocate Nitesh Rana, appearing on behalf of Pillai, argued before the high court that the admissibility of such statements is to be examined at the stage of trial.
15.10 / 18:31
UPS country information prevention Assam Rifles arrests Myanmar national in Mizoram, seizes huge cache of drugs, valued at Rs 45 cr
Guwahati: In poll bound Mizoram the Assam Rifles has arrested a Myanmar national and seized a huge cache of drugs, valued at Rs 45 crore from his possession. Assam Rifles personnel, acting on secret information, arrested the Myanmar national and recovered 15 kgs of methamphetamine tablets, valued at Rs 45 crore, from him in Zokawthar area in the border Champhai district on Saturday night. The Election Commission, during its recent visit to Mizoram and subsequently, issued several directives to the Central and state law enforcing agencies to further step up their efforts to prevent smuggling from the neighbouring countries or to seize the illegally imported drugs, contrabands and nab the smugglers.
15.10 / 17:15
Provident Parke Hyundai country reports testing prevention Safety first: Why ADAS cars are the talk of town
NEW DELHI : Earlier this month, carmaker Hyundai announced plans to offer advanced driver assistance systems (ADAS) across its entire product range in India. Why has it become fashionable to talk about ADAS and what is spurring its growth? Mint explains: ADAS uses a system of sensors, cameras and artificial intelligence to enhance a driver’s ability to drive safely and comfortably. Depending on the degree of automation, ADAS is offered in 5 tiers, with tier 5 being fully autonomous driving.
15.10 / 16:53
Provident FIVE NMC information reports prevention medicines Fewer work hours for PG doctors on cards
NEW DELHI : Post-graduate students of medicine will get at least one day a week off and will not have to work more than 48 hours a week, according to new regulations in the works. This is part of the National Medical Commission’s (NMC) attempts to address severe stress and mental health issues among medical students. Currently, many post-graduate students at medical colleges work without a break for as much as 100 hours a week.
15.10 / 16:53
UPS Aware Strategy performer reports prevention PSBs asked to focus on robust risk management practices
New Delhi: The government has asked public sector banks to focus on robust risk management practices and mitigate cyber security risk as part of the three-year strategic roadmap designed for them to further strengthen the sector and prevent build up of bad debts. A review of banks by the finance ministry is expected later this month that will evaluate reform goals of each bank individually and prepare a medium-term strategy to maintain the positive momentum in the banking sector, two persons aware of the development said.
15.10 / 16:25
Provident SEC Action information 2020 reports prevention SEC Charges FTX Auditor Prager Metis Over Independence Violations
On September 29, 2023, the Securities and Exchange Commission (SEC) announced legal charges against the international accounting firm Prager Metis CPAs, LLC and its Californian counterpart, Prager Metis CPAs LLP (jointly referred to as Prager), for alleged violations of auditor independence rules and for supposedly aiding and abetting their clients in breaching federal securities laws. The complaints pointed to improper conduct over approximately three years, from December 2017 to October 2020, during which Prager was alleged to have included indemnification clauses in engagement letters for more than 200 audit-related assignments, thereby compromising its independence as required by federal securities laws.
15.10 / 13:07
Waters Celebrity performer symphony prevention Mysuru Dasara to be unaffected by drought woes: Siddaramaiah
Karnataka's Mysuru Dasara celebrations, said chief minister Siddaramaiah. He, along with deputy CM DK Shivakumar performed a pooja at the Chamundi Hill on Sunday to mark the start of the traditional 10-day Dasara festival in Mysuru. The CM, who represents Varuna constituency of Mysuru in the assembly, said that no effort would be spared in maintaining the pomp and grandeur of the celebration.
15.10 / 11:53
COST Provident Booking reports prevention bail Delhi court denies 'default bail' to Supertech chairman R K Arora in money laundering case
default bail' to R K Arora, the chairman and promoter of real estate major Supertech Group, in a money laundering case. Additional Sessions Judge Devender Kumar Jangala dismissed the application moved by Arora which argued he should be granted bail since the central probe agency had filed an 'incomplete charge sheet' against him.
15.10 / 09:37
President country prevention Rice traders demand flat export duty on parboiled rice
Rice exporters have requested the Centre for a flat export duty of USD 80 per tonne for parboiled rice instead of the current 20 per cent duty to smoothen trade, a top official of the rice exporters' umbrella body said on Sunday. The Indian Rice Exporters Federation (IREF) has also requested the government to reconsider its export ban on white rice which was imposed in July and reduction in the minimum export price for basmati rice to USD 850 per tonne to prevent negative impacts on both export volumes and farmers. On Friday, the government had extended the 20 per cent duty on parboiled rice exports until March 24.
15.10 / 08:17
Provident FIVE prevention South Korea to fine two Hong Kong banks for naked short-selling
SEOUL (Reuters) — South Korea's stock market watchdog said on Sunday it found two Hong Kong-based investment banks had engaged in naked short-selling, which would likely result in record fines.
15.10 / 06:39
Provident Digital Aviat CEO Platform prevention Traffic Assam youths develop AI-driven traffic management platform for drones
drones revolutionise military, commercial and other activities, an imperative need for 'traffic management' of these flying objects has emerged with a start-up by two entrepreneurs from Assam providing solutions for it. Already working with the Indian Air Force for detection and counter-measures of drones, the duo has now come out with an intelligent airspace management platform, which was launched at the 'East Tech 2023', a two-day defence expo which concluded on October 11.
14.10 / 20:25
Maxim Merit Entertainment show country prevention Halloween Candy: Which kind of candies are most unhealthy for your teeth? Here is everything you need to know
Oral health has come a long way in understanding the interplay between genetics and lifestyle choices. With this knowledge, society has set new benchmarks for improving oral health, but myths around Halloween candy consumption still persist. These myths, while entertaining, should be laid to rest for the sake of a science-literate society.
14.10 / 17:51
WhatsApp prevention Floor price for basmati rice exports to remain as govt extends curbs
retail food inflation peaking to 11.51 percent in the preceding month. The restriction, aimed at controlling the domestic food prices, also comes in the run-up to the five-state Assembly elections later this year. The MEP, apart from imposing a minimum price for shipments, also helps to prevent non-basmati rice being exported as basmati rice.
14.10 / 17:05
Death outbreak reports Department prevention infection Violence-hit Manipur now battling dengue and African Swine Fever
Manipur is battling a spike in cases of dengue and Africa Swine Fever (AFS). Till Friday, five people in the northeastern state are suspected to have died due to dengue, as per the state health directorate's latest status report. The report pegged the number of dengue cases at 1,338, the highest figure that the state has recorded in recent times, while the morbidity rate was zero. In 2021, there were only 203 reported cases of dengue in the state while in 2022, it was 503. The State Malaria Officer of the National Vector-Borne Disease Control Programme, S Priyokumar, confirmed the official figures recorded from across the state since January, with Imphal West classified as the worst hit district with 898 cases, including 3 suspected deaths, and Tamenglong, with the two newly formed districts of Pherzawl and Jiribam yet to report any case. According to the status report, Imphal East reported 241, Thoubal 79, Tengnoupal 15, Chandel 4, Senapati 28, Kangpokpi 8, Noney 5, Kakching 13, Ukhrul and Kamjong 1 each. Manipur's Veterinary & Animal Husbandry department has confirmed the outbreak of Africa Swine Fever (AFS) in the state and declared the Pig Farm of the Central Agriculture University (CAU) at Eroisemba, Imphal West District as 'epicentre' of ASF. The department has notified Imphal West District as a controlled area with immediate effect to prevent, control and eradicate the disease.
14.10 / 16:31
Fighting Bill President prevention "We are going to fight for the implementation of Women's Reservation bill," says Sonia Gandhi
Congress president Sonia Gandhi on Saturday asserted the INDIA alliance would fight for the implementation of the Women's Reservation Bill passed recently by the Parliament. Addressing the ruling DMK's Women's rights conference here, she said the late Rajiv Gandhi brought the historic 33 per cent reservation for women in Panchayati raj, the local self-governments which spurred an entirely new phenomenon of women leadership at the grassroots level. It was a vital stepping stone towards the reservation on a similar one thirds of seats in the legislative bodies which the Congress pioneered in Parliament and outside. Now the Women's Reservation Bill has finally been passed due to «our relentless persistence and efforts; of all of us, not just the Congress.» However, «as we all know it is still a long way to come.» She recalled the interventions made in the Parliament by opposition MPs on the actual implementation of the Bill, whether it would be in one year, two or three years. «We have no idea,» she said and added though some men are happy, «we are not, we women are not.» She asserted «we are going to fight,» for the implementation of Women's Reservation Act. The Women's Reservation Bill introduced by the UPA-II was passed by the Rajya Sabha but a lack of consesus prevented it from being passed in the Lok Sabha.
14.10 / 12:37
MET Citizens country travelers prevention evacuation Blinken calls for protection of civilians as Israel prepares for expected assault on Gaza
Antony Blinken called on Saturday for protection for civilians in both the Gaza Strip and Israel as the Israeli military ordered half of the Palestinian territory's population to evacuate in advance of an expected ground assault. Blinken met his Saudi Arabian counterpart, Prince Faisal bin Farhan, in Riyadh as he began a third day of intense Middle East diplomacy aimed at preventing the Israel-Hamas war from expanding into a regional conflict and fuelling a humanitarian crisis.
14.10 / 11:35
Extreme cover information prevention Delhi LG expresses concern over spike in stubble fires in Haryana, Punjab; asks CMs to take remedial measures
V K Saxena has written to the chief ministers of Punjab and Haryana expressing concern over the rise in stubble fires in their states and asked them to take remedial measures to protect the national capital from increased air pollution during winter season. In his letter to Punjab Chief Minister Bhagwant Mann, Saxena said it is «extremely worrisome» that the incidents of stubble burning between September 15 and October 11 have reached 1,063 — 300 more than the figure for the corresponding period last year.

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