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Tamil Nadu's ruling DMK alleged on Saturday and wondered how such a test could be conducted without defects. The Dravidian party's official organ, 'Murasoli,' in an editorial argued yet again against the test and referred to 'news reports' that a high level committee of experts has submitted a 'report' to the Centre to hold the national test online to prevent irregularities. «The exam, NEET by itself is an irregularity. How an irregular exam can be conducted without irregularity?» the editorial dated November 2, 2024 asked.

TORONTO — Canadians now have a single place to appeal banking issues after the federal government’s simplification of the system took effect Friday.

Indian carmakers reported a surge in sports utility vehicle sales to dealers in the festive month of October, company data showed on Friday, while the small-car segment stayed sluggish, highlighting customers' increasing preference for larger, premium cars. Maruti Suzuki, India's No. 1 carmaker in terms of market share, posted a 19.4% rise in SUV sales to hit a record high, while No. 2 SUV-maker Mahindra and Mahindra posted its highest monthly sales in the current fiscal year, a 25% rise.

In a recent move to tighten regulations in the mutual fund industry, the Securities and Exchange Board of India (Sebi) has issued a consultation paper proposing stricter guidelines for deploying funds collected through new fund offers (NFOs) by asset management companies (AMCs). 

JPMorgan Chase will pay $151 million to settle five U.S. Securities and Exchange Commission enforcement cases, including accusations that the largest U.S. bank made misleading disclosures to brokerage customers, the regulator said on Thursday. The settlements include $61 million of civil fines and $90 million of reimbursements to customers. JPMorgan did not admit or deny wrongdoing in agreeing to the settlements. «JPMorgan's conduct across multiple business lines violated various laws designed to protect investors from the risks of self-dealing and conflicts of interest,» Sanjay Wadhwa, acting director of the SEC enforcement division, said in a statement.

The RCMP is warning parents to stay vigilant this Halloween after a needle was recently found in candy at a Newfoundland trick-or-treat event, and illegal cannabis-laced treats, disguised to look like popular brands, were discovered on Vancouver Island.

Chinese online retailer Temu is facing a European Union investigation over suspicions it’s failing to prevent the sale of illegal products

Equity markets will remain closed on Friday on account of Diwali. However, exchanges will conduct a special Muhurat Trading session for an hour between 6:00 pm and 7:00 pm. Muhurat Trading is a special one-hour trading session held on the occasion of Diwali, marking the beginning of the Hindu calendar year, Samvat 2081.

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Subscribe to enjoy similar stories. NEW DELHI : India's anti-trust regulator has set up an internal committee to recommend a set of norms on ‘conflict of interest’ for officials, according to two persons aware of the development. Once the draft regulations are ready, the Competition Commission of India (CCI) is likely to seek public comments before implementing it, one of the persons said on the condition of anonymity.

Sebi) has proposed that asset management companies must deploy funds collected through new fund offers (NFOs) within 30 days from the date of allotment of units. In exceptional cases, if the fund house is not able to deploy the funds within this timeframe then it should give the reasons in writing to the investment committee. The committee may extend the timeline by 30 days, while also making recommendations on how to ensure deployment within this timeframe and monitoring it.

Mayonnaise ban in Telangana: The government of Telangana has taken a significant step to protect public health by banning mayonnaise prepared from raw eggs in the state. This decision follows several alarming instances of food poisoning linked to the consumption of this popular condiment, as per news agency PTI.

outsourcing of staff and exam centres, holding maximum entrance exams online and capping the number of attempts in major entrances are among the measures being contemplated by a high-level panel set up by the Centre to review functioning of National Testing Agency (NTA). The Centre had on October 21 sought two weeks time from the Supreme Court to submit the final report of the panel led by former ISRO chief R Radhakrishnan. «The report is almost ready. Several recommendations are being made to streamline the functioning of NTA and the conduct of major entrance exams in the country,» a source said. Among the recommendations that the panel is likely to make are reducing offline exams or opting for hybrid exams where switching to online mode completely is not feasible; capping the number of attempts in major exams including medical entrance NEET and reducing the role of outsourced staff and centres to ensure sanctity of exams is not affected.

Sebi) has released a consultation paper specifying the timelines for deployment of funds collected by asset management companies (AMCs) in new fund offer (NFO) as per asset allocation of the scheme within 30 business days. According to Sebi, the AMCs should specify achievable timelines in the SID regarding the deployment of the funds as per the specified asset allocation of the scheme and should garner funds during the NFO accordingly. The AMCs may be mandated to deploy the funds garnered in NFO within the said period from the date of allotment of units. In case if an AMC is not able to deploy the funds in 30 business days, it has to give the reasons in writing, including details of efforts taken to deploy the funds, and this should be placed before the Investment Committee.

A New York City judge has ruled that a law the city has relied on to padlock suspected unlicensed marijuana shops is unconstitutional

equity mutual funds have offered over 30% CAGR in the last three years, based on daily rolling returns. ET Mutual Funds examined the daily rolling returns of 221 equity schemes that have been in the market for the past three years. The top two schemes on the list were from the small-cap category. Quant Small Cap Fund and Nippon India Small Cap Fund delivered 43.87% and 35.43% CAGR, respectively, based on daily rolling returns over the last three years.

Diwali 2024, an auspicious celebration for Hindus worldwide, will be observed with great enthusiasm both in India and in communities around the globe, including the United States. This festival of lights will be marked by gatherings in community centers, temples, and homes, where families and friends come together to celebrate with traditional sweets, music, and cultural performances. Observed on the 15th day of the month of Kartik in the Hindu lunisolar calendar, Diwali typically falls in October or November. This year, Diwali will be celebrated on Thursday, October 31, 2024. This day commemorates the return of Lord Rama and Mata Sita to Ayodhya after vanquishing the demon king Ravana, symbolizing the triumph of good over evil and marking the end of their 14-year exile.

Prestige Estates Projects shares will be in focus after the firm reported a steep 77.4% year-on-year (YoY) decline in net profit to Rs 192.2 crore for the second quarter, driven primarily by a Rs 106 crore deferred tax impact linked to recent changes in the tax code, including the removal of indexation benefits on capital gains. The company’s revenue, however, edged up by 3% to Rs 2,304.4 crore from Rs 2,236.4 crore in the same quarter last year, highlighting consistent top-line growth despite broader headwinds.

Marico, while JP Morgan has retained its neutral view on CONCOR. Meanwhile, UBS has buy ratings on both Maruti and Cipla. We have collated a list of recommendations from top brokerage firms from ET Now and other sources:

The Nifty future closed positive with gains of 0.50% at 24,470 levels on Tuesday.