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The Consumer Product Safety Commission has ordered a recall of toys sold at Walmart

By Davide Barbuscia

NEW DELHI : Audit watchdog National Financial Reporting Authority (NFRA) on Friday alleged that leading audit firm Walker Chandiok & Co. LLP was directly or indirectly related to some of the Grant Thornton entities, and that it offered prohibited non-audit services to audit clients in two instances. In an order issued after an inspection of Walker Chandiok & Co, NFRA said that firm has also failed in some of the norms relating to client acceptance and continuance.

Labour Codes and align them with the ones notified by the union labour ministry to minimise divergence and any possible legal issues after the roll out of codes. A senior government official told ET that the Centre will reach out to all states and deliberate with them about their rules under each code to ensure they are not in conflict with central rules. The move follows a recent study by the VV Giri National Labour Institute, an autonomous body under the ministry of labour and employment, which highlighted wide divergence in the rules, not only between the central and states and union territories but also among the states. For example, the central rule provides for the spread over of 12 hours a day while Assam and Kerala restrict the spread over to ten-and-a-half hours a day.

By Lewis Krauskopf

By Jonathan Stempel

Indian film industry, in general and for Bollywood in particular, with four Hindi films crossing ₹500 crore each in box-office earnings and the gross box-office collections projected to touch a new high of ₹12,000 crore. Bollywood's resurgence has been driven by diverse content offerings, innovative marketing, and pent-up demand among audiences for experiencing movies on the big screen notwithstanding the rise of streaming platforms, industry executives and experts said. While star-studded films like Gadar 2, Pathaan and Animal did send the cash registers ringing, mid-budget films such as 12th Fail and Sam Bahadur have performed reasonably well. After a challenging 2022, Bollywood delivered four films — Gadar 2, Pathaan, Jawan, and Animal — with box-office earnings of over ₹500 crore. In 2022, the gross box-office collection of ₹10,637 crore was driven largely by South Indian films KGF: Chapter 2, RRR and Kantara, according to a report of consultancy firm GroupM-Ormax Media.

Indian banks have shrugged off exceptional monetary tightening in advanced economies, domestic rate hikes, wars and volatile commodity prices. Their notional losses in a major portfolio of securities are at a level to comfortably ward off the kind of threats that sank a few US banks in March 2023. «The notional loss in the HTM (held-to-maturity) book of scheduled commercial banks declined marginally to ₹70,497 crore as at end September 2023 as compared to a notional loss of ₹71,817 crore as at end March 2023,» the Reserve Bank of India said in its December 2023 Financial Stability Report. RBI's assessment of notional losses in the HTM portfolio — which it started publishing recently — assumes significance in light of the collapse of the Silicon Valley Bank and a few other US-based lenders in March 2023, stressed by huge losses incurred on holdings of American bonds. «If you look at the core capital of public sector banks, in our estimate, that is close to around ₹8 lakh crore.

Hafiz Saeed, Pakistan's Ministry of Foreign Affairs spokesperson Mumtaz Zahra Baloch said on Friday. But she said that no bilateral extradition treaty exists between India and Pakistan.

Gaza Strip, with nearly 200 people reported killed in the past 24 hours of air strikes and artillery barrages on the shattered enclave. Israeli warplanes attacking the south of Gaza flattened homes and buried families as they slept, residents said.

United States Armed Forces will be honored on 11th November, Monday to commemorate Veterans Day. Millions of Americans, celebrate 11th November by taking an off on that day, for celebrating the soldiers. It is called as the “Armistice Day”. This year, the holiday is falling during the weekend which means the businesses will be observing it on 10th November, Sunday with the closure of federal and state buildings.

snow in the forecast. The weather system responsible for unleashing near hurricane-force winds and nearly a foot of snow, causing blizzard conditions in the Plains, is now moving southward and eastward, according to reports. Northern California faces a marginal risk of excessive rainfall from Friday to Saturday morning, heightening the potential for flash flooding in areas susceptible to rapid runoff during heavy rain.

COVID-19 were recorded in Maharashtra on Friday, the health department said. The number of patients infected with the JN.1 variant remains at 10. According to the Public Health Department of Maharashtra, 80,23,487 COVID-19 patients have been discharged after full recovery. The recovery rate in the state is 98.18 per cent, while the case fatality rate in the state is 1.81 per cent. Out of 8,76,06,207 laboratory samples, 81,72,533 have tested positive (9.33 per cent) for COVID-19 until today. Since January 1, 2023, 137 COVID-19 deaths have been recorded in Maharashtra.

Congress leadership has lined up a flurry of meetings to activate its Lok Sabha election preparations and seat-sharing talks with the INDIA bloc allies besides firming up the route programmes of Rahul Gandhi's up-coming North-West yatra, during which he is also expected to announce more «Congress guarantees» as the party's welfarist promises for the LS polls, party sources said. The AICC's National Alliance Committee has started meetings with various PCC leadership here to take their formal views/ suggestions on possible alliances formula, based on which the leadership will reach out to various INDIA bloc allies for formal seat-sharing negotiations. It is learnt that when the five-member National Alliance Committee met the West Bengal Congress representative, the state leaders said that for retaining the party's two sitting seats — Berhampore and Malda — the party would not need any prop of alliance as both the seats have been won twice in a row «on the basis of the Congress' own strength.

seat-sharing talks for the Lok Sabha polls in Maharashtra are already showing the fault lines between one key ally and one prospective ally of the Congress humiliating the grand old party leadership in the state. While Vanchit Bahujan Aghadi's Prakash Ambedkar described the state Congress leaders as «donkeys», the Uddhav Balasaheb Thackeray (UBT) faction of Shiv Sena had on Friday said that the state Congress leadership did not matter. «Those who are speaking (in the state Congress) do not have any powers.

Akshata Murty has been named in the list of best dressed men and women in UK for 2023 by The Telegraph’s fashion editors. The list also features British Vogue’s new head of editorial content Chioma Nnadi, Princess of Wales Catherine Middleton, Pamela Anderson, King Charles III, Daniel Craig among others.

Bihar is going to be different this time because of the sheer weight of the caste census politics unleashed and the Domino-effect it is likely to have on the fates of CM Nitish Kumar, the RJD, Left and Congress. The 'Mahagathbandhan' of RJD, JD(U), Congress and the Left is trying to recreate Mandal politics through the census data, with the state government hiking the quota for OBCs, SC and STs up to 65%. Whether the backward castes will bite this bait and vote for the mahagathbandan is still a hazy proposition.

five ideas you might want to consider before investing in this bull run. The surge in markets in the middle of the year was primarily led by small and midcap (smids) stocks. This rally was exciting, yet tenacious — as is the case with any smids stock.

Mint we are constantly trying to evolve and keep up with your needs. We’ve come up with new formats to deliver the news to you. Often it could be explanations dressed up as news.

tweeted, "Earthquake of Magnitude:4.6, Occurred on 29-12-2023, 22:01:19 IST, Lat: 25.14 & Long: 96.54, Depth: 120 Km ,Location: 208km E of Ukhrul, Manipur, India." No casualties have been reported as of yet. Further details are awaited. Earthquake in Manipur came days after tremors jolted Assam on December 27.

MOSCOW (Reuters) — Russia's economy contracted by 1.2% last year, less than the 2.1% decline previously estimated, the state statistics service Rosstat said on Friday.