Testing Financial News

CBI was conducting searches at seven location in Gujarat in the NEET-UG paper leak case, officials said on Saturday. They said the operation began in the morning at the premises of suspects spread across four districts — Anand, Kheda, Ahmedabad and Godhra. The Central Bureau of Investigation (CBI) on Friday arrested the principal and the vice-principal of a school in Jharkhand's Hazaribagh and a journalist of a Hindi newspaper in connection with the National-Eligibility-cum-Entrance Test — Undergraduate (NEET-UG) paper leak, officials had said. Ehsanul Haque, the principal of Oasis School, was made the city coordinator of Hazaribagh for the medical entrance exam conducted by the National Testing Agency (NTA) on May 5, they said.

highest team total in women's Test cricket on day two of the one-off Test against South Africa, surpassing the previous best of 575/9 set by Australia. Australia had posted the total in Perth this February but India achieved the new record when Richa Ghosh hammered a four in the opening ball of the 109th over bowled by Annerie Dercksen. Much of the credit for the feat goes to Indian openers — Shafali Verma (205) and Smriti Mandhana (149) — who shared an iconic stand of 292 — the highest opening partnership in women's cricket. It has also been well aided by Jemimah Rodrigues (55) along with skipper Harmanpreet Kaur and Richa, who are currently unbeaten past their respective half-centuries.

NASA has announced an extension of astronauts Butch Wilmore and Sunita Williams' mission aboard Boeing's Starliner capsule, launched on June 5. This decision follows technical issues that have delayed their return from the International Space Station (ISS), prompting ongoing evaluations and ground testing. Nasa's commercial crew program manager, Steve Stich, emphasised that the astronauts are safe and in no rush to return, saying, «We're not in any rush to come home.» The official mentioned that the duo is having a pleasant stay aboard the space station. He said, «enjoying their time on the space station,» and further added, «our plan is to continue to return them on Starliner and return them home at the right time.»

player survey has revealed that the T20 World Cup is closing the gap in the race to become the «most important» ICC event to players around the world, marking a shift from the dominance of the ODI World Cup. According to a survey conducted by the World Cricketers Association (WCA), formerly FICA, an overwhelming 85 percent of players viewed the 50-over World Cup as the most important in 2019, compared to 15 percent for the T20 World Cup. In 2024 however, those figures have changed with 50 percent of the players considering the ODI showpiece as the most important and 35 percent favouring its T20 equivalent. The ongoing edition of the T20 World Cup, jointly hosted by the USA and West Indies, will conclude with the title clash between India and South Africa in Barbados on Saturday.

India head coach Rahul Dravid heaped praise on his team's consistency in making three finals of ICC tournaments, and this time, he is hopeful that luck stays on their side and they emerge victorious after falling short twice. In just about a year, the duo of Dravid and skipper Rohit Sharma will play their third final of an ICC tournament. Australia was present on both occasions to inflict heartbreak in the ODI World Cup and World Test Championship. But this time, as they look to find the perfect ending, India made sure that Australia wouldn't be there to spoil the party.

Banks across the country have been put on alert amid tip-offs received by the regulator on possible cyberattacks. They have been told to proactively monitor their systems for threat detection on a 24/7 basis. «In the light of credible threat intelligence received regarding potential cyberattacks, regulated entities are advised to put in place enhanced state of surveillance and resilience capabilities to guard against these threats,» said an advisory issued by the Reserve Bank of India to financial institutions on June 24.

In this article

NASA says two astronauts will stay in space longer to continue troubleshooting Boeing’s capsule

National Testing Agency today announced new dates for UGC NET June session. In a notification, it said, «This is to inform all concerned candidates that due to certain unavoidable circumstances, some of the National Testing Agency (NTA) examinations were postponed/cancelled. Now, the fresh dates for these examinations have been finalized.»

Tamil Nadu assembly on Friday unanimously passed a resolution against the National Eligibility-cum-Entrance Test and urged the Union government to scrap the test. The resolution called for state governments to be allowed to undertake medical admissions based on class 12 marks, as was done before NEET was introduced. The resolution was introduced by chief minister MK Stalin. The resolution was passed with support from legislators from the ruling alliance parties, including MMK, DMDK, TVK and the CPI(M), as well as PMK, amid a boycott by BJP. The resolution also nudged the Union government to approve a bill passed by the House in 2022 seeking exemption from NEET for students from the state. Abolition of NEET has also been one of MK Stalin's and the DMK's election promises.

AI-generated code. OpenAI revealed that in testing, individuals who used CriticGPT to review code generated by ChatGPT performed better 60 per cent of the time compared to those who did not use the model. The research findings have been documented in a recently published paper.The RLHF framework involves human evaluators, known as AI trainers, providing feedback on the AI's performance to help adjust and enhance the model's behavior.

Lionsgate has released the first trailer for "Flight Risk," a suspense thriller starring Mark Wahlberg and directed by Mel Gibson. The film will be released in theaters on October 18.

CBI on Friday arrested the principal and vice principal of a school in Jharkhand's Hazaribagh in connection with the NEET-UG paper leak case, officials said. Ehsanul Haque, the principal of Oasis School, was made the city coordinator of Hazaribagh for the medical entrance exam conducted by the National Testing Agency (NTA) on May 5, they said. Vice Principal Imtiaz Alam was designated as the NTA's observer and the centre coordinator at the Oasis School, officials said, adding the CBI is also questioning five more people from the district in connection with the paper leak case. The federal probe agency arrested Haque and Alam after detailed questioning, they said.

Telecom Regulatory Authority of India (Trai) Friday said the amendments to mobile number portability (MNP) regulations to curb SIM swap and replacement frauds will come into effect from July 1. «The Telecom Regulatory Authority of India (TRAI), on 14th March, 2024, issued the Telecommunication Mobile Number Portability (Ninth amendment) Regulations, 2024, which will come into force on 1st July, 2024,» TRAI said. The regulator had notified the amendment in March 2024, after consulting stakeholders. The amendment adds an additional criterion for rejecting generation of the Unique Porting Code (UPC) required to port a SIM card to a different telecom service provider.

Indian equity closed on a lower note on Friday after reaching record high levels in the early hours. The NSE Nifty 50 hit a new all-time high of 24,174, surpassing the psychological level of 24,150. However, the index later closed 34 points or 0.14% lower, than its previous close, at 24,011. 

The city of Varanasi has launched a global call for innovators as part of the Toyota Mobility Foundation’s $9m Sustainable Cities Challenge. The initiative aims to find data-driven solutions to enhance the safety and accessibility in the city for the millions of pilgrims who visit every year. 

The NTA reform panel has initiated a call for suggestions from stakeholders, including students and parents, regarding examination reforms, setting a deadline of July 7. This move follows the establishment of a high-level committee comprising seven experts tasked with ensuring the transparent, smooth, and fair conduct of examinations. The decision to form this expert panel comes amidst recent controversies surrounding the National Eligibility cum Entrance Test (NEET) 2024.

Independent credit ratings provider S&P Global Ratings has joined the Monetary Authority of Singapore’s Project Guardian to explore asset tokenization.

Lok Sabha has been adjourned till Monday amid an uproar in the House as the opposition demanded a discussion on the alleged irregularities in the conduct of the medical entrance exam NEET. As soon as the House met, opposition members were on their feet seeking the acceptance of an adjournment motion to suspend all business and discuss matters related to the National Eligibility cum Entrance Test (NEET). Leader of Opposition Rahul Gandhi said the NEET issue is a very important issue for the whole country and they want a dedicated discussion in the House on the matter. Hence, the adjournment motion should be accepted, he said.

Going by the Reserve Bank of India’s (RBI) latest Financial Stability Report released on Thursday, banks are nice and stable. Bad loans as a proportion of overall loans are at multi-year lows, with their gross ratio standing at 2.8% in March 2024, which could decline further to 2.5% by March next. Their capital buffers have been well over regulatory minimums, and tests show they would be adequate in stress scenarios.

banks are well capitalised and capable of absorbing macroeconomic shocks, with lenders likely to report higher-than-required capital ratios even under the most severe stress scenarios, the Reserve Bank of India (RBI) said. «Under the baseline scenario, the aggregate CRAR (capital to risk weighted asset ratio) of 46 major banks is projected to slip from 16.7% in March 2024 to 16.1% by March 2025,» the RBI said in its June 2024 Financial Stability Report.