FIVE YEAR JAIL TERM
Jail term for delay in giving out ID cards: How compliance overkill mars chemical industry
It is time to do away with the complex and wide-ranging regulatory provisions in the chemical industry if the promising segment, which has a considerable number of MSME players, is to achieve its potential.
Hathras stampede claims woman's life, family searches for her missing five-year-old son
Rajkumari Devi mourns the loss of her sister-in-law Ruby, who died in the Hathras stampede, and is worried about Ruby's missing five-year-old son. Rajkumari, from Unnao, sat beside Ruby's body in an ambulance, expressing grief and frustration, stating, "It's only the poor who meet this fate, not the rich." Ruby and her son were among 60 attendees at a 'satsang' led by 'baba' Narayan Hari. The stampede killed 121 people and left over 2.5 lakh devotees in chaos. Ruby's father, Chhedi Lal, also mourned, noting the family’s devastating losses.
Xi Jinping lauds relevance of Panchsheel to end world conflicts, calls for consolidating Global South
Xi Jinping emphasized the Five Principles of Peaceful Coexistence, proposed the Global Security Initiative, and unveiled initiatives to enhance cooperation with the Global South, demonstrating China's strategic vision for inclusive international relations and development.
Raymond reappoints Gautam Hari Singhania as MD for five years
Raymond reappoints Gautam Hari Singhania despite recommendations against, prompting an independent investigation. The National Company Law Tribunal approves corporate restructuring. Q4 sees a significant 18% profit increase to Rs 229 crore.
Australian leaders celebrate Julian Assange's freedom but opposition says he is 'no martyr'
Julian Assange spent his first night in Australia in 14 years after being freed by a US court. He returned to an enthusiastic welcome but faces caution from the conservative opposition, who oppose labeling him a hero. Assange's wife, Stella, emphasized his plans for normalcy: swimming daily, enjoying real food, and relishing freedom. Despite calls for a presidential pardon, concerns persist over his past legal battles and guilty plea to espionage-related charges, impacting Australia's relations with the US.
Anti-paper leak law for exams comes into effect amid NEET, UGC-NET row; Jail term and hefty fines introduced
Amid concerns over exam leaks, the Indian government has introduced a new law with stringent penalties, including jail terms and fines, to combat cheating in public exams. The law, effective from June 21, aims to bring transparency and credibility to exams like NEET and UGC-NET, which have faced controversies. The move comes after protests and legal actions following allegations of question paper leaks and irregularities in recent exams.
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Hindujas 'appalled' by Swiss court's jail term order; File appeal
The statements follow a hearing in the Swiss city of Geneva after prosecutors opened the case for alleged illegal activity, including exploitation, human trafficking and violation of Switzerland's labour laws. The family members were accused of seizing the workers' passports, barring them from leaving the villa and forcing them to work very long hours for a pittance in Switzerland, among other things.
Hinduja family members get jail term for to up to 4.5 years for exploiting servants; family issues statement
Hinduja family members jal: A Swiss criminal court has sentenced four members of the wealthy Hinduja family to between four and 4 1/2 years in prison for exploiting their domestic workers. The court, however, dismissed more severe charges of human trafficking. The family members were accused of exploiting mostly illiterate Indian workers at their Geneva villa, including withholding passports, paying in Indian rupees instead of Swiss francs, and imposing long working hours under restrictive conditions.
350 earthquakes in five months! Will volcano Mount St. Helens erupt again after 44 years?
The USGS has said that the short-term increase in earthquake rates is common at Mount St. Helens and is considered part of background seismic activity. Can be said that it is not a matter of concern?
How to deploy Rs 2 crore inheritance to meet child education expenses & retirement goals
If you have any mutual fund queries, message on ET Mutual Funds on Facebook/Twitter. We will get it answered by our panel of experts.
Duty evasion up to Rs 1 crore may not lead to jail term
India proposes to decriminalise provisions in the central excise law, aiming to remove imprisonment for minor duty evasions and reduce penalties. The proposed Central Excise Bill 2024 seeks to modernise provisions, align with GST laws, govern taxation of tobacco and petroleum products, and operate in an automated online mode.
India's electronic manufacturing likely to double in the next five years: Govt sources
India's electronic manufacturing is likely to double in the next five years, according to sources in the Ministry of Electronics and Information Technology. The country's electronic manufacturing is likely to reach around USD 250 billion in the next 5 years, said a source in the ministry.
What are the security deals Ukraine is signing with allies?
Ukrainian President Volodymyr Zelenskiy will sign bilateral security agreements with the United States and Japan at the G7 Summit in Italy, finalizing similar deals with all G7 nations. These agreements, following a joint G7 declaration in July last year, ensure long-term security aid, including military support, intelligence-sharing, and cyber defense. While they aim to strengthen Ukraine's defense amidst its ongoing war with Russia, they are not substitutes for NATO membership, which remains Ukraine's strategic goal. The agreements build on prior commitments, emphasizing immediate aid in case of further Russian aggression.
Tata Communications secures five-year contract with World Athletics
Tata Communications signed a five-year contract with global sports organization World Athletics, expanding its media business by adding over 20 international events. Dhaval Ponda, Global Head of Media and Entertainment Services at Tata Communications, highlighted the significant viewership of World Athletics events.
IRDAI asks life insurers to offer surrender value in first year
The regulator issued a master circular, which mandates insurers to pay special surrender value (SSVs) after the first policy year, provided one full year's premium has been received.
Hunter Biden Guilty Verdict: Here's everything about federal gun trial and what jail term he faces
Hunter Biden who is the son of US President Joe Biden has been convicted on three counts of violation of a US federal gun law. He faces imprisonment for a term not exceeding 25 years.
Markets should double in next four-five years: Milind Karmarkar
Maybe we will look at it at that point in time, but right now we miss getting into it early, but as of now we do not want to buy it.
This large-and mid-cap equity mutual fund gave 18.5% returns in five years; should you invest?
Canara Robeco Emerging Equities: This fund shifted its positioning from a mid- and small-cap offering to its current large- and mid-cap mandate a few years ago. It retains preference for businesses with improving fundamentals or experiencing temporary setbacks. We examine the key fundamentals of the fund, its portfolio and performance to help you make an informed investment decision.
India’s climate dilemma will hang over Modi’s next five years
Modi, who has cast himself as climate champion for much of the past decade, will be under pressure to make faster progress toward existing green targets, including pledges to hit net zero by 2070, install a mammoth 500 gigawatts of non-fossil energy by the end of the decade, and corral a global alliance on solar power that aims to secure $1 trillion in investment.
Sanjiv Bhasin's five dark horse picks for medium to long term horizon
Now, whether you buy today at 23,800 and see a 700-800-point correction during the month that is very much on. But at least start to increase your exposure to equity because there may be no big opportunities until the budget.
ET Mutual Funds Explains: Want to know how many years will your investment take to triple? Use Rule 114
Rule 72 and Rule 114 offer quick calculations to estimate investment growth in mutual funds. Rule 72 predicts the time it takes for investments to double, while Rule 114 determines the time to triple. By dividing the respective number by the rate of return, investors can gauge their investment's growth trajectory.
Not a market for bargain hunters; look beyond June 4 for investment opportunities in next five years: Abhay Agarwal
Abhay Agarwal, Founder & Fund Manager at Piper Serica, discusses market focus on earnings, growth, and India's economic potential post-event. Grasim's expansion into the paint segment and Titan's nervousness are key points. Agarwal also says he expects the Birla Group will get re-rated because of various things they are doing like the Novelis IPO which was pending for a long time, which will unlock capital for Hindalco.
Feroze Azeez on what one should bet on with a 1-year, 3-year and five-year horizon
Feroze Azeez, Deputy CEO of Anand Rathi Wealth Limited, provides insights on market triggers, FII positioning, earnings growth, valuations, investor sentiment, and recommended sectors for investment, including financial services, rail and highways, and renewable energy. Azeez also points out that earnings have doubled in the five-year fiscal, which is a great five-year earning cycle.
Pune Accident: 17-year-old could face 10-year jail term as police pursue maximum penalty
Pune police are taking strong action in response to a tragic incident involving a 17-year-old boy driving a Porsche Taycan, resulting in the deaths of two individuals. The police are seeking an adult trial for the teenager, who does not have a valid license or training for the vehicle. Despite being released on bail by the Juvenile Justice Board, the police are pursuing charges under more stringent sections of the IPC, which could result in a maximum sentence of 10 years. Additionally, the police have registered cases against the pub owners for serving alcohol to minors and are investigating allegations of favoritism at the police station.
Baramulla: In jail since 2019, Engineer Rashid declares assets increased, liabilities reduced in five years
Abdul Rashid Sheikh, an independent candidate from the Baramulla Lok Sabha seat, has reduced his liabilities and increased assets in the last five years, according to his poll affidavit. His assets are now valued at Rs 1.55 crore, including a 41,072 sq ft non-agriculture land in Langate and a house in Srinagar worth Rs 90 lakh. Rashid, a science graduate with a diploma in civil engineering, has declared a home loan and a Kissan Credit Card loan as liabilities.
How to plan your income tax savings for FY25 using ELSS mutual funds?
Plan tax savings for FY25 with ELSS funds. Invest Rs 1.5 lakh early using lumpsum, SIP, or STP. Consider various investment options for Section 80C benefits. ELSS offers higher returns than traditional options.
Imran Khan's 14-year jail term suspended by Pakistan court in Toshakhana corruption case
The Islamabad High Court suspended the 14-year sentence of former Pakistani Prime Minister Imran Khan and his wife Bushra Bibi in the Toshakhana corruption case. They were convicted of retaining state gifts without depositing them properly. The court's decision came pending appeal hearings scheduled after Eid holidays.
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