SCRAP
Future Enterprises' creditors scrap simultaneous vote for its assets
Creditors had divided FEL's assets into three clusters - insurance, textile businesses, and other residual stakes including its investments in a manufacturing unit each at Tarapur-Palghar in Maharashtra and Mahadevapura-Bengaluru in Karnataka. Central Bank had emerged the highest bidder for the insurance business, while metals company Orissa Metaliks had pipped Mumbai-based financial services firm Uniworth Finlease with a ₹75 crore offer for the manufacturing units.
Unanimous assembly resolution by Tamil Nadu to scrap NEET
The Tamil Nadu assembly passed a resolution against the National Eligibility-cum-Entrance Test, urging the Union government to scrap it. The resolution called for state governments to allow medical admissions based on class 12 marks, as before NEET was introduced. The resolution also urged the Union government to approve a 2022 bill seeking exemption from NEET for state students.
Tamil Nadu Assembly passes resolution to scrap NEET amid controversy
The Tamil Nadu Assembly unanimously passed a resolution urging the union government to scrap the National Eligibility and Entrance Test (NEET) and allow state governments to conduct medical admissions based on class 12 marks. This resolution, introduced by Chief Minister MK Stalin, follows uproar over a paper leak in the NEET-UG 2024 exam and the postponement of NEET-PG 2024. Regional parties like Manithaneya Makkal Katchi, Marumalarchi Dravida Munnetra Kazhagam, Tamilaga Vettri Kazhagam, and the Communist Party of India (Marxist) supported the resolution.
US proposes plan to scrap additional security checks for Indians at transit points
US and India collaborate to enhance aviation safety through streamlined security processes, improved passenger flow, and ongoing information exchange. The one-stop security concept offers benefits like enhanced safety, reduced costs, and shorter connection times, emphasizing proactive risk mitigation and continuous safety improvements.
China wants EU to scrap EV tariffs on EVs by July 4
Beijing urges the European Union to revoke its preliminary tariffs on Chinese electric vehicles (EVs) by July 4, as reported by China's state-controlled Global Times. The EU plans to impose provisional duties of up to 38.1% on Chinese-made EVs while investigating alleged excessive and unfair subsidies to Chinese EV makers. China is willing to negotiate to avoid another tariff war, reminiscent of U.S. tariffs imposed during the Trump administration, but will protect its firms if necessary.
"Very unfair... it is not right": Gautam Gambhir urges ICC to scrap two new-ball rule
Former India cricketer Gautam Gambhir has called for the removal of the two new-ball rule in white-ball cricket, implemented by the ICC in 2011. Gambhir believes this rule unfairly disadvantages finger-spinners by reducing their impact and opportunities in the game. He emphasized the need for an equal platform for all players to showcase their talents and urged the ICC to reconsider the rule to restore the balance between bat and ball.
NEET row: "National Testing Agency should be scrapped," says Sitaram Yechury
A vacation bench of Justices Vikram Nath and SVN Bhatti of the apex court has tagged the fresh pleas along with pending petitions and posted them for hearing on July 8. On Thursday, the top court issued a notice on a plea filed by the NTA seeking the transfer of petitions relating to the NEET-UG, 2024 examination from the High Courts to the apex court.
Will challenge HC order scrapping increased quotas in Bihar: Deputy CM Samrat Choudhary
Bihar Deputy CM vows to challenge Patna High Court order on reservation hike from 50% to 65% in support of deprived castes. The state government plans to move to the Supreme Court after consulting legal experts.
Patna High Court scraps 65% reservation for Backward Classes, EBCs, SCs & STs in Bihar
The Patna High Court has ruled that the Bihar Reservation of Vacancies in Posts and Services (Amendment) Act, 2023 and The Bihar (In admission in Educational Institutions) Reservation (Amendment) Act, 2023, are ultra vires and violative of the equality clause under Articles 14, 15, and 16. The move comes after the Bihar legislature in 2023 had given nod to increase the reservation for Backward Classes, Extremely Backward Classes, Scheduled Castes, and Scheduled Tribes from 50% to 65%.
Congress: Nothing short of scrapping Agniveer scheme will do
The Opposition party hardening its stand, incidentally with an eye on the upcoming assembly polls in Haryana and Maharashtra, coincides with reports about deliberations within the government to review and modify the scheme.
Scrap NEET, allow states to conduct entrance tests: Karnataka Deputy CM Shivakumar
The NTA has come under criticism amid allegations of irregularities and inflation of marks in the medical entrance exam. To a question regarding city civic body Bruhat Bengaluru Mahanagara Palike (BBMP) polls, Shivakumar, who is also the state Congress chief said elections will be announced soon and there is a need to prepare the party for that.
Govt decides to scrap grace marks given to 1,563 NEET-UG candidates; SC informed
It said these candidates will be given the opportunity to take a re-test. If any of them choose not to take the re-test, then their earlier score, without the grace marks, will be counted. This means that the candidates who got less than the allotted time to write the NEET-UG 2024 for admission into medical colleges will have the option to retake the exam or forego grace marks awarded earlier for suffering a loss of time.
NEET grace marks scrapped; affected students given re-exam option
NEET-UG 2024 witnessed a notable increase in the number of candidates achieving a perfect score of 720 compared to previous years. Concerns remain about the fairness and transparency of the exam process.
Don't scrap, review Agnipath: JDU
Amid NDA's government formation efforts, JDU demanded a review of the Agnipath scheme for Indian armed forces. JDU cited concerns among youth, while also advocating for a caste census at the national level. The party supports BJP's Uniform Civil Code proposal but stresses the need for consultation with all stakeholders. JDU continues to push for special status for Bihar despite being a part of the NDA coalition.
2,500 job cuts! Layoffs in Tata Steel's UK operations inevitable, says CEO Narendran
Tata Steel's transition to low-emission electric arc furnace process at its UK operations will lead to the loss of around 2,500 jobs. The move, part of a decarbonization plan, aims to reduce production costs and cut CO2 emissions. Worker unions are protesting against the job cuts, which are seen as inevitable.
BJP will scrap Constitution if voted to power: Rahul Gandhi
Addressing a poll rally in favour of Congress' Ludhiana candidate Amrinder Singh Raja Warring in Dakha, Rahul Gandhi said the 2024 Lok Sabha polls are for saving the Constitution.
Ztech India IPO opens on May 29. Check price band, GMP and other details
Ztech India IPO opens on May 29 with a price band of Rs 104-110 per share. The company aims to raise Rs. 37.30 crore from a fresh issue of 33,91,200 equity shares.
India's gold imports seen falling as record price prompts jewellery swaps
India's gold imports in 2024 may plummet by nearly 20% from the previous year due to record high prices driving consumers to swap old jewellery for new, according to the India Bullion and Jewellers Association. Rising prices have shifted buyers towards exchanging old ornaments, impacting jewellery demand more than investments.
Car more than 15 years old? State govts announce discounts for scrapping; 5 things to know about how to scrap an old car
How to scrap an old car: Several states in India are offering discounts of up to 25% on personal vehicle prices or road taxes for customers who scrap their old vehicles and buy a new one. The government's Voluntary Vehicle Fleet Modernization Program aims to get rid of old and unfit vehicles that cause pollution and harm the environment. Different age criteria apply to commercial and private vehicles, and it is mandatory for states to promote the scrapping of old vehicles.
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