General News Hop

 These are among the records allegedly recovered from the home of West Bengal Industry and Commerce Minister Partha Chatterjee by the Enforcement Directorate (ED) during searches conducted on July 22 in connection with the state school jobs scam, according to court records obtained by The Indian Express . A LIST of 48 candidates with roll numbers for posts of primary teacher; documents related to the appointment of Group D staff, including admit cards for recruitment tests; and, a list of candidates under the letterhead of a former TMC MLA. These are among the records allegedly recovered from the home of West Bengal Industry and Commerce Minister Partha Chatterjee by the Enforcement Directorate (ED) during searches conducted on July 22 in connection with the state school jobs scam, according to court records obtained by The Indian Express. Chatterjee, who is also secretary general of the ruling TMC, was arrested in the case by the ED on July 23. He was the state’s Education Minist...

  The Common University Entrance Test will be a common entrance test for admissions into 54 central universities and 88 universities in total in India, which will be conducted by the National Testing Agency. In a move that is a potential game-changer for higher education in India, the government has recommended conducting a Common University Entrance Test  (CUET). In CUET 2022, we saw a record number of applicants (Approximately15 lakh), applying for different UG courses across all the participating universities. A total of 90 universities did participate in CUET 2022 . Both these numbers are expected to grow significantly for CUET 2023. The move is aimed at reducing the pressure of higher cut-offs in most of the reputed central and other universities. The National Education Policy (NEP), which aims to bring radical changes to the education set up in the country, paved the way for the Common Entrance Test. This will not only release the pressure of high cut-offs but will also ...

 Three funeral attendees shot outside of Chicago church by drive-by shooter All three victims were transported to local hospitals in good condition, according to Chicago police. A drive-by shooter wounded three men who were taking a picture outside of a Chicago church as they gathered for a funeral service Saturday afternoon, police said. All three victims were transported to local hospitals in good condition, according to Chicago police. At approximately 2:30 p.m., someone inside a gray sedan drove by and opened fire at a group of funeral attendees who were taking a picture outside of Universal Community Missionary Baptist Church in the Roseland neighborhood on Chicago’s South Side, The Sun-Times reported. A 20-year-old man was shot in the abdomen, a 37-year-old man was shot in the thigh and a 25-year-old man was shot in the back. Kareem House, a witness of the shooting, told the newspaper that he was attending a funeral service for his cousin, Mike Nash. House said Nash was an an...

 Two railway employees gang-raped the woman in a train lighting hut meant for railway electrical maintenance staff while two others guarded the room at New Delhi railway station premises in the wee hours of Friday A 30-year-old woman was gang-raped by two railway employees in a train lighting hut meant for railway electrical maintenance staff while two others guarded the room at New Delhi railway station premises in the wee hours of Friday, the Delhi police said on Saturday. All four railway employees have been arrested in connection with the crime that came to fore after the woman made a call to the police around 2.30am on Friday. One of the arrested men, identified as 35-year-old Satish Kumar, has been known to the woman for the past two years. He introduced himself as a railway employee to the woman. Kumar told her that he can arrange a job for her in the Indian railways. The other three arrested men, identified as Vinod Kumar, 38, Mangal Chand Meena, 33, and Jagdish Chand ,37, ...

   Natarajan Chandrasekaran, Tata Group chairman, said the firm had been in talks with the government for two years over funding for Tata’s transition to greener steel production. Indian steel giant Tata Steel Ltd. may close sites including Port Talbot unless it receives £1.5 billion ($1.8 billion) in support from the UK government, the Financial Times reported. Natarajan Chandrasekaran, Tata Group chairman, said the firm had been in talks with the government for two years over funding for Tata’s transition to greener steel production. “We should come to an agreement within 12 months. Without this, we will have to look at closures of sites,” Chandrasekaran told the newspaper. Port Talbot is the UK’s biggest steelworks and employs some 4,000 people. The steelworkers’ union Community said Tata’s comments were “shocking” and had been made without consultation with unions. “For months we’ve been in discussions with the company, but we should be clear there is no agreement on the d...

  The Supreme Court on Saturday summoned Punjab Assembly deputy speaker Dost Mazari and issued notice to chief minister Hamza Shahbaz in a petition filed by PML-Q. Pakistan Prime Minister Shehbaz Sharif's son Hamza Shehbaz on Saturday took oath as the chief minister of Punjab province. But the political turmoil in the country seems to be far from over. On Friday, Hamza was re-elected to the post by just three votes amid high drama when deputy speaker Dost Muhammad Mazari rejected 10 crucial votes of his rival candidate. The run-off election for the Punjab chief minister was conducted in the Punjab Assembly in line with the instructions of the Supreme Court of Pakistan. Hamza was declared the winner in the election though his Pakistan Muslim League-Nawaz (PML-N) party did not have a majority in the Assembly after key by-elections held on July 17. Hamza managed to retain the post of Punjab province CM by the barest of margins after Mazari rejected 10 votes of his rival candidate Chau...

 West Bengal minister Partha Chatterjee taken to hospital for a medical test. TMC is keeping a close watch on the developments, says party spokesperson Kunal Ghosh The Enforcement Directorate (ED) on Saturday arrested West Bengal minister Partha Chatterjee in connection with its probe into the School Service Commission (SSC) recruitment scam case, where transactions worth crores of rupees were allegedly made for the appointment of teachers recruited through the SSC, his advocate confirmed. This is the first arrest by the ED in the case. Chatterjee, the state Parliamentary Affairs, Commerce and Industry, and Electronics & IT Minister, earlier held the education portfolio. “Yes, he has been arrested. We have not been given the seizure list or the arrest memo yet. He will be produced in court today. We have been asked to come to CGO Complex,” Anindya Raut, Chatterjee’s advocate, said. Massive security has been deployed at the CGO Complex in Kolkata. However, no official statement ...

  Two solar power projects were reportedly given to Chinese corporations by Iraq. This is in accordance with a contract deal between Iraq and China that was reached in 2019 led by former Iraqi Prime Minister Adel Abdul Mahdi. Both solar installations are in the Al-Muthanna Governorate, which borders Saudi Arabia in southern Iraq. The solar projects have a total capacity of 130 MW and 500 MW, respectively and will be distributed across the Governorate. With goals to raise renewable energy to 20% of the total energy supply, Iraq has given multiple solar power contracts to international companies including  TotalEnergies . Today, Iraq is suffering from acute power shortages because of corruption and war damages to the energy industry. Being OPEC’s second largest oil producer, Iraq is still reliant on Iranian gas imports for its electricity and until recently, it has looked to diversify its gas import by crafting new agreements with Saudi Arabia.

 Japan’s longest serving ex-Prime Minister Shinzo Abe, once described as “one of the world’s most recognisable statesmen” by the Financial Times, was gunned down on July 8 at the age of 67. While tributes poured in for Abe from Japan as well as other parts of the world, what exactly is the economic legacy of a man who gave his name to an economic policy approach? Japan’s longest serving ex-Prime Minister Shinzo Abe, once described as “one of the world’s most recognisable statesmen” by the Financial Times, was gunned down on July 8 at the age of 67. While tributes poured in for Abe from Japan as well as other parts of the world, what exactly is the economic legacy of a man who gave his name to an economic policy approach? Here are four charts which try to answer this question. “Abenomics” gave a small boost to the Japanese economy … The Japanese economy entered a prolonged recession from the 1990s, much before Abe took office. He had two terms as the prime minister, the first o...

  Sethurathnam Ravi , popularly known as S Ravi is the former chairman of Bombay Stock Exchange Limited (BSE). On the 74th National CA Day, in an interview with BW Businessworld, Sethurathnam Ravi, currently Managing Partner, Ravi Rajan & Company and Chairman, TFCI reflects on how the role of chartered accountants has evolved over time both in practice and scope, becoming critical to a company’s, a sector’s and the economy’s growth story. Sethurathnam Ravi The former BSE chairman explains how he has seen a CA’s role broaden over the years. According to him, “If you look at the earlier years the profession was about statutory audit and internal audit but later it migrated to other fields such as forensic audit, due diligence, merchant banking and also things like insolvency in recent reforms. The profession widened significantly from practice and participation in bigger changes. Today, we see many CFOs, CHROs, CTOs who started as CAs. There are many CAs in the banking ...

  Sri Lanka’s ousted president Gotabaya Rajapaksa, who fled overseas this week to escape a popular uprising against his government, has said he took "all possible steps" to avert the economic crisis that has engulfed the island nation. Sri Lanka's acting President Ranil Wickremesinghe has declared a state of emergency, according to a government notice released late on Sunday, as his administration seeks to quell social unrest and tackle an  economic crisis  gripping the island nation. "It is expedient, so to do, in the interests of public security, the protection of public order and the maintenance of supplies and services essential to the life of the community," the notification stated. Sri Lanka’s ousted president Gotabaya Rajapaksa, who fled overseas this week to escape a popular uprising against his government, has said he took "all possible steps" to avert the economic crisis that has engulfed the island nation. Gotabaya Rajapaksa's resignatio...

  Parliament monsoon session LIVE: The first day of the parliament monsoon session will see voting for the presidential election. Parliament monsoon session LIVE: The monsoon session of the Parliament is set to commence today and will conclude on August 12. During the session, the central government will seek to push several legislations and its legislative agenda includes 32 bills for passage - out of which 14 are ready. The bills include cantonment bill, multi-state cooperative societies bill, development of enterprises and services hubs bill, two separate bills for Constitution amendment to revise the list of Scheduled Castes (SCs) and Scheduled Tribes (STs) for Chhattisgarh and Tamil Nadu, among others. In addition to this, some pending bills will also be taken up. Some of the bills that are in the pending list include The Indian Antarctica Bill, 2022, the Inter-State River Water Disputes (Amendment) Bill, 2019. The first day of the parliament monsoon session will see voting fo...

  Breaking news today July 18, 2022: Get latest news, breaking news, latest updates, live news, top headlines, breaking business news and top news of the hour. Rupee rises 6 paise to 79.76 against US dollar in early trade The rupee appreciated 6 paise to 79.76 against the US dollar in early trade on Monday as a positive trend in domestic equities supported the local unit. However, a strong American currency overseas and forex outflows restricted the rupee’s gain, dealers said.