Morning Digest — March 27, 2023

EPFO allocates up to 85% of its equity investments to ETFs that track the Nifty 50, adding Adani Enterprises in September 2022. File

EPFO subscribers are captive investors of two Adani stocks

The outcome of the Hindenburg Research report may have caused many large investors to rethink their exposures to the Adani group. But a large pool of capital continues to invest in Adani’s two stocks, including the flagship Adani Enterprises, and will continue to do so until at least September this year, unless the trustees rethink their investment strategy when they met this week.

The Center notifies the revised MGNREGS wage rates

The Center has notified the wage hike under the rural job guarantee program for the 2023-24 financial year with Haryana having the highest daily wage at ₹357 per day and Madhya Pradesh and Chhattisgarh the lowest at ₹221 .

Net direct tax growth for 2022-23 slows to 15%

India’s net direct tax collection growth, which stood at around 17% for this year in early March, is expected to moderate to 15% for the full fiscal year 2022-23, a top official said. official of the Ministry of Finance. The Hindu.

The Center convinced the Punjab CM to have a crack against Amritpal, Central officials said

Days before the Punjab police launched a coordinated crackdown against pro-Khalistan propagator Amritpal Singh, the Central government convinced Punjab Chief Minister Bhagwant Mann to initiate action against the fugitive, according to senior sources. Central official.

Center raises maximum GST cess rate on pan masala, tobacco

The Union government has capped the maximum rate of GST compensation cess to be levied on pan masala, cigarettes and other forms of tobacco and linked the maximum rate to their retail sale price.

World’s ‘highest’ Chenab railway bridge with trains crossing it by early 2024: Railway Minister

Standing between two hill slopes, as high as an 85-storey tower, the Chenab bridge, claimed to be India’s world’s highest railway bridge, is expected to have trains passing through it in January- February 2024.

The BJP is overhauling its UP unit to balance the caste equation for the polls

Keeping its focus on next year’s Lok Sabha elections, the Bharatiya Janata Party (BJP) has tried to appease its core social base in Uttar Pradesh, with at least 80% of the new State leadership team of Brahmin origin. , Rajput and non-Yadav Other Backward Caste (OBC) communities.

There is no room for a fourth country under AUKUS for submarine technology

The main focus of the AUKUS arrangement between Australia, the US and the UK is submarine technology development, and within it there is no room for a fourth country, diplomatic sources said on any potential collaboration between AUKUS and India, while saying there is a second pillar for wider cooperation in technology where there is room for collaboration with other countries, including India.

Astronauts selected for the Gaganyaan mission will complete the first semester of crew training

The four astronauts selected for India’s first Human Space Flight Program or Gaganyaan have successfully completed the first semester of crew training.

Israel PM Benjamin Netanyahu fires Defense Minister Yoav Gallant for pushing to halt overhaul

Suddenly, Prime Minister Benjamin fired Mr. Netanyahu was his Defense Minister on March 26, a day after he called on Israel’s leader to halt a planned judicial overhaul that has sharply divided the country and fueled growing discontent among the military ranks. Tens of thousands of protesters took to the streets of Tel Aviv, blocking a major highway, following the announcement.

Final WPL | Mumbai Indians beat Delhi Capitals by 7 wickets to win the inaugural edition of the Women’s Premier League

Mumbai Indians beat Delhi Capitals by seven wickets in the final to lift the inaugural Women’s Premier League trophy here on Sunday. MI first restricted DC to 131 for 9 and then came back to overhaul the target with three balls to spare.

Alok Kumar

Alok Kumar is Content Writer for Sports section on Contact: [email protected]

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