MINISTRY OF CORPORATE AFFAIRS 

Hindi Salahkar Samiti ka gathan (NOV 4, 2022)

Hindi Salahkar Samiti of the Ministry of Corporate Affairs has been constituted by the Government of India. 

The functions of the Samiti are to render advice in regard to the implementation of the provisions relating to Official Language Hindi contained in the Constitution, Official Languages Act and Rules, and Policy decisions of the Kendriya Hindi Samiti and instructions issued by the Ministry of Home Affairs/Department of Official Language relating to Official Language Hindi and also in regard to the Progressive use of Hindi in the Ministry of Corporate Affairs. 

The tenure of the members of the Samiti shall ordinarily be three years from the date of its constitution. The Headquarters of the Samiti shall be at New Delhi, but if considered necessary, it may hold its meetings at any other place also

GAZETTE NOTIFICATION : 240036.pdf (egazette.nic.in)

SUPREME COURT 

Supreme Court upholds notification amending employees pension scheme as ‘legal and valid' (NOV 4, 2022)

The Supreme Court on Friday, November 4, 2022, upheld the Employees' Pension (Amendment) Scheme, 2014 as "legal and valid" while reading down certain provisions of the scheme concerning current members.  

The judgment by a three-judge Bench led by Chief Justice of India U.U. Lalit came in an appeal filed by the Employees Provident Fund Organisation challenging decisions of the Kerala, Rajasthan and Delhi High Courts quashing the 2014 amendments on "determination of pensionable salary" under the Employees Pension Scheme (EPS) of 1995.

DETAILS : Supreme Court upholds notification amending employees pension scheme as ‘legal and valid' - The Hindu

BUSINESS NEWS 

Reliance to step into salon business, plans to buy 49% stake in Naturals (NOV 4, 2022)

The existing promoters of Naturals Salon-parent, Groom India Salons & Spa, could continue running operations and Reliance's funds would help expand its network of 700 salons in 20 states by four- to five-fold, the Economic Times had earlier reported, citing executives aware of the development.

Chennai-based Naturals, founded in the early 2000s, aims to run 3,000 salons by 2025, according to its website.

NEWS REPORT : Reliance to step into salon business, plans to buy 49% stake in Naturals (msn.com)

WORLD AFFAIRS 

Washington high court says convicted sex offender can practice law (NOV 4, 2022)

A sharply divided Washington Supreme Court on Thursday ruled that a man who was previously convicted of a sex offense and other crimes can be licensed as an attorney.  The 5-4 decision clears the way for Zachary LeRoy Stevens, who graduated from Arizona State University's law school in 2018, to practice law in Washington.

The opinion said Stevens had a difficult childhood in Utah and sought refuge online, where in 2006 he sent pornographic images of minors to a detective posing as a 14-year-old. He was charged in 2010 with four counts of sexual exploitation of a minor and pleaded guilty to the reduced charge of voyeurism, which required him to register as a sex offender.

NEWS REPORT : Washington high court says convicted sex offender can practice law | Reuters

NEWS AT GLANCE 

  • Supreme Court order against extending term of GMR Upper Karnali Hydropower Limited in Nepal. 
  • Xi enforces quid pro quo on CPEC and Pakistani economic revival

WORD OF THE DAY 

Doli incapax , a Latin phrase refers to the presumption in law that a child is incapable of forming the criminal intent to commit an offence.

MARKET TODAY (as on 4.11.2022)

BSE SENSEX                60,950.36 INR▲ +113.95 (+0.19%)

NIFTY 50                       18,117.15 INR▲ +64.45 (+0.36%)  

1 US Dollar = 82.28 Indian Rupee (Last updated · 4 November at 1:59 pm UTC)

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