Britain Financial News
10.05 / 19:11
UPS
Action
Mercantile
Food
community
love
Three dimensions of greatness
Elon Musk imagines a world where cars have no drivers; but he cannot imagine a world without employees in offices as he vociferously argues against work-from-home culture. Judith Butler imagines a world without Zionism, a world where 'they' pronoun is normalised, but not a world where Islam embraces same-sex marriages. Both these people are changing the world in their own way — subverting conventional technology and discourse. These follow the saviour myths of monotheistic mythologies. Understandable when one traces their roots, via South Africa and East Europe. Their imagination makes no room for Jainism, the faith from South Asia of some of the world's most successful mercantile and banking communities, who worked with Buddhist kings, Jain kings, Hindu kings, Muslim kings, British imperialists and even patriotic and nationalistic governments, without ever incurring the wrath of a mob.
10.05 / 17:27
Citi
CEO
Remark
RAI
blues
hospital
The Oberoi Grand, Kolkata Honoured with the INTACH's Blue Plaque for Cultural Significance
Heritage (INTACH) has honoured The Oberoi Grand, Kolkata, with a distinguished blue cultural plaque, commemorating its esteemed heritage and historical significance as the "Grande Dame of Chowringhee.” Expressing gratitude for this prestigious recognition, Vikram Oberoi, CEO of The Oberoi Group, remarked, “We are deeply honoured to receive the blue plaque for The Oberoi Grand, Kolkata. Standing witness to Kolkata's storied history, The Oberoi Grand embodies a legacy of resilience and unwavering hospitality. As we continue to uphold the traditions established by our Founder Chairman, Rai Bahadur Mohan Singh Oberoi, and Chairman Emeritus, Mr. P.R.S Oberoi, we remain committed to offering our guests an unforgettable experience steeped in personalised service, understated luxury, coming together seamlessly with the hotels rich history.” Fondly known as the «Grande Dame of Chowringhee,» The Oberoi Grand unveils a captivating saga steeped in history, tracing its roots back to the 1800s when it adorned the landscape as the residence of a British Colonel.
10.05 / 16:11
markets
UPS
Target
reports
Sporting
Tata Motors erases domestic debt, targets net-cash goal for JLR in FY25
₹48,000 crore dragged down its passenger vehicle business. The company reported an over three-fold jump in its consolidated net profit to ₹17,407 crore for Q4FY24, from ₹5,408 crore in the same period last fiscal, led by record sales of Range Rover luxury sports utility vehicles (SUVs) by its UK-headquartered subsidiary Jaguar Land Rover across the UK and overseas markets.
10.05 / 15:23
CEO
Platform
Mobile
Diversity
inclusion
innovations
Schools
India's homegrown GenAI platform Hanooman now live in 98 languages
GenAI platform", Hanooman, available in 98 global languages, including 12 Indian languages, was launched on Friday. The 12 Indian languages are Hindi, Marathi, Gujarati, Bengali, Kannada, Odia, Punjabi, Assamese, Tamil, Telugu, Malayalam, and Sindhi. Additionally, Hanooman will support a host of global languages, including English, Spanish, Italian, German, Japanese, Korean, and 80 other languages worldwide. The AI tool has been developed by generative AI business SML India in partnership with 3AI Holding, an Abu Dhabi-based investment company. The app is now available for download in India and can be accessed through the web and mobile application for Android users on Play Store.
10.05 / 14:47
Boeing
innovations
2020
reports
Treasury Committee warns UK SMEs finance hurdles could stunt growth
In a report published on Wednesday (8 May), MPs said a «difficult small business environment» is «disincentivising risk-taking, innovation and, potentially, growth» for many UK SMEs looking to expand. As a result, the number of private sector businesses have dropped significantly from 6 million in 2020 to just 5.6 million in 2023, after initially expanding by 1.5 million within a decade from 2010. Treasury Committee 'disappointed' BoE and government have not fully accepted its QT advice According to the report, the government should improve access to finance for SMEs, including aba...
10.05 / 14:07
security
Duke
students
dance
Schools
athletics
Prince Harry, Meghan Markle begin Nigeria visit for Invictus Games after King Charles ‘second snub’
Prince Harry for wounded military veterans. Prince Harry and Meghan attended the inauguration of a mental health initiative at a school in the Nigerian capital, Abuja. Welcomed by a traditional Igbo drum and dance ensemble, the couple made their way to Lightway Academy, where they were enthusiastically greeted by the students.
10.05 / 12:57
Provident
Maxim
Action
Experts
information
testing
‘G7 Summit ideal forum for informing global public on AI realities,’ say experts
ChatGPT in November 2022. With its ability to analyze vast amounts of data and provide actionable insights, AI has become indispensable in informing policy decisions and addressing pressing challenges faced by world leaders. During the G20 Summit 2023 hosted by India, the member nations have chosen to adopt a "pro-innovation" regulatory approach, aiming to maximize the benefits of AI while mitigating the associated risks.
10.05 / 11:47
security
economy
wellness
President
show
reports
Equities rally continues ahead of Fed speeches
Stocks rallied on earnings optimism and US data that supported the case for interest-rate cuts. A raft of Federal Reserve speakers are slated for Friday as traders await a key US inflation print next week.
10.05 / 11:45
UPS
Mobile
Sustainability
Election
performer
Tata Motors Q4 Results: Net profit jumps over 3-folds, JLR revenue up 11% YoY; 5 key highlights
Tata Motors Q4 Results: Tata Motors on Friday reported over three-fold jump in consolidated net profit at ₹17,528.59 crore in the fourth quarter ended March 31, 2024, riding with all its three auto businesses delivering a strong performance, specially the British arm Jaguar Land Rover. The company had posted a consolidated net profit of ₹5,496.04 crore in the same quarter of the previous fiscal, Tata Motors said in a regulatory filing. Total consolidated revenue from operations stood at ₹1,19,986.31 crore, as compared to ₹1,05,932.35 crore in the year-ago period.
10.05 / 10:59
markets
economy
Yellow
Trade
reports
Rate Cut
Nifty Metal spikes over 1.5% on US Fed rate cut hopes; Hindustan Zinc hits record high
Hindustan Zinc jumped over 18.65% to hit a new high of ₹541 apiece, and Hindustan Copper and Vedanta also gained over 4% in today's intraday trade. Other stocks such as Steel Authority of India, Jindal Stainless, JSW Steel, NALCO, Hindalco Industries, NMDC, Jindal Steel & Power, and Ratnamani Metals & Tubes are currently trading with gains between 0.5% and 2%. Recent U.S.
10.05 / 10:03
BBC
President
Celebrity
country
social
reports
Why is Mother's Day in UK different from that in US, India and other countries? All you need to know
UK on 10 March this year. In the UK, the day is also known as Mothering Day. The day is celebrated three weeks before Easter Sunday and falls during the time of Lent.
10.05 / 08:37
Dreams
students
Universities
show
singer
Videos
Student goes into a shopping spree after mistakenly receiving ₹6 crore in bank account, know what happens next
₹6.3 crore instead of her student grant of ₹7,600. Unaware of the source of transaction, the woman chose to spend the money on herself. However, her dream quickly turned into a nightmare after her eight-digit bank balance drew government scrutiny and she was jailed on accusation of theft and robbery.
10.05 / 07:57
economy
Research
Trade
UK growth 'outpaces' US and eurozone for first time in three years as economy grows 0.6% in Q1
Compared to Q1 2023, GDP has increased by 0.2% in the same period this year, according to ONS data published today (10 May). UK inflation falls less than expected over March to 3.2% Both services and the production sector grew over the three-month period by 0.7% and 0.8%, respectively, while the construction sector fell by 0.9%. The period also saw increases in the volume of net trade, household and government spending, although this was partly offset by falls in gross capital formation, the ONS noted. According to Hetal Mehta, head of economic research at St James's Place, this...
10.05 / 06:53
Tether
stablecoins
Deutsche Bank
Stablecoin Issuer Tether Hits Back Deutsche Bank’s Argument Over its Solvency
In a latest response, Tether, the world’s largest stablecoin, has vehemently criticized Deutsche Bank’s statement, which questioned the sustainability of stablecoins and Tether’s solvency.
10.05 / 06:11
COST
Citizens
students
country
reports
International
UK visa review on May 14 to have a far reaching impact on international students from India
ALSO READ: UK appoints its first woman high commissioner to India MAC stands for migration advisory committee that is tasked with the job of reviewing post study work visas. This visa, if axed, will deprive international students from India, and elsewhere, of continuing to stay in the UK after their studies have finished. So, this is likely to have a far-reaching impact.
10.05 / 06:03
UPS
Citi
awards
2020
Investigations
Terror IS couple that ‘plotted over 100 blasts’ in Delhi get up to 20 years in jail
Jahanjeb Sami and Hina Bashir Baig, a couple residing in Delhi's Jamia Nagar, have been sentenced for their ties to the Islamic State (IS). The duo, arrested in 2020 under the Unlawful Activities (Prevention) Act, were found guilty of attempting to establish a caliphate and plotting 100 blasts in the city. Sami received sentences ranging from three to 20 years, while Baig was awarded two seven-year sentences. The investigation revealed their online personas as active radicalizers linked to IS operatives in Syria and Afghanistan. Sami and Baig, both in their mid-30s, moved to Delhi from Jammu and Kashmir in 2019. Sami, with a BTech and MBA, worked for a UK-based firm, while Baig, after her MBA, had worked in banks before taking a break. They rented a flat in Jamia Nagar's C Block, initially enjoying weekends outdoors. However, the 2019 anti-Citizenship (Amendment) Act protests and the subsequent COVID-19 pandemic kept them indoors, where they spent time surfing the internet. Arrest and Investigation
10.05 / 05:23
CAT
love
stars
Features
Headlines
cricket
Top OTT releases this week: Movies, web series to watch over the weekend; from Aavesham to Mother of the Bride
Under The Bridge premiered on Hulu for US viewers on April 17, starting with two episodes. New episodes will be released every week. In India, the series will be available on Disney+ Hotstar.
10.05 / 02:41
COST
Manufacturing
Enterprise
performer
reports
recommendations
rights
Stocks to watch: TaMo, Eicher, Brigade, Abbott, Stylam, Mahanagar Gas, ABB India
Tata Motors: The vehicle manufacturer is set to announce its Q4 results on May 10, with expectations of strong results due to volume growth, improved performance of its British unit JLR, and favourable commodity prices. The company's consolidated net profit is projected to rise by 33% to ₹7,084 crore, and revenue is likely to increase by 15% to ₹1.22 lakh crore. The growth is attributed to expansion in JLR and positive growth in India's PV and CV divisions.
09.05 / 21:21
Southern
wellness
film
Diversity
social
stars
reports
Artificial Intelligence (AI) predicts list of animals capable of taking over Earth; Details here
animals taking over our planet from humans who often consider themselves to be the most intelligent living being? This is the question that was posed to Chat-GPT. While many film industries have depicted a doomsday conspiracy involving the take over of our planet by different people, the latest being the ‘Kingdom of the Planet of Apes’, this is an interesting answer given by Chat-GPT. This has been reported by the Daily Star, UK. Incidentally, the movie is releasing on May 10. While Chat-GPT and its application has generated interest in the past with its unique answers, the answer to this question is definitely surprising.
09.05 / 18:57
Provident
WhatsApp
Sky News
hospital
reports
rights
British girl's hearing abilities miraculously restored after gene therapy
gene therapy trial, a British girl's ears were cured miraculously. Born deaf due to auditory neuropathy, a phenomenon that disrupts nerve impulses from the ear to the brain, the girl named Opal Sandy had her hearing restored after taking part in clinical trials that focused on gene therapy.
09.05 / 17:45
Action
Food
Everest
Trade
country
testing
Mint Primer | Indian spices: the bitter taste of global scrutiny
Mint looks at the issue and analyses what it could mean for the $4-billion export sector. On 5 April, Hong Kong’s food regulator suspended the sale of MDH spice mixes saying they contain high levels of ethylene oxide, a carcinogenic. Singapore followed suit with Everest, another top Indian spice brand.
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