Record News

17.08 / 18:05

CEO Enterprise Southern Citibank track Indian RBI approves appointment of PR Seshadri as Managing Director and CEO of South Indian Bank

South Indian Bank for a period of three years with effect from October 1, 2023. According to statement by the South Indian Bank, PR Seshadri is an accomplished banker with experiences spanning multiple businesses, functional lines and geographies.

17.08 / 17:31

COST Provident country Assam records one of the lowest inflation rates in the country: CM

Himanta Biswa Sarma said that Assam recorded one of the lowest retail inflation rates in the country. In November 2021 inflation was at 8.3 per cent and July 2023 it was 3.91 per cent.

17.08 / 17:17

COST Ford Manufacturing Patrick Price of a strike at the Detroit automakers: $5 billion -study

By Joseph White

17.08 / 17:03

Citi Waves Waters Extreme Power ERCOT issues voluntary power conservation call in Texas heat wave

(Reuters) — The Electric Reliability Council Of Texas (ERCOT) urged consumers to voluntarily conserve power between 3:00 p.m. and 8:00 p.m. CT on Thursday with demand expected to surge amid a heat wave.

17.08 / 16:55

Merit Dadheech Infra case: NCLAT upholds insolvency proceedings; flags delay by NCLT in pronouncing verdict

NCLT order allowing the initiation of insolvency resolution proceedings against Dadheech Infrastructures. While upholding the National Company Law Tribunal's ruling in the case, the NCLAT also flagged that «unreasonable and unexplained delays in delivering verdicts are not desirable». The NCLT had reserved its order in December 2022 and pronounced the order only in June this year.

17.08 / 16:47

FIVE Reuters CEO band Overnight Indexed Swap rates surge as investors brace for RBI rate hike: Report

RBI) upcoming rate hike, said Reuters in its report. "The short-end of the OIS curve is completely factoring in one more rate hike over the next few months while talks of rate cuts have died down for now," said Vijay Sharma, senior executive vice president at PNB Gilts, according to Reuters report. The five-year swap rate increased to 6.75% on Thursday, surpassing a level last recorded on February 27.

17.08 / 16:41

UPS Lowe's Waters show Groundwater treatment systems to address 'forever chemicals' planned near Michigan military base

Two groundwater treatment systems will be installed near the former Wurtsmith Air Force Base in northern Michigan as the U.S. Department of Defense looks to address “forever chemical” contamination

17.08 / 16:33

UPS Aviat Action IOTA show NOT Evolution will not save aircraft from bird hits

Aircraft pilots are wary of bird hits for good reason. The record shows that most of these collisions do little harm, but nobody wants a wind-shield cracked, sensor twisted out of action, jet blade warped, or worse, an engine set on fire by a feathery mishap. Data from India’s Directorate General of Civil Aviation, however, shows that we recorded as many as 1,149 bird strikes in the first half of 2023.

17.08 / 16:05

FIVE Discover awards CAT Persona Jail TV Comedian Tom Binns spared jail despite possession of over 35,000 child abuse images

Renowned for his appearances on Channel 4’s «8 Out Of 10 Cats Does Countdown,» TV comedian Christopher Thomas Binns, popularly known as Tom Binns, has evaded imprisonment after being discovered with a staggering collection of more than 35,000 indecent images of children.

17.08 / 15:47

COST UPS Provident show Uttar Pradesh tops in attracting bank funds for projects

Uttar Pradesh topped the list of states that attracted investment funds from banks and financial institutions pushing Maharashtra behind in a year of record project sanctions, data from a study by RBI staff shows. The state accounted for the highest share (16.2 per cent) in the total cost of projects sanctioned by banks/financial institutions, followed by Gujarat, Odisha, Maharashtra and Karnataka during 2022-23.

17.08 / 15:21

COST UPS FIVE show Ex-Bank of Canada governor Poloz sees cracks in consumer resilience

Former Bank of Canada governor Stephen Poloz says inflation is likely to cool faster than people are expecting, opening the door for lower interest rates.

17.08 / 15:07

COST UPS Provident Fallout Allstate Aid Trickles In As Insurance Losses and Risks From Maui's Wildfires Rise

As Hawaii deals with the aftermath of devastating wildfires that have claimed more than 100 lives and up to 2,200 buildings, the economic fallout is just beginning to take root.

17.08 / 14:53

Hawaiian Hawaiian Electric shares continue slide amid scrutiny over Maui wildfires

(Corrects spelling of Lahaina in paragraph 2)

17.08 / 14:45

New Jersey shutters 27 Boston Market restaurants over unpaid wages, related worker issues

State labor officials have temporarily shut down more than two dozen Boston Market restaurants in New Jersey

17.08 / 14:45

Lowe's Enterprise NIFTY SENSEX Indian Thursday trade: FIIs sell ₹1,511 crore in Indian market on August 17, DIIs sell ₹314 crore; details here

₹1,510.86 crore. Domestic institutional investors (DIIs) after investing in the domestic market for straight-four sessions sold shares for ₹313.97 crore. As per NSE data, on August 17, FIIs' buy value was at ₹11,205.13 crore and sell value at 12,715.99 crore -- resulting in an outflow of ₹1,510.86 crore.

17.08 / 14:05

FIVE Dreams Chase Corona Returns open Novak Djokovic returns to US after 2 years, wins first match at Cincinnati Open

Novak Djokovic won the first set of the Cincinnati Open 6-4 against Alejandro Davidovich Fokina, who retired with pain in his back. It was Djokovic's first match in the US after 2019 when he was not allowed to participate in the U.S. Open for not taking the mandatory Corona vaccine before the match.

17.08 / 14:03

Twitter Platform Tesla SpaceX show social X account elon Elon Musk arrives in ‘amazing’ Japan days after row over fake X account impersonating top diplomat

Elon Musk took to microblogging site ‘X’, formerly known as twitter, to share an update- he ahs reached ‘amazing’ Japan. The business magnate who shares a bittersweet relationship with Japan arrived at the east Asian nation just days after a row over a fake ‘X’ account of Japan's top diplomat Masato Kanda. Japan in a rare warning had asked Elon Musk to take down a ‘fake’ account of the top currency diplomat Masato Kanda.

17.08 / 13:49

Aviat Airlines hearing NCLT defers hearing in insolvency pleas against SpiceJet to August 18

National Company Law Tribunal Thursday asked Spicejet to satisfy why a notice in a petition filed by aircraft lessor Aircastle (Ireland) Limited should not be served to the airline. The counsel from Aircastle (Ireland) Ltd placed three judgments on record pointing that the same operational creditor could file separate petitions if the invoices were over Rs 1 crore threshold prescribed for insolvency cases. At the earlier hearing, the tribunal had asked the lessor to satisfy if the same operational creditor could file multiple petitions.

17.08 / 13:13

Provident Target Strategy show Centre Customers More than half of Byju’s tuition centre customers seek refund in past two years: Report

edtech startup. Between November 9, 2021, to July 11, 2023, a total of 43,625 refund requests were submitted to Byju’s Tuition Centers. Byju's reportedly processed 41,198 of these requests, accounting for approximately 95% of the total refund requests.

17.08 / 12:59

Target RIG Align Dreams Mercantile Natural Gas: Is There a More Baffling Market Than This?

From storage to weather, rig count and pricing, natural gas is a market for some of the most imaginative bets. And like any card game, the House will almost always have a better hand than yours, no matter your smarts.

17.08 / 12:23

UPS Citi BLOCK Waters Puzzle show NOT Too Many Vacant Lots, Not Enough Housing: The U.S. Real-Estate Puzzle

CHICAGO—DaJuan Robinson was remodeling a house on the South Side, not far from the University of Chicago, when he spotted a vacant lot two doors away. He thought it might be worth developing. Then he learned about the back taxes, unpaid water bills and other hurdles that would take too much time and money to clear.

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