Action Financial News
22.05 / 22:09
22.05 / 21:49
Action
Fighting
CBS
reports
International
Sporting
Conor McGregor to fight with UFC welterweight champion Leon Edwards? Details here
Conor McGregor may take on UFC welterweight champion Leon Edwards as both fighters pondering over a blockbuster fight later in 2024, as per a report on CBS sports. Edwards will fight Belal Muhammad for welterweight title at UFC 304 which is scheduled to take place in Manchester on July 27. Meanwhile, McGregor will fight Michael Chandler at UFC 303 on June 29 in the International Fight Week. McGregor has been out of action since July 2021. Talking to "The MMA Hour", Edwards gave thumbs up for a potential fight with McGregor. UFC champion has also suggested that New York will be a perfect venue for the fight, if it happens.
22.05 / 19:31
markets
Progressive
Action
economy
President
show
Updates
Fed meeting minutes show some 'willingness' to hike rates again
Bolvin Wealth Management Group President Gina Bolvin discusses the move in commodities, expected inflation data, the housing industry and her outlook for consumers.
22.05 / 18:55
markets
Target
Progressive
Action
Food
wellness
show
Federal Reserve minutes indicate worries over lack of progress on inflation
Federal Reserve officials grew more concerned at their most recent meeting about inflation, with members indicating that they lacked the confidence to move forward on interest rate reductions.
22.05 / 18:23
UPS
Provident
Action
Southern
community
prevention
Judge signs off on $600 million Ohio train derailment settlement but residents still have questions
A federal judge has signed off on the $600 million class action settlement over last year's disastrous Norfolk Southern derailment in eastern Ohio, but many people who live near East Palestine are still wondering how much they will end up with out of t...
22.05 / 17:50
Williams
Action
community
Justice
show
Courts
Scandals
What is UK Post Office Scandal? Who is Paula Vennells?
Paula Vennells, the ex-British Post Office head, on Wednesday become the one of the most trending persons on the social as she had sobbed after appearing before a public inquiry into the wrongful conviction of hundreds of postmasters. She claimed that the event caused by errors not conspiracy, and if anything she had been «too trusting» of others. The incident has been one of the country’s biggest miscarriages of justice that saw hundreds of branch managers wrongly convicted of theft or fraud because of a faulty computer system, as per report. While Vennells was CEO, a group of postal workers took legal action against the Post Office in 2016. Three years later, the High Court in London ruled that Horizon contained a number of «bugs, errors and defects» and that the Post Office «knew there were serious issues about the reliability» of the system, including that employees at Fujitsu could remotely access the ledgers of branch managers.
22.05 / 16:59
Action
security
Election
Death
country
rights
UK PM Rishi Sunak calls snap general election on July 4: ‘Now is the moment…’
Sunak, 44, will be facing the public for the first time as the leader of the party, after being chosen as the leader of the largest party in parliament by a vote within the Conservatives in October 2022. He took office in October 2022, following the scandal-ridden premiership of Boris Johnson and the upheaval of Liz Truss's 49-day tenure.After his speech late Wednesday, Sunak posted on X, “These uncertain times call for a clear plan and bold action to chart a course to a secure future.
22.05 / 15:33
markets
COST
CEO
Action
Sustainability
reports
Paytm CEO Vijay Shekhar Sharma says ‘the worst is behind us’ after Q4 results
Paytm founder and CEO Vijay Shekhar Sharma told shareholders in a post-earnings call on Wednesday that the worst is behind the company after One97 Communications, its parent firm, reported lower quarterly revenue and a bigger loss on Wednesday."We learned a lot of our lessons to become better and resilient. We also resolved to be fully compliant according to the regulators expectations in letter and spirit," Sharma said in the earnings call.
22.05 / 15:27
Citi
MET
Waters
Action
Yellow
Department
Delhi swelters as max temperature reaches 43.4 deg C
Delhi's maximum temperature on Wednesday reached 43.4 degrees Celsius, three notches above the season's average, and remained in the 'Yellow' alert zone, according to the India Meteorological Department (IMD). There is a very high likelihood of developing heat-related illnesses and heat stroke in people of all ages, and a significant health concern for vulnerable individuals, such as infants, the elderly, and those with chronic diseases, the weather office said. «Avoid heat exposure and keep cool. Avoid dehydration,» the IMD advised, adding that people should drink sufficient water and use ORS or homemade drinks like lassi, torani (rice water), lemon water and buttermilk to stay hydrated. According to the IMD, the city will be on orange alert on Thursday.
22.05 / 14:35
UPS
Action
Cybercrime
stage
reports
prevention
Cybercrime on the rise as account takeovers become leading method
Cybercriminals are becoming more prolific and evolving their methods of committing fraud, necessitating robust defensive action from consumers.
22.05 / 10:41
Action
wellness
donates
Equality
rights
NOT
Electoral bonds case: Do not nullify past transactions
electoral bond scheme for political donations as unconstitutional. This has meant serious ramifications for corporate houses that made contributions to political parties based on this scheme and the three statutes which were amended to facilitate it. If transactions done before the ruling are not preserved by the SC, it is going to cause donor companies a lot of hardship.
22.05 / 10:41
Action
film
performer
audience
classical
isolate
Why ‘Mad Max: Fury Road’ is the greatest action movie of all time
Furiosa: A Mad Max Saga, and before we witness this brand new apocalyptic explosion in theatres, it is a fine time to rewatch the film that came before it—not that any excuses are necessary. Nine years ago, Miller’s Mad Max: Fury Road (streaming in India on Netflix) not only redefined action cinema but transcended the entire genre. It is a film unlike any film before it—which is ironic, considering it follows Miller’s cult classics Mad Max, The Road Warrior and Mad Max Beyond Thunderdome—and every single frame trembles with burning hot originality.
22.05 / 08:43
Action
security
President
show
country
information
What does an emerging Squad in the Indo-Pacific mean for India?
Quad, Aukus, the US-Philippines-Japan trilateral and the US-Japan-South Korea trilateral. The Philippines, Japan and Australia are not treaty allies; however, each of these countries shares a bilateral treaty alliance with the US. Thus, the idea behind the Squad centres on the desire of all four democracies to deepen their level of integration beyond the hub-and-spokes format at a time when China has been militarizing the South China Sea at the expense of the rules-based order of the Indo-Pacific.
22.05 / 07:51
COST
Digital
Google
Action
reports
Updates
Paytm warns of job cuts as sales slide, revenue down 2.7% amid RBI action on payments bank arm, says report
Paytm has announced potential job cuts and plans to trim non-core assets following its first-ever decline in sales on May 22, Bloomberg reported. This comes after a regulatory probe into the startup's financial arm Paytm Payments Bank (PPBL) by the Reserve Bank of India (RBI) significantly impacted the company's operations. The fintech pioneer, once a symbol of India’s startup success, reported a net loss of ₹550 crore in the quarter ended March 2024, while its revenue from operations in Q4FY24 dipped 2.6 percent to ₹2,267.10 crore, marking its first drop since its 2021 stock-market debut.
22.05 / 07:01
COST
Provident
Action
Election
President
War
Department
Biden releasing 1M barrels of gasoline from Northeast reserve in bid to lower prices
The sale will be allocated in increments of 100,000 barrels at a time.
22.05 / 05:37
Provident
Waters
Action
security
Remark
consequences
innovations
Remain focused on being combat ready at all times: Navy chief to officers
Indian Navy must remain combat ready at all times to safeguard national maritime interests, Navy Chief Admiral Dinesh K Tripathi has said amid China's increasing forays into the Indian Ocean and volatile situation in the Red Sea. In an address to officers posted at the naval headquarters here, he delved into the current security environment in the strategic waters and consequent actions required by the Navy. He emphasised that as the primary manifestation of India's maritime power, the «raison d'etre of Indian Navy is to remain combat ready at all times to safeguard national maritime interests anytime, anywhere, anyhow». In his remarks to the officers on Tuesday, the Navy chief reiterated the unwavering commitment of the Indian Navy towards the government's Aatma Nirbharta (self-reliance) initiative.
22.05 / 05:05
Action
social
travelers
Videos
cricket
Sporting
Babar Azam's ‘shameless' video: Pakistan cricket captain irks netizens ahead of T20 World Cup 2024
Cricket fans have started criticising Babar and the Pakistan team over the cricketer’s actions, especially because of Pakistan’s current economic hardships. LiveMint could not verify the authenticity of the video, which was apparently uploaded by the Pakistan captain on Snapchat. “Apart from a rare few in Pakistans sporting history, none have the charisma, impact and influence of any kind, nothing for a young kid to aspire about.
22.05 / 05:05
UPS
Provident
Williams
Action
information
Courts
US bankruptcy court pulls up Byju’s co-founder Riju Ravindran for concealing $533 mn
This compounds the problems for the company that was once valued at $22 billion and has been reeling under several legal cases filed against it by its key global investors, vendors and bondholders. A company spokesperson did not immediately respond to queries from Mint. The ruling comes after a year-long legal battle between Think & Learn, the parent company of Byju’s and the group of bondholders holding term loan B bonds.
22.05 / 05:05
UPS
Google
Action
reports
Paytm parent reports lower Q4 revenue, loss widens
BENGALURU : One 97 Communications, the parent of payments aggregator Paytm, on Wednesday reported a fall in its fiscal fourth quarter revenue, hurt by a dwindling customer base after the regulatory authorities directed the payment giant to halt certain banking activities. Losses also widened for the three months through March on the back of an impairment of ₹227 crore for carrying the value of company's investment in Paytm Payments Bank Ltd, it said in a statement. Revenue fell to ₹2,399 crore in the quarter ended 31 March 2024, from ₹2,465 crore a year earlier.
22.05 / 02:53
Action
Porsche
Death
Justice
show
Courts
Investigations
Pune Crash: Teen spent over Rs 48k at pub before mowing down 2, skipped Rs 1,758 registration fee
Pune police, who had requested the court to treat him as an adult. However, the court rejected the request and granted bail under the Juvenile Justice Act, imposing conditions along with the bail. The speeding Porsche Taycan, driven by the juvenile, crashed into the motorcyclists from behind, causing their deaths on the spot. The police booked the minor for rash and negligent driving, endangering life, and causing harm under IPC Sections 304A, 279, 337, 338, 427, and relevant sections of the Maharashtra Motor Vehicle Act at Pune City's Yerwada Police Station. Teen Spent Rs 48,000 at pub before crash
22.05 / 02:25
Citi
Action
Porsche
reports
Department
Updates
Sporting
Pune Porsche accident: Car registration stalled since March over unpaid ₹1,758 fee
Pune city, had its permanent registration pending since March due to the owner's failure to pay ₹1,758 in fees, PTI reported. The vehicle in question was a luxury electric sports sedan, the Porsche Taycan, reportedly driven by a 17-year-old son of a well-known builder.
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