Cover Financial News

28.08 / 22:17
UPS Cooper Citizens Waters country cover Fukushima residents are cautious after the wrecked nuclear plant began releasing treated wastewater
Fish auction prices at a port south of the Fukushima Daiichi nuclear power plant are mixed amid uncertainty about how consumers may respond a day after treated and diluted radioactive wastewater began to be released into the sea
28.08 / 22:17
Provident Action Airlines cover American Airlines American Airlines fined $4.1 million for dozens of long tarmac delays that trapped passengers
American Airlines is drawing the largest fine ever keeping passengers on delayed flights without giving them a chance to leave the plane
28.08 / 22:17
Provident Action Kaiser cover Michigan Gov. Gretchen Whitmer to call on Democrats to codify 'Obamacare' into state law
Michigan Gov. Gretchen Whitmer will call on lawmakers to pass legislation proactively protecting key provisions in the Affordable Care Act during a speech Wednesday where she'll outline her legislative priorities for the second half of the year
28.08 / 21:39
UPS Provident Ball Action Racing cover guidance IRS catch-up guidance a relief to 401(k) sponsors, advisors
The retirement plan world is breathing a sigh of relief after the IRS Friday announced a two-year delay on requiring high-income workers who make 401(k) catch-up contributions to do so in Roth accounts.
28.08 / 21:39
FIVE Allianz show cover social Helping clients overcome their lack of ‘longevity literacy’
Longevity risk continues to be a hot topic for advisors, especially as their clients continue to suffer from a lack of “longevity literacy.“
28.08 / 20:45
Provident Digital Platform Enterprise track country cover Jio AirFiber launch in September, 6G on speed dial
Reliance Jio will launch its fixed wireless access offering — Jio AirFiber — on September 19, Reliance Industries chairman Mukesh Ambani said. While Jio, with 50 million 5G users, is on track to have a pan-India coverage of the next-gen technology by December 2023, the telco will be among the first globally to develop 6G capabilities, he said. The launch of Jio AirFiber — coming shortly after rival Bharti Airtel commercially launched its own device — is expected to help expand Jio's addressable market over the next three years to over 200 million high-paying homes and premises, Ambani said, addressing shareholders of Jio's parent Reliance Industries at a virtual annual general meeting on Monday. «Our extensive optical fibre presence puts us in close proximity to over 200 million premises.
28.08 / 20:03
UPS Provident Target Platform Pool cover Jio AirFiber to target 200 mn homes
NEW DELHI : India’s leading carrier, Reliance Jio, is set to introduce its 5G home broadband service, Jio AirFiber, on 19 September, seeking to cover 200 million homes, Reliance Industries Ltd (RIL) chairman Mukesh Ambani said. Besides, it also seeks to democratize artificial-intelligence (AI) access for all Indians, as the carrier moves to becoming a tech-co from a telco. Ambani also outlined four key growth areas for the telco, including the consumer segment, powered by Jio 5G and Jio Bharat (a 5G device tailored for feature-phone users); home segment will benefit from Jio AirFiber; and the business segment and Jio Platforms will be focussing on global expansion.
28.08 / 19:05
Align cover Indian IIMs turn a new leaf, bring ancient Indian learnings to their students
Indian Institutes of Management (IIMs), including Ahmedabad, Indore, Kozhikode, Raipur, Nagpur and Sirmaur. On graduating from these institutes, the young managers/leaders are expected to be equipped to take key decisions at the board-room and corporate levels with management learnings from ancient Indian heritage and culture. The unique courses cover management learnings from Indian philosophy, ancient Indian ethos, science of happiness, Kautilya's Arthashastra, negotiation skills based on the Mahabharata and workplace wellbeing through karma yoga. These courses, most of which are in the pipeline, will be credit-based electives and are in line with the National Education Policy 2020. The policy proposes the revision and revamping of all aspects of the education structure, including its regulation and governance, to create a new system that is aligned with the aspirational goals of 21st century education, including the sustainable development goal on quality education (SGD4), while building upon India's traditions and value systems, the NEP policy document states. IIM-Ahmedabad is offering brand new courses on Indian philosophy, ancient Indian economy and management through its new online offering for any learner (even outside of IIMA).
28.08 / 18:13
COST Action track cover tracking Of tracking error and tracking difference
Expenses: Passive funds charge TER to cover management and operating expenses associated with managing the fund. A higher or lower TER has a direct impact on the fund returns. Cash holdings: Passive funds also hold a certain percentage of AUM in cash and cash equivalents (usually liquid securities) to honour investor redemptions.
28.08 / 17:57
Provident Digital Aware cover Portal Lenders working on common portal to handle digital frauds
fraudsters that would make information accessible in real time to all the banks to prevent digital frauds and provide faster resolution of such issues, people familiar with the development said. They have initiated discussions with the Reserve Bank on the proposed portal, they said. A senior bank executive aware of the developments said the portal will help lenders connect seamlessly on such fraud cases and stop and trace funds being transferred from one account to multiple accounts. «In most cases of digital fraud, money is transferred into multiple accounts spread across various banks and financial entities. This becomes too difficult to trace at times, leading to delays.
28.08 / 17:51
UPS FIVE Fulton star cover Trump Factbox-Key dates on Trump's overlapping legal and political calendars
(Reuters) — Former U.S. President Donald Trump faces a tangled calendar in the year ahead as he seeks the 2024 Republican nomination while trying to fend off four criminal and three civil trials, some related to his attempts to overturn his 2020 loss.
28.08 / 17:13
UPS Progressive Manufacturing Assurant Remark country cover medicines We want assurance of quality of generic medicines, says IMA President
NEW DELHI : Indian Medical Association (IMA) president Dr Sharad Agarwal has raised concerns over the quality of generic medicine made in India. In an interview, he also raised concerns on restrictions placed on doctors attending medical conferences, saying educational conferences are only a discussion forum about advancements in medicine. His remarks come amid a controversy on a National Medical Commission (NMC) regulations, now put on hold by the health ministry.
28.08 / 17:13
UPS Provident Digital Citizens cover dutch India’s health plans catch Dutch interest
NEW DELHI : The Netherlands is in talks with Indian health officials to try and understand the playbook of the country’s two flagship health schemes—Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB PM-JAY) and Ayushman Bharat Digital Mission (ABDM). Dutch officials visited the offices of the National Health Authority (NHA) last week against the backdrop of plans by the Netherlands to roll out a digital genetic passport for Dutch citizens that aims to identify citizens by their susceptibility to hereditary diseases, an Indian official said.
28.08 / 16:29
Citi FIVE Digital Aware show cover social Urban millennials in India have had much to reveal in five years
covid pandemic, at a time when prompt data was hard to come by. The results of the survey’s 10th round, which took place in June, have been published in Mint over the last two weeks, starting 15 August (bit.ly/3YH0IoF). The latest round, which covered 10,072 respondents, sought to understand the views of urban Indians on the country’s newfound status as the world’s most populous nation.
28.08 / 14:21
COST UPS Provident Target Pool cover Genetic test that saved infant's life offers hope for millions more, says research
No one knew what was wrong until a test that looked at her full genetic blueprint found a rare bleeding disorder called factor XIII deficiency — an early diagnosis that saved her life. «You have this hopeless feeling when you don't really know what's going on,» said her father, Mike Schulte. «Casting a wide net really made a world of difference figuring this out quickly and getting her the right care that she needed almost immediately.» Brynn, now 4, got the genetic testing as part of a clinical trial, the results of which were published recently in the Journal of the American Medical Association. «Whole genome» tests are nearly twice as good as narrower tests at unearthing genetic abnormalities that can cause disease in infants — the study found 49% of abnormalities, compared to 27% with more commonly used tests targeting particular types of genetic diseases. Whole genome tests could solve the problem of doing several narrowly targeted tests on babies, which still might not find the disorder. Experts caution there are some issues, because labs vary in how they interpret results, and whole genome tests are costlier and less likely to be covered by insurance.
28.08 / 14:11
Provident Target FIVE show performer cover Karnataka: Rahul Gandhi to launch Gruha Lakshmi scheme in Mysuru as Congress eyes rich haul of Lok Sabha seats
Rahul Gandhi will roll out the government's ambitious Gruha Lakshmi programme in Mysuru on Wednesday as the state leaders pin high hopes on the scheme to fetch votes for the party and improve its tally in the upcoming Lok Sabha polls. Chief Minister Siddaramaiah has chosen his home district to launch the programme, the fourth guarantee the Congress had pledged to implement on coming to power. So far, 1.08 crore women heads of families have enrolled.
28.08 / 09:53
UPS Man Remark DiRT cover Mysterious 'Wolf Man' spotted in Germany's Harz mountains leaves hikers intrigued
Unusual reports have surfaced from the heart of Germany's Harz mountains, as hikers claim to have encountered a perplexing figure known as the 'Wolf Man' within the region's forests. German newspaper Bild reveals that two hikers managed to capture the enigmatic individual on camera.
28.08 / 09:19
track country cover reliance agm Reliance AGM 2023: Key highlights from RIL Chairman Mukesh Ambani's speech to shareholders
Reliance Chairman Mukesh Ambani sounded upbeat about the India story and revealed the company's ambitious plans in his speech at the 46th Annual General Meeting (AGM) of the company. Highlighting that the new India is full of self-confidence and the new Reliance is the forerunner of the emerging new India, Ambani pointed out that Reliance Industries’ consolidated revenues stood at ₹9,74,864 crore, while EBITDA for FY23 was ₹1,53,920 crore in FY23. The net profit was ₹73,670 crore.
28.08 / 06:25
UPS Target Extreme Platform stage star cover What could be the market cap of Reliance Retail in next 3 years? Abneesh Roy answers
«We are definitely excited by the new launch of Reliance Retail on the Yousta. So, first store has already come out in Hyderabad and we expect around 200 stores opening in FY24,» says Abneesh Roy, Nuvama.Who wants to start first?We are definitely excited by the new launch of Reliance Retail on the Yousta.

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