Cover Financial News
25.08 / 08:31
UPS
Extreme
Gap
Marvell
cover
Why China’s economy won’t be fixed
world economy in 1978, it became the most spectacular growth story in history. Farm reform, industrialisation and rising incomes lifted nearly 800m people out of extreme poverty. Having produced just a tenth as much as America in 1980, China’s economy is now about three-quarters the size.
25.08 / 08:05
UPS
Provident
awards
country
cover
exclusive
HDFC Bank launches India's first co-brand hotel credit card with Marriott Bonvoy. Know about the benefits
The co-branded credit-card aims to become one of the most rewarding travel cards in India. Users can avail the benefits offered by both the brands with this credit card. They will also get benefits such as priority late checkout, exclusive member rates, Marriott Bonvoy bonus points and much more.
25.08 / 05:55
COST
Digital
Booking
Google
Platform
cover
Bengaluru's Namma Yatri app likely to start charging subscription fees from September 1. Details here
₹25 for unlimited trips/day or ₹3.50 per ride with no charges after 10 trips. According to a Moneycontrol report, officials say that the app has been offered free of cost since its launch but the subscription fees is needed to maintain the app, cover expenses and manage customer care centre.
25.08 / 05:25
UPS
Booking
Citizens
CEO
Dreams
cover
Returns
Bank fixed deposit interest rates start seeing a dip; how to select FD tenure now for maximum returns
FD interest rates. The Reserve Bank of India (RBI) paused the benchmark repo rate for the third consecutive time in the August Monetary Policy Committee (MPC) meeting. Further, the decision to withdraw Rs 2,000 notes from circulation created surplus liquidity in the banking system and helped in keeping in check the rise in interest rates on FDs.
25.08 / 05:25
UPS
Target
Amazon
performer
cover
Top Picks: Best Gym Benches in India for Ultimate Workouts
While you're at it, consider adding 10 kg or even 20 kg dumbbell sets to your fitness depot for added challenges. This article is your guiding light to selecting the ideal gym bench that complements your exceptional dumbbell collection. We've ensured that you receive comprehensive details about each featured product, empowering you to make an informed decision. Dive in and take the next step toward achieving your fitness goals. Your path to a comprehensive and well-rounded home gym experience starts right here.
25.08 / 02:53
BLOCK
Entertainment
Mobile
Software
awards
show
cover
Stocks to Watch: SBI, Adani Group, Paytm, RIL, Coforge, Vedanta
State Bank of India: SBI Chairman Dinesh Khara is likely to remain at the top post for another 10 months. The official – appointed in October 2020 – may now remain in the role beyond this three-year term. SBI rules mandate retirement at the age of 63 for its chairman – an age that Khara will reach in August next year.
25.08 / 02:11
UPS
Amazon
country
cover
electronic
Teamsters union votes to ratify UPS contract
Check out whats clicking on FoxBusiness.com
25.08 / 02:01
25.08 / 02:01
Nov
Sony
film
Actor
Warner Bros
star
cover
MGM
2024
'Dune: Part 2' release postponed to 2024 as actors strike lingers
The release of “Dune: Part Two,” one of the fall’s most anticipated films, has been postponed from November until next near
25.08 / 02:01
25.08 / 02:01
Aviat
Fighting
Airlines
cover
The FAA will consider tighter regulation of charter flights that look more like airline service
The Biden administration says it will take a look at increasing regulation over some air charters that operate much like regular airlines
25.08 / 01:21
Digital
Booking
track
cover
Indiabulls Housing Finance repays Rs 2,232 cr, clears all $3-billion ECBs
Indiabulls Housing Finance has repaid ₹2,232 crore of external commercial borrowings (ECBs) raised in 2018 from Barclays, Japan's MUFG and Sumitomo Mitsui Banking Corp, Taiwan's CTBC and Australia and New Zealand Banking Group (ANZ), bringing to an end a deleveraging process the company started after IL&FS had foundered in 2018. Chief executive Gagan Banga said with the repayment on Thursday, the company has repaid all of its $3 billion foreign currency borrowings availed of in the last few years and will now shift focus to growing its assets under management (AUM). «From here on our debt repayments are merely ₹400 crore to ₹700 crore a month. This will be more than comfortably covered by repayment from the loan portfolio.
25.08 / 01:21
Platform
cover
Time
Adani Group's cash balance at all-time high of Rs 42,000 cr in Q1
Adani Group's cash balance has reached an all-time high of ₹42,115 crore in the June quarter, an increase of ₹1,764 crore from the previous quarter, helped by a series of strategic initiatives. The company's net debt to operating profit ratio has fallen below three for the first time in a decade, on a run-rate basis, the company said in a statement on Thursday. The total equity deployed has surged to 55.77% of its total assets, marking a significant rise from 40.16% at the end of FY19.
24.08 / 23:31
COST
Man
Aware
Mobile
cover
Inside
Charges laid over insider trading at Kidman’s Wesfarmers sale
A man with close links to former Kidman Resources chief executive Martin Donohue has been charged with insider trading, with the corporate regulator alleging he had early knowledge of Wesfarmers’ $776 million plan to buy the lithium company in 2019.
24.08 / 20:01
COST
Provident
CRA
Pool
cover
Inside
CRA decision to deny taxpayer late-filing relief sent back for review by judge
If you own foreign investments whose total cost exceeds $100,000 at any point in a tax year, you’re required to file a Form T1135, Foreign Income Verification Statement, which covers obvious foreign assets, such as funds in a Cayman bank account, but also foreign stocks held in a Canadian, non-registered brokerage account.
24.08 / 20:01
24.08 / 19:15
Whirlpool
cover
Agency
Whirlpool is fined $11.5 million by US agency over hazardous cooktops
(Reuters) — Whirlpool (NYSE:WHR) agreed to pay an $11.5 million civil fine to resolve charges by the U.S. Consumer Product Safety Commission that it knowingly failed to immediately report some of its electric radiant heat cooktops posed burn and fire hazards.
24.08 / 18:37
24.08 / 18:19
UPS
FIVE
show
cover
Journalism has seen a substantial rise in philanthropic spending over the past 5 years, a study says
A study points to a “substantial” increase in philanthropic funding for journalism over the past five years, particularly to outlets that serve poor and minority communities
24.08 / 18:00
24.08 / 17:39
UPS
Provident
cover
Adani group touts enough cash to service debts in coming decade
₹77,890 crore ($9.4 billion) by the end of March. That provides enough liquidity for the company to cover debts that will mature within a year. Nearly 60% of its debts were from banks, while the rest are bonds raised from both India and offshore markets.
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