Cover Financial News
26.11 / 10:33
COST
Food
stage
cover
Department
Pharmaceuticals
Biden proposes Medicare and Medicaid cover costly weight-loss drugs for millions of obese Americans
Millions of obese Americans would be eligible to have popular weight-loss drugs like Wegovy or Ozempic covered by Medicare or Medicaid under a new rule the Biden administration proposed Tuesday morning
26.11 / 08:39
Provident
Target
Digital
Manufacturing
Enterprise
country
cover
Tax action in the Union budget for 2025-26 could set the course for Viksit Bharat
Subscribe to enjoy similar stories. Balancing fiscal prudence with the need to provide a growth impetus has been a hallmark of our government over past Union budgets. Tax buoyancy has improved, while taxation has been simplified and ease of paying taxes enhanced.
25.11 / 21:53
COST
Target
Harmonic
cover
information
‘Step up’: Freeland urges provinces to follow Ottawa on tax ‘holiday’
The federal government is calling on the provinces to “step up” and drop their sales taxes on certain items in line with Ottawa’s proposed two-month relief period.
25.11 / 18:53
UPS
Citi
country
cover
reports
Thied Eye: Washed away by rain forecast, Caught up in procedures & Time to take independent view
NTPC's green hydrogen hub in Vizag, one of the country's largest, on November 29 has been pushed back. Andhra Pradesh Chief Minister N Chandrababu Naidu had invited the Prime Minister for opening, and several large investments were expected to be announced from Vizag.
25.11 / 15:55
economy
Pool
Research
wellness
country
cover
International
FCA launches economic research competition to help find solutions to UK growth epidemic
Applicants are required to put forward research proposals which cover areas the FCA could have an influence on, such as growth and productivity of the UK financial services sector, its international competitiveness, as well as ways to support the country's economy and consider regulatory impacts. Financial services firms rush to AI despite lack of understanding of its functions «We recently reviewed what research had been done into the role regulation can play in supporting growth and competitiveness, and we found the pool was a mile wide and an inch deep,» Kate Collyer, chief economi...
25.11 / 14:51
25.11 / 13:27
Citi
Coca-Cola
awards
Adidas
FIFA
cover
electronic
FIFA signs Budweiser brewer AB InBev to separate sponsor deal for 2025 Club World Cup in the US
FIFA has signed its long-time sponsor AB InBev to a Club World Cup deal that will promote the Budweiser and Michelob Ultra brands at the tournament in the United States next year
25.11 / 09:59
Invesco
MSCI
performer
cover
reports
Macro factors play 'outsized role' in Asia Dragon trust's 'mixed' results
In the company's annual financial results, covering the year end 31 August, it reported a 9.3% increase in net asset value, lagging the MSCI AC Asia ex Japan benchmark index which rose 12%. This was, however, a positive shift for the trust overall versus the same period in 2023 when it reported a 16.7% decline in NAV. Regarding performance, chair James Will said there was an «initial weakness in late 2023» but this stabilised by August 2024 following a «reset» when the company merged with abrdn New Dawn trust in November 2023. abrdn and Invesco Asia-focused trusts agree merger to f...
25.11 / 08:31
Provident
Airlines
Food
poverty
cover
travelers
International
Charlotte airport workers plan to strike during busy Thanksgiving travel week
Service workers at Charlotte Douglas International Airport plan to go on strike during a busy week of Thanksgiving travel to protest what they say are unlivable wages
25.11 / 08:05
markets
UPS
Provident
FIVE
cover
stars
Features
Health insurance with no premium hikes: Should you buy such plans?
Subscribe to enjoy similar stories. You bought health insurance in your twenties and have been paying premiums for 5-10 years. Despite being healthy and never having filed a claim, your policy premium has still increased which can feel unfair.
25.11 / 01:51
markets
COST
security
Strategy
Experts
cover
How to create financial plan for family with special needs child
retirement. Vansh has life and health insurance, but they also have a car loan. How do they navigate these challenges? Sonia and Vansh Kumar need to focus on three key areas: budgeting for Sara’s care, revising their financial plan, and estate planning for her future. They must account for all the expenses related to Sara’s disability, including therapies, tutoring, transportation, and nursing care. Since therapies are costly, they should fit these into their monthly budget and start a ‘special needs fund’ for her future care. Avoiding excessive debt is crucial as it could derail their financial stability. The Kumars should review their life and health insurance coverage and increase the cover size. Both parents must have life insurance to fund Sara’s caregiving needs in their absence. Instead of focusing only on their retirement, they should prioritise building a childcare corpus for Sara. Additionally, they should explore health insurance and medicare options for individuals with special needs to reduce future medical expenses.
25.11 / 00:35
markets
Analysis
trends
show
cover
recommendations
Stocks to buy: Two stock recommendations from MarketSmith India for Monday-25 November
Subscribe to enjoy similar stories. The Nifty50 benchmark index made a strong recovery on Friday, driven by short covering in index heavyweights, exit polls signalling a comfortable victory for the BJP in Maharashtra, and positive global cues triggered buying across sectors. The advance-decline ratio of 3:1 favoured the bulls.
25.11 / 00:35
markets
IPO
Election
wellness
cover
gatherings
A bounce is building in the market, but will it last?
Subscribe to enjoy similar stories. Mumbai: Stock market engines that roared back on Friday may gather more steam this week, after the Bharatiya Janata Party-led alliance scored a runaway victory in the Maharashtra assembly elections. However, market participants warned that a short covering-led rally could prompt investors singed by the recent correction to cut losses, potentially limiting the life of the rebound.
24.11 / 19:43
markets
Action
security
Strategy
awards
Experts
cover
Vodafone Idea misses Rs 350-crore bank guarantee payment; may not face penal action
Vodafone Idea (Vi) missed paying its second bank guarantee (BG) of about '350 crore to cover for spectrum bought in a 2012 auction and which was due November 1, said officials familiar with the matter. This follows India's third-largest telecom operator missing payment of more than '4,600 crore BG this September for a 2016 spectrum auction. The Department of Telecommunications (DoT) is, however, unlikely to invoke any penal action against the struggling telco till a decision is taken on a DoT proposal to waive BG for spectrum auctions. «The draft Cabinet note on the waiver has been prepared and circulated and it will be sent for approval soon,» an official told ET. A second official said the law ministry and the finance ministry are yet to reply on the note but still it might be sent to the Cabinet to take a final call on the matter.
24.11 / 16:41
markets
Reuters
Digital
President
cover
reports
Iran to hold big nuclear talks. What does this mean for USA?
Iran will hold talks about its disputed nuclear programme with three European powers on November 29, the Iranian foreign ministry said on Sunday, days after the U.N. atomic watchdog passed a resolution against Tehran, as per a report. Iran reacted to the resolution — proposed by Britain, France, Germany and the United States — with what government officials called various measures such as activating numerous new and advanced centrifuges, machines that enrich uranium, Reuters reported. Japan's Kyodo news agency, which first reported that the meeting would take place on Friday in Geneva, said Iranian President Masoud Pezeshkian's government was seeking a solution to the nuclear impasse ahead of the inauguration in January of U.S. President-elect Donald Trump.
24.11 / 15:17
COST
security
Election
Research
country
cover
India Inc’s interest cover weakens in Q2 amid slowing revenue, profit growth
finance sector, it fell to a seven quarter low of 4.8% in the September quarter. It was 5.7% in the previous quarter and 5.4% in the year-ago quarter. The ratio is calculated as profit before interest and tax (PBIT) divided by interest outgo. It reflects the ease with which a company can cover interest expenses or service debt; a higher ratio is desirable. “Interest costs have risen sharply year-on-year due to higher (interest) rates and working capital requirements,” said Deepak Jasani, retail research head, HDFC Securities. For the sample, interest cost increased at a three quarter high of 7.2% year-on-year in the three months to September at a time when the aggregate top line growth was at a three quarter low of 4.9% amid lower government expenditure due to elections and flood situations in various parts of the country during the monsoon season. In addition, raw material costs as a percentage of revenue increased to 35.1% from 34% in the year-ago quarter. This affected EBIT, which fell by 4.9% year-on-year. It in turn weakened the interest coverage ratio for the quarter.
24.11 / 06:15
UPS
Booking
Opinion
SpaceX
cover
Department
rights
What to read to understand Elon Musk
Subscribe to enjoy similar stories. YOU WOULD have thought Elon Musk was busy enough building brain implants, electric cars, grid-scale batteries, robots, rockets, satellites and tunnelling machines. Apparently not.
23.11 / 17:13
23.11 / 14:19
Universities
cover
Updates
cricket
Nigeria vs Saint Helena Live Score: Nigeria score after 20 overs is 185/2
Venue : University of Lagos Cricket Oval, Lagos Nigeria squad - Daniel Ajekun, Isaac Danladi, Olayinka Olaleye, Isaac Okpe, Prosper Useni, Sylvester Okpe, Vincent Adewoye, Selim Salau, Sulaimon Runsewe, Chiemelie Udekwe, Joshua Asia, Peter Aho, Ridwan Abdulkareem, Taiwo Mohammed Saint Helena squad - Barry Stroud, Brett Isaac, Delroy Leo, Joey Thomas, Rhys Francis, Brendan Leo, Dane Leo, Jamie Essex, Scott Crowie, Cliff Richards, David Young, Aiden Leo, Andrew Yon, Jordan Yon Nigeria vs Saint Helena Live Score: Nigeria Isaac Danladi 48 (26) Olayinka Olaleye 46 (36) Saint Helena Brendan Leo 0/34 (4) Nigeria vs Saint Helena Live Score: Four! Played towards covers. Nigeria vs Saint Helena Live Score: Nigeria Isaac Danladi 40 (21) Olayinka Olaleye 43 (35) Saint Helena Aiden Leo 1/51 (4) Nigeria vs Saint Helena Live Score: Four! Played towards mid on.
23.11 / 14:19
COST
wellness
Experts
cover
information
patient
rights
Even with access to blockbuster obesity drugs, some people don't lose weight
Most people taking popular drugs like Ozempic and Wegovy to lose weight have shed significant pounds
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