Deloitte Financial News
21.10 / 03:01
markets
Digital
Strategy
Sustainability
Deloitte
reports
strain
Naomi Osaka season over because of injury
Tokyo: Naomi Osaka's season appears to be over after she said she will not play at next month's Billie Jean King Cup finals because of injury. The four-time Grand Slam singles champion said in Tokyo on Sunday that she had ruptured abdominal muscles. «I thought I strained my back, but I did an MRI in Beijing and they said that I bulged a disc in my back and I also ruptured abdominal muscles,» Japan's Kyodo News agency reported the 27-year-old as saying.
21.10 / 00:01
markets
Digital
Remark
Deloitte
Golf
reports
Schools
Donald Trump blasted by Arnold Palmer's daughter over genitalia remarks
Donald Trump's references to her father's genitalia “a poor choice of approaches" to honoring his memory, adding that she wasn't upset by the remarks, as per AP report. “There’s nothing much to say. I’m not really upset,” Peg Palmer Wears, 68, told The Associated Press in an interview on Sunday. «I think it was a poor choice of approaches to remembering my father, but what are you going to do?” On Saturday in Latrobe, Pennsylvania — the city where Palmer was born in 1929 and learned to golf from his father — Trump kicked off his rally in the campaign's closing weeks with a detailed, 12-minute story about Palmer that included an anecdote about what Palmer looked like in the showers, AP reported.
21.10 / 00:01
Deloitte
President
Experts
PAM
reports
Colleges
Donald Trump makes surprising visit to McDonald's store during US election 2024 campaign. Here's why
Donald Trump visited a McDonald's in Pennsylvania on Sunday as he stepped up his criticism of Democrat Kamala Harris and dug into his claim, spread without offering evidence, that she never worked at the fast-food chain while in college, as per AP report. The former president visited a McDonalds in Feasterville-Trevose, which is part of Bucks County, a swing area northeast of Philadelphia. Harris has talked during her campaign about her experiences as a fry cook at McDonalds and Trump planned to try his hand before heading to an evening town hall in Lancaster before attending the Pittsburgh Steelers home game against the New York Jets, AP reported. The McDonald's owner, Derek Giacomantonio said, «It is a fundamental value of my organization that we proudly open our doors to everyone who visits the Feasterville community.»
20.10 / 18:47
FIVE
Entertainment
Analysis
Pool
Sustainability
Deloitte
rights
ACRE submits Anchor bid to buy 5 Zee Group accounts
ACRE) has submitted an anchor bid to acquire five non-performing loan (NPL) accounts associated with Subhash Chandra's Zee Group or Essel Group from JC Flowers ARC, offering ₹505 crore in cash against total outstanding debt of ₹1,350 crore. The bid indicates a recovery of 37%. JC Flowers Asset Reconstruction Company, which is managing the auction process as the trustee for JCF Yes Trust, has scheduled a Swiss auction on November 6 with a reserve price of ₹505 crore, based on the anchor bid.
20.10 / 18:47
markets
security
Mobile
Deloitte
Experts
PAM
guidelines
Banks prepare for higher outflow rates on retail deposits ahead of revised liquidity coverage ratio rules
outflow rates on retail deposits in preparation for the upcoming revisions to the liquidity coverage ratio (LCR) rules, which require them to purchase more high-quality liquid assets. The banking regulator is set to issue revised LCR rules to mitigate the risk emanating from mass withdrawals of deposits-an event that triggered the collapse of Silicon Valley Bank in the US. Although the Reserve Bank of India has not yet issued the final guidelines for the revised LCR regulations, banks said that they are likely to be effective April 1 next year. Axis Bank, which declared its second-quarter results last week, said its average LCR has fallen because it applied a higher outflow rate than that prescribed by the RBI. Its LCR was 115%, down 5 percentage points over the June quarter.
20.10 / 18:47
Fighting
Sustainability
Deloitte
Marvell
Actor
Justice
reports
Daredevil: Born Again release date, plot, cast, episodes, villain: When will first episode premiere?
The announcement was made at New York Comic-Con. In «Daredevil: Born Again», actor Charlie Cox plays Daredevil, and Vincent D'Onofrio plays the villain Kingpin. Marvel's 'Daredevil: Born Again' is set to premiere on Disney+ on March 4, next year.
20.10 / 16:23
markets
Target
FIVE
Digital
Deloitte
Interviews
Nijjar killing, attempt on Pannun's life part of 'single' plot, claims Canada's ex-envoy
US indictment linking a former Indian agent to a foiled bid to assassinate Khalistani separatist Gurpatwant Singh Pannun paints a «compelling and detailed portrait» of «a single plot» emanating from Delhi to kill multiple targets across North America, especially in Canada and the US, Canada's most recent envoy to India Cameron MacKay has alleged. In an interview to CBC News, MacKay, who left India in August, said both Canada and the US are probing the matter, adding it was «a fiasco on the part of the Indian government» to think that it could carry out crimes in Canada and the US and get away with it. New Delhi expelled Canadian Charge d'Affaires Stewart Wheeler and five other diplomats following Ottawa's fresh allegations of the Indian government's involvement in the killing of Sikh extremist Hardeep Singh Nijjar on Canadian soil last year. The Canadian diplomats left New Delhi on Friday evening. India also recalled its High Commissioner and five more diplomats and they are also on their way back to India. The Canadian government had said the Indian diplomats were expelled from the country.
20.10 / 11:55
markets
Deloitte
Death
Experts
show
Schools
IDF footage claims Hamas leader Sinwar's wife carried lavish $32K Hermès Birkin handbag while fleeing through tunnels
Israel Defense Forces (IDF) released footage showing former Hamas leader Yahya Sinwar and his family escaping into a tunnel beneath their home in Khan Younis, hours before Hamas launched its deadly attack on Israel on October 7. The footage, published on Saturday, highlighted Sinwar's preparation for his survival and that of his family while planning the assault. Rear admiral Daniel Hagari, an IDF spokesperson, explained the significance of the video. «Even on the eve of the brutal massacre, Sinwar was busy with his survival and the survival of his family,» Hagari stated, emphasizing Sinwar’s priorities. «Hours before the massacre, Sinwar only cared about himself and his family while he sent terrorists for the murderous attack on Israeli children, women, and men,» he added.
20.10 / 11:23
markets
Digital
Strategy
Analysis
Deloitte
PAM
No party post to accused in Gauri Lankesh murder case: Shinde-led Sena
Shiv Sena led by Maharashtra Chief Minister Eknath Shinde has stayed the appointment of Shrikant Pangarkar, an accused in the 2017 murder of journalist Gauri Lankesh, to any post in the party in Jalna district. Ahead of the Maharashtra assembly polls, Pangarkar joined the Shinde-led Shiv Sena on Friday in the presence of party leader and former state minister Arjun Khotkar. Khotkar earlier said that Pangarkar, a former Shiv Sainik, has returned to the party and has been nominated as the chief of the Jalna assembly poll campaign. A statement from the Shiv Sena on Sunday said that if Pangarkar has been given any party post in Jalna district, the decision has been stayed.
20.10 / 11:23
markets
CEO
Boeing
Deloitte
reports
Department
Schools
Boeing exploring asset sales to boost finances, WSJ reports
Boeing is exploring asset sales in a bid to boost its fragile finances by shedding its non-core or underperforming units, the Wall Street Journal reported on Sunday. The planemaker last week reached an agreement to offload a small defense unit that makes surveillance equipment for the U.S. military, the paper reported, citing people familiar with the deal. Boeing has lurched from crisis to crisis this year, ever since Jan. 5 when a door panel blew off a 737 MAX jet in mid-air. Since then, its CEO has departed, its production has been slowed as regulators investigate its safety culture, and in September, 33,000 union workers went on strike.
20.10 / 09:43
markets
Digital
Strategy
Deloitte
country
hospital
PM Modi inaugurates eye hospital in Varanasi
Narendra Modi inaugurated an eye hospital in his parliamentary constituency Varanasi on Sunday. Run by the Kanchi Math, R J Sankara Eye Hospital will offer comprehensive consultations and treatments for various eye conditions. The hospital will benefit people of 20 districts of eastern Uttar Pradesh as well as those living in the border areas of Bihar, Madhya Pradesh and Chhattisgarh, according to people associated with the Kanchi Math. This is the Kanchi Math's 14th hospital in the country. The target is to conduct 30,000 free eye surgeries every year, the people cited above said.
20.10 / 09:43
markets
Digital
security
Strategy
Deloitte
reports
Pharmaceuticals
Indian pharma firms trail global peers in R&D, innovation, and talent metrics: FAST India-IIFL Securities
FAST India) in collaboration with IIFL Securities. The largest disparity was observed in the number of publications per billion USD revenue, with global firms producing 8.4 times more publications than Indian firms, the report noted. Global firms generated 5.6 times more patents and 8.4 times more publications per billion USD of revenue compared to Indian firms.
20.10 / 09:43
markets
Williams
Ball
Deloitte
testing
Schools
ICC World Test Championship: India remain on top despite point percentage drop; NZ reach 4th
New Zealand's impressive triumph over India in the first Test in Bengaluru has had significant ramifications on the race to qualify for next year's ICC World Test Championship (WTC) 2023-25 final. The Black Caps chased down their victory target of 107 with relative ease on Sunday, with the win propelling them from sixth to fourth in the updated standings, with a win-loss percentage of 44.44%, according to the ICC. While India remain at the top of the standings, the loss has somewhat weakened their hold on a place in next year's final, as their percentage drops to 68.06% ahead of two more Tests against New Zealand and a five-match series with Australia at the end of the year.
20.10 / 06:41
Provident
BAY
Deloitte
PAM
rights
International
Cyclonic circulation formed over Andaman Sea; West Bengal and other coastal areas on alert
cyclonic circulation has formed over Andaman Sea and it is likely to intensify into a low-pressure area by Monday. It may have an impact on coastal areas of north Andhra Pradesh, Odisha, West Bengal and Bangladesh next week. «The cyclonic circulation is formed over central Andaman Sea. Under its influence, a low-pressure area is likely to form over Bay of Bengal and adjoining north Andaman Sea around October 21. Thereafter, it is likely to move northwestwards and intensify further into a depression around October 23,» said IMD in a bulletin. Amid speculations on the formation of a cyclone this month as forecast by certain international models, IMD Director General Mrutyunjaya Mohapatra said that a clearer picture will emerge only after formation of the low-pressure area.
20.10 / 01:49
markets
Provident
Deloitte
love
Celebrity
Schools
This holiday season, companies turn over a new 'leave', give more Diwali offs
Work-life balance is in the spotlight, come festivity. And India Inc is going the extra mile for employees — giving four to nine days off during Diwali, flexibility at work, floating leaves, and even doing away with so called sandwich leaves, said industry executives. Companies such as Deloitte, JSW MG Motor, Meesho, Myntra, The Good Glamm Group, XYXX, CashKaro and EarnKaro are allowing their workforce more time off, as they believe such breaks help employees spend more time with friends and family and return to work all rejuvenated and charged up, the executives said. For the fourth consecutive year, ecommerce firm Meesho has announced a nine-day company-wide ‘reset and recharge’ break from October 26 to November 3 for all 1,500 employees.
19.10 / 19:19
markets
Strategy
Deloitte
film
reports
Schools
Relationships
Jennifer Lopez was open to reconciling but Ben Affleck was not interested
Ben Affleck and Jennifer Lopez, while heading towards the end of their marriage had a chance of getting back together but Ben Affleck reportedly made the final decision to end the relationship claiming that their romance was not actually working. According to SheKnows, Ben Affleck was the one who never looked back following his moving out from their $61 Beverly Hills Home and eventually rented a property in Brentwood while he started filming for The Accountant 2. SheKnows reported that within June, the shared mansion of Ben Affleck and Jennifer Lopez was on the market for sale and eventually Ben Affleck also started searching for a new house for him. Following their separation, Jennifer Lopez had expressed her disappointments claiming that Ben Affleck was never there for her during significant events such as her birthday and their wedding anniversary. Also Read: Smile 3: Is it happening? Here’s what the director revealed
19.10 / 19:19
markets
Deloitte
Universities
audience
stars
reports
Schools
Smile 3: Is it happening? Here’s what the director revealed
Smile 3. Director Parker Finn, the creative force behind the Smile series, has hinted at potential new avenues for the franchise. With the latest installment, Smile 2, featuring Naomi Scott as a haunted pop star, fans are eagerly anticipating what might come next. The first film, which starred Sosie Bacon, was a surprise hit in 2022, leading to significant anticipation for the sequel, as mentioned in a report by People.
19.10 / 14:53
markets
Digital
Strategy
Deloitte
RAI
PAM
Courts
Arguments completed on Hindu side's application for Gyanvapi survey
Hindu side said here. The advocates of the Muslim side and the Waqf Board, who are opposing the survey, completed their arguments before Civil Judge Senior Division Jugal Kishore Shambhu, Madan Mohan Yadav, who represents the Hindu said, said. After hearing the arguments, the court has fixed October 25 as the date of the next hearing, when it may give its order on this matter, Yadav said. On October 16, the Hindu side had referred to the expertise of the Archaeological Survey of India (ASI) in excavations to buttress its plea to carry out excavations in the Gyanvapi complex.
19.10 / 14:53
markets
UPS
Digital
Strategy
Deloitte
Marvell
Agatha All Along Episode 7: What to expect and when to watch on Disney Plus
With only three episodes remaining, the storyline has intensified, setting up an intriguing path toward the season finale. As the series progresses, fans are eager to know the precise schedule and details for this upcoming episode.
19.10 / 12:35
markets
COST
Digital
Deloitte
Experts
donates
How much 'chanda' did BJP take to engineer MVA's collapse in Maharashtra, asks Jairam Ramesh
BJP how much «donations» did it receive to «engineer» the collapse of the Maha Vikas Aghadi (MVA) government in Maharashtra in 2022 through open horse-trading. In a post on X, Congress General Secretary (Communication) Jairam Ramesh alleged that the BJP «purchased» MLAs of undivided Shiv Sena and NCP, leading to the collapse of the MVA government of which Congress was a part. «The Mahayuti has destroyed Maharashtra's political culture and democratic institutions. We now know that the Electoral Bonds Scam cost Indian citizens Rs 4 lakh crore. We know that it cost Maharashtra's exchequer at least Rs 10,000 crore. The question is how much 'chanda' did it (BJP) take to engineer the collapse of the Maha Vikas Aghadi Sarkar,» Ramesh asked in the post. «Yesterday, it emerged that the Mahayuti cost the exchequer at least Rs 10,000 crore in inflated tenders in return for 'chanda' for its campaign. The Mahayuti's formation and ascent to government is a testament to its greed for power and disregard for democratic values. The open horse-trading and purchase of Shiv Sena and NCP MLAs was made possible by such 'ill-gotten' Electoral Bonds 'chanda',» he alleged.
19.10 / 11:57
markets
COST
Man
Waters
Deloitte
recommendations
GoM decides to cut GST on 20-litre water bottles, bicycles to 5%; raise rate on shoes, watches
GST rate rationalisation on Saturday decided to lower tax rates on 20-litre packaged drinking water bottles, bicycles and exercise notebooks to 5 per cent, but suggested raising taxes on high-end wrist watches and shoes, an official said. The rate rejig decision taken by the GoM on GST rate rationalisation under Bihar Deputy Chief Minister Samrat Chaudhary would lead to a revenue gain of Rs 22,000 crore, the officials added. The GoM proposed reducing GST on packaged drinking water of 20 litres and above to 5 per cent from 18 per cent. If the GoM's recommendation is accepted by the GST Council, the GST on bicycles costing less than Rs 10,000 will be reduced to 5 per cent from 12 per cent. Also, GST on exercise notebooks will be reduced to 5 per cent from 12 per cent, the GoM proposed.
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