FIVE Financial News
02.08 / 16:39
Provident
FIVE
economy
Death
country
BJP hell-bent on making India's condition worse than Pakistan: Hemant Soren
BJP for «destroying» the Indian economy through «wrong policies», Jharkhand Chief Minister Hemant Soren on Friday said the saffron party was hell-bent on making the country's condition «worse than neighbouring Pakistan». Addressing the assembly on the concluding day of the monsoon session, he accused the BJP of playing «vote-bank politics» by dividing people in the name of religion. «The country is passing through a difficult phase; the economy is in peril, due to the wrong policies of the BJP-led central government. They are hell-bent on making the country's condition worse than Pakistan,» Soren said. He also said the people of Ayodhya gave a befitting reply to the BJP in the Lok Sabha polls for «dividing the country» on religious lines.
02.08 / 16:26
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stage
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Relationships
‘Bigg Boss OTT 3’: Armaan Malik claims he is a Hindu, asks fans not not ‘assume’ religious identity
Armaan Malik recently clarified that he is Hindu, not Muslim, during a press conference episode of the reality web show Bigg Boss OTT 3. When asked to describe his relationship with his two wives, Armaan quickly addressed the reporter's question, explaining that despite assumptions based on his name, he is not Muslim. Armaan Malik, along with his wives Payal Malik and Kritika Malik, has been a hot topic since entering the Bigg Boss OTT 3 house, facing heavy criticism for promoting polygamy. Armaan was evicted two days before the grand finale. The remaining top five contestants are Ranvir Shorey, Sana Makbul, Sai Ketan Rao, Naezy, and Kritika Malik. The Grand Finale is scheduled for today, August 2. Payal Malik, Armaan’s first wife, was the first among them to be evicted. She made multiple appearances after her elimination, revealing shocking details that sparked numerous conflicts in the Bigg Boss house. Armaan married Payal in 2011, and they have a son, Chirayu Malik. Seven years later, in 2018, Armaan married Payal’s best friend, Kritika. In 2022, Armaan announced that both Kritika and Payal were pregnant. He is now a father of four children: Chirayu, Tuba, Ayan, and Zaid.
02.08 / 15:55
Provident
FIVE
Rust
DISH
performer
Features
Best Gas Stove 5 Burner in India for Faster & Convenient Cooking (2024)
If you are all set to enjoy enhanced cooking experience, then we recommend you buy the best gas stove with 5 burners in India with the help of our article. All of the mentioned gas stove options feature advanced technology, latest features and high-quality materials. Go through them all, find the one that suits you the best and place your order using the given buying links.
02.08 / 14:47
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Bill
President
reports
It's all created by media and is restricted to it: Devendra Fadnavis on buzz over BJP chief post
speculation that his name was being considered for the BJP president's post, Maharashtra Deputy Chief Minister Devendra Fadnavis on Friday dismissed the reports saying the buzz was just a media creation. Reports in a section of media said Fadnavis, a senior BJP leader, will be appointed to the top post of the saffron party replacing J P Nadda, who is now a Union minister in the third term of the Narendra Modi government.
02.08 / 14:00
COST
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Analysis
Fallout
inclusion
reports
Capital gains tax hike expected to raise $17.4 billion, but critics warn of economic fallout
The Parliamentary Budget Officer (PBO) is projecting a $17.4 billion boost in income tax revenues from 2024-’25 to 2028-’29, thanks to the federal government’s latest effort to bolster the nation’s coffers. The policy change, which was introduced in Budget 2024 and came into effect on June 25, increases the capital gains inclusion rate for corporations and trusts from one-half to two-thirds and applies the same rate for individuals on yearly gains exceeding $250,000.
02.08 / 13:38
Citi
Provident
FIVE
show
hospital
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rowing
No-claim bonus in health insurance: All you need to know
However, as you age and are exposed to various health-related concerns, not only does the need for higher health insurance coverage arise, but also the need to pay more out of your pocket. But what if we tell you that you can increase the policy coverage every year without increasing your budget? Sounds interesting? If yes, you need to understand the concept of a no-claim bonus in health insurance
02.08 / 13:06
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Mother of former probationary IAS officer Puja Khedkar gets bail in criminal intimidation case
Manorama Khedkar, mother of former probationary IAS officer Puja Khedkar, was granted bail by a Pune court in criminal intimidation case on Friday. The bail comes after Manorama completed 14 days in judicial custody after having served a four-day police custody. She was arrested from a lodge at Hirkaniwadi village near Mahad in Raigad district on July 18. Police had launched a search for Manorama and her husband, Dilip Khedkar, after a video surfaced showing her allegedly threatening some persons with a gun over a land dispute at Dhadwali village in Pune's Mulshi tehsil in 2023.
02.08 / 12:53
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Govt issues 5th draft notification to declare over 56k sq km of Western Ghats eco sensitive
draft notification to declare over 56,800 square kilometres of the Western Ghats across six states, including 13 villages in Kerala's landslide-hit Wayanad, Ecologically Sensitive Area (ESA), inviting suggestions and objections within 60 days. The notification was issued on July 31, a day after a series of landslides claimed over 290 lives in Wayanad district. The draft notification proposes to declare 9,993.7 sq km in Kerala, including 13 villages in two talukas of the landslide-hit district, ecologically sensitive. Overall, the notification includes 449 sq km in Gujarat, 17,340 sq km in Maharashtra, 1,461 sq km in Goa, 20,668 sq km in Karnataka, 6,914 sq km in Tamil Nadu, and 9,993.7 sq km in Kerala in the proposed ESA.
02.08 / 12:39
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information
travelers
Traffic
772 new train services, including 100 Vande Bharats, introduced in five years: Rail Minister
train services, including 100 Vande Bharat services, have been introduced in the Indian Railways network from 2019-2020 to 2023-2024, Union Minister Ashwini Vaishnaw informed the Rajya Sabha on Friday. The railway minister's written response came after BJP MP Neeraj Shekhar sought to know the number of new trains proposed to be run during 2024-25 and new trains like Vande Bharat, Rajdhani and other trains started in the last five years with year-wise and zone-wise details.
02.08 / 12:18
markets
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Trade
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orienteering
Options trading on expiry day like playing in casino for jackpot: Sebi official
options trading, markets regulator Sebi’s whole-time member Ananth Narayan on Friday pointed out how some traders are treating expiry day trading as playing in a casino for a jackpot. “Trading in index options, specifically close to expiry, then starts to resemble a slot machine in a casino with individuals putting coins into the machine hoping to hit the jackpot. It would be unfair to compare all of equity F&O with a casino and lose sight of its utility in capital formation. That’s not what we are saying. We are talking only about the specific portions of trading closer to expiry,” Narayan said at a FICCI event.
02.08 / 09:33
markets
Citi
FIVE
Strategy
Align
Metro
Nestle
Marketers of consumer goods should focus on volumes over margins
₹27.5 lakh annually) by 2030. This has meant a growing emphasis on growth driven by premiumization. However, there is also significant potential to enhance market penetration overall by prioritizing product affordability to expand both the scale and quality of consumption.
02.08 / 03:40
COST
UPS
FIVE
Manufacturing
Tesla
country
India's new EV policy not suitable for JLR at present: Tata Motors Group CFO
Tata Motors on Thursday said its British arm Jaguar Land Rover has no plans at present to leverage India's new electric vehicle policy that offers import duty concessions to firms setting up manufacturing units in the country, as it is not suitable for the company. In March this year, the government announced the new electric vehicle policy to attract major global players like Tesla, allowing them to import a limited number of cars at lower customs/import duty of 15 per cent on vehicles costing USD 35,000 and above for a period of five years from the date of issuance of the approval letter by the government. «At this point in time that specific policy is not something that is suitable for us. So, we don't intend to leverage it at this point in time,» Tata Motors Group CFO PB Balaji said at the earnings conference.
02.08 / 02:49
markets
Target
FIVE
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trends
Trade
recommendations
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy
Breakout stocks to buy or sell: The Indian stock market extended the bull trend for the fifth straight session on Thursday. The Nifty 50 index decisively conquered the psychological 25,000 peak. The 50-stock index took just 24 sessions to scale the last 1,000 points.
02.08 / 02:06
Target
FIVE
Citizens
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reports
Department
US says it continues to expect accountability from India on failed Pannun assassination bid
government employee in the failed attempt to assassinate an American citizen on US soil last summer, an official said. «We continue to expect accountability from the government of India in relation to the alleged role of an Indian government employee in the failed attempt to assassinate a US citizen on US soil that occurred last summer,» State Department Deputy Spokesperson Vedant Patel told reporters at his daily news conference. «We continue to raise our concerns directly with the Indian government at senior levels,» he said. Patel, however, declined to comment on a news report alleging that Canadian authorities claim to have arrested five Indian nationals planning to target a Sikh separatist at a wedding ceremony.
02.08 / 01:45
COST
FIVE
CEO
Platform
trends
reports
ER&D companies face headwinds in new twist
The overall growth of ER&D firms is still higher than IT services companies, but the trajectory of both segments have reversed in the recently concluded quarter. “Headcount growth has decelerated cumulatively for Indian pure-play ER&D services companies,” Kotak Institutional Equities said in a post-earnings season note. “These companies have focused on better resource utilization and hiring trainees to optimize cost structures over the past year.”
01.08 / 23:17
FIVE
show
Inside
reports
Department
prevention
fencing
Protest by climate activists at another German airport halts cargo flights
Officials say an overnight protest by climate activists at Leipzig/Halle Airport in eastern Germany forced a three-hour halt to cargo flights
01.08 / 23:00
FIVE
Fighting
President
reports
Department
Discrimination
Black and other minority farmers are getting $2 billion from USDA after years of discrimination
Black and other minority farmers are set to receive more than $2 billion in federal aid in response to decades of discrimination by the U.S. Department of Agriculture
01.08 / 22:40
01.08 / 22:28
01.08 / 22:03
markets
FIVE
Digital
country
Department
prevention
Courts
Montenegro court approves extradition of cryptocurrency mogul Do Kwon to native South Korea
A Montenegrin appeals court has upheld a ruling by a lower court to hand over a South Korean mogul known as “the cryptocurrency king” to his native country
01.08 / 21:58
UPS
FIVE
Cooper
security
Trade
country
Pharmaceuticals
India offers $300 million loan to build up Vietnam's maritime security, saying it is a key partner
India has offered Vietnam a $300 million loan to build up the Southeast Asian country's maritime security, as the two sides say they want to double their trade and investment within five years
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