FIVE Financial News
22.06 / 08:07
markets
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Investigations
Open to probe, regulations will help doing business: Axis My India chief on alleged stock market manipulation through exit polls
exit polls allegedly being used for stock market manipulation, Axis My India's chief Pradeep Gupta has said he is open to facing all kinds of investigations and it would help do business in a much better way if the government frames specific regulations for pollsters. Opposition parties and several civil society groups have been asking for thorough investigations, including by capital markets regulator SEBI and a Joint Parliamentary Committee (JPC), after the stock markets witnessed a massive rally when exit polls gave a huge majority to the BJP but fell sharply after the actual results showed the ruling party falling short of a clear majority on its own. In an interaction with PTI editors at the agency's headquarters here, Gupta said he has been demanding formulation of norms and regulations for pollsters since five years.
22.06 / 08:07
UPS
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Citizens
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prevention
FD interest rates of up to 8.05%: Best interest rate on senior citizen FDs maturing in three years
fixed-income investment instrument for many senior citizens. For seniors who are planning to lock their money in FDs, it is a good time to invest as several banks are still offering high interest rates on deposits. Interest rates on senior citizen FDs maturing in three years can go up to as high as 8.05% among public and private sector banks. Read below to find out the highest interest rates currently available on senior citizen FDs maturing in three years. Do note all the interest rates are applicable for FDs below Rs 3 crore maturing in three years and for individuals aged above 60 years but below 80 years of age.
22.06 / 08:07
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Courts
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Swati Maliwal assault case: Court extends Bibhav Kumar's judicial custody till July 6
Delhi court on Saturday extended till July 6 the judicial custody of Chief Minister Arvind Kejriwal's aide Bibhav Kumar. Kumar is accused of assaulting AAP Rajya Sabha MP Swati Maliwal on May 13 at the chief minister's official residence. Kumar was produced through video conferencing before Metropolitan Magistrate Gaurav Goyal who extended his judicial custody till July 6.
22.06 / 07:33
UPS
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wellness
electronic
information
Schools
MeitY to kick off Rs 10,000-crore IndiaAI Mission on July 3
IndiaAI Mission at the Global IndiaAI Summit to be held in New Delhi on July 3-4, the electronics and information technology ministry said on Friday. In March, the government had approved Rs 10,372 crore to be spent over the next five years on setting up compute capacity of up to 10,000 graphic processing units (GPUs), developing artificial intelligence (AI) applications in critical sectors and working on addressing problems raised by central and state governments as well as government-run institutions.
22.06 / 07:33
Target
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India women eye ODI series clean sweep against South Africa
India were able to tame varied challenges thrown at them by South Africa so far, and they will be eager to take the series to its fitting conclusion of a 3-0 margin during the third and final ODI in Bengaluru on Sunday. Currently, the margin stands 2-0 in favour of India but that insuperable position has not come without its own trials by fire. In the first match, the Indian batters had to come back from a perilous 99 for five before making a 260-plus total. The home side bowlers defended the target well too.
22.06 / 06:19
markets
UPS
Target
FIVE
Dreams
How much to invest to accumulate Rs 1 crore in 10 years, 15 years, 20 years
Equity mutual funds are one of the investments that could help to achieve your dream goal of Rs 1 crore. The next question is how much you need to invest. And for how long? Keep in mind that no matter where you invest, you will not become a crorepati overnight. So, it will take some amount of time. So, the next thing you need to reach the goal is discipline. You need to invest regularly. One of the best ways to invest consistently in a disciplined way is to opt for a systematic investment plan(SIP). Not only it helps to build a big lump sum amount over a period of time but it also allows you to start small and scale it up gradually. Even if you start a SIP in an equity mutual fund with a monthly investment of Rs 1,000, you can accumulate Rs 2.2 lakh in 10 years, assuming you get an annual return of 12%. As you can see, even a small investment in SIP can grow your wealth significantly in the long term.
22.06 / 06:19
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Strategy
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stage
BJP holds marathon meeting to discuss strategy for Maharashtra assembly polls
BJP) held a marathon meeting here to discuss strategy for the upcoming state assembly elections, sources said on Saturday. During the meeting held on Friday night, discussions were held for five hours on how to plan the election campaign and finalise the strategy, they said. Elections to the 288-member state assembly are likely to be held in October. In the recently-held Lok Sabha elections, the BJP's seat tally in Maharashtra dropped from 23 to nine. The ruling Mahayuti, comprising the BJP, Eknath Shinde's Shiv Sena and Ajit Pawar-led NCP, bagged only 17 out of the 48 Lok Sabha seats, whereas the opposition Maha Vikas Aghadi (MVA), a three-party alliance of Congress, NCP (SP) and Shiv Sena (UBT) won 30 seats.
22.06 / 05:35
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NHL
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Oilers hope to join 1942 Maple Leafs as only team to win Stanley Cup after losing first 3 games
Edmonton Oilers are entering territory few teams have charted in the NHL post-season, let alone in a Stanley Cup Final.After dropping the first three games of the best-of-seven championship series to the Florida Panthers, the Oilers have won two straight and will host Game 6 on Friday night. An Edmonton win would force a deciding Game 7 on Monday evening in Sunrise, Fla.The Oilers are hoping to become the fifth NHL team to come back from an 0-3 deficit to win a series.
22.06 / 04:35
markets
FIVE
DOW
NVIDIA
Trade
Nasdaq end lower as Nvidia drags the tech sector for second day
Nasdaq closed marginally lower on Friday, weighed down by a decline in Nvidia shares for a second straight day, which dragged down the technology sector. Technology was the biggest loser among the 11 major S&P 500 sectors, weighed by Nvidia, while communication services led the gain.
22.06 / 03:13
FIVE
Digital
Platform
track
country
information
IMEE-EC's India-UAE segment on track: Ports' digital integration moves forward, set to be ready in 100 days
India-UAE leg of the strategic India-Middle East Europe Economic Corridor (IMEE-EC) is set to begin, with a digital platform for information exchange between the two countries' ports expected to be operational within the first 100 days of the Modi government, according to The Times of India. Despite tensions in West Asia affecting the project, the G7 recently expressed strong support for the ambitious multi-country initiative. The India-UAE sea corridor is divided into five phases, with the second phase focusing on customs connectivity and the third on regulatory agencies. The IMEE-EC aims to facilitate the seamless movement of cargo from locations like Hajipur in Bihar to Haifa in Israel, requiring common port and customs documentation across countries, as well as standardized equipment and containers in all ports and dry docks.
22.06 / 03:13
Provident
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International
Boeing's Starliner return to Earth postponed, NASA says no new date set
Boeing Starliner's return to Earth from the International Space Station with its first crew of astronauts has been postponed, NASA said on Friday. NASA did not provide a new date, raising questions about when the mission's two astronauts will return as more testing and technical issues have created more delays.
21.06 / 21:37
21.06 / 13:13
21.06 / 13:11
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Remark
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Kerala CM Vijayan criticises Centre for not appointing Congress MP K Suresh as LS pro-tem Speaker
Thiruvananthapuram: Kerala Chief Minister Pinarayi Vijayan on Friday criticised the Centre for appointing a pro-tem Speaker of the Lok Sabha in alleged violation of parliamentary conventions and thus not giving the role to the most senior MP in the Lok Sabha Congress's Kodikunnil Suresh. Terming the Centre's decision as objectionable, Vijayan said the union government needs to clarify why Suresh, who is most senior MP in the Lok Sabha, was not chosen for the position, as per convention. The CM, in a statement issued by his office, also questioned what is the BJP's answer to those who suspect that Suresh was not considered for the post due to the «upper caste politics» followed by the Sangh Parivar. Vijayan's remarks came a day after seven-term parliamentarian and BJP leader Bhartruhari Mahtab was made the pro-tem Speaker of the Lok Sabha.
21.06 / 13:11
COST
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students
country
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BJP's 'corruption' is weakening country: Priyanka Gandhi slams govt over exam paper leaks
Priyanka Gandhi Vadra on Wednesday launched a scathing attack on the government over exam paper leaks, saying the issue has become a national problem under the BJP rule which has «ruined the future» of crores of youth. The Congress general secretary's attack comes amid outcry against alleged irregularities in the medical entrance examination NEET and also the cancellation of the UGC-NET examination on Wednesday a day after it was held, citing compromised integrity of the test. In a post in Hindi on X, Priyanka Gandhi said, «In the last five years, papers of 43 recruitment exams have been leaked in the country. Paper leak has become a national problem of our country under BJP rule which has ruined the future of crores of youth so far.» «India is the youngest country in the world. We have the largest youth population. Instead of making these youth skilled and capable, the BJP government is making them weak,» she alleged.
21.06 / 11:04
UPS
FIVE
Election
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reports
GST rate rationalisation panel reconstituted, Bihar Dy CM Samrat Chaudhary appointed convenor
Samrat Chaudhary has been appointed as the convenor of the GoM on GST rate rationalisation. According to an official memorandum posted on the GST Council secretariat website, the other members of the reconstituted panel are Uttar Pradesh Finance Minister Suresh Kumar Khanna, Goa Transport Minister Mauvin Godinho, Rajasthan Medical, and Health Services Minister Gajendra Singh. The GoM also includes West Bengal Finance Minister Chandrima Bhattacharya, Karnataka Revenue Minister Krishna Byre Gowda, and Kerala Finance Minister K N Balagopal. The seven-member GoM has been tasked with suggesting required rate rationalisation and correction of inverted duty structure with an objective of simplifying the rate structure, reviewing the GST exemption list and enhancing revenues from Goods and Services Tax (GST).
21.06 / 07:39
Provident
FIVE
Election
country
reports
Department
guidelines
Budget 2024: Five steps of India's Budget formation explained
Budget 2024: Every year, the Department of Economic Affairs in the Ministry of Finance prepares the Union Budget, which is then presented by the Finance Minister. The Budget which is tabled annually serves as a financial plan for the country and lays out the estimated earnings and expenditures of the government for the upcoming fiscal year. Here are the five essential steps involved in the formation of the Union Budget: Initial Processes: The process begins around six months before the Budget is presented. The Finance Ministry issues Budget Circulars to relevant ministries and departments with necessary instructions and guidelines. These circulars are then distributed among disbursing and field officers, who share details about their department's financial expenditures and receipts for the current and past fiscal year, as well as their financial requirements for the upcoming fiscal year.
21.06 / 07:17
markets
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Airlines
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performer
American Airlines flight attendants 'one step closer to a strike' after talks end without agreement: union
Great Hill Capital Chairman and managing member Thomas Hayes on American Airlines' market performance and companies cutting prices to respond to inflation.
21.06 / 04:41
markets
Target
FIVE
Trade
Experts
recommendations
Stocks to buy or sell: Ashoka Buildcon to Mahindra Holidays - Sumeet Bagadia recommends five breakout stocks today
Sensex rose 141.34 points to close at 77,478.93, while the Nifty 50 settled 51.00 points, or 0.22%, higher at 23,567.00.Amid high volatility on Thursday, certain stocks gave a fresh breakout. This means these stock prices moved above a significant resistance level on the chart pattern.
21.06 / 04:41
FIVE
Ball
Remark
Podcasts
rights
cricket
Ex-Pak cricketer Mohammad Hafeez stands by 'selfish' remark on Virat Kohli during 2023 ODI World Cup: ‘I was right’
Club Prairie Fire podcast, Mohammad Hafeez said he was right at that time on calling Kohli selfish. The padcast also included players including Michael Vaughan and Adam Gilchrist. When he was asked on his comments on Kohli, he said, “I think I was right that time.
21.06 / 04:15
FIVE
Progressive
BAY
wellness
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Updates
IMD forecasts temporary end of heatwave for most parts of India except this state, heavy rains predicted in these 6 states
heatwave to severe heatwave conditions have recently affected parts of Himachal Pradesh, Haryana, Chandigarh, and isolated areas of Uttarakhand and East Uttar Pradesh. Delhi and many parts of West Uttar Pradesh, as well as some parts of Punjab, have also experienced heatwave conditions, with temperatures soaring between 43-45°C. These temperatures were significantly above normal by 4-7°C in many parts of Northwest and East India, and north Madhya Pradesh. Warm night conditions were noted in isolated pockets of East Madhya Pradesh and North Rajasthan. The highest temperature recorded was 45.1°C in Kanpur (east Uttar Pradesh) on Wednesday.
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