FIVE Financial News

10.06 / 14:13
FIVE security Remark voice exclusive reports ‘Paswan got 5 MPs, yet…': Shiv Sena, NCP (Ajit Pawar) miffed for being denied a berth in Modi govt 3.0 cabinet?
Modi Govt 3.0: Maharashtra Chief Minister Eknath Shinde-led Shiv Sena and the Nationalist Congress Party (NCP) led by Ajit Pawar are miffed with the PM Narendra Modi government for not being allotted a cabinet position, according to reports. This indicates potential trouble brewing within the National Democratic Alliance (NDA) allies in Maharashtra.Ajit Pawar's NCP, a constituent of the BJP-led Mahayuti alliance in Maharashtra, stood firm on their demand for a cabinet berth, rejecting the offer of a Minister of State position.ALSO READ: 6 factors behind BJP's decline in Maharashtra Lok Sabha pollsShrirang Barne, an MP of the Shiv Sena under Eknath Shinde's leadership, voiced dissatisfaction on Monday regarding the party's exclusion from the Cabinet in the recently formed government led by Narendra Modi.
10.06 / 13:11
Provident FIVE WhatsApp President PM Modi-led Cabinet approves govt assistance for constructing 3 crore rural, urban houses under PMAY
NDA government in its first cabinet meeting on Monday decided to provide assistance to three crore additional rural and urban households for the construction of houses, to meet the housing requirements arising out of the increase in the number of eligible families. Under PMAY, total of 4.21 crore houses have been completed for the eligible poor families under the housing schemes in the last 10 years.
10.06 / 11:59
FIVE Analysis Research Universities testing patient symptoms New research links acohol consumption to increased mood instability in bipolar disorder
Drinking alcohol could worsen one's symptoms of bipolar disorder by destabilising mood and affecting efficiency at work, and it is not the other way round that is consuming alcohol because of mood swings, a new research has found. The mental condition is marked by unusual shifts in emotions, energy and activity levels, and can sometimes be accompanied by hallucinations and delusions.
10.06 / 11:59
FIVE Ball economy Election Trade President Modi Cabinet to reveal list of portfolios allotted to ministers
Narendra Modi on Monday will set the ball rolling for his third consecutive term by announcing the key portfolios allotted to ministers a day after their swearing-in ceremony after the first Cabinet meeting.
10.06 / 11:47
FIVE Man Updates Modi Cabinet 3.0 LIVE updates: Amit Shah, Rajnath Singh – who gets which portfolio? First meeting shortly
Council of Ministers: Rajnath Singh, Amit Shah, Nitin Gadkari, JP Nadda, Shivraj Singh Chauhan, Nirmala Sitharaman, S Jaishankar; ML Khattar, HD Kumaraswamy, Piyush Goyal, Dharmendra Pradhan, Jitan Ram Manjhi, Rajeev Ranjan Singh, Sarbananda Sonowal and Dr Virendra Kumar among others took oath.Members from allies sworn-inJD(S) leader H D Kumaraswamy, HAM (Secular) chief Jitan Ram Manjhi, JD(U) leader Rajiv Ranjan Singh 'Lalan', TDP's K Ram Mohan Naidu and LJP-RV leader Chirag Paswan took oath as Cabinet ministers.
10.06 / 11:15
markets UPS FIVE Manufacturing Sony country Baroda BNP Paribas Mutual Fund launches Baroda BNP Paribas Manufacturing Fund
Baroda BNP Paribas Mutual Fund has launched Baroda BNP Paribas Manufacturing Fund, an open-ended equity scheme predominantly investing in manufacturing themes.
10.06 / 11:15
UPS FIVE awards WhatsApp Courts UP: Azam Khan freed in case related to forcing people to vacate their dwellings in Dungarpur
Samajwadi Party leader Mohd Azam Khan by clearing his name in a case related to loot and indulging in violence by forcing people to vacate their dwellings in Dungarpur area eight years ago. MP-MLA court judge Vijay Kumar cleared Khan and five other accused in the case related to 2016, said Khan's lawyer Jubair Ahmad.
10.06 / 11:13
FIVE Election DAL Modi 3.0 Cabinet Decoded: No Muslim face, 11 NDA ministers — Who made it, who didn't?
as per the government.The Council of Ministers in Modi 3.0 has 13 members from the Rajya Sabha, while 57 are newly-elected MPs from the Lok Sabha. Two of the new ministers of state – Ravneet Singh Bittu and George Kurian – are not members of either Lok Sabha or Rajya Sabha and are required to become a member of Parliament within six months of their oath-taking.Of the total 31 cabinet ministers, including PM Modi, as many as eight are Rajya Sabha members.
10.06 / 09:59
UPS FIVE Manufacturing economy voice Department Mint Explainer: Key policy changes in Nirmala Sitharaman’s first stint as FM
Mint takes a look at some of the key policy changes brought in by Nirmala Sitharaman, an influential voice in the new cabinet, during her first five years as FM. Sitharaman is tipped to retain the finance portfolio in the new government. The union budget for FY24 raised the tax-rebate ceiling under the new personal income tax regime from ₹5 lakh to ₹7 lakh, easing the burden on the middle class.
10.06 / 08:35
Provident FIVE Racing wellness Healthcare performer Department Artificial general intelligence could reboot India’s prospects
₹10,000 crore across five years for AI development. It will support AI super-computing infrastructure accessible to startups, academia and industry. As India joins the AI race, we must it prepare for the next evolutionary leap that is Artificial General Intelligence (AGI).
10.06 / 08:17
UPS Provident FIVE WhatsApp Fund released for farmers was due month ago, PM Modi did no special favour to them: Congress
Narendra Modi did no special favour to farmers by releasing the PM-Kisan Samman Nidhi fund, which was due to them a month ago but delayed by the poll code, the Congress said on Monday. Congress general secretary Jairam Ramesh said the release of the 17th instalment of funds, which Modi is touting as the first decision of his new government, is the legitimate entitlement due to farmers, according to the policy of his government.
10.06 / 07:23
Target FIVE security Mobile Mahangar Gas rises 6.5% as management iterated growth guidance; Brokerages maintain rating and target price
Shares of Mahanagr Gas (MGL) rose 6.5% to an intraday high after the company’s management stood confident on its FY25 guidance of 6-7% year-on-year growth. 
10.06 / 02:25
COST IPO FIVE wellness hospital reports International The Leela Hotels IPO valued at $2.5 billion in dramatic turnaround
₹21,000 crore) in a public listing likely in nine months, two people familiar with its plans said, in a remarkable turnaround for the luxury chain that changed hands under crushing debt and defaults five years ago. Promoter Brookfield has tapped JM Financial and Bank of America to be investment bankers, the people said on condition of anonymity, adding the Canadian investor plans to sell 15% to the public initially, and another 10% over the next three years. The IPO may be worth around ₹3,150 crore, making it the biggest in India's hospitality space.
09.06 / 21:51
UPS FIVE Election community performer Modi 3.0 sworn-in: A 'sabka sath' union council of ministers
BJP-led NDA government. States set for assembly elections later this year have also got representation in the new government. Representation has also been given to states where BJP's performance in the Lok Sabha polls was poor.
09.06 / 20:41
markets COST UPS FIVE Booking Total environment repays ₹2,070 cr to top lenders
Total Environment has paid up approximately ₹2,070 crore of debt raised from top-tier financial institutions, driven by robust residential sales.
09.06 / 19:21
UPS FIVE Election country isolate rights Millions join EU vote finale as far right eyes gains
voters from Vilnius to Madrid were casting ballots Sunday on the final day of elections for the EU's parliament, with far-right parties eyeing gains at a pivotal time for the bloc.
09.06 / 19:21
Target FIVE security Death Flushing Experts reports 'Reasi attack marks a shift in terrorist activities'
Reasi on Sunday is one of the biggest terrorist attacks on outsiders this year and marks a shift in terrorist activities in the Jammu region, said counterinsurgency experts, adding that so far terrorists were targeting security forces in the region.
09.06 / 16:09
markets UPS FIVE Reuters security Trade Sebi proposes tighter rules for derivatives trading on individual stocks
Mumbai: India's markets regulator has proposed tighter rules on trading in individual stock derivatives, arguing the rules were needed to avert risks of market manipulation after recent explosive growth particularly in options trading.The move comes after two sources familiar with the matter told Reuters in April that India's top financial regulators would form a committee to assess stability risks emerging from a surge in derivatives markets.Options trading has soared in India in the last five years, fueled mainly by retail investors so that the notional value of index options traded more than doubled in 2023-24 to $907.09 trillion from the year before, exchange operator NSE has said.A discussion paper published on Sunday on the website of the Securities and Exchange Board of India (SEBI) said derivatives contracts on individual stocks should have sufficient liquidity and trading interest from market participants - currently a requirement only for contracts on indexes."Without sufficient depth in the underlying cash market and appropriate position limits around leveraged derivatives, there can be higher risks of market manipulation, increased volatility, and compromised investor protection," SEBI said.Under the proposed rules, for a stock to be considered for futures and options (F&O) trading, it should have traded for 75% of trading days, SEBI said, without specifying over what period.Also 15% of active derivatives traders should have traded the stock; average premium daily turnover should be ₹150 crore ($18 million); average daily turnover must be between ₹500 crore and ₹1,500 crore; and the maximum number of open F&O contracts permitted for the underlying stock must be ₹1,250 crore – ₹1,750 crore.
09.06 / 16:09
FIVE security Remark Election film stars From zero to hero: The rise of Chirag Paswan
Chirag Paswan of the Lok Janshakti Party has been sworn in as a member of the new Union cabinet.Chirag Paswan, the representative of the Hajipur Lok Sabha constituency, secured a ministerial position in Modi's 3.0 cabinet. It is a remarkable turnaround for Paswan, once an aspiring movie star, from a potential political non-entity to a Union minister.
09.06 / 12:19
FIVE Election WhatsApp President country Iran's Guardian Council allows six candidates to seek presidency, while barring Ahmadinejad
parliament and five others to run in the country's June 28 presidential election following a helicopter crash that killed President Ebrahim Raisi and seven others. The council again barred former President Mahmoud Ahmadinejad, a firebrand populist known for the crackdown that followed his disputed 2009 re-election, from running.

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