FIVE Financial News

28.03 / 06:13
FIVE Digital Manufacturing Adventure Bill Features Updates Looking for an adventure under ₹3 lakh? Here are 5 ADVs that fit the bill
₹3 lakh, here are five excellent choices that deliver versatility without compromise:The Suzuki V-Strom SX is priced at ₹2.16 lakh (ex-showroom), with the manufacturer currently offering discounts of up to ₹15,000 as of February 2025. This bike boasts a 249 cc single-cylinder, oil-cooled engine paired with a six-speed transmission, generating 25 bhp at 9,300 rpm and a peak torque of 22 Nm at 7,300 rpm.
28.03 / 02:11
FIVE Align WhatsApp trends country reports Destinations UK’s non-dom tax changes could be driving out billionaires like Lakshmi Mittal
Lakshmi Mittal is weighing the possibility of leaving the UK following the government’s decision to end tax benefits for non-domiciled residents. If he proceeds with this move, he will be among the wealthiest entrepreneurs to leave due to tax reforms. According to a Financial Times report, Mittal, who has lived in the UK for nearly 30 years, is assessing his options in response to the Labour government's decision to abolish the «non-dom» tax regime. This policy allowed certain UK residents to avoid taxes on foreign income and gains. “He is exploring his options and will take a final decision over the course of this year,” said a close associate. “There is a good chance he will cease to be a UK tax resident.” The billionaire and his family ranked seventh on the Sunday Times list of Britain's wealthiest individuals last year, with an estimated fortune of £14.9 billion. He owns multiple properties across Europe, the US, and Asia, including a chalet in St Moritz, Switzerland, and has recently been investing in Dubai real estate.
28.03 / 01:35
UPS FIVE wellness Healthcare Department Destinations Mint Quick Edit | Why are so many wealthy Indians leaving?
Subscribe to enjoy similar stories. One in every five ultra-high net worth individuals in India is either in the process of migrating overseas or plans to, according to a survey by Kotak Private Banking, a unit of Kotak Mahindra Bank. Its study found a higher propensity to migrate among professionals than entrepreneurs or those who inherited their wealth.
27.03 / 20:47
Provident FIVE Ball security shooting show performer Los Angeles Lakers upgrade Jordan Goodwin’s contract for two years under NBA deal; Cam Reddish waived by team
Lakers made a formal decision to remove guard Jordan Goodwin from the two-way contract system so he can now play full-time for the main roster before the playoffs begin. The Los Angeles Lakers’ decision signaled their confidence in his impact ahead of the postseason. The team dismissed forward Cam Reddish from its roster as they needed the open spot to sign guard Goodwin. The Lakers promoted Goodwin because of his significant contributions since joining the team in January, with particular strength in defense and energy.
27.03 / 15:53
COST UPS FIVE wellness show RBI February rate cut sees mixed transmission: Deposit rates fall while lending rates stay high
Reserve Bank of India’s first rate cut in five years into deposit and lending rates were mixed in February. While banks lowered rates on new deposits, they did not offer lower rates to new loan borrowers immediately. Data released Thursday by the RBI showed that the weighted average domestic term deposit rate on fresh deposits of banks fell to 6.48% in February from 6.56% a month ago. On the outstanding deposits, the rate remained unchanged at 7.02%. At the same time, the weighted average lending rate (WALR) on fresh rupee loans of banks increased to 9.40% in February from 9.32% in the previous month. This was because MCLR had gone up by 5 basis points in February. In the subsequent month, one-year median MCLR fell by 5 bps to 9.00% in March, the RBI data showed.
27.03 / 15:53
UPS FIVE Sustainability Death reports Egyptian Tourist Submarine Disaster: Six killed, over 30 rescued near Hurghada
tourist submarine sank off the Egyptian Red Sea resort town of Hurghada on Thursday morning, killing six Russian nationals, including two children. The vessel was carrying 45 Russian tourists on an underwater coral reef tour when it submerged and failed to resurface. Egypt’s Red Sea governorate confirmed the death toll in a Facebook post, stating that all those killed were Russian. The Russian consul in Hurghada told RIA Novosti that 38 Russians were rescued, while 14 were hospitalised. The governorate added that no one else was missing.
27.03 / 11:39
UPS FIVE Manufacturing pandemic reports Will HAL finally gain speed after getting GE engines for Tejas following multi-year delay?
Hindustan Aeronautics Limited (HAL) is gearing up to ramp up production of the Tejas Mark-1A, India's indigenously developed fighter jet, after years of delays worsened by issues with engine supplies from the United States, according to a TOI report on Thursday. The first of the 99 engine shipments arrived on March 26, 2025, after General Electric's (GE) aerospace division overcame significant challenges, including reactivating the F404 production line, which had been dormant for five years. This marks a major milestone, but HAL still faces numerous challenges in meeting the ambitious delivery timelines for the fighter aircraft, which is crucial for India’s military preparedness. In response to the ongoing delays, HAL has intensified its efforts to scale up production, with three production lines in operation, said the TOI report. The company’s facilities in Bengaluru and Nashik are expected to play a crucial role in increasing production capacity. According to the report, HAL is confident that it can scale up to a rate of 20 Tejas per year, with plans to further boost production to 24 units annually.
27.03 / 10:37
markets FIVE Extreme Action performer donates Headlines Warren Buffett's $5 bn giveaway, Malibu mansions, and billion-dollar divorces: Check interesting facts about world's richest
Hurun Global Rich List 2025, ranking the world’s US-dollar billionaires. The latest list highlights major shifts in wealth, with some of the world’s richest individuals experiencing extraordinary financial gains, while others faced setbacks due to market volatility, competition, and political involvement. Mukesh Ambani has fallen out of the world’s top 10 wealthiest list after his fortune shrank by ₹1 lakh crore over the past year, according to the Hurun Global Rich List 2025. The decline was attributed to rising debt levels. Despite the losses, Ambani remains Asia’s richest person. Also Read: Mukesh Ambani drops out of world's top 10 wealthiest list At 53, Elon Musk reclaimed the title of the world’s wealthiest person for the fourth time in five years. He became the first individual to surpass the $400 billion mark, with his net worth surging by $189 billion (82%). Analysts attribute this surge largely to the ‘Trump effect’ on Tesla’s stock price, which saw a significant boost following Donald Trump’s strong political comeback. Also Read: Elon Musk reigns again as world's richest; 'Trump Effect' in action?
27.03 / 10:37
FIVE Ball Death show reports International bowling IPL 2025 SRH vs LSG pitch & weather report: How will the surface at Rajiv Gandhi Stadium play for today's match?
The previous season's runners-up made an early impact by posting the league’s second-highest total. As SRH gets ready for today’s match, it’s unlikely they’ll change their aggressive approach, making it possible for them to become the first team to score 300 runs in an IPL inning. In the first five matches, 119 sixes were hit, with 30 coming from the SRH-RR game. The Sunrisers will be eager to take on the LSG bowling attack, which is missing key players Avesh Khan, Mayank Yadav, Mohsin Khan, and Akash Deep due to injuries.Avesh has been cleared to return, but it will be interesting to see how he fares in his first match since January. He’ll face SRH’s strong top order, including Ishan Kishan, Travis Head, and Abhishek Sharma, all in excellent form. Nitish Kumar Reddy, making a comeback from injury, showed no signs of trouble with a rapid 30 off 15 balls. With Heinrich Klaasen waiting in the wings, LSG's bowling attack faces a significant challenge.
27.03 / 10:03
FIVE Analysis reports patient medicines infection Vaccines IPC raises concern over five lifesaving drugs for causing adverse reaction
Subscribe to enjoy similar stories. New Delhi: The Indian Pharmacopoeia Commission (IPC), a body under the health ministry, has named five lifesaving drugs as having shown serious side effects. The drugs are Metronidazole, an antibiotic; Luliconazole, an antifungal; Dalteparin, used for cancer treatment; diabetics drug Gliclazide and Tramadol, a painkiller.
27.03 / 06:53
markets FIVE economy wellness Healthcare President hospital Is the worst over? Mihir Vora on the market’s next big moves
«Some of the self-inflicted fundamental factors like RBI keeping liquidity tight, government going slow on spending in the first half, those are now getting unwound,» says Mihir Vora, CIO, Trust Mutual Fund. Where markets are headed. Mihir Vora: We had this good correction for five months and we had a smart bounce back. The correction had some reasons and maybe to some extent it was overdone so that overdone part is probably done. So, we have had the reset, I would say. I call it the reset in the market.
27.03 / 03:19
markets FIVE Action Bill Universities classical Features The online casinos that can operate as long as they say they aren't actually casinos
sweepstakes casinos has found a way around the law to let users play classic casino games online. Their revenues have grown 10-fold in the past five years, and they're now large enough to feature ads with Ryan Seacrest, Drake and Michael Phelps. Only recently have states such as New York and Maryland contemplated restricting them, with billions of tax dollars at stake. But the loophole used by sweepstakes casinos complicates the states' ability — and desire — to take action. That loophole? The «no purchase necessary» rule that differentiates a legal sweepstakes from an illegal lottery.
27.03 / 00:19
FIVE Booking security WhatsApp 2020 KKR may sell $300-m stake in JB Chemicals
The floor price has been set at ₹1,625 per share, a 4.9% discount to Wednesday's closing price of ₹1,695 on NSE. The base offer comprises 10.6 million shares (6.8% stake) worth ₹1,717.4 crore, along with a greenshoe option of 5.3 million shares (3.4% stake) valued at ₹858.7 crore.
26.03 / 19:09
UPS Provident FIVE Action security Bill Taking relentless action on wilful defaulters: FM Nirmala Sitharaman
Finance minister Nirmala Sitharaman Wednesday said «relentless action» is going on against wilful bank defaulters and that loan write-offs do not mean waivers as borrowers remain liable to repay their dues. «Banks continue to pursue recovery actions in written-off accounts using various mechanisms,» she said, responding to the discussion on Banking Laws (Amendment) Bill 2024 in the Rajya Sabha. The upper house, subsequently, gave its nod to the bill that seeks to provide options to the depositors for either successive or simultaneous nominations besides allowing public sector banks (PSBs) to transfer unclaimed shares, interest, and bond redemption amounts to investor protection fund besides other changes. The bill has already secured Lok Sabha's nod.
26.03 / 19:09
FIVE WhatsApp IPL 2025: It is raining boundaries as several batting records are broken in the first five matches
IPL 2025 has just kickstarted with each of the teams having played at least one match, and multiple records have already been broken in the first five matches of the season. The league has become a paradise for the batters with flat pitches, short boundaries and thicker bats. The league tilting towards the batters was reflected as multiple batting records have been broken over five days. As many as 119 sixes were hit in the first five matches of the league- an average of 11.9 sixes per innings- comfortably surpassing the previous best of 88 sixes in five matches in 2023.
26.03 / 18:37
markets UPS FIVE War country Interviews 'Fundamentals of domestic realty market probably best in the world'
They told ET in an interview that macroeconomic uncertainty, potential tariff wars and inflation concerns may slow down global real estate recovery, but India's strong fundamentals continue to attract long-term investors. «We think 2025 will continue to be a little bit more choppy, just because of the potential tariff wars. But as that gets resolved, we expect strong growth heading into 2026,» Robinson said.
26.03 / 17:59
Provident FIVE security Analysis Food show information Sonia Gandhi alleges government’s maternity benefits underfunded, not being disbursed efficiently
Sonia Gandhi stated in the Rajya Sabha on Wednesday that the Pradhan Mantri Matru Vandana Yojana is “severely underfunded” and is not being disbursed to the entitled pregnant women. She demanded that the funds be increased and disbursed more efficiently to the intended beneficiaries. Raising the matter during Zero Hour, Gandhi said, “The non-fulfilment of maternity entitlements under the National Food Security Act, 2013, and the Pradhan Mantri Matru Vandana Yojana is a pressing concern. The National Food Security Act was passed by Parliament in September 2013 under the leadership of Dr.
26.03 / 15:39
markets COST UPS FIVE Strategy Happiest Minds bets on SaaS, HaaS to drive growth amid market slump
IT services company Happiest Minds Technologies announced strategic changes to strengthen products, software-as-a-service (SaaS) and a soon-to-be launched healthcare-as-a-service (HaaS) solutions. On Wednesday, shares of Happiest Minds Technologies touched a 52-week low for the second consecutive day to reach Rs 620.20 on the BSE, before ending slightly higher at Rs 624.10 per share. At a press conference around a month before its fourth quarter and full year earnings the Bengaluru-headquartered company said it has drawn up plans to expand its business to the private equity (PE) ecosystem, global capability centres (GCCs) and a strategy to focus on high potential large accounts.
26.03 / 14:21
Provident FIVE Aware Action WhatsApp Healthcare Vaccines Karnataka to vaccinate girls aged 14 for cervical cancer in five districts for free
“This initiative reflects the government’s commitment to leveraging HPV vaccination to eliminate cervical cancer, the second most common cancer among women after breast cancer,” Rao said at an event, Cervical Cancer Elimination Movement: From Awareness to Action, held in Bengaluru. The programme is being carried out in collaboration with Artist for Her, HDR Healthcare Foundation, HealthCare Sector Skill Council, ECHO India, Association of Healthcare Providers and the Karnataka State Obstetrics and Gynaecology Association. Rao said the state government is considering a proposal submitted by Artist for Her and others to expand the vaccination drive to Chikkaballapur district. “Those screened and diagnosed will receive a 90% treatment success rate.
26.03 / 13:37
UPS FIVE WhatsApp Rajiv Gauba appointed NITI Aayog member; Sanjay Kumar Mishra appointed member of EAC-PM
Rajiv Gauba as full-time member of NITI Aayog with immediate effect and Sanjay Kumar Mishra, the former head of Enforcement Directorate, as the full-time member of the Economic Advisory Council to the PM (EAC-PM). Both these appointments were notified on Tuesday. While Gauba is the retired 1982-batch IAS officer from the Jharkhand cadre who served as a cabinet secretary for five years from 2019 to 2024, Mishra is a 1984-batch Indian Revenue Service (IRS) officer from Uttar Pradesh. “NITI Aayog welcomes Shri Rajiv Gauba. His vast experience and excellence in public administration will be pivotal in spearheading policy-making and implementation,” the Aayog tweeted on Thursday. Gauba will join the league of four existing full-time members of the Aayog including VK Saraswat, VK Paul, Ramesh Chand and Arvind Virmani. While the prime minister is the chairman of the Aayog, Suman Bery is the vice chairman of the Ayog which was set up in 2015 replacing the erstwhile Planning Commission. With the appointment of Mishra, the EAC-PM will now have three full-time members, the other two being Sanjeev Sanyal and Shamika Ravi. The other part-time members of EAC-PM include Rakesh Mohan, Sajjid Chinoy, Neelkanth Mishra, Nilesh Shah, TT Ram Mohan and Poonam Gupta.
26.03 / 12:41
FIVE Citizens WhatsApp Healthcare President country Destinations More than a fifth of super rich want to migrate out of India: Survey
super rich Indians wish to leave the country due to factors like living conditions here, better standard of life abroad and also easier business environment in other countries, a survey said on Wednesday. The survey of 150 ultra high networth individuals said that the US, UK, Australia, Canada and even UAE due to its golden visa scheme are the favourite destinations where the rich prefer to settle down. Kotak Private, a leading wealth manager in the country which undertook the survey in association with consultancy EY, said 25 lakh Indians migrate to other countries every year as per the foreign ministry. «One in five ultra HNIs surveyed are currently in the process of or plan to migrate,» the survey findings said, adding most of them intend to reside in their host country of choice permanently while retaining their Indian citizenship.

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