FIVE Financial News

28.04 / 12:42
UPS FIVE Art Booking Food Universities Unlocking the secrets of flavor: A journey into the art and science of taste
Arielle Johnson was working at the fermentation laboratory she founded at Noma, the restaurant in Copenhagen, Denmark, and had to explain the techniques she was using to the chefs. «They had a lot of knowledge that intersected with what I had, but what I learned as a scientist did not cross over,» said Johnson, who trained as a flavor scientist at the University of California, Davis. «I found myself explaining a lot of concepts to people over and over. It would lead to info-dumping on a cook for 10 minutes and saying, 'I wish there was a book I could give you.' So that's this book.» "Flavorama: A Guide to Unlocking the Art and Science of Flavor," her first cookbook, published in March, explains the basics of flavor, how it works and how it can be used. There are more than 75 recipes in the book, including one of Johnson's favorites, smoke oil, which she created using canola or grapeseed oil and Lapsang souchong tea to infuse smoky flavors without setting off the fire alarm in her apartment.
28.04 / 12:41
UPS FIVE Aviat CEO Airlines International Dubai ruler approves new $35 billion airport terminal
Sheikh Mohammed bin Rashid al-Maktoum approved a new passenger terminal in Al Maktoum International airport worth 128 billion AED ($34.85 billion), he said on Sunday in a post on X. The Al Maktoum International Airport will be the largest in the world with a capacity of up to 260 million passengers, and five times the size of Dubai International Airport, he added, saying that all operations at Dubai airport would be transferred to Al Maktoum in the coming years.
28.04 / 12:35
FIVE Extreme Death love show reports 12-year-old girl dies by suicide after losing pet dog; mother says, 'She stopped eating after...'
dog had died some days ago. She was extremely tensed since then, the family says," the official said. The girl's family said that the pet dog had passed away just five days ago.
28.04 / 11:29
UPS FIVE economy wellness pandemic President Even if the Fed cuts, the days of ultralow rates are over
Amid the debate over whether and when the Federal Reserve cuts interest rates, another important argument is unfolding: where do rates settle in the long run? At issue is the neutral rate of interest: the rate that keeps the demand and supply of savings in equilibrium, leading to stable economic growth and inflation. For the last 40 years, and especially following the 2008 financial crisis, economists and Fed policymakers steadily revised down their estimates of neutral. This view became embedded in bond yields, mortgage rates, equity prices and countless other assets.
28.04 / 11:29
FIVE Ball wellness GT vs RCB IPL 2024: Shahrukh Khan slams his maiden IPL 50, netizens say ‘fearless like kal ho na ho’
GT vs RCB IPL 2024: Young batter Shahrukh Khan is playing an explosive knock against Royal Challengers Bengaluru (RCB) as Gujarat Titans (GT) claw back from the poor start at Narendra Modi Stadium, Ahmedabad. Shahrukh Khan smashed his maiden IPL half-century in just 24 balls and supported Sai Sudharsan well to take his team's score towards a big score. Gujarat Titans lost their openers early as Swapnil Singh dismissed Wriddhiman Saha in the first over, while spinner Glenn Maxwell took out GT skipper Shubman Gill after the first powerplay.
28.04 / 11:21
markets FIVE WhatsApp Universities country voice ET Explains: Everything to know about RBI's criteria for small finance banks eyeing universal banking status
Reserve Bank of India last Friday set eligibility criteria for small finance banks seeking to upgrade to universal banking franchises. Out of 11 small finance banks in the country, just one is currently eligible to apply for a universal banking license, while at least two others had earlier voiced willingness for a transition. Here's an ET Explainer on the benefits of such a transition: Why would a small finance bank want to become a universal bank? At the outset, it is a major branding boost for small finance banks. Currently, wherever their field officers go, they face an inevitable question: what is a small finance bank? Even in the urban market, a sizeable segment of banking customers is not very familiar with this differentiated banking franchise even after over a half-a-decade of their existence. «Most importantly, when you are a universal bank, the perception of “small bank” goes and that improves your standing with every stakeholder,» a chief executive of a small finance bank said. What are the regulatory benefits?
28.04 / 11:13
markets FIVE WhatsApp wellness Universities country voice regulatory ET Explains: The regulatory benefits for small finance banks transitioning to universal banking
Reserve Bank of India last Friday set the eligibility criteria for small finance banks willing to upgrade themselves as universal banking franchises. Here's an ET Explainer on the benefits of such a transition. Out of 11 small finance banks that exist in the country, merely one is currently eligible to seek a universal banking license, while at least two other banks had earlier voiced their willingness for a transition. Why would a small finance bank want to become a universal bank? At the very first place, it's a major branding issue for small finance banks. Wherever their field officers go, they face an inevitable question: what is a small finance bank? Even in the urban market, a sizeable segment of banking customers are not very familiar with this differentiated banking franchise even after over a half-a-decade of their existence. «Most importantly, when you are a universal bank, the perception of “small bank” goes and that improves your standing with every stakeholder,» a chief executive of a small finance bank said.
28.04 / 11:13
MET FIVE Research Bill reports Courts Seven states held assembly sessions stretching for over six months in 2023 with long adjournments: Report
State assemblies met for an average of 22 days in 2023, even as in some states they held sittings after long adjournments with sessions stretching for over six months without the House being prorogued amid run-ins between state governments and governors. According to a report by think tank PRS Legislative Research, state assemblies sat for an average of 22 days in 2023, and the average duration of sittings was five hours. In 2023, seven states continued sessions for more than six months without proroguing it, and with long gaps between sittings, it said. The Constitution mandates state legislature sessions to be held at least once every six months. Almost 62 per cent of sittings were held during the budget session.
28.04 / 10:39
Waves FIVE Election country isolate Heatwave alert: IMD predicts temperature rise in THESE districts of Kerala during next 5 days, check details
ALSO READ: Heatwave warning: IMD issues ‘red alert’ for Gangetic West Bengal, Odisha Excluding hilly areas, the districts in Kerala are expected to experience hot and humid weather conditions from 28 April to 2 May. Apart from this, the likelihood of heat wave conditions occurring in one or two locations within Kollam, Palakkad, and Thrissur districts are also high during these five days, added the agencies.
28.04 / 10:09
markets FIVE Election Trade Stock market holidays in May 2024: NSE, BSE to remain closed on these days; check list here
Bank Holidays in May 2024: Banks will remain closed on THESE 10 days. Check all details here In addition to May 1, the NSE and BSE will be closed on May 20 due to the general elections, specifically when all six Lok Sabha seats in Mumbai are contested in the fifth phase of the seven-phase electoral process. In Maharashtra, Lok Sabha elections are scheduled across five phases.
28.04 / 10:01
Waves FIVE WhatsApp Department Weather agencies issue maximum temperature warning for 12 districts in Kerala for next five days
severe heat in Kerala, the meteorological department on Sunday issued a maximum temperature warning for 12 districts over the next five days. In Kollam, Palakkad, and Thrissur districts, there's a possibility of a heat wave in certain areas, according to the IMD and the Kerala State Disaster Management Authority.
28.04 / 09:37
FIVE Booking Southern Coronavirus pandemic travelers International Dubai plans to move its busy international airport to a $35 billion new facility within 10 years
Dubai International Airport, the world's busiest for international travel, will move its operations to the city-state's second, sprawling airfield in its southern desert reaches «within the next 10 years» in a project worth nearly $35 billion, its ruler said Sunday. Sheikh Mohammed bin Rashid Al Maktoum's announcement marks the latest chapter in the rebound of its long-haul carrier Emirates after the coronavirus pandemic grounded international travel. Plans have been on the books for years to move the operations of the airport known as DXB to Al Maktoum International Airport at Dubai World Central which had also been delayed by the repercussions of the sheikhdom's 2009 economic crisis. «We are building a new project for future generations, ensuring continuous and stable development for our children and their children in turn,» Sheikh Mohammed said in an online statement. «Dubai will be the world's airport, its port, its urban hub and its new global center.»
28.04 / 09:37
UPS FIVE Election Death Fishing Mafias in UP now pleading "jaan baksh do ek baar..." under BJP govt, says CM Yogi
Uttar Pradesh Chief Minister Yogi Adityanath on Sunday said that 'mafias' in the state, who were once protected are now looking to surrender and are pleading for their life under the BJP government in Uttar Pradesh. CM Yogi while addressing a public rally in Bareilly, said «This is the govt of BJP, the 'mafia' that used to roam around under the protection of the then govt, today, that mafia is looking to surrender and says 'jaan baksh do ek baar bas'. Ye mafia aparaadhiyon ko thela lagaane ke lie majaboor kar do (These mafias and criminals must be forced for carting as they should be taught hard work),». CM Yogi accused the Samajwadi Party of sympathising with the mafias and criminals.
28.04 / 09:33
UPS Provident FIVE Racing performer track cover Mantra Why a chemical engineer’s simple money mantra attracts thousands of followers
Asan Ideas of Wealth, follows the unified portfolio approach. All his savings are invested in just two mutual funds—the Nifty50 index fund, and the Gilt Fund. The 53-year-old, a chemical engineer at a Gujarat-based fertiliser company, aims to maintain 50% allocation each in equity and debt.
28.04 / 09:05
FIVE Action Trade Universities track reports guidelines Despite new RBI rules, no small finance bank will apply for a universal banking licence anytime soon
Also read: RBI sets standards for SFBs eyeing universal bank licence Uttam Tibrewal, executive director & deputy chief executive officer, AU SFB, said, “Prima facie it looks like we meet most of the criteria set out by the regulator. We are studying the circular in detail and will discuss the next course of action with our board soon. Currently, we are fully focused on ensuring a smooth integration with Fincare SFB and scaling our recently launched authorised dealer-I business of cross-border trade and forex for our customers." According to the RBI's guidelines, only listed SFBs can qualify for a universal banking license.
28.04 / 09:05
FIVE country Updates ‘Call it a partnership or marriage, BJD and BJP are together’: Rahul Gandhi in Odisha takes dig at PM Modi
PM Narendra Modi runs a government for billionaires from Delhi, Chief Minister Naveen Patnaik leads a dispensation that works for "select people" in Odisha. Taking a dig at Patnaik, Gandhi said that though he was the chief minister, the BJD government in the state was being run by his aide VK Pandian. Also Read | PM Modi's look-alike sells Pani Puri in Gujarat; netizens react, ‘Low budget Modi’ In an apparent reference to PM Modi, Gandhi said, "Uncle-ji and Naveen-babu have given Odisha PAANN, meaning Pandian, Amit Shah, Narendra Modi, Naveen Patnaik.
28.04 / 08:27
FIVE WhatsApp wellness students performer JEE Advanced 2024 registration starts at jeeadv.ac.in. Check exam date, application process, eligibility and other key details
Direct link to apply: https://jeeadv.nic.in/applicant Indian Institute of Technology Madras (IIT Madras) has started the application process for Joint Entrance Examination Advanced (JEE Advanced 2024) at the official website, jeeadv.ac.in.
28.04 / 08:27
Waves MET FIVE isolate Department Bengaluru hit with unusual weather; records its 4th hottest day in April
Bengaluru, known for its charming climate, is currently facing an unusually hot summer, registering 38 degrees Celsius on Saturday, making it the fourth hottest April day on record. Last week, it experienced its third hottest April day but received a brief respite from the heat with some rainfall. However, the sunny weather persisted, leaving residents wondering when relief will come. Nonetheless, the India Meteorological Department (IMD) offers hope, predicting rainfall in May.
28.04 / 07:33
FIVE BLOCK Election WhatsApp President Relationships Setback to opposition, several Samajwadi Party leaders join BJP in Lucknow
Lok Sabha polls, several Samajwadi Party leaders joined the Bharatiya Janata Party in Lucknow on Sunday. Former Samajwadi Party MLA Jai Choubey and several other leaders including Balram Yadav, and Jagat Jaiswal joined the BJP in the presence of Uttar Pradesh Deputy Chief Minister Brajesh Pathak. «Former MLA and several district presidents have joined our party today. Welcome, and congratulations to all of you. Those working at the block level are also coming along with them, they have a big responsibility in their hands,» Pathak said.
28.04 / 07:07
UPS Provident FIVE country reports Foreign talent to make up for unskilled bureaucrats in Pakistan: Report
Pakistan's Cabinet has relaxed rules to hire foreign consultancy firms to make up for 'unskilled' bureaucrats and speed up official efforts to bring investment for various projects in the cash-strapped country from the Gulf and other nations, according to a media report. The decision was taken to support the Special Investment Facilitation Council (SIFC), the top civil-military body created last year to bring investment into the country. According to The Express Tribune, the Cabinet relaxed the public procurement legal framework to hire foreign consultancy firms to strengthen the SIFC to prepare various projects before offering them to foreign investors.
28.04 / 07:07
FIVE security Research Trade electronic reports Pharmaceuticals China's share in India's industrial goods imports jump to 30% from 21% in last 15 years: GTRI
India's dependence on Chinese industrial goods like telecom, machinery and electronics, Beijing's share in New Delhi's imports of such goods rose to 30 per cent from 21 per cent in the last 15 years, a report said. According to the report by the economic think tank Global Trade Research Initiative (GTRI), the growing trade deficit with China is a cause of concern, and the strategic implications of this dependency are profound, affecting not only economic but also national security dimensions. From 2019 to 2024, India's exports to China have stagnated at around USD 16 billion annually, while imports from China have surged from USD 70.3 billion in 2018-19 to over USD 101 billion in 2023-24, resulting in a cumulative trade deficit exceeding USD 387 billion over five years. The Indian government and industries must evaluate and potentially recalibrate their import strategies, fostering more diversified and resilient supply chains, GTRI founder Ajay Srivastava said.

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