FIVE Financial News
05.04 / 18:17
FIVE
community
Schools
Punjab govt declares state holiday for Guru Nabha Das's birth anniversary on Monday; schools, offices to remain closed
AAP-ruled Punjab removed April 8 from the restricted holiday list and made it a gazette holiday. A restricted holiday is a type of government holiday list, additional to gazette ones, from which an employee can choose two festivals to observe each year. Guru Nabha Das, originally named Narayan Das, was a revered Hindu saint, theologian, and the author of the Bhaktamal.
05.04 / 16:33
FIVE
Digital
Justice
country
Department
prevention
Courts
Montenegro's top court orders another review in the case of cryptocurrency mogul Do Kwon
Montenegro’s top court has overturned a decision to hand over a South Korean mogul known as “the cryptocurrency king” to his native country
05.04 / 15:31
FIVE
Manufacturing
economy
Justice
social
reports
Indian National Congress pledges to re-set economic policy in its manifesto
₹1 lakh annually in cash transfers to the poor, and address the twin challenges of joblessness and inflation. A ‘Mahalakshmi scheme’ – the centrepiece of a broad five-year programme of social justice -- will provide ₹1 lakh per year to every poor Indian family as an unconditional cash transfer, India's main party of Opposition said in its manifesto, 'Nyay Patra', launched on Friday.
05.04 / 15:31
UPS
Provident
FIVE
Nestle
inclusion
reports
Nestle India board approves hike in royalty payment to Swiss parent
NEW DELHI : Nestle India’s board has approved a staggered increase in royalty payout to the company’s Swiss parent Société des Produits Nestlé S.A. The consumer goods company will hike its payout to Nestlé S.A.
05.04 / 15:07
markets
FIVE
security
WhatsApp
Cycling
show
India's forex reserves hit record high at $645.58 billion for week ending on March 29
Bank of India’s foreign exchange reserves touched a new record high of $645.58 billion in the week ended March 29, topping the previous high of $642.49, latest central bank data showed. Forex reserves increased by $2.9 billion in the week ended March 29, primarily driven by the central bank’s foreign currency assets that rose $2.3 billion to $570.61 billion during the week. “We have been consciously building reserves over the past four five years as the market moves prevailing upon the market situation,” said central bank governor Shaktikanta Das at the post-policy media briefing Friday. “That effort continues because it acts as a buffer against future risks especially in situations when the cycle turns and there is significant outflow of dollars”
05.04 / 15:07
markets
UPS
FIVE
Cycling
Even at all time high of $645.6 billion, RBI to continue to accumulate reserves
bank will continue to accumulate foreign exchange reserves even though it is at an all-time high as it looks to strengthen its position to counter volatility due to spillovers. India’s foreign exchange reserves stood at a record $645.6 billion as of March 29. “We have been consciously building reserves over the past four five years as the market moves prevailing upon the market situation,” said central bank governor Shaktikanta Das at the post-policy media briefing Friday. “That effort continues because it acts as a buffer against future risks especially in situations when the cycle turns and there is significant outflow of dollars”
05.04 / 13:51
FIVE
Platform
War
show
stars
reports
International
Mindy Kaling set to star in new comedy sitcom? All about her new show
Mindy Kaling, the comedic genius behind hits like "The Mindy Project," is making a triumphant return to Hulu with her latest creation, "Murray Hill." The streaming platform, known for rescuing «The Mindy Project» from cancellation in 2015, emerged victorious in a competitive bidding war for Kaling's new single-camera sitcom. This marks a significant milestone as Hulu grants Kaling a script-to-series commitment, signaling confidence in her creative prowess, as per a report by Collider.
05.04 / 13:41
markets
COST
FIVE
Southern
President
Experts
Buying house to become costlier? Here's how cement price rise will affect the real estate market in India
₹10-15 per bag. In North India, the prices of 50 kg bags will see a hike of ₹10-15, while the Western region may witness an increase of ₹20 per bag. The central and eastern regions are expected to face a more substantial rise, with prices potentially rising by ₹30-40 per bag.
05.04 / 12:35
05.04 / 12:17
FIVE
CEO
Platform
Strategy
voice
information
recommendations
How to invest in mutual fund for minor kid? Edelweiss MF CEO Radhika Gupta shares five tips for parents
Radhika Gupta, the CEO of Edelweiss Mutual Fund, recently shared tips for parents to start investing for their minor kids. Radhika shared five key tips for parents to guide them about investing for their kids, sparking conversations among readers, prompting inquiries and discussions. Addressing doubts and misconceptions, Gupta also debunked myths surrounding minor investments. In a recent post, Gupta clarified common concerns, stating, «You can get a PAN for a minor as soon as they are born. You need a birth certificate and Aadhar first. You can open a bank account for a minor.» She further emphasized, «You can invest for a minor in their name in an AMC in regular funds (not just children’s funds).»
05.04 / 11:51
Citi
Target
FIVE
Southern
wellness
reports
Ukraine targets Russian military region in drone barrage
Ukraine fired dozens of drones at Russia's southern Rostov region, home to its army headquarters for the military offensive, in the early hours of Friday, Russian officials said. Russia's defence ministry said it downed 53 Ukrainian drones overnight — 44 over the Rostov region — while the governor said a power station was damaged in the attack. Rostov-on-Don, the capital of the region that sits just across the border from Ukraine, is the command headquarters for Russia's military campaign and home to a swathe of Russian military sites.
05.04 / 07:23
FIVE
Platform
Action
Pool
Justice
reports
Courts
SC directs collective hearing for online gaming GST cases
NEW DELHI : The Supreme Court has consolidated multiple pleas challenging the 28% GST on online gaming companies, ordering the transfer of 27 writ petitions to be heard together. During a hearing led by a three-judge bench headed by Chief Justice D.Y. Chandrachud on Friday, the Supreme Court ordered the transfer of 27 writ petitions pending in 11 high courts across the country.
05.04 / 06:41
markets
FIVE
economy
Election
Experts
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rights
IRFC, Bajaj Finance to HDFC Bank — experts recommend these 5 shares to buy after RBI monetary policy meeting
Stocks to buy today after RBI monetary policy: The Reserve Bank of India (RBI) left the repo rate unchanged at 6.50 percent for the seventh straight Monetary Policy Committee (MPC) meeting. However, stock market experts look at this RBI move as an opportunity for long-term investors who want to buy banking and financial stocks.
05.04 / 05:53
Provident
FIVE
Waters
Department
recommendations
prevention
Heatwave alert: 'Stay indoors and hydrated, keep pets in shade', Karnataka issues advisory. Check all details here
heatwave alert in several Karnataka districts till 6 April. As per the weather bulletin, warm night conditions will prevail over Karnataka today and tomorrow. IMD has stated that Heatwave conditions are likely to prevail over Bagalkote, Kalaburgi, Koppal, Ballari and Gadag districts of Interior Karnataka until 6 April.
05.04 / 05:45
FIVE
Ball
cricket
IPL 2024: Top batting records after GT vs PBKS match; highest scores, fastest 50s and more
IPL 2024: Gujarat Titans (GT) and Punjab Kings (PBKS) clashed on April 4 in their fourth individual match of the tournament. Punjab sealed a last-over victory as their “accidental purchase", Shashank Singh, became the Player of the Match. Let’s take a look at some of the top batting records so far in the tournament after the GT vs PBKS match.
05.04 / 05:31
FIVE
Platform
performer
Schools
Winzo Games records Rs 120 crore operating profit in FY23
Winzo Games posted an operating profit of Rs 120 crore in FY23, according to financials submitted to the Ministry of Corporate Affairs. Winzo Games also saw its revenue grow 182% from Rs 242 crore in FY22 to Rs 687 crore in FY23.
05.04 / 03:07
Target
FIVE
Research
trends
Trade
Updates
rowing
RBI MPC meet outcome today: From repo rate to inflation forecast, 5 key things to watch out for
Read RBI Monetary Policy 2024 LIVE Updates here “While the upcoming policy may not see material changes in macro assessment by RBI, issues like case & timing of policy pivot/stance change, factors influencing liquidity management ahead and, of course, assessing which part of the yield curve has the maximum juice, etc would be key for markets," said Madhavi Arora, Lead Economist at Emkay Global Financial Services. Here are five key things to watch out for in RBI policy today: Analysts and economists on D-Street widely expect the RBI to keep its key repo rate unchanged at 6.50% in the April policy meeting for the seventh time in a row. The repo rate is the interest rate at which the central bank lends short-term funds to commercial banks.
05.04 / 03:07
FIVE
Election
President
Justice
prevention
Features
Lok Sabha Elections 2024: Here's what to expect in Congress manifesto to be released today
Lok Sabha Elections 2024 on April 5. The manifesto will be released by the party president Mallikarjun Kharge and former president Rahul Gandhi at AICC Headquarters in New Delhi.
05.04 / 02:19
FIVE
Ball
Updates
Orange cap IPL 2024: Shubman Gill, Sai Sudharsan make an entry in Top 5. Check updated list after GT vs PBKS clash
Shubman Gill has made an entry in the top 10 list and is placed at number 4. Gill batted through the home team's innings to score an unbeaten 89 off 48 balls, the highest individual score this season. His total score so far stands at 164 runs with a strike rate of 159 and an average of 54.
05.04 / 02:19
UPS
FIVE
Ball
Department
rights
bowling
Who won yesterday IPL Match? Best moments of Gujarat Titans (GT) vs Punjab Kings (PBKS) match
Who won yesterday IPL Match? Gujarat Titans (GT) clashed with Punjab Kings (PBKS) at home on April 5. It was the fourth match match for both teams. Punjab won the toss and decided to bowl first.
04.04 / 21:41
FIVE
Fox
Analysis
Research
Universities
2020
reports
Atlantic hurricane season 2024 predictions, forecast: Over 10 hurricanes expected
La Niña phenomenon, according to initial forecast by hurricane researchers at Colorado State University (CSU), as per a Fox Weather report. The Colorado State University hurricane research team has issued a bold forecast for the upcoming Atlantic hurricane season, projecting the development of 23 named storms. Among these, they anticipate that 11 will strengthen into hurricanes, with five potentially reaching major hurricane status, characterized by winds exceeding 115 mph. With their extensive expertise and cutting-edge analysis, the CSU researchers provide valuable insights into the potential intensity and impact of tropical cyclones in the Atlantic basin, Fox Weather reported.
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