FIVE Financial News
01.03 / 07:01
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Southern
Justice
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Courts
rights
SC to hear Gyanvapi mosque committee's plea against Allahabad HC order
Gyanvapi mosque committee's plea against the Allahabad HC order which held that the suit for restoration of the temple is maintainable. "We will tag this with the main case," a bench comprising Chief Justice D Y Chandrachud and justices J B Pardiwala and Manoj Misra said. The plea in the top court was filed by the Anjuman Intezamia Masjid, the committee that manages the affairs of the Gyanvapi mosque.
01.03 / 07:01
markets
UPS
FIVE
recommendations
Updates
What do top holdings of retail investors in Indian stock market say? Nikhil Kamath of Zerodha answers
₹30 lakh crore, which accounts for 7.7% of the total value of all listed companies in India. The billionaire Mukesh Ambani-led oil-to-telecom conglomerate Reliance Industries topped the chart of biggest holdings of retail investors. They held ₹1.58 lakh crore worth Reliance shares.
01.03 / 05:21
COST
UPS
FIVE
Reuters
Manufacturing
economy
India's factory growth at five-month high in February, cost pressures cool
India's manufacturing industry enjoyed robust growth in February with activity expanding at its fastest pace in five months, led by accelerated global demand and lower inflationary pressures, a private survey showed. The HSBC final India Manufacturing Purchasing Managers' Index, compiled by S&P Global, rose to 56.9 in February from January's 56.5, beating a preliminary estimate of 56.7. India's manufacturing PMI has been above the 50-mark that separates growth from contraction for 32 months.
29.02 / 22:43
FIVE
WhatsApp
stars
Los Angeles Lakers vs Washington Wizards: Start time, how to watch?
Los Angeles Lakers will play Kyle Kuzma's Washington Wizards on Thursday. The NBA game will be played at Crypto.com Arena in Los Angeles. Lakers vs Wizards game will tip off at 10.30 pm (ET) on February 29. The live streaming will be available on fubo TV in the US.
29.02 / 22:43
UPS
Target
FIVE
Gap
show
rowing
Fiscal gap till January shrinks
fiscal deficit in the first 10 months of the 2023-24 financial year (FY24) — at 63.6% of the revised annual target — compared with 67.8% a year ago, putting a lid on revenue spending amid improved revenue mop up, official data released on Thursday showed. This further bolsters the official assertion that the Centre would meet its revised FY24 fiscal deficit goal of 5.8% of gross domestic product (GDP), a tad better than the budgeted 5.9%, despite a moderation in nominal GDP growth from the initial target. In absolute terms, the fiscal gap until January for FY24 dropped 7.3% from a year ago period to ₹11.03 lakh crore, on the back of a sharp decline in five of the past six months. The deficit in December alone fell over 39% on-year to ₹ 1.20 lakh crore.
29.02 / 21:19
UPS
Target
FIVE
wellness
cover
reports
State-level rumbles in the Indian federation: Can the 16th FC help?
₹9.5 trillion as their tax share, which was 31.1% of the reported gross tax revenue of the Centre, well below the adjusted target of 40.8 %. The reason for that shortfall is that Central cesses and surcharges (education, health, familiar to all taxpayers), superimposed on the basic tax structure are excluded from the shareable revenue base because they are supposedly temporary add-ons. States accuse the Centre of using them as a stratagem to reduce the statutory payment to states.
29.02 / 20:21
UPS
FIVE
Adventure
CBS
Features
Haunting ‘knocking’ sound from Titan sub heard for 1st time in new documentary
Titan submersible disappeared in June 2023, rescuers held out hope of finding survivors after they heard strange, rhythmic knocking noises believed to be coming from the OceanGate vessel.Though there were no survivors, the eerie knocking sounds are now being featured in an upcoming documentary about the submersible’s implosion, called Minute by Minute: The Titan Sub Disaster.Before now, the audio had never been released to the public. The sound clip was given to the ITN Productions’ documentary crew in the U.K.
29.02 / 19:19
FIVE
Fox
CEO
Strategy
Citigroup
reports
Department
Citigroup to cut nearly 300 jobs amid layoff spree
Check out what's clicking on FoxBusiness.com
29.02 / 17:26
UPS
Target
FIVE
Manufacturing
President
country
electronic
Auto industry to invest $7 bn in 5 years to deepen parts localisation
Indian auto industry is set to invest up to $7 billion, or about Rs 58,000 crore, by FY28 to deepen localisation of advanced components from electric motors to automatic transmissions to reduce imports and capitalise on multinationals’ ‘China Plus One’ sourcing strategy. Automakers and their suppliers are likely to make this investment between FY24 and FY28, industry body Automotive Component Manufacturers Association (ACMA) said. These firms have already undertaken more than 500 localisation projects across 11 key component categories including drive transmissions and steering, engines, electricals and body chassis at an investment of over Rs 3,000 crore to reduce net imports by 5.8% (double the target of about 3%), or by Rs 7,018 crore, in the two years to FY22, as per the latest assessment on localisation programmes jointly conducted by ACMA and Society of Indian Automobile Manufacturers (SIAM).
29.02 / 13:56
29.02 / 13:11
UPS
FIVE
Death
Research
Universities
country
prevention
New study links improved air quality to decreased suicide rates
suicide rates, according to a study conducted in China. Researchers at the University of California, Santa Barbara, estimate that China's efforts to reduce air pollution have prevented 46,000 suicide deaths in the country over just five years. The team used weather conditions to tease apart confounding factors affecting pollution and suicide rates, arriving at what they consider to be a truly causal connection. The results, published in the journal Nature Sustainability, unearth air quality as a key factor influencing mental health.
29.02 / 12:51
UPS
FIVE
Gap
Marvell
Simulation
2020
evacuation
Indian Navy to bolster anti-submarine warfare capabilities with MH 60R helicopter induction
Indian Navy next week when it inducts the aerial marvel, the MH 60R helicopter into its fleet, bolstering the Anti-Submarine Warfare (ASW) capabilities. Defence Minister Rajnath Singh will commission the newly inducted MH 60R Seahawk multi-role helicopter at the INS Garuda here on March 6, Navy officials said. The squadron will be commissioned in the Indian Navy as INAS 334, under the Command of Captain M Abhisheik Ram. The Indian government signed a deal with the United States of America in February 2020, to acquire 24 fourth-generation MH 60R helicopters. Six of them have been delivered to the Indian Navy so far.
29.02 / 12:51
FIVE
Entertainment
Netflix
Actor
show
stars
Headlines
Farhan Akhtar and Shibani Dandekar set to headline Netflix's 'Dabba Cartel'
Farhan Akhtar and his wife, actor Shibani Dandekar are joining hands for "Dabba Cartel", a new Netflix series. Directed by Hitesh Bhatia, the upcoming show revolves around five ordinary women in Maharashtra's Thane who start a drug cartel through the 'dabba' (tiffin) delivery service. It will star Shabana Azmi, Jyotika, Farhan Akhtar, Nimisha Sajayan, Anjali Anand, Gajraj Rao, Sai Tamhankar, Lillete Dubey and Jisshu Sengupta. The first look of «Dabba Cartel», created by Dandekar, was revealed on Thursday at the Next on Netflix event here. Akhtar has backed the show via his production banner Excel Media & Entertainment. «We like narrating stories, and it's been a great association (with Netflix) and there are many more shows (to look forward to). This is an exciting show. It is a special show as Shibani is the creator of the show and this gives a special place to the show in my heart,» Akhtar said at the event.
29.02 / 12:47
Target
FIVE
Research
students
2020
Schools
rights
NOT
Centre raises concern about 5 states not signing PM SHRI School MoU
Centre has expressed strong concerns about five states not signing MoUs with the education ministry for PM SHRI schools and Punjab not implementing it despite continuing to take funds under the Samagra Shiksha scheme, sources said on Thursday. Odisha, West Bengal, Tamil Nadu, Kerala and Delhi have not yet signed the Memorandum of Understanding (MoU) with the Union Ministry of Education, while 30 states and union territories (UTs) have done so. The scheme targets to upgrade 14,500 schools and is expected to benefit 1.8 million students. It also aims to ensure these schools serve as model institutes and encapsulate the spirit of National Education Policy (NEP) 2020. The government has already selected 6,448 schools from 28 states and UTs for the upgrade in the first round.
29.02 / 11:37
markets
UPS
FIVE
Compilation
CIBC
reports
CIBC profit beats expectations
TORONTO — CIBC reported a first-quarter profit of $1.73 billion as its revenue rose five per cent compared with a year earlier.
29.02 / 10:47
Blockchain
FIVE
Art
Digital
NFT
NFTS
Features
Musée d’Orsay Breaks New Ground with On-Chain Exhibition and NFT Auction
The Musée d’Orsay, a renowned museum in Paris, is venturing into the world of blockchain and digital art with its first-ever commission of an on-chain NFT exhibition.
29.02 / 10:25
Citi
Provident
FIVE
WhatsApp
reports
Courts
Abdul Karim Tunda acquitted in 1993 serial blasts case
Ajmer Thursday acquitted Abdul Karim Tunda in the 1993 serial blasts case, observing the prosecution could not provide enough evidence to prove the charges. Two other accused — Irfan and Hamiduddin — have been sentenced to life imprisonment by the Terrorist and Disruptive Activities (Prevention) Act (TADA) court. The 81-year-old Tunda, a close aide of wanted terrorist Dawood Ibrahim, was accused of carrying out blasts in five trains in different cities in December 1993 to mark the first anniversary of the Babri Masjid demolition. Two people were killed and several injured in the blasts.
29.02 / 08:45
FIVE
Experts
reports
prevention
Courts
All about Abdul Karim Tunda: The main accused of 1993 bomb blasts who got released by court today
TADA (Terrorist & Anti-disruptive Activities Act) court in Ajmer today acquitted 1993 serial bomb blasts' main accused Abdul Karim Tunda, more than 30 years after the bomb blasts carried out in five trains across India to coincide with the first anniversary of Babri Masjid demolition in Ayodhya on Dec 6, 1992. «The honourable court has acquitted Abdul Karim Tunda from all the charges. The CBI failed to present any strong evidence against Abdul Karim Tunda,» says Tunda's advocate Shafiktullah Sultani. The TADA court had framed charges against main accused Abdul Karim Tunda and two others — Irfan alias Pappu and Hamiruddin — on Sept 30, 2021, for orchestrating the blasts in Lucknow, Kanpur, Hyderabad, Surat and Mumbai on the intervening night of Dec 5-6, 1993.
29.02 / 08:27
UPS
Provident
FIVE
Fox
Sustainability
Food
Wildlife
Norway gives Arctic foxes a helping hand amid climate woes
By Gloria Dickie and Lisi Niesner
29.02 / 07:43
29.02 / 07:15
markets
COST
Target
FIVE
security
wellness
Neogen
Stocks to buy: HUL, Godrej Consumer, Emami among five FMCG stock picks by Anand Rathi
Godrej Consumer Products among large-caps and Zydus Wellness and Emami among midcap FMCG stocks. United Breweries is its sole preferred pick in consumer discretionary and has upgraded the stock to a ‘Buy’. Here are the top FMCG stocks to buy: With a subdued FY24 (favourable base) and early signs of demand revival in rural markets and in the non-food category, Hindustan Unilever should benefit in FY25.
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