FIVE Financial News

24.01 / 23:23

markets UPS FIVE CEO beautiful hospital Luxury behemoth LVMH may be worth more if it’s carved up

When Bernard Arnault presents LVMH’s annual earnings on Thursday, investors and analysts will be hanging on to his every word as they try to decipher the direction of top-end demand. Yet, LVMH is being penalized by shareholders for its disparate collection of businesses. Breaking up the behemoth could release significant value for investors.

24.01 / 23:05

markets COST FIVE economy stage Headlines Goodbye 'hawkish bias': Here's when economists think the Bank of Canada will cut rates

The Bank of Canada held its benchmark interest rate at five per cent for the fourth consecutive time on Jan. 24. Here’s what economists, who widely expected the bank to hold, had to say about the announcement and when Canadians can expect a rate cut from the central bank.

24.01 / 23:05

markets COST Target FIVE economy Sustainability Bank of Canada holds interest rate at 5%, but signals shift in direction

The Bank of Canada held its key overnight interest rate at five per cent for the fourth consecutive time, as inflation remains higher than desired and economic growth has not slowed enough to warrant a cut.

24.01 / 20:15

UPS FIVE Ball Landmark wellness testing Spinball vs Bazball: India’s home dominance faces England test as five-Test series begins on Thursday

This is going to be a long tour — five Test matches hopping from here to Visakhapatnam, Rajkot, Ranchi and finally Dharamsala — but all the signs point to short Test matches. Unless one of the curators gets it badly wrong, this is a series that is going to be played on result-oriented turners. England made no bones about this, announcing their playing eleven a day in advance, including only one fast bowler, Mark Wood, who is also known for his ability to reverse the ball, alongside three spin options.

24.01 / 18:15

FIVE Entertainment Netflix President show audience Features Netflix to air WWE documentary? What we know so far

Netflix will stream WWE Monday Night Raw from January, 2025. With this mega development, WWE fans and Netflix subscribers are expecting that there may be a WWE documentary which will stream on Netflix sooner rather than later. Netflix Original library does not have any show on WWE or WWE documentary. However, the multi-billion deal can change the scenario. In an interaction with Bloomberg, WWE President Nick Khan said that global audience base of WWE will only grow «with a show like that».

24.01 / 15:47

markets UPS Citi FIVE students reports Goldman Sachs employees are in the office way more than Bank of America's

You can take Grade A students, the kind who never miss classes and take extra credit classes, and grind them into bankers. You can’t guarantee, however, that they’ll never break the rules.

24.01 / 14:07

FIVE security Southern beautiful reports 'Hanuman Ji Himself...': Ayodhya Ram Mandir trust says after monkey entered sanctum sanctorum

Ayodhya Ram Mandir, a monkey entered the sanctum sanctorum of the newly inaugurated temple on Tuesday evening, went near the Utsav idol, and left without creating any trouble, Shri Ram Janmabhoomi Teerth Kshetra said. Taking to the microblogging site X (formerly) in Hindi, the Shri Ram Janmabhoomi Teerth Kshetra shared the incident and said that at around 5.50 pm a monkey entered the sanctum sanctorum through the southern gate, and went near the Utsav idol. The security personnel deployed ran towards the monkey in a concern that it might drop the idol on the ground.

24.01 / 13:55

FIVE Waters Manufacturing security country Features Govt signs ₹1,070 crore deal with Mazagon Dock for 14 fast patrol vessels for Coast Guard

Ministry of Defence on Wednesday signed a contract worth ₹1,070 crore with Mazagon Dock Shipbuilders Ltd for the acquisition of 14 Fast Patrol Vessels (FPVs) to boost the capabilities of the Indian Coast Guard (ICG). The acquisition aims to boost ICG's capability and reinforces the increased focus of the government towards maritime security.

24.01 / 13:55

COST UPS FIVE security Election country reports Dalmia Bharat Q3 net profit up 22% as commodity prices ease

Dalmia Bharat Ltd on Wednesday reported a 22% year-on-year rise in its consolidated net profit for the fiscal third quarter (Q3) to ₹266 crore. This growth was attributed to easing commodity prices along with subdued fuel cost. Net profit was in line with estimates of analysts polled by Bloomberg Consolidated revenue of ₹3,600 crore was up 7.3% on year, led by an 8.1% increase in sales volumes.

24.01 / 10:41

UPS Citi FIVE reports testing Schools Cracks emerge in Oberoi Realty's pre-sales momentum

₹19,000/sq.ft. (carpet area), Oberoi Realty has sold only 9% of the launched units," said Antique Stock Broking in a report. The brokerage had expected Oberoi to sell around 25% of the launched inventory in Q3FY24.

24.01 / 10:41

FIVE Digital Citizens Sustainability Remark Nestle Healthcare Karnataka signs 8 MoUs worth ₹23,000 crore at WEF meet with focus on AI, sustainability, and rural growth

₹23,000 crore of investment into the state at the recently concluded World Economic Forum meet in Davos, Switzerland. Also Read: Karnataka news: Section 144 imposed after quarrel during Lord Ram idol procession in Kalaburagi The state delegation engaged in as many as 50 meetings with industry leaders and signed eight MoUs with different global firms worth ₹23,000 crore "Karnataka successfully signed eight MoUs worth ₹23,000 crore with global companies.

24.01 / 09:04

FIVE security Southern Divinity beautiful 'Lord Hanuman visits Ram Lalla': Monkey enters Ram Mandir days after inauguration

Ram Lalla witnessed a unique occurrence on Tuesday. A monkey made an unannounced visit to the sanctum sanctorum, leaving security personnel astonished and devotees in awe. Divine intrusion At precisely 5:50 pm, a nimble monkey entered the temple through the southern gate, making its way towards the revered Utsav idol of Lord Ram.

24.01 / 08:05

FIVE REC share price jumps 9% on strong December quarter earnings

REC jumped almost 9 percent in intra-day deals on Wednesday (January 24) after the firm posted strong results for the quarter ended December (Q3FY24). The company's net profit rose 13.6 percent year-on-year (YoY) to ₹3,269.3 crore for Q3FY24 versus ₹2,878 crore in the same quarter last year. Meanwhile, its net interest income (NII) for the quarter under review grew 18 percent YoY to ₹4,159 crore.

24.01 / 08:05

markets COST UPS FIVE Trade HDFC Bank, ICICI, Axis, Kotak Bank shares volatile as Q3 results reflect margin pressures; here’s why banks are falling

Also Read: Pvt banks see muted Q3, challenges ahead The deposit growth has been lagging behind the credit growth which has increased the cost of funds for banks. Thus, Nair believes the earnings growth of banks will come down due to rising costs. A sharp sell-off was triggered in bank stocks with the Bank Nifty index falling more than 2% one week and over 5% in one month.

24.01 / 05:59

markets UPS FIVE Booking trends Trade performer Nearly 60% of Nifty 50 stocks are down this month; 8 stocks dipped more than 10%

₹28,000 crore from Indian markets in the last five sessions. The catalysts for this selling spree include the surge in US bond yields, concerns over geopolitical tensions in the Red Sea, and the prevailing trend of weak corporate earnings in Q3 so far, prompting FPIs to book profits. Also Read: How does Indian market stack up against Asian peers when it comes to recent correction? Against this backdrop, the Nifty 50 has seen a 2.27% erosion in value so far this month.

24.01 / 05:59

markets Provident Target FIVE Research Experts Interviews Budget 2024: Expect muted infra allocation, focus on defence, EV, says Pramod Amthe of InCred Capital

Pramod Amthe, Head Of Institutional Equity Research at InCred Capital believes there could be a muted allocation for the infra sector in the Budget, but there could be announcements for the next five years which can provide the roadmap for the sector. He expects the government to focus on defence, new energy incentives and EVs (electric vehicles). In an interview with Mint, Amthe also shared his views on markets and his expectations from the Q3 earnings of Nifty companies.

24.01 / 05:43

markets FIVE Nikkei performer track reports Asian stocks Asian stocks dip as Japan sees profit-taking; Alibaba fuels HK tech rally

Investing.com-- Most Asian stocks retreated on Wednesday as mixed signals from the Bank of Japan spurred some profit-taking in Japanese markets, while Hong Kong stocks rebounded sharply on a tech-fueled rally led by Alibaba Group.

24.01 / 04:57

FIVE awards President Justice country social Updates Bharat Ratna award to Karpoori Thakur reflects Modi government's desperation, hypocrisy: Congress

Congress on Wednesday welcomed the decision to confer Bharat Ratna to former Bihar chief minister Karpoori Thakur and said it reflects the Narendra Modi government's desperation and hypocrisy. Thakur was a champion of social justice and conducting a nationwide caste census would be an appropriate tribute to him, Congress general secretary Jairam Ramesh said.

24.01 / 04:45

Citi FIVE Man shootings Inside reports Investigations Families sue Kentucky gun shop that sold AR-15 used in bank shooting that killed 5

The Kentucky gun shop that sold the AR-15 used to kill five people at a Louisville bank is facing a lawsuit from survivors and families of the victims

24.01 / 04:23

markets IPO FIVE Trade Experts Integra recommendations Penny Multibagger penny stock: LIC remains bullish on Integra Essentia Ltd shares during Q3FY24

Multibagger penny stock: Integra Essentia Ltd shares are one of the multibagger stocks that the Indian stock market has delivered in the last few months. In the last six months, this penny stock has risen to the tune of 150 per cent. However, it seems that the Life Insurance Corporation (LIC) of India is still bullish on this small-cap, which has a market cap of around ₹650 crore.

24.01 / 04:23

UPS Citi FIVE Election reports Lok Sabha Elections 2024: Prime Minister Narendra Modi likely to kick-start rallies from UP's Bulandshar on January 25

Lok Sabha Elections 2024: Prime Minister Narendra Modi is gearing up for the 2024 Lok Sabha elections, with the first electoral rally scheduled in Uttar Pradesh's Bulandshahr on January 25, according to sources from the Bharatiya Janata Party (BJP). The rally in Bulandshahr will mark the beginning of the election campaign for the 2024 Lok Sabha polls and comes days after the Ram Lalla Pran Pratishtha Samaroh in Ayodhya on January 22.

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