FIVE Financial News

21.01 / 06:13
MET FIVE performer reports testing travelers NASA restores communication with mini-helicopter on Mars
National Aeronautics and Space Administration (NASA) said on Saturday that it has successfully re-established communication with its small helicopter on Mars. The US space agency's statement comes after an unexpected interruption raised concerns that the diligent craft might have met its end.
21.01 / 01:59
markets UPS FIVE Research wellness electronic reports From gold jewellery to smartphones: Consumer appetite for premium products drives sales resurgence
gold jewellery to smartphones to televisions to improve sales in the December quarter after struggling in most of 2023, latest earnings report of companies and market researchers' data show. In electronics, smartphone sales bounced back after five quarters of decline, driven by high sales of premium models such as Apple iPhones and Samsung Galaxy S23 series, and demand for large screens during the cricket world cup helped TV sales volume grow by 8-9% on year — up from 2% growth during January to September — last quarter, industry executives said. While overall gold demand has been muted due to record high prices that rose 15% in 2023 as per the World Gold Council, two of the largest retailers in this segment — Reliance Retail and Titan Company's Tanishq — said demand was robust in the October-December quarter. Titan in an investor note said the growth in gold last quarter exceeded the studded sales growth despite elevated prices and volatility. The company's jewellery division reported sales growth of 21%. Reliance Retail's chief financial officer Dinesh Taluja told analysts on Friday that the jewellery store format had a «very good» last quarter, driven by the festive and wedding buying season with its highest ever sales last Dhanteras. The country's largest retailer also grew electronic sales by 19% year-on-year last quarter.
20.01 / 19:03
UPS FIVE Man Parke show Courts open Australian Iga Swiatek shunted out of Australian Open, Alcaraz breaks new ground
Iga Swiatek crashed out of the Australian Open at the hands of Czech teenager Linda Noskova in the third round on Saturday to further deplete an already weakened women's draw heading into the second week at Melbourne Park. While only three of the top 10 women's seeds remain, the main contenders for the men's title have all breezed into the fourth round with Carlos Alcaraz, Daniil Medvedev and Alexander Zverev joining the charge on day seven. Swiatek's bid for a maiden title at Melbourne Park was brought to an abrupt halt when 19-year-old Noskova became the first teenager to down the top seed since Amelie Mauresmo beat Lindsay Davenport in 1999. Noskova held her nerve after Swiatek had won the opening set, and on the big points in the third set, and only let emotions get the better of her after serving out for a 3-6 6-3 6-4 victory. «I think it was an unbelievable match for me,» the world number 50 said.
20.01 / 17:45
Dash FIVE wellness War Celebrity testing Videos Virat Kohli 'has got a big ego..': England's pacer Ollie Robinson comments ahead of Test series
ALSO READ: IND vs AFG T20 series: Virat Kohli dashes into trophy celebrations with 'Michael Jackson slide'. Watch "It is why I am really looking forward to this tour. Last time we did not have full-capacity crowds either, so it is going to be incredible to experience," said Ollie as quoted by ESPNCricinfo. The five test matches between Indian and England will be played in Hyderabad, Visakhapatnam, Ranchi, Rajkot and Dharamshala.
20.01 / 17:45
Target FIVE War reports rights Iran blames Israel for Syria strike, vows revenge after 5 Guards die
intensifying strikes targeting senior Iranian and allied figures in Syria and Lebanon -- both backers of the Palestinian militant group Hamas -- raising fears that the Gaza conflict could expand further throughout the region. The Islamic Revolutionary Guard Corps (IRGC) confirmed it lost five members in the strike that it blamed on Israel, its regional arch-foe, updating an earlier toll from four. Hamas condemned what it called a "heinous crime".
20.01 / 17:45
COST FIVE Maxim CEO Department Went overboard in hiring…..veered away from our core principles: Wayfair's Indian-origin CEO Niraj Shah on job cuts
Niraj Shah said Wayfair's aim is to maximize the company's free cash flow and potentially reduce its total share count. "We went overboard in hiring during a strong economic period and veered away from our core principles," Shah said in a note to employees. Boston-based Wayfair announced rounds of layoffs in 2022 and 2023.
20.01 / 16:29
FIVE Election Southern President DAL reports Lok Sabha Election 2024: What's happening at BJP, NDA seat-sharing talks?
Lok Sabha. The Indian Express cited sources as saying that the BJP offered the JD(S) three seats during the first round of talks held at the residence of Union Home Minister Amit Shah. ALSO READ: Mamata Banerjee refuses to discuss Bengal seat sharing with Congress ahead of Lok Sabha polls According to the report, the BJP offered the HD Kumarawamy's party Hassan and Mandya seats.
20.01 / 11:35
FIVE Myanmar Pride country Will protect Myanmar border like that of Bangladesh: Amit Shah
Amit Shah on Saturday said the government will stop the free movement of people at the Myanmar border and will protect it like that of Bangladesh. Addressing the passing out parade of the first batch of the five newly-constituted Assam Police Commando battalions, he said the Centre is rethinking the free-movement facility with Myanmar.
20.01 / 11:11
Target FIVE security Netflix Discover stage consequences Netflix's ‘The Trust’ nears its Finale: Episode 8 release date and remaining drama unveiled
Netflix's riveting reality series, "The Trust," approaches its grand finale, fans are on the edge of their seats, anticipating the ultimate winner of the vault's prize money. With alliances shattered and hidden schemes in play, the remaining five contestants vie for supremacy as the stakes reach their peak.
20.01 / 09:55
Citi FIVE Waters ICE Death President country Weekend Brutally cold weather expected to hit storm-battered South and Northeast US this weekend
Memphis residents were urged to boil water and New Yorkers have been warned that roads could be covered with dangerous black ice this weekend as brutal cold and inclement weather continue to sweep across parts of the U.S.Bitterly frigid air spilled into the Midwest from Canada on Friday and several states were under advisories as forecasters warned that wind chills dipping to minus 30 degrees Fahrenheit (minus 34 degrees Celsius) could be common through Sunday morning.
20.01 / 07:20
FIVE Strategy performer Department recommendations Profiles Penny From ₹12 to ₹148: This penny stock surged 1,096% in just 1 year
Ceenik Exports have given phenomenal returns to their investors in the last 1 year. The stock has delivered a whopping 1,096 percent return to its new high of ₹147.70 currently from ₹12.35 in January 2023. This implies that an investment of ₹10,000 in this penny stock in January 2023 would have turned into ₹1.19 lakh now.
20.01 / 03:25
markets FIVE Progressive Fighting President track Commentary Fed won't start rate cuts until May, traders now bet
Federal Reserve won't start easing policy until May, traders bet on Friday, capping a week during which stronger-than-expected economic data and commentary from central bankers chipped away at financial market confidence in the idea of an earlier start to interest-rate cuts. On Friday, a widely watched measure of consumer sentiment rose to its highest level in 2-1/2 years, and Chicago Fed President Austan Goolsbee said the U.S. central bank won't commit itself to rate cuts until it is surer that inflation is on track to a healthy 2%. Futures contracts that settle to the Fed's policy rate fell, and now reflect about a 47% chance of a Fed rate cut by March, down from 55% earlier in the day. Just a week ago the probability of an interest-rate cut in March from the current range of 5.25%-5.5% was seen at nearly 80%, reflecting faster-than-expected declines in inflation.
20.01 / 02:53
UPS Target FIVE economy Election performer strain Budget 2024 Expectations: From capex target to fiscal deficit, CareEdge predicts these changes for India's economy
Also Read: Budget 2024: Focus on rural schemes, infra investment likely, says veteran fund manager Mihir Vora Sitharaman's declaration that it will be a vote of account suggests that no significant policy announcements are likely expected in this interim budget. With the announcement of the election dates around mid-March, the model code of conduct (MCC) is expected to come into effect barring the government from announcing any policy decisions.
20.01 / 02:33
COST UPS FIVE security Sustainability Bill Banks may alert RBI as rising funding costs sting amid ​sustained liquidity drainage
Banks are likely to make representations to the Reserve Bank of India (RBI) on sustained liquidity drainage that has pushed up funding costs for lenders despite unchanged policy rates for nearly a year. Liquidity has steadily declined with the central bank repeatedly stressing the primacy of maintaining price stability as Indian voters get ready to elect their next government this summer. «Banks and other participants in bond and interest rate markets will send a representation on the issues on Liquidity Coverage Ratio (LCR) buffers and high cost of funds to the RBI,» a source told ET. «This will be done next week, ahead of the policy statement on February 8,» the source said. LCR refers to a post-global financial crisis norm that requires banks to maintain high quality liquid assets (HQLA) to meet 30 days of net fund outflows under conditions of stress.
19.01 / 23:29
Citi Provident FIVE Career Strategy wellness reports UBS lands $2B team from Merrill Lynch
A team of five advisors who managed almost $2 billion in client assets at Merrill Lynch has joined UBS Wealth Management USA, the firm announced last Friday.
19.01 / 21:25
FIVE Mobile 2020 rights Tata retains IPL title sponsor rights for 5 years for ₹2,500 crore
₹2,500 crore, or ₹500 crore per year, two persons close to the development told Mint. For the same rights, the company had earlier paid ₹350 crore per year. The Board of Control for Cricket in India (BCCI), which is the organiser for the event, had invited bids in December to seek title sponsors for the event.
19.01 / 18:47
UPS FIVE Align country social reports Germany eases citizenship laws; to now allow foreingners in the country to get German passport in 3 years
Germany has approved Citizenship Law Reforms that are aimed at integration and skilled worker attraction. In a decisive move, German lawmakers voted 382-234 on Friday to approve legislation that relaxes the rules on obtaining citizenship and eliminates restrictions on dual citizenship. The proposal, advocated by center-left Chancellor Olaf Scholz's socially liberal coalition, aims to enhance immigrant integration and facilitate the recruitment of skilled workers. Are you immigration ready? Find out Under the new legislation, individuals can qualify for citizenship after residing in Germany for five years, or three years in the case of «special integration accomplishments,» compared to the current requirements of eight or six years. German-born children will automatically acquire citizenship if one parent has been a legal resident for five years, a reduction from the previous eight years. Moreover, the legislation eliminates restrictions on holding dual citizenship, a significant departure from the existing requirement for most individuals from non-European Union countries to renounce their previous nationality upon gaining German citizenship. The government emphasizes that approximately 14% of the population, more than 12 million out of 84.4 million inhabitants, does not possess German citizenship. Of this population, around 5.3 million have lived in Germany for at least a decade. Germany's naturalization rate is reported to be below the European Union average.
19.01 / 18:47
FIVE show CESC Q3 Results: Net profit falls 10% to Rs 301 cr; Rs 4.5/share dividend declared
CESC Ltd's consolidated net profit dipped over 10 per cent to Rs 301 crore in the December quarter, mainly due to higher expenses. Its consolidated net profit was Rs 336 crore in the quarter ended December 2022, a BSE filing showed.
19.01 / 17:51
markets FIVE Digital SEC Bitcoin Bitcoin Etf country Bitcoin Already Tops Silver In U.S. ETF Market After SEC Approvals
The moment U.S. Bitcoin (BTC) spot ETFs went live last Thursday, they quietly achieved a major feat.
19.01 / 15:25
UPS FIVE Gap pandemic 2020 reports inequality World may have its first trillionaire in next decade if inequality worsens. Here's a list of probables
The Time Magazine, ending poverty – the target for which is 2030 under the UN Sustainable Development Goals – may not be possible for another 229 years. The report mentioned that the world got its first billionaire John D Rockefeller in 1916, when he achieved the status largely through his ownership of Standard Oil. ALSO READ: Davos 2024: Oxfam asks governments to control corporate power, break up monopolies as WEF heads for annual summit Following this, the concern over systemic exploitation lurking behind the widening wealth gap due to the rise of ultra-rich people began.

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