FIVE Financial News

₹145.60 apiece on the BSE. Similarly, shares of Hindustan Petroleum Corporation Limited (HPCL) surged significantly and were locked at five per cent upper circuit to hit a 52-week high mark of ₹461.80 apiece on the BSE. Also Read: ‘Oil markets well supplied’, says IEA as it raises 2024 global demand forecast; projects lower than OPEC Additionally, shares of Bharat Petroleum Corporation Limited (BPCL) rose around three per cent to hit an intraday high of ₹480.75 against a 52-week high of ₹482.05 apiece on the BSE.

Israel, where the offensive in Gaza, now in its fourth month, has caused a shortage of labour. Masons, painters, electricians, plumbers and some farmers said they were looking for jobs in Israel with some willing to risk going into a conflict zone because they could make five times more money in a year than they would at home. «There is unemployment here and it's because of it that people want to leave,» said Lekharam, a mason who was among the workers gathered at a recruitment camp in Rohtak, 66 km (40 miles) from the capital, New Delhi. «If it's in our destiny to die, then we can die either here or there. My hope is that we will go and do good work and spend some time and come back.» India, now the world's most populous nation with a population of 1.4 billion, has an urban unemployment rate of 6.6%, government data shows, but more than 17% of workers younger than 29 are unemployed and others work as casual labour. Unemployment and underemployment are a key concern for authorities, despite world-beating economic growth of 7.3%.

₹20 lakh. The curtains go down at 5pm everyday on their own and the lights turn on. The home theatre has a preset ‘movie mode’.

Amazon and Costco have been pushed to second and third place respectively as the most preferred grocery stores of Americans. In a survey conducted by the Retailer Preference Index (RPI), H-E-B has emerged as the top choice for shoppers in the US. They have won this coveted position the third time, beating big names like online giant Amazon and smaller stores like Trader Joe's. With 380 stores in Texas and Mexico, H-E-B made $38.9 billion and were named one of «America's Largest Private Companies» by Forbes in 2022. They were also named Retailer of the Year in 2010 and are one of the «Top 75 North American Food Retailers.»

WASHINGTON (Reuters) — U.S. single-family homebuilding dropped sharply in December after a string of strong gains, but new construction remains underpinned by a shortage of previously owned houses for sale.

There were 52 mergers and acquisitions in the RIA industry in the fourth quarter of 2023 and it’s looking likely that activity will remain strong for some time.

IndiGo and 250 from Air India, adding that the aircraft manufacturing giant has delivered 75 units to Indian carriers — 41 to Indigo, 19 to Air India, 14 to Vistara and one to Go First. “India is a force that will power global aviation over the next decades...the forecast is that India will require 2,840 new aircraft over the next 20 years to serve the needs of its growing aviation market," PTI quoted Maillard as saying.

A man who is accused of attacking three women during two separate incidents in Halifax had been released from custody on unrelated charges just days before.Gamon Jay Leacock, 49, is facing numerous charges, including aggravated sexual assault, unlawful confinement, robbery, and breaking and entering, after two women were sexually assaulted at a home Monday.According to Halifax Regional Police, a man entered a home on Clifton Street in Halifax and confronted two women with a brick and a broken bottle before confining them in a bedroom and sexually assaulting them. They managed to escape, and the man was arrested shortly after.Just before the home invasion, police also investigated a carjacking incident that they allege involved the same suspect.

₹800 crore investment to develop three greenfield resorts over the next five to six years. It said the investments will come from the internal accruals and will be infused over the next five to six years as the company identifies and finalizes the locations. This, the company said in a statement, will be its second-largest investment yet.

For thousands of small businesses, it’s time to pay up. Thursday marks the federal government’s deadline for firms to repay pandemic-era debt to get relief on their Canada Emergency Business Account (CEBA) loans.

Fixed Deposits (FDs) remain a preferred choice for investors seeking stable returns in India. However, one crucial aspect often overlooked is the tenure selection, which can significantly impact the returns and liquidity of the investment. Choosing the right FD tenure demands thoughtful consideration aligned with individual financial goals and circumstances.

The Australian Government is actively considering the introduction of mandatory regulations for high-risk AI development. This move follows growing public concerns over the safety and ethical implications of rapidly advancing AI technologies, and publishers' demands for fair compensation for premium content used in AI training.

NEW DELHI : The National Company Law Tribunal deferred hearing a case involving low-cost carrier SpiceJet and aircraft lessor Celestial Aviation Services Ltd on Thursday after the two sides informed the court that they were in advanced stages of reaching a settlement. In the previous hearing, SpiceJet had informed the tribunal about making initial payments to the lessor. NCLT is now likely to hear the case in the last week of February.

ChatGPT, saying generative AI had helped unlock her potential. Since the 2022 launch of ChatGPT, an easy-to-use AI chatbot that can deliver an essay upon request within seconds, there have been growing worries about the impact on a range of sectors — books included.

Prime Minister Narendra Modi on Thursday unveiled Commemorative Postage Stamps on Shri Ram Janmbhoomi Mandir and a book of stamps related to Lord Ram worldwide. The stamps feature various components, including the Ram Mandir, Choupai 'Mangal Bhavan Amangal Hari', the Sun, Sarayu River, and sculptures in and around the Temple. The collection comprises six stamps depicting Ram Temple, Lord Ganesh, Lord Hanuman, Jatayu, Kevatraj, and Ma Shabri.

Pension fund body PFRDA (Pension Fund Regulatory and Development Authority) has released a new circular stipulating the provisions of withdrawal of pension under the National Pension System (NPS). These provisions will come into effect from Feb 1, 2024.

Investing.com-- Most Asian stocks kept to a tight range on Thursday as strong U.S. data further dented bets on early interest rate cuts by the Federal Reserve, while a rout in Chinese shares worsened in the wake of disappointing GDP readings.

earnings on Thursday along with 41 other companies. After HDFC Bank's results on Tuesday which left the Street unimpressed, investors will be keeping a close watch on the earnings of this fifth largest private bank. Among other important results that are likely to be tracked closely today include those of Indiamart InterMesh, Mastek, Metro Brands, Polycab, Home First Finance Company, Poonawalla Fincorp, South Indian Bank, Shoppers Stop and Tata Communications. On Wednesday, Asian Paints reported a 35% year-on-year (YoY) rise in consolidated net profit for the quarter ended December to Rs 1,448 crore. This was higher than the ETNow poll of Rs 1,353 crore. Consolidated revenue from operations grew by 5.4% YoY to Rs 9,103 crore but trailed estimates of Rs 9,356 crore. LTIMindtree was another Nifty company which reported a consolidated PAT of Rs 1,168.9 crore versus ET NOW poll of Rs 1,175 crore. The IT services company's net profit rose 17% YoY. The same stood at Rs 1,000 crore a year ago. Read More: IndusInd Bank Q3 result preview: Profit, NII to grow in double digits; asset quality stable

IMD) has predicted that dense to very dense fog and Cold day to severe cold day conditions likely to continue to prevail over North India during next 4 days. Severe cold wave conditions likely to continue over plains of Northwest India during next 4 days.

China and expectations the global rate easing cycle may not come as early as some had initially thought. U.S.

Srinivas Satya, who was the former country president of the semiconductor products group at Applied Materials has joined Tata Electronics as the chief supply chain officer and president of the components business at the company, sources in the know told ET. «Srinivas has already begun his work at Tata Electronics from January 13,» one course cited above told ET. «What led to the switch from Applied Materials to Tata Electronics was his belief in the company's ability to build an entire industry as semiconductors need that kind of approach and the Tata group is uniquely positioned to make that happen.»