FIVE Financial News
30.12 / 01:52
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PM Modi Ayodhya Visit LIVE Updates: Preparations at Ayodhya Dham Railway Station in full swing ahead of PM Modi's visit
Catch all the LIVE updates on PM Modi's Ayodhya visit here, Ayodhya, Uttar Pradesh: Security heightened near the public meeting venue of PM Modi.As the newly constructed Ayodhya airport is set to be named after sage poet Maharishi Valmiki, Vishwa Hindu Parishad (VHP) President Alok Kumar said that it's a good move and he would like to thank the government."The central government has decided to name Ayodhya airport after sage poet Maharishi Valmiki. It is a good move.
30.12 / 01:50
FIVE
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MHA declares Canada-based gangster ‘Lakhbir Singh Landa’ an ‘individual terrorist’. All you need to know about him
Hindustan Times. In a notification issued by the Ministry of Home Affairs (MHA), it stated that Landa was closely associated with Canada-based pro-Khalistan elements including Sikhs for Justice leader Gurpatwant Singh Pannu, and Khalistan Tiger Force leader Hardeep Singh Nijjar among others. This September, NIA announced cash rewards for information leading to the arrest of five Babbar Khalsa International (BKI) operatives, including Harwinder Singh Sandhu alias "Rinda" and Lakhbir Singh Sandhu alias "Landa".
30.12 / 00:05
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Airlines urge US to do more to address flight delays
By David Shepardson
29.12 / 23:51
Citi
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hospital
prevention
Casinos, hospital ask judge to halt Atlantic City road narrowing
Five Boardwalk casinos and a hospital want a judge to prevent Atlantic City from narrowing the main road running through the city’s downtown
29.12 / 23:45
Waves
FIVE
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travelers
Maui's economy needs tourists. Can they visit without compounding wildfire trauma?
Hawaii’s governor and mayor are welcoming tourists back to the west side of Maui months after August wildfires killed at least 100 people and destroyed more than 2,000 buildings
29.12 / 23:43
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South Carolina nuclear plant's cracked pipes get downgraded warning from nuclear officials
Federal regulators have lessened the severity of their warning about cracks discovered in a backup emergency fuel line at a South Carolina nuclear plant northwest of the state capital
29.12 / 21:08
FIVE
Digital
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Remark
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Video games free download: Cyberpunk 2077 makers CD Projekt offers five
CD Projekt, the publisher of Cyberpunk 2077, is offering a total of five video games for free download. For those unfamiliar with GOG, it serves as the digital storefront owned and managed by CD Projekt. Notably, GOG boasts an extensive collection of free games, including some highly acclaimed titles. In recent days, GOG's winter sale has seen the addition of several remarkable games available for free download. These include Legend of Keepers: Career of a Dungeon Master, Lost Ruins, Caveblazers, and Lacuna. It's worth noting that these giveaways are available for a limited time only, adding to their exclusivity.
29.12 / 20:14
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Samsung to finally get its FY21 incentives under PLI scheme
Samsung for the first year — FY21 — of the smartphone production-linked incentive (PLI) scheme, officials told ET. The approval, granted after over two years, came after the smartphone major revised its claims as the government had found some discrepancies in the original paperwork. «The claims for the first year have been approved and the amount is likely to be disbursed in a couple of weeks,» an official said. The approved amount though is nearly half of the ₹900 crore that Samsung had initially filed for in August 2021, claiming to have achieved the target of ₹15,000 crore worth of incremental sales for FY21. To claim the subsidy, Samsung had to produce handsets with a factory cost of more than $200 (roughly ₹15,000). However, the ministry of electronics and information technology (Meity) found some discrepancies in the company's invoices and held back the incentives. While Samsung was the only company to have achieved the production targets in the first year of the PLI scheme, it is the last one to get the incentives due to the discrepancies and subsequent checks.
29.12 / 19:26
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record high
US overnight funding rate hits record high amid year-end volatility
By Davide Barbuscia
29.12 / 17:48
Citi
Provident
FIVE
CEO
XPeng expands XNGP in China market
Chinese electric vehicle maker, XPeng (NYSE:XPEV) announced Friday that the company has successfully rolled out its XNGP Advanced Driver Assistance System (ADAS) for customers in 27 more cities. expansion includes prominent cities such as Tianjin, Chengdu, Xi'an, Wuhan, and Changsha.
29.12 / 17:13
IPO
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Platform
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Mint Markets in Review, 2023 | Perspectives on the year and what lies ahead
five ideas you might want to consider before investing in this bull run. The surge in markets in the middle of the year was primarily led by small and midcap (smids) stocks. This rally was exciting, yet tenacious — as is the case with any smids stock.
29.12 / 17:12
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Earthquake of magnitude 4.6 hits Ukhrul in Manipur
tweeted, "Earthquake of Magnitude:4.6, Occurred on 29-12-2023, 22:01:19 IST, Lat: 25.14 & Long: 96.54, Depth: 120 Km ,Location: 208km E of Ukhrul, Manipur, India." No casualties have been reported as of yet. Further details are awaited. Earthquake in Manipur came days after tremors jolted Assam on December 27.
29.12 / 16:52
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2024
Wells Fargo says S&P 500 'will struggle to post gains early in 2024'
Speculation about a «Santa Claus rally» dominates financial discussions every December, irrespective of the market's annual performance.
29.12 / 16:40
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FIVE
stage
SJVN secures Rs 10,000 cr construction finance facility from banks
SJVN Ltd has secured Rs 10,000 crore construction finance facility to fund its upcoming renewable energy projects from a group of leading domestic and international lenders. The construction finance facility is a unique and first-of-its-kind transaction undertaken by a PSU entity and Public Sector Banks, a company statement said on Friday. According to the statement, SJVN has secured Rs 10,000 crore (USD 1.2 billion) construction finance facility to fund its upcoming renewable power projects from a group of leading domestic and international lenders.
29.12 / 15:55
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Continental
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gatherings
BRICS to Grow as Saudi, Iran, UAE, Egypt, Ethiopia Join Ranks
(Bloomberg) — Membership of the BRICS group of emerging-market nations is set to double, with Saudi Arabia, Iran, the United Arab Emirates, Ethiopia and Egypt to join its ranks on Jan. 1, South Africa’s envoy to the bloc said.
29.12 / 14:28
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Exclusive-Drugmakers set to raise U.S. prices on at least 500 drugs in January
By Michael Erman and Patrick Wingrove
29.12 / 14:23
FIVE
Platform
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Bitcoin
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2024
Taiwanese Authorities Caution Against Crypto Betting for 2024 Presidential Election
In light of the fact that Taiwan is getting ready to hold its presidential election on January 13, 2024, a crucial advice has been given to the people of Taiwan about betting on cryptocurrencies. A thorough investigation into the use of cryptocurrency platforms for betting on the result of the presidential election has been begun by the authorities in Taiwan. This inquiry has brought to light the ethical and legal considerations that are associated with such behaviors.
29.12 / 14:04
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Infosys, Wipro and Tech Mahindra to witness revenue dip in Dec quarter: Kotak Institutional Equities
Wipro and Tech Mahindra are likely to see a decline in their respective year-on-year (YoY) and quarter to quarter (QoQ) revenue in the December quarter, according to a report by Kotak Institutional Equities. “We expect a weak quarter for IT Services companies as furloughs, weak discretionary spending and project cuts impact performance. Three of the big five IT services companies should report a yoy and qoq decline in revenues in the December 2023E quarter, while growth for the other two will trickle down to low-single digits," the report said.
29.12 / 13:59
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Enterprise
Experts
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Nifty, Sensex see gains of up to 20% in 2023, ending with gains for 8th straight year.
Also Read- Tata Consumer becomes sixth Tata Group stock to surpass ₹1 lakh crore market cap The broader markets too have not only seen handsome gains during 2023 but outperformed the benchmark with Nifty Mid cap index gaining more than 50%. PFC, REC IRFC with gains of more than 200% were biggest mid cap gainers. Nifty Bank rose for the third consecutive year but relatively underperforms, up 12.34%.
29.12 / 13:09
29.12 / 13:09
Provident
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Google
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2024
What’s next for savings rates in 2024?
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