FIVE Financial News

Pakistan that are scheduled to take place on February 8, 2024, to elect the members of the 16th National Assembly. Saveera Parkash has officially submitted her nomination papers for the general seat of PK-25 in the Buner district. The Election Commission of Pakistan (ECP) recently amended its rules to require the participation of five percent female candidates for general seats.

cricket team has been delayed due to wet patches on the outfield. It was scheduled to start at 1 pm.

As much as big, hearty meals are part of the holidays for many, so are leftovers.

ownership dispute between Bharat Forge chairman & MD Baba Kalyani and his sister Sugandha Hiremath has reached a turning point at chemical company Hikal. After a shareholder vote, Baba's extensive 31-year tenure as a board member has come to an end. The cause of this change lies in the requirement for non-executive, non-independent directors, like Baba, to secure a certain percentage of votes for continued tenure.

left Vatry airport near Paris at 2:30 PM local time, reaching Mumbai after 4 AM. The flight was originally en route to Nicaragua from Dubai. French authorities interrupted it for a technical stopover after an anonymous tip, AFP reported.

Dunki, after its opening on December 21 (Thursday), raked in ₹29.2 crore nett in India. However, the film witnessed a dip on its second day, Friday, garnering ₹20.12 crore nett, marking a decrease of 31.1%. During the weekend, Dunki saw an upswing on Saturday with collections bouncing back to ₹25.61 crore nett, a substantial 27.29% increase from the previous day.

electric vehicles (EVs) into the next financial year and is likely to seek additional resources in the interim budget to expand its corpus. With the third edition of the Faster Adoption and Manufacturing Electric Vehicles (FAME) scheme yet to get a nod from the finance ministry, possibilities are being explored to extend the current edition till a new supporting framework is put in place, sources aware of the details told ET. «Additional funds for FAME II can be sought in a vote on account,» said a person aware of the matter. The extension would not require multiple approvals as needed for a fresh scheme and will help maintain momentum in the market in the interim, he added. Next year's budget will be a vote on account as general elections are due in April-May.

ride-hailing apps have mushroomed in India in segments such as cabs, autorickshaw and bike taxis. The emergence of these apps and tackling the competition have become a matter of routine management discussions within incumbent operators Uber and Ola, said people in the know. New apps such as InDrive, Namma Yatri, Yaary, BluSmart and Rapido (in the cabs segment) are primarily looking to address gaps left by the larger players in terms of customer service and driver-partner satisfaction, these people said. Meanwhile, Uber and Ola have also moved to solve some of those service problems, like driver cancellations and supply retention.

The road projects are Baleshwar-Kharagpur Expressway (BKEL), Jharkhand Infrastructure Implementation Company (JIICL) and Jharkhand Road Projects Implementation Company (JRPICL). With this sale, the board is looking to address a combined debt of ₹3,500 crore across these projects. The IL&FS board has in several court documents cited delays in approvals from lenders, slow progress and viability concerns for BKEL. For the other two projects, failure to receive annuities and approval for transfer to InvIT from the government of Jharkhand led to the move. The board, in its latest update to the National Company Law Appellate Tribunal (NCLAT), had cited considerable delays in approvals from lenders, including State Bank of India, slow progress and resultant setback on project viability in the case of BKEL as the reason why «transfer of the asset to the InvIT may not be possible, and alternate resolution plan would have to be formulated», said an IL&FS spokesperson. In the case of JIICL and JRPICL, the board has cited failure to receive annuities and approval for transfer to InvIT from the government of Jharkhand. BKEL is engaged in operating and managing about 477 lane km of Baleshwar-Kharagpur national highway in Odisha and West Bengal under a concession from the National Highways Authority of India on a toll basis. JIICL is engaged in operating and managing approximately 160 lane km of Section VII Ranchi Ring Road in Jharkhand while JRPICL is engaged in operating and managing about 664 lane km of roads developed under the Jharkhand Accelerated Road Development Programme.

Experion Developers, the Indian unit of Singapore's Experion Holdings, plans to launch projects with a sale value of over ₹10,000 crore next year as it has completed five land acquisitions worth ₹2,100 crore, CEO Nagaraju Routhu told ET. The company plans to launch projects in all five land parcels it has acquired recently, in addition to acquiring more land in the NCR and other cities. «We are expected to cross ₹1,000 crore in revenue in FY24, and we hope to more than double that number next year given the kind of launches we have planned.

Elekta, the Swedish medtech company that makes radiation therapy equipment for treating cancers and neurological disorders, is betting big on India. The company sees an acceleration of demand for linear accelerator (LINAC) machines led by expansion of cancer care to tier-2 and tier-3 cities and towns in both the private and public sector. LINACs are machines that use high-energy radiation to pinpoint and destroy cancer cells.

NEW DELHI : The Union budget for 2024-25 may set aside ₹2 trillion for the agriculture ministry to help it expand the government’s flagship schemes on income support and crop insurance for farmers, two officials aware of the plans said. This will be a 39% increase in allocation for the ministry, which received ₹1.44 trillion in the 2023-24 budget. A bigger allocation may also help the ministry raise annual farmer income support from the current ₹6,000 to ₹9,000.

makeshift bridge, set up as part of Christmas celebrations at Poovar near Neyyattinkara here, collapsed on Monday night causing injuries to several persons, police said. A senior officer of the district said that 7-8 persons were injured in the incident with one of them — a woman — suffering a major fracture in her leg. «The rest suffered only minor injuries,» he said. The officer said the incident occurred around 9 pm when several persons got on top of the bridge which could not support their weight and slanted to one side, toppling those standing there. The temporary bridge was set up for people to cross over a wall to the other side to see a waterfall and a nativity scene depicting the birth of Jesus as well as other decorations as part of the Christmas celebrations, the officer said. The bridge was just around five feet above the ground and was meant to support a few people at a time, he said. «However, several persons climbed on to it simultaneously which resulted in the accident,» the officer said. The injured were shifted to nearby hospitals, he added.

Ayushman Bharat card, Jan Aushadhi Kendra, tap water connections and more hours of uninterrupted power supply. The third National Chief Secretaries' Conference, scheduled to be held on December 27-28 in New Delhi, will mull the overarching theme of 'Promoting Ease of the Living' across five key social aspects — schooling, drinking water, electricity, health and wellness and land & property. To be chaired by PM Narendra Modi, the conference will be pushing for better schemes and service delivery in both urban and rural areas, with the help of technology and good governance tools. The theme of the conference, the second one in 2023, is also quite in tune with the ruling NDA government's focus on beneficiaries of its flagship schemes or the 'labharthis' who have emerged as a unique socio-political constituency for the current dispensation. The steadfast focus on the 'labharthis' is also, in fact, being borne out in the ongoing Viksit Bharat Sankalp yatra wherein government servants have been deployed to take the message of central government beneficiary schemes and its achievements across states. In the case of the new 'Ease of Living' focus, over 5,000 officials from across state governments and the Centre have already been engaged in the exercise, holding several workshops on the five sub-themes to states and sending details of success stories and feedback. Ease of Living In a September 16 meeting chaired by the Cabinet secretary, state governments were told that the overarching theme for the conference 'Ease of Living' is to focus on two facets — access to schemes «especially individual beneficiary schemes» and «ensuring the quality of service delivery». For individual beneficiary schemes, simplification and

NBA has come out with five fabulous games on this day. It starts with the Bucks vs. Knicks at noon ET followed by the Warriors vs. Nuggets at 2:30 p.m. ET, Celtics vs. Lakers at 5 p.m. ET, 76ers vs. Heat at 8 p.m. ET. The day ends with the Mavs vs. Suns at 10:30 p.m. ET. Christmas is a day that has always featured the best players in NBA history- LeBron James, Kobe Bryant, Michael Jordan, Tim Duncan and many others.

Milwaukee Bucks will take on New York Knicks on the Christmas Day slate in the NBA. They launched their back-to-back set against the New York Knicks by receiving a pleasantly surprising gift: Vintage Khris Middleton. Middleton will try to build off one of his most impressive games of the season on Monday afternoon when the Bucks visit the Knicks. Middleton garnered 20 points, five rebounds and five assists on Saturday as the Bucks embarked upon their lengthy stint in the Big Apple with a 130-111 win over the Knicks.

iVoomi S1 The iVoomi S1 standard variant is equipped with a 2.1 kWh battery pack and a 1.6 kW motor, allowing it to achieve a maximum speed of 55 kmph. With a price tag of Rs 85,000 (ex-showroom), this electric vehicle boasts a claimed range of 105 km on a single charge. Gemopai Ryder Supermax Priced at an introductory ex-showroom cost of Rs 79,999, the Ryder SuperMax features a BLDC Hub Motor delivering a peak power output of 2.7 kW.

As the days of 2023 wind down, FixedFloat, the leading non-custodial automated exchanger, takes a moment to reflect on a year filled with milestones, growth, and community engagement. In this comprehensive review, we share our journey through statistics, highlight key achievements, and offer a glimpse into our plans for the upcoming year.

Gift cards make great stocking stuffers — just as long as you don't stuff them in a drawer and forget about them after the holidays. Americans are expected to spend nearly $30 billion on gift cards this holiday season, according to the National Retail Federation. Restaurant gift cards are the most popular, making up one-third of those sales.

sugar and this makes the sector vulnerable to fluctuations in global prices and demand, a report by economic think tank GTRI said on Monday. The Global Trade Research Initiative (GTRI) said these five products — basmati rice, non-basmati rice, sugar, spices, and oil meals — account for 51.5 per cent of India's total agriculture exports. Furthermore, India grapples with various domestic challenges including infrastructural deficits, quality control issues, and non-tariff barriers, all of which impede the growth and competitiveness of its agricultural sector, it said. «This makes them (agri exports) vulnerable to fluctuations in global prices and demand,» it said, adding these commodities also face frequent export bans in India. At present export of non-basmati rice is currently banned from India and India is also fighting at the WTO (World Trade Organisation) to protect subsidies to rice and wheat under a public stock holding programme. Besides, certain WTO member countries have taken India to disputes on sugar for providing subsidies to farmers.

Manchester United and Aston Villa will clash on Tuesday in the Premier League when both of them have been going through a bad phase with disappointing performances. While Erik ten Hag’s side have failed to score in four straight games in all competitions and were humbled in their 2-0 defeat at West Ham before Christmas, the incredible run of Unai Emery's team's 15 Premier League home wins in a row is over as they drew 1-1 at home against bottom club Sheffield United last time out. Despite this, it has been a superb year for Villa and their main aim for 2024 is to finish in the top six and try to win the UEFA Europa Conference League.