FIVE Financial News

24.12 / 19:56
Provident FIVE show reports donates Vedanta Ltd approves Rs 200-crore political contribution
Vedanta Ltd approved a Rs 200-crore contribution to political parties, even as the parent company is working round the clock to arrange a $1-billion payment on dollar-denominated bonds that are due in January. The board also approved reinstating the unutilised limit of Rs 57 crore — agreed in June 2022 — for making contributions to political parties. ET has reviewed the copy of the resolution passed by the board. Emails sent to Vedanta Ltd for its comments remained unanswered until the publication of this report. The limits of Rs 200 crore and Rs 57 crore contributions are valid until March 2025, the resolution copy shows. The board has approved «the contribution either directly or through electoral trust and in any form including subscription to electoral bonds». Vedanta's board resolution stated that the «chairman and the vice chairman be, and are hereby, severally authorised to decide the quantum of political contribution to be paid to individual political parties». Anil Agarwal is the non-executive chairman of Vedanta and his brother Navin Agarwal is executive vice chairman, according to the company's website. Vedanta passed the resolution on November 4, just two days before the 29th tranche of electoral bond sales was launched.
24.12 / 19:55
FIVE Fox Coronavirus pandemic performer 2020 Emotional gamble of a hand-knitted gift
But the challenge is part of why Alvarez, 29, likes to knit presents. Since 2020, she has knitted about a dozen gifts for her family each year for the holidays. This year, she made five pairs of mittens, four hats, a stuffed fox wearing a reindeer-patterned dress, and a sweater for her father's large French bulldog. «I'm a little nervous it won't fit him,» she said of the dog sweater, her first. «But I'm hoping for the best.»
24.12 / 19:54
FIVE Action Death Flushing shootings reports Poonch, Rajouri see spike in militant action in last three years
These activities were followed by infiltration of terrorists using the Pir Panjal Valley and subsequent counter-terror operations by security forces to flush out militants, they said. In the past too, militants have used the arduous Pir Panjal route to enter Jammu through the Line of Control in Poonch and Rajouri to further move towards Kashmir. Last week, militants killed four Army personnel and reportedly mutilated the bodies of at least two soldiers and took away weapons of some of them.
24.12 / 18:39
Provident FIVE Racing President performer Inside stake Soccer-'Local boy' Ratcliffe takes stake in Manchester United
(Reuters) -British billionaire Jim Ratcliffe struck a long awaited deal on Sunday to buy a 25% stake in Manchester United (NYSE:MANU) and pledged to invest $300 million in the English Premier League soccer club to try to revive its fortunes.
24.12 / 18:26
FIVE Fighting Death show travelers Rajouri-Poonch likely to get new sector chief; inquiry to find if SOPs violated
Sources said that a new sector commander of the Rashtriya Rifles (RR) is likely to take charge soon. An inquiry was on to establish if standing operating procedures were violated in recent attacks by terrorists on Army personnel, they said.
24.12 / 18:22
FIVE Cooper country Congress MLA Sunil Kedar disqualified from Maharashtra Assembly
Congress MLA Sunil Kedar after a special court convicted him in a Rs 150 crore cooperative bank scam along with five others. However, backing Kedar, the Congress called his disqualification a «witch hunt». Kedar was sentenced to five years of imprisonment on Friday following which the Maharashtra legislative secretariat issued orders to disqualify him.
24.12 / 17:45
Provident FIVE Mobile cover What is the taxation on withdrawal of PF?
—Vanita The Employee Provident Fund (EPF) Act and Scheme does not impose any restriction with regard to the timeline till which a member may keep EPF membership and thus remain invested in the Fund. However, an EPF account becomes inoperative, where an employee retires from service after attaining of 55 years of age and does not apply for withdrawal of accumulated balance within 36 months from the date it becomes payable.
24.12 / 17:11
Provident FIVE Kroger reports Department California lawsuit says Ralphs broke the law by asking job-seekers about their criminal histories
California has sued the Ralphs supermarket chain, alleging it violated state law by asking job-seekers whether they had criminal records and illegally rejecting hundreds of applicants
24.12 / 17:10
FIVE Manufacturing economy NetEase show reports week Stock market today: Wall Street ticks closer to record highs to cap its 8th straight winning week
Wall Street closed its eighth straight winning week with a quiet finish following reports showing inflation on the way down and the economy potentially on the way up
24.12 / 17:09
Provident Target FIVE Fighting Death Inside reports Updates Live updates | UN Security Council calls for Gaza aid, but stops short of demanding a cease-fire
The U.N. Security Council has passed a new resolution that calls for speeding up aid deliveries into Gaza, but without the original call for an “urgent suspension of hostilities” between Israel and Hamas
24.12 / 17:08
Citi Waves FIVE Manufacturing Southern country social Chinese automaker BYD plans a new EV plant in Hungary as part of its rapid global expansion
Chinese automaker BYD plans to build a new electric vehicle plant in Hungary, its first car factory in Europe, as part of its rapid global expansion
24.12 / 17:07
Provident FIVE Airlines economy travelers Department Busiest holiday travel season in years is off to a smooth start with few airport delays
The holiday travel rush is hitting its peak as mild weather and lower flight cancelation rates raise hopes for merrier drivers and airline passengers than last year
24.12 / 17:05
FIVE information reports testing Department patient FDA says fake Ozempic shots are being sold through some legitimate sources
The U.S. Food and Drug Administration says it has seized “thousands of units” of counterfeit Ozempic, the diabetes drug widely used for weight loss
24.12 / 17:03
Citi FIVE CEO Southern President travelers Railroad operations resume after 5-day closure in 2 Texas border towns
The federal government on Friday reopened railroad crossings in two Texas border towns, five days after the shuttering of rail operations there disrupted trade and caused outrage
24.12 / 17:01
FIVE Waters CEO Fighting Death President reports Contrary to politicians' claims, offshore wind farms don't kill whales. Here's what to know.
Unfounded claims about offshore wind threatening whales have surfaced as a flashpoint in the fight over the future of renewable energy
24.12 / 16:20
FIVE Platform country social innovations travelers Visa, agri, GSP likely to figure in India-US trade policy forum meet in Jan
GSP) are expected to figure in the meeting of India-US Trade Policy Forum (TPF) in January here, an official said. US Trade Representative Katherine Tai will be here for a meeting with Commerce and Industry Minister Piyush Goyal. «Both sides will discuss ways to increase trade and investments between the two countries during the two-day meeting from January 13, 2024.
24.12 / 16:07
Citi FIVE Digital Maxim Aware CEO Experts 2024 compliance Year-ender 2023: How compliance sector featured this year? Check experts' outlook for 2024
ALSO READ: RBI imposes monetary penalty on five co-operative banks. Details here Some even turned to experts for guidance and that is how training on compliance gained momentum in 2023.
24.12 / 14:50
Provident FIVE Digital track Department Assam CM Hemanta Biswa Sarma inaugurates 5 projects worth Rs 114 crore in Jagiroad
Jagiroad in Morigaon district during which he inaugurated five projects worth an aggregate of Rs. 114.17 crore. He inaugurated a railway over bridge built at a cost of Rs 85.96 crore, the newly-constructed Inspection Bungalow of the Public Works Department built at a cost of Rs 9.50 crore, a 750-seating capacity auditorium of the sports association with a project cost of Rs 7.20 crore, a Multi-Utility Building of the Jagiroad Development Authority costing Rs.
24.12 / 14:08
Provident FIVE country 2020 England rope in Kieron Pollard as assistant coach for T20 World Cup
England have appointed former West Indies captain Kieron Pollard as an assistant coach for the Twenty20 World Cup next year, the country's cricket board (ECB) announced on Sunday. Pollard helped the West Indies win the World Cup in 2012 while the 36-year-old, who made a name for himself as a T20 specialist, won five Indian Premier League titles with the Mumbai Indians between 2013 and 2020. The 2024 World Cup will be held in the West Indies and the United States in June. «Pollard will join the England men's team specifically for the T20 World Cup as an assistant coach and to provide expertise of local conditions,» the ECB said in a statement. «Pollard was a part of West Indies' 2012 men's T20 World Cup success and has vast experience in the format having played more than 600 matches.» England are the defending champions having won their second T20 World Cup title in 2022 in Australia. (Reporting by Rohith Nair in Bengaluru; editing by Pritha Sarkar)
24.12 / 13:24
FIVE country classical poker innovations reports Players in crossfire as online gaming firms grapple with massive tax hit
NEW DELHI : Playing real-money games such as rummy or poker might get more expensive as gaming startups scramble for ways to cope with the impact of higher taxes. Online gaming firms are staring at steep hits on their finances after tax authorities decided to bump up levies on the nascent sector to 28% of net revenue, from 18% earlier. “Of course, our operating margin will take a hit due to the increased tax rate.

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