FIVE Financial News
22.12 / 01:24
IPO
Waves
FIVE
Manufacturing
show
2020
reports
Public sector companies ride Aatmanirbhar wave to D-Street stardom
government’s policies to promote domestic manufacturing and create an ecosystem for indigenous defence procurement as well as green energy have helped energise shares of public sector undertakings (PSUs). A rush to own PSU stocks that have reported earnings growth above the benchmark index growth has resulted in their rerating. The share of government-owned companies in India’s total market capitalisation rose to nearly 10% in November from a low of 5% in 2020.
22.12 / 00:57
FIVE
Digital
Google
Entertainment
Bill
reports
recommendations
Low
UPI AutoPay top of charts in low-ticket recurring payments
UPI AutoPay. UPI AutoPay is the recurring payment mandate run by the National Payments Corporation of India (NPCI) on the UPI payment mode. Consumers usually use the feature to pay for their entertainment, newspaper subscriptions and other small-value recurring payments.
21.12 / 23:36
Citi
FIVE
SEC
social
information
2020
reports
FINRA
Broker
Finra bars ex-Wells Fargo broker previously charged with fraud
A former Wells Fargo Advisor broker in Salt Lake City was barred from the securities industry yesterday for not turning over information and documents that the Financial Industry Regulatory Authority Inc. wanted in its investigation of the broker, Louis Goff.
21.12 / 23:20
Citi
FIVE
CEO
Entertainment
Enterprise
McCombs family rejoining Spurs ownership group 30 years after patriarch sells franchise
The McCombs family has purchased a share of the San Antonio Spurs, returning after 30 years to the organization their patriarch helped establish and once owned
21.12 / 23:16
21.12 / 20:01
Target
FIVE
economy
show
performer
Here's what the Bank of Canada was thinking when it held rates this month
The Bank of Canada held its key overnight rate at five per cent on Dec. 6, a move that was widely expected by economists and markets. On Dec. 20, the central bank released a summary of the deliberations that led to that monetary policy decision. Here are five things the governing council said affected the decision:
21.12 / 20:01
FIVE
CRA
Strategy
PayDay
Celebrity
Department
donates
This is the way to get a tax 'refund' every paycheque instead of just once a year
What better time to get a head start on a year’s worth of tax savings than with 2024 just around the corner. This is particularly true if you’re an employee, like me, who has taxes withheld from your paycheque each pay period by your employer, yet you end up with a significant tax refund the following spring.
21.12 / 19:20
FIVE
Digital
Aware
Bill
show
country
reports
Russia oil imports rise 44% in October
Russia continued to be the top source for India’s oil imports in October, accounting for nearly 30% of the crude brought into the country, official data showed. At $3.78 billion, the value of the crude oil supply from Russia increased 44% year-on-year (y-o-y) in October from $2.62 billion in October 2022. On a sequential basis, too, crude imports from that country increased 9% from $3.48 billion in September 2023, commerce ministry data showed.
21.12 / 18:53
FIVE
CEO
Enterprise
President
show
reports
Department
Mortgage rates continue downward trend, housing market still sluggish
Hovnanian Enterprises Chairman, CEO and President Ara Hovnanian reacts to rising homebuyer confidence due to declining mortgage rates on The Claman Countdown.
21.12 / 18:21
FIVE
Waters
Manufacturing
Platform
Waaree Energies to invest $1 bn to set up solar facility in Texas
NEW DELHI : Mumbai-based Waaree Energies will invest up to $1 billion in setting up a solar module manufacturing plant in Texas, US. The facility, to be located in Brookshire, will have an initial capacity to manufacture 3 gigawatts (GW) of solar modules annually by the end of 2024.
21.12 / 17:20
FIVE
Aviat
Airlines
President
travelers
Traffic
A quiet revolution in the skies: India's air traffic control is undergoing a massive change
Indian air traffic control is in the midst of a major change. Due to a significant increase in surveillance capabilities by Airport Authority of India (AAI), from 1 January, air traffic controllers will be able to halve the lateral separation between two aircraft leading to more efficient use of airspace from 10 nautical miles (18.5 km)to 5 nautical miles.
21.12 / 15:08
Provident
FIVE
India gets consular access to Nikhil Gupta in Czech Republic
India received consular access on three occasions to Nikhil Gupta, who has been in a jail in the Czech capital of Prague following the US accusing him of involvement in a foiled plot to kill a Sikh separatist on American soil. External Affairs Ministry Spokesperson Arindam Bagchi also said India is extending necessary consular assistance to Gupta. «An Indian national is currently in the custody of the Czech authorities pending a request for extradition to the US.
21.12 / 14:25
FIVE
Enterprise
reports
LIC can achieve minimum public shareholding of 25% by May 2032 as govt grants one-time exemption
Also Read: LIC gets GST demand and orders worth ₹183 crore for Telangana Capital markets regulator Securities and Exchange Board of India (SEBI) has granted a period of five years to large cap companies for achieving the MPS limit. However, media reports said earlier this year that the government is likely to extend the 25 per cent public float exemption for the life insurer much beyond five years.
21.12 / 14:23
Provident
FIVE
Platform
Action
Bill
President
'Conspiracy to convert Parliament into platform for ruling party': Mallikarjun Kharge on suspension of 146 MPs
100 MPs now suspended from Lok Sabha as Opposition leaders protest, total tally reaches 146 "The biggest challenge is that the people holding constitutional positions, who are responsible for providing protection to the opposition MPs, are themselves becoming a part of party politics and doing politics using caste, region and occupation as their shield," Mallikarjun Kharge said at the CWC meet, adding, "[There is a] conspiracy to convert Parliament into platform for ruling party." "Country [is] watching how BJP is strangulating democracy by arbitrarily passing key bills without discussion," Mallikarjun Kharge said. Addressing party leaders at a crucial meeting of the Congress Working Committee (CWC) at the AICC headquarters in New Delhi, Mallikarjun Kharge said the Congress has learnt valuable lessons from its mistakes in the Assembly elections and is "committed to not repeating them".
21.12 / 14:16
FIVE
social
stars
2020
reports
2024
IPL 2024 auction: Akash Ambani's classy reply to fan shouting ‘Rohit Sharma Ko Wapis Lao’ wins netizens' hearts
IPL auctions are all about selecting new players to represent a specific franchise, and the event in Dubai on December 19 was no exception. All the ten teams spent a jaw-dropping ₹230.45 crore, with 72 players being selected. Mitchell Starc and Pat Cummins earned a combined sum of over ₹45 crore of the total while several uncapped Indians made big splashes.
21.12 / 14:09
FIVE
Reuters
economy
show
cover
reports
Department
Weekly
jobless claims
US weekly jobless claims increase slightly; third-quarter GDP growth trimmed
WASHINGTON (Reuters) — The number of Americans filing new claims for unemployment benefits rose just marginally last week, suggesting underlying strength in the economy as the year winds down.
21.12 / 14:09
FIVE
BLOCK
Waters
Action
Matrix
Healthcare
social
JICA extends ₹932 crore loan to India to implement Sustainable Development Goals
₹932 Crore to support Sustainable Development Goals (SDGs) initiatives in India. JICA, in a statement on Thursday, said that this loan will fund projects overseen by NITI Aayog. These projects are set to impact 112 aspirational districts and 500 aspirational blocks nationwide.
21.12 / 13:54
Citi
FIVE
rock
information
Brazil police launch raids over Braskem's sinking ground havoc
SAO PAULO (Reuters) — Brazil's federal police on Thursday conducted raids as part of a probe into petrochemical producer Braskem's sinking ground havoc in the city of Maceio, which has forced about 60,000 people to be moved since 2018.
21.12 / 12:43
21.12 / 10:04
21.12 / 09:34
FIVE
Retail inflation for farm workers rises to 7.37 pc in November, 7.13 pc for rural labourers
Retail inflation for farm workers rose to 7.37 per cent and that for rural labourers climbed to 7.13 per cent in November, mainly due to higher prices of certain food items. Retail inflation in October was 7.08 per cent and 6.92 per cent for farm workers and rural labourers, respectively, according to an official statement.
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