FIVE Financial News
20.12 / 09:42
FIVE
Digital
Google
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reports
ETtech Explainer: Why Google agreed to pay $700 million to settle US antitrust lawsuit
Google will pay a penalty of $700 million and rework its Android Play Store policy to settle an antitrust lawsuit in the United States. While the deal was finalised in September, the final terms of the settlement were revealed on December 19, when documents were filed in San Francisco federal court.
20.12 / 09:30
FIVE
Digital
Healthcare
Cardiovascular
reports
patient
prevention
Cancer and cardiovascular diseases top global claims frequency; respiratory disease ranks third: Report
Mercer Marsh Health Trends Report 2024. As per the report, several insurers are recogninsing the need for wider cancer support to reduce claim costs. 43% of insurance firms make cancer rehabilitation and return-to-work support globally.
20.12 / 08:49
FIVE
ICE
show
blues
rock
reports
evacuation
A volcano erupts in southwestern Iceland and spews magma in a spectacular show of Earth's power
A volcano has erupted in southwestern Iceland with a flash of light into the evening sky in the land known for fire and ice
20.12 / 08:44
Citi
Twitter
FIVE
economy
Southern
Death
Department
NOT
Wind farm off New Jersey likely to ‘adversely affect’ but not kill whales, feds say
A federal scientific agency says the lone remaining offshore wind project in New Jersey with preliminary approval is likely to “adversely affect” whales and other marine mammals, but not seriously harm or kill them
20.12 / 08:43
FIVE
Action
Death
President
track
Inside
reports
Brazil lawsuits allege direct relationship between meatpackers, deforesters on protected land
In an unusual series of legal actions, Brazilian prosecutors have sued multinational meatpacker JBS and three smaller slaughterhouses for allegedly buying cattle directly from illegal ranches in a protected area
20.12 / 08:42
20.12 / 08:39
FIVE
Airlines
Southwest Airlines, pilots union reach tentative labor deal
Southwest Airlines and its pilots reached a tentative labor agreement after three-and-a-half years of negotiations, the last of the four major airlines to reach a deal with pilots
20.12 / 08:37
FIVE
Digital
Manufacturing
show
Inside
reports
Takeaways on AP's investigation into cocoa coming from a protected Nigerian rainforest
As the world’s demand for chocolate grows, farmers in Nigeria are moving into protected areas of a forest reserve that's home to endangered species like African forest elephants
20.12 / 08:31
Citi
FIVE
economy
Metro
Highways
country
travelers
Union Transport Minister aims for India's road infrastructure to match US in next 5 years
India aims to elevate its road infrastructure to match that of the US within the next five years, said Minister of Road Transport and Highways, Nitin Gadkari. As part of a comprehensive strategy, the government seeks to alleviate metro congestion, significantly reduce travel time, and minimise road accidents, he said. In the preceding nine years, his ministry has allocated projects exceeding Rs 50 lakh crore and has streamlined the contract approval process by refining existing policies.
20.12 / 08:08
FIVE
Mobile
Department
Demat account nomination to bank locker agreement: Top five personal finance tasks to complete by December 31
₹5,000. However, taxpayers whose total income remains below ₹5 lakh will only have to pay a reduced penalty of ₹1,000.
20.12 / 07:47
FIVE
Strategy
Nestle
love
reports
Rural India's sweet tooth for Dairy Milk: Cadbury missing out on other treats?
Mint reported that Mondelez India, known for its popular chocolate brands like Cadbury Dairy Milk and Toblerone, has doubled its rural footprint in the past five years. Rural sales now contribute a quarter to the company's traditional trade revenue, as households in even smaller villages, some with populations as modest as 3,000, are spending disposable incomes on its chocolates.
20.12 / 07:45
Provident
FIVE
Mobile
country
innovations
travelers
2024
Top Golden Visa programs for investors to consider in 2024
golden visa programmes, foreign nationals can get a permanent or long-term residence permit in exchange for making a specific amount of investment in the host country. Golden visa programmes are a sort of residence-by-investment plan. Many investors who want to diversify their holdings, gain access to new markets, improve their quality of life, or obtain a second citizenship find these programmes appealing. But not every programme offering golden visas is made equal. Certain programmes may provide greater advantages and benefits than others, depending on the investor's aims, preferences, and profile. Are you immigration ready? Find out
20.12 / 06:14
FIVE
Nov
Experts
consequences
2020
reports
Mutual funds: SIP inflows in 2023 spike 22 percent. Experts give these reasons
systematic investment plans (SIPs) reached an all-time high in November 2023 as it touched ₹17,073 crore. By no means, it was an aberration. Interestingly, in each of the past five months starting July 2023, the previous record of SIP inflows in mutual funds was broken in the following month.
20.12 / 05:14
20.12 / 04:41
FIVE
country
We require more and better data on mutual fund SIP investments
₹17,073 crore, the highest it has ever been. SIP is a way of investing routinely in MFs, usually monthly, with the money being largely invested into equity MFs, which in turn largely invest in stocks. In buying stocks through the SIP route, the averaging of purchase prices comes into the picture.
20.12 / 04:29
Blockchain
FIVE
BLOCK
Strategy
President
Experts
Inside
2024
Financial
strategies
From deepfake to phishing: Top 5 fraud trends anticipated in the financial sector in 2024 and strategies for mitigation
The financial sector's battle against fraud requires a dynamic and multi-faceted approach. As technology continues to advance, so do the tactics of fraudsters seeking to exploit vulnerabilities in the financial sector. The financial sector faces escalating threats in 2024, including deepfake fraud, phishing 2.0, blockchain exploitation, insider threats, and AI-powered fraud.
20.12 / 04:07
FIVE
show
India's FY25 steel demand to be slower as elections loom: Analysts, officials
India's steel demand will likely slow in the next financial year beginning March as a mammoth general election will delay government projects and infrastructure spending, analysts and industry executives said. Steady government spending on infrastructure projects propelled India, the world's second-biggest crude steel producer, into one of the fastest-growing markets for the alloy globally, even as world demand slackened. But steel demand is expected to grow at a modest 7%-10% in the 2024-25 fiscal year, slower than a projected 11%-12% growth in the current year to March 2024, the analysts and industry executives said. Prime Minister Narendra Modi's ruling Bharatiya Janata Party will seek a third term in the next general elections due in early 2024. Staggered voting in India's general elections, the world's largest democratic exercise, takes place for weeks. «We expect finished steel consumption in India to increase by 9% in FY25, following a 12% rise in FY24,» Fitch Ratings said. But India would still remain the main growth market globally for steel, it said. Finished steel consumption hit a five-year high between April and October as construction activity picked up and the automobile sector showed robust demand. The construction sector grew 13.3% year-on-year in the July-September quarter and posted a 7.9% growth from the previous quarter to June 2023, the highest in five quarters.
20.12 / 02:30
FIVE
Matthews
President
Celebrity
country
travelers
Department
US tries to downplay differences with India; seeks engagement to address Ukraine-Hamas conflicts
India over an alleged plot to kill Khalistan separatist Gurpatwant Singh Pannun and expressed its willingness to engage with New Delhi in resolving the ongoing conflicts in Ukraine and West Asia. “I would say that we would welcome India’s constructive engagement in these two matters (wars in Ukraine and Gaza) as we welcome constructive engagement from countries around the world,” US state department spokesperson Matthew Miller said. He said the Joe Biden administration has focused a “great deal of time and attention” on the ties with India. Miller’s comments came ahead of foreign minister S Jaishankar’s Moscow trip later this week. India, which has maintained neutrality in the Ukraine war and continued its engagements with Russia, favours dialogue and diplomacy as the way forward to end the conflict. India has strong ties with Israel as well as with the Arab world. The country recently hosted the Sultan of Oman.
20.12 / 02:10
IPO
Provident
FIVE
WhatsApp
band
information
Inox India IPO allotment finalised: Here’s how to check Inox allotment status
BSE and NSE. Inox India IPO registrar is Kfin Technologies Ltd. Investors can find out how many shares they have been given through the basis of allotment in the IPO allotment status.
20.12 / 01:05
Provident
FIVE
Digital
Platform
Gap
stage
beautiful
Blume Ventures sees five-fold gain from first fund
early-stage venture capital firm Blume Ventures said it has achieved returns of more than five times of invested capital from its first fund, including an extension fund. Through the Fund-I and Fund-IA (the extension fund), the firm invested a total of Rs 114 crore between 2010 and 2015. As much as 98% of the returns were generated from 17 companies or a fifth of the portfolio of the first fund.
20.12 / 00:07
FIVE
Ball
exclusive
2024
Pokemon Go Rowlet Community Day in January 2024: This is what we know so far
Pokemon Go Community Day is set for Saturday, January 6, 2024, running from 2 to 5 pm local time. Featured Pokemon: Rowlet
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