FIVE Financial News
19.12 / 21:01
FIVE
Digital
performer
innovations
testing
regulatory
UK Treasury Unveils Regulatory Framework for Digital Securities Sandbox
The UK Treasury has revealed its regulatory framework for a Digital Securities Sandbox under the Financial Services and Markets Act.
19.12 / 20:44
Citi
FIVE
Waters
stage
reports
Christmas weather: Will there be snow on December 25?
In Chicago, the holiday season will be marked by wet conditions rather than a white landscape, as temperatures in the city are expected to reach the 50s, accompanied by possible showers. Meanwhile, New York City anticipates dry weather on Christmas Day, with temperatures in the low 50s.
19.12 / 20:44
Provident
FIVE
Maxim
Ball
stage
Pokemon Go December 2023 Events: See the schedule
Pokemon Go event line-up offers a variety of activities, from Community Days to Spotlight Hours and special events like Winter Wonderland. Despite its seven-year tenure, the game continues to attract a global community of players eager to catch and battle Pokemon.
19.12 / 19:15
FIVE
BLOCK
Google
Mobile
Bill
President
Department
play
Alphabet, states reach $700 million deal in Google Play feud
Alphabet Inc. will pay $700 million and alter its Google Play policies to settle claims that the app store unlawfully dominates the Android mobile applications market, resolving antitrust complaints brought by attorneys general of about three dozen states and consumers. The deal, disclosed in a court filing late Monday, calls for changes to Play Store policies to reduce barriers to competition in the markets for app distribution and payment processing.
19.12 / 18:26
Provident
FIVE
BLOCK
CEO
Strategy
information
How to manage the corpus effectively after your PPF account matures
The Public Provident Fund (PPF) stands as a long-term savings and tax-saving scheme backed by the government. It allows investors to trim annual taxes and amass a substantial corpus. Being exempt from taxes, including earned interest, PPF holds a prominent place among the top tax-saving investments under Section 80C of the Income Tax Act. Operating for a minimum of 15 years, it offers the facility of limited partial withdrawals.
19.12 / 17:55
FIVE
Manufacturing
Enterprise
Continental
PepsiCo
Workday
reports
Varun Beverages to acquire PepsiCo's South Africa bottler Bevco
Varun Beverages Ltd (VBL), one of PepsiCo’s largest franchise bottlers worldwide, announced the acquisition of South Africa-based Beverage Company (Bevco) along with its wholly-owned subsidiaries at an enterprise value of Rs 1,320 crore, on Tuesday. The proposed transaction is valued at an enterprise level of ZAR 3 billion (Rs 1,320 crore) and will help it expand its geographical footprint in the African market, the company said in a stock exchange filing. BevCo, which has franchise rights from PepsiCo Inc, in South Africa, Lesotho and Eswatini, manufactures and distributes licensed PepsiCo and own-branded non-alcoholic beverages in South Africa.
19.12 / 16:41
FIVE
Reuters
Progressive
economy
reports
travelers
Grocery price hikes slow for 5th straight month in November
inflation rate held steady at 3.1 per cent in November, Statistics Canada said Tuesday, amid a “broad-based” easing in grocery price hikes.Some economists had expected a decline in the headline inflation figure, but StatCan said higher prices on travel tours and elevated housing costs kept the annual rate steady.Rents were up 7.4 per cent year-over-year — down from the previous month — and mortgage interest costs rose nearly 30 per cent annually, the agency noted.A 26.1 per cent jump in the prices for travel tours last month was offset by drops in the cost of cellular services, which StatCan said related to Black Friday deals in November.Gas prices were down last month but to a lesser extent than October, which the agency said put upward pressure on the monthly inflation figure. A drop in the price of fuel oil helped to reduce price pressures in the month, with StatCan noting the Liberal government’s temporary suspension of the federal carbon levy on home heating oil “contributed to the decline.”November was the fifth straight month that food inflation slowed, the agency noted, with grocery prices rising 4.7 per cent annually in the month.StatCan said that the easing at the grocery store was “broad-based,” with price hikes on every component in the grocery basket cooling from October’s increases.
19.12 / 15:50
FIVE
Experts
country
IIFL Samasta Finance raises Rs 607 crore in maiden public bond issue
IIFL Samasta Finance raised Rs 607 crore in its maiden public bond issue, with the lender aiming to maintain its growth momentum at about 25-40% in the next three years. Happy with the response to its first such fundraising, the company plans to follow up with another public bond issue early next fiscal, managing director Venkatesh N told ET. In this round, the NBCF-MFI mobilised over three times the base issue of Rs 200 crore even as it was aiming to raise up to Rs 1,000 crore through an option to retain oversubscription up to Rs 800 crore over the base size. «We have an approval for raising up to Rs 2,000 crore. Considering only a few months are left for FY24 to end and availability of some other undrawn lines, most likely we will hit the public bond market early next financial year,» Venkatesh said. In the second half of the current fiscal, the company plans to borrow about Rs 6,000 crore as compared with Rs 5,239 crore raised in the first six months.
19.12 / 13:41
FIVE
Platform
Nielsen
Nestle
social
TV ads see new trends even as volumes drop 4% in Q2
NEW DELHI : Advertising volumes on television decreased 4% in the September quarter from a year earlier, suggesting a slight slowdown even as a few new trends emerged with the auto, finance and e-commerce sectors gaining ground. The period between July and September saw significant shifts in categories, sectors, advertisers, and growth areas in television advertising, per data shared by TAM Media Research. Advertisers from the food and beverage sector maintained top position with 21% of the ad volumes, unchanged from a year earlier, while the personal care and hygiene category gained 2 percentage points over the same quarter last year, accounting for 18% of all ad volumes.
19.12 / 13:39
FIVE
Digital
BAY
Actor
innovations
Quantum computing will make online heists likelier than we can fathom
how to break down small integers like 15 and 21, these were the first demonstrations of ‘Shor’s algorithm,’ a method of quantum factorization that does not get exponentially more time-consuming as the number gets bigger. In August, Oded Regev of New York University proposed what many consider the first big improvement to Peter Shor’s 1994 technique. If it works, the time taken to decode complex ciphers may shorten.
19.12 / 13:39
19.12 / 13:38
FIVE
Cooper
Action
RBI imposes monetary penalty on five co-operative banks. Details here
Reserve Bank of India (RBI) has imposed monetary penalties on five cooperative banks for deficiencies in regulatory compliance. These co-operative banks are: The Manmandir Co-operative Bank Ltd, The Lakhvad Nagarik Sahakari Bank Ltd, Contai Co-operative Bank Limited, Sarvodaya Co-operative Bank Ltd, and Sanmitra Sahakari Bank Ltd.
19.12 / 13:11
FIVE
ETF
Compilation
Nov
show
track
2020
Bull market for long-dated Treasuries, iShares ETF reveals
A vehicle used to track longer-dated U.S. government bonds surged into a bull market, as investors seek to end three years of pain on the Federal Reserve’s willingness to consider interest-rate cuts.
19.12 / 12:38
FIVE
Digital
Manufacturing
economy
country
electronic
information
India should go up the value chain in electronics components manufacturing: MeitY Secy
Ministry of Electronics and Information Technology (MeitY) said on Tuesday. S Krishnan, Secretary Ministry of Electronics and Information Technology said that even at 15 per cent value addition, the employment potential is immense and the government is prepared to support this endeavour by the entrepreneurs. Speaking at the Merchants Chamber of Commerce and Industry here, Krishnan said «Electronics manufacturing in the country is an important part of the new policy of the government.
19.12 / 12:15
FIVE
show
reports
2024
Tiff Macklem sees Bank of Canada cutting interest rates in 2024
Bank of Canada governor Tiff Macklem said he expects to start cutting interest rates next year but needs to see several months of sustained downward momentum in core inflation first.
19.12 / 11:55
FIVE
Manufacturing
Fighting
Tesla
BlackRock
2020
These Tesla Wannabes Are Running Out of Road
Electric-vehicle startups were flying high just a few years ago. Now many are focused on survival. At least 18 EV and battery startups that went public in recent years were at risk of running out of cash by the end of 2024 as of their most recent filings, according to a Wall Street Journal analysis.
19.12 / 11:44
FIVE
Aware
Parke
Browser
Matrix
Healthcare
recommendations
2024
Five questions for 2024
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19.12 / 11:43
19.12 / 09:37
Target
FIVE
Booking
Experts
performer
stage
cover
Nifty Bank outperforms benchmark in December: A look at outlook going ahead and top picks by analysts
Geojit Financial Services, commented, "This, along with short covering and reasonable valuations, will keep this segment strong." The Nifty Bank has gained approximately 11 percent in the year-to-date period in 2023 and the last 12 months. In comparison, the benchmark Nifty has rallied 18 percent in the year-to-date period and 17 percent in the last 12 months. Analysts emphasise the importance of the banking index's performance for the overall health of the Indian market.
19.12 / 08:27
FIVE
rock
reports
gatherings
SOLIDARITY
Section 144 imposed in Manipur's Churachandpur district following fresh violence
Manipur government has imposed prohibitory orders under Section 144 of the CrPC for two months in Churachandpur district following fresh violence, according to an official order. Various parts of the northeastern state have been rocked by ethnic strife since May this year.
19.12 / 08:22
FIVE
Fighting
President
country
voice
donates
Donate for Desh: Congress raises around ₹1.5 crore in just one day through crowdfunding, says Ajay Maken
₹1.45 crores in a single day with Maharashtra leading the top five donor states list. In a post on X (formerly Twitter), Kapil Sibal said that Maharashtra donated ₹30.605 lakh, followed by Rajasthan with ₹12.981 lakh, Uttar Pradesh with ₹10.898 lakh, Delhi ₹10.589 lakh, and Karnataka ₹10.513 lakh. The Rajya Sabha MP wrote, "9 AM today Morning! Total raised: ₹1.45 Crores! A heartfelt thanks to all the donors.
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