FIVE Financial News
15.12 / 15:11
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rock
reports
Earth had close shave with over 100 Vatican City, Burj Khalifa-sized asteroids in 2023: NASA's top targets unveiled
13 such space rocks flied past Earth in November alone, 16 in October, 13 in September, three in August, two in July, seven in May and 10 in April this year. Meanwhile, data with the Minor Planet Center, the internationally recognized clearinghouse for small-body position measurements, shows that 2,818 near-Earth asteroids were discovered this year, as of December 12, 2023. In all, 33,884 near-Earth asteroids have been discovered by the NASA so far.
15.12 / 14:57
FIVE
President
country
hospital
Foundation stone for Ayodhya mosque likely to be laid next year
Ayodhya is likely to be laid next year, and saints, pirs and clerics will be invited for the ceremony, people associated with the project said on Friday. The Indo-Islamic Cultural Foundation (IICF) has been tasked with the construction of this mosque. Haji Arfat Shaikh, chairman of the Ayodhya mosque development committee, said when the mosque is ready in the next five to six years, top clerics of all countries will be invited, including Imam-e-Haram, who leads the namaz at the Mecca masjid.
15.12 / 14:25
Provident
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Digital
Landmark
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Gaming cos get no relief in SC on tax claims exceeding Rs1 trillion
NEW DELHI : The Supreme Court declined to grant a stay order on show-cause notices issued by tax authorities to online gaming companies, and adjourned the hearing to 8 January. The E-Gaming Federation (EGF), along with gaming companies including Play Games24x7 and Head Digital Works, had petitioned against retrospective goods and services tax (GST) claims collectively exceeding Rs1 trillion. With the petition for a stay declined, the companies fear more such notices could be issued even as the legal debate on gambling versus skill-based online gaming remains unsettled.
15.12 / 14:01
FIVE
Mobile
ICE
performer
country
social
India, UK look to resolve visa, EV issues under proposed free trade agreement
UK are trying to resolve issues concerning visas for domestic professionals and duty concessions on British electric vehicles (EVs) as part of the proposed free trade agreement, and talks on them are at the last leg, an official said. An Indian team is in the UK to iron out differences over these issues, besides some others in the services sector and customs duty cut on British whiskey. The two countries are looking at tariff rate quota (TRQ) type arrangements for EVs.
15.12 / 13:25
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market volatility
Millennials now most confident investors at dealing with market volatility
America’s core working age cohort of investors has shown the most confidence in being able to manage the ups and downs of the market according to a new study.
15.12 / 13:03
FIVE
Assurant
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consequences
Uttar Pradesh BJP MLA Ramdular Gaur found guilty of raping minor girl, gets 25 years imprisonment
Duddhi constituency, Ramdular Gaur, has been declared guilty by a Additional Session Court, for raping a minor girl nine years ago. The additional Sessions Judge sentenced Duddhi's BJP MLA to 25 years imprisonment, and imposed a fine of ₹10 lakh. The court ordered that the ₹10 lakh will be given to the girl's family for rehabilitation.
15.12 / 13:03
IPO
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performer
Zomato skyrockets 108% in 2023: A look at how other new-age stocks performed this year
PB Fintech, Zomato, CarTrade Tech, Nykaa, and Delhivery have all yielded positive returns thus far in the current year. Among these, Zomato managed to cross its IPO price and also delivered a multi-bagger return. Although commencing the year 2023 on a relatively negative note with a 16% loss in value, the Zomato stock demonstrated a substantial recovery in April, registering a noteworthy gain of 27.25%.
15.12 / 12:49
Provident
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Digital
Platform
Exponent
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reports
ETtech Deals Digest: Startup funding rises to $511.47 million on Udaan boost
funding round, according to data from Tracxn. This compares to $175 million raised by 31 companies in the same week a year ago. Sequentially, however, the latest week saw a 20% drop in terms of volume and a 4.8X jump in value.
15.12 / 12:13
Waves
FIVE
economy
show
cover
shock
Here's how Canadians are coping with higher interest rates in 5 charts
Canadians continue to be hit by the climb in Bank of Canada interest rates, with the costs of paying down debt rising to a record in the third quarter while net worth declined, according to Statistics Canada household finance data released Dec. 13.
15.12 / 11:25
15.12 / 10:53
Citi
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Metro
Celebrity
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Liquor industry in high spirits as holiday season is around the corner, premium brands to boost sales
Diageo India. The Manipur government's decision to legalise liquor in the state is also expected to drive up sales. The state government withdrew the prohibition from district headquarters, greater Imphal areas, tourist locations and registered hotel establishments, according to media reports.
15.12 / 10:53
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Bharat Electronics share price rises 3% on mega defence order
Bharat Electronics Ltd (BEL) share price surges 3.26% to ₹169.35 per share on Friday, December 15, after the company bagged a mega defence order. The Ministry of Defence has entered into a significant agreement with BEL, Pune, for the acquisition of electronic fuzes for the Indian Army over a 10-year period, with a total investment of ₹5,336.25 crore. Aligned with the 'Aatmanirbhar Bharat' vision, this contract is established for the procurement of ammunition under the 'Manufacture of Ammunition for Indian Army by Indian Industry' initiative.
15.12 / 09:31
15.12 / 08:09
Provident
FIVE
Wirecard
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country
information
2020
He’s Wanted for Wirecard’s Missing $2 Billion. He’s Now Suspected of Being a Russian Spy.
BERLIN—Soon after payment-processing giant Wirecard reported in June 2020 that nearly $2 billion had gone missing from its balance sheet, its chief operating officer Jan Marsalek boarded a private jet out of Austria. After a landing in Belarus, he was whisked by car to Moscow, where he got a Russian passport under an assumed name. Western intelligence and security officials now say they have reached the unsettling conclusion that Marsalek had likely been a Russian agent for nearly a decade.
15.12 / 08:07
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Fighting
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California regulators vote to extend Diablo Canyon nuclear plant operations through 2030
California energy regulators have voted to allow the Diablo Canyon nuclear plant to operate for an additional five years, despite calls from environmental groups to shut it down
15.12 / 06:59
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Experts
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recommendations
Shining Bright! Metal stocks rally up to 25% in a month. Is the time ripe to buy them?
Metal stocks surged nearly 9% on Thursday amid fall in the dollar index after the US Federal Reserve kept rates unchanged while hinting at least three rate cuts next year. While it was okay to keep a positive view on the sector, a wait-and-watch strategy for now is the road forwards, told an analyst to ET Now. Dollar has declined 2.7% in the last three months, making dollar-priced commodities such as metals a lucrative buy for importers.
15.12 / 06:59
FIVE
Digital
Entertainment
Enterprise
Sony
country
Disney, Sony deals may make it harder to reach India’s consumers
media deals in India are giving the likes of Unilever Plc and Procter & Gamble Co. a reason to worry: If entertainment goes the way of telecom and ends up effectively as a duopoly, will it become costlier for large consumer brands to reach 1.4 billion people? The first of these two transactions may come as early as Monday and would see Walt Disney Co. enter into a non-bidding agreement with Mukesh Ambani to merge their media businesses in the country.
15.12 / 06:15
Citi
FIVE
stage
country
strain
Militants attack police office and army post in northwest Pakistan. 2 policemen, 3 attackers
Taliban stronghold in northwest Pakistan before dawn Friday, triggering firefights that killed two police officers and three insurgents, security officials said. The attack in the town of Tank in Dera Ismail Khan came three days after a suicide bomber in the same region rammed his car into a police station’s main gate and five others opened fire, killing 23 officers in this year's worst attack on troops. Local police chief Iftikhar Shah said two police officers were “martyred” and three others were wounded in Friday's attack on the police headquarters, while two of the attackers died. He said a third militant was killed by soldiers during the assault on a nearby army post. No one immediately claimed responsibility, but suspicion was likely to fall on the Pakistani Taliban, known as Tehreek-e-Taliban Pakistan, or TTP. The group is separate from Afghanistan's Taliban though it is allied with the Afghan movement, which seized power in the neighboring country in August 2021 as U.S.
15.12 / 06:01
FIVE
country
reports
Assam CM Himanta Biswa Sarma calls for caste census among Muslim community, says ‘crucial for them to be strong’
India Today report. “The opposition misleads the country. Now the Hindus of the country have woken up, now Hindus will not be divided.
15.12 / 05:49
FIVE
Mobile
Discover
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social
Parliament security breach: Two more detained, six teams of special cell constituted to lead investigation
Special Cell of Delhi Police, conducting an investigation into the Parliament security breach case, has detained two more people following their suspected association with five arrested in the case. The detained persons are identified as Mahesh and Kailash, both residents of Rajasthan and have an alleged association with a social media group called 'Justice for Azad Bhagat Singh'. During the interrogation of the Counter Intelligence Unit of the Special Cell, it came to light that Mahesh was also going to be part of the attack team but for some reason he was stopped by his family members. Apart from that, Mahesh has also helped Lalit Jha, the fifth accused and mastermind, burn the mobile phones of his associates after he reached Rajasthan's Kuchaman from Delhi. On the other hand, last night, senior police officials, including two Deputy Commissioners of Police (DCP) and Additional Commissioners of Police, interrogated Lalit Jha, during which he narrated the whole incident to officials. According to sources, during interrogation, it came to light that preparations for the attack were being made months ago. An entry pass was necessary for entry into Parliament; hence, it was not available.
15.12 / 05:33
FIVE
Fighting
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analyst
Veteran analyst upgrades 5 bank stocks thanks to Powell
Amid news from the Fed yesterday that its fight against inflation is over, veteran bank analysts at Odeon Capital upgraded five bank stocks from Hold to Buy — Bank of America Corp (NYSE:BAC), Wells Fargo & Company (NYSE:WFC), U.S. Bancorp (NYSE:USB), PNC Financial Services (NYSE:PNC), and Truist Financial Corp. (NYSE:TFC).
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