FIVE Financial News
21.11 / 19:51
FIVE
Strategy
Matthews
social
reports
Matthew Lau: Here’s a laugh: Ottawa claiming it supports entrepreneurship
Last week, Justin Trudeau put out a statement to mark Global Entrepreneurship Week. “The Government of Canada,” he said, “is working to remove barriers so that entrepreneurship can continue to thrive.” That sounds nice, except for the “continue to” part: entrepreneurship has not thrived under his government at all. Statistics Canada reports that despite significant population growth between 2015 and 2022, the number of Canadians who were self-employed and who employed other people for pay fell 11 per cent. Contrast this decline in entrepreneurs to the 18 per cent growth in public sector employment over the same period. The two statistics are connected. Adding to government employment takes away money and resources that businesses and entrepreneurs need to establish themselves and grow.
21.11 / 19:11
Citi
FIVE
Career
JPMorgan
Software
Deloitte
information
IT firms dial down campus hiring, but GCCs are filling in
Tata Consultancy Services Ltd and HCL Technologies Ltd are expected to pay ₹3.5-4 lakh for engineering graduates with basic skill sets, while Wipro Ltd and Infosys Ltd will not be heading to campuses this year. Higher joining pay and no delays in starting with a company after accepting an offer have encouraged more students to accept offers from GCCs, placement executives said. “Last year (2023 batch), out of 947 companies that visited, more than 350 were GCCs.
21.11 / 18:19
Target
FIVE
Fox
CEO
economy
Dreams
cover
American families increasingly believe the American dream is out of reach
Former Bridgewater Associates CEO David McCormick joined ‘Mornings with Maria’ to discuss the Biden administration’s handling of the Israel-Hamas war, spotlighting China’s role in the conflict.
21.11 / 18:13
IPO
FIVE
band
show
performer
information
reports
All there only bright spots in Tata Tech IPO?
MUMBAI : After nearly two decades, a company from the Tata group stable is gearing up for its stock market debut. This itself is enough to stir excitement. Enter Tata Technologies Ltd, the initial public offering (IPO) of which opens for subscription today.
21.11 / 18:13
FIVE
Afghanistan to tour India for 3 T20Is beginning 11 January
ALSO READ: Suryakumar named India's captain for 5-match T20I series against Australia, starting 23 November The first of the three-match T20I series is scheduled for January 11 in Mohali, followed by the second and third matches on January 14 and 17 in Indore and Bengaluru, respectively. While Afghanistan and India have crossed paths in various Asian Cricket Council (ACC) and ICC events, this series marks the first time these nations will engage in a multi-match white-ball series.
21.11 / 16:07
Provident
FIVE
Career
Assam: Himanta Biswa Sarma asks trainee police officers to make extensive use of latest technologies
Assam Chief Minister Himanta Biswa Sarma asked trainee officers to make extensive use of latest technologies in the field of crime control and policing. Sarma on Tuesday attended as Chief Guest the passing-out parade of the 52nd batch of the basic course of North Eastern Police Academy comprising 377 trainee officers in the rank of Deputy Superintendents and Sub-Inspectors held at the Parade ground of the police academy at Umsaw in Ri-Bhoi district of Meghalaya.
21.11 / 14:03
FIVE
Progressive
Yellow
show
track
Inside
reports
Uttarkashi tunnel rescue: First visuals of trapped workers out; NDMA says ‘horizontal drilling’ in focus. 10 points
41 trapped workers inside the Silkyara tunnel of Uttarkashi entered its 10th day, a major relief came with the emergence of their first visuals. In the video, the workers were seen to be physically and mentally stable. Officials who addressed the press sounded confident of their well-being, noting that there was sufficient oxygen and light inside the tunnel, and eatables including dry fruits were being sent inside through a 4-inch pipeline.
21.11 / 14:03
FIVE
Align
ICC announces equal match-day pay for female officials to promote gender equality
ALSO READ: ICC shifts Under-19 Men’s Cricket World Cup 2024 South Africa from Sri Lanka Among other things, the board approved new gender eligibility regulations for women’s cricket according to which male-to-female participants. Those who have undergone male puberty will not be eligible to compete in the international women’s game, as per the rule, irrespective of any surgical or gender reassignment treatment undertaken.
21.11 / 13:57
FIVE
Platform
Netflix
film
show
classical
reports
Squid Game: The Challenge release date on Netflix: When will the game premier?
Squid Game: The Challenge" is all set to release on Netflix OTT platform on Wednesday i.e November 22, a day before Thanksgiving. The show is based on the Korean mega hit series that dominated the charts in 2021. Netflix will release the show worldwide simultaneously like any other Netflix Original shows. The show has been filmed in the United Kingdom and will have 456 contestants.
21.11 / 13:57
IPO
FIVE
Manufacturing
Healthcare
Experts
band
performer
Financial
How shares of Gandhar Oil, Flair Writing and Fedbank Financial stacked up in the grey market?
Gandhar Oil Refinery Gandhar Oil Refinery shares are commanding a premium of Rs 61 in the unlisted market, according to market analysts. The price band of this public issue is fixed at Rs 160-169. If the trends are sustained, the stock is expected to list at a healthy premium of 36%. The offer comprises a fresh equity issue of Rs 357 crore and an offer for sale (OFS) of Rs 143 crore.
21.11 / 13:38
FIVE
show
More Americans are tapping their retirement accounts in current hard times
Long-term financial goals are losing their priority status to immediate need as millions of Americans grapple with the cost of living.
21.11 / 13:37
FIVE
Compilation
economy
Nov
show
strain
reserves
Bond managers urge investors to put their cash reserves to work
For investors stashing record sums in cash, US bond managers overseeing a combined $2.5 trillion have a bit of advice: It’s time to put that money to work.
21.11 / 13:37
Provident
FIVE
Digital
Strategy
Mobile
stage
reports
What is ‘deep tech’ and why is it now considered an established asset class?
Solving the world’s biggest issues will involve, at least in part, an area of technology that is known as ‘deep tech’ and it’s now an established asset class according to new research.
21.11 / 13:31
FIVE
country
reports
travelers
94,332 Indians visited Singapore in October
Indian tourists visited Singapore in October, up from 81,014 in the preceding month, according to a media report on Tuesday. India was rated as a third tourist-generating market for Singapore, overtaking Malaysia and Australia. «A total of 94,332 Indian tourists visited Singapore in October, up from 81,014 in the preceding month.
21.11 / 13:23
FIVE
Highways
Uttarkashi tunnel collapse: Video communication established with trapped workers
Coal India and NHIDCL. Jain said that with fragile geology in the region, vertical drilling would be done extensively if other options failed.
21.11 / 13:17
FIVE
Art
Fighting
country
reports
SOLIDARITY
resolution
There has to be political resolution to the Manipur conflict: Lt Gen Rana Pratap Kalita
Kalita on Tuesday said that there have been traditional legacy issues between communities in Manipur, now both communities are completely polarised, more than 4000 looted weapons are still in the hands of people, so they are being used and sporadic incidents continue. There has to be a political resolution to this conflict. Kalita who was in Gauhati Press Club on Tuesday said, “Our aim initially in Manipur was to carry out rescue and relief operations for the people who have been displaced from their houses.
21.11 / 13:17
FIVE
Digital
Booking
Extreme
economy
Healthcare
pandemic
India to be $8 trillion economy by 2030-31; market cap can match GDP: Raamdeo Agrawal
Raamdeo Agrawal. India is in a different growth cycle, where aggregate earnings continue to grow faster than expected. The September quarter saw India Inc’s earnings grow by 32% versus expectations of about 25-26%, he said. Agrawal therefore remains bullish and sees potential for the market capitalisation to match India’s GDP by 2030. In a recent industry summit, Agrawal predicted the benchmark Nifty50 index to double over the next five years and even swell by 4 times in 10 years. Despite a rollercoaster journey, Nifty50 has given about 6% returns to investors so far in 2023. If earnings grow in double digits annually on a sustainable basis, the market is also ought to grow at a similar pace, according to Agrawal.
21.11 / 12:59
FIVE
show
reports
Did inflation dip again last month? StatCan to publish report
Statistics Canada is expected to release its latest reading on inflation Tuesday.
21.11 / 12:49
FIVE
Platform
electronic
reports
IRFC likely to raise around ₹3,000 crore via issuance of bond
Indian Railway Finance Corporation (IRFC) is planning to raise ₹3,000 crore, including ₹2,500 crore greenshoe, according to media reports. The bonds will mature in three years or on November 11, 2026. The bidding of the bond is scheduled for November 22, occurring from 10 am to 11 am on the electronic bidding platform of the National Stock Exchange of India.
21.11 / 11:35
FIVE
economy
NVIDIA
2020
reports
500
S&P 500 Rallies as Fed Minutes, Nvidia Earnings Loom: What to Expect Next
Stocks managed to rally yesterday, with the S&P 500 up almost 75 bps. With a large portion driven by the usual suspects. The rally in stocks continues as credit spreads narrow and financial conditions ease. This has allowed implied volatility to be sold and stocks to rally. The trade mechanics are similar to what we saw in June and July.
21.11 / 11:35
Provident
FIVE
BLOCK
Man
country
US pension plans lose bid to block cum-ex tax fraud case
COPENHAGEN (Reuters) — A group of U.S. pension plans has lost a bid to block Denmark's tax agency from pursuing millions of dollars from them in a «cum-ex» tax fraud case after a judge in a New York district court ruled the trial could proceed.
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