FIVE Financial News

14.11 / 13:23
FIVE economy pandemic reports The job market slowdown is getting hard to ignore
inflation, as I suggested last week was one possibility. Neither argument captures the nuance of labor market changes this year, and how workers should be thinking about their job prospects going forward. While the odds of getting laid off remain very low, for the small — but growing — percentage of people who are either unemployed or looking to change jobs, conditions are arguably worse now than they’ve been in more than five years, outside of the pandemic.
14.11 / 13:23
FIVE WhatsApp voice 2020 ‘Moorkhon ka sardar’: PM Modi retorts as Rahul Gandhi accuses BJP of ‘stealing govt’ in poll-bound Madhya Pradesh
Madhya Pradesh Elections 2023: The crucial Assembly elections in the state of Madhya Pradesh are drawing close and simultaneously the intensity in exchanging barbs between Bhartiya Janata Party (BJP) and Congress is also surging. In a straight out battle between both parties in Madhya Pradesh, neither Congress nor BJP is leaving stones unturned to ensure a victory. The Madhya Pradesh Assembly Elections is part of the five state Assembly Elections that are being held in November- Rajasthan, Chhattisgarh, Madhya Pradesh, Telangana, and Mizoram.
14.11 / 11:56
FIVE Manufacturing Tesla country reports tax cuts elon India mulls five-year tax cuts for electric vehicles amid bid to woo Elon Musk's Tesla
Narendra Modi-led government was considering tax cuts on the import of completely built units of electric vehicles for up to five years. The policy would also allow international car manufacturers – such as Tesla – to import battery-powered vehicles on concessional duty rates if they commit to eventually building them in India. The report however indicated that a final decision was yet to be taken on the contours of the policy.
14.11 / 11:56
Target FIVE Man blues reports Mumbai India vs New Zealand: Man held in Mumbai for selling World Cup semifinal ticket in black for ₹1.2 lakh
World Cup semifinal match, to be played between India and New Zealand, for ₹1.2 lakh each, reports said on November 14. The accused, identified as Roshan Gurubakshani, was arrested by the Mumbai police while he was trying to sell the tickets in black, NDTV reported. Two tickets were recovered from him by the officials, the news channel added.
14.11 / 09:33
Provident FIVE Assurant economy medicines ‘Paisa Kamao, Bhupay karo continued for 5 yrs’: Union Min Anurag Thakur takes jibe at Chhattisgarh CM Bhupesh Baghel
₹500 irrespective of the increase in price. "I want to tell the youths if you want to take guarantees, take those of (given by) PM Modi. What the Bhupesh Baghel government was not able to give in five years, we will give within five weeks on the occasion of former PM Atal Bihar Vajpayee's birthday on December 25.
14.11 / 08:53
FIVE show reports India Inc boardrooms have a mixed report card on diversity
What does a typical Indian boardroom look like? While there are hues of diversity, it is mainly a grey-haired club where men still call the shots despite women gaining ground in boards. A Mint analysis of data of Nifty 500 firms sourced from primeinfobase.com showed close to half of the members of this coveted club are aged above 60 years, and millennials occupy just a minuscule 1.2% seats. Besides, the board composition remains heavily skewed towards non-executive directors, suggests data for the last five years.
14.11 / 08:49
FIVE Manufacturing Compilation Enterprise Experts show performer Private capex yet to get broad-based, experts differ on next year’s trajectory
private capex is concentrated only in a few industries and is yet to get more broad-based, economists said. Fixed asset investment grew faster in the construction and consumer-facing sectors like retail, finance, and consumer durables than the average growth registered across 1,420 industries, showed an ET analysis of data compiled by Bank of Baroda. Auto, power, and telecom were laggards, according to Bank of Baroda data, growing slower than the 7.1% growth registered across enterprises in the first half of FY23. “It can be concluded that investment activity is not yet broad-based. It is in limited pockets.
14.11 / 08:19
Target FIVE BLOCK economy Experts ANZ sets out five reasons the ACCC was wrong to block Suncorp deal
ANZ will make five key arguments in a hearing next month when it will attempt to convince the Australian Competition Tribunal to overturn the Australian Competition and Consumer Commission’s decision in August that blocked its $4.9 billion acquisition of Suncorp Bank. 
14.11 / 08:19
Provident FIVE country Accounting firms look offshore amid ongoing talent drought
Accounting firm leaders say they continue to find it difficult to hire and retain quality staff and are increasingly sending work offshore to countries with low labour costs.
14.11 / 08:19
FIVE Booking Fighting Immunic show reports CBA boss keeps his cool as deposit squeeze arrives
Commonwealth Bank’s profit margin was squeezed further last quarter, but this time the culprit was growing competition for deposits rather than aggressive mortgage pricing, chief executive Matt Comyn said, as savers chased better returns on their money.
14.11 / 07:59
FIVE Action performer stage country testing Have you become owner of Ram Lalla: Sanjay Raut questions BJPs use of Lord Ram in election campaign
Sanjay Raut slammed the Bharatiya Janata Party over the use of Lord Ram and Ram Mandir in the election campaign in five states. Addressing a public rally in Guna's Raghogarh, Amit Shah promised that the BJP would bear the cost for the darshan of Lord Ram Lalla if its government is formed in Madhya Pradesh. Reacting to it, Sanjay Raut said «I have read the statement of Amit Shah. In some meeting, he announced that if the BJP government is formed in Madhya Pradesh then the people will be given the darshan of Ram Lalla for free.
14.11 / 06:01
FIVE Merit WhatsApp Experts performer recommendations Mantra Samvat 2080: 5 market mavens share money-making mantra for the new year
Samvat 2080. The Hindu accounting year began with an upgrade from global brokerage Goldman Sachs which said India is expected to see “the best structural growth prospects in the region” with mid-teens earnings growth over the next two years. The market’s strategic appeal, particularly given its largely domestically driven growth, offers investors a wide array of alpha-generating themes, including make-in-India, largecap compounders and midcap multibaggers, Goldman said. Here’s what Dalal Street’s top 5 market moguls say on money-making opportunities in Samvat 2080: Sunil Singhania We think there is still merit, particularly in some of the larger second-tier banks. We are seeing performances on the fundamental side in terms of their NII, operating profit, and PAT growth. Their ROEs are now comparable to some of the larger banks and the asset quality is spic and span.
14.11 / 05:29
Target FIVE Booking Invesco WhatsApp Experts show MFs shunned these 10 mid, smallcap stocks for 3 months in a row; what should investors do?
smallcap stocks have been the flavour of the season for Dalal Street investors, giving superlative returns. However, the sharp rally has prompted mutual funds to book profits in some of them. The monthly MF holdings data showed that the domestic institutions have reduced exposure to 10 such mid- and smallcap stocks for three consecutive months. Of the 10 stocks, nine of them have given double-digit returns of up to 43% so far in the current financial year, while one has turned multibagger. Mazagon Dock Shipbuilders, Bank of India, Thermax, Uno Minda, and Vedant Fashions are the five midcap stocks which saw mutual funds reducing their exposure for three months in a row, according to the data shared by Nuvama Institutional Equities. The five smallcap stocks that saw selling by MFs for three consecutive months were Galaxy Surfactants, Ingersoll Rand, BEML, Home First Finance, and MTAR Technologies. Mazagon Dock Shipbuilders/BEML These two defence sector superstars have given whopping returns to investors so far in FY24.
14.11 / 05:28
FIVE Parke Metro country cover Department Traffic India's biggest Trade Fair opens today at Pragati Maidan: Details on tickets, timings, events, and traffic advisory
Bharat Mandapam (Pragati Maidan) is set to come alive as the India International Trade Fair (IITF) opens its doors on November 14, marking a significant annual event for the capital. Officials have revealed that this year's theme is «Vasudhaiva Kutumbakam — United by Trade,» emphasizing global unity through commerce. Trade Fair participants: With participation from 28 states and Union territories, IITF 2023 promises a vibrant display of diversity and business acumen until November 27.
14.11 / 04:41
Citi FIVE show isolate week Rain alert! IMD predicts heavy rainfall in THESE south Indian states this week. Detail here
Air pollution news today: Air quality in Delhi remains ‘poor’ but shows significant improvement The weather monitoring agency has projected heavy rainfall over the Southeast Peninsular until tomorrow (15 November). Light to moderate rainfall at most places may occur over Andaman and Nicobar Islands for the next five days.
14.11 / 04:41
FIVE Platform ByteDance TikTok 2020 reports TikTok is wading into South-East Asia’s e-commerce wars
TikTok’S chief executive, Shou Zi Chew, faced angry lawmakers in Washington, who grilled him for five hours on topics ranging from misinformation to mental health. A threat of a ban in America, the short-video app’s largest market, looms large. Other Western governments are making similar noises.
14.11 / 04:31
FIVE Waters economy Bill President innovations testing US bets on small nuclear reactors to help fix a huge climate problem
Georgia, the first nuclear reactors built from scratch in the United States in more than 30 years illustrate the enormous promise of nuclear power — and its most glaring weakness. The two new reactors at the Vogtle nuclear power plant will join two older units to create enough electricity to power 2 million homes, 24 hours a day, without emitting any of the carbon dioxide that is dangerously heating the planet. But those colossal reactors cost $35 billion, more than double the original estimates, and arrived seven years behind schedule. That's why no one else is planning to build large reactors in the United States. Instead, the great hope for the future of nuclear power is to go small. Nearly a dozen companies are developing reactors that are a fraction of the size of those at Vogtle, betting that they will be quicker and cheaper to build.
14.11 / 03:46
Citi FIVE Extreme Experts performer hospital stars play Looking for power play? Buy these 5 stocks as SIP, says Sanjiv Bhasin
Sanjiv Bhasin, Director, IIFL Securities, says people are talking of largecap underperformance. But the stars have been REC, PFC, NTPC, and Coal India. While people kept doubting the PSU rally, they kept going higher. There is still more steam there. I would not advocate buying fresh ad hoc, one can do SIP in some of these stocks. These are on a multi-year high, which means there is much under participation, particularly from mutual funds and FIIs that these stocks are going to be huge outperformers. Is there a trade in the short term in any of the jewellery, retail or textile stocks, considering everyone I have spoken to, referred to very long lines outside big stores. Correct. I think Reliance Retail will be the biggest beneficiary. They are adding about 800 outlets per quarter. One thing which is getting unnoticed by the market is how fast Reliance Retail is expanding into the market share and gaining market share. Earlier, they had about 2,000 outlets, now it is 800 per quarter. You can imagine how fast this multiplicity will be and that caters to all needs.
14.11 / 03:41
Citi FIVE Booking Williams awards BBC Adventure 'His Dark Materials' author Philip Pullman honoured with Bodley Medal at Oxford University
Pullman have been waiting almost five years for the final instalment in the author's sextet of books about his intrepid heroine Lyra and her adventures in multiple worlds. They won't have to wait too much longer. Pullman says he has written 500 pages of a 540-page novel to conclude the 'Book of Dust' trilogy, and it should be published next year — though he still doesn't know what it's called. «I haven't got a title yet,» Pullman told The Associated Press in his home city of Oxford, where he was honored Thursday with the Bodley Medal.
14.11 / 03:05
FIVE Experts Suzlon, BSE and CDSL lead rally in smallcap stocks
Nifty Smallcap 100 index gained 0.7% to hit an all-time high of 13,610 on Monday, dodging the weakness in the Sensex and Nifty. BSE, CAMS, and Hindustan Copper jumped 7-9%, emerging as the top gainers on the Smallcap index. The index has jumped 1,219 points, or 9%, since October 26 against the 2.8% gains in the Sensex and the 3.1% advance in the Nifty.

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